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Tiderock Companies, Inc. (OTC Pink: TDRK) is a diversified investment and advisory services company headquartered in Boston, MA. The company specializes in real estate, land development, infrastructure, and private equity, leveraging over 20 years of industry experience. Its core operations are structured under two primary divisions: manufacturing and real estate.
On the real estate front, Tiderock focuses on high-value
Tiderock Companies (OTC PINK:TDRK) has completed the acquisition of GRP Alliance , a UK company formed to acquire MTAG Composites 's assets. GRP Alliance, to be renamed Tiderock Composites, brings over two decades of experience in ISO 9001 accredited composite products. The acquisition terms include 1,300,000 Series C Convertible Preferred Shares and a $200,000 initial payment. The company will maintain operations at its Coningsby, Lincolnshire facility, serving aerospace, marine, rail, and entertainment markets. Customer orders are already being placed for 2025.
Tiderock Companies (OTC PINK:TDRK) has acquired MTAG Global Inc., forming a major international materials company. MTAG Global, a robust player in the European market, operates in sectors such as rail, aerospace, marine, automotive, construction, and defense, with annual revenues over $25 million. Despite postponing the acquisition of MTAG Composites, Tiderock secured MTAG Global's exclusive distribution rights with a $250,000 fee. For fiscal 2024, MTAG forecasts $12.5 million in gross revenue. Tiderock issued 800,000 Series C Preferred Shares and MTAG Global will appoint a board member. Tiderock's operations now include manufacturing, led by MTAG, and real estate through Sora Ventures, which is developing residential projects in the Southeast US.
BALTIMORE, MD / ACCESSWIRE / February 28, 2023 / Tiderock Companies, Inc. (OTC PINK:TDRK) is exploring opportunities in the Solar and Green Energy sectors to leverage its real estate development expertise. The company aims to create value for shareholders by identifying potential partnerships and projects. Amid rising inflation and energy costs, Tiderock plans to utilize the Inflation Reduction Act of 2022, which offers homeowners up to 30% tax credits for solar investments. Additionally, Tiderock will continue evaluating real estate projects that meet its capitalization rate criteria, encompassing multi-family, single-family, and commercial investments.
Tiderock Companies (OTC:TDRK) has engaged M&K CPAS PLLC as its audit firm, marking a significant step towards becoming a fully reporting company with the Securities and Exchange Commission. The two-year audit will cover financial periods ending December 31, 2021, and 2022. CEO Thomas Fore emphasized that this move is crucial to capitalize on emerging opportunities in the changing economic landscape. Tiderock focuses on high-value real estate projects and advisory services through its subsidiaries. The company aims to provide timely updates to shareholders regarding material developments.
Tiderock Companies (OTC PINK:TDRK) is exploring development opportunities in Puerto Rico following the devastation caused by hurricanes Irma and Maria. The local and federal housing departments have allocated nearly $5 billion to improve housing in the region, including programs for Low Income Housing Tax Credits. In partnership with RealTex Development, which has over 30 years of experience in affordable housing, Tiderock has begun due diligence on four projects, focusing on senior housing, low income multi-family, and single-family housing.
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