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Metrospaces (OTC: MSPC) announced the development of Infinity View Villas, featuring nine luxury villas and a 4,000-square-foot home in the Dominican Republic. This initiative will integrate into their MetroHouse co-living platform, which plans to launch in Philadelphia on September 15, featuring 15-20 rooms initially. The revenue model aims to finance development through villa sales while retaining management for ongoing profits. Construction starts in late August, with phase one set for mid-2022 completion.
Metrospaces, Inc. (OTC: MSPC) announces the development of 9 high-end villas and a 4,000 sq ft home as part of its new co-living platform, MetroHouse, set to launch on September 15th. The initiative aims to attract digital nomads in secondary cities, with the Dominican Republic as the first international location. Plans include incorporating 15-20 rooms by launch date and a goal of 100-120 by year-end. The company intends to use proceeds from villa sales to finance construction, ensuring a low cash investment while retaining profitable management rights.
Metrospaces, Inc. (OTC: MSPC) has announced the resignation of its CEO, Daniel Silva, effective immediately. Oscar Brito will serve as interim-CEO and sole board member. Silva sold his preferred control series B shares to GBS Capital Partner, managed by Brito. Brito emphasized the company's shift towards becoming a US-focused Prop-tech entity, and mentioned ongoing discussions with potential board members with IT backgrounds to better align with this new strategy. No details on financial performance or future projects were disclosed.
Metrospaces, Inc. (OTC: MSPC) has announced a strategic minority investment in Good Hemp Inc. (OTC: GHMP), aimed at enhancing health and wellness product offerings. Good Hemp's notable achievements include acquiring Diamond Creek Water, improving retail relationships, and launching Good Hemp Wellness in partnership with Dr. Jason Minsky, focusing on high-quality CBD products. The company also explores innovative IT solutions utilizing drone and AI technologies to optimize farming operations, aligning with its real estate investment strategies.
Metrospaces, Inc. (OTC: MSPC) is evolving as a luxury real estate developer by partnering with Shokworks to integrate advanced technology into its operations. This collaboration aims to launch two significant prop-tech initiatives: Metrohouse, a co-living platform designed for urban professionals, expected to debut in summer 2021, and a blockchain-certified service for real estate brokers, set for Q4 2021. These innovations aim to democratize real estate investments and offer transparent, accessible opportunities for a wider range of investors.
Metrospaces, Inc. (OTC: MSPC) shared a letter to shareholders highlighting a transformative shift from luxury real estate development to a Prop-tech focus. The company plans to launch a Co-Living platform targeting underserved Tier-2 U.S. cities, negotiate for a Blockchain-Signature Certification Service, and explore other acquisitions to strengthen their market position. Additionally, they are cleaning up their balance sheet by addressing convertible loans, aiming for a positive financial outlook. Upcoming financial disclosures are expected to enhance investor confidence.
Metrospaces, Inc. (OTC: MSPC) announced a strategic shift from traditional luxury real estate development to becoming a Prop-Tech developer. The company has successfully forged partnerships in IoT and AI, resulting in significant economic successes. Upcoming launches include blockchain-certified signature services for real estate professionals and a specialized co-living residential project. Metrospaces is also exploring acquisitions in the Prop-tech sector, aiming to provide more value to long-term shareholders.
Metrospaces, Inc. (OTC: MSPC) has applied to begin its financial statement Disclosure Service with OTC Markets. The company aims to regain 'Current' status as an alternative reporter on the OTC Markets by addressing accounting, legal, and filing obligations. CEO Mr. Brito expressed confidence in completing these actions before June 30, 2021. Once approved, Metrospaces plans to file financial statements regularly, ensuring transparency and compliance for shareholders.