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NEXT10 Inc. (NXTN) reports company developments tied to Torreon Group, an Arizona-based business with real estate development, commercial ventures and strategic acquisitions. Recent updates center on ABOA Real Estate and ABOA Development, including rental-property acquisition activity, premium community positioning and the use of development inventory to support rental income.
Earlier NXTN announcements described the company as doing business as Ultimate Holdings Corporation through Ultimate Logistics, LLC, which offered lease-to-own opportunities for over-the-road truck drivers under the Ultimate Program. Recurring news topics have included fleet additions, owner-operator support services, audited financial statements, public-company reporting preparations and capital-structure disclosures.
Next10, Inc. (NXTN) announced that Boyle CPA, LLC is finalizing the audited financial statements for 2019 and 2020. Once completed, UHC plans to file a registered offering with the SEC to become a reporting issuer and fund its trucking operations. Additionally, UHC has ordered 36 Kenworth Next Generation T680s for 2022 to support independent owner-operators. CEO William Rieser emphasizes UHC's unique program, fostering loyalty among drivers through referrals and respect.
Next10, Inc. (NXTN) announced a projected 50% increase in gross revenue for 2021 compared to 2020, attributed to its subsidiary, Ultimate Logistics, LLC. The company is set to finalize audited financial statements for 2019 and 2020 by the end of September 2021, aiming to attract potential investors. UHC has recently expanded its facilities in Boise, ID, and acquired 40 acres in International Falls, MN, for future development. UHC is optimistic about its growth trajectory and cites strong demand in the trucking industry.
Ultimate Holdings Corporation (NXTN) has announced that its subsidiary, Ultimate Logistics, LLC, achieved over $14 million in gross revenue during the first half of 2021. The company has engaged Boyle CPA, LLC to audit its financial statements for 2019 and 2020. This initiative aims to attract investors and potentially lower equipment financing costs. UHC is set to expand its operations with a new leased property in Boise, ID, featuring multiple facilities for maintenance and repair of its fleet, alongside new equipment deliveries including six refrigerated trailers and thirteen Kenworth semi-tractors.
Ultimate Holdings Corporation (NXTN) reported over $2 million in gross revenue for January 2021, contributing to a total of more than $12 million in revenue since its acquisitions in August 2020. The company added three new semi-tractors and increased its independent owner-operator partnerships from 75 to 90, with a waiting list for drivers. UHC filed its first full quarter of financial information with OTC Markets, emphasizing its operational success and commitment to its team and carriers.
Ultimate Holdings Corporation (Next10, Inc., USOTC PINK: NXTN) reported a significant expansion in its fleet during September 2020, adding two new semi-tractors and ordering three refrigerated trailers for October. The company now operates 85 semi-tractors and will exceed 100 refrigerated trailers. Notably, its subsidiary, Ultimate Logistics, LLC, achieved record gross revenue of over $2 million, marking the highest monthly revenue since its inception in 2013. UHC aims to onboard 100+ drivers by the end of 2021.
Ultimate Holdings Corporation (NXTN) announced significant expansion in August 2020, adding three semi-tractors, five refrigerated trailers, and two dry van trailers to its fleet, totaling 83 semi-tractors and 95 refrigerated trailers. The company also welcomed four new drivers, aiming for over 100 by the end of 2021. Additionally, UHC's subsidiary, Ultimate Logistics, LLC, achieved its highest gross revenue month in August, reinforcing the company's positive growth trajectory.