Protocall Technologies Inc. (PCLI) has successfully acquired JR Development LLC, a 100% ownership, enhancing its real estate portfolio. JR Development holds a 27.38% stake in North Allen Avenue LLC, which is involved in developing 35 residential lots in the Rivers Edge 2 subdivision in Fruitland, Idaho. This move is part of PCLI's recapitalization strategy, with CEO Paul Knudson emphasizing the company's aim to become a vertically integrated real estate firm and capitalize on land value appreciation.
Protocall Technologies Inc (PCLI) has attained the OTC Pink Current Information status, marking a significant milestone in its efforts to revitalize as a publicly traded entity. CEO Paul Knudson expressed enthusiasm about this achievement, noting it safeguards shareholder investments. The company is also establishing a Real Estate Division to capitalize on Idaho's booming housing market, with plans for future acquisitions. PCLI aims to provide regular updates as its growth strategy unfolds.