Welcome to our dedicated page for Tiderock Companies news (Ticker: TDRK), a resource for investors and traders seeking the latest updates and insights on Tiderock Companies stock.
Tiderock Companies Inc. (OTC Pink: TDRK) provides investors and industry observers with comprehensive news coverage spanning its dual focus on real estate development and advanced composites manufacturing. This centralized resource aggregates official press releases and market-relevant articles detailing strategic acquisitions, financial developments, and operational milestones.
Users gain access to critical updates across Tiderock's core activities including land development projects, public-private partnerships, and innovations in polymer composite manufacturing serving aerospace and automotive sectors. The curated news collection enables informed analysis of the company's market positioning through verified reporting on earnings announcements, leadership decisions, and industry collaborations.
Bookmark this page for streamlined tracking of Tiderock's evolving portfolio across real estate and manufacturing sectors. Regular updates ensure stakeholders maintain current knowledge of operational expansions, quality management initiatives, and strategic investments that define the company's diversified business model.
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.
Tiderock Companies, Inc. (OTC PINK:TDRK) has partnered with VisionStream LLC to co-develop a $120 million multi-family project in Jersey City, New Jersey. The project will consist of a 14-story building with 379 residential units and approximately 10,000 square feet of retail space. The agreement is structured in two phases, with Phase 1 focusing on project oversight and budget finalization, expected to last around five months. Following site and financing approval, the project will enter the construction phase. This marks a significant move for Tiderock in real estate development.
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