Tiderock Companies Inc Stock Price, News & Analysis

Tiderock Companies, Inc. (OTC PINK: TDRK) announced a remarkable 177% increase in revenues for January 2022, reaching $50,000, up from $18,000 in December 2021. This surge is attributed to the commencement of invoicing for its advisory services, which aim to enhance the value of clients' real estate holdings. The company forecasts further significant revenue growth as more projects from its current pipeline transition into active status throughout 2022.

Tiderock Companies, Inc. (OTC PINK:TDRK) announced a 4-for-1 forward stock split, effective for shareholders of record as of February 28, 2022. The stock split aims to enhance the capital structure's attractiveness, enabling broader investment interest.

Despite the increase in share count, the total market value remains unchanged. The company is finalizing its filing with FINRA, required 10 days prior to the record date. Tiderock specializes in real estate investment and development, managing projects valued over $600 million.

Tiderock Companies (OTC PINK:TDRK) has filed its annual report for the fiscal year ending December 31, 2021, highlighting substantial growth. Assets surged to $395,738 from $0, while revenues reached $18,000, also up from $0. The company acquired 10% equity in a 1.46-acre parcel, Cabin Branch, and 5% in a planned 17,235 sq ft commercial project, Waldorf B-4. With over $600 million in real estate projects planned, Tiderock anticipates $45 million in revenue potential over 24 months. CEO Thomas Fore expects significant revenue growth in 2022 as projects commence.

Tiderock Companies, Inc. (OTC PINK:TDRK) announced that the SEC has qualified its Regulation A Offering Statement, allowing the company to raise up to $20 million within a year. Tiderock is currently managing over $600 million in real estate projects, focusing on student housing and multi-family developments. CEO Thomas Fore highlighted a strong demand for their advisory services, projecting potential revenues of over $45 million in the next 24-30 months if all projects are completed. The capital raised will aid Tiderock in developing its own income-generating projects.

Tiderock Companies, Inc. (TDRK) has announced a strategic partnership with Courtland Plaza LLC to co-develop a 277-bed student housing facility in New Brunswick, NJ, for Rutgers University. Under a Letter of Intent, Tiderock's subsidiary, Sora Ventures, LLC, will invest multi-million dollars into the fully approved project, which has a development budget exceeding $30 million and is scheduled for occupancy in Summer 2023. The partnership aims to develop 800 units over the next three years.

Tiderock Companies, Inc. (TDRK) has signed a Letter of Intent with 5 Bridges Management to become the Developer for a 12-unit townhouse project in Hampton, Virginia, with an estimated budget of $3 million.

As Developer, Tiderock will earn 5% of the gross project costs and 10% of the net profits. The project is expected to commence in 60 days. CEO Thomas Fore expressed optimism about a long-term partnership with 5 Bridges, which is planning to expand its portfolio significantly in 2022.

Tiderock Companies, Inc. (TDRK) has successfully completed Phase 1 of due diligence for a senior living facility project in Holbrook, MA, in partnership with Port One Companies. The project, estimated at $190 million, will feature 410 residential units on a 48-acre site. Tiderock will receive 25% of the development fee and 10% of profits as a co-developer. The next steps involve physical site due diligence and project planning, leading to finalized agreements. This strategic co-development reflects Tiderock's focus on high-value projects.

Tiderock Companies, Inc. (OTC PINK:TDRK) is hosting a shareholder call on October 5, 2021, at 10 AM PST. This call will provide updates on current projects, including Cabin Branch, Waldorf B-4, and the Boston Senior Living Facility. CEO Thomas Fore will discuss the company’s revenue streams from advisory services and its own projects. Shareholders can submit questions via email, and live questions will be addressed if time allows. Tiderock focuses on high-value real estate development through its subsidiary Sora Ventures.

Tiderock Companies, Inc. (OTC: TDRK) announced a shareholder call on October 5, 2021, at 10 AM PDT, via Zoom. CEO Tom Fore will discuss the company’s current projects, revenue streams from advisory services and development projects, and future project targets. Shareholders are encouraged to submit questions in advance. Tiderock focuses on high-value 'develop to own' projects through its subsidiary, Sora Ventures, and provides real estate advisory services through Tiderock Development.