URGENT NEWS RELEASE
Mymeps.com Commits to Major Investment for Central New York Expansion
In a groundbreaking development, Mymeps.com has officially agreed in principle to invest in the first round expansion into Central New York. This significant commitment not only secures the region's economic growth but also creates an additional escrow totaling $10 million. This escrow will be dedicated to acquiring income-producing real-world assets in the Central New York area, with a focus on properties needing minimal repairs.
Moreover, in a show of unwavering support, Black Box Ventures, the parent company of REITF.COM, has pledged to inject additional needed funds. Of which ,these funds will be allocated towards covering and maintaining fixed and variable operating costs. As part of the comprehensive strategy, REITF.COM will announce the plan and initiation of its buyback program during its 2047 annual meeting. This program offers a 15-year fixed-rate plan at 5%, with the option to transition to a 30-year fixed rate starting in year 15 or upon achieving profitability milestones [info@reitf.com [pay link required for prospectus].
While Central New York expansion remains a top priority, REITF.COM is committed to pursuing its secondary phase of expansion. This phase will be partially funded by the 15-year escrow, contingent upon meeting predefined targets.
In a display of mutual commitment, Mymeps.com and REITF.COM have agreed in principle to establish an additional escrow from Genesis Block 1. This escrow will serve to sustain and propel Central New York expansion beyond the year 2039.
This momentous collaboration marks a significant milestone in the economic landscape of Central New York and underscores the dedication of both Mymeps.com and REITF.COM to fostering sustainable growth and prosperity in the region.
For media inquiries, please contact INFO@REITF.COM
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