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Starts off the year with a series of new investment initiatives valued at over 120,000,000
NEW YORK, April 25, 2019 (GLOBE NEWSWIRE) -- Exxe Group, Inc (AXXA), a diversified company focused on synergistic acquisitions in real estate, fintech, AI, media and financial services announces the launch of the pipeline of initiatives in the area of Responsible Real Estate and Infrastructure Construction. To meet its commitment to building environmentally friendly communities, the Exxe Group is pleased to announce three major investment initiatives beginning second quarter of 2019. Exxe’s diversified group of companies already demonstrated with its proven strategy to acquire undervalued assets and set the stage to introduce the first of three responsible Green projects in the area of Green Energy, Real Estate and Infrastructure.
Background and Climate Change Initiative.
Under our aggressive expansion plan in 2018 and 2019, Exxe built a solid foundation in areas of real estate, technology and media, successfully establishing its hubs around the globe with focus on North America, Europe and Asia. Exxe’s financials grew exponentially with strong assets and diversified revenue streams which we intend to report shortly, ahead of the schedule. Exxe’s recent expansion into physical and digital communities was the final ground step to have us well positioned to take a leadership initiative to roll out new initiatives across multiple sectors to significantly contribute to reduction of effect of Global Climate Change. We have determined that this new direction should significantly increase the value for our investors.
Today we announce series of acquisitions that will enhance our Global Sustainability implementation efforts in order to stop and reverse climate change.
Shoreline Redevelopment International Initiative(SRII).
SRII is a well-established group in the Northeast US with extensive experience in Architectural Design, Landscape Architecture, Environmental Planning Town Country and Coastal Planning.
Among other technologically advanced capabilities, the group is licensed to use a high-tech dredging machine (WDM), which is able to scoop enormous amounts of dredging for land and shoreline conservation while being placed both in or out of water. WDM is a game changer in coastal rehabilitation due to its ability to substantially reduce operating time and labor costs as well as its ability to travel large distances by land or water and deliver a cost-effective solution to land rehabilitation projects, making it a much sought after and cost-effective solution to land rehabilitation projects. The WDM is a welcome addition to the Exxe Group pursuit of disruptive solutions.
Rhode Island, Hospitality, Condominium and Marina Complex:
Designed to be developed on 38 acres of prime location on Rhode Island waterfront the project will include a Nationally Flagged Hotel, Vacation Homes, Condominiums and a newly dragged Marina. This environmentally friendly community complex will be powered by solar panels and wind turbines to generate most of the power load needed for the development. The community will be developed at Platinum LEED certification standards so that it can take advantage of the Federal, State and local tax advantages. Net zero water and electricity will be the least characteristics of the community, solid and liquid waste gasification system, water recycling and energy savings systems will also be implemented to attain minimum carbon footprint on the development. Wetlands and Marina will be preserved, hardscape will be minimal and landscape maximal including the creation of additional birds and animals’ sanctuaries. The Exxe group and Shoreline Redevelopment International Initiative will design and develop this complex, it is scheduled to be fully completed and operational in 2021.
Mac One Energy holding(Mac1) for energy efficient solutions and installations:
Headquartered in New York, Mac1 is an invaluable wholesaler of sustainable LED lighting solutions. The Company provides municipalities, commercial and residential properties, retailers, corporations and government institutions lighting solutions at no cost to them. Through Mac1’s wide selection of lighting technology, clients are able to demonstrate a tangible commitment to environmental stewardship and social responsibility. The Company was founded on the idea that investing in renewable energy can be as beneficial to the bottom line as it is to the environment. Businesses can save up to 70 percent on electric bills by Retrofitting old light fixtures with new, energy-efficient parts and bulbs. Versatile and energy efficient, LED lighting is a long-lasting, nontoxic, and an ideal lighting solution for almost every public or commercial property. Mac1’s wide range of lighting products features the following advantages: Incomparable reliability, Peerless quality – assembled in USA, Significantly reduced maintenance costs, Exceptional performance & longer life, Lower energy consumption by as much as 80%.
In order to implement the projects Exxe Group plans to expand its Board of Directors. We welcome new members as well as the once who will transition from previous roles to new far outreaching role. The acquisitions are done through notes and private capital investments that works closely with Exxe Group. There are billions of dollars of shorelines communities that need the redevelopment. As a group we possess significant expertise and uniquely positions to take strong grounds in this new disruptive area of the future. Over the next months we will be sharing more detailed descriptions on the projects. Exxe actively seeks out visionary long term opportunities to maximize shareholder value. Exxe has consistently delivered strong results and new initiative should add just that. The total valuation for the initiatives is expected to be higher than USD 120,000,000
Exxe CEO, Edward Nazmiev, commented on Exxe’s commitment to environmental initiative “Exxe’s pivot in the direction of sustainability opens completely new and environmentally friendly possibilities for the diversification of our income stream. It should significantly increase our revenues in 2019.”
About Exxe Group: Exxe Group is a diversified corporation focusing on acquisitions in the following sectors: real estate, technology, media, and financial services. Exxe Group is an acquisition-driven company. The company strategy is to acquire controlling equity interests in undervalued companies and then take an active role in improving their performance - accelerating their growth by providing both access to capital and management expertise. For additional information go to www.exxegroup.com
CONTACT: Exxe Group IR email@example.com
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