URHG Shareholder Update.
Press Release | 10/25/2022
United Resource Holdings Group, Inc. (OTC Pink URHG) announced today (10/025/2022) URHG has set December 6, 2022, for the Annual Meeting in Dallas, Texas, Time and location information will be in your proxy material.
We expect the Tyra CPA’s to be finished with their review within the next three weeks.
URHG is actively pursuing investment in companies in the aviation industry, including Maintenance Repair and Overhaul facilities, Fixed Base Operations, and Supplemental Type Certificates. In conjunction with Fixed Based Operation as a service expansion we are reviewing opportunities to acquire 500 barrels per day of non-operated oil production and 5,000 MCF of natural gas per day.
URHG will be able to offset its carbon footprint with additional carbon captured in growing corn and cotton using the Santa Fe Resource’s Gorton’s Humic and Fulvic Acid product previously announced.
URHG is also reviewing four real estate transactions, one related to the Aviation, a commercial building, a home renovation company and a student housing portfolio.
Silver Stag, the purchaser of a parcel of real estate from URHG in 2019 is now current in their interest payments to URHG and is negotiating new terms for the Note we carry.
We expect the opportunities before us will require URHG to raise additional capital in 2023.