Suntex Enterprises (OTC: SNTX) announced the completion of several strategic initiatives over the past two weeks, including fulfilling commitments under its asset purchase agreement with Golden Triangle Ventures, engaging a PCAOB-registered accounting firm to begin the audit process, appointing independent director Lisa Surnow and advancing plans to qualify for the OTCQB(R) Venture Market, subject to meeting applicable listing and regulatory requirements. The company also reported continued progress on its 100-acre mixed-use South Texas development and expansion of its commercial construction business through subsidiary JA Development & Construction.
Suntex said its construction subsidiary has begun work on an approximately $4 million commercial project in Austin while pursuing an approximately $80 million mixed-use development opportunity in Texas. The company also noted that CEO Javier Leal has continued increasing his personal ownership through open-market purchases of Suntex common stock, underscoring management’s confidence as the company executes its long-term strategy across construction, infrastructure, manufacturing, land ownership and consumer products.
To view the full press release, visit https://ibn.fm/sCjE7
About Suntex Enterprises, Inc.
Suntex Enterprises, Inc. (OTC: SNTX) is a diversified holding company focused on acquiring, developing, and growing operating businesses across construction, infrastructure, real estate development, manufacturing, land ownership, and consumer products. Through disciplined execution and strategic investment, the Company seeks to build a scalable platform designed to generate long-term value for shareholders while serving essential industries.
For more information on the company, please visit: http://www.suntexenterprises.com/
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