REAC Group, Inc. shares are publicly quoted and listed on the OTC public exchange. Our symbol is REAC. We are a fully audited SEC reporting public company and all of our filings regarding our current financial statements such as 10Q’s, 10K’s, 8K’s, etc. can be viewed on the SEC.gov website.
REAC Group, Inc. (REAC) engages in the ownership and operation of a real estate portal/directory website: (www.realestatecontacts.com).
March 19, 2019
|REAC Group, Inc. ("The Company") a Florida Corporation is a publicly traded company with the symbols: "REAC" The authorized capital stock of the Corporation consists of 200,000,000 shares, with 15,055,341, common shares outstanding.
On February 1, 2019, the Financial Industry Regulatory Authority (“FINRA”) notified the Company that FINRA had received the necessary documentation to process the Reverse Stock Split pursuant to FINRA Rule 6490 and that the Reverse Stock Split would take effect at the opening of trading on March 1, 2019.
The Company’s shares will continue to trade on The OTC Markets marketplace under the symbol “REAC” with the letter “D” added to the end of the trading symbol for a period of 20 trading days to indicate that the Reverse Stock Split has occurred.
The Company will concentrate and focus in 2019 to acquire income producing multi-family and residential income producing properties located in the United States, primarily in Florida.
The company will focus on income-producing real estate backed debt and equity investments.
The company is currently in the process of locating funding to finance these multifamily established revenue properties.
The company also intends to add to their business model and to bring additional value to its shareholders with the possibilities to Acquire, Joint Venture or Partner with other real estate related businesses.
We will continue to introduce our operational progress and other corporate actions that will include our business plan, business model and plan of growth.
Robert DeAngelis is the Founder, President and Executive Officer of REAC Group, Inc. and has been since the company’s inception. Mr. DeAngelis brings to the company over 20 years of successful business development and management experience along with a strong diverse background of sales, financial and real estate experience. Mr. DeAngelis is responsible for running the overall day to day operations of the company, the overall vision, direction as well as the sales and marketing for the company.