Baltimore, MD – January 4, 2022 – Tiderock Companies, Inc. (“we”, “our”, or the “Company”), (OTC: TDRK), a real estate developer and advisory services company, announced that the SEC has qualified its Offering Statement filed on Form 1-A pursuant to Regulation A. The Tier 1 Regulation A offering (“Reg A”) permits an issuer to raise up to $20 million within a 12-month period.
Over the past 12 months, the Tiderock management team has been focused on building a foundation for growth and prospecting a pipeline of real estate projects. The Company now has over $600 million in real estate development projects in our pipeline. These projects consist of student housing, market rate multi-family, commercial development and raw land to be entitled. Most of these projects are co-development deals where Tiderock manages the project through the entire process. Tiderock is raising capital through the Reg A to acquire and develop more of its own projects. This will allow the Company to build its portfolio on income generating projects and increase the value to our shareholders.
Tiderock CEO, Thomas Fore stated, “As the year progressed, inquiries for our services have skyrocketed. We attribute this interest to the increased awareness of our activities, my strong network, and our strategic partnership with Port One Companies. I am also pleased to announce the Company began to recognize advisory services revenue during the fourth quarter of 2021. As these projects come on-line, our development fees will be paid over-time. If every project on the pipeline today came to fruition, it would potentially generate over $45M in revenues to Tiderock over the next 24 to 30 months.”
About Tiderock Companies, Inc.: Tiderock Companies is a real estate investment, advisory services, and development company with over 20 years of experience. We specialize in deal structure and planning, entitlements, budgeting and project management. Tiderock Companies, Inc. (OTC Pink: TDRK) is headquartered in Baltimore, MD., and can be contacted at www.tiderockcompanies.com or by phone at (800) 791-8433.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
For more information:
Tiderock Companies, Inc.
Thomas B. Fore, CEO
Phone: (800) 791-8433