Mid August, equity tieraimed at disrupting the Investor Relations division came to gasoline ga With news that it was rented from a manufacturer of modular structures SG Blocks Inc SGBX to tell its story to millions of retail, institutional and accredited investors.
On Thursday, SG Blocks released updates for its real estate development-focused subsidiary, SGB Development Corporation (SGB DevCo), as well as the expansion of manufacturing facilities that Equity Animal shared with Benzinga.
SG Blocks posted strong “real estate development performance” and expressed excitement about its future growth as it capitalizes on a “record order backlog of approximately $765 million with more than 4,000 units to be built.”
The Chairman and CEO of the company Paul Galvinsaid in an exclusive comment to Benzinga that he is very much looking forward to continuing to showcase SG Blocks’ activities and DevCo’s growth to the markets.
“Our company has changed and grown significantly during COVID,” he explained.
“Today’s update on our 100% DevCo only further underscores our improved financial position and the strategic decisions we have made at all levels of the business.”
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