Great Plains Holdings focuses on attaining multiple revenue streams through acquisitions of profitable, privately-held companies and continually increasing its hard assets. The company operates through two subsidiaries: Ashland Holdings, LLC, a business unit focused on the real estate sector, and LiL Marc, Inc., manufacturer of the LiL Marc training urinal for young boys.
In the real estate sector, Ashland Holdings focuses on acquisition of income producing properties in the southern, southeastern, and midwest United States. Properties of interest include self storage facilities, apartment buildings, triple net properties, and manufactured home communities for seniors aged 55 years and older. Current portfolio holdings include a 1,400-square foot corporate office building, an 800-square foot warehouse, and two adjacent parcels of land. One of the parcels has a manufactured home that is rented out for additional income.
In a recent QualityStocks interview, Great Plains Holdings unveiled plans to construct a self-storage facility in 2014 for an additional strong, recurring source of revenue. Earlier this year, the company made a foray into the oil and gas market by entering into a private placement investment with Tex Star Energy Corp. on a 150-acre oil lease in Guadalupe County, Texas. Approximately 3 million barrels of oil are estimated to be available for extraction, with fourteen wells actively producing on the property at present. The extractable oil resources are valued at over $300 million, of which Ashland Holdings will receive net interest.
LiL Marc, Inc. is a primary focus of Great Plains Holdings. In 2014, Great Plains Holdings has stepped up the subsidiary’s operations, as it has beefed up sales and marketing efforts for the LiL Marc training urinal while exploring new opportunities for unit sales in the retail space. In its most recent headline, Great Plains Holdings announced renovation to its corporate headquarters had been completed. By renting out at least three office spaces in its 1,400-square foot office building, the company will generate additional gross revenue that it will allocate toward LiL Marc’s annual warehouse leasing cost.
When seeking out candidates for new asset holdings, Great Plains Holdings clings steadfastly to a no-debt philosophy. It seeks to purchase its acquisition targets with either cash or common stock offers, which enables it to keep debt to a minimum and maintain a strong cash position. In this capacity, Great Plains Holdings seeks out private companies owned by retiring baby boomers, who are looking for a sell their business but may not have any viable buyer offers, or offers that are more top-dollar.
As the year continues out, Great Plains Holdings plans to continue aggressively expanding as it has done in the first six months of 2014. With its commitment to responsible financials management, careful subsidiary acquisitions, and ongoing organic growth in current business activities, Great Plains Holdings looks to continue its performance of steady growth and debt-free operations.
For more information visit www.gtph.com
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