Great Plains Holdings operates through two wholly owned subsidiaries: Ashland Holdings, LLC, focused on the real estate sector; and LiL Marc, Inc., maker of the "LiL Marc" training urinal for toddler boys. This diversification model enables Great Plains to achieve multiple revenue streams and consistently increase hard assets.
Espinoza starts the QualityStocks interview by detailing Great Plains' debt-free business model, which centers on its diverse set of subsidiaries and strong cash position.
"We are not taking any compensation. We are debt free. We're sitting on $1.4 million in cash, which is unheard of for a small company of our size -- a developmental company. We're very excited for the future," says Espinoza.
Describing the operations of real estate subsidiary Ashland, Espinoza highlights the fact that company executives have a strong position in the company and how it affects acquisition potential.
"We are very fortunate that we were able to -- our executives were able -- to buy stock in the company and inject some money in; bring some new life into it... By us being able to inject money in the company we were able to acquire real estate in a debt-free manner. That allows us to be aggressive when we're looking for properties... we walk in the door and it's amazing what you can do with cash nowadays," he says.
Espinoza also explains the company's niche product, the LiL Marc toddler training urinal, before briefing on his own professional background, how Great Plains was founded, as well as the business successes of company Chief Executive Officer Kent Campbell.
Espinoza and Campbell joined Great Plains in September 2013, and within the last six months have achieved several significant milestones that position the company for a strong outlook for 2014.
"We came in, we injected some capital into the business and we came in with a lot of new energy... Not only did we change the name, we also have increased the number of shareholders that have come on board, we have increased real estate assets, we have increased the LiL' Marc sales and have been aggressively marketing that and most recently, which we are very proud of, we just joined in a joint partnership with TexStar Energy for a land lease which they claim has 3 million barrels of estimated oil reserves on that lease. Very, very exciting news for us," said Espinoza.
Leveraging these achievements, Great Plains has set several goals for 2014, including the construction of a self-storage unit that will increase the company's hard assets and cash flow. Great Plains will present at the Las Vegas Money Show May 13-14, 2014.
"To me this is the most exciting part of being a part of this great company -- is to look investors in the eye and show them that I truly believe in this company and we have a strong management team they can believe in," said Espinoza.
About Great Plains Holdings, Inc.
Great Plains Holdings operates through two wholly owned subsidiaries: Ashland Holdings, LLC, focused on the real estate sector; and LiL Marc, Inc., maker of the "LiL Marc" training urinal for toddler boys. This diversification model enables Great Plains to achieve multiple revenue streams and consistently increase hard assets.
Ashland Holdings, LLC is engaged in the acquisition and operation of commercial real estate, including, but not limited to, self-storage facilities, apartment buildings, manufactured housing communities for senior citizens, and other income-producing properties. The subsidiary's current portfolio includes a 1,400-square-foot corporate office building; an 800-square-foot warehouse for LiL Marc operations; and two adjacent parcels of land, one of which includes a manufactured home that is rented out for additional income. Ashland Holdings and LiL Marc plan to occupy one or more of the five office spaces located in the corporate office building to accommodate expected expansion. The remaining vacant offices may be leased to tenants to create a source of revenue.
LiL Marc, Inc. is Great Plains' principal business activity. Founded in 1999, the subsidiary engages in the manufacturing and marketing of training urinals for boys in the United States. The LiL Marc boys potty training urinal looks like the full-sized urinals found in public restrooms, but are manufactured on a smaller scale in proportion to the smaller size of toddlers in training. In conjunction with the roll-out of an aggressive marketing campaign for the LiL Marc product, Great Plains' management team is building a client list of retailers with brick and mortar stores and other consumer outlets to participate in the broader retail market. With advertising strategies in place, management envisions growth and widespread distribution of the LiL Marc training urinal.
Great Plains also intends to purchase privately-owned profitable businesses owned by baby boomers looking to retire. As the company continues to execute its expansion strategy and add additional subsidiaries, all potential purchases will be reviewed by management to ensure they meet very stringent requirements.
For more information on Great Plains Holding, Inc. visit: http://GTPH.QualityStocks.net
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Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
