United Group Fund, Inc. was incorporated in the State of Delaware in June 2015. We have no plans to change our business activities or to combine with another business, and we are not aware of any events or circumstances that might cause our plans to change. Neither management of the Company, nor the majority shareholder of the Company, has any plans or arrangements to enter into a change of control, business combination or similar transaction or to change management. Over the next twelve months, the Company intends to focus on acquiring potentially income-producing commercial real estate, such as hotels, office, retail and multi-family residential properties. The Company may hold some properties to realize cash flow, while others will be sold quickly for a profit. Our sole officer and director will meet with property owners, brokers, lawyers, accountants, consultants and advisors in the real estate industry to locate properties which meet the Company's profile. Mr. Medawar may engage other consultants to conduct initial due diligence with respect to properties which may be of interest to the Company. Our CEO, Mr. Medawar, intends to reach out to his current network and search for appropriate properties. Mr. Medawar has a network that includes real estate brokers, commercial real estate owners, management companies, real estate operators, title companies, and escrow companies. Mr. Medawar believes that by utilizing his current network, he will be able to identify appropriate properties.
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We changed our name to Sports Venues of Florida, Inc. on April 21, 2014 and starte...
We changed our name to Sports Venues of Florida...
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