Strategic Global Investments Inc (PK:STBV)
Business Focus: Personal Services
| Sector: Consumer Non-Cyclicals | Industry: Personal Services |
| Company Contact | |
| Address: | 701 Palomar Airport Road Suite 300 CARLSBAD CA 92011 |
| Tel: | N/A |
| Website: | strategicglobalinvestments.net |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Strategic Global Investments, Inc. is a development-stage company. The Company is engaged in building up to 19 small villas in Punta Perfecto Beach, Mexico, and selling timeshare units in these villas. The Company focuses to purchase additional land in the Punta Perfecta Beach or East Cape area of Mexico on which it intends to build additional small villas and sell them as timeshare units. The Company focuses on marketing its timeshare units to people vacationing in the Punta Perfecta Beach or East Cape area of Mexico and to people living in the west coast area of the United States and Canada. The Company owns resort property in Los Cabos, Baja. The Company's Punta Perfecta is a 10 acre development of approximately 35 fractional ownership homes on the East Cape of Los Cabos. The Company, through its subsidiary, Punta Perfecta S.A. de C.V., is engaged in real estate development. |
| Financial Overview |
| For the fiscal year ended 31 December 2016, Strategic Global Investments Inc revenues was not reported. Net loss increased 57% to $1.8M. Higher net loss reflects Impairment of Assets increase from $0K to $1M (expense), Discontinued Operations increase from $0K to $416K (expense), Interest Income decrease from $12K (income) to $0K. Basic Earnings per Share excluding Extraordinary Items decreased from -$0.03 to -$0.14. |
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