iPure Labs, Inc. Goes in Depth on Subsidiary Sora Ventures
14 May 2021 - 2:00AM
InvestorsHub NewsWire
iPure Labs, Inc. Goes
in Depth
on Subsidiary Sora Ventures
Baltimore, MD -- May
13, 2021 -- InvestorsHub
NewsWire -- iPure Labs, Inc. (OTC
Pink:
IPLB) a diversified holding
company, announced today its strategy
behind one of its core business entities, Sora Ventures.
CEO Thomas Fore stated,
"There will be a learning curve for our shareholders as we
communicate our overall strategy and I wanted to
begin the on-going conversation today with a discussion about Sora
Ventures."
"Sora Ventures
is focused on "develop to own" projects.
For example, the Sora team was instrumental in the development of a
$350 million dollar Rowan
Boulevard
Project, located on 26 acres in Glassboro, New
Jersey. As
part of this award-winning public-private partnership, Sora
Holdings,
(led
by the Sora Ventures executive team) was the Master Developer that
engaged more than 90 privately owned parcels in 18 months by
negotiation and without utilizing eminent
domain.
Sora led the
planning, construction and development of the project where it also
completed the vertical development of more than $200 million
dollars in assets, including an 1126 bed student housing facility
for Rowan University, the Rowan University Honor's College, 40,000
square feet of retail and a Marriott Courtyard Hotel."
Mr. Fore went
on to say, "This is just one of many examples where the Sora team
has been instrumental in the development of multi-million dollar
projects. As we continue the narrative with our shareholders
over the coming weeks, we felt it important to illustrate the size
and scope of our operation both in the past and going
forward. Although we are currently listed as a "Pink Sheet"
company, our operations should by no means be considered in that
light. This is a starting point for us as we fully intend to
uplist at the
appropriate time."
Mr. Fore
finished up with, "Sora Ventures is a key component to our ongoing
success, however there are other revenue generating subsidiaries
operating under iPure Labs, Inc.
that will be covered in subsequent press releases. We want to
thank each of you for giving us this opportunity to share with you
just a little about our operations, our overall strategy and our
intentions moving forward. In the next release, we will focus
on yet another subsidiary,
TideRock
Development".
About iPure
Labs, Inc.: The company is
a Real Estate related operation focused on mutli-million
dollar "develop to own" projects through its subsidiary, Sora
Ventures. iPure
Labs, Inc.
(OTC
Pink: IPLB) is headquartered in Baltimore, MD., and can be
contacted at www.ipurelabs.com or by phone at
(800) 791-8433.
Notice
Regarding Forward-Looking Statements in
this press release which are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors.
These forward-looking statements are made as of the date of this
news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate.
For
more information:
iPure
Labs,
Inc.
Thomas
B. Fore, CEO
Email: info@ipurelabs.com
Phone:
(800) 791-8433
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