Genesis Holdings, Inc. (OTCID: GNIS) CEO Oscar Brito released a letter to shareholders on July 13, 2026, detailing the company's turnaround efforts and outlining a growth phase centered on real estate investment platforms. The letter emphasized the completion of a balance sheet restructuring that converted substantially all legacy convertible debt into Series D Preferred Stock, eliminating dilutive conversion discounts and improving financial stability.
According to the letter, the restructuring resulted in a pro forma positive stockholders' equity of approximately $901,550 as of June 30, 2026, compared to a deficit at the end of 2025. This approximately $3.0 million improvement was achieved by capitalizing legacy debt rather than through external financing. Brito noted that the pro forma figures are unaudited and final reported results may differ.
With the balance sheet stabilized, Genesis is focusing on growth through its Travaleo platform and partnerships. The company expects to launch two funds before the end of August 2026. The first is a direct offering with Aurami Capital, targeting approximately $30 million for branded luxury real estate, supported by roadshows across Latin America. The second potential fund involves advanced discussions with a Mexico-based wealth management firm managing about $5 billion in assets, though no definitive agreement is in place.
Brito also outlined plans to relaunch MetroCrowd, a platform for traditional real estate segments such as single-family homes and multifamily properties. This relaunch will be pursued alongside an acquisition strategy targeting profitable mid-sized property management firms to provide operational expertise. No definitive agreements have been signed for these acquisitions.
The CEO highlighted that these initiatives are steps toward achieving a national securities exchange listing, which would provide access to more cost-effective capital. Brito concluded that while significant work remains, the company now has a solid foundation for growth.
