SOURCE: Great Plains Holdings, Inc.

Great Plains Holdings, Inc.

September 22, 2014 10:45 ET

Great Plains Holdings, Inc., Ashland Holdings LLC Subsidiary, Make Key Real Estate Acquisition in South Carolina

THE VILLAGES, FL--(Marketwired - Sep 22, 2014) - Great Plains Holdings, Inc. (OTCQB: GTPH) is pleased to announce that its Ashland Holdings LLC subsidiary has added another property to its growing portfolio of income producing properties. This property represents Ashland Holdings' commitment to expanding into the southeastern United States by adding a property in Hanahan, South Carolina, a suburb of Charleston.

The Charleston, South Carolina economy is extremely strong (tourism alone is the highest in the U.S., with over 4 million visitors annually), and the affordable housing shortage is vast. The median home price is $212,400 and the average two-bedroom apartment rents for approximately $1,000 per month. The acquisition price was $82,500.00 which gives Great Plains Holdings a great base price to add another source of revenue.

"We are laser focused on expanding our Real Estate portfolio through our Ashland Holdings subsidiary and expect continued growth going forward," said Great Plains' President Denis 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.

LiL Marc, Inc. was founded in 1999. The subsidiary engages in the manufacturing and marketing of training urinals for boys in the United States. The LiL Marc potty training urinal looks like the full sized urinals found in public restrooms, but is manufactured on a smaller scale in proportion to the smaller size of toddlers in training.

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This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Contact Information

  • Contact:

    Kent Campbell
    Chief Executive Officer