CHEYENNE, WY - January 15, 2025 (NEWMEDIAWIRE) - Paragon Square Inc. (the Company) announces acquisition of a multimillion dollar real estate portfolio and the launch of the Regulation CF offering filed with the SEC.
Paragon Square Inc. have developed a marketplace that tailors to Goods, Services, and Rentals. Management’s aim is to bring the fees to small business owners down to 0%.
Recently in May- June 2024 Paragon Square Inc. had done a soft launch for sign ups on our Goods/Services segment and achieved over 28,000 sign ups during a 6-week marketing stint on Facebook. Currently the company has roughly 8,500 social media followers across three platforms, and the company is launching the Rentals segment V1.01 by March 31, 2025.
CEO Alexander M. Woods-Leo says, “Management is extremely enthusiastic about our platform and its impending launch for small businesses globally. Businesses will finally be able to cut down costs just for posting or acquiring new clients at a much lower rate and won’t have to wait as long to get paid.”
Real Estate Acquisition
Paragon Square Inc. also recently acquired Paris Realty Inc. with an existing revenue generating real estate portfolio valued at over $1,800,000. Paris Realty Inc. has 6 doors, with 4 doors making revenue of about $100,000 a year. Paris Realty Inc. recently invested in a quadplex in Philadelphia and are 40% owners in that. Paris Realty Inc. owns 40% stake in the land and the project which is expected to be completed in 9-10 months along with 40% revenue share. The expected revenue per door is about $1650 per door with 4 doors. Paris Realty Inc. currently also entered a short sale agreement for a property that needed completion valued at around $300,000 post completion and we will be closing for $190,000. The average leverage the company has across the board is around 50-60%.
CEO Mr. Woods-Leo goes on to comment, “With Paragon Square Inc.'s Goods/ Services segment of www.paragonsquare.ai in soft launch mode and the impending full launch taking place this Quarter 1 of 2025, we are setting the stage for replacing the existing old insane fee business models of the main platforms pertaining to rentals.” Mr. Woods-Leo states further, “Paragon Square Inc.'s platform will do away with insane fees for hosts and launch Paragon Rentals soon in late Q1 or early Q2 2025, shortly after the Goods and Services segment is released. The platform will offer $100 a year subscriptions to hosts looking to rent their properties to vacation renters instead of the platform taking absurd fees. Management’s aim is to be practical.”
Regulation CF Offering
Recently Paragon Square Inc. has launched a Regulation CF offering on Net Capital. Interested parties have an opportunity to learn more about Paragon Square Inc. and take part in the venture. The link to the CF portal is https://netcapital.com/companies/paragonsquare.
Paragon Square Inc. new corporate structure is the following:
- Paragon Square Inc. (Parent Company)
- Paris Realty Inc. (90% Owned Subsidiary by Vote)
- Paris Properties LLC (Wholly Owned Subsidiary to Paris Realty Inc.)
- Paris Portfolio 2 LLC (Wholly Owned Subsidiary to Paris Realty Inc.)
Forward Looking Statements
By April 1, 2025 management plans to file its 2024 Annual Report and will provide consolidated financials. Furthermore, the company plans on increasing its real estate holdings throughout 2025 as it expands its platform.
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
Press Contact:
alexleo@paragonsquare.ai
+1 307-209-4403
Twitter: https://x.com/RealParagonOne
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