Genesis Holdings, Inc. (OTCID: GNIS) released a letter from CEO Oscar Brito to shareholders on July 13, 2026, detailing the company's turnaround after six months under new management. Brito highlighted the restructuring of legacy convertible debt, which had been diluting shareholder value through toxic conversion discounts and variable pricing. Through negotiations with noteholders, substantially all agreed to exchange two-thirds of outstanding balances into newly designated Series D Preferred Stock, eliminating conversion discounts and reducing the cost of capital. As a result, the pro forma balance sheet as of June 30, 2026, reflects positive stockholders' equity of approximately $901,550, a swing of about $3.0 million from a deficit at the end of 2025. Brito cautioned that the figures are unaudited and could change, but stated the direction is exactly what the team aimed for.
With the balance sheet fixed, Brito turned to growth initiatives, primarily the partnership with Aurami Capital and Miami Real Investment (MRI) unveiled in April through the Travaleo platform. He expects two funds to be in the market by the end of August. The first is a direct offering with Aurami Capital targeting approximately $30 million, focused on branded luxury real estate, supported by roadshows across Latin America starting in Mexico. The second is in advanced discussions with a Mexico-based wealth management firm managing about $5 billion in assets, though no definitive agreement is assured. Brito expressed confidence that the platform is positioned to become a leading vehicle for structured access to branded luxury real estate, a segment historically limited to large institutional players.
Brito also outlined plans to relaunch MetroCrowd, a platform for traditional real estate segments like single-family homes, multifamily properties, and commercial debt. This relaunch will be pursued alongside an acquisition strategy targeting profitable, mid-sized property management firms to serve as operating partners, similar to Aurami Capital's role for branded luxury. No definitive agreements have been signed, and there is no assurance any transaction will be completed. Brito framed these initiatives as steps toward a goal of a national securities exchange listing, which would enable more cost-effective capital and growth on better terms for shareholders.
The letter emphasized that while much work remains, the foundation is now in place for growth. Brito thanked shareholders for their trust and support. The company's press release also included forward-looking statements cautioning that actual results could differ materially due to risks such as general economic conditions, competition, and the failure to complete proposed transactions. More information is available at the company's website: https://www.regen.digital/.
