Golden Gate Partners Inc GNGT

Golden Gate Partners Inc markets high-quality, distressed residential properties in exclusive US markets (currently in California and Florida) to international buyers (mainly from Asia) through exclusive selling agreements or consignment arrangements. The company markets properties to residents of five Asian cities: Hong Kong, Shanghai, Beijing, Guangzhou and Shenzhen, which have a total population of more than 75 million people. In the event that the company is successful in completing a capital raising transaction, it will also consider purchasing similar assets for resale to the same target market.