Atlantis Gaming Corp. Celebrates First Profits: A Game-Changing Milestone

DETROIT, MI / ACCESSWIRE / September 13, 2024 — Atlantis Gaming Corporation (OTC PINK: ATIG) has achieved its first-ever profit, marking a significant milestone. Following the acquisition of Lahser 6 Apartments in Detroit, AGC posted a profit of $10,616 within 90 days of operation. This move reflects the company's strategic focus on assets with long-term value.

AGC’s bold acquisition strategy, which includes a strategic equity swap of 75M shares for full equity in Lahser 6 Apartments, contributed to this success. Herb Strather, a partner in the acquisition, noted, "We took a calculated risk, and we're seeing the rewards.”

As part of its growth plans, AGC aims to acquire 1 to 2 additional assets by year's end, further solidifying its presence in Detroit's real estate market. With Lahser 6 Apartments leased at 100%, AGC has also listed its 22009 W. McNichols property for $400,000 to boost liquidity.

Interim CEO Linda I. Bailey affirmed, "Our strategic acquisitions and management practices are driving real value for AGC. We expect a compounding effect on our equity base.” Beyond profitability, AGC is committed to reinvesting in urban communities and fostering young entrepreneurs.

Looking forward, AGC's leadership is optimistic about growth prospects. The company anticipates its real estate transactions will significantly increase share value. AGC is also exploring new opportunities in gaming-related real estate ventures and educational centers focused on entrepreneurship.