SGD enters JVs with Milk & Honey to develop 180 single-family lots in Texas

RenX Enterprises Corp.

SGD to provide construction financing; initial $10k capital per JV; 60% ownership in each JV.
Milk & Honey contributes 12 acres (Phase III, 77 lots) and 9 acres (Phase IV, 103 lots) valued at $377k and $2.233M mortgage.
Milk & Honey receives $39k per lot (Phase III) and $34k per lot (Phase IV) before 50/50 profit split.
SGD to satisfy $2.233M mortgage on Phase III land upon completion.
Joint ventures to develop single-family homes; SGD is manager.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.