Genesis Holdings, Inc. (OTCID: GNIS) CEO Oscar Brito released a letter to shareholders on July 13, 2026, detailing the company's transformation over the past six months. The letter highlights the resolution of legacy convertible debt, which had been a significant drag on shareholder value due to toxic conversion discounts and variable pricing. Through negotiations with noteholders, the company converted two-thirds of outstanding balances into Series D Preferred Stock, eliminating dilutive mechanisms and improving the balance sheet.
Brito emphasized that the restructuring resulted in a pro forma positive stockholders' equity of approximately $901,550 as of June 30, 2026, a roughly $3.0 million improvement from the previous year's deficit. This was achieved without external financing, by capitalizing existing debt. While noting that the figures are unaudited and may change, Brito stated that the capital structure is now built for growth.
With the balance sheet stabilized, Genesis is focusing on growth initiatives. The partnership with Aurami Capital and Miami Real Investment (MRI) through the Travaleo platform is expected to launch two funds by the end of August. The first is a direct offering targeting $30 million for branded luxury real estate, supported by roadshows in Latin America. The second involves advanced discussions with a Mexico-based wealth management firm managing approximately $5 billion in assets, though no definitive agreement has been reached.
Additionally, Genesis plans to relaunch MetroCrowd, a platform for traditional real estate segments like single-family homes and multifamily properties. This relaunch will be paired with an acquisition strategy targeting profitable mid-sized property management firms to serve as operating partners, similar to Aurami Capital's role in luxury real estate. Brito cautioned that no definitive agreements have been signed for these acquisitions.
The CEO also outlined the company's path to a national securities exchange listing, citing the cleaner capital structure, successful fund launches, and growing operating businesses as key building blocks. Brito concluded that while significant work remains, the foundation is in place for sustainable growth.
For more information, visit Aurami Capital, Miami Real Investment, Travaleo, and Genesis Holdings.
