AOXY
Industry:
Equity REITs

DESCRIPTION

Advanced Oxygen Technologies is a holding company operating in commercial real estate leasing and cargo equipment distribution. The company conducts operations through two subsidiaries: Anton Nielsen Vojens (ANV) and Sharx. ANV operates as a commercial landlord and owns a single property in Vojens, Denmark, which it leases to Circle K Denmark. This single-tenant lease generates all of Advanced Oxygen Technologies' revenue. The company's business model is therefore entirely dependent on Circle K Denmark maintaining its lease and making rental payments. The second subsidiary, Sharx, holds a nonexclusive agreement to distribute cargo security straps and tie-downs for the logistics industry manufactured by Cleaver across Europe, North America, and South America. However, Sharx has generated no revenue since its creation because the manufacturer cannot produce or deliver product. Advanced Oxygen Technologies maintains a staff of two employees and is seeking corporate acquisitions or mergers to expand its operations and increase earnings potential.

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