acts as a professional and financial partner to improve its
subsidiary's access to capital, market share and revenues. The
company's business strategy is based on two distinct concepts;
control combined with management assistance to financial needs.
The company does not get involved in day to day operations of any
of its subsidiaries.
The combination of these
concepts is based on efficient and smooth integration of American
International's designated management team and proven procedures
into each company.
By operating as a holding company, American International serves
both as a financial and professional business savvy partner for
its subsidiaries. Its role is to improve each portfolio company's
access to capital.
As of the last year,
Brenham merged with a company based in
American International Industries, Inc. (AMIN), the holding
company, has its own portfolio of diversified investments such
as cash, receivables, stocks portfolio, etc. In addition, AMIN,
as a holding company, owns two (2) operating company, American
International Texas Properties, Inc. (“investments” in Real
Estate) and Kemah 518, Inc. (real estate properties owned). The above described operating subsidiaries has
its own revenues and profits base; however,
AMIN the holding company itself derives its own profits
primarily from the sale of assets, which sale of assets may depend
on market conditions, USA and world economic conditions, and other
unforeseen factors. The holding company costs of operating
are substantial, such as home office, general and administrative,
professional, accounting and auditing fees, governance, compliance
costs and the cost of a responsible Board of Directors and related
expenses. Since its inception, and over eighteen (18) years, AMIN
acquired and sold operating companies, real estate, and other
investments, with most sales of its assets resulting in profits.
American International's asset portfolio consists of
the following subsidiaries:
International Texas Properties, Inc. (AITP), a wholly-owned real
estate subsidiary, owns a portfolio of strategically located parcels
of land and farmland in Houston, Texas and its surrounding areas in
Texas. Source of the most savvy and reputable investors in the
world have highly recommended investments and ownership in land and
518, Inc. is a developer of four (4) 1-acre sites. One of the
sites was leased for 20-years to AutoZone. The lease was sold
to a third party for $1,780,000 cash. The other three (3)
1-acre sites are being marketed for users. At this time, one
(1) of the sites for sale is under contract for $1,070,000 with a
closing to take place before the end of 2020. Another site is
being negotiated presently with a letter of intent.
The portfolio includes (appraised values):
1) 96 acres in Galveston County,
2) 34 acres on Airport Boulevard
in Houston, Texas, $3,000,000;
3) 1.7 acres in Galveston County,
4) 3 1-acre sites in Galveston County,
The Company is not filing its financials with
the SEC at this time.