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Latest Metrospaces Inc. (MSPC) Headlines

Metrospaces Issues Third Letter to Shareholders With Overall Overview of the Company's Current Projects
Marketwire - Tue Feb 04, 6:41AM CST
Metrospaces, Inc. (OTCQB: MSPC) Today issued a letter to shareholders explaining current state of projects.

Metrospaces executes LOI to acquire a one-third interest in the Orinoco oil belt for business hotel
M2 - Thu Dec 19, 5:15AM CST
Metrospaces Inc (OTCQB: MSPC), a boutique real estate development company, announced on Wednesday the execution of a LOI with the land owner to acquire a one-third interest in a 20,000 square metre lot to build a 120-room hotel in the Venezuelan Orinoco Oil Basin.

Metrospaces Announces the Execution of LOI to Acquire a Lot in the Orinoco Oil Belt for Business Hotel
Marketwire - Wed Dec 18, 7:01AM CST
Metrospaces, Inc. (OTCQB: MSPC) today announces that it has executed an LOI with the land owner to acquire a one-third interest in a 20,000 m2 lot to build a 120-room hotel in the Venezuelan Orinoco Oil Basin.

Metrospaces Issues Letter to Shareholders With Overview of the Company's Current Projects and Projects Under Consideration
Marketwire - Thu Nov 21, 6:45AM CST
Metrospaces, Inc. (OTCQB: MSPC) today issued a letter to shareholders updating shareholders of project status and new projects being considered.

Metrospaces sells four condos in the Chacabuco 1353 development for USD0.36m
M2 - Tue Oct 29, 9:26AM CDT
Metrospaces Inc (OTCQB: MSPC), a real estate investment and development company, announced on Monday the sale of four of its Chacabuco 1353 Apart-Hotel units to an investor.

Metrospaces Has in Principle Reached an Agreement to Sell 4 Condos in the Chacabuco 1353 Development to Investor
Marketwire - Mon Oct 28, 8:52AM CDT
Metrospaces, Inc. (OTCQB: MSPC) today announces that, it has sold 4 of its Chacabuco 1353 Apart-Hotel units to an investor. Option Agreement documents will be executed on or before November 30th. Sale price is $90,000 for each unit, for total proceeds of $360,000. Company will receive up to 80% of the sale price in installments, until final delivery and protocol. Protocol is expected to come approximately 90-120 days after final delivery of the units, at which time the company will be able to book this sale as revenue.

Metrospaces Updates Web Site to Show Visual Progress of Projects to Buyers
ACCESSWIRE - Wed Sep 18, 7:36AM CDT
MIAMI, FL, September 18, 2013 -(ACCESSWIRE)- Metrospaces,Inc. (OTCQB: MSPC) today announces that it has revamped its web site to show current weekly progress of its projects in execution. Link: http://metrospaces.net/#/?i=en&p=proyectos&s=null&o=Avances

Metrospaces Will Offer Its Buenos Aires Apart-Hotel Project Under Fractional Ownership
ACCESSWIRE - Mon Sep 16, 8:41AM CDT
MIAMI, FL, September 16, 2013 - (ACCESSWIRE) - Metrospaces,Inc. (OTCQB: MSPC) Today announces that, starting 4Q of 2013, it will offer up to 40% of its Chacabuco 1353 Apart-Hotel units to investors under fractional ownership. The Company expects to receive up to 1.8 X more revenue per unit, than as if sold as to single buyers.

Metrospaces, Inc. Obtains Construction Permits For Luxury Condominium Project and Begins Construction
ACCESSWIRE - Fri Sep 06, 7:45AM CDT
MIAMI, FL - (Accesswire - September 6, 2013 ) - Metrospaces, Inc. (OTCQB: MSPC) today announced the company has obtained the necessary permits and authorizations to start construction of the "La Tour 320" Luxury Residential Condominium Project in Caracas, VZ.

Metrospaces, Inc. Announces Conversion of Debt into Preferred Stock
ACCESSWIRE - Thu Sep 05, 12:35PM CDT
MIAMI, FL, September 5, 2013 - (ACCESSWIRE) - Metrospaces, Inc. (OTCQB:MSPC) Metrospaces, Inc. ("MSPC") announces that it has initially agreed to exchange indebtedness of approximately $180,000 that it owes to its president, Oscar Brito and $750,000 of indebtedness that it owes to GBS Partners, Inc. ("GBS") for shares of a new series of preferred stock on the basis that each dollar of indebtedness would be exchanged for 1.12 shares of preferred stock. This exchange would remove substantially all long-term indebtedness from MSPC's balance sheet.

Metrospaces, Inc. Announces Extension of Promissory Note
ACCESSWIRE - Wed Sep 04, 8:45AM CDT
MIAMI, FL, September 4, 2013 - (ACCESSWIRE) - Metrospaces, Inc. (OTCQB: MSPC) announces that it has reached an agreement with Richard Astrom, who holds its promissory note in the principal amount of $260,000, holder to extend the due date by 6 months from August 13, 2013, to April 14, 2014. The promissory note was incurred in connection with the merger last year in which Metrospaces acquired the business of Urban Spaces, Inc.

Metrospaces to Finish First Apart-Hotel Development in 120 Days
ACCESSWIRE - Thu Aug 29, 7:50AM CDT
MIAMI, FL - (Accesswire - August 29, 2013) - Metrospaces, Inc. (OTCQB: MSPC ) today announced that the company's President and CEO, Oscar Brito did an onsite visit to the Buenos Aires project and received updated information from the Development Partner on its Chacabuco 1353 apart-hotel real estate project.

Metrospaces, Inc. Receives Funding for Caracas Luxury Residential Condominium Development
ACCESSWIRE - Mon Aug 26, 7:50AM CDT
MIAMI, FL, August 26, 2013 - (Accesswire) - Metrospaces, Inc. (OTCQB: MSPC) Today announced the company secured the funding for the development of the "La Tour 320" Caracas Luxury Residential Condominium Development.

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