CARSON CITY, Nev.--(BUSINESS WIRE)--Growth Resources, Assets, Safety, & Stability (“GRASS™”)—a qualified opportunity zone fund focused on applying cutting-edge technology to complex compliance processes, is pleased to announce the official name change of Tiger Field airport to “SAMSARG Field” in Lyon County, Nevada. The airfield is named after SAMSARG, Inc., which secures high-tech hangar facilities that require focused specifications to service transport and cargo aircraft, including security system installation, additional maintenance and complex compliance documentation.
The acquisition adds to GRASS™’s investments in aviation technology and aircraft hangar development. The formerly named Tiger Field was acquired by GRASS™ from the U.S. Bureau of Land Management and located three miles south of Fernley, Nevada. GRASS™ will further develop SAMSARG Field by improving the existing airport, creating state-of-the-art aircraft hangars, and develop one of the first drone centers in Lyon County Nevada.
At SAMSARG, Aviation and software go hand in hand. We have the security clearances required to install classified, government defense software on transport and cargo planes vital to our defense and the transportation of elected officials. Our management team boasts the aviation experience necessary to develop new, mandated high-tech hangars. We are strategically located—near bases, and in opportunity zones, which offer tax deferrals on capital gains taxes.
The Department of Defense needs better security for transport and cargo aircraft. This requires new specialized facilities, as well as software to prove and document compliance, to track every aircraft from the moment they’re taken offline to when they’re back in the skies. Much of this is security-oriented, which can save lives, helping to protect those who protect us.
Other aviation investments in the fund focus on innovators in government and the private sector who are replicating and scaling aviation businesses in current and additional Opportunity Zones including General Aviation (GA) Hangars.
GA Hangers offers new construction of advanced aircraft hangars adjacent to SAMSARG military (Department of Defense compliant) facilities within the Opportunity Zone. New constructions are designed to attract, corporate and wealthy clients. GA Hangars offers new construction to serve TRIC corporations’ travel needs while offering a short trip between Nevada’s TRIC and Silver Springs Regional Airport (as opposed to Reno International). GA Hangars also provides tailored service, maintenance, and other high-margin services.
GRASS launched their Reg A+ funding round on June 15, 2021. While most Opportunity Zone and other tax-deferred investments are reserved for the very wealthy, GRASS™ is open to investors of all income and experience levels.
GRASS™ offers multiple tax benefits to investors because it is both a Qualified Opportunity Zone Fund (“QOZF”) as well as an IRS designated Qualified Small Business Stock (“QSBS”). The minimum investment is $1,000. GRASS™ invests in two areas: blockchain-based SaaS for regulatory compliance, and aviation innovations in government and the private sector.
Investor considerations for GRASS™
- Our minimum investment is $1,000.
- GRASS™ is a diversified high-growth opportunity zone fund focused on aviation and compliance-SaaS.
- A Qualified Small Business Stock (QSBS)*: every investor that holds the fund for 5 years + 1 day can receive 10 times their cost basis + their original investment back TAX-FREE every year going forward, up to a maximum of $10 million in tax-free gains through IRC 1202.
- Opportunity Zone Fund Qualification allows the transfer, deferral, or elimination of capital gains taxes.
For more information about GRASS™ including how to invest, please visit https://www.qozfusa.com/why-grass/.
Securities are offered pursuant to Regulation A+ by C2M Securities, LLC, an SEC registered, FINRA member broker-dealer. Investors are encouraged to read the Offering Circular and exhibits and consult with their tax, legal, or financial professional prior to investing.