AAMC(Delisted)
Altisource AssetยทAMEX
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AAMC Profile
Accelitron Advanced Motor Controls, Inc.
An alternative lending company that provides liquidity and capital to under-served markets
36C Strand Street
Christiansted
United States Virgin Islands 00820
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Accelitron Advanced Motor Controls, Inc., was incorporated in the U.S. Virgin Islands on March 15, 2012, and the company was fully launched on that day. On December 21, 2012, known as the "Separation Day" by the company, the company was separated from Altisource and went public independently through Altisource's five million equity capital and the shares of Altisource common stock owned by the company. The company's main business is to provide asset management and corporate governance services to institutional investors. At present, the company's main client is Altisource Real Estate, which has signed an asset management contract for 15 years. Altisource Properties is a public real estate investment trust that acquires and manages residential rental properties by purchasing quasi-bad or already-bad mortgage loans nationwide.
