- Business
- GiveMePower Corporation (GMPW) operates and manages a portfolio of real estate and financial services assets and operations in the United States, with a primary focus on empowering black persons and communities through financial tools, resources, and business development in urban areas and distressed neighborhoods. The company engages in the ownership, operation, management, acquisition, development, and redevelopment of multifamily housing and specialized industrial properties, including affordable housing, opportunity zone properties, hemp and cannabis farms, dispensaries, CBD-related commercial facilities, and other real estate-related services; it also provides financial empowerment initiatives targeting black businesses and individuals. Founded on June 7, 2001, and headquartered in Torrance, California, GiveMePower maintains operations across the United States, serving target markets in opportunity zones and underserved urban communities. Recent strategic shifts include a pivot from its historical software business—originally geared toward end-users and developers in design, manufacture, and construction of engineered products, including laser-precise as-built floor plans, building surveys to BOMA standards, space calculations, and AutoCAD-compatible digital files delivered to clients such as the US Navy and Texas A&M—to real estate and financial services; on December 31, 2019, the company sold a controlling preferred share to Goldstein Franklin, Inc., marking a significant ownership change and operational refocus. In late 2021, GiveMePower repurchased and transferred its subsidiary Alpharidge Capital LLC to Kid Castle Educational Corporation in exchange for preferred shares, simplifying its balance sheet through divestiture of complex real estate holdings involving intercompany loans and mortgages; more recently, the company has pursued intentions to evolve into a financial technology (FINTEC) entity, encompassing plans for federally licensed banks, AI-enabled loan and insurance underwriting, blockchain-powered payments, and cryptocurrency transactions, alongside continued quarterly filings reflecting minimal revenue and net operating losses as of Q3 2025.