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GAMG Announces Strategic Acquisition and Leadership Appointments

  • Writer: GAMG
    GAMG
  • Aug 5, 2025
  • 3 min read

Rockville, MD – August 5th, 2025 — Global Asset Management Group, Inc, a publicly-traded diversified holding company focused on strategic growth through acquisitions and operational scale, today announced the successful completion of key corporate initiatives designed to expand its service capabilities and strengthen its leadership team.


These developments were disclosed in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on August 5, 2025. otcmarkets.com


Acquisition of Bella Rio Marketing Agency, Inc.


On July 31, 2025, Global Asset Management Group, Inc. completed the acquisition of Bella Rio Marketing Agency, Inc., a full-service marketing firm specializing in scalable digital solutions for modern brands. Under the terms of a Share Exchange Agreement dated July 22, 2025, the Company acquired 100% of the issued and outstanding capital stock of Bella Rio in exchange for 450,000 shares of its common stock issued to Andell Holdings Corporation, the sole shareholder of Bella Rio.


The transaction was conducted as a private placement under applicable federal and state securities laws. The acquisition strengthens the Company’s digital marketing infrastructure and enhances its ability to deliver integrated brand development, SEO, content creation, analytics, and CRM-driven performance marketing solutions.


Board and Executive Leadership Updates


The Board of Directors accepted the resignations of Steven Swank, Richard Cruse, and Jay Cunningham, all stepping down for personal business reasons unrelated to the Company’s operations or financial reporting.


The Company also announced the following leadership appointments, effective July 31, 2025:


  • John Murray — Director; appointed President. 

John Murray is a nationally recognized executive with extensive experience across real estate, banking, and health and wellness. He has led high-volume real estate operations, co-founded Realty Pilot—a real estate technology firm—and previously served as President of Key Realty, Inc. His leadership experience spans private equity, loan servicing, and brokerage, with a strong track record of innovation and building scalable enterprise solutions. Mr. Murray also serves as Chair of the National Cannabis Industry Association’s Hemp Committee and leads Sustainable Innovations, Inc., a vertically integrated cannabis and hemp company. He holds a Bachelor of Arts degree from Illinois Wesleyan University.


  • Richard Balles — Director; appointed Chief Executive Officer.

Richard Balles is a seasoned real estate investor and developer with more than 22 years of experience across residential and commercial markets. He has originated and funded hundreds of millions of dollars in mortgage transactions and was the founder of a banking institution that was successfully sold in 2022. Mr. Balles has led large-scale distressed asset recovery initiatives, acquiring and repositioning substantial portfolios of REO and non-performing loans. His investment portfolio includes ground-up developments and value-add multifamily projects throughout the Washington, D.C. metropolitan area. Known for his hands-on leadership and strong financial discipline, Mr. Balles brings institutional rigor to private market investing.


  • Andrew Roiniotis — Chief Marketing Officer.

Andrew Roiniotis is an experienced investor and operator with a proven track record in entertainment, hospitality, and real estate development. He has deployed more than $3 million into scalable ventures across Northern Illinois, resulting in the creation of over 200 jobs and generating significant consumer traffic. His portfolio includes the production of more than 500 concerts and 50 festivals, as well as the development of high-volume venues that have revitalized underserved markets. As co-founder of Bella Rio Consulting, Inc.—the parent company of ROCK'N Vodka and other emerging consumer brands—Mr. Roiniotis continues to scale nationally positioned ventures. Known for execution-driven leadership and growth-oriented strategy, Mr. Roiniotis brings operational expertise and strong investor alignment to Global Asset Management Group, Inc.


  • Erik Carlson — Corporate Secretary and General Counsel.

Erik Carlson is a seasoned attorney and entrepreneur with deep experience in cannabis, health and wellness, and real estate development. He has served as general counsel to multiple ventures and has founded several charitable organizations. Prior to his corporate legal work, Mr. Carlson practiced as a trial attorney, successfully litigating a wide range of civil and commercial matters. His expertise includes business formation, contract negotiation, regulatory compliance, and strategic planning within complex legal frameworks. He holds a Bachelor of Arts degree from Wake Forest University and a Juris Doctor from the University of Wisconsin–Madison.


These appointments reflect Global Asset Management Group’s commitment to executive strength and operational excellence as the Company pursues diversified acquisition strategies and value creation.


CEO Statement


“These strategic initiatives mark a transformative step for Global Asset Management Group, Inc.,” said Richard Balles, CEO. “Acquiring Bella Rio enhances our capabilities in digital services — a high-growth market — while our expanded leadership team positions us to execute on our corporate vision and drive shareholder value.”


About Global Asset Management Group, Inc.


Global Asset Management Group, Inc. (formerly Kenilworth Systems Corporation) is a publicly-traded diversified holding company focused on acquiring and growing strategic assets across various sectors.

 
 
 

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