Mytikas Living Investor Update August 2026

So I don't know who wants to take this, but I'd love to give listeners who aren't super familiar with this project some background on what it is, how you found it, why you founded the company, and maybe just a couple tidbits on the other members of the team, specifically Ed Levy.

Sure, I'll field that one.

This actually had an interesting inception.

We were doing real estate development, and it had gotten really focused on RV parks and resort buildouts.

And we're located in Colorado.

This is where our team's from.

All of our members live here.

We noticed that there was a huge gap in the market with quality construction in a systematized environment.

And so we were looking at scoping out a project where we needed a whole bunch of cabins for the project, and we couldn't source them.

Serendipitously, I'd met a gentleman who had a vision for a private equity fund that was going to place park model RVs in tiny homes and rent them out as a PE thesis.

He contracted with us to find a factory and help build it out.

His financing failed and we had actually gotten such a good look at this factory and we knew the market gap because we were saying, my gosh, we might be the buyers of this, that we looked at each other and said, this operation really needs to succeed because there is such a huge...

We had done a lot of market research and we understood that there were...

There was a huge desire in Colorado and the surrounding states for a high quality manufactured product.

And we identified just this incredible facility that we knew was underpriced, undervalued.

And so that's how we bought the facility, put the financing together.

And we're about three years into that now.

One of the core members of our team who you asked about is our chief construction officer, Ed Libby.

Ed's a, I jokingly refer to him as a construction ninja.

He dropped out of pre-med, med school training to get into construction, which typically people don't think is a good idea.

It was probably a great move in his case.

He has 40 years of experience of everything from large numbers of residential properties and houses.

to large buildings, difficult things like pools, aquaponic facilities, building in non-conducive environments.

He eventually moved to Cripple Creek, Colorado, which is at nearly 10,000 feet.

And he became a specialist in building difficult buildings in a high alpine environment, which is very specialized.