FORT LAUDERDALE, Fla., May 14, 2022 /PRNewswire/ -- Publicly held JV Group, Inc. (OTC MARKETS: ASZP) announces the signing of a definitive agreement to purchase real estate property held by Abraxas Corporation with an estimated fair market value (FMV) of $5.5 million USD. Under the terms of the agreement, which was unanimously approved by the board of directors of both companies, JV Group will purchase Abraxas's real estate portfolio as part of the initial acquisition of the Casamora Resort group of assets.