I just heard about this on a financial podcast of the Ric Edelman Show.

A hotel chain called Elite Island Resorts, an upscale chain of hotels in Antigua, Barbados, Grand Cayman and many others, has an offer to allow you to pay for your vacation package with stock......AT JULY 1, 2008 PRICES!!!!

On July 1, KRY sold for $1.14. Today it's $0.13. So a $5,000.00 vacation package could be purchased for 4,385 shares of KRY worth $570.00 today!

See for yourself. http://www.eliteislandresorts.com/st...

Elite Island Resorts Rolls Back Time and Value for depressed U.S. Financial Stocks with a deal of a lifetime.

Click to view the entire interview with CEO, Steve Heydt on CNBC

Award-winning Elite Island Resorts -- the second-largest independently owned luxury Caribbean hospitality group – announces what could be for many the deal of a lifetime: the opportunity to roll back to the higher value of their currently depressed stocks in this recessionary time! Elite Island Resorts will accept up to a maximum of $5,000 per room transaction in stock, utilizing the stock’s higher value from July 1, 2008! The stock will be accepted as payment upon transfer to Elite Island Resorts from December 5, 2008, to January 31, 2009, and will be valid for payment of Caribbean vacations now through December 20, 2009. The “Roll Back Your Stock’s Value” promotion is subject to space availability and does not include air transportation. Elite Island Resorts has set aside $10 million in resort accommodations toward this program.

The great news is there are no blackout dates; travelers can use this promotion toward peak travel weeks like the upcoming holidays, February and April Breaks – the premium travel weeks of the year. This is also the perfect opportunity to “purchase” a gift certificate as a holiday gift for loved ones or even a honeymoon and wedding trip for a special couple. The Caribbean all-inclusive resorts featured include on Antigua: The Verandah Resort & Spa; St. James’s Club & Villas; Galley Bay Resort & Spa; in St. Lucia: The Village Inn & Spa; In Nevis: Nelson Spring Beach Villas & Spa; in the Grenadines: Palm Island Resort; and on Tortola: Long Bay Beach Resort & Villas, which features a choice of dining plans.

BOOKING AND REDEMPTION PROCESS
Example: The all-inclusive rate for a family of four starts at $635 per night this December holiday season at The Verandah Resort & Spa, Antigua. If one transferred American Express stock, which closed at approximately $20 on December 1, 2008, toward the purchase of their vacation, Elite Island Resorts will value the stock at $40 per share in resort credit. So a seven-night vacation worth $4,445 can be “purchased” with only 111 shares. Approximately 100 stocks are featured in this one-of-a-kind promotion and include;

*Stock prices were rounded to the nearest dollar. For a complete list of qualified stocks to exchange click here.

The Process and Terms: Vacationers “paying” with stock may hold a reservation for a specific date if they wish with a credit card, which will not be charged, while the stock is being transferred into a dedicated Merrill Lynch account. Resort changes and revisions for travel dates will be permitted during the applicable promotional period through December 20, 2009. This program is non refundable after the stock transfer has occurred to the Merrill Lynch account. The promotion is valid for new reservations only. If a vacation costs more than $5,000 the difference will be charged to a credit card. Individuals may transfer stock for more than one accommodation, and each transaction is limited to a maximum of $5,000 in stock value. Please note that this can not be booked online. You must call to make your transfer and reservations.

To arrange to transfer financial stock for travel reservations contact (866) 237-1366 or email reservations@eliteislandresorts.com

Why Merrill Lynch?