One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: news appears good

Took a quick read through the summary, a couple of my highlights are below.

-The valuation was for the Land Rights, not the land itself as I previously thought. This answers the questions about if the value is really there since it is contingent on development. The valuation would have considered all of that.

-There now seems to be a tangible plan to fund phase one (~24M) with a loan from a bank. This would trigger the ~70M cash from CCC and RCA assuming...

-The contract with CCC is only weeks away from being signed.

-The financial advisor is planned to be brought on about half way through phase one so this will not be a road block to actually financing and starting phase one.

-Theres a long list of other activities they've been engaged in, its easy to see why there haven't been many updates lately, they've been busy.

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