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PROJECT OPPORTUNITIES
These are the current projects needing capital that we have been working on for
the past year. I have attempted to provide you with an executive summary of
each of the options in order to give you an idea of the substantial opportunities
involved and the benefits related thereto.
1. Salton Sea – As you know, this is an extremely large and complicated
engineering project that has a significant environmental impact not only on
the area around the Salton Sea but the California area in total as well. At
the present time, a conceptual approach to ways in which this project can
be done has been prepared by Kjell Eriksson, but in order to move forward
the engineering concepts need to be tested and project feasibility needs to
be done. This project not only maintains the environmental strength of the
Salton Sea but provides for the provision of water and power to benefit all
of Southern California and a larger regional area. In order to proceed with
this project, at risk engineering feasibility work needs to be committed in
order to move forward. Should a company or group of firms be willing to
put in the 10-20% of total project costs up front as risk funding, there is no
reason that this effort could not go forward at the present time. Clearly
Kjell Eriksson is available to help with this effort as are you and I and Bob
Kiley to handle all aspects of Salton Sea revitalization feasibility and
engineering confirmation. Should an investor group have an interest in this
effort, we would be more than happy to sit down and talk with them and
execute agreements designed to make the revitalization of the Salton Sea
with the attendant power and water generation as well as economic
development a reality.
$100 million
2. Project List – as of 12/29/2015
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2. Coachella Valley affordable housing – A unique affordable housing
design has been developed and patented by Kjell Eriksson and the American
Research and Development Institute. Specific plans for plant location in the
Coachella Valley have been determined and preliminary costing for housing
units has been developed. Clearly there is a significant need for housing in
not only this, but the Southern California area, all of which can lead to major
advances in construction technology, financing, product manufacturers
involvement, and hydrogen and related power utilization. Plans are in place
for building at least 992 homes in the Coachella Valley area which is close
to the Salton Sea. Plans for both the housing and Salton Sea revitalization
have significant major economic benefits and can result in major work for
construction companies, engineers, and developers.
$50 million
3. Arizona Resort - A resort exists in the eastern side of the City of Phoenix
adjacent to the Superstition Mountain Range that currently has existing
resort facilities such as hotels, golf courses, and rental units with an existing
positive cash flow. There are also major development opportunities on the
site which add substantial upside to this project. The purchase and
development of this property is within the political sphere of Senator John
McCain in Arizona and provides an excellent opportunity for immediate cash
flow to project buyers.
$35 million
4. EnergyGlass – A technology has been developed in Florida that provides
for very strong glass panels that can withstand substantial blunt force
impacts while at the same time using natural light to generate electricity.
It is suggested that a franchise be acquired from the Florida operation and
that a plant for this manufacturing process be located in Nevada (for
favorable tax reasons) and that negotiations take place to provide service
areas where EnergyGlass can be provided in areas of existing purchase
interest.
$50 million
3. Project List – as of 12/29/2015
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5. AST Computer Chip – This process involves a highly efficient way to
generate cost effective transfer of information to computer chips that can
be used to support a variety of manufacturing and information technology
applications. A relatively small investment can bring this product to a major
market position with ongoing revenue resulting from its manufacture and
distribution. The funds necessary to expand to the West Coast, a second
plant in Nevada, providing 120 new jobs.
$4 million
6. Bank purchases – At the present time, we are in discussions with Mr. Ron
Sexton relative to the purchase of two banks with at least one enjoying a
federal charter, which could be used by our overall efforts to finance
projects and developing a major position in funding on a short term basis
of residential mortgages.
$30 million
7. The Santa Barbara and Pismo Beach areas represent a unique but
important opportunity for an ecologically oriented development that is
consistent with economic development and environmental advancement as
well. Short term money is needed to move this forward while plans are
finalized for a significant total investment in the area.
$1 billion
8. Long Beach Development – Plans currently exist for development of a
pristine ocean front location in the City of Long Beach on a mixed-use basis.
Said development represents a highly unusual opportunity for ocean front
development in a prime Southern California area.
$150 million
9. Panama Development – This project on the west coast of Panama, north
of Panama City, located on the Pacific Ocean side, provides an opportunity
for a joint venture with an existing Panamanian land owner who would like
to move forward with a mixed-use development including hotels, retail,
housing, and recreation on the property.
$150 million
4. Project List – as of 12/29/2015
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10.Idaho Mining – Plans also exist with property interests in Idaho that lend
themselves to the development of mining interests that could bring about
profitable returns for the investor.
$25 million
11.Houston Shopping Center – Located adjacent to a major freeway in the
City of Houston, Texas and relatively close to the Galleria Shopping Center,
this property is under the control of one of our partners through easements
and property ownership. The City of Houston has expressed a significant
interest in this site, which is in excess of 100 acres, to be revitalized and
made productive in terms of supporting the community. It is also
appropriate to note that the project has an existing jewelry mart on the site
which has been fully leased for many years. Development plans would
anticipate purchasing that building with its existing positive cash flow. The
City of Houston has also indicated an interest in supporting revitalization of
this site in a mixed-use fashion with governmental financing and financial
contributions. Existing Texas professionals such as lawyers, brokers, etc.
are also lined up and ready to be utilized in this project.
$60 million
12.Arizona mixed-use development – Plans are currently underway for the
master planning, zoning, and entitlement of a large mixed-use complex east
of Phoenix and relatively close to the Arizona resort mentioned in #3 above.
This facility will include housing, hotels, manufacturing, race track facilities
for use by high-performance vehicles, recreational vehicle facilities, and an
aircraft landing strip. This can work out to be one of the largest master
planned facilities of its type located anywhere in the United States.
$160 million
13.ARTIC – There currently exists a master plan for a very large mixed-use
project in the City of Anaheim, California that will connect the existing
Honda Center and the existing Anaheim Regional Transportation Center, all
of which will include several hundred thousand square feet of mixed-use
development. Very important planning studies have already been
conducted and the location of the property is right in the center of huge
economic development efforts currently underway. Great potential exists
for investors and developers to move this effort forward.
$2 billion
5. Project List – as of 12/29/2015
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14. Paso Robles – Existing property is available in Paso Robles that lends
itself to a high-end hotel / spa / custom home development that has existing
horse stables of a high quality and horse track on the property. While this
is a very difficult area to secure entitlements, the property owners have
thought that through carefully and as a result have made a very high-end
project possible.
$100 million
15.Property exists currently in the Canary Islands off the coast of Africa
which is presently awaiting entitlement and processing efforts from the
Country of Spain. Once this has been secured, some very valuable
development opportunities will make themselves available.
$50-100 million
16.While not currently available, there is property in the City of Redlands,
California, that can be used for planning and development of high-end
single family residences. The Redlands area is quite affluent and would
lend itself to an important project like this.
17.Desalinization - Southern California is currently undergoing severe water
restriction regulations and is in dire need of efforts to maximize the use of
potable water and the re-use of water as much as possible. A series of
desalinization efforts that can accomplish this goal are underway and have
needs for a joint venture partner to capitalize on the broader overall water
needs of the region.
$2 billion
18.A relatively large area of land located in South Africa has been pre-
planned for housing, public services such as schools, and retail services and
is in need of a joint venture partner with opportunities for development
interests as well.
As you can see from the above list of projects, the opportunities to generate
significant employment, enhance the environment, create job opportunities for
construction companies, and to pursue profitable ventures are all possible as noted
above. We stand ready to work with appropriate companies to coordinate these
efforts and to maximize the benefits to be derived from them.