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Oct 2, 2018On going residential development where resort facilities and amenities, to include water park entertainment and boutique hotel, are to be added.

Residential area already in progress with over $6 million in revenue (13 custom built luxury villas, 11 weekend bungalows).

Seven million investment will provide for resort facilities (timesharing units(bungalows and condos), theme (water and moutain) park entertainment, and boutique hotel to be developed; refinancing of current debt will also be included.

Current company's assets include four (time share ready) units plus over 150,000 square meters of land for development. Most roads, power lines and water distribution are already built.

Most permits already secured and working to get Panama Tourism Board's registry which will provide tax incentives (imports and revenue) for up to 10 years.

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