Marine Exploration Signs Letter of
Post# of 1842
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Marine Exploration Signs Letter of Intent to Acquire Isabel Villas Golf and Country Club and Marina, Inc. |
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Marine Exploration, Inc. (PINKSHEETS: MEXP) announces signing a Letter of Intent to acquire Isabel Villas Golf and Country Club and Marina, Inc. The first step in Marine Exploration's Income Diversification Strategy, the Company plans to merge with Isabel Villas and its assets in order to generate additional income for Marine Exploration. The Company expects to further develop the Club and Marina located in an exclusive residential compound within the urban boundaries of the city of Santo Domingo. http://www.clubisabelvillas.com/ "We foresee building a quaint and modern marina next to the swimming and restaurant facilities of the Club. This will enable a substantial increase in membership and guest traffic, including day tours offered to cruise ship passengers arriving at the Don Diego and Sans Souci ports further impacting revenue generation. The Isabel Villas Golf Club boasts the only covered practice range and golf school in the Dominican Republic with two environmentally protected lakes and magnificent foliage. We anticipate Isabel Villas will become a movie filming location as the Dominican Republic consolidates new tax incentives governing the laws regulating the promotion of the film industry. Marine Exploration expects to further monetize by influencing the UK-based Pinewood Studios to use the Isabel Villas locations as they commence filming operations in the Dominican Republic. All in all, this is the first concerted delivery on the sincere promise made by Marine Exploration to explore and implement an Income Diversification Strategy inspired by the Berkshire Hathaway model," states Rosendo Alvarez III, President and Mark Goldberg, CEO of Marine Exploration. About Marine Exploration, Inc. Marine Exploration, Inc. represents a consortium of professionals driven to achieve enduring financial success and professional fulfillment through the investment financing of lucrative treasure exploration and salvage ventures in the Caribbean Sea and South Atlantic Ocean. Utilizing cutting-edge technology and custom equipment designed under exclusive development contracts for each specific mission, Marine Exploration, Inc. is establishing a new standard for bona-fide research-based shipwreck recovery operations. The Company may add profitable ventures as subsidiaries. |