SAMP Huge news out this morning! South American

New Post Public Reply Private Reply Replies (0) Message Board

Jun 13, 2013 at 9:07 AM

SAMP Huge news out this morning!

South American Properties announces a Construction update on the Colan Marina Project in Peru

DALLAS, June 13, 2013 /PRNewswire/ -- South American Properties (OTCPink: SAMP), a Company focused on commercial real estate opportunities focused in South America, is proud to announce our first project the Colan Marina in Peru has completed the initial blueprinting and the survey work of the work site and architectural drawings have been completed for the first two Phases of the project. An exciting opportunity has arisen for South American Properties in recent weeks to purchase additional land tracks adjacent to the existing property that has been purchased which will allow for further expansion of the community in the future. The company plans on announcing the official ground breaking of the project soon. President and CEO Jeffrey Love stated, "We are pleased the project is moving forward and that the $30 million dollar Phase I part of the project will fill the need for a high-end secure Marina facility that is currently not available in the country of Peru."

South American Properties has just has embarked on Phase I of the Colin Marina Complex: A $30 million dollar full service luxury marina called Colan Marina near the port of Paita in northern Peru. Colan Marina will be a planned full service marina and lake with 150 slips, dry dock facilities, maintenance and fuel service and full 24-hour security. A rock jetty will be constructed to calm any waves allowing a smooth entry into the canal and marina. The marina will be land locked and secure from weather. Plans call for a small draw bridge that will allow traffic along the beach when boats are not entering. The marina will be a man-made construction to be created by excavation of a salt flat bordering the emerald bay beach on the west and 100-foot cliffs on the east. A canal 24-meters wide and 200-meters long will connect the marina from the Pacific Ocean. It will be connected to electric and water services.

Phase II of the project also includes a Marina Club, Casino, Bar, Hotel, Retail Stores, Night Clubs, Yacht Club, a Convention Center as well as apartments and condos for sale and rent.

In an effort to provide the shareholders with more transparency we have launched a website for South American Properties at http://www.southamericanpropertiesinc.com/ . The website will showcase South American Properties projects and also has a section with photographs of the project.

South American Properties has updated information at OTCMarkets. The page can be found viewed at http://www.otcmarkets.com/stock/SAMP/ . The purpose of this exercise was to provide SAMP shareholders more transparency and confidence.

Colan is the entrance to the beaches of the north of Punta Sal, Mancora and Tumbes where there is surfboarding, swimming and fishing, and could be a day-and-one-half sail to Ecuador. It's additionally the entrance to the famed Galapagos Islands a 2-to-3-day sail from Colan. Piura is that the nearest main town of northern Republic of Peru and is thirty miles away with business field facilities and immigration officers to receive international flights. it's a one-hour-and-twenty-minute flight from capital city of Peru Lima.

About South American Properties

South American Properties, Inc., formerly Texas Hills Barbecue, Inc., is a Nevada Corp. based in Dallas, Texas, that plans to acquire and develop real estate properties, and other income generating assets located in South America with a more specific focus on the country of Peru. The Company believes significant opportunities exist in the countries of South America, and it plans to leverage its close relationships with contacts in the region. South American Properties may also enter into real estate projects in Latin America, Mexico, or island countries in the Caribbean.

South American Properties, Inc. (OTCPink: SAMP) trades on the pink sheets under the ticker symbol "SAMP". For additional information, please visit South American Properties Corporate website at: http://southamericanpropertiesinc.com/

About LIG Assets, Inc.

LIG Assets, Inc., based in Dallas, TX, is a Company focused on residential and commercial real estate. Through our Strategic Alliance with Texas Real Estate Hedge Fund, MMR Realty Advisors, and InterContinental Real Estate Partners, LIG Assets will expand its focus on multifamily, retail, hotel, and office properties with valuations between $3 and $100 million. LIG Assets, Inc. trades on the pink sheets under the ticker symbol "LIGA". For additional information, please visit LIG Asset's corporate website: www.ligassetsinc.net.

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

JiMMYBAR! Expands Creatine Market with Target Launch

JiMMYBAR! Breaks New Ground in Supplements You ever notice how some companies just know how to shake things up? Take JiMMYBAR!, for instance. The moment I read they’re making moves to get their Creatine + Protein bars into Target stores nationwide, starting October 4, I thought, “That’s one way to drag creatine out from the dusty tub and onto the shelves of...

Bob Evans' Protein Mac & Cheese: Practical Power Play

Has anyone else noticed just how fast the world spins when it comes to consumer trends these days? Bob Evans is hopping right on the protein bandwagon with its latest launch, a microwave-ready Protein Macaroni & Cheese that packs 18 grams of protein per serving. You gotta hand it to them for seizing opportunity when they see it. This one's not just about tossing a new...

Cure Blindness Project's 770K Screenings for World Sight Day

Visionary Steps Toward a Brighter Future No two words could describe the task that Cure Blindness Project is tackling this year: vision and action. Marking World Sight Day on October 8, they plan to usher in 770,000 eye screenings across Asia, Africa, and the Caribbean. These initiatives aren't just numbers—they're a colossal step toward lifting the veil of avoidable...

Truss Financial Tackles Home Equity Closing Delays

Truss Financial Group's Bold Move Against Closing Delays In real estate, time is money. Even the most casual market observer could tell you delays can slice through a deal like a hot knife through butter. That's the headache home equity borrowers face, blindsided by closing delays that sneak up on them without warning. An Industry Bottleneck Finally Addressed Enter Truss...

TA Services Strengthens U.S.-Mexico Freight Operations

TA Services Moves Boldly Across Borders If ever there was a time to play the logistics chessboard like a champ, it's now, and TA Services just slammed the board with a solid move. They've grabbed Carmen Pacheco Transportation and Interload Forwarding, two family-run operations with some real muscle in North American logistics. This isn't a small-time maneuver; they've...

Karoo Health Leaps Forward with New CCO Breton

Change of Guard in Cardiac Health at Karoo Here's a move that might shake things up in the healthtech sector: Karoo Health just snagged Angela "Angie" Breton as their new Chief Commercial Officer. It's like putting a seasoned captain at the helm right before setting sail on uncharted waters. Breton's not just any captain—she's got a hefty 25 years of experience...

Navigating Holiday Sweets: Healthy Balancing Acts

In the middle of the sweet madness that is the holiday season, Crispy Green and Dr. Nicole Avena are playing guide to families drowning in sugar. This isn't just a once-a-year Halloween headache; we're starting that sugar spiral early and letting it ride until the New Year approaches. It's an all-hands-on-deck situation if families want to dodge that sugar overload. Why...

Pushing for National Liver Cancer Awareness in 2026

The Urgency of Liver Cancer Awareness Death doesn’t wait, does it? When liver cancer is the villain in question, every moment becomes precious because this beast doesn’t roar until it’s too late. Here we are in 2026, staring at nearly 31,000 annual deaths in the U.S. alone. But hope flickers with a new congressional resolution aiming to slap a bright spotlight on...

Dentistry.One Achieves HITRUST i1, Boosts Cybertrust

HITRUST i1 Certification: The Gold Standard in Security For a world increasingly reliant on digital infrastructure, cybersecurity certification is no longer just a badge of honor; it's a cornerstone of trust. Dentistry.One nailed this down by bagging that coveted HITRUST i1 certification. When folks talk about securing data, HITRUST might as well be speaking gospel. We're...

Community Banks Missing $106B Lending Opportunity?

A Missed Opportunity for Community Banks It's a classic tale: community banks sleepwalking while big players snatch up low-hanging fruit right in their own backyards. According to the latest report by Cornerstone Advisors, commissioned by Teslar Software, these banks are essentially leaving $106 billion on the table when it comes to consumer lending. That's not just chump...