The Swan Islands
Islas Del Cisne, Honduras
|
The Swan Islands Islas Del Cisne, Honduras
|
|
|
Swan Island Development LLC, A Nevada Limited Liability Company is open to inquiries by qualified investors and companies that desire to participate in the development of The Swan Islands.
For information on investment opportunities contact: Mr. Kevin E. Morrill Chief Executive Officer Telephone (352) 597-4651 Fax (352) 597-0514 Email kmorrill@fantasyinternational.com
Disclaimer Las Vegas, NV - January 21, 2003 Swan Island Development, LLC, SID, announced that Swan Island Development, LLC will offer for private placement to qualified investors, $250 million aggregate principal amount of a new issue stock. The issuers intend to use the net proceeds of the offering, if consummated, to build the infrastructure and invest in the four resort projects on the Swan Islands and to take a minority interest in the Fantasy International resorts project. It is contemplated that the proposed stock will be guaranteed on a first priority basis, subject to certain exceptions and exclusions, by the subsidiaries of the issuers, which will include Caribbean Investment Associates, the developer/owner of the commercial and residential properties in the city of Cygnet the capital of the Swan Islands. The Grand Swan Resort on the Swan Islands, and the Grand Swan Casino on the Swan Islands. This announcement is neither an offer to sell nor a solicitation of an offer to buy any stock. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933, as amended (the "Securities Act"). The stock to be offered have not been registered under the Securities Act, or any applicable state securities laws and are being offered only to qualified individual buyers in reliance on Rule 144A under the Securities Act. Unless so registered, the stock may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements. All statements, trend analysis and other information contained in this release relative to SID's performance, trends in SID's operations or financial results, plans, expectations, estimates and beliefs, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend" and other similar expression, constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. In connection with certain forward-looking statements contained in this release and those that may be made in the future by or on behalf of issuers, SID notes that there are various factors that could cause actual results to differ materially from those set forth in any such forward-looking statements. The forward-looking statements contained in this release were prepared by management and are qualified by, and subject to, significant business, economic, competitive, regulatory and other uncertainties and contingencies, all of which are difficult or impossible to predict and many of which are beyond the control of the issuers. Accordingly, there can be no assurance that the forward-looking statements contained in this release will be realized or that actual results will not be significantly higher or lower. Readers of this release should consider these facts in evaluating the information contained herein. In addition, the business and operations of SID are subject to substantial risks, which increase the uncertainty inherent in the forward-looking statements contained in this release. The inclusion of the forward-looking statements contained in this release should not be regarded as a representation by SID or any other person that the forward-looking statements contained in the release will be achieved. In light of the foregoing, readers of this release are cautioned not to place undue reliance on the forward-looking statements contained herein. |
|
|
