SAMOA... An Investment Opportunity
SOUTH PACIFIC DEVELOPMENT GROUP, LLC - EXECUTIVE SUMMARY South Pacific Development Group, LLC (SPDG) is a land acquisition/development planning company that has been acquiring substantial amounts of prime coastal land in Samoa for the past two years. The inevitable significant appreciation in land values has the potential to generate substantial profits for the company, its shareholders and the beneficial landowners in Samoa (the people). The Government of Samoa is in the process of implementing a new gaming law. SPDG is optimistic that it will be granted one of the two gaming licenses that will be issued in Samoa (one license for each island). Where appropriate, the company offers its input in assisting the government to formulate the new law and to develop rules and regulations for the casino operators. In addition to the land acquired for potential resort development, the company has established strong relationships with both the government of Samoa and the people of Samoa. As a result of those relationships, SPDG will have many exciting and potentially lucrative opportunities to pursue. We are now accepting capital for a percentage of the company in order to continue land planning and land acquisition activities. We are also in search of timeshare developers and hotel developer partners who would have an interest in working on our resort development projects in Samoa. Contact
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for more information.
COMPARATABLE LAND VALUES IN THE SOUTH PACIFIC o Fiji coastal property $100,000 per acre (probably the most unstable development environment in the Pacific) o Vanuatu coastal property $175,000 per acre o Bali coastal property at least $200,000 per acre o Tahiti coastal property $300,000 per acre o Phuket, Thailand $3 million per acre o Our comparable cost for the land in Savaii is $8 million (NPV) which is the equivalent of $8,900 per acre!
INVESTMENT OPPORTUNITY HIGHLIGHTS SPDG projecting to become a $100-million company in the next 3 to 5 years.
The Government is providing SPDG with 15-year tax free concessions, 15-year duty free status and assistance with infrastructure development in exchange for our commitment to develop resorts and infrastructure on the island of Savaii.
We have received a letter of intent from the government committing to build an international airport in Savaii once our hotel partners and co-developers are in place.
Projects include hotel, casino, timeshares, cultural center and a world-class 18-hole golf course.
Estimated cost of Phase One development is between $225-million and $250-million; however, SPDG will not serve as the actual developer and will, instead, enlist co-developer partners.
The Wyndham Hotel Group has provided SPDG with a letter expressing their interest to brand and operate the resort as a 5-star Wyndham Grand Resort.
Lease (120 years) for 600 acres of prime coastal land signed on July 8, 2008.
Lease (120 years) for 300 acres of prime coastal land signed on November 20, 2009.
Right of first refusal on all contiguous land (thousands of acres of land).
In the next few years the land will be worth many multiples of the current lease rates.
Current net leasehold value of these two properties is estimated at $65-million+.
Our goal is to identify projects, acquire land and then drive up the value of the surrounding land as new developments are launched for the benefit of our company and for the benefit of the land owners, the people of Samoa. We are the development planning/land acquisition company that pulls the pieces of the deals together (co-developers and hotel partners).
SPDG sub-leases land to co-developers and hotel partners and charges a land acquisition fee while driving up the values of the surrounding land at the same time.
Projecting one land deal with a co-developer during the first 12 months of operations. That deal would potentially gross significant revenues and would result in an immediate distribution to our shareholders. Contact Jesse James for details.
Planning to have our second land deal in place during the first quarter of 2011. That deal would generate substantially higher revenues than the first deal and would also result in an immediate distribution to our shareholders. Contact
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for details.
Primary tourist target markets are China and Korea. Secondary target markets are Japan, Australia and New Zealand. Cultural and eco-tourism opportunities also abound in Samoa.
Samoa is a very peaceful country with no military and an absence of political dissent. The government structure follows a parliamentary/cabinet style of government and is officially recognized as an independent nation by the UN.
SPDG is committed to providing alternative sources of energy to support our infrastructure and growth requirements and the government has agreed to purchase economically produced power from the company.
We are now accepting capital for a percentage of the company in order to continue land planning and land acquisition activities. Contact
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for more information.
To become part of this historic development opportunity contact: Jesse H. James, CEO
South Pacific Development Group, LLC Tel: (808) 591-1136
E-mail:
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