Dear All 

I am pleased to announce that I had a meeting with the developer this week where I witnessed the letter from their lawyers in the DR confirming ownership of all plots within the boundary of the Punta Perla project. This letter should allay any fears of the security of our money that we have all invested, as the land is now valued at over $2 billion and has no borrowings, mortgage or lien upon it. Not having to pay interest puts our project in an incredibly strong position and makes it very attractive to would be institutional investors. Incidentally at significant cost to the developer, the same letter was stamped by a notary confirming that the document is legitimate and had been checked by an independent body. A copy of this letter will be sent to all investors within the next week. 

At the same meeting I was privy to seeing the construction schedule of the main works for the building of phases zero and one referred to in a previous news letter from the developer. The project is enormous and the organisation behind the scenes to get us this far is just fantastic. I hope to be able to share much of this with you all very soon. 

The developers paranoia of not wishing to release information prior to events actually starting is wholly understandable given the delays they have had to endure thus far. There is much envy of a non-Dominican company leading and building out the number one project (as quoted by the new DR Minister for tourism) in the Dominican Republic. We have to avoid any further delays by shielding critical information until it cannot be miss-used in any way. 

Like everybody else who has invested in Punta Perla, I too have been tearing my hair out with the frustration and the lack of progress, but please rest assured that what has been going on in the background to protect and progress Punta Perla is incredible. I do appreciate that no matter how many superlatives I use to describe my meetings mean very little to you all until there is evidence of our properties and the project being built. With the labour and resources I am told that are at hand that when full scale construction does get underway that things will move very quickly. 

The plan is for the developer (when I say developer, I mean the development company) to arrange a small number of meetings for existing investors to explain the progress of the project so far and to present what we can all look forward to. It is true that communication from the developer has been far from satisfactory from a public perspective, but believe me there have been reasons for much of what has not been communicated. I am sure that in the next month or so that things will improve dramatically in that area. 

Once again, on behalf of the developer, thank you all for your patience and I look forward to sharing some more good news with you very soon. 

Kindest regards
 
Mark Andrew
Emerging Earth Ltd
12 Eaton Court Road,
Colmworth Business Park,
Eaton Socon,
Cambs
PE19 8ER