| We
are offering the following proposal for investors:
   
* Opportunity
to own a piece of tropical paradise in premier vacation capital
of the Philippines through acquisition of a preferred stock share
ownership representing a specific condotel unit.
* Condotel Unit ownership with Club Ultima membership
* Hotel room nights privileges in any Crown Regency chain of hotels
nationwide: Cebu, Davao, Makati, Mactan, Boracay.
* Access to world class facilities through Interval International
hotel exchange of more than 2,000 hotels and resorts, worldwide.
* Guaranteed 45 days free nights per year accommodation even during
peak season (with priority booking as unit owner).
* Projected substantial returns on investment through condotel
operation.
A
Brief Background on Boracay

Boracay is
a tropical island conveniently located at the northwestern tip
of the province of Aklan. It is a coral island with a total land
area of 1,083 hectares. It is 7 kilometers long, 0.5 km. at its
narrowest and 2.0 km. at its widest. Laced with a beautiful stretch
of beach 4 km long that is known for its powdery white sand unequalled
not only in the Philippines but anywhere else in the world.
Boracay is
composed of 3 barangays of the Municipality of Malay. With a local
population of about 13,000 whose main source of livelihood is
tourism. The island was declared a tourist zone in 1978 and tourism
development has expanded rapidly since then.
Boracay is
the Philippine's major tourist destination. Tourist arrivals in
2005 was 499,457. The average yearly increase from 1998 to 2005
was about 20%. Local tourists accounted for 69% of arrivals in
2005 while foreign tourists consisted of 31% of arrivals. The
influx of foreign tourist manifests an increasing trend since
2003, with Koreans registering the single largest nationality
that visited the island, accounting for 65% of foreign tourists.
Getting to Boracay
Plane
Travel by
air via Kalibo/Caticlan is the fastest way to go Boracay from
Manila or Cebu.


* Asian Spirit
& SEAIR has more than 45x flights daily from Manila to Caticlan
and other routes.
* PAL & Cebu Pacific Air each has 3x flights daily via Kalibo.
* Soon Air Phil and Cebu Pacific will fly the Manila to Caticlan
air route.
Sea Ferry
Via Dumaguit
on Negros Navigation or WGA Superferry. Travel time is about 12
hours, however, upon reaching Dumaguit, you still have to travel
about 1 ½ to 2 hours by land before reaching Caticlan jetty
port.
Land
The cheapest
way to Boracay is via roll on roll off (RORO) trips to Panay Island.
Daily Philtranco airconditioned or non-airconditioned buses leave
for Panay via Caticlan. From Manila via bus to Batangas pier,
travel time is about 2hrs to 3hrs depending on the traffic. Batangas
to Calapan by boat takes 2 hours, another 2 hours by bus from
Calapan to Roxas pier, then 4 hours by boat from Roxas pier to
the Caticlan jetty port.
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