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Non-Tech : SLJB - Sulja Brothers Building Supply, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Done, gone. who wrote (675)11/22/2006 12:41:08 PM
From: scion  Respond to of 1681
 
Kore International's Director of Operations, Tracey Banumas says that $8M (USD) will be allocated as the initial budget for property acquisition.

Kore International Management Inc. Announces Domestic JV With LoftWerks, Inc.:

Targets Savannah and New Orleans: $8M Allotted by Kore
Savannah, GA 12/19/2005 5:40 PM GMT (TransWorldNews) Kore International Management Inc. today announced a joint venture agreement with LoftWerks, Inc. (Other OTC:LFWK.PK - News) and has identified two project venues. The proposed sites are Savannah, Georgia, and New Orleans, Louisiana. Initial venues will be managed by Kore International Inc. corporate officials along with Dennis Ammerman, CEO of LoftWerks, Inc. The projects will encompass residential facilities and commercial building refurbishings.

Kore International's Director of Operations, Tracey Banumas says that $8M (USD) will be allocated as the initial budget for property acquisition. "These projects serve many purposes for LoftWerks," said Ammerman. "Primarily, we will exhibit our design techniques and accessories that accentuate the elements we think have strong ties to the urbane 'Southern lifestyle' and the culture of a bygone era," said Ammerman, LoftWerks, Inc. CEO. "We are fortunate to have a partner like Kore that shares our vision and ideals."



To: Done, gone. who wrote (675)11/22/2006 12:44:11 PM
From: scion  Read Replies (1) | Respond to of 1681
 
Tracey Banumas, Director of Operations for CCMI stated that the cost of acquiring the land on Al Reem Island is $29M, cost of construction of the luxury hotel is estimated at $645M, both the land and financing for this project have been secured as of yesterday.

LoftWerks Expands to New Projects in the Middle East

Recently, CEO Steve Sulja, announced "Consultech Construction Management Inc.'s Director General Petar Vucicevich has been in the Middle East for the past 4 days completing negotiations for the land and construction of a 280 room exclusive luxury hotel on the Al Reem Island, in Abu Dhabi, UAE."

Tracey Banumas, Director of Operations for CCMI stated that the cost of acquiring the land on Al Reem Island is $29M, cost of construction of the luxury hotel is estimated at $645M, both the land and financing for this project have been secured as of yesterday. The anticipated start date on the hotel construction will be mid 2007,