To: Jgilbert who wrote (2834 ) 6/26/1998 12:29:00 AM From: Mike McCarty Read Replies (1) | Respond to of 43774
Here's the post Jgilbert was referring to on the AOL personal finance board. -Mac ---------------------------------------------------------------------- Upon reading the SI thread (and since I am not a paying customer, I cannot post there, merely browse) I see that there is some speculation that the PR news release of 6/24 may, possibly, have a typo in it. Access Wall Street may (maybe?) be incorrect? Possibly it is Wall Street Access. So I ran that company in AOL's stock section and came up with only a deli. I then tried it as Wall Street Financial, an interesting Hawaii co. I have absolutely no idea at present if this makes any sense or if it's just off the wall, but, when I ran an Edgar search on WSF Corp I found this: Ticker Symbol: WSFI U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10- QSB (Mark One) { X} QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 1998 { } TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE EXCHANGE ACT For the transition period from ___________ to ___________. Commission File No. 0-17117 WALL STREET FINANCIAL CORPORATION (Exact name of Small Business Issuer as specified in its Charter) **** Blah blah blah exluded....although if you can read these things better than I can, it might have valuable info in it. Go to Edgars. Disclosure Note also: Highlights and underscoring herein are added by me for your reading pleasure... ***** The Registrant (also referred to as the "Company") was incorporated under the laws of the State of Delaware in March 1987. While Registrant initially provided financial services to community banks, since 1995, under the guidance of a new Board of Directors, the Company began actively concentrating on its interest in a 31,000-acre parcel of prime Belizean real estate property. Since 1996 the Company's focus is that of a holding company with three main operations, a) trust and asset management, b) plantation revitalization and c) the planning and development of a world-class destination resort with one or more Caribbean sea-front hotels. WSF Trust Corporation of Belize, Ltd.("the Trust Company"), a Belize trust company, a wholly-owned subsidiary of Registrant was formed to implement the corporate strategy involving trust and asset management. The Trust Company was declared a full service trust corporation pursuant to the Trust Corporation Act of the Laws of Belize. With the establishment of the Trust Company and the appointment of the Trust Company as the sole trustee and asset manager of one of the largest private plantations in Belize, the Registrant assumed an active role in the economic development of the Country of Belize. To implement these plans and achieve these objectives the Trust Company has and will make investments in synergistic companies and/or enter into joint ventures with qualified strategic partners (see section on "Operations"). The Registrant has also formed Mayan Resorts Development Company, Ltd., a Belize company, a wholly owned subsidiary of the Trust Company (hereinafter referred to as "Mayan Resorts"). The primary objective of Mayan Resorts is to complete the development of a major destination resort complex in the country of Belize on a 50 square mile oceanfront parcel generally known in Belize as the Salt Creek Estate or Salt Creek Plantation. Such development will include (1) implementation of a Plantation Revitalization Plan that includes agriculture, forestry and aquaculture projects and (b) preparation and implementation of a Master Development Plan for a mixed-use, world-class destination health and wellness-resort. The Master Development Plan will strive to utilize the plantation operations as ecological attractions and the many Mayan sites on the property as cultural attractions. Compradore Limited, a Hawaii corporation, is the registered owner of the property and holds the Transfer Certificate of Title ("TCT") dated December 19, 1973, registered in the Land Titles Register Volume 8, Folio 300 at the Belize General Registry. The TCT encompasses 38,677-acres of land. Due to subsequent transfers, the Plantation was reduced to 31,423.45 acres in 1989. The Registrant owns twenty-three and 62/100 percent (23.62%) of the common stock of Compradore Limited, the title holder of the 31,423.45-acre Plantation. WSF Trust Corporation of Belize, Ltd. is the sole trustee and asset manager of the Plantation. Wall Street Internet Corporation, Hawaii company, a wholly-owned subsidiary of Registrant, will serve as the communications and marketing arm for all of Registrant s operations. This company remains a development stage company and is based in Honolulu, Hawaii. ****** Am I off base or is this too much of a coincidence? DG