Port Renfrew Development Fund - Valhalla Capital

[MarkCB]

Received this email today. Does anyone know more about this project they're trying to fund?

SPECIAL EVENT AND PRESENTATION

Valhalla Capital Group Ltd. is pleased to announce a unique investment opportunity in the scenic Port Renfrew BC region – the PORT RENFREW DEVELOPMENT FUND.

The Fund offers investors the opportunity to participate in the acquisition and partial development of prime waterfront lands overlooking the Pacific Rim National Park, near the southern end of the world famous West Coast Trail.

The Fund will aim to provide investors with:

• An income generating investment
• A 9% Annualized Preferred Return
• 50%/50% profit sharing after the Preferred Return
• An estimated 2.91x multiple of capital contribution
• A 7-10 year investment horizon
• Annual Distributions anticipated to begin in 2014 (See example below)

NOT HAPPY WITH YOUR CURRENT INVESTMENT RATE OF RETURNS? CONSIDER INVESTING IN THE PORT RENFREW DEVELOPMENT FUND

The Fund is cash, RRSP, RRIF, LIRA, LIFF and TFSA (all registered plans) eligible.

Please RSVP today for this special information session to learn more about this unique investment opportunity. Sessions are FREE but seating is limited.

April 17th
Victoria Marriott Inner Harbour Hotel
728 Humboldt Street Victoria, BC, V8W 3Z5
Pre-event Registration 6:30pm
Presentation 7:00pm- 9:00pm
RSVP to: Karl Ablack karlablack@wealthterra.com PH: 250-388-0268

This is not a complete offering of securities and must not be relied upon solely to make an informed investment decision. Please read the applicable Port Renfrew Development Fund Offering Memorandum from Valhalla Capital Group Ltd. before investing.

ValhallaCapital.ca

© Valhalla Capital Group Ltd. 2012

More info here: http://valhallacapital.ca/index.php/current-offerings

[MarkCB]

Can't help but think of Ender Ilkay's Juan de Fuca cabins development that has been mired in controversy. This might fare better given it's not directly adjacent a regional park, but who knows what the environmentalists will protest.

[Bernard]

I am trying to figure out where this development is supposed to be. I am having trouble figuring out which five parcels with 436 acres it is meant to be.

As far as I can tell this would a property that would be the same size as all of downtown Port Renfrew

[AllseeingEye]

http://www.wildcoastcottages.com/ima...ap-tppland.jpg

[Bernard]

Originally Posted by AllseeingEye

http://www.wildcoastcottages.com/ima...ap-tppland.jpg

Is that not an already existing development that they are referencing as an example of what they would do?

The property is large enough to be the one, though the five properties are all non-waterfront.

Currently the land is zoned specifically not to be used for tourism type accommodation.

[Dylan Leblanc]

A few years ago I heard of a planned resort that was to be in the hills up in behind the marina across the river. Perhaps this is it?

[vandervalk]

My understanding is that it is wild coast cottages. They just want to build larger. I might have heard wrong but the person who told me is reliable.

[Mike K.]

But why would hoards of people want to move way the heck out there? Those cottages are a ways beyond Port Renfrew and offer no views of the ocean.

[PulpVictor]

IMHO, this is another syndication scheme that promises to pay annualized returns (their website says 9%) much like the IGW REIT once promised 14%. It seemed like a great idea 5 years ago, but not so much anymore.