Oceanfront land Eleuthera Bahamas for sale or Joint Venture

1. This document is not intended for general circulation and is only a statement of the Company’s intention for the coming months.

6. Founded in 1648, Eleuthera Island was the birth place of The Bahamas. Captain William Sayle and a group of Puritans sailed from Bermuda in search of religious freedom. Along the way, they found this island and named it Eleuthera. The development Sayle Point derives its name from Captain William Sayle and the spirit and endurance of this remarkable man. Eleuthera (north) is approximately 225 miles from Miami/ Ft. Lauderdale, Florida. The island as a whole is roughly 90 miles long from tip to tip but its slim one to two mile width sets it apart. You are never far from the dramatic Atlantic or calmer, turquoise ocean. This stunning contrast is most prominent at the “Narrowest place on Earth”, the Glass Window where the distance from one side of the island to the other is less than 100 feet. Known as “Citigoo” by its early inhabitants the Lucayan Indians, Eleuthera’s population is now reported to be somewhere between 8,000 and 10,000 people. Many of these people are farmers and fisherman with their largest export being the Eleutheran Pineapple. Gregory Town (see map on page …) hosts a Pineapple Festival every year on the first weekend in June. Eleuthera is known to have some of the best dive sites in the world; most famous for “Current Cut”. Known as a “fast drift dive”, the swift current moves between the rock walls of Eleuthera and Current Island. Transport to and from Eleuthera is both domestic and international with three airports (north, middle and south). Commercial airlines and charter flights arrive daily into North Eleuthera Airport. In addition to air travel transport is also provided by “Bahamas Fast Ferries” from Nassau to Spanish Wells, Eleuthera and The Current. Eleuthera is home to 3 major sailing regattas: South Eleuthera Homecoming, All Eleuthera Regatta in Governor's Harbour, North Eleuthera Regatta. The Eleutheran chain has some of the finest and most unspoiled white and pink sand beaches in the entire Bahamas, making this the perfect location for a romantic vacation, a honeymoon in paradise or for families to explore the many deserted beaches. The island architecture is predominantly quaint colonial style homes in pretty pastel shades. A drive along the Queens Highway is an experience in itself; at times one can see both the calm Caribbean Sea on one side and the Atlantic Ocean on the other. Rolling hills, secluded beaches and the gin clear seas ensure you have an unforgettable tropical vacation. “ The Island hospitality is sure to make you feel welcome, the locals really are warm and friendly, and yes, they will wave as you drive by.” Eleuthera

10. Sayle Point Concept Sketch

11. Sayle Point Concept Sketch

13. Brazilian Hard Wood

16. Market Area Definition As an Out Island location, the Resort will likely compete with some of the more established condo hotel resorts in Eleuthera, the Exumas and the Abacos and some emerging luxury resort destinations elsewhere in the Family Islands. The extended competitive market consists of established luxury resort destinations in the greater Caribbean, including Anguilla, St. Maarten, St. Kitts and Nevis, St. Barthelemy and the British Virgin Islands. Visitation The total number of visitors to The Bahamas has remained roughly constant for the last three years at around 4.8m although 2007 saw a small decline. Although there was a 1% decrease in Air & Sea arrivals to Nassau, the Out Islands saw an increase of 17% from 2005-2006 totaling 1.35m. Most of this increase was seen in the northern Bahamas as there are few developments in the south. Stopover visitors from Florida, the biggest producer of stopovers visitors to The Islands of The Bahamas, grew by 4%. Boating Market There has been an increase trending demand for boat slips and an increase in the average slip size required to accommodate the growing number of private vessels in the market. Most notably, world-wide production of yachts 80ft or larger through 2005 has increased at an average annual rate of 14% since 1997, resulting in the completion of 3,600 new yachts. These figures may have decreased slightly in the last year and a half but certainly the boating market remains strong. Increased Demand for Resort-Residence Ownership A survey of the wealthiest ten percent of Americans conducted by the Affluent Americans Research Center shows an increasing desire among high net-worth individuals to own a vacation residence. According to the survey, plans to purchase an existing home as a vacation residence have increased from 4% in the Fall of 2002 to 6.3% in Spring of 2005, representing a 57% increase. The increase in expressed desire to build a vacation home experienced an even greater increase from 2% of respondents in the Fall of 2002 to 4.2% in the Spring of 2005. Despite the general economic slowdown in the nearby United States, sale of vacation homes were continuing due to the strength in the European currencies early this year. However as we all know the world economic climate has changed drastically and the key to a successful development in this environment is careful long term planning. As such the Shareholders of Sayle Point are anticipating the commencement of our marketing program and development to be at the end of 2009 beginning of 2010. Market Analysis

18. Use of Funds Proposed Use of Funds Hard Costs Clearance 50,000 Site construction 600000 Reception and partial Hotel Construction 2000000 Power 200,000 Street Lighting 70,000 Water & Sewerage 300,000 Landscaping & Gates 100,000 Offsite Utilities 25,000 Offsite turn lanes 40,000 Show homes 2 84,600 169200 2 126,900 253800 Hard costs total 3.808,000 3,808,000 Development/ Soft Costs Engineering 60,000 Surveying 10,000 Platting 15,000 Environmental 5,000 Planning & Architecture 75,000 Permits 50,000 land Advance 1,000,000 Marketing 60,000 Contingencies 83,100 Development/ Soft Costs 1,758,100 TOTAL FUNDS (USD) 5,566,100 5,566,100

19. Ocean facing beach opposite Rainbow Bay

20. Architectural Placeholder Images