2. • 1932 – purchased light house from
Germany
• 1952 – Main house joined the lighthouse
• 1988 - Kelsey wanted to redirect river
• 2001 – Construction on visitor center,
hotels, convention center, and spa.
• 2004 – Opened for customers

3. • Initial Public Offerings used for
companies wanting to raise its
capital
• going public is having the company
listed

4. • Selling of a company’s stock can be risky
• going public too soon
- cash problems
- fast growth
• The rush to the stock market may expose the
company to pressures they are unprepared to
face.

5. • 1600 acres for the resort to use,
• 50 acres for the spa,
• 25 for the main house
• 125 for the botanical gardens
• 350 of the acres for the wild life preserve
• Going public through a foreign company
•United States builds a relationship with its market
makers
•American investors
•great volume of customers
•tax incentives

6. • weather problems
• bad referrals
• merger- very expensive
• Acquiring other resorts - a threat to
income and budget