Window Rock Capital Announces the Commencement of Pre-selling in Belize
HOUSTON, Jan. 24, 2006 (PRIMEZONE) -- Window Rock Capital Holdings, Inc. (Pink Sheets:WRKC), a real estate asset development company, announced the commencement of pre-selling the Belize development, according to the terms of the development plan, which has been approved by local authorities and registered on its title. Mesa Resort Development Corporation has signed a contract to acquire the 1,845-acre property on the Caribbean coast of Belize. Window Rock Capital has signed an agreement with Mesa to develop the property.
The Caribbean property is located on the mainland of Belize, twenty miles south of Dangriga, and ten miles north of Placencia. It is bordered on the south by the South Stann Creek River. To the north, it is bordered by the Sapodilla Lagoon. The total acreage includes 700 acres of sub-tropical rainforest, set-aside for eco-tourists. The barrier reefs attract scuba diving enthusiasts from around the world. The property has an incredible beachfront location in the hot spot of the Caribbean and has been appraised for $6.5 million USD.
Charles Shirley, CEO of Window Rock, stated, "We look forward to working cooperatively with Mesa to develop the Belize property. We have started pre-selling and we have taken several orders for one-bedroom suites already. We are quite excited by the positive reaction that we already have experienced to our fractional ownership program."
About Window Rock Capital Holdings, Inc.
Window Rock Capital Holdings, Inc. is in the real estate development business. Window Rock brings together developers, architects, and investors to establish a unique real estate platform in the U.S., Asia, and Latin America. The Company handles the logistical differences between developing real estate in the U.S. and abroad, offering a consistent package of services, creating profitable ventures supported by alliances with international companies.
Window Rock Capital has strategic alliances and collaborative contacts with various companies in the planning, study, development and construction sectors, legal and juridical international assistance, and access to the complex financial world of investment. Therefore, the Company has also developed relationships with hotel operators, retail, and commercial business and amusement and recreation companies. The Company is currently developing projects in Ohio, Louisiana and Belize. Please visit www.windowrockcapital.com for more information.
Forward Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Window Rock Capital Holdings, Inc., please refer to its Web site at www.windowrockcapital.com
CONTACT: Window Rock Capital, Inc.
Charles R. Shirley
(832) 225-1372
charles@windowrockcapital.com
Investor Relations
Robert Bleckman
(713) 521-2147
robertbleckman@sbcglobal.net
Source: PrimeZone (January 24, 2006 - 11:57 AM EST
