Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$ILAL Chairman of International Land Alliance Issues New Year's Open Letter to Shareholders
https://www.globenewswire.com/news-release/2023/01/10/2586102/0/en/Chairman-of-International-Land-Alliance-Issues-New-Year-s-Open-Letter-to-Shareholders.html
SAN DIEGO, CA, Jan. 10, 2023 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL), (“ILA” or the “Company”), an international land investment and development firm, announced today, the following open letter to its shareholders from Chairman Roberto Valdes.
To Our Valued Shareholders:
First and foremost, we would like to express our gratitude to all our shareholders for their continued support of the Company. The leadership team at the Company endeavor to communicate important corporate events and activities. We welcome this opportunity to share our thoughts and insights as to the past year and our plans going forward.
The year 2023 will mark the beginning of a new chapter for International Land Alliance, Inc as we have completed the acquisition of the remaining 75% interest of Rancho Costa Verde (“RCV”) and now owns 100% and is operating as a wholly-owned subsidiary.
This Company acquired the remaining 75% interest in RCV for $13.5M for a combination of debt and equity. This is an accretive acquisition that met the Board of Directors’ investment criteria.
RCV is a profitable 1,100-acre, 1,200-lot master planned community in Baja California, located roughly eight kilometers north of the Company’s Oasis Park Resort on the Sea of Cortez. For more information about this green off-grid community, we invite you to visit: www.ranchocostaverde.com To date, RCV has sold over 1,000 residential lots and built 55 single-family homes with 34 under construction. This is in addition to a completed boutique hotel and clubhouse.
For the 12 months ended December 31, 2022, RCV has sold 67 residential lots (starting with 6 lot sales in Q1 and accelerating through December and regaining sales momentum to pre-covid levels), generating almost $7M in gross revenues (roughly $2,200,000 in lot sales and commenced signing contracts to begin construction on another 22 single family homes for roughly $4.5M).
The Company has scheduled its first sales tour to RCV this weekend and will continue to sell the remaining inventory of approximately 200 lots for estimated gross sales of $6M and sell construction services to current 900-lot owners for estimated gross sales of $180,000,000 (estimated at $200,000 per home). As the land cost and majority of sales and marketing costs are recognized in the lot sales, we see significantly higher margins in the ongoing home construction.
Further, RCV has also expanded its real estate holdings with one large parcel in escrow that will add 200 acres. This new phase will have gross potential lot sales of approximately $6,000,000 and in excess of $40,000,000 in construction revenue.
Just as important as the financial aspects of this transaction, the Company will be adding personnel in engineering, construction, as well as key new officers, Michael Cresci and Robert Rios, as well as an established network of over 50 real estate agents throughout California.
Michael Cresci, V.P Sales
Mr. Cresci has over 40 years of experience in sales and marketing management of master-planned communities and over 15 years of recent experience with master-planned communities in Baja California, Mexico. Mr. Cresci is co-founder and president of R-MAC which produced over $500,000,000 in Baja California real estate sales volume within ten years. Mr. Cresci’s educational background includes a Bachelor of Marketing and Finance degree from the University of San Francisco. Mr. Cresci holds a California Real Estate Salesperson License, a Nevada Real Estate Broker License, and an Arizona Real Estate Broker License.
Robert R. Rios. V.P. Marketing
Mr. Rios has over 30 years of experience in sales and marketing management of master-planned communities and over 15 years of recent experience with master-planned communities in Baja California, Mexico. Mr. Rios is co-founder and executive vice-president of R-MAC which produced over $500,000,000 in Baja California real estate sales volume within ten years. Mr. Rios is an accomplished public speaker and real estate sales trainer. Mr. Rios holds a California Real Estate Salesperson License, a Nevada Real Estate Broker License, and an Arizona Real Estate Broker License.
Mr. Cresci and Rios will be instrumental in deploying similar sales and marketing initiatives for the Company’s other projects, along with the recently announced mortgage division.
The mortgage division is in place and is currently in the funding process through a newly-formed series of preferred stock. The Company believes its immediate capital requirements will be met through current funding initiatives, including this preferred financing. This division will provide financing to U.S. citizens for finished homes and construction financing at our communities in Baja California, Mexico. This type of financing has not been available to U.S. citizens in the past. This is important to the Company since our primary target market is U.S. citizens. The Company currently has a significant number of clients and homes qualified for this financing. We expect to close our first home financing contract in Q1 2023.
At our Plaza Bajamar community, located within the internationally renowned Bajamar Ocean Front Hotel and Golf Resort, we recently held our first open house at our completed Merlot model home. The Bajamar Ocean Front Golf Resort is a master-planned, guarded and gated wine and golf community located 45 minutes south of the San Diego-Tijuana Border along the scenic toll road to Ensenada on the Pacific Ocean. Phase I will include 22 “Merlot” 1,150 square-foot single-family homes that feature two bedrooms and two baths. The home includes two primary bedroom suites – one on the first floor and one upstairs, as well as fairway and ocean views from a rooftop terrace. The Merlot villas will come with an optional installation of solar packages, as they are built with truly sustainable construction in mind. Planned amenities include a pool, wellness, and fitness center, and office space. During the year-end 2022, the Company sold another 3 villas at an average price of $225,000 with revenue expected to be recognized in Q1 2023. Plaza Bajamar represents almost $20 million in gross sales opportunity for the 80-unit project.
Please visit: https://ila.company/plaza-at-bajamar/
At Valle Divino, our eco-friendly development directly across the road from Plaza Bajamar in Ensenada, we completed construction of the clubhouse, wine tasting room, and sales office and started construction on the first two model homes. We had our Grand Opening in June 2022 and commenced onsite tours. Residential lot prices at Valle Divino start at $49,000 and the completed 1BR/1BA solar-powered homes start at $99,000 with 2BR/2BA starting at $119,000. Phase 1 of the development includes 187 homes. For year-end 2022, we had 14 pre-sales – revenue expected to be recognized in Q1 of 2023. At an average of $110,000 per completed home, this represents over $70,000,000 in gross sales opportunity for the 650-homesite project.
Please visit: https://ila.company/valle-divino-resort/
At Oasis Park Resort, located just 8 km south of Rancho Costa Verde, we have already pre-sold 75 of the 1,344 planned residential lots in the community to initial stakeholders. We resumed Phase I construction at Oasis Park and to date, we have completed the entryway structure, the initial stages of the two-mile main road from the highway to the Sea of Cortes, finalization of the design of the first phases of the master plan, and initial beach grading. We expect to complete the finishes on the entryway, move forward with the clubhouse and model home construction in Q1 2023. This represents over $30,000,000 in gross lot sales potential, followed by over $75,000,000 in gross potential construction revenue. We expect to have the Grand Re-Opening in Q1 2023 and will commence onsite sales tours.
Please visit: https://ila.company/oasis-park-resort/
Huge news today fwiw, just saw it $ILAL
Red chips stock is restricted for 12 months. Unless you are not able to read filings. Added more.
What’s red chip doing besides dumping 60k shares a day into the bid? SMH
Still holding and still adding off and on
Ok. You can sign on to www.redchip.com now! They look good actually
Ok. You can sign on to www.redchip.com now! They look good actually
New all time low on enormous selling $ILAL
It’s telling me red chip is a phishing scam website and blocks me from going any further to their site. Idk maybe try a different browser?
you cant sign on to www.redchip.com for some reason. And we should find out if these guys take tons of free shares for payment for helping these OTCs. i bet they do though
when you google redchip or www.redchip.com, it doesnt even open the page cause it says this could be a risky connection. is this even a valid company?
$ILAL International Land Alliance Engages RedChip Companies to Lead Investor Relations Efforts
https://www.globenewswire.com/news-release/2022/10/11/2531749/0/en/International-Land-Alliance-Engages-RedChip-Companies-to-Lead-Investor-Relations-Efforts.html
SAN DIEGO, CA, Oct. 11, 2022 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL), (“ILAL” or the “Company”), an international land investment and development firm, is pleased to announce that Company management has signed an agreement to engage RedChip Companies (“RedChip”) to lead its investor relations efforts.
"We are thrilled to begin working with RedChip as we take our business to the next level," ILAL president Frank Ingrande said. "After evaluating what each potential candidate brought to the table, the management team agreed that RedChip was the right fit to help increase our visibility amongst investors. Their team has an impeccable reputation and a multi-decade track record of results. We look forward to a beneficial relationship that broadens our shareholder base and effectively communicates our exciting story to the investment community.”
RedChip is a world leader in investor relations, financial media, and research for microcap and small-cap stocks. Founded in 1992, and headquartered in Orlando, Florida, with affiliates in New York and Pittsburgh, RedChip has helped hundreds of companies achieve their capital markets goals and currently represents more than 50 emerging growth companies.
“International Land Alliance’s proven business model capitalizes on attractive market dynamics that provide a compelling investor value proposition,” said Dave Gentry, CEO of RedChip. “We look forward to introducing ILAL to our vast network of investors.”
RedChip’s unique platform combines traditional investor relations services with multi-media marketing, including social media and email marketing, as well as a weekly TV show, the RedChip Money Report®, which airs on Bloomberg at 7 p.m. ET every Saturday. RedChip’s traditional investor relations platform includes retail and institutional roadshows in major U.S. cities, press release writing, strategic counsel, management of quarterly conference calls, script writing, power-point presentation development, and more.
How much you down master bag holder lmao
Your money is gone forever lol
What do you see in any of the filings here that could remotely warrant a NASDAQ up listing lol
Get back to work Sunstein, iHub not for you
Definitely looks like this is heading for NASDAQ.. $2 to .10 in the past year lolzzz
Oh boy looks like Sunstein hitting the bottle and jumping on iHub hahahaha
As somebody that has actually taken companies public and involved in the pubic market for my entire career, I can honestly say - YOU ARE AN IDIOT. Better known as a "troll". You do not own this stock. You are not short this stock. You have never attempted to do anything of any significance. So, you simply sit in your mother's basement "sniffing glue" with nothing better to do. I own this stock, I own a lot at their Oasis project and bought more stock this week. Do you have any idea what kind of background checks are done by the broker-dealer that took them public, SEC, FINRA, NASDAQ, ILAL's investment banker HC Wainwright, their institutional investors, ILAL's SEC attorney and PCAOB independent auditor? Of course you don't. You have never been anywhere close to knowing that. Sunstein co-founded this company, took it public and the ILAL team raised $2M last year through HC Wainwright via SEC registration, along with a pending NASDAQ application. Sunstein has bought almost $1M in the open market to date (as filed with the SEC), over last few years loaned the company over $1M (you can see that in the financials, as filed with the SEC), personally guaranteed the mortgage for ILAL's Emerald Grove mortgage for almost $2M (you can see that in the financials, as filed with the SEC) - all while taking no salary. If this is a fraud - I wish all of my other OTC investments had "fraud" at the helm.
Don’t be a glue sniffer, ILAL IS FRAUD
$ILAL International Land Alliance Announces Sales at Recent Open House at Rancho Costa Verde
https://www.globenewswire.com/news-release/2022/09/29/2525114/0/en/International-Land-Alliance-Announces-Sales-at-Recent-Open-House-at-Rancho-Costa-Verde.html
ILA President Also Announces 50% Growth Projection With New Finance Division
SAN DIEGO, CALIFORNIA, Sept. 29, 2022 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILA” or the “Company”), an international land investment and development firm, announced another strong open house at its Rancho Costa Verde (“RCV”) development on Sunday, September 25, 2022. The RCV team sold 10 residential lot sales for gross sales of $400,000 and accepted six new contracts, which is in excess of $750,000 in gross construction revenue.
“Despite challenging market conditions in the U.S., we are seeing better than expected sales,” said ILA president Frank Ingrande. “More importantly, over the last few months we have higher than normal closing ratios for on-site closings. This is especially positive, as the summer months have traditionally been slightly less than average.”
The Company continues to be aggressive with its sales and marketing strategies despite the lag in new home sales that are plaguing other builders across the continent. Ingrande sees opportunity to capitalize in this down market by utilizing a “tried and true” promotional method.
“We host weekly dinner presentations throughout California to showcase our developments and seeing full attendance,” Ingrande added. “We follow presentations by bringing our potential buyers to San Felipe every other week and continually reach almost full capacity for each tour.”
RCV is a profitable developer 1,100-acre, 1,400-lot master planned community in Baja California, located roughly 8KM north of the Company’s, Oasis Park Resort, on the Sea of Cortez. For more information about this green off-grid community, please visit: www.ranchocostaverde.com
On the heels of the previously announced $5 million preferred stock offering, which will be utilized to form a mortgage division, Ingrande offered shareholders and potential investors projections as a result of the closing of this placement.
“To date, the Company’s sales have been completed primarily in cash, as traditional mortgage financing is not available to our U.S. buyers, which comprise over 90% of our purchasers” Ingrande said. “With the ability to offer financing, we should see gross sales increase by more than 50%. With a 30% down payment, this would generate over $7 million in construction sales.”
RCV has over 1,000 residential lots sold and Ingrande noted the Company is seeing a huge backlog of demand for homesite owners to begin construction with the advent of the financing division.
Man you are getting killed on this one
Lmao. Nice trade how much ya down
Glue sniffers getting wrecked again today $ILAL
Only glue sniffers could trust criminal Sunstein and buy this scam imo $ILAL
You got wrecked by Sunstein
FBI and SEC have been sent BOATLOADS of documents/info on this scam imo
Did I not tell you for months SUNSTEIN FOR PRISON?
yep, 90% sells so far,, pretty ugly.....
Today's buy volume was over 92k, or over 81%. $ILAL
All dumps after closing massively red the day prior lmao, you clowns are too funny on here
$ILAL. I see strong green volume off of yesterdays news..
I see over 30k in DUMPS
$ILAL Looks like some nice buys hitting this morning..
$ILAL News out yesterday is a lot bigger then people realize in my opinion… thinking people will soon be kicking themselves for not taking a position..
OTC DISCLOSURE & NEWS SERVICE
International Land Alliance Announces $5 Million 506 (c) To Launch New Mortgage Division
Press Release | 09/20/2022
- Company to raise $5 Million Via 506(c) By Issuing Preferred Stock
https://www.otcmarkets.com/stock/ILAL/news/story?e&id=2328046
HUGE RED DAY hahahaha
The offer is for preferred stock not common stock
Agreed..on whale watch here..
Agreed..on whale watch here..
0 people on this planet believe that scam news hahahaha
I remember you also saying Sunstein told you the same “banks value us at $8+!!!” Or whatever the number was he pumped you on. This is criminal imo and has been documented + reported.
The amount of times Sunstein told me “I have all the documents here! Big banks value us at $15 a share already!” Then he proceeds to never public state this for over 4 years. This was all sent to the SEC + FBI
SUNSTEIN FOR PRISON
I believe it’s a convert price… when converted it’ll equal about .05-.10 a share on the commons
Sunstein will say the bank told us we’re worth $331 a share!!!!! But I can’t share that info with anybody
ok. please call Jason S. and ask whats up with that $100 PP?
lol yes it IS a typo. Noone in their right mind will do a $100 PPS PP for a .20 stock lololol. come on. maybe they meant $.10?
Followers
|
43
|
Posters
|
|
Posts (Today)
|
2
|
Posts (Total)
|
2049
|
Created
|
03/09/19
|
Type
|
Free
|
Moderators |
|
Oasis Park Resort is the Company’s flagship property, consisting of a 497-acre master-planned beachfront community with picturesque mountain views, located just south of San Felipe, Baja California on the Sea of Cortez, one of the world’s most prolific salt-water habitats. There are approvals to sell up to 1,344 residential home sites approximately ¼-acre each with starting prices of $49,000. In addition to residential lots, there is a planned boutique hotel, timeshare/vacation club, special commercial center and nautical center with boat launch and fishing marina. The Oasis Park Resort is a self-contained solar powered green community that takes advantage of the advances in solar power and green technology.
WEBSITE please visit:
https://ila.company/
Latest News
7/27/21 International Land Alliance Announces $2.0 Million Private Placement
https://www.otcmarkets.com/stock/ILAL/news/International-Land-Alliance-Announces-20-Million-Private-Placement?id=313326
7/22/21 International Land Alliance Issues Shareholder Letter
https://www.otcmarkets.com/stock/ILAL/news/International-Land-Alliance-Issues-Shareholder-Letter?id=312776
7/12/21 International Land Alliance Announces Sales Results at Rancho Costa Verde
https://www.otcmarkets.com/stock/ILAL/news/International-Land-Alliance-Announces-Sales-Results-at-Rancho-Costa-Verde?id=311102
6/30/21 International Land Alliance Establishes Sales and Distribution Channels for CBD Hemp Operations, for a potential monthly revenue of $62,500
https://www.otcmarkets.com/stock/ILAL/news/International-Land-Alliance-Establishes-Sales-and-Distribution-Channels-for-CBD-Hemp-Operations?id=309301
6/22/21 International Land Alliance Resumes Construction at Oasis Park Resort, Company Anticipates Over $60 Million in Gross Lot Sales
https://www.otcmarkets.com/stock/ILAL/news/International-Land-Alliance-Resumes-Construction-at-Oasis-Park-Resort?id=308294
6/14/21 International Land Alliance Completes Successful First Harvest from Indoor CBD Hemp Operations
https://www.otcmarkets.com/stock/ILAL/news/International-Land-Alliance-Completes-Successful-First-Harvest-from-Indoor-CBD-Hemp-Operations?id=307061
6/9/21 International Land Alliance Announces Sales Momentum at Portfolio Developments
https://www.otcmarkets.com/stock/ILAL/news/International-Land-Alliance-Announces-Sales-Momentum-at-Portfolio-Developments?id=306549
6/1/21 International Land Alliance Commences Construction Financing Fund at Rancho Costa Verde Development
https://www.otcmarkets.com/stock/ILAL/news/International-Land-Alliance-Commences-Construction-Financing-Fund-at-Rancho-Costa-Verde-Development?id=305418
5/25/21 International Land Alliance and CleanSpark Provide Community Microgrid Update
https://www.otcmarkets.com/stock/ILAL/news/International-Land-Alliance-and-CleanSpark-Provide-Community-Microgrid-Update?id=304530
MEXICO'S Wine Region is gaining Popularity!
https://coolhunting.com/food-drink/wineries-in-valle-de-guadalupe-mexico/
8 Reasons Mexico is America's Favorite Place to Retire Abroad
https://money.usnews.com/money/blogs/on-retirement/articles/2017-10-24/8-reasons-mexico-is-americas-favorite-place-to-retire-abroad
The little-noticed surge across the U.S.-Mexico border: Americans heading south
https://www.seattletimes.com/nation-world/the-little-noticed-surge-across-the-u-s-mexico-border-americans-heading-south/
Recent Insider Buys
4/29/21 Form 4 https://www.otcmarkets.com/filing/html?id=14906061&guid=AqlnUeTzDw2jqth
4/5/21 Form 4 https://www.otcmarkets.com/filing/html?id=14852417&guid=CMtpUqSU23k7-yh
3/15/21 Form 4 https://www.otcmarkets.com/filing/html?id=14799251&guid=0AeaUFrrYvTFFth
3/4/21 Form 4 https://www.otcmarkets.com/filing/html?id=14774882&guid=El8aUWElWRaAQ3h
2/25/21 Form 4 https://www.otcmarkets.com/filing/html?id=14744516&guid=7yYaUpU9HzSlMth
2/18/21 Form 4 https://www.otcmarkets.com/filing/html?id=14723355&guid=13XaUn70uLUil3h
2/12/21 Form 4 https://www.otcmarkets.com/filing/html?id=14702412&guid=13XaUn70uLUil3h
2/10/21 Form 4 https://www.otcmarkets.com/filing/html?id=14691233&guid=13XaUn70uLUil3h
2/9/21 Form 4 https://www.otcmarkets.com/filing/html?id=14518527&guid=13XaUn70uLUil3h
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |