Trading Stocks
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.
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.
Yes, very nice recovery, great info on the payment, thanks!
new marketing director onboard, Marc Goodman brings to Ecessa over 25 years of relevant experience in the industry. Thomas adds, "Marc's background and understanding of our market will be a great asset to Ecessa as we move forward in strengthening our position in the marketplace. His successful track record and experience in managing global marketing organizations brings a significant capability to Ecessa."
Only 20 mil OS!!!
Outstanding Shares
26,448,943 as of Mar 29, 2002
http://pinksheets.com/pink/quote/quote.jsp?symbol=atccq
Wow, their products are not cheap
SL-55 ShieldLink 55 Includes built-in firewall and VPN Gateway, Supports Remote Services for SL200 IP Concentrator Channel Bonding, 10Mbps capacity, 3 WAN Link Load Balancing $1,995.00
SL-100 ShieldLink 100 Includes built-in firewall and VPN Gateway, Bi Directional 2-15 WAN Link Failover and Load Balancing, 150 Mbps Aggregation, QoS, VPN Failover, 128 Domains $3,495.00
SL-200 ShieldLink 200 Includes built-in firewall and VPN Gateway, IP Concentrator; Channel Bonding up to 4 WAN Links into 1 Virtual Pipe/ 40 Mbps; Stateful Failover; All other SL100 Features $4,495.00
SL-250 ShieldLink 250 Includes built-in firewall and VPN Gateway, Bi Directional 2-15 WAN Link Failover and Load Balancing, 500 Mbps Aggregation, QoS, VPN Failover, 512 Domain, Includes Rackmount $5,495.00
SL-250EHQ ShieldLink 250EHQ with Channel Bonding and Global Mgmt Includes built-in firewall and VPN Gateway, IP Concentrator; Channel Bonding up to 6 WAN Links into 1 Virtual Pipe/100 Mbps; Stateful Failover; All other SL250 features with Global Management Feature Set $6,495.00
UPGRADES
SL-UP-200 Upgrades to SL200 Upgrades SL100 to SL200 $1,095.00
SL-UP-250-CB Upgrades SL250 Upgrades SL250 to a SL250 w/Channel Bonding and Global Management $1,095.00
VSTN merger? French sovereign wealth fund takes stake in Valeo
8:03 AM ET 2/25/09 | Marketwatch
RELATED QUOTES
11:43 AM ET 2/25/09
Symbol Last % Chg
VLEEY
6.00 -0.83%
VC
0.13 -13.33%
Quotes delayed at least 15 minutes
LONDON (MarketWatch) -- France's sovereign wealth fund on Wednesday announced it had taken a stake in French auto parts group Valeo, a firm that has been targeted by a New York investment group pushing for a merger.
The FSI said it's taken an 8.3% stake in Valeo (VLEEY) and has 10.55% of the voting rights.
New York-based Pardus Capital Management, Valeo's top shareholder, has suggested the French firm merge with Visteon (VC), a rival auto parts maker in which Pardus also is the leading shareholder.
Pardus last May agreed not to exercise voting rights above 20% in Valeo and not sit on the board of Visteon or Delphi.
FSI said Valeo is a major European and world auto parts group and said Valeo's position in the sector is strategic.
The move comes as French President Nicolas Sarkozy has been accused of protectionism, notably for trying to get French automakers to lay off jobs only in foreign plants.
Valeo shares climbed 2.9% in Paris trade.
Posted by: pkripper Date: Wednesday, February 25, 2009 12:07:27 PM
In reply to: None Post # of 54
VSTN merger? French sovereign wealth fund takes stake in Valeo
8:03 AM ET 2/25/09 | Marketwatch
RELATED QUOTES
11:43 AM ET 2/25/09
Symbol Last % Chg
VLEEY
6.00 -0.83%
VC
0.13 -13.33%
Quotes delayed at least 15 minutes
LONDON (MarketWatch) -- France's sovereign wealth fund on Wednesday announced it had taken a stake in French auto parts group Valeo, a firm that has been targeted by a New York investment group pushing for a merger.
The FSI said it's taken an 8.3% stake in Valeo (VLEEY) and has 10.55% of the voting rights.
New York-based Pardus Capital Management, Valeo's top shareholder, has suggested the French firm merge with Visteon (VC), a rival auto parts maker in which Pardus also is the leading shareholder.
Pardus last May agreed not to exercise voting rights above 20% in Valeo and not sit on the board of Visteon or Delphi.
FSI said Valeo is a major European and world auto parts group and said Valeo's position in the sector is strategic.
The move comes as French President Nicolas Sarkozy has been accused of protectionism, notably for trying to get French automakers to lay off jobs only in foreign plants.
Valeo shares climbed 2.9% in Paris trade.
Posted by: pkripper Date: Wednesday, February 25, 2009 12:07:27 PM
In reply to: None Post # of 54
Chart
EarthFirst Technologies, Inc.
2515 E Hanna Ave
Tampa, FL 33610
http://www.earthfirsttech.com
Phone: 813 238-5010
E-mail: info@earthfirsttech.com
OTC Market Tier
Pink Sheets No Information
Primary SIC — Industry Classification
3990 - Miscellaneous Manufacturing Industries
State Of Incorporation
FL
Jurisdiction Of Incorporation
United States
Company Officers
John Stanton, CEO, President, CFO
SEC Reporting Status
SEC Reporting Company
CIK
0001056748
Estimated Market Cap
$93,411 as of Mar 9, 2009
Outstanding Shares
186,821,024 as of Mar 25, 2003
Company Notes
Formerly=Toups Technology Licensing, Inc. until 5-00
Transfer Agent
Continental Stock Transfer & Trust Company
17 Battery Place
New York, NY 10004
I picked up some efti today, might take a shot at some IBBD from the bid side!
By todays trading action it appears the MMs are loading now!
Just this, The founder of Serenity Hotels & Resorts LLC is Mr. JayCee James. Mr. James will oversee the day ... The Company was organized by Entrepreneur JayCee James.
The mission of Serenity Hotels & Resorts LLC is to acquire hotel properties throughout southern California marina and business districts
http://www.royalserenity.com/HotelInvestors/main.html
1.0 INTRODUCTION
Serenity Hotels & Resorts LLC, (The “Company”) is a California Hotel Investment Limited Liability Company focused on growing its portfolio of hotel properties, and commercial mortgages collateralized by hotel and resort properties. Serenity Hotels & Resorts LLC is formed around three profit centers in the hotel space:
1) Acquiring luxury hotel properties
The Company focuses its acquisitions in the hotel space, and specifically targets the leisure hotel market. The Company makes acquisitions of properties
from one to three star ratings. Hotel properties are located along California’s waterfront of spectacular bay and ocean views. The Company
focuses on high tourist destination spots, and the major convention center markets of San Diego, Santa Monica, and San Francisco.
2) Purchasing hotels and commercial mortgages collateralized by hotel and resort properties in the secondary trading market at a discount.
Acquiring luxury hotel mortgages in the secondary market allows the acquisition of stable commercial mortgage earnings (Revenue) and conservative capital appreciation backed by the security of real estate property. Purchasing commercial mortgages allows the Company to own a large pool of mortgages without having to operate the actual properties.
3) Converting luxury hotel properties into Condominiums.
Converting hotel properties into Condominiums dramatically impacts our return of equity. A 100 room hotel purchased for $2 million dollars converted into condominiums creates a mortgage pool of 100 individual separate mortgages, allowing the Partnership to place the financing and greatly capitalize on those efforts.
Here is a brief overview of the ways Serenity Hotels & Resorts LLC generates its revenues
Hotel Property Acquisitions
Serenity Hotels & Resorts LLC acquires hotel properties along southern California’s waterfront and within Business Districts. The typical Serenity Hotels & Resorts LLC property ranges from a full-service 350 -1500 rooms, to a limited-service 22 room property. Through our innovative
High Occupancy Program, our management team restructures the room rental mix of acquired hotel properties from 100% daily rentals to 70% daily room rentals (flexible) and 30% weekly room rentals, to stabilize and increase overall occupancy rates and achieve a consistent ADR (Average Daily Rates).
Commercial Mortgage Acquisitions
Purchasing hotel mortgages in the secondary trading market at a discount allows Serenity Hotels & Resorts LLC to own the commercial mortgages loans of luxury hotels and resorts collateralized by hotel and resort properties, without having to operate the actual properties. Acquiring luxury hotel mortgages in the secondary market allows the acquisition of stable commercial mortgages earnings and conservative capital appreciation backed by the security of real estate property.
Luxury Hotel / Condominium Conversions
Converting luxury hotel properties into Condominiums has the most dramatic impact on our return on equity. A 100 room hotel purchased for $2,000,000 dollars converted into condominiums creates a pool of 100 individual mortgages, allowing Serenity Hotels & Resorts LLC to provide in-house financing. It involves selling the hotel rooms and suites to individual purchasers, who usually are families interested in a vacation rental, investment property or Time Share. Hotel / Condominium conversions additionally provide affordable property for individuals and families priced out of the current residential real estate market. The owner of a conversion has complete discretion over the time they occupy their Condo, and receive income from having it rented out to others during periods when they are not using it.
Hotel Condominium features include:
*Rooms are privately owned, and may be rented out to vacationers when the owner is not in residence
*Providing owners with the opportunity to acquire rental income plus own a vacation condo
*A concierge on-duty during the day and evening
*Maid service is offered weekly
*Hotel facilities, such as pools, fitness centers, tennis courts, continue to be operated by the hotel and available for the guests
*On site restaurants and lounges are leased to private operators
Serenity Hotels & Resorts LLC acquisition team ensures all luxury hotels acquired are located in a tourist destination area, with the potential to be successfully developed into condominiums. The hotel operating costs must have the capacity to be significantly reduced, while still ensuring that the guest amenities and facilities will operate at a quality level.
All hotel condos are elegantly furnished and offer luxurious amenities
Rain, the Jaycee James fellow has been busy picking things up, check this out!
Jaycee James Form 3 Filed along with these:
3/9/09 ‘3’ [ re: Cornet Stores 3/9/09 CIUS (Grey Market)
3/9/09 ‘3’ [ re: iBroadband/Inc ] IBBD
3/6/09 ‘3’ [ re: Solar Satellite Communication Inc SSCI
3/6/09 ‘3’ [ re: Fashion House Holdings Inc ] FHHIQ
3/6/09 ‘3’ [ re: Sports Media Inc ] SPTS
3/6/09 ‘3’ [ re: Earthfirst Technologies Inc ] EFTI
New onership as of today, Jaycee James Form 3 Filed along with these:
3/9/09 ‘3’ [ re: Cornet Stores 3/9/09 CIUS (Grey Market)
3/9/09 ‘3’ [ re: iBroadband/Inc ] IBBD
3/6/09 ‘3’ [ re: Solar Satellite Communication Inc SSCI
3/6/09 ‘3’ [ re: Fashion House Holdings Inc ] FHHIQ
3/6/09 ‘3’ [ re: Sports Media Inc ] SPTS
3/6/09 ‘3’ [ re: Earthfirst Technologies Inc ] EFTI
New ownership as of today Jaycee James Form 3 Filed along with these:
3/9/09 ‘3’ [ re: Cornet Stores 3/9/09 CIUS (Grey Market)
3/9/09 ‘3’ [ re: iBroadband/Inc ] IBBD
3/6/09 ‘3’ [ re: Solar Satellite Communication Inc SSCI
3/6/09 ‘3’ [ re: Fashion House Holdings Inc ] FHHIQ
3/6/09 ‘3’ [ re: Sports Media Inc ] SPTS
3/6/09 ‘3’ [ re: Earthfirst Technologies Inc ] EFTI
Look at what else our man has been up to:
He has actully picked up serveral shells:
3/9/09 ‘3’ [ re: Cornet Stores 3/9/09 CIUS (Grey Market)
3/9/09 ‘3’ [ re: iBroadband/Inc ] IBBD
3/6/09 ‘3’ [ re: Solar Satellite Communication Inc SSCI
3/6/09 ‘3’ [ re: Fashion House Holdings Inc ] FHHIQ
3/6/09 ‘3’ [ re: Sports Media Inc ] SPTS
3/6/09 ‘3’ [ re: Earthfirst Technologies Inc ] EFTI
He has actully picked up serveral:
3/9/09 ‘3’ [ re: Cornet Stores 3/9/09 CIUS (Grey Market)
3/9/09 ‘3’ [ re: iBroadband/Inc ] IBBD
3/6/09 ‘3’ [ re: Solar Satellite Communication Inc SSCI
3/6/09 ‘3’ [ re: Fashion House Holdings Inc ] FHHIQ
3/6/09 ‘3’ [ re: Sports Media Inc ] SPTS
3/6/09 ‘3’ [ re: Earthfirst Technologies Inc ] EFTI
+28% today Nice!!
Excellent!!
EMBR +533%
ECCI +25%
ECCI & PHMB volume watch
ZCNW volume alert!
VSTN merger? French sovereign wealth fund takes stake in Valeo
8:03 AM ET 2/25/09 | Marketwatch
RELATED QUOTES
11:43 AM ET 2/25/09
Symbol Last % Chg
VLEEY
6.00 -0.83%
VC
0.13 -13.33%
Quotes delayed at least 15 minutes
LONDON (MarketWatch) -- France's sovereign wealth fund on Wednesday announced it had taken a stake in French auto parts group Valeo, a firm that has been targeted by a New York investment group pushing for a merger.
The FSI said it's taken an 8.3% stake in Valeo (VLEEY) and has 10.55% of the voting rights.
New York-based Pardus Capital Management, Valeo's top shareholder, has suggested the French firm merge with Visteon (VC), a rival auto parts maker in which Pardus also is the leading shareholder.
Pardus last May agreed not to exercise voting rights above 20% in Valeo and not sit on the board of Visteon or Delphi.
FSI said Valeo is a major European and world auto parts group and said Valeo's position in the sector is strategic.
The move comes as French President Nicolas Sarkozy has been accused of protectionism, notably for trying to get French automakers to lay off jobs only in foreign plants.
Valeo shares climbed 2.9% in Paris trade.
Posted by: pkripper Date: Wednesday, February 25, 2009 12:07:27 PM
In reply to: None Post # of 54
VSTN merger? French sovereign wealth fund takes stake in Valeo
8:03 AM ET 2/25/09 | Marketwatch
RELATED QUOTES
11:43 AM ET 2/25/09
Symbol Last % Chg
VLEEY
6.00 -0.83%
VC
0.13 -13.33%
Quotes delayed at least 15 minutes
LONDON (MarketWatch) -- France's sovereign wealth fund on Wednesday announced it had taken a stake in French auto parts group Valeo, a firm that has been targeted by a New York investment group pushing for a merger.
The FSI said it's taken an 8.3% stake in Valeo (VLEEY) and has 10.55% of the voting rights.
New York-based Pardus Capital Management, Valeo's top shareholder, has suggested the French firm merge with Visteon (VC), a rival auto parts maker in which Pardus also is the leading shareholder.
Pardus last May agreed not to exercise voting rights above 20% in Valeo and not sit on the board of Visteon or Delphi.
FSI said Valeo is a major European and world auto parts group and said Valeo's position in the sector is strategic.
The move comes as French President Nicolas Sarkozy has been accused of protectionism, notably for trying to get French automakers to lay off jobs only in foreign plants.
Valeo shares climbed 2.9% in Paris trade.
Posted by: pkripper Date: Wednesday, February 25, 2009 12:07:27 PM
In reply to: None Post # of 54
Yes, we will still Trade if they file BK!
Cool, with this tightly held stock anything value added coming will will move this baby big time, geez today we only have $61,000 market cap, if this Hotel Co comes in I'm thinkinge they could be worth 20+ mil...
outstanding shares on June 17, 1996 was 6,100,081 x .01 =$61,000
(merger?)French sovereign wealth fund takes stake in Valeo
8:03 AM ET 2/25/09 | Marketwatch
RELATED QUOTES
11:43 AM ET 2/25/09
Symbol Last % Chg
VLEEY
6.00 -0.83%
VC
0.13 -13.33%
Quotes delayed at least 15 minutes
LONDON (MarketWatch) -- France's sovereign wealth fund on Wednesday announced it had taken a stake in French auto parts group Valeo, a firm that has been targeted by a New York investment group pushing for a merger.
The FSI said it's taken an 8.3% stake in Valeo (VLEEY) and has 10.55% of the voting rights.
New York-based Pardus Capital Management, Valeo's top shareholder, has suggested the French firm merge with Visteon (VC), a rival auto parts maker in which Pardus also is the leading shareholder.
Pardus last May agreed not to exercise voting rights above 20% in Valeo and not sit on the board of Visteon or Delphi.
FSI said Valeo is a major European and world auto parts group and said Valeo's position in the sector is strategic.
The move comes as French President Nicolas Sarkozy has been accused of protectionism, notably for trying to get French automakers to lay off jobs only in foreign plants.
Valeo shares climbed 2.9% in Paris trade.
Posted by: pkripper Date: Wednesday, February 25, 2009 12:07:27 PM
In reply to: None Post # of 54
Nice close!
Thanks bud! I see a different phone #
Yes it will, and revive tribue stock back over $10
Serenity Hotels & Resorts LLC, (The "Company") is a California Hotel Investment Limited Liability Company focused on growing its portfolio of hotel properties, and commercial mortgages collateralized by hotel and resort properties. Serenity Hotels & Resorts LLC is formed around three profit centers in the hotel space: 1) Acquiring luxury hotel properties The Company focuses its acquisitions in the hotel space, and specifically targets the leisure hotel market. ( www.royalserenity.com )
Hell yea, the deal is supposed to be wraped up this month, watch for volume!!
Serenity Hotels & Resorts Llc
555 17th St, San Diego, CA 92101-7616
Contact Phone: (619) 519-6044
Contact Mr. JayCee James at:
1-619-519-6044
Mr. James recently provided Investment Banking Consultation to a group of five companies; preparing them to go public.
in August 1996, Mr. James founded and launched NetCash, Inc., an internet technologies corporation to process payments over the internet and compete with First Virtual and Cybercash. In 1997 Mr. James sold the company. From 1998 to 2003, Mr. James served his country as a member of the U.S. Navy. In February 2002 in his spare time Mr. James founded Serenity Entertainment, Inc., an entertainment technologies corporation. On June 2, 2003, Mr. James founded and launched the world’s first Music Investment Market. Subsequently Mr. James and his international team received international acclaim by launching the music copyright bidding system DIGICIRC(SM). DIGICIRC(SM) appeared in several notable write ups including Hollywood Reporter Magazine, USA Weekend and listed in the Economist Magazine. In 2004 Mr. James entered the mortgage industry as an Independent Consultant with Express Funding & Realty Co., of San Diego, California where he facilitates commercial and residential mortgage loans. Mr. James recently provided Investment Banking Consultation to a group of five companies; preparing them to go public. In addition, Mr. James formed Serenity Hotels & Resorts LLC in March 2005 to isolate and invest in hotel properties and mortgages. Mr. James has recently completed areas of study in Hotel/Motel Management and Hotel/Motel Front Office Procedures.
You beat me to it!!
The founder of Serenity Hotels & Resorts LLC is Mr. JayCee James. Mr. James will oversee the day ... The Company was organized by Entrepreneur JayCee James.
The mission of Serenity Hotels & Resorts LLC is to acquire hotel properties throughout southern California marina and business districts
http://www.royalserenity.com/HotelInvestors/main.html
1.0 INTRODUCTION
Serenity Hotels & Resorts LLC, (The “Company”) is a California Hotel Investment Limited Liability Company focused on growing its portfolio of hotel properties, and commercial mortgages collateralized by hotel and resort properties. Serenity Hotels & Resorts LLC is formed around three profit centers in the hotel space:
1) Acquiring luxury hotel properties
The Company focuses its acquisitions in the hotel space, and specifically targets the leisure hotel market. The Company makes acquisitions of properties
from one to three star ratings. Hotel properties are located along California’s waterfront of spectacular bay and ocean views. The Company
focuses on high tourist destination spots, and the major convention center markets of San Diego, Santa Monica, and San Francisco.
2) Purchasing hotels and commercial mortgages collateralized by hotel and resort properties in the secondary trading market at a discount.
Acquiring luxury hotel mortgages in the secondary market allows the acquisition of stable commercial mortgage earnings (Revenue) and conservative capital appreciation backed by the security of real estate property. Purchasing commercial mortgages allows the Company to own a large pool of mortgages without having to operate the actual properties.
3) Converting luxury hotel properties into Condominiums.
Converting hotel properties into Condominiums dramatically impacts our return of equity. A 100 room hotel purchased for $2 million dollars converted into condominiums creates a mortgage pool of 100 individual separate mortgages, allowing the Partnership to place the financing and greatly capitalize on those efforts.
Here is a brief overview of the ways Serenity Hotels & Resorts LLC generates its revenues
Hotel Property Acquisitions
Serenity Hotels & Resorts LLC acquires hotel properties along southern California’s waterfront and within Business Districts. The typical Serenity Hotels & Resorts LLC property ranges from a full-service 350 -1500 rooms, to a limited-service 22 room property. Through our innovative
High Occupancy Program, our management team restructures the room rental mix of acquired hotel properties from 100% daily rentals to 70% daily room rentals (flexible) and 30% weekly room rentals, to stabilize and increase overall occupancy rates and achieve a consistent ADR (Average Daily Rates).
Commercial Mortgage Acquisitions
Purchasing hotel mortgages in the secondary trading market at a discount allows Serenity Hotels & Resorts LLC to own the commercial mortgages loans of luxury hotels and resorts collateralized by hotel and resort properties, without having to operate the actual properties. Acquiring luxury hotel mortgages in the secondary market allows the acquisition of stable commercial mortgages earnings and conservative capital appreciation backed by the security of real estate property.
Luxury Hotel / Condominium Conversions
Converting luxury hotel properties into Condominiums has the most dramatic impact on our return on equity. A 100 room hotel purchased for $2,000,000 dollars converted into condominiums creates a pool of 100 individual mortgages, allowing Serenity Hotels & Resorts LLC to provide in-house financing. It involves selling the hotel rooms and suites to individual purchasers, who usually are families interested in a vacation rental, investment property or Time Share. Hotel / Condominium conversions additionally provide affordable property for individuals and families priced out of the current residential real estate market. The owner of a conversion has complete discretion over the time they occupy their Condo, and receive income from having it rented out to others during periods when they are not using it.
Hotel Condominium features include:
*Rooms are privately owned, and may be rented out to vacationers when the owner is not in residence
*Providing owners with the opportunity to acquire rental income plus own a vacation condo
*A concierge on-duty during the day and evening
*Maid service is offered weekly
*Hotel facilities, such as pools, fitness centers, tennis courts, continue to be operated by the hotel and available for the guests
*On site restaurants and lounges are leased to private operators
Serenity Hotels & Resorts LLC acquisition team ensures all luxury hotels acquired are located in a tourist destination area, with the potential to be successfully developed into condominiums. The hotel operating costs must have the capacity to be significantly reduced, while still ensuring that the guest amenities and facilities will operate at a quality level.
All hotel condos are elegantly furnished and offer luxurious amenities
The founder of Serenity Hotels & Resorts LLC is Mr. JayCee James. Mr. James will oversee the day ... The Company was organized by Entrepreneur JayCee James.
The mission of Serenity Hotels & Resorts LLC is to acquire hotel properties throughout southern California marina and business districts
http://www.royalserenity.com/HotelInvestors/main.html
1.0 INTRODUCTION
Serenity Hotels & Resorts LLC, (The “Company”) is a California Hotel Investment Limited Liability Company focused on growing its portfolio of hotel properties, and commercial mortgages collateralized by hotel and resort properties. Serenity Hotels & Resorts LLC is formed around three profit centers in the hotel space:
1) Acquiring luxury hotel properties
The Company focuses its acquisitions in the hotel space, and specifically targets the leisure hotel market. The Company makes acquisitions of properties
from one to three star ratings. Hotel properties are located along California’s waterfront of spectacular bay and ocean views. The Company
focuses on high tourist destination spots, and the major convention center markets of San Diego, Santa Monica, and San Francisco.
2) Purchasing hotels and commercial mortgages collateralized by hotel and resort properties in the secondary trading market at a discount.
Acquiring luxury hotel mortgages in the secondary market allows the acquisition of stable commercial mortgage earnings (Revenue) and conservative capital appreciation backed by the security of real estate property. Purchasing commercial mortgages allows the Company to own a large pool of mortgages without having to operate the actual properties.
3) Converting luxury hotel properties into Condominiums.
Converting hotel properties into Condominiums dramatically impacts our return of equity. A 100 room hotel purchased for $2 million dollars converted into condominiums creates a mortgage pool of 100 individual separate mortgages, allowing the Partnership to place the financing and greatly capitalize on those efforts.
Here is a brief overview of the ways Serenity Hotels & Resorts LLC generates its revenues
Hotel Property Acquisitions
Serenity Hotels & Resorts LLC acquires hotel properties along southern California’s waterfront and within Business Districts. The typical Serenity Hotels & Resorts LLC property ranges from a full-service 350 -1500 rooms, to a limited-service 22 room property. Through our innovative
High Occupancy Program, our management team restructures the room rental mix of acquired hotel properties from 100% daily rentals to 70% daily room rentals (flexible) and 30% weekly room rentals, to stabilize and increase overall occupancy rates and achieve a consistent ADR (Average Daily Rates).
Commercial Mortgage Acquisitions
Purchasing hotel mortgages in the secondary trading market at a discount allows Serenity Hotels & Resorts LLC to own the commercial mortgages loans of luxury hotels and resorts collateralized by hotel and resort properties, without having to operate the actual properties. Acquiring luxury hotel mortgages in the secondary market allows the acquisition of stable commercial mortgages earnings and conservative capital appreciation backed by the security of real estate property.
Luxury Hotel / Condominium Conversions
Converting luxury hotel properties into Condominiums has the most dramatic impact on our return on equity. A 100 room hotel purchased for $2,000,000 dollars converted into condominiums creates a pool of 100 individual mortgages, allowing Serenity Hotels & Resorts LLC to provide in-house financing. It involves selling the hotel rooms and suites to individual purchasers, who usually are families interested in a vacation rental, investment property or Time Share. Hotel / Condominium conversions additionally provide affordable property for individuals and families priced out of the current residential real estate market. The owner of a conversion has complete discretion over the time they occupy their Condo, and receive income from having it rented out to others during periods when they are not using it.
Hotel Condominium features include:
*Rooms are privately owned, and may be rented out to vacationers when the owner is not in residence
*Providing owners with the opportunity to acquire rental income plus own a vacation condo
*A concierge on-duty during the day and evening
*Maid service is offered weekly
*Hotel facilities, such as pools, fitness centers, tennis courts, continue to be operated by the hotel and available for the guests
*On site restaurants and lounges are leased to private operators
Serenity Hotels & Resorts LLC acquisition team ensures all luxury hotels acquired are located in a tourist destination area, with the potential to be successfully developed into condominiums. The hotel operating costs must have the capacity to be significantly reduced, while still ensuring that the guest amenities and facilities will operate at a quality level.
All hotel condos are elegantly furnished and offer luxurious amenities
JayCee James, V.P. Investor Relations
Twilight Healthcare, Inc.