InvestorsHub Logo
Followers 23
Posts 402
Boards Moderated 0
Alias Born 03/10/2015

Re: Vrameur post# 6998

Thursday, 06/04/2015 3:49:44 AM

Thursday, June 04, 2015 3:49:44 AM

Post# of 66043
This will come to pass soon as well:

"Our overall planning approval process is coming along quite within our forecast. We are now in final approval stages. We expect to have a completely approved project within 60 days, at which time we will be able to present the project to local banks for 90% LTV construction and FF&E debt financing. We are very excited about this project, since we will be the first new hotel to attend the 'Orinoco Oil Belt.'"

This would be a very good piece of news.