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Friday, 11/27/2015 1:09:56 PM

Friday, November 27, 2015 1:09:56 PM

Post# of 6067
On October 8 they said they came to an agreement in principle with a global hotel management company for their hotel project in Santo Antao that is being partially financed by Caixa Economica Cabo Verde. The company is developing in the Republic of Cabo Verde on the island of Santo Antao. The site is over 60,000 sq.m. Definitive documentation is expected to be signed in the next few days and will include details of the commercial terms, that reflect Cabo Verde Capital Inc. business practice built on a platform of de-risk and exit strategy in their projects through lease agreements.

On November 5 CAPV issued an 8k announcing the cancellation of 246,750,000 common shares bringing the current level of outstanding shares down to about 53 million. According to the 8k the Company returned to the transfer agent the certificates for, and cancelled, 246,750,000 outstanding shares of common stock. Following the cancellation of these shares, the Company has 53,056,005 shares of common stock outstanding at the close of business November 5, 2015.

This article was written on 24 Nov. "Documentation is expected to be signed in the next few days"... IMO we see a PR next week.
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