Starfleet Innotech Inc (SFIO)

[BVbuilder]

From the Q2 fins.

On the 24th of November 2021, the Company has signed a Joint Venture agreement with RIZHLE Construction and Development Corporation, based in the Philippines. The business of the Joint Venture shall be to exclusively execute and manage the construction of all the real estate projects of the Company within the Montemaria Estate in the province of Batangas, Philippines, including but not limited to the five- tower hotel development of ‘The Lombard by the Bay’ (ongoing) and the eight-tower condotel development as part of the Omnicor project, both within the Montemaria Estate.

If you look up Montemarie site you will see it is a pilgrimage site. To have 13 towers there in 2 projects on that area is huge. Go to google earth to see what’s there. In the Philippines presellling begins before construction. Preselling is scheduled to stare next month. They already have a group that wants to buy an entire floor.

Their are more Moraya projects in the fins too.