Carefree Group Inc (CRFU)

[youhavenoidea]

i bet they put a small down payment and it's mortgage to the hilt..huge paymemts like most of if not all of their inventory .

UNREAL!!!

Synesi, Inc. Announces Carefree Elite Acquisition of Hamptons, NY Property
Synesi, Inc. (Pink Sheets:SYNS) announced that its subsidiary, Carefree Elite, Inc. has executed a definitive purchase agreement to acquire an additional New York property in East Quogue. The five bedroom Hamptons property is valued at $2.8 Million.

“We are excited to add this Hamptons property to our portfolio of luxury residences in destination locations. Also, we anticipate the announcement of more such acquisitions in desirable destinations that appeal to our elite clientele,” said Synesi President Anthony Marotta.

About Synesi, Inc. and Carefree Elite: Carefree Elite® is the undisputed leader in the destination club marketplace that meticulously caters to an elite clientele, and consistently delivers an unsurpassed experience of luxury in accommodation, entertainment, and concierge services creating the ultimate experience.

For more information visit www.carefreeelite.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.


Carefree Elite, Inc., New York
Investor Relations
Edgar Ward, 1-866-800-1007
[e-mail]
www.carefreeelite.com




Source: Business Wire (September 20, 2007 - 6:53 AM EST)

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