B: Grand Lux Inc: Grand Lux Inc. (OTC.PK: GRDL) today announced that it has sign d a letter of intent to purchase Emerald Bay Developments. ( M2 PRESSWIRE )
May 18, 2004 (M2 PRESSWIRE via COMTEX) -- Emerald Bay Developments is a Caribbean based real estate company with a number of real estate development projects in the Caribbean at the present time.
Emerald Bay Developments also brings to the table a management team that is highly skilled and professional.
Emerald Bay will be purchased for shares in Grand Lux Inc. and become the Real Estate development operating arm for Grand Lux Inc. within the Caribbean Region. These projects will include both resort development projects as well as high end condominium projects. Grand Lux believes that resort development alongside proposed Marina Developments by Grand Lux, will be extremely beneficial and profitable.
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