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Re: Esva post# 3532

Wednesday, 05/04/2011 8:29:05 AM

Wednesday, May 04, 2011 8:29:05 AM

Post# of 61240
$MSMY ~ NEWS OUT THIS MORNING:

MC Endeavors Board Member U.S. Ambassador Lewis Lucke Returns from Haiti with New Insights & Rededication:

Popular New Haiti President Michel Martelly and his Cabinet to be Installed on May 16th...

Press Release Source: MC Endeavors, Inc. On Wednesday May 4, 2011, 8:08 am

http://finance.yahoo.com/news/MC-Endeavors-Board-Member-US-bw-2625333633.html?x=0&.v=1

AUSTIN, Texas--(BUSINESS WIRE)-- MC Endeavors, Inc. (PinkSheets: MSMY) Board Member and Director U.S. Ambassador Lewis Lucke returned from Haiti and reflected on the current status of the West Indies nation:

“Not a lot of good news normally comes from Haiti, particularly in the wake of last January's horrific earthquake, but some perspective is needed. The world hurried to respond to Haiti's urgent and immediate need for emergency and humanitarian assistance and now Haiti needs to focus on its longer-term recovery and reconstruction. That reconstruction assistance has in my view moved far too slowly, even though to some extent this is understandable given the doubts about the political stability surrounding the first stage of Haiti's flawed first round of elections last November-December. But the second electoral round went much smoother with a clear Presidential victor in Michel Martelly won the Presidential Election with 67.57% of the votes. That resulting political stability gives hope not only for a new and better Government of Haiti but also that reconstruction funds will begin to flow more effectively. While Haiti is still broken, this is a time of renewed hope and optimism.”

Ambassador Lucke went on to say that, “Much remains to be done in Haiti. Probably 80% of the earthquake debris remains in place and as many as 700,000 people are still in tents and under tarps. This is unacceptable. Clearly, two of the biggest challenges facing Haiti are a comprehensive community-based program of debris removal and a focus on permanent, affordable and rapidly built housing. Haiti must also concentrate to create agriculture-based rural enterprise both as an economic engine and to create economic opportunity for rural people who would otherwise crowd into an already densely populated Port au Prince. The key to Haiti's recovery must be in the hand of Haitians themselves. The focus of reconstruction must be on Haitian enterprises, Haitian workers and Haitian leaders leading the charge for Haiti and Haitians. Haitians work hard and are capable people. The role of Haiti's friends in the international community is helping Haiti help itself.”

MC Endeavors CEO Tim Algier emphasized that, “Ambassador Lucke was the former U.S. Response Coordinator for the Haiti earthquake who led the United States’ relief and recovery program. His insights and on-the-ground experience in Haiti will give us the opportunity to really make a difference in both addressing the homeless situation and helping Haitians build a new economy.”

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