MultiCorp International Inc (MCIC)

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News for 'MCIC' - (MultiCorp International, Inc Update On Dawson Creek Development Progress Appraisal of Property comes in at $10.7/$24 Million Dollars)


SUN VALLEY, Calif., March 11, 2013 /PRNewswire via COMTEX/ -- MultiCorp
International, Inc, (OTC Pink: MCIC) has received an official appraisal on the
Dawson Creek property currently in the final stages of escrow of $10.7 million
current market value as farmland with a $24 Million dollar comparative value
once the property has the roads and servicing in place.

The company released the following statement, "MultiCorp International, Inc
received a valuation of $10.7 Million for the property, (currently zoned for
farmland) with a comparative valuation of approximately $24 Million once the
roads and services are factored in and the property is rezoned for
Commercial/Light Industrial. Our preliminary plans for the development of the
property have been well received and pending our final approval from the city
and highway commission, we expect to be able to close on the property and begin
construction on the property in 60-75 days, weather permitting. Once the hotel
and other businesses MultiCorp develops are in full operation by the end of
2013, yearly gross revenues are expected to exceed $40 million plus per year",
stated Mr. Paul D. Lisenby, CEO of MultiCorp International, Inc. "A key
component to our planning phase has been to work closely with our new investment
partner, Future Energy, LLC to create several renewable energy components to the
property. The company plans to dedicate 15 acres of land to be used for a
solar/wind farm that will be able to generate in excess of 3 megawatts of power.
In addition, the current plans call for adding solar and wind components to all
of the buildings in order to lower the carbon footprint of our development in
Dawson Creek and deliver sufficient power to the businesses anticipated for the
property."

Jason Sabol, President of Future Energy, LLC, stated, "Our investment into
MultiCorp is already paying dividends to the company. The solar/wind farm on the
truck stop property allows us an entrée into the Canada renewable energy sector.
The Dawson Creek project alone will cover our investment into MultiCorp and with
the other projects MultiCorp has slated for Canada and other parts of the world,
we're extremely confident our business will grow substantially over the next
five to ten years."

About MultiCorp International, Inc.

MultiCorp International, Inc is a diverse company that operates in various
business sectors that show true growth potential. The company builds on its
executives experience in property development, constructions, medical,
hospitality, agribusiness, commodities such as oil and gas, and entertainment.
MultiCorp currently has several wholly owned subsidiaries such as Rivalz Sports
Group, Inc which operates 810 AM WRSO Sports Radio in Orlando, FL
www.810wrso.com and JoyFull Genius, Inc., www.joyfullgenius.com. The company is
currently developing a 157 acre project in Dawson Creek, BC, Canada that will
include a full service truck stop, hotel, motels, restaurants, and light
industrial and commercial businesses. The company looks to expand through
acquisitions of solid business models and management that have the potential to
grow exponentially. The company will have additional subsidiaries that will
eventually grow into being their own public entity, be sold, or continue to
operate within MultiCorp. For further information please contact them at
[e-mail]

Forward-Looking Statements

This press release may contain forward-looking statements covered within the
meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements relate to, among other things, plans and timing for
the introduction or enhancement of our services and products, statements about
future market conditions, supply and demand conditions, and other expectations,
intentions and plans contained in this press release that are not historical
fact and involve risks and uncertainties. Our expectations regarding future
revenues depend upon our ability to develop and supply products and services
that we may not produce today and that meet defined specifications. When used in
this press release, the words "plan," "expect," "believe," and similar
expressions generally identify forward-looking statements. These statements
reflect our current expectations. They are subject to a number of risks and
uncertainties, including, but not limited to, changes in technology and changes
in pervasive markets.

CONTACTMultiCorp International, Inc.www.multicorpinternational.comContact
[e-mail]

SOURCE MultiCorp International, Inc.


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