ProConcept Marketing Group, Inc. Acquires Phase 3 of ''Cave Village'', Valued at $12 Million (200 Acres) in Jamaica, W.I.
2008-06-27 23:10:13 -
- ProConcept Marketing Group, Inc. (PMKT) acquired Phase 3 of Cave Village. Phase 3 includes 200 acres of entire mountain top estate lots with spectacular one-of-a-kind western facing, sunset views of the Caribbean Sea. The total development of Cave Village is 1078 acres on the "soothingly slower" south coast of the Caribbean paradise of Jamaica. The development features pristine 5 acre residential building lots, many overlooking the Caribbean Sea. Phase 3, is 200 acres which will be under development in late 2008 and lots are retailing for $60,000 per acre with a minimum of (5) acres or $300,000 per lot.
Joel Stohlman, CEO, stated "The decision to acquire Cave Village, Phase 3 is analogous to writing the first few notes of a symphony, as it is said that it takes three beats to establish a rhythm and proper momentum. Phase 3 is the rhythm and impetus of the symphony of Cave Village. We can easily envision continuing the partnership between ProConcept Marketing Group and Cave Village Development LTD. to the crescendo of this symphony that we are creating known as Cave Village. The Cave Village development has been an enormous addition to ProConcept Marketing Group, Inc. portfolio."
E. Jason Stone, Director of Caribbean Marketing, stated: "The traffic, excitement, interest, and momentum generated from Phase 2 of Cave Village, continues into Phase 3. We have begun to design the first custom villas from the sale of lots in Phase 3."
For additional information, visit the company's website at www.proconceptmarketinggroup.com or contact investor relations at ir@ProConceptMarketingGroup.com.
About Cave Village:
The South Coast is an area extending from Savana La Mar, about a 30 minutes drive from the Caribbean's premier destination city, Negril, to Black River in the parish of St. Elizabeth. This area has been designated by the government as the last to be developed for tourism and is locally referred to as "The Beverly Hills" of Jamaica.
About ProConcept Marketing Group, Inc.
ProConcept Marketing Group, Inc. (PMKT), headquartered in Buford, Georgia, is a publicly traded company engaged in business acceleration, business management, and proprietary marketing strategies to major international corporations engaged in diverse industries. ProConcept manages the marketing and distribution of exclusive products and services globally, while involved in the manufacturing process and ownership of these products by creating compelling solutions to generate demand for its products and services.
"Safe Harbor Statement" under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements that involve risks and uncertainties. The statements in this Release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
ProConcept Marketing Group
Joel Stohlman, 678-596-6872
JStohlman@proconceptmarketinggroup.com