West Karma Ltd

Investment Opportunity

We are creating a premier destination resort with exclusive home-sites, townhomes and resort homes surrounded by world-class golf.  READ MORE


You are here:Home arrow Projects arrow Investment Details
  • Decrease font size
  • Default font size
  • Increase font size
Investment Details Print E-mail

Placement: $52,000,000

Bond Interest Rate: 5%

  • Interest paid quarterly, starting in January 2008

  • 48 month Term, with payments starting as early as 24 months.

  • Construction started in Spring 2007

  • Completion in Summer 2010

Issuer: The Falls Capital Corp Ltd.

Securities Offered:

Units, each unit comprised of one (1) Class B Non-Voting Common share and one (1) 5% fixed rate cumulative , redeemable, retractable, renewable bond. Price of security offered is $100.00 per unit; the corporation has allocated a value of $0.10 per Class B Share and $99.90 per bond.

Minimum Subscription: $20,000 CDN

It is a condition of this offering that each subscriber complete all necessary paperwork including Subscription Agreement and Risk Acknowledgment Form, and return all forms to the company.

Use of Proceeds:

All dollars raised via offering will be utilized in the development of the Falls Resort complex as outlined in the Road to 2010 package available to all investors at time of investment

 

 

KarmaKonnection

Sign up for our Investor Newsletter HERE 

Search