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Eco Reef Sales Pitch 2009

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Long Caye

on Lighthouse Reef

Sales and Marketing Plan


May 2009
Agenda

• Project Objectives
• Sales Strategy
• Target Market
• Long Caye Value Proposition
• Competitive Landscape/Positioning
• Marketing Communications
• Challenges and Opportunities
• Impact of Global Economy
• Eco Reef Value Statement
Project Objectives

Eco Reef was formed to acquire, improve, develop


and sell real estate in Belize

Short Term Mid Term Long Term

• Aggregate strategically • Segregate southern and • Exchange preferred


important land assets on northern tips for future southern and northern tip
Long Caye, Lighthouse commercial development land parcels for equity
Reef Atoll carry in commercial resort
• Assemble development / development
• Generate cash for debt infrastructure team
service and repayment • Create Long Caye science
through sale of individual • Establish nature preserve and research center
home sites on Long Caye
• Establish renewable
energy system for Long
Caye
Sales Strategy

• Limit number of home sites available


for sale at any one time
• Combine existing parcels to create
premium home sites
• Maintain inventory balance
– Beach Front
– Ocean Front
– Ocean View
– Interior Highlands
– Interior Wetlands
• Offer incentives to buyers willing to
build within 12 months
• Target initial home sites to facilitate
gradual infrastructure development
Target Market
Historical Belize Tourism

• Consistent Year over Year growth in • Americans and Europeans lead the
tourism, CAGR 3% Belize tourism market
• February/March highest tourist • U.K (30%), Germany (12%),
arrivals of the year Netherlands (10%) are majority of
European tourists currently visiting
Belize

Tourist Arrivals, by Year Tourist Arrivals, by Nationality


260,000

Other
250,000 Mexican 8%
2%
# of tourists

240,000 Guatemalan
5%
Belizean American
230,000 4% 61%
220,000 Canadian
7%
210,000

200,000 European
2003 2004 2005 2006 2007 13%

Year
Target Market
High Net Worth Individuals

• High Net Worth Individuals (HNWI)


– Defined as investable assets in
excess of US$1 million HNWIs (more than US$1million, in 2006)
– Key factors influencing purchase :
Region Number
• Investment appreciation
Global 9,500,000
• Early opportunity North America 3,000,000
• Environmental/social Europe 2,900,000
responsibility factors Asia-Pacific 2,600,000
• Remote location/Lighthouse Reef Latin America 400,000
Atoll Middle East 300,000
• Low density land planning Africa 100,000
• Recreational activities Other 200,000
(diving/fishing)
– Number of high-net worth individuals
worldwide is estimated at 9.5 million
and totals US$37.2 trillion
Target Market
Ultra-High Net Worth Individuals

• Ultra-High Net Worth Individuals


UHNWIs (more than US$30million, in 2006)
– Defined as investable assets in
Region Number
excess of US$30 million
Global 95,000
North America 38,400
• Number of Ultra-High Net Worth Europe 23,200
individuals worldwide is estimated at Asia-Pacific 18,200
95,000 Latin America 9,600
Middle East 3,300
Africa 2,000
Other 300
Target Market
Geographic locations

• Geographic Regions
– United States
• California
• Arizona
• New York
• Florida
– Canada
• Alberta
• Ontario
• Quebec
– EU Countries
• United Kingdom
• Germany
• Netherlands
• France
• Spain
Long Caye Value Proposition

• Remote location
• Ultra-low density
• Environmental aspects
• Proximity to the Blue Hole and Half
Moon Caye
• Proximity to premier dive and
fishing locations
• Abundance of wildlife
• Pristine coral reef
• Basic infrastructure in place
• Only home sites for sale on the
Lighthouse Reef Atoll
Competitive Landscape/Positioning
Caribbean Comparables

Eleuthera, Bahamas (US$115,000)


Stella Maris, Bahamas (US$175,500)
- 90 x 150 waterfront lot, beach access - 100’ beachfront

Grand Cayman, Cayman Islands


Price Range: (US$475,000 to US$640,000)
- .42 to .48 acres, oceanfront
Competitive Landscape/Positioning
Central America/Belize Comparables

Pumpkin Beach, Hondurus (US$50,000-$240,000) Bocas Del Toro, Panama (US$125,000)


- Beachfront/interior land development - Beachfront development

Southern Belize (US$120,000) Hopkins, Belize (US$190,000)


- 200’ beachfront lot - Investment/development, beach view lots
Challenges and Opportunities

CHALLENGES OPPORTUNITIES

• Establish local transportation


• Domestic transportation logistic company
logistics • Establish renewable energy
capability
• Lack of mature infrastructure • Enhance land value with minor
improvements
• Current global economic • Future resort development
conditions • Establish model for environmental
and social responsibility
Impact of Current Global
Economic Conditions

• Investment portfolio’s down


~30% on average

• Target market becoming more


risk averse,

• Cautious investors – extending


the decision making process

• Target market apprehensive


about ‘real estate’ investments,
but remain open to the ‘right’
opportunities
Marketing Communications
Plan/Strategy

PLAN STRATEGY
Advertising Advertising
– Print Place advertisements in target market media
– Online - Magazines, websites, newspapers, radio
- Condé Nast Traveler, Islands, Forbes, WSJ, etc.

Editorial Editorial
Create relationships with target market media
– Editorial opportunities
editorial staff to gain ‘mindshare’ and interest
– Co-authored articles - Travel magazines, newspapers, radio (NPR)

Website Website
Create an interactive, comprehensive website to
promote Long Caye
Collateral Materials Collateral Materials
– Print/Electronic sales tools Create printed and electronic sales tools that
are attractive to the target market
Eco Reef Value Statement

As a steward of Long Caye and the Lighthouse Reef Atoll, Eco Reef is passionately
committed to the preservation and protection of both Long Caye and its surrounding
reef. We are both a socially and a fiscally responsible organization. We believe that,
while it is our duty to provide our shareholders with an appropriate return on their
investment, we will not lower our ecological standards or compromise our principals
in the pursuit of additional profit. We take a long term, holistic approach to our work,
always searching for ways to improve the quality of our offerings through the
mindful, yet aggressive, adoption of leading edge environmentally friendly
technologies. We are fair, honest and honorable in all our business dealings. We
demand that, at all times, our team members communicate in a kind constructive
and respectful manner. We seek to demonstrate to the world what can be done when
people, passion and technology team up with nature to create an extraordinary user
experience and sustainable financial success.

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