Business Update
Of the total of $623,500 shown in the Form D, “Offering and Sales Amounts”, $105,000 has already been paid off in cash, as was announced in the company press release on March 17.
Company Update
New photos and videos have been added to the agriculture project page. Many of the irrigation main pipes have now been buried, and above-ground stations are being installed. When all have been completed, the drip tubing will be added. Planting will be in 2 weeks. The...
Company Update
Development of the farming operation is progressing smoothly, and Contel will soon have the chile pepper plants in the ground. On the real estate side, Alejandro has used a drone for aerial photography of the Cielo Mar development site. We hope to have a video...
Business Update
A quick update on the past week: The continued progress on the Agriculture land, where Contel is growing the red chile peppers, has been very good and is moving along quite rapidly. New photos showing the work in progress were added Sunday to the Agricultural project...