Management Team. We will be making a formal announcement at a later time, but we are very pleased already at this point, to be able to confirm that Alejandro Espinoza Arroyo will be joining Procon as the General Manager for our real estate project. A General Manager is equivalent to what is known as a COO in the US.  Alejandro is 59, an accomplished Civil Engineer, who will first be working as a consultant to Procon, responsible for producing the topographical plan needed to create the Master Plan for the development, Cielo Mar. Once this has been completed, Alejandro will come onboard full time as the General Manager to lead the development. He will also be building the right support team. We will publish Alejandro’s full bio in the near future. However, it is impressive, to say the least, and will clearly show that he will be a real asset for the company, and the right man for the job.

Below is a chart showing Procon’s anticipated structure. Going forward, we will be adding names and biographies of the individuals, once the appointments have been confirmed.

Another thing on the agenda last week, was to identify a suitable office in Ensenada, to serve as headquarters for all of our activities in Baja. We believe we have now found the perfect property. The location is very impressive for what we are looking for, and we will be submitting a formal offer this week for a long term lease. This office will also serve as a permanent property exhibition, as part of the marketing program for Cielo Mar in Baja.

As you have probably understood by now, we have decided on the name for our new community. “Cielo Mar”. Translated into English, Cielo means “heaven” and Mar means “sea.” Our new development will be “heaven by the sea.”

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