Blue Coast Banc Announces Joint Venture With Concordia Funding, Inc. For A Real Estate And Mineral Rights Venture

August 13, 2013
Top Quote Blue Coast Banc today announced a Joint Venture Partnership with Concordia Funding, Inc. for a Real Estate and Mineral Rights Venture in Northern California. End Quote
  • (1888PressRelease) August 13, 2013 - Los Angeles, CA - Blue Coast Banc (a Division of Blue Coast Securities Corporation, a Los Angeles Based Investment Banking firm) today announced it has entered into a Joint Venture agreement with Concordia Funding, Inc. (a subsidiary or JDL Development, LLC) for a Real Estate and Mineral Rights Venture in Northern California.

    Concordia Funding, Inc. is currently in the process of beginning development on a commercial site consisting of 165 net acres (200 gross acres), which consists of: 55 acres improved by 24 buildings consisting of 318,549 square feet of industrial/warehouse and office space; 55 acres improved by a number of above ground storage tanks that are capable of drawing more than 50 million gallons of water per day, five high voltage substations, ten fresh water wells each with a pump station; 55 acres of unimproved excess land. The property is also "stockpiled" with more than five million tons of a "non-disclosed" mineral that has an appraised value of more than $75.28 Million Dollars.

    The terms of the joint venture are for a capital investment of $30,000,000 USD to be held as a first mortgage against the property, a property that has a "subject-to-completion" value of more than $200,000,000 USD (a complete MAI Appraisal Commercial Appraisal is available for review) . Securities are being issued to Qualified Investors in the State of California pursuant to California Intra-State Securities Exemption Rule 1001 and to Qualified Investors that are not residents of the United States and not currently residing in the United States pursuant to SEC Regulation S.

    Concordia Funding, Inc. is not using a selling agent or finder in connection with this offering. Concordia Funding, Inc. will be using a Website as an online portal and information management tool in connection with the Offering. The website, www.BlueCoastBanc.com is owned and operated by Blue Coast Securities Corporation, and equity partner of Concordia Funding, Inc.

    Concordia Funding, Inc's California Intra-State Exempt Securities Offering and Regulation S Securities Offering will be available for viewing and download 24 hours a day, 7 days a week to registered and qualified investors at www.BlueCoastBanc.com.

    About Blue Coast Banc, Blue Coast Securities Corporation and BlueCoastBanc.com
    Officially launched in July of 2013, BlueCoastBanc.com is the First and Only "CrowdFunding" site platform for private companies seeking to raise debt or equity capital through public marketing and advertising. The Securities offered by Issuers on BlueCoastBanc.com include: Regulation A, Regulation S, Regulation D (rules 504 & 506), California Intra-State Exempt Securities Offerings pursuant to CA Rule 1001 (w/ 25102N Filing) and SCOR Offerings.

    All Companies listed at BlueCoastBanc.com have reporting requirements much like Companies listed on the U.S. OTCQX Market. BlueCoastBanc.com Listed Companies are required to file with Blue Coast Banc a set of quarterly "un-audited" financial reports and a set of fully audited financial reports within 90 days of the close of the corporate calendar year. BlueCoastBanc.com Listed Company CEO's are required to hold a quarterly conference call with all current investors, potential new investors and any finance industry professionals who wish to attend (or listen to), and issue a monthly "State of the Company" letter that is posted on the Company's page at www.BlueCoastBanc.com.

    BlueCoastBanc.com is the First and Only "CrowdFunding" site that allows Investors (or Investment Managers / Brokers) to go through the entire investment process online without the need to print, scan, email, fax, mail a check or wire funds. BlueCoastBanc.com also features the industry's very first "Secondary Market Portal" where investors of securities issued by Companies listed at BlueCoastBanc.com can sell / buy or trade both debt or equity securities.

    Blue Coast Securities Banc can be followed on the Following Social Media Sites:

    Twitter: https://twitter.com/BlueCoastSec
    Facebook: http://www.facebook.com/pages/Blue-Coast-Securities-Corporation/294843430641516?fref=ts

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    All trademarks and service marks are the property of the respective parties.

    ###
space
space
  • FB Icon Twitter Icon In-Icon
Contact Information
Over Satisfied Users & Approved Press Releases
© Copyright 2005-2024, 1888 Press Release. All Rights Reserved