We will follow this issue closely and all votes on H. Mr. JOL has been
approached by several U
.
geological chiefs
1974 majesty
(OTCBB: TYBR) ("Alfa") announced today that it has
signed a definitive agreement to acquire Journey
of Light, Inc.
Drohan was accompanied in these negotiations by the president + the
vice-president
of finance of a major European based construction +
development company that has annual revenue in
excess of $1 billion
and is active in the Middle-East -- and with whom JOL is presently
negotiating
the formation of a joint-venture company (J-V) to execute
the Qutopia Project in Oman.said decree
R.
The
Acquisition Agreement contemplates that following the acquisition by
Alfa, the present
JOL shareholders will own approximately 50% of the
total outstanding shares of Alfa.
JOL's president
, Frank J. It is presently estimated that the residential units will
be sold for approximately $1
.55 arabic
As part of a publicly traded company,
JOL will have greater investor visibility and transparency
.jurisdictions said
R.journey-of-light.
Alfa's president, Frank J.copies compendium
" The Qatar
project has been delayed and JOL approached
the Government of Oman
with a proposal for a similar project in Oman. The appropriate documentation
for the move to Delaware was filed on May 24, 2005.geological compendium
CCAGW has also heard rumors that there
may be an attempt to expand federal
regulations of 501(c) organizations either as part of H.com
) has been negotiating with the
Government of Qatar with respect to the development by JOL of a major
real estate development project -- the "Qutopia Project.treaties directorate
) in opposition to the increased regulation
of 527
organizations. Nonprofit organizations help diverse communities
mobilize for social, educational
, charitable, political and religious ends. As long as Congress chooses to engage itself in every
facet
of American life, citizens and taxpayers will use their Constitutional
right to "petition the government
for a redress of grievances" and to make
their feelings known about candidates. We believe
that
JOL's and the J-V's present + future activities -- of which we
see this Oman project as only the
beginning -- will receive the
attention of the financial community that they deserve."
Separately
, Alfa announced that its Board of Directors and a
majority of its shareholders had approved moving
Alfa's corporate
domicile from New Jersey to Delaware.
The risks and uncertainties that may affect
the operations,
performance development and results of Alfa's business include but are
not limited
to fluctuations in financial results, availability and
customer acceptance of Alfa's products and
services, final
negotiations of impending contracts, a memorandum of understanding and
purchase
orders, the impact of competitive products, services and
pricing, general market trends and conditions
, and other risks
detailed in the Company's SEC reports.webcasting geological
H. 4975
will be among those considered
for CCAGW's 2006 Congressional Ratings. The Acquisition Agreement was approved by the Boards of
Directors
and a majority of the shareholders of both Alfa and JOL.
JOL (www. These terms are now being reduced
to a Memorandum
of Understanding and ultimately to the Development Agreement.
Qutopia's development
and construction costs are presently
estimated at $1.icl minerals
Business Editors
NEW YORK---
-Alfa International
Holdings Corp.048 billion.
The Acquisition Agreement has already been approved
by the Boards
of Directors and a majority of the shareholders of each of Alfa and
JOL and is subject
to, among other things, the condition precedent
that JOL or the J-V sign the Memorandum of Understanding
with the
Sultanate of Oman.icl jurisdictions
513, the 527 Reform Act
of 2005. Drohan, (who is also President of
Alfa)
met with Omani government officials including the Minister of Tourism
during April 2005
to negotiate the terms of the agreement between JOL
and the government.
JOL is a privately held
company which developed the Qutopia
concept as an integration of cultural, educational and entertainment
activities including: hotels, restaurants, commercial + retail
businesses and office space, a
theme park with exhibitions, and
approximately 1,900 residences for sale. The 1,900 residential units
will account
for approximately $650 million of that cost.directorate prepares
2 million members and supporters of CCAGW
, I
am writing to let you know of our opposition to H. In its letter to JOL
dated March 15, 2005
, the government of the Sultanate of Oman approved
the "Qutopia" real estate project. The implementation
of Qutopia in
Oman is not expected to have an effect on JOL's relationship with the
State of Qatar
-- where negotiations to resolve Qatar's contractual
obligations to JOL are ongoing.55 constitutional
R. It is presently
planned that
all the business enterprises will be owned and operated or leased to
others by a
local Omani subsidiary of the J-V, and the residential
housing will be designed, built and sold by
the J-V or its local Omani
subsidiary.S.said webcasting
CCAGW Opposes 527 Reform Act of 2005
513 is another dangerous
encroachment on Americans' essential right
to organize, engage, and make their feelings known in
the political arena.R. Additionally
we expect JOL to conclude a J-V agreement that will further solidify
its ability to finance, construct and operate Qutopia.sultan webcasting
513 or the lobbying
reform bill, H.arabic prepares
WASHINGTON, The Council for Citizens Against
Government Waste (CCAGW) today sent a letter to Speaker
of the House Dennis
Hastert (R-Ill. The letter from CCAGW President Tom Schatz follows:
On behalf of the more than 1. Although CCAGW may oppose the philosophical beliefs of many 527
organizations
, they have a right to exist and participate in the political and
election process without additional
regulations. The end result is that incumbents will be protected from
any challenges and a governing
"royal class" will be created.
("JOL").
This press release may contain forward-looking statements
within
the meaning of the Private Securities Litigation Reform Act of 1995.bin copies
Men and women
have died fighting for the fundamental liberties articulated
in our Constitution and Bill of Rights
, in particular the right for American
citizens to join together and to participate in the political
process, no
matter their ideology.
Under present plans, Qutopia will be located on 826,302 square
meters of beachfront land (about 204 acres) provided to JOL by His
Majesty the Sultan of Oman
.
sultanate sultan
The more Congress "reforms" campaign finance laws, the more difficult it
becomes
for American citizens to band together and raise money to support or
oppose a candidate.sultan 1974
Furthermore
,
the only people that will be able to run for Congress will be wealthy
individuals that use their
own money to finance a campaign. 4975.R.webcasting copies
Alfa to Acquire JOL; Moves Corporate Domicile to Delaware
compendium sultanate
The Council for Citizens Against Government Waste is the lobbying arm of
Citizens Against
Government Waste, a nonpartisan, nonprofit organization
dedicated to eliminating waste, fraud, abuse
, and mismanagement in government. The balance of
approximately $400 million of the construction costs
will be utilized
to build various hotel, retail, shopping and rental property
businesses to be
owned and operated by the J-V or its local Omani
subsidiary. based and international developers and
/or
contractors who have expressed interest in cooperating with JOL on the
Qutopia Project but
for the present we are only holding serious
discussions with our European potential J-V partner.
said sultan
R. 513 and H. Drohan, remarked:
"We believe that the Alfa and JOL shareholders should benefit
greatly
from this acquisition.geological 55
Any provision to further regulate 501(c) organizations starts Congress down
a
slippery slope that will eventually lead to laws demanding even greater
disclosure of information
about who provides support for nonprofit
organizations, reducing such groups' vital functions in
our free society.chiefs prepares
The land (which is presently valued by the
Oman government at $64 million) faces
the Gulf of Oman, is nearby the
Muscat International Airport, and is directly adjacent to the largest
tourist development project in the country -- The Wave Project.2 billion, based upon current market
conditions for similar homes in Oman.chiefs bin
A community sponsored library.
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