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Joined: Jan 2001
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Thanks Lan- SIN I gotta ask my friends how to get to Punta Negra and Punta Ycacos-I'm headin' south. smile


YA CAN'T PUT A PRICE ON A GOOD TIME
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Houston Chronicle

Jan. 12, 2006, 7:05AM

(PZ) Window Rock Capital Projects $42 Million in Revenue for Belize Resort Development
© 2006 PRIMEZONE

HOUSTON, Jan. 12, 2006 (PRIMEZONE) -- Window Rock Capital Holdings, Inc. (Pink Sheets:WRKC), a real estate asset development company, projects its fractional ownership program in Belize will bring $42 million in revenue to the company during the life of the resort development.
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Charles Shirley, CEO of Window Rock, stated, "We anticipate that the Belize resort will attract $42 million in revenue and $10 to $12 million in associated costs."

Historically, the 1,845-acre, Belizean property was the Howard Hughes Plantation. It has an adjacent airstrip where Hughes landed his private jet. The property is rectangular in shape, with one mile of coastline and it extends three miles inland. It is eight miles north of Placencia. The total acreage includes 700 acres of sub-tropical rainforest, set-aside for eco-tourists. The barrier reefs attract scuba diving enthusiasts from around the world. The property has an incredible beachfront location in the hot spot of the Caribbean and has been appraised for $6.5 million.

Brian Collins, president of Window Rock, indicated that pre-selling of the fractional ownership interests will begin in the next two weeks. The market will be diverse and will include North America and Europe, with a particular focus on the Houston, Miami/Ft. Lauderdale, and Vancouver metro areas. The company is also currently negotiating with a group from London to pre-sell the U.K. market.

About Window Rock Capital Holdings, Inc.

Window Rock Capital Holdings, Inc. is in the real estate development business. Window Rock brings together developers, architects, and investors to establish a unique real estate platform in the U.S., Asia, and Latin America. The company handles the logistical differences between developing real estate in the U.S. and abroad, offering a consistent package of services, creating profitable ventures supported by alliances with international companies.

Window Rock Capital has strategic alliances and collaborative contacts with various companies in the planning, study, development and construction sectors, legal and juridical international assistance, and access to the complex financial world of investment. Therefore, the company has also developed relationships with hotel operators, retail and commercial business and amusement and recreation companies. The company is currently developing projects in Ohio, Louisiana and Belize. Please visit www.windowrockcapital.com for more information.

Forward Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Window Rock Capital Holdings, Inc. please refer to its Web site at www.windowrockcapital.com

CONTACT: Window Rock Capital Holdings, Inc.
Charles R. Shirley
(832) 225-1372
[email protected]

Investor Relations
Robert Bleckman
(713) 521-2147
[email protected]

http://www.chron.com/disp/story.mpl/prn/texas/3582212.html

Joined: Nov 2002
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Pre-selling? Dangerous stuff.


Check out my site: www.ambergriscayerealestate.net
Joined: Oct 2004
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pre-selling isn't dangerous. Pre-buying is dangerous.

Joined: Nov 2002
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exactly


Check out my site: www.ambergriscayerealestate.net
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Ohio? CRAP NOW I AM SHOUTING smile


YA CAN'T PUT A PRICE ON A GOOD TIME
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