This section of the prospectus includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place an undue certainty on these forward-looking statements, which apply only as of the date of this prospectus. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.
PLAN OF OPERATION
Our plan of operations for the next twelve months is to proceed with the implementation of our business plan.
GOALS PROJECT OUTCOMES
Legal and Accounting Expenses Compliance with financial reporting and internal
controls Website Design
Creationof our corporate website Civil Engineer or Surveyor's Fees Subdivision of lands Architect drawings Complete a set of plans for building permits Project ConsultantsQuality Control of construction project Marketing and Promotion Marketing and public awareness activities Working Capital Office supplies, telephone, postage and other miscellaneous expenses
ACCOUNTING AND LEGAL EXPENSES- Our estimate these related expenses will range from
CREATE OUR CORPORATE WEBSITE- It is part of our business plan to have our website. A website can convey our corporate images and services to our potential customers. We believe our estimated cost of
SURVEYOR'S FEES- We are required to obtain surveyors' services related to subdivision of land. Our estimated cost for a surveyor' services will be
ARCHITECT DRAWINGS- We are required to obtain several sets of architect drawings in connection with our proposed construction projects. We estimated the cost for architect drawings will be
PROJECT CONSULTANTS- Once we have obtained the necessary building permits from the
MARKETING AND PROMOTION- Our staff will distribute our promotional fliers on foot, spending afternoons knocking on the doors of residences in targeted neighborhoods, as well as residences already in designated HOPE and Workforce areas. Speaking with potential buyers directly is the best way to inform and engage the communities. When speaking to residents, we will explain the Houston HOPE and Workforce programs, specifically mentioning how these programs can benefit them as future owners of our new homes and services. We will then outline in further detail the government assistance option available to them. The government can offer up to
The following table shows the projection of our building activities for three years: 1st Year 2nd Year 3rd year milestone milestone milestone Number of residential homes 2- 3 3-5 homes 5-8 homes homes Location of new residential homes Houston, Houston, Houston, Texas Texas Texas Estimated cost for each milestone
$100,000 $200,000 $300,000
LIQUIDITY AND CAPITAL RESOURCES
RESULTS OF OPERATIONS
During the period, our incorporation in the
9 OFF-BALANCE SHEET ARRANGEMENT
The Company has no material transactions, arrangements, obligations or other relationships with entities or other persons that have or are reasonably likely to have a material current or future impact, changes in financial condition, results of operations, liquidity, capital expenditures, capital resources, or significant components of revenues or expenses.