AEGEA Signs Agreement With Capital One Resources to Market Its EB-5
Funding Program in China
NORTH PALM BEACH, FL--(Marketwired - Oct 29, 2013) - AEGEA
(OTCBB: AEGA) ("AEGEA"), a planned mega-resort destination and
international community in Florida, announced today that it has
entered into an agreement with Capital One Resources, Ltd.
("Capital One"), the EB-5 consulting division of CDI Shanghai
Management Co. Ltd., a Chinese limited liability company that is a
subsidiary of CD International Enterprises, Inc. ("CD
International"). Capital One has experience with the United
States Citizenship and Immigration Services ("USCIS") EB-5 Visa
Program and has sources for potential investors in China, who will
be non-U.S. residents as defined by the Regulation S offering
exemption. Under the consulting agreement, Capital One will use its
best efforts to introduce investors to AEGEA and assist them in
qualifying, preparing, completing and filing their USCIS EB-5
application petitions. For these services, Capital One will be
compensated through marketing fees.
The EB-5 Immigrant Investor Program, which has been in existence
since 1990, has become increasingly popular as a source of venture
capital for U.S. enterprises over the past few years. Under
the program qualifying foreign nationals can receive a green card
with a minimum investment of $500,000 if they are able to prove
that their at-risk money has created at least 10 jobs for U.S.
citizens. The purpose of the EB-5 Program is to help stimulate
foreign investment in the U.S., with the goal of boosting the
economy and creating jobs. The minimum EB-5 qualifying investment
in AEGEA will be $500,000, due to the fact that the project will be
located in a TEA (Targeted Employment Area), which is a region in
the U.S. designed as rural or with high unemployment. AEGEA
will not offer or sell EB-5 investments in the U.S.
China is now the dominant market for EB-5 investors. The
number of Chinese EB-5 applicants, which has been growing since
2008, represented over 80 percent of the 2012 applicant pool that
generated a reported $1.8 billion in total investment. For
Fiscal Year 2011, The USCIS reported that China accounted for 73%
of the total EB-5 visas issued. The massive influx over the
past several years of Chinese EB-5 investment into the U.S. is one
of the reasons why Washington, D.C. opened a Shanghai
representative office in 2012. According to the Heritage
Foundation's January 2013 China Global Investment Tracker report,
China invested a record $54.2 billion in the U.S. in 2012.
Commenting on the agreement with AEGEA, Dr. James Wang, CEO of
CD International, stated, "We are very excited to work with AEGEA
as we expand our China-based consulting efforts in this area. EB-5
projects represent a unique opportunity for our company to leverage
our resources and skill set in China to attract outbound
investments. Through our infrastructure and extensive network
in China, we believe we can provide a gateway for companies seeking
to fund opportunities through this program with capital from
China. We have been working diligently to lay the groundwork
for this new consulting opportunity in recent months and we are
excited to begin with AEGEA to build what we see as a very
profitable and long term revenue stream for our consulting
business."
"We believe our agreement with Capital One represents a
significant step forward in building the foundation for our EB-5
program in China. Capital One and its parent companies have
over a decade of experience in the complexities of cross border
transactions and an extensive network of contacts in China, making
them well positioned to help spearhead our efforts there. The
vast majority of EB-5 investors have historically come from China,
and I believe this trend will continue. Having a broker-dealer
as our placement agent, we feel that our project gives Chinese
investors an added layer of oversight," stated AEGEA's President
and CEO, Keith Duffy.
About CD International Enterprises, Inc.
CD International Enterprises, Inc. (OTCQB: CDII) is a U.S. based
company that produces, sources and distributes industrial
commodities in China and the Americas, and provides business and
financial corporate consulting services. Headquartered in
Deerfield Beach, Florida, with corporate offices in Shanghai, CD
International's unique infrastructure provides a platform to expand
business opportunities globally. For more information about CD
International, please visit http://www.cdii.net.
ABOUT AEGEA
AEGEA, Inc. is developing a spectacular experience for guests
and an idyllic lifestyle for residents by blending world-class
entertainment with culture and timeless architecture, introducing
its Entertainment LivingTM brand. AEGEA is committed to building a
sustainable and environmentally conscious community. AEGEA's
mission is to pursue innovation, increase shareholder value, and
strive to better the lives of its visitors and residents. AEGEA's
plans include luxury hotels, residences, restaurants, cultural
experiences, an Olympic-style sports complex, themed attractions,
an equestrian village, vast blue water lagoons and waterways, and
authentic, timeless architecture selected from around the world.
While similar in some respects to other large-scale, multi-purpose
destination properties, AEGEA's design will be unique in that the
sprawling complex will include a mix of residences and hospitality,
entertainment and culture inspired by an advanced civilization
dating back 4,000 years. Located within the state of Florida, AEGEA
enjoys the distinct advantage of a massive nearby resident and
visitor population base from which to draw attendance and
ownership.
SAFE HARBOR FORWARD-LOOKING STATEMENTS
In connection with the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, AEGEA, Inc. is hereby
providing cautionary statements identifying important factors that
could cause our actual results to differ materially from those
projected in forward-looking statements (as defined in such act).
Any statements that are not historical facts and that express, or
involve discussions as to, expectations, beliefs, plans,
objectives, assumptions or future events or performance (often, but
not always, indicated through the use of words or phrases such as
"will likely result," "are expected to," "will continue," "is
anticipated," "estimated," "intends," "plans," "believes" and
"projects") may be forward-looking and may involve estimates and
uncertainties which could cause actual results to differ materially
from those expressed in the forward-looking statements. These
statements include, but are not limited to, our expectations
concerning our ability to attract investors who qualify under the
EB-5 program.
We caution that the factors described herein could cause actual
results to differ materially from those expressed in any
forward-looking statements we make and that investors should not
place undue reliance on any such forward-looking statements.
Further, any forward-looking statement speaks only as of the date
on which such statement is made, and we undertake no obligation to
update any forward-looking statement to reflect events or
circumstances after the date on which such statement is made or to
reflect the occurrence of anticipated or unanticipated events or
circumstances. New factors emerge from time to time, and it is not
possible for us to predict all of such factors. Further, we cannot
assess the impact of each such factor on our results of operations
or the extent to which any factor, or combination of factors, may
cause actual results to differ materially from those contained in
any forward-looking statements.
CONTACT INFORMATION Investor Relations Scott Gordon President
CorProminence LLC 377 Oak Street Concourse 2 Garden City, NY 11530
631 703 4900 (Mobile) 516 222 2560 (Office)
scottg@corprominence.com www.corprominence.com AEGEA INC. CORPORATE
772 US Highway 1, Suite 200 North Palm Beach, FL 33408 561 287 5422
(Corporate) IR@aegea.com www.aegea.com
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