Beautiful Glyn Thomas talks to John Lindley, CEO, VL Capital Holdings
growth (averaging around 10% per year). Moreover, the government has invested hundreds of millions of dollars into expanding the canal zone and in airport upgrades, all indicators that the economy is doing great. We are partnered with Allison Associates, which
has considerable experience in the region, having opened small casinos in Costa Rica, Antiqua, Honduras, Panama and elsewhere. They are leaders in this area. VL Capital Holdings’ responsibility is raising the
capital through our current private placement memorandum. We have a complete investor package that we have just introduced to a handful of private investors. We are offering $5 million in common stock. We expect to have our offering sold out within the next few months. We are experts at holding and maintaining
C 14
an you explain VL Capital Holdings as it’s probably not a name that is well–known amongst our readership?
We are a Delaware-based corporation with
business offices in Seattle, WA, focused on purchasing and developing resort-based casinos around the Americas, with a first project underway in Panama. Panama itself is undergoing some pretty amazing
growth. The growth of its GDP had fallen in 2009 owing to the world economy (this decline was global), but it was the only growing economy in Latin America for that year. Already in 2010 its GDP has more than doubled the 2009 figures and 2011 is on track to return to its pre-Recession
budgets, with an emphasis on creative solutions. I’m a numbers guy, and for me every expenditure must have a reason behind it and some means of determining its value, i.e., did that dollar create more dollars, or was it cast to the wind and wasted? Moreover, every person in VL Capital Holdings has extensive experience working and living overseas – I myself lived a decade in Asia and the Pacific Rim, and one of our directors is currently a resident of Amsterdam. We understand that business in Panama is different than in the U.S..
We understand you have ambitions to develop casinos throughout South America. Yes, we are seeking to develop a string of
casinos through Latin America, with the first two in Panama. We’ve already lined up properties in David and Colon but as due diligence is not yet complete we cannot reveal exact locations at present. Suffice to say we are looking to invest approximately $5 million in the first go-around. The casinos in question are “boutique” casinos; in
casino life magazine
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36