SOURCE: Fineline Holdings, Inc.
November 16, 2007 14:08 ET
Fineline Holdings, Inc. (PINKSHEETS: FNLH): Management's New Strategy to Build Shareholder Equity
KENT, OH--(Marketwire - November 16, 2007) - In an effort to build shareholder equity and
increase shareholder value, Fineline Holdings, Inc. (PINKSHEETS: FNLH) has
acquired the exclusive option on $125,000,000 of fee simple land and
property in the Monarch Cancun Resort Development. This Development will
include three (3) Lanny Wadkins designed golf courses and various other
amenities. Fineline Holdings, Inc. reserves the right as one of the
Managing Partners to purchase, fee simple, the land and hacienda style
homes being built in the development or it can act as the Vendor in
marketing these units to the general public. Fineline Holdings, Inc. has
also arranged the financing for its portion of the buildout on this
project.
Monarch Cancun is the premier developer of residential tourism in Mexico.
Our mission is to provide affordable primary and second homes, located in
safe, high destination, resort areas in Mexico.
Monarch Cancun is funded by Nevada-based E-Sol International Corp., (ESIT)
a publicly traded company on the OTC, with a market capitalization in
excess of $300-million. For more information on Monarch Cancun Resort
Development please visit their website at www.monarchcancun.com
Safe Harbor Statement
The information contained in this press release, other than historical
information, consists of forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 21E of the Exchange Act.
These statements may involve risks and uncertainties that could cause
actual results to differ materially from those described in such
statements.
Although the Company believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance that
such expectations will prove to have been correct. Important factors beyond
the Company's control, including general economic conditions, consumer
spending levels, competition from toy companies, motion picture studios and
other licensing companies, the uncertainty of public response to the
Company's properties and other factors could cause actual results to differ
materially from the Company's expectations.