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ADDITIONAL OPERATIONS
 

Cargo Business

In conjunction with the sportfishing operations of Pacific Tuna Venture, we are also developing a trade program between Mexico and the Republic of the Marshall Islands.

At present, there is no trade between these two countries. However, we intend to change that situation when we seasonally shift our sportfishing operations from the Mexican waters to the Marshall Islands.

Together with our partners and associates in the Marshall Islands we are opening up trade with food commodities such as rice, flour, sugar, etc., as well as diverse canned goods, such as fruit, vegetables, soups, etc. The vessel would also carry building materials, such as plywood, lumber, cement, nails, tools, etc.

Providing Seafood Products for the Increasing demand in Southern California

The PTV vessel (M/V Pacific Tuna King) carries cargo loads between Mexico and the Marshall Islands while involved in our regular sportfishing activities. If proven successful, we plan to place a second vessel into operation which will make regular (monthly) runs between Mexico, Marshall Islands, Los Angeles, and back to Mexico.

On its return trip from the Marshall Islands, this second vessel would carry frozen fish fillets, loins, etc., vacuum packed and boxed, along with processed, blast frozen lobster tail, swordfish steaks and loins, wahoo, tuna, parrotfish, grouper, etc., for the markets of Southern California. The above ancillary trade operation, which would begin and develop on a slow, but very deliberate pace, enhances the revenues of Pacific Tuna Ventures considerably, particularly into the second and third years of operation when we begin to realize a very satisfactory income from the sale of our seafood products from the Marshall Islands to markets in Hawaii and Southern California.

All of our member/partners share in the above revenues. We are already preparing the way for our trade activities, in parallel with our sportfishing preparations.

Trade Talks — Special Fishing Permits

Smokey, along with our Mexican attorney, Pesca Federale Representatives, Mexican Trade Officials, as well as representatives of the Mexican Foreign Affairs Office met recently in La Paz, B.C.S.

Along with excellent and productive discussions pertaining to our vessel permits and special fishing licenses, we talked about our trade development plans between Mexico and the Marshall Islands. I can, with some satisfaction, relate that the Mexican officials are enthused and even excited about the idea, and are looking forward to its inception, implementation and eventual success.

We have found that Mexico can be very cooperative, especially when the export of Mexican products, commodities, etc., are involved in a viable development program that will benefit Mexican business across the spectrum, as well as provide taxes to the Mexican Hacienda.


MexBigShot


Smokey with Marcos Alberto Covarrubias Villasenor Presidente Municipal, H. XII Ayuntamiento De Comondu, B.C.S., Mexico.

mexicofac

Our Proposed Facility in Ciudad Constitucion, B.C.S., Mexico.

mexicofac2

This Facility Has Been Made Available To Pacific Tuna Ventures By Senor Marcos Villasenor, Presidente Municipal. It Will Be Utilized For Our Seafood Packing
Operations, Storage & Distribution Center, As Well As Our Coconut Oil Processing & Bottling Plant.

Future Prospects

We have also entered a discussion period wherein we will begin to probe the feasibility of a State meeting between the President of Mexico and the President of the Republic of the Marshall Islands, probably in Mexico, possibly in La Paz, within the year.

A trade agreement between Mexico and the Marshall Islands will be a very important program that will affect most favorably all of PTV's relations with Mexico, particularly our sportfishing activities. We are very enthused about the exceptional potential between these two countries.

The demand for fresh/frozen top-quality seafood continues to rise worldwide. We intend to take full advantage of these demands, particularly in the Southern California market, not only for quality seafood, but for reasonably priced and quality foodstuffs and other trade commodities from the Marshall Islands. We also expect to work closely with the Mexican government regarding its requirements and great need for jobs and business development in Baja California Sur.

Long Time Business Association

We have enjoyed a 30 year affiliation with the Marshall Islands and have observed, and occasionally assisted, the emergence and development of this country from an undeveloped Island District, that was once part of the U.S. Trust Territory of the Pacific, to its present status as a sovereign nation under a "Compact of Free Association" with the United States.

It is our intent to take advantage of this long-standing, excellent relationship in order to develop our company, along with the Marshall Islands, and the great potential it holds. We have many years of experience with the seafood resources of the Marshall Islands. We now also intend to open up the vast trade opportunities as well, between Mexico, the United States, and all of the islands throughout the Republic of the Marshall Islands.

In the Marshall Islands, we plan to take advantage of the plentiful coconut resources and ship "Whole Coconuts" to Baja California for processing into a new special type of organic oil. This new coconut oil is beginning to receive a lot of attention, especially in Europe, as well as the U.S.A.

It is our plan to transport not only food products and general commodities to the Marshall Islands, but also diesel fuel and jet fuel, from PEMEX in Mexico. This fuel will accommodate our Air Cargo operations, as well as our Japanese/Mexican Joint Venture Fishing operations within the Marshall Islands, with reasonably priced fuel. Without this fuel supply it would be extremely difficult to operate anywhere outside of Mexico, under the continuing threat of increasing fuel prices.

Under a Presidential Decree, placing a price cap on diesel fuel for fishing vessels, we will pay only about $1.26 per gallon for our fuel. As a Mexican Corporation we participate in the program, and are also allowed to purchase fuel directly from PEMEX for export to the Marshall Islands for use in our fishing operations, while we are involved with Mexican fishing vessels, and that the fish caught by the Mexican vessels is being transported to U.S., and Japanese Markets in our Cargo Aircraft.

The above are future operations that, as a charter member of Pacific Tuna Ventures, you will be a part of, and have the opportunity for an excellent and high yielding investment.

Joint Venture

View the recently proposed Joint Venture agreement between PTV and other prospective fishing operations in the Marshall Islands.

Sea Change Fund

View the recent Press Release by Sea Change Investment Fund, and how it may align with PTV's fishing business.

Marshall Islands Business Plan

View the recently drafted Business Development Plan for operations in the Republic of the Marshall Islands.

Back to Pro Forma Projection.

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