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Published by , 2016-03-11 19:42:46

Crab_Cay_book_v8

Crab_Cay_book_v8

EXQUISITE

ISLAN D RE AL ESTAT E DEV ELOPMENT
OPPORTUNITY

SPA & RESORT

Note: The information contained herein is for illustrative purposes only and should not be considered an offer for sale or solicitation of any
type of securities. Any accredited investor interested in the referenced business opportunity herein should contact CN Luxury Resorts, Inc.
directly for full private placement disclosure documents, which contain the risk factors and offering information.

2

C rab Cay will be an exclusive residential community located on a private island just off the coast of Great
Exuma in The Bahamas. Crab Cay offers one of The Bahamas’ finest and most well protected natural harbors
and will welcome mega-yachts to a distinct harbor village. Its architecture will reflect the relaxed sophistication of a
Mediterranean port. White sands and lush flora, surrounded by crystal clear waters, define a tranquil retreat.

3

B enchmark Hospitality International has agreed to provide a
boutique spa and resident services for the ultimate in island renewal.
Sports fishing, snorkeling, diving and more provide an abundance of adventure and
the amenities and services will leave no detail unattended. Crab Cay strives for the
ultimate in privacy to ensure that residents will enjoy a lifetime of discovery.

SPA & RESORT

4

180 Acres to Enjoy a Lifetime of Discovery!

N avigate to a private island enclave. Crab Cay lies
in the sheltered waters of Elizabeth Harbour just east
of Great Exuma. Residents will enjoy easy access to the Exuma
mainland via gated private bridge, yacht, boat or launch.

Exuma is easily reached by regular air service and is just 90
minutes by jet from South Florida. Both commercial and private
aircraft are welcomed at Exuma International Airport (GGT)
(7,000’).
Latitude 29’.80
Longitude 44’.90

Crab Cay is a Development of Murphy International Development, Ltd. And Holmes Company Limited, Great Exuma, The Bahamas.
The scope of facilities is preliminary and subject to change by the developer without notice. This advertisement does not constitute an offer to sell or a solicitation of an offer to buy real estate, and the real
estate will not be offered or sold in any state or country in which the solicitation, offer or sale of the real estate would be unlawful prior to the registration under the laws of such state or country.
The plans, information, images and artist renderings hereon are provided for illustrative and conceptual purposes only and are subject to modification or elimination by the developer without notice.

5

6

Estimated Value of Real Estate per Appraisal

CN Luxury Resorts has received an official appraisal for 6.71 acres of the Crab Claw Beach = $ 29,560,000

Estimated value per acre = ($ 29,560,000 divided by 6.71 acres) = $ 4,405,365

CN Luxury Resorts will purchase 180 acres for $80,000,000
Estimated value of 126.38 useable acres @ $4,405,365 per acre (based on official dirt appraisal) = $ 556,750,029

Founding Investors’ equity stake hold @ $110,000,000 invested @ 49.5% ownership = $ 275,591,264
Founding Investors’ surplus equity position in excess of investment = $ 165,591,264

Founding Investors’ surplus equity position above investment as a percentage = 150.54%

7

Income from sale of Welcome Beach & Umbrella Beach Villas

GROSS REVENUE from SALE of 18 - 6,000 SF WELCOME BEACH @ $1,409 per SF = $152,172,000 GROSS REVENUE from SALE of 20 - 6,000 SF UMBRELLA BEACH @ $1,409 per SF = $169,080,000
BUILDING COSTS for 18 - 6,000 SF WELCOME BEACH @ $600 per SF = $64,800,000 BUILDING COSTS for 20 - 6,000 SF UMBRELLA BEACH @ $600 per SF = $72,000,000

1 GROSS PROFIT from 12 - 6,000 SF WELCOME BEACH @ $809 per SF = $87,372,000 2 GROSS PROFIT from 20 - 6,000 SF UMBRELLA BEACH @ $809 per SF = $97,080,000

ARCHITECTS BEACH RESORT MURPHY INVESTMENT GROUP
CRAB CAY, BAHAMAS
WELCOME BEACH VILLAS

GILL DESIGN GROUP

Landscape Architecture
and Land Planning

8

Income from sale of Claw Beach Estates & Walker Estates Villas

GROSS REVENUE from SALE of 11 - 8,000 SF CLAW BEACH ESTATES @ $1,409 per SF = $123,992,000
BUILDING COSTS for 11 - 8,000 SF CLAW BEACH ESTATES @ $600 per SF = $52,800,000
11 - 8,000 SF CLAW BEACH ESTATES @ $809 per SF = $71,192,000
3 GROSS PROFIT from

GROSS REVENUE from SALE of 23 - 6,000 SF WALKER ESTATES VILLAS @ $1,409 per SF = $194,442,000
BUILDING COSTS for 23 - 6,000 SF WALKER ESTATES VILLAS @ $600 per SF = $82,800,000
23 - 6,000 SF WALKER ESTATES VILLAS @ $809 per SF = $111,642,000
4 GROSS PROFIT from

ARCHITECTS BEACH RESORT MURPHY INVESTMENT GROUP
CRAB CAY, BAHAMAS
WA LK ER E S TAT E S V I LL A S

GILL DESIGN GROUP

Landscape Architecture
and Land Planning

9

Income from sale of Claw Beach & Harbour Village Condos

GROSS REVENUE from SALE of 10 - 6,000 SF CLAW BEACH CONDOS @ $1,409 per SF = $84,500,000
BUILDING COSTS for 10 - 6,000 SF CLAW BEACH CONDOS @ $600 per SF = $36,000,000

5 GROSS PROFIT from 10 - 6,000 SF CLAW BEACH CONDOS @ $809 per SF = $48,540,000

GROSS REVENUE from SALE of 38 - 3,500 SF HARBOUR VILLAGE CONDOS @ $1,409 per SF = $187,397,000
BUILDING COSTS for 38 - 3,500 SF HARBOUR VILLAGE CONDOS @ $600 per SF = $79,800,000

6 GROSS PROFIT from 38 - 3,500 SF HARBOUR VILLAGE CONDOS @ $809 per SF = $107,597,000

ARCHITECTS BEACH RESORT MURPHY INVESTMENT GROUP
CRAB CAY, BAHAMAS
HARBOUR VIEW LEVEL

GILL DESIGN GROUP

Landscape Architecture
and Land Planning

10

Income from sale of Umbrella Beach Condos & Harbour Village II Villas

GROSS REVENUE from SALE of 20 - 3,500 SF UMBRELLA BEACH CONDOS @ $1,409 per SF = $98,630,000
BUILDING COSTS for 20 - 3,500 SF UMBRELLA BEACH CONDOS @ $600 per SF = $42,000,000

7 GROSS PROFIT from 20 - 3,500 SF UMBRELLA BEACH CONDOS @ $809 per SF = $56,630,000

GROSS REVENUE from SALE of 37 - 6,000 SF HARBOUR VILLAGE II VILLAS @ $1,409 per SF = $312,798,000
BUILDING COSTS for 37 - 6,000 SF HARBOUR VILLAGE II VILLAS @ $600 per SF = $133,200,000

8 GROSS PROFIT from 37 - 6,000 SF HARBOUR VILLAGE II VILLAS @ $809 per SF = $179,598,000

ARCHITECTS GILL DESIGN GROUP BEACH RESORT MURPHY INVESTMENT GROUP
CRAB CAY, BAHAMAS
Landscape Architecture UMBRELLA BEACH CONDOS
and Land Planning
11

Income from sale of Umbrella, Claw & Spa Beach Bungalows

GROSS REVENUE from SALE of 28 - 1,300 SF UMBRELLA BEACH BUNGALOWS @ $1,409 per SF = $51,287,600

BUILDING COSTS for 28 - 1,300 SF UMBRELLA BEACH BUNGALOWS @ $600 per SF = $21,840,000

10 GROSS PROFIT from 28 - 1,300 SF UMBRELLA BEACH BUNGALOWS @ $809 per SF = $29,447,600

GROSS REVENUE from SALE of 17 - 1,300 SF CLAW & SPA BEACH BUNGALOWS @ $1,409 per SF = $31,138,900

BUILDING COSTS for 17 - 1,300 SF CLAW & SPA BEACH BUNGALOWS @ $600 per SF = $13,260,000

10 GROSS PROFIT from 17 - 1,300 SF CLAW & SPA BEACH BUNGALOWS @ $809 per SF = $17,878,900

ARCHITECTS BEACH RESORT MURPHY INVESTMENT GROUP
CRAB CAY, BAHAMAS
CLAW BEACH BUNGALOW

GILL DESIGN GROUP

Landscape Architecture
and Land Planning

12

Income from sale of Harbour Village & Claw Beach Marina Condos

GROSS REVENUE from SALE of 30 - 3,500 SF HARBOUR VILLAGE CONDOS @ $1,409 per SF = $147,945,000 GROSS REVENUE from SALE of 28 - 600 SF CLAW BEACH MARINA CONDOS @ $1,409 per SF = $23,671,200
BUILDING COSTS for 28 - 600 SF CLAW BEACH MARINA CONDOS @ $600 per SF = $10,080,000
BUILDING COSTS for 30 - 3,500 SF HARBOUR VILLAGE CONDOS @ $600 per SF = $63,000,000
12 GROSS PROFIT from 28 - 600 SF CLAW BEACH MARINA CONDOS @ $809 per SF = $13,591,200
11 GROSS PROFIT from 30 - 3,500 SF HARBOUR VILLAGE CONDOS @ $809 per SF = $84,945,000

ARCHITECTS BEACH RESORT MURPHY INVESTMENT GROUP
CRAB CAY, BAHAMAS
MARINA CONDO

GILL DESIGN GROUP

Landscape Architecture
and Land Planning

13

Income from sale of Enclave Estates Villas

GROSS REVENUE from SALE of 19 - 1,300 SF ENCLAVE ESTATES VILLAS @ $1,409 per SF = $422,700,000

BUILDING COSTS for 19 - 1,300 SF ENCLAVE ESTATES VILLAS @ $600 per SF = $180,000,000

GROSS PROFIT from 19 - 1,300 SF ENCLAVE ESTATES VILLAS @ $809 per SF = $242,700,000

13

ARCHITECTS BEACH RESORT MURPHY INVESTMENT GROUP
CRAB CAY, BAHAMAS
EN C LAV E ES TAT ES V I LL A S

GILL DESIGN GROUP

Landscape Architecture
and Land Planning

14

Total Net Income from sales of Bungalows, Condominiums & Villas

1 GROSS PROFIT from 18 - 6,000 SF WELCOME BEACH VILLAS @ $809 per SF = $87,372,000
2
3 GROSS PROFIT from 20 - 6,000 SF UMBRELLA BEACH VILLAS @ $809 per SF = $97,080,000
4
5 GROSS PROFIT from 11 - 8,000 SF CLAW BEACH ESTATES VILLAS @ $809 per SF = $71,192,000
6
7 GROSS PROFIT from 23 - 6,000 SF WALKER ESTATES VILLAS @ $809 per SF = $111,642,000
8
9 GROSS PROFIT from 10 - 6,000 SF CLAW BEACH CONDOS @ $809 per SF = $48,540,000
10
11 GROSS PROFIT from 38 - 3,500 SF HARBOUR VILLAGE CONDOS @ $809 per SF = $107,597,000
12
13 GROSS PROFIT from 20 - 3,500 SF UMBRELLA BEACH CONDOS @ $809 per SF = $56,630,000
1 - 13
GROSS PROFIT from 37 - 6,000 SF HARBOUR BEACH CONDOS @ $809 per SF = $179,598,000

GROSS PROFIT from 28 - 1,300 SF UMBRELLA BEACH BUNGALOWS @ $809 per SF = $29,447,600

GROSS PROFIT from 17 - 1,300 SF CLAW & SPA BEACH BUNGALOWS @ $809 per SF = $17,878,900

GROSS PROFIT from 30 - 3,500 SF HARBOUR VILLAGE CONDOS @ $809 per SF = $84,945,000

GROSS PROFIT from 28 - 600 SF CLAW BEACH MARINA CONDOS @ $809 per SF = $13,591,200

GROSS PROFIT from 30 - 10,000 SF ENCLAVE ESTATES CONDOS @ $809 per SF = $242,700,000

TOTAL 310 - 1,419,300 SF TOTAL @ $809 per SF = $1,148,213,700
15

CN LUXURY RESORT, INC.

Projected Income Statement

16

CN LUXURY RESORT, INC.

Projected Income Statement (continued)

*In calculating the Investors’ Income & Annual Return stated above, the value of the real estate that is attached to the investment was not included.

17

Hotel Value after 8 years

$45,994,923 Gross Revenue
- $36,102,330 Operating Costs
= $9,892,593 Net Revenue

@ 6 x Annual Earnings
= $59,355,558

BEACH RESORT
CRAB CAY, BAHAMAS

MAIN HOTEL

ARCHITECTS GILL DESIGN GROUP MURPHY INVESTMENT GROUP

Landscape Architecture
and Land Planning

18

Why is Crab Cay so Extraordinary? Crab Cay is a Development of Murphy International Development, Ltd. And Holmes Company Limited, Great Exuma, The Bahamas.
The scope of facilities is preliminary and subject to change by the developer without notice. This advertisement does not constitute an offer to sell or a solicitation of an offer to buy real estate, and the real
• Crab Cay is part of The Bahamas, which has the most estate will not be offered or sold in any state or country in which the solicitation, offer or sale of the real estate would be unlawful prior to the registration under the laws of such state or country.
stable government in the Caribbean. While The Bahamas
is an independent nation, it remains part of the British The plans, information, images and artist renderings hereon are provided for illustrative and conceptual purposes only and are subject to modification or elimination by the developer without notice.
Commonwealth.

• Crab Cay is located only 10 minutes from Exuma
International Airport which allows easy access to Crab
Cay via a newly constructed bridge.

• Great Exuma remains unspoiled from over
commercialization, the indigenous people are extremely
friendly and the ocean water is the clearest in the world.

• Crab Cay is protected by three chains of barrier islands
which offer significant protection against hurricane
activity.

• Crab Cay will have one of the largest marinas in the
Caribbean, a region of the world where there is a major
shortage of marina space.

19

1. The Master Developer: Murphy International Development, Ltd. 180 Acres to Enjoy based hotel and resort management company, has been retained by CN
founded by Pete Murphy, has partnered with CN Luxury Resorts to a Lifetime of Discovery! Luxury Resorts to provide technical and management advisory services.
ensure the success of the Crab Cay Development. Pete Murphy and Benchmark has a 30 year track record of success and manages top resort
the Murphy Family have had a history of successful business ventures. The above Mediterranean style, natural stone and hotel destinations worldwide. Among the many hotel and resort
The Murphy Family built Murphy Family Farms from the ground bridge joining Crab Cay to Great Exuma was properties managed by Benchmark is the Hotel Granduca. Located
up and sold that company in 2000 for $460 million to the Smithfield in Houston, Texas, Hotel Granduca is rated four stars by Forbes and
Ham Company. The Murphy family also successfully developed the recently completed at a cost of $10 million. has the distinction of being the only hotel in Houston with “Leading
River Landing residential golf community in Wallace, North Carolina. Hotels of the World” status. Benchmark’s Personal Luxury Collection
Murphy International Development, Ltd. currently owns the Island of represents a hand-picked group of luxurious hotels and resorts located in
Crab Cay debt free and has invested an enormous amount of capital in spectacular domestic and exotic destinations. Personal Luxury Resorts
the island’s infrastructure in preparation for the spectacular Crab Cay & Hotels is the preferred choice of guests who yearn for transformation
Hotel/Resort development. over accommodation, customization over conformity and inspiration
over predictability because true luxury is always personal. For the
2. CN Luxury Resorts: This Corporation was selected by Pete Murphy location of Benchmark’s properties and additional information, visit
to procure the funding for the Crab Cay Hotel/Resort development. www.benchmarkhospitality.com.
Andrew Wells, President / CEO of CN Luxury Resorts, has also held
crucial executive leadership positions in Virtra Systems, Inc., CapNet 4. Construction: Hulke Construction Company,LLC,will be the contractor
Securities, Inc., World Capital Markets, Corp., and is currently the in charge of the actual construction of the Crab Cay Development. Hulke
principal fund manager for the Gallant Capital Fixed Income Fund. is a well established licensed Caribbean builder with an impeccable
Under the direction of Andrew Wells, CN Luxury Resorts initially raised reputation. Hulke was retained to construct the bridge from Great
$1,650,000 for the Crab Cay development via a 504 private equity Exuma over to Crab Cay which they completed ahead of schedule and
offering. Currently, CN Luxury Resorts is in negotiation with several under budget. They recently renovated the Four Seasons at Emerald Bay
institutional funding groups to complete the remaining $110,000,000 for the Sandals Corporation, who purchased the Resort in August 2009.
of equity financing for the Crab Cay resort development; however, CN
Luxury Resorts is concurrently underwriting a second private placement 5. Deutsche Bank: Has committed to financing all condominium
to raise all or part of that remaining equity financing from accredited construction costs at a rate of 1 month LIBOR plus 2%. Not only will
individual investors. Deutsche Bank provide 100% construction financing at an extremely
competitive rate but they will provide, at their expense, on site mortgage
3. Resort Management: Benchmark Hospitality International, a Texas- brokers for those Resort property investors in need of financing.

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full page picture /omit page number

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Why CN Luxury Resort’s Crab Cay Development is the Right Opportunity:

1. Crab Cay will be a private island retreat with a world class resort hotel & spa, accompanied by an exclusive community of privately owned villas, bungalows and condominiums which can be placed in a
rental pool and managed by the hotel. Adjacent to the hotel will be a world class deep water marina which will accommodate yachts up to 300 feet in length.

2. The Bahamian Hotel Encouragement Act, which eliminates import duties on imported building materials used in the Bahamas in the construction of hotels and their associated residential properties,
substantially reduces the building costs of the Crab Cay development. The obvious benefits of lower construction costs are both higher profit margins and lower sales pricing on the resort residential
properties.

3. The Crab Cay enterprise is an all equity development with no debt. Currently the island is completely debt free; therefore, Crab Cay can never be foreclosed on due to an unforeseen inability to service debt.

4. Based on the size of the investment with the minimum investment being one million dollars ($1,000,000.00), each investor will receive a condominium, bungalow or villa with an approximate value
equal to the investor’s cash investment. Additionally, each investor with an investment of two million dollars ($2,000,000.00) or more will be conveyed ownership in a marina berth valued up to 1
million dollars (1,000,000.00). Prior to the conveyance to each investor of a Crab Cay home, CN Luxury Resorts will hold in trust Crab Cay land with an approximate value equal to each investor’s cash
investment to insure each investment. By collateralizing every investment with real estate and ultimately conveying to each investor ownership in a resort residential property, the risk associated with this
investment is substantially reduced.

5. The hotel along with the resort residential properties assigned to the rental pool will be managed by Benchmark Hospitality International, one of the premier hotel management companies in the world. Not
only will each investor in Crab Cay receive a pro rata share of the rental income from all the resort residential properties, but those investors who have been conveyed a resort residential property of their
own will have the option to include that property in the rental pool, thereby providing them with an additional income producing asset.

6. Each Investor will own a pro rata share of the actual hotel building and will receive a pro rata share of any hotel profits from its ongoing operation. Should the hotel be sold, investors will also receive a pro
rata share of the proceeds from that sale.

7. Each Investor will own a pro rata share of the profits from the sale of every bungalow, condominium and villa. The total net profit from the sale of the 310 resort residential properties in the Crab Cay
development should be close to 1.2 billion dollars.

8. The Crab Cay development should provide investors with annual returns of between 23% and 36% averaged over a ten (10) year horizon. For a real estate backed investment, these yields are
extraordinary. For Instance, most REITs provide annual returns of less that 10%.

Note: The information contained herein is for illustrative purposes only and should not be considered an offer for sale or solicitation of any type
of securities. Any accredited investor interested in the referenced business opportunity herein should contact CN Luxury Resorts, Inc. directly
for full private placement disclosure documents, which contain the risk factors and offering information.

22

$110,000,000 in Equity for 49.5% Ownership of CN Luxury Resorts
plus undivided ownership of a villa, bungalow, or condominium

Note: The information contained herein is for illustrative purposes only and should not be considered an offer for sale or solicitation of any type
of securities. Any accredited investor interested in the referenced business opportunity herein should contact CN Luxury Resorts, Inc. directly
for full private placement disclosure documents, which contain the risk factors and offering information.

23


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