SUMMARY OF PROJECT THIS IS NOT TIME SHARE, THIS IS REAL SHARE AND ALSO ENJOY THE LIFESTYLE OF A MULTI MILLIONAIRE

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1 SUMMARY OF PROJECT THIS IS NOT TIME SHARE, THIS IS REAL SHARE OWN 5% OF LONDON S LARGEST LUXURY YACHT HOTEL IN WEST INDIA QUAY, CANARY WHARF FOR 65,000 AND EARN AN INCOME OF BETWEEN 17% TO 30% PER ANNUM, INCREASING TO BETWEEN 75% TO 100% PER ANNUM AFTER SIX YEARS. PLUS A FREE PARTY EVERY YEAR FOR FORTY PEOPLE WITH ALL FOOD, SPIRITS, WINES, BEERS AND BEVERAGES SUPPLIED WORTH ALTERNATIVELY BUY A 1% SHARE FOR 15,000 AND EARN A GUARANTEED DIVIDEND OF 10% PER ANNUM PLUS A FREE PARTY FOR FORTY PEOPLE WORTH AND ALSO ENJOY THE LIFESTYLE OF A MULTI MILLIONAIRE 50% SHARES ARE AVAILABLE AS 50% HAVE ALREADY BEEN PURCHASED BY THE PROMOTER SHAREHOLDERS. My name is Martin Thomas FCA, I am a chartered accountant with offices at 300 Vauxhall Bridge Road, Victoria, London, SW1V 1AA. My company is called Tax Assist Accountants and our website is My is info@apart-ment-hotels.com. I would like to introduce a very profitable and exciting Luxury Yacht Hotel Project to individuals and companies, that my clients have put together. They are Lord Mereworth, Benjamin Peter Gribble a Credit Suisse Banker, Prince Sidi Muzzafar Khan who used to own Club Royale a Business Dining and Night club in Mayfair and the Yacht Club in Victoria Embankment London, Sanya Kaur the reservation manager of a Five Star Riverside hotel, Jane Orrell a marketing executive, Ziad Zafar Khan a BBC journalist, Alice Thomas my daughter and 3 other individuals. (Jointly referred to as the Promoter shareholders). They are buying a Luxury Yacht Hotel, which is moored in West India Quay, Canary wharf, London E14 4ED. It is opposite the five star Marriot hotel and 7 trendy restaurants and bars. The ten screen Cine World cinema and a State of the Art Fitness club are across the road with parking for over 500 cars. The Fabulous Restaurants, Wine bars, Cafes and Luxury shops of Canary Wharf are just a minute s walk away.

2 They are not buying it to cruise around in the Mediterranean but to operate it as a luxury boutique hotel and party venue. They are buying the Yacht for 2,450,000 and have already secured a loan of 1,150,000 to be paid back over six years at an interest of only 5% per annum. Therefore all they are paying upfront is 1,300,000. They have opened a Limited company called THE PRESIDENT S YACHT HOTEL LONDON, which will be used to purchase the Yacht and they will trade under the same name. There are 100 shares in the company and they have divided them into 17 units of 5% share at 65,000 and 15 units of 1% share at 15, % of the shares have already been reserved by the Promoter shareholders, they are investing a total of 650,000 jointly. There are two directors, namely Dominic Browne Lord Mereworth and Ziad Zafar Khan. Any investor is more than welcome to become a director, if they so wish. The reason they have decided to sell shares to other investors is because after a year, they intend to open more of these luxury yacht hotels in Royal docks and want to create an investor base. In order to ensure that each NEW investor earns an income before a dividend is declared, they have allocated the best ten weeks in the summer, 7 weeks for every new 5% shareholder and 3 weeks for every new 1% shareholder jointly. These ten weeks will be rented out on behalf of the NEW shareholders by their managing agents Apartment Hotels London. The return will be a minimum of 17% to a maximum of 30% per annum for each shareholder. If a shareholder prefers to use their allocated week to stay on board, they are more than welcome to do so. They will still be entitled to their share of any dividend declared at the end of the financial year. Ten weeks will also be allocated to the Promoter shareholders, thirty weeks are being set aside to earn the monies to pay the loan and interest and two weeks for maintenance and repairs if any. However the Promoter shareholders will NOT take their allocated ten weeks until all outgoings have been paid.

3 The yacht is 34 meters long (112ft) and is the largest and most luxurious yacht in London. Royal families and billionaires may have their super yachts in the south of France and elsewhere but no one gets to see them, whereas our yacht is right here in canary wharf, moored in the most futuristic and affluent location in London. It boasts three en suite staterooms, two twin en suite bedrooms, a luxurious lounge with its own bar, dining area and smoking deck. There is a kitchen galley in the lower deck with accommodation for four crew members. On the middle deck there will be a permanent marquee, where one can hold a sit down dinner for 30 people or a party/ business reception for 40 persons. It is also ideal for an exclusive property launch or an art, jewellery or high fashion exhibition. It is a more glamorous version of thier only competitor, the 135 bedroom Sunborn ship hotel, moored in royal docks next to the excel exhibition centre, opposite city airport. They own 2 ship hotels in London and Gibraltar and are launching a new one for 150 million dollars, because they are more in demand than land based hotels and since they are made of steel, they have a longer life than brick and mortar. The Sunborn hotel charges approximately 6000 for five bedrooms, a Private room for a continental buffet dinner for 40 persons, limited drinks and a staff of four. However, the party has to end in four hours (8pm to midnight) and the host and the 8 guests invited to stay the night, will have to retire to one of the bedrooms, if they want to carry on partying but will have to mindful of the other 200 plus guests staying on board. They on the other hand, will charge 7750 for a similar party for 40 people, there will be a choice of Continental, Chinese, Indian or Lebanese cuisine with unlimited spirits, wines, beers and beverages. Alternatively if one prefers, they can hire the Yacht on a dry hire basis for 5750 and arrange for their own food and drinks. The party can start anytime from 3pm till 1 am. After the guests have left, the ten persons staying the night on board can carry on partying all night, with drinks on the house and not have to worry about disturbing other guests as they will have the yacht all to themselves. They will

4 be served a champagne breakfast between 8am to 11am the next morning. Furthermore, there will be a staff of eight at their service. At the moment, the present owner is renting it out between 1500 to 2500 per night as there is no marketing to speak of and all his bookings are through word of mouth, repeat bookings and the occasional advert in booking portals. Having said that, he rented the Yacht for 6500 on the 25 th of July, 2015 including dinner and drinks which cost him 2000 approximately. Consequently, he made a profit of 4500 that night. As mentioned earlier, they have set aside 10 weeks for the new shareholders, 10 weeks for the Promoter shareholders and 30 weeks to earn the monies to pay the loan of 1,150,000 over six years and 2 weeks for maintenance, etc. Each 5% shareholder will be entitled to the following benefits:- 1. A FREE party from 7pm till midnight for 40 persons every year, with a choice of a Continental, Chinese, Lebanese or Indian buffet. There will be an unlimited supply of champagne, spirits, wines, beers and beverages. After the party ends, nine guests can stay the night on board and the party can carry on. A champagne breakfast will be served in the morning. The cost of this party would normally be They will be entitled to stay on board for one week for a holiday along with 9 friends and family with a staff of four at their service throughout their entire stay. If they want to use the yacht as a business residence, they are free to choose 7 different nights. They can stay in the master stateroom and rent the 4 other staterooms and bedrooms out, through our booking agent apartment hotels London limited. 3. Alternatively, if they want an income as mentioned earlier, they can rent their entire week and even at 50% of the rack rate ( 2875) they will be able to earn a minimum of 11,500 a return of 17% p/a (4 nights) to a maximum of 20,125 a return of 30% p/a (7 nights). 4. They can use the yacht as their registered office for their business or as their personal address. Shareholders will be able to use the Yacht for a

5 business or social lunch between 12 and 3pm FREE OF COST when guests check out and in. They will have a choice of restaurants to order from and the food will be collected and served by the staff on board. Each 5% shareholder will be entitled to 15 bookings a year. All they have to do is pay for the food and drinks they order. 5. They will also be entitled to hire the yacht for 2875, which is 50% of the rack rate of 5750 for two business or private parties per year. 6. They will be paid a commission of 15% for any bookings they introduce. 7. They will be paid 5% of any dividends declared at the end of the year. The 1% shareholders will be entitled to one free party worth 7750 plus a guaranteed dividend of 10% per annum. When a dividend is declared at the end of the year, they will be paid their share less the 10% they will already have received. They will also be entitled to use the yacht as their business or personal address and to have 6 business or social lunches on the yacht a year. The maximum shares a person can buy is 20% for 260,000. In six years, when the loan is paid off, each 5% shareholder will be allocated another week free of cost. If rented their income will be a minimum of 4000 a night as the rack rate will have been increased from 5750 to 8000 per night. The income will be a minimum of 32,000 (8 nights) to a maximum of 56,000 (14 nights) which along with the FREE party which will cost at least 9000, is a 100% return on the original investment of 65,000. As a comparison with a property on land, if one were to buy a penthouse in canary wharf for 2,450,000, the WOW factor would not be there as there are hundreds of penthouses on the river Thames, as a matter of fact, every building has a penthouse. The maximum rental income for the penthouse will be 2500 per week, whereas the yacht even, at half the rack rate, can earn that in one night.

6 Rental values are worked out using a simple formula that is for every 100,000 a flat costs, the weekly rental is worked out at 100 per week, consequently a property costing 1,000,000 should earn a rental of 1000 per week and so on. Since the yacht will be owned by shareholders, they will be able to transfer their shares to their children and theirs in turn to theirs. However, if you plan to sell your shares to any person other than immediate family, the shares will have to be offered to existing shareholders first. Lastly, as mentioned earlier, A STEEL YACHT HAS A LONGER LIFE THAN BRICK AND MORTAR AND IS ALSO EASIER TO MAINTAIN. As the company s accountants, we will the account to shareholders every three months. AN IDEAL INVESTMENT FOR A PERSON LOOKING TO BUY A PERMANENT HOLIDAY HOME OR A BUSINESS BASE IN LONDON. The ideal investment for a family or a business person that visits London for an average of one month a year for a holiday or business meetings, is to buy 4 units of 5% each (20% of the entire company) for a total of 260,000, entitling them to 28 nights on board. They will be able to live the glamorous life of multi-millionaires on board the largest luxury yacht in London with a staff of four at their service. They can invite friends to stay the night and have fabulous parties on board. A business person can book 28 different nights a year and if they only need one stateroom they can rent the other two staterooms and two twin bedrooms through Apartment Hotels London for anything between 150 to 250 per night. They will also be able to entertain business clients on board. Alternatively, if they are buying it as a buy to let business, they will earn an income of 46,000 per annum (16 nights) to a maximum of 80,500 per annum (28 nights) at half the rack rate of 2875 per night. After six years, when is the loan is paid off, they will be allocated another 4 weeks free of cost. As the rack rate will have increased to 8000 per night, consequently, even at half the rack rate of 4000 per night, the minimum

7 income will then increase to 128,000 per annum (32 nights) to a maximum of 224,000 per annum (56 nights). Plus 4 free parties worth 36,000 (a total of 260,000). If one were to buy a flat for 260,000, all they will be able to buy is a one or two bedroom flat in zone 4. Obviously one cannot compare a one or two bedroom flat to a luxury yacht with three en suite staterooms and two en suite twin bedrooms with a permanent staff of four at their service and with no other outgoings to worry about. The other problem of owning a flat as a holiday or business home is that, if one chooses the best four weeks in the summer or different nights during the year, it will be impossible to secure a long term tenant and the only option will be to let it for short lets. However, the problem is that in new developments one is discouraged from entering into short let leases and nightly rentals are out of the question.