EFTA01110384.pdf

Nevada Blue Entertainment LLC Summary Business Plan Waldorf Astoria London Theme Las Vegas EFTA01110384 Largest Undeveloped Property on the Las Vegas Strip a- - 38.5 ACRES and available. THE LARGEST There are very few Strip frontage properties that ale pc vate,y o.vned PRIVATELY OWNED LAND Most of the Strip is developed or owned by large gaming companies. Giving you the advantage of a confidential transaction. ON THE LAS VEGAS STRIP EFTA01110385  London Based Architectural Theme EFTA01110386 Unique Theme EFTA01110387  Approved for 505 ft. Height on the Strip 600 ft 500 ft lik 400 ft 300 ft 200 ft WO ft NEWYORK YSKY.96.5- VERTICAL HEIGHT OF THE SITE THE STRIP PROPERTY ! •`! 11AT A 64 an LAS YIGAS AIN MGM GRAND. LASVEGPSOLVD SOUTH.TH RIP 194rirt UPTO 4' GRIT Studies have been performed BASED ON FAA by architects to determined this GUIDELINES, THE PROPERTY property could accommodate CAN HAVE A BUILDING UP TO 10,000+ hotel rooms. 505 FEET ALONG THE STRIP. EFTA01110388 Permitted for up to 10,000 rooms THE GATEWAY TO THE STRIP WOULD DE THE FIRST HOT L/C.INO SEEN FROM I iIS TRAFFIC COMING FROM SOUTHERN CALIFORNIA. EFTA01110389  London Las Vegas Development Plan Phase I • Waldorf Astoria Resort (600 Keys) • Waldorf Astoria Condo Hotel (300 keys) • Shangri-La Hotel (500 keys) • Virgin Hotel (400 keys) • Convention Center 500,000 sq. ft. • Casino 150,000 sq. ft. • Retail 200,000 sq. ft. (Potential Harrods partnership) • 24 restaurants/club/lounge • Spa 60,000 sq. ft. • Entertainment Complex 120,000 sq. ft. • Theater 10,000 seat (potential Frank Lloyd Webber partnership) EFTA01110390  London Las Vegas Development Plan Phase II • London Las Vegas Hilton (2,000 keys) • An Additional two Waldorf Astoria Condo Hotels (600 keys) • Additional Convention Center 1,000,000 sq. ft. • Additional Retail 200,000 sq. ft. • 10 restaurants/club/lounge • Additional Theater 3,500 seat EFTA01110391  Value Proposition • The largest undeveloped parcel of land on the Las Vegas Strip • Across from Mandalay Bay and Four Seasons • South Strip properties have the highest per property EBITDA. • Closest site to the airport (27 million annual visitors) • First resort site traveling north on 115 coming from Los Angeles (23 million annual visitors. • One mile north of the new consolidated car rental center (8 million annual visitors) • Closest property to the two private FBO's. • Partner Guarantee reduces construction completion/cost overrun risks • Waldorf Astoria is Worldwide recognized in the luxury market. • Hilton has the largest hospitality client base in the world. • Hilton greatly desires a Las Vegas presence EFTA01110392 Key Contacts: Daniel Evans Managing Partner and Board Member 32 years Capital Structure Expertise John Davies Chief Development Officer and Board Member 40 years expertise in Hospitality Development and Construction Managed over SSB in projects John O'Brien Advisor and Board Member Former CEO of Foxwoods Casino 30 years of hospitality/casino experience TBA CEO and Board Member TBA Former CEO of a major Las Vegas Resort/Casino 30 years of hospitality/casino experience David Ivey Counsel Attorneys at Law Waldorf Astoria Vegas EFTA01110393  Underlying Collateral and Investor IRR • Project financing required of $2.6B to purchase and construct the property through Grand Opening. Loan is collateralized by a first lien on the real estate and equity in the project. • Project financing is requested at a 5% annualized interest only for a period of 5 years with a balloon and a equity offering of 30% of the common shares in the project. • Project will purchase a public shell corporation and engage a tier 1 New York Investment bank (likely Goldman Sachs) to manage and become a market-maker for the shares. The project will allocate 10% of it shares for a second round of equity anticipating raising $500 million. • Management has performed internal analysis and anticipates annualized cash flow from resort/casino operation, upon stabilization, of approximately $420 million and cash flow from real estate operations of $150 million annually. Management anticipates third year operating performance of a $10 Billion Market Capitalization. EFTA01110394  Optional Funding Opportunity • Management has a working relationship with Argenthal an European Investment Bank who work intensively with a London fund who has offered to funding 100% of the project requirements with no debt service and a 30% equity position. • The requirement is that the project is required to provide a completion guarantee in the form of a Bank Guarantee or select other security which is released upon certificate of occupancy. The cost of the Bank Guarantee can be reimburse out of first drawl. • There is a mandated repurchase or liquidity requirement no sooner than the fifth year and no later than the tenth year. The projects anticipates becoming a public entity prior to its grand opening. • A Bank Guarantee provider would have a completion guarantee from Skanska thereby minimizing risk. The Bank Guarantee provider would be offered a 10% equity position in the project. EFTA01110395