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Banana Bank Ranch Retains Firm to Sell Teak Plantation

10 Year Old 100 Acre Teak Plantation in Belmopan, Belize, Central America

March 10, 2008 - The owners of Banana Bank Ranch, a 4,000 acre multipurpose ranch, farm, and tropical forest lodge (www.bananabank.com), nestled in the Belize River valley in Belmopan, Belize, Central America has retained the sales consulting firm The Allasso Group of Norwalk, CT USA to represent their interests in the sale of their 100 acre Teak Plantation.

"This represents a great opportunity to leverage the burgeoning international teakwood market without having to wait 20+ years for a return on investment in a new teak venture," says Dan Gallo, Managing Director of The Allasso Group. "The Banana Bank plantation is well established at over 10 years of growth and is already proven to be a great location for growing teak. Revenue from an estimated 670,000 board feet of young teak can be expected from plantation thinnings in 2009 through 2012."

For information on the details of the offering please contact Dan Gallo, dangallo@allassogroup.com, in Norwalk, CT USA at 203 845-9563. Please go to www.allassogroup.com to see pictures of the teak plantation, including video and aerial pictures, a table showing sample tree sizes from each plot, projections on the selling price of teak, forecasts on the revenue opportunity, an overview of this transaction, and more. Additionally, if interested, Gallo has written a separate proposal to act as senior executive in the acquisition of the teak plantation and launch several business units to facilitate job creation and economic development in this impoverished country.
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