Plain Bay Enterprises, Ltd.

Plain Bay Enterprises Ltd., (PBE) is a Bahamian corporation doing business as Great Guana Cay Resort and Marina, that was formed to purchase up to 500 plus acres of Crown land located on Great Guana Cay in the Exuma Chain, Bahamas. PBE is controlled by Mr. Allen Smith, a Bahamian citizen and native of Great Guana Cay who owns 93% of stock in the company.

PBE plans to develop a resort, golf course, boatyard, and marina on the acquired land. this mix use development will also include residential building sites; townhomes and beachhomes to be built in phases as the market dictates.

Mr. Smith understands development in the Bahamas and realizes that for a project of this magnitude to be successful, he must create demand through strategic phasing of both products and amenities. Mr. Smith also understands the importance of preserving the Bahamian charm that attracts people to do this type of destination resort and plans to maintain such an atmosphere, adding to the success of the project.