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Sharksbaja
Elite Nomad
Posts: 5814
Registered: 9-7-2004
Location: Newport, Mulege B.C.S.
Member Is Offline
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"listened to Q&A where several buyers made statements of what a great decision they made, and then it was over. No Loreto Bay person approached us
the entire time, even on our way out"
Now that IS clever. Considering how many folks are in and settled(?) and willing to share all that positive news with potential buyers at some
meeting. I am impressed.
DON\'T SQUINT! Give yer eyes a break!
Try holding down [control] key and toggle the [+ and -] keys
Viva Mulege!
Nomads\' Sunsets
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wilderone
Ultra Nomad
Posts: 3821
Registered: 2-9-2004
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This is interesting - saw it on the LB website.
"Beginning in February of 2007, North America's largest sustainable resort development will offer beachfront vacation home rentals for 3, 6, 9, and 12
month lengths. The home owners participating in Loreto Bay Vacation Home Rentals have furnished their homes in selected fixtures, appliances and
furnishings that blend the ambience of traditional Mexican architecture, modern luxuries and the wonderful indoor/outdoor living opportunity that are
only possible in Baja."
Prices start around $1,350 per month for a 1 bedroom. Not a bad deal for 6 Mexican LBC workers sharing a 1 bdrm! I think LBC should give them a
discounted employee rate. They wouldn't discriminate would they?
And a distinct deviation from the Rental Program proposed in 2004, where they outlined $200/night for a 2-bdrm. LBC Prop Management wanted a 50-50
split. I guess they figured out that was a fantasy. Being able to rent instead of buy I think would impact future sales as well. Why take the risk,
pay the bills and the Beach Club membership? "North America's largest sustainable resort development" - HA!
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
Member Is Offline
Mood: undecided
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$200/night? 
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bajabeachbabe
Nomad
Posts: 150
Registered: 9-11-2006
Location: Loreto,
Member Is Offline
Mood: Loving life
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Bajashar,
We didn't go to Loreto on a LB junket, and never looked at the project except at a distance. I don't like the idea of being spitting distance to my
neighbor.
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TyMad
Newbie
Posts: 1
Registered: 5-4-2007
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The LBC rental program is just starting, and since they don't have the infrastrcuture to accommodate nightly/weekly vacationers yet...they are
offering long term rentals. It's a perfect solution to allow the home owners to have some income (more than the to 50/50 split) during their ramp up
period.
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Crusoe
Senior Nomad
Posts: 731
Registered: 10-14-2006
Member Is Offline
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What happens when they run out of water? Will they give everyone their money back?
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flyfishinPam
Super Nomad
Posts: 1727
Registered: 8-20-2003
Location: Loreto, BCS
Member Is Offline
Mood: gone fishin'
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| Quote: | Originally posted by TyMad
The LBC rental program is just starting, and since they don't have the infrastrcuture to accommodate nightly/weekly vacationers yet...they are
offering long term rentals. It's a perfect solution to allow the home owners to have some income (more than the to 50/50 split) during their ramp up
period. |
The long term rentals are mostly for Loreto Bay workers.
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backninedan
Senior Nomad
Posts: 865
Registered: 3-8-2003
Location: Loreto
Member Is Offline
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Tymad, are you a Loreto Bay owner, or an employee??
[Edited on 5-5-2007 by backninedan]
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Crusoe
Senior Nomad
Posts: 731
Registered: 10-14-2006
Member Is Offline
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Maybe someday they will win awards for....... Completely destroying and degrading a huge ( and one of the most beautiful views) of one of the nicer
most dramatic short streches of pristine coast lines in BaJa.........And if you look closely at their corporote info.....brochures etc., they are an
international company based in the U.K., and doing alot of completely bogus business promotions all over from S. Amereica to Ireland, and Mexico and
the US......Untouchable and not responsible to any one. Really Now....It does not cost anyone or any company that much to advertise in the San. Diego
Union and reel in a bunch of people who have been on "DUMB PILLS" for 40 years and think they are going to retire in Mexico and their life problems
are all solved. So what will be the cultre change in Loreto?? No more Mexican smiles in nice quaint little restaurants? Just a bunch of more of Wall
Mart shoppers who have no clue how far it is to the water? What water?.....
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oldhippie
Banned
Posts: 742
Registered: 6-25-2006
Member Is Offline
Mood: muted
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Oh no, I swore off this thread, it was taking way too much of my time. BUT $1350 a month for a one bedroom! That's above Cabo prices. And in Cabo you
have something to do after you realize the ocean view is the same every day. Heck you can get a one bdrm on the beach in San Diego for that. And San
Diego is a much better place to be during the summer. It's hotter than hell in Loreto.
Here's a nice little one bdrm at the cape for $575
http://bajasur.craigslist.org/apa/323674430.html
http://bajasur.craigslist.org/apa/
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oldhippie
Banned
Posts: 742
Registered: 6-25-2006
Member Is Offline
Mood: muted
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well I did it again, wasted a bunch of time researching these destroyers of nature, these %^$#% SOBs who are nothing but glorified used car salesmen
who don't care about anything except getting richer.
These amoral liars claiming what their doing is environmentally sound when in fact they're taking beautiful pristine country and building houses, golf
courses, and a whole bunch of other stuff that ends up producing GARBAGE AND POLLUTION.
And they're selling their "authentic mexican charm" at tremendously inflated prices to unsuspecting Canadians who aren't sure how to say NO in spanish
and don't have a clue about desert living. What makes a desert a desert? - NO FREAKING WATER!! And I just read they're planning on TWO 18 hole golf
courses!! Jesus Christ almighty, how stupid.
Tell me, are they going to haul away the 1000s of plastic containers that will be tossed out every day in electric golf carts? And just where is the
guy who is driving the pollution belching garbage truck to the other side of the hill where the smoldering dump is going to live? Probably in the
dump.
Read this, it's what is being destroyed by these money grubbing agents of the devil.
"Across the street from Misión de San Javier, 36 km. from Loreto, Carlos Ignacio Martínez Bastida squints when asked what his life is like here:
"Happy—I lack nothing here, I have what I need, although it's true that you don't have everything here, but you don't need a lot and I do what I like
to do," he says. His way of thinking is unfathomable for a foreign investor or a politician, always thinking of how to obtain more. Meanwhile,
Martínez works in the field from 8 a.m. to 5 p.m., uses a bicycle to get around, and appears to have no notion of what it's like to be in a hurry. His
house has drinking water and in the town there is a health center. Each family in Misión has its own plot of land where it grows garlic, tomatoes,
onions, peas, broad beans, papayas, mangos, lemons, oranges, and grapefruit. They sell their products to stores in Saint Rosalía and Loreto."
His grandchildern will be washing dishes, covered in sweat, in the back of a restaurant barely making enough money to put a roof over their heads.
Maybe his granddaughters will be turning tricks in the back of some bar for horny old pasty white geezers with pockets full of Viagra and wallets full
of money. (No offense meant to my fellow nomads 8^).
Loreto is doomed. I gotta stop these guys. They're marketing experts, the drivel they put out in their press releases is all over the web.
But I did manage to find the TRUTH.
http://americas.irc-online.org/am/4080
http://www.usatoday.com/news/world/2005-11-30-baja-boom-side...
This made me want to puke:
http://www.artedeloreto.com/
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bajashar
Newbie
Posts: 4
Registered: 5-3-2007
Member Is Offline
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Crusoe, you said "they are an international company based in the U.K., and doing alot of completely bogus business promotions all over from S.
Amereica to Ireland, and Mexico and the US......"
I thought Loreto Bay Company is a Canadian/American corporation headquartered in the US, in Arizona......a subsidiary of The Trust for Sustainable
Development in Canada. How are they linked to the U.K?
I've been looking for some kind of annual report on them or even a business plan, but haven't found anything yet. Anyone have any ideas where I look
for such plans or reports?
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Baja_Girl
Nomad
Posts: 157
Registered: 4-2-2007
Location: Pasadena, CA
Member Is Offline
Mood: suavidad
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If they are a privately owned corporation, then I do not think that they need to publish an annual report or business plan to non-owners. I have not
seen a pitch to prospective "investors" in the company - only the b-s that Oldhippie is describing above to gringo dummies who are willing to buy
there.
I posted another, more recent, usatoday article (april, 2007) and it is utterly shocking that the media (so-called journalists) receive "media
packettes" from LBC and then dessiminate LBC b-s (without question) as if its real news...
When I read this blog, I am beyond angry and annoyed - how could buyers be sooo stoopid? Maybe we can post something in the airport? "Go Away -
there is no such thing as "sustainability" - if there was, then why the f--k is there water-rationing in the Florida Keys???" she screams as she
pulls her hair out...
Oldhippie - if there is anything that we can do - count me in - I would love to nail those bastards, too.
Loreto, as it is, has my love...and should not be destroyed...
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bancoduo
Banned
Posts: 1003
Registered: 10-3-2005
Location: el carcel publico mazatlan sin.
Member Is Offline
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LET THE TRUTH BE KNOWN!
http://www.ewire.com/display.cfm/Wire_ID/2563 
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Baja_Girl
Nomad
Posts: 157
Registered: 4-2-2007
Location: Pasadena, CA
Member Is Offline
Mood: suavidad
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exactly...bancoduo...who is feeding the media this bullsh*t - any why is it being presented as news? A consultant???
Reminds me of this statement:
Consulting: If you can't be a part of the solution, there is money to be made in prolonging the problem."
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oldhippie
Banned
Posts: 742
Registered: 6-25-2006
Member Is Offline
Mood: muted
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The link bancoduo posted states "The Villages of Loreto Bay, an authentic Mexican seaside community in Baja California Sur, has reinforced its
commitment to sustainable development by hiring David Veniot, former president of Earth Day International, as Vice President for Sustainability."
Oh really, well that was back in 1992:
http://www.zoominfo.com/people/Veniot_David_738507171.aspx
Since 1997:
"David Veniot is a private consultant with 10 years experience in marketing and public relations. He is currently providing Internet marketing
services as a principal consultant with The Strategy Group in Vancouver. As well, Mr. Veniot is a partner with the IPO NASDAQ Network, the largest
provider of new, clean NASDAQ shell companies in Canada and western USA. As a trusted intermediary, Mr. Veniot facilitates introductions between
buyers and sellers of public shell vehicles. All transactions are conducted through top Canadian and American law firms specializing in U.S
securities."
Don't be confused about the word "clean" above. It has nothing to do with the environment. I think it's referring to non-corrupt.
He must have found a high maintenance arm piece because he's changed careers from environmentalism to high stakes venture capitalism:
http://www.canadait.com/cfm/index.cfm?It=102&Id=1048&...
A public shell is a vehicle (method) used to take private companies public via "the back door". It's actually an inactive public corporation. It's
legal but somewhat slimey. The SEC has recently reigned these guys in but I think there is still a slimey aspect to it. So, maybe we'll be able to buy
stock in Loreto Bay after it goes public. And we all know the prime responsibility of public corporation is to its shareholders. And gosh darn it,
this environmentalism stuff can really chew up profits. I wonder how many shares the execs of Fonatur will get for pennies on the dollar.
Man these guys are slick and I don't believe a word of their good intent. They are all in it purely to make money (which in itself is OK) but they're
doing it by (I think) false marketing and playing on he fact that finally, after 30 years, there aren't any more a holes calling environmentalists
tree huggers and other derogatory names.
This is perfect, high stakes Wall Street money men using the most sophisticated and only somewhat transparent schemes, coupled with an incredibly
expensive marketing program that plays upon environmentalism and really stretches the truth and is targeting baby boomer IRAs and 401Ks that are
coming loose, coupled with expensive law firms, coupled with FONATUR Mexican officials (is there corruption in Mexico?), devasting an area populated
by simple, hard working, largely uneducated folks who think a $1000 dollars is a fortune.
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oldhippie
Banned
Posts: 742
Registered: 6-25-2006
Member Is Offline
Mood: muted
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I wonder if an investigative journalist at the San Diego Union would like to get on this. San Diego has plenty of readers who are interested in Baja.
It would help them sell newspapers if in fact, as I suspect, there's some shenanigans going on.
But they are good at covering their asses. From their brochure:
Warning the California Department of Real Estate has not examined this offer. Including, but not limited to, the condition of title, the status of
banket liens on the project (if any) arrangements to assure project completion, escrow practices, control over project management, racially
disciminatory practices (if any), terms, conditions, and price of the offer, control over annual assessments, (if any) or the availability of water,
services, utilities, or improvements. It may be advisable for you to consult an attorney or other knowledgable professional who is familar with real
estate and development law in the country where the subdivision is situated.
I like lawyers, they are so good at pointing out areas where there may be problems. I really like "or the availability of water". I guess they're a
bit unsure about it too.
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flyfishinPam
Super Nomad
Posts: 1727
Registered: 8-20-2003
Location: Loreto, BCS
Member Is Offline
Mood: gone fishin'
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| Quote: | Originally posted by Baja_Girl
Oldhippie - if there is anything that we can do - count me in - I would love to nail those bastards, too.
Loreto, as it is, has my love...and should not be destroyed... |
Count me in too Ol'hippie take a look at your U2U don't know how else to contact youin private. I don't U2U often though so I'll check when I can.
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Crusoe
Senior Nomad
Posts: 731
Registered: 10-14-2006
Member Is Offline
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Bajashar......Go to Bajalero"s post on page 10 and click on www.econergy.com/investors_relations. You could easily spend 40 hours of your time their sluething out the chain of win/win bogus endeavors but
the bottom line is the names on the companys Presidents and "Salaried Board of Directors and Consultants" are the same people as who own and run and
are greenwashing the hype of L.B.. Its an international money laundering shell game. Big time. If they are so " sustainable" then why haven't they
done something to secure and sustain there own warter supply?? Well I can tell you why.....The right amount of cash got shoved in some Mexican
officials pocket and they are allowed to outright steal the locals water...... and when its all gone they will be long gone back to England... or
wherever.......thats what they would like you to think. But the money will end up in a Swiss Bank and then transferred to a bank in Ont. Canada then
wind up in in San Francisco and elsewhere. Big shellgame..acountable to no laws or rules. Just wrecks the environment.
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bajashar
Newbie
Posts: 4
Registered: 5-3-2007
Member Is Offline
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Thanks Crusoe. I see the UK connection you were making. How do you feel about the other companies Loreto Bay is working with?
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