The Captain understands how it is to get part way through a
nautical project and have things come up short. Physical or Financial
difficulties and lack of Time are the most common causes of incomplete
projects. There are many reasons why things slow down, stop, and finally just "sit
there". The Captain has come up with a solution to this problem that many of you
face.Join the Captain’s Project Pool!
The Captain is prepared to take most worthwhile nautical projects off your hands
and make it possible for others who are looking for nautical projects to consider taking
your old project into their hands.
Here’s how the Captain’s Project Pool works:
The Captain and each project donor agree upon the value of your specific project. The
project is taken by the Captain and booked into the Project Pool at an agreed upon value.
A certificate of value issued for future credit on another Project Pool boat item after
sale of donor project. The Project Pool consists of your former project and all the other
nautical projects donated to the Project Pool. The Project Pool is advertised to all
members of the Project Pool Group in a monthly printed newsletter published by the
Captain.
The Project Pool Group is composed of all project donors and others who want to acquire
a nautical project but for some reason are not yet able to acquire their project. All
projects are wholly owned by Project Boats. Maybe they have not found the exact sailing
yacht or powerboat that they want. Perhaps they are not ready financially to buy the
project now. Then too, there will be Project Pool Group members who are ready now to make
a commitment to your former project. They are ready, willing, and will buy it today!
Each nautical project in the Project Pool Group has a specified, market-driven value.
Should a project donor want to upgrade his project, he will be able to do so by adding the
required additional cash value to his earlier established donor value and then take
delivery of the new project.
The Captain will undertake to obtain additional projects from time to time and will
list them in the monthly Project Pool Newsletter, distributed to all Members of the
Project Pool. The Project Pool Newsletter will list the project description, condition,
location, and assigned value. The Captain will undertake to transfer projects on a
"Plus 25% Basis". Any transportation fees will be subject to individual
arrangement.
There is a Membership Fee for all members of the pool without a transfer prospect.
Initial Membership Fee is US$500.00 with a monthly maintenance fee of US$100.00.
At the Captain's option, it is possible to donate your project for a certificate of
value redeemable in cash to Project Boats after sale of donor project. There will be an
additional fee as quoted by the Captain on a project per Project Boats.
Full credit will be given by The Captain for all membership fees paid when a member
purchases the new project.
This new approach to moving stalled projects along into a waiting market offers a
solution to many a sailor’s big headache—How To Get Rid of a Stalled Project!
This new approach also provides a means for informed persons to have "First
Call" on new projects announced by the Captain that could meet their requirements.
Join the Captain’s Project Pool group today.
Get rid of our headache next week.
Join the Captain’s Project Pool group today.
Find your new nautical projects in next month’s newsletter.
