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Paramito Global Holdings Announces Investment Activities
Tue, 22 Jul 2008, 12:36:55 EDT
Edited by Liisa Sullivan
LAS VEGAS, Nev., July 22 (SEND2PRESS NEWSWIRE) -- Paramito Global Holdings, Inc. (PGH), the parent company for PGH-Canada, Ltd., Paramito Asset Management, LLC, Paramito Pictures, LLC and Affinity Financial Services, LLC (AFS), all hold investment opportunities to reflect the current market -- alternative energy, real estate, film and entertainment, and corporate finance.
 PGH-Canada, Ltd. and partners have plans to develop wind projects, nationwide in Canada, in excess of $1 billion.
"The Canadian market is in the midst of an alternative energy boom with a growing demand for 14,000 mega watts, forecasted to be implemented by 2015," explains Albert A. Paramito, Jr., CEO of Paramito Global Holdings. "The Canadian wind industry has the potential to become the fifth-largest wind energy producer in the world."
Paramito Asset Management, LLC, will also be developing a commercial and residential community over the next seven years on 5,500 acres of land in California with a current estimated value of $2 billion. The plan includes the development of a hotel resort and convention center; retail mall; office campus; and residential housing. The development has the potential to be the largest "green certified" project in the country.
Paramito Pictures has also entered into an agreement with a production and worldwide distribution company in the entertainment industry to invest in and finance a $200 million portfolio of upcoming blockbuster film and entertainment products.
"With this partnership we have components of production, distribution, finance and also print and advertising under one umbrella which will expedite production timelines," Priti Ramjee, senior vice president for Paramito Pictures, says.
In partnership with a development company in Utah and with the support of the government, PGH and its partners are also developing an infrastructure for a transportation project estimated at over $200 million; it is scheduled to be completed within five years.
Although PGH maintains its own capital, the company continues to raise capital through institutional, private equity, and accredited investors.
Having years of experience, Paramito Global Holdings has attracted not only North American developers, but also investors, to be a part of their alternative investment strategies and activities.
For more information, visit: www.PGHCanada.com.
NEWS SOURCE: Paramito Global Holdings, Inc.
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REFERENCES: Paramito Global Holdings Announces Investment Activities, Paramito Global Holdings Inc PGH, the parent company for PGH-Canada Ltd, Paramito Asset Management LLC, Paramito Pictures LLC and Affinity Financial Services LLC, alternative energy boom, CEO Albert A. Paramito, Priti Ramjee, wind energy, real estate, film and entertainment, and corporate finance, Jul 22, 2008.
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