N🟁N

Strategic Global Investments, Inc., Formerly American Consolidated Laboratories, Inc. Has Acquired Luxury Resort Area Developer

  //business-finance.news-articles.net/content/201 .. c-has-acquired-luxury-resort-area-developer.html
  Published in Business and Finance on Thursday, June 3rd 2010 at 14:00 GMT by Market Wire
          ^{🞛 This publication is a summary or evaluation of another publication}

CARLSBAD, CA--(Marketwire - June 3, 2010) - Strategic Global Investments, Inc. (PINKSHEETS: [ STBV ]), formerly American Consolidated Laboratories Inc. (PINKSHEETS: [ AMCL ]), announced today that it has acquired 100% of the shares of Punta Perfecta S.A. de C.V., a Mexican Corporation based in Baja Sur, Mexico. The transaction occurred through a like-kind stock exchange and brings to STBV new property holdings in Baja California Sur which have been independently appraised at approximately $5 Million US.

The property in Los Cabos is located at Punta Perfecta on the East Cape of Baja California on the coast of the Sea of Cortez. Construction of a 5-bedroom 4.5 bath model home of approximately 5,000 sq. ft. is about 70% completed. Located at the Coast Highway, the property is accessible by car from the International airport in San Jose del Cabo in an hour. STBV plans to sell the homes at Punta Perfecta as Fractional Ownership units to maximize the return on investment.

Andrew Fellner, Pres/CEO, said, "We are very pleased to complete the acquisition of Punta Perfecta. This brings to our portfolio very attractive building sites in Los Cabos. Our intention is to continue the construction already in progress at Punta Perfecta and build out the full 30 to 35 home subdivision there. This fits very well with our mission of developing eco-friendly homes and communities in attractive natural locales."

About Strategic Global Investments, Inc.
Strategic Global Investments, Inc., a Delaware Corporation trading on the OTC exchange under the ticker STBV, is a real estate development corporation that specializes in creating eco-friendly communities in beautiful resort locations. Current properties under development are located in Los Cabos, Baja California Sur, Mexico. The company's principal business office is located in Carlsbad, Ca.

Additional Resources: [ www.strategicglobalinvestments.net ], [ www.youtube.com/puntaperfecta ]

About CEO Andrew Fellner
Strategic Global Investments CEO Andrew Fellner has been in real estate development and other related businesses for more than 30 years. He holds a law degree and a degree in accounting.

Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.