Thursday, April 29, 2010

More Misleading Information Being Circluated. Setting the Record Straight. Sun Village Was Not a Ponzi Scheme. The Statement is Defamatory and Has Been Used to Cause Harm

Misleading information is being circulated once again. Possibly to interfere with our upcoming shareholder meetings. Recycled allegations and defamatory information that was made over one year ago about the Elliott's and the Sun Village Companies have re-surfaced. The sensationalized allegations and false information have all been proven wrong. However, there are some who continue to circulate misinformation and attempt to cause us more damage.


Please refer to the attached documents below for accurate information.

$120M Counterclaim
http://www.scribd.com/doc/30725367/120M-Counterclaim-and-Affirmative-Defence

The Elliott/Sun Village Resorts were not a Ponzi Scheme
http://www.scribd.com/doc/30720596/Proof-Sun-Village-Was-Not-a-Ponzi-Scheme

Elliott Companies $120M Counterclaim Supplemental Information
http://www.scribd.com/doc/30720868/Elliott-Companies-120M-Counterclaim-Supplemental-Information

Monday, April 19, 2010

Sun Village Resort Fraudulently Sold in Corrupt Auction on October 7, 2009 to Globalia and Lifestyles Resorts. Appeal By Sun Village Shareholders Pending

Sun Village Verified Appraisal $58,084,617.71

The verified appriasal of the Sun Village Resort & Spa is posted below. It was prepared on July 11, 2009. The value of our asset on that date was $58,084,617.71.

However, just less than three (3) months later, on October 7, 2009 our resort property was fraudulently and corruptly sold to Globalia and Lifestyles Resorts for a mere $4.3M, or seven (7) cents on the dollar. Attempts were made by certain individuals to keep our lawyer from entering the courthouse while the fraudulent sale took place between the parties in attendance that day. We have a record of who was involved through an investigation.

The Puerto Plata Newspaper El Faro is quoted by saying that the hotel was sold for "the price of a dead cow".

We are awaiting a hearing date for the appeal and will be discussing at the upcoming shareholder meeting.

Sun Village Resort & Spa Cofresi
Verified Appraisal Report of $58,084,617.71 (July 11, 2009)
http://www.scribd.com/doc/30186792

Thursday, April 15, 2010

April 13, 2010 Follow Up Notice of Upcoming Shareholders Meeting May 14, 2010

Dear EMI Sun Village Inc. and EMI Cofresi Developments Inc. Shareholders,

April 13, 2010 Follow Up Notice of Shareholders Meeting

Meeting for all shareholders of EMI Sun Village Inc. and EMI Cofresi Developments Inc. May 14, 2010 at 6:00 pm and 8:00 pm, at The Mohawk Inn, 9230 Guelph Line, Campbellville, Ontario, Canada
(website: www.mohawkinn.com telephone: 905.854.2277)

Following initial responses to our Advance Notice of Meeting sent to shareholders on Friday April 9, 2010, we would like to provide some initial follow-up answers to some frequently asked questions and to add clarifications.

Status of Sun Village Cofresi
The Sun Village Resort at Cofresi was abruptly closed in September 2009 as a direct result of the Hoffman and Aguilar actions. On October 7, 2009 the Resort was improperly sold through a corrupt foreclosure auction in Puerto Plata for seven (7) cents on the dollar (based on appraised values) at a price of US $4.3M. In response to this travesty, we filed an appeal with the Dominican Court of Appeals and are awaiting a date for the hearing. Based on the information we have obtained, the appeal has a very strong possibility of success. At the shareholder meeting, we will be discussing the recovery of our hotel property and other business issues that will be put to the newly elected board of directors.

Status of Cofresi Developments
This property remains owned by the corporation in its joint venture partnership with Juan Carlos Morales. There are outstanding business items that need to be addressed at this time and will be put to the newly elected board of directors.

No Teleconference or Webcast
We will not be teleconferencing or webcasting the meetings. We do not have the access to the technology at the Mohawk Inn, nor do we have the budget. We will however distribute minutes from the meetings to shareholders as promptly as possible following the shareholder meetings.

Accommodations
Some shareholders who are traveling from a distance to attend the meetings have already reserved overnight accommodations at the Mohawk Inn. Rooms are currently available at a rate of CAD$74.00 plus taxes based on double occupancy. Please reference that you are attending the Sun Village/Cofresi Developments shareholder meetings.

Advance Notice and Participation
We kindly remind you to email to us any questions you would like addressed at the meetings in advance in order that we include in the agenda. This will allow us to efficiently provide the shareholder group with the information that is important to them and at the same time accomplish the go-forward goals at the meetings.

Please email any questions or topics that you would like addressed at the meetings to shareholders@sunvillageresorts.com and/or to Michael Lutes at m.lutes0@gmail.com no later than Monday April 20, 2010.

Once we have received all submissions, we will finalize and circulate the official notices of meeting and a proxy form for shareholders unable to attend.

Very Important
Once again, our success will depend on our leadership going forward. If you would like to be involved in the leadership and decision making, please let us know by April 20. We have already received some submissions of interest. Included in the meeting agenda for both companies will be a nomination for three (3) new and additional directors to be voted on at the meeting. These newly elected directors will have voting and majority control of decisions moving forward.

Please email us if you would like to be nominated as a director and board member to shareholders@sunvillageresorts.com and/or to Michael Lutes at m.lutes0@gmail.com.

If you have not yet visited the investor blog, we encourage you to register and follow our updates which will continue at www.sunvillageresorts.blogspot.com. This blog will remain focused on delivering clear and credible information with the common goal of recovery and success for all shareholders.

Very truly yours,

Derek Elliott

President and member of the Board of Directors

EMI Sun Village Inc., EMI Cofresi Developments Inc.

Friday, April 9, 2010

EMI Sun Village Inc. and EMI Cofresi Developments Inc. Shareholder Meetings: Friday May 14, 2010

On February 8, 2010 we reported to you that an investor committee was being formed and that this would follow with a formal shareholder meeting. We are pleased to announce that the shareholders of EMI Sun Village Inc. and EMI Cofresi Developments Inc. will meet on Friday May 14, 2010 in Campbellville, Ontario Canada.

If this is your first time visiting, please take a moment to review the previous 13 postings since February 2010 to update yourself at your convenience.

Advance Notice of Shareholder Meeting

Meeting for all shareholders of EMI Sun Village Inc. and EMI Cofresi Developments Inc. May 14, 2010 at 6:00 pm, at The Mohawk Inn, 9230 Guelph Line, Campbellville, Ontario Canada
(website: www.mohawkinn.com / telephone: 905.854.2277)

Over the past months I have spoken with several shareholders and discussed the devastating effects that 2009 had for our companies while we were mired in the Catledge/ECC litigation in three (3) jurisdictions. While we tried to make sense of the actions that were designed to cause everyone so much damage, the resounding question that remains from everyone is why?

There have been management errors and there have been business partnerships that our companies have entered into that severely hurt us. However, every step was taken with shareholder participation and with the very best of intentions for achieving success for everyone. We had always believed that we had hired the very best managers and executives at all times.

Throughout our conversations during the past months, we have listened and heard the shareholders voice clearly. Today, we are at a critical point whereby individual agendas and misinformation must be cleared and put behind us and we must gather together as a unified group.

No one is happy where we are today and moving forward there must be significant change. Shareholders want to know where we stand today and what possibilities are available for us in the future.

In response to meetings with our initial committee and conversations with shareholders we are collectively calling shareholder meetings for Friday May 14, 2010. We will start with EMI Sun Village Inc. from 6:00 pm to 8:00 pm and EMI Cofresi Developments Inc. from 8:15 pm to 10:00 pm.

Advance Notice and Participation

This is an advance notice to allow you to save the date and participate in the agenda. While initial agenda points have been outlined for each company, we welcome any and all suggestions to be submitted by you in advance to be included in the meeting agenda.

Please email any questions or topics that you would like addressed at the meeting to shareholders@sunvillageresorts.com and/or to Michael Lutes at m.lutes0@gmail.com no later than Monday April 20, 2010.

Once we have received all submissions, we will finalize and circulate the official notice of meeting and a proxy form for shareholders unable to attend.

Very Important

Our success will depend on our leadership going forward. If you would like to be involved in the leadership and decision making, please let us know by April 20. Included in the meeting agenda for both companies will be a nomination for three (3) new and additional board of directors to be voted on at the meeting. These newly voted directors will have voting and majority control of decisions moving forward.

Please email us if you would like to be nominated as a director and board member to shareholders@sunvillageresorts.com and/or to Michael Lutes at m.lutes0@gmail.com.

If you have not yet visited the investor blog, we encourage you to register and follow our updates which will continue at www.sunvillageresorts.blogspot.com. It will remain focused on delivering clear and credible information with the common goal of recovery and success for all shareholders.


Very truly yours,

Derek Elliott

President and member of the board of Directors

EMI Sun Village Inc., EMI Cofresi Developments Inc.