Summary of Ownership
"YOU UNDERSTAND AND ACKNOWLEDGE THAT THIS IS A SUMMARY OF BRUSHY BAYOU HUNTING CLUB AND IS NOT AN OFFER TO SELL OR A SOLICITATION OF OFFERS TO PURCHASE UNITS OF IN THE CLUB OR ANY OTHER SECURITY. NOTHING HEREIN IS INTENDED TO INFER THAT AN OFFER WILL OCCUR AND NOTHING SHALL REQUIRE THE CLUB TO PROCEED WITH ANY TRANSACTION OR RELATIONSHIP WITH THE RECIPIENT HEREOF. UNLESS AND UNTIL A WRITTEN DEFINITIVE MEMBERSHIP AGREEMENT HAS BEEN EXECUTED, THE CLUB SHALL HAVE NO OBLIGATION TO THE RECIPIENT HEREOF, WHETHER BY VIRTUE OF THIS DOCUMENT OR ANY OTHER WRITTEN OR ORAL EXPRESSION."
| Type of Entity: |
Mississippi Limited Liability Company (LLC) |
| Federal Tax Status: |
Partnership |
Number of Members contemplated :
Current members: |
13
11 |
| Member locations by city and state: |
1 – Lighthouse Pointe, Florida
1 – Memphis, Tennessee
1 – Wilmington, Delaware
1 – Tunica, Mississippi
6 – Atlanta, Georgia
1 – Charlotte, North Carolina
1 – Pensacoloa, Florida
|
| Property and Assets: |
960+- ac. owned, 4,000 +- ac .leased
Lodge, barn, storage and equipment |
| 2011 Price per Membership: |
$ 195,000 / with bedroom |
Approval of new members will require 2/3 vote of existing LLC members.
|
| One season trial use fee: |
$ 12,000 |
* Membership interests are being offered solely on the basis that they entitle the owner/member to use the club’s facilities.
* Membership is sold not for investment purposes and cannot be acquired with a view towards resale or transfer.
* No representation or inducement is made hereby to purchase membership interests on the basis of potential profit, financial appreciation of the membership interests or future increases in membership fees.
