# 1

YOU MUST LISTEN TO THE RECORDED CALL FIRST

Click Here to LISTEN NOW:

# 2

DOWNLOAD DOCUMENTS CLICK HERE

Converting your investment in FIC shares or Promissory Notes into Land
OFFER DETAILS

Four FIC company properties are currently going through a foreclosure action by a mortgage holder. Fortunately, we still have a small window of opportunity to avoid foreclosure by offering the land to our members. In the process of doing that, not only do we want to avoid the foreclosure and preserve share value, but we also want those members that participate to be able to benefit from the upside potential. Those of you that participate will be preserving share value for yourself and for the other members while, at the same time, positioning yourself to make significant capital gains.

We are making individual lots in Calmar available for you to purchase, at what real estate experts are calling the bottom of the market. We are also offering a special financing plan that makes them even more attractive.

The Property For Sale: Fully developed residential building lots in the Southbridge Crossing Development in Calmar, Alberta. Purchaser will own title to the property.

You will recall, from our previous communication, that the oil industry is forecasting a new round of activity in the oil sands of Alberta. The Conference Board of Canada is forecasting that activity will double and profits will triple in the next 3-5 years. The real estate industry is predicting that this renewed activity in the oil sands (including the accompanying growth in the support services industry) will result in another real estate boom.

Why it is such a good opportunity:

• the lots are prime residential lots.
• the market is poised for a very significant rebound over the next 3-5 years
• The appraised prices for these lots are at the bottom of the market right now, so there is significant upside potential.
• The lots will be owned by you free and clear to either hold for resale or develop
• If you decide that you wish to develop the property as a way of enhancing your return, we will link you up with builders.
• We can connect you with local mortgage brokers if you wish
• By participating, you will be helping to preserve the value of your existing shares or notes.
• We are offering a special financing option—you can convert illiquid shares/notes into a hard asset.

1. Appraisal dated April 2009 by Colliers International.

How the special financing works:

Calmar Lakeside Developments Ltd. (“Calmar”) is offering to purchase your FIC Shares or Promissory Notes at Your Original Cost and allow you to pay up to 25% of the purchase price by selling your existing shares in one or more of the following Clubs:

Note: Unfortunately, due to BC Securities Commission rules, Calmar is not able to purchase shares of WBIC Canada Ltd. Shares of this company are subject to a cease trade order.

Example

If you purchase a lot with an appraised value of $100,000, you would pay only $75,000 in cash. The balance of the payment would be covered by the sale of $25,000 worth of shares. If those shares were FIC Canada shares that you had paid $2.70 for, you would sell 9,259 shares as part of the financing.

WHAT TO DO TO GET INVOLVED:

Click on Download Documents (on the left hand side of this page) and complete the Expression of Interest form

DEADLINES: There are only 91 lots available and over 4,000 members will get this offer. So act quickly. When the 91 are gone, the offer will end. Also, time is of the essence for avoiding the foreclosure. So, Expressions of Interest will be cut off after OCTOBER 10, 2009.

TO MAKE THIS FAIR, WE ARE LIMITING THIS INITIAL OFFER TO ONE LOT PER MEMBER ON A FIRST COME FIRST SERVED BASIS.

Additional lot purchases will be made available if any lots remain in inventory after the October 10th deadline.

DOWNLOAD DOCUMENTS CLICK HERE