RSII -Rising India, Inc
$RSII Company Overview and Description
Rising India, Inc., ("RSII"), is a publically traded United States company that develops Independent Living, Assisted Living and Memory Center Communities. Rising India's management are specialists in acquiring raw land having it entitled for the appropriate use and then build the proposed project.
$RSII Products and Services
Rising India's management is developing independent living, assisted living and memory center communities. These projects are in demand due to the retirement of 73,000,000 "Baby Boomers". Assisted living creates one of the best returns for the investment dollar today.
Their retirement communities will offer more than just retirement and assisted living. Our Senior Center has a complete selection of apartment homes, services, and activities that celebrate our resident's independence and honor their life experience.
Rising India has targeted acquisition and land-banking opportunities throughout Southern California. Rising India will pursue opportunities through the local and regional bank foreclosed properties. There is an abundance of non-earning assets in their portfolios. Some can be bought for ten to thirty cents on the dollar.
Rising India will keep acquiring through long term options and or purchase raw land and or entitled land through discounted acquisition strategies. We will also pursue full housing developments, assisted living and planned communities that have been left unfinished or foreclosed on.
The management of this investment opportunity has over fifty years of combined experience in residential and commercial real estate development, entitlement and construction. We are certain of the business opportunity here in the Coachella Valley and surrounding areas. Our management team will acquire and or option each project at a substantial discount and resell or develop at a premium profit, garnering substantial returns for the company.
Our Senior Community encompassing over 1500 units and will be placed on forty acres in the middle of a secure and scenic valley surrounded by 120 acres of untouched desertscape.
Several hundred Independent Living Units will meld carefully into our 1200 Assisted Living Units with all the amenities for a fun filled comfortable retirement.
The proposed Memory Center will provide additional comfort and security for the end years of retirement.
Our Senior Center location provides some of the best mountain views in the Coachella Valley with easy access.
$RSII Key Company Management
Walter W. Luce CEO
Mr. Luce is a native of Vermont, who began his career in real estate development as a project manager for a major developer in Dallas, Texas in the early 1960's. After demonstrating an aptitude for bringing in projects on schedule and within budget, he was transferred to Atlanta, Georgia to complete the construction of several large hotel, condominium and apartment projects.
Mr. Luce then became the Florida District Manager for a Texas-based developer, responsible for the feasibility analysis, land acquisition, estimating, budgeting, purchasing and construction processes for a series of large residential projects in the Clearwater, St. Petersburg and Tampa, Florida areas. In this capacity, he devised and implemented a system of schedules and cost controls to insure on-time and cost effective project completion.
In the 1980's, Mr. Luce founded Walter W. Luce and Associates, which became a major force in condominium, apartment and commercial development in the Atlanta, Georgia area. As the head of this large and diverse organization, he had overall responsibility for all land acquisition, financing, development, marketing and construction activity.
Mr. Luce moved to California in the late 1990's, where he has been involved in various commercial and residential ventures in the Coachella Valley. He is an active contributor to the Boys and Girls Club of America and the Desert Hot Springs youth sports teams. He is very active in civic affairs and was honored as Business Person of the year by the City of Desert Hot Springs in June 2004. He is a published author with five novels to his credit.
Michael Chapin President
MICHAEL A. CHAPIN has nearly 15 years of experience in working with public agencies throughout California with all aspects of public infrastructure financing particularly with special assessment districts and improvement districts. His public finance experience includes working with the companies such as NBS /Government Finance Group, MBIA / MuniFinancial (now Willdan), where he specialized in municipal debt administration and formation. Mr. Chapin has administered or issued over one billion dollars ($1B) in municipal tax-exempt debt.
Mr. Chapin has a broad background in public finance and management providing consultant
services to local agencies and private developers. His expertise is related to the intricacies of
public finance including, but not limited to, special district formation and administration,
municipal bond issuance, refunding analysis and tax-exempt bond financings. Mr. Chapin has
also prepared and disseminated Municipal Disclosure Reports for several California Agencies.
Also Prepared and Disseminated over 100 on going MD reports. He has also served as a Consolidated Annual
Financial Report (CAFR) review specialist for the California Society of Municipal Finance
Officers (CSMFO).
In 2011, Mr. Chapin pioneered the first municipal property assessed clean energy bonds
($95MM bond issue) in California through a joint powers authority serving over 60 different
municipalities.
Currently, Mr. Chapin serves as President of Connor Energy, a municipal energy services
company, developing commercial scale renewal energy projects to assist local California
municipalities reduce their energy costs while meeting state mandated green house gas reduction
goals.
Mr. Chapin received his Bachelor of Arts in Economics degree, and Professional Certificate in
Accounting from the University of California, San Diego (UCSD).
James DiPrima Secretary
Mr. DiPrima, (64) has a Bachelor of Science in Business Administration from Creighton University, Omaha, Nebraska. His career includes 40 years of financial accounting in both the public and private sectors. He has held various positions with start-up companies. He has served as chief executive officer of MBD Midwest, a holding company for national pack and ship franchises where he managed the development of retail outlets in multiple states. Mr. DiPrima has approximately 18 years working in various positions with public traded companies. His accomplishments included guiding several companies through the reverse merger process, raising startup capital and consulting on various mezzanine financings. Most recently he has acted as chief executive officer of Netcoast Communications, Inc. (NQB: NCST) a public company that developed and marketed hardware and software to the energy industry. He has also served as CFO for Coastal Technologies, Inc. a public traded company (NQB: CTTJ) that provides IT outsourcing and billing software solutions to the healthcare industry. He is currently CFO and Treasurer of Rising India, Inc.(RSII:PK)
$RSII Contact Info
Rising India Inc.
15941 Red Hill.
Suite 201
Tustin, CA 92780
Website:
http://www.risingindiainc.com
Phone: 714 259-0933
Email: info@risingindiainc.com
$RSII SEC Filings
http://www.otcmarkets.com/stock/RSII/filings
$RSII Headlines
http://finance.yahoo.com/q/h?s=RSII+Headlines
Investigate more about
$RSII @
http://www.otcmarkets.com/stock/RSII/quote for more due diligence
