International La Stock Price, News & Analysis

International Land Alliance, Inc. (OTCQB: ILAL) announced the completion of its clubhouse, wine tasting room, and sales office at the Valle Divino development project in Baja California. This eco-friendly initiative aims to attract potential homeowners with features like a solar microgrid powering the clubhouse. The project plans for 650 homesites, with residential lot prices starting at $49,000. Construction also includes model homes and emphasizes sustainable living to appeal to environmentally conscious buyers.

International Land Alliance (OTCQB:ILAL) reported its best monthly sales since 2017, achieving nearly $300,000 in lot sales for January 2022, representing 9 lots at the Rancho Costa Verde Development. Additionally, 5 new construction contracts were signed totaling $1,160,000. The company highlighted a growing demand for second and vacation homes in Northern Baja California, attributed to rising housing prices in the Southwest U.S. and low inventory. The strategic ramp-up in sales and marketing is expected to enhance interest in their properties.

International Land Alliance, Inc. (OTCQB:ILAL) announced that President Frank Ingrande was interviewed live on January 31, 2022, by Mick Bazsuly on South Florida's Money Talk Radio Network. The interview focuses on the Company's land investment and development initiatives and is now available on YouTube. ILA emphasizes the use of proptech and construction technology to fulfill its mission of sustainable and socially responsible land investment, primarily in Northern Baja California. For more information, visit ila.company.

International Land Alliance, Inc. (ILAL) outlined its strategic growth in a letter to shareholders, emphasizing significant progress in developing properties in Northern Baja California. The company's focus on utilizing proptech positions it competitively as demand grows among U.S. and Canadian expats seeking affordable living options. Key projects include Oasis Park Resort, Valle Divino, and Plaza Bajamar, which have seen pre-sales and construction advancements. ILA successfully raised $2 million to enhance its development efforts and is preparing for a potential uplisting to a major U.S. exchange, aiming to attract institutional investors.

International Land Alliance (OTCQB:ILAL) has exited its joint venture with a California hemp grower to subdivide 40 acres of property in Southern California for residential home construction. The new agreement stipulates that the company will receive $150,000 over two years, including $100,000 previously loaned for property improvements. Management believes that subdividing the land aligns with the soaring demand for homes in the region, where median prices for 5-acre lots are around $250,000. This strategic move is expected to strengthen the company's balance sheet.

International Land Alliance (OTCQB:ILAL) provided a corporate update along with its Q3 2021 results, reporting a sale of a 20-acre parcel for $630,000 and progress on the Oasis Park Resort. The company initiated construction on several projects, with notable sales totaling $1,623,662 and a net income of $98,238 from Rancho Costa Verde. A private placement raised $2 million for 3 million shares at $0.68 each. Management aims for revenue compliance with ASU 606 by Q4's end and plans to complete a hemp joint venture sale soon. A shareholder update call is scheduled for November 18, 2021.

International Land Alliance (OTCQB:ILAL) will participate in the Q4 Investor Summit Conference on November 16-17, 2021. ILA management is set for one-on-one investor meetings and will present on November 17 at 2:45 p.m. ET (11:45 a.m. PT). Registration is required for attendance. The Investor Summit connects smallcap and microcap companies with over 300 investors. ILA focuses on sustainable land investment primarily in Northern Baja California, utilizing advanced technology for socially responsible development.

International Land Alliance (OTCQB:ILAL) has commenced construction of a model home, three casitas, and a clubhouse at Valle Divino, an eco-friendly community in Ensenada, Baja California. Initially breaking ground in July 2020, ILA has completed the first construction phase and is positioned to increase sales momentum due to lifted travel restrictions. The project, powered by CleanSpark's microgrid solutions, offers residential lots starting at $49,000 and solar-powered homes from $99,000. CEO Roberto Valdes highlights the community's appeal in the growing luxury housing market.

International Land Alliance (OTCQB:ILAL) announced its participation in the LD Micro Main Event investor conference on October 12-14, 2021, which will be held both virtually and in-person in Los Angeles, California. President Frank Ingrande will present on October 12 at 5:30 PM ET (2:30 PM PT) in Track 4 and will engage in one-on-one investor meetings. A live audio webcast of the presentation will be available at the provided link. The company focuses on sustainable land investment and development, primarily in Northern Baja California.