International La Stock Price, News & Analysis

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.

International Land Alliance (OTCQB:ILAL) announced the opening of its Oasis Park Resort for tours, following significant construction progress on Phase I. The project features a two-mile access road and the start of Phase II construction. The company reported three new lot sales and continued momentum with home construction commitments. The Oasis Park Resort spans 497 acres with plans for 1,344 residential lots starting at $49,000, and is designed as a sustainable community. The firm anticipates increased lot sales and home construction in the near future.

International Land Alliance (OTCQB:ILAL) provided a corporate update highlighting key initiatives and progress in their property portfolio. Notable developments include the appointment of Frank Ingrande as President, the execution of residential sales agreements at Valle Divino, and a partnership with CleanSpark for solar microgrid installations. The company resumed construction at Oasis Park Resort, anticipating over $60 million in gross lot sales. Additionally, ILA closed a $2 million private placement to strengthen its balance sheet and paid off a $500,000 bridge loan, positioning itself for future growth.

International Land Alliance (OTCQB:ILAL) announced the upcoming construction of a model home, three casitas, and a clubhouse at its Valle Divino eco-friendly development in Ensenada, Baja California. The project utilizes CleanSpark’s sustainable microgrid power solutions and is set to begin in Q4 2021. The development, part of a larger community overlooking the Bajamar Ocean Front Hotel and Golf Resort, includes a vineyard expansion to 2 acres. Residential home prices start at $99,000 for solar-powered models. The initiative aims to attract interest with sustainable living options.

International Land Alliance (OTCQB:ILAL) will participate in two virtual conferences: the Q3 Investor Summit on August 17, 2021, at 3:30 PM ET, and the SNN Network Summer Conference on August 19, 2021, at 1:30 PM ET. ILA's management will meet with investors and host presentations during these events.

Webcasts for both conferences will be available, allowing investors to follow the discussions and insights shared by the management. ILA focuses on sustainable land investment and development, mainly in Northern Baja California.