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ASC Global is Moving Forward on Paradise Island Project

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ASC Global Inc., a subsidiary of Token Communities (OTC:TKCM), has completed the architectural design for Phase One of the Paradise Island development project in Florida. The project stems from a Letter of Intent (LOI) signed with American Software Capital in October 2024 for a 165-acre premium development site located on Peace River, Arcadia, Desoto County.

The Phase One development, situated on 22 acres of peninsula land near Sunny Breeze Road and Paradise Golf Course, will feature 180 units of high-end steel-structure waterfront townhouses, along with amenities including a restaurant, retail space, marina, community pool, and scenic pond. The companies are currently discussing a co-development plan for the project.

ASC Global Inc., una filiale di Token Communities (OTC:TKCM), ha completato la progettazione architettonica della Fase Uno del progetto di sviluppo Paradise Island in Florida. Il progetto nasce da una Letter of Intent (LOI) firmata con American Software Capital nell'ottobre 2024 per un luogo di sviluppo premium di 165 acri situato sul Peace River, Arcadia, contea di Desoto.

Lo sviluppo di Fase Uno, situato su 22 acri di terra peninsulare vicino a Sunny Breeze Road e Paradise Golf Course, comprenderà 180 unità di villette residenziali sul mare in acciaio di alto livello, insieme a servizi tra cui un ristorante, spazi al dettaglio, marina, piscina comunitaria e laghetto panoramico. Le aziende stanno attualmente discutendo un piano di co-sviluppo per il progetto.

ASC Global Inc., una filial de Token Communities (OTC:TKCM), ha completado el diseño arquitectónico de la Fase Uno del proyecto de desarrollo Paradise Island en Florida. El proyecto surge de una Carta de Intención (LOI) firmada con American Software Capital en octubre de 2024 para un sitio de desarrollo premium de 165 acres ubicado en Peace River, Arcadia, condado de Desoto.

La fase Uno, situada en 22 acres de tierra peninsular cerca de Sunny Breeze Road y Paradise Golf Course, contará con 180 unidades de casas adosadas frente al mar de estructura de acero de alto nivel, junto con servicios que incluyen un restaurante, espacios minoristas, marina, piscina comunitaria y un estanque escénico. Las empresas están actualmente discutiendo un plan de co-desarrollo para el proyecto.

ASC Global Inc.Token Communities (OTC:TKCM)의 자회사로, 플로리다주 Paradise Island 개발 프로젝트의 1단계 건축 설계를 완료했습니다. 이 프로젝트는 2024년 10월 American Software Capital과 서명한 LOI(의향서)에서 비롯되었으며, Peace River, Arcadia, Desoto County에 위치한 165에이커 규모의 프리미엄 개발 부지입니다.

1단계 개발은 Sunny Breeze Road와 Paradise Golf Course 인근의 반도 땅 22에이커 위에 자리하며, 고급 강철구조의 해안가 타운하우스 180채를 포함하고, 레스토랑, 소매 공간, 마리나, 커뮤니티 풀, 경치 좋은 연못 등의 편의시설이 들어갈 예정입니다. 양사는 현재 프로젝트의 공동 개발 계획(Co-development plan)을 논의 중입니다.

ASC Global Inc., une filiale de Token Communities (OTC:TKCM), a finalisé la conception architecturale de la Phase 1 du projet de développement Paradise Island en Floride. Le projet découle d'une lettre d'intention (LOI) signée avec American Software Capital en octobre 2024 pour un site de développement premium de 165 acres situé sur Peace River, Arcadia, dans le comté de Desoto.

La phase 1, située sur 22 acres de terrain péninsulaire près de Sunny Breeze Road et du Paradise Golf Course, comprendra 180 unités de maisons de bord de mer en acier de haut niveau, ainsi que des équipements comprenant un restaurant, un espace de vente au détail, une marina, une piscine communautaire et un étang pittoresque. Les entreprises discutent actuellement d'un plan de co-développement pour le projet.

ASC Global Inc., eine Tochtergesellschaft von Token Communities (OTC:TKCM), hat das architektonische Design für Phase Eins des Paradise Island-Entwicklungsprojekts in Florida abgeschlossen. Das Projekt geht aus einem im Oktober 2024 mit American Software Capital unterzeichneten Letter of Intent (LOI) für eine 165 Acre Premium-Entwicklungsfläche am Peace River, Arcadia, Desoto County hervor.

Die Phase Eins-Entwicklung, gelegen auf 22 Acres Landzungenstück nahe Sunny Breeze Road und Paradise Golf Course, wird 180 Einheiten von hochwertigen Stahlkonstruktionen-Meerblick-Stadthäusern umfassen, sowie Annehmlichkeiten wie ein Restaurant, Einzelhandel, Marina, gemeinschaftlicher Pool und malerischer Teich. Die Unternehmen diskutieren derzeit einen Co-Develop­ment-Plan für das Projekt.

شركة ASC Global Inc.، التابعة لشركة Token Communities (OTC:TKCM)، أكملت التصميم المعماري للمرحلة الأولى من مشروع Paradise Island للتطوير في فلوريدا. المشروع ينشأ من خطاب نية (LOI) موقّع مع American Software Capital في أكتوبر 2024 ل< b>قطعة تطوير Premium بمساحة 165 فداناً تقع على نهر Peace في Arcadia، مقاطعة Desoto.

التطوير في المرحلة الأولى، الواقع على 22 فداناً من أرض شبه جزيرة بالقرب من Sunny Breeze Road و Paradise Golf Course، سيضم 180 وحدة من منازل على الواجهة البحرية مصنوعة من هيكل فولاذي عالي المستوى، إضافةً إلى مرافق مثل مطعم ومساحة تجارية ومارينا ومسبح مجتمعي وبركة ذات مناظر خلابة. تتحدث الشركات حالياً عن خطة تطوير مشتركة للمشروع.

ASC Global Inc.,是 Token Communities (OTC:TKCM) 的子公司,已完成佛罗里达州 Paradise Island 开发项目第一阶段的建筑设计。该项目源自2024年10月与 American Software Capital 签署的意向书(LOI),位于 Peace River、Arcadia、Desoto County 的一块 165 亩的优质开发用地

第一阶段开发位于靠近 Sunny Breeze Road 与 Paradise Golf Course 的 22 亩半岛土地,将设有 180 套高端钢结构海滨联排别墅,并配套餐厅、零售空间、码头、社区泳池和风景如画的池塘等设施。双方目前正在讨论该项目的共同开发计划。

Positive
  • Completion of architectural design for Phase One marks significant project milestone
  • Premium location on 165 acres including peninsula and islands near Gulf of America
  • Comprehensive development plan including 180 high-end waterfront units and multiple amenities
  • Strategic location between Sarasota and Naples with waterfront access
Negative
  • No financial terms or project costs disclosed
  • Project still in early stages with only LOI signed, no final agreement
  • Significant execution risks associated with large-scale real estate development
  • Multiple regulatory and construction approvals still needed

Paradise Island Phase One Design is now completed

BRADENTON, FLORIDA / ACCESS Newswire / September 19, 2025 / ASC Global Inc. is a wholly-owned subsidiary of Token Communities (OTC ID / Stock Symbol:TKCM) is announcing the completion of the architectural design of Paradise Island's Phase One development project.

According to David Champ, president and CEO of the company that ASC Global Inc. executed a L.O.I. with American Software Capital (ASC) in October 2024 to acquire the Paradise Island Project in Florida, it is a 165 acres premium development site, consisted by a peninsula, two larger islands and several smaller islands. Paradise Island is located on Peace River, Arcadia, Desoto County, north of Charlotte Harbor and Gulf of America (South of Sarasota and North of Naples). The proposed Phase One development is located on the Peninsula part right off Sunny Breeze Road and Paradise Golf Course, it will have 180 units of high-end steel-structure waterfront town houses, restaurant, retail space, marina, community pool, scenic pond and others on 22 acres of the peninsula portion. A co-development plan is now being discussed between American Software Capital and ASC Global Inc.

For further information or assistance, please contact the company at (631) 397-1111

Forward-Looking Statements

Certain information set forth in this presentation contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

SOURCE: Token Communities Ltd.



View the original press release on ACCESS Newswire

FAQ

What is the scope of Token Communities (TKCM) Paradise Island Phase One development?

Phase One includes 180 high-end waterfront townhouses, restaurant, retail space, marina, community pool, and scenic pond on 22 acres of peninsula land in Florida.

Where is the TKCM Paradise Island development project located?

The project is located on Peace River, Arcadia, Desoto County, Florida, positioned north of Charlotte Harbor and Gulf of America, south of Sarasota and north of Naples.

What is the total size of TKCM's Paradise Island development site?

The entire development site spans 165 acres, comprising a peninsula, two larger islands, and several smaller islands.

When did Token Communities sign the LOI for the Paradise Island project?

ASC Global Inc. executed a Letter of Intent (LOI) with American Software Capital in October 2024 to acquire the Paradise Island Project.

What is the current status of TKCM's Paradise Island development?

The company has completed the architectural design for Phase One and is currently discussing a co-development plan with American Software Capital.
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