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MyPALs StarFish Project


Listen to the audio overview | Audio

Listen to the April 1 StarFish call | Audio

Listen to the April 3 StarFish call | Audio | Q&A

To learn more about how the weather may affect your visit to the Philippines and how best to travel to the Philippnes you need to listen to the above Q&A call recording.

For more information on the StarFish Project to break the poverty cycle visit HERE.

To read what Mike has to say about Equality and Freedom on his blog visit HERE.

10 Places to Go While They Are Still Cheap: 2014 Edition
Posted: 02/18/2014 4:46 pm EST

Do your travel ambitions eclipse your bank account? We’ve got just the fix: destinations around the world that offer plenty of cheap ways to stay, play, and eat. Whether you’re on the prowl for a perfect beach or a city bursting with culture, these cities and countries deliver big but cost little. Not all of them will stay cheap in the years to come, though, so if you’re inspired to go, do it soon.

Bargain hunters, outdoorsy types, and the food obsessed should look to the Philippines. The country’s combination of cosmopolitan affordability and splendid nature make it a destination that offers a lot for the money.

Lonely Planet recently named it one of the top value destinations for 2014, and according to CIO Wealth Management Research’s Prices and Earnings report, Manila has some of the cheapest shopping and upscale dining in the world.

For example, a couple can buy a new wardrobe there for about $410 — seven times less than what you’d pay for similar items in Tokyo. And the average cost of a three-course meal in a good restaurant is a mere $18, compared to about $95 in Geneva or Oslo (two of the cities featured in our recent story on the world’s most overpriced destinations).

If you’re concerned about whether a visit to the Philippines is appropriate so soon after Typhoon Haiyan, know that the country considers tourism to be an important part of its recovery. Large portions of the country — and the majority of popular vacation destinations — were undamaged.

When visiting any third world country, there are things you must know and be aware of or have excellent guides in-the-know, to get you around safely and enjoyably. That is where our MyPALs guides and our hospitality suites in the beautiful island of Camotes come in.

You may inexpensively stay and even profit by joining us in our Generati Project. See our proposal [subject to updates and modifications to your advantage] below:

330 days available
35 days unavailable
25% occupancy
2000 Pesos Avg Rm Night ~$50 USD

Denominations for Purchase:
    -$50 USD for 1 day 2 pm to 11 am
    -Residency is your choice of available
    -A purchase is 1 day for 10 years
    -Proceeds build 8-39 sq mtr units

If you don’t visit, we rent your days!

25% of each room night sent to you each year for ten years!!

Pre-pay 1 day, don’t stay and we will send you (50% x 25% x 2000) = 250 pesos ~$5 USD through PayPal 45 days after your scheduled day?

Days can be any day but for the purposes of cash distributions days are assigned January – December, FIFO based on purchase order.

This equals a 10% "Thank You" per year on your unused day.

The advantage is also currency appreciation against the dollar for the php over the next 10 years.

MyPALs own 50% of the income, and management earns their fees after 25% occupancy.

The revenue model looks like this:

The first 25% of sold nights:
Income divided between MyPALs (50%) and Purchasers (50%)

The second 25% of sold nights:
Income divided between MyPALs (50%) and GRD, Inc. (50%)

Remaining % of sold nights:
Income divided between Diamonds (50%) and GRD, Inc New Construction Escrow (50%)

Example of 1 day:
    -Which is sold 100% [in pesos]
    -250: Contributor
    -250: GRD, Inc – Management
    -250: GRD, Inc – New Construction
    -250: Diamond
    -1000: MyPAL

MyPALs receive minimum of 250 pesos a day for their income and must pay their electric and water; cable and Internet are provided by GRD, Inc.

Minimum monthly Income = 7500

Management must pay minimum 500 pesos a day.

I talked to the architect and I feel the next building is 8 units and 400k php per unit, although we can build the shell for about 2k and then finish each one individually as money arrives, I think I need at least 1m to start it for shell/foundation, plumbing etc.

400k php = $8k USD

Pre-pay 3000 days in 3 phases

Escrow of 750k per year

Build escrow in the construction fund


Read | Mike’s vision for MyPALs and Tourism as a route out of poverty –> The Starfish Project

To become part of the StarFish Project now, take action on the DONATION button below.

To donate more than $50, please just enter multiples of $50 USD.

We recently held three calls where Mike shared his concept of eliminating poverty and when you complete the form below you will gain access to the recordings.


© Generati

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