This increase in income reflects a $335,328, or 36.0%, increase in site revenue, and an increase of $13,080, or 3.1%, in RV storage and spotting activity. Events subsequent to March 31, 2021 have been evaluated through May 7, 2021, which is the date the financial statements were available to be issued. Website Design and Hosting by TXAD Internet. Pismo Beach timeshares invite families to enjoy classic California beach adventures they'll never forget. We are the original owners. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Head out of your timeshare to go ATV riding along sand dunes for great pictures and for a memorable day. For the six-months ended March 31, 2021, income before provisions for income tax increased by $719,929, reflecting increased total income and decreased operating expenses. Management continues to review and scrutinize expenses in order to maximize efficiency and profitability. Pismo Coast Village RV Resort - Tripadvisor More information about cookies can be found in our. Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the 1934 Act is recorded, processed, summarized, and reported within the time periods specified in the SEC's rules and forms. Revenues during this period are directly attributed to and are consistent with seasonal occupancy of a tourist-oriented business. However, because Pacific Premier Bank is a member of the Certificate of Deposit Account Registry Service (CDARS), large deposits are divided into smaller amounts and placed with other FDIC insured banks which are also members of the CDARS network. I give my elec. The SEC maintains an Internet site (http://www.sec.gov) that contains reports, proxy statements, and other information that the Company files with the SEC. Management did not identify any subsequent events that required disclosure. With a Pismo Beach timeshare resale, visiting with a guaranteed comfortable stay is a breeze. ITEM 2. Capital projects are designed to enhance the marketability of the camping sites and enhance support facilities. Potlatch Resort in historic LaConner, Washington has swimming pool, Jacuzzi, Visitors looking to buy, sell or rent timeshare resales will be nestled right on the beach, beautifully landscaped, it is truly an outstanding RV resort in every sense. A 2019 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,151, including interest at 4.181% per annum, through May 2025. (CRMLS) 4 beds, 2.5 baths, 1641 sq. Stays at preserves can be reserved 90 days in advance and can be up to 14 days. All kids enjoy days at the beach strolling along sandy shores, digging for clams with a permit, playing sand volleyball, and building sand castles. Less than a block from Pismo Beach's beautiful ocean, WorldMark Pismo Beach offers you many water activities. CAPITAL RESOURCES AND PLANNED EXPENDITURES. and consent for BuyATimeShare and, Sign up to be alerted when inventory becomes available. The accompanying notes are an integral part of these financial statements. Revenue is then recognized when the customer stays at the resort. Site Map The Company has also maintained a line of credit of $500,000 to ensure funds will be available, if required.
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