We feel Premier Development & Investment offers a unique investment opportunity, particularly for the speculative investor looking to get in early. PDVN is a development stage company in the early stages of conducting operations. Its plan of operation is to invest in and develop a series of theme-based restaurant and bar properties that can evolve into stand-alone chains or franchise opportunities. Because the Company has limited investment capital and restricted access to capital markets, its strategy for initial operations is to develop new restaurant and bar concepts through joint ventures, equity investments or partnership agreements. This will reduce its financial exposure while building a foundation for growth.

Coconut Grove Grille and Blue Water Bar™

PDVN is the Managing Partner and an equity participant in Coconut Grove Group, Ltd., a joint venture project involving the development of a chain of Caribbean-based restaurant and bar properties under the trade name Coconut Grove Grille and Blue Water Bar™.

On July 30, 2001, the Company entered into a joint venture agreement for the formation of Coconut Grove Group, Ltd., a joint venture that is 20% owned by PDVN and 80% owned by Tiki Hut Enterprises, Ltd.  PDVN is the Managing Partner of this joint venture and, as such, receives a management fee in addition to its share in the joint venture's net profits.

The Restaurant industry is to register a 12th consecutive year of real growth in 2003, with sales expected to reach a record $426.1 billion. This represents an anticipated growth of 4.5% over 2002. On a typical day in 2003, the restaurant industry will post average sales of nearly $1.2 billion.

Casual dining, PDVN's target, is the fastest growing segment of the restaurant industry.  According to the National Restaurant Association, sales in this segment increased at a 6.9% annual compound growth rate throughout the 1990s, and are estimated at $44 billion annually.  We believe that this segment of the restaurant industry will continue to benefit from current demographic trends, most notably a maturing baby-boomer population.  The baby-boomers, or adults aged 37-55, tend to eat out more than the generations before them.  Should this demographic trend continue, as they age so might their frequency for eating out.  Another growing trend we believe will contribute to further increases in casual dining is the two-income family, which may lead to more discretionary income but less discretionary time for cooking and cleaning-up at home.

In addition to consumers eating out more frequently, they are also drinking more than ever outside of their homes.  According to Adams Business Media, a market research group, alcohol sales at restaurants and bars topped $61 billion in 2000, an all-time high.  We believe this is statistically important because most drinks are typically marked up between 500% to 800%, which is about double the typical drink markup only four years ago.  Should this trend continue, and we believe it will, sales of alcohol may become an increasingly more significant contributor to PDVN's overall sales and, possibly, the most significant contributing factor to its net income.  

Premier Development & Investment, Inc. represents a Strong Speculative BUY opportunity.  It is rare to see a chance to get in on the ground floor of a company operating in such a solid growth market.  When this is combined with a solid business plan, fiscal responsibility and strong management a winner is the result.

We will be preparing a comprehensive Research Report on Premier Development and Investment, Inc. (OTCBB: PDVN). In the interim, take a closer look for yourself and you will see the investment potential.  Taking into account the small float, giving early investors the opportunity to realize substantial growth as the market becomes aware of PDVN, now is the time to invest.  

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