A highly committed group of individual and corporate investors will provide the funding necessary to transform Bearfire Resort from schematic drawings to reality.

Former House Majority Leader Dick Armey is an advisor to the project and assists in identifying equity investors.

"Not only will Bearfire Resort be a huge economic boost to North Texas, but its innovative approach may prove to be a trend-setter for other cities around the country looking for ways to spur their local economies," said Armey.

Wendell, Gene, and Evan Jacobson of The Jacobson Group of Management Solutions, Inc. (MSI) will oversee the financing aspect of the Bearfire Resort including the organizing of the debt instruments and the equity funding. The Jacobsons have nearly 30 years of history in the Texas real estate market and are experienced in putting together large real estate transactions. MSI, one of their property management companies, has corporate offices in Dallas and in Utah.