LAND VENTURES

Strategy: Focus on acquiring, subdividing and selling large tracts of strategically located land in desirable locations throughout Florida and the Southeast.

PALATKA, FLORIDA
Palatka Venture I, LLC, a Florida limited liability company
Organized to acquire 2 contiguous vacant commercial land parcels which total approximately 11 acres

Performing limited site development with intent for future re-sale

MELROSE, FLORIDA
Lake Bonnet Venture, LLC, a Florida limited liability company
Organized to acquire a 203 acre land parcel

Perform limited site development and improvements

Sell 5 to 10 acre parcels for residential and/or recreational use
Projected sellout: December 2007
MERRITT ISLAND, FLORIDA
Merritt Island Venture, LLC, a Florida limited liability company
Organized to acquire an approximate 16 acre commercial land parcel and take assignment of an approximate 3.65 acre adjacent land parcel

Performing limited site development with intent for future re-sale

303 Banyan Blvd., Suite 101 • West Palm Beach, FL 33401

Phone (561) 659-1177 • Toll-Free (866) 659-1177 • Fax (561) 659-1197