Revenues:

Revenues for the years ended December 31, 2011 and 2010 included interest income from a short-term note receivable with Love Investment Company (“LIC”), an affiliate of L-PGI, the Company's primary preferred stock shareholder.

In the first quarter of 2011, the Company completed the sale of a single family lot at the price of $16,000. There were no real estate sales in 2010. As of December 31, 2011 the Company owned six lots in Citrus County, Florida. The Company continues to be effected by a depressed real estate market in Citrus County, Florida.