Summary of Management Services

Our Manager Property Dynamics Management, LLC, pursuant to the terms of its management agreement with the Company, is vested with the sole authority to direct the day-to-day activities of the Company, including the investment, purchase, construction, listing, showing, and sales negotitations in respect of the Company's purchases of raw, residential, commercial and industrial land, which our Manager believes can be developed, constructed, rented, redesigned, or renovated and sold to produce net income for the Company. Our Manager has extensive experience in all aspects of real-estate financing and construction. The principals of our Manager and their backgrounds are as follows:


John D. Thomas, Chairman and Chief Executive Officer (43)

Mr. Thomas has been involved in various property financing and development projects since 2006.  Mr. Thomas has practiced law specializing in general corporate law, securities, and mergers and acquisitions for his law firm, John D. Thomas P.C. since June, 2003. From April 3, 2014 to July 10, 2014, Mr. Thomas served as the Chief Executive Officer and Secretary and is still currently a member of the board of directors for Fuelstream Inc., a filer of reports pursuant to 13(a) and 15(d) of the Securities Exchange Act of 1934. From September, 2013 through December, 2013, Mr. Thomas served on the Board of Directors of Helmer Directional Drilling Corp, a filer of reports pursuant to 13(a) and 15(d) of the Securities Exchange Act of 1934. From March 2008 until March 2012, Mr. Thomas served as a member of the board of directors and chairman of the audit committee of Bayhill Capital, Inc. a filer of reports pursuant to 13(a) and 15(d) of the Securities Exchange Act of 1934. From July, 2009 to May, 2011, Mr. Thomas served as a member of the board of directors of Vican Resources, Inc., a filer of reports pursuant to 13(a) and 15(d) of the Securities Exchange Act of 1934. Since August 2009, Mr. Thomas has been a member of the board of directors of London Pacific & Partners, Inc., a Los Angeles and London-based investment and advisory firm specializing in healthcare and hospitality finance. Mr. Thomas holds a Juris Doctor degree from Texas Tech University School of Law and is licensed to practice law in Texas and Utah.

Brandon Pehrson, Director/Construction Manager (38)

Mr. Pehrson has devoted his entire career as an innovative real estate agent, land developer, and general contractor. He has built new homes, commercial buildings, assisted living centers mixed-use developments, retail, office, assisted living center, and multi-family buildings in urban and suburban locations as the developer and general contractor.   Mr. Pehrson has successfully managed all phases of the property development process, including: negotiations of contracts, locating suitable property for desired use, due diligence, land acquisition, budgeting, forecasting, financing, entitlement, environmental mitigation, improvements, planning, permitting, design, value-oriented specifications, construction, marketing, sales, leasing, tenant improvements, and property management.  Mr. Pehrson's strengths include creative problem solving to manage challenging projects that involve community opposition, negotiating with city planners, economic development departments, and complex transactions.  Mr. Pehrson is a licensed real estate broker and general contractor.

Wade M. Mitchell, Director (50)

In addition to his role as a Director of the Company, Mr. Mitchell is presently the managing partner of Western Financial Consulting Services LLC and its wholly owned subsidiary Leland Capital LLC, a commercial mortgage broker.  Mr. Mitchell also serves as Chairman CEO and Manager of NuVenture Group, an international advisory and investment group of companies specializing in small startup and mid-level companies in the US and South America.  He also invests in numerous other businesses ventures. Since 1996 he has been the Chairman CEO and Manager of TAZ Group LLC, managing various real-estate investments including a portfolio of senior housing projects (sold in 2014). From 2008 to 2011, Mr. Mitchell was a member of the Loan Committee of Western Capital LLC, a US-based commercial mortgage broker.  From 1992-2000 Mr. Mitchell served as a director or principal for several small-cap public companies on the, OTC Bulletin Board Stock Exchange, and has worked closely with many public and private emerging growth companies throughout the world.  In addition to a Bachelor of Science degree in Business Finance, Accounting and Economics, he holds a Master of Business Administration from Brigham Young University.

Kenneth I. Denos, Director and General Counsel (46)

Mr. Denos has developed property as the founder and sole principal of Highlands at South Pointe, a developer that managed $40 million in real estate holdings.   Mr. Denos is presently a member of the board, Secretary, and Chief Compliance Officer of Equus Total Return, Inc. (NYSE: EQS), a closed-end fund traded on the New York Stock Exchange.  Mr. Denos also serves as Chairman of the Board of Directors of Acadia Group, Inc., an international advisory and investment firm specializing in small-cap public companies in the US and Europe.  He is also an authorized Designated Advisor/Principal American Liaison with OTC Markets, advising and assisting qualified domestic and foreign issuers.  From 2009 to 2014 he was the Executive Deputy Chairman of London Pacific & Partners, Inc., an international healthcare and hospitality advisory firm.  Previously, from 2008 to 2009, Mr. Denos was a member of the Investment Committee of Pantheon Special Opportunities Fund B, LLC, a UK-based mezzanine private equity fund, and from 2001-2009, he managed the portfolio of 27 small-cap investments for MCC Global NV, an international financial services and investment conglomerate.  For the past 18 years, Mr. Denos has served as a director or principal for several small-cap public companies on the London AIM, OTC Bulletin Board, and the Frankfurt Stock Exchange, and has worked closely with many public and private emerging growth companies throughout the world.  In addition to a Bachelor of Science degree in Business Finance and Political Science, he holds a Master of Business Administration and a Juris Doctor from the University of Utah.