Item 11. Executive Officers of the Registrant (a) The following table indicates, as of September 30, 1998, the names and ages of the executive officers of Registrant. Their term of office with Registrant held by such person: Position and Office with Held Office Term of Name Age Registrant Since Office Jan Forrest 49 President July 1998 Next Annual Shareholders' Meeting Kendra Jeffries 29 Secretary February 1997 Next Annual Shareholders' Meeting There are no family relationships among the executives of the registrant. There is no arrangement or understanding between any executive officer and any other person to which he was selected as an officer. (b) The following is a brief account of the business experiences during the past five (5) years of each executive officer. 1. Jan Forrest has been involved in the real estate business for the past five (5) years. She has been actively involved in property management during that period. 2. Kendra Jeffries has worked for four (4) years for a real estate investment property company, buying and selling real estate for the company.