Turnkey Investment Properties - Republic & Wynn - Lux Res Dev Opp Palm Beach - FINAL 8-21-2017 .VS27

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065 Bonded & Insured Risk-Free Turnkey Investment Properties Development Business Plan Luxury Residential Palm Beach County September, 2017Our Contract and Construction Bonds fully insure 100 percent of the completed value of projects we build. Thisincludes every dollar from our clients and partners, whom are fully bonded and insured for each-and-every dollarinvested or placed with us for construction development. Our bonds ensure a risk-free contract—guaranteedcompletion of projects undertaken, will be satisfactorily completed according to architect specifications.Please note that we have made every effort to provide as many market comps as possible in determining theprojected returns for the enclosed projects. We do not, however, guarantee the exact returns, nor can we. Theactual returns, given the fact that we have used consistently conservative market data and comps, are likelymodestly higher. We consistently build homes of the highest quality, even though we regularly bid below ourcompetition. Accordingly, we are able to generate very strong margins. 1 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065 Turn Key Development Luxury Residential Construction and Sale – Palm Beach County Co-invest equally (50-50) with us and earn 15.00% for an estimated 20-month term (Co-Title) Or, As a Lead Investor, and enjoy an estimated 39.17% (Sole Title)________________________________________________________________________________________ Development Process – Time Frame:● 3-4 weeks drawings● 6 months construction permits● 6-8 weeks permitting● 8-10 months residential construction= 19 months development period For sale at 16-month mark maximum + conservative below-market performance of 8 additional monthsfor sale, equaling 24 months total period – please note, based on market performance this is most likely 18-20months. A term of 24 months allows for a more than conservative response time for permits as well as an unlikelybelow-market sale time. The total time-period we use for sale is up to 8 months on the market, since our homeswill be for sale on the market at least 3+ months prior to completion (3 + 5 months). To minimize typical delaysdue to design changes by meticulous buyers, we will place on the market at full completion, or right before,allowing for modest design modifications by buyer. The 3% commission payable at sale, will not reduce our returns, since we calculate returns based ontoday’s prices without the estimated minimum 4% annual appreciation in prices of residential real estate in PalmBeach County. 2 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065 We will be pleased to work with partner investors on 1, 2, or all 3 luxury homes detailed in this book, aswell as the 3 others we are building not detailed in this booklet. We invite your participation. Two Principle Facts: 1) High End Residential is the leading sector of real estate in South Florida at-this-time, 2017, and in the recent 3-5 + years, see data below, and ask for detailed reports. Palm Beach residential, particularly, is performing better than any other segment – see report links below. 2) We’re a time-proven seasoned builder, having not only built among the highest quality homes in Southern Florida, we have built for virtually every municipality / city, in Southern Florida – City of Boca Raton, City of West Palm Beach, County of Palm Beach, City of South Palm Beach, City of Delray Beach, City of Boynton Beach, etc, etc. In Boca Raton, for example we’ve built half the Fire Station buildings in the city. So, can we deliver? The above demonstrates our consistency, market trust, competitiveness, and performance having been tested time and time again. On average, we win half of the work we bid, due to our work and the below-market prices we quote. We could charge more, but our commitment to our clients’ long term, is our first consideration – just ask the market.Palm Beach - Second Quarter 2017 Highlights11%• increase in closed sales over prior year9%• The average $/SF was $1,297/SF which was higher than prior year187• Marketing time for homes this period decreased to daysPalm Beach (All Areas)197 187• AVERAGE DAYS ON MARKET Q1 2016 – DAYS for Q1 2017 DAYS, and+11%• AVERAGE PRICE Q1 2016 $6,607,431, Q1 2017 $8,542,965+9%• PRICE PER SQUARE FOOT Q1 2016 $1,189, and Q1 2017 $1,297 2ND QUARTER 2017 PALM BEACH RESIDENTIAL MARKET REPORT Brown Harris Stevens 3 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065 LINK FOR FULL PALM BEACH REPORT: http://media.bhsusa.com/pdf/BHSPalmBeach2Q17.pdf LINK FOR FULL MIAMI REPORT: http://media.bhsusa.com/pdf/BHSMiami2Q17.pdfLINK FOR FULL MANHATTAN REPORT: http://media.bhsusa.com/pdf/BHS2Q17_Market_Report.pdf 4 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065 5 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065 6 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065 7 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 15050651029 Country Club Drive, N Palm Beach, Florida 33408: Currently Vacant Land. 8 • List Price: $1,785,000 • Offering 1,740,000 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 15050651029 Country Club Dr, N Palm Beach, FL 33408 - New Construction Proposed: 2 Story, openfloor plan, transitional smart home (detailed later)• 6 beds Average Sold per Sq Ft ($1042 comps reduced to 925) $925• 6.5 baths• Luxurious Pool 6500 X $925 = $6,012,500• 3 car garage• 6500 SF home Total Investment of land $1,740,000 + Construction at developers cost $250/SF +$1,625,000 = $3,365,000Profit based on past sales $6,012,500 Price below will be the actual Selling $3,365,000 listing price based on inventory Cost $2,647,500 and recent sales: Estimated Gross Profit LIST PRICE 6,012,500 PROFIT at LIST 2,647,500Developer will have a cost plus 25% agreement for construction services as project developsnot land purchase. Developer will profit a 35% of net profits. Investor will profit 65% of netprofits.Comps: 11609 Charisma Way, Palm Beach Gardens, FL: Total: 9364 SF List Price: $7,250,000 13750 Old Prosperity, Palm Beach Gardens, FL: 5 beds 4.5 baths Living: 5985 SF List Price: $6,995,000 1208 Seminole Blvd, North Palm Beach, FL: 7 beds 7.5 baths SF Total: 11,658 SF List Price: $6,990,000 110 Wells Rd, Palm Beach, FL: 5 beds 6.2 baths: 6493 SF List Price: $7,250,000 970 N Ocean Blvd, Palm Beach, FL: 3 beds 2.5 baths 4054 SF List Price: $6,600,000 246 Eden Rd, Palm Beach, Florida: 6 beds 5.5 baths 5,661 SF List Price: $6,700,000 9 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065Development Opportunity 1199 Lands End Rd Lantana, Florida 33462 10 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 15050651199 Lands End Road: Currently Vacant Land. 11List Price: $1,750,000Offering 1,540,000.00 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 15050651199 Lands End New Construction Proposed: 2 Story, open floor plan, transitional smart home.• 6 beds Average Sold per Sq Ft $793• 6.5 baths 6500 X $793 = $5,154,500• Luxurious Pool• 2 car garage Total Investment of land $1,540,000• 6500 SF home + Construction at developers cost $250/SF +$1,625,000 = $3,165,000Profit based on past sales $5,154,500 Price below will be the actual Selling $3,165,000 listing price based on inventory Cost $1,989,000 and recent sales: Estimated Gross Profit LIST PRICE 5,154,500 PROFIT at LIST 1,989,000Developer will have a cost plus 25% agreement for construction services as project developsnot land purchase. Developer will profit a 35% of net profits. Investor will profit 65% of netprofits.Price below will be actual listing price based on inventory and recent sales at today’s prices.These prices increase at minimum 3-5% annually, hence profits will increase accordingly.Home Listing Price: $5,154,500Gross Cost: $3,165,000Gross Profit: $1,989,000Gross Profit Margin: 62.84%Comps: 317 S Atlantic Drive Lantana, FL 33462: Total: 7521 SF List Price: $3,599,999 1455 Lands End Rd, Manalapan, FL 33462: 5 beds 6.5 baths Living: 8774 SF Total: 8774 SF List Price: $4,650,000 825 W Oyster Lane, Lantana, FL 33462: 5 beds 5.5 baths Living: 5148 SF Total: 6651 SF List Price: $4,495,000 12 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 15050651545 Lands End Road, Manalapan, FL 33462: 6 beds 8 baths Living: 7870 SF Total: 9630 SFList Price: $6,995,000719 Pelican Lane, Lantana, FL 33462: 5 beds 6.5 baths Living: 4736 SF Total: 7060 SFList Price: $4,495,000501 S Atlantic Drive, Lantana, Florida 33462: 5 beds 6 baths Living: 5752 SF Total: 9291 SFList Price: $5,950,000 Development Opportunity 13 232 Bahama Lane Palm Beach, Florida 33480 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065232 Bahama Lane, Palm Beach, Florida 33480: Currently 3 beds 3.5 baths Living: 2668 SF Total:3142 SF Total List Price: $1,900,000232 New Construction Proposed: 2 story open floor plan transitional smart home.• 5 beds / 6.5 baths Average Sold per Sq Ft $1126• 6.5 baths 5500 X $1126 = $6,193,000• Luxurious Pool• 2.5 car garage Total Investment of land $1,900,000• 5500 SF home + Construction at developers cost +$1,625,000 = $3,525,000Profit based on past sales $6,193,000 Price below will be the actual Selling $3,525,000 listing price based on inventory Cost $2,668,000 and recent sales: Estimated Gross Profit LIST PRICE 6,193,000 PROFIT at LIST 2,668,000Comps:931 N Lake Way, Palm Beach, Florida 33480: 6 beds 7.1 baths Living: 5780 SF Total: 7508 SFStatus: Pending, List Price: $6,200,000257 Sandpiper Drive, Palm Beach, Florida 33480: 4 beds 5.2 baths Living: 4238 SF Total: 5080 SFStatus: Closed, List Price: $6,000,000253 Jamaica Lane, Palm Beach, Florida 33480: 4 beds 5.2 baths Living: 4375 SF Total: 5208 SFStatus: Closed, List Price: $5,400,000256 Tradewind Drive, Palm Beach, Florida 33480: 3 beds 4.1 baths Living: 3715 SF Total: 4526 SFStatus: Pending, List Price: $ 4,990,000Home Listing Price: $6,193,000Gross Cost: $3,525,000Gross Profit: $2,668,000Gross Profit Margin: 75.69% 14 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065 Business Plan Preface On behalf of Republic Construction and Wynn Development, we are excited to share the exceptionalprofits being realized today, in the luxury home market in South Florida. Higher Profits We plan to build a minimum of 6 additional homes each year to capture the significant profits in this highmargin market. Furthermore, as a result of building before sale, or spec, we realize increased margins. Attractive for Today’s Now Market Many homebuyers today, often simply do not want to go through the following lengthy process: to findideal land parcels, and then to gather the necessary permits, and then to find a quality architect, then lastly to gothrough the arduous process of going back and forth to get their design additions. Our group, provides, therefore a turn-key luxury solution to these discerning clients, while at the sametime, facilitating these buyers to have a number of design changes to suit their specific tastes, making the buyerknow they receive a top-quality home along with some of their one-of-a-kind design features. As we approachthe completion of construction, we place the property on the market only when it is near completion, allowing foronly relatively minor cosmetic custom unique features, while not delaying completion significantly which build-to-suit projects inherently often have. The later incorporates many delays, and accordingly ongoing submissionsfor new or adjusted permits. We invite a select few to enjoy the bulk of the profits, by participating with Republic Construction andWynn Development. Building Process: • 3-4 weeks drawings, then • 6 months permits, then • 6-8 week permitting, then • 8-10 months construction • 18-20 month complete process 15 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065I. Executive Summary Republic Construction in partnership with Wynn Development propose the majority of profits, or 65 percent of the net yield, to be earned by our investor partners on each home, equating to well approximately 39 percent yield for the 24-month total term, that includes 10-12-month timeframe of construction, plus timeframe for building permits of 6-12 months, through to sale of properties.II. Projects are already entitled. Building permits only required.III. Cash Required - $10,055,000. Funds can be disbursed every three-month period, as construction develops and investor(s) will receive quarterly progress report. This includes total supervision expenses of only $7500 monthly for 24 months. All construction will be at cost during the term. All invoices are available for inspection for investor(s), which has always been our open-book policy - see website for more information RepublicConstructionCorp.com. Schedule: a) Funds disbursed to acquire land b) Funds paid for supervision of $7500 monthly at start and each quarterly period c) Payment of construction invoices monthly or quarterly until project completion d) Disbursement of profits at completion 65% to investor 35% to developer Cost + 25% to builder (invoices available for inspection any time to investor) This is part of our open-book policy we have always adhered to.IV. Final Profit Participation – as stated above 65% of Net Profit to Investor, estimated at 25% return on investment over maximum term of 24 monthsV. No personal guarantee required.VI. We have many building references, including the City of Boca Raton, Palm Beach County, City of Delray Beach, and many others – see list below. We have built numerous building for each of these public entities over the years. 16 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065 Business Description Every Republic Construction Corp. project begins with a commitment to excellence. This commitment is the same whether the contract is initiated through negotiations, Design Build or competitively bid. We welcome the opportunity to negotiate with an owner in the planning stage as we believe this approach ensures the owner the most-fair and equitable project value. In a negotiated contract arrangement, Republic Construction Corp’s books and estimated costs are open and available for the Owner’s review. The negotiated contract assigns a single point of responsibility for quality, cost control, and scheduling which requires a team approach. Trust in a contractor comes with history between the owner, design team and contractor. Republic Construction Corp. is committed to do whatever it takes to build lasting relationships, focusing on the future and a negotiated contractual arrangement. Construction management at risk has become a typical contract approach for public agencies. Republic Construction Corp’s project team offers decades of construction management experience. As with negotiated contracts, books are open to the client and the relationship be-tween the contractor and design team is initiated at the project’s conception. There are several advantages to the client in this approach including a guaranteed maximum price prior to the start of construction and a fast-tracked project schedule. These advantages are accomplished through value engineering, building systems review and securing subcontractor input and pricing through the design phase to ensure the most economical construction approach for the project.References:We have built commercial properties for each of the cities below among many others in each property type wehave developed over the decades we’ve been building. City of West Palm Beach Chillingworth Park Fogelman Park Nathaniel Adams Park City of Delray Beach Veteran’s Park Merritt Park Delray Beach Tennis Center, Phase II Lakeview Golf Club Restroom s Pine Grove Park Police Evidence Building Lunchroom at Parks & Rec. Dept. 17 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065City Attorney Record StorageCity of Boca RatonFire Rescue Modular Bldg.Central Area Service CenterMarine Safety Storage Bldg.Fire Station #7Fire Station #3Palm Beach CountyOkeeheelee Parks FacilityFire Station 41Property Appraiser 1st & 5th FloorsGovernmental Building, 1st FloorGovernmental Building, 2nd FloorProperty Appraiser Office, 12th FloorCity of Boynton BeachEzell Hester Community CenterPolice Substation ImprovementsOthersLantana Recreation CenterChildren’s Services Council OfficeSWA Transformer BuildingGreenacres Public Safety ComplexEDUCATIONALPalm Beach Community College ADA ImprovementsSpanish River High School for PBC School DistrictWoodlands Middle School for PBC School DistrictJefferson Davis Middle School for PBC School DistrictSouth Tech Waste Water Improvements Business Mission Our mission is to provide builder services that surpass our Client’s expectations. We will accomplish this through the selective use of responsible subcontractors, by hiring and retaining first class employees, and by approaching the building process with honesty and integrity. This will provide the 18 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065foundation for long term customer relations and growth. We are committed to the success of ourClients, our business partners, and our employees.New Luxury Custom HomesAfter thorough research and analyzing of current market inventory, sales and future investmentopportunities, the Company is prepared to introduce the following product to the market:Various New Custom Home: New 2 story custom home. Open floor plan transitional smart home withpool. 6 bedrooms, 6.5 bathrooms, 3 car garage, 6,500 square foot total home. See – Design Plan andFeatures detailed in next section.Funding RequestThe Company requests a total loan of $10,055,000 over the course of 24 months to be used for thefollowing opportunities: Note permitting should be taken into consideration upon the commencementof said investment. The estimate is a maximum of 18-20 months for the term, a period of 24 monthsis used to be conservative, as it is unlikely to extend beyond 20 months for repayment.Purchase of 3 properties1029 Country Club Drive, North Palm Beach, Florida 33462 – 1,740,000Construction 1,625,000Total Investment $3,365,0001199 Lands End Road Lantana, Florida 33462 – 1,540,000Construction 1,625,000Total Investment $3,165,500232 Bahama Lane Palm Beach, Florida 33480 – 1,900,000Construction 1,625,000Total Investment $3,525,000Total Investment of all projects listed $10,055,000Purpose __ Loan AmountThe investment term is a maximum of 24 months. Our conservative below-market projections showrespective returns of 43.29%; 32.51%, and 41.70% respectively Cash-On-Cash ROI on thesethree investments for a prospective investor partner. 19 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065VII. Business Summary Industry Overview In the United States, the total value of new private construction is $824 billion. An estimated $411.93 billion is the forecasted value of new residential construction. There have been record sales in Palm Beach Island and surrounding territories. Jumbo loan buyers have risen to 25 percent and climbing. This is the market is what we target specifically due to the returns earned in the life of the project. Palm Beach has incurred record sales of homes, particularly in the $10 million+ market in the past recent months. Research shows that consumers in this industry primarily focus on the following factors when making purchasing decisions; The year of the home, in which all of our recent developments will have a certificate of 2018 or sooner upon completion. Clients in this market tend to not purchase builders grade development homes. We provide thorough well thought out planning from our designers and architects to achieve homes of the future without all the headaches of customization and change orders which delay a project. Miami is overpopulated and expensive. The Miami market home buyers are now quickly heading north to the Palm Beaches. The price per square feet in our market is a better value than that of the Dade county market. The Bristol, Palm Beach County’s newest Millionaire/Billionaire’s luxury residential development, is a prime example of a recent higher-end development selling well above $2,500 a square foot and is 78% pre-construction sold. Buyers are seeking custom new construction high end homes without waiting, and without the headaches of land acquisition, planning, permitting and construction. Design Plan Including Features After years of surveying the leading luxury homes, and the features buyers consistently demand we build for them time and time again. The following highlights a winning combination of uncompromising quality, and yet not audacious spending. These features sell homes not only in the luxury market, but also to the middle-to-high-end market demanding higher and higher quality today, at reasonable price points. These have proven to demonstrate to buyers that they are awed by the experience these winning features provide the new home owner: 20 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065Homes priced from $5M to $8M, will be large and spacious, and yet practical for the modern buyerranging from 6000 to 8000 square feet of luxury, meeting the demands of the most discerning clientele,with an extensive selection of high-demand fixtures, including:o Contemporary Modern with a Spanish / Mediterranean influence that showcases the Florida lifestyle and outdoor living design, where the traditional home flows seamlessly to the outdoor living areas, grand sliding doors, French doors, etc.o Open floor plans with transitional flowo Kitchens invariably having large islands with stainless steel appliances and facing the water and/or plenty of light, granite countertopso Large bathrooms, all with ensuites, and granite countertops that match the home’s kitchen graniteo Grand Entryways – double doors and archway, including a ‘wow’ feature, that is property-specifico Light and bright pastel colors, with a white themeo Large gas fireplace in main spaceo Timeless hardwood accentso Natural stone and tileo Stylish area rugso Resort style pool with minor water features, or optional grand waterfallsBusiness Goals and ObjectivesShort-term: • Lock in properties with under-listed value in the next few months • Postpone closing as long as needed to have all benefits of planning, design and permitting in place ahead of scheduleLong-term: • Sell homes higher than the listing price with any added post-sale design features/fees added to total sale price(s) of construction • Construction completed ahead of schedule and under budgetLegal IssuesThe Company is fully bonded and insured for the full value of each, and every project. We areexpanding rapidly at this time, and just recently increased our Bond. Please inquire for specifics. 21 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065VIII. Marketing Summary Target Markets The Company’s major target markets are as follows: The growing sector of high net worth Americans are seeking upper scale luxury homes. Buyers today in every segment of virtually all industries, do not want to wait as their more patient predecessors did. They want what they want now. With a very low inventory, the demand to build luxury homes before sale has never been greater. An additional trend among seasonal residents is a transition to year-round residency in Florida, a trend that is steadily climbing. Our primary focus, however, are those that would be living in their homes year-round. The leading 10 cities of Palm Beach County we primarily work in are: Boca Raton, Delray Beach, Hypoluxo, Manalapan, North Palm Beach, Palm Beach, Palm Beach Gardens, Palm Beach Shores, South Palm Beach, West Palm Beach Benefits of this Market 1. Palm Beach is having record sales for $10 million + homes in the past months. 2. Miami market is heading north to the Palm Beaches. 3. Miami is overpopulated and expensive. 4. Buyers are seeking custom new construction high end homes without the headaches of land acquisition, planning, permitting and construction. 5. The level of competition is so high, on Hypoluxo Island, that only one home is currently left on the market in Hypoluxo Island, currently listed for $5,900,000. 6. All properties acquired will be marketed by our top agents that are trained to represent our custom builds. Services As a general contracting firm, our mission is always evolving to meet the everchanging needs of our clients and their projects with integrity, honesty and reliability. What is constant about our mission is our commitment to serve as an integral part of the project team. 22 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065We work with the Owner, Architect, Engineer and other team members to present creative buildingalternatives and cost-effective solutions which add value to the project’s bottom line and ultimatesuccess.Republic Construction Corp’s primary mission to serve as a key component to the project team isaccomplished by employing state of the art communication technology, construction techniques, projectmanagement and qualified personnel.“Open communication and a common objective for all team members are at the forefront of anyproject’s success. Republic Construction Corp. takes pride in subscribing to these ideals in our projectdelivery approach.”Steven NeubarthPresidentIX. Financial Plan18-24 Month Profit and Loss Projection for Overall Investment (likely period 16 months)Monthly expense for supervision (7500 x 24 mo. max term = 180,000) $180,000This fee is deducted from Developer at closing.Gross investment for upcoming recent purchases and construction (projected): $10,055,000Gross projected profit for upcoming year based on conservative comps $7,304,500This is a conservative estimation based upon current comps, assuming the unlikely event of noadditional, market increases, increase in market prices. We also are basing these returns on sellingbelow list.X. Additional PropertiesWe have several additional properties that have been brought to us from our agents, banks and otheroff market sources. These include: golf course land, Palm Beach Island land, and equestrian lots thatprovide similarly outstanding returns on high-end residential development.We invite investor(s) to discuss with us their preferences. As mentioned, we have an open-book policy.Accordingly, we are amenable to changes in any part of the plan herewith. We invite your participationand look forward to reaping the rewards of the market together, and working with you. We thank youfor the opportunity. 23 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065XI. Profit Detail – Property # 1: 1029 Country Club Drive, N Palm Beach, FL $3,365,000 Total Cost of Land and Construction at $250 / SF $6,012,000 Sale Price $2,647,500 Net Profit to Group Total of 78.67% Gross Profit $ 406,250 Republic Construction cost + 25% return on construction only on $1,625,000 x .25 $2,241,250.00 Net Profit to investor after construction company fees $1,456,812.50 Net Profit to Investor @ 65% of $2,241,250 $ 784,437.50 Wynn Development – $2500 monthly, or $60,000 for 24 mo.’s project management Net Cash-On-Cash Profit to Investor: $1,456,812.50 / $3,365,000.00 = 43.29 % ROI Profit Detail – Property # 2 1199 Lands’ End Rd, Lantana, FL $3,165,000 Total cost land and construction at cost of $250 / SF $5,154,500 Sale Price $1,989,000 Net Profit to Group Total of 62.84% Gross Profit $ 406,250 Republic Construction cost + 25% return on construction only on $1,625,000 x .25 $1,582,750 Net Profit to investor after construction company fees $1,028,787.50 Net profit to investor @ 65% of $1,582,750 $ 553,962.50 Wynn Development - $2500 monthly, or $60,000 for 24 mo.’s project management Net Cash-On-Cash Profit to Investor: $1,028,787.50 / $3,165,000 = 32.51% ROI Profit Detail – Property # 3 232 Bahama Ln, Palm Beach, FL $3,525,000 total cost land and construction at cost of $250 / SF $6,193,500 Sale Price $2,668,000 Net Profit to Group Total of 75.69% Gross Profit $ 406,250 Republic Construction – cost + 25% of construction-only of $1,625,000 x .25 $2,261,750 Net Profit to investor after construction company fees $1,470,137.50 Net profit to investor @ 65% of $2,261,750 $ 791,612.50 Wynn Development - $2500 monthly, or $60,000 for 24 mo.’s project management Net Cash-On-Cash Profit to Investor: $1,470,137.50 / $3,525,000 = 41.71% ROI 24 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065Co-Investment 50-50On behalf of Wynn Development and Republic Construction, we are also pleased to fund one half ofthe capital required for these residential projects. Wynn Development has a residential fund which canbe utilized to invest up to fifty percent of the equity capital needed to fund construction.In this case, the following would be the respective returns for a prospective investor partner:15% for the 18-20 month termThe OpportunityWe all know it is not easy to make double-digit return with a fully secured investment these days.High end luxury homes built pre-sale, offer this opportunity. We plan to take advantage of thisopportunity, whereas to date we have been building these same homes for select buyers, as well as onbid from the marketplace. By building pre-sale, we realize a significant additional margin of 35-45%.It should be noted that our Contract and Construction Bonds insure 100 percent of every dollar ourclients or partners place toward any of our building projects throughout Florida.We welcome any-and-all questions, including additional meetings and/or any preferences you mayhave. We are happy to forward you these other properties for your perusal. We have extensive lists ofreferences available as stated above that include virtually all the cities and municipalities of southernFlorida, who return to us, based upon the excellence of work, craftsmanship, integrity and our open-book policy that delivers what we say and when we say – on time and on budget consistently for twoand one-half decades.Sincerely Yours, Dave Wynn 25 President Wynn Development LLC Cell: 954.465.1786 Corporate Place 1200 N. Federal Hwy, 2nd FL Boca Raton, FL 33432 Ph: 800.521.5460 Fax: 888.434.0979 WynnDev.com Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065We have several additional luxury development opportunities providing similar, and in some cases higher net returns, including for example: Additional Development Opportunity: 2231 Canal Rd, Palm Beach Gardens, FL 33410 • House Style: Boat Dock, Single Family 26Exterior and Lot Features Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065• Views: Canal, Lagoon• Lot Description: 1/4 To 1/2 Acre• Lot Dimensions: 115.0 Ft X 157.0 Ft• Acres: 0.42• Roads: Paved 27 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]

Excellence in Luxury Residential, Commercial, Resort and Equestrian Development in Florida for over 23 years, CGC 1505065 28 Republic Construction Corp601 N. Congress Avenue, Ste 435B, Delray Beach, FL 33445 Ph: 561.900.2487 Fax: 561.634.2806 RepublicConstructionCorp.com, E:[email protected]