The Developers

simply expanding upon the market that they have worked for the past seven years to nurture.

Arizona Sky Village is a residential community located in Portal, Cochise County, Arizona, just across the New Mexico state line and within an approximately 15-minute drive from Rancho Hidalgo. ASV is a 430-acre fully-platted Arizona sub-division comprised of 75 single family lots and 11 adobe-style Fractional Share Units all on four-acre lots. Each enjoys spectacular unobstructed views of Cave Creek Canyon and exquisite night skies. The community is dedicated to the preservation of its pristine natural surroundings, native habitats, and dark skies. The community is primarily known for its concentration of amateur astronomers, who come from all over the world, to explore the wonders of the night sky in one of the best observing locations on the planet.

As noted earlier, since its inception nearly six years ago, ASV has been frequently featured in top news media including The New York Times, National Geographic, Life Magazine 70 Years in Pictures, Reuters, Associated Press, Rolex for Enterprise, Tucson Weekly, Astronomy Magazine, and Sky and Telescope - just to name a few. This notoriety has continually served to fuel sales at ASV and the publicity from the January 2008 issue of Astronomy Magazine was primarily responsible for the majority of the $700,000 in Initial Rancho Hidalgo Investor Sales which closed on February 29, 2008.

The experienced development team will be spear-headed by Eugene L. Turner, Timothy E. McShane, and Leigh Anne Johnson.

Eugene L. Turner

Mr. Turner is a CPA with 20 years of Florida golf-course community development experience. Mr. Turner is currently the managing partner of Arizona Sky Village, the successful 430-acre fully-platted development located just across the state line in a pristine mountainous region of southern Arizona. Mr. Turner was responsible for establishing the Portal, Arizona market which is now comprised of single family product ranging in price from $250K to $1.5-million custom homes. Mr. Turner’s past experience as a CFO ranges from a 2,000-acre multiple golf course master-planned community, encompassing all facets of development and construction, to sales and construction of custom homes ranging in price from $3 million to $20 million in the posh Naples, Florida market.

Timothy E. McShane

Mr. McShane is a licensed contractor in both New Mexico and Arizona. He began in the Ohio construction industry more than 10 years ago, and built a thriving business based primarily upon referrals from satisfied customers. His company branched out into the development business in 2001 in Cuyahoga Falls, Ohio with the 14-home development named Bailey Cove. Over the last two years, Mr. McShane has expanded his company into Arizona and is now the exclusive builder at Arizona Sky Village. Mr. McShane is a graduate from The University of Akron with a Bachelor of Science degree in marketing management. He is also a proud graduate of Walsh Jesuit High School where he continues to be actively involved.

Leigh Anne Johnson

Since graduating summa cum laude from the Honors College at Kent State University with a BSBA in finance, Ms. Johnson has amassed 15 years of high-level corporate real estate finance experience. She has been involved with Arizona Sky Village since its inception, offering detailed financial analysis, marketing support, and financial expertise. Over the past six years, she has been responsible for more than $2 billion in real estate asset closings in her roles as Director of Acquisitions for one of the largest retail real estate companies in Florida and as an Associate Vice President of one of the top boutique real estate investment banking firms in New York. In her career she has marketed, advised, and analyzed transactions of multi-million dollar assets for such notable clients as Lehman Brothers, CalPERS, TIAA-CREF, Heitman, Tishman Speyer, Citigroup, Kmart, Urban-Radamco, Starwood/Wasserman, The John D. and Catherine T. MacArthur Foundation, and WCI Communities. Ms. Johnson is a licensed real estate broker in Arizona, Florida, and soon-to-be New Mexico.