Vernon Schweigert

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Description


Mr. Schweigert has served the Company as a Director since December 2002 and as the Chairman of the Board of Directors since December 19, 2006. In May 2001, Mr. Schweigert was appointed by the United States Bankruptcy Court for the District of Arizona to serve as Trustee of the bankruptcy estate of the Company's predecessor, Stevens Financial Group, Inc., and served in that capacity, leading the reorganization under Chapter 11, until the case was closed by order of the bankruptcy court on December 13, 2004. Mr. Schweigert has over twenty years experience as a consultant to the real estate development industry. Mr. Schweigert has also served in various capacities, primarily as a trustee or consultant, to companies in or facing bankruptcy. In addition, Mr. Schweigert serves as Chief Restructuring Officer for Cardinal Communications, Inc., a public company that filed for bankruptcy in 2008. Mr. Schweigert holds an undergraduate degree from Illinois State University and an MBA from Arizona State University. From and after the Effective Date December 7, 2009, the Board has designated Vernon S. Schweigert as the Company?s sole director and sole officer, having the corporate titles of President, Treasurer and Secretary, to serve until his successor is duly elected and qualified or until the Company has completed its dissolution and complete liquidation according to the Dissolution Plan.

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