1. Investment Opportunity in Las Vegas October 2009 Contact Info: Carlos Delgado C: (310) 748-8454 E: c_delgado13@yahoo.com

2.  Opportunity to invest in hotel/condo unit in luxurious Las Vegas CityCenter complex  Unit will be used as a year round hotel room MGM Mirage CityCenter is a $8 billion luxury resort Located on Las Vegas Strip between Bellagio and Monte Carlo hotels 7 towers spanning 66 acres Construction began in April, 2006 and is expected to close March 2010 Architectural “dream team” assembled Pelli Clarke Pelli, Rockwell Group, Studio Daniel Libeskind, Kohn Peterson Fox Associates LLC, Helmut Jahn, RV Architecture LLC, Gensler, Foster and Partners CityCenter will receive LEED Silver Certification from U.S. Green Building Council Investment opportunity to buy Vdara Condo Hotel Unit #40010 is a 1 bedroom/1.5 bathroom junior suite condo on the 40 th floor overlooking Bellagio water fountains Vdara will be a 50 story, ebony glass tower with 1,543 condo/hotels located between Bellagio and CityCenter casinos Five-star condo hotel with top-on-the-line amenities/services including 4 th floor rooftop pool/cabana Full service spa Branded salon State-of-the-art 7,000 ft. conference facilities 24 hour concierge, bellman, doorman, security & valet parking Source: Condohotelcenter.com 11/28/06 article

3. Unit Specs:  1 bedroom  1.5 bathroom  Approximately 782 square feet  Fully furnished  Crown molding  Recessed down lighting  Energy efficient appliances  Stacked washer/dryer  Central Air/Heating  Roman Shades  Luxurious 1 bedroom / 1.5 bathroom sits on 40 th floor overlooking Bellagio fountains Floor Plan - 40 th floor 1 Bedroom

4.  Despite current economic downturn and “overbuilding” concerns in Las Vegas, investment opportunity is attractive Visitor Volume / Room Inventory The Center for Business & Economic Research at UNLV predicts an increase in visitors in 2009 & 2010 after an expected decline of 4.4% in 2008 Over 20,000 new hotel/motel rooms are expected to be added to the Las Vegas Strip between 2009 and 2011 Despite the increase in room supply and 2008 decline in room demand (visitors), Visitors to Room Inventory ratio will still be within its historic range Sources: Las Vegas Convention and Visitors Authority, Center for Business & Economic Research UNLV Visitor/room inventory ratio will contract due to an increase in supply of new hotel rooms including the CityCenter project, but still remain within its historical range

5.  Current Status & Next Steps Sellers acquired rights to the condo/hotel unit in Summer of 2007 Due to lack of available financing for condo/hotels, sellers will not move forward with the investment and are looking for a buyer to take over their equity stake MGM has reduced purchase price by 30% to $626,000 Investment for sale is the sellers’ ~29% equity stake in the investment Buyer will assume contract and be responsible for closing transaction Interested parties please contact Carlos Delgado Contact Info: Carlos Delgado C: (310) 748-8454 E: c_delgado13@yahoo.com