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AmericaTowne Holdings Inc (ATMO)

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09/14/07
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CHARTER EQUITIES, INC., an Arizona corporation with corporate headquarters in Gilbert, Arizona, is a publicly traded diversified holding company with current holdings in the recreational vehicle dealer industry and real estate investment segment. CHARTER has three operating subsidiaries that include: Saddleback Recreational Vehicles, Inc. a highly visible recreational vehicle dealer in Colton, California. Saddleback operated from Irvine, California from 1991 before moving to its new, state of the art, Colton dealership facility in 2006. Their new dealership includes a comfortable atmosphere and extensive service capabilities for the well-heeled RVer. With average annual sales of $24,938,000 the past four years, Saddleback has a recognized and well established presence in the RV dealership community. Saddleback has exclusive marketing territories for the following products or manufacturers: 5th Wheel Trailers by Carriage, Inc.; Toyhaulers by Dutchman; Class C and Class A motorhomes by Gulfstream and Four Winds, a division of Thor, and luxury motorhomes by Foretravel. Saddleback’s website is at www.saddlebackrv.com Charter Investment Properties, Inc., (CIP) an Arizona corporation that is a 100% owned subsidiary that currently owns three investment properties with a combined asset value of approximately $855,000. CIP has options on two other existing investment properties that it expects to exercise soon that will add an additional $600,000 of assets to the company. CIP is also a 25% owner (Member) of an Arizona LLC which is a licensed real estate broker in Arizona. Charter Media and Marketing, Inc. (CMM), an Arizona corporation that is a 100% owned subsidiary of CHARTER that operates the website www.homecompsaz.com , an advertising tool that assists realtors in reaching potential homebuyers looking for comparable values of home sales in the Phoenix market. The CHARTER business plan is to invest in real estate properties initially in the greater Phoenix area with special emphasis in taking advantage of today’s growing buyers market through the targeting of foreclosure and other distressed properties. The Chairman and President of the company is Mathew L. Curtner, 33, a