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Tuesday, 10/02/2007 10:36:19 AM

Tuesday, October 02, 2007 10:36:19 AM

Post# of 162847
SEC form shows Bickel and Nerison's compensation....

They were entitled to $1000 a month for a 12 month term which started last January.

They have resigned because their sevrices are no longer necessary to be replaced by Aero personell.

Now think about this, if they were both involved with the AUDIT and they have now resigned, then doesn't that suggest that the Audit has already been prepared?

Here's the SEC info on them. This is a very exciting development.



43180 Business Park Drive, Suite 202

Temecula, CA 92590

(Address of principal executive offices)

(951) 587-9100

(Registrant’s telephone number)


ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS’ ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICER


On January 2, 2007 Robert McCoy, the sole member of the Board of Directors, appointed James Bickel and Gary Nerison to serve as members of the Board of Directors. Mr. Bickel will also serve as Chairman of the Investment Committee and as a member of the Audit Committee. Mr. Bickel entered into an agreement with the Company, effective as of January 2, 2007. The agreement has a twelve-month term, subject to renewal upon agreement of parties. Mr. Nerison will also serve as Chairman of the Audit Committee and as a member of the Investment Committee. Mr. Nerison entered into an agreement with the Company, effective as of January 2, 2007. The agreement has a twelve-month term, subject to renewal upon agreement of parties. Under the agreement, he is entitled to a monthly $1,000 fee for services rendered. The Board of Directors now consists of Robert McCoy, James Bickel and Gary Nerison, each of whom is an independent director.





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