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Fred Montano, has been our chairman of the board, chief executive officer and president since May 2005. He also was our treasurer from May to June, 2005. Mr. Montano holds a New Mexico real estate broker’s license. Since the late 1980’s, he has concentrated on identification and acquisition of developable properties, engineering land plans, obtaining entitlements for projects, and managing the construction and sale of finished lots to builders. Until 1997, he performed this service for developers and builders; thereafter, he acted on his own behalf as managing member of Falcon Ridge Development, LLC, a private New Mexico real estate development company. From 1977 to 1989, he acted as a broker in commercial real state sales and management of income producing properties and owned and operated a fee property management company. From 1977 to 1980, he worked as a residential sales agent. | 