1. Residents Voice 5/17/07 Update Conrad Grundke

2. Subjects Our Historical “Globe.” Insurance. Update on Credit Cards. Expense Reimbursement Records.

3. The GLOBE Problem! LW Created Broadband & made profit! LW Used RRLH Trademark to make the profit! (LW Globe). RRLH wanted fee for use of Trademark! GRF/PCM Changed Name from LW to LWV! RRLH took GRF/PCM to Court! Court Ruled on case!

4. What did the Court Order Say? 1). Remove the Globe by May 16, 2007, or, 2). Get written permission to display it.

5. Extract from page 3 of the Judgment!

6. What did GRF/PCM elect to do? Destroy It !

7. WHY ? Spite – Blame RRLH ? H i d d e n A g e n d a ? Contempt ? N o O n e R e a d t h e C o u r t O r d e r ?

8. Security Update PCM’s Take! Letter to all gate guard employees dated May 11, 2007 stated that any “Guard” caught talking to any “reporter” about the “Globe” would be disciplined and fined. What could a “Guard” tell a reporter about the “Globe.”

9. Earthquake Insurance

10. Did You Know ? United Mutual eliminated Earthquake Insurance a couple of years ago. –Felt that their General Fund would cover costs Third Mutual eliminated Earthquake Insurance a couple of weeks ago. –How does this affect you ?

11. Credit Card Update

12. GRF/PCM Press Release Formed 3 person Committee to Review Credit Card Charges. Committee finds nothing wrong, BUT, acknowledges that, “they don’t know what to look for.”

13. Peaceful & Quiet

14. OOpps! Credit Cards

15. Expense Reimbursement Records Only from a part of 1 Division out of 9 Divisions.

16. OH! OH! Expense Reimbursements

17. Follow the MONEY! Residents Voice Credit Cards Expense Accounts

18. Initial Observations Credit Card Expenses are small part of the “questionable” costs. Expense Accounts also need “Auditing.” Employee “rewards/incentives” need oversight.

19. What Doesn’t the Committee Understand? 12/01/06 Credit Card Charge of $1,316.00 for “Sees Candies.” 11/30/06 Expense Reimbursement of $1,189.65 for “Sees Candies.” 4/12/06 Travel Expense Reimbursement of $40.05 for “Clippers Basketball Game.”

20. Examples of Expenses: 1 st Qtr Birthday Lunch Quarterly Birthday Lunch 3 rd Qtr Staff Luncheon 4 th Quarter Staff Luncheon Holiday Luncheon Xmas Lunch Holiday Dinner –All Illegal and Unethical

21. Committee MUST Understand That: We need a Qualified independent Auditor to look into, not only: –Credit Card Charges. But also, –Travel Reimbursement Charges. –Expense Reimbursement Charges

22. Definition of QUALIFIED: Knowledgeable with expertise in “Forensic” audits. No connection to our current corporate attorney. No connection to PCM So, Where is OUR AUDITOR ?

23. “auditor, 54 !” “Where are YOU ?”

24. Additional Lunches Intern Farewell Lunch New Employee Dept Lunch Employees Farewell Lunch Employees Review Lunch “X” BD Lunch with “A” “B” “C” “D” Lunch to discuss Employee Job Change End of Audit Celebration –All Illegal and Unethical

25. To Take From To Feed His M. J. L W V_illage E M P_loyee The Objective of:

26. The End