fund run by Lewie Ranieri, and on a friendly basis, separated our relationship with Lewie. In 2006 we invested $4 million to purchase one-third of Apes Hill Club, Barbados. South Padre Island proved a success in that we sold approximately 150 houses in 2005, 200 in 2006, 170 in 2007, and in each of these yea

ldlife lifted from our most valuable property. In short, South Padre is like so much in our lives, long-term excellent, short-term a disaster. 2. Apes Hill Club — In January we had no contracts or reservations at Apes Hill. In February we had 6. We have projected 23 sales for the year. The last two weeks of

e fund run by Lewie Ranieri, and on a friendly basis, separated our relationship w=th Lewie. In 2006 we invested $4 million to purchase one-third of Apes Hill Club, Barbados. South Padre Island proved a success in that we sold approximately 150 houses in 2005, 200 in 2=06, 170 in 2007, and in each of these

u=d run by Lewie Ranieri, and on a friendly basis, separated our relationsh=p with Lewie. In 2006 we invested $4 million to purchase=20 one-third of Apes Hill Club, Barbados. South Padre Island proved a success in that we sold approximately 150 houses in 2005, 200 in 2006, 170 in 2007, and in each=of these yea

e fund run by Lewie Ranieri, and on a friendly basis, separate= our relationship with Lewie. In 2006 we invested $4 milli=n to purchase one-third of Apes Hill Club, Barbados. South Padre Island proved a success in that we sold approximately 150 houses in 2005, 200 in 2006, 170 in 2007, and in ea=h of these yea

e fund run by Lewie Ranieri, and on a friendly basis, separated our relationship w=th Lewie. In 2006 we invested $4 million to purchase one-third of Apes Hill Club, Barbados. South Padre Island proved a success in that we sold approximately 150 houses in 2005, 200 in 2=06, 170 in 2007, and in each of these