Retail Brokers Network Inc

“Telephone 3,336”

“Bank charges 42”

“Dues subscriptions - Operating expenses 26,091”

“Insurance 518”

“Licenses and permits 1,188”

“Office and miscellaneous 100”

“Professional fees 1,600”

“PREPAID CONVENTION COSTS Beginning of year 10,914, End of year 0”

“PREPAID SUBSCRIPTION RETAIL LT Beginning of year 2,905, End of year 0”

“MARKETING FUND LIABILITY Beginning of year 0, End of year 8,968”

“CONVENTION FUND LIABILITES Beginning of year 8,157, End of year 39,425”

“MEETINGS The RBN held 12 meetings during the year that were open to all members. The purpose of the meetings is to discuss recent trends and developments in the retail real estate industry. The RBN is constantly looking at the information obtained to determine better ways to educate ourselves and prepare for possible future trends and changes. The meetings were held in New York, Philadelphia, Washington, Baltimore, Phoenix, New Orleans, Charlotte, Atlanta, Orlando, Chicago, Palm Springs and Las Vegas.”

“CONFERENCE CALLS The RBN had approximately 60 conference calls during the year that were open to all members. These calls were related to specific categories of the retail industry. Examples of specific retail categories discussed on the conference calls included real estate investment trust, financial institutions, furniture, big-box retailers, and restaurant. The purpose of these calls is to share recent trends and development and to determine better methods to serve these sectors.”