Retail Brokers Network Inc

“Telephone 1,743”

“Bank charges 36”

“Dues subscriptions - Operating expenses 24,390”

“Insurance 510”

“Office and miscellaneous 904”

“Professional fees 1,390”

“Prepaid Subscription Retail LT Beginning of year 0, End of year 6,741”

“Marketing fund liability Beginning of year 11,652, End of year 23,744”

“Convention fund liability Beginning of year 17,165, End of year 24,605”

“Council fund liability Beginning of year 7,605, End of year 8,820”

“Website redesign liability Beginning of year 10,890, End of year 60”

“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 Fort Lee, Denver, New York, Philadelphia, Washington, Phoenix, 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 capital markets, big-box retail tenants, restaurant and regional trends related to Northeast US, Southeast US, Midwest US and West US. The purpose of the calls is to share recent trends and developments and to determine better methods to serve these sectors.”