Pebble Beach Resort

Ms. Davis had been CFO of Bakersfield Produce & Distributing, in Bakersfield, California, from 1977 until its closure in May, 2002. Bakersfield Produce had revenues exceeding $60,000,000 annually. She supervised its accounting department, reviewed balance sheets and income statements, approved capital expenditures, coordinated with CPAs for audit and tax filings purposes, and negotiated contracts with legal departments. Ms. Davis was responsible for this corporation's fiscal aspects. Ms. Davis had also served as Controller of Andes River Company, LLC, in Bakersfield, California, from 1999 until it ceased operations in December of 2003. She held the fiscal responsibilities of this company, which imported produce from the South American country of Chile and distributed it on the East Coast, with revenues of $40 million annually. Ms. Davis was responsible for its income and balance sheets, accounting department, approved all expenditures and outside business, established credit lines for the company, and coordinated with CPAs for tax returns in three states. Ms. Davis is also currently President of Adavco, Inc., a real estate development company. Ms. Davis has been in that position since co-founding Adavco in 1982, and is the supervisor of accounting for Adavco projects, which include apartment buildings and custom homes. From 1999-2004, Ms. Davis was also Treasurer of Fresh Veg Broker.com, Inc., our former parent company whose business plan, which never was successful, was to create a website where buyers and sellers of produce could do deals with each other online. Ms. Davis is also the sole director of Pebble Beach Enterprises, Inc., which is also a reporting company under The Securities Exchange Act of 1934. She has been its director since July of 2004. As we describe above in our Description of Business section, Pebble Beach was at one time a subsidiary of our former parent, Fresh Veg Broker.com. In that respect, Pebble Beach and Golden Valley were considered "sister" companies until both we and Pebble Beach were spun off from Fresh Veg in 2004. Pebble Beach has a totally different business plan than we do, but Annette Davis serves as director of both companies. She is not an officer of Pebble Beach.

When not writing about cars, appraising them or fixing them, Carl finds himself judging them. He's served as a judge at Pebble Beach, and as head judge at the Kirkland Concours d'Elegance the past two years, and as head judge at numerous Classic Car Club of American National events.