next week              - maybe some time in the future

early next week         - sometime the week after next at the earliest

45 days after the end   - next year
of the quarter

third quarter this year - next year

registered in all       - we are sending applications next week
50 states                (See definition of next week above)

next year              - who knows when in the future

Vice President of       - someone preparing to leave the
Investor Relations        company shortly

fully acquired          - may have an arrangement with

wholly owned            - have an agreement with

exclusive marketing      - we paid a fee to say
agreement                 we did for a month

audited financials      - pro forma projections

file with the SEC       - post on our web site

build 6000 homes        - build maybe two model
                        homes sometime next year

years of experience      - maybe two years experience
in the industry

negotiating to provide   - we don't have $6M, we
$6M in development money   are just pretending 

government guaranteed    - a program whereby PABN/PRWT will throw
loans                    a beer party in a tent and have their pictures
                        taken with government officials