Richardson Ranch, Stewarts Point

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0 height="100%"><tr> <td valign="top" width=100 BGCOLOR="#FFCC66" TEXT="#080000" background="044d2b03.jpg"> <div> <I><B>Leading Edge Properties, Inc</B></I><FONT SIZE="2" COLOR="#000000" FACE="Arial" ><IMG SRC="0b864460.jpg" border=0 width="100" height="70" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></FONT></div> </td> <td valign="top" BGCOLOR="#FFFFCC" TEXT="#080000"> <div> <I><B>Richardson Ranch, Stewarts Point </B></I></div> <div> <I><B><IMG SRC="33058c20.jpg" border=0 width="600" height="450" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></I></div> <div> <I><B><IMG SRC="33258840.jpg" border=0 width="600" height="900" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></I></div> <div> <I><B><IMG SRC="29e58900.jpg" border=0 width="600" height="400" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></I></div> <div> <I><B>West view from original ranch compound.  Redwood</B></I></div> <div> <I><B>forest and Pacific Ocean in distance.</B></I></div> <bR> <div> <I><B><IMG SRC="2a058900.jpg" border=0 width="600" height="400" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></I></div> <div> <I><B>South fork of Gualala River.</B></I></div> <bR> <div> <I><B><IMG SRC="2e158900.jpg" border=0 width="600" height="400" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></I></div> <div> <I><B>Open pasture area on the eastern portion of the ranch.</B></I></div> <bR> <div> <I><B><IMG SRC="31858900.jpg" border=0 width="600" height="400" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></I></div> <div> <I><B>View of pastures and ocean frontage</B></I></div> <bR> </td> </tr></table></body>