Jul 3rd 2007, 11:49 ZEN Zhenya Zoning Real Estate
by Zaldar Rhode

ZEN Shareholder Meeting Transcript

[9:55] Annabis Moody: hi
[9:56] Kaddan Yue: hello
[9:56] Annabis Moody: welcome
[9:56] You: Hello
[9:56] Leesil Carfagno: hi
[9:57] Kaddan Yue: ty hon
[9:57] You: np
[9:58] You: Soo
[9:59] You: Have either of you been to the sim to check it out?
[9:59] Leesil Carfagno: I just looked around a little at the other TP site
[9:59] You: Ahh good
[10:00] You: any thoughts on the sim?
[10:00] Leesil Carfagno: not yet, I'll look around a lot more after the meeting
[10:01] Annabis Moody: i can give you a tour if you'd like
[10:02] Kaddan Yue: where are you from Zaldar
[10:02] You: We'll give everyone a few more minutes to get here.
[10:02] You: I am from Philadelphia Pennsylvania
[10:03] Kaddan Yue: I asked because this is an early meeting, im in New York
[10:03] Kaddan Yue: and off from work
[10:03] Leesil Carfagno: I'm at work but there isn't much going on
[10:03] Kaddan Yue: or I would never be able to make a shareholders meeting
[10:03] You: yes I know This was the only time I could get a meeting in for this week.
[10:03] Kaddan Yue: ah okay
[10:04] Annabis Moody: we're glad you were able to join us
[10:04] You: Our next meeting I will hold in the middle of the month and it will be later in the day for everyone
[10:04] Kaddan Yue: that would be great
[10:04] You: yeah I had a feeling this time may leave everything a bit sparse
[10:05] You: So do either of you have any questions about ZEN right now?
[10:06] Kaddan Yue: no not really, im just a bit concern that it is not moving like I thought it would, no fault of your own
[10:06] Annabis Moody: the momentum is starting
[10:06] You: Hello San
[10:07] San Liadis: hi Zaldar
[10:07] You: grab a seat
[10:07] Annabis Moody: welcome
[10:07] San Liadis: thanks Annabis
[10:07] Annabis Moody: sure : )
[10:08] You: Well in only 2 weeks we have sold over half the sim. and only have a little under a 1/4 of the sim left to sell
[10:09] You: our monthly income is only 40$ under the 295$ monthly fee for the sim
[10:09] You: and We just completed the Tamaqua Mall
[10:09] Kaddan Yue: good
[10:10] You: There is also a club being built by one of the owners which will also bring in many more probably customers
[10:10] Kaddan Yue: yes i saw it
[10:10] Annabis Moody: we are creating a newsletter to help residents cross-market their efforts
[10:10] Kaddan Yue: nice name
[10:11] You: yep
[10:11] Annabis Moody: and are developing online satisfaction surveys to incorporate the diverse interests of residents
[10:11] You: All shares are currently secured up to .01 cents and after the security deposit is returned we will be up to .02
[10:12] Kaddan Yue: okay
[10:12] Annabis Moody: feedback so far has been very good and word of mouth is spreading
[10:12] You: The security is only used to public held stock
[10:13] You: for*
[10:14] Salvador Alexandre is Offline
[10:14] Annabis Moody: hi paci, welcome
[10:14] You: The Casino is looking to purchase more land for prims and is probably looking to buy an additional 3072, this will bring us to only 15$ within our 295$
[10:14] Paci Barbarossa: hello
[10:14] Annabis Moody: please have a seat
[10:15] Kaddan Yue: very good
[10:16] You: If we get the first floor of the mall filled we will be in very good shape. I already have 2 interested in moving in
[10:16] You: after only finishing it last night
[10:17] You: So are there any questions or input that any of you would like to say? Please do because it is very important to us to hear your thoughts, questions, and ideas
[10:18] San Liadis: so farsounds good
[10:18] Kaddan Yue: well you have answered my concerns
[10:18] San Liadis: what will be the plans after the sim is complete filled
[10:20] You: Once filled we may do a secondary offer to open a second sim. This sim will be place next to Tamaqua. It will be a rural sim. The rural sim has 1/4 on hold by one person who may also want to expand to 1/2 the sim
[10:20] San Liadis: ok
[10:21] Annabis Moody: we will also keep Tamaqua upfront in the public eye with advertising efforts and superior customer service
[10:22] You: Please know though that any secodary offer made will be done to minimize dillution of the shares
[10:22] San Liadis: yes that is concerning me
[10:22] Annabis Moody: ROI is crucial
[10:22] Leesil Carfagno: Can you describe the current marketing efforts?
[10:24] You: Currently our main goal was and still is to get this sim to the 295$/month fee from the tier perspective. We used a tactic in keeping the pricing of the land low at only 7.5L/sqm which would cover the cost of the sim
[10:24] Annabis Moody: we have built a database which will be used to inform residents of special events, elicit feedback, encourage referrals and distribute the Tamaqua Times, a newsletter useful to cross market and solidify neighbor relations, encouraging growth
[10:24] You: the low price brings in those who can afford the higher tier but not usually the high priced purchase price
[10:25] You: Did that answer your questions Leesil?
[10:26] Kaddan Yue: what is the current tier payment on 3028 squar meters of land
[10:26] You: 3028?
[10:26] Kaddan Yue: meter
[10:26] You: umm one second let me check
[10:27] Kaddan Yue: that is important for if I was to use word of mouth
[10:27] You: 21.50
[10:27] Kaddan Yue: that is a very decent price actually
[10:28] You: all residents currently get 10% prim bonus as well
[10:28] Annabis Moody: it is a solid value
[10:28] Kaddan Yue: okay very nice
[10:28] You: Hello Savvy please take a seat
[10:29] You: All residents of Tamaqua are never left in the dust after purchasing land from us. We offer them help at any time they ask and try to fix any problems as soon as we can
[10:30] Kaddan Yue: how many do you staff right now
[10:30] Annabis Moody: our team of associates is extremely responsive
[10:30] Annabis Moody: training efforts are underway to maximize their efficiency as well
[10:31] You: We have 6 currently
[10:31] Kaddan Yue: k
[10:31] You: 4 associates and 2 builders
[10:31] Annabis Moody: brainstorming is encouraged and our dialogue with each other is dynamic
[10:31] Annabis Moody: and continuous
[10:31] You: All associates are paid on a commission basis
[10:31] You: and the builders are paid on a per build basis
[10:32] You: Any other questions?
[10:32] Kaddan Yue: not for me
[10:32] San Liadis: no
[10:33] Leesil Carfagno: Will the meeting notes be available on AVIX?
[10:33] You: yes
[10:33] You: There will be a transcript of the entire conversation
[10:33] Annabis Moody: We're so pleased you could all join us today. Please feel free to contact us with any concerns or questions you may have at any time.
[10:34] San Liadis: thanksfor the info
[10:34] San Liadis: have a nice day all
[10:34] You: yes no problem. Please feel free to use the teleport to my left to look around the Tamaqua sim
[10:34] You: and thank you all for coming
[10:35] Leesil Carfagno: thank you.
[10:35] You: thank you too