Real Estate Phase Two

Market Conditions

Step 1 - Initiation of a Purchase

The qualified purchaser will submit his name, postal address, telephone and facsimile numbers, and email address; together with information about his preferred condominium apartment and acceptable alternatives, via facsimile or email. We ask the purchaser to use email only then, if he knows how to protect his privacy. The way the purchaser would contact us will be the preferred communication way between CWC LLC and the purchaser.

Purchaser’s request creates purchaser's ID on our listing (“Purchasers’ Lists”). Purchaser must be able to pay the Initiation Fee in order to validate his ID on Purchasers' List immediately, and he will be required to pay after the trading and legal processing period at Effective Date the Option Fee of $35,000 for the termination option over 730 days, and the Building Deposit of $15,000. We ask the potential purchaser NOT to request an ID if he expects difficulties to fulfill these conditions.

We charge an Initiation Fee of $9,500. The purchaser will mail a bank check to our real estate lawyer. The beneficiary is CWC LLC Real Estate.

Mailing Address:
CWC LLC Real Estate
c/o Mr. Reinhard von Hennigs
Byrne, Davis & Hicks LP
212 South Tryon Street
The Johnston Building, Suite 325
Charlotte, NC 28203

If the check arrives, we will submit to the purchaser information with a download link and download instructions, and the purchaser may download the Package. The Package will include

(i)                  The formalized Offer to Purchase and Contract,

(ii)                A Brochure with descriptions of all real estate units available and purchaser's options in Phase Three,

(iii)               A Trading License with the Trading Regulations;

(iv)             A link to our due diligence page;

(v)              The Declaration of the Planned Community of the Canton Wintersports Center; and

(vi)             The master Declaration of Condominium.

In case that no check would arrive for a purchaser's ID during the following 5 business days after we received the contact data, we will open the ID for another purchaser.

Cashing the check will validate purchaser's ID on the Purchasers' List.

Step 2 - Purchasing Process

We will wait for 10 subsequent business days after submitting of the download link. In this time, the purchaser may revoke the purchase, and CWC LLC will refund the Initiation Fee. After 10 subsequent business days, we will assume that the purchaser would close a deal as soon as possible; and we will send to the purchaser his individual password, which he may use to identify himself if he suspects a misuse of his Trading License.

The initiation fee would be refunded in the closing balance.

We will accept in Phase Two 567 checks for condominium apartments, and 227 checks for commercial real estate units.

If we would receive more checks than planned units, then we will notify the purchaser. At purchaser's request, we would return the check, or we would move purchaser's name into Phase Two or Phase Three, and the purchaser may trade for his desired condominium; however, the pricing in future condominiums will be adjusted to future market conditions.

Step 3 - Trading

The purchaser may trade his ID using our sales department as a market.

We will charge 10% of any trade value as transaction fee. The payment of the transaction fee will legalize the trade contract, change the price in the Purchasers' List, and disclose the real names and addresses of the trading purchasers to each other.

If a purchaser does not want to trade, he simply may ignore the bids.

The trading period in any particular subdivision starts with reception of the trading license and a priced Purchasers' List. Subdivisions without initial pricing do not trade.

The trading period ends at Effective Date of the Offer to Purchase and Contract, which will remove the ID from the Purchasers' List.

Termination

The sales department of CWC LLC performs a due diligence. That includes address and telephone verification, and compliance with obligations according to the Offer to Purchase and Contract. In case of a failing due diligence, the purchaser would lose his ID. The initiation fee and/or the Trader's License fee would be forfeited.

If the purchaser would terminate his ID and Trading License after the revocation period, then the Initiation Fee would be forfeited.

Trades after Effective Date

CWC LLC does not intend to regulate or interfere in trades of individual purchasers after Effective Date; however, we would support such trades conducted in the manner above at purchaser's request.

Privacy Statement:

For privacy and security reasons,

We do not

(i)                  Store any personal data or emails of our clients on our hosts with web access for longer than 5 minutes;

(ii)                Operate interactive WebPages;

(iii)               Send or receive executable files;

(iv)             Employ email clients and browser software with known security problems;

(v)              Employ any software for administration of client's data with known security problems on computers with web access;

(vi)             Trade personal data.

We do

(i)                  Archive personal data and emails of our clients on secure hosts without web access in UNIX based files;

(ii)                Delete all information exceeding item (i) on our hosts with web access immediately after reception.

Disclaimer:

The SEC might look at purchase of more than one unit as of a purchase of securities. CWC LLC is no securities issuer/broker/dealer, and will allow the qualified purchaser to buy as much units as he wants; however, any purchase in a single condominium will be handled and delivered as a single custom unit, and will create a single indivisible vote in the future Home Owner's Association/Commercial Community.

All information about later real estate sales in the Canton Wintersports Center except Condominium at Holland View is subject to change without notice; however, we will update our website, reflecting planning and construction progress.

International Purchasers:

The purchase of a vacation property in the U.S. and its use as an investment (rental income etc) may create an individual tax record with the IRS independent from bilateral tax treaties between the U.S. and third countries. For details, please ask your tax adviser.