King & Sanzinoff , LLC

1. King & Sanzinoff , LLC

2. Content Executive Summary 3 Who Are We? 6 Company Organizational Chart 7 Training, Consulting & Support 8 Market Analysis 10 Market Analysis – Reference 16 Operations Plan 17 Funding 19 Contacting King & Sanzinoff 22 Text Txt

3. Executive Summary

4. King & Sanzinoff , LLC King & Sanzinoff is an accomplished Debt Buyer in a uniquely flourishing industry. By purchasing freshly charged off credit card debts at a significant discount and placing those portfolios with a third party collection company to perform and manage collections, King & Sanzinoff has positioned itself as a business model that produces both strong profit margins and a cash flow that is front loaded, illustrating that any lenders risk is minimized. The purchase and collection of charged off credit card debt is not a new industry and nor is it a small one. There is an oversupply of charged off credit card debt available for purchase that allows a unique business like King & Sanzinoff the availability and diversity to maintain their purchasing desire as an accomplished debt buyer. Our main objection is to help individuals within this economy by removing toxic consumer debt and assisting individuals by resolving their outstanding debts by treating debtors with dignity and respect. This concept provides financial benefits for all partied involved in this unique process.

5. King & Sanzinoff , LLC A Unique Opportunity Strategically, an outsourcing approach with the third party collection agency will allow the company to grow operations much faster and at minimum risk when compared to the challenge of quickly building a collection function. It is important to note that we always has the option to build an internal collection capability, if needed.

6. Who are we?

7. King & Sanzinoff , LLC

8. King & Sanzinoff , LLC Training, Consulting and Support Services King & Sanzinoff has completed Bill Bartmann’sAdvanced Buying Bad Loans Workshop. This intensive program offers intricate hands on training activities and provides the knowledge necessary to develop the business planning, secure financing and begin operations as a debt buyer. This program emphasizes the processes and importance of acquiring the proper type of assets at a price that allows the targeted return. King & Sanzinoff has also hired outside consulting - Phoenix Group. The Phoenix Group provides comprehensive support in a broad range of business activities but most especially in the identification and pricing of potential asset portfolios and in the oversight and guidance of collection activities. The Phoenix Group has helped its clients acquire more than 920 portfolios representing $495 million of face value. Phoenix Group gives Source: Phoenix Group The Phoenix Group is especially valuable for expert advice and guidance. In addition to guidance for portfolio acquisition and the selection and management of collection agencies, the Phoenix Group will assist with regulatory compliance, licensing, reporting and other back office functions.

9. King & Sanzinoff , LLC King & Sanzinoff will have the ability to be a part of several portfolio purchases a month through combining its buying power with its membership within the Phoenix Group.

10. Market Analysis

11. King & Sanzinoff , LLC • The market for the service offered is highly unusual because of the structure of the industry and the business. • There are no “customers” to be marketed to in any traditional sense. • Consumer-debtors are “acquired” when the charged off accounts are purchased. The success of the Company is dependent on the ability to acquire assets at a fraction of the estimated cash recovery value of the asset portfolios. • The average American household is drowning in credit card debt. Only one in six households can pay only the minimum balance due on their credit cards each month. • A $10,000 credit card balance at 18% interest paying only the 1.5% minimum balance due each month will take 32 years to pay off. • The average household is carrying credit card debt in the amount of $10,679. • Banks are continuing to struggle with credit quality and some banks are experiencing extraordinary challenges. The credit card charge off rate for 2010 was 9.35% would represent $76.5 billion of charge offs.

12. King & Sanzinoff , LLC Market Analysis – Information for Thought

13. King & Sanzinoff , LLC Market Analysis – Information for Thought

14. King & Sanzinoff , LLC • Market Analysis – Information for Thought • There is a direct correlation between unemployment and the credit card charge off rate. Credit card charge offs track almost exactly the unemployment rate (as noted in the graph following)Source: Comparison of Statistics from The Federal Reserve Bank and the US Bureau of Labor Statistics • With 8 million jobs lost since December 2007 and the unemployment rate at its highest levels in 26 years; in terms of job losses this has been the worst recession since the end of World War II more than 60 years ago. Not unexpectedly, consumers are reeling and struggling to pay the full balance on their credit card debt.   • Source: Bureau of Labor Statistics/Source: Wall Street Journal • Currently, over 17 million people are out of work and another 8 million are underemployed. Official forecasts call for unemployment to average 9.3% for 2011, 8.6% 2012 and 7.5% in 2013. • Source: Council of Economic Advisers, Economic Report of the President, February 2011

15. King & Sanzinoff , LLC Market Analysis – Information for Thought

16. King & Sanzinoff , LLC Market Analysis Reference Sources • Source: Experian National Score Index Study • The average household is carrying credit card debt in the amount of $10,679. Source: The Nilson Report • In 2006, the volume of charged off credit cards was $31 billion (typical of the preceding 10 year period). In 2007, the volume increased 26% to $39 billion. In 2008, the volume was $53 billion, a 36% increase over the previous year. Charge off volumes in 2009 increased 52% to $81 billion and represented a 161% increase in only four years. Source: Nilson Report and R. K. Hammer & Associates. • Source: National Foundation for Credit Counseling • Source: Creditcards.com survey • Source: Fair Isaac Company • As of February 2011, Citibank reported charge offs at the rate of 11.29%; Bank of America reported 13.51%; JPMorgan Chase reported 9.21%; Capital One reported 10.19%; Discover reported 9.11% and American Express reported 7.4%. Source: R.K. Hammer & Associates. • Bank of America, in addition to having the highest charge off rate of any major bank, almost doubled goodwill impairment for its credit card unit to $20.3 billion to reflect increased defaults. Goodwill is an intangible asset on the bank’s balance sheet representing the premium paid over the market value of MBNA in 2006, then the largest US card issuer. Source: The Charlotte Observer, February 23, 2011. • Source: Federal Reserve Board Statistical Release

17. Operations Plan

18. King & Sanzinoff , LLC • King & Sanzinoff has current registrations with Debt Brokers • Debt Brokers notify King & Sanzinoff when a portfolio is offered for sale • King & Sanzinoff reviews and analyzes the portfolio with the assistance of the Phoenix Group • King & Sanzinoff tenders bid to the Debt Broker via email or fax • Debt Broker notifies King & Sanzinoff of winning bid • King & Sanzinoff executes closing documents and wires funds to Debt Broker • Debt Broker transfers electronic version of the debt file to King & Sanzinoff • King & Sanzinoff forwards electronic version of the debt file to the collection agency • Collection agency loads the new accounts into their system and begins contacting consumers • King & Sanzinoff monitors collection agency results to ensure that collection activities and performance is acceptable • King & Sanzinoff pays collectors contingency fee charged by the third party collection agency • King & Sanzinoff pays investors principal plus interest as agreed

19. Funding

20. King & Sanzinoff , LLC Amount Required King & Sanzinoff is seeking funding in the amount of $100,000. King & Sanzinoff is not asking for a commitment beyond the initial $100,000 and will only seek additional funding after satisfactory performance.

21. King & Sanzinoff , LLC • Type of Financing Sought • King & Sanzinoff is seeking a structured note to be retired at an accelerated pace from the proceeds of collections. • The goal of this financing strategy is to demonstrate to the lender that King & Sanzinoff business model produces both large profit margins and cash flow that is front loaded and thus illustrate that the lender risk is minimized. • Collections proceeds will be distributed under approximately the following formula: • 60% to the lender to pay interest and retire principal • 40% for the contingency fee charged by the third party collection agency and professional consulting fees. • King & Sanzinoff intentionally plans that debt payments will be accelerated as described above. • King & Sanzinoff intends that the outstanding debt be reduced as quickly as possible.

22. Contact Us

23. King & Sanzinoff , LLC Thank you for your consideration and taking the time to read about a business we are excited about. If you have any questions or feedback to offer, please let us know. We are seeking financial support and would like to discuss this opportunity based on your interest level. Should you desire to contact any of our references, please let us know so they will anticipate your call. Our contact information is: Judilee King & Mergen Sanzhinov King & Sanzinoff , LLC 28909 S.E. 226th Street Maple Valley, WA 98038 (206) 395-4438 King.sanzinoff.llc@gmail.com