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Management of the Company

At the present time, these individuals and one entity are actively involved in the management of the Company. The Managing Member and primary individual Fund Managers are:

Michael Mikelic - (Fund Manager)

Michael Mikelic has over fifteen (20) years of first-hand experience in real estate. Early on, he served as treasurer and board member at Trump Place. In his four years serving as Treasurer, Mr. Mikelic oversaw the financial operation of nearly 300,000 square feet of office, residential, retail, parking, and storage space located at 120 Riverside Boulevard in lower Manhattan. He resigned from this position at the end of 2009 to focus on overseeing the launch and management of King Penguin Opportunity Fund, LLC. Mr. Mikelic completed the CCIM designation from the CCIM Institute in Commercial Real Estate in 2009, and holds a Certificate in Property Management from the New York University Schack Institute of Real Estate. Mr. Mikelic received his Bachelor of Arts in Economics, with a sub-concentration in Accounting from the University of Michigan.

Edward Rivadeneira - (Fund Manager)

Edward Rivadeneira manages and is head of investor relations for a variety of entities affiliated with the Managing Member (namely King Penguin Opportunity Fund, LLC) that, in the aggregate, oversee a variety of real estate investments. Mr. Rivadeneira is also currently a managing director at Martel Capital, LLC. Previously, Mr. Rivadeneira owned and operated Millford Advisors, a registered investment advisory firm, before joining TD Ameritrade, a leading organization that has provided brokerage and investment services for over thirty years. Mr. Rivadeneira has worked for large institutions such as Merrill Lynch & Co, HSBC, and Citibank, providing clients with banking, investing, asset management, and other financial and risk management products throughout his life. He holds his FINRA series 3, 7, 9, 10, 24, 30, 63, 66, and life and health insurance licenses.