The document summarizes an Innova Trading Corp sales meeting from June 29, 2007. It discusses 2006 economic trends in the Caribbean, Innova's sales growth from 2001-2006 with their top markets, and year-to-date 2007 sales results which are below plan and down 10% from 2006. The meeting focused on identifying areas for improvement and developing an action plan to drive sales growth, increase market share, and improve profitability through initiatives such as prioritizing sales time, increasing customer contact, and reducing expenses.

1. Innova Trading Corp. Sales Meeting June 29, 2007

2. Index Objective / Synopsis 2006 Caribbean Economic Outlook 2001 - 2006 Sales Growth (Trend) INNOVA Top Markets MAP YTD - 07’ Results / Total / A/E 2007 Sales Plan Action Steps SWOT Analysis Target Markets Key Initiatives Sales Initiatives Sales Time Priority Sales Pipeline Management Conclusion (Bottom Line)

3. Objective Identify - Understand Current Situation Business Plan Results / Trends / Analysis Identify Area’s of Improvement Discuss / Share Action Plan - Initiatives for Growth Success Make it Happen! Take Action!

4. 06’Caribbean Economic Outlook

5. INNOVA Top Ranking MAP 1 3 . Tortola St.Marten 2 4 5 . St.Croix 6. St.Thomas 7-8 9 10

6. 2001- 2006 Sales Growth 07’ - YTD Growth = @ 2006 Total Sales = $1,189,011. For purposes of comparison, we will use 1/3 of year (12 months) = 4 month comparison = $396,337 x avg. 4 months. We use Jan.07-April 07 results = $356,584 divided by 2006 1/3 avg. results = -(10%) negative growth or decrease. 4% 11% 27% 2.6% 10.6% - (10%)

7. Expenses Vs Revenue & Plan 2007’ YTD Results

8. Plan Vs Actual YTD-2007 YTD 86.9%

9. YTD 105% Effective Plan Vs Actual YTD-2007

10. Total: $1,242,686 4.5% Growth vs 06’ 2007 Gross Sales Plan Jan-May YTD 2007’ Plan: $466,322 91% Effective Actual: $425,069

11. Action Steps

12. SWOT Analysis

13. SWOT Analysis

14. SWOT Analysis

15. SWOT Analysis

16. Target Market Hotels / Hospitatlity Marinas Hardware Auto Parts Distributor - Rep. Vs Re-Sale Products Retail (Paper bags, Racks, Display’s, etc.) New Territories > Trinidad / Granada / D.Rep. / PR ?

17. Key Initiatives Increase Sales : Develop Sales Strategy - Plan Increase Customer contact time (80% selling 20% Service) Reduce Non-Sales Activities Explore New Product Distributions / New Target Customers Hotels / Marinas / Auto Parts, etc. Work SMART Reduce Cost / Expenses: Continue to explore cost reduction in Product cost (purchase) Inventory Efficiencies / Reduce inventory day’s Reduce - Liquidate - NON-Selling Products Salary Increases / Bonuses must be aligned with performance RESULTS Mfr. Rep. (Products Dist.) Vs Purchasing (Re-sell) Products / Reduce $ Risk Explore Travel - Expense cost saving’s Search better rates - hotel options Airline travel - Monthly planning - Advanced Purchase savings Breakfast / Lunch mtg. (Target or Top cust.) Vs Dinner Mtg. added expense

18. Sales Initiatives Work SMART Planning & Organization Sales Call planning Territory Management (Targets, etc.) Monthly Planning Protect Top Accounts (80/20) Identify Sales Opportunities (Retention / Penetration / Conversion) Increase Customer Contact time / Selling time Weekly Sales de-briefing Monthly Performance (Results) meeting’s Mirror Technique / Build Rapport

19. Prioritize Sales Time - Efforts < Current Goal > 55% Customer Contact Time Total of which 10% focus on New Account Sales 75% Customer Contact Time Total of which 55% focus on New Account Sales >

21. Bottom Line! Revenue Growth YTD-07’ -(10%) 2007 plan Growth Sales 4.5% Cost if Living Increase Avg. 5.0% Innova Payroll Increase 07’ 12.0% Total Expenses Inc. 13.0% Non-Sales Focus (all resources) 90% INNOVA is in the Business of What? Re- SALE of Hardware Products Make MONEY $$$