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VooDoo BBQ & Grill Restaurants Florida Restaurant Franchise Group IV, LLP Miami, Florida Fort Lauderdale, Florida West Palm Beach, Florida Palm Beach Regional Center

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VooDoo BBQ & Grill Restaurants Florida Restaurant Franchise Group IV, LLP

Miami, FloridaFort Lauderdale, Florida

West Palm Beach, Florida Palm Beach Regional Center

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What is the EB-5 Visa Program?

• The EB-5 Visa Program allows foreign investors to obtain their USA Green Card by investing as little as $500,000 USD into a United States business project located in certain targeted employment areas that will create at least 10 permanent American jobs per individual investment.

• As such, the EB-5 Visa Program is the fastest way to obtain permanent residency in the United States

• This is one of the most flexible immigration programs in the world, allowing foreigners to gain permanent United States residency for themselves, their spouse, and any unmarried children under the age of 21, through their EB-5 investment.

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What is the EB-5 Visa Program?

• Created in 1990, the EB-5 program helps thousands of families each year to emigrate to the United States

• This year the USCIS (United States Citizens & Immigration Service) estimates will be the most successful year ever for the EB-5 Investor Visa Program.

• The current EB-5 Regional Center Pilot Program is due to expire on September 30, 2012

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Benefits of the EB-5 Investor visa Program

Quickest Way to Obtain Permanent U.S. Residency for you, your spouse and all unmarried children under the age of 21No Quota Waiting List for the EB-5 ProgramLower Tuition Costs for Students who attend public UniversitiesOption to Live or Work in any part of the United StatesTravel To and From more than 160 Countries without Limitations or Restrictions as a U.S. Resident.No Sponsor NeededNot Required to Speak EnglishNo Minimum Education RequiredNo Direct Management Responsibilities Required

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• After opening the first Voodoo BBQ & Grill Restaurant in New Orleans in 2002 the franchise is now one of the fastest growing “fast casual” restaurant chains in the United States. • There are sixteen (16) operating Voodoo restaurants in Louisiana and South Carolina with new locations set to open this year in Texas, Florida, Mississippi and Alabama.

• There have been development agreements signed to open another 56 locations in 2013 in the states of Texas, Alabama, North Carolina, Virginia, Florida, Maryland, New York and Washington D.C.

• Voodoo BBQ & Grill has been named as one of the Top Franchise Restaurants in 2011 and again in 2012.

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Jack Flechner – President of BBQ Boyz, LLC

The President and Director of Operations, Jack Flechner, is an attorney who graduated from the University of Maryland, School of Law in 1998 and from the Smith School of Business at the University of Maryland, College Park in 1994 with a BS in Marketing. A successful attorney and restaurant owner Mr. Flechner recently developed and operated the fast food concept of Five Guys Burgers and Fries in the greater Miami area. (Five Guys Burger & Fries has been one of the fastest growing restaurant chains in the United States over the last ten years, and currently has approximately 1,200 stores in the United States and Canada). Mr. Flechner’s Five Guys Burger restaurants were consistently recognized as some of the most profitable and best run locations in the entire country. Many Five Guys corporate people as well as other franchisees frequently visited his stores to learn how to run successful high-grossing stores in a challenging environment. In fact, his store located in Miami Beach, Florida was in the top 5 highest-grossing stores in the country. Recently, Mr. Flechner sold his interest in the Five Guys franchise so he could devote his full time and attention to the development of VooDoo BBQ & Grill Restaurants in the State of Florida.

Background VooDoo BBQ & Grill Restaurants

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Tony Avila – Chief Executive Officer, VooDoo BBQ & Grill

Antonio Avila has served as Chief Executive Officer of VooDoo BBQ Franchising, LLC since its inception. After getting his CPA from Louisiana State University Mr. Avila served as Supervising Senior Tax Specialist for KPMG, LLC in Baton Rouge, Louisiana from August 1997 to April 2002. He then served as chief Financial Officer of VooDoo BBQ, LLC in New Orleans, Louisiana until January 2004 and later that same year he became Chief Executive Officer of VOODOO BBQ & GRILL LLC

Since Mr. Avila became CEO in 2004, he has overseen the growth of VooDoo from just two locations to more than fifty six 56 locations currently operating or under development throughout Louisiana, South Carolina, North Carolina, Florida, and Texas, with additional locations to be developed in Washington D.C., Virginia, New York and Maryland in 2012-2013.

Background VooDoo BBQ & Grill Restaurants

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• The Palm Beach Regional Center ; was founded in 2008 and approved by the United States Citizens and Immigration Service to participate in the EB-5 Regional Center Pilot Program.

• Since the approval in September 2008 the Regional Center has successfully developed four (4) other EB-5 offerings in the restaurant industry providing thirty (30) families with permanent residency in the United States.

• Currently EB-5 developments in the Palm Beach Regional Center include :– Sonic Restaurants Fort Lauderdale Beach, Florida– Sonic Restaurants Homestead, Florida– Sonic Restaurants Miami, Florida– Voodoo BBQ & Grill Phase 1 in Miami & Fort Lauderdale, Florida

Background on the Palm Beach Regional Center

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PROJECT SUMMARY

• The project is being presented under the EB-5 Investor Visa program which offers expedited immigration and permanent residency to the United States under the Regional Center Pilot Program of the United States Citizens & Immigration Service (“USCIS”) The project is included in the approved Regional Center known as the Palm Beach Regional Center.

• The Florida Restaurant Franchise Group IV, LLP is the second EB-5 opportunity to for Voodoo BBQ & Grill from the Palm Beach Regional Center.

• This Limited Liability Partnership was established to provide funding for the development of four (4) more “Fast casual” restaurants in the Miami, Fort Lauderdale and West Palm Beach markets of Florida under the national restaurant franchise name of VooDoo BBQ & Grill and will provide funding to establish Florida restaurants 5, 6, 7 and 8.

• The proposed investment offers EB-5 candidates the opportunity to participate in the development of the 2nd group of VooDoo BBQ & Grill restaurants to be developed in Florida during the year 2013 to be located in Miami, Fort Lauderdale and West Palm Beach, Florida. Which is the largest metropolitan market in the State of Florida and the 5th largest market in the United States.

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EB-5 Investment Opportunity

• The VooDoo BBQ & Grill, Phase 2 EB-5 Project will be administered though the Palm Beach Regional Center (“PBRC”) – a USCIS approved and federally designated Regional Center.

• The current project will develop four (4) restaurant locations in Palm Beach, Fort Lauderdale and Miami, Florida.

• All four locations of VooDoo BBQ & Grill restaurants have been certified and designated as being located in a “TEA” zone, therefore qualifying for the $500,000 investment requirement.

• The proposed job creation has been established by noted economist, Michael Evans, Evan Carroll and Associates, Inc and has been reviewed and approved by USCIS.

• The purpose of the EB5 investment is to fund the construction and operation of four (4) Voodoo BBQ & Grill Restaurants to be located in the largest metro area of Florida.

• Investment will be in the form of a loan made by the EB-5 Limited Partnership alongside cash and equity from the owners. The restaurant Operator/Developer is pre-funding all development and leasing costs to deliver an “on time” opening of the four restaurant locations and will manage all daily business operations.

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The EB-5 Investment Summary

Current Project Valuation $6,500,000 USD

Total EB-5 Capital $5,000,000 USD

Developer Contribution $1,500,000 USD

EB-5 Investment Requirement $ 500,000 USD (State verified TEA)

Regional Center Administrative Fee

$55,000 USD (including legal fees)

Number of EB5 Investors 10

Total Jobs Required 100

Total Jobs Created 147 (verified by a noted economist)

Annual Interest Rate Paid to EB-5 Investors

2% (per year distributed every 6 months)

Escrow of Funds: All investment funds and Administrative Fee are held in a third party escrow account and are fully refundable if the petition is denied by USCIS.

Collateral for EB-5 investors: All four (4) locations are being partially funded by the EB-5 investors are clear of any mortgages or debt. Participants are provided a full mortgage on all assets of the business which entitles them to full security through all cash flow and assets of the business.

About the Borrower: All Voodoo BBQ & Grill Restaurants in the State of Florida are owned and operated by the BBQ Boyz, LLC development group which holds the exclusive development rights for Voodoo BBQ Restaurants in the State of Florida.

About the Business: The VooDoo BBQ franchise has been nationally recognized with multiple food awards and is one of the largest national BBQ Restaurant franchises in the United States

About the Regional Center : The Palm Beach Regional Center (“PBRC” ) is fully approved as an EB-5 Regional Center and Federally designated by the United States Citizens & Immigration Service (“USCIS”) in September 2008 with a 100% success rate on all previous EB-5 applications.

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•The Palm Beach Regional Center (“PBRC”) is fully approved and has a 100% success rate on all EB-5 petitions that have been submitted on previous projects.

•The EB-5 applicants are provided a FULL REFUND in the event their application is denied by USCIS. •The project has been confirmed by the State of Florida to be located in a certified TEA Zone/ USCIS approved & designated Regional Center and qualifies for the $500,000 investment amount.

•Project will create 75% more jobs than required for green card approval with creation of 175 full time jobs or 17.5 jobs per investor.

•Unlike many other EB-5 projects, the development and operational costs of establishing the business are not dependent upon the EB-5 Investors and the approval of the I-526 applications. The business is currently being developed and all EB-5 applications can be submitted to USCIS immediately.

• VooDoo BBQ is a regional restaurant franchise with operations and licenses in six (6) states for fifty six (56) locations.

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• Experienced and successful development and operations team with over 11 years of success in various national franchise operations and proven track record of success.

•EB-5 Investors protected with only mortgage or lien against all assets of each restaurant location with no other debt on the property or equipment.

•Loan based project with annual net return paid to investors of 2% per year, distributed every 6 months.

•EB-5 funds are approximately 75% of the total project development costs.

•Clearly defined exit strategy to pay the EB-5 investor back in less than 5 years from the approval of the conditional green card.

•Documented demand for “fast casual” dining business within the Miami & Fort Lauderdale metropolitan area which is one of the largest metro areas in the United States, providing for stable business operations and maximum profitability.

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About The Locations

• Miami-Dade, Broward and Palm Beach counties make up the largest urban areas in Florida with a total population of more than 7.5 Million people.

• Tourism and trade are the two largest driving economic forces in this market with more than 25 million tourists visiting the area each year.

• South Florida provides many excellent opportunities for a retailer due to its’ many commercial and shopping areas.

• Due to its’ tremendous tourism, the South Florida retail footprint is even more impressive than the population numbers alone would suggest. In fact, many people from Europe and South America come to Miami and the surrounding areas simply to shop for several days and then go back to their native country. Obviously eating goes hand in hand with such shopping excursions.

• With significant decrease in value of commercial real estate since 2005 there are significant opportunities for the development team to take advantage of low prices for restaurant locations which adds to profit.

• In summary, South Florida offers tremendous opportunities for a company poised for tremendous growth in the retail sector.