1st & 10 Properties, Corp.

SARASOTA/BRADENTON, Florida, Nov. 9/PRNewswire-FirstCall/1st & 10 Properties, Corp.. announced today that Worldwide Financial Solutions, Inc has been retained as it's Consultant/Advisor and will assist the newly formed company in it's efforts to raise capital and file for their NASD ticker symbol.

Worldwide Financial Solutions, Inc's (WFS) President, Mr. Doug Fleck and his management staff have over 50 years of combined experience in the public market place including a successful track record in the Over The Counter Market. This provides WFS with the knowledge and the necessary experience to properly handle the many obstacles and unique needs of newer companies. With offices in South Florida and the Midwest, WFS has broad access to the diverse group of investors and businesses that look to assist and grow with companies such as 1st & 10.

"We are very pleased to have Mr. Fleck and his WFS team join our consulting team. His extensive financial and investment banking experience will be valuable in our effort to form the new entity's capital structure and to list on a public market" commented 1st & 10's Chief Executive Officer Joseph Kandel. "This is a major milestone in the development of the company's public structure. I am glad to be a part of Mr. Kandel's growing and aggressive management team" stated Mr. Fleck. Concurrently, 1st & 10 has signed three Letters of Intent to purchase a commercial 8-office building in Sarasota, Florida for $1.2 million, 8-unit apartment building in Chesterfield, Missouri for $780,000 and an ocean-view vacation property in Huntington Beach, California for $1.2 million. *************************************************************** The National Real Estate market has slowed, as it has in Southwest Florida, but Sarasota is bucking the national trend. The demand for warm weather, palm trees, beaches, the casual tropical lifestyle and cultural activities will always be popular. (Please refer to the Resources page for the latest articles and statistics regarding the Sarasota market.)

      Myself and my investor clients have been taking a different approach and are still making great returns on our investments. Pre-construction is still very desirable as a way to invest at the earliest pricing, but as investors from the last 2 years are dropping their prices, many times below builder pricing, investors are jumping in and buying units in large inventory groups at the below market pricing for a 3-4 year hold while covering 80-90% or more of their outgoing costs, depending on their downpayments. With higher inventory's, builders are bargaining like never before offering 30-40% price reductions and upgrade packages to move their homes. And thanks to short sales, drastically reduced resales are more plentiful offering tremendous buying opportunities. Short sales are our largest target for purchasing as lenders look to reduce their portfolio of residential real estate.