State of Washington ENTRY OF FINDINGS OF FACT AND CONCLUSIONS OF LAW AND FINAL ORDER TO CEASE AND DESIST AND IMPOSE FINES AS TO MICHAEL PALOMA AND PINE CANYON ENTERPRISES, INC.

Order Number S-05-008-07-SC01 STATEMENT OF CHARGES AND NOTICE OF INTENT TO ENTER AN ORDER TO CEASE AND DESIST, AND NOTICE OF INTENT TO DENY FUTURE REGISTRATION, IMPOSE FINES, AND RECOVER COSTS. IN THE MATTER OF DETERMINING whether there has been a violation of the Securities Act of Washington by: MICHAEL PALOMA; PINE CANYON ENTERPRISES, INC.; KEITH ROBERTSON. STATEMENT OF CHARGES Please take notice that the Securities Administrator of the State of Washington has reason to believe that the Respondents, Michael Paloma; Pine Canyon Enterprises, Inc.; and Keith Robertson have violated the Securities Act of Washington and that their violations justify the entry of an order of the Securities Administrator against each to cease and desist from such violations under RCW 21.20.390, to deny future registration pursuant to RCW 21.20.110(1), to impose fines pursuant to RCW 21.20.395, and to charge costs pursuant to RCW 21.20.390(5). See: http://www.dfi.wa.gov/sd/orders/S-05-008-07-FO01.pdf