FLACARS Summer 04 Newletter

Item #1 –Stock Purchase by Tim & Debbie Martin of Ľ share each.	APPROVED
Item #2 – Convention website (www.repoindustryexpo.com) to be linked to FLACARS.org and publicized.	APPROVED
Item #3 – Accept the resignation of Dan Meeks as Manager of FLACARS Corporation.	APPROVED
Item #4 – Approve the appointment of Debbie Martin as Manager of FLACARS Corporation.	APPROVED
Item #5 – Approve the creation of three advisory level board positions of Assistant Manager(s) of FLACARS Corporation.	APPROVED
Item #6 - Approve the appointment of Dan Meeks as Assistant Manager of FLACARS Corporation.	APPROVED
Item #7 - Approve the appointment of Heather Fredericks as Assistant Manager of FLACARS Corporation.	APPROVED
Item #8 - Approve the appointment of Ed LaCombe as Assistant Manager of FLACARS Corporation.	APPROVED
Item #9 – Approve a four for one stock split of FLACARS Shares. Notice to be sent in writing to all share holders. Effective date 30 days after notice.	APPROVED
Item #10 – Approve standing rule to allow 1/4^th shares of FLACARS Stock to be sold to approved E or EE Licensed Florida Recovery Agents.	FAILED
Item #11 – Approve standing rule that a committee to approve stock purchases on behalf of stock holders be created and handled by assistant managers.	APPROVED
Item #12 – Approve standing rule that stock purchase denials be forwarded to the Chairman, Manager & Secretary for vote of affirmation or reversal.	APPROVED
Item #13 – Approve standing rule that stock purchase denials be forwarded to the stock holders for vote of affirmation or reversal if not reversed by directors.	APPROVED