Golden Valley Development (GVDI)

Golden Valley Development, Incorporated was incorporated in the state of Nevada on July 26, 2004. From the date of incorporation to August of 2004, the Company is a wholly-owned subsidiary of Fresh Veg Broker.com, Inc., a Nevada Corporation. In August 2004, the Company was spun off from Fresh Veg Broker.com, Inc. The business purpose of the spin-off was to separate three distinct, disparate business plans so that different, separate entities could focus on each business plan. The Company is a brokerage firm, which is focused on buying commodities such as fresh fruits and vegetables and hay in California's central valley from local farmers and then selling the products to buyers, such as supermarkets, wholesalers, and other farmers, also located in California. It also operates as a broker for the farmer in negotiating a contract between seller and buyer. The Company's business model begins with various buyers in need of produce, such as supermarkets and wholesalers, who buy on behalf of restaurants, restaurant chains and other large institutions; or in need of hay for animal feed. Its main competitors are Varsity Produce and Manny Lawrence. Currently the Company is not subject to federal agricultural regulations as a broker, but the Company expands into interstate deals it would need to receive a license from the U.S. Department of Agriculture as a 'broker'.