Thrifty Lavanderia Inc.

Thrifty Lavanderia, Inc. was created for the execution of a strategy to acquire, operate and manage coin laundries in Southern California. Thrifty's strategy is to acquire under-performing coin laundries in Hispanic neighborhoods, refurbish them and manage them to generate 30% cash-on-cash returns. Thrifty plans to consolidate approximately 500 stores over the next five years, becoming the largest owner operator of coin laundries in Hispanic neighborhoods in the United States. $10,000,000 12.0% Senior Subordinated Notes with Warrants and 8.0% Redeemable Preferred Stock With Warrants Expansion Financing