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The following is an excerpt from a 10KSB SEC Filing, filed by GREEN MACHINE DEVELOPMENT CORP on 7/1/2003.
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GREEN MACHINE DEVELOPMENT CORP - 10KSB - 20030701 - DIRECTORS_AND_OFFICERS

ITEM 9 DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL

PERSONS; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT

The Directors and Executive Officers of the Company are as follows:

NAME                    AGE   POSITION                   YEAR ELECTED

June-Ann Fox             55     Director, President              1999
James L. Schmidt II      46                                      2001
Jerome Sanzone           67                                      2001

JUNE-ANN FOX, President/Director, is a licensed Florida Real Estate Broker specializing in waterfront and beach area properties. Ms. Fox has been associated with RE/MAX in Delray Beach and Boca Raton, Florida for over 8 years. She was elected to serve as a Director to the South Palm Beach County Realtor Association in 1998, after having serviced as Chairperson for the Association's Grievance and Ethics Committee for 2 years, she currently serves on the countywide Professional Standards Committee. During her real estate career, Ms. Fox has earned her Graduate Real Estate Institute Award, Certified Residential Specialist and has been named, Realtor Associate of the Year, along with several production awards.

Prior to entering the Real Estate profession, Ms. Fox operated a private consulting firm in Ohio where she worked with small to medium cities carrying out their personnel, governmental and labor relations responsibilities.

JAMES L. SCHMIDT II, Director/Secretary-Treasurer, was graduated from Florida State University, School of Law with a Juris Doctorate Degree and was admitted to the Florida Bar in 1982. Mr. Schmidt clerked for several Circuit Court Judges, then joined the Sarasota Florida State's Attorney's Office. Two years later he became a defense trial attorney at the Sarasota Office of the Public Defender and at the same time he started his private practice. Jim maintained his Sarasota office for 13 years specializing in Business, Estate and Financial Planning.

Mr. Schmidt is recognized as an expert in structured financial transactions and frequently is asked to speak before Bar Associations and International Business and Finance Organizations. He is presently of Counsel for several international firms and acts as a Global Consultant for the largest CPA, Insurance and Securities companies, developing specialized pension and group benefits and reassurance programs

Jim has represented developer clients, negotiated with State and national agencies for housing and commercial projects, in the U.S.,

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Mexico, Ireland and presently Panama. He spent several years as a youth in Panama, speaks fluent Spanish and has a continued business relationship with a top law firm in Panama City.

JEROME SANZONE, Director/Vice President, was educated at New York City College and received an ABS in Construction Technology before joining the U.S. Army Corp of Engineers and was then Honorable discharged in 1958.

In 1960 Mr. Sanzone became a highway designer and estimator for Dade County, Florida. Two years later Jerry began a 24 year management career in the private sector for several of the largest supply companies, the American Plywood Association and culminating as a Director of Primary Housing with General Development Corp., of Miami.

After four years as a self employed General Contractor and Construction Consultant, he began a second career when he was appointed the Assistant Building Official for the City of Pompano Beach, Florida. In 1986 Jerry became the Chief Building Official at the City of Oakland Park, Florida; three years later the City of Delray Beach appointed him the Chief Building Official. Recently, Pompano Beach brought Jerry back as the Director of their Building Department since the city was experiencing a rapid expansion of hi-rise buildings and technological improvements.

Mr. Sanzone is a member of several Building and Construction groups and the Building Officials Association of Florida. He is certified by the State as an Inspector and Administrator in all disciplines and as a Chief Structural Inspector and Plans Examiner by the South Florida Building Officials. In his spare time Jerry has served on a dozen licensing, advisory and appeals/adjustment Boards and on a variety of code committees. He is fluent in Italian, Spanish, Japanese and Latin.

ITEM 10 EXECUTIVE COMPENSATION

ANNUAL COMPENSATION

The Company did not authorize compensation or options for the next fiscal year.

NAME AND POSITION                  FISCAL    SALARY    BONUS     OTHER
                                    YEAR                         COMP.
June-Ann Fox, President             2002      $ -0-      -         -0-
James L. Schmidt II, Secretary/
  Treasurer                         2002      $ -0-      -         -0-
Jerome Sanzone, Vice President      2002      $ -0-      -         -0-

                           COMMON STOCK OPTIONS

                           YEAR    # OF SHARES   PRICE/SHARE  EXERCISED
June-Ann Fox               2002      100,000         $1.50       None
James L. Schmidt II        2002      100,000         $1.50       None
Jerome Sanzone             2002      100,000         $1.50       None

There is no current cash compensation plan for Directors/Officers in The Company authorized a two year stock purchase option as compensation to it's Directors and expects to continue to provide stock options as part of a new compensation package when funds are available for cash compensation.

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ITEM 11 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNER AND MANAGEMENT

The Company is not aware of any instances where an Officer/Director Is the beneficial owner of additional securities other than those listed on the Shareholder's list.

ITEM 12 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Green Machine Management, Ltd., a Bahamian I.B.C., a shareholder, and it's Administrator, George B. Liddy, provide financial consulting services to the Company. The Bahamian Company has also provided substantial loans to the Company and holds several unsecured notes. Mr. Liddy is the father of Geoffrey D. Liddy, the majority shareholder of the Company.

PART IV EXHIBITS

INDEX

EXHIBIT 1       CORPORATE RESOLUTION FOR CONTRIBUTION TO CAPITAL BY GREEN
                MACHINE MANAGEMENT, CORP. TO THE COMPANY

EXHIBIT 2       CORPORATE RESOLUTION AUTHORIZING NAME CHANGE, REGISTERED
                AGENT AND DIRECTORS

EXHIBIT 3       RESOLUTION, MAY 18, 2000, FOR THE EXCHANGE OF COMPANY STOCK
                FOR ALL THE OUTSTANDING SHARES OF THE SUBSIDIARY MERCARD
                CREDIT SERVICES, CORP

EXHIBIT 4       RESOLUTION, JUNE 24, 2000, AUTHORIZING DIVIDEND
                DISTRIBUTION; SPINOFF OF SUBSIDIARY GREEN MACHINE MANAGEMENT,
                CORP.

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EXHIBIT 1 CORPORATE RESOLUTION FOR CONTRIBUTION TO CAPITAL BY

GREEN MACHINE, CORP., TO THE COMPANY

I, Geoffrey D. Liddy, the undersigned sole shareholder of Green machine management Corp. (GMMC), a Florida Corporation, hereby contribute 1,000,000 common shares, all the issued and outstanding stock of GMMC to Viva Golf Manufacturing, Inc. (VGMI) of which I am the majority shareholder.

Certificate number 1 issued June 24, 1994, is executed and hereby contributed and conveyed as a part of this agreement. GMMC and its real estate assets will become a wholly owned subsidiary of VGMI and will complete its audited financial statements for the fiscal year ending 05/31/1999.

IN WITNESS WHEREOF, the undersigned to contribute to VGMI capital, as of June 17,, 1999.

Green Machine Management, Corp.

/S/
Geoffry D. Liddy

The above shares are hereby accepted by VGMI;

/S/
June-Ann Fox, Secretary, VGMI

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EXHIBIT 2 CORPORATE RESOLUTION AUTHORIZING NAME CHANGE, REGISTERED

AGENT AND DIRECTORS.

GREEN MACHINE MANAGEMENT, CORP.
CORPORATE RESOLUTION

I hereby certify that at a meeting duly called by the Board of Directors of Green Machine Management, Corp. (GMMC), a Florida corporation, held on the 17th day of June, 1999, at which meeting the holders of a majority of the outstanding shares were present and acting throughout, the following resolution was adopted and ever since has been and is now in full force and effect:

WHEREAS; on October 29, 1998 Green Machine Management, Ltd., (GMML), a Bahamian I.B.C., paid $155,000 and executed a 504D subscription for 155,000 shares of common stock, which was accepted by GMMC, on the same date, and

WHEREAS; GMMC anticipated several subscriptions by other investors in an attempt to raise $1 million which never occurred, and

WHEREAS; on the same date hereof, Green Machine Management, Corp. (GMMC) became acquired by Viva Golf Manufacturing, Inc. (VGMI) through a contribution to capital, by a common shareholder of all of the issued and outstanding shares and VGMI elected to change it's name to Green Machine Development, Corp. (GMDC).

NOW THEREFORE BE IT RESOLVED that VGMI hereby rescinds the 504D subscription and stock certificate for 155,000 shares of common stock issued to Green Machine Management, Ltd., a Bahamian I.B.C. (GMML).

FURTHERMORE; the parties agree to the cancellation of said subscription and stock certificate and further agree that the payment of $155,000 will be added to the loan account, $253,440, was the balance as of May 31, 1999. Additionally, GMML deposited $39,385 into a subscription account in anticipation of the issuance of additional stock and it is further agrees that this amount will also be added to the loan account making a grand total of $447,825 due to GMML as of this date.

/S/
Green Machine Development, Corp.
June-Ann Fox, President/Director

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EXHIBIT 3       RESOLUTION, MAY 18, 2000 FOR THE EXCHANGE OF COMPANY
                STOCK FOR ALL OUTSTANDING SHARES OF THE SUBSIDIARY
                MERCARD CREDIT SERVICES, CORPORATION.

GREEN MACHINE DEVELOPMENT, CORP.CORPORATE RESOLUTION

I hereby certify that at a meeting duly called by the Board of Directors of Green Machine Development, Corp. (GMDC), a Florida corporation, held on the 13th day of June, 2000, at which meeting the holders of a majority of the outstanding shares were present and acting throughout, the following resolution was adopted and ever since has been and is now in full force and effect:

WHEREAS; Green Machine Management, Ltd., a Bahamian IBC, (GMMLtd) has advanced over $512,242 to the Companies over the past several years and interest of over $44,900 has accrued, in accordance with the audited Financial Statement FYE 03/31/2000, and,

WHEREAS; the Company previously agreed to give a mortgage as collateral for the unsecured loans and pay the total balance by June 16, 2000,and,

WHEREAS; it appears that the Company will not be financially in a position to make a full payment and the Company offered to issue one million shares to GMMLtd for a subscription of $567,142 by Resolution dated May 18, 2000, and,

WHEREAS; the property that was to be mortgaged is now divided into two building lots and title to Parcel "A" of Lots 15/16, Block 6, Hudson Avenue, Ocean Ridge, Florida is vested in Mercard Credit Services, and,

WHEREAS; GMMLtd has agreed to the subscription for the amount of $567,142 and the parties now agreed to the exchange of the 1 million shares of common stock issued to GMMLtd for the subscription of $567,142 in exchange for the 1 million common shares the Company holds in the subsidiary Mercard Credit Services, Inc., which is all of the issued and outstanding stock of the subsidiary, and,

NOW THERFORE BE IT RESOLVED that the Company is authorized to exchange the one million shares issued to GMMLtd for all of the outstanding stock and corporate books of Mercard Credit Services, Inc.

___________________________             /S/
Date                                    Green Machine Development, Corp.
                                        June-Ann Fox, President/Director

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EXHIBIT 4 RESOLUTION, JUNE 24, 2000, AUTHORIZING DIVIDEND
DISTRIBUTION; SPINOFF OF SUBSIDIARY GREEN MACHINE
MANAGEMENT CORP.

GREEN MACHINE DEVELOPMENT, CORP.

CORPORATE RESOLUTION

I hereby certify that at a meeting duly called by the Board of Directors of Green Machine Development, Corp. (GMDC), a Florida corporation, held on the 24 day of June, 2000, at which meeting the holders of a majority of the outstanding shares were present and acting throughout, the following resolution was adopted and ever since has been and is now in full force and effect:

WHEREAS: Green Machine Management, Corporation, a Florida corporation (GMMC), is a wholly owned subsidiary of the Company since June 17, 1999, when a common shareholder contributed to capital 1 million common shares, all of the issued and outstanding stock, and,

WHEREAS: GMMC had title to a large lot on the Intracoastal Waterway
(ICW) in Ocean Ridge, Florida and to another parcel containing two (2)
triplex lots in Delray Beach, Florida, and,

WHEREAS: GMMC carried shareholder loans which were assumed by the Company and were satisfied through a million share stock subscription by the holder of the shareholder loans and then the exchange of that 1 million shares for the 1 million shares outstanding in Mercard Credit Services, Inc., formerly another subsidiary of the Company, and,

WHEREAS: this Company will pursue the development of luxury residences in Ocean Ridge and other real estate interests and hereby declares the spinoff of GMMC through a 1 for 10 stock dividend to the present shareholder of this Company; the holders as of June 30, 2000 will receive 1 new common share of GMMC for each 10 common shares held, and

WHEREAS: GMMC will retain title to the (2) triplex lots in Delray, subject to a $25,000 mortgage, plus accrued interest and taxes, and,

NOW THEREFORE BE IT RESOLVED that the Company is authorized to execute all documents necessary to complete the spinoff of GMMC for the common stock dividend of 1 new common share of GMMC for each 5 held as of June 30, 2000 and return the 1 million share certificate to the contributing Stockholder.

_______________________________________ /S/
Date                                    Green Machine Development, Corp.
                                        June-Ann Fox, President/Director

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ITEM 6. Resignation of Directors

James T. Martin, effective 09/21/2001
John J. Brehm, effective 09/21/2001

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this amendment to be signed on its behalf by the undersigned, thereunto duly authorized.

Green Machine Development, Corp.

/S/
September 25, 2001
June-Ann Fox, President

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SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Green Machine Development, Corp.
(Registrant)

June 26, 2003

/S/
June-Ann Fox
Chief Executive Officer

/S/
James L. Schmidt II

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