Resignation Letter of Richard M. Hewitt from Board of Directors of MBI Financial, Inc.

Summary

Richard M. Hewitt has submitted his resignation as a member of the Board of Directors of MBI Financial, Inc., effective February 2, 2007. He cites increased demands from his law practice as the reason for stepping down and confirms that he has no disagreements with management or knowledge of any material events requiring disclosure. The letter is addressed to William R. Miertschin of MBI Financial, Inc.

EX-10.1 2 d43301exv10w1.htm RESIGNATION LETTER exv10w1

Exhibit 10.1

[RMH Attorney & Counselor of Law Logo]

February 2, 2007

VIA HAND DELIVERY

William R. Miertschin
MBI Financial, Inc.
1845 Woodall Rogers, Suite 1020
Dallas, TX 75201

Bear Bill,

Please accept this letter as my resignation as a member of the Board of Directors of MBI Financial, Inc. effective Friday, February 02, 2007.

As a sole practitioner, my law practice is requiring more of my time and energy, and I no longer have the time available to devote to a growing company like MBI Financial, Inc.

Please be advised that I have no material disagreement with the management of MBI Financial, Inc., nor am I aware of any material events that need to be disclosed by management at this time.


	Sincerely,
	/s/ Richard M. Hewitt
	Richard M. Hewitt

RMW/bw

C: MBI Financial, Inc.

Richard M. Hewitt, p.c.

300 TROPHY CLUB DRIVE SUITE 700 TROPHY CLUB, TEXAS 76262
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