Lincoln Logs Ltd.: Code of Ethics for Executive Officers

The honesty, integrity and sound judgment of its executive officers is fundamental to the reputation and success of Lincoln Logs Ltd. (the "Company"). While all employees and directors are required to adhere to the highest level of personal and business ethics, the professional and ethical conduct of the executive officers is essential to our proper functioning and success.

Executive officers of the Company hold an important and elevated role in corporate governance. These individuals are key members of the Company's management team, who are uniquely capable and empowered to ensure that the interests of our shareholders (including customers, employees and suppliers) are appropriately balanced, protected and preserved. Executive officers of the Company fulfill this responsibility by prescribing and enforcing the policies and procedures employed in the Company's operations.

Executive officers of the Company must:

• Act with honesty and integrity, avoiding conflicts of interest in personal and professional relationships;

• Disclose any material transaction or relationship that could reasonably give rise to a conflict;

• Perform responsibilities with a view to causing periodic reports filed with the Securities and Exchange Commission, and other public communications, to contain information, which is accurate, full, fair, relevant and understandable;

• Provide colleagues with information that is accurate, complete, objective, relevant and understandable;

• Comply with applicable laws, rules and regulations of federal, state and local governments and other appropriate private and public regulatory agencies;

• Act in good faith, with due care, competence and diligence, without misrepresenting material facts or allowing independent judgment to be subordinated;

• Respect the confidentiality of information acquired in the course of employment where appropriate;

• Proactively promote ethical and honest behavior within the workplace;

• Assure responsible use of and control of all assets, resources and information in possession of the Company; and

• Promptly report violations of this code to the Board of Directors.

All executive officers of the Company are expected to adhere to the highest level of personal and business ethics at all times. The Board of Directors shall have the authority to discipline any executive officer of the Company that has committed a violation of this Code of Ethics as deemed appropriate. The Board of Directors shall review the action at the subject executive officer's request. Appropriate disciplinary actions include:

• Termination;

• Required attendance at a ethics program;

• Disclosure/notation in employment record; and

• Rescission of subject transaction

The Board of Directors shall have the sole and absolute discretionary authority to approve any deviation or waiver from the Code of Ethics.