Company/File No: FB/BS04
State & Year of Inc. DE - 2002
Est. No. of Shareholders: 60
Common Stock: Authorized: 100,000,000
Outstanding: 8,500,000
Par Value: .01Preferred: Authorized: 0
Outstanding: 0
Par Value:Warrants Outstanding? No
Shareholder/pooling agreements? NoNumber of Shares:
Public float: 3,550,000
Restricted Shares: 4,950,000Insider Registered Shares:
Non affiliate,
Registered Shares available: 3,200,000How did Company become publicly held? SB2
Reporting Company? Yes
Current in filings? Yes
15c2-11? YesIs the Stock trading or quoted? Yes
Where? OTC/BB
Bid __ Ask __Blue Sky Manual Exemption? Yes
With whom? S&P___ Moodys___Are there any Regulatory problems with the SEC/NASD? No
Do current or past Officers/Directors have any Regulatory problems with SEC? No
Any current or past legal problems, liabilities, or litigation? No
If yes, explain:Is the Corporation in good standing with the State of Inc.? Yes
Any State or Federal Income Tax owed? No Amount:
Are the minute books up to date? Yes Name of Transfer Agent:
Audited Financial Statements? Yes Last year Audit was completed: 2003 Assets $ 0
Description:Liabilities $ 0
Description:Comments/Explanations (If Any) Cash Price $650,000 will purchase all but 350,000 shares.
More equity will require further diligence of merger partner.