Exhibit 1
			SRE Controls
			Calculation of CVF becoming minority shareholder
			Effective March 25, 2004
Sales 1/1/04 to 3/31/04			$628,563	# days 1/1/04 to 3/31/04		64
Sales 3/25/04 to 3/31/04			$95,510	# days 3/25/04 to 3/31/04		5
(see below)
Percentage			15.19%	Percentage		7.81%
				As stated			CVF
				3/31/2004	15.19%	7.81%	Consol. $
	Sales			($628,563)	($95,510)		($533,053)
	COGS			$444,662	$67,544		$377,118
	Admin expenses			$222,573		$17,383	$205,190
	Bank charges			$3,302		$258	$3,044
	Depreciation			$9,000		$703	$8,297
	Interest expense			$11,489		$897	$10,592
	R&D			$125,856		$9,829	$116,027
	Sales & Marketing			$104,850		$8,189	$96,661
	Foreign exchange			$21,842		$1,706	$20,136
	Misc expense			($473)		($37)	($436)
	Net Loss			$314,538	($27,966)	$38,928	$303,576
Sales by date:
25-Mar-04		$0.00
26-Mar-04		$43,783.75
29-Mar-04		$24,131.41
30-Mar-04		$398.65
31-Mar-04		$27,195.71
		$95,509.52