LIQUIDITY MATTERS AND GOING CONCERN	9 Months Ended
Sep. 30, 2012
LIQUIDITY MATTERS AND GOING CONCERN
LIQUIDITY MATTERS AND GOING CONCERN	12. LIQUIDITY MATTERS / GOING CONCERN From 2008 through September 30, 2012, internally generated operating cash flows have been sufficient to meet the Company's business operating requirements. However, operating cash flows have not been sufficient to finance capital improvements or provide funds for the substantial marketing efforts necessary for growing the businesses. The Company's plan for improving future continuing operations has several different aspects as follows: * Lowering its overhead costs by reducing its workforce in order to achieve maximum utilization; * Consolidating certain accounting roles from the subsidiary level to the Company's headquarters, restructuring purchase agreements with suppliers which will allow for leaner inventory levels and reducing the warehousing costs; * Renegotiating compensation arrangements and consolidating its administrative location with operating offices in order to reduce rent expenses. The Company has taken and will continue to take steps to increase revenues from continuing operations as outlined below: * Increasing its revenues from the Tyree's second largest customer, based on the improving relationship between Tyree and customer's management; * Obtaining new construction contracts based on aggressive bidding on jobs from new customers; * Expanding services into new types of services for water purification; * Expanding services provided to the existing customers; * Increasing customer orders is expected due to anticipated construction needs that have been deferred in the last several years due to the weak economy. The Company has taken the following actions as follows: * Consolidate certain premises thereby reducing rents and is negotiated for reduced rents with landlords; * Sold equipment of IMSC (a discontinued entity) in February 2012 for $426,000; * Term out certain material payments to vendors to ease cash flow. The Company has spoken to major vendors concerning regarding payment terms; * Sell its stock publicly and attempt to raise public and private capital; * Hired a new sales executive with extensive food industry background to increase sales of existing and new products of the BPI; * Secured an interest only extension through April 2013 on BPI's bridge loan agreement for BPI (the "Bridge Loan") in August 2012 which has allowed BPI to purchase additional equipment to begin donut manufacturing operations. * Reduced management salaries at the corporate and subsidiary level of the Company to better align management's salaries with net revenues. In addition, the Company intends to do the following: * Liquidate the property previously occupied by Tulare (a discontinued entity) in Lindsay, California for approximately $2 million; * Sell its property in Allentown, Pennsylvania for $640,000. There is a due diligence period of 60 days and closing 30 days following the completion of the due diligence period, which is January 5, 2013. The sale is contingent on $512,000 in mortgage financing. As of the date of this Report, the buyer, after conducting its due diligence, has sent notice of cancellation of the sale agreement. Management is in discussions as to the appropriate next steps for the sale of the property. If the Company's plans change, or its assumptions change or prove to be inaccurate, or if available cash otherwise proves to be insufficient to implement its business plans, the Company may require additional equity or debt financing. Given the uncertain economic environment and the pressure that the financial sector has been under, the Company cannot predict whether additional funds will be available in adequate amounts. If funds are needed but not available, the Company's business may need to be altered or curtailed.

LIQUIDITY MATTERS AND GOING CONCERN

9 Months Ended

Sep. 30, 2012

12. LIQUIDITY MATTERS / GOING CONCERN

From 2008 through September 30, 2012,  internally generated operating cash flows

have been  sufficient to meet the  Company's  business  operating  requirements.

However,  operating  cash flows  have not been  sufficient  to  finance  capital

improvements or provide funds for the substantial  marketing  efforts  necessary

for growing the businesses.  The Company's plan for improving future  continuing

operations has several different aspects as follows:

     *    Lowering  its  overhead  costs by reducing  its  workforce in order to

          achieve maximum utilization;

     *    Consolidating  certain  accounting  roles from the subsidiary level to

          the Company's  headquarters,  restructuring  purchase  agreements with

          suppliers  which will allow for leaner  inventory  levels and reducing

          the warehousing costs;

     *    Renegotiating   compensation   arrangements  and   consolidating   its

          administrative location with operating offices in order to reduce rent

          expenses.

The Company has taken and will continue to take steps to increase  revenues from

continuing operations as outlined below:

     *    Increasing  its revenues  from the Tyree's  second  largest  customer,

          based on the  improving  relationship  between  Tyree  and  customer's

          management;

     *    Obtaining new  construction  contracts based on aggressive  bidding on

          jobs from new customers;

     *    Expanding services into new types of services for water purification;

     *    Expanding services provided to the existing customers;

     *    Increasing customer orders is expected due to anticipated construction

          needs that have been  deferred  in the last  several  years due to the

          weak economy.

The Company has taken the following actions as follows:

     *    Consolidate  certain premises thereby reducing rents and is negotiated

          for reduced rents with landlords;

     *    Sold  equipment of IMSC (a  discontinued  entity) in February 2012 for

          $426,000;

     *    Term out certain  material  payments to vendors to ease cash flow. The

          Company  has  spoken to major  vendors  concerning  regarding  payment

          terms;

     *    Sell its stock  publicly  and  attempt  to raise  public  and  private

          capital;

     *    Hired a new sales executive with extensive food industry background to

          increase sales of existing and new products of the BPI;

     *    Secured an interest only extension  through April 2013 on BPI's bridge

          loan  agreement  for BPI (the "Bridge  Loan") in August 2012 which has

          allowed  BPI  to  purchase   additional   equipment   to  begin  donut

          manufacturing operations.

     *    Reduced  management  salaries at the corporate and subsidiary level of

          the Company to better align management's salaries with net revenues.

In addition, the Company intends to do the following:

     *    Liquidate the property  previously  occupied by Tulare (a discontinued

          entity) in Lindsay, California for approximately $2 million;

     *    Sell its property in Allentown,  Pennsylvania for $640,000. There is a

          due  diligence  period of 60 days and  closing 30 days  following  the

          completion of the due diligence period,  which is January 5, 2013. The

          sale is contingent on $512,000 in mortgage  financing.  As of the date

          of this Report,  the buyer,  after  conducting its due diligence,  has

          sent notice of cancellation  of the sale  agreement.  Management is in

          discussions  as to the  appropriate  next  steps  for the  sale of the

          property.

If the  Company's  plans  change,  or its  assumptions  change  or  prove  to be

inaccurate,  or  if  available  cash  otherwise  proves  to be  insufficient  to

implement its business plans, the Company may require  additional equity or debt

financing.  Given the uncertain  economic  environment and the pressure that the

financial sector has been under,  the Company cannot predict whether  additional

funds  will be  available  in  adequate  amounts.  If funds are  needed  but not

available, the Company's business may need to be altered or curtailed.

- Definition

Disclosure of accounting policy for reporting when there is a substantial doubt about an entity's ability to continue as a going concern for a reasonable period of time (generally a year from the balance sheet date). Disclose: (a) pertinent conditions and events giving rise to the assessment of substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time, (b) the possible effects of such conditions and events, (c) management's evaluation of the significance of those conditions and events and any mitigating factors, (d) possible discontinuance of operations, (e) management's plans (including relevant prospective financial information), and (f) information about the recoverability or classification of recorded asset amounts or the amounts or classification of liabilities. If management's plans alleviate the substantial doubt about the entity's ability to continue as a going concern, disclosure of the principal conditions and events that initially raised the substantial doubt about the entity's ability to continue as a going concern would be expected to be considered. Disclose whether operations for the current or prior years generated sufficient cash to cover current obligations, whether waivers were obtained from creditors relating to the company's default under the provisions of debt agreements and possible effects of such conditions and events, such as: whether there is a possible need to obtain additional financing (debt or equity) or to liquidate certain holdings to offset future cash flow deficiencies. Disclose appropriate parent company information when parent is dependent upon remittances from subsidiaries to satisfy its obligations.

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