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&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;1.&lt;/td&gt;&lt;td&gt;&lt;u&gt;Nature of Operations and Ability to Continue as a Going Concern&lt;/u&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Company is in the development
stage and is devoting its efforts to exploring new investment opportunities, including real estate development projects.&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;These financial statements have been prepared in accordance with generally accepted accounting
principles applicable to a going concern, which assumes that the Company will be able to meet its obligations and continue its
operations for its next fiscal year. Realization values may be substantially different from carrying values as shown and these
financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets
and liabilities should the Company be unable to continue as a going concern. At June 30, 2013, the Company had not yet achieved
profitable operations, has an accumulated deficit of $12,381,051 since its inception, has a working capital deficiency of $1,310,599
and expects to incur further losses in the development of its business, all of which casts substantial doubt about the Company&amp;#146;s
ability to continue as a going concern. Management anticipates that it requires approximately $85,000 over the twelve months ended
June 30, 2014 to continue operations as well as the Company estimates it will accrue interest expenses of $73,000 over the next
12 months on loans due to related parties. In addition to funding the Company&amp;#146;s general, administrative and corporate expenses
the Company is obligated to address its current obligations totalling $1,311,092. To the extent that cash needs are not achieved
from operating cash flow and existing cash on hand, the Company will be required to raise necessary cash through shareholder loans,
equity issuances and/or other debt financing. Amounts raised will be used to continue the development of the Company's investment
activities, and for other working capital purposes.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;The Company&amp;#146;s ability to continue as a going concern is dependent upon its ability to generate
future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising
from normal business operations when they come due. Management has no formal plan in place to address this concern but considers
that the Company will be able to obtain additional funds by equity financing and/or related party advances; however there is no
assurance of additional funding being available. The Company has historically satisfied its capital needs primarily by issuing
equity securities. Management plans to continue to provide for its capital needs during the twelve months ended June 30, 2014,
by issuing equity securities and/or related party advances.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;The accompanying unaudited interim financial statements have been prepared by the Company pursuant
to the rules and regulations of the United States Securities and Exchange Commission. Certain information and disclosures normally
included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States
of America have been or omitted pursuant to such rules and regulations. In the opinion of management, all adjustments and disclosures
necessary for a fair presentation of these financial statements have been included. Such adjustments consist of normal recurring
adjustments. These interim financial statements should be read in conjunction with the annual audited financial statements of the
Company for the fiscal year ended December 31, 2012, included in the Company&amp;#146;s 10-K Annual Report as filed with the United
States Securities and Exchange Commission.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;The results of operations for the period ended June 30, 2013 are not indicative of the results
that may be expected for the full year.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>The entire disclosure for the nature of an entity's business, the major products or services it sells or provides and its principal markets, including the locations of those markets. If the entity operates in more than one business, the disclosure also indicates the relative importance of its operations in each business and the basis for the determination (for example, assets, revenues, or earnings).</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 275

 -SubTopic 10

 -Section 50

 -Paragraph 2

 -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6003-108592



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