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Re: None

Sunday, 08/06/2006 11:52:05 AM

Sunday, August 06, 2006 11:52:05 AM

Post# of 169279
Question re: subsidiaries and joint ventures

Conversion Solutions Holding Corp

American International Smart Structure (JV)
Brittenum Brothers Entertainment, Inc. (JV)
Rocky Road Records, Inc. (JV)
Seko Management Inc. (JV)
Tserof Holdings Inc
CVSU Coffee Shop
Equine Solutions, Inc
Stargate Productions, Inc.
Live Mortgage Free
Federal Chamber of Commerce
Center State Beverage
LotteryFever
InfinityOne Inc
Amruss Group, LLC
LoanShoppers.com

Revenue $0?

Granted, I wouldn't expect them all to show profits, but $0 in revenues for every subsidiary? The stables were even included as assets but Equine Solutions has generated nothing? I can see including tangible property as an asset, but then where's the revenue and expenses from it?

Even unaudited financials would include some type of ballpark figure on revenue. Expenses were detailed down to the how much postage was spent. How can a holding corporation report $0 in revenue?

The most valuable commodity I know of is information

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