Angel Acquistion (AGEL)

[d3vnu11]

From the Feb. 26 PR

Business Development

We have pretty well covered this but essentially we are going to develop our businesses in the following fashion:

- Growth of Palomar Enterprises will be through revenues generated by our

growing real estate business as well as our ownership of Subsidiary

Companies which will be developed and spun off. A dividend of shares

will be paid to our shareholders in each one of these Subsidiary

Companies that are established.

- Growth of our publicly traded Subsidiary Companies will be generated

through acquisitions, incubation then ownership of the spun-off

companies. And, again, shareholders of the Subsidiary Companies will

receive a dividend of shares of each company spun off.

- Shareholder value will be established by ownership of Palomar which in

turn, will lead to ownership in the publicly traded Subsidiary

Companies.

No Reverse Splits