Defense Industries International (fka DFNS)

[Katfish]

This item was in the 10Q although the date is six weeks after the close of the Q. I would prefer to wait to see the PR and the outlook for the future, but they do have a healthy backlog.

As of May 14, 2008, we had a backlog of firm orders from the Israeli Ministry of Defense of approximately $7.3 million, including orders of approximately $4.7 million that we received subsequent to March 31, 2008. In the three months ended March 31, 2008 and 2007, sales to the Israeli Ministry of Defense were $1,326,062 and $1,541,446, accounting for 42.4% and 39.4% of our sales, respectively.