Silvan Industries, Inc.(fka SLVA)

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Our revenues increased to $25.7 million in the nine months ended September 30, 2010 from $9.6 million in the same period in 2009, representing a 168.3% increase period-over-period. The increase in revenue was mainly due to higher sales volume as a result of the expansion of our sales and distribution network. During the nine months ended September 30, 2010, we sold 1,726,807 square meters of laminate flooring and 90,195 cubic meters of fiber boards, as compared to nil square meters of laminate flooring and 49,692 cubic meters of fiber boards during the same period in 2009. Sales of our laminate flooring and fiber board products accounted for approximately 60.9% and 39.1% of our sales revenues, respectively, during the nine months ended September 30, 2010, as compared to nil and 100.0%, respectively, during the same period in 2009.