Papa Bello Enterprises has a master lease agreement with WAL*MART and is targeting to capture 10-20% of the 1500 restaurants WAL*MART is expected to open in US during the next 5-7 years. The partnership with WAL*MART is a key anchor to the business and has provided a launching pad for the development of the company. Additionally, PBE is developing a restaurant in China, with groundbreaking plans underway to begin construction during the first quarter of 2009. Papa Bello has grown steadily, achieving a strong brand name. The growth potential has led the management in pursuing expansion opportunities.