<SUBMISSION>
<ACCESSION-NUMBER>0001169232-07-004732
<TYPE>8-K/A
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20070815
<ITEMS>9.01
<FILING-DATE>20071221
<DATE-OF-FILING-DATE-CHANGE>20071221
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>American Home Food Products, Inc.
<CIK>0000945634
<ASSIGNED-SIC>3272
<IRS-NUMBER>411759882
<STATE-OF-INCORPORATION>NY
<FISCAL-YEAR-END>0531
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K/A
<ACT>34
<FILE-NUMBER>000-26112
<FILM-NUMBER>071323068
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>67 WALL STREET, SUITE 2001
<CITY>NEW YORK
<STATE>NY
<ZIP>10005
<PHONE>2128251400
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>67 WALL STREET, SUITE 2001
<CITY>NEW YORK
<STATE>NY
<ZIP>10005
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>NOVEX SYSTEMS INTERNATIONAL INC
<DATE-CHANGED>19990525
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>d73234_8k-a.htm
<DESCRIPTION>AMENDMENT TO CURRENT REPORT
<TEXT>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font SIZE=2>UNITED STATES </font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font SIZE=2>SECURITIES AND EXCHANGE COMMISSION </font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Washington, D.C. 20549 </font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font SIZE=5>FORM 8-K/A </font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font SIZE=2>CURRENT REPORT </font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Pursuant to Section 13 or 15 (d) of </font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>the Securities Exchange Act of 1934 </font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=6>American Home Food Products, Inc.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=1>(Formerly Novex Systems, International, Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=1>(Exact name of registrant as specified in its charter) </font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>Date of Report (Date of earliest event reported): </font><u><font size=2>August 15, 2007 </font></u><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="100%" >
    <tr >
        <td width="230" valign=top style='border-bottom:solid black 1.0pt; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>New York</font></p> </td>
        <td width="14" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp; </font></p> </td>
        <td width="230" valign=top style='border-bottom:solid black 1.0pt; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>0-26112</font></p> </td>
        <td width="14" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp; </font></p> </td>
        <td width="230" valign=top style='border-bottom:solid black 1.0pt; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>41-1759882</font></p> </td> </tr>
    <tr >
        <td width="230" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>(State or Other Jurisdiction </font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>of Incorporation) </font></p> </td>
        <td width="14" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp; </font></p> </td>
        <td width="230" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>(Commission </font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>File Number) </font></p> </td>
        <td width="14" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp; </font></p> </td>
        <td width="230" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>(IRS Employer </font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>Identification No.) </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="100%" >
    <tr >
        <td width="360" valign=top style='border-bottom:solid black 1.0pt; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>500 West 37</font><sup><font size=2>th</font></sup><font size=2> Street, New York, NY</font></p> </td>
        <td width="216" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp; </font></p> </td>
        <td width="144" valign=top style='border-bottom:solid black 1.0pt; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>10018</font></p> </td> </tr>
    <tr >
        <td width="360" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>(Address of Principal Executive Offices) </font></p> </td>
        <td width="216" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp; </font></p> </td>
        <td width="144" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>(Zip Code) </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="464" style='border-collapse:collapse'>
    <tr >
        <td width="464" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Registrant&#146;s telephone number, including area code: &nbsp; (212) 239-1200 &nbsp;</font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of Universal under any of the following provisions: </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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        <td width="29" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>o</font></p> </td>
        <td width="691" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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        <td width="29" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>o</font></p> </td>
        <td width="691" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 230.14a-12) </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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        <td width="29" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>o</font></p> </td>
        <td width="691" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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    <tr >
        <td width="29" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>o</font></p> </td>
        <td width="691" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
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<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>American Home Foods Products, Inc., a
New York corporation (&#147;AHFP&#148; or &#147;the Company"), hereby amends its
Current Report on Form 8-K filed August 15, 2007, to include the required
financial statements relating to the acquisition by AHF Acquisition Corporation
(&#147;AHF&#148;), a wholly-owned subsidiary of the Company, of all the
interests in Artisanal Cheese, LLC (&#147;Artisanal&#148;) held by the members
of Artisanal, as described in such Current Report, by providing the financial
statements and pro forma financial information included herein.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=1>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="100%" style='border-collapse:collapse'>
    <tr >
        <td width="65" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item</font></b><font size=2>&nbsp;</font><b><font size=2>9.01</font></b></p> </td>
        <td width="655" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Financial Statements and Exhibits. </font></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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        <td width="29" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(a)</font></p> </td>
        <td width="691" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Financial Statements of Business Acquired: </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Attached hereto are the required financial statements related to the acquisition.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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        <td width="29" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(b)</font></p> </td>
        <td width="691" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Pro Forma Financial Information: </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Attached hereto is the required pro forma financial information related to the acquisition.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>2</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>Table of Contents</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(a)  Historical financial statements of the business acquired (Artisanal Cheese, LLC)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="332" style='margin-left:.25in;border-collapse:collapse'>
    <tr >
        <td  colspan="8" valign=top >
            <p ><font size=2>As of and for the year ended December 31, 2006 and 2005</font></p></td> </tr>
    <tr >
        <td  width="37">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td>
        <td  colspan="4" valign=top >
            <p ><font size=2>Independent Auditors&#146; Report</font></p></td>
        <td   colspan="3">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td  width="37">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td>
        <td width="101" valign=top >
            <p ><font size=2>Balance Sheets</font></p></td>
        <td   colspan="6">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td  width="37">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td>
        <td  colspan="3" valign=top >
            <p ><font size=2>Statement of Operations</font></p></td>
        <td   colspan="4">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td  width="37">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td>
        <td  colspan="6" valign=top >
            <p ><font size=2>Statements of Members&#146; Equity (Deficit)</font></p></td>
        <td  width="56">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td  width="37">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td>
        <td  colspan="2" valign=top >
            <p ><font size=2>Cash Flow Statements</font></p></td>
        <td   colspan="5">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td  width="37">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td>
        <td  colspan="5" valign=top >
            <p ><font size=2>Notes to Financial Statements</font></p></td>
        <td   colspan="2">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr>
        <td width="37" ></td>

        <td width="101" ></td>

        <td width="39" ></td>

        <td width="9" ></td>

        <td width="29" ></td>

        <td width="1" ></td>

        <td width="59" ></td>

        <td width="56" ></td> </tr> </table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(b)  Pro Forma Combined Financial Information</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="87" style='margin-left:.25in;border-collapse:collapse'>
    <tr >
        <td width="87" valign=top >
            <p ><font size=2>Introduction</font></p></td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="444" style='margin-left:.25in;border-collapse:collapse'>
    <tr >
        <td width="444" valign=top >
            <p ><font size=2>Pro Forma Combined Balance Sheet at May 31, 2007 and related notes thereto.</font></p></td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.25in;text-align:left;'><font size=2>Pro Forma Combined Statement of Operations for the year ended May 31, 2007 and related notes thereto.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>3</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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    <tr style='height:2.0in'>
        <td width="734" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:2.0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:1.0in'>
        <td width="734" style='border-bottom:solid #4F81BD 1.0pt; padding:0in 5.4pt 0in 5.4pt; height:1.0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=6>Artisanal Cheese, LLC</font></p> </td> </tr>
    <tr style='height:.5in'>
        <td width="734" style=' padding:0in 5.4pt 0in 5.4pt;height:.5in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=6>Financial Statements</font></p> </td> </tr>
    <tr style='height:.25in'>
        <td width="734" style='padding:0in 5.4pt 0in 5.4pt;height:.25in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:.25in'>
        <td width="734" style='padding:0in 5.4pt 0in 5.4pt;height:.25in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Years Ended December 31, 2006 and 2005</font></b></p> </td> </tr>
    <tr style='height:.25in'>
        <td width="734" style='padding:0in 5.4pt 0in 5.4pt;height:.25in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b>&nbsp;</b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>4</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3 align="left"><font face="Times New Roman" size=2>INDEX TO FINANCIAL
      STATEMENTS</font></th>
    <th colspan=2><font face="Times New Roman" size=1></font></th>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td width=93% align=LEFT><font face="Times New Roman" size=2><A HREF="#A001">Report of Independent
      Registered Public Accounting Firm</A></font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2><A HREF="#A001">6</A></font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><A HREF="#A002">Balance Sheets as of December
      31, 2006 and 2005</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2><A HREF="#A002">7</A></font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><A HREF="#A003">Statements of Operations
      for the years ended December 31, 2006 and 2005</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2><A HREF="#A003">8</A></font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><A HREF="#A004">Statement of Members&#146;
      Equity (Deficit) for the years ended December 31, 2006 and 2005</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2><A HREF="#A004">9</A></font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><A HREF="#A005">Statements of Cash Flows
      for the years ended December 31, 2006 and 2005</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2><A HREF="#A005">10</A></font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><A HREF="#A006">Notes to Financial Statements</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2><A HREF="#A006">12</A></font></td>
  </tr>
</table>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>5</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<A NAME="A001"></A>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font SIZE=2>REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Members</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Artisanal Cheese, LLC</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>New York, New York</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>We have audited the accompanying balance sheets of Artisanal Cheese, LLC as of December 31, 2006 and 2005 and the related statements of operations, members&#146; equity (deficit) and cash flows for each of the years ended December 31, 2006 and 2005. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>We conducted our audits in accordance with generally accepted auditing standards as established Auditing Standards Board (United States) and in accordance with the auditing standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Artisanal Cheese, LLC at December 31, 2006 and 2005 and the results of its operations and its cash flows for each of the years ended December 31, 2006 and 2005, in conformity with accounting principles generally accepted in the United States.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The accompanying consolidated financial statements have been prepared assuming that Artisanal Cheese, LLC will continue as a going concern.&nbsp; As more fully described in Note 2, the Company has incurred recurring operating losses and will have to obtain additional capital to sustain operations.&nbsp; These conditions raise substantial doubt about the Company&#146;s ability to continue as a going concern.&nbsp; Management&#146;s plans in regard to these matters are also described in Note 2.&nbsp; The financial statements do not include any adjustments to reflect the possible effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>/s/ Sherb &amp; Co., LLP</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Sherb &amp; Co., LLP</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>New York, New York</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>December 12, 2007</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>6</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<A NAME="A002"></A>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><FONT SIZE="2"><B>ARTISANAL CHEESE, LLC<BR>
BALANCE SHEETS<BR>
As of December 31,</B></font></p>




<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3 align="center">&nbsp;</th>
    <td colspan=2 align="center"><strong><font face="Times New Roman" size=2>2006</font></strong></td>
    <th>&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>2005</font></th>
    <th>&nbsp;</th>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=65% align=LEFT><font face="Times New Roman" size=2><strong>Assets</strong></font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=12% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=4% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=12% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Cash</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> 142,703</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 218,333</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Accounts Receivable</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>607,914</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>540,844</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Accounts Receivable, Related
      Parties</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>400,013</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>177,581</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Inventories</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>308,226</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>345,440</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Prepaid Expenses and Other
      Current Assets</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>8,703</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>32,336</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT>&nbsp;</td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;<strong>&nbsp;Total
      Current Assets</strong></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>1,467,559</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>1,314,534</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Property and Equipment
      (less accumulated depreciation<br>
      &nbsp;&nbsp;&nbsp;of $719,643 in 2006 and $570,015 in 2005)</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>919,276</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>1,068,904</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Other Assets</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>24,787</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>24,787</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total
      Assets</font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> 2,411,622</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 2,408,225</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><strong><font face="Times New Roman" size=2>Liabilities and
      Members&#146; Equity (Deficit)</font></strong></td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Accounts Payable</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> 875,290</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 786,232</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Debt Due to Related Parties</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>239,500</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>267,131</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Accrued Management Fee
      to Related Party</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>655,561</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>51,880</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Advances by Related Parties</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>635,892</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>741,051</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Deferred Revenue</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>147,619</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>81,563</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Accrued Expenses and Other
      Current Liabilities</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>22,306</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>4,810</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total
      Current Liabilities</font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>2,576,168</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>1,932,667</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><strong><font face="Times New Roman" size=2>Members&#146; Equity
      (Deficit)</font></strong></td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Members&#146; contributions</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>2,572,650</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>2,572,650</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Accumulated Deficit</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(2,737,196</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>)</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(2,097,092</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr>
    <td height="20" colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total
      Members&#146; (Deficit</font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(164,546</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>)</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>475,558</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><strong><font face="Times New Roman" size=2>Total Liabilities
      &amp; Members&#146; (Deficit)</font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> 2,411,622</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 2,408,225</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
</table>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>See Notes to Financial Statements</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>7</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<A NAME="A003"></A>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><FONT SIZE="2"><B>ARTISANAL CHEESE, LLC<BR> STATEMENTS OF OPERATIONS <BR>YEARS ENDED DECEMBER 31,</B> </FONT> </p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>



<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1> </font></th>
    <td colspan=2 align="center"><strong><font face="Times New Roman, Times, serif" size=2>2006 </font></strong></td>
    <td align="center">&nbsp;</td>
    <td colspan=2 align="center"><strong><font face="Times New Roman, Times, serif" size=2>2005 </font></strong></td>
    <th>&nbsp;</th>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=57% align=LEFT><strong><font face="Times New Roman" size=2>Sales </font></strong></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=3% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=1% align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td width=15% align=RIGHT><strong><font face="Times New Roman" size=2> 5,879,072 </font></strong></td>
    <td width=5% align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td width=15% align=RIGHT><font face="Times New Roman" size=2> 5,018,576 </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;Cost
      of Goods Sold </font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>3,426,176 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>3,089,192 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;Gross
      Profit </font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>2,452,896 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>1,929,384 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Selling, General &amp; Administrative </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>2,905,848 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>2,163,751 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Depreciation </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>149,628 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>186,465 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong><font face="Times New Roman" size=2>Loss Before Other
      Income and Expenses </font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(602,580 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>) </font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(420,832 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>) </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><strong><font face="Times New Roman" size=2>Other Income/(Expenses) </font></strong></td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;Interest
      (Expense) </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(34,730 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>) </font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(16,269 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>) </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;Other
      Income </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>48,058 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>31,692 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;Other
      (Expenses) </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(50,852 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>) </font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total
      Other Income/(Expense) </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(37,524 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>) </font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>15,423 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
      Loss </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> (640,104 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>) </font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> (405,409 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>) </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
</table>
<BR>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>See Notes to Financial Statements</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>8</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<A NAME="A004"></A>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><FONT SIZE="2"><B>ARTISANAL CHEESE, LLC<BR>
STATEMENT OF MEMBERS&#146; EQUITY(DEFICIT)<BR>
YEARS ENDED DECEMBER 31, 2006 and 2005</B> </FONT></p>

<BR>




<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1> </font></th>
    <th colspan=2><font face="Times New Roman" size=2>Members&#146;<br>
      Contributions </font></th>
    <th>&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>Accumulated<br>
      Deficit </font></th>
    <th>&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>Total Members&#146;<br>
      Equity (Deficit)</font></th>
    <th>&nbsp;</th>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=8><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=40% align=LEFT><strong><font face="Times New Roman" size=2>Balance,
      December 31, 2004 </font></strong></td>
    <td width=1% align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;
      </font></strong></td>
    <td width=3% align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;
      </font></strong></td>
    <td width=1% align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td width=14% align=RIGHT><strong><font face="Times New Roman" size=2> 2,324,200
      </font></strong></td>
    <td width=4% align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;
      </font></strong></td>
    <td width=1% align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td width=14% align=RIGHT><strong><font face="Times New Roman" size=2> (1,691,683
      </font></strong></td>
    <td width=5% align=LEFT><strong><font face="Times New Roman" size=2>) </font></strong></td>
    <td width=1% align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td width=14% align=RIGHT><strong><font face="Times New Roman" size=2> 632,517
      </font></strong></td>
    <td width=2% align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;
      </font></strong></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=8><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Net loss </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(405,409 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(405,409 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>) </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Capital Contribution </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>248,450 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>248,450 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=8><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong><font face="Times New Roman" size=2>Balance, December
      31, 2005 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> 2,572,650 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(2,097,092 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>) </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>475,558 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=8><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Net loss </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(640,104 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(640,104 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>) </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=8><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><strong>Balance, December
      31, 2006</strong> </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> 2,572,650 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp; </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> (2,737,196 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>) </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> (164,546 </font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>) </font></strong></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td colspan="7" align=RIGHT><hr noshade color=#808080 size=2></td>
    <td align=LEFT>&nbsp;</td>
  </tr>
</table>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>See Notes to Financial Statements</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>9</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<A NAME="A005"></A>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><FONT SIZE="2"><B>ARTISANAL CHEESE, LLC<BR>
STATEMENTS OF CASH FLOWS<BR>
Years Ended December 31,</B> </FONT></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1></font></th>
    <td colspan=2 align="center"><strong><font face="Times New Roman, Times, serif" size=2>2006</font></strong></td>
    <td align="center">&nbsp;</td>
    <td colspan=2 align="center"><strong><font face="Times New Roman, Times, serif" size=2>2005</font></strong></td>
    <th align="center">&nbsp;</th>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=67% align=LEFT><font face="Times New Roman" size=2><strong>Cash
      Flows From Operating Activities:</strong></font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=11% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=4% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=11% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Net Loss</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> (640,104</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>)</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> (405,409</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2><strong>Adjustments to
      reconcile net income/(loss)to net cash<br>
      &nbsp;&nbsp;provided by/(used in) operating activities:</strong></font></td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Depreciation</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>149,628</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>186,465</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Management Fee</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>618,681</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&#151;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><strong>Changes in assets
      and liabilities:</strong></font></td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Accounts Receivable</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(67,070</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>)</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>151,842</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Accounts Receivable, Related
      Parties</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(222,432</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>)</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(177,581</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Inventories</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>37,214</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(92,838</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Prepaid Expenses and Other
      Current Assets</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>23,633</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(19,758</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Accounts Payable</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>89,058</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>192,147</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Deferred Revenue</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>66,056</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>37,971</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Accrued Expenses and Other
      Current Liabilities</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>2,496</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(59,903</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Advances by Related Parties</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(105,159</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>)</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(20,617</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><strong><font face="Times New Roman" size=2>Net cash provided
      by/(used in) operating activities:</font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(47,999</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>)</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(207,681</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT>&nbsp;</td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong><font face="Times New Roman" size=2>Cash Flows From
      Investing Activities:</font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Purchase of Fixed Assets</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&#151;</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(18,025</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><strong>Net cash provided
      by/(used in) investing activities:</strong></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&#151;</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(18,025</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2><strong>Cash Flows From
      Financing Activities:</strong></font></td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Repayment of Related Party
      Debt</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(27,631</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>)</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&#151;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Increase in Related Party
      Debt</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&#151;</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>63,877</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Members&#146; Contribution</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&#151;</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>248,450</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2><strong>Net cash provided
      by/(used in) financing activities:</strong></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(27,631</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>)</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>312,327</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Net change in cash and
      cash equivalents</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>(75,630</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>)</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>86,621</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Cash and cash equivalents
      at beginning of period</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>218,333</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>131,712</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Cash and cash equivalents
      at end of period</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$</font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> 142,703</font></strong></td>
    <td align=LEFT><strong><font face="Times New Roman" size=2>&nbsp;</font></strong></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 218,333</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=2></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>See Notes to Financial Statements and Supplemental Disclosures to Statements of Cash
                                               Flows</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>




<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>10</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><FONT SIZE="2"><B>ARTISANAL CHEESE, LLC<BR>
Supplemental Disclosures to Statements of Cash Flows</B></font></p>


<BR>





<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1> </font></th>
    <th colspan=5><font face="Times New Roman" size=2>For Years Ended<br>
      December 31, </font><font face="Times New Roman" size=1> </font></th>
    <th>&nbsp;</th>
  </tr>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1> </font></th>
    <th colspan=2><font face="Times New Roman" size=2>2006 </font></th>
    <th>&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>2005 </font></th>
    <th>&nbsp;</th>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=66% align=LEFT><font face="Times New Roman" size=2><strong>Cash
      Flow Information</strong> </font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=4% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=10% align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=5% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=10% align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Cash payments during the
      year for </font></td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;Interest </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> 34,730 </font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 16,269 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=2></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;Taxes </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2>$ </font></strong></td>
    <td align=RIGHT><strong><font face="Times New Roman" size=2> &#151; </font></strong></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> &#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=3><hr noshade color=#808080 size=2></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>



<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>11</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<A NAME="A006"></A>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font SIZE=2>ARTISANAL CHEESE, LLC</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font SIZE=2>NOTES TO FINANCIAL STATEMENTS</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font SIZE=2>FOR THE YEARS ENDED DECEMBER 31, 2006, AND 2005</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>1. ORGANIZATION AND NATURE OF BUSINESS</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Artisanal Cheese, LLC (&#147;Artisanal&#148; or the "Company") is a limited liability company organized pursuant to the New York Limited Liability Company Law.  The Company distributes a proprietary brand of Artisanal Premium Cheese to fine food wholesalers, specialty food outlets, restaurants and through its catalogue and website at www.artisanalcheese.com.  In August 2007 the members of Artisanal sold all their interests in the Company to AHF Acquisition Corporation (&#147;AHF&#148;), a wholly-owned subsidiary of American Home Food Products, Inc.  See Note 14 - Subsequent Events. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt;text-align:left;'><b><font size=2>Going Concern</font></b></p>

<p style=' margin-bottom:6pt; margin-top:0pt;text-align:justify;'><font size=2>The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. During the years ended December 31, 2006 and 2005, the Company incurred net losses and at December 31, 2006, has deficiencies in working capital and equity as well as negative cash flows.&nbsp; These factors indicate that the Company may be unable to continue as a going concern.</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt;text-align:justify;'><font size=2>The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts or classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company&#146;s continuation as a going concern is dependent upon its ability to generate sufficient cash flows to meets its obligations on a timely basis, to obtain additional financing as may be required and ultimately to attain profitable operations and positive cash flows. Additionally, the Company is in discussions to raise additional debt and equity financing. However, there can be no assurance that these efforts will be successful.</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt;text-align:left;'><b><font size=2>Fair Value of Financial Instruments</font></b></p>

<p style=' margin-bottom:6pt; margin-top:0pt;text-align:justify;'><font size=2>The carrying amounts reported in the balance sheet for cash, receivables, prepaid expenses, accounts payable, accrued expenses and deferred revenue approximate fair value based on the short-term maturity of these instruments.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Use of Estimates</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. In establishing these estimates, the Company's management uses its judgment based on its knowledge of the situations and its historical experience in with similar matters.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Cash and Cash Equivalents</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash equivalents include investments in money market funds and are stated at cost, which approximates market value. Cash at times may exceed FDIC insurable limits.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>12</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Trade Accounts Receivable and Accounts Receivable &#150; Related Party, Net</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The Company's accounts receivable consist primarily of amounts due from the sale of its products. The Company records an allowance for doubtful accounts based on management&#146;s estimate of collectibility of such trade receivables outstanding and writes off amounts which it deems to be uncollectible against the recorded allowance for doubtful accounts.  The allowance for doubtful accounts represents an amount considered by management to be adequate to cover potential losses, if any. At December 31, 2005 and 2006, management believes all uncollectible amounts have been written off and accordingly the allowance for doubtful accounts at December 31, 2005 and 2006 was zero.  Bad debt expense recorded for the years ended December 31, 2006 and 2005 was $75,832 and $35,248, respectively, and is included in general and administrative expense in the statements of operations. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Concentration of Credit Risk</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Financial instruments that potentially subject the Company to concentrations of credit risk consist of trade receivables. The majority of the Company's trade receivables are from the sale of the Company&#146;s products.  One customer represented 27% and 34% of outstanding trade receivables as of December 31, 2006 and 2005, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt;text-align:left;'><b><font size=2>Inventories</font></b></p>

<p style=' margin-bottom:6pt; margin-top:0pt;text-align:left;'><font size=2>Inventories are stated at the lower of cost or market.&nbsp; Cost is determined using the first-in, first-out (FIFO) method.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Property and Equipment</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Property and equipment are carried at cost. Amounts incurred for repairs and maintenance are charged to operations in the period incurred. Depreciation is calculated on a straight-line basis over the following useful lives:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="54%" style='border-collapse:collapse'>
  <tr >
    <td width="271" valign=top style='padding:0in 5.4pt 0in 5.4pt'> <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equipment</font></p></td>
    <td width="126" valign=top style='padding:0in 5.4pt 0in 5.4pt'> <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>3-5
        years</font></p></td>
  </tr>
  <tr >
    <td width="271" valign=top style='padding:0in 5.4pt 0in 5.4pt'> <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Furniture
        and fixtures</font></p></td>
    <td width="126" valign=top style='padding:0in 5.4pt 0in 5.4pt'> <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>5-7
        years</font></p></td>
  </tr>
  <tr >
    <td width="271" valign=top style='padding:0in 5.4pt 0in 5.4pt'> <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Leasehold
        improvements</font></p></td>
    <td width="126" valign=top style='padding:0in 5.4pt 0in 5.4pt'> <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>5-10
        years</font></p></td>
  </tr>
  <tr >
    <td width="271" valign=top style='padding:0in 5.4pt 0in 5.4pt'> <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Software</font></p></td>
    <td width="126" valign=top nowrap style='padding:0in 5.4pt 0in 5.4pt'>
      <p style='margin-left:0pt;text-indent:46.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>2-5
        years</font></p></td>
  </tr>
</table>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Revenue Recognition</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The Company recognizes revenues associated with the sale of its products at the time of delivery to customers and revenue associated with the performance of services at the time such services are provided.</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt;text-align:left;'><b><font size=2>Gift Certificates</font></b></p>

<p style=' margin-bottom:6pt; margin-top:0pt;text-align:justify;'><font size=2>The Company sells gift certificates through its website and through selected third parties. The Company does not charge administrative fees on unused gift cards and its gift cards do not have an expiration date. The Company recognizes income from gift certificates when: (i) the gift certificate is redeemed by the customer; or (ii) the likelihood of the gift certificate being redeemed by the customer is remote (&#147;gift certificate breakage&#148;) and it determines that it does not have a legal obligation to remit the value of unredeemed gift certificates to the relevant jurisdictions. Management determines its gift certificates breakage rate based upon historical redemption patterns. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Shipping and Handling Costs</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Shipping and handling costs are included in cost of sales.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Advertising Costs </font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>All advertising costs are expensed as incurred.  Advertising expenses for the years ending December 31, 2006 and 2005 were $26,680 and $27, 640, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>13</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
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<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Interest Expense</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Interest expense relates to interest owed on the Company&#146;s debt. Interest expense is recognized over the period the debt is outstanding at the stated interest rates. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Income Taxes</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The Company is operated in a manner consistent with its treatment as a &#147;partnership&#148; for federal and state income tax purposes.  Accordingly, any income tax liability or benefit related to the operation of the Company accrues to the individual members of the Company (&#147;Members&#148;). </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Recent Accounting Pronouncements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>In February 2007, the Financial Accounting Standards Board (the &#147;FASB&#148;) issued SFAS No. 159, &#147;The Fair Value Option for Financial Assets and Financial Liabilities&#148; (&#147;SFAS No. 159&#148;). SFAS No. 159 permits entities to choose, at specified election dates, to measure eligible items at fair value (the &#147;fair value option&#148;). A business entity shall report unrealized gains and losses on items for which the fair value option has been elected in earnings at each subsequent reporting date. The objective is to improve financial reporting by providing entities with the opportunity to mitigate volatility in reported earnings caused by measuring related assets and liabilities differently without having to apply complex hedge accounting provisions. SFAS No. 159 is effective as of the beginning of an entity&#146;s first fiscal year that begins after November 15, 2007. Early adoption is
permitted as of the beginning of a fiscal year that begins on or before November 15, 2007, provided the entity also elects to apply the provisions of SFAS No. 157, &#147;Fair Value Measurements&#148; (&#147;SFAS No. 157&#148;). Management is in the process of assessing if this statement will have a material impact on the Company&#146;s financial statements once adopted.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>In September 2006, the FASB issued SFAS No. 157. SFAS No.157 defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. This Statement applies under other accounting pronouncements that require or permit fair value measurements, the FASB having previously concluded in those accounting pronouncements that fair value is a relevant measurement attribute. Accordingly, this Statement does not require any new fair value measurements. However, for some entities, the application of this Statement will change current practices. This Statement is effective for financial statements for fiscal years beginning after November 15, 2007. Early adoption is permitted provided that the reporting entity has not yet issued financial statements for that fiscal year. Management is in the process of assessing if this
statement will have a material impact on the Company&#146;s financial statements once adopted.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="35%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>3.</font></b><b></b></p> </td>
        <td width="208" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=2>ACCOUNTS RECEIVABLE</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Accounts receivable consist of the following at December 31, </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1></font></th>
    <th colspan=2><font face="Times New Roman" size=2>2006</font></th>
    <th>&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>2005</font></th>
    <th>&nbsp;</th>
  </tr>
  <tr valign=Bottom>
    <td width=34% align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>Wholesale</font></td>
    <td width=1% align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=8% align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>$</font></td>
    <td width=10% align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>
      331,983</font></td>
    <td width=5% align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>$</font></td>
    <td width=10% align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>
      246,413</font></td>
    <td width=21% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Catalog</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>259,610</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>282,705</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>Retail</font></td>
    <td align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>7,975</font></td>
    <td align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&#151;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Employees</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>8,346</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>11,726</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>Total</font></td>
    <td align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2> 607,914</font></td>
    <td align=LEFT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT bgcolor="#eaf9e8"><font face="Times New Roman" size=2> 540,844</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>14</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="66%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>4.</font></b><b></b></p> </td>
        <td width="432" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>ACCOUNTS RECEIVABLE &#150; RELATED PARTIES</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Accounts receivable to related parties consist of receivables for products sold to restaurants owned wholly or in part to members of Artisanal.  Amounts owed by the restaurants consist of the following at December 31, </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1></font></th>
    <th colspan=2><font face="Times New Roman" size=2>2006</font></th>
    <th>&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>2005</font></th>
    <th>&nbsp;</th>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=66% align=LEFT><font face="Times New Roman" size=2>Artisanal Restaurant</font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=3% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td width=10% align=RIGHT><font face="Times New Roman" size=2> 314,944</font></td>
    <td width=6% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td width=10% align=RIGHT><font face="Times New Roman" size=2> 173,350</font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Picholine</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>85,069</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>4,231</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Total</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 400,013</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 177,581</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <th colspan=3>&nbsp;</th>
    <th colspan=2>&nbsp;</th>
    <th>&nbsp;</th>
    <th colspan=2>&nbsp;</th>
    <th>&nbsp;</th>
  </tr>
</table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="23%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>5.</font></b><b></b></p> </td>
        <td width="124" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=2>INVENTORIES</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in; text-indent:-0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Inventory consisted of the following at December 31,</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1></font></th>
    <th colspan=2><font face="Times New Roman" size=2>2006</font></th>
    <th width="6%">&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>2005</font></th>
    <th width="2%">&nbsp;</th>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="66%" align=LEFT><font face="Times New Roman" size=2>Cheese</font></td>
    <td width="1%" align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width="3%" align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width="1%" align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td width="10%" align=RIGHT><font face="Times New Roman" size=2> 221,628</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width="1%" align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td width="10%" align=RIGHT><font face="Times New Roman" size=2> 247,625</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Shipping and packaging
      materials</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>61,103</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>77,432</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Accessories and books</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>25,495</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>20,383</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Total</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 308,226</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 345,440</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="24%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>6.</font></b><b></b></p> </td>
        <td width="128" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=2>FIXED ASSETS</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Fixed assets consist of the following at December 31,</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1></font></th>
    <th colspan=2><font face="Times New Roman" size=2><u>2006</u></font></th>
    <th width="6%">&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2><u>2005</u></font></th>
    <th width="2%">&nbsp;</th>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="66%" align=LEFT><font face="Times New Roman" size=2>Furniture and
      fixtures</font></td>
    <td width="1%" align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width="3%" align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width="1%" align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td width="10%" align=RIGHT><font face="Times New Roman" size=2> 253,392</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width="1%" align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td width="10%" align=RIGHT><font face="Times New Roman" size=2> 253,392</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Kitchen Equipment</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>155,252</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>155,252</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Computer Equipment</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>95,869</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>95,869</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Software &amp; Web Design</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>5,279</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>5,279</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Design Fees</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>51,539</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>51,539</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Leasehold Improvement</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>1,077,588</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>1,077,588</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>1,638,919</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>1,638,919</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Less: Accumulated Depreciation</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(719,643</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(570,015</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><hr noshade color=#808080 size=1></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;Fixed assets, net</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 919,276</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 1,068,904</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td><hr noshade color=#808080 size=2></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Depreciation expense for the years ended December 31, 2006 and 2006 were $149,628 and $186,465, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="66%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>7.</font></b><b></b></p> </td>
        <td width="432" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=2>ACCRUED MANAGEMENT FEE TO RELATED PARTY</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Accrued management fee represents the amount due to the managing member of the Company for services in the supervision, management and operation of the Company&#146;s day-to-day affairs.  The amount of the management fee was $618,681 and zero for years ended December 31, 2006 and 2005, respectively and have been included in general and administrative expense in the statements of operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="66%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>8.</font></b><b></b></p> </td>
        <td width="432" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=2>ADVANCES BY RELATED PARTIES</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Amounts due to related parties consists of non-interest bearing advances for operating expenditures made either by management or restaurants owned wholly or in part to members of Artisanal.  Amounts due to related parties consist of the following at December 31, </font></p>

<BR>

<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1></font></th>
    <th colspan=2><font face="Times New Roman" size=2>2006</font></th>
    <th width="6%">&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>2005</font></th>
    <th width="2%">&nbsp;</th>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="66%" align=LEFT><font face="Times New Roman" size=2>George Faison</font></td>
    <td width="1%" align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width="3%" align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width="1%" align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td width="10%" align=RIGHT><font face="Times New Roman" size=2> &#151;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width="1%" align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td width="10%" align=RIGHT><font face="Times New Roman" size=2> 21,000</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Picholine</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>245,522</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>321,617</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Artisanal Restaurant</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>390,370</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>398,434</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Total</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 635,892</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 741,051</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="40%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>9.</font></b><b></b></p> </td>
        <td width="246" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=2>DEFERRED REVENUE</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>15</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Deferred revenue consists of amounts received for gift certificates prior to their redemption, amounts received for the Company&#146;s &#147;Cheese of the Month&#148; club which entitles the purchaser or their designee to receive a variety of the Company&#146;s products monthly for a specified period of time or amounts received in advance of a presentation of a Company class or other service.  Deferred revenue consists of the following as of December 31,</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>


<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1> </font></th>
    <th colspan=2><font face="Times New Roman" size=2>2006 </font></th>
    <th>&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>2005 </font></th>
    <th>&nbsp;</th>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=64% align=LEFT><font face="Times New Roman" size=2>Prepaid gift
      certificates </font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=4% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td width=11% align=RIGHT><font face="Times New Roman" size=2> 84,057 </font></td>
    <td width=5% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td width=11% align=RIGHT><font face="Times New Roman" size=2> 34,704 </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Prepaid clubs or classes
      </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>63,562 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>46,859 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Total </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 147,619 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 81,563 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="54%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>10.</font></b><b></b></p> </td>
        <td width="342" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=2>DEBT
        DUE TO RELATED PARTIES</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Related Party consisted of the following as of December 31, </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1> </font></th>
    <th colspan=2><font face="Times New Roman" size=2>2006 </font></th>
    <th width="5%">&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>2005 </font></th>
    <th width="2%">&nbsp;</th>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="64%" align=LEFT><font face="Times New Roman" size=2>Debt to a Member,
      bearing interest at 6.5% per annum, the Company has been making monthly
      payments of $1,000, due on demand </font></td>
    <td width="1%" align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width="4%" align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width="1%" align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td width="11%" align=RIGHT><font face="Times New Roman" size=2> 239,500 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width="1%" align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td width="11%" align=RIGHT><font face="Times New Roman" size=2> 200,000 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Debt to a related party,
      bearing interest at 12% per annum, with<br>
      the Company made monthly payments of $11,189, paid in 2005 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>67,131 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Total </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 239,500 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 267,131 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="54%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>11.</font></b><b></b></p> </td>
        <td width="342" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>MEMBERS&#146; EQUITY</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The Company is a limited liability company with two members.  The general terms of the limited liability operating agreement are as follows:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 1-TNR" FSL="Project" -->
<table width=600 cellpadding=0 cellspacing=0 border=0>
  <tr valign=TOP>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>&nbsp;</font></td>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>(a) </font></td>
    <td width=90%><div align="justify"><font face="Times New Roman, Times, Serif" size=2>One
        member has certain preferential distribution rights until their initial
        capital contributions have been returned in full.</font></div></td>
  </tr>
</table>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 1-TNR" FSL="Project" -->
<table width=600 cellpadding=0 cellspacing=0 border=0>
  <tr valign=TOP>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>&nbsp;</font></td>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>(b) </font></td>
    <td width=90%><div align="justify"><font face="Times New Roman, Times, Serif" size=2>No
        distribution will be paid or declared until the assets of the Company
        exceed liabilities.</font></div></td>
  </tr>
</table>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 1-TNR" FSL="Project" -->
<table width=600 cellpadding=0 cellspacing=0 border=0>
  <tr valign=TOP>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>&nbsp;</font></td>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>(c) </font></td>
    <td width=90%><div align="justify"><font face="Times New Roman, Times, Serif" size=2>Net
        profits and losses shall be allocated essentially based on membership
        interests.</font></div></td>
  </tr>
</table>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="54%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>12.</font></b><b></b></p> </td>
        <td width="342" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=2>REVENUE</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The Company receives revenues from the sale of its products, including fine quality cheese and related accessories and the presentation of educational classes, lectures and cheese related parties and events.  The Company recorded revenue form the following sources for the years ended December 31, </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1> </font></th>
    <th colspan=2><font face="Times New Roman" size=2>2006 </font></th>
    <th width="5%">&nbsp;</th>
    <th colspan=2><font face="Times New Roman" size=2>2005 </font></th>
    <th width="2%">&nbsp;</th>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="64%" align=LEFT><font face="Times New Roman" size=2>Wholesale </font></td>
    <td width="1%" align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width="4%" align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width="1%" align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td width="11%" align=RIGHT><font face="Times New Roman" size=2> 2,767,740
      </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td width="1%" align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td width="11%" align=RIGHT><font face="Times New Roman" size=2> 3,100,885
      </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Related party </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>564,074 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>130,168 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Events and Classes </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>485,899 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>324,336 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Catalogs and Retail </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>1,241,492 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>720,871 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Club Sales </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>312,478 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>245,196 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Shipping and Handling </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>407,390 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>314,873 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>Books and Accessories </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>64,275 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>48,280 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2>Other </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>35,724 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>133,966 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 5,879,072 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 5,018,576 </font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp; </font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="54%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>13.</font></b><b></b></p> </td>
        <td width="342" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=2>COMMITMENTS AND CONTINGENCIES</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>16</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><b><font size=2>Leases</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The Company is obligated under a non-cancelable lease agreement for the rental of approximately 10,000 square feet of office space through July 2007 and for various pieces of office equipment through July 2007.  The Company renewed the lease in July 2007 and it was subsequently assumed by AHF in connection with the acquisition of the Members&#146; interest in August 2007.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>A portion of the rent expense for the years ended December 31, 2006 and 2005 was paid for by merchandise credits in the amounts of approximately $33,626 and $8,490, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The following is a schedule by fiscal year of future minimum rental payments required under operating leases as of December 31, 2006:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>


<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=42% align=right><font face="Times New Roman" size=2>2007</font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=12% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td width=10% align=RIGHT><font face="Times New Roman" size=2> 233,777</font></td>
    <td width=34% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=right><font face="Times New Roman" size=2>2008</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>221,127</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=right><font face="Times New Roman" size=2>2009</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>205,892</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=right><font face="Times New Roman" size=2>2010</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>191,030</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=right><font face="Times New Roman" size=2>2011</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>187,866</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=right><font face="Times New Roman" size=2>Thereafter</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>111,170</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3 align="right"></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=right><font face="Times New Roman" size=2>Total</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 1,150,862</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Rent expense included in selling, general and administrative expenses for the years ended December 31, 2006 and 2005 was $225,653 and $206,615, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><b><font size=2>Litigation  </font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The Company is not a party to any litigation.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="54%" style='border-collapse:collapse'>
    <tr >
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>14.</font></b><b></b></p> </td>
        <td width="342" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=2>SUBSEQUENT EVENTS</font></b><b></b></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>On August 15, 2007, the Members sold all of their all right, title and interest to 100% of the issued and outstanding membership interests of the Company to AHF. The selling price acquisition was approximately $4.4 million.  Pursuant to the membership interest purchase agreement, AHF (i) paid $3,200,000 to the Members (ii) issued a note payable for $700,000 which bears no interest and is payable on or before November 14, 2007 to one of the Members; (iii) issued a note payable for $130,000 which bears interest at 5% per annum and is payable over a three year period ; (iv) issued a note payable for $370,000 which bears interest at 5% per annum and is payable over a three year period; and (v) issued a note payable to a Member for $228,000 payable in one year with payments due quarterly of $57,000 per quarter without interest, payable either in cash or product to one or more of the former Member&#146;s
restaurant establishments. As part of this transaction, AHF also entered into (vi) a five-year preferred vendor agreement with two restaurants which are affiliated with the Company; (vii) a five-year product development agreement with the same two restaurants; (viii) a trademark license agreement granting a royalty-free license to a Member, to utilize certain trademarks and names in connection with his restaurant establishments; (ix) a one-year consulting agreement with a Member; and (x) a transitional services agreement pursuant to which AHF shall receive equipment and non-equipment services for one year and comptroller services for four months. As part of this transaction, AHF also obtained from each of the Members a five-year non-competition agreement.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>17</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th colspan=3><font face="Times New Roman" size=1></font></th>
    <td colspan=2 align="center"><font face="Times New Roman" size=2><strong>Page</strong></font></td>
    <td align="center">&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font size="2" face="Times New Roman, Times, serif"><strong>FINANCIAL
      STATEMENTS</strong></font></td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td width=93% align=LEFT><font face="Times New Roman" size=2>Pro Forma Combined
      Financial Statements Introduction (Unaudited)</font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><A HREF="#A007">Pro Forma Combined Balance
      Sheet (Unaudited)</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2><A HREF="#A007">20</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><A HREF="#A008">Notes to Pro Forma Combined
      Balance Sheet (Unaudited)</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2><A HREF="#A008">21</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><A HREF="#A009">Pro Forma Combined Statement
      of Operations for the year ended May 31, 2007 (Unaudited)</A></font></td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT><font face="Times New Roman" size=2><A HREF="#A009">22</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=2><A HREF="#A010">Notes to Pro Forma Combined
      Statement of Operations (Unaudited)</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2><A HREF="#A010">22</A></font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
</table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>18</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Pro Forma Combined Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Introduction</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(Unaudited)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'><font size=2>The unaudited pro forma combined financial information presented herein gives effect to the purchase of Artisanal Cheese, LLC (&#147;Artisanal&#148;), by American Home Food Products, Inc. (&#147;AHFP&#148; or &#147;the Company&#148;) effective August 15, 2007. </font></p>

<p style=' margin-bottom:6pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'><font size=2>The unaudited pro forma combined balance sheet data at May 31, 2007 combines the historical condensed consolidated balance sheet of AHFP as of May 31, 2007, and Artisanal&#146;s balance sheet as of May 31, 2007.  The pro forma adjustments to the balance sheet assume that the acquisition of Artisanal was consummated at the end of the period being presented.</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'><font size=2>The unaudited combined pro forma statement of operations data being presented for the year ended May 31, 2007 combines the historical consolidated statements of operations of AHFP for the twelve months ended May 31, 2007 and Artisanal&#146;s statement of operations for the twelve months ended May 31, 2007.  The pro forma adjustments to the combined pro forma statement of operations assume that the acquisition of Artisanal was consummated on June 1, 2006.</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'><font size=2>The pro forma adjustments to the unaudited combined statement of operations give effect to events which are directly attributable to the transactions, factually supportable and expected to have a continuing impact.</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'><font size=2>The unaudited pro forma combined financial statements are intended for information purposes only and are not necessarily indicative of the future financial position or future results of operations of the combined company, or of the financial position or results of operations of the combined company that would have actually occurred had the acquisitions taken place as of the date or for the periods presented.</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'><font size=2>These unaudited pro forma combined financial statements should be read in conjunction with the financial statements, including the accompanying notes, of Artisanal which are attached, and the Company&#146;s audited financial statements for the year ended May 31, 2007 and the notes thereto included in the Company's annual report on Form 10-KSB for the year ended May 31, 2007 filed on September 7, 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>19</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<A NAME="A007"></A>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><FONT SIZE="2"><B>Pro Forma Combined Balance Sheet<BR>
May 31, 2007<BR>
(Unaudited)</B></font></p>
<BR>


<table cellpadding=0 cellspacing=0 border=0 width=100%>
  <tr valign=Bottom>
    <th><font face="Times New Roman" size=1>  </font></th>
    <th colspan=3><font face="Times New Roman" size=1>  </font></th>
    <th colspan=3><font face="Times New Roman" size=1>  </font></th>
    <th colspan=12><font face="Times New Roman" size=1>  </font><font face="Times New Roman" size=1>Pro
      Forma Adjustments  </font><font face="Times New Roman" size=1>  </font><font face="Times New Roman" size=1>
       </font><font face="Times New Roman" size=1>  </font></th>
    <th>&nbsp;</th>
  </tr>
  <tr>
    <td></td>
    <td colspan=2>&nbsp;</td>
    <td></td>
    <td colspan=2>&nbsp;</td>
    <td></td>
    <td colspan=12 align=RIGHT> <hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <th><font face="Times New Roman" size=1>  </font></th>
    <th>&nbsp;</th>
    <th><font face="Times New Roman" size=1>AHFP  </font></th>
    <th>&nbsp;</th>
    <th>&nbsp;</th>
    <th><font face="Times New Roman" size=1>Artisanal  </font></th>
    <th>&nbsp;</th>
    <th>&nbsp;</th>
    <th><font face="Times New Roman" size=1>Debits  </font></th>
    <th>&nbsp;</th>
    <th nowrap><font face="Times New Roman" size=1>Notes (1)  </font></th>
    <th>&nbsp;</th>
    <th>&nbsp;</th>
    <th><font face="Times New Roman" size=1>Credits  </font></th>
    <th>&nbsp;</th>
    <th><font face="Times New Roman" size=1>Notes  </font></th>
    <th>&nbsp;</th>
    <th>&nbsp;</th>
    <th><font face="Times New Roman" size=1>Pro Forma  </font></th>
    <th>&nbsp;</th>
  </tr>
  <tr>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=31% align=LEFT><strong><font face="Times New Roman" size=1>ASSETS
       </font></strong></td>
    <td width=2% align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=2% align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong><font face="Times New Roman" size=1>CURRENT ASSETS
       </font></strong></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Cash  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1> 18,159  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
       </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1> 13,666  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
       </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1> 850,000  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
       </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>1  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
       </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1> 3,298,608
       </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
       </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>3  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;
       </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1> 1,391,314
       </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 3,900,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>2  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 91,903  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>4  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Royalty/license receivable
       </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>30,845  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>30,845  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Accounts receivable,
      net  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>287,990  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>47,972  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>3  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>240,018  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Accounts receivable - related
      party  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>346,844  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>346,844  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>3  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Inventory  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>225,792  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>225,792  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Prepaid expenses and other
      current assets  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>12,635  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>12,635  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Total Current
      Assets  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>49,004  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>886,927  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>4,750,000  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>3,785,327  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>1,900,604  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Property and equipment,
      net  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>866,587  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>866,587  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Intangibles,
      at cost  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>389,647  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>389,647  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>1  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Cost in excess of assets
      acquired  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>3,857,229  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>3  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>3,857,229  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Other assets
       </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>81,755&nbsp;
       </font></td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>81,755  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td height="16" align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>Total
      Assets</strong>  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 438,651  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 1,835,269  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 8,607,229  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 4,174,974  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 6,706,175  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr>
    <td></td>
    <td colspan=3></td>
    <td colspan=3></td>
    <td colspan=2 align=RIGHT>&nbsp;</td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT>&nbsp;</td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT>&nbsp;</td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><strong><font face="Times New Roman" size=1>LIABILITIES
      AND STOCKHOLDERS<strong>&#146;</strong> EQUITY  </font></strong></td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=center>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=center>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><strong><font face="Times New Roman" size=1>CURRENT LIABILITIES
       </font></strong></td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Current maturities
      of long-term debt  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>1,645,958  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>1,645,958  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>5  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Note payable  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>5,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>1,428,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>3  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>1,433,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Accounts payable
       </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>483,280  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>448,297  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>161,903  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>4  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>369,674  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>400,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>6  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Loan payable
      - shareholder  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>214,940  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>214,940  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>5  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Debt Due to Related Party
       </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>232,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>232,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>3  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Accrued Management
      Fee to Related Party  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>655,561  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>655,561  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>3  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Advances by Related Parties
       </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>595,335  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>595,335  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>3  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Deferred Revenue
       </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>96,581  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>96,581  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Accrued expenses and other
      liabilities  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>843,590  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>26,198  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>73,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>1  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>657,002  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
       </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>139,786&nbsp;
       </font></td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=center><font face="Times New Roman" size=1>5  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Accrued payroll taxes  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>545,607  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>545,607  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Total Current
      Liabilities  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>3,738,375  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>2,053,972  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>4,118,483  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>1,428,000  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>3,101,864  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Commitments and Contingencies
       </font></td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1><strong>STOCKHOLDERS&#146;
      EQUITY</strong>  </font></td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=center>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=center>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=RIGHT>&nbsp;</td>
    <td width="2%" align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Preferred stock  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>3,900,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>2  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>3,900,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Common stock
       </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>4,541  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>1,675  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>5  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>6,616  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
       </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>400  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>6  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Member&#146;s
      Contributions  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>2,572,650  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>2,572,650  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;3  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Paid in capital  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>8,254,816  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>1,999,009  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>5  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>10,783,425  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;
       </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>399,600  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>6  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>130,000  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>4  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Accumulated
      deficit  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>(11,559,083
       </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>)  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>(2,791,353
       </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>)  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>60,000  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>4  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>2,791,353  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>3  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>(11,085,730
       </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>)  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>533,353  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>1  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>Total Stockholders&#146;
      Equity  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>(3,299,726
       </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>)  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>(218,703  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>)  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>2,632,650  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>9,755,390  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td width="2%" align=RIGHT><font face="Times New Roman" size=1>3,604,311  </font></td>
    <td width="2%" align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Total Liabilities and  </font></td>
  </tr>
  <tr valign=Bottom>
    <td height="20" align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;Stockholders&#146;
      Equity  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 438,651  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 1,835,269  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 6,751,133  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 11,183,390  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$  </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> 6,706,175  </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;  </font></td>
  </tr>
  <tr>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
    <td align=center>&nbsp;</td>
    <td></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
</table>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>20</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<A NAME="A008"></A>
<p style=' margin-bottom:3pt; margin-top:12pt;text-align:center;'><b><font SIZE=2>NOTES TO PRO FORMA COMBINED BALANCE SHEET</font></b></p>

<p style=' margin-bottom:3pt; margin-top:12pt;text-align:center;'><b><font size=2>May 31, 2007</font></b></p>

<p style=' margin-bottom:3pt; margin-top:12pt;text-align:center;'><b><font size=2>(Unaudited)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="379" style='border-collapse:collapse'>
    <tr >
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>(1)</font></p> </td>
        <td  colspan="2" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Reflects the sale of intangible assets by AHFP in August 2007.</font></p> </td> </tr>
    <tr >
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>(2)</font></p> </td>
        <td width="261" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Reflects the sale of preferred stock by AHFP.</font></p> </td>
        <td  width="93">
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr></table>

<table width="600" border="0" cellspacing=0 cellpadding=0 style='border-collapse:collapse'>
    <tr >
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>(3)</font></p> </td>
        <td width="696" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Reflects the acquisition of Artisanal by AHFP and the recording as intangible assets the excess of the purchase price of the common stock and the other direct costs incurred by AHFP over the assets acquired and liabilities assumed in the transaction.</font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:0.25in;text-align:justify;'><font size=2>The following table sets forth the preliminary allocation of the purchase price:</font></p>

<BR>

<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=10% align=LEFT>&nbsp;</td>
    <td width=73% align=LEFT><font face="Times New Roman" size=2>Total purchase
      price</font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=3% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td width=10% align=RIGHT><font face="Times New Roman" size=2> 4,498,608</font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=2>Less assets acquired:</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=2>Accounts receivable</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(287,008</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=2>Inventory</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(203,475</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=2>Other current assets</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(35,175</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=2>Long - term assets</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(861,237</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr>
    <td colspan=4></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=2>Total tangible assets acquired</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>(1,386,895</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>)</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=RIGHT>&nbsp;</td>
    <td align=LEFT>&nbsp;</td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=2>Liabilities assumed</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>745,516</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=4></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT>&nbsp;</td>
    <td align=LEFT><font face="Times New Roman" size=2>Cost in excess of net tangible
      assets acquired</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2>$</font></td>
    <td align=RIGHT><font face="Times New Roman" size=2> 3,857,229</font></td>
    <td align=LEFT><font face="Times New Roman" size=2>&nbsp;</font></td>
  </tr>
  <tr>
    <td colspan=4></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td></td>
  </tr>
</table>


<BR>

<table border="0" cellspacing=0 cellpadding=0 width="513" style='border-collapse:collapse'>
    <tr >
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>(4)</font></p> </td>
        <td width="489" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Reflects the settlement of outstanding obligations of AHFP for cash and common stock.</font></p> </td> </tr>
    <tr >
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>(5)</font></p> </td>
        <td width="489" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Reflects the settlement of outstanding obligations of AHFP for cash and common stock.</font></p> </td> </tr>
    <tr >
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>(6)</font></p> </td>
        <td width="489" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Reflects the settlement of outstanding obligations of AHFP for cash and common stock.</font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>21</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<A NAME="A009"></A>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2><b>Pro Forma Combined Statement of Operations<BR>
                Year ended May 31, 2007<BR>
                      (Unaudited)</b></font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>



<table cellpadding=0 cellspacing=0 border=0 width=600>
  <tr valign=Bottom>
    <th><font face="Times New Roman" size=1> </font></th>
    <th colspan=2><font face="Times New Roman" size=1>AHFP </font> <hr noshade color=#808080 size=1></th>
    <th><font size="1"></font></th>
    <th colspan=2><font face="Times New Roman" size=1>Artisanal </font> <hr noshade color=#808080 size=1></th>
    <th><font size="1"></font></th>
    <th nowrap><font face="Times New Roman" size=1>Pro Forma<br>
      Adjustments </font> <hr noshade color=#808080 size=1></th>
    <th nowrap><font size="1"></font></th>
    <th nowrap><font face="Times New Roman" size=1>Notes (1) </font> <hr noshade color=#808080 size=1></th>
    <th nowrap><font size="1"></font></th>
    <th colspan=2 nowrap><font face="Times New Roman" size=1>Combined </font>
      <hr noshade color=#808080 size=1></th>
    <th><font size="1"></font></th>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td width=51% align=LEFT><font face="Times New Roman" size=1>Revenue </font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=1>$ </font></td>
    <td width=7% align=RIGHT><font face="Times New Roman" size=1> 245,660 </font></td>
    <td width=4% align=LEFT><font face="Times New Roman" size=1>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=1>$ </font></td>
    <td width=7% align=RIGHT><font face="Times New Roman" size=1> 6,079,251 </font></td>
    <td width=4% align=LEFT><font face="Times New Roman" size=1>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
    <td width=8% align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td width=3% align=LEFT><font face="Times New Roman" size=1>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
    <td width=3% align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td width=1% align=LEFT><font face="Times New Roman" size=1>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
    <td width=1% align=RIGHT><font face="Times New Roman" size=1>$ </font></td>
    <td width=7% align=RIGHT><font face="Times New Roman" size=1> 6,324,911 </font></td>
    <td width=2% align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Cost of goods sold </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>3,643,779 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>3,643,779 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=RIGHT><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=1>Gross profit </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>245,660 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>2,435,472 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>2,681,132 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Operating expenses (income)
      </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=1>Selling, general and administrative
      expenses </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>424,329 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>3,019,801 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(618,681 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=center><font face="Times New Roman" size=1>1</font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>2,825,449 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Depreciation </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>148,572 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>120,000 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>2</font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>268,572 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=1>Operating income (loss)
      </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(178,669 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(732,901 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>498,681 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(412,889 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Interest expense, net </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(185,764 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(34,162 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>185,764 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>3</font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(25,000 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font size="1">&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>34,162 </font></td>
    <td align=LEFT><font size="1">&nbsp;</font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;4</font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font size="1">&nbsp;</font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(25,000 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>)&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp;5</font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Other income (expense),
      net </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>63,840 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>63,840 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=center><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=1>Income (loss) before income
      taxes </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(364,433 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(703,223 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>693,607 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(374,049 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Provision for income taxes
      </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=center><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=1>Net loss before preferred
      dividend </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(364,433 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(703,223 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>693,607 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(374,049 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
  </tr>
  <tr valign=Bottom>
    <td height="14" align=LEFT><font face="Times New Roman" size=1>Preferred dividends
      </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&#151; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>468,000 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>6</font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>468,000 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=center><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=1></td>
    <td><font size="1">&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=1>Net loss available to common
      shareholders </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(364,433 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(703,223 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>225,607 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>(842,049 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
  </tr>
  <tr>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=RIGHT><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=center><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Basic net income (loss)
      per share </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> (0.09 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> (0.13 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
  </tr>
  <tr>
    <td height="21"><font size="1">&nbsp;</font></td>
    <td colspan=2><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=RIGHT><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=center><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=1>Basic weighted average
      shares outstanding </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>4,082,224 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>2,241,194 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>7</font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>6,323,418 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=RIGHT><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=center><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
  </tr>
  <tr valign=Bottom>
    <td align=LEFT><font face="Times New Roman" size=1>Diluted net income (loss)
      per share </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> (0.09 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>$ </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1> (0.13 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>) </font></td>
  </tr>
  <tr>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=RIGHT><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=center><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
  </tr>
  <tr valign=Bottom bgcolor="#eaf9e8">
    <td align=LEFT><font face="Times New Roman" size=1>Diluted weighted average
      shares outstanding </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>4,082,224 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=center><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>&nbsp; </font></td>
    <td align=RIGHT><font face="Times New Roman" size=1>6,323,418 </font></td>
    <td align=LEFT><font face="Times New Roman" size=1>&nbsp; </font></td>
  </tr>
  <tr>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=RIGHT><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td align=center><font size="1">&nbsp;</font></td>
    <td><font size="1">&nbsp;</font></td>
    <td colspan=2 align=RIGHT><hr noshade color=#808080 size=2></td>
    <td><font size="1">&nbsp;</font></td>
  </tr>
</table>
<BR>







<A NAME="A010"></A>

<p style=' margin-bottom:3pt; margin-top:12pt;text-align:center;'><b><font SIZE=2>NOTES TO PRO FORMA COMBINED STATEMENT OF OPERATIONS<BR><BR>YEAR ENDED MAY 31, 2007</font></b></p>

<p style=' margin-bottom:3pt; margin-top:12pt;text-align:center;'><b><font size=2>(Unaudited)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><font size=2>&nbsp;</font></p>





<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<table width=600 cellpadding=0 cellspacing=0 border=0>
  <tr valign=TOP>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>(1) </font></td>
    <td width=95%><div align="justify"><font face="Times New Roman, Times, Serif" size=2>Reflects
        the reduction in management fees paid to a related party since the acquisition
        did not contemplate payment of any management fees.</font></div></td>
  </tr>
</table>
<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<table width=600 cellpadding=0 cellspacing=0 border=0>
  <tr valign=TOP>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>(2) </font></td>
    <td width=95%><div align="justify"><font face="Times New Roman, Times, Serif" size=2>Reflects
        an estimate of amortization of intangible assets acquired in the acquisition
        of Artisanal.</font></div></td>
  </tr>
</table>
<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<table width=600 cellpadding=0 cellspacing=0 border=0>
  <tr valign=TOP>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>(3) </font></td>
    <td width=95%><div align="justify"><font face="Times New Roman, Times, Serif" size=2>Reflects
        reduction of interest expense for debt converted to equity or repaid by
        AHFP at the close of the transaction.</font></div></td>
  </tr>
</table>
<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<table width=600 cellpadding=0 cellspacing=0 border=0>
  <tr valign=TOP>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>(4) </font></td>
    <td width=95%><div align="justify"><font face="Times New Roman, Times, Serif" size=2>Reflects
        reduction of interest expense for debt converted to equity or repaid by
        Artisanal at the close of the transaction</font></div></td>
  </tr>
</table>
<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<table width=600 cellpadding=0 cellspacing=0 border=0>
  <tr valign=TOP>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>(5) </font></td>
    <td width=95%><div align="justify"><font face="Times New Roman, Times, Serif" size=2>Reflects
        interest expense on new debt incurred for the acquisition.</font></div></td>
  </tr>
</table>
<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<table width=600 cellpadding=0 cellspacing=0 border=0>
  <tr valign=TOP>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>(6) </font></td>
    <td width=95%><div align="justify"><font face="Times New Roman, Times, Serif" size=2>Reflects
        accrual of preferred dividend on new preferred stock sold to finance the
        acquisition.</font></div></td>
  </tr>
</table>
<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<table width=600 cellpadding=0 cellspacing=0 border=0>
  <tr valign=TOP>
    <td width=5%><font face="Times New Roman, Times, Serif" size=2>(7) </font></td>
    <td width=95%><div align="justify"><font face="Times New Roman, Times, Serif" size=2>Reflects
        additional common shares issued in satisfaction of liabilities as part
        of the transaction. Shares to be issued on conversion of preferred stock
        are not included because they would be anti-dilutive.</font></div></td>
  </tr>
</table>
<br>




<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>22</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<pAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font SIZE=2>SIGNATURES </font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:0.34in;text-align:left;'><font size=2>Pursuant to the requirements of the Securities Exchange Act of 1934, Universal has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=1>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="100%" >
    <tr >
        <td width="14" >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="317" >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="29" >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="317" >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr >
        <td  colspan="3" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="29" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="3" valign=top >
            <p style='margin-left:12.0pt;text-indent:-12.0pt'><font size=2>American Home Food Products, Inc.</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  colspan="3" style=' height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="2" style=' height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="4" style=' height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr >
        <td  colspan="3" valign=top >
            <p style='margin-left:12.0pt;text-indent:-12.0pt'><font size=2>DATE: December 21, 2007</font></p> </td>
        <td width="7" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="29" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" valign=bottom style='border-bottom:solid black 1.0pt; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="3" valign=top style=' border-bottom:solid black 1.0pt; '>
            <p style='margin-left:12.0pt;text-indent:-12.0pt'><font size=2>/s/ Daniel Dowe</font></p> </td> </tr>
    <tr >
        <td width="14" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="317" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="29" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="3" valign=top >
            <p style='margin-top:0in;margin-right:0in;margin-bottom:.75pt;margin-left: 12.0pt;text-indent:-12.0pt'><font size=2>Chairman and Chief Executive Officer</font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>23</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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