You should read the following Management's Discussion and Analysis of Financial Condition and Results of Operations together with the accompanying financial statements and related notes thereto included elsewhere in this report.
Liquidity and Capital Resources
At
The Company had no material commitments for capital expenditures at
Results of Operations
The Company has not realized any revenues from operations in the past two years, and its plan of operation for the next twelve months shall be to continue its efforts to locate a suitable acquisition/merger candidate.
It is unlikely the Company will have any revenue, other than interest income, unless it is able to effect an acquisition of or merger with an operating company, of which there can be no assurance.
For the years ended
Off-Balance Sheet Arrangements
The Company has no off-balance sheet arrangements.
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