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Our Company Today

Our current portfolio of investments in Japan, Philippines and South Korea exemplify our approach to identifying, analyzing and investing in opportunities, and the capabilities and resources we subsequently bring to enhancing the business, and our shareholders' returns.

Employees

As of September 30, 2009, the Company employs two executives.

Business Process Outsourcing
 In the Philippines, we acquired 100% of Shift Resources Inc. on April 10, 2008 and Asia Premier Executive Suites Inc. on May 27, 2008, multi-service call center operations that have now been merged into a single company operating as Global Hotline Philippines.

Proposed Korean VC Investment

On December 18, 2009, the Company received an investment of 200 million Yen, or approximately $2.2 million at current exchange rates, from the Inter Asset Japan LBO No. 1 Fund. The Company has tentatively allocated $2.0 million of the investment to establish a venture capital fund in South Korea, and it expects to use the remaining $0.2 million for working capital purposes. The Company's $2.0 million will be part of a larger, Korean government-backed venture fund that is expected to raise approximately $30 million in its first round of financing by early 2010. TOZAI Holdings Inc. ("TOZAI"), a company traded on the Korean Kosdaq stock market under the symbol "037700" with successful experience in investing in high-technology ventures in Korea, is facilitating the Korean government licensing and funding.
The venture fund is expected to facilitate high-tech manufacturing of solar, LCD, and touch panels in Korea. This is the Company's first step toward strengthening its position in global technical, financial, energy, and commodity markets. TOZAI and the Company intend to partner to build a solid foundation that utilizes the low-cost, highly skilled technology base in Korea to capture emerging business opportunities worldwide.

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