The Company primarily has focused its efforts over the past four and one half years in acquiring and financing proved producing oil and gas properties (including leases, wells, and equipment having current production and potential for additional development) from other companies. We have also been prospecting, gathering data and facts, for potential acquisition of staffed or unstaffed oil and gas company interests on a 100% or majority basis. Historically the Company's revenues began with retail operations from our oil field inventory and supply operations located in Stephens, Arkansas, Producers Supply, Inc., which a wholly owned subsidiary of the Company. Our entry into the oil and gas business and the initial production of oil began on September 29, 2000 from acquisition majority working and net revenue interests in 10 operating, 9 producing oil wells located in Young County, Olney Texas. In 2003 the Company under board approval disposed of the existing segment operations, and to commence with plans both for diversification for the Company's segment operations, and additionally for expansion for its oil division with a goal to restructure and increase the oil divisional revenue production project base to both domestically and overseas operations.
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