With income of only $10,388 for two of the three months in the quarter, and expenses of $260K per quarter (and increasing!), I don't see this as being any "CASH COW" as described by SG in conversations over the phone!!!!

The following excerpts tell me that the prospect for the next 12-24 months (read 2 years plus!) being able to be a cash cow to pay off the CD holders is ZERO to none!

>>>We expect to continue to incur increased expenditures in the foreseeable future related to the development and future expansion of our new business operations. Over the next 12-month period we expect overall operating expenses to increase as we pursue business opportunities in the Internet domain and related Internet media space.

Losses

Our net loss for the three months ended May 31, 2008 was $249,575, compared to a loss of $522,784 for the same period ended May 31, 2007. Our net loss for the six months ended May 31, 2008 was $683,521, compared to a loss of $598,882 for the same period ended May 31, 2007. We expect to continue to post losses for the remainder of 2008 as we seek to increase development of our newly acquired assets. We believe that as we develop or acquire Internet domain and media related assets and businesses we can meet our goal of becoming profitable in the next 12 to 24 months. However, due to funding needs, market uncertainties and a variety of other factors that are out of our control, we cannot guarantee the accuracy of our expectations and when or if we will ever become a profitable business.<<<

No kidding!.........