ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion should be read in conjunction with the accompanying financial statements for the nine-month period ended September 30, 2009 and the Form 10-K for the fiscal year ended December 31, 2008.

The Company remains in the development stage and has limited capital resources and stockholder's equity. At September 30, 2009, the Company had current assets in the form of cash and cash equivalents of $50,912 and liabilities of $1,150.

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 to locate a suitable acquisition/merger candidate. The Company can provide no assurance that it will continue to satisfy its cash requirements for at least the next twelve months if a suitable acquisition/merger is completed.

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 quarters ended September 30, 2009 and 2008, the Company showed net losses of $1,143 and $929, respectively. The increase in net loss for the quarter is attributable primarily to a decrease in interest income, largely as a result of the system-wide decrease in interest rates and also as a result of a decrease in the Company's deposits from which interest income is earned.