ompany Overview

ABCO's business objective is to provide a corporate vehicle for acquiring certain developing and operational companies that in the opinion of management hold potential for profit to the Company's shareholders. The Company intends to aggressively pursue, identify and evaluate business acquisition opportunities in various technology related fields. Unless otherwise advisable, the Company's strategy is to acquire each target as a wholly owned subsidiary, with ABCO remaining a holding company of each enterprise.

Management, with the assistance of certain professional advisers, carefully reviews identified acquisition targets. The Company's investigation and analysis of each proposed acquisition encompasses all aspects of the target's business. The Company's management and consultant team is comprised of professionals in all of the major business disciplines, including legal, accounting, finance, business valuation, human resources, marketing and sales. If the Company determines that a target meets the Company's acquisition criteria, efforts to negotiate favorable terms of acquisition will proceed.

The Company believes that opportunities to acquire certain companies exist due to industry changes, market pressures, and the uncertainty of government regulation and the investment community. Management has recognized over the past years, and is of the opinion that, as the pace of business and technology grows, many promising companies will experience significant capital and management challenges that will exceed their internal resources and capabilities. The Company believes that it has the ability to manage and develop strategic plans for such business acquisition opportunities, which are expected to enhance the market potential and profitability of each business. The Company also believes its acquisitions and turnaround management abilities will create selective opportunities for acquiring potentially profitable companies without extensive capital investment.

The Company's ability to provide strategic planning and management in the area of effective growth strategies, margin maximization, overhead expense control, development of systems, economies of scale, and effective management of utilization will enable it to develop long term, mutually beneficial relationships with its acquired business partners. The Company believes it can significantly enhance the ability of the target businesses to compete successfully in a fast changing, highly competitive business environment.