ITEM 4: CHANGES IN DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURES
From the inception of the Company through the acquisition of REI and to December 31, 1996 its accountants
were Rotenberg & Company, LLP of Rochester New York. At no time have there been any disagreements with
prior or current accountants, regarding any matter of accounting principles or practices, financial disclosures, or
auditing scope or procedure.
PART 111
ITEM 1: DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS
The Directors and Executive Officers of the Company and their ages are as follows.
All Company Directors were elected upon the closing of the acquisition of REI on November 21, 1995, and
were re-elected unanimously by a majority of the shareholders represented in person and by proxy in the
Company's annual meeting held at the Company's Principal place of business on December 16, 1996, at 10:30
AM, and will remain in office until the next annual meeting of the stockholders, and until their successors have
been duly elected and qualified. There are no agreements with respect to the election of Directors. The Company
has not compensated its Directors for service on the Board of Directors and/or any committee thereof or
reimbursed for expenses incurred for attendance at meetings of the Board of Directors. Officers are appointed
annually by the Board of Directors and each executive officer serves at the discretion of the Board of Directors
Directors: The Company does not have any standing committees.
None of the Officers and/or Directors of the Company are Officers or Directors of any other publicly traded
corporation, nor have any of the Officers, Directors, Affiliates or Promoters of the Company filed any bankruptcy
petition, been convicted of or have been the subject of any criminal proceedings, or the subject of any order,
judgment, or decree involving the violation of any state or federal securities laws within the past five years.
At present all the Officers and Direct