726516--3/31/2009--FIRST_EQUITY_PROPERTIES_INC

related topics

{stock, price, share}

{investment, property, distribution}

{provision, law, control}

{interest, director, officer}

Our governing documents contain anti-takeover provisions that make it difficult for a third party to seek to acquire control of the Company. There is no established independent trading market for the shares of common stock of the Company. Since May 1, 2004, the Company has no active business operations and no subsidiaries. The Company is managed by the Board of Directors. The Company s primary source of income is from affiliated entities.

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