779956--4/30/2007--FASTFUNDS_FINANCIAL

related topics

{stock, price, share}

{stock, price, operating}

{debt, indebtedness, cash}

{control, financial, internal}

RISKS ASSOCIATED WITH OUR COMPANY AND HISTORY: We have no operating business The Company s balance sheet contains certain notes payable, which were due February 28, 2007. Chex is a guarantor of certain debt of HPI, and the Company s entire investment in Chex (i.e., its ownership of all outstanding Chex stock) is subject to a security interest securing such obligation. Furthermore, all of the assets of Chex are subject to a security interest for the same debt. There are currently outstanding securities convertible into or exchangeable for an aggregate of 4,329,280 shares of our common stock which, if converted or exchanged, will substantially dilute our existing stockholders. HPI is a controlling stockholder of the Company and is able to effectively control our management and operations. Our common stock trades only in an illiquid trading market, which generally results in lower prices for our common stock. We have not paid dividends to date, and have no intention of paying dividends to our stockholders.

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779956--4/30/2007--FASTFUNDS_FINANCIAL_CORP