As of December 6, 2001, upon its merger with Blue Flying Fish, Inc., AdPads has become a diversified holding company currently comprised of four operating subsidiaries: Buhl Industries ("Buhl"); First America Mortgage Group ("FAMG"); BFF Services ("BFF Services") and newly formed Blue Flying Fish Merchandising Group, ("BFF Merchandising Group"). Our business strategy is to selectively add additional business lines to our operations via organic growth and acquisitions. We also seek to identify potential acquisitions that evidence clear turnaround potential which will benefit from the experience of our growing management team.