Business organization as used herein the "term Company refers to Anscott Industries Inc. and Subsidiaries, a New Jersey Corporation unless the context indicates otherwise. Learners World, Inc. was formed in New York on June 28, 1996 with the intent to own and operate facilities for the care, education and recreation of children. On September 26, 2001 (the "Effective Date"), pursuant to a Stock Purchase Agreement and Share Exchange between Learners World, Inc. ("Learners World"), and Liquidics, Inc. ("Liquidics") a Nevada corporation, Learners World acquired all of the shares of Advanced Fluid Systems, Inc. ("Advanced Fluid") from Liquidics. Pursuant to the terms of the Agreement,...