We were incorporated in the state of Nevada on January 23, 2004. Although we have previously been engaged in the research, develop and assembly of transcription factor library, we currently do not have any significant business operations.

On July 19, 2006, we entered into a Securities Purchase Agreement (the “Agreement”) with IDO Securities Limited, a privately held company organized under the laws of the State of Israel (“IDO”) that is engaged in the homeland security business, and the holders of all of the issued and outstanding share capital of IDO (collectively the...