The Company was organized under the laws of the State of Florida on July 15, 1996 under the name Alec Bradley Cigar Corporation. From inception through March 15, 2006, the Company was an importer and distributor of cigars. Since inception, the Company did not have cash flow or borrowing capacity sufficient to pay for the costs and fees of expanding its operations. Moreover, because of illiquidity in its stock, the Company's stock was not sufficiently attractive to serve as currency to fund its growth. As an OTCBB quoted company, the Company was unable to raise capital through equity offerings because it has had no institutional interest in its stock. Having determined that it no longer had a ready means by which to fund future growth central to its business plan, the board of directors has determined that it was in the Company's best interests to dispose of all or substantially all of its cigar operations. The board of directors believed that if a reverse merger was completed, the Company's shareholders would be more likely to realize increased value because its share price may increase as a result of the business and results of the operations of the surviving entity.