Our operations are in the startup phase of development.

Based in Newport Beach, California, we are currently in the business of developing and marketing a suite of stored value and financial products and services. Stored value products are broadly defined as financial instruments where the value on the card has been prepaid, and where subsequent transactions decrease the value against the balance originally loaded onto the instrument. Our core operating business is centered upon developing and marketing a broad array of stored value products and services for persons without banking relationships and persons who are underserved by existing banking facilities. These stored value products and services include:

- Association-branded (MasterCard, Visa) prepaid debit cards; - Co-branded prepaid debit products; - Private label credit products; - Online payment solutions; - Financial management tools and support; and - Credit improvement programs and strategies.

We are developing stored value products and services to deliver prepaid financial tools, online payment solutions, financial management services, and credit improvement strategies and programs. These services will be delivered to participating business partners through a secure web- based reporting system, though access to the suite of services will be granted upon the execution of a term-defined services agreement with us. Our stored value products and services can be customized to meet the changing requirements for specific customer demands.

In addition to our core operations, we intend to actively target customer service companies and financial services-related companies for acquisition. In November of 2004, we acquired virtually all of the assets of Signature Credit Corporation, a California corporation, except its cash on hand and certain rights under excluded agreements. In addition, we assumed Signature's obligations under certain agreements. Signature distributed financial products consisting of its Classic Advantage Cards and the stored value MasterCards, and sold general merchandise on spending limits to holders of these cards. We have incorporated the ongoing business of Signature into our own business. In connection with the purchase of the assets of Signature, we entered into a ninety-day consulting agreement with Dave Margolin, the sole shareholder, officer, and director of Signature, to provide us access to Mr. Margolin's experience in regard to continuation of the business of Signature by us. The consulting agreement expired in February of 2005.

Separately, in June of 2005, we acquired virtually all the call center assets of Hawaii Direct Telephone ("HDT"), a Hawaii corporation, except its cash on hand and certain rights under excluded agreements. In addition, we assumed HDT's call center obligations under certain agreements. The HDT call center assets provide inbound answering services for a wide range of local government, industry and companies across the US. We have transferred the ongoing call center assets into a wholly owned subsidiary named isleCORE Systems, Inc., a Hawaii corporation.