NOTE 10 - MARKETABLE SECURITIES
The following is a summary of the Company's activity in marketable
securities for the year ended December 31, 1999:<TABLE><CAPTION>
Beginning Ending
Balance Realized Balance
Dec. 31, Gain Unrealized Dec. 31,
1998 Transfer Purchases Sales (Loss) Gain 1999
----------- ----------- ---------- ----------- ----------- ----------- ------------
<S> <C> <C> <C> <C> <C> <C> <C>
Marketable Securities
Titan - 35,760 - (21,816) ( 9,318) - 4,626
Chequemate 774,723 - - (636,191) (35,132) - 103,400
Other 11,865 - 424,189 (52,366) (1,027) 83,254 465,915
----------- ----------- ----------- ----------- ----------- ----------- ------------
Total 786,588 35,760 424,189 (710,373) (45,477) 83,254 573,941
----------- ----------- ----------- ----------- ----------- ----------- ------------
Restricted Common Stock
Laraca 289,110 - - (591,697) 468,737 - 166,150
Titan 35,760 (35,760) - - - - -
----------- ----------- ---------- ----------- ----------- ----------- ------------
Total 324,870 (35,760) - (591,697) 468,737 - 166,150
----------- ----------- ---------- ----------- ----------- ----------- ------------
$423,260 $ 83,254
=========== ===========
</TABLE>NOTE 11 - EQUITY INVESTMENT
The Company accounts for its investment in Bevex, Inc. using the equity
method of accounting. The Company owned 6,700,000 shares at December 31,
1999 and 1998.
Cost $ 469,000
Losses - 1998 (165,449)
- 1999 (49,356)
--------------
Net $ 254,195
==============
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