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<br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br /> <br />BERMELLO, AJAMIL & PARTNERS, INC. <br />AND SUBSIDIARY <br /> <br />CONTENTS: <br /> <br />REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS <br />CONSOLIDATED FINANCIAL STATEMENTS: <br /> <br />Consolidated Balance Sheets <br /> <br />2 <br /> <br />Consolidated Statements of Operations <br /> <br />3 <br /> <br />Consolidated Statements of Changes in Stockholders' Equity <br /> <br />4 <br /> <br />Consolidated Statements of Cash Flows <br /> <br />5-6 <br /> <br />Notes to Consolidated Financial Statements <br /> <br />7 - 20 <br />