REPORT OF OPPENHEIM & OSTRICK, CPA's
                              INDEPENDENT AUDITORS


The Board of Directors and Shareholders of
Digital Technologies Media Group, Inc.


We have audited the  accompanying  balance sheet of Digital  Technologies  Media
Group,  Inc. as of December  31,  1998 and 1999 and the  related  statements  of
income,  shareholder's  equity,  and cash flows for each of the two years  ended
December 31, 1999.  These  financial  statements are the  responsibility  of the
Company's  management.  Our  responsibility  is to  express  an opinion on these
financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted
in the United States. Those standards require that we plan and perform the audit
to obtain reasonable  assurance about whether the financial  statements are free
of material misstatement. An audit includes examining, on a test basis, evidence
supporting  the amounts and  disclosures in the financial  statements.  An audit
also includes assessing the accounting principles used and significant estimates
made by  management,  as well as  evaluating  the  overall  financial  statement
presentation.  We believe  that our audits  provide a  reasonable  basis for our
opinion.

In our opinion the financial statements referred to above present fairly, in all
material respects,  the financial position of Digital  Technologies Media Group,
Inc.  as of  December  31,  1998  and  1999 and the  result  of its  operations,
shareholder's  equity and its cash flows for the year ended December 31, 1999 in
conformity with accounting principles generally accepted in the United States.



/s/ Mr. Gil Ostrick
------------------------
Culver City, California
April 4, 2000


                                      F-2
<PAGE>

                     DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
                                  BALANCE SHEET
                                DECEMBER 31, 1999


ASSETS

Current assets:
  Cash                                                       $        74

Other assets:
  Security deposits                                                  630
                                                             -----------
       Total assets                                          $       704
                                                             ===========

LIABILITIES AND SHAREHOLDER'S EQUITY

Current liabilities:
  Accounts payable - related party                           $     7,227
  Accrued expenses                                               127,293
  Loans payable - related party                                    1,000
                                                             -----------
                Total current liabilities                    $   135,520

Long-term liabilities:
  Prepetition liabilities                                        565,549
                                                             -----------
       Total liabilities                                     $   701,069

Shareholder's equity:
  Common stock par value $.01 25,000,000 shares
    authorized, issued and outstanding 3,790,627 shares           25,732
  Paid-in capital                                                508,704
  Accumulated deficit                                         (1,234,801)
                                                             -----------
       Total shareholder's deficit                              (700,365)
                                                             -----------
       Total liabilities and shareholder's equity            $       704
                                                             ===========






                             See accompanying notes

                                      F-3

<PAGE>

                     DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
                               STATEMENT OF INCOME
                   FOR YEARS ENDED DECEMBER 31, 1998 AND 1999


                                              Years Ended December 31,

                                                  1998        1999
                                              (Unaudited)
                                              -----------   ---------
Revenues                                       $       0    $       0
                                              -----------   ---------
Operating expenses:
  General and administrative                      16,632      143,240
                                              -----------   ---------
Loss before income tax                           (16,632)    (143,240)

Provision for income tax                               0            0
                                              -----------   ---------
Net loss                                       $ (16,632)   $(143,240)
                                              ===========   =========


Loss per share:
  Basic                                        $       0    $    $.04

Shares used to compute basic earnings
Per share                                      3,790,627    3,790,627


















                             See accompanying notes

                                      F-4


<PAGE>
<TABLE>
<CAPTION>
                             DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
                               STATEMENT OF SHAREHOLDER'S EQUITY
                           FOR YEARS ENDED DECEMBER 31, 1998 AND 1999

                                 Common Stock            Paid-in    Accumulated
                                    Shares     Amount    Capital      Deficit        Total
                                  ---------  ---------  ---------   ------------   ----------
<S>                             <C>         <C>        <C>         <C>            <C>

Balance at January 1,
1998 (unaudited)                  3,790,627  $  25,732  $ 508,704   $(1,074,929)   $(540,473)

Net loss (unaudited)                      0          0          0       (16,632)     (16,632)

Balance at December 31,
1998                              3,790,627     25,732    508,704    (1,091,561)    (557,125)

Net loss                                  0          0          0      (143,240)    (143,240)
                                  ---------  ---------  ---------   ------------   ----------
Balance at December 31, 1999      3,790,627  $  25,732  $ 508,704   $(1,234,801)   $(700,365)
                                  =========  =========  =========   ============   ==========












</TABLE>








                                            See accompanying notes

                                                      F-5
<PAGE>

                     DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
                             STATEMENT OF CASH FLOWS
                   FOR YEARS ENDED DECEMBER 31, 1998 AND 1999


                                              Years Ended December 31,
                                                   1998         1999
                                               (Unaudited)
                                               -----------  ----------
OPERATING ACTIVITIES:
  Net loss                                     $(16,632)    $(143,240)

CHANGES IN OPERATING ASSETS AND LIABILITIES:
  Security deposits                                (130)         (500)
  Accounts payable                                    0         3,383
  Accrued expenses                                    0       127,293
                                               ---------     ----------
    Net cash used by operating activities       (16,762)      (13,064)

FINANCING ACTIVITIES:
  Loans from related party                            0         1,000
  Loans payable - Prepetition debt               23,900         5,000
                                               ---------      --------
    Net cash provided by financing activities    23,900         6,000
                                               ---------      --------
    Net increase (decrease) in cash               7,138        (7,064)

    Cash, beginning of year                           0         7,138
                                               ---------      --------
    Cash, end of year                         $   7,138     $      74

SUPPLEMENTAL CASH FLOW DISCLOSURES:
  Income tax paid for the years               $       0     $       0

  Interest expense paid for the years         $       0     $       0















                             See accompanying notes

                                      F-6

<PAGE>
                     DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
                          NOTE TO FINANCIAL STATEMENTS
             FOR YEARS ENDED DECEMBER 31, 1998 (UNAUDITED) AND 1999


1. Summary of significant accounting policies:

Business

Digital  Technologies Media Group, Inc., a Delaware corporation is the debtor in
a Chapter 11 bankruptcy case. On January 26, 1999,  Digital  Technologies  Media
Group,  Inc. (the  "Debtor"),  commenced a bankruptcy case by filing a voluntary
Chapter 11 petition under the United States Bankruptcy Code ("Code"),  11 U.S.C.
S 101 et seq.  Chapter  11 allows  the  Debtor,  and under  some  circumstances,
Creditors  and other  parties in interest,  to propose a plan of  reorganization
("Plan").

The Plan is a reorganizing plan. In other words, the Debtor seeks to satisfy its
obligations to Creditors by issuing its securities  pursuant to the terms of the
Plan.  The  reorganized  Debtor  will change its name to Central  Coast  Capital
Venture  Corporation,  and  will  become  a Nevada  corporation,  operating  and
conceived  as a closed  end  mutual  fund,  specifically  designed  to engage in
investments of startup (venture capital) companies.  The Reorganized Debtor will
be engaged as a Business Development  Corporation (a "BDC") under the Investment
Company Act. The  Reorganized  Debtor's  common stock will be distributed to the
Debtor's  Creditors  and  Interest  Holders  in  exchange  for their  Claims and
Interests. As a result of the Plan, Debtor's secured Creditors will hold a 2.31%
ownership interest in the Reorganized  Debtor,  general unsecured creditors will
hold a 21.47%  ownership  interest  in the  Reorganized  Debtor;  and,  Interest
Holders will hold a 1.34% interest in the Reorganized Debtor.

The  Reorganized  Debtor  will be a Business  Development  under the  Investment
Company Act. The Reorganized  Debtor's investment objective will be to invest in
companies  with  gross  sales of less  than  $500,000  per  annum  and  selected
situations (such as leveraged buyouts and established  business operations) that
will benefit from long-term capital growth.  The Reorganized  Debtor will derive
its income  through  management  consulting  fees and profit from the  selective
sales of the companies contained in its investment portfolio.

The Effective  Date of the proposed Plan is the later of (i) the first  business
day after the eleventh  (11th) day following  Confirmation  of the Plan; or (ii)
the first  business  day after such date on which there is not force any stay of
injunction against the enforcement of the Plan or the Confirmation  Order. It is
anticipated that the Effective Date of the Plan will be May 1, 2000.

                                      F-7
<PAGE>
                     DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
                          NOTE TO FINANCIAL STATEMENTS
             FOR YEARS ENDED DECEMBER 31, 1998 (UNAUDITED) AND 1999


1. Summary of significant accounting policies (cont'd):

Events Leading to Chapter 11 Filing

The Debtor was organized January 15, 1949 in the State of Utah under the name of
Oil Securities Company,  Inc. In July 1984, the original  corporation was merged
into Oil Securities, Inc., a Nevada corporation,  formed for the sole purpose of
effecting  the merger.  Thereafter,  when its oil and gas business  failed,  the
Debtor files a chapter 11 case.  The Debtor  emerged from chapter 11 in or about
1990.  Thereafter,  to facilitate a merger,  on July 30, 1996, the Debtor merged
into Miller & Benson  International,  Ltd., a dormant  Delaware  Public  Holding
Company,  which then changed its name to Digital Technologies Media Group, Inc.,
to facilitate its new business. The new business of the Debtor was to capitalize
on the growth in the  distribution  of multimedia  programming.  The Debtor is a
pubic company whose stock is not currently listed for trading.

Digital  Technologies  Media Group,  Inc.  (the  Company) was organized in April
1995,  a Delaware  corporation  for the  purpose of funding the  development  of
television programming and to interface with new technologies.  In May 1995, the
company acquired certain rights and accounts  receivables to distribute the film
assets of Communication Services International (CSI) for convertible debt, which
was  then   converted  into  common  stock  in  1995.  In  1996,  the  Company's
relationship  with CSI fell apart over the  creditability  of the acquired  film
operation.  In 1997,  the President of CSI resigned and the Board  rescinded the
common stock shares of CSI and four other employees.  According to management by
the end of December 31,  1997,  CSI  transaction  was  rescinded  and all of its
assets and liabilities were removed from the company's books. Also at the end of
December  1997,  the  company  had no assets  and was not a going  concern.  The
company filed a petition  Chapter 11 (Debtor in Possession)  with the Bankruptcy
court effective January 26, 1999.

Income Taxes

         Income taxes are accounted for using the liability method in accordance
with SFAS No. 109,  "Accounting  for Income Taxes." Under this method,  deferred
tax   liabilities  and  assets  are  recognized  for  the  expected  future  tax
consequences of temporary  differences  between the carrying amounts and the tax
bases of assets and liabilities.

Earnings Per Share

         The company  calculates  earnings per share in accordance with SFAS No.
128,  Earnings per share. Both earnings per share have been computed by dividing
net loss by the weighted average common shares  outstanding.  They are currently
no dilutive shares impacting earnings or losses.


                                      F-8
<PAGE>
                     DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
                          NOTE TO FINANCIAL STATEMENTS
             FOR YEARS ENDED DECEMBER 31, 1998 (UNAUDITED) AND 1999


2. Going Concern:

The bankruptcy court approved the purchase of DATA systems Information,  Inc. on
February 9, 2000 even if the plan is not confirmed on the 18th of April,  in the
opinion if its bankruptcy attorney, the Debtor will continue to operate and will
eventually obtain approval of the plan.  According to recent unaudited financial
statements of Data Net Information's Systems, Inc., it has a positive cash flow.
The Debtor also received  $310,000 by issuing Debtor notes.  This will allow the
company to operate for at least  twelve (12) months from the balance  sheet date
and eliminate the going concern issue.

3. Summary of the Plan of Reorganization

Administrative Expenses

     Debtor in possession  expenses for the bankruptcy  proceedings for services
rendered by a law firm and two other individuals shall receive a distribute of 4
units of the  Reorganized  Debtors  securities  for each dollar owed in full and
complete satisfactory of their allowed claims for fees. At December 31, 1999 the
accrued  expenses owing to the above group was $127,293.  Both  individuals  are
stockholders  and  related  parties.  It is  estimated  that this group will own
approximately 25.2% of the reorganized debtor.

Debtors common stock as follows:

 Law firm                                   9.6%
 Two individuals (own equal amounts)       15.6%
                                           25.2%

Prepetition Liabilities:

Secured Claims

     Secured  claims  are  claims  secured  by liens on  certain  assets  of the
company.  The total of such loans payable by secured  creditors totaled $28,900.
These claims will receive a distribution of 2 units of the  Reorganized  Debtors
securities  for each  dollar  owed in full and  final  payment  and in  complete
satisfaction  of  their  claims.  It is  estimated  that  this  group  will  own
approximately 2% of the Reorganized Debtors common stock when issued.

General Unsecured Creditors

     This group is owed  approximately  $536,649 and will receive a distribution
of one unit of the Reorganized  Debtors  securities for each dollar owed in full
and final payment and complete satisfaction of their claims.



                                      F-9
<PAGE>
                     DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
                          NOTE TO FINANCIAL STATEMENTS
             FOR YEARS ENDED DECEMBER 31, 1998 (UNAUDITED) AND 1999


3. Summary of the Plan of Reorganization (cont'd):

General Unsecured Creditors (cont'd)

     It is  estimated  that  this  group  will  own  approximately  21%  of  the
Reorganized  Debtors  common  stock.  Under  the plan  units of the  Reorganized
Debtors  securities means the securities of the company  consisting of one share
of common  stock of the  Reorganized  Debtor and one Class A warrant to purchase
the Reorganized  Debtor's common stock. Also all three groups will receive their
respective pro rata  distribution  of 30% of the Data Net  Information  Systems,
Inc.  Common stock when issued and 30% of the Digi Commerce  Corporation  common
stock when issued.

Units of Reorganized Debtor's Securities

     Under  the  Plan  "Unit(s)  of  Reorganized   Debtor's   Securities"  means
securities of the Reorganized  Debtor consisting of one share of common stock of
the  Reorganized  Debtor and one Class A warrant  to  purchase  the  Reorganized
Debtor's  common stock.  The Class A warrant  shall allow the warrant  holder to
purchase one share of common stock of the Reorganized Debtor at a price of $5.00
per share at any time within one year from the effective date. Upon the exercise
of the Class A  warrant,  the  warrant  holder  also shall  receive  one Class B
warrant to purchase the  Reorganized  Debtor's  common  stock.  The terms of the
Class B warrant shall be set by the board of directors of the Reorganized Debtor
at least ninety days subsequent to the effective date of the plan.

     This pro rata distribution means that DATA common stock and the Digi common
stock will be disturbed on a pro rata basis to creditors and  Interests  Holders
based upon the number of Units such parties hold.

Purchase of Data Net Information Systems, Inc. (DATA)

     Bankruptcy Court has already approved the Debtor's acquisition of 1,000,000
shares of DATA common stock which  represents 100% of its outstanding  shares in
exchange for the Debtor's Class A preferred stock. Each share of preferred stock
will equal ten shares of DATA  common  stock  owned.  The  purchase  of all DATA
common stock will result in DATA's shareholders owning 100,000 shares of Class A
preferred stock of Digital Technologies Media Group Inc. The acquisition of DATA
also  requires  a $100,000  capital  contribution  from the  company to DATA for
working capital.  Furthermore the company will provide Data with a commitment to
provide  $1,000,000 in funding over the next two years.  It is anticipated  that
the $100,000 in working capital  contribution  will be funded from debtors notes
described below. The plan proposes that after  registration  with the SEC of the
Data  Securities,  the  Reorganized  Debtor  will  distribute  30% of  the  Data
securities owned by it to the  shareholders who are to receive  securities under
the plan on a pro-rata basis.

     The Debtor has recently obtained court approval to borrow up to $310,000 by
issuing  Debtor notes.  The interest  rates on such notes shall be 10% per annum
and the notes are one year notes.

                                      F-10
<PAGE>
                     DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
                          NOTE TO FINANCIAL STATEMENTS
             FOR YEARS ENDED DECEMBER 31, 1998 (UNAUDITED) AND 1999


3. Summary of the Plan of Reorganization (cont'd):

Purchase of Data Net Information Systems, Inc. (DATA) (cont'd):

The notes can be  converted  at the  election  of the  holder of such notes upon
confirmation  of the plan to Units of the  Reorganized  Debtor as defined in the
plan at a ratio of four (4) Units of the  Reorganized  Debtor's  securities  for
each one dollar ($1.00) owned.  This financing  provided Digital with sufficient
capital to  purchase  Data and fund the plan.  The notes also  provided  working
capital  to pay  certain  administrative  claims  that  must  be  paid as of the
effective date of the plan and the cost of informing all creditors, stockholders
and other  interested  parties of the company.  The debt financing also provided
working   capital  for  the   post-confirmation   operation   of  the   company.
Approximately  $23,000 of the  commitment  to fund the notes comes from  related
parties  involved in the company in prior years.  As of April 4, 2000,  $310,000
was received for the Debtor's notes. Data Common Stock is owned by the following
entities:

                                             NO. OF COMMON        NO. OF
DATA                            OWNERSHIP        DATA            PREFERRED
SHAREHOLDERS                    INTEREST        SHARES            SHARES
------------                    ---------    -------------       --------
First Portland
Corporation                        30%          300,000           30,000

Bernie Budney                      55%          550,000           55,000

Jande International Holding
LLC, a related party               15%          150,000           15,000
                                   ---        ---------           ------
                                  100%        1,000,000          100,000


     The Reorganized Debtor intends to distribute 30% or 300,000 of common stock
of DATA owned by it to shareholders who are to receive securities under the plan
on a pro rata basis based upon units held.

     The Company  intends to invest in a second company who will also distribute
30% of its common stock to Digital  Technologies  Media Corp,  Inc. (the Debtor)
shareholders  who are to receive  securities  under the plan on  pro-rata  basis
based upon units held.

4. Loan payable related party and related party transactions:

The $1000 loan payable was converted  into a note for the commitment to raise up
to $310,000 of Debtor's  notes.  The related party is one of the individuals who
was  approved  by  the  bankruptcy   court  to  provide  debtors  in  possession
administrative  services  for 3,500 per month until the plan is  confirmed.  The
other  individual who also earns $3,500 monthly for  administrative  services on
behalf of his company  entered into a rent and equipment lease totaling $750 per
month with a year's terms and then payments  month to month.  As a result of the
Debtor's  acquisition  of DATA the  above  related  party  (Jande  International
Holdings  LLC) will own 15% of DATA common stock  before the  exchange  into the
Reorganized  Debtor  class  A  preferred  stock  as  described   earlier.   Both
individuals  as a result  of their  administrative  duties  providing  debtor in
possession's  services to the company  will receive 7.8% each in common stock in
exchange for the Bankruptcy court approved accrued compensation.



                  Remainder of page intentionally left blank.

                                      F-11
<PAGE>
                     DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
                          NOTE TO FINANCIAL STATEMENTS
             FOR YEARS ENDED DECEMBER 31, 1998 (UNAUDITED) AND 1999


5. Commitment and Contingencies

Please see note 2 for  contingencies  related to the confirmation of the plan of
reorganization.  The company at December 31, 1999 had no leases expiring in more
than one year. Rent paid to a related party covering utilities and telephone for
years ended December 31, 1999 and 1998 was $6,000 and $500  respectively.  Prior
to December 1, 1998 there was no charge for rent. An office  equipment lease was
also provided  totaling $1750 for year ended December 31, 1999 and none in 1998.
The equipment lease started June 1, 1999.

The company may be involved in litigation and in legal matters from time to time
in the normal  cause of  business.  However  there are no  material  proceedings
pending or to the knowledge of management threatened against the company outside
of the plan of confirmation pursuant to Chapter 11 of the Bankruptcy Act.

6. Income Taxes

There was no income tax (benefit) for the years ended December 31, 1998 and 1999
as the company incurred losses during the two year period.

The effects of temporary differences has no net effect on deferred tax assets as
the losses  incurred  (tax loss carry  forward)  were  cancelled out entirely by
deferred tax  valuation  reserves  because of the  inability to project  taxable
income in future years.

At December  31, 1999,  the company had a net  operating  loss carry  forward of
approximately  $159,000  for Federal  Income Tax  purposes  available  to offset
future taxable income expiring on various dates beginning in 2016 and 2018.






                                      F-12