```

                                                                                                 June 30,     September 30,
                                                                                                   2002            2001
                                                                                               ------------    ------------
                                                                                               (unaudited)

ASSETS

Cash                                                                                           $  2,203,504    $    850,665
Certificates of deposit                                                                             370,000              --
Real estate held for sale                                                                         7,995,000       7,995,000
Real estate held for development                                                                    174,169         255,169
Mortgage loans held for sale, net                                                                58,581,564      72,221,049
Property and equipment, net                                                                       1,059,920         633,571
Accounts receivable                                                                               1,941,906       1,975,662
Investments, net                                                                                  1,937,500       1,872,405
Due from related party                                                                              540,393          47,224
Goodwill, net                                                                                     4,342,777       4,342,777
Deferred income tax benefit                                                                         364,000         460,000
Other assets                                                                                        467,781         442,734
                                                                                                ------------    ------------
         Total assets                                                                          $ 79,978,514    $ 91,096,256
                                                                                                ============    ============
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
    Accounts payable and accrued expenses                                                      $  1,554,441    $  1,539,096
    Accrued interest payable                                                                             --       1,232,768
    Notes payable - warehouse line                                                               57,771,193      71,265,897
    Notes payable                                                                                 4,967,317       6,230,902
    Due to related parties and stockholders                                                          80,000         120,000
                                                                                                ------------    ------------
         Total liabilities                                                                       64,372,951      80,388,663
                                                                                               ------------    ------------
Commitments and contingencies

Stockholders' equity (deficit):
    Preferred series B convertible stock, 2,000,000 shares authorized,
    1,650,000 shares issued and outstanding                                                       1,650,000      1,650,000
    Common stock, no par value, 800,000,000 shares authorized, 29,382,540 and 24,856,253 shares
    issued and outstanding at June 30, 2002 and September 30, 2001, respectively                  1,452,480
    Additional paid in capital                                                                   10,502,816      9,113,402
    Accumulated earnings (deficit)                                                                2,000,267        (55,809)
                                                                                               ------------    ------------
                                                                                                 15,605,563     10,707,593
    Less: Subscriptions receivable                                                                       --             --
                                                                                               ------------    ------------
        Total stockholders' equity                                                               15,605,563     10,707,593
                                                                                               ------------    ------------
        Total liabilities and stockholders' equity                                             $ 79,978,514   $ 91,096,256
                                                                                               ============    ============
```

```

                                                                                                                    (a)
                                              Three Months    Nine Months    Three Months     Nine Months
                                                 Ended          Ended           Ended            Ended
                                                June 30,       June 30,        June 30,         June 30,
                                                  2002           2002            2001             2001
                                              ------------   -------------   ------------    -------------

Revenue:
     Broker fee income                        $  3,970,477   $ 13,617,235    $  6,341,204     $16,612,844
     Real Estate Sales                             550,000        550,000         490,763         490,763
                                              ------------   -------------   ------------    -------------
          Total revenue                          4,520,477     14,167,235       6,831,967      17,103,607
                                              ------------   -------------   ------------    -------------
Operating expenses:
     Broker commissions                          1,000,006      3,051,581       2,838,232       7,941,566
     Cost of real estate sold                       81,000         81,000          53,314          53,314
     Salaries and employee benefits              1,397,257      4,319,737       1,260,697       3,751,883
     General and administrative                  1,422,733      5,155,825       1,520,085       3,735,470
     Professional expenses                         139,634        470,353         228,715         567,478
     Occupancy expense                             224,458        625,618         166,868         567,478
     Amortization of goodwill                           --          2,417          78,192         231,297
     Property taxes                                     --        (45,358)          1,462          34,406
     Depreciation and amortization                  30,757         98,507          42,365         127,427
                                              ------------   -------------   ------------    -------------
          Total operating expenses               4,295,845     13,759,680       6,189,930      16,972,518
                                              ------------   -------------   ------------    -------------
Operating profit (loss)                            224,632        407,555         642,037         131,089

Other expense (income):
     Gain on sale of note receivable                  --                --             --        (851,062)
     Gain on GCA Settlement                           --          (178,573)            --              --
     Settlement reimbursement                         --          (500,000)            --              --
     Gain on sale of Accent Mortgage                  --          (465,095)            --              --
     Debt forgiveness                                 --          (282,452)            --              --
     Interest income                                  --          (288,085)        (4,126)       (101,993)
     Other income                                (132,107)        (313,513)      (610,123)     (2,577,546)
     Interest expense                              37,707          283,198        240,015         814,093
     Other expense                                    --                --             --         707,750
                                              ------------   -------------   ------------     ------------
                                                  (94,400)      (1,744,520)      (374,234)     (2,008,758)

                                              ------------   -------------   ------------     ------------
Income before income taxes                        319,032        2,152,075      1,016,271       2,139,847
Income taxes                                     (120,000)        (216,000)             -               -
                                              ------------   -------------   ------------     ------------
Net income                                   $    199,032   $    1,936,075   $  1,016,271     $ 2,139,847
                                              ============   =============   ============     ============
Basic earnings per share                     $       0.01    $       0.08    $      0.05      $      0.11
                                              ============   =============   ============     ============
Diluted earnings per share                   $       0.01    $       0.07    $      0.04      $      0.05
                                              ============   =============   ============     ============
Weighted average shares outstanding - basic    27,912,809       27,024,097    20,232,132       17,693,934
                                              ============   =============   ============     ============
Weighted average shares outstanding - diluted  28,098,073       28,098,073    23,215,398       22,845,568
                                              ============   =============   ============     ============
```

```

                                                                                Additional
                                          Common Stock        Preferred Stock     Paid-in         Accumulated
                                      Shares     Amount    Shares   Amount        Capital           Earnings        Total
                                   -----------  --------  -------  -----------  -----------    ---------------  -------------

Balance at September 30, 2001      24,856,283  $      --       --  $ 1,650,000  $ 9,113,402    $    (55,809)    $  10,707,593

Conversion of SovCap Units            759,026         --       --           --           --              --                --

Common stock issued on
severance of director               1,500,000    702,800       --           --           --              --           702,800

Common stock issued on
settlement of GCA lawsuit           1,600,000    749,680       --           --           --              --           749,680

Common stock issued on financing
of bridge note                        197,149         --       --           --           --              --                --

Common Stock issued                   470,082

Net income                                 --         --       --           --    1,389,414       2,056,075         3,445,489
                                   ----------   ---------  -------   ---------  -----------    ------------     -------------
Balance at June 30, 2002           29,382,540  $1,452,480      --  $ 1,650,000  $10,502,816    $  2,000,266     $  15,605,562
                                   ==========   ========= ========  ==========  ===========    ============     =============
```

```

                                                                                Nine Months          Nine Months
                                                                                   Ended                Ended
                                                                                  June 30,             June 30,
                                                                                    2002                 2001
                                                                              ---------------       ---------------

Cash Flows from Operating Activities:
  Net income                                                                 $   1,936,075         $   1,123,576
  Adjustments:
   Depreciation and amortization                                                    98,507               238,166
   Valuation adjustment related to note receivable                                      --              (851,062)
   Changes in:
     Income tax asset                                                              120,000                    --
     Restricted certificates of deposit                                            370,000               114,139
     Accounts receivable                                                            33,756              (241,411)
     Mortgage loans held for sale                                               13,639,485              (682,217)
     Due from related party                                                       (493,169)               57,816
     Other assets                                                                  (25,047)              299,188
     Amounts due from former shareholders of Accent Mortgage
            Services, Inc. under indemnity                                                                17,914
     Accounts payable and accrued expenses                                          15,345              (795,680)
     Accrued interest payable                                                   (1,232,768)              335,042
     Deferred revenue                                                                   --               (65,710)
     Costs associated with development of real estate                                   --                38,242

                                                                              ------------           ------------
Net cash provided by (used in) operating activities                             14,462,184              (411,997)
                                                                              ------------           ------------
Cash Flows from Investing Activities:
   Purchase of property and equipment                                             (524,856)             (201,005)
   Equity conversions of notes payable                                           1,452,480
   Cash acquired in acquisitions                                                        --               984,428
                                                                               ------------         ------------
Net cash provided by (used in) investing activities                                927,624               783,423
                                                                              ------------          ------------

Cash Flows from Financing Activities:
   Proceeds from issuance of notes payable                                       1,250,000                56,744
   Increase in additional paid in capital                                        1,389,414             2,061,400
   Repayment of notes payable and conversions                                  (16,756,383)             (649,138)
   Increase in amounts due to related parties                                       80,000              (928,606)
                                                                              ------------          ------------
Net cash provided by financing activities                                      (14,036,969)              540,400
                                                                              ------------          ------------

Net increase in cash                                                             1,352,839               911,826
Cash, at beginning of the period                                                   850,665               272,297
                                                                              ------------          ------------

Cash, at end of the period                                                    $  2,203,504          $  1,184,123
                                                                              ============          ============
```

```

                                                                                             Nine Months        Nine Months
                                                                                               Ended               Ended
                                                                                              June 30,            June 30,
                                                                                                2002                2001
                                                                                          ---------------    ---------------

Supplemental disclosures of cash flow information:
   Cash paid during the period for interest                                               $       447,337    $     1,442,993

Purchase of Swiss Air property
     Real estate held for sale                                                            $            --         (7,995,000)
     Note receivable transferred to seller                                                $            --          2,450,000
     Issuance of preferred stock                                                          $            --          1,650,000
     Issue note payable to seller                                                         $            --            385,000
     Cancel repayment of stock subscription receivable                                    $            --          1,010,000
     Note payable assumed by Company                                                      $            --          2,500,000

Purchase of United Capital Mortgage
     Goodwill                                                                             $            --         (1,948,773)
     Cash                                                                                 $            --           (848,663)
     Property and equipment                                                               $            --           (383,543)
     Issuance of common stock                                                             $            --          1,050,000
     Notes payable assumed                                                                $            --          2,000,000

Purchase of Cross Keys Capital
     Goodwill                                                                             $            --           (881,140)
     Cash                                                                                 $            --           (135,765)
     Property and equipment                                                               $            --            (49,900)
     Notes payable issued                                                                 $            --            425,000
```

```

        Land held for development   $    91,605
        Costs to develop land            82,564
                                    -----------
                                    $   174,169
                                    ===========
```

```

Prepaid expenses                                                $  211,011
Deposits                                                           117,965
Other                                                              138,805
                                                                ----------
                                                               $   467,781
                                                                ==========
```

```

Note payable with no interest unless default at which time
interest accrues at 12%, due December 15, 2001.  Secured
by real estate.                                                           80,000

Note payable secured by residential property, payable on
demand.  Interest is payable monthly at a rate of 12%.                    67,701

                                                                    ------------
Total notes payable                                                   $5,047,317
                                                                    ------------

Total general corporate indebtedness                                 $ 5,047,317
                                                                    ------------
     Total notes payable                                             $ 5,047,317
                                                                    ============
```

```

                                     Mortgage        Real Estate
                                    Brokerage        Development       Corporate          Total
                                  -------------     -------------    -------------    -------------

Revenues                          $  13,617,235     $         --     $         --     $  13,617,235

Operating profit (loss)           $     831,812     $    469,000     $   (893,257)    $     407,555

Depreciation and amortization     $      92,131     $         --     $      6,376     $      98,507

Identifiable assets               $  68,252,376     $    828,481     $ 10,897,657     $  79,978,514

Capital expenditures              $     524,856     $         --     $         --     $     524,856
```

```

                                      Mortgage        Real Estate
                                     Brokerage        Development      Corporate         Total
                                  -------------     -------------    -------------    -------------

Revenues                          $ 16,612,844     $    490,763      $         --     $ 17,103,607

Operating profit (loss)           $  1,305,635     $    241,679      $ (1,416,225)    $    131,089

Depreciation and amortization     $    339,473     $          -      $     19,251     $    358,724

Identifiable assets               $ 55,391,785     $    927,970      $  8,617,118     $ 64,936,873

Capital expenditures              $    599,378     $          -      $          -     $    599,378
```