```

                                                                                                 March 31,     September 30,
                                                                                                   2002            2001
                                                                                               ------------    ------------
                                                                                               (unaudited)

ASSETS

Cash                                                                                           $  2,141,300    $    850,665
Certificates of deposit                                                                             400,000              --
Real estate held for sale                                                                         7,995,000       7,995,000
Real estate held for development                                                                    255,169         255,169
Mortgage loans held for sale, net                                                                57,111,825      72,221,049
Property and equipment, net                                                                         861,922         633,571
Accounts receivable                                                                               1,278,595       1,975,662
Investments, net                                                                                  1,937,500       1,872,405
Due from related party                                                                              545,369          47,224
Goodwill, net                                                                                     4,342,777       4,342,777
Deferred income tax benefit                                                                         364,000         460,000
Other assets                                                                                        349,750         442,734
                                                                                                ------------    ------------
         Total assets                                                                          $ 77,583,207    $ 91,096,256
                                                                                                ============    ============
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
    Accounts payable and accrued expenses                                                      $    978,241    $  1,539,096
    Accrued interest payable                                                                        340,045       1,232,768
    Notes payable - warehouse line                                                               55,931,875      71,265,897
    Notes payable                                                                                 5,046,515       6,230,902
    Due to related parties and stockholders                                                              --         120,000
                                                                                                ------------    ------------
         Total liabilities                                                                       62,296,676      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, 25,053,432 and 24,856,253 shares
    issued and outstanding at March 31, 2002 and September 30, 2001, respectively                 1,452,480
    Additional paid in capital                                                                   10,502,816      9,113,402
    Accumulated earnings (deficit)                                                                1,681,235        (55,809)
                                                                                               ------------    ------------
                                                                                                 15,286,531     10,707,593
    Less: Subscriptions receivable                                                                       --             --
                                                                                               ------------    ------------
        Total stockholders' equity                                                               15,286,531     10,707,593
                                                                                               ------------    ------------
        Total liabilities and stockholders' equity                                             $ 77,583,207   $ 91,096,256
                                                                                               ============    ============
```

```

                                                                                                                    (a)
                                              Three Months    Six Months      Three Months     Six Months
                                                 Ended          Ended           Ended            Ended
                                               March 31,      March 31,       March 31,        March 31,
                                                  2002           2002            2001             2001
                                              ------------   -------------   ------------    -------------

Revenue:
     Broker fee income                        $  4,092,812   $  9,646,758    $  5,003,537     $ 9,232,148
                                              ------------   -------------   -----------     -------------
          Total revenue                          4,092,812      9,646,758       5,003,537       9,232,148
                                              ------------   -------------   ------------    -------------
Operating expenses:
     Broker commissions                            884,294      2,051,575       2,717,953       5,103,334
     Salaries and employee benefits              1,473,681      2,922,480       1,248,854       2,491,186
     General and administrative                  1,627,472      3,733,092         691,396       1,356,470
     Professional expenses                         235,988        330,719         144,318         338,764
     Occupancy expense                             207,454        401,159         183,218         362,809
     Amortization of goodwill                           --          2,417          78,622         153,104
     Property taxes                                     --        (45,358)          4,454          32,942
     Depreciation and amortization                  30,757         67,750          42,364          85,062
                                              ------------   -------------   ------------    -------------
          Total operating expenses               4,459,646       9,463,835      5,110,180       9,923,673
                                              ------------   -------------   ------------    -------------
Operating profit (loss)                           (366,834)        182,924       (106,643)       (691,525)

Other expense (income):
     Gain on sale of note receivable                  --                --             --        (851,062)
     Gain on GCA Settlement                      (178,573)        (178,573)            --              --
     Settlement reimbursement                    (500,000)        (500,000)            --              --
     Gain on sale of Accent Mortgage             (465,095)        (465,095)            --              --
     Debt forgiveness                            (282,452)        (282,452)            --              --
     Interest income                                   --         (288,085)      (554,113)     (1,137,359)
     Other income                                (  1,556)        (181,406)    (1,088,821)     (1,259,673)
     Interest expense                              48,440          245,491        710,938       1,432,993
                                              ------------   -------------   ------------     ------------
                                               (1,379,235)      (1,650,120)      (931,996)     (1,815,101)

                                              ------------   -------------   ------------     ------------
Income before income taxes                      1,012,402        1,833,044      825,353       1,123,576
Income taxes                                                       (96,000)           --
                                              ------------   -------------   ------------     ------------
Net income                                   $  1,012,402        1,737,044   $    825,353     $ 1,123,576
                                              ============   =============   ============     ============
Basic earnings per share                     $       0.04    $       0.07    $      0.04      $      0.06
                                              ============   =============   ============     ============
Diluted earnings per share                   $       0.04    $       0.07    $      0.04      $      0.06
                                              ============   =============   ============     ============
Weighted average shares outstanding - basic    27,912,809       26,477,257    18,834,849       18,534,700
                                              ============   =============   ============     ============
Weighted average shares outstanding - diluted  28,098,073       26,662,521    19,898,804       19,598,655
                                              ============   =============   ============     ============
```

```

                                                                                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         --       --           --           --              --                --

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

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

Net income                                 --         --       --           --    1,389,414       1,737,044         2,114,056
                                   ----------   --------   -------   --------- ------------    ------------     -------------
Balance at March 31, 2002          28,912,458  $      --       --  $ 1,650,000  $10,502,816    $  1,681,235     $  12,821,699
                                   ==========   ========  ========  ==========  ===========    ============     =============
```

```

                                                                                 Six Months           Six Months
                                                                                   Ended                Ended
                                                                                  March 31,            March 31,
                                                                                    2002                 2001
                                                                              ---------------       ---------------

Cash Flows from Operating Activities:
  Net income                                                                 $   1,737,044         $   1,123,576
  Adjustments:
   Depreciation and amortization                                                    67,750               238,166
   Valuation adjustment related to note receivable                                      --              (851,062)
   Changes in:
     Income tax asset                                                               96,000                    --
     Restricted certificates of deposit                                            400,000               114,139
     Accounts receivable                                                          (228,351)             (241,411)
     Mortgage loans held for sale                                               15,109,224              (682,217)
     Due from related party                                                       (498,145)               57,816
     Other assets                                                                   92,984               299,188
     Amounts due from former shareholders of Accent Mortgage
            Services, Inc. under indemnity                                                                17,914
     Accounts payable and accrued expenses                                        (661,664)             (795,680)
     Accrued interest payable                                                     (892,723)              335,042
     Deferred revenue                                                                   --               (65,710)
     Costs associated with development of real estate                                   --                38,242

                                                                              ------------           ------------
Net cash provided by (used in) operating activities                             15,222,079             (411,997)
                                                                              ------------           ------------
Cash Flows from Investing Activities:
   Purchase of property and equipment                                             (259,108)             (201,005)
   Equity conversions of notes payable                                           1,452,480
   Cash acquired in acquisitions                                                        --               984,428
                                                                               ------------         ------------
Net cash provided by (used in) investing activities                              1,193,372               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                                  (17,484,270)             (649,138)
   Increase in amounts due to related parties                                      120,000              (928,606)
                                                                              ------------          ------------
Net cash provided by financing activities                                      (14,724,856)              540,400
                                                                              ------------          ------------

Net increase in cash                                                             1,690,635               911,826
Cash, at beginning of the period                                                   850,665               272,297
                                                                              ------------          ------------

Cash, at end of the period                                                    $  2,541,300          $  1,184,123
                                                                              ============          ============
```

```

                                                                                             Six Months         Six Months
                                                                                               Ended               Ended
                                                                                              March 31,          March 31,
                                                                                                2002                2001
                                                                                          ---------------    ---------------

Supplemental disclosures of cash flow information:
   Cash paid during the period for interest                                               $       245,491    $     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           163,564
                                    -----------
                                    $   255,169
                                    ===========
```

```

Prepaid expenses                                                $  203,660
Deposits                                                           109,255
Other                                                               36,835
                                                                ----------
                                                               $   312,915
                                                                ==========
```

```

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                                                   $5,046,515
                                                                    ------------

Total general corporate indebtedness                                 $ 5,046,515
                                                                    ------------
     Total notes payable                                             $ 5,046,515
                                                                    ============
```

```

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

Revenues                          $   9,646,758     $         --     $         --     $   9,646,758

Operating profit (loss)           $     850,068     $         --     $   (667,144)    $     182,924

Depreciation and amortization     $      61,374     $         --     $      6,376     $      67,750

Identifiable assets               $  66,773,472     $    909,481     $  9,855,254     $  77,538 207

Capital expenditures              $     259,108     $         --     $         --     $     259,108
```

```

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

Revenues                          $  9,232,148     $         --      $         --     $  9,232,148

Operating profit (loss)           $    474,228    $    (137,267)     $  1,028,486)    $   (691,525)

Depreciation and amortization     $    225,221     $         --      $     12,945     $    238,166

Identifiable assets               $ 47,936,405     $    631,531      $  5,317,365     $ 53,885,302

Capital expenditures              $         --     $         --      $    201,005     $    201,005
```