Exhibit No. 21.1

SUBSIDIARIESOFREGISTRANTAsofJune30,2009

|                                                      |   |                                                            
|----------------------------------------------------- | - | -----------------------------------------------------------
|                                                      |   |                                                            
|                                                     
|1                                                     | . | ProvidentialCapital,Inc.                                   
|                                                      |   | Percentageofownership:100%                                 
|                                                      |   | Businessactivity:ConsultingandM&Aadvisoryservices          
|                                                      |   |                                                            
|2                                                     | . | ProvidentialVietnam,Ltd.                                   
|                                                      |   | Percentageofownership:100%                                 
|                                                      |   | Businessactivity:Consulting                                
|                                                      |   |                                                            
|3                                                     | . | PhilandRanchLimitedUK                                     
|                                                      |   | Percentageofownership:75.50%                               
|                                                      |   | Businessactivity:realestatedevelopment                     
|                                                      |   |                                                            
|4                                                     | . | PHIMiningGroup,Inc.,formerlyDDCIndustries,Inc.             
|                                                      |   | Percentageofownership:82.71%                               
|                                                      |   | Businessactivity:Mining                                    
|                                                      |   |                                                            
|5                                                     | . | ProvidentialEnergyCorporation                              
|                                                      |   | Percentageofownership:100%                                 
|Businessactivity:IndependentOil&Gas,AlternativeEnergy
|                                                      |   |                                                            
|6                                                     | . | Provimex,Inc                                               
|                                                      |   | Percentageofownership:85%                                  
|                                                      |   | Businessactivity:TradingandImports/Exports                 
|                                                      |   |                                                            
|7                                                     | . | VietnamMediaGroup,Inc.,formerlyTouchlinkCommunications,Inc.
|                                                      |   | Percentageofownership:85%                                  
|                                                      |   | Businessactivity:Multimedia                                
|                                                     
|                                                      |   |                                                            

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