EXHIBIT 10.29




                         Laredo Family Enterprises, LLC

                               Financial Statement

                  For the twelve months ended December 31, 1999



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                         Laredo Family Enterprises, LLC

                                      Index


                  * Opinion Letter

                  * Balance Sheet as of December 31, 1999

                  * Statement of Income and Expenses for the twelve
                    months ended December 31, 1999

                  * Statement of Cash Flows

                  * Notes to Financial Statement


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                                          PMB 129
                                          110 West Sandy Lake Road-Ste 102
                                          Coppell, Texas (214) 448-5320



                          RON PANDOS & COMPANY, INC



             To the members of Laredo Family Enterprises LLC
             1300 W. Walnut Hill Lane, Suite 275
             Irving, Texas

             I have audited to accompanying balance sheet of Laredo Family
             Enterprises, LLC as of December 31, 1999 and the related
             statement of income and expenses and cash flows for the year
             then ended.  These financial statements are the responsibility
             of the management of Laredo Family Enterprises, LLC.  My
             responsibility is to express an opinion on the financial
             statements based on the audit.

             I conducted the audit in accordance with generally accepted
             auditing standards.  Those standards require that I 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
             statement presentation.  I believe that the audit provides
             a reasonable basis for my opinion.

             In my opinion, the financial statements referred to above,
             present, in all material respects, the financial position of
             Laredo Family Enterprises, LLC as of December 31, 1999 and the
             results of operations and cash flows for the year then ended
             in conformity with generally accepted accounting principles.


             /s/ Ronald Pandos

             Ronald Pandos
             November 2, 2000

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<TABLE>
                         Laredo Family Enterprises, LLC
                                  Balance Sheet
                             as of December 31,1999


             <S>                                <C>            <C>
             Assets:
             Current Assets
               Accounts receivable              $ 1,426,488
               Allowance for doubtful accounts     (427,310)
                                                 ----------
             Total current assets                              $   999,178

             Fixed Asset (note 1)
               Equipment - clinic                    22,914
               Equipment - office                     3,441
               Furniture & fixtures                   2,378
               Accumulated depreciation              (4,104)
                                                 ----------
             Total fixed assets                                     24,629

             Other assets
               Deposits                                              4,470
                                                                ----------
             Total assets                                      $ 1,028,276
                                                                ==========
               Liabilities & Equity:
               Current liabilities
                 Accounts payable                              $    72,730

               Long term liabilities
                 Note payable                                        4,500

               Other liabilities
                 Due to affiliated companies                        94,285
                                                                ----------
               Total liabilities                               $   171,515

             Equity
               Capital (note 6)                      80,788
               Current year net income              830,474
               Member distributions                 (54,500)
                                                 ----------
             Total Equity                                          856,761
                                                                ----------
             Total liabilities & equity                        $ 1,028,276
                                                                ==========


     The accompanying notes are an integral part of this financial statement


</TABLE>
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<TABLE>


                         Laredo Family Enterprises, LLC
                        Statement of Income and Expenses
                  for the twelve months ended December 31, 1999


             <S>                                <C>            <C>
             Net Revenue:
             Professional fees                                 $ 1,319,564

             Cost of Services:
               Salaries & wages                 $   158,751
               Supplies, clinic & x-ray              14,457
               Equipment rental                         178
                                                 ----------
             Total cost of services                                173,386
                                                                ----------
             Gross Profit                                        1,146,177

             Operating Costs:
               Depreciation (note 1)                  4,104
               Licenses                                 970
               Marketing                            190,368
               Miscellaneous                            190
               Office                                 4,232
               Professional fees                      1,006
               Rent                                  51,495
               Repairs & maintenance                  3,648
               Travel                                26,285
               Taxes                                  9,370
               Utilities                             24,036
                                                 ----------
             Total operating costs                                 315,704
                                                                ----------
             Net Distributive Income
               to Members (note 4)                             $   830,474
                                                                ==========

     The accompanying notes are an integral part of this financial statement

</TABLE>
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<TABLE>


                         Laredo Family Enterprises, LLC
                             Statement of Cash Flows
                       January 1 through December 31,1999


             <S>                                               <C>
             Operating activities
               Net Income                                      $   830,474
               Depreciation                                          4,104
               Accounts payable                                     72,730
               Accounts receivable (net)                          (999,178)
                                                                ----------
             Net cash provided by Operating activities             (91,870)

             Financing activities
               Equipment                                           (26,355)
               Furniture & fixtures                                 (2,378)
               Deposits                                             (1,470)
               Note payable                                          4,500
               Due to affiliated companies                          94,285
               Owner's capital                                      22,637
                                                                ----------
             Net cash provided by financing activities              91,219

             Net cash decrease for the period                         (651)

             Cash at beginning of period                               651
                                                                ----------
             Cash at end of period                             $         0
                                                                ==========

    The accompanying notes are an integral part of this financial statement
</TABLE>
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                        Laredo Family Enterprises, LLC
                         Notes to Financial Statement
                     For the year ended December 31, 1999


       Note 1 - Significant accounting policies and procedures

            Laredo   Family   Enterprises,  LLC   is  a   Limited   Liability
       Corporation  incorporated under the  laws of  the State  of Texas  and
       operates  a  Chiropractic clinic  in  Laredo, Texas.  The  corporation
       began  business  on November  1,  1998 and  maintains  its  accounting
       records using the accrual method of accounting.

            The  Limited Liability Corporation uses the straight-line  method
       of depreciation based on  historical cost and an estimate of the  life
       of each asset.

            The  allowance for doubtful accounts is based on an aging of  the
       receivables  and calculated  on outstanding  accounts in  excess of  a
       period  of  time  as determined  by  management  of  the  Chiropractic
       clinic.

            Since  the  corporation  is classified  as  a  Limited  Liability
       Corporation the  corporation uses the calendar  year as the  corporate
       year period of accounting.

       Note 2 - Use of Estimates

            The  preparation  of  financial  statements  in  conformity  with
       generally  accepted accounting  policies requires  management to  make
       estimates  and assumptions that  affect certain  reported amounts  and
       disclosures.  Accordingly,  actual results  could  differ  from  those
       estimates.

       Note 3 - Subsequent events

            The  Chiropractic clinic is  in the process  of being  sold to  a
       third  party corporation  and is  to be  classified as  an asset  sale
       whereby the seller shall  sell, transfer and assign all rights,  title
       and  interest in and  to the assets  free and clear  of any  mortgage,

           The  accompanying  notes  are  an  integral part of this financial
       statement security interest, lien, charge, claim, or other encumbrance
       of any nature except the assumed liabilities of the seller.

       Note 4 - Income taxes

            The corporation is classified as a Limited Liability  Corporation
       by  the Internal Service  and all income  or loss  of the  corporation
       transfers to  the individual income tax  returns of its members  based
       on  the percentage of  ownership in  the corporation.  For income  tax
       purposes  the Limited  Liability Corporation  uses the  cash basis  of
       accounting.
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       Note 5 - Members

            The  sole member of the  corporation as of  December 31, 1999  is
       David Voracek who currently resides in the State of Texas.

       Note 6 - Capital

            Capital  consists or cash and/or equipment provided by the  David
       Voracek, the  sole member of the  corporation from the inception  date
       of the corporation until December 31, 1999.