UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

[X]      Quarterly  Report under Section 13 or 15(d) of the Securities  Exchange
         Act of 1934 for the quarterly period ended October 31, 2004.

[_]      Transition Report under Section 13 or 15(d) of the Exchange Act for the
         transition period from _________________ to _________________.

                         Commission file number 0-27587

                  STRATEGY INTERNATIONAL INSURANCE GROUP, INC.
        (Exact name of small business issuer as specified in its charter)

--------------------------------------------------------------------------------
                     Texas                               16-1644353
        (State or other jurisdiction of              (I.R.S. Employer
         incorporation or organization               Identification No.)
--------------------------------------------------------------------------------

                          200 Yorkland Blvd., Suite 200
                         Toronto, Ontario M2J5C1, Canada
                                 (416) 391-4223
                           (Address, telephone number,
                      including area code, of the principal
                      executive offices of the registrant)

                               CI Sell Cars, Inc.
              (Former name, former address and former fiscal year,
                          if changed since last report)

         Check whether the issuer: (1) filed all reports required to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing requirements for the past 90 days.
Yes  X    No
    ---      ---

         State the number of shares  outstanding of each of the issuer's classes
of common equity,  as of latest  practicable date: As of October 31, 2004 we had
61,470,000  shares of  common  stock,  par value  $0.001  per share  issued  and
outstanding.

Transitional Small Business Disclosure Format (Check one): Yes [_] No [X]

<PAGE>


                         PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.


                                      -2-
<PAGE>

          STRATEGY INTERNATIONAL INSURANCE GROUP, INC. AND SUBSIDIARIES
                           FORMERLY CI CELL CARS, INC.

                           CONSOLIDATED BALANCE SHEETS

                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                                                       October 31,         April 30,
                                                                          2004                2004
                                                                     -------------       -------------
<S>                                                                  <C>                 <C>
ASSETS

Current Assets:
  Cash and cash equivalents                                          $     415,761       $     184,000
  Mortgage Interest  receivable                                          1,907,938             378,375
  Accounts receivable-other                                                 75,000
                                                                     -------------       -------------
Total Current Assets                                                     2,398,699             562,375

Mortgage notes receivable - held to maturity                           104,231,610         104,231,610
Fixed assets                                                                28,575                   -
Other assets                                                                15,000                   -
                                                                     -------------       -------------

Total Assets                                                         $ 106,673,884       $ 104,793,985


LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
  Accrued preferred dividends payable                                $   8,685,967       $   3,474,387
  Accrued liabilities                                                      824,518              14,222
  Unearned premium reserves                                                312,621                   -
  Claims reserves                                                          124,663                   -
                                                                     -------------       -------------

Total Current Liabilities                                                9,947,769           3,488,609
                                                                     -------------       -------------

Total Liabilities                                                        9,947,769           3,488,609
                                                                     -------------       -------------

Stockholders' Equity:
  Common stock ($.001 par value, 100,000,000 shares authorized
   61,470,000 and 46,000,000 shares issued and outstanding
    as of October 31 and April 30, 2004 respectively)                       61,470              46,000

    Additional paid in capital
  10% Cumulative Class A Preferred stock ($.001 stated value,              303,760             304,000
    unlimited shares authorized, 47,670 issued and outstanding)         47,670,084          47,670,084
  10% Cumulative Class B Preferred stock ($.001 stated value,
    unlimited shares authorized, 56,562 issued and outstanding)         56,561,526          56,561,526
  Accumulated deficit                                                   (7,870,725)         (3,276,234)
                                                                     -------------       -------------

Total Stockholders' Equity                                              96,726,115         101,305,376
                                                                     -------------       -------------

Total Liabilities and Stockholders' Equity                           $ 106,673,884       $ 104,793,985
                                                                     =============       =============
</TABLE>

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

The  accompanying  notes are an integral  part of these  consolidated  financial
statements.


                                       i

<PAGE>

          STRATEGY INTERNATIONAL INSURANCE GROUP, INC. AND SUBSIDIARIES
                           FORMERLY CI SELL CARS, INC.
          CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME

                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                                      For the Three Months Ended          For the Six Months Ended
                                                              October 31,                        October 31,
                                                      2004                 2003             2004             2003
                                                   ----------           ----------      ----------         ----------
<S>                                              <C>                  <C>             <C>                <C>
Gross Written Premium                            $    753,992         $        -      $    753,992       $        -

Brokerage and Acquisition Costs                       129,711                              129,711
                                                   ----------           ----------      ----------         ----------
Net Written Premium                                   624,281                              624,281

Unearned Premium Reserve                              312,621                              312,621
                                                   ----------           ----------      ----------         ----------
Net Earned Premium                                    311,660                  -           311,660                -

General and administrative expenses                   761,293                  -         1,208,580                -
                                                   ----------           ----------      ----------         ----------
Net loss from operations                              449,633                  -           896,920                -
                                                   ----------           ----------      ----------         ----------
Other Revenue (Expense):
  Investment Income                                   651,448                  -         1,529,564                -
                                                   ----------           ----------      ----------         ----------
Net income before discontinued operations             201,815                  -           632,644                -
                                                   ----------           ----------      ----------         ----------
Discontinued operations                                     -                  -           (15,555)               -
                                                   ----------           ----------      ----------         ----------
Net income before preferred dividend                  201,815                  -           617,089                -
                                                   ----------           ----------      ----------         ----------
Dividends on preferred stock                       (2,605,790)                 -        (5,211,580)               -
                                                   ----------           ----------      ----------         ----------
Net loss on common stock                         $ (2,403,975)        $        -      $ (4,594,491)      $        -
                                                   ==========           ==========      ==========         ==========
Loss per Share:
  Basic and diluted loss per share:
  Continued Operations                           $      (0.04)        $        -      $      (0.08)      $        -
                                                   ==========           ==========      ==========         ==========
  Discontinued Operations                        $      (0.00)        $        -      $      (0.00)      $        -
                                                   ==========           ==========      ==========         ==========
  Basic and diluted weighted average common
    shares outstanding                             61,470,000                  -        57,602,500                -
                                                   ==========           ==========      ==========         ==========
</TABLE>

--------------------
The  accompanying  notes are an integral  part of these  consolidated  financial
statements.


                                       ii
<PAGE>

          STRATEGY INTERNATIONAL INSURANCE GROUP, INC. AND SUBSIDIARIES
                             FORMERLY CI SELLS CARS, INC.
                         CONSOLIDATED STATEMENT OF CASH FLOWS

                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                             For the Six Months Ended
                                                                     OCTOBER 31,
                                                               2004             2003
                                                           -----------       ----------
<S>                                                        <C>               <C>
Cash Flows Provided by Operating Activities:
  Net (loss) on common stock                               $(4,594,491)      $        -
  Adjustments to reconcile net (loss) on common stock
    to net cash provided by operations:
      Dividends payable on preferred stock                   5,211,580                -
      Changes in operating assets and liabilities:
        Increase in accounts receivable-other                  (75,000)               -
        Increase in mortgage interest receivable            (1,529,564)               -
        Increase in other assets                               (15,000)               -
        Increase in accrued expenses                         1,247,133                -
                                                           -----------       ----------
          Net cash flows used in operating activities      $   244,658                -
                                                           -----------       ----------

Cash Flows from Investing Activities:
  Purchase of property and equipment                           (28,575)               -
  Cash acquired in reverse merger                               15,678                -
                                                           -----------       ----------
          Net cash (used in) investing activities              (12,897)               -
                                                           -----------       ----------

Cash Flows Provided by Financing Activities:                         -                -
                                                           -----------       ----------

Net increase in Cash                                           231,761                -
                                                           -----------       ----------
Cash and Cash Equivalents, beginning of period                 184,000                -

Cash and Cash Equivalents, end of period                   $   415,761       $        -
                                                           ===========       ==========

Supplemental Disclosure of Noncash Investing and
  Financing Activities:
 Reverse merger:
   Common stock issued                                     $    15,230       $        -
                                                           ===========       ==========
   Liabilities assumed                                     $       448       $        -
                                                           ===========       ==========
   Cash acquired                                           $    15,678       $        -
                                                           ===========       ==========
</TABLE>

--------------------
The  accompanying  notes are an integral  part of these  consolidated  financial
statements.


                                      iii

<PAGE>

          STRATEGY INTERNATIONAL INSURANCE GROUP, INC. AND SUBSIDIARIES
                           FORMERLY CI SELL CARS, INC.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                                                                OCTOBER 31, 2004


1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

On June 14, 2004, the Company  completed an Agreement and plan of Reorganization
("The  Definitive  Stock Exchange  Agreement")  with CI Sell Cars, Inc. ("CI") a
Texas incorporated public company.

The Definitive Stock Exchange Agreement provided for the purchase and retirement
of  25,827,000  shares of CI's common stock by the Company and the forward split
of the  remaining  1,105,000  outstanding  shares  of  CI's  common  stock  into
15,470,000  shares and the issuance of 45,100,000 shares of CI's common stock to
the Company's shareholders.

Under the terms of the transaction,  CI issued  45,100,000  shares of its common
stock in exchange for 100% of the  Company's  outstanding  shares.  After taking
full effect of the share exchange agreement,  as well as a 14 to 1 forward stock
split of CI shares effective as of June 3, 2004.

The stock  exchange  transaction  will be accounted  for as a purchase  with the
Company  deemed the acquirer for accounting  and financial  reporting  purposes.
However since the shareholders of the Company will own  approximately 85% of the
outstanding  shares of  reorganized  CI no step up in basis or goodwill  will be
recorded.  This  accounting  treatment is in accordance  with the Securities and
Exchange  Commission  Staff Members  position that the  acquisition  by a public
shell of the assets of a business of a private  company  should be accounted for
at historical cost and accounted for as a reverse merger.

The accompanying unaudited financial statements have been prepared in accordance
with the  accounting  principles  generally  accepted  in the  United  States of
America  and the rules and  regulations  of the  United  States  Securities  and
Exchange Commission for interim financial information.  Accordingly, they do not
include  all  the  information  and  footnotes  necessary  for  a  comprehensive
presentation of financial  position and results of operations and should be read
in conjunction  with CI's Annual Report Form 10-KSB for the year ended April 30,
2004 and in conjunction with the financial statements of the company included in
current report on Form 8-K/A filed on August 30, 2004.

The statements of operations for the three and six months ended October 31, 2004
and 2003 are not necessarily indicative of results for the full year.

It is management's opinion,  however, that all material adjustments  (consisting
of normal  recurring  adjustments)  have been made which are  necessary for fair
financial  statements  presentation.  The results for the interim period are not
necessarily indicative of the results to be expected for the year.

Earnings (Loss) per Share

The Company computes  earnings or loss per share in accordance with Statement of
Financial  Accounting  Standards No. 128, "Earnings Per Share" (SFAS 128). Basic
earnings  per  share  is  computed  by  dividing  income   available  to  common
stockholders  by the  weighted  average  number  of common  shares  outstanding.
Diluted  earnings per share reflects the potential  dilution that could occur if
securities or other agreements to issue common stock were exercised or converted
into  common  stock.  Diluted  earnings  per share is  computed  based  upon the
weighted average number of common shares and dilutive common  equivalent  shares
outstanding, which include convertible debentures, stock options and warrants.

The  accompanying  financial  statements  have been prepared in accordance  with
accounting principles generally accepted in the United States of America and all
amounts are stated in U.S. dollars.


                                       iv
<PAGE>

          STRATEGY INTERNATIONAL INSURANCE GROUP, INC. AND SUBSIDIARIES
                           FORMERLY CI SELL CARS, INC.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                                                                OCTOBER 31, 2004

2. SUBSEQUENT EVENTS

On November  16, 2004,  a group of  investors  invested an  aggregate  amount of
US$50,000,000  in Units (the  "Units")  comprised  of  securities  issued by the
Company and its indirect  subsidiary,  Strategy Real Estate  Investments Ltd., a
corporation  formed under the laws of the Province of Ontario,  Canada ("SREI").
Each Unit is comprised of (i) one share of Series A Insured Redeemable Preferred
Stock of SREI (the "Series A  Preferred"),  (ii) one share of Series B Preferred
Stock of SREI (the "Series B Preferred")  and (iii) a warrant (the "Warrant") to
purchase  shares of common stock,  $0.01 par value of the Company.  The purchase
price was $10,000 per Unit.

The funds  will be used to  invest,  through  placements  of  short-term  second
mortgages,  in five (5)  special  purpose  residential  real  estate  properties
("SPEs") in Canada,  being  developed  by the Lux Group Inc.,  a company  formed
under the laws of the Province of Ontario,  Canada and under common control with
SREI.

The offer and sale of the Units was made to "accredited investors", as that term
is defined under Rule 501 under  Regulation D of the  Securities Act of 1933, as
amended, pursuant to the exemption from registration requirements under Rule 506
and Section 4(2) of the Securities Act.

Series A Preferred of SREI

The  Series A  Preferred  shares  will pay  dividends  at an annual  rate of ten
percent (10%), which shall be paid quarterly.  An insurance company with an "A-"
rating by AM Best's is insuring  payment of 100% of the  quarterly  dividends on
the Series A Preferred  over the three (3) year period they will be  outstanding
and  the  liquidation  preference  of  the  Series  A  Preferred  pursuant  to a
Contingent  Guarantee  Policy.  Upon the occurrence of certain events of default
(as  set  forth  in the  Articles  of  Incorporation  of  SREI),  the  Series  A
liquidation preference and all accrued and unpaid dividends thereon shall become
immediately payable.

The Series A Preferred are subject to mandatory  redemption  by SREI,  three (3)
years from the date of issuance (the "Maturity Date"), at their full liquidation
preference, net of all appropriate Canadian withholding and income tax, plus all
accrued and unpaid dividends.

Series B Preferred of SREI

Each share of Series B Preferred  of SREI  entitles  its holder to receive a pro
rata share of five percent (5%) of the gross sales (the "Gross Sales  Interest")
from  each of the five (5) SPEs in which  SREI  invests.  Payments  of the Gross
Sales Interest shall be made from time to time after the sale of each project by
the SPEs to a third  party for  monetary  consideration.  SREI will  receive the
Gross Sales Interest  (which will be paid out to the holders of shares of Series
B Preferred)  pursuant to Participation  Agreements between SREI and each of the
five (5) SPEs.  The shares of Series B Preferred of SREI are not  redeemable and
they will  continue to receive the Gross Sales  Interest for as long as they are
outstanding.  No dividends (other than payment of the Gross Sales Interest) will
be payable on the shares of Series B Preferred.

Warrants to Purchase Common Stock of the Company

Each Warrant is  exercisable,  prior to the Maturity Date, into shares of common
stock,  $.001 par value,  of the Company.  Each Warrant will allow its holder to
exercise  the  warrant  into a number of shares  of  common  stock  equal to the
quotient  obtained by dividing (a) the  liquidation  preference  of the Series A
Shares owned by such investor plus any accrued and unpaid  dividends  thereon by
(b) the then applicable set price. The initial set price is $1.6671. In order to
exercise the Warrant,  an investor will be required to submit for cancellation a
certificate   representing  Series  A  Preferred  shares  with  the  appropriate
liquidation  preference.  The Company is  obligated  to register  such number of
shares of its common stock into which the warrants are exercisable in accordance
with the terms of a Registration  Rights Agreement,  not later than December 31,
2004.


                                        v
<PAGE>

          STRATEGY INTERNATIONAL INSURANCE GROUP, INC. AND SUBSIDIARIES
                           FORMERLY CI SELL CARS, INC.

             SUMMARY UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL DATA


The  unaudited  pro  forma  consolidated  results  are  based on  estimates  and
assumptions  which are preliminary and have been made solely for the purposes of
developing  such pro forma  information.  The unaudited  pro forma  consolidated
results are not  necessarily  an  indication of the results that would have been
achieved had such  transactions  been consummated as of the dates indicated that
may be achieved in the future.

The unaudited pro forma combined  results should be read in conjunction with the
historical  consolidated financial statements and notes thereto set forth herein
for the Company on Form 10-KSB for the year ended April 30, 2004, and Form 8-K/A
filed on August 30, 2004.

The following pro forma balance sheet gives effect to this  transaction as if it
had occurred on October 31, 2004.


                                      vi

<PAGE>
                 PRO FORMA CONSOLIDATED BALANCE SHEET

                              (UNAUDITED)

<TABLE>
<CAPTION>
                                                                       October 31,            Pro Forma              Pro-Forma
                                                                           2004              Adjustments              Results
                                                                       ------------          ------------          ------------
<S>                                                                    <C>                   <C>                   <C>
ASSETS

Current Assets:
  Cash and cash equivalents                                            $    415,761          $  1,000,000 (a)      $ 38,575,761
                                                                                               (1,000,000)(b)
                                                                                               38,160,000 (c)
  Mortgage Interest  receivable                                           1,907,938              -                    1,907,938
  Accounts receivable-other                                                  75,000              -                       75,000
                                                                       ------------          ------------          ------------
Total Current Assets                                                      2,398,699            38,160,000            40,558,699

Mortgage notes receivable - held to maturity                            104,231,610             8,080,000 (c)       112,311,610
Fixed assets                                                                 28,575              -                       28,575
Other assets                                                                 15,000              -                       15,000
Due from affiliate                                                         -                    1,000,000 (b)         1,000,000
                                                                       ------------          ------------          ------------

Total Assets                                                           $106,658,884          $ 47,240,000          $153,913,884
                                                                       ============          ============          ============

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
  Accrued preferred dividends payable                                  $  8,685,967          $   -                  $ 8,685,967
  Accrued liabilities                                                       824,518              -                      824,518
  Unearned premium reserves                                                 312,621              -                      312,621
  Claims reserves                                                           124,663              -                      124,663
                                                                       ------------          ------------          ------------

Total Current Liabilities                                                 9,947,769              -                    9,947,769
                                                                       ------------          ------------          ------------
Long-term debt:
  Redeemble insured series (A) preferred stock of SREI                                            500,000 (a)
                                                                                               46,235,000 (c)
                                                                                                5,994,441 (d)        52,729,441

Total Liabilities                                                         9,947,769              -                   62,677,210

Stockholders' Equity:
  Common stock ($.001 par value, 100,000,000 shares authorized
   61,470,000 and 46,000,000 shares issued and outstanding
    as of October 31 and April 30, 2004 respectively)                        61,470              -                       61,470

    Additional paid in capital                                              303,760              -                      303,760

    Unamortized finance costs series (A) preferred stock                                       (5,994,441)(d)        (5,994,441)

  10% Cumulative Class A Preferred stock ($.001 stated value,
    unlimited shares authorized, 47,670 issued and outstanding)          47,670,084              -                   47,670,084

  10% Cumulative Class B Preferred stock ($.001 stated value,
    unlimited shares authorized, 56,562 issued and outstanding)          56,561,526              -                   56,561,526

   Class B Preferred stock of SREI ($.001 stated value,                                           500,000 (a)
    unlimited shares authorized, 5,000 issued and outstanding)                                      5,000 (c)           505,000

  Accumulated deficit                                                    (7,870,725)             -                   (7,870,725)
                                                                       ------------          ------------          ------------
Total Stockholders' Equity                                               96,726,115            (5,489,441)           91,236,674
                                                                       ------------          ------------          ------------
Total Liabilities and Stockholders' Equity                             $106,673,884          $ (5,489,441)         $153,913,884
                                                                       ============          ============          ============
</TABLE>

                                      vii

<PAGE>


Item 2.  Management's Discussion and Analysis of Financial Condition and Results
         of Operations

         The  following  contains  forward-looking  statements  based on current
expectations,   estimates  and  projections  about  our  industry,  management's
beliefs, and assumptions made by management.  All statements,  trends,  analyses
and  other  information  contained  in this  report  relative  to  trends in our
financial condition and liquidity, as well as other statements,  including,  but
not  limited  to,  words  such as  "anticipate,"  "believe,"  "plan,"  "intend,"
"expect," "predict," and other similar expressions  constitute those statements.
These  statements  are not guarantees of future  performance  and are subject to
risks and  uncertainties  that are  difficult  to predict.  Accordingly,  actual
results  may  differ  materially  from those  anticipated  or  expressed  in the
statements.  Potential risks and uncertainties  include, among others, those set
forth in our Form 10-KSB  Report for the year ended April 30,  2004.  Particular
attention  should be paid to the  cautionary  statements  involving  our limited
operating   history,   the   unpredictability   of  our  future  revenues,   the
unpredictable  and  evolving  nature  of our  business  model,  the  competitive
multimedia  compact  discs  and  financial  services  industries  and the  risks
associated with capacity constraints, systems development,  management of growth
and business expansion, as well as other risk factors.

Results Of Operations

         Overview

         Through  our  wholly  owned  indirect  subsidiary,  Strategy  Insurance
Limited (SIL), a Barbados  company,  we are a holding company for an integrated,
international  group of providers of specialty  lines of insurance,  reinsurance
and  structured  risk  solutions,  focusing  on credit  enhancement,  contingent
liability and other specialty  insurance and reinsurance.  We have developed and
are  implementing  a strategy to design,  structure  and sell a broad  series of
pass-through risk, specialty insurance and reinsurance platform products. SIL is
a wholly  owned  subsidiary  of Strategy  Holding  Company  Limited,  a Barbados
company  and our  wholly  owned  direct  subsidiary  (sometimes  referred  to as
"Strategy").   Strategy  conducts  its  insurance  and  reinsurance   operations
principally through its subsidiaries  incorporated in Barbados,  West Indies. It
has offices in Barbados, West Indies, London, England and Toronto, Canada.

         On August 23, 2004,  Strategy Real Estate  Investments,  Ltd. (SREI) an
Ontario,  Canada  company  and a  wholly-owned  direct  subsidiary  of  Strategy
Insurance Limited,  was incorporated.  The Purpose of SREI is to invest funds on
behalf of  Strategy  Insurance  Limited in real estate  development  projects in
Ontario.  On November  16, 2004 a group of  investors  invested an  aggregate of
US$50,000,000 in SREI.

         Results of Operations For The Three Months Ended October 31, 2004

         Revenues.  Revenues for the three  months  ended  October 31, 2004 were
$753,992  consisting  of insurance  premiums  generated  by business  written in
Europe and Asia.  Management  believes the Registrant  will continue to generate
revenues  from  international  sources  as a result  of its  continuing  working
relationship with insurance brokers in London.

         General  and  Administrative   Expenses.   General  and  Administrative
Expenses for the three months ended October 31, 2004 were $761,293, comprised of
claims reserves, payroll, travel, legal and accounting fees, and consulting fees
and office  expenses  (including  rent) and various other  immaterial  costs. We
anticipate  that as the business grows we will likely see increases in virtually
all expense categories,  particularly during the course of the next 12 months as
the  company  moves out of its  initial  start-up  phase  into a full  operating
status.

                                      -3-
<PAGE>

         Other Revenue  (Expense).  Other Revenue (Expense) for the three months
ended  October  31,  2004  were  $651,448,   comprised  of  interest  income  on
$104,231,610 of Mortgage Notes Receivable at 2.5% annual interest rate.

         Dividends on  Preferred  Stock.  Dividends  on Preferred  Stock for the
three months ended October 31, 2004 were $2,605,790, comprised of a 10% dividend
payable on the Cumulative  Preferred A and Cumulative  Preferred B shares issued
and outstanding.

         Results of Operations For The Six Months Ended October 31, 2004

         Revenues.  Revenues for the six months ended  October 31, 2004 were the
$753,992  generated  during the 3 month  period  ending  October 31,  2004.  The
registrant is in its first year of operations  and it has taken until the recent
quarter to generate the first premiums written.

         General  and  Administrative   Expenses.   General  and  Administrative
Expenses for the six months ended October 31, 2004 were $1,208,579, comprised of
claims  reserves,  payroll,  legal and accounting fees,  consulting  expense and
office costs (including rent), and other immaterial operating costs.

         Other Revenue  (Expense).  Other  Revenue  (Expense) for the six months
ended  October 31, 2004 were  $1,529,564,  comprised  of interest  income on the
Mortgage Notes Receivable of $104, 231,610.

         Dividends on Preferred Stock.  Dividends on Preferred Stock for the six
months  ended  October  31, 2004 were  $5,211,580,  comprised  of 10%  dividends
payable on the Cumulative  Preferred A and Cumulative  Preferred B shares issued
and outstanding.

Liquidity and Capital Resources

         As of October  31,  2004 we had cash and cash  equivalents  of $415,761
compared  to  $48,310  as of July  31,  2004.  The  increase  in cash  and  cash
equivalents is a result of cash receipts from business written.

         The company's operating expenses are currently  approximately  $250,000
per month. These are anticipated to increase to approximately $450,000 per month
by the end of 2005 as business increases and the costs necessary to generate and
support  increased  business also increase,  beginning with increased  staffing.
Cash will be generated from  operations and from a planned equity raise.  In the
event that the  contemplated  equity raise is not  successful,  the company will
have sufficient  resources from operations to operate  throughout  2005, but its
rate of growth may be limited as a result of the lack of resources.

         The company began quoting on possible  insurance  business  immediately
following  the receipt of  permission  to operate  from the  Ministry of Finance
(Barbados) on March 26, 2004. The nature of the insurance  business is such that
individual  pieces of  business  can take many  months  to  negotiate  and reach
fruition.  The Company is  actively  quoting on  business.  It is  difficult  to
predict at this early stage in the  Company's  development  what  proportion  of
business  quoted  will  generate  revenues  because we do not have a  sufficient
history by which to accurately estimate such numbers.

         Off-Balance Sheet Financing

         The Company has no off-balance sheet financing  arrangements within the
meaning of Item 303(c) of Regulation S-B.

Item 3.  Controls and Procedures.

                                      -4-
<PAGE>

         We recently  merged with and into CI Sell Cars,  Inc. We are  currently
developing  a business  and  implementing  systems of  internal  and  disclosure
controls.  Within the ninety-day period preceding the filing of this report, our
management  evaluated  the  effectiveness  of the  design and  operation  of its
disclosure controls and procedures (the "Disclosure  Controls") as of the end of
the period covered by this Form 10-QSB and (ii) any changes in internal controls
over  financial  reporting  that occurred  during the last quarter of our fiscal
year. This evaluation ("Controls Evaluation") was done under the supervision and
with the  participation  of management,  including the Chief  Executive  Officer
("CEO") and Chief Financial Officer ("CFO").

         Limitations on The Effectiveness Of Controls

         A control  system,  no matter  how well  conceived  and  operated,  can
provide only  reasonable,  not absolute,  assurance  that the  objectives of the
control system are met. Further, the design of a control system must reflect the
fact that there are resource  constraints,  and the benefits of controls must be
considered relative to their costs.  Because of the inherent  limitations in all
control systems,  no evaluation of controls can provide absolute  assurance that
all control issues and instances of fraud,  if any, have been detected.  Because
of the inherent  limitations in a cost effective  control system,  misstatements
due to error or fraud may occur and not be detected.  We will  conduct  periodic
evaluations of our internal controls to enhance, where necessary, our procedures
and controls.

         Conclusions

         Based upon the Controls Evaluation, the CEO and CFO have concluded that
the  Disclosure  Controls  are  effective  in  reaching  a  reasonable  level of
assurance that management is timely alerted to material  information relating to
the Company during the period when its periodic  reports are being prepared.  In
accord with the U.S. Securities and Exchange Commission's requirements,  the CEO
and CFO conducted an evaluation of the Company's internal control over financial
reporting  (the  "Internal  Controls") to determine  whether there have been any
changes  in  Internal  Controls  that  occurred  during the  quarter  which have
materially affected or which are reasonable likely to materially affect Internal
Controls. Based on this evaluation,  there have been no such changes in Internal
Controls during the last quarter of the period covered by this report.

                           PART II-- OTHER INFORMATION

Item 4.  Submission of Matters to a Vote of Security Holders.

         On September 14, 2004, holders of a 61.79% of the Company's outstanding
shares of common stock have consented in writing to a proposed  amendment to the
Company's  Certificate  of  Incorporation,  to change the name of the Company to
Strategy  International  Insurance Group, Inc. This name change became effective
on October 26, 2004.

Item 6. Exhibits and Reports on Form 8-K.

                                    Exhibits

(a)      Exhibits:

31.1     Certification of Chief Executive Officer of Periodic Report pursuant to
         Rule 13a-14a and Rule 15d-14(a).

31.2     Certification of Chief Financial Officer of Periodic Report pursuant to
         Rule 13a-14a and Rule 15d-14(a).

                                      -5-
<PAGE>

32.1     Certification  of Chief  Executive  Officer of pursuant to 18 U.S.C.  -
         Section 1350.

32.2     Certification  of Chief  Financial  Officer of pursuant to 18 U.S.C.  -
         Section 1350.

(b)      Reports on Form 8-K:

         (1)  Current  Report  on Form  8-K/A,  filed  with the  Securities  and
Exchange Commission on August 30, 2004.

         (2) Current  Report on Form 8-K, filed with the Securities and Exchange
Commission on September 16, 2004.

         (3) Current  Report on Form 8-K, filed with the Securities and Exchange
Commission on November 17, 2004.


                                      -6-
<PAGE>

                                   SIGNATURES

         In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

     Signature                           Title                         Date
     ---------                           -----                         ----

/s/ Stephen Stonhill             Chairman of the Board and     December 20, 2004
--------------------             Chief Executive Officer
    Stephen Stonhill

/s/ Edward J. Kruk               Chief Financial Officer       December 20, 2004
--------------------
    Edward J. Kruk


                                      -7-