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


                                 --------------
                                   FORM 10-KSB
                                 --------------

|X| ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
    EXCHANGE ACT OF 1934

           For the fiscal year ended: Jan 1, 2007 to December 31, 2007

|_| TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
    EXCHANGE ACT OF 1934

                         For the transition period from:

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

                         Amstar Financial Services, Inc
                 (Name of small business issuer in its charter)

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

         Florida                      0-25803                   65-0181535
(State or Other Jurisdiction         (Commission              (I.R.S. Employer
     of Incorporation)              File Number)             Identification No.)


                 15921 SW 14th Street - Pembroke Pines FL 33027
                  [Mailing Address ONLY - NO Executive Office]

                                    No Phone
              (Registrant's telephone number, including area code)


                                       N/A
          (Former name or former address, if changed since last report)
                                 --------------
           Securities registered pursuant to Section 12(b) of the Act:

       Title of each class                          Name of each exchange on
                                                        which registered
-----------------------------------           ----------------------------------

           Securities registered pursuant to Section 12(g) of the Act:
  Common Stock, $0.001 par value per share;                              OTCBB
              SYMBOL AMAF

  Preferred Stock Classes A, B, and C:
  $0.001 par value per share;
  All classes convert to Common.


<PAGE>


Check whether the issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 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. |X| Yes   |_| NO

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure will be contained, to
the best of registrant's knowledge, in definitive proxy or information
statements Incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. |X|


Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Act). |X| Yes   |_| NO


State issuer's revenue for its most recent fiscal year.  ZERO REVENUE

State the aggregate market value of the voting and non-voting common equity held
by non-affiliates computed by reference to the price at which the common equity
was sold, or the average bid and asked price of such common equity, as of a
specified date within the past 60 days. AS OF Feb 22, 2008 AVERAGE BID .0007
ASK .0012

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date. 37,500,000 shares of Common
Stock outstanding as of February 22, 2008 (e)

                         ISSUERS INVOLVED IN BANKRUPTCY
                  PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

1. NONE TO REPORT, NO BANKRUPTCY PROCEEDINGS

Check whether the issuer has filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 after
the distribution of securities under a plan confirmed by a court.
                                 |_| Yes |_| NO


                       DOCUMENTS INCORPORATED BY REFERENCE
1.    COPIES OF AMSTAR'S CORPORATE INCOME TAX RETURNS FOR THE TAX YEARS ENDED
      12/31/04, 12/31/05, AND 12/31/06 available at www.armcoweb.com
2.    FLORIDA CIRCUIT COURT DOCUMENTS RELATED TO AMSTAR'S COMPLETION OF AN
      ASSIGNMENT FOR THE BENEFIT OF CREDITORS (Discharged May 2005)
3.    OTCBB EXCHANGE REPORT ON TRADING ACTIVITY OF AMSTAR'S COMMON STOCK
      OUTSTANDING available at www.otcbb.com.
4.    SCHEDULE OF AMSTAR'S EDGAR FILINGS FROM INCEPTION TO PRESENT DAY available
      at www.sec.gov/edgar.
5.    COPY OF SUMMARY OF SEC RULE 3-11 REGARDING THE FINANCIAL STATEMENTS OF AN
      INACTIVE REGISTRANT.



Transitional Small Business Disclosure Format (Check one): |_| Yes |X| NO


<PAGE>


                                     INDEX
                                     PART I


Financial Statements - 12/31/07
                                    PART II


Item 1.      Description of Business.                                        8

Item 2.      Description of Property.                                        8

Item 3.      Legal Proceedings.                                              8

Item 4.      Submission of Matters to a Vote of Security Holders.            8

Item 5.      Market for Common Equity and Related Stockholder Matters
             and Small Business Issuer Purchases of Equity Securities.       8

Item 6.      Managements' Discussion and Analysis or Plan of Operation.      8

Item 7.      Financial Statements.                                           8

Item 8.      Changes in and Disagreements With Accountants on
             Accounting and Financial Disclosure.                            9

Item 8A.     Controls and Procedures.                                        9

Item 8B.     Other Information.                                              9

                                PART III

Item 9.      Directors, Executive Officers, Promoters, Control Persons
             and Corporate Governance; Compliance With Section 16(a)
             of the Exchange Act.                                            9

Item 10.     Executive Compensation.                                         9

Item 11.     Security Ownership of Certain Beneficial Owners and
             Management and Related Stockholder Matters.                     9

Item 12.     Certain Relationships and Related Transactions, and
             Director Independence.                                          9


Item 13.     Exhibits.                                                      10

Item 14.     Principal Accounting Fees and Services.                        10

SIGNATURES                                                                  11


                                       i
<PAGE>


                         AMSTAR FINANCIAL SERVICES, INC.

                                      INDEX


                                                                           Pages
                                                                           -----
Accountant's Compilation Report                                              1

Balance Sheets
        As of December 31, 2007, 2006                                       2,3

Statements of Receipts, Disbursements and Retained Earnings (Defecit)
        For the Three Months Ending December 31, 2007, 2006                  4
        For the Year Ending December 31, 2007, 2006                          5

Statements of Cash Flows
        For the Three Months Ending December 31, 2007, 2006                  6
        For the Year Ending December 31, 2007, 2006                          7

Notes to Financial Statements                                                8


                                       ii
<PAGE>


                           JOEL G. GALPERN, CPA, P.A.
                           CERTIFIED PUBLIC ACCOUNTANT
JOEL G. GALPERN, CPA           CPAHELP FINANCIAL               MEETING LOCATIONS
                                    SERVICES            THROUGHOUT SOUTH FLORIDA

                                   MAIN OFFICE
                           CPAHELP FINANCIAL BUILDING
                        1035 N.E. 125TH STREET, SUITE 320
                           NORTH MIAMI, FLORIDA 93141

                            MIAMI-DADE: 305-803-8010
                                FAX: 305-803-8057

                             EMAIL: JOEL@CPAHELP.NET
                                 WWW.CPAHELP.NET



                                February 8, 2008

Amstar Financial Services, Inc.
Miami, Florida

The accompanying  consolidated  comparative  unaudited  balance sheets of Amstar
Financial  Services,  Inc. as of December 31, 2007 and December 31, 2006 and the
related  statements of receipts,  disbursements and retained earnings  (deficit)
for the periods then ended have been compiled by us.

A  Compilation  is  limited  to  presenting  in the form of  fincial  statements
information  that is the  representation  of management.  We have not audited or
reviewed the accompanying financial statements, and accordingly,  do not express
an opinion or any other form of assurance on them.

Management has elected to omit  substantially all of the disclosures as required
by generally accepted  accounting  principles.  If the omitted  disclosures were
included  in  the  financial   statements,   they  might  influence  the  user's
conclusions about the company's  financial  position,  results of operations and
cash flows.  Accordingly,  these financial statements are not designed for those
who ar not informed about such matters.

                                          JOEL G. GALPERN, C.P.A., P.A.

                                          /s/ Joel G. Galpern, C.P.A.
                                          ---------------------------
                                          Certified Public Accountant

JG/sf


           MEMBER: FLORIDA INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS


                                      iii
<PAGE>


                         AMSTAR FINANCIAL SERVICES, INC.
                           CONSOLIDATED BALANCE SHEETS
                                    UNAUDITED


                                                         Dec 31         Dec 31
                                                          2007           2006
                                                    ----------------------------
                                     ASSETS

CURRENT ASSETS
  Cash and Cash Equivalents                          $         -     $         -
                                                    ----------------------------
                                                     $         -     $         -

PROPERTY AND EQUIPMENT, Net                                    0               0

OTHER ASSETS
  Goodwill, net                                      $ 4,836,911     $ 4,836,911
  Other Assets                                                 0               0
                                                    ----------------------------
     Total Other Assets                              $ 4,836,911     $ 4,836,911

                                                    ----------------------------
     TOTAL ASSETS                                    $ 4,836,911     $ 4,836,911
                                                    ============================


                       SEE ACCOUNTANT'S COMPILATION REPORT


                                      F-1
<PAGE>


                         AMSTAR FINANCIAL SERVICES, INC.
                           CONSOLIDATED BALANCE SHEETS
                                    UNAUDITED


                                                         Dec 31         Dec 31
                                                          2007           2006
                                                    ----------------------------

                   LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Due to Value Financial Mortgage Services, Inc.      $  2,156        $      -
  Corporation Income Taxes Payable                      12,855          12,855
                                                    ----------------------------
    Total Current Liabilities                         $ 15,011        $ 12,855

                                                    ----------------------------
    Total Liabilities                                 $ 15,011        $ 12,855


STOCKHOLDERS' EQUITY
Preferred Stock:

   Series A Convertible, $0.001 par value; 20,000,000
   shares authorized, 10,782,097 shares issued and
   outstanding
   Series B Convertible, $0.001 par value; 1,000,000
   shares authorized, 841,666 shares issued and
   outstanding
   Series C Convertible, $0.001 par value; 900,000
   shares authorized, none issued

   Common Stock, $0.001 par value; 100,000,000 shares
   authorized, 35,000,000 shares issued and
   outstanding                                          37,500          37,500

Additional Paid in Capital                          16,498,157      16,498,157

Retained Earnings (Deficit)                        (11,673,368)    (11,671,212)

Unearned Compensation, Restricted Stock                (40,389)        (40,389)
                                                    ----------------------------

   Total Stockholders' Equity                       $4,821,900      $4,824,056

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

   TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY       $4,836,911      $4,836,911
                                                    ============================


                       SEE ACCOUNTANT'S COMPILATION REPORT


                                      F-2
<PAGE>


                         AMSTAR FINANCIAL SERVICES, INC.
    STATEMENTS OF RECEIPTS AND DISBURSEMENTS AND RETAINED EARNINGS (DEFICIT)
                                    UNAUDITED

                                                      Three Months  Three Months
                                                         Ending        Ending
                                                         Dec 31        Dec 31
                                                          2007          2006
                                                  ------------------------------

RECEIPTS
  Revenues                                        $          -    $          -

                                                  ------------------------------
    Net Receipts                                  $          -    $          -
                                                  ------------------------------

DISBURSEMENTS
                                                  $          -    $          -

                                                  ------------------------------
    Total Disbursements                           $          -    $          -
                                                  ------------------------------

    Net Income (Loss)                             $          -    $          -

  Retained Earnings (Deficit)
    - Beginning of Period                          (11,673,368)    (11,671,212)
                                                  ------------------------------
  Retained Earnings (Deficit) - End of Period     $(11,673,368)   $(11,671,212)
                                                  ==============================


                       SEE ACCOUNTANT'S COMPILATION REPORT


                                      F-3
<PAGE>


                         AMSTAR FINANCIAL SERVICES, INC.
    STATEMENTS OF RECEIPTS AND DISBURSEMENTS AND RETAINED EARNINGS (DEFICIT)
                                    UNAUDITED

                                                      Three Months  Three Months
                                                         Ending        Ending
                                                         Dec 31        Dec 31
                                                          2007          2006
                                                  ------------------------------

RECEIPTS
  Revenues                                        $          -    $          -

                                                  ------------------------------
    Net Receipts                                  $          -    $          -
                                                  ------------------------------

DISBURSEMENTS
  Licenses and Taxes                              $        150    $          -
  Professional Fees                                      2,006               0

                                                  ------------------------------
    Total Disbursements                           $      2,156    $          0
                                                  ------------------------------

    Net Income (Loss)                             $     (2,156)   $          -

  Retained Earnings (Deficit)
    - Beginning of Period                          (11,671,212)    (11,671,212)
                                                  ------------------------------
  Retained Earnings (Deficit) - End of Period     $(11,673,368)   $(11,671,212)
                                                  ==============================


                       SEE ACCOUNTANT'S COMPILATION REPORT


                                      F-4
<PAGE>


                         AMSTAR FINANCIAL SERVICES, INC.
                             STATEMENT OF CASH FLOWS
                                    UNAUDITED

                                                      Three Months  Three Months
                                                         Ending        Ending
                                                         Dec 31        Dec 31
                                                          2007          2006
                                                  ------------------------------
CASH FLOWS FROM OPERATING ACTIVITIES:

Net Income (Loss)                                 $          -    $          -
Adjustments to reconcile net income (loss)
to net cash provided by (used in) operating
activities:
   Depreciation and amortization

Changes in operating assets and liabilities:
  (Increase) Decrease in operating assets:
    Other assets
  Increase (Decrease) in operating liabilities:
    Due to Value Financial Mortgage Services, Inc.------------------------------
  Net cash used in Operating Activities           $          -    $          -


  Net Increase (Decrease) in Cash and             ------------------------------
    Cash Equivalents                              $          -    $          -


  Cash and Cash Equivalents - Beginning of Period
                                                  ------------------------------
  Cash and Cash Equivalents - End of Period       $          -    $          -
                                                  ==============================


                      SEE ACCOUNTANT'S COMPILATION REPORT


                                      F-5
<PAGE>


                         AMSTAR FINANCIAL SERVICES, INC.
                             STATEMENT OF CASH FLOWS
                                    UNAUDITED

                                                      Three Months  Three Months
                                                         Ending        Ending
                                                         Dec 31        Dec 31
                                                          2007          2006
                                                  ------------------------------
CASH FLOWS FROM OPERATING ACTIVITIES:

Net Income (Loss)                                 $     (2,156)   $          -
Adjustments to reconcile net income (loss)
to net cash provided by (used in) operating
activities:
   Depreciation and amortization

Changes in operating assets and liabilities:
  (Increase) Decrease in operating assets:
    Other assets
  Increase (Decrease) in operating liabilities:
    Due to Value Financial Mortgage Services, Inc.       2,156
                                                  ------------------------------
  Net cash used in Operating Activities           $          -    $          -


  Net Increase (Decrease) in Cash and             ------------------------------
    Cash Equivalents                              $          -    $          -


  Cash and Cash Equivalents - Beginning of Period
                                                  ------------------------------
  Cash and Cash Equivalents - End of Period       $          -    $          -
                                                  ==============================


                      SEE ACCOUNTANT'S COMPILATION REPORT


                                      F-6
<PAGE>



                         AMSTAR FINANCIAL SERVICES, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                DECEMBER 31, 2007


Note 1:
-------

The Company's  federal  income tax returns for the fiscal years ending  December
31, 2003,  2004,  2005 and 2006 are available at  info@armcoweb.com.  These were
prepared in accordance with generallyt accepted accounting principles.

The 2003 income tax return  ties back to the  September  30, 2003 Form 10Q.  The
2005  income tax return  reflects  the income  statement  prepared by the court-
appointed  Assignee who executed Amstar's Florida  Assignment for the Benefit of
Creditors.

There were no material business operations in 2004, 2005, 2006 and 2007.

Note 2:
-------

Attached are certain  summary  documents  from Amstar's 2004 filing of a Florida
Assignment for the Benefit of Creditors,  and its 2005 successful  conclusion of
the Assignment.

Note 3:
-------

Amstar's most recent SEC Edgar Filing Journal current through December 31, 2007,
is available at www.sec.gov/edgar.

Note 4:
-------

As of December  31, 2007 the Company is not  involved in any  litigation  of any
kind. There are no legal actions pending.


                                      F-7
<PAGE>


                                     PART II


Item 1.  Description of Business.

Amstar Financial Services, Inc. is an inactive registrant with no revenue or
assets. As properly disclosed on an 8K filed March 1, 2004 the Company ceased
mortgage banking operations in February 2004. The Company subsequently entered
into a Florida Assignment for the Benefit of Creditors on March 4, 2004 and
emerged without material creditor or shareholder challenge on March 23, 2005.

The Assignment was managed by Michael Moecker and Associates of Fort Lauderdale,
Florida. Amstar handed over control of all its assets, and Moecker liquidated
them as appropriate and under the supervision of the courts - to pay Amstar's
expenses and creditors. All creditors of record were notified by Moecker, and
given an opportunity to participate in a distribution of Amstar's assets, if
any. By electing to participate in any potential distribution, the creditor
stayed certain creditor rights. Moecker records indicate that all known
creditors elected to participate, resulting in no litigation for Amstar.

When the Assignment was complete, Amstar had no assets remaining.

Copies of the relevant court documents are attached to this filing as an
exhibit.

Item 2.  Description of Property.

Amstar has no property in its possession.


Item 3.  Legal Proceedings.

Amstar is not involved in any legal proceedings nor does it have knowledge of
any pending legal proceedings.


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

Amstar has no matters submitted to a vote of Security Holders. Amstar plans to
inform its shareholders of record of its future plans sometime during the coming
fiscal year.

Item 5.  Market for Common Equity and Related Stockholder Matters and Small
         Business Issuer Purchases of Equity Securities.

There is no current market for Amstar's Common Equity. The common stock remains
available via the OTCBB and the Pink Sheet Exchanges.


Item 6.  Managements' Discussion and Analysis or Plan of Operation.

There are no operations to discuss, and no present plan for operations.



Item 7.  Financial Statements.

Attached are 12/31/07 financial statements.


                                      F-8
<PAGE>


Item 8.  Changes in and Disagreements With Accountants on Accounting and
         Financial Disclosure.

Amstar has no revenue or assets. Amstar has no known disagreements with its
Accountants regarding its financial reports or accounting disclosure.

This filing is submitted under SEC Rule 3-11captioned "Financial Statements of
an Inactive Registrant" While the 12/31/02 10K and all prior Federal Tax Returns
were filed by a properly licensed SEC compliant accounting firm, the interim
Federal Tax Returns and all 2007 10Q filings and this 2007 10KSB have been
compiled and prepared by non-SEC practitioners. Amstar has no revenue or assets
(other than the value of its goodwill if any and the value of any existing tax
loss carry forwards) and supports this by attaching financial documents from the
Circuit Court in Florida that have been part of the public record unchallenged
since 2005.

These financial documents are the result of the conclusion of proper legal
proceedings in a court of proper jurisdiction.


Item 8A. Controls and Procedures.

Presently, there are minimal controls or procedures in place regarding business,
because there is no business to control.

Should a qualified business be identified, appropriate controls and procedures
will be developed as promptly as is reasonably possible.


Item 8B. Other Information.

Nothing to report at this time.

                                    PART III

Item 9.  Directors, Executive Officers, Promoters, Control Persons and
         Corporate Governance; Compliance With Section 16(a) of the Exchange
         Act.

There are two surviving directors. Nelson A. Locke and Charles M. Kluck. Because
there is no active business operation, there are no corporate committees at this
time.


Item 10. Executive Compensation.

There is no current Executive Compensation.  Mr. Locke and Mr. Kluck have
been maintaining the corporation without compensation because the corporation
has no liquidity. Mr. Locke and Mr. Kluck retain the right to assert a claim
for compensation at a future time, as appropriate.


Item 11. Security Ownership of Certain Beneficial Owners and Management and
         Related Stockholder Matters.

There are approximately 11,000,000 shares of Preferred Class A and 900,000
shares of Preferred Class B outstanding. If converted, the formula is one share
preferred to one share common.


Item 12. Certain Relationships and Related Transactions, and Director
         Independence.

Nothing to report at this time.


                                      F-9
<PAGE>


Item 13. Exhibits.

Florida Assignment Records 22208
Amstar Edgar Schedules 22208
SEC Rule 311 22208


Item 14. Principal Accounting Fees and Services.


Please refer to the attached financial reports for this information. The fees
are minimal and were personally assumed by Mr. Locke and Mr. Kluck to keep
your company current.


                                      F-10
<PAGE>


                                   SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

Date: March 6, 2008
                                          Amstar financial Services, Inc.


                                          By: /s/ [Nelson A. Locke]
                                              ---------------------------------
                                              [Nelson A. Locke]
                                              [CEO and Director]

In accordance with the Exchange Act of 1934, this report has been signed below
by the following persons on behalf of the registrant and in the capacities and
on the dates indicated.

         Signature                        Title                     Date
----------------------------  ------------------------------- -----------------
/s/ Nelson A. Locke           Chief Executive Officer and     March 6, 2008
                              Director

/s/ Charles M. Kluck          President and Director          March 6, 2008




                                      F-11
<PAGE>
AMAF - AMSTAR Financial Services, Inc.
Com ($0.001)
Primary Venue: Pink Sheets

<TABLE>
<CAPTION>
<S>     <C>    <C>      <C>            <C>       <C>              <C>
Quote   News   Charts   Company Info   Filings   Short Interest   Insider Transactions
</TABLE>


Inside Quote
--------------------------------------------------------------------------------
Best Bid                    Best Ask                  Time of Last Inside Change
0.0007 (5000 shares)        0.0012 (5000 shares)      12:13 PM


<TABLE>
<CAPTION>
<S>                        <C>                          <C>                     <C>
Trade Data / Last Trade 12:13 PM
--------------------------------------------------------------------------------------------------
Last Sale                  0.001                        Change                  +0.0003
% Change                   +42.8571                     Tick                    Down
Daily High                 0.001                        Daily Low               0.001
Opening Price              0.001                        Volume                  77,448
52 wk. High                0.055                        52 wk. Low              0.0006
Prev Close                 0.0007                       Dividend                0.00
Yield                      0.00                         Beta Coefficient        0.78
Trade data delayed 15 minutes.
</TABLE>

All information contained herein is provided "as is." Pink Sheets LLC makes no
representation or warranty, expressed or implied, as to the accuracy,
timeliness, or completeness of the information provided herein. Neither Pink
Sheets LLC, nor its directors, officers, employees, or third party data
suppliers, shall bear any responsibility or liability to verify the information
and/or its source or for the use, misuse, or inability to use the information
provided. None of the foregoing parties shall be liable to any third-party
claims or losses of any nature. Accordingly, investors should not use this
information as the basis for making an investment decision. Please see Risk
Warning and Terms of Service for more information.

<PAGE>


                                          IN THE ELEVENTH JUDICIAL CIRCUIT COURT
                                          IN MIAMI-DADE COUNTY, FLORIDA

                                          GENERAL JURISDICTION DIVISION
                                          CASE NO: 04-5341 CA 09

In Re:

AMSTAR FINANCIAL SERVICES, INC.,
And its wholly owned subsidiary, JUPITER
MORTGAGE CORPORATION d/b/a
SYNERGY MORTGAGE SOLUTIONS and
d/b/a AMERICA'S SENIOR FINANCIAL
SERVICES and SYNERGY MORTGAGE
SOLUTIONS, INC.,                          NOTICE OF HEARING
                                          (Motion Calendar)

      Assignor,
TO:

MICHAEL P. PHELAN of MICHAEL
MOECKER & ASSOCIATES, INC.,

      Assignee.

____________________________

NOTICE IS HEREBY GIVEN that the undersigned will call up for hearing the
following:
MOTION: Objections to Petition to Abandon Records and to Discharge Assignee
JUDGE: The Honorable Marc Shumacher
DATE: March 23, 2005
TIME: 8:30 AM
PLACE:  Dade County Courthouse
        73 West Flagler Street, Room 626
        Miami, Florida 33130

PLEASE BE GOVERNED ACCORDINGLY

Signed on February 9, 2005

                                        MARKOWITZ, DAVID, RINGEL & TRUSTY, P.A.
                                        Attorneys for Assignee
                                    By: CANDIS TRUSTY
                                        ---------------------------------------
                                        CANDIS TRUSTY
                                        Florida Bar No. 335101


*"If you are a person with a disability who needs any accommodation to
participate in the proceeding, you are entitled, at no cost to you, to the
provision of certain assistance. Please contact the Dade County Court's ADA
Coordinator at 73 West Flagler Street, Room 1600, Miami, Florida 33130,
telephone numbers (303) 349-7175 for voice, (303) 375-2007 for TDD and (305)
350-6205 for fax, within two (2) working days of your receipt of this document.
TDD users may also call 1-800-955-8771, for the Florida Relay Service."

                    MARKOWITZ, DAVIS, RINGEL & TRUSTY, P.A.



<PAGE>


                                          IN THE ELEVENTH JUDICIAL CIRCUIT COURT
                                          IN MIAMI-DADE COUNTY, FLORIDA

                                          GENERAL JURISDICTION DIVISION
                                          CASE NO: 04-5341 CA 09

In Re:

AMSTAR FINANCIAL SERVICES, INC.,
And its wholly owned subsidiary, JUPITER
MORTGAGE CORPORATION d/b/a
SYNERGY MORTGAGE SOLUTIONS and
d/b/a AMERICA'S SENIOR FINANCIAL
SERVICES and SYNERGY MORTGAGE
SOLUTIONS, INC.,


      Assignor,
TO:

MICHAEL P. PHELAN of MICHAEL
MOECKER & ASSOCIATES, INC.,

      Assignee.

____________________________

                          ORDER GRANTING ABANDONMENT OF
                        RECORDS AND DISCHARGING ASSIGNEE

THIS CASE came before this Court on March 23, 2005 on the Assignees Petition to
Abandon Records and to Discharge Assignee, the Court having heard arguments,
reviewed the file, and being otherwise fully advised on the premises, it is

     ORDERED AND ADJUDGED:

     1.   No objections to the Petition for Discharge were timely filed and
          served.

     2.   Assignee's Petition to Abandon Records and to Discharge Assignee is
          granted.

Assignee is authorized to abandon and/or destroy all closed mortgage loan files.

     3.   The Court approves:

          A.   Assignee's Final report;


<PAGE>

                                                       Case No. 03-13995 CACE 21


          B.   The reasonable fees and reimbursement of expenses for Assignee
               and all professional persons retained by Assignee.

     4.   This Court discharges the Assignee from any duties, liabilities, and
          responsibilities pursuant to the provisions of the Assignment and
          Florida Statutes Chaper 727.

     5.   This Court discharges Assignee's Surety Bond filed with the Clerk of
          the Court, and directs the Clerk of this Court to return the Surety
          Bond to Assignee forthwith.

     6.   The Assignee shall serve this Order.

DONE AND ORDERED AT Miami-Dade County, Florida on April _________, 2005.


                                                           _____________________
                                                           CIRCUIT COURT JUDGE

Conformed copies:
Candis Trusty, Esquire



<PAGE>


                           AMSTAR FINANCIAL SERVICES
                             d/b/a Jupiter Mortgage
                                  Final Report
                                    3/23/05

Receipts
--------


Accounts Receivable             $        64,520.98
Interest Income                 $            51.64
Recovery Insurance              $           445.00
Recovery Bank Accounts          $        15,145.16
Refunds                         $          1410.10
Sale of Assets                  $         6,915.11
                                $
Total Receipts                  $        88,487.99
                                $
Disbursements                   $
------------------------
Refunds                         $         1,165.18
Administrative Services         $           600.00
Computer/Technology             $         6,659.50
Commissions                     $        13,682.73
Contract Labor                  $            80.00
Fedex & Delivery                $           227.51
Insurance                       $        18,584.64
Legal Advertising               $           236.65
Legal Fees                      $        18.225.00
Assignee Fees                   $         8,800.39
Moving Expense                  $         1,050.00
Postage, Xerox & Faxes          $         2,493.11
Record Storage                  $         5,560.00
Research                        $           400.00
Security                        $           489.73
Storage                         $         9,166.60
Surety Bond                     $           250.00
Travel                          $           271.95
Telephone                       $           100.00
Returned Checks                 $           445.00
                                $
Total Reimbursements            $        88,487.99
                                $
Total in Bank Account           $






<PAGE>


Rule 3-11 -- Financial Statements of an Inactive Registrant


If a registrant is an inactive entity as defined below, the financial
statements required by this regulation for purposes of reports pursuant to the
Securities Exchange Act of 1934 may be unaudited. An inactive entity is one
meeting all of the following conditions:


    (a)  Gross receipts from all sources for the fiscal year are not in excess
         of $100,000;

    (b)  The registrant has not purchased or sold any of its own stock, granted
         options therefore, or levied assessments upon outstanding stock;

    (c)  Expenditures for all purposes for the fiscal year are not in excess of
         $100,000;

    (d)  No material change in the business has occurred during the fiscal
         year, including any bankruptcy, reorganization, readjustment or
         succession or any material acquisition or disposition of plants, mines,
         mining equipment, mine rights or leases; and

    (e)  No exchange upon which the shares are listed, or governmental
         authority having jurisdiction, requires the furnishing to it or the
         publication of audited financial statements.