U.S. 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 DECEMBER 31, 2004.

[_]  Transition  Report  Under  Section  13  or 15(d) of the Securities Exchange
     Act  of  1934  For  the  transition  period  from           to
                                                        --------    --------.

Commission file number: 000-32845
                        ---------

                              OPUS COMMUNITIES INC.
                              ---------------------
                 (Name of Small Business Issuer in Its Charter)


          TEXAS                                         75-2668876
          -----                                         ----------
(State or Other Jurisdiction of          (I.R.S. Employer Identification Number)
Incorporation or Organization)


                2600 VENTURA DR., SUITE 1521, PLANO, TEXAS 75093
                ------------------------------------------------
               (Address of Principal Executive Offices) (Zip Code)

                                 (972) 364-8282
                                 --------------
                (Issuer's Telephone Number, Including Area Code)

Securities registered under Section 12(g) of the Exchange Act:

                               Title of Each Class
                               -------------------
                         COMMON STOCK ($0.001 PAR VALUE)

     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 [_]

     Check if there is no disclosure of delinquent filers in response to Item
405 of Regulation S-B not 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].

     The issuer's revenues for the year ended December 31, 2004, were $0.

     The aggregate market value of the registrant's voting and non-voting common
equity held by non-affiliates was approximately $993,200 on the last business
day of the registrant's most recently completed annual report. On April 19,
2005, the number of shares outstanding of the registrant's common stock, $0.001
par value, was 63,880,000.


<PAGE>
<TABLE>
<CAPTION>
                                TABLE OF CONTENTS


PART I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  3
<S>       <C>       <C>                                                         <C>
          ITEM 1.   Description Of Business . . . . . . . . . . . . . . . . . .  3
          ITEM 2.   Description Of Property . . . . . . . . . . . . . . . . . .  4
          ITEM 3.   Legal Proceedings . . . . . . . . . . . . . . . . . . . . .  4
          ITEM 4.   Submission Of Matters To A Vote Of Security Holders . . . .  7
PART II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  4
          ITEM 5.   Market For Common Equity And Related Stockholder Matters  .  4
          ITEM 6.   Management's Discussion And Analysis Or Plan Of Operation .  5
          ITEM 7.   Financial Statements. . . . . . . . . . . . . . . . . . . .  8
                    Changes In And Disagreements With Accountants On
          ITEM 8.   Accounting And Financial Disclosure . . . . . . . . . . . .  9
          ITEM 8A.  Controls And Procedures . . . . . . . . . . . . . . . . . .  9

PART III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  9
          ITEM 9.   Directors And Executive Officers. . . . . . . . . . . . . .  9
          ITEM 10.  Executive Compensation. . . . . . . . . . . . . . . . . . . 10
                    Security Of Certain Beneficial Owners And Management
          ITEM 11.  And Related Stockholder Matters . . . . . . . . . . . . . . 11
          ITEM 12.  Certain Relationships And Related Transactions. . . . . . . 12
          ITEM 13.  Exhibits And Reports On Form 8-K. . . . . . . . . . . . . . 12
          ITEM 14.  Principal Accountant Fees and Services. . . . . . . . . . . 12

INDEX TO EXHIBITS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
CERTIFICATIONS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
</TABLE>


                                        2
<PAGE>
                                     PART I

Forward-looking Information

     This  information  statement  contains forward-looking statements. For this
purpose,  any  statements contained herein that are not statements of historical
fact  may be deemed to be forward-looking statements. These statements relate to
future  events  or  to  our future financial performance. In some cases, you can
identify  forward-looking  statements  by  terminology  such as "may," "should,"
"expects,"  "plans,"  "anticipates,"  "believes,"  "estimates,"  "predicts,"
"potential,"  or  "continue"  or  the negative of such terms or other comparable
terminology. These statements are only predications. Actual events or results do
differ  materially  from  those  indicated  by  such forward-looking statements.

     Although  the  Company  believes  that  the  expectations  reflected in the
forward-looking  statements  are reasonable, it cannot guarantee future results,
levels of activity, performance, or achievements. Moreover, the Company does not
assume  responsibility for the accuracy and completeness of such forward-looking
statements.  The  company  is under no duty to update any of the forward-looking
statements  after  the  date  of  this  information  statement  to  conform such
statements to actual results. The foregoing management's discussion and analysis
should  be  read  in conjunction with the Company's financial statements and the
notes herein.

ITEM 1.     DESCRIPTION OF BUSINESS

     As  used  herein,  the  term  "Company" refers to Opus Communities, Inc., a
Texas corporation, unless the context indicates otherwise. The Company, formerly
known as Cobra Financial Services, Inc. ("Cobra"), was incorporated on September
16,  1996  for  the  purpose  of  investing  in  agricultural land and projects.
Although  the  Company's  operations  have  historically  consisted of providing
investments  in  the agricultural industry, including our attempt to export meat
products, the Company closed its agricultural operations due to continued losses
in  2003.  The winding down of these operations was facilitated by the Company's
December  2002  sale  of farm equipment to our major shareholder in exchange for
his discharge of our indebtedness to him of approximately $36,400. This sale and
discharge  of  indebtedness  occurred in conjunction with the termination of our
farm  lease.  To reflect the change in operations the Company's name was changed
to  Opus  Communities,  Inc.  on  August  19,  2004.

     The  Company's  business in 2004 consisted of searching for viable business
operations  to acquire or merge with in our attempt to achieve profitability. We
are attempting to obtain profitability by searching for candidates with which to
merge  or  acquire.

     At  present,  we  have  no  employees  and  our  affairs are handled by our
officers.

ITEM  2.     DESCRIPTION OF PROPERTY

     Our  headquarters  are  located  at  2600 Ventura Dr. Suite 1521, Plano, TX
75093.  We  believe  that  our  facilities  are  adequate for our needs and that
additional  suitable space will be available on acceptable terms as required. We
do  not  own  any  real  estate.


                                        3
<PAGE>
ITEM 3.     LEGAL PROCEEDINGS

     On March 10, 2005, Opus Corporation, Opus Northwest Corporation, Opus South
Corporation and Opus West Corporation filed a civil lawsuit in The United States
District  Court  for  the Southern District of Florida against Opus Communities,
Inc. alleging among other things, Trademark Infringement and Unfair Competition.
Opus  Communities  denies the allegations and has retained counsel in an attempt
to  settle  the litigation. Opus Communities, Inc. has agreed to change the name
of  the  Corporation  and  is  taking  the  necessary  steps  for a name change.


ITEM 4.     SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

     There were no matters submitted to a vote of the Company's security holders
during the fourth quarter of 2004.

                                    PART II

ITEM 5.     MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

     The Company's Common Stock is traded on the NASD's Pink Sheets under the
symbol "OPUC". Because no meaningful trading market for the Company's common
stock occurred until 2004, the table below sets forth the high and low sales
prices for the Company's common stock for only the third quarter of 2004 and for
the interim period thereafter. The quotations below reflect inter-dealer prices,
without retail markup, markdown or commission and may not represent actual
transactions. All figures reflect a six-for-one (6-for-1) forward stock split
which became effective on August 19, 2004.

Year  Quarter             High    Low
2004  Third *             $1.20  $1.05
      Fourth              $1.25  $0.64

     *Note  that  trading  in  our  common  stock  on  the  Pink  Sheets did not
     begin until approximately September 8, 2004.

Shareholders

     The Company is authorized to issue One Hundred Thousand (100,000,000)
shares of Common Stock and Twenty Million (20,000,000) shares of preferred stock
("Preferred Stock"). As of April 19, 2005, there were approximately 30
shareholders of record holding a total of 63,880,000 shares of Common Stock.

Dividends on the Common Stock


                                        4
<PAGE>
     The Company has not declared a cash dividend on its Common Stock in the
last two fiscal years and the Company does not anticipate the payment of future
dividends.  The Company may not pay dividends on its Common Stock without first
paying dividends on its Preferred Stock.  There are no other restrictions that
currently limit the Company's ability to pay dividends on its Common Stock other
than those generally imposed by applicable state law.

Recent Sales of Unregistered Securities

     In July 2000, we issued 250,000 shares of common stock in a private
offering that was offered without registration under the Securities Act of 1933
(the "Act"). The total amount raised was $25,000. All of the shares were issued
pursuant to exemptions from registration under Sections 3(b) and 4(2) of the Act
and Regulation D.

Securities authorized for issuance under equity compensation plans.

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
  Plan Category         Number of         Weighted-       Number of securities
                    securities to be    average price   remaining available for
                       issued upon     of outstanding    future issuance under
                       exercise of        options,        equity compensation
                       outstanding      warrants and        plans (excluding
                        options,           rights       securities reflected in
                      warrants and           (b)              column (a))
                         rights                                   (c)
                           (a)
--------------------------------------------------------------------------------
<S>                 <C>                <C>              <C>
Equity                              0                0                         0
compensation plans
approved by
security holders
--------------------------------------------------------------------------------
Equity                              0                0                         0
compensation plans
not approved by
security holders
--------------------------------------------------------------------------------
Total                               0                0                         0
--------------------------------------------------------------------------------
</TABLE>

ITEM 6.     MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Forward-looking Information

     This information statement contains forward-looking statements. For this
purpose, any statements contained herein that are not statements of historical
fact may be deemed to be forward-looking statements. These statements relate to
future events or to our future financial performance. In some cases, you can
identify forward-looking statements by terminology such as "may," "should,"
"expects," "plans," "anticipates," "believes," "estimates," "predicts,"
"potential" or "continue" or the negative of such terms or other comparable
terminology. These statements


                                        5
<PAGE>
are only predictions. Actual events or results may differ materially. There are
a number of factors that could cause our actual results to differ materially
from those indicated by such forward-looking statements.

     Although the Company believes that the expectations reflected in the
forward-looking statements are reasonable, it cannot guarantee future results,
levels of activity, performance, or achievements. Moreover, it does not assume
responsibility for the accuracy and completeness of such forward-looking
statements. The Company is under no duty to update any of the forward- looking
statements after the date of this information statement to conform such
statements to actual results. The foregoing management's discussion and analysis
should be read in conjunction with the Company's financial statements and the
notes herein.

Plan of operation

     Our business plan is to seek to acquire or merge with potential businesses
that may, in the opinion of management, warrant our involvement.  Management's
discretion is unrestricted, and we may participate in any business whatsoever
that may in the opinion of management meet the business objectives discussed
herein.  We may investigate businesses of any kind or nature, including those in
finance, technology, manufacturing, service, research and development,
communications, insurance, brokerage and transportation. Management may also
seek to become involved with other development stage companies or companies that
could be categorized as financially troubled.  We may effect a business
combination with another business outside the United States.  We have not
limited the scope of our search to a particular region or country.  Accordingly,
to the extent that the acquired business may be located or operate in a foreign
jurisdiction, our operations may be adversely affected to the extent of the
existence of unstable economic, social and/or political conditions in such
foreign regions and countries.  We may not be capable of reviewing the potential
operational risks surrounding foreign businesses.

     Other  than  general  corporate  activities,  including the negotiation and
consummation  of  a  business combination, we will not engage in any substantive
commercial  business until such time as we have effected a business combination.

Results of operations

     The following discussion should be read in conjunction with the audited
financial statements and notes thereto included in the Company's annual report
on Form 10-KSB for the fiscal year ended December 31, 2004; and should further
be read in conjunction with the financial statements included in this report.
Comparisons made between reporting periods herein are for the year ended
December 31, 2004 as compared to the year ended December 31, 2003.

YEAR ENDED DECEMBER 31, 2004 COMPARED TO YEAR ENDED DECEMBER 31, 2003

     Revenues for the fiscal year ended December 31, 2004 and the same period
for 2003 was $0. The operating loss increased to $47,052 as compared to $1,267
in 2003 as a result in a increase of Professional Fees from $0 for the year
ended December 2003, to $15,622 for 2004


                                        6
<PAGE>
and a increase in consulting expenses from $0 for the year-end December 31, 2003
to $5,000 in 2004, and an increase of Officers Salary from $0 for the year ended
December 2003, to $24,860 for 2004.

<TABLE>
<CAPTION>
--------------------------------------------
EXPENSES                      2004     2003
--------------------------------------------
<S>                          <C>      <C>
Consulting Expenses          $ 5,000  $    0
--------------------------------------------
Officer Salary and Expenses   24,860       0
--------------------------------------------
Professional Fees             15,622       0
--------------------------------------------
Lease                              0       0
--------------------------------------------
Vehicle                            0       0
--------------------------------------------
Depreciation                       0       0
--------------------------------------------
Other                          1,488   1,267
--------------------------------------------
</TABLE>

Liquidity and capital resources

Year Ended December 31, 2004 Compared to Year Ended December 31, 2003.

     As of December 31, 2004, our net cash used in operating activities was
$4,630, compared to $267 for the same period in 2003. Net cash used in investing
activities as of December 31, 2004 and the same period in 2003 was $0. Net cash
provided from financing activities increased to $22,600 for the year ended
December 31, 2004 from $1,000 for the same period in 2003.

Going Concern

     The Company has relied upon its Chief Executive Officer, Carlton Fleming,
for its capital requirements and liquidity. The Company will continue to seek
alternate sources of financing to allow the Company to acquire other operating
entities which may improve the Company's weak liquidity and capital resources.
Additionally, the Company may continue to use its equity and resources of its
president to finance operations. However, no assurances can be provided that the
Company will be successful in acquiring assets, whether revenue-producing or
otherwise, or that Mr. Fleming will continue to assist in financing the
Company's operations.

ITEM 7.     FINANCIAL STATEMENTS

     The Company's financial statements for the fiscal year ended December 31,
2004 are attached hereto beginning on page F-1.


                                        7
<PAGE>
             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
             -------------------------------------------------------



Board of Directors
Opus Communities Inc.

We  have  audited  the  accompanying  balance  sheet  of  Opus  Communities
Inc.("Company"),  formerly Cobra Financial Services Inc. as of December 31, 2004
and  the related statement of operations, statement of stockholders' equity, and
the  statement of cash flows for the twelve month period ended December 31, 2004
and  2003  These  financial  statements  are the responsibility of the Company's
management.  Our  responsibility  is  to  express an opinion on these statements
based  on  my  audit.

We conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we 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
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audit provides a
reasonable basis for my opinion.

In  our  opinion,  the financial statements referred to above present fairly, in
all  material respects, the financial position of the Company as of December 31,
2004  and  the results of its operations and its cash flows for the twelve month
period ended December 31, 2004 and 2003 in conformity with accounting principles
generally  accepted  in  the  United  States.

The  accompanying  financial  statements  have  been  prepared assuming that the
Company  will  continue  as  a going concern. The Company has suffered recurring
losses from operations and negative working capital that raise substantial doubt
about  its  ability to continue as a going concern. This is further explained in
the  notes  to financial statements. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.



                                Clyde Bailey P.C.
San  Antonio, Texas
March 30. 2005


                                      F-1
<PAGE>
<TABLE>
<CAPTION>
                              OPUS COMMUNITIES INC.
                    (FORMERLY COBRA FINANCIAL SERVICES INC.)
                                  BALANCE SHEET
                             AS OF DECEMBER 31, 2004


                                   A S S E T S
                                   -----------

Current Assets
--------------
<S>                                                    <C>      <C>
        Cash                                           $ 4,630
                                                       -------
              Total Current Assets                                 4,630
                                                                ---------

        Total Assets                                            $  4,630
                                                                =========

                               L I A B I L I T I E S
                               ---------------------
Current Liabilities
-------------------
Accrued Interest                                       $    82
Note Payable                                            25,000

          Total Current Liabilities                               25,082
                                                                ---------

          Total Liabilities                                     $ 25,082

Commitments and Contingencies                                          -


                      S T O C K H O L D E R S '  E Q U I T Y
                      --------------------------------------
Preferred Stock

20,000,000 authorized shares, par
value $.001 no shares issued and
outstanding
Common Stock                                                      63,880
100,000,000 authorized shares, par value $.001
63,880,000 shares issued and outstanding

Additional Paid-in-Capital                                       (28,920)
Stock to be issued                                                22,600
Retained Earnings                                                (78,012)
                                                                ---------

          Total Stockholders' Equity (Deficit)                   (20,452)
                                                                ---------

          Total Liabilities and Stockholders' Equity            $  4,630
                                                                =========
</TABLE>

    The accompanying notes are integral part of these Financial Statements.


                                      F-2
<PAGE>
<TABLE>
<CAPTION>
                              OPUS COMMUNITIES INC.
                    (FORMERLY COBRA FINANCIAL SERVICES INC.)
                             STATEMENT OF OPERATIONS

                                               --------------------------
                                                  FOR THE YEARS ENDED
                                                      DECEMBER 31
                                               --------------------------
                                                   2004          2003
                                               ------------  ------------
<S>                                            <C>           <C>
REVENUES:
---------

Revenues                                                 -             -
                                               ------------  ------------

      Total Revenues                           $         -   $         -


EXPENSES:
---------

Consulting Expenses                                  5,000             0
Officer Salary and Expenses                         24,860             0
Professional Fees                                   15,622             0
Interest Expense                                        82             0
Other Expenses                                       1,488         1,267
                                               ------------  ------------

      Total Expenses                                47,052         1,267

Net Loss from Operations                       $   (47,052)  $    (1,267)
                                               ------------  ------------


Provision for Income Taxes:
Income Tax Benefit (Expense)                             -             -
                                               ------------  ------------

              Net Loss                         $   (47,052)  $    (1,267)
                                               ============  ============

Basic and Diluted Earnings Per Common Share    $     (0.00)  $     (0.00)
                                               ------------  ------------

Weighted Average number of Common Shares        81,313,333    93,780,000
used in per share calculations                 ============  ============
</TABLE>


     The accompanying notes are integral part of these Financial Statements.


                                      F-3
<PAGE>
<TABLE>
<CAPTION>
                                                              OPUS COMMUNITIES INC
                                                       Statement of  Stockholders' Equity


                                               $0.001          Stock          Paid-In         Retained      Stockholders'
                               Shares        Par Value      to be Issued      Capital         Earnings         Equity
                           --------------  --------------  --------------  --------------  --------------  ---------------
<S>                        <C>             <C>             <C>             <C>             <C>             <C>
Balance January 1, 2003       93,780,000   $      93,780   $           -   $     (63,820)  $     (29,693)  $          267

Net Loss                                                                                          (1,267)          (1,267)
                           --------------  --------------  --------------  --------------  --------------  ---------------
Balance December 31, 2003     93,780,000   $      93,780   $           -   $     (63,820)        (30,960)  $       (1,000)

Stock Cancelled              (30,000,000)        (30,000)                  $      30,000

Stock Issued for Services        100,000             100                           4,900                            5,000

Stock Issued for Cash                                  -          22,600                                           22,600

Net Loss                                                                                         (47,052)         (47,052)
                           --------------  --------------  --------------  --------------  --------------  ---------------
Balance December 31, 2004     63,880,000   $      63,880          22,600   $     (28,920)        (78,012)  $      (25,452)
                           ==============  ==============  ==============  ==============  ==============  ===============
</TABLE>


     The accompanying notes are integral part of these Financial Statements.


                                      F-4
<PAGE>
<TABLE>
<CAPTION>
                              OPUS COMMUNITIES INC.
                    (FORMERLY COBRA FINANCIAL SERVICES INC.)
                             STATEMENT OF CASH FLOWS


                                              --------------------------
                                                  FOR THE YEAR ENDED
                                                      DECEMBER 31
                                              --------------------------
                                                  2004          2003
                                              ------------  ------------
<S>                                           <C>           <C>
Cash Flows from Operating Activities:
-------------------------------------

Net Loss                                      $   (47,052)  $    (1,267)
    Stock Issued for Services                       5,000             -


Changes in operating assets and liabilities:
    Accrued Interest                                   82             -
                                              ------------  ------------

Net Cash Used in Operating Activities         $   (41,970)  $    (1,267)


Cash Flows from Investing Activities:
-------------------------------------

Fixed Assets                                            -             -
                                              ------------  ------------

Net Cash Used in Investing Activities         $         -   $         -
                                              ------------  ------------

Cash Flows from Financing Activities:
-------------------------------------

      Advances from Officer                        (1,000)            -
      Stock Issued for Cash                        22,600
      Short Term Borrowing                         25,000         1,000
                                              ------------  ------------

Net Cash Provided from Financing Activities   $    46,600   $     1,000
                                              ------------  ------------

Net Increase (Decrease) in Cash               $     4,630   $      (267)

Cash Balance, Begin Period                          4,630             -
                                              ------------  ------------

Cash Balance, End Period                      $         -   $       267
                                              ============  ============

Supplemental Disclosures:
Cash Paid for interest                                  -             -
Cash Paid for income taxes                              -             -
Stock Issued for Services                           5,000             -
</TABLE>


     The accompanying notes are integral part of these Financial Statements.


                                      F-5
<PAGE>
                             OPUS COMMUNITIES, INC.
                    (FORMERLY COBRA FINANCIAL SERVICES INC.)
                          NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
---------------------------------------------------

ORGANIZATION
------------

OPUS  Communities Inc.("the Company") was originally incorporated under the laws
of the State of Texas on September 16, 1996 as Cobra Financial Services Inc. for
the  purpose to promote and carry on any lawful business for which a corporation
may  be  incorporated  under  the  laws of the State of Texas. The company has a
total  of  100,000,000 authorized shares with a par value of $.001 per share and
with  63,880,000  shares  issued and outstanding as of December 31, 2004. On May
10,  2000,  an  amendment  to  the  Articles of Incorporation was filed with the
Texas Secretary of State to increase the authorized common share to 100,000,000,
authorized  20,000,000 in preferred stock, and change the par value to $.001 for
both classes of stock. On August 19, 2004, an amendment and restated articles of
incorporation  was filed with the Secretary of State of Texas to change the name
from Cobra Financial Services Inc. to OPUS Communities Inc.


FEDERAL INCOME TAX
------------------

The  Company  has adopted the provisions of Financial Accounting Standards Board
Statement  No. 109, Accounting for Income Taxes. The Company accounts for income
taxes  pursuant  to  the  provisions of the Financial Accounting Standards Board
Statement  No.  109,  "Accounting for Income Taxes", which requires an asset and
liability  approach  to  calculating  deferred  income  taxes.  The  asset  and
liability  approach  requires  the  recognition  of deferred tax liabilities and
assets for the expected future tax consequences of temporary differences between
the carrying amounts and the tax basis of assets and liabilities.

USE OF ESTIMATES
----------------

The  preparation  of  financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of  assets  and  liabilities  and  disclosure on
contingent  assets  and liabilities at the date of the financial statements, and
the  reported  amounts  of  revenues  and  expenses during the reporting period.
Actual results could differ from those estimates.

ACCOUNTING METHOD
-----------------

The Company's financial statements are prepared using the accrual method of
accounting. Revenues are recognized when earned and expenses when incurred.
Fixed assets are stated at cost. Depreciation and amortization using the
straight-line method for financial reporting purposes and accelerated methods
for income tax purposes.


                                      F-6
<PAGE>
                             OPUS COMMUNITIES, INC.
                    (FORMERLY COBRA FINANCIAL SERVICES INC.)
                          NOTES TO FINANCIAL STATEMENTS

EARNINGS PER COMMON SHARE
-------------------------

The Company adopted Financial Accounting Standards (SFAS) No. 128, "Earnings Per
Share,"  which  simplifies  the  computation of earnings per share requiring the
restatement  of  all  prior  periods.

Basic  earnings  per  share  are  computed  on the basis of the weighted average
number  of  common  shares  outstanding  during  each  year.

FAIR VALUE OF FINANCIAL INSTRUMENTS
-----------------------------------

The  carrying  value  of  financial instruments including marketable securities,
notes  and  loans  receivables,  accounts  payable and notes payable approximate
their fair values at December 31, 2004.


RECENT ACCOUNTING PRONOUNCEMENTS
--------------------------------

In  December  2004,  the FASB issued FASB Staff Position No. 109-1 ("FSP FAS No.
109-1"),  "Application  of FASB Statement No.109, `Accounting for Income Taxes,'
to the Tax Deduction on Qualified Production Activities Provided by the American
Jobs  Creation Act of 2004." The American Jobs Creation Act of 2004 introduces a
special  tax  deduction of up to 9.0 percent when fully phased in, of the lesser
of  "qualified  production  activities  income" or taxable income. FSP FAS 109-1
clarifies  that  this  tax  deduction  should  be accounted for as a special tax
deduction  in  accordance  with  SFAS  No.  109.  Although FSP FAS No. 109-1 was
effective  upon  issuance,  we are still evaluating the impact FSP FAS No. 109-1
will have on our financial statements.

In  November 2004, the FASB issued SFAS No. 151, "Inventory Costs", an amendment
of  Accounting  Research  Bulletin No. 43, Chapter 4. SFAS No. 151 clarifies the
accounting  for  abnormal  amounts  of  idle facility expense, freight, handling
costs  and  wasted  material.  SFAS  No.  151  is  effective for inventory costs
incurred  during  fiscal  years beginning after June 15, 2005. We do not believe
adoption  of SFAS No. 151 will have a material effect on our financial position,
results of operations or cash flows.

In  December  2004,  the  FASB  issued  SFAS  No. 153, "Exchanges of Nonmonetary
Assets,  an  amendment  of  APB  Opinion  No.  29." SFAS No. 153 is based on the
principle  that  exchanges of nonmonetary assets should be measured based on the
fair  value  of  the  assets  exchanged.  APB  Opinion  No.  29, "Accounting for
Nonmonetary  Transactions,"  provided  an  exception  to  its  basic measurement
principle  (fair  value)  for  exchanges of similar productive assets. Under APB
Opinion No. 29, an exchange of a productive asset for a similar productive asset
was  based  on  the  recorded  amount  of  the  asset relinquished. SFAS No. 153
eliminates  this  exception  and  replaces  it with an exception of exchanges of
nonmonetary  assets  that  do  no  have  commercial  substance.  SFAS No. 153 is
effective  for  the  Company  as  of January 1, 2005. The Company will apply the
requirements of SFAS No. 153 when such an exchange occurs.


                                      F-7
<PAGE>
                             OPUS COMMUNITIES, INC.
                    (FORMERLY COBRA FINANCIAL SERVICES INC.)
                          NOTES TO FINANCIAL STATEMENTS

NOTE 2 - COMMON STOCK
---------------------

On  August  2,  2004,  the  Company  agreed  to  cancel  5,000,000 shares to the
Company's principal shareholder.

On  August  4,  2004,  the  Company  agreed to a six to one forward split of the
outstanding common stock. At the time of the forward split there were 10,630,000
shares  outstanding  resulting in 63,780,000 common shares outstanding after the
forward-split.

On September 1, 2004, the Company issued 100,000 shares for consulting services.
These shares have been valued at $5,000 for the services provided.

In  the  fourth  quarter  of  2004 a total of $22,600 was received pursuant to a
subscription  agreement  from  two  unrelated  parties.  The  private  placement
agreement calls for the stock to issued at $.75 per share.

NOTE 3 - RELATED PARTIES
------------------------

Also,  Carlton  Fleming  advanced  the Company a total of $1,000 in 2003 that is
recorded  as  Advances  from  Officer,  and  $24,860  in 2004 as Officer Salary.

An  officer  of  the  corporation  provides office services without charge. Such
costs  are immaterial to the financial statements and accordingly, have not been
reflected  therein.  The  officers  and directors of the Company are involved in
other  business  activities  and  may  in  the  future  become involved in other
business  opportunities.  If  a specific business opportunity becomes available,
such  persons  may  face  a  conflict in selecting between the Company and their
other  business  interests.  The  Company  has  not  formulated a policy for the
resolution of such conflicts

NOTE 4 - NOTE PAYABLE
---------------------

On December 13, 2004 a promissory note was secured for $25,000 from an unrelated
party that matured February 14, 2005, but was extended for ninety days until May
14,  2005.  The  note carries an interest rate of 8% and accrued interest in the
amount  of  $82  has  been  recorded as of December 31, 2004. The note carries a
conversion  feature  at  the  option  of the Company to be converted for 100,000
shares.

NOTE 5 - INCOME TAXES
---------------------

Deferred  taxes  are  classified  as  current  or  non-current, depending on the
classification  of  the  assets  and liabilities to which they relate.  Deferred
taxes  arising  from  timing  differences  that  are  not related to an asset or
liability  are  classified as current or non-current depending on the periods in
which  the  timing  differences  are expected to reverse. The Company's previous
principal  temporary  differences


                                      F-8
<PAGE>
                             OPUS COMMUNITIES, INC.
                    (FORMERLY COBRA FINANCIAL SERVICES INC.)
                          NOTES TO FINANCIAL STATEMENTS

relate  to  revenue  and  expenses accrued for financial purposes, which are not
taxable for financial reporting purposes.

The  components  of  the  provision  for  income  tax  (expense) benefits are as
follows:

<TABLE>
<CAPTION>
                        Year Ended December 31,
                        -----------------------
                          2004           2003
                          ----           ----
<S>                  <C>            <C>
Deferred:
    Federal          $     15,259   $        411
    State                   2,117             57
Valuation Allowance     (  17,376)          (468)
                     -------------  -------------
                     $         -0-  $         -0-
                     -------------  -------------
</TABLE>

Such income tax (expense) benefits are included in the accompanying consolidated
financial statements as follows:

<TABLE>
<CAPTION>
                                                  Year Ended December 31,
                                                  -----------------------
                                                    2004          2003
                                                    ----          ----
<S>                                             <C>           <C>
Loss from operations                               ($17,376)      ($1,267)
Non-Deductible Expenses and Non-Taxable Income          -0-           -0-
                                                --------------------------
                                                   ($17,376)      ($1,267)
                                                --------------------------
</TABLE>

The  above  provision  has  been calculated based on Federal and State statutory
rates in the adjusted rates of 34% for Federal and 4.5% for State tax rates.

Temporary  differences,  which  give rise to deferred tax assets and liabilities
are as follows:

<TABLE>
<CAPTION>
                                          Year Ended December 31,
                                          -----------------------
                                           2004           2003
                                           ----           ----
<S>                                    <C>            <C>
Deferred tax assets:
    Net Operating Loss                 $     28,810   $     11,434
                                       -------------  -------------
Total deferred tax assets:                   28,810         11,434
Deferred tax liabilities:
    Net Income                                   -0-            -0-
                                       -------------  -------------
Valuation Allowance                    $    (28,810)  $    (11,434)
                                       -------------  -------------
Net deferred tax assets (liabilities)  $         -0-  $         -0-
                                       =============  =============
</TABLE>


                                      F-9
<PAGE>
                             OPUS COMMUNITIES, INC.
                    (FORMERLY COBRA FINANCIAL SERVICES INC.)
                          NOTES TO FINANCIAL STATEMENTS


NOTE 6 - GOING CONCERN
----------------------

The  accompanying  financial  statements  have  been prepared in conformity with
principles  of  accounting applicable to a going concern, which contemplates the
realization of assets and the liquidation of liabilities in the normal course of
business.  The  Company  has  no  revenue  and  has not yet generated sufficient
working capital to support its operations.  The Company's ability to continue as
a  going  concern  is  dependent,  among  other things, on its ability to reduce
certain  costs,  obtain  new  contracts and additional financing and eventually,
attaining a profitable level of operations.

It  is  management's  opinion  that  the  going  concern  basis of reporting its
financial  condition and results of operations is appropriate at this time.  The
Company plans to increase cash flows and take steps towards achieving profitable
operations through its business plan.


NOTE 7 - SUBSEQUENT EVENTS
--------------------------

On  March  10,  2005,  Opus  Corporation, Opus Northwest Corporation, Opus South
Corporation and Opus West Corporation filed a civil lawsuit in The United States
District  Court  for  the Southern District of Florida against Opus Communities,
Inc. alleging among other things, Trademark Infringement and Unfair Competition.
Opus  Communities  denies the allegations and has retained counsel in an attempt
to  settle  the litigation. Opus Communities, Inc. has agreed to change the name
of  the  Corporation  and  is  taking  the  necessary  steps  for a name change.


                                      F-10
<PAGE>
ITEM 8.     CHANGES  IN  AND  DISAGREEMENTS  WITH  ACCOUNTANTS ON ACCOUNTING AND
            FINANCIAL DISCLOSURE

     During  2003 and 2004, the Company had no changes or disagreements with its
accountants,  Clyde  Bailey,  P.C.,  on  accounting  or  financial  disclosures.

ITEM 8A.    CONTROLS AND PROCEDURES

     Within  the  90  days prior to the date of this report, the Company carried
out  an  evaluation,  under  the  supervision  and with the participation of the
Company's  management,  including  the Company's Chief Executive Officer and the
Chief  Financial  Officer of the Company, of the effectiveness of the design and
operation  of  the  Company's  disclosure  controls  and  procedures pursuant to
Exchange  Act  Rule  13a-14.  Based  upon  the  evaluation,  the Company's Chief
Executive  Officer and the Chief Financial Officer of the Company concluded that
the  Company's  disclosure  controls  are  effective  in timely alerting them to
material  information  relating  to  the  Company  (including  its  consolidated
subsidiaries)  required  to  be  included in the Company's periodic SEC filings.
There  have been no significant changes in the Company's internal controls or in
other  factors  which could significantly affect internal controls subsequent to
the date the Company conducted its evaluation.

                                    PART III

ITEM 9.     DIRECTORS,  EXECUTIVE  OFFICERS,  PROMOTERS  AND  CONTROL  PERSONS;
            COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT

     Directors, Executive Officers and Control Persons

<TABLE>
<CAPTION>
NAME             AGE  POSITION(S) AND OFFICE(S)
---------------  ---  -------------------------
<S>              <C>  <C>
Carlton Fleming   43  President, Chief Executive Officer and Director
Dane Mc Daniel    36  Secretary, Treasurer and Director
Casey Boaz        34  Director
</TABLE>

     Mr. Carlton Fleming, age 43, is our president and a member of our board of
directors. Mr. Fleming has held this position since the company's inception.
From 1987 until 1992, Mr. Fleming was a branch manager for J.W. Gant, a
securities broker-dealer. From 1992 until 1996, Mr. Fleming was the branch
manager for LaJolla Capital Corporation, a securities broker-dealer, until he
co-founded Lloyd Wade Securities, Inc. Mr. Fleming retired from the securities
industry in 1996. Since his retirement, Mr. Fleming has held the position of
president of D & C Holdings, a privately held Texas corporation that conducted
business as a pre-owned automobile dealer, and R & F Enterprises, Inc., a
privately held Texas corporation that owned multiple health and tanning salons.
Mr. Fleming currently dedicates 100% of his time to our business.

     Mr. Dane McDaniel, age 36, is our secretary, treasurer and a member of our
board of


                                        9
<PAGE>
directors. Mr. McDaniel has been an officer and director of the company since
1997. From 1992 until present, Mr. McDaniel has held various positions with
Hussmann Manufacturing, a company that manufactures refrigerated coolers. Mr.
McDaniel does free-lance accounting and bookkeeping for various companies.

     Mr. Casey Boaz, age 34, is a member of our board of directors. Mr. Boaz was
also one of our original founders. He has 7 distinguished years of service in
the United States Navy from 1989-1996. Mr. Boaz is also a Gulf War veteran. In
1996, he earned a BS/BA in management from Troy State University. Mr. Boaz has
experience in estate planning and trust preparation, investment banking and
auditing. From 1997 to 1999, he was with Metlife where he held a Series 6
license and an insurance license and provided financial planning services to
Metlife clients, including, but not limited to, advice on retirement planning,
401K plans and life insurance policies. From 1999 to 2000, Mr. Boaz was with
Union Planters Investments where he held a Series 6, 7 and insurance license and
provided Union Planters Investments' clients with financial planning services,
including, but not limited to, advice on retirement planning, 401K plans and
life insurance policies. He was employed with First Star Bank from 2000, where
he held a Series 6, 7 and insurance license and provided financial planning
services to First Star Bank's clients, including, but not limited to, advice on
retirement planning, 401K plans and life insurance policies. Mr. Boaz purchased
his current business in early 2001. He currently owns and operates Cole
Youngers, a hardware and lumber company in southern Missouri.

Compliance with Section 16(a) of the Exchange Act

     Based solely upon a review of forms 3, 4 and 5 furnished to the Company,
the Company is not aware of any persons who at any time during the fiscal year
ended December 31, 2003, was a director, officer, or beneficial owner of more
than ten percent of the Common Stock of the Company, and that they failed to
file, on a timely basis, reports required by Section 16(a) of the Securities
Exchange Act of 1934 during such fiscal year.

     We did not have an audit committee in 2003 and 2004, because we did not
have any independent directors. We are in the process of searching for
independent directors, as well as an audit committee financial expert.

     We have not yet adopted a Code of Ethics for Business Conduct but expect to
do so in the short term.

ITEM 10.     EXECUTIVE COMPENSATION

     Any compensation received by our officers, directors, and management
personnel will be determined from time to time by our board of directors. Our
officers, directors, and management personnel will be reimbursed for any
out-of-pocket expenses incurred on our behalf.

     The table set forth below summarizes the annual and long-term compensation
for services in all capacities to us payable to our Chief Executive Officer and
our other executive officers during the year ending December 31, 2004. Our Board
of Directors may adopt an incentive stock


                                       10
<PAGE>
option plan for our executive officers which would result in additional
compensation.

<TABLE>
<CAPTION>
                          SUMMARY COMPENSATION TABLES

                                     -----------------------------------------------
                                                 Annual Compensation
------------------------------------------------------------------------------------
    Name and                                                          Other Annual
Principal Position         Year        Salary ($)      Bonus ($)    Compensation ($)
------------------------------------------------------------------------------------
<S>                    <C>           <C>             <C>            <C>
  Carlton Fleming,         2004         $24,860           -0-             -0-
    President
------------------------------------------------------------------------------------
  Carlton Fleming,         2003           -0-             -0-             -0-
    President
------------------------------------------------------------------------------------
  Carlton Fleming,         2000           -0-             -0-             -0-
    President
------------------------------------------------------------------------------------
   Dane McDaniel,          2003           -0-             -0-             -0-
Secretary & Treasurer
------------------------------------------------------------------------------------
   Dane McDaniel,          2002           -0-             -0-             -0-
Secretary & Treasurer
------------------------------------------------------------------------------------
   Dane McDaniel,          2001           -0-             -0-             -0-
Secretary & Treasurer
------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
                                     ---------------------------------------------------------
                                               Awards                       Payouts
----------------------------------------------------------------------------------------------
                                      Restricted     Securities        LTIP         All Other
Name and Principal                       Stock       Underlying       Payouts     Compensation
   Position                Year       Award(s)($)     Options/          ($)            ($)
                                                       SARs(#)
----------------------------------------------------------------------------------------------
<S>                    <C>           <C>            <C>            <C>            <C>
  Carlton Fleming,         2004           -0-            -0-            -0-            -0-
    President
----------------------------------------------------------------------------------------------
  Carlton Fleming,         2003           -0-            -0-            -0-            -0-
    President
----------------------------------------------------------------------------------------------
  Carlton Fleming,         2002           -0-            -0-            -0-            -0-
    President
----------------------------------------------------------------------------------------------
   Dane McDaniel,          2004           -0-            -0-            -0-            -0-
Secretary & Treasurer
----------------------------------------------------------------------------------------------
   Dane McDaniel,          2003           -0-            -0-            -0-            -0-
Secretary & Treasurer
----------------------------------------------------------------------------------------------
   Dane McDaniel,          2002           -0-            -0-            -0-            -0-
Secretary & Treasurer
----------------------------------------------------------------------------------------------
</TABLE>

Compensation of Directors

     The Company's directors are not compensated for any meeting the board of
directors, which they attend.


                                       11
<PAGE>
ITEM 11.     SECURITY  OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
             RELATED STOCKHOLDER MATTERS

     The following table sets forth certain information concerning the ownership
of the Company's Common Stock as of November 19, 2004, with respect to: (i) each
person known to the Company to be the beneficial owner of more than five percent
(5%)  of the Company's Common Stock; (ii) all directors; and (iii) directors and
executive  officers  of  the  Company as a group. As of November 19, 2004, there
were  63,880,000  shares  of  Common  Stock  issued  and  outstanding.

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------
Title of Class                Name and Address of               Amount and Nature       Percent of
                                Beneficial Owner                  of Beneficial          Class(1)
                                                                   Ownership(1)
-----------------------------------------------------------------------------------------------------
<S>                      <C>                                    <C>                 <C>
                         Executive Officers & Directors
-----------------------------------------------------------------------------------------------------
   Common Stock                 Carlton Fleming
($0.001 par value)        2600 Ventura Dr., Suite 1521
                               Plano, Texas 75093                   42,000,000            65.7%
-----------------------------------------------------------------------------------------------------
   Common Stock                  Dane McDaniel
($0.001 par value)              17 Belaire Court
                           Truesdale, Missouri 63383                1,008,000             1.57%
-----------------------------------------------------------------------------------------------------
   Common Stock                   Casey Boaz
($0.001 par value)                RR1 Box 45B
                           Birchtree, Missouri 65438                1,008,000             1.57%
-----------------------------------------------------------------------------------------------------
   Common Stock          Directors and Executive Officers
($0.001 par value)                 as a Group
                                (3 individuals)                     44,016,000            68.9%
-----------------------------------------------------------------------------------------------------
</TABLE>

     (1)  The number of shares and percentage of class beneficially owned by the
     entities above is determined under rules promulgated by the SEC and the
     information is not necessarily indicative of beneficial ownership for any
     other purpose. Under such rules, beneficial ownership includes any shares
     as to which the individual has sole or shared voting power or investment
     power and also any shares, which the individual has the right to acquire
     within 60 days through the exercise of any stock option or other right. The
     inclusion herein of such shares, however, does not constitute an admission
     that the named stockholder is a direct or indirect beneficial owner of such
     shares. Unless otherwise indicated, each person or entity named in the
     table has sole voting power and investment power (or shares such power with
     his or her spouse) with respect to all shares of capital stock listed as
     owned by such person or entity.


                                       12
<PAGE>
ITEM 12.     CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     On December 1, 2002, Mr. Fleming entered into a Settlement Agreement with
the Company resolving various unsecured personal loans he had previously made
with the Company totaling $36,423 (the "Debt"). The Company owned certain farm
equipment, which it sold to Mr. Fleming in exchange for the discharge of the
Debt owned in accordant with the terms and conditions set forth in the
Settlement Agreement. As of December 31, 2002, the Company was indebted to its
president, Carlton Fleming, in the amount of $0.

ITEM 13.     EXHIBITS AND REPORTS ON FORM 8-K

(1)       Exhibits. Exhibits required to be attached by Item 601 of Regulation
          S-B  are  listed  in  the  Index  to  Exhibits beginning on page 15 of
          this Form 10-KSB, which is incorporated herein by reference.

ITEM 14.     PRINCIPAL ACCOUNTING FEES AND SERVICES

Audit Fees

The aggregate fees billed by Clyde Bailey, PC for professional services rendered
for the audit of the Company's annual financial statements for the fiscal years
ended December 31, 2004 and 2003 and for the reviews of the financial statements
included in the Company's Quarterly Reports on Form 10-QSB for those fiscal
years were $3,000 and $3,000, respectively.

Audit-Related Fees

Clyde Bailey, PC did not render any professional services for information
technology services relating to financial information systems design and
implementation for the fiscal years ended December 31, 2004 and December 31,
2003.

Tax Fees

Clyde Bailey, PC did not render any professional services for tax compliance,
tax advice, or tax planning during 2004. The fees associated for the preparation
of the 2004 and 2003 Corporate tax returns were approximately $450, and $450
respectively.

All Other Fees

The aggregate fees billed by Clyde Bailey, PC for services rendered to the
Company, other that the services described under "Audit Fees" and "Audit-Related
Fees" and tax fees amount to $0 and $0 for the fiscal years December 31, 2004
and 2003, respectively.

In discharging its oversight responsibility with respect to the audit process,
the Audit Committee of the Board of Directors obtained from the independent
auditors a formal written statement describing all relationships between the
auditors and the Company that might bear on the


                                       13
<PAGE>
auditors' independence consistent with Independence Standards Board Standard
No.1, "Independence Discussions with Audit Committees", discussed with the
auditors any relationships that may impact their objectivity and independence
and satisfied itself as to the auditors' independence.

The Committee also discussed with management and the independent auditors the
quality and adequacy of the Company's internal controls and the outsourced audit
functions, responsibilities, budgeting and staffing. The Committee reviewed with
the independent auditors their audit plans, audit scope and identification of
audit risks. The Committee discussed and reviewed with the independent auditors
all communications required by auditing standards generally accepted in the
United States of America, including those described in Statement on Auditing
Standards No. 61, as amended, "Communication with Audit Committees", and
discussed and reviewed the results of the independent auditors audit of the
financial statements. The Committee also discussed the results of the internal
audit examinations.

                                   SIGNATURES

     In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized, this      day of May 2005.
                 ----


                                               Opus Communities Inc.



                                               ---------------------------------
                                               Carlton Fleming, President

     In accordance with the Exchange Act, 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


                      President, Chief Executive Officer     May    , 2005
--------------------  and Director                               ---
Carlton Fleming

                      Secretary, Treasurer and Director      May    , 2005
--------------------                                             ---
Dane McDaniel

                      Director                               May    , 2005
--------------------                                             ---
Casey Boaz


                                       14
<PAGE>
<TABLE>
<CAPTION>
                                INDEX TO EXHIBITS


EXHIBIT   PAGE
  NO.     NO.   DESCRIPTION
<S>       <C>   <C>

3(i)      *     Articles of Incorporation of the Company. (Incorporated by
                reference from the Company's Form 10SB12G, file number 000-
                32845, effective on June 5, 2001).

3(ii)     *     Certificate of Amendment to Articles of Incorporation.
                (Incorporated by reference from the Company's Form 10-KSB, file
                number 000-32845, effective on December 23, 2004).

3(ii)     *     Bylaws of the Company. (Incorporated by reference from the
                Company's Form 10SB12G, file number 000-32845, effective on
                June 5, 2001).

10(i)     *     Settlement Agreement by and between Cobra Financial Services,
                Inc. and Mr. Carlton Fleming, dated effective December 1, 2002.
                (Incorporated by reference from the Company's Form 10-KSB, file
                number 000-32845, effective on December 23, 2004).

31(i)     16    Certification of Chief Executive Officer under Section 302 of the
                Sarbanes-Oxley Act of 2002.

31(ii)    17    Certification of Chief Financial Officer under Section 302 of the
                Sarbanes-Oxley Act of 2002.

32(i)     18    Certification of Chief Executive Officer of Opus Communities Inc.
                Pursuant to 18 U.S.C. Sec.1350

32(i)     19    Certification of Chief Financial Officer of Opus Communities Inc.
                Pursuant to 18 U.S.C. Sec.1350
</TABLE>


*    Previously filed as indicated and incorporated herein by reference from the
referenced filings previously made by the Company.


                                       15