Exhibit 21





Whitney Information Network,
Inc. and Subsidiaries

(Publicly Held)



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|                                                                                                               
|COMPANY NAME                                                                                                   
|                                                                                                               
|                                                                                                               
|Whitney Information Network, Inc. (formerly WIN Systems International, Inc., formerly GIMMEL Enterprises, Inc.)
|                                                                                                               
|Precision Software, Inc.                                                                                       
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|Russ Whitneys Wealth Education Center of Atlanta, GA, Inc.                                                    
|                                                                                                               
|Russ Whitneys Wealth Education Center of Jackson, MS, Inc.                                                    
|                                                                                                               
|                                                                                                               
|Russ Whitneys Wealth Education Centers, Inc.                                                                  
|                                                                                                               
|Wealth Intelligence Network, Inc. (formerly Real Estate Link, Inc.)                                            
|                                                                                                               
|                                                                                                               
|Whitney Canada, Inc.                                                                                           
|                                                                                                               
|                                                                                                               
|Whitney Consulting Services, Inc. (formerly Financial Consulting Services, Inc.)                               
|                                                                                                               
|                                                                                                               
|Whitney Education Group, Inc. (formerly WIN Systems, Inc.)                                                     
|                                                                                                               
|                                                                                                               
|Whitney Internet Services, Inc.                                                                                
|                                                                                                               
|                                                                                                               
|Whitney Leadership Group, Inc.                                                                                 
|                                                                                                               
|                                                                                                               
|Whitney Mortgage.com, Inc.                                                                                     
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|                                                                                                               
|Whitney UK Limited                                                                                             
|                                                                                                               
|N123RF, Inc. (formerly Coral Air, Inc.) (owned by AHBA)                                                        
|                                                                                                               





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