Annual report pursuant to Section 13 and 15(d)

Investment Held for Sale

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Investment Held for Sale
12 Months Ended
Dec. 31, 2011
Investment Held for Sale  
Investment Held for Sale

Note 4 - Investment Held for Sale

 

During 2010, the Company ceased the Technologies Alternatives, Limited (“TAL”) operations.  As all of TAL’s nursery capabilities have since been transferred to the Company’s other operations in Tizimin, Mexico and the Company is in the process of selling the land, the net assets have been reclassified as Investment Held for Sale at December 31, 2010 and 2011; the promissory notes are netted against the net assets.  The Net Assets, measured at fair value as of December 31, 2011 were $565,473 Belize Dollars (US $291,031 based on exchange rates in effect at December 31, 2011).