Exhibit 99.1

INDEX TO FINANCIAL STATEMENTS


Accountant’s Letter dated November 23, 2010

Unaudited Consolidated Balance Sheets for the six months ended June 30, 2010 and December 31, 2009

Unaudited Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2010 and 2009

Unaudited Condensed Consolidated Statements of Stockholders’ Equity for the six months ended June 30, 2010

Unaudited Condensed Interim Consolidated Statements of Cash Flows for the six months ended June 30, 2010

S. BARRIE GODOWN

Certified Public Accountant, P.A.

November 23, 2010

The Board of Directors
Consulier Engineering, Inc.
Jupiter, FL 33477

We have compiled the accompanying Consolidated Balance Sheets at June 30, 2010 and December 31, 2009, the Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2010 and 2009, the Condensed Consolidated Statement of Stockholders’ Equity for the six months ended June 30, 2010, and the Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2010 and 2009, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants.

A compilation is limited to presenting in the form of Financial 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 ordinarily included in Financial Statements prepared on the income tax basis of accounting. If the omitted disclosures were included in the Financial Statements, they might influence the user’s conclusions about the company’s assets, liabilities, equity, revenues and expenses. Accordingly, these Financial Statements are not designed for those who are not informed about such matters.

We are not independent with respect to Consulier Engineering, Inc.

/s/ S. Barrie Godown
S. Barrie Godown, C.P.A., P.A.

1061 E. INDIANTOWN ROAD / SUITE 104 / JUPITER, FLORIDA 33477 / 561-746-0999

CONSULIER ENGINEERING, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(UNAUDITED)


	June 30,			December 31,
	2010			2009
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	$	711,985		$	406,950
Receivables		1,403,714			1,385,140
Inventories		100,209			83,490
Deferred Implementation Costs		2,832,045			2,635,871
Other Current Assets		201,569			465,091
Deferred Income Taxes		269,253			291,281

Total Current Assets		5,518,775			5,267,823
PROPERTY AND EQUIPMENT, Net		1,042,353			1,043,435
CAPITALIZED SOFTWARE DEVELOPMENT COSTS		—			—
PARTNERSHIP AND LIMITED LIABILITY COMPANIES — INVESTMENTS		3,000,820			2,615,519
DEFERRED INCOME TAXES		273,957			417,917
INTANGIBLE ASSETS		—			—
OTHER ASSETS		50,898			50,898

TOTAL ASSETS	$	9,886,803		$	9,395,592


LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts Payable and Accrued Liabilities	$	1,696,315			1,540,183
Unearned Revenue		1,744,706			1,408,446

Total Current Liabilities		3,441,021			2,948,629

NOTES PAYABLE — RELATED PARTY		813,252			774,065
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:
Common Stock $.01 Par Value:
Authorized 25,000,000 Shares; Issued 5,485,122 Shares		54,851			54,851
Additional Paid-in Capital		4,117,221			4,117,221
Accumulated Deficit		(1,288,478	)		(970,918	)

		2,883,594			3,201,154
Less:
Treasury Stock, Cost - 190,374 and 190374 Shares in 2010 and 2009, respectively		(589,027	)		(589,027	)
Notes Receivable for Common Stock		(6,651	)		(6,651	)

Total Stockholders’ Equity		2,287,916			2,605,476



Noncontrolling intereest		3,344,614			3,067,422



TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY	$	9,886,803		$	9,395,592

See Accountant’s Compilation Letter

CONSULIER ENGINEERING, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)


	THREE MONTHS ENDED						SIX MONTHS ENDED
	JUNE 30,						JUNE 30,
	2010			2009			2010			2009
Revenue:
Software Licensing Fees	$	946,265		$	915,881		$	1,557,405		$	2,048,740
Other Revenue		1,698			7,601			3,396			9,879

Total Revenue		947,963			923,482			1,560,801			2,058,619


Operating Costs and Expenses:
Cost of Revenue		87,911			89,263			152,689			338,678
Payroll and Related Expense		1,301,051			1,201,523			2,444,733			1,995,762
Selling, General and Administrative		312,197			737,789			1,016,817			1,332,914
Professional Services		163,508			134,176			375,595			273,213
Depreciation and Amortization		29,124			164,255			58,248			332,792

Total Operating Costs and Expenses		1,893,791			2,327,006			4,048,082			4,273,359

Operating Loss		(945,828	)		(1,403,524	)		(2,487,281	)		(2,214,740	)

Other Income (Expense):
Investment Income — Related Parties		53,441			183,962			62,655			646,473
Interest Expense		(19,585	)		(18,474	)		(38,739	)		(38,322	)
Net Undistributed Income of Equity Investees		203,155			286,663			358,089			312,945
Other Income		24,175			48,272			46,446			85,410

Total Other Income (Expense)		261,186			500,423			428,451			1,006,506


Loss Before Income Taxes		(684,642	)		(903,101	)		(2,058,830	)		(1,208,234	)

Benefit from (provision for) Income Taxes		(176,330	)		(81,434	)		(237,038	)		9,563

Net Loss		(860,972	)		(984,535	)		(2,295,868	)		(1,198,671	)

Less: Net (loss) attributable to noncontrolling interest		(461,803	)		(1,208,032	)		(1,978,308	)		(1,268,871	)


Net Income (Loss) attributed to Consulier Engineering, Inc.	$	(399,169	)	$	223,497		$	(317,560	)	$	70,200


Earnings (Loss) Per Share — Basic and Diluted	$	(0.07	)	$	0.04		$	(0.06	)	$	0.01

See Accountant’s Compilation Letter

CONSULIER ENGINEERING, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY
SIX MONTHS ENDED JUNE 30, 2010
(UNAUDITED)


															Notes
												Retained			Receivable
										Additional		Earnings			for			Total
	Common Stock				Treasury Stock					Paid-in		(Accumulated			Common			Stockholders’
	Shares		Amount		Shares		Amount			Capital		Deficit)			Stock			Equity
Balance, December 31, 2009		5,485,122	$	54,851		190,374	$	(589,027	)	$	4,117,221	$	(970,918	)	$	(6,651	)	$	2,605,476

Net Income attributed to Consulier Engineering, Inc.													(317,560	)					(317,560	)


Balance June 30, 2010		5,485,122	$	54,851		190,374	$	(589,027	)	$	4,117,221	$	(1,288,478	)	$	(6,651	)	$	2,287,916

See Accountant’s Compilation Letter

CONSULIER ENGINEERING, INC. AND SUBSIDIARIES
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)


	SIX MONTHS ENDED
	JUNE 30,
	2010		2009

Cash Flow (Used in) Operating Activities	$	143,863	$	(2,487,675	)


Investing Activities:
Distributions from Partnership Interest		62,655		1,228,598
Net Acquisition of Property and Equipment		59,330


Net Cash Provided by Investing Activities		121,985		1,228,598


Financing Activities:

Proceeds from Noncontrolling Interest in ST, LLC				1,546,000
(Decrease) Increase in Related Party Payables		39,187		(201,992	)
Repayment of Notes Payable Related Party				(232,182	)


Net Cash Provided by (Used in) Financing Activities		39,187		1,111,826


Increase (Decrease) in Cash and Cash Equivalents		305,035		(147,251	)

Cash and Cash Equivalents — Beginning of Period		406,950		270,192


Cash and Cash Equivalents — End of Period	$	711,985	$	122,941


SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash Paid for Interest	$	—	$	63,440

See Accountant’s Compilation Letter

CONSULIER ENGINEERING INC 8-K