Obn Holdings (PINK:OBNI)

As a result of its activities, the Company has been successful in partially implementing its acquisition and diversification plan. With this filing the company is current with its SEC filings and is currently applying to be reinstated for trading on the OTCBB trading exchange. Further, the company will immediately file an S-1 to register 25 million free trading shares that will be sold into the marketplace to raise the funds necessary to more fully implement its business plan. With the stricter "naked shorting" regulations and our more robust financials, the Company does not expect to encounter the problem it had with its initial public offering.