December 31th 2005
   BALANCE SHEET
STATEMENT OF INCOME
   Gerontology Real-Estate & Development Inc. (GRD), was established in 1995 & is
the real estate holding company of Fil-Geron Corporation (FGC) and its affiliates.       
   Primarily established as a real estate development firm, GRD specializes in geriatric related realty investments,
realty consulting services such as site selection, facilities planning for nursing homes, assisted living residence and retirement communities.
Residences and facilities differ in the type of care they provide ranging from short term skilled nursing care through long term care and "independent living" senior housing arrangements.
  December 31th 2006
   BALANCE SHEET
STATEMENT OF INCOME
Gerontology Real-Estate & Development Inc. (GRD),
  December 31th 2006
  CONSOLIDATED
   BALANCE SHEET
STATEMENT OF INCOME

President & CEO      Atsukuni Munetomo
Director            Primitivo Y. Garcia
Director            Tatsuyuki Munetomo

2007end inhouse report

Company Valuation
        by
Capital   Php 10,000,000.00 paid up  Php4,390,000.00
       
Now we increase capital
         
Php100,000,000.00 paid up  Php52,000,000.00