Applied Computer Tech.

As of December 5, 2003, Applied Computer Technology was acquired by Medical Cannabis Inc. in a reverse merger transaction. Applied Computer Technology, Inc. was engaged in marketing, installing, servicing, and supporting microcomputer systems and related peripheral products principally for use by business and institutional customers in the corporate, government, and retail markets as of December 31, 1997. The company, as of August 16, 1999, was seeking share holder approval to sell substantially all of the assets of Act-Net, Inc., a wholly owned subsidiary of the company, to WebAccess. These assets constitute substantially all of the assets of the company.