Exhibit 21: List of Subsidiaries of Registrant as of December 31, 2006

Summary

This document lists the subsidiaries owned by the registrant company as of December 31, 2006, including Southeast Power Corporation and Bayswater Development Corporation, both wholly owned in Florida. It also details the subsidiaries of Bayswater Development Corporation, all of which are 100% owned and based in Florida, with some marked as inactive. All listed subsidiaries are included in the company's consolidated financial statements for the specified date.

EX-2.1 2 tg9401ex21.htm EXHIBIT 2.1

Exhibit 21

Subsidiaries of Registrant

Company

 

State of
Jurisdiction of
Organization

 

Percentage
of Voting
Securities
Owned


 


 


Southeast Power Corporation

 

Florida

 

100%

Bayswater Development Corporation

 

Florida

 

100%

Subsidiaries of Bayswater Development Corporation

 

 

 

 

Country Club Point of Brevard, Inc.

 

Florida

 

100%

Riomar of Brevard, Inc.

 

Florida

 

100%

Cape Club of Brevard, Inc.

 

Florida

 

100%

Florida Coastal Homes, Inc.

 

Florida

 

100%

Oak Park of Brevard, Inc.

 

Florida

 

100%

Pineapple House of Brevard, Inc.

 

Florida

 

100%

Florida Transport Corporation

 

Florida

 

100%

7-1-99 Corp. (inactive)

 

Florida

 

100%

Steeple Rock Mining Company (inactive)

 

Florida

 

100%

Mamba Engineering Company, Inc. (inactive)

 

Florida

 

100%

All of the above subsidiaries are included in the consolidated financial statements of the Company at December 31, 2006.