Sale Of Subsidiary

6 Months Ended

Jun. 30, 2011

Sale Of Subsidiary

Sale Of Subsidiary

NOTE 10 – SALE OF SUBSIDIARY

On February 28, 2010, Core sold Direct Ventures International, Inc. ("DVI"), a Core subsidiary, to its former owner in exchange for 2.1 million shares of CompCare common stock. The former owner took possession of all assets and assumed certain liabilities as of February 28, 2010. We canceled the reacquired shares and recorded a gain on the sale of approximately $0.5 million, which was credited directly to the retained earnings of Core.