EX-21 2 v09445_ex21.txt EXHIBIT 21. LIST OF SUBSIDIARIES OF CHELL GROUP CORPORATION AS AT NOVEMBER 30, 2003 Name of Subsidiary(1) Jurisdiction of Incorporation Chell Merchant Capital Group, Inc.......................................Ontario Logicorp Data Systems Ltd. (2) .........................................Alberta Logicorp Service Group Ltd. (2) ........................................Alberta 123557 Alberta Ltd. (2) ................................................Alberta 591360 Alberta Ltd. (2) ................................................Alberta eTelligent Solutions Inc. (3) ..........................................Alberta NTN Interactive Network Inc..............................................Canada 1113659 Ontario Ltd. ("Viewer Services) (4).............................Ontario 3484751 Canada Inc.......................................................Canada Chell.com (USA) Ltd......................................................Nevada ---------- NOTES: (1) Unless otherwise indicated, all named entities are wholly-owned subsidiaries of Chell Group Corporation. (2) Wholly-owned subsidiary of Chell Merchant Capital Group. (3) Wholly-owned subsidiary of Logicorp Data Systems Ltd... (4) Wholly-owned subsidiary of NTN Interactive Network Inc. -20-