Drucker, Inc. (DKIN.PK)

Drucker, Inc. has limited operations which include investigation of opportunities, evaluation and negotiations of joint venture agreements. The Company has agreed to acquire from Beijing Beike Machinery Electronic Materials Hightech Corporation ("BK Machinery") all the shares it owned in Beijing Beike-Masic Automation Engineering Company Limited ("BK"). BK is a major Chinese provider of industrial system solutions for automation and control. It is specialized and experienced in developing, manufacturing, distributing and integrating system solutions and automation control products to top industrial enterprises such as steel companies, machinery manufacturing companies and public utilities in China.

Drucker, Inc. investigates opportunities, evaluates, and negotiates joint venture agreements and joint venture participations in oil exploration projects in in Egypt and Algeria. For the 9 months ended 9/30/04, the Company reported no revenues. Net loss totalled $249K, up from $5K. Results reflect an increase in professional fees, accounting and audit fees, consulting expenses and other operating expenses.