Giordano Fund

Portfolio Holdings as of 04/30/2007

Ticker Cusip Description Shares Market Value
BAC 060505104 Bank of America Corporation 1,700.000 $86,530.00
COP 20825C104 ConocoPhillips 1,400.000 $97,090.00
CVX 166764100 Chevron Corportation 1,000.000 $77,790.00
DD 263534109 E.I. du Pont de Nemours 1,700.000 $83,589.00
DOW 260543103 Dow Chemical Company 1,900.000 $84,759.00
EM041211 EMPIRE02 Empire Corporation 04/12/11 100,000.000 $100,000.00
EM120910 EMPIRE Empire Corporation 12/09/2010 75,000.000 $73,800.00
EMIXX 300250602 Evergreen Select Mon ey Market Fund 172,734.790 $172,734.79
EPR 29380T105 Entertainment Properties Trust 1,000.000 $60,420.00
GE 369604103 General Electric Company 2,000.000 $73,720.00
HON 438516106 Honeywell Internatio nal Inc. 1,900.000 $102,942.00
JNJ 478160104 Johnson & Johnson 1,300.000 $83,486.00
LLY 532457108 Eli Lilly & Company 1,000.000 $59,130.00
LYO 552078107 Lyondell Chemical Company 2,000.000 $62,240.00
MCHP 595017104 Microchip Technology Incorporated 1,600.000 $64,544.00
MDY 595635103 Midcap SPDR Trust Series 1 500.000 $79,425.00
MMM 88579Y101 3M Co 800.000 $66,216.00
SON 835495102 Sonoco Products Company 2,500.000 $106,600.00
SPY 78462F103 Standard & Poor's Depositary Receipts 400.000 $59,316.00
T 00206R102 A T & T Inc 2,000.000 $77,440.00
TKR 887389104 The Timken Company 1,600.000 $52,768.00
UBSI 909907107 United Bankshares, Inc. 1,200.000 $40,200.00
UGI 902681105 UGI Corporation 2,000.000 $56,720.00
VNO 929042109 Vornado Realty Trust 800.000 $94,904.00
VZ 92343V104 Verizon Communications Inc. 1,400.000 $53,452.00
WMI 94106L109 Waste Management, INC. 1,800.000 $67,338.00
WOR 981811102 Worthington Industries, Inc 2,800.000 $62,300.00
WTNY 966612103 Whitney Holding Corp oration 1,600.000 $49,232.00

Totals 385,634.790 $2,148,685.79