2008-10-09-2008-09-04-2008-09-04

Bought 1,000-acre Owsley property in KY.

Consolidation Services Inc., Henderson, Nev., (OTCBB: CNSV) has acquired the approximately 1,000-acre Owsley property in eastern Kentucky for $500,000 in cash and $500,000 in a promissory note in a total deal valued at $1 million in cash. Consolidation has previously paid $500,000 in cash to the development group that will develop the properties, and the group will have the right to receive 50% of any coal royalty revenues regarding the Owsley property as consideration to handle the coal permitting process, prepare all reclamation plans and other coal-related services. Consolidation president and chief executive Johnny R. Thomas says, "The acquisition of this sizable tract of land enables CNSV to continue to meet its strategic objectives to acquire property for future organic farming operations, as well as generate cash flow from the energy resources believed to be situated on the subject property."