Call Now, Inc. is engaged in the operation of the management of Retama Park racetrack (Retama Park) in Selma, Texas, through an 80% owned subsidiary, Retama Entertainment Group, Inc. (REG). Retama Park is owned by the Retama Development Corporation (the RDC), a local government corporation organized by and acting on behalf of the City of Selma, Texas. The Company operates the Retama Park racetrack in order to maintain its status as a Class I racetrack, attract horsemen to its racing meets, provide a gaming and entertainment experience for its customers and provide a safe and attractive facility. It is also seeking the legalization of additional forms of gaming at Texas racetracks. The RDC, as owner of the facility, reimburses REG for the majority of payroll and payroll related expenses, plus a monthly management fee. The Company has maintained an investment account with Penson Financial Services, Inc. (PFSI), a wholly owned subsidiary of Penson Worldwide, Inc. (PWI).