DRDF has been acquiring several companies over the past 3 years, and they have all been successful companies (in the staffing sector or the digital imaging sector) which are active in operations. Their most successful acquisition, QuikPix just released an updated version of their bestselling ColorBlind software, and is working on another digital imaging software release this month. Quickpix is also a public company. The success of DRDF's subsidiary companies proves to us the ability of their management, and shows excellent prospects for DRDF in the future.

They are expected to announce positive earnings, and reduction of debt, a major positive factor for an otcbb stock.

They are currently in the process of acquiring another company, the details of which will be announced in an upcoming news announcement. Going by their track record, we can safely guess that they will have another successful acquisition.

They are media savvy in the sense that they keep releasing news on a regular basis and keep themselves under the spotlight. This helps their stock price, and keeps investors interested, which one can verify by looking at the volume on the stock recently.

One can confirm all of the above by calling the company.

The stock rose by 25% on thursday and another 13% on Friday. So obviuosly it is starting to get noticed, and more and more people are expected to buy. It is currently oversold, and the Bolligner, MACD and ADX indictors are all showing signs of an approcahing breakout, which you can analyze for yourself in the following chart:
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=drdf,uu[h,a]daclyyay[db][pd20,2!b200][vc60][iut!uah12,26,9!la12,26,9]&r=5622

DALRADA FINANCIAL CORPORATION
9449 Balboa Avenue Suite 211 San Diego, California 92123
Telephone: (858) 277-5300 Fax: (858) 277-3446

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
To be held May 14, 2004

NOTICE IS HEREBY GIVEN that the 2004 Annual Meeting of Stockholders (the
"Meeting") of DALRADA FINANCIAL CORPORATION, formerly Imaging Technologies
Corporation, a Delaware corporation (the "Company"), will be held at 9449 Balboa
Avenue, Suite 211, San Diego, California 92123, at 10 a.m., local time, to
consider and act upon the following:

1. The election of five persons named in the accompanying Proxy Statement to
serve as directors on the Company's board of directors (the "Board") and until
their successors are duly elected and qualified;

2. To approve an amendment to the Company's certificate of incorporation
(the "Certificate of Incorporation") to increase the number of the Common Stock,
authorized to be issued from 500,000,000 shares to 1,000,000,000 shares;

3. To ratify the appointment of Pohl, McNabola, Berg and Company, LLP, as
the Company's independent auditors for the fiscal year ending June 30, 2004; and

4. To consider and transact such other business as may properly come before
the Meeting or any adjournment(s) thereof.

they might increase the number of authorized shares in order to raise capital for more acquisitions. But here's the key note: The authorized shares are insituitional/restricted/stock option securities, NOT securities for the general public. That is to say the increase in the number of authorized shares will not affect the float or the share price of DRDF in the market, ie it makes no difference to you and us.
I should have addressed this aspect in my first DD, thank you for pointing it out.
I recommend that you confirm what i jsut said with the company itself.

General
-------

On September 3, 2003, the Board unanimously adopted a resolution proposing,
declaring advisable and recommending a proposal to amend the Certificate of
Incorporation to increase the number of shares of Common Stock which the Company
is authorized to issue from 500,000,000 to 1,000,000,000 shares. The Board
determined that such amendment is advisable and directed that the proposed
amendment be considered at the Meeting. The additional 500,000,000 shares of
Common Stock, if and when issued, will have the same rights and privileges as
the shares of Common Stock presently issued and outstanding. Each holder of
Common Stock is entitled to one vote per share on all matters submitted to a
vote of stockholders. The Common Stock does not have cumulative voting rights
except for those as may be required under California law. The holders of Common
Stock share ratably on a per share basis in any dividends when, as and if
declared by the Board out of funds legally available therefor and in all assets
remaining after the payment of liabilities in the event of the liquidation,
dissolution or winding up of the Company. There are no preemptive or other
subscription rights, conversion rights or redemption or sinking fund provisions
with respect to the Common Stock.

Dalrada Financial Corporation to Acquire Nurse Staffing Company
Tuesday, May 11, 2004 09:30 AM ET

Expansion of Medical Practice Services Will Boost Revenues and Profits
SAN DIEGO, May 11 /PRNewswire-FirstCall/ -- Dalrada Financial Corporation (OTC Bulletin Board: DRDF, news) today announced that it has signed a letter of intent for the acquisition of M&M Nursing Services by its wholly-owned Jackson Staffing subsidiary. Jackson Staffing is located in the Detroit, Michigan area and is a source for staffing in the call center and medical industries.

M & M Nursing Services is a privately-owned company founded in 1995. The company is headquartered in Southfield, Michigan. Divisional offices are located in San Antonio and Dallas, Texas. The Company provides nursing professionals to hospitals and other health care facilities on a temporary basis. Assignments vary in length from a minimum of one day to 13 weeks, or for as long as a facility requests. It serves all the major hospitals throughout the Detroit metropolitan area and has a very strong reputation in its industry.

M & M has been honored with four consecutive "Future 50" awards, awarded by the Detroit Regional Chamber of Commerce, which recognizes businesses for their exceptional performance in such key areas as revenue and job growth. M&M President, Michael Malecki, a registered nurse, has been honored with the prestigious "Forty Under Forty" award by Crain's Detroit Business. Mr. Malecki will remain with the Company.

"This announcement is indicative of Dalrada's commitment to grow our temporary staffing business," said Brian Bonar, Dalrada Chairman and CEO. "The medical staffing industry represents an important growth industry that we anticipate adding considerably to our revenues," he added.

"According to the latest projections from the U.S. Bureau of Labor Statistics published in the February 2004 Monthly Labor Review, more than one million new and replacement nurses will be needed by 2012, said Michael Malecki. "For the first time, the U.S. Department of Labor has identified Registered Nursing as the top occupation in terms of job growth through the year 2012."

"Our plans are to strategically acquire nurse staffing companies throughout major cities in the US in order to serve hospitals and other medical facilities," said Bill Brann, General Manager of Jackson Staffing. "There is a serious shortage of nurses throughout the country and hospitals are looking for assistance to properly staff their organizations," he added.

Terms of the agreement will be disclosed by Dalrada after signing of a definitive agreement, which is expected within the next 30 days. More information on M&M Nursing Services is available at their website: http://www.mmns.org.

In addition to its temporary staffing business, Dalrada provides a variety of innovative financial services to businesses, including comprehensive human resource administration and employee benefits such as health insurance, HAS savings plans, and 401(k) plans. Dalrada also offers debit card payroll accounts and payroll advances. These services enable small employers to offer benefits and services to their employees that are generally available only to large companies.

About Dalrada Financial Corp.

Dalrada Financial Corporation (OTC Bulletin Board: DRDF, news) was founded in 1982. Headquartered in San Diego, California, the Company provides a variety of professional services related to human resources to businesses.

A number of Dalrada's subsidiaries, including SourceOne Group™, and ProSportsHR™ are professional employer organizations that provide a variety of personnel and human resources services to small to medium-sized businesses. Further information can be obtained on the following internet sites: http://www.prosportshr.com and http://www.sourceonegroupinc.com.

The Company's Jackson Staffing, Inc., MedicalHR™, and CallCenterHR™ subsidiaries are temporary staffing organizations, which provide full-service staffing services to specialized industries.

The Company owns controlling interested in Quik Pix, Inc. (Pink Sheets: QPIX), a leading visual marketing support firm located in Buena Park, California. The company's patented PhotoMotion™ is a unique color medium of multi-image transparencies. Information on the Company is available at http://www.colorvisuals.com. QPIX also produces and distributes the ColorBlind® suite of software, which is devoted to color management for desktop and commercial printing and graphic arts. More information is available at http://www.color.com.

Information on the Company is available at the ITEC Web site at http://www.dalrada.com.

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

For further information, please contact: Brian Bonar, Chief Executive Officer of Dalrada Financial Corporation, +1-858-277-5300, bbonar@dalrada.com.

Source: Dalrada Financial Corporation

Dalrada reported revenues of $3.5 million for the three-month period ended March 31, 2004, a 820% increase over the same period one year ago. Year-to-date revenues were $9.5 million; an increase of approximately $8 million (429%) over the prior year.

Third quarter revenues included $2.9 million from the Company's fast-growing temporary staffing business segment, including CallCenterHR™, MedicalHR™, and Jackson Staffing. Year-to-date revenues from temporary staffing activities were $6.3 million.

Dalrada's professional employer services (PEO) business segment also grew substantially. During the third quarter, PEO revenues were $475 thousand on gross billings of $3.2 million representing a 206% increase from the third quarter of last year. Year-to-date, PEO revenues were $2.5 million on billings of $12.1 million, an increase of 215% from the prior year.

Dalrada reported a profit on operations for the quarter ended March 31, 2004 of $484 thousand, and a net profit of $279 thousand ($0.01 per share on continuing operations). The Company's year-to date loss, however, was $3.1 million ($0.01 per share).

During the third quarter, Dalrada changed its ownership position in Greenland Corporation, resulting in a substantial reduction of operating expenses. Additionally, the disposition of Greenland resulted in a gain of $5 million against a loss on discontinued operations of $693 thousand.

Brian Bonar, Chairman and CEO commented, "We are extremely pleased with this quarter's results and are focused to continue moving in the direction of greater revenues and profits. As previously disclosed, over the past few months we have significantly reduced our operating expenses and have accomplished a number of our goals to increase our financial services business."

About Dalrada Financial Corp.

Dalrada Financial Corporation (OTC Bulletin Board: DRDF, news) was founded in 1982. Headquartered in San Diego, California, the Company provides a variety of professional services related to human resources to businesses.

A number of Dalrada's subsidiaries, including SourceOne Group™, and ProSportsHR™ are professional employer organizations that provide a variety of personnel and human resources services to small to medium-sized businesses. Further information can be obtained on the following internet sites: http://www.prosportshr.com and http://www.sourceonegroupinc.com.

The Company's Jackson Staffing, Inc., MedicalHR™, and CallCenterHR™ subsidiaries are temporary staffing organizations, which provide full-service staffing services to specialized industries.

The Company owns controlling interest in Quik Pix, Inc. (Pink Sheets: QPIX), a leading visual marketing support firm located in Buena Park, California. The company's patented PhotoMotion™ is a unique color medium of multi-image transparencies. Information on the Company is available at http://www.colorvisuals.com. QPIX also produces and distributes the ColorBlind® suite of software, which is devoted to color management for desktop and commercial printing and graphic arts. More information is available at http://www.color.com.

Information on the Company is available at the ITEC Web site at http://www.dalrada.com.

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

For further information, please contact: Brian Bonar, Chief Executive Officer of Dalrada Financial Corporation, +1-858-277-5300, bbonar@dalrada.com.

Source: Dalrada Financial Corporation

Some fun fundamentals for the 9 months ending March 31, 2004

OS- 394,950,974

Total Assets 2,013,000

Revs- 9,485,000 = .024/share PPS is lower than rev/share!
Price/Sales .45 (very low)

Net Loss
( 163,000 or .0004 per share) compared to (2,677,000 or .0068 per share '03)
= 94% decrease in Net Loss