American International Industries, Inc. acquires businesses in various industries, supports the development and growth of those subsidiaries, and as opportunities present themselves, from time to time, sells or merges those subsidiaries or assets in order to bring value to the holding company and its shareholders, to enable the Company to acquire larger companies. At December 31, 2003, the Company served as holding company for the wholly owned and partially owned subsidiaries, including Delta Seaboard Well Service, Inc., Northeastern Plastics, Inc. (NPI), T.R.E. Enterprises, Inc. (TREE), Brenham Oil & Gas, Inc. and Unlimited Coatings Corporation (UCCD). Delta is an onshore rig-based well servicing contractor providing service to the oil and gas industries. NPI is a supplier of automotive after-market products and consumer durables. TREE buys and sells real estate in the Houston, Texas area. Brenham is an owner of an oil and gas royalty interest. UCCD is an inactive public company.