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EXHIBIT 21.1
SUBSIDIARIES OF IRONSTONE GROUP, INC.
AcadiEnergy, Inc., a Delaware corporation, is a 100%-owned subsidiary of the Company.
Belt Perry Associates, Inc., an Arizona corporation, (“BPA”) is a 100%-owned subsidiary of the Company.
Belt Perry Associates, Inc., a California corporation, is 83.33% owned by BPA and 16.67% owned by the Company.
DeMoss Corporation, a California corporation, is a 100%-owned subsidiary of the Company.
TaxNet, Inc., an Arizona corporation, is a 100%-owned subsidiary of BPA.