Balance Sheet as of April 30, 2008

ASSETS
	Current Assets
		Checking/Savings
			Petty Cash			45.51
			Checking			15,564.06
		Total Checking/Savings				15,609.57
		Accounts Receivable
			Accounts Receivable
				Temp A/R		-3,107.49
				Accounts Receivable - Other		-1,383.80
			Total Accounts Receivable			-4,491.29
		Total Accounts Receivable				-4,491.29
		Other Current Assets
			Undeposited Funds			109.00
		Total Other Current Assets				109.00
	Total Current Assets					11,227.28
	Fixed Assets
		Property & Buildings				93,549.90
		Accum.Depre.				-82,963.18
	Total Fixed Assets					10,586.72
TOTAL ASSETS						21,814.00
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				Accounts Payable		-2,331.04
			Total Accounts Payable			-2,331.04
			Other Current Liabilities
				Payroll Liabilities
					TWF	13.08
					FUTA	11.28
					FMed WH	12.41
					FICA WH	52.96
					Fed WH	32.00
				Total Payroll Liabilities		121.73
			Total Other Current Liabilities			121.73
		Total Current Liabilities				-2,209.31
		Long Term Liabilities
			Note Payable			40,000.00
		Total Long Term Liabilities				40,000.00
	Total Liabilities					37,790.69
	Equity
		Deferred Revenue				225.00
		Opening Bal Equity				45,269.41
		Retained Earnings				-33,086.91
		Net Income				-28,384.15
	Total Equity					-15,976.65
TOTAL LIABILITIES & EQUITY						21,814.04