| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | | | Assets | | Current Assets | | Cash And Cash Equivalents | 5,935,618 | 5,754,333 | | Short Term Investments | 715,732 |
-
| | Net Receivables | 4,174,969 | 4,485,717 | | Inventory |
-
|
-
| | Other Current Assets |
-
|
-
| | | Total Current Assets |
-
|
-
| | Long Term Investments | 17,026,542 | 23,754,542 | | Property Plant and Equipment |
-
|
-
| | Goodwill |
-
|
-
| | Intangible Assets |
-
|
-
| | Accumulated Amortization |
-
|
-
| | Other Assets | 503,774 | 547,494 | | Deferred Long Term Asset Charges |
-
|
-
| | | Total Assets | 28,356,635 | 34,542,086 | | | Liabilities | | Current Liabilities | | Accounts Payable | 9,164,021 | 9,807,365 | | Short/Current Long Term Debt | 13,684,874 | 15,731,578 | | Other Current Liabilities |
-
|
-
| | | Total Current Liabilities |
-
|
-
| | Long Term Debt | 1,099,679 | 5,429,319 | | Other Liabilities |
-
|
-
| | Deferred Long Term Liability Charges |
-
|
-
| | Minority Interest | 3,894,207 | 3,165,421 | | Negative Goodwill |
-
|
-
| | | Total Liabilities | 27,842,781 | 34,133,683 | | |
Stockholders' Equity
| | Misc Stocks Options Warrants |
-
|
-
| | Redeemable Preferred Stock |
-
|
-
| | Preferred Stock |
-
|
-
| | Common Stock | 453 | 433 | | Retained Earnings | 141,207 | 52,269 | | Treasury Stock | (117,550) | (94,966) | | Capital Surplus | 485,837 | 450,667 | | Other Stockholder Equity | 3,907 |
-
| | | Total Stockholder Equity | 513,854 | 408,403 | | | Net Tangible Assets | $513,854 | $408,403 |
|
1.23% Nasdaq 
Balance Sheet
