| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | | | Assets | | Current Assets | | Cash And Cash Equivalents | 81,403 | 614,159 | | Short Term Investments |
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|
-
| | Net Receivables | 48,095 | 648,442 | | Inventory |
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|
-
| | Other Current Assets |
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|
-
| | | Total Current Assets |
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|
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| | Long Term Investments | 234,137 | 158,857 | | Property Plant and Equipment | 45,438 |
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| | Goodwill | 22,691 |
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| | Intangible Assets | 5,855 |
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| | Accumulated Amortization |
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|
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| | Other Assets | 26,044 | 109,403 | | Deferred Long Term Asset Charges | 1,539,318 | 1,979,459 | | | Total Assets | 2,002,981 | 3,510,320 | | | Liabilities | | Current Liabilities | | Accounts Payable | 1,412,000 | 2,492,211 | | Short/Current Long Term Debt |
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|
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| | Other Current Liabilities |
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|
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| | | Total Current Liabilities |
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|
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| | Long Term Debt | 764,889 | 766,983 | | Other Liabilities | 25,940 | 130,865 | | Deferred Long Term Liability Charges | 19,315 |
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| | Minority Interest | 210,944 | 293,016 | | Negative Goodwill |
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|
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| | | Total Liabilities | 2,433,088 | 3,683,075 | | |
Stockholders' Equity
| | Misc Stocks Options Warrants |
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|
-
| | Redeemable Preferred Stock |
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|
-
| | Preferred Stock |
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|
-
| | Common Stock |
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|
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| | Retained Earnings | (1,567,305) | (948,499) | | Treasury Stock |
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|
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| | Capital Surplus | 1,137,161 | 775,744 | | Other Stockholder Equity | 37 |
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| | | Total Stockholder Equity | (430,107) | (172,755) | | | Net Tangible Assets | ($458,653) | ($172,755) |
|
0.51% Nasdaq 
0.24 (1.75%) 
Balance Sheet
