Assets June 30th , 2014 (unaudited) Current asse

Assets
June 30th , 2014 (unaudited)
Current assets Cash $ 25,284.00
Accounts receivable $ 457,445.00 Inventory $ - Loan recievable from affiliate $ - Deferred contract costs $ 55,160 Prepaid expenses $ 937,560.00 Total current assets $ 1,475,449.00
Property & equipment, net of accumulated
depreciation respectively $ 12,183,703.00
Loans to shareholders $ - Intangible property, net of accumulated
amortization respectively $ 6,511,067.00 Investment in affiliate $ - Goodwill $ - Deposits $ - Total Assets $ 20,170,219.00
Liabilities and Stockholders' Equity Current liabilities
Accounts payable $ 442,798.00 Accrued expenses $ 1,117,560.00 Customer deposits and deferred revenue $ 191,309.00 Notes payable $ 305,925.00 Loans and notes payable, related parties $ 5,163,000.00 Total current liabilities $ 7,220,592.00
Notes payable $ -
Notes payable to Shareholder $ 145,000.00 Total liabilities $ 7,365,592.00
Stockholders' Equity Preferred Stock: Preferred Stock, Series A: 1,000,000 shares authorized;
$.10 par value; 0 and 0 issued and outstanding - Preferred Stock, Series B: 5,000,000 shares authorized;
$.001 par value; 1,800,000 and 1,800,000 issued and outstanding 1,800.00 Common Stock, $.001 par value, 7,023,515,050 shares authorized; 7,023,515,050 issued, restricted 450,000,000 shares and 6,573,515,050 unresticted, respectively 7,023,515.00 Additional paid-in capital 9,324,312.00 Subscriptions recievable - Accumulated deficit (3,545,000.00) Total stockholders' equity 12,804,627.00
Total Liabilities and Stockholders' Equity