While I do not expect this to result in any maj
Post# of 43064
Posted On: 12/07/2012 5:06:45 PM
While I do not expect this to result in any major damage to the company and its effort to commercialize P2O, it was/is all about this:
JBI, INC.
(A Development Stage Company)
FINANCIAL STATEMENTS
September 30, 2009
PART I
ITEM 1 – FINANCIAL STATEMENTS
JBI, Inc.
BALANCE SHEET
As of September 30, 2009
| ASSETS | |||||||
| CURRENT ASSETS | 9/30/2009 | 12/31/2008 | |||||
| Cash | $ | 520,331 | $ | 554,205 | |||
| Prepaid Expense | 458,102 | 289,298 | |||||
| Accounts Receivable | 1,519,443 | 2,036,539 | |||||
| Advances | 24,355 | 626 | |||||
| Inventory | 1,381,143 | 1,484,225 | |||||
| ==> Media Credits | 9,997,134 | - | |||||
| Total Current Assets | 13,900,508 | 4,364,893 | |||||
| FIXED ASSETS | |||||||
| Property Plant and Equipment - Net | 1,272,065 | 707,323 | |||||
| Total Property Plant and Equipment | 1,272,065 | 707,323 | |||||
| OTHER ASSETS | |||||||
| Deposits | 99,052 | 4,333 | |||||
| Goodwill | 7,550,847 | 2,203,803 | |||||
| Total Other Assets | 7,649,899 | 2,208,136 | |||||
| ==> TOTAL ASSETS | | $ | 22,822,472 | $ | 7,280,352 | ||
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