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:
|
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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