ITEM 1 - FINANCIAL STATEMENTS
B2DIGITAL, INC.
BALANCE SHEETS (Unaudited)
December 31, March 31,
2005 2005
ASSETS
CURRENT ASSETS
Cash $ 1,556 $ 5,711
Accounts receivable 128,665 76,744
Inventories 286,251 287,301
Prepaid expenses - 12,790
Total current assets 416,472 382,546
PROPERTY AND EQUIPMENT
Net Equipment, net 100,065 120,258
TOTAL ASSETS $ 516,537 $ 502,804
LIABILITIES AND STOCKOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable and accruals: $ 823,580 $ 528,049
Related party loans payable 37,500 242,000
Note payable 120,000 120,000
Bond payable 75,000 75,000
Total Current Liabilities 1,056,080 965,049
Convertible notes payable 1,038,678 1,438,678
Note payable related party 800,000 800,000
TOTAL LIABILITIES 2,894,758 2,238,678
STOCKHOLDERS' DEFICIENCY
Preferred stock $.001 par value: 50,000,000 shares authorized, 2,000,000 and 1,200,000 shares issued; 2,000 1,200
Additional paid in capital preferred stock 706,000 514,800
Common stock $.001 par value: 900,000,000 shares authorized; 893,970,939 and 336,870,939 shares issued and outstanding 893,971 336,870
Additional paid in capital 6,720,849 6,332,140
Accumulated deficit (10,661,041 ) (9,835,933 )
Stock subscription receivable (40,000 ) (50,000 )
Total stockholders' equity (2,378,221 ) (2,700,923 )
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $516,537 $ 502,804
See notes to financial statements
|
Thread abonnieren
ETF-Sparplan