Riverdog
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Senior Boarder
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BALANCE SHEET DEC 12, 2008 - 2008/10/29 08:11 pm
SUN SPORTS AND ENTERTAINMENT, INC. BALANCE SHEET SEPTEMBER 30, 2008 UNAUDITED ASSETS CURRENT ASSETS: Cash and Cash Equivalents $ 2 2,561 Total Current Assets 2 2,561 PROPERTY AND EQUIPMENT: Furniture & Equipment 8 2,671 Total Property and Equipment - Net 8 2,671 TOTAL ASSETS $ 1 05,232 LIABILITY AND SHAREHOLDER'S EQUITY CURRENT LIABILITIES: Accounts Payable and Accrued Expenses $ 3 04,458 Bank Line of Credit 3 5,887 Note Payable -Current 7 80,663 Total Current Liabilities 1 ,121,008 TOTAL LIABILITIES 1 ,121,008 SHAREHOLDER'S EQUITY: Common and Preferred Stock 3 ,171,856 Retained (Deficit) - (4,187,632) Total Shareholder's Equity (1,015,776) TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 1 05,232
SUN SPORTS AND ENTERTAINMENT, INC. STATEMENT OF INCOME AND RETAINED EARNINGS FOR THE 3 MONTHS ENDED SEPTEMBER 30, 2008 UNAUDITED THREE MONTHS NINE MONTHS REVENUE $ - $ 110,792 TOTAL REVENUES - 110,792 COST OF SALES (1,599) 199,573 GROSS PROFIT 1 ,599 (88,781) OPERATING EXPENSES 9 2,466 501,154 NET OPERATING (LOSS) (90,867) (589,935) OTHER INCOME and (EXPENSES) (3,041) (58,889) Interest Expense (Net) TOTAL OTHER EXPENSES (3,041) (58,889) NET PROFIT (LOSS) $ (93,908) $ (648,824)
http://pinksheets.com/pink/quote/quote.jsp?symbol=sunr
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