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<br />o <br /> <br />o <br /> <br />o <br /> <br />FINANCIAL STATEMENT <br />FOR <br />ARCHITEKNICS, INC. <br />June 30th, 2007 <br />Accountants: Morrison, Brown, Argiz, Farra <br />Mike Farra, JD, CPA <br />Ph. 305-373-5500 <br /> <br />ASSETS: <br />Cash on Hand $ 400,000.00 <br />Accounts Receivable $ 180,000.00 <br />Real Estate $ 350,000.00 <br />Personal Property $ 180,000.00 <br />. furniture <br />. telephone system <br />. computer stations (10) <br />. plotter <br />. photo copier <br />. software <br />. laser and color printers <br />. typewriters <br />. music system <br />. alarm system <br />. photographic and digital photographic equipment <br />. electrical appliances <br />. art work <br />. technical library <br />. miscellaneous <br />Total Assets: $ 1,110,000.00 <br />LIABILITIES: <br />Accounts Payable, (consultants) $ 175,000.00 <br />Accounts and Bills Due $ 5,000.00 <br />Notes Payable $ 0.00 <br />Total Liabilities: $ 180,000.00 <br />NET WORTH $ 930,000.00 <br />TOTAL ASSETS AND LIABILITIES: $ 1,290,000.00 <br />