Balance sheet for VERSADIAL, INC. (VSDL)

Balance Sheet for VERSADIAL, INC.
Jun 30, 2008 Jun 30, 2007 Dec 31, 2005
Assets
Cash And Cash Equivalents 217,000 134,000 14,000
Short Term Investments - - -
Net Receivables 594,000 255,000 -
Inventory 261,000 547,000 -
Other Current Assets 19,000 64,000 -
Total Current Assets 1,091,000 1,001,000 14,000
Long Term Investments - - -
Property Plant and Equipment 11,292,000 1,977,000 -
Goodwill - - -
Intangible Assets - - -
Accumulated Amortization - - -
Other Assets 34,000 2,461,000 -
Deferred Long Term Asset Charges 196,000 583,000 -
Total Assets 12,614,000 6,022,000 14,000
Liabilities
Accounts Payable 5,072,000 4,438,000 108,000
Short/Current Long Term Debt 5,277,000 3,029,000 -
Other Current Liabilities 199,000 19,000 -
Total Current Liabilities 10,548,000 7,485,000 108,000
Long Term Debt 10,848,000 11,869,000 34,000
Other Liabilities 2,516,000 7,000 -
Deferred Long Term Liability Charges - - -
Minority Interest - - -
Negative Goodwill - - -
Total Liabilities 23,911,000 19,361,000 142,000
Stockholders' Equity
Misc Stocks Options Warrants - - -
Redeemable Preferred Stock - - -
Preferred Stock - - -
Common Stock 2,000 1,000 31,000
Retained Earnings -20,022,000 -14,830,000 -1,047,000
Treasury Stock - - -
Capital Surplus 8,723,000 1,489,000 888,000
Other Stockholder Equity - - -
Total Stockholder Equity -11,298,000 -13,339,000 -128,000
Net Tangible Assets -11,298,000 -13,339,000 -128,000