Innovation Nation Balance Sheet

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2009	FY 2008	FY 2007	FY 2006	FY 2005
Period Ending	Jun '09 Jun 30, 2009	Jun '08 Jun 30, 2008	Jun '07 Jun 30, 2007	Jun '06 Jun 30, 2006	Jun '05 Jun 30, 2005
Cash & Equivalents	0.39	0.02	0.78	0	0.29
Cash & Short-Term Investments	0.39	0.02	0.78	0	0.29
Cash Growth	2272.41%	-97.87%	969540.00%	-99.97%	-
Accounts Receivable	0.39	0.31	0.61	-	-
Other Receivables	-	-	0.02	-	-
Receivables	0.39	0.31	0.63	1.77	0.98
Prepaid Expenses	-	-	0.04	-	-
Other Current Assets	0.06	0.08	0.02	-	-0
Total Current Assets	0.84	0.41	1.56	1.77	1.27
Property, Plant & Equipment	0.11	0.13	0.13	-	-
Other Intangible Assets	0.82	0	0	-	-
Other Long-Term Assets	0	0	0.01	-	-
Total Assets	1.78	0.55	1.7	1.77	1.27
Accounts Payable	0.23	0.46	0.41	-	-
Accrued Expenses	-	-	0.03	-	-
Short-Term Debt	-	-	-	1.7	1.21
Current Portion of Leases	-	0.01	0.04	-	-
Current Income Taxes Payable	-	0.09	0.13	-	-
Current Unearned Revenue	0.16	-	-	-	-
Other Current Liabilities	1	-	0	-	-
Total Current Liabilities	1.41	0.58	0.61	1.7	1.21
Long-Term Leases	-	-	0.01	-	-
Other Long-Term Liabilities	-	-	-	0	-
Total Liabilities	1.41	0.58	0.62	1.7	1.21
Common Stock	0.4	0.4	0.04	0.07	0.07
Additional Paid-In Capital	2.22	2.22	2.58	-	-
Retained Earnings	-2.38	-2.34	-0.41	-0	-0
Comprehensive Income & Other	0.04	-0.4	-1.23	-0	0
Total Common Equity	0.29	-0.11	0.99	0.07	0.07
Minority Interest	0.08	0.08	0.09	-	-
Shareholders' Equity	0.37	-0.03	1.08	0.07	0.07
Total Liabilities & Equity	1.78	0.55	1.7	1.77	1.27
Total Debt	-	0.01	0.05	1.7	1.21
Net Cash (Debt)	0.39	0.01	0.73	-1.7	-0.91
Net Cash Growth	4049.97%	-98.71%	-	-	-
Net Cash Per Share	0.00	0.00	0.01	-0.03	-
Filing Date Shares Outstanding	100	100	100	100	-
Total Common Shares Outstanding	100	100	100	-	-
Working Capital	-0.57	-0.17	0.95	0.07	0.07
Book Value Per Share	0.00	-0.00	0.01	-	-
Tangible Book Value	-0.53	-0.12	0.98	0.07	0.07
Tangible Book Value Per Share	-0.01	-0.00	0.01	-	-
Machinery	0.25	0.25	0.23	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.