For the
period
For the For the from inception
year ended year ended March 7, 1996 to
December 31, December 31, December 31,
1998 1999 1999
------------- ------------- -----------------
Cash Flows from Operating Activities
Net profit (loss) $(114,866) $(63,691) $(355,217)
Depreciation and amortization -0- -0- -0-
Non-cash transactions 10,056
---------- --------- ----------
Total Cash Flows from
Operations (114,866) (63,691) (345,161)
Cash Flows from Financing Activities
Loan payable 10,150 10,150
Loan payable-affiliated parties 49,224 176,656
Sale of stock 18,902 301,037
---------- --------- ----------
Total Cash Flows from
Financing Activities 18,902 59,374 487,843
Cash Flows from Investing Activities
Capital assets (29,878) (132,148)
Security deposit (7,022) (10,533)
---------- --------- ----------
Total Cash Flows from
Investing Activities (31,400) (142,681)
Net Increase(Decrease)in Cash (23,818) (4,317) 1
Cash Balance Beginning
of Period 28,136 4,318 -0-
--------- -------- ---------
Cash Balance End of Period $ 4,318 $ 1 $ 1
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