Financials

CONSOLIDATING STATEMENT OF FINANCIAL POSITION* 31 DECEMBER 2010	BIOCOM	PURCHASING GROUP	ELIMINATIONS	CONSOLIDATED
ASSETS (CURRENT):
Cash	$955,045	$453,645	$0	$1,408,690
Accounts Receivable	$792,941	$197,206	$(108,717)	$881,430
Prepaid Expenses & Other Current Assets	$27,598	$7,152	$0	$34,750
TOTAL CURRENT ASSETS:	$1,775,584	$658,003	$(108,717)	$2,324,870
ASSETS (OTHER):
Property and Equipment, Net	$117,675	$18,598	$(1)	$136,271
Other Assets	$425,482	$0	$0	$425,482
Total Other Assets	$543,157	$18,598	$(1)	$561,754
TOTAL ASSETS:	$2,318,741	$676,601	$(108,718)	$2,886,624
LIABILITIES:
Accounts Payable & Accrued Liabilities	$827,040	$194,511	$(108,717)	$912,834
Deferred Revenue	$978,324	$13,904	$0	$992,228
Total Liabilities	$1,805,364	$208,415	$(108,717)	$1,905,062
NET ASSETS	$513,377	$468,186	$(1)	$981,562
TOTAL LIABILITIES & NET ASSETS:	$2,318,741	$676,601	$(108,718)	$2,886,624

*Unaudited