RCCHOLDINGSCORP.BALANCESHEETFORTHEPERIODENDEDSEPTEMBER30,2007_____________________________________________________
ASSETS
CurrentAssets:
CashandCashequivalents$142,194
SecurityDeposits13,220
TotalCurrentAssets155,414
FixedAssets:(note1)
Equipment$60,065
FurnitureandFixtures212,828
Computers 36,246A
ccumulatedDepreciation(8,826)T
otalFixedAssets300,313T
OTALASSETS$455,727L
IABILITIESANDSTOCKHOLDERS’(DEFICIT)C
urrentLiabilities:D
uetoStockholder,G.N.(note2)$883,317T
otalCurrentLiabilities883,317T
otalliabilities$883,317S
tockholders’(deficit):(note3)(
Deficit)prioryear:(71,681)(Deficit)accumulatedduringtheD
evelopmentstage,yeartwo(355,909)P
referredStock,50,000,000sharesauthorized,0OutstandingC
ommonStock,500,000,000sharesauthorized,21,269,835sharesissuedoutstandingT
OTALLIABILITIES&STOCKHOLDERS’(DEFICIT)$455,727
