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Re: MarketReader post# 31086

Monday, 08/07/2006 1:10:49 AM

Monday, August 07, 2006 1:10:49 AM

Post# of 169279
CONVERSION SOLUTIONS, INC.

(A Development Stage Company)

Statement of Operations

January 1, 2006 through March 31, 2006





Ordinary Income:



Income (loss) $ 0

Other Income $ 0



Total Income $ 0



Expenses:

Automobile $ 4,486

Bank Service Charges $ 1,413

Building Repairs $ 8,479

Communications $ 1,534

Contributions $ 445

Payroll Expenses $ 177,883

Postage & Delivery $ 549

Professional Fees:

Legal Fees $ 5,000

Total Professional fees



Rent $ 18,500

Telephone $ 8,975



Travel & Entertainment $ 19,576



Other Expenses $ 21,409

Contractual $ 14,238

Supplies $ 1,296

Total Expenses $ 284,019



Net Income (loss) ($ 284,019)



Loss per common Share ($ 0.01)




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