The Fight Zone, Inc. (TFZI)

[NY Kev]

The Fight Zone, Inc. dba Gold Recycle Corporation, Inc.
Balance Sheet
As of September 30, 2009
Sep 30, 09
ASSETS
Current Assets
Checking/Savings
Checking 2,343.54
Savings 3.21
Total Checking/Savings 2,346.75
Total Current Assets 2,346.75
Fixed Assets
Furniture and Equipment 3,227.99
Total Fixed Assets 3,227.99
Other Assets
Asset Purchase of GRC 647,331.01
Asset Purchase of TFZI 25,346.00
Total Other Assets 672,677.01
TOTAL ASSETS 678,251.75
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
Note Payables -Current
Convertible Note 20,000.00
Total Note Payables 20,000.00
Officer Loan 6,840.00
Total Other Current Liabilities 26,840.00
Total Current Liabilities 26,840.00
Long Term Liabilities
Note Payables - Long Term
Note Payable 70,000.00
Note Payable 150,000.00
Note Payable 35,000.00
Note Payable 70,000.00
Total Note Payables - Long Term 325,000.00
Total Long Term Liabilities 325,000.00
Total Liabilities 351,840.00
Equity
Capital Stock
Common Stock 346.00
Preferred Stock 25,000.00
Total Capital Stock 25,346.00
Opening Balance Equity 500,000.00
Retained Earnings -153,665.29
Stock Purchase 50,000.00
Net Income -95,268.96
Total Equity 326,411.75
TOTAL LIABILITIES & EQUITY 678,251.75
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