Authentic Holdings Inc (AHRO)

[STONE3]

10Q from May shows PPBL has no assets whatsoever, and over 3 million dollars in debt. over 8 million dollars in accumulated deficit.



March 31

December 31


2010

2009

ASSETS

(Unaudited)

Current Assets:

Total Current Assets
-- --

Total Assets
$ -- $ --

LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)

Current Liabilities

Cash overdraft
$ 2,834 $ 2,834
Accounts payable
1,131,011 1,131,011
Acrued officers compensation
480,000 420,000
Secured note and accrued interest payable
801,473 786,762
Unsecured notes and accrued interest payable
83,702 82,192
Convertible notes and accrued interest payable

(net of discount of $141,433 and 138,422)
776,967 764,199
Total Current Liabilities
3,275,987 3,186,998

Commitments and Contingencies
-- --

Stockholders' Deficit


Common Stock - $0.001 par value, 75,000,000 shares authorized,

54,246,846 shares issued and outstanding
$ 54,247 $ 54,247
Additional Paid-In Capital
4,957,161 4,957,161
Accumulated (Deficit)
(8,287,395 ) (8,198,406 )
Total Stockholders' Deficit
(3,275,987 ) (3,186,998 )

Total Liabilities and Stockholders' Deficit
$ -- $ --