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Alias Born 03/01/2004

Re: None

Friday, 05/27/2005 5:52:56 PM

Friday, May 27, 2005 5:52:56 PM

Post# of 83044
INTERNATIONAL BROADCASTING CORPORATION

BALANCE SHEET

March 31, 2005
(Unaudited)


Current assets:
Cash $ 9,454
Deferred barter credits 50,000
Marketable securities 96,769
------------

Total current assets 156,223

Property and equipment, net 19,470
------------
$ 175,693

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