Breezer Ventures Inc (BRZV)

[RainmanOregon]

BRZV..from the 10K-A Jan. 2012.....Liquidity and Capital Resources

As of the date of this annual report, we have not generated any revenues from our business activities.

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As of September 30, 2011, our total assets were $72,094, which represented a increase from our total assets of $1,714 as of September 30, 2010. Our total current liabilities as of September 30, 2011 were $176,365, which represented an increase from our total current liabilities of $71,601 as of September 30, 2010. The Company has experienced a net loss of $36,520 for the year ended September 30, 2011, and a net loss of $177,451 for the period from May 18, 2005 (the date of the Company's incorporation) to September 30, 2011. Our net loss from operations decreased to $36,520 for the year ended September 30, 2011, as compared to $12,273 for the year ended September 30, 2010. Our main expenses in the year ended September 30, 2011 included consulting and professional fees of $31,690, depreciation in the amount of $1,444 and interest in the amount of $3,136, compared to expenses for the year ended September 30, 2010, which included consulting and professional fees of $5,100, depreciation in the amount of $3,504 and interest in the amount of $3,136.