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08/18/09 2:27 AM

#37612 RE: sneaky_peaky #37611

I have never quoted Jan of 2009 but 2008[reread what you posted]. You posted my figures FOR 2008, which is correct, and here are the figures from the financial statement. You will note the O/S are 80,429,427. The O/S did, as I have stated over an over, go to 86+ million on the way to the present 101+million.

NEVER HAVE I GIVEN O/S FOR 2009----ALWAYS 2008, AS YOU YOURSELF HAVE POSTED IN YOUR REPLY TO ME. READ IT!!!!YOU POSTED IT!

AMERICAS HOLDINGS, LTD., AND AFFILIATES
CONSOLIDATED BALANCE SHEETS (Unaudited)
AS OF JANUARY 31, 2008


ASSETS
Current Assets:
Cash and cash equivalents $ 1,240,654
Accounts receivable, net of allowance 544,418
Inventories 2,091,245
Other current assets 684,397

Total current assets 4,560,714

Property and Equipment, at cost less accumulated depreciation and amortization 99,444


Investment in Equity Investees 61,636

Intangible assets, net of accumulated amortization 805,601

Deferred loan costs, net 27,874

Other 684,761

Total Assets $ 6,240,030
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
Accounts payable $ 2,114,967
Notes and loans payable 876,528
Loans payable-related party 303,969
Accrued expenses 1,432,195
Amounts received for shares to be issued 20,000
Total Current Liabilities 4,747,659


Shareholders' equity:
Preferred Stock, $0.001 par value; 1,000,000 shares
authorized; issued and outstanding 11,000 shares (redemption value $11,000,000) 11
Common Stock, $0.001 par value; 100,000,000 shares authorized:
issued and outstanding 80,429,437 shares 80,429,437
Additional paid-in capital 32,331,626
Accumulated deficit (30,919,695 )
Total Shareholders’ Equity 1,492,371

Total Liabilities and Shareholders’ Equity