HERE IS THEIR LATEST 10K PS/ ( ) MEANS NEGATIVE
Smokefree Innotec, Inc
Smokefree Innotec, Inc
(a development stage company)
Balance Sheet
As of June 30, 2009
Assets
Current Assets
Cash 9,576
Employee Advances 46,067
Total Current Assets 55,643
Other Assets
Investments in Subsidiaries 27,100
Total Assets 82,743
Liabilities and Equity
Current Liabilities
Loan From Shareholder 192,913
Accrued Salaries 386,500
Accrued Expenses 360,000
Note Payable 110,000
Total Current Liabilities 1,049,413
Long Term Liabilites
Loans Payable - Long Term 280,321
Total Long Term Liabilities 280,321
Total Liabilities 1,329,734
Shareholder Equity
(500,000,000 Common shares authorized @ Par Value $0.001 15,500
373,524,578 common shares issued and outstanding)
Additional Paid in Capital 40,000
Treasury Stock (185,000)
Retained Earnings(Deficit) (837,185)
Current P&L (280,306)
Total Shareholder Equity (1,246,991)
Total Liabilities and Equity 82,743