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Technology Stocks : EagleTech Communications Inc (EATC)

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To: sks1 who wrote (4)3/22/2000 1:46:00 PM
From: Whisperer!   of 29
 
here is the balance sheet as filed on the Form 10

EAGLETECH COMMUNICATIONS, INC.
FORMERLY GOLDPLATE HOLDINGS ENTERPRISES, INC.
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEETS

ASSETS
December 31, March 31,
1999 1999
----------- ---------
(unaudited)
Current assets:
Cash and cash equivalents $ 145,638 $ -
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Total current assets 145,638 -
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Property and equipment, net 182,812 -

Other assets 7,682 -
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$ 336,132 $ -
=========== =========

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

Current liabilities:
Accounts payable and accrued expenses $ 199,936 $ 47,258
Related party notes 33,902 88,127
Judgments payable 24,638 68,196
Convertible debt - 88,200
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Total current liabilities 258,476 291,781
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Stockholders' equity (deficit)
Common stock, $.0001 par value, 100,000,000 shares
authorized; 9,745,241 and 4,882,401 shares issued and outstanding 975 488
Additional paid-in capital 9,387,416 (486)
Deficit accumulated during the development stage (9,310,735) (291,783)
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Stockholders' equity (deficit) 77,656 (291,781)
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$ 336,132
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