BIOFILTRATION SYSTEMS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2000
(Revised)
The information presented herein as of September 30, 2000, and for the nine and
three-months ended September 30, 2000 and 1999, is unaudited.
Effective October 3, 2000, the Company changed its name to BIFS Technologies
Corporation.
NOTE A - BASIS OF PRESENTATION
The accompanying consolidated financial statements of Biofiltration Systems,
Inc. (the Company) have been prepared in accordance with generally accepted
accounting principles for interim financial information and with the
instructions to the Securities and Exchange Commission's Form 10-QSB and item
310(b) of Regulation S-B. Accordingly, they do not include all of the
information and footnotes required by generally accepted accounting principles
for complete financial statements. In the opinion of management, all adjustments
(consisting of normal required adjustments) considered necessary for a fair
presentation have been included.
Operating results for the nine and three-month periods ended September 30, 2000,
are not necessarily indicative of the results that may be expected for the year
ending December 31, 2000. For further information, refer to the December 31,
1999 financial statements and footnotes included in the Company's initial
registration statement with the Securities and Exchange Commission.
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