CMM
Yr-End 2005 Balance Sheet ....
(subject to error)
(lifted numbers off of prior post)
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CURRENT ASSETS 2005 2004 Change
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Cash 808,896 1,568,776 -759,880
Inc in Rec/Invs 4,201,484 40,354 4,161,130
Oth Cur Assets 266,061 336,707 -70,646
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Tot Cur Assets 5,276,441 1,945,837 3,330,604
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CUR LIABIL 2005 2004 Change
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Accot Payable 7,386,972 791,725 6,595,247
Unrealiz Loss 1,293,463 0 1,293,463
Wrk Cap Gold 1,287,219 0 1,287,219
Cur Po LT Cap 2,126,851 0 2,126,851
Cur Po LT Debt 1,693,000 0 1,693,000
Oth Cur Liab -40 0 -40
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Tot Cur Assets 13,787,465 791,725 12,995,740
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Net Work Cap -8,511,024 1,154,112 -9,665,136
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Long Ter Debt 12,768,472 13,544,000 -775,528
10% ConveBond 9,859,875 7,093,875 2,766,000
Cap Lease Obli 5,933,020 0 5,933,020
OperRoyalOwed 583,127 0 583,127
Obli Unse Credi 2,645,120 4,993,750 -2,348,630
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Long Term Lia 31,789,614 25,631,625 6,157,989
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Fully Diluted Shares 4/28/2006
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Issued and Outstanding 107,348,708
For Warrants 17,110,946
For Stock Options 4,475,000
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Total 4/28/2006 128,934,654
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Potential Forward Dilutions
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May 4,108,390
September 4,108,390
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Total 8,216,780
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Potent Tot Diluted Shares 137,151,434
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The 10% Convert Bond ($9.8 million) has been exercised
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Sonny and Larry - now thats an UGLY balance sheet ....
Fortunately, <g> its behind us.
On a different matter, and I could be misunderstanding,
(I think) they said that they may uncork an additional
8 million shares for something or other .....
regards,
John |
