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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Taki who wrote (102877)	3/29/2002 11:39:46 PM
From: Taki	Respond to of 150070

RDNK HERE THAT IS BETTER.cONFUSED WITH THE EARLIER POST SORRY. Janauary 31, 2002.... Los Angeles, CA. Redneck Foods, Inc., announced the acquisition of the assets of Customs Foods Franchise Group, Inc. CUSTOM FOODS FRANCHISE GROUP, INC. STATEMENT OF INCOME December 31,2000 Revenue Royalty Fees $387,567.00 Franchise Fees $60,000.00 Equipment Lease $787.50 Rent $80,000.00 Other Income $6,801.89 Total Income $535,156.39 Expenses Auto $9,304.00 Bank Service Charges $2,016.76 Depr/Amort $33,487.44 Equipment Lease $1,651.53 Insurance $16,018.78 Legal/Accounting-Fees $17,500.00 Office $2,668.50 Payroll Tax Expense $10,164.20 Postage & Delivery $2,431.81 Rent $22,721.70 Royalty-Fees Promotions $33,979.27 Royalty-Fees Waived $11,391.25 Royalty-Fees-Opening Promotions $24,917.62 Salary & Wages Officers $56,538.41 Salary & Wages-Others $17,063.42 Telephone $9,895.09 Taxes &Licenses $672.00 Travel & Entertainment $15,303.47 Total Expenses $287,725.25 Profit/(Loss) $247,431.14