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Microcap & Penny Stocks : PLNI - Game Over -- Ignore unavailable to you. Want to Upgrade?

To: scion who wrote (11122)	8/30/2007 8:03:21 PM
From: scion	Read Replies (1) \| Respond to of 12518

D. Debtor Pro Mold’s emergency or interim use of cash collateral as detailed in the Debtor Pro Mold’s Interim Budget that is attached hereto shall be and is hereby authorized pursuant to 11 U.S.C. §363(c)(2)(B) to prevent interruption in the operations of Debtor Pro Mold’s business pending a final hearing on the Debtor’s use of cash collateral. Extract from - AGREED ORDER ON DEBTOR’S AMENDED EMERGENCY MOTION TO USE CASH COLLATERAL 05/31/2007 53 Agreed Order Granting in Part Debtor's Amended Emergency Motion to Use Cash Collateral and Agreed Order Setting Final Hearing on this matter. (RE: related document(s)22 Motion for Use of Cash Collateral, filed by Debtor Pro Mold, Inc.). Hearing scheduled for 6/7/2007 at 01:30 PM at Lexington Courtroom, 3rd Floor. (baa) (Entered: 05/31/2007) ------------------------ Doc 53 OCR of page 9 ----------------- PRO MOLD, INC, BUDGET FOR NEXT 30 DAYS AS OF MAY 17, 2007 COLLECTIONS ON ACCOUNTS RECEIVABLE $ 443,000 OPERATING EXPENDITURES: PURCHASE OF MATERIALS: PURCHASES-RESIN 183,000 PURCHASES - CARTONS 6,000 PURCHASES - BAGS 5,000 PURCHASES - COLOUR 2,000 TOTAL MATERIALS 196,000 SALARIES, WAGES AND BENEFITS: SALARIES AND WAGES 113,000 PAYROLL TAXES 9,920 401(K) PLAN CONTRIBUTIONS 1,000 GROUP INSURANCE 4,810 TOTAL SALARIES AND BENEFITS 128,730 TEMPORARY LABOR 16,000 REPAIRS AND MAINTENANCE 1,855 FREIGHT-IN 1,682 FACTORY SUPPLIES 5,804 ELECTRICITY 9,954 GAS 502 WATER AND SEWER 659 MISCELLANEOUS EXPENSES 100 MEDICAL EXPENSES 600 RENT FOR FACILITIES 18,417 LEASING EXPENSE 1,118 INSURANCE-GENERAL 6,972 TRAVEL & ENTERTAINMENT 725 OFFICE EXPENSE/SUPPLIES 781 POSTAGE 215 BOOKKEEPING SERVICE 754 DATA PROCESSING 1,290 PROFESSIONAL FEES (LEGAL & ACCOUNTING) 1,000 TELEPHONE & TELEGRAPH 1,223 TAXES & LICENSES 500 JANITORIAL SUPPLIES 272 ADVERTISING 117 AUTOMOBILE EXPENSE-MATT (SALES) 1,000 MISCELLANEOUS EXPENSE (SALES) 300 ALL POINTS CAPITAL EQUIPMENT LEASE 12,676 JOHN P. MURPHY, III TRUST NOTE NO. 1 3,088 JOHN P. MURPHY, III TRUST NOTE NO. 2 9,619 JOHN P. MURPHY, III TRUST NOTE NO. 3 4,740 SUBTOTAL EXPENDITURES 426,693 EXCESS OF COLLECTIONS ON ACCOUNTS RECEIVABLE OVER OPERATING EXPENDITURES 16,307 TOTAL CRITICAL VENDOR PAYMENTS 37,740 NET CASH DEFICIENCY $ (21,433)