EX-99.53 21 exhibit20.htm EX-99.53

Exhibit  EX-99.53

INTERNATIONAL GEMINI TECHNOLOGY INC.

#208 — 828 Harbourside Drive,

North Vancouver, British Columbia V7P 3R9

Telephone: (604) 904-8481 Facsimile: (604) 904-9431

NOTICE

Attached are the unaudited interim financial statements of International Gemini
Technology Inc. (the “Corporation”) for the period ended March 31, 2004. The
Corporation’s auditor has not reviewed the attached financial statements.

INTERNATIONAL GEMINI TECHNOLOGY INC.

“signed”

Douglas E. Ford

Director

May 28, 2004

1

INTERNATIONAL GEMINI TECHNOLOGY INC.
Consolidated Balance Sheet
Prepared by management (unaudited)
						March 31, 2004				Dec 31, 2003
ASSETS
Current assets
Cash						$	408			$	1,959
Accounts receivable							—				1,087
Investments							46,024				46,024
						$	46,432			$	49,070
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Accounts payable and accrued liabilities						$	15,287			$	12,355
Shareholders’ equity
Share capital - common						$	12,660,559			$	12,660,559
Share capital - preferred							604,724				604,724
Contributed surplus							53,344				53,344
Deficit							(13,287,482	)			(13,281,912	)
							31,145				36,715
						$	46,432			$	49,070
Approved by the Directors:
“Signed”
Martin Schultz
“Signed”
Douglas E. Ford

2

INTERNATIONAL GEMINI TECHNOLOGY INC.
Consolidated Statement of Income and Deficit
Prepared by management (unaudited)
						Three Months Ended				Three Months Ended
						March 31, 2004				March 31, 2003
Revenue						$	0			$	0
Interest Income							0				0
Expenses
General and administrative							5,570				9,020
Income (loss) for the period							(5,570	)			(9,020	)
Deficit, beginning of period							13,281,912				13,244,049
Deficit, end of period						$	13,287,482			$	13,253,069
Earnings per share							0				0
Fully diluted earnings per share							0				0

3

INTERNATIONAL GEMINI TECHNOLOGY INC.
Statement of Deficit
Prepared by management (unaudited)
		Three Months Ended				Year Ended
		March 31, 2004				December 31, 2003
Deficit, beginning of period		$	(13,281,912	)		$	(13,244,049	)
Income (loss) for the period			(5,570	)			(37,863	)
Deficit, end of period		$	(13,287,482	)		$	(13,281,912	)

4

INTERNATIONAL GEMINI TECHNOLOGY INC.
Consolidated Statement of Cash Flow
Prepared by management (unaudited)
						Three Months Ended				Three Months Ended
						March 31, 2004				March 31, 2003
Operating Activities
Net income for period						$	(5,570	)		$	(9,020	)
Deduct items not involving a current cash receipt
Changes in non-cash working capital balances							(4,019	)			(10,903	)
Net cash increase (decrease) in period							(1,551	)			1,883
Cash position, beginning of period							1,959				596
Cash position, end of period						$	408			$	2,479

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