The Company also considered precedent transaction analysis but ultimately determined there was insufficient data for a meaningful analysis.

	July 12, 2013
	Predecessor		Reorganization
	Company		Adjustments			Successor Company
ASSETS
Current assets
Cash and cash equivalents	$	717	$	-		$	717
Prepaid expenses and other current assets		237					237
Total current assets		954		-			954
TOTAL ASSETS	$	954	$	-		$	954

LIABILITIES AND EQUITY
Current liabilities
Accounts payable and accrued expenses	$	15,566	$	(15,395)	(2)	$	171
Note payable		2,614		(2,614)	(3)		-
Total current liabilities		18,180		(18,009)			171
TOTAL LIABILITIES		18,180		(18,009)			171

COMMITMENTS AND CONTINGENCIES		-		-			-

STOCKHOLDERS' EQUITY/ DEFICIENCY

Convertible preferred stock - par value $.000001, 5,000,000,000 shares authorized, 4,600,000,000 shares issued and outstanding at July 11, 2013; no shares authorized, issued or outstanding at June 30, 2013		-		5	(3)		5

Common stock - par value $.000001, 100,000,000,000 shares authorized, 400,000,000 shares issued and outstanding at July 11, 2013; par value $.01, 100,000,000 authorized and outstanding at June 30, 2013.		1,000		(1,000)	(1)		-
Additional paid-in capital		182,281		(182,281)	(4)		-
				778	(5)		778
Common stock, held in treasury, at cost, 0 and 681,509 shares at July 11, 2013 and June 30, 2013, respectively.		(4,981)		4,981	(4)		-
Accumulated income (deficit)		(195,526)		195,526	(1)		-

TOTAL SHAREHOLDERS EQUITY/ DEFICIENCY		(17,226)		18,009			783
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY/ DEFICIENCY	$	954	$	-		$	954

1) To reduce the total par value of stock held by the pre-petition stockholders to $100, in accordance with the new post-bankruptcy capital structure

2) To record conversion of pre-petition Accounts Payable to 300,000,000, $0.000001 par value common shares, in accordance with the new post-bankruptcy capital structure

3) To record conversion of note payable to 4,600,000,000, $0.000001 par value shares of convertible preferred stock, in accordance with the new post-bankruptcy petition capital structure

4) To eliminate Treasury Stock. APIC and Accumulated Deficit as of July 11, 2013

5) Elimination of Predecessor Company accumulated deficit July 1, 2013 to July 11, 2013