Exhibit 99.1

MEDICAL BILLING ASSISTANCE, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
	June 30, 2011
	(unaudited)
	Pro forma			As reported
ASSETS
Current assets
Cash	$	1,836,762		$	87,913
Accounts receivable		43,526			43,526
Prepaid expenses		13,673			43,673
Escrows and deposits		232,162			-
Total current assets		2,126,123			175,112
Property, plant and equipment, net of accumulated depreciation of $1,099,701 and $1,018,970		4,617,829			4,617,829
Other assets
Capitalized financing costs		169,283
Deposits		2,415			2,415
Total assets	$	6,915,650		$	4,795,356
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
Accounts payable and accrued expenses	$	222,463		$	305,817
Notes payable, current portion		67,727			5,346,352
Notes payable- related party, current portion		19,301			19,301
Convertible note payable		53,000			53,000
Unearned revenue		23,586			23,586
Deferred income taxes		50,019			50,019
Other liabilities		-			-
Total current liabilities		436,095			5,798,075
Long term debt:
Deposits held		47,399			47,399
Notes payable, long term portion		7,482,274			-
Total long term debt		7,529,673			47,399
Total liabilities		7,965,768			5,845,474
Stockholders' deficit
Preferred stock, $0.01 par value; 1,000,000 shares authorized, Nil issued and outstanding		-			-
Common stock, $0.001 par value; 100,000,000 shares authorized, 49,716,000 shares issued and outstanding as of June 30, 2011 and December 31, 2010		49,716			49,716
Additional paid in capital		40,915			40,915
Accumulated deficit		(1,140,749	)		(1,140,749	)
Total stockholders' deficit		(1,050,118	)		(1,050,118	)
Total liabilities and stockholders' deficit	$	6,915,651		$	4,795,356