EX-99.2 5 v076087_ex99-2.htm
Exhibit 99.2
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

CERTIFICATION
 
I, Steven J. Hixson, President of AnyWhere MD, Inc. on this 4th day of May, 2007 hereby certify that the 1st Quarter, January through March 31, 2007 financial statements filed herewith and all the notes thereto, fairly represent in all aspects, the financial position and results of operations for the periods presented in conformity with accounting principles generally accepted (GAAP) in the United States.
 
The undersigned hereby states that he has read the information set forth herein above, and attests hereby to the best of his knowledge and belief; such information is true and correct.

Signed this 4th day of May 2007
 
AnyWhere MD, Inc
 
/s/ Steven J. Hixson

 
 

 

ANYWHERE MD, INC
PROFIT & LOSS
UNAUDITED
JANUARY THROUGH MARCH 31 2007

   
Jan - Mar
 
   
'07
 
Income
       
   4000 - Income
       
     Data Base
   
850.00
 
     Forms
   
757.30
 
     Hardware
   
5,837.00
 
     Shipping
   
1,935.43
 
     Software
   
95,427.10
 
     Tech Support
   
59,647.00
 
    4000 Income - Other
   
5,535.00
 
  Total 4000 Income
   
169,988.83
 
         
Total Income
   
169,988.83
 
         
Cost of Goods Sold
       
  5000 Cost of Goods Sold
   
12,841.11
 
 Total COGS
   
12,841.11
 
         
Gross Profit
   
157,147.72
 
         
    Expense
       
        6100 Advertising
   
261.12
 
        6110 Automobile Expense
   
3,891.00
 
        6120 Service Charges
   
1,418.81
 
        6140 Contributions
   
1,633.07
 
        6160 Dues and Subscriptions
   
2,382.24
 
        6165 Employee Benefits
   
739.12
 
        6180 Insurance
   
9,397.16
 
        6200 Interest Expense
   
66.68
 
        6210 Janitorial
   
806.26
 
        6215 Lease Payments
   
1,398.12
 
        6220 Legal & Professional
   
-153.94
 
        6230 License & Permits
   
117.50
 
        6235 Maintenance & Repairs
   
673.14
 
        6245 Payroll
   
60,873.67
 
        6247 Payroll Tax Expense
   
8,216.50
 
        6250 Postage & Shipping
   
2,836.38
 
        6280 Refunds
   
796.00
 
        6290 Rent
   
13,714.44
 
        6300 Supplies
   
1,865.08
 
        6330 Taxes
   
2,232.00
 
        6340 Telephone
   
9,371.98
 
        6350 Travel & Entertainment
   
1,168.96
 
        6390 Utilities
   
2,566.54
 
     Total Expense
   
126,271.83
 
 Net Income
   
30,875.89
 
 
 

 

ANYWHERE MD, INC
BALANCE SHEET
UNAUDITED
JANUARY THROUGH MARCH 31 2007

       
Mar 31,
 
   
 
 
'07
 
ASSETS
         
   Current Assets
         
      Checking/Savings
         
        1002 Cash In Bank Credit Cards          
468.46
 
        1000 Cash In Bank          
94.12
 
        1010 Petty Cash          
200.00
 
      Total Checking/Savings
         
762.58
 
               
    Other Current Assets
             
        1250 Accounts Receivable Shareholder          
100,872.48
 
        1300 Inventory              
           Forms  
1,843.24
 
           1300 Inventory - Other  
1,855.41
 
        Total 1300 Inventory  
3,698.65
 
    Total Other Current Assets
         
104,571.13
 
               
    Total Current Assets
         
105,333.71
 
               
    Fixed Assets
             
        1500 Equipment
         
6,732.63
 
    Total Fixed Assets
         
6,732.63
 
               
    Other Assets
             
        1550 A/D Equipment
         
-6,622.00
 
        1450 Cash Clearing
         
26,705.83
 
    Total Other Assets
         
20,083.83
 
TOTAL ASSETS
         
132,150.17
 
LIABILITIES & EQUITY
             
    Liabilities
             
        Current Liabilities
             
        Accounts Payable
             
          2000 Accounts Payable
         
34,741.89
 
        Total Accounts Payable    
34,741.89
 
         
       Credit Cards        
          Amex    
523.37
 
        Total Credit Cards    
523.37
 
         
        Other Current Liabilities        
            2050 Loans Payable    
97,408.24
 
            2201 Accrued Sales Tax    
429.69
 
       Total Other Current Liabilities    
97,837.93
 
         
      Total Current Liabilities    
133,103.19
 
 
    Total Liabilities
   
133,103.19
 
         
    Equity
       
         3001 Capital Stock
   
200.00
 
         3999 P & L Summary
   
-44.00
 
         3900 Retained Earnings
   
-31,984.91
 
         Net Income
   
30,875.89
 
    Total Equity
   
-953.02
 
         
TOTAL LIABILITIES & EQUITY
   
132,150.17
 
 
 
 

 
AnyWhere MD, Inc.
Statements of Cash Flows
January through March 31 2007
(unaudited)
January through March 31, 2007
Operating Activities

 Net Income (Loss )   $ 30,875.89  
         
Gross Revenues
 
$
157,147.72
 
Cost of doing business
 
$
126,271.83
 
         
Net Change in Cash
 
$
(2,789.39
)
Beginning Cash Balance
  $ 3,551.97  
         
Ending Cash Balance   $ 762.58  
__________________________________________________________________________

Significant non cash transactions
 
None
 
 
 

 

  Statement of Stockholders' Equity
 For Period ending March 31, 2007
  (Unaudited)
 
       
 Statements of Stockholders' Equity
      
           
 March 31, 2006
      
   
Common Stock
 
Paid in
 
Accumulated
 
 Total
 
   
Shares
 
Amount Capital
 
 Deficit
 
 Equity
 
Founder's Stock
                      
at $0.00128 per share
   
5,007,000
 
$
5,007
 
$
1,495
       
$
6,502
 
                                 
Officer Contributed Services
               
4,000
         
4,000
 
                                 
Net (Loss)
                   
$
(2,223
)
 
(2,223
)
                                 
Balance, March 31, 2003
   
5,007,000
   
5,007
   
5,495
   
(2,223
)
 
8,279
 
                                 
Officer Contributed Services
               
12,000
         
12,000
 
                                 
Net (Loss)
                     
(15,923
)
 
(15,923
)
                                 
Balance, March 31, 2004
   
5,007,000
   
5,007
   
17,495
   
(18,146
)
 
4,356
 
 
Officer Contributed Services
         
3,000
     
3,000
 
                       
Net (loss)
             
(5,171)
 
(5,171)
 
                       
Balance, Dec 31, 2004
   
5,007,000
    5,007    
20,495
   
(23,317
)
 
2,185
 
                                 
Balance March 31st, 2005
   
200,000,000
                     
0.00010676
 
                                 
Net Income
                   
$
21,352.99
       
                                 
Balance June 30, 2005
   
200,000,000
                     
(0.00000243
)
                                 
Net Income
                     
(487.15
)
     
                                 
Balance September 30, 2005
   
200,000,000
                     
0.00005519
 
                                 
Net Income
                     
11,038.50
       
                                 
Balance December 31, 2005
   
200,000,000
                     
0.00009113
 
                                 
Net Income
                     
18,227.73
       
                                 
Balance March 31, 2006
   
200,000,000
                     
(00002393
)
                                 
Net Income
                     
(4,787.32
)
     
                                 
Balance June 30, 2006
   
200,000,000
                     
0.00009112
 
                                 
Net Income
                     
(19,796.45
)
     
                                 
Balance September 30, 2006
   
200,000,000
                     
(.00009898
)
                                 
Net Income
                     
(16,637.69
)
     
                                 
Balance December 31 2006
   
200,000,000
                     
(.00008318
)
                                 
Net Income
                     
30,875.89
       
                                 
Balance March 31 2007
   
200,000,000
                     
.000015437
 
 
 
 

 

Anywhere MD, Inc
NOTES TO FINANCIAL STATEMENTS January through March 31 2007
 

NOTE 1. GENERAL ORGANIZATION AND BUSINESS
 
Anywhere MD, Inc predecessor. (the Company) was incorporated under the laws of the state of Nevada on December 6, 2002.
 
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES
 
Accounting Basis The basis is accounting principles generally accepted in the United States of America.
 
Earnings (Loss) per Share
 
The basic earnings (loss) per share is calculated by dividing the Company's net income available to common shareholders by the weighted average number of common shares during the year. The diluted earnings (loss) per share is calculated by dividing the Company's net income (loss) available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted as of the first of the year for any potentially dilutive debt or equity. The Company has no potentially dilutive shares outstanding. Therefore the basic and dilutive are the same.

Dividends

The Company has not adopted any policy regarding payment of dividends. No dividends have been paid during the periods shown.
 
Income Taxes

The provision for income taxes is the total of the current taxes payable and the net of the change in the deferred income taxes. Provision is made for the deferred income taxes where differences exist between the period in which transactions affect current taxable income and the period in which they enter into the determination of net income in the financial statements.
 
Stock Based Compensation

The Company accounts for its stock based compensation based on provisions in SFAS No. 123, Accounting for Stock-Based Compensation which utilizes the fair method for the valuation of its securities given as compensation. The Company currently has no Stock Based

Compensation program.

Use of Estimates
 
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
 
Revenue - Revenue for sales is recorded when the product is shipped to the customer
 
 
 

 
Notes to Financial Statements - Continued
 
NOTE 3. RELATED PARTY TRANSACTIONS
 
The officer and director of the Company is involved in other business activities and may, in the future, become involved in other business opportunities becomes available, he may face a conflict in selecting between the Company and their other business interests. The Company has not formulated a policy for the resolution of such conflicts.

NOTE 4. PROVISION FOR INCOME TAXES
 
The Company provides for income taxes under Statement of Financial Accounting Standards NO. 109, Accounting for Income Taxes. SFAS No. 109 requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse.
 
The total deferred tax asset is calculated by multiplying a 15% estimated tax rate by the items making up the deferred tax account, the NOL.
 
NOTE 5. THE EFFECT OF RECENTLY ISSUED ACCOUNTING STANDARDS

Below is a listing of the most recent accounting standards and their effect on the Company. SFAS 148 Accounting for Stock-Based Compensation-Transition and Disclosure
 
Amends FASB 123 to provide alternative methods of transition for an entity that voluntarily changes to the fair value based method of accounting for stock-based employee compensation.

SFAS 149 Amendment of Statement 133 on Derivative Instruments and Hedging Activities

This Statement amends and clarifies financial accounting and reporting for derivative instruments, including certain derivative instruments embedded in other contracts (collectively referred to as derivatives) and for hedging activities under FASB Statement NO. 133, Accounting for Derivative Instruments and Hedging Activities.

SFAS 150 Financial Instruments with Characteristics of both Liabilities and Equity

This Statement requires that such instruments be classified as liabilities in the balance sheet. SFAS 150 is effective for financial instruments entered into or modified after May 31, 2003.

Interpretation No. 46 (FIN 46)
 
Effective January 31, 2003, The Financial Accounting Standards Board requires certain variable interest entities to be consolidated by the primary beneficiary of the entity if the equity investors in the entity do not have the characteristics of a continuing financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties. The Company has not invested in any such entities, and does not expect to do so in the foreseeable future.
 
The adoption of these new Statements is not expected to have a material effect on the Company's financial position, results or operations, or cash flows.