In re  SFA, Inc			Case No. 02-50562
	MONTHLY OPERATING REPORT SUMMARY
	FOR THE MONTH OF FEBRUARY, 2004
	REVENUE
	Gross Income		$                        -
	Less Cost of Goods Sold		$                        -
	Materials	$                        -
	Direct Labor	$                        -
	Overhead	$                        -
	Gross Profit		$                        -
	OPERATING EXPENSES
	Owner/Officer-Draws/Salaries	$                        -
	Other Employee Salaries	$                        -
	Advertising and Marketing	$                        -
	Insurance	$                        -
	Payroll Taxes	$                        -
	Lease and Rent	$              (2,138.00)
	Telephone and Utlities	$                        -
	Attorney and other Professional Fees	$              (1,289.23)
	UST Quarterly Fees	$                        -
	Other Expenses	$               4,367.73
	Total Operating Expenses		$                  940.50
	Net Income (Loss)		$                 (940.50)
	CURRENT ASSETS
	Accounts Receivable at end of month		$             98,932.75
	Increase (Decrease) in AR for month		$              (4,678.96)
	Inventory at end of month		$               1,169.56
	Increase (Decrease) in Inventory for month		$                        -
	Cash at end of the month		$              (6,301.51)
	Increase (Decrease) in Cash for month		$            (52,071.44)
	LIABILITIES
	Increase (Decrease) in post-petition debt		$                        -
	Increase (Decrease) in pre-petition debt		$                        -
	Taxes Payable:
	Federal Payroll Taxes	$                        -
	State Payroll Taxes	$                        -
	Local Payroll Taxes	$                        -
	State Sales Taxes	$                        -
	Real Estate and Personal	$                        -
	Property Taxes	$                        -
	Other (footnote)	$            (67,451.19)
	Total Taxes Payable		$            (67,451.19)
	Footnote:
	Accrued Advalorem Taxes	(733.26)
	Tonnage Tax	0.00
	Pre Income Tax Payable	0.00
	Pre Tonage Tax	0.00
	Pre Federal Gas Tax Payable	0.00
	Pre Accrued Advalorem Taxes	(66,717.93)
		(67,451.19)