PubliCARD, Inc.
(Debtor-In-Possession)
Balance Sheet
As of December 31, 2007
	December 31, 2007
	Balance Sheet
Current Assets
Cash	$	1,793
Restricted Cash		-
Due From Related Parties		-
Accounts Receivable-Net		(268	)
Inventory Net		-
Prepaid Other		-
Prepaid Insurance and Rent		6,250
Prepaid Professional		-
Prepaid Expenses		11,364
Total Current Assets		19,139
Property, Plant, & Equipment - Gross		14,404
Accumulated Depreciation		(10,853	)
Property, Plant, & Equipment - Net		3,551
Intangibles - Gross		-
Accumulated Amortization		-
Intangibles - Net		-
Organizational Costs		-
Other - Non-Current		-
Total Assets	$	22,690
Post-Petition Liabilities
Cash Overdrafts	$	-
Accounts Payable		34,264
Accrued Payroll/Commission		22,047
Accrued Consulting		60,000
Due to Affiliates		71,915
Other Current Liabilities/Accrued Professional Fees		46,740
Total Post Petition Current Liabilities		234,966
Pre-Petition Liabilities
Cash Overdrafts		-
Accounts Payable		294,021
Deferred Revenues		-
Accrued Payroll/Commission		-
Obligations For Capital Leases Current		-
Other Current Liabilities		11,606
Total Pre- Petition Current Liabilities		305,627
Interest Payable		-
Other Long Term Liabilities		-
-
Total Liabilities		540,593
Stockholders' Deficit
Class A Preferred Stock Second Series, no par value:1,000 shares authorized		2,325,000
465 shares issued and outstanding
Common shares, $0.10 par value: 40,000,000 shares authorized; 24,940,902		2,494,090
shares outstanding
Additional paid-in capital		108,624,824
Accumulated deficit		(113,961,817	)
Total Stockholders Deficit		(517,903	)
Total Liabilities and Stockholders' Deficit	$	22,690