Pediatric Prosthetics (PDPR) 8-K Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review

Exhibit 99.1

PEDIATRIC PROSTHETICS, INC.
FINANCIAL STATEMENT RESTATEMENTS
June 30, 2005, September 30, 2005, December 31, 2005, and March 31, 2006
	Year					Three Months			Three Months			Six Months			Three Months			Nine Months
	Ended					Ended			Ended			Ended			Ended			Ended
	June 30,					September 30,			December 31,			December 31,			March 31,			March 31,
	2005					2005			2005			2005			2006			2006
Net income (loss)as previously reported		$	(4,390,948	)	$	(671,483	)	$	(124,540	)	$	(796,020	)	$	126,032		$	(679,988	)
Revenue recognition - change from
cash basis to accrual basis.			149,542			(8,167	)		31,677			23,510			32,671			56,181
Recognition of allowance for doubtful
accounts - related to receivables now
recognized under the accrual basis			(44,884	)		-			-			-			-			-
Cost of salesgross up - to present cost of sales
at Host Affiliates on a gross basis			(70,229	)		-			(27,914	)		(27,914	)		(3,520	)		(31,434	)
Shares issued to consultant - reversal
of unearned compensation expense			-			567,653			237,241			804,891			(147,826	)		667,065
Common stock surrendered - reversal
of income recognized upon the
surrender of common stock			-			-			-			-			(188,000	)		(188,000	)
Convertible debt - accounting for discount
discount recognized on convertible debt			-			-			-			-			(11,667	)		(11,667	)
Net income (loss) as restated		$	(4,356,519	)	$	(111,997	)	$	116,464		$	4,467		$	(192,310	)	$	(187,843	)
Net income (loss) per common share -
basic and diluted as previously reported		$	(0.07	)	$	(0.01	)	$	(0.00	)	$	(0.01	)	$	0.00		$	(0.01	)
Net income (loss) per common share -
basic and diluted as restated		$	(0.07	)	$	(0.00	)	$	0.00		$	0.00		$	(0.00	)	$	(0.00	)