Inferx 8-K Completion of Acquisition or Disposition of Assets

Exhibti 99.1

THE IRUS GROUP, INC.

BALANCE SHEETS

AUGUST 31, 2009 (UNAUDITED)

ASSETS
	AUGUST 31,
	2009
	(UNAUDITED)
Current Assets:
Cash and cash equivalents	$	514,844
Accounts receivable, net		898,853
Other current assets		26,664
Total Current Assets		1,440,361
Fixed assets, net of depreciation		37,115
Other Assets:
Security deposit		6,000
Note receivable		18,255
Total Other Assets		24,255
TOTAL ASSETS	$	1,501,731
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
LIABILITIES
Current Liabilities:
Line of credit	$	810,000
Accounts payable and accrued expenses		928,965
Total Current Liabilities		1,738,965
Total Liabilities		1,738,965
STOCKHOLDERS’ EQUITY (DEFICIT)
Common stock, $.00001 Par Value; 1,625,000 shares authorized
and 1,500,000 shares issued and outstanding		15
Additional paid-in capital		80,085
Retained earnings (deficit)		(317,334	)
Total Stockholders’ Equity (Deficit)		(237,234	)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$	1,501,731

THE IRUS GROUP, INC.

STATEMENTS OF OPERATIONS

FOR THE EIGHT MONTHS ENDED AUGUST 31, 2009

	EIGHT MONTHS ENDED
	AUGUST 31,
	2009
	(UNAUDITED)
OPERATING REVENUES
Revenues	$	4,973,172
DIRECT COSTS
Wages and wage related expenses		612,207
Subcontractor fees		2,911,133
Other direct costs		103,644
Total Direct Costs		3,626,984
GROSS PROFIT		1,346,188
OPERATING EXPENSES
Wages and wage related expenses		439,390
Rent and utilities		60,167
Advertising and promotion		4,423
Professional fees		67,023
Business development		17,048
Other general and administrative expenses		87,007
Depreciation		24,635
Total Operating Expenses		699,693
INCOME (LOSS) BEFORE OTHER EXPENSE		646,495
Interest expense, net		14,112
Total Other Income (expense)		14,112
NET INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES		632,383
Provision for Income Taxes		-
NET INCOME (LOSS) APPLICABLE TO COMMON SHARES	$	632,383
NET INCOME (LOSS) PER BASIC AND DILUTED SHARES	$	0.42
WEIGHTED AVERAGE NUMBER OF COMMON
SHARES OUTSTANDING		1,500,000

STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)

FOR THE EIGHT MONTHS ENDED AUGUST 31, 2009 (UNAUDITED)

					Additional		Retained
	Common Stock				Paid-in		Earnings
	Shares		Amount		Capital		(Deficit)			Total
Balance December 31, 2008		1,500,000		15		80,085		(949,717	)		(869,617	)
Net income for the period		-		-		-		632,383			632,383
Balance August 31, 2009		1,500,000	$	15	$	80,085	$	(317,334	)	$	(237,234	)

THE IRUS GROUP, INC.

 STATEMENTS OF CASH FLOWS

FOR THE EIGHT MONTHS ENDED AUGUST 31, 2009

	EIGHT MONTHS ENDED
	AUGUST 31,
	2009
	(UNAUDITED)
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$	632,383
Adjustments to reconcile net income (loss) to net cash
used in operating activities:
Depreciation		24,635
Changes in assets and liabilities
(Increase) in accounts receivable		(514,901	)
(Increase) in other current assets		(16,675	)
Increase in accounts payable and
and accrued expenses		382,895
Total adjustments		(124,046	)
Net cash (used in) operating activities		508,337
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of fixed assets		(6,688	)
(Increase) in note receivable		(18,255	)
Net cash (used in) investing activities		(24,943	)
CASH FLOWS FROM FINANCING ACTIVITES
Proceeds from line of credit, net of repayments		(40,000	)
Net cash (used in) financing activities		(40,000	)
NET INCREASE IN
CASH AND CASH EQUIVALENTS		443,394
CASH AND CASH EQUIVALENTS -
BEGINNING OF PERIOD		71,450
CASH AND CASH EQUIVALENTS - END OF PERIOD	$	514,844
CASH PAID DURING THE PERIOD FOR:
Income taxes	$	-
Interest expense	$	14,112