SACIO, INC. (a Development Stage Company) BALANCE SHEETS UNAUDITED ASSETS Dec 31 Dec 31 1999 1998 Current Assets Cash 15 4,300 ------ ------ Total Current Assets 15 4,300 Fixed Assets ------ ------ Net Fixed Assets 0 0 Other Assets Organization Costs 0 0 Less Amortization 0 0 ------ ------ Total Other Assets 0 0 ------ ------ Total Assets 15 4,300 ====== ====== LIABILITIES AND STOCKHOLDERS EQUITY Current Liabilities ------ ------ Total Current Liabilities 0 0 Long Term Liabilities ------ ------ Total Long Term Liabilities 0 0 ----- ------ Total Liabilities 0 0 Stockholders Equity Common Stock - $.001 par value 3,289 2 20,000,000 shares authorized, 3,289,500 issued and outstanding at 12/31/99, 10,935,000 issued and outstanding at 12/31/98 Additional Paid In Capital 1,013 4,299 Beginning Retained Earnings -3,863 -1 Net Loss -424 0 ------- ------ Ending Retained Deficit -4,287 -1 ------- ------ Total Stockholders Equity 15 4,300 ------- ------ Total Liabilities and Stock Holders Equity 15 4,300 ======= ====== SACIO, INC. STATEMENTS OF OPERATIONS (a Development Stage Company) For The Nine Month Ended UNAUDITED Dec 31 Dec 31 1999 1998 ------ ------ Revenues ------ ------ Total Revenue 0 0 Direct Cost ------ ------ Total Cost Of Goods Sold 0 0 ------ ------ Gross Profit 0 0 Operating Expenses General, Selling, & Administrative 424 0 Licenses & Fees 0 0 Accounting & Audit Fees 0 0 ------ ------ Total Operating Expenses 424 0 ------ ------ Loss From Operations -424 0 Other Income & Expense ------ ------ Total Other Income & Expense 0 0 ------ ------ Loss Before Taxes -424 0 ------ ------ Net Loss -424 0 ====== ====== Net Loss Per Share NIL 0 Weighted Average Number of Common Shares Outstanding 3,289,500 10,935,000 SACIO, INC. (a Development Stage Company) STATEMENT OF CASH FLOWS For The Nine Months Ended UNAUDITED Dec 31 Dec 31 1999 1998 ------ ------ Cash Flow From Operating Activities Net Income (Loss) -424 0 Adjustment To Reconcile Net Income (Loss) To Net Cash In Operating Activities: Amortization 0 0 Change In Assets And Liabilities 0 0 Net Cash Flows From Operating Activities -424 0 Cash Flows From Investing Activities: Organization Costs 0 0 Net Cash Flows From Investing Activities 0 0 Cash Flows From Financing Activities: Issuance Of Common Stock For Cash 0 0 Net Cash Flows From Financing Activities 0 0 Net Increase (Decrease) In Cash -424 0 Cash At Beginning of Period 439 4,300 Cash At End Of Period 15 4,300