GEOR▇▇ ▇▇▇▇▇▇▇▇ Clause Samples

GEOR▇▇ ▇▇▇▇▇▇▇▇. ▇▇or▇▇ ▇▇▇▇▇▇▇▇ -------------------------------------------------------------------------------- 15 O▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ EXHIBIT "B" MEDHEALTH IMAGING, INC. BALANCE SHEET AS OF MARCH 31, 1995 TOTAL MII CURRENT ASSETS CASH 9,840 ACCOUNTS RECEIVABLE 5,334 INVENTORY 172,558 OTHER CURRENT ASSETS 11,563 --------- TOTAL CURRENT ASSETS 199,295 NON-CURRENT ASSESTS PROPERTY & EQUIPMENT 5,000,000 INVESTMENT IN SUBSIDIARY0 DESIGN & PATENT RIGHTS 1,192,091 --------- TOTAL NON-CURRENT ASSETS 6,192,091 TOTAL ASSETS 6,391,386 ========= CURRENT LIABILITIES ACCOUNTS PAYABLE 69,926 ACCRUED EXPENSES 58,680 NOTES PAYABLE 21,380 OTHER CURRENT LIABILITIES 16,656 --------- TOTAL CURRENT LIABILITIES 166,642 EXCESS OF NET ASSETS OVER PURCHASE PRICE 20,151 LONG TERM NOTES PAYABLE 2,000,000 --------- TOTAL LIABILITIES 2,186,793 STOCKHOLDER'S LIABILITY COMMON STOCK 5,196 PAID-IN-CAPITAL 4,692,163 RETAINED EARNINGS (492,766) --------- TOTAL STOCKHOLDER EQUITY 4,204,593 --------- TOTAL LIABILITIES SHAREHOLDER EQUITY 6,391,386 ========= MEDHEALTH IMAGING, INC. BALANCE SHEET AS OF M▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ADJUSTMENT TOTAL 3/31/95 3/31/95 MII CURRENT ASSETS CASH 2,965 6,875 0 9,840 ACCOUNTS RECEIVABLE 0 5,334 0 5,334 INVENTORY 124,000 48,558 0 172,558 OTHER CURRENT ASSETS 0 11,563 0 11,563 --------- --------- ---------- --------- TOTAL CURRENT ASSETS 126,965 72,330 0 199,295 NON-CURRENT ASSESTS PROPERTY & EQUIPMENT 0 5,000,000 0 5,000,000 INVESTMENT IN SUBSIDIARY 3,000,000 0 (3,000,000) 0 DESIGN & PATENT RIGHTS 1,192,091 0 0 1,192,091 --------- --------- ---------- --------- TOTAL NON-CURRENT ASSETS 4,192,091 5,000,000 (3,000,000) 6,192,091 TOTAL ASSETS 4,319,056 5,072,330 (3,000,000) 6,391,386 --------- --------- ---------- --------- CURRENT LIABILITIES ACCOUNTS PAYABLE 36,377 33,549 0 69,926 ACCRUED EXPENSES 40,050 18,630 0 58,680 NOTES PAYABLE 21,380 0 0 21,380 OTHER CURRENT LIABILITIES 16,656 0 0 16,656 --------- --------- ---------- --------- TOTAL CURRENT LIABILITIES 114,463 52,179 0 166,642 EXCESS OF NET ASSETS OVER PURCHASE PRICE 0 0 20,151 20,151 LONG TERM NOTES PAYABLE 0 2,000,000 0 2,000,000 --------- --------- ---------- --------- TOTAL LIABILITIES 114,463 2,052,179 20,151 2,186,793 STOCKHOLDER'S LIABILITY COMMON STOCK 5,196 0 0 5,196 PAID-IN-CAPITAL 4,692,163 3,020,151 (3,020,151) 4,692,163 RETAINED EARNINGS (492,766) 0 0 (492,766) --------- --------- ---------- --------- TOTAL STOCKHOLDER EQUITY 4,204,593 3,020,151 (3,020,151) 4,204,593 --------- --------- --...