No Financial Statements. The Company has not prepared any balance sheet, income statement, statement of changes in financial position and shareholders' equity or other financial statement and has kept its financial records on a cash basis since the Company's incorporation on October 24, 1997.
No Financial Statements. Except as may be reflected in the ----------------------- Business Plan, the Company has not prepared any historical balance sheet, income statement, statement of cash flows or stockholders' equity or other financial statement. The Company has no material liability or obligation, absolute or contingent (individually or in the aggregate), except (i) obligations and liabilities incurred after the date of incorporation in the ordinary course of business that are not material, individually or in the aggregate, and (ii) obligations under contracts made in the ordinary course of business that would not be required to be reflected in financial statements prepared in accordance with generally accepted accounting principles.
No Financial Statements. 7 2.15 Changes.................................................................. 7 2.16
No Financial Statements. 8 3.16 Insurance...........................................................................................8 3.17
No Financial Statements. The Company is a development stage, early stage company and has not prepared any financial statements.
No Financial Statements. Tio was incorporated on June 19, 1997 and has had no significant operations to date.
No Financial Statements. No Purchased Entity maintains its own financial statements.
No Financial Statements. The Company has not prepared any ----------------------- historical balance sheet, income statement, statement of cash flows or stockholders' equity or other financial statement.
No Financial Statements. (a) New Borun has not had any operations since its incorporation and no financial statements have been prepared with the exception of those financial statements set forth in Item 2.04 of the New Borun Schedules.
No Financial Statements. The Company has not prepared any balance sheet, income statement, statement of operations, statement of changes in financial position and shareholders' equity or other financial statement. The Company has no material assets other than its rights under this Agreement or as contemplated hereby. The Company has not engaged in any business, generated any revenues, entered into or become bound by any contracts, agreements or commitments of any kind (other than this Agreement and the commitments expressly provided for in this Agreement), in any case involving obligations of the Company in excess of $50,000 or any licenses or agreements regarding the trade secrets, copyrights, patents, technology or intellectual property owned by the Company or any third party.
