NNRF Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2007	FY 2006	FY 2005
Period Ending	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006	Dec '05 Dec 31, 2005
Cash & Equivalents	0.07	0.13	0.03
Cash & Short-Term Investments	0.07	0.13	0.03
Cash Growth	-43.76%	384.32%	-
Prepaid Expenses	0.28	0.01	0.01
Total Current Assets	0.35	0.14	0.04
Property, Plant & Equipment	0.01	0.01	0.01
Long-Term Investments	10.88	1.21	-
Long-Term Deferred Charges	-	0.31	-
Total Assets	11.23	1.66	0.05
Accounts Payable	0.14	0.13	0.01
Accrued Expenses	0.23	0.33	0.14
Short-Term Debt	0.04	0.04	0.15
Total Current Liabilities	0.41	0.5	0.3
Long-Term Debt	-	0.78	-
Total Liabilities	0.41	1.28	0.3
Common Stock	0.05	0.03	0.02
Additional Paid-In Capital	39.05	12.79	-
Retained Earnings	-28.59	-12.44	-0.25
Comprehensive Income & Other	0.31	-0	-0.02
Shareholders' Equity	10.83	0.38	-0.25
Total Liabilities & Equity	11.23	1.66	0.05
Total Debt	0.04	0.82	0.15
Net Cash (Debt)	0.03	-0.69	-0.12
Net Cash Per Share	0.00	-0.03	-0.01
Filing Date Shares Outstanding	47.3	33.53	22.5
Total Common Shares Outstanding	47.01	33.53	22.5
Working Capital	-0.06	-0.36	-0.26
Book Value Per Share	0.23	0.01	-0.01
Tangible Book Value	10.83	0.38	-0.25
Tangible Book Value Per Share	0.23	0.01	-0.01
Machinery	0.01	0.01	0.01

Updated Apr 15, 2008. Source: S&P Global Market Intelligence. Standard template. Financial Sources.