H V C N

Huron Valley Community Network

Income Statement

For the Twelve Months Ending December 31, 2007

                            Current Mo   Current Mo     Y-T-D        Y-T-D
                            This Year    Last Year    This Year    Last Year
  Revenues
   Contributions-Unres.     $    0.00    $    0.00    $    0.00    $    0.00
   Membership dues             350.00         0.00       885.00       900.00
   Investment Income             0.00         1.03        74.25        11.84
   Contributions-Restricted      0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
   Total Revenues              350.00         1.03       959.25       911.84
                            _________    _________    _________    _________

  Cost of Sales
                            _________    _________    _________    _________
   Total Cost of Sales           0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
  Gross Profit                 250.00         1.03       959.25       911.84
                            _________    _________    _________    _________

  Expenses
   Office Expenses               0.00         0.00        20.00        20.00
   Management & General          0.00         0.00     1,000.00     1,000.00
   Depr Exp - Equipment          0.00       211.60         0.00       211.60
                            _________    _________    _________    _________
   Total Expenses                0.00         0.00     1.020.00     1,231.60
                            _________    _________    _________    _________
  Net Income                $  350.00   $  (210.57)   $  (60.75)   $ (319.76)
                            =========    =========    =========    =========

                          For Management Purposes Only