Huron Valley Community Network

Income Statement

For the Eight Months Ending August 31, 2008

                            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               0.00        50.00       350.00       535.00
   Investment Income             2.70         6.16        41.98        10.47
   Contributions-Restricted      0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
   Total Revenues                2.70        56.16        391.98      545.47
                            _________    _________    _________    _________

  Cost of Sales
                            _________    _________    _________    _________
   Total Cost of Sales           0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
  Gross Profit                   2.70        56.16       391.98       545.47
                            _________    _________    _________    _________

  Expenses
   Office Expenses              20.00        20.00        20.00        20.00
   Management & General          0.00         0.00     1,000.00     1,000.00
   Depr Exp - Equipment          0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
   Total Expenses               20.00        20.00     1,020.00     1,020.00
                            _________    _________    _________    _________
  Net Income                $  (17.30)  $    36.16    $ (628.02)   $ (474.53)
                            =========    =========    =========    =========

                          For Management Purposes Only

Huron Valley Community Network

Balance Sheet

August 31, 2008

                                       ASSETS

   Current Assets
   Checking Account - Regular           $ 3,170.25 
   Accounts Receivable - Dues                 0.00
                                        ____________
    Total Current Assets                                           3,170.25 
   Property and Equipment                   829.88
                                        ____________
    Total Property and Equipment                                     829.88
   Other Assets
                                        ____________
    Total Other Assets                                                 0.00
                                                                ____________
    Total Assets                                                $  4,000.13
                                                                ============


                                  LIABILITIES AND CAPITAL
   Current Liabilities
                                        _____________
    Total Current Liabilities                                          0.00
   Long-Term Liabilities
                                        _____________
    Total Long-Term Liabilities                                        0.00
                                                                ____________
    Total Liabilities                                                  0.00
   Capital
   Retained Earnings                   $   4,628.15
   Net Income                               (628.02)
                                        _____________
    Total Capital                                                  4,000.13
                                                                ____________
    Total Liabilities & Capital                                 $  4,000.13
                                                                ============

                   Unaudited - For Management Purposes Only

Archived Income Statements

Archived Balance Sheets