ex10_19.htm


    
      

    

    Exhibit
10.19

     

    
      	
              In re

            	 	
              CROCHET & BOREL SERVICES,
    INC.

            	 
      	
              Case No.

            	 	
              08-10290
      (BLS)

            
	 
      	 	
              Debtor

            	 
      	
              Reporting
      Period:

            	 	
              June 1 through
      June 30

            


    

     

    
      ACCOUNTS
RECEIVABLE RECONCILIATION AND AGING

       

      
        	
                Accounts
      Receivable Reconciliation

              	 	
                Amount

              	 
	
                Total
      Accounts Receivable at the beginning of the reporting
    period

              	 	 	28,495,893	 
	
                Plus:
      Amounts billed during the period

              	 	 	-	 
	
                Less:
      Amounts collected during the period

              	 	 	-	 
	
                Total
      Accounts Receivable at the end of the reporting period

              	 	 	28,495,893	 


      

       

       

      
        	
                Accounts
      Receivable Aging

              	 	
                0-30
      Days

              	 	 	
                31-60
      Days

              	 	 	
                61-90
      Days

              	 	 	
                91+
      Days

              	 	 	
                Total

              	 
	
                0 -
      30 days old

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 
	
                31
      - 60 days old

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 
	
                61
      - 90 days old

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 
	
                91+
      days old

              	 	 	 	 	 	 	 	 	 	 	 	28,495,893	 	 	 	28,495,893	 
	
                Total
      Accounts Receivable

              	 	 	-	 	 	 	-	 	 	 	-	 	 	 	28,495,893	 	 	 	28,495,893	 
	 
      	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                Less:
      Bad Debts (Amount considered uncollectible)

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	(12,311,618	)	 	 	(12,311,618	)
	 
      	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                Net
      Accounts Receivable

              	 	 	 	 	 	 	-	 	 	 	-	 	 	 	16,184,275	 	 	 	16,184,275	 


      

       

       

      TAXES
RECONCILIATION AND AGING

       

      
        	
                Taxes
      Payable

              	 	
                0-30
      Days

              	 	
                31-60
      Days

              	 	
                61-90
      Days

              	 	
                91+
      Days

              	 	
                Total

              
	
                0 -
      30 days old

              	 	 
      	 	 
      	 	 
      	 	 
      	 	 
      
	
                31
      - 60 days old

              	 	 
      	 	 
      	 	 
      	 	 
      	 	 
      
	
                61
      - 90 days old

              	 	 
      	 	 
      	 	 
      	 	 
      	 	 
      
	
                91+
      days old

              	 	 
      	 	 
      	 	 
      	 	 
      	 	 
      
	
                Total
      Taxes Payable

              	 	 
      	 	 
      	 	 
      	 	 
      	 	 
      
	
                Total
      Accounts Payable

              	 	
                2,212

              	 	
                968

              	 	
                210

              	 	
                654

              	 	
                4,044