11

             U.S. SECURITIES AND EXCHANGE COMMISSION
                      Washington, DC 20549
                                
                           FORM 10-KSB
                                
[X]   Annual  report  pursuant to section  13  or  15(d)  of  the
Securities Exchange Act of 1934 for the fiscal year ended January
2, 1999, or

[ ]   Transition report pursuant to section 13 or 15(d)  of
the  Securities  Exchange act of 1934 for the  transition  period
from    to

                  Commission File No.  0-22408

                           PURUS, INC.
   (Name of Small Business Issuer as specified in its charter)

           Delaware                         77-0234694
(State or Other Jurisdiction of           (IRS Employer
Incorporation or Organization)         Identification No.)

       96 West Second Street, Morgan Hill, CA  95037-4504
      (Address of Principal Executive Offices and Zip Code)

Issuer's Telephone Number:  (408) 778-3465

Securities registered under Section 12(b) of the Act:  None

Securities registered under Section 12(g) of the Act:

                  Common Stock, Par Value $0.01

Check  whether  the issuer (1) filed all reports required  to  be
filed by sections 13 or 15(d) of the Exchange Act during the past
12 months (or such shorter period that the issuer was required to
file  such  reports),  and (2) has been subject  to  such  filing
requirements for the past 90 days.  Yes [X] No [ ]

Check  if there is no disclosure of delinquent filers in response
to  Item  405  of Regulation S-B in this form, and no  disclosure
will  be  contained,  to the best of registrant's  knowledge,  in
definitive  proxy  or  information  statements  incorporated   by
reference  in  Part III of this Form 10-KSB or any  amendment  to
this Form 10-KSB.  [  ]

The issuer's revenues for its most recent fiscal year are $0.

The aggregate market value of voting stock held by non-affiliates
computed on the basis of the average of the bid and asked  prices
on March 28, 1999, was $887,752.

As  of  January  2, 1999, the Registrant had outstanding  666,193
shares of Common Stock, par value $0.01.

Documents incorporated by reference:  None

<PAGE>

                        TABLE OF CONTENTS

ITEM NUMBER AND CAPTION                                     Page

Part I                                                           

1.   Description of Business                                    3

2.   Description of Properties                                  4

3.   Legal Proceedings                                          4

4.   Submission of Matters to a Vote of Security Holders        5
                                                                 
Part II                                                          

5.   Market  for  Common Equity and  Related  Stockholder       5
     Matters

6.   Management's  Discussion and Analysis  of  Financial       5
     Condition and Results of Operations

7.   Financial Statements                                       7

8.   Changes in and Disagreements with Accountants              7
     on Accounting and Financial Disclosure

Part III                                                         

9.   Directors, Executive Officers, Promoters and Control       7
     Persons;  Compliance  with  Section  16(a)  of  the
     Exchange Act

10.  Executive Compensation                                     8

11.  Security Ownership of Certain Beneficial Owners  and       8
     Management

12.  Certain Relationships and Related Transactions             9

13.  Exhibits and Reports on Form 8-K                           9

<PAGE>

                FORWARD-LOOKING STATEMENT NOTICE

When  used  in  this  report, the words "may," "will,"  "expect,"
"anticipate,"  "continue," "estimate," "project,"  "intend,"  and
similar  expressions  are  intended to  identify  forward-looking
statements  within the meaning of Section 27a of  the  Securities
Act  of  1933 and Section 21e of the Securities Exchange  Act  of
1934 regarding events, conditions, and financial trends that  may
affect   the  Company's  future  plans  of  operations,  business
strategy,  operating  results, and financial  position.   Persons
reviewing  this  report  are cautioned that  any  forward-looking
statements  are  not  guarantees of future  performance  and  are
subject  to  risks and uncertainties and that actual results  may
differ  materially from those included within the forward-looking
statements  as  a  result of various factors.  Such  factors  are
discussed  under the headings "Item 1.  Description of Business,"
and  "Item  6.  Management's Discussion and Analysis of Financial
Condition  and  Results of Operations," and also include  general
economic  factors and conditions that may directly or  indirectly
impact   the   Company's  financial  condition  or   results   of
operations.
                                
                             PART I
                                
                ITEM 1.  DESCRIPTION OF BUSINESS

Business

Purus,  Inc.  ("Company") was not engaged in any active  business
operation  during  fiscal  year  1998.   The  Company's   current
operating plan is to (i) defend against legal actions (see  "Item
3.  Legal Proceedings" below), (ii) handle the administrative and
reporting  requirements of a public company, and  (iii)  seek  to
identify   potential  businesses,  products,   technologies   and
companies  for  acquisition.   At present,  the  Company  has  no
commitments or agreements with respect to the acquisition of  any
business, product, technology or company, but has entered into  a
loan transaction with a prospective acquisition target.

To facilitate its acquisition effort, the Company entered into  a
consulting  agreement  in  August 1997,  with  Friedli  Corporate
Finance  Inc., under which the Company pays a consulting  fee  of
$4,000  per month, reimburses the consultant for expenses  up  to
$6,000  per  year,  and  issued to the consultant  a  warrant  to
purchase 20,000 shares of common stock on or before December  31,
2000,  at an exercise price of $4.00 per share.  At the  time  of
the  transaction,  an  affiliate of the  consultant  was  a  five
percent stockholder of the Company.

Due  to  the  legal proceedings pending against the Company  (see
"Item  3. Legal Proceedings" below), the Company has been  unable
to  acquire  an  interest in a business venture, because  of  the
unwillingness of the business ventures reviewed by the Company to
consider  an  acquisition transaction while the legal proceedings
are unresolved.  In the view of management, the legal proceedings
prevent the Company from moving ahead, and are detrimental to the
Company  and its stockholders.  The inability of the  Company  to
acquire  a business activity resulted in a determination  by  the
Nasdaq  Stock  Market in May 1998 to delist the Company's  common
stock  from the quotation system on the grounds that the  Company
is  not engaged in any active business operations.  (See Item  5.
Market for Common Equity and Related Stockholder matters.")

In  February 1998, the Company made a loan of $1,800,000 to  Casa
Solaz,  Inc.  ("CSI"),  a private Nevada  corporation,  which  is
engaged   in  the  business  of  manufacturing,  marketing,   and
installing  prefabricated housing units in  South  America.   The
loan bears interest at the rate of six percent per annum, and all
principal  and interest is due December 31, 1999.   The  loan  is
secured by all of the assets of CSI, including all of the capital
stock  of  its  Venezuelan subsidiaries conducting operations  in
South  America.   The loan is convertible at the  option  of  the
Company at any time prior to maturity into 450,000 shares of  the
Series A Convertible Preferred Stock of CSI.  In April 1998,  the
Company  made  an  additional  6%  loan  of  $2,200,000  to  CSI,
collateralized  in  the  same  way  as  the  first  loan.   As  a
negotiated element of the transaction, CSI granted to the Company
a  warrant  to  purchase 550,000 additional shares  of  Series  A
Convertible  Preferred  Stock at  a  price  of  $4.00  per  share
exercisable on or before December 31, 1998.  The warrant  expired
at  the  end  of  1998  without being exercised.   The  Series  A
Convertible Preferred Stock provides for a cumulative dividend at
the  rate  of 8% per annum and is convertible to common stock  of
CSI  at  the  rate  of  one  share of common  for  one  share  of
preferred.  The Company is hopeful this lending arrangement is  a
prelude  to  a  potential acquisition, but is unable  to  proceed
further  until  the stockholder litigation and other  issues  are
resolved  in  a  manner  acceptable to  CSI.   There  can  be  no
assurance  that  the Company would be successful in  consummating
any  acquisition on favorable terms or that it will  be  able  to
profitably manage any business it acquires.

History

The   Company  was  founded  in  1989  to  research  and  develop
environmental  technologies and products.  In 1992,  the  Company
focused  its  efforts on the development of an  adsorptive  based
technology for the separation of volatile organic compounds  from
air  streams  and began to manufacture, market and sell  products
known as PADRE air pollution control systems.

Beginning  in November 1993, the Company expanded its efforts  to
commercialize  the  PADRE technology, but encountered  mechanical
design  problems  resulting  in  significant  field  service  and
redesign   expenses.   A  market  perception   of   unreliability
developed which adversely affected sales.

In  October  1995, the Company licensed its PADRE  air  pollution
control  technology to Thermatrix Inc., a California  corporation
("Thermatrix").  In April 1996, the Company consummated the  sale
of  substantially all of its noncash assets, excluding inventory,
to  Thermatrix,  including  all of  its  interest  in  the  PADRE
technology.   In  consideration  for  such  assets,  the  Company
received  a  $300,000 cash payment and the right to royalties  in
the  amount  of  seven  percent  of  the  net  invoice  value  of
Thermatrix'  PADRE  equipment sales  until  the  earlier  of  (i)
October  2000, or (ii) the date on which the Company has received
an  aggregate  of $2,000,000 in royalty payments.   In  addition,
Thermatrix agreed to take possession of a substantial portion  of
the  Company's  inventory on consignment, and to  offer  warranty
services  to the Company as an independent contractor on  an  as-
requested  basis.   In  April  1997, the  Company  completed  its
obligations to the owner of the last remaining PADRE installation
covered  by a warranty agreement.  The Company believes  that  it
has  no further obligations under PADRE warranty agreements  that
were  not  assumed by Thermatrix.  Also in April 1997, Thermatrix
and  the  Company mutually terminated Thermatrix'  obligation  to
provide  warranty services to the Company and Thermatrix returned
to  the Company the inventory that it held on consignment.   Such
returned  inventory, which had been entirely written-off  by  the
Company in 1995, was liquidated in 1997.

                ITEM 2. DESCRIPTION OF PROPERTIES

In October 1998, the Company relocated its corporate headquarters
to  96  West  Second  Street, Morgan Hill, California  95037-4504
where it sub-leases approximately 300 square feet of office space
on a month-to-month basis.

                    ITEM 3. LEGAL PROCEEDINGS

In  July  1995, Aron Parnes, a stockholder of the Company,  filed
suit  against  the  Company and five of  its  current  or  former
employees, officers, and directors in the United States  District
Court  for  the  Northern  District of California.   The  lawsuit
alleges  violations of the federal securities laws, and  purports
to  seek  damages  on  behalf  of a  class  of  stockholders  who
purchased  the Company's common stock during the period  November
1993  through  March  1995. The parties to  the  litigation  have
engaged  in  formal discovery related to the claims and  defenses
raised  in  the  case.  The Company intends to  defend  the  suit
vigorously,  and  can  not  now  predict  the  outcome   of   the
litigation.

In  July  1995, eight former employees of the AT&T Multi Language
Center  filed  suit against the Company and AT&T in  Santa  Clara
County Superior Court.  The lawsuit alleges that plaintiffs  were
exposed  to an unspecified toxic substance while working  at  the
AT&T  facility,  previously located next door  to  the  Company's
former  San Jose, California facility.  A settlement was  reached
with  the  plaintiffs in February 1999 resulting in a payment  by
the  Company  of $28,000, and the Company has been released  from
all claims related to this matter.

The   Company  is  not  a  party  to  any  other  pending   legal
proceedings.

  ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

No matter was submitted to a vote of security holders in the
fourth quarter of 1998.

                             PART II

ITEM 5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Quotations  for the Company's common stock were reported  on  the
Nasdaq  SmallCap Market System under the symbol "PURS" until  May
8,  1998,  and  thereafter on the NASD OTC  Bulletin  Board   The
following table sets forth, for the respective periods indicated,
the  prices of the Company's Common Stock in the over-the-counter
market, as reported and summarized by the Nasdaq SmallCap  Market
System  and  the OTC Bulletin Board.  Such prices  are  based  on
inter-dealer  bid prices, without markup, markdown,  commissions,
or adjustments and may not represent actual transactions.

Calendar Quarter Ended              Low Bid ($)     High Bid ($)

March 31, 1997                         3.25            4.38
June 30, 1997                          2.13            3.25
September 30, 1997                     2.25            3.75
December 31, 1997                      2.00            3.75
                                                    
March 31, 1998                         2.50            3.94
June 30, 1998                          1.62            4.00
September 30, 1998                     1.62            2.00
December 31, 1998                      0.75            1.87

Since its inception, no dividends have been paid on the Company's
common  stock.  The Company intends to retain it capital and  any
earnings  for  future business activities, so it is not  expected
that  any dividends on the common stock will be declared and paid
in the foreseeable future.

At January 2, 1999, there were approximately 88 holders of record
of the Company's Common Stock.

    ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                            CONDITION
                   AND RESULTS OF OPERATIONS.

Results of Operations

Years Ended January 2, 1999, and December 27, 1997

The  Company had no revenue from continuing operations for fiscal
years 1998 and 1997.

General  and  administrative expenses from continuing  operations
for  fiscal  years  1998 and 1997 consisted of general  corporate
administration, legal and professional expenses,  accounting  and
auditing  costs,  public  company costs, directors  and  officers
insurance,  and similar items.  These expenses were $361,020  and
$1,305,195   for  1998  and  1997,  respectively.   General   and
administrative expenses in 1998 were less than in 1997  primarily
due to increases in the reserves for legal expenses in 1997.

The  Company  had no interest expense in 1998 or 1997.   Interest
income  for  fiscal  year  1997  resulted  exclusively  from  the
investment  of  the  Company's cash.   Interest  income  in  1998
resulted primarily from amounts accrued on the loans to CSI.   In
1998, a total of $183,000 in interest income was attributable  to
the CSI loans.  Interest income was $277,848 and $245,780 in 1998
and  1997, respectively.  Interest income in 1998 was higher than
in 1997 due to the higher yield attributable to the CSI loans.

As  a  result of the foregoing factors, the Company realized  net
loss  from continuing operations of $83,172 for 1998 as  compared
to a net loss of $1,059,415 for 1997.

Results of Discontinued Operations

Years Ended January 2, 1999, and December 27, 1997

Income  from  discontinued operations was $57,533 and  $1,090,104
for  1998  and  1997,  respectively.   Income  from  discontinued
operations  consists of royalty payments and inventory  purchases
by  Thermatrix, and revenues from customer services  provided  by
the  Company  on PADRE.  The Company expects that the  amount  of
such revenues will be insignificant in the future.

Net Income/Net Loss from Continuing and Discontinued Operations

As  a result of the foregoing factors, the Company's net loss  in
1998  was  $25,639 as compared to net income of $30,689 in  1997.
Net  income (loss) per share was $(0.03) and $0.05 for  1998  and
1997, respectively.

Liquidity and Capital Resources

At  January 2, 1999, the Company had a working capital deficit of
$452,252, compared to working capital of $3,759,635 at the end of
1997.   Working  capital consists of cash and  cash  equivalents,
reduced  by accounts payable and accrued liabilities.   Net  cash
used  in  operating activities was $374,310 in 1998 and  $553,689
for 1997.

The  reduction in working capital results from two loans made  to
CSI  in  February of 1998 in the amount of $1,800,000  ("February
Loan") and in April of 1998 in the amount of $2,200,000..  CSI is
a   private  Nevada  corporation  engaged  in  the  business   of
manufacturing,  marketing, and installing  prefabricated  housing
units in South America.  Both loans bear interest at the rate  of
6%  per annum, and all principal and interest is due December 31,
1999.   The  loans  are  secured by all of  the  assets  of  CSI,
including all of the capital stock of its Venezuelan subsidiaries
conducting  operations in South America.  The  February  Loan  is
convertible  at the option of the Company at any  time  prior  to
maturity   into  450,000  shares  of  the  Series  A  Convertible
Preferred  Stock  of  CSI.   As  a  negotiated  element  of   the
transaction,  CSI  granted to the Company a warrant  to  purchase
550,000 additional shares of Series A Convertible Preferred Stock
at  a  price of $4.00 per share exercisable on or before December
31,  1998.  The warrant expired at the end of 1998 without  being
exercised.  The Series A Convertible Preferred Stock provides for
a  cumulative  dividend  at the rate  of  8%  per  annum  and  is
convertible  to common stock of CSI at the rate of one  share  of
common for one share of preferred.

Management  is uncertain as to whether the Company has sufficient
cash and short-term investments to meet the anticipated needs  of
the  Company's continuing and discontinued operations through the
next  12 months because of uncertainties related to pending legal
actions  against  the Company.  The Company has no  assurance  of
significant  revenues  and is subject to contingent  liabilities,
including,  without limitation, any damages awarded and/or  costs
and expenses incurred by it in connection with pending litigation
against the Company, which could result in the depletion  of  its
capital.   Judgments  or  settlements  against  the  Company   in
connection  with  such  litigation  could  exceed  the  Company's
insurance  coverage and require the Company to  use  its  limited
capital  resources  in satisfaction thereof.   In  addition,  the
Company  may  require  outside advisors to assist  management  in
seeking  and  evaluating potential acquisitions, in  consummating
such  transactions and/or in managing the resulting  enterprises.
In  the  event that the Company has not reserved sufficient  cash
for   costs  and  expenses  relating  to  pending  or  threatened
litigation  or the acquisition of a particular business,  product
or  technology,  the  Company may require  additional  financing.
There  can be no assurance that such financing would be available
to the Company on acceptable terms or at all.

                  ITEM 7. FINANCIAL STATEMENTS

     The financial statements of the Company appear at the end of
this report beginning with the Index to Financial Statements on
page F-1.

    ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
              ACCOUNTING AND FINANCIAL DISCLOSURE.

None

                            PART III

  ITEM 9.  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL

                            PERSONS;

       COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT.

Directors and Officers

The following table sets forth the names, ages, and positions
with the Company for each of the directors and officers of the
Company.

Name               Age   Positions (1)                   Since

Peter Friedli      45    Chief  Executive  Officer  and   1998
                         Director
                         
Jorg Bader         46    Director                         1997
                         
Reinhard           52    Director                         1996
Siegrist                                                    


(1)   All  executive officers are elected by the Board  and  hold
office  until the next annual meeting of stockholders  and  until
their successors are elected and qualified.

The  following is information on the business experience of  each
director and officer.

Peter  Friedli  has  been  a  principal  since  1986  of  Friedli
Corporate  Finance Inc., an investment bank and  consulting  firm
based in Zurich, Switzerland.  He has over a decade of experience
as an independent investment manager in corporate finance and has
successfully managed various venture investment companies in  the
United States.

Jorg  Bader has served since 1983 as the president and  principal
of Maliga, LTI, a financial firm located in Biel, Switzerland.

Reinhard  Siegrist has been an independent investor  since  1989.
From  1981  to 1989 he served as financial analyst, fund  manager
and  head  of asset management for at a branch of Credit  Suisse.
Mr.   Siegrist   holds  a  Federal  Diploma  of   Accounting   of
Switzerland.

Section 16(a) Filing Compliance

Section  16(a)  of the Securities Exchange Act of  1934  requires
officers  and Directors of the Company and persons who  own  more
than  ten  percent of a registered class of the Company's  equity
securities  to  file reports of ownership and  changes  in  their
ownership  on Forms 3, 4, and 5 with the Securities and  Exchange
Commission,  and forward copies of such filings to  the  Company.
The  Company  is  not  aware  of  any  directors,  officers,  and
beneficial  owners  of  more  than  ten  percent  of  the  equity
securities  of the Company who failed to file on a  timely  basis
all  required Forms 3, 4, and 5 and any amendments thereto during
1998.

                ITEM 10.  EXECUTIVE COMPENSATION

Compensation

Five  months prior to the appointment in January 1998,  of  Peter
Friedli as an executive officer and director, the Company entered
into  a consulting agreement with Friedli Corporate Finance  Inc.
("FCF"), a private consulting company owned by Mr. Friedli, under
which  the  Company  pays a consulting fee of $4,000  per  month,
reimburses FCF for expenses up to $6,000 per year, and issued  to
FCF  a  warrant to purchase 20,000 shares of common stock  on  or
before  December  31, 2000, at an exercise  price  of  $4.00  per
share.  At the time of the transaction, an affiliate of FCF was a
five percent stockholder of the Company.

The Company does not pay any other compensation to its executive
officers.

Warrants

In consideration of the commitment of time and resources required
of  Mr. Friedli in his new positions as an executive officer  and
director, the Company approved in February 1998, the issuance  to
FCF  of  warrants  to purchase 250,000 shares  of  the  Company's
common stock on or before November 30, 1999 at an exercise  price
of $4.00 per share, which was subsequently repriced in July 1998,
to $2.00 per share.  No other options or warrants were granted to
executive officers.  The following table summarizes the terms  of
the warrant granted to FCF.

                                % of Total                  
                   Number of   Options/SARs                  
                   Securities   Granted to   Exercise       
Name         and   Underlying    Employees      or      Expiration
Principal           Options         in      Base Price     Date
Position            Granted       Fiscal      ($/Sh)
                                   Year

Peter Friedli       250,000         100        2.00     11/30/99
 Chief Executive
 Officer

The  following table sets forth certain information with  respect
to  unexercised warrants held by Peter Friedli through FCF as  of
January  2,  1999.   No  outstanding  options  or  warrants  were
exercised in 1998.

                  Number of Securities     Value of Unexercised
Name         and Underlying Unexercised    In-the-Money Options
Principal                Options             at FY End ($) (1)
Position              at FY End (#)

                      Exercisable/             Exercisable/
                      Unexercisable            Unexercisable
                            
Peter Friedli         270,000/ -0-               -0-/ -0-
 Chief Executive
 Officer

(1)   This  value  is determined on the basis of  the  difference
between  the  fair market value of the securities underlying  the
options and the exercise price at fiscal year end.

  ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
                           MANAGEMENT

The  following table sets forth as of March 29, 1999, the  number
and  percentage of the outstanding shares of common stock  which,
according  to  the  information supplied  to  the  Company,  were
beneficially owned by (i) each person who is currently a director
of  the  Company, (ii) each executive officer, (iii) all  current
directors  and executive officers of the Company as a  group  and
(iv)  each  person who, to the knowledge of the Company,  is  the
beneficial owner of more than 5% of the outstanding common stock.
Except  as  otherwise indicated, the persons named in  the  table
have sole voting and dispositive power with respect to all shares
beneficially  owned,  subject to community  property  laws  where
applicable.

                                            Common    Percent of
                                            Shares     Class(1)
Name                                                       

Peter Friedli (2)                           300,555      32.1

Jorg Bader                                 2,000 (3)      0.3

Reinhard Siegrist                          3,000 (3)      0.4

All directors and officers as a group       305,555      32.5
 (3 persons)

(1)  Percentage  of beneficial ownership is calculated  based  on
     666,193  shares  of Common Stock outstanding  on  March  29,
     1999,  and Common Stock which such individual or entity  has
     the  right to acquire beneficial ownership within  60  days,
     including  but  not limited to the exercise of  options  and
     warrants.    These  figures  represent  the  percentage   of
     ownership  of  the named individuals assuming each  of  them
     alone  has  exercised his or her options  or  warrants,  and
     percentage  ownership of all officers  and  directors  of  a
     group  assuming  all  such  purchase  rights  held  by  such
     individuals are exercised.

(2)  The business address of Mr. Friedli is c/o Friedli Corporate
     Finance  Inc.,  Freigutstrasse 5, 8002 Zurich,  Switzerland.
     This figure includes 270,000 shares of Common Stock issuable
     to Friedli Corporate Finance Inc., of which Peter Friedli is
     a  principal,  upon  exercise of warrants  with  a  weighted
     average  exercise price of $2.15 per share.   Peter  Friedli
     and Joyce Limited share beneficial ownership with respect to
     20,555  shares,  which  is included  in  this  figure.   The
     Company  believes that holders of securities of the  Company
     held  beneficially  by persons advised by Friedli  Corporate
     Finance Inc., represent approximately 60% of the outstanding
     Common  Stock of the Company.  Holders of securities advised
     by  Friedli Corporate Finance Inc., are likely to  vote  the
     same  way on issues presented to them.  Consequently, it  is
     likely  that  such stockholders will be able to control  all
     decisions requiring the vote of stockholders.

(3)  Represents  shares  subject  to  stock  options,  which  are
     presently exercisable.

    ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

There are no proposed transactions and no transactions during the
past two years to which the Company was a party and in which  any
officer,  director, or principal stockholder, or their affiliates
or associates, was also a party.

                            ITEM 13.
                EXHIBITS AND REPORTS ON FORM 8-K

Exhibits.

Copies  of  the following documents are included as  exhibits  to
this report pursuant to Item 601 of Regulation S-B.

Exhibit    SEC    Title of Document                     Location
 No.       Ref.                                             
           No.
   
  1      (3)(i)  Certificate  of  Incorporation,   as    (1)
                 amended                                   
                 
  2     (3)(ii)  By-Laws                                 (2)
                                                           
  3       (10)   6% Convertible Promissory Note          (3)
                 dated February 17, 1998
                 
  4       (10)   Security Agreement dated February       (3)
                 17, 1998
                 
  5       (10)   Stock Pledge Agreement of CSI dated     (3)
                 February 17, 1998
                 
  6       (10)   Stock Pledge Agreement of               (3)
                 Subsidiary dated February 17, 1998
                 
  7       (10)   Warrant for CSI Preferred Stock         (3)
                 dated February 17, 1998
                 
  8       (10)   6 % Convertible Promissory Note         (4)
                 dated April 17, 1998
                 
  9       (27)   Financial Data Schedules                This
                                                        Filing
                                                       Page E-1

(1)   Incorporated  by  reference  to  exhibit  no.  3.1  to  the
Company's  Registration  Statement (no.  33-68946)  which  became
effective November 8, 1993, and exhibit 3.3 to the Company's Form
10-Q for the quarterly period ending April 1, 1995.

(2)   Incorporated  by  reference  to  exhibit  no.  3.2  to  the
Company's Form 10-K for the fiscal year ended December 31, 1994.

(3)   Incorporated by reference to exhibit no.'s 1 through  5  to
the Company's Current Report on Form 8-K dated February 17, 1998.

(4)   Incorporated by reference to exhibit no. 2 to the Company's
Current Report on Form 8-K dated April 16, 1998.

FORM 8-K FILINGS

No reports on Form 8-K were filed in the last calendar quarter of
1998.

                           SIGNATURES

      In accordance with Section 13 or 15(d) of the Exchange Act,
the  registrant caused this report to be signed on its behalf  by
the undersigned thereunto duly authorized.

                                   PURUS, INC.

Date:  March 23, 1999        By:  /s/  Peter Friedli, Chief Executive Officer

      In  accordance with the Exchange Act, this report has  been
signed  by the following persons on behalf of the registrant  and
in the capacities and on the dates indicated.


Dated: March 23, 1999            /s/ Peter Friedli
                                 Principal Executive, Financial and 
                                 Accounting Officer, Director
                                 
                                 
Dated: March 23, 1999            /s/ Jorg Bader, Director
                                 
                                 
Dated: March 23, 1999            /s/ Reinhard Siegrist, Director
                                 





                  INDEX TO FINANCIAL STATEMENTS

                                                            Page

Report Of Independent Certified Public Accountants          F-2

FINANCIAL STATEMENTS

     Balance Sheet                                          F-3
     
     Statements of Operations                               F-4
     
     Statement of Shareholders' Equity                      F-5
     
     Statements of Cash Flows                               F-6
     
     Notes to Financial Statements                          F-7






       Report of Independent Certified Public Accountants







The Board of Directors
Purus, Inc.

We  have  audited the accompanying balance sheet of  Purus,  Inc.
(the   "Company"),  as  of  January  2,  1999,  and  the  related
statements  of operations, shareholders' equity, and  cash  flows
for  each  of  the two fiscal years then ended.  These  financial
statements  are  the responsibility of the Company's  management.
Our  responsibility is to express an opinion on  these  financial
statements based on our audits.

We  conducted  our  audits in accordance with generally  accepted
auditing  standards.  Those standards require that  we  plan  and
perform  the  audit to obtain reasonable assurance about  whether
the  financial statements are free of material misstatement.   An
audit  includes  examining, on a test basis, evidence  supporting
the  amounts  and  disclosures in the financial  statements.   An
audit also includes assessing the accounting principles used  and
significant  estimates made by management, as well as  evaluating
the  overall  financial statement presentation.  We believe  that
our audits provide a reasonable basis for our opinion.

In  our  opinion,  the  financial statements  referred  to  above
present  fairly, in all material respects, the financial position
of  the  Company  as of January 2, 1999, and the results  of  its
operations  and its cash flows for each of the two  fiscal  years
then  ended,  in  conformity with generally  accepted  accounting
principles.


Grant Thornton LLP


San Jose, California
April 1, 1999

                           Purus, Inc.
                                
                          BALANCE SHEET
                                
                         January 2, 1999



                             ASSETS

Current assets:
 Cash and cash equivalents                                $303,268
 Other current assets                                      158,995

          Total current assets                             462,263

Notes receivable and accrued interest                    4,183,000

Other assets                                                13,993

                                                        $4,659,256

              LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:
 Accounts payable and accrued expenses                    $914,515

Shareholders' equity:
 Preferred stock; $.001 par value, 5,000,000 shares 
  authorized;
   none outstanding                                             -
 Common stock; $.01 par value, 5,000,000 shares 
  authorized;
   666,193 issued and outstanding                           6,662
 Additional paid in capital                            45,126,395
 Accumulated deficit                                  (41,388,316)

          Total shareholders' equity                    3,744,741

                                                       $4,659,256



The accompanying notes are an integral part of this statement.

                           Purus, Inc.
                                
                    STATEMENTS OF OPERATIONS
                                
                        Fiscal year ended
                                
                                
                                      
                                                         1998          1997

Income (expense) from continuing operations:
 General and administrative expenses                $(361,020)  $ (1,305,195)
 Interest income                                      277,848        245,780

      Loss from continuing operations                 (83,172)    (1,059,415)

Income from discontinued operations                    57,533      1,090,104

        Net income (loss)                            $(25,639)      $ 30,689

Income (loss) per share from:
 Continuing operations:
  Basic                                              $  (0.12)        $(1.59)
  Diluted                                               (0.12)         (1.59)
 Discontinued operations;
  Basic                                              $   0.09          $1.64
  Diluted                                                0.09           1.64

Net income (loss) per share:
 Basic                                               $  (0.03)         $0.05
 Diluted                                                (0.03)          0.05

Weighted average shares outstanding                   666,193        666,193


The accompanying notes are an integral part of this statement.

                           Purus, Inc.
                                
                STATEMENT OF SHAREHOLDERS' EQUITY
                                
             Two fiscal years ended January 2, 1999
                                
                                
                                
                                            Additional
                            Common Stock     Paid-in    Accumulated
                          Shares   Amount    Capital      Deficit     Total

Balances, beginning 
  of fiscal year        666,193  $ 6,662  $45,126,395 $(41,393,366) $3,739,691

 Net income for fiscal 
  year                        -        -            -       30,689      30,689

Balances, end of 
  fiscal year           666,193    6,662   45,126,395  (41,362,677)  3,770,380

 Net loss for fiscal 
  year                        -        -            -      (25,639)    (25,639)

Balances, end of fiscal 
  year                  666,193  $ 6,662 $ 45,126,395  (41,388,316) $3,744,741
                                
                                

The accompanying notes are an integral part of this statement.

                           Purus, Inc.
                                
                    STATEMENTS OF CASH FLOWS
                                
                        Fiscal year ended
                                
                                
                                                         1998          1997
Cash flows from operating activities:
 Net income (loss)                                   $(25,639)     $ 30,689
 Adjustments to reconcile net income (loss) to 
  net cash used in operating activities:
    Depreciation and amortization                         650           652
    Settlement of net liabilities of discontinued 
     operations                                             -      (915,386)
    Accrual for litigation                                  -       542,139
    Interest on notes receivable                     (183,000)            -
    Changes in operating assets and liabilities:
      Other current assets                             16,879       (76,535)
      Accounts payable and accrued expenses          (183,200)      (61,671)
      Net liabilities of discontinued operations            -       (73,577)
        Net cash used in operating activities        (374,310)     (553,689)

Cash flows from investing activities:
 Issuance of note receivable                       (4,000,000)            -
 Purchase of property and equipment                    (3,897)            -
 Purchases of short-term investments                        -    (4,508,594)
 Proceeds from sale of short-term investments       4,508,594     4,740,963
        Net cash provided by investing activities     504,697       232,369


        Net increase (decrease) in cash and cash 
          equivalents                                 130,387      (321,320)

Cash and cash equivalents, beginning of fiscal year   172,881       494,201

Cash and cash equivalents, end of fiscal year        $303,268     $ 172,881


Accompanying notes are an integral part of this statement.

                           Purus, Inc.
                                
                  NOTES TO FINANCIAL STATEMENTS
                                


NOTE  A  -  SUMMARY  OF  THE  COMPANY AND SIGNIFICANT  ACCOUNTING
 POLICIES

 Purus,   Inc.  ("Purus"  or  the  "Company")  discontinued   its
 environmental    technology   business   in    November    1995.
 Consequently,  thereafter  the Company's  continuing  operations
 consist  principally  of management of the Company's  short-term
 investments,  administration  of  general  corporate  and  legal
 matters,   and   investigation  of  potential  acquisitions   of
 businesses,  products or technologies that may  or  may  not  be
 related to the environmental market.

 1. Use of Estimates
 
  The  preparation  of  financial statements in  conformity  with
   generally  accepted accounting principles requires  management
   to  make  estimates and assumptions that affect  the  reported
   amounts   of   assets  and  liabilities  and   disclosure   of
   contingent  assets  and  liabilities  at  the  date   of   the
   financial statements and the reported amounts of revenues  and
   expenses  during the reporting period.  Actual  results  could
   differ from those estimates.
 
 2. Cash Equivalents
 
  For  purposes  of  the accompanying statements of  cash  flows,
   the  Company considers all highly liquid investments purchased
   with  an original maturity of three months or less to be  cash
   equivalents.
 
 3. Short-Term Investments
 
  Short-term  investments consisted of debt securities issued  by
   the  U.S. Treasury with maturity dates of less than two years.
   These  investments  were  classified  as  available  for  sale
   securities  and  were  valued  at market,  which  approximated
   cost.   Realized  and unrealized losses and gains  within  the
   Company's  short-term  investments  were  not  material.   All
   short-term investments were redeemed in fiscal 1998.
 
 4. Income Taxes
 
  The  Company  accounts  for income taxes  using  an  asset  and
   liability  approach  for  financial accounting  and  reporting
   purposes.
 
 5. Fair Value of Financial Instruments
 
  Fair  value estimates, methods, and assumptions for certain on-
   and  off-balance  sheet financial instruments  are  set  forth
   below for the Company's financial statements.
 
   i)  The  carrying amounts of cash, cash equivalents,  interest
     receivable,   accounts  payable  and   accrued   liabilities
     approximate fair values due to the short maturity  of  those
     instruments.
   
   ii)The  fair  value  of notes receivable and accrued  interest
     thereon  cannot be determined as there are no quoted  market
     prices  for the notes and the cost of determining  the  fair
     value would be excessive.
 
                           Purus, Inc.
                                
            NOTES TO FINANCIAL STATEMENTS (continued)


NOTE  A  -  SUMMARY  OF  THE  COMPANY AND SIGNIFICANT  ACCOUNTING
 POLICIES (continued)

 6. Earnings (Loss) Per Share
 
  Basic   earnings  (loss)  per  share  is  computed  using   the
   weighted  average  number of common shares outstanding  during
   the  period.   Diluted earnings (loss) per share  is  computed
   using  the  weighted  average  number  of  common  and  common
   equivalent  shares  outstanding  during  the  period.   Common
   equivalent  shares  consist of the incremental  common  shares
   issuable upon conversion of convertible securities (using  the
   if-converted method) and shares issuable upon the exercise  of
   stock  options and warrants (using the treasury stock method).
   Common equivalent shares are excluded from the computation  if
   their effect is anti-dilutive.
 
 7. Fiscal Year
 
  The  Company  uses a reporting calendar in which  quarters  end
   on  the  Saturday closest to March 31, June 30, September  30,
   and December 31.
 
 8. Stock-Based Compensation

  The  Company  has  elected  to  use the  intrinsic  value-based
   method  of  APB  Opinion  No. 25 to account  for  all  of  its
   employee  stock-based  compensation  plans.   Accordingly,  no
   compensation  cost  has been recognized  in  the  accompanying
   consolidated  financial statements for the stock option  plans
   because  the exercise price of each option granted  equals  or
   exceeds  the fair value of the underlying common stock  as  of
   the  grant date for each option.  The Company has adopted  the
   pro forma disclosure provisions of SFAS No. 123.


NOTE B - DISCONTINUED OPERATIONS

 During   the   fourth  quarter  of  1995,   when   the   Company
 discontinued  its  operations, it included  provisions  for  the
 write-down  of  inventory and fixed assets,  for  the  costs  of
 employee termination, for anticipated warranty expenditures  and
 for   the   estimated  operating  losses  of  the   discontinued
 operations.   The  Company has settled  all  outstanding  claims
 related  to the discontinued operations and continues to collect
 royalty revenues related to the discontinued operations.

 A   summary  of  the  results  of  the  discontinued  operations
 follows:

                                            1998      1997
     
     Revenue                             $ 33,875    $174,720
     Reversal of warranty provision        23,658     915,384
     
     Income from discontinued operations $ 57,533  $1,090,104


                           Purus, Inc.
                                
            NOTES TO FINANCIAL STATEMENTS (continued)


NOTE C - SHAREHOLDERS' EQUITY

 The  Company  has  reserved 100,000 shares of common  stock  for
 issuance  under  its 1993 Stock Option Plan (the  "1993  Plan"),
 which  succeeded  the  Company's 1990 Stock  Option  Plan.   The
 Company's  Board  of Directors administers  the  1993  Plan  and
 determines  the  terms  of the options granted  under  the  1993
 Plan, including the exercise price, number of shares subject  to
 each  option and exercisability thereof.  The exercise price  of
 incentive options granted under the 1993 Plan must be  at  least
 equal to the fair market value of such shares on the grant  date
 and  the  exercise price of nonqualified stock  options  granted
 under  the 1993 Plan must be at least equal to 85% of  the  fair
 market  value of such shares on the date of the grant.   Options
 granted  under  the  1993 Plan usually become  exercisable  over
 four  years and have a five-year term.  The maximum term of each
 option  is  10  years.  As of December 31, 1998, 100,000  shares
 remain available for grant under the 1993 Plan.

 The  Company's 1995 Non-Employee Director Stock Option Plan (the
 "1995  Director  Plan") was adopted by the  Company's  Board  of
 Directors  and  approved by the Company's  shareholders  as  the
 successor  to  the  Company's 1993 Non-Employee  Director  Stock
 Option  Plan.  The 1995 Director Plan provides for the  granting
 of  stock options to non employee directors of the Company.  The
 Board  of Directors and the shareholders have authorized a total
 of  20,000  shares of common stock for issuance under  the  1995
 Director  Plan.   The  Company's Board of Directors  administers
 the  1995 Director Plan.  As of December 31, 1998, 15,000 shares
 remain available for grant under the 1995 Director Plan.

 In  1998,  the  Company granted Friedli Corporate Finance,  Inc.
 ("FCF"),   through   Mr.  Peter  Friedli  ("Friedli"),   250,000
 warrants  exercisable  at $4 to purchase  the  Company's  common
 stock.   FCF  is a principal shareholder in the Company  and  is
 controlled by Friedli who serves as the current Chief  Executive
 Officer  of  the Company.  The exercise price of these  warrants
 was  subsequently reduced to $2.   The warrants are  vested  and
 expire  in  November 1999.  Friedli also holds  20,000  warrants
 exercisable  at  $4 to purchase shares of the  Company's  common
 stock.   These warrants were issued prior to 1997 and expire  in
 2000.

 A  summary  of  the  status of the Company's stock  options  and
 warrants  as  of  January 2, 1999, and December  27,  1997,  and
 changes during the fiscal years ended on those dates along  with
 the   pro  forma  effects  of  the  options  and  warrants,   as
 determined under SFAS No. 123, on income and loss per  share  is
 presented below:

                                                1998               1997
                                                  Weighted            Weighted
                                         Number    Average    Number   Average
                                           of      Exercise     of    Exercise
                                         Shares     Price     Shares    Price
                                                
Outstanding at beginning of year         28,000     $3.81     22,500    $4.06
                                                
  Granted                               252,000      2.00      7,000     3.16
  Exercised                                   -         -          -        -
  Forfeited                              (5,000)     3.16     (1,500)    7.60
                                                
Outstanding at year end                 275,000     $2.16     28,000    $3.81
                                                
Exercisable at year end                 275,000     $2.16     25,500    $3.97
                                                
Weighted average fair value of 
  options and warrants granted                      $1.38               $1.50


                           Purus, Inc.
                                
            NOTES TO FINANCIAL STATEMENTS (continued)


NOTE C - SHAREHOLDERS' EQUITY (continued)

                                        December 31,  December 27,
                                            1998        1997
     Loss from continuing operations
      As reported                       $ (83,172)   $(1,059,415)
      Pro forma                          (431,252)    (1,065,680)
     
     Net income (loss)
      As reported                       $ (25,639)   $    30,689
      Pro forma                          (373,719)        24,424
     
     Basis and diluted loss per share from
      continuing operations
       As reported                      $   (0.12)   $     (1.59)
       Pro forma                            (0.65)         (1.60)
     
     Basic and diluted net income per share
      As reported                       $   (0.03)   $      0.05
      Pro forma                             (0.56)          0.04

 As  required  by SFAS No. 123, the fair value of each  grant  is
 estimated  on the date of grant using the Black-Scholes  pricing
 model  with  the  following  weighted  average  assumptions:  no
 expected dividends, an expected life of 1.5 years in 1998 and  3
 years in 1997, volatility of 100% in 1998 and 50% in 1997 and  a
 risk free rate of return of 5.5%.

 The  following table summarizes information about stock  options
 and warrants outstanding at January 2, 1999:

                                     Weighted     
                                     Average    Weighted
    Range of         Outstanding    Remaining    Average   
    Exercise            and        Contractual   Exercise
     Prices          exercisable   Life (Years)   Price
                              
     $2.00               252,000        0.9       $2.00
  $3.81 - $4.00           23,000        2.2       $3.98
                                 
  $2.00 - $4.00          275,000        1.0       $2.16


                           Purus, Inc.
                                
            NOTES TO FINANCIAL STATEMENTS (continued)


NOTE D - INCOME TAXES

 The  provision for income taxes differs from the amount computed
 by  applying  the  federal statutory rate  of  34%  due  to  the
 Company's  inability  to  utilize its  currently  generated  net
 operating losses.

 The  tax  effect  of  temporary differences that  give  rise  to
 significant  portions of the deferred tax amounts are  presented
 as follows at December 31, 1998:

     Net operating loss carryforward               $12,600,000
     Litigation and legal accruals                     322,000
     Research credit carryforward                      650,000
       Gross deferred tax asset                     13,572,000
     Less valuation allowance                      (13,572,000)
     
       Net deferred tax asset                     $          -

 As  of  January 2, 1999, the Company had available net operating
 loss  carryforwards  approximating $33,400,000  and  $10,500,000
 for  federal  and  California tax purposes,  respectively  which
 expire  beginning in 2004 and 1999, respectively.   The  Company
 also   has   research  credit  carryforwards  of   approximately
 $460,000  and $190,000 for federal and California tax  purposes.
 The  federal and California net operating losses can be  carried
 forward  to  reduce income taxes on future earnings  subject  to
 the limitations discussed below.

 Sections  382 and 383 of the Internal Revenue Code  provide  for
 annual limitations on the utilization of net operating loss  and
 credit  carryforwards following an ownership change as  defined.
 Further,   if  the  Company  failed  to  continue  its  business
 enterprise  for  a  period of two years following  an  ownership
 change,   the   net  operating  loss  carryforwards   could   be
 forfeited.   As the Company has not determined if  an  ownership
 change has occurred, the net operating loss carryforwards  maybe
 subject to such limitation.


NOTE E - COMMITMENTS AND CONTINGENCIES

 In  July 1995, Aron Parnes, a stockholder of the Company,  filed
 suit  against  the  Company and five of its  current  or  former
 employees,   officers,  and  directors  in  the  United   States
 District  Court  for the Northern District of  California.   The
 lawsuit  alleges violations of the federal securities laws,  and
 purports  to  seek damages on behalf of a class of  stockholders
 who  purchased  the  Company's common stock  during  the  period
 November   1993  through  March  1995.   The  parties   to   the
 litigation  have  engaged  in  formal  discovery.   The  Company
 cannot  predict  the  outcome  of the  litigation.   Aside  from
 certain  provisions for legal expenses, the financial statements
 do not contain any provisions for settlement of this suit.

                           Purus, Inc.
                                
            NOTES TO FINANCIAL STATEMENTS (continued)


NOTE E - COMMITMENTS AND CONTINGENCIES (continued)

 In  July 1995, eight former employees of the AT&T Multi Language
 Center  filed suit against the Company and AT&T in  Santa  Clara
 County  Superior  Court.   The lawsuit alleges  that  plaintiffs
 were exposed to an unspecified toxic substance while working  at
 the   AT&T  facility,  previously  located  next  door  to   the
 Company's  former San Jose, California facility.   A  settlement
 agreement was reached in February 1999 to settle this claim  for
 $28,000.

 Although  the  Company was engaged in research  and  development
 and  manufacturing  operations that generated  only  very  small
 volumes  of  waste, it, like its customers, may  be  potentially
 subject  to  environmental  liabilities  with  respect  to   the
 investigation or cleanup of hazardous waste sites.  The  Company
 currently   maintains   no  specific  environmental   impairment
 liability  insurance.  Although the Company  believes  that  the
 risk  is  minimal  that it would ever be found  by  a  court  or
 regulatory agency to be liable for the investigation or  cleanup
 of  a  hazardous waste site, the costs associated  with  such  a
 finding could be substantial.


NOTE F - RELATED PARTY TRANSACTIONS

 The  Company  retained the accounting firm  of  Burr,  Pilger  &
 Mayer  ("BPM")  for  financial,  accounting  and  administrative
 services,  of  which  Stephen  D. Mayer,  the  Company's  former
 Treasurer and Principal Financial and Accounting Officer,  is  a
 managing  partner.  For the services provided to the Company  in
 1997, BPM was paid $65,000.

 In  September  1997,  the  Company  entered  into  a  consulting
 agreement  with FCF to provide general business,  financial  and
 investment   advice   and  serve  as  a  liaison   between   FCF
 clients/investors and the Company.  FCF is paid  a  monthly  fee
 of  $4,000  plus annual expenses of up to $6,000 per year.   The
 agreement  terminates December 31, 2000.  In 1997,  the  Company
 paid  Friedli  an  additional  $149,000  for  reimbursement   of
 expenses and consulting services rendered.

 In   1997,  the  Company  made  payments  to  its  former  Chief
 Executive  Officer  in  the  amount  of  $134,000  as  severance
 payments pursuant to a November 1996 agreement.

 The  Company pays consulting and management fees of  $6,000  per
 month,  plus reimbursed expenses, to Mr. Don Winstead, a  former
 officer and director of the Company.


                           Purus, Inc.
                                
            NOTES TO FINANCIAL STATEMENTS (continued)


NOTE G - NOTE RECEIVABLE

 The  Company has loaned $4,000,000 to Casa Solaz, Inc. (a Nevada
 corporation, "CSI").  CSI manufactures prefabricated housing  in
 South  America.   The proceeds of the loan  have  been  used  to
 construct  manufacturing facilities in Venezuela.  The principal
 and  any  unpaid interest (at 6%) is due on December  31,  1999;
 however,  because  of the development stage  nature  of  CSI  as
 described   below,   the  Company  has  classified   the   notes
 receivable as long-term.  The loan is collateralized by  all  of
 the  assets of CSI, including the stock of the CSI subsidiaries.
 Loan  principal in the amount of $1,800,000 is convertible  into
 450,000  shares  of  8% preferred stock of CSI.   In  connection
 with  the  issuance of the notes, the Company received  warrants
 to  purchase  shares of 8% preferred stock of CSI at  $4.00  per
 share,  which  expired  in December  1998.   Each  share  of  8%
 preferred  stock is convertible into one share of  common  stock
 of CSI.

 CSI  is  currently a development stage enterprise  as  principal
 revenue  producing  activities have not  begun.   Operations  to
 December  31, 1998, have consisted of constructing manufacturing
 facilities,  designing  products to be sold,  and  developing  a
 sales  organization.   Condensed financial  information  of  CSI
 follows:

                                         December 31,
                                             1998

      Cash                                   $222,665
      Other current assets                    687,263
                                              909,928

      Property and equipment                4,579,437

                                           $5,489,365

      Current liabilities                     193,475
      Notes to Purus, including interest    4,183,000
      Other notes payable                     585,000
                                            4,961,475

      Equity                                  527,890

                                           $5,489,365


                                          Year ended
                                         December 31,
                                            1998

      Revenues and interest income         $152,426
      Expenses                           (1,498,631)

        Net loss                        $(1,346,205)