Long Bow Group Inc.

“Expenses office exp. 375 information tech. 1,620 travel 13,335 insurance 1,522 postage 408 film production and suppl 7,460 supplies 111 non-investment depreciation 3,370 total 28,201”

“Grants receivable 50,000 50,000 accounts receivable 5,988 5,119 inventories for sale or use 4,177 4,177 machinery and equipment 70,370 70,370 less accumulated depreciation 63,290 66,660 security deposit 2,925 2,925 total 70,170 65,931”

“Accounts payable and accrued expenses 23 324 customer deposits 2,194 2,194 loans from officers 3,083 5,242”

“Long bow group, inc. Is a non-profit organization which produces educational media, primarily about china, in the form of documentary films, videos, dvds and websites for use in universities and high schools and on public television.”

“Film sales: distribution income for long bow group's previously produced films consisted of domestic and foreign sales for "morning sun" (55%), "gate of heavenly peace" (20%) and the "one village in china" series of four films (%25%). Sales revenues from domestic educational institutions was received through long bow group's distributors, center for asian american media and k kilne & co in new york. Foreign educational and television revenue was received through jane balfour services limited.”