v2.4.0.8

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended		6 Months Ended		60 Months Ended
Condensed Consolidated Statements of Operations (USD $)	Jul. 31, 2013	Jul. 31, 2012	Jul. 31, 2013	Jul. 31, 2012	Jul. 31, 2013
REVENUE
Revenue	$ 3,097		$ 25,497		$ 25,943
Cost of Goods Sold	(1,717)		(4,082)		(4,082)
GROSS PROFIT	1,380		21,415		21,861
EXPENSES
General and administrative expenses	160,446	18,881	211,418	23,754	369,286
Advertising and marketing expenses	18,363		115,979		266,667
Management fees	16,000		24,000		47,000
Depreciation					965
TOTAL EXPENSES	194,809	18,881	351,397	23,754	683,918
Loss from operations	(193,429)	(18,881)	(329,982)	(23,754)	(662,057)
OTHER INCOME (EXPENSE)
Gain on forgiveness of debt		9,000		9,000	21,514
Interest expense	(13,912)		(27,369)		(37,754)
Loss on disposal of equipment					(8,935)
TOTAL OTHER INCOME (EXPENSE)	(13,912)	9,000	(27,369)	9,000	(25,175)
NET INCOME (LOSS)	$ (207,341)	$ (9,881)	$ (357,351)	$ (14,754)	$ (687,232)
BASIC AND DILUTED LOSS PER COMMON SHARE	$ 0.00	$ 0.00	$ 0.00	$ 0.00
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED	121,320,000	121,320,000	121,320,000	121,320,000

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Avalon Holding Group, Inc. 10-Q