v2.4.0.6

Strike Axe, Inc. Consolidated Balance Sheet As of February 29, 2012 (USD $)	Feb. 29, 2012
Current assets:
Cash	$ 34,963
Inventory	15,813
Total current assets	50,776
Other assets:
Fixed assets (net)	29,684
Total assets	80,460
Current liabilities:
Accounts payable	35,480
Other current liabilities	2,500
Loans from Stockholders	100
Total current liabilities	38,080
Total liabilities	38,080
Stockholders' equity:
Preferred Stock, $.0001 par; 10,000,000 authorized, no shares issued & outstanding	0
Common stock, $0.0001 par;100,000,000 authorized, 26,432,511 issued & outstanding	2,643
Additional paid-in capital	322,293
Stock subscriptions receivable	(2,933)
Accumulated deficit	(279,623)
Total stockholders' equity	42,380
Total liabilities and stockholders' equity	$ 80,460

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. For classified balance sheets, used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer); for unclassified balance sheets, used to reflect the total liabilities (regardless of due date).

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Strike Axe, Inc 10-K