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CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
Jun. 26, 2011
Dec. 26, 2010
Cash - unrestricted $ 174,962 $ 9,918
Inventory 102,656 76,802
Prepaid expenses 30,303 103,451
Total Current Assets 307,921 190,171
Property and Equipment, net 6,388,807 6,487,391
Intangible assets, net 3,030 3,924
Deposits 8,500 8,500
Total Other Assets 11,530 12,424
TOTAL ASSETS 6,708,258 6,689,986
Accounts payable 149,980 95,448
Accrued expenses 98,334 71,114
Notes payable - lines of credit 385,262 365,262
Current maturities of long - term debt 222,560 265,251
Total Current Liabilities 856,136 797,075
Long - term obligations 3,569,207 3,677,157
TOTAL LIABILITIES 4,425,343 4,474,232
Common stock; 300,000,000 shares authorized, at $.001 par value; 73,781,537 shares issued and outstanding, respectively 73,781 73,781
Capital in excess of par 4,791,081 4,791,081
Treasury stock (3,250) (3,250)
Accumulated deficit (2,578,697) (2,645,858)
TOTAL STOCKHOLDERS' EQUITY 2,282,915 2,215,754
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,708,258 $ 6,689,986