MJM has restated its financial statements as at December 31, 2012 and for the period then ended to reflect the change in reporting currency from Canadian dollars to US dollars.


	As at December 31, 2012
	As reported Cdn$	Adjustment $	As restated US$

Assets

Current Assets

Cash	17,641	90	17,731
Amounts receivable	10,866	55	10,921

Total Current Assets	28,507	145	28,652

Restricted cash	5,000	26	5,026

Total Assets	33,507	171	33,678

Liabilities

Current Liabilities

Accounts payable	2,424	12	2,436
Accrued liabilities	3,249	17	3,266
Loans payable	99,490	510	100,000

Total Current Liabilities	105,163	539	105,702

Loans payable	59,747	302	60,049

Total Liabilities	164,910	841	165,751

Stockholders’ Deficit

Common stock	75,100	(1,055)	74,045
Accumulated other comprehensive income	–	99	99
Deficit accumulated during the development stage	(206,503)	286	(206,217)

Total Stockholders’ Deficit	(131,403)	(670)	(132,073)

Total Liabilities and Stockholders’ Deficit	33,507	171	33,678