PART I. FINANCIAL INFORMATION
Item 1. Financial Statements
Myrient, Inc.
Restated Consolidated Balance Sheet
February 28, 2003
(Unaudited)
ASSETS
Current assets:
Cash	970
Accounts receivable, net of allowance for doubtful accounts of
approximately $105,899	$      8,954
Total current assets	8,954
Property and equipment, net of accumulated depreciation of $242,793	41,846
Deposits and other assets	16,036
Total assets	$     67,806
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Accounts payable and accrued liabilities	$  3,927,451
Line of credit borrowings	500,000
Current portion of notes payable	6,723,735
Convertible note payable	875,000
Accrued payroll and related liabilities	1,658,827
Accrued interest payable	1,756,227
Current portion of capital lease obligations	116,929
Total current liabilities	15,558,169
Related party loans and notes payable	6,135,964
Total liabilities	21,694,133
Stockholders' deficit:
Preferred stock, $0.01 par value; 10,000,000 shares authorized, no shares
issued and outstanding --
Common stock, $0.01 par value; 75,000,000 shares authorized, 71,990,904
shares issued and outstanding	71,990
Additional paid-in capital	18,594,836
Subscription Receivable	(30,000)
Accumulated deficit	(40,263,153)
Total stockholders' deficit	(21,626,327)
Total liabilities and stockholders' deficit	$     67,806
SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS