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BMP Sunstone Reports Second Quarter 2008 Financial Results
Date:8/11/2008

rom Related Party 2,431 --

Other Receivables 2,813 1,379

VAT Receivable 1,451 828

Prepaid Expenses and Other Current

Assets 4,982 2,444

Total Current Assets 73,952 43,389

Property and Equipment, net 22,450 745

Investment in Sunstone China Limited -- 33,126

Investment in Alliance BMP 15,093 --

Investments, at Cost 145 137

Other Assets 67,471 3,053

Deferred Taxes 1,565 --

Intangible Assets, net of accumulated

amortization 45,712 473

Total Assets $226,388 $80,923

Liabilities and Stockholders' Equity

Current Liabilities:

Notes Payable $27,862 $117

Accounts Payable 19,151 8,784

Deferred Revenue 750 151

Due to Related Parties 3,855 --

Accrued Expenses 17,387 3,952

Total Current Liabilities 69,005 13,004

Long-term debt, net of debt discount 2,910 18,910

Deferred Taxes 10,991 --

Total Liabilities 82,906 31,914

Stockholders' Equity:

Common Stock, $.001 Par Value;

75,000,000 and 50,000,000 Shares

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SOURCE BMP Sunstone Corporation
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