Property and equipment, net 281,544 69,769
Intangible assets, net 2,564,391 174,361
Goodwill, net 4,210,561 407,528
Other assets, net 61,644 15,511
$7,813,580 $1,066,349
LIABILITIES AND STOCKHOLDERS' EQUITY
June 28, 2008 September 29, 2007
CURRENT LIABILITIES:
Current portion of notes payable $2,416 $1,977
Accounts payable 56,225 42,289
Accrued expenses 160,342 88,577
Deferred revenue 75,426 45,769
Deferred gain 9,500 -
Total current liabilities 303,909 178,612
Notes payable net of current portion 9,883 9,222
Convertible debt 1,725,000 -
Deferred tax liabilities 936,109 54,866
Deferred revenue 9,857 10,135
Other long term liabilities 53,486 7,791
Total long term liabilities 2,734,335 82,014
STOCKHOLDERS' EQUITY:
Common stock, $.01 par value-
Authorized - 750,000 shares
Issued - 256,157 and 110,300
shares, respectively 2,562 1,103
Capital in excess of par value 4,838,823 633,477
Retained earnings (73,268) 168,453
Accumulated other comprehensive income
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