Ring Recovery Financial Update as of 30 September, 2003

Prepared on:

November 16, 2003

Prepared by:

David McClellan

Prepared for:

Ring Recovery

Balance on hand as of:

June 30, 2003

-1325.63

Credit card receipts since

June 30, 2003

3887.40

Checks/cash received since

June 30, 2003

4695.00

On hand before expenses as of

September 30, 2003

$7,256.77

Expenses since

June 30, 2003

7/16/2003

1992 Ring of Douglas B. Guttormsen 49189

450.00

7/16/2003

Ship from seller to Bill O'Neill

Included

Subtotal

450.00

Balance as of close of business

September 30, 2003

$6,806.77