Innovium Media Properties Corp V.IN

RE: RE: 14 million in assets.

[randomguy348]

Table of Highlights of the Financial Statements
Three months ended    Nine months ended
September 30          September 30
-------------------------------------------
(Expressed in thousands of
Canadian dollars, except per
share amounts)                      2010       2009        2010       2009
--------- ---------- ----------- ---------
Unrealized losses on investments $   (500) $  (1,139) $     (207) $  (1,741)
Interest and dividend income           --        303           2        907
General and administrative
expenses                             219        303         789        966
Interest expense                       89         39         233         77
Depreciation and amortization           6          7          17         21
Foreign exchange gain                  --         (6)         (1)       (11)
Net loss                         $   (814) $  (1,179) $   (1,243) $  (1,887)
Net loss per share               $  (0.01) $   (0.01) $    (0.01) $   (0.02)
Cash used in operating
activities (after net change in
working capital balances)       $    (97) $    (145) $     (570) $    (800)
As At
---------------------
(Expressed in thousands of                             Sept. 30,    Dec.31,
Canadian dollars)                                        2010       2009
----------- ---------
Cash and cash equivalents                             $       --  $      10
Accounts receivable and other
assets                                                       20         40
Short-term investments                                        59         58
Total current assets                                          79        108
Venture investments                                       14,514     14,328
Capital assets, net                                          104        121
Total assets                                          $   14,697  $  14,557
Bank indebtedness                                     $       31  $      --
Accounts payable and accrued
liabilities                                                 308        108
Term loans                                                 2,981      1,829
Future tax liability                                         103        103
Total liabilities                                     $    3,423  $   2,040
Shareholders' equity                                  $   11,274  $  12,517