$CGRW Income Statement

CannaGrow Holdings, Inc (CGRW)

Income Statement

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All numbers in thousands

Period Ending		Jun 30, 2014	Mar 31, 2014	Dec 31, 2013	Sep 30, 2013
Total Revenue		14	8	4	9
Cost of Revenue		8	7	3	9

Gross Profit		6	1	1	(1)

	Operating Expenses
	Research Development	–	–	–	–
	Selling General and Administrative	52	53	32	68
	Non Recurring	–	–	–	–
	Others	–	–	–	–

	Total Operating Expenses	–	–	–	–


Operating Income or Loss		(46)	(52)	(31)	(69)

	Income from Continuing Operations
	Total Other Income/Expenses Net	226	–	–	111
	Earnings Before Interest And Taxes	180	(52)	(31)	42
	Interest Expense	43	51	51	51
	Income Before Tax	137	(103)	(82)	(10)
	Income Tax Expense	–	–	–	–
	Minority Interest	–	–	–	–

	Net Income From Continuing Ops	137	(103)	(82)	(10)

	Non-recurring Events
	Discontinued Operations	–	–	–	–
	Extraordinary Items	–	–	–	–
	Effect Of Accounting Changes	–	–	–	–
	Other Items	–	–	–	–


Net Income		137	(103)	(82)	(10)
Preferred Stock And Other Adjustments		–	–	–	–

Net Income Applicable To Common Shares		137	(103)	(82)	(10)

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com