Balance Sheet
as of 8/10/97

Assets
	Cash and Bank Accounts				$0.00
	Troubled Times, Inc.				$1,000.00
					-------------------
	Total Cash and Bank Accounts				$1,000.00
					============
	Total Assets				$1,000.00
Liabilities and Equity
	Liabilities				$0.00
	Equity				$1,000.00
					--------------------
	Total Liabilities and Equity				$1,000.00
					=============
P/L Statement N/A at this time

Income Statement
For Month of August 1997

Revenue					$1,000.00
Liabilities and Equity					$0.00
					--------------------
Net Income					$1,000.00
					=============

Capitol Statement
For Month of August 1997

Capitol					$0.00
	Net Income for the Month				$1,000.00
	Less Withdrawals				$0.00
					-------------------
	Change in Capitol				$1,000.00
					-------------------
	Capitol August 10, 1997				$1,000.00
					=============