iDomains Registry Operatorís Proposal
For the nine months ended
September 30, 2000 and
Independent Accountant's Compilation
GEORGE J. GERBINO
††††††† Certified Public Accountant
†††††††††††††† 2067 HEFFNER ROAD
FOGELSVILLE, PA 18051
TELEPHONE (610) 285-2076††††††††††††††††††††††††††††††††††††††††††††††††††† FAX (610) 285-2983
MR. HENRY A. LUBSEN
SOLE SHAREHOLDER OF
I have compiled the accompanying statement of assets, liabilities, and equities-income tax basis of IDOMAINS, INC. as of September 30, 2000, and the related statement of revenues, expenses and retained earnings-income tax basis for the nine months then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants.† The financial statements have been prepared on the accrual basis of accounting used by the Company for federal income tax purposes, which is a comprehensive basis of accounting other than generally accepted accounting principles.
A compilation is limited to presenting in the form of financial statements information that is the representation of management.† I have not audited or reviewed the accompanying financial information and, accordingly, do not express an opinion or any other form of assurance on them.
Management has elected to omit substantially all of the disclosures ordinarily included in financial statements prepared on the income tax basis of accounting.† If the omitted disclosures were included in the financial statements, they might influence the user's conclusions about the Company's assets, liabilites, equity, revenues, and expenses.† Accordingly, these financial statements are not designed for those who are not informed about such matters.
††††††††††††††††††††††† ††††††††††††††††††††††† ††††††††††† ††††††††††† RESPECTFULLY SUBMITTED,
FOGELSVILLE, PENNSYLVANIA††††† †††††††††† GEORGE J. GERBINO
October 1, 2000†††††††††††††††††††††††††††††††††††††††††††† CERTIFIED PUBLIC ACCOUNTANT
See Excel File IDOMAINS INC fin st 2000.xls for financial statements