<TABLE>
<CAPTION> ADVANCED PRODUCTS GROUP, INC
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEET FOR SEPTEMBER 30, 1999
STATEMENTS ARE UNAUDITED
ASSETS AMOUNTS
<S> <C>
CURRENT ASSETS $
CASH IN BANK 1,626
ACCOUNTS RECEIVABLE 1,639
INTEREST RECEIVABLE 4,430
NOTES RECEIVABLE-CURRENT 100
NOTES RECEIVABLE - R.HERMAN ( 100)
INVENTORY 0
ADVANCE- ED DA PARMA 109
___________
TOTAL CURRENT ASSETS 7,804
PROPERTY AND EQUIPMENT
ACCUMULATED AMORTIZATION
LICENSE AGREEMENT ( 72,150)
_____________
TOTAL PROPERTY AND EQUIPMENT ( 72,150)
OTHER ASSETS 1,332,000
_____________
TOTAL OTHER ASSETS 1,332,000
_____________
TOTAL ASSETS 1,267,654
=============
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
ACCOUNTS PAYABLE ( 49,792)
ACCRUED INTEREST 5,980
LOANS PAYABLE 15,013
LICENSE FEE PAYABLE-CURRENT 239,880
______________
TOTAL CURRENT LIABILITIES 211,081
LONG TERM LIABILITIES
LICENSE FEE PAYABLE 1,135,671
______________
TOTAL LONG TERM LIABILITIES 1,135,671
TOTAL LIABILITIES 1,346,752
CAPITAL
COMMON STOCK 3,297
PAID IN CAPITAL 547,052
RETAINED EARNINGS ( 105,973)
OUTSTANDING N/R FRO SHARES ( 403,410)
NET INCOME ( 120,064)
________________
TOTAL CAPITAL ( 79,098)
TOTAL LIABILITIES AND CAPITAL 1,267,654
</TABLE>
<TABLE>
<CAPTION> ADVANCED PRODUCTS GROUP, INC
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF OPERATIONS
FOR THE PERIOD JYLY1, 1999 TO SEPTEMBER 30, 1999
REVENUES AMOUNTS
<S> <C>
SALES-SOAP $ 3,030
SALES-DISPENSER 0
OTHER INCOME 2,215
SALES DISCOUNTS RETURNS ALLOWANCES 0
___________
TOTAL REVENUE 5,245
COST OF SALES
COST OF GOODS SOLD-SOAP 580
COST OF GOODS SOLD-DISPENSERS 35
COST OF SALES- FREIGHT ( 125)
COST OF SALES- OTHER 139
_______________
TOTAL COST OF SALES 629
GROSS PROFIT 4,616
EXPENSES
ADVERTISING EXPENSE 0
AMORTIZATION LICENSE AGREEMENT 16,650
INTEREST EXPENSE LIC. AGREEMENT 20,040
AUTO EXPENSE 0
BANK CHARGES 175
DUES AND SUBSCRIPTIONS 590
FREIGHT 927
LEGAL AND PROFESSIONAL 0
FRANCHISE FEE 45
PRODUCT DEVELOPMENT 3,190
MISCELLANEOUS 47
OFFICE EXPENSE 1,057
POSTAGE 315
OTHER TAXES ( 18)
RENT 2,247
TELEPHONE 3,901
TRAVEL 769
MEALS AND ENTERTAINMENT 138
OTHER EXPENSES 0
______________
TOTAL EXPENSES 50,073
NET INCOME (LOSS) ( 45,457)
</TABLE>
<TABLE>
<CAPTION> ADVANCED PRODUCTS GROUP, INC
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CASH FLOWS
STATEMENTS ARE UNAUDITED
CASH FLOWS FROM OPERATING ACTIVITIES AMOUNTS
<S> <C>
NET INCOME (LOSS) $ ( 45,457)
ADJUSTMENTS TO RECONCILE NET
INCOME TO NET CASH PROVIDED
BY OPERATING ACTIVITIES
ACCUMULATED AMORT. LIC.AGREEMENT 16,650
ACCOUNTS RECEIVABLE ( 1,512)
INTEREST RECEIVABLE ( 2,215)
SOAP INVENTORY 0
DISPENSER INVENTORY 0
NOTES RECEIVABLE-CURRENT 0
NOTES RECEIVABLE- COLONIAL 0
NOTES RECEIVABLE- R. HERMAN 100
PREPAID EXPENSES 0
ADVANCES RON WEPRIN 0
ADVANCES R. HERMAN 0
ADVANCES E. DA PARMA ( 109)
ACCOUNTS PAYABLE ( 615)
ACCRUED EXPENSES 0
NOTES PAYABLE-CURRENT 15,013
LICENSE FEE PARYABLE 20,040
________________
TOTAL ADJUSTMENT 47,352
NET CASH PROVIDED BY OPERATIONS 1,895
CASH FLOWS FROM INVESTING ACTIVITIES 0
LICENSE AGREEMENT 0
NET CASH USED IN INVESTING 0
CASH FLOWS FROM FINANCING ACTIVITIES
LICENSE FEE PAYABLE 0
COMMON STOCK 246
PAID IN CAPITAL 0.
USED FOR PAID IN CAPITAL
OUTSTANDING N/R FOR SHARES ( 2,358)
NET CASH USED IN FINANCING ( 2,112)
NET INCREASE (DECREASE) IN CASH ( 217)
SUMMARY
CASH BALANCE AT END OF PERIOD 1,626
CASH BALANCE AT BEGINNING OF PERIOD ( 2,248)
NET INCREASE (DECREASE) IN CASH ( 622)
</TABLE>
