SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-Q / A
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 30, 2000.
MIRADOR DIVERSIFIED SERVICES, INC.
(Formerly TCT Financial Group B, Inc.)
Nevada 0-28197 88-0431561
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
675 Lynnhaven Parkway 2nd Floor, Virginia Beach VA 23452
(Address of Principal Executive offices)
Registrant's telephone number, including area code: (757) 463-9646, fax (757)
463-9690
This amendment is to clearly define the consolidated financial statement of
Mirador Diversified Services, Inc. There are no other changes reflected in this
amendment.
Item 7. Financial Statements and Exhibits
Mirador Diversified Services, Inc.
Consolidated
Balance Sheet
Balance Sheet
As of April 30, 2000
April 30
ASSETS
Current Assets
Bank One 374.11
Keybank Operating -12,829.96
Total Checking/Savings -12,455.85
Accounts Receivable
Accounts Receivable 15,000.00
Total Accounts Receivable 15,000.00
Other Current Assets
Fixed Assets
Accumulated Depreciation
Computers -19,132.40
Furniture & Fixtures -22,424.83
Vehicles -15,448.58
Total Accumulated Depreciation -57,005.81
Equipment
Computers 30,701.87
Vehicles 24,530.23
Equipment Other 149.00
Total Equipment 55,381.10
Furniture & Fixtures 25,606.03
Total Fixed Assets
Other Assets
Investment 400.00
Investment Arrngton Homes 28,914.69
Mortgage Loan Receivable 34,250.26
Organizational Costs 400.00
Refundable Deposits 850.00
Total Other Assets 64,814.95
TOTAL ASSETS 96,211.80
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
Accounts Payable 20,837.48
Total Accounts Payable 20,837.48
Other Current Liabilities
Bank Loan LOC 14,627.62
Note Payable
TB Financial -98,731.91
Note Payable Other -9,003.12
Total Note Payable -107,735.03
Payroll Liabilities
OCC Withholding -63.53
Payroll Liabilities Other 11,153.68
Total Payroll Liabilities 11,090.15
Total Other Current Liabilities -82,017.26
Total Current Liabilities -61,179.78
Total Liabilities
Equity
Additional Paid in Capital 160,000.00
Common Stock 69,105.11
Opening Bal Equity -3,658.89
Retained Earnings -59,881.30
Net Income -8,173.34
Total Equity 157,391.58
TOTAL LIABILITIES & EQUITY 96,211.80
Mirador Diversified Services, Inc.
Consolidated
P&L Year-to-Date
Comparison
Apr, Feb -
'00 Apr '00
Ordinary
Income/Expense
Income
Fees 25,101.23 106,307.23
Total Income
25,101.23 106,307.23
Expense
Advertising - 485.81
Automobile
Expense 1,051.67 1,071.67
Bank Service
Charges 35.62 1,201.81
Commission 56.21 5,661.08
Cost of Sales
Appraisal Fees 2,675.00 11,010.00
Credit Reports 42.00 3,042.00
Freight/Express - 530.84
Origination
Labor Costs - 250.00
Cost of
Sales/Other 900.00 1,299.23
Total Cost of
Sales 3,617.00 16,132.07
Insurance
Liability
Insurance - 307.21
Insurance -
Other 2,382.97 6,752.33
Total Insurance 2,382.97 7,059.54
Interest Expense
Finance Charge 29.27 162.94
Total Interest
Expense 29.27 162.94
Licenses and
Permits 25.00 540.00
Office Supplies 200.00 4,305.29
Outside Services
5,038.67 29,369.09
Payroll Expenses
Officer Salary 2,296.80 8,253.00
Payroll
Expenses - 3,876.94 11,672.83
Other
Total Payroll
Expenses 6,173.74 19,925.83
Postage and
Delivery - 400.00
Printing and
Reproduction - 2,118.41
Professional Fees
Accounting - 3,540.00
Legal Fees
- 52.50
Total
Professional Fees - 3,592.50
Rent 1,678.25 3,555.50
Repairs 643.80 2,357.50
Telephone
1,639.72 6,969.91
Travel & Ent
Entertainment - 261.48
Meals
31.92 31.92
Travel & Ent -
Other - 1,000.00
Total Travel &
Ent 3,502.76 7,564.24
Uncategorized
Expenses - -
Utilities
Gas and
Electric 1,159.83 2,007.17
Total Utilities
1,159.83 2,007.17
Total Expense
27,234.51 114,480.36
Net Ordinary Income (2,133.28) (8,173.34)
Net
Income (2,133.28) (8,173.34)
