Eagle Environmental Technology
		Balance Sheet UNAUDITED
			YEAR END 2001
		1-Dec		Dec-00
		========		========
			ASSETS
Current Assets:
BANK, Reno		$756		($2,229)
Sale Contracts Receivable		807,000		800,000
Notes Receivable PETI		3,700		0
Notes Rec. Related PartiesZ		18,566		19,169
		---------------		---------------
TOTAL Current Assets		830,023		816,940
		---------------		---------------
Fixed Assets:
Equipment		60,957		60,957
Equipment Accum. Deprn.		-36,874		-36,874
Vehicles		40,911		38,729
Vehicle Accum Deprn		-4,792		-4,792
		---------------		---------------
TOTAL Fixed Assets		60,202		58,020
		---------------		---------------
Other Assets:
Rights To Technology		256,655		256,655
Licenses for Zawcad		391,417		391,417
Subsidiary Investment		100		100
		---------------		---------------
TOTAL Other Assets		648,172		648,172
		---------------		---------------
TOTAL ASSETS		$1,538,396		$1,523,132
		========		========
			LIABILITIES
Current Liabilities:
Accounts Pay. Related Parties		$9,135		$2,386
Contract payables		271,397		213,915
Trade Payables		358,323		258,317
Deposits on Equipment		70,000		70,000
Sales Tax Payable		2,353		0
Salaries and Wages Payable		0		91,301
JAB Enterprises Inc.		51,547		11,655
Lease payable IKON		0		17,416
Lease Payable Auto/Ford		0		10,838
		---------------		---------------
TOTAL Current Liabilities		762,754		675,827
		---------------		---------------
Long-Term Liabilities:
Notes Payable, Short term		9297		5,500
Notes Payable, JAB ENT.		163,072		81,376
Notes Payable, Conv. Debenture		9,000		9,000
		---------------		---------------
TOTAL Long-Term Liabilities		181,369		95,876
		---------------		---------------
TOTAL LIABILITIES		944,123		771,703
		---------------		---------------
			CAPITAL
Common Stock		149,572		132,955
Additional paid in Capital		3,631,148		1,754,191
Retained Earnings		-2,977,483		-770,099
Year-to-Date Earnings		-208,964		-365,619
		---------------		---------------
TOTAL CAPITAL		594,273		751,429
		---------------		---------------
TOTAL LIABILITIES & CAPITAL		$1,538,396		$1,523,132
		========		========