United States Basketball League, Inc. (USBL) Cash Flow Statement

Net loss	-38.7K
Depreciation
Non-cash compensation
Marketable equity securities
Accounts payable and accrued expenses	9.79K
Due in connection with South Korea venture
Credit card obligations	866
Net cash (used in) operating activities
(Increase) in due from related parties
Increase in due to related parties	27.92K
Net cash provided by financing activities
NET INCREASE(DECREASE) IN CASH AND CASH EQUIVALENTS	-127
CASH AND CASH EQUIVALENTS, beginning of period	416
CASH AND CASH EQUIVALENTS, end of period	289
Interest paid	330
Income tax paid	4.29K
Transfer of amounts due from related parties to USBL president in partial satisfaction of amount due to USBL president

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