ELEVATE, INC. HGLB Balance Sheet

Feb'12	Nov'11	Aug'11	May'11	Feb'11
Cash
0	0	-	0	0
Accounts receivable
32	9	2	0	0
Prepaid expenses
427	232	310	44	44
Inventory
29	30	37	8	8
Total current assets
489	272	350	53	53
Property & equipment, net
25	27	25	21	21
Other assets
12	12	12	10	10
TOTAL ASSETS
527	312	388	85	85
Accounts payable
384	263	255	200	200
Cash overdraft
21	5	20	3	3
Accrued expenses
149	88	29	22	22
Loans payable
0	168	124	144	144
Loan payable - related party
1,512	1,450	-	1,050	1,050
Loan payable - related party
-	-	1,912	-	-
Total current liabilities
2,067	1,975	2,342	1,421	1,421
Total liabilities
2,067	1,975	2,342	1,421	1,421
Preferred stock, $0.001 par value, 10,000,000 shares authorized, 0 and 0 shares issued and outstanding as of February 29, 2012, and May 31, 2011, respectively.
0	-	0	-	0
Preferred stock, $0.001 par value, 10,000,000 shares authorized, 425,000 and 0 shares issued and outstanding as of November 30, 2011, and May 31, 2011, respectively.
-	0	-	0	-
Common stock, $.001 par value, 100,000,000 authorized, 26,661,404 and 24,686,600 shares issued and outstanding as of February 29, 2012, and May 31, 2011, respectively.
26	24	25	24	24
Additional paid in capital
3,003	1,674	792	112	112
Stock payable
15	502	-	0	0
Stock payable
-	-	7	-	-
Notes receivable - related party
-102	-123	-118	-141	-141
Accumulated deficit
-4,482	-3,742	-	-1,331	-1,331
Accumulated deficit
-	-	-2,658	-	-
Total stockholder's deficit
-1,539	-1,663	-1,953	-1,335	-1,335
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT
527	312	388	85	85