FOR AGE ORBIT INC CONSOLID A TED ST A TEMENTS OF RET AINED EARNINGS DEFICIT Y ears ended January 31 2007 and 2006 2007 2006 BALANCE BEGINNING OF YEAR 1138434 291136 NET EARNINGS 6138526 1429570 REFUND ABLE T A XES RECO VERED 23625 7300585 1138434 REFUND ABLE T A XES P A Y ABLE 18173 RELA TED P A R TY TR ANS A CTIONS ADJUSTMENTS Note 13 171393 INCREA SE OF P AID UP CAPIT AL Note 9 Class B shares 6808510 DIVIDEND ON CLA SS B SHARES 351005 7349081 BALANCE END OF YEAR 48496 1138434 F30