UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported) March 21, 2016 (March 18, 2016)
AXION INTERNATIONAL HOLDINGS, INC.
(Exact name of registrant as specified
in its charter)
Colorado
(State
or other jurisdiction
of incorporation) |
|
0-13111
(Commission
File Number) |
|
84-0846389
(IRS Employer
Identification
No.) |
4005
All American Way, Zanesville, Ohio
(Address
of principal executive offices) |
|
43701
(Zip Code) |
Registrant’s telephone number,
including area code: (740) 452-2500
Not Applicable
(Former name or former address, if changed
since last report)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):
| ¨ | Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
On December 8, 2015, Axion International
Holdings, Inc. (the “Company”) filed an 8-K with the U.S. Securities and Exchange Commission to disclose its Chapter
11 bankruptcy filing in Delaware on December 2, 2015 (the “Bankruptcy Filing”). On January 15, 2016, the Company filed
an 8-K with the U.S. Securities and Exchange Commission to disclose as a result of the Bankruptcy Filing, the Company would no
longer file periodic reports under the Securities Exchange Act of 1934 and its shares will no longer be eligible for legend removal
under Rule 144 for failure to continue to meet the current reporting requirement under Rule 144.
Pursuant to the rules and requirements
under its Bankruptcy Filing, the Company files monthly financial reports with the U.S. Trustees with the U.S. Bankruptcy Court
District of Delaware (the “Monthly Operating Reports”). The Monthly Operating Reports for February 2016 were prepared
and filed for (i) the Company, (ii) its wholly-owned operating subsidiary Axion International, Inc. and (iii) its dormant wholly-owned
subsidiary Axion Recycled Plastics Incorporated on March 18, 2016. Copies of these Monthly Operating Reports are included herewith
as Exhibits to this Form 8-K.
(d) Exhibits
Exhibit |
|
|
Number |
|
Description of Exhibit |
|
|
|
99.1 |
|
Monthly Operating Report – Axion International Holdings, Inc. |
99.2 |
|
Monthly Operating Report – Axion International, Inc. |
99.3 |
|
Monthly Operating Report – Axion Recycled Plastics Incorporated |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: March 21, 2016 |
AXION INTERNATIONAL HOLDINGS, INC. |
|
|
|
|
By: |
/s/ Donald W. Fallon |
|
|
Donald W. Fallon
Chief Financial Officer |
EXHIBIT 99.1
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
In re:
Axion International Holdings, Inc. |
Case
No.: 15—12416 |
|
Reporting Period:
February 2016 |
MONTHLY OPERATING REPORT (NO ACTIVITY DURING
THE REPORTING PERIOD)
File with Court and submit copy to United
States Trustee within 20 days after end of month
Submit copy of report to any official committee appointed in the
case.
|
|
|
|
Document |
|
Explanation |
|
Affidavit/Supplement
|
REQUIRED
DOCUMENTS |
|
Form
No. |
|
Attached |
|
Attached |
|
Attached |
Schedule of Cash Receipts and Disbursements |
|
MOR-1 |
|
Y |
|
|
|
|
Bank Reconciliation
(or copies of debtor's bank reconciliations) |
|
MOR-1a |
|
Y |
|
|
|
|
Schedule of
Professional Fees Paid |
|
MOR-1b |
|
Y |
|
|
|
|
Copies of bank
statements |
|
|
|
n/a |
|
|
|
|
Cash disbursements
journals |
|
|
|
n/a |
|
|
|
|
Statement of Operations |
|
MOR-2 |
|
Y |
|
|
|
|
Balance Sheet |
|
MOR-3 |
|
Y |
|
|
|
|
Status of Postpetition Taxes |
|
MOR-4 |
|
Y |
|
|
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|
Copies of IRS
Form 6123 or payment receipt |
|
|
|
N |
|
|
|
|
Copies of tax
returns filed during reporting period |
|
|
|
N |
|
|
|
|
Summary of Unpaid Postpetition Debts |
|
MOR-4 |
|
Y |
|
|
|
|
Listing of
aged accounts payable |
|
MOR-4 |
|
Y |
|
|
|
|
Accounts Receivable Reconciliation and
Aging |
|
MOR-5 |
|
Y |
|
|
|
|
Debtor Questionnaire |
|
MOR-5 |
|
Y |
|
|
|
|
I declare under penalty of perjury (28 U.S.C. Section 1746) that
this report and the attached documents are true and correct to the best of my knowledge and belief.
/s/
Donald W. Fallon |
|
March
18, 2016 |
|
Signature of Debtor |
|
Date |
|
|
|
|
|
/s/
Donald W. Fallon |
|
March
18, 2016 |
|
Signature of Joint Debtor |
|
Date |
|
|
|
|
|
/s/
Donald W. Fallon |
|
March
18, 2016 |
|
Signature of Authorized Individual* |
|
Date |
|
|
|
|
|
'Donald
W. Fallon |
|
CFO
& Treasurer |
|
Printed Name of Authorized Individual |
|
Title of Authorized
Individual |
|
*Authorized individual must be an officer, director or shareholder
if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.
MOR
(04/07)
In re: Axion International
Holdings, Inc. |
Case No.: 15-12416 |
Debtor |
Reporting
Period: February 2016 |
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
Amounts reported should be per the debtor's
books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report,
the amount should be the balance on the date the petition was filed. The amounts reported in the "CURRENT MONTH - ACTUAL"
column must equal the sum of the four bank account columns. The amounts reported in the "PROJECTED" columns should be
taken from the SMALL BUSINESS INITIAL REPORT (FORM IR-1) . Attach copies of the bank statements and the cash disbursements journal.
The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation
must be attached for each account. [See MOR-1 (CON'T)]
| |
BANK ACCOUNTS | | |
CURRENT MONTH | | |
CUMULATIVE FILING TO DATE | |
| |
OPER. | | |
PAYROLL | | |
TAX | | |
OTHER | | |
ACTUAL | | |
PROJECTED | | |
ACTUAL | | |
PROJECTED | |
CASH BEGINNING OF MONTH | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
| |
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| | |
RECEIPTS | |
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| | |
CASH SALES | |
| | | |
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| | |
ACCOUNTS RECEIVABLE | |
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| | |
LOANS AND ADVANCES | |
| | | |
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| | |
SALE OF ASSETS | |
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| | |
OTHER (ATTACH LIST) | |
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| | |
TRANSFERS (FROM DIP ACCTS) | |
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| |
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| | |
TOTAL RECEIPTS | |
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| |
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| | |
DISBURSEMENTS | |
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| | |
NET PAYROLL | |
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PAYROLL TAXES | |
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| | |
SALES, USE, & OTHER TAXES | |
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| | |
INVENTORY PURCHASES | |
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| | |
SECURED/ RENTAL/ LEASES | |
| | | |
| NO
ACTIVITY | | |
| | |
INSURANCE | |
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ADMINISTRATIVE | |
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SELLING | |
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OTHER (ATTACH LIST) | |
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OWNER DRAW * | |
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TRANSFERS (TO DIP ACCTS) | |
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PROFESSIONAL FEES | |
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| | |
U.S. TRUSTEE QUARTERLY FEES | |
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| | |
COURT COSTS | |
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| | |
TOTAL DISBURSEMENTS | |
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| |
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| | |
NET CASH FLOW | |
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| | |
(RECEIPTS LESS DISBURSEMENTS) | |
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| |
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| | |
CASH - END OF MONTH | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
* COMPENSATION TO SOLE PROPRIETORS FOR SERVICES
RENDERED TO BANKRUPTCY ESTATE
THE FOLLOWING SECTION MUST BE COMPLETED
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN) | |
| | |
TOTAL DISBURSEMENTS | |
$ | - | |
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS | |
$ | | |
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts) | |
$ | | |
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES | |
$ | - | |
FORM MOR-1
(04/07)
In
re: Axion International Holdings, Inc. |
Case
No.: 15-12416 |
Debtor |
Reporting Period:
February 2016 |
BANK RECONCILIATIONS
Continuation Sheet for MOR-1
A bank reconciliation must be included for
each bank account. The debtor's bank reconciliation may be substituted for this page.
|
|
Operating |
|
Payroll |
|
Tax |
|
Other |
|
|
# |
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# |
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# |
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# |
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BALANCE PER
BOOKS |
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BANK BALANCE |
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(+) DEPOSITS
IN TRANSIT (ATTACH LIST) |
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(-) OUTSTANDING
CHECKS (ATTACH LIST) |
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OTHER (ATTACH
EXPLANATION) |
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ADJUSTED BANK
BALANCE * |
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* Adjusted bank
balance must equal balance per books |
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DEPOSITS IN
TRANSIT |
|
Date |
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Amount |
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Date |
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Amount |
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Date |
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Amount |
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Date |
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Amount |
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CHECKS OUTSTANDING |
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Ck.
# |
|
Amount |
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Ch.
# |
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Amount |
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Ck.
# |
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Amount |
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Ck.
# |
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Amount |
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NO
ACTIVITY |
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OTHER |
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FORM MOR-1a
(04/07)
In
re: Axion International Holdings, Inc. |
Case
No.: 15-12416 |
Debtor |
Reporting Period:
February 2016 |
SCHEDULE OF PROFESSIONAL FEES AND EXPENSES
PAID
This schedule is to include all retained professional
payments from case inception to current month
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Amount |
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Check |
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Amount
Paid |
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Year-To-Date |
Payee |
|
Period
Covered |
|
Approved |
|
Payor |
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Number |
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Date |
|
Fees |
|
Expenses |
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Fees |
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Expenses |
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NO
ACTIVITY |
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FORM MOR-1b
(04/07)
In
re: Axion International Holdings, Inc. |
Case
No.: 15-12416 |
Debtor |
Reporting Period:
February 2016 |
STATEMENT OF OPERATIONS
(Income Statement)
The Statement of Operations is to be prepared on an accrual basis.
The accrual basis of accounting recognizes revenue when it is realized and expenses when they are incurred, regardless of when
cash is actually received or paid.
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Cumulative | |
REVENUES | |
Month | | |
Filing to Date | |
Gross Revenues | |
$ | - | | |
$ | - | |
Less: Returns and Allowances | |
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Net Revenue | |
$ | | | |
$ | | |
COST OF GOODS SOLD | |
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Beginning Inventory | |
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Add: Purchases | |
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Add: Cost of Labor | |
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Add: Other Costs (attach schedule) | |
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Less: Ending Inventory | |
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Cost of Goods Sold | |
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Gross Profit | |
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OPERATING EXPENSES | |
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Advertising | |
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Auto and Truck Expense | |
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Bad Debts | |
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Contributions | |
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Employee Benefits Programs | |
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Insider Compensation* | |
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Insurance | |
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Management Fees/Bonuses | |
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Office Expense | |
| NO ACTIVITY | |
Pension & Profit-Sharing Plans | |
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Repairs and Maintenance | |
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Rent and Lease Expense | |
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Salaries/Commissions/Fees | |
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Supplies | |
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Taxes - Payroll | |
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Taxes - Real Estate | |
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Taxes - Other | |
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Travel and Entertainment | |
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Utilities | |
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Other (attach schedule) | |
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Total Operating Expenses Before Depreciation | |
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Depreciation/Depletion/Amortization | |
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Net Profit (Loss) Before Other Income & Expenses | |
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OTHER INCOME AND EXPENSES | |
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Other Income (attach schedule) | |
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Interest Expense | |
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Other Expense (attach schedule) | |
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Net Profit (Loss) Before Reorganization Items | |
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REORGANIZATION ITEMS | |
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Professional Fees | |
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U. S. Trustee Quarterly Fees | |
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Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet) | |
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Gain (Loss) from Sale of Equipment | |
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Other Reorganization Expenses (attach schedule) | |
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Total Reorganization Expenses | |
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| | |
Income Taxes | |
| | | |
| | |
Net Profit (Loss) | |
$ | - | | |
$ | - | |
*"Insider" is defined in 11 U.S.C. Section 101(31).
FORM MOR-2
(04/07)
In
re: Axion International Holdings, Inc. |
Case
No.: 15-12416 |
Debtor |
Reporting
Period: February 2016 |
STATEMENT OF OPERATIONS - continuation sheet
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Cumulative |
BREAKDOWN
OF "OTHER" CATEGORY |
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Month |
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Filing
to Date |
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Other Costs |
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Other Operational
Expenses |
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NO
ACTIVITY |
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Other Income |
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Other Expenses |
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Other Reorganization
Expenses |
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Reorganization Items - Interest Earned on Accumulated Cash from
Chapter 11:
Interest earned on cash accumulated during the chapter 11 case,
which would not have been earned but for the bankruptcy proceeding, should be reported as a reorganization item.
FORM MOR-2 CONT'D
(04/07)
In
re: Axion International Holdings, Inc. |
Case
No.: 15-12416 |
Debtor |
Reporting
Period: February 2016 |
BALANCE SHEET
The Balance Sheet is to be completed on an accrual basis only.
Pre-petition liabilities must be classified separately from postpetition obligations.
| |
BOOK VALUE AT END OF | | |
BOOK VALUE ON | |
ASSETS | |
CURRENT REPORTING MONTH | | |
PETITION DATE | |
CURRENT ASSETS | |
| | | |
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Unrestricted Cash and Equivalents | |
$ | - | | |
$ | - | |
Restricted Cash and Cash Equivalents (see continuation sheet) | |
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Accounts Receivable (Net) | |
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Notes Receivable | |
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Inventories | |
| NO ACTIVITY | | |
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Prepaid Expenses | |
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Professional Retainers | |
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Other Current Assets (attach schedule) | |
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TOTAL CURRENT ASSETS | |
$ | | | |
$ | | |
PROPERTY AND EQUIPMENT | |
| | | |
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Real Property and Improvements | |
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Machinery and Equipment | |
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Furniture, Fixtures and Office Equipment | |
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Leasehold Improvements | |
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Vehicles | |
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Less Accumulated Depreciation | |
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TOTAL PROPERTY & EQUIPMENT | |
$ | | | |
$ | | |
OTHER ASSETS | |
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Loans to Insiders* | |
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Other Assets (attach schedule) | |
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TOTAL OTHER ASSETS | |
$ | | | |
$ | | |
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TOTAL ASSETS | |
$ | | | |
$ | | |
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BOOK VALUE AT END OF | | |
BOOK VALUE ON | |
LIABILITIES AND OWNER EQUITY | |
CURRENT REPORTING MONTH | | |
PETITION DATE | |
LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition) | |
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Accounts Payable | |
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Taxes Payable (refer to FORM MOR-4) | |
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Wages Payable | |
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Notes Payable | |
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Rent / Leases - Building/Equipment | |
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Secured Debt / Adequate Protection Payments | |
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Professional Fees | |
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Amounts Due to Insiders* | |
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Other Postpetition Liabilities (attach schedule) | |
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TOTAL POSTPETITION LIABILITIES | |
$ | | | |
$ | | |
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition) | |
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Secured Debt | |
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Priority Debt | |
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Unsecured Debt | |
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TOTAL PRE-PETITION LIABILITIES | |
$ | | | |
$ | | |
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TOTAL LIABILITIES | |
$ | | | |
$ | | |
OWNER EQUITY | |
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Capital Stock | |
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Additional Paid-In Capital | |
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Partners' Capital Account | |
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Owner's Equity Account | |
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Retained Earnings - Pre-Petition | |
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Retained Earnings - Postpetition | |
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Adjustments to Owner Equity (attach schedule) | |
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Postpetition Contributions (Distributions) (Draws) (attach schedule) | |
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NET OWNER EQUITY | |
$ | | | |
$ | | |
| |
| | | |
| | |
TOTAL LIABILITIES AND OWNERS' EQUITY | |
$ | | | |
$ | | |
*"Insider" is defined in 11 U.S.C. Section 101(31).
FORM MOR-3
(04/07)
In
re: Axion International Holdings, Inc. |
Case
No.: 15-12416 |
Debtor |
Reporting
Period: February 2016 |
BALANCE SHEET - continuation sheet
ASSETS |
|
BOOK
VALUE AT END OF
CURRENT REPORTING MONTH |
|
BOOK
VALUE ON
PETITION DATE |
Other Current
Assets |
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NO
ACTIVITY |
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Other Assets |
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BOOK
VALUE AT END OF |
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BOOK
VALUE ON |
LIABILITIES
AND OWNER EQUITY |
|
CURRENT
REPORTING MONTH |
|
PETITION
DATE |
Other Postpetition
Liabilities |
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Adjustments to
Owner Equity |
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Postpetition
Contributions (Distributions) (Draws) |
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Restricted Cash is cash that is restricted for a specific use and
not available to fund operations. Typically, restricted cash is segregated into a separate account, such as an escrow account.
FORM MOR-3 CONT'D
(04/07)
In
re: Axion International Holdings, Inc. |
Case
No.: 15-12416 |
Debtor |
Reporting Period:
February 2016 |
STATUS OF POSTPETITION TAXES
The beginning tax liability should be the ending liability from
the prior month or, if this is the first report, the amount should be zero.
Attach photocopies of IRS Form 6123 or payment receipt to verify
payment or deposit of federal payroll taxes.
Attach photocopies of any tax returns filed during the reporting
period.
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Beginning |
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Amount |
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Ending |
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Tax |
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Withheld
or |
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Amount |
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Date |
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Check
No. |
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Tax |
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Liability |
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Accrued |
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Paid |
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Paid |
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or
EFT |
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Liability |
Federal |
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Withholding |
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FICA-Employee |
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FICA-Employer |
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Unemployment |
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Income |
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NO
ACTIVITY |
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Other:_________________ |
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Total
Federal Taxes |
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State and
Local |
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Withholding |
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Sales |
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Excise |
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Unemployment |
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Real Property |
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Personal Property |
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Other:_________________ |
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Total
State and Local |
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Total Taxes |
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SUMMARY OF UNPAID POSTPETITION DEBTS
Attach aged listing of accounts payable.
| |
| | |
Number of Days Past Due | | |
| |
| |
Current | | |
0-30 | | |
31-60 | | |
61-90 | | |
Over 90 | | |
Total | |
Accounts Payable | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Wages Payable | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Taxes Payable | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Rent/Leases-Building | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Rent/Leases-Equipment | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Secured Debt/Adequate Protection Payments | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Professional Fees | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Amounts Due to Insiders* | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Other:__________________________ | |
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$ | - | |
Other:__________________________ | |
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$ | - | |
Total Postpetition Debts | |
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| | | |
| | | |
| | | |
| | | |
$ | - | |
Explain how and when the Debtor intends to pay any past-due
postpetition debts.
*"Insider" is defined in 11 U.S.C. Section 101(31).
FORM MOR-4
(04/07)
In
re: Axion International Holdings, Inc. |
Case
No.: 15-12416 |
Debtor |
Reporting
Period: February 2016 |
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING
Accounts Receivable Reconciliation | |
| | |
Amount | |
Total Accounts Receivable at the beginning of the reporting period | |
| | | |
$ | - | | |
| | |
+ Amounts billed during the period | |
| | | |
$ | - | | |
| | |
- Amounts collected during the period | |
| NO ACTIVITY | | |
| | |
Total Accounts Receivable at the end of the reporting period | |
| | | |
$ | - | | |
| | |
Accounts Receivable Aging | |
| | |
Amount | |
0 - 30 days old | |
| | | |
$ | - | | |
| | |
31 - 60 days old | |
| | | |
$ | - | | |
| | |
61 - 90 days old | |
| | | |
$ | - | | |
| | |
91+ days old | |
| | | |
$ | - | | |
| | |
Total Accounts Receivable | |
| | | |
$ | - | | |
| | |
Amount considered uncollectible (Bad Debt) | |
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$ | - | | |
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Accounts Receivable (Net) | |
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$ | - | | |
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DEBTOR QUESTIONNAIRE
Must
be completed each month |
|
Yes |
|
No |
1. Have any assets
been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below. |
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No |
2. Have any funds
been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation
below. |
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No |
3. Have all postpetition
tax returns been timely filed? If no, provide an explanation below. |
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Yes |
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4. Are workers
compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below. |
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Yes
(a) |
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5. Has any bank
account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment
account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3. |
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No |
(a) - no employees employed under this debtor, but all employees
for related debtor have all coverages in place.
FORM MOR-5
(04/07)
EXHIBIT 99.2
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
In
re: Axion International, Inc. |
Case
No.: 15-12415 |
|
Reporting
Period: February 2016 |
MONTHLY OPERATING REPORT
File with Court and submit copy to United
States Trustee within 20 days after end of month
Submit copy of report to any official committee appointed in the
case.
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Document |
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Explanation |
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Affidavit/Supplement |
REQUIRED
DOCUMENTS |
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Form
No. |
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Attached |
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Attached |
|
Attached |
Schedule of Cash Receipts and Disbursements |
|
MOR-1 |
|
Y |
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Y |
Bank Reconciliation
(or copies of debtor's bank reconciliations) |
|
MOR-1a |
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Y |
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Schedule of
Professional Fees Paid |
|
MOR-1b |
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Y |
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Copies of bank
statements |
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Y |
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Cash disbursements
journals |
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Y |
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Statement of Operations |
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MOR-2 |
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Y |
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Y |
Balance Sheet |
|
MOR-3 |
|
Y |
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Y |
Status of Postpetition Taxes |
|
MOR-4 |
|
Y |
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Copies of IRS
Form 6123 or payment receipt |
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N |
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Copies of tax
returns filed during reporting period |
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N |
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Summary of Unpaid Postpetition Debts |
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MOR-4 |
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Y |
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Listing of
aged accounts payable |
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MOR-4 |
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Y |
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Accounts Receivable Reconciliation and
Aging |
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MOR-5 |
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Y |
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Debtor Questionnaire |
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MOR-5 |
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Y |
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I declare under penalty of perjury (28 U.S.C. Section 1746) that
this report and the attached documents are true and correct to the best of my knowledge and belief.
/s/
Donald W. Fallon |
|
March
18, 2016 |
Signature of Debtor |
|
Date |
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/s/
Donald W. Fallon |
|
March
18, 2016 |
Signature of Joint Debtor |
|
Date |
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/s/
Donald W. Fallon |
|
March
18, 2016 |
Signature of Authorized Individual* |
|
Date |
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Donald
W. Fallon |
|
CFO
& Treasurer |
Printed Name of Authorized Individual |
|
Title of Authorized
Individual |
*Authorized individual must be an officer, director or shareholder
if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.
MOR
(04/07)
In re Axion International,
Inc. |
Case No. 15-12415
(15-12416 & 15-12417) |
Debtor |
Reporting
Period: February 2016 |
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
Amounts reported should be per the debtor's
books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report,
the amount should be the balance on the date the petition was filed. The amounts reported in the "CURRENT MONTH - ACTUAL"
column must equal the sum of the four bank account columns. The amounts reported in the "PROJECTED" columns should be
taken from the SMALL BUSINESS INITIAL REPORT (FORM IR-1) . Attach copies of the bank statements and the cash disbursements journal.
The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation
must be attached for each account. [See MOR-1 (CON'T)]
| |
BANK
ACCOUNTS | | |
CURRENT
MONTH | | |
CUMULATIVE
FILING TO DATE | |
| |
OPER. | | |
PAYROLL | | |
| | |
Utility Dep | | |
ACTUAL | | |
PROJECTED | | |
ACTUAL | | |
PROJECTED | |
CASH BEGINNING OF MONTH | |
$ | 614,929 | | |
$ | 4,342 | | |
| | | |
$ | 9,499 | | |
$ | 628,770 | | |
$ | 621,391 | | |
$ | 36,452 | | |
$ | 188,571 | |
| |
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| | |
RECEIPTS | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
CASH SALES | |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
| | | |
| | |
ACCOUNTS RECEIVABLE | |
$ | 730,888 | | |
| | | |
| | | |
| | | |
$ | 730,888 | | |
$ | 730,888 | | |
$ | 3,184,052 | | |
$ | 3,225,637 | |
LOANS AND ADVANCES | |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
$ | 175,000 | | |
$ | 650,000 | | |
$ | 675,000 | |
SALE OF ASSETS | |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
$ | 47,500 | | |
| | |
OTHER (ATTACH LIST) | |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
$ | (5,727 | ) | |
| | |
TRANSFERS (FROM DIP ACCTS) | |
| | | |
$ | 345,000 | | |
| | | |
| | | |
$ | 345,000 | | |
| | | |
$ | 478,999 | | |
| | |
MISCELLANEOUS | |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
$ | 8 | | |
| | |
TOTAL RECEIPTS | |
$ | 730,888 | | |
$ | 345,000 | | |
$ | - | | |
$ | - | | |
$ | 1,075,888 | | |
$ | 905,888 | | |
$ | 4,354,831 | | |
$ | 3,900,637 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
DISBURSEMENTS | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
NET PAYROLL | |
| | | |
$ | 250,224 | | |
| | | |
| | | |
$ | 250,224 | | |
$ | 349,105 | | |
$ | 786,578 | | |
$ | 1,092,213 | |
PAYROLL TAXES | |
| | | |
$ | 98,904 | | |
| | | |
| | | |
$ | 98,904 | | |
| | | |
$ | 305,502 | | |
| | |
EMPLOYEE BENEFITS | |
$ | 34,661 | | |
$ | (23 | ) | |
| | | |
| | | |
$ | 34,638 | | |
$ | 34,880 | | |
$ | 130,111 | | |
$ | 130,196 | |
SALES, USE, & OTHER TAXES | |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
$ | - | | |
| | |
INVENTORY PURCHASES | |
$ | 610,946 | | |
| | | |
| | | |
| | | |
$ | 610,946 | | |
$ | 624,566 | | |
$ | 1,434,748 | | |
$ | 1,448,367 | |
SECURED/ RENTAL/ LEASES | |
$ | 50,525 | | |
| | | |
| | | |
| | | |
$ | 50,525 | | |
$ | 50,525 | | |
$ | 149,946 | | |
$ | 149,946 | |
INSURANCE | |
$ | 8,936 | | |
| | | |
| | | |
| | | |
$ | 8,936 | | |
$ | 8,936 | | |
$ | 166,411 | | |
$ | 166,411 | |
ADMINISTRATIVE | |
$ | 6,144 | | |
$ | 25 | | |
| | | |
| | | |
$ | 6,169 | | |
$ | 8,672 | | |
$ | 25,792 | | |
$ | 28,793 | |
SELLING | |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
$ | - | | |
| | |
OTHER (ATTACH LIST) | |
$ | 237,576 | | |
| | | |
| | | |
| | | |
$ | 237,576 | | |
$ | 292,124 | | |
$ | 684,781 | | |
$ | 782,661 | |
| |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
$ | - | | |
| | |
OWNER DRAW * | |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
$ | - | | |
| | |
TRANSFERS (TO DIP ACCTS) | |
$ | 345,000 | | |
| | | |
| | | |
| | | |
$ | 345,000 | | |
| | | |
$ | 478,999 | | |
| | |
| |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
$ | - | | |
| | |
PROFESSIONAL FEES | |
$ | 50,000 | | |
| | | |
| | | |
| | | |
$ | 50,000 | | |
| | | |
$ | 209,525 | | |
$ | 125,000 | |
U.S. TRUSTEE QUARTERLY FEES | |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
$ | 7,150 | | |
$ | 7,150 | |
COURT COSTS | |
| | | |
| | | |
| | | |
| | | |
$ | - | | |
| | | |
$ | - | | |
| | |
TOTAL DISBURSEMENTS | |
$ | 1,343,788 | | |
$ | 349,130 | | |
$ | - | | |
$ | - | | |
$ | 1,692,918 | | |
$ | 1,368,808 | | |
$ | 4,379,543 | | |
$ | 3,930,737 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
NET CASH FLOW | |
$ | (612,900 | ) | |
$ | (4,130 | ) | |
$ | - | | |
$ | - | | |
$ | (617,030 | ) | |
$ | (462,920 | ) | |
$ | (24,712 | ) | |
$ | (30,100 | ) |
(RECEIPTS LESS DISBURSEMENTS) | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
CASH - END OF MONTH | |
$ | 2,029 | | |
$ | 212 | | |
$ | - | | |
$ | 9,499 | | |
$ | 11,740 | | |
$ | 158,471 | | |
$ | 11,740 | | |
$ | 158,471 | |
* COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY
ESTATE
THE FOLLOWING SECTION MUST BE COMPLETED
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM
CURRENT MONTH ACTUAL COLUMN) | |
| |
TOTAL DISBURSEMENTS | |
$ | 1,692,918 | |
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS | |
$ | (345,000 | ) |
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts) | |
$ | | |
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES | |
$ | 1,347,918 | |
FORM MOR-1
(04/07)
In
re Axion International, Inc. |
Case
No. 15-12415 (15-12416 & 15-12417) |
Debtor
|
Reporting
Period: February 2016 |
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
CASH BEGINNING OF MONTH - 11/30/15 vs 12/2/15 |
| |
OPER | | |
PAYROLL | | |
Combined | |
Balance at 11/30/15 per Bank Reconciliation | |
| 133,852 | | |
| 569 | | |
| | |
12/1/2015 transactions (prepetition) | |
| (97,969 | ) | |
| | | |
| | |
Cash December 2, 2015, per this Schedule | |
| 35,883 | | |
| 569 | | |
| 36,452 | |
Other Receipts List: | |
Month | | |
Cumu | |
AR Terms Discounts | |
$ | - | | |
$ | (5,727 | ) |
Other Disbursements List: |
| |
Actual | | |
Projection | |
Description | |
Month | | |
Cumu | | |
Month | | |
Cumu | |
Utility Deposits | |
$ | - | | |
$ | 26,453 | | |
$ | - | | |
$ | 35,951 | |
Freight | |
| 82,135 | | |
| 205,929 | | |
| 82,135 | | |
| 203,981 | |
Operating Expenses - Texas Facility | |
| 68,193 | | |
| 153,300 | | |
| 71,647 | | |
| 158,703 | |
Operating Expenses - Ohio Facility | |
| 32,141 | | |
| 52,158 | | |
| 39,650 | | |
| 59,667 | |
Emergency Repairs - Texas facility | |
| 1,677 | | |
| 45,508 | | |
| 1,677 | | |
| 45,508 | |
Restart Extruder #1 - Texas Facility | |
| - | | |
| 5,199 | | |
| 25,000 | | |
| 30,199 | |
Legal - commercial/corporate counsel | |
| - | | |
| 498 | | |
| - | | |
| - | |
Claims Agent | |
| 18,632 | | |
| 18,632 | | |
| 18,632 | | |
| 53,156 | |
Audit & Tax Professional | |
| - | | |
| - | | |
| - | | |
| - | |
Interest - State of Ohio laon | |
| - | | |
| - | | |
| - | | |
| - | |
Interest - DiP Loan | |
| - | | |
| - | | |
| - | | |
| - | |
S/U tax remittence | |
| - | | |
| 195 | | |
| | | |
| - | |
Rutgers Royalty Payment | |
| - | | |
| 75,922 | | |
| | | |
| 75,922 | |
Real & Personal Property Taxe | |
| 34,798 | | |
| 100,987 | | |
| 34,798 | | |
| 100,988 | |
Budget Variance @ 10% | |
| - | | |
| - | | |
| 18,586 | | |
| 18,586 | |
TOTAL | |
$ | 237,576 | | |
$ | 684,781 | | |
$ | 292,125 | | |
$ | 782,661 | |
PAYROLLS |
Description | |
Actual | | |
Cash Accts | | |
Projected | |
| |
2/12/16 | | |
2/26/16 | | |
Total | | |
Operating | | |
Payroll | | |
Month | | |
Cumu | |
| |
| | |
| | |
| | |
| | |
| | |
| | |
| |
Payroll | |
$ | 125,920 | | |
$ | 107,751 | | |
$ | 233,670 | | |
| | | |
| 233,670 | | |
| | | |
| | |
Fee | |
| 1,721 | | |
| 1,202 | | |
| 2,923 | | |
| | | |
| 2,923 | | |
| | | |
| | |
401(k) | |
| 2,732 | | |
| 2,895 | | |
| 5,627 | | |
| | | |
| 5,627 | | |
| | | |
| | |
Garnishments | |
| 4,137 | | |
| 3,867 | | |
| 8,003 | | |
| | | |
| 8,003 | | |
| | | |
| | |
Taxes | |
| 54,254 | | |
| 44,650 | | |
| 98,904 | | |
| | | |
| 98,904 | | |
| | | |
| | |
AFLAC | |
| | | |
| | | |
| - | | |
| | | |
| | | |
| | | |
| | |
Health | |
| | | |
| 27,425 | | |
| 27,425 | | |
| 27,425 | | |
| | | |
| | | |
| | |
Dental | |
| | | |
| 1,933 | | |
| 1,933 | | |
| 1,933 | | |
| | | |
| | | |
| | |
Life | |
| | | |
| 252 | | |
| 252 | | |
| 252 | | |
| | | |
| | | |
| | |
HSA Reimb | |
| (23 | ) | |
| | | |
| (23 | ) | |
| | | |
| (23 | ) | |
| | | |
| | |
TX workers comp | |
| | | |
| 5,051 | | |
| 5,051 | | |
| 5,051 | | |
| | | |
| | | |
| | |
OH workers comp | |
| | | |
| | | |
| - | | |
| | | |
| | | |
| | | |
| | |
TOTAL | |
$ | 188,741 | | |
$ | 195,025 | | |
$ | 383,766 | | |
$ | 34,661 | | |
$ | 349,105 | | |
| | | |
| | |
| |
| | | |
| | | |
| | | |
| | | |
| - | | |
| | | |
| | |
Net Payroll | |
$ | 134,510 | | |
$ | 115,714 | | |
$ | 250,224 | | |
| | | |
$ | 250,224 | | |
$ | 349,105 | | |
$ | 1,092,213 | |
Payroll Taxes | |
| 54,254 | | |
| 44,650 | | |
| 98,904 | | |
| | | |
| 98,904 | | |
| - | | |
| | |
Employee Benefits | |
| (23 | ) | |
| 34,661 | | |
| 34,638 | | |
| 34,661 | | |
| (23 | ) | |
| 34,880 | | |
| 130,196 | |
TOTAL | |
$ | 188,741 | | |
$ | 195,025 | | |
$ | 383,766 | | |
$ | 34,661 | | |
$ | 349,105 | | |
$ | 383,985 | | |
$ | 1,222,409 | |
FORM MOR-1
(04/07)
In
re Axion International, Inc. |
Case
No. 15-12415 (15-12416 & 15-12417) |
Debtor |
Reporting
Period: February 2016 |
Month: |
February
29, 2016 |
|
|
GL Account # |
|
CZ1060 |
General Ledger Reconciliation | |
Per the Bank |
| |
| | |
| | |
| |
| |
Balance per GL- Begin of Period | |
| | | |
$ | 614,209.27 | | |
Ending Balance per Bank Statement | |
$ | 259,067.42 | |
| |
| | | |
| | | |
| |
| | |
Plus: | |
| | | |
| 888,882.04 | | |
Plus: Outstanding Deposits | |
| | |
Deposits | |
| 888,815.89 | | |
| | | |
| |
| | |
AJE for incorrect recording of | |
| | | |
| | | |
| |
| | |
reimbursement for emp expenses | |
| 66.15 | | |
| 0229PNCOA AJE | | |
| |
| | |
| |
| | | |
| | | |
| |
| | |
Less: | |
| | | |
| (1,350,253.72 | ) | |
Less: Outstanding Disbursements | |
| (106,229.83 | ) |
Disbursements | |
| 1,004,905.22 | | |
| | | |
| |
| | |
Bank Charges | |
| 348.50 | | |
| 0229PNCOA | | |
| |
| | |
Transfer to Other Acct - AXI PNC PR | |
| 345,000.00 | | |
| 0229PNCPA | | |
| |
| | |
| |
| | | |
| | | |
| |
| | |
Balance per GL - End of Period | |
| | | |
$ | 152,837.59 | | |
Reconciled Balance per the Bank | |
$ | 152,837.59 | |
| |
| | | |
| | | |
Difference | |
| (0.00 | ) |
Outstanding Disbursements: |
AP CK# | |
| |
AP Amount | |
11488 | |
LOOP 340 OVERHEAD DOOR | |
| 20,322.98 | |
11542 | |
U.S. PRODUCTS CO, INC. | |
| 4,044.90 | |
11570 | |
ANTHEM BCBS OH GROUP | |
| 27,425.09 | |
11571 | |
ANTHEM DENTAL | |
| 1,933.22 | |
11572 | |
ANTHEM LIFE | |
| 252.00 | |
11573 | |
CHEM-AQUA, INC. | |
| 583.00 | |
11574 | |
CINTAS CORPORATION | |
| 130.65 | |
11575 | |
CITY OF WACO WATER OFFICE | |
| 1,544.13 | |
11576 | |
COASTAL COMPOUNDED RESINS | |
| 9,036.80 | |
11577 | |
COMDOC | |
| 206.36 | |
11578 | |
DIRECT ENERGY BUSINESS | |
| 30,794.23 | |
11579 | |
GILBERT + TOBIN | |
| 197.93 | |
11580 | |
KOORSEN FIRE & SECURITY | |
| 225.19 | |
11581 | |
LIFT LEASE & FINANCE CORP | |
| 6,608.74 | |
11582 | |
RING CENTRAL | |
| 1,092.27 | |
11583 | |
AMERIGAS | |
| 328.47 | |
EWDEBIT 022916-1 | |
TUBES N HOSES OF WACO | |
| 118.73 | |
EWDEBIT 022916-2 | |
CRAWFORD ELECTRIC SUPPLY | |
| 601.73 | |
EWDEBIT 022916-3 | |
PRO HEAT INC. | |
| 342.55 | |
EWDEBIT 022916-4 | |
RICHARDS SUPPLY COMPANY | |
| 440.86 | |
| |
| |
| 106,229.83 | |
In
re Axion International, Inc. |
Case
No. 15-12415 (15-12416 & 15-12417) |
Debtor
|
Reporting
Period: February 2016 |
Month: |
February
28, 2016 |
|
|
GL Account # |
|
CZ1070 |
General
Ledger Reconciliation | |
GL Entry # | |
Per
the Bank |
| |
| | |
| | |
| |
| |
| |
Balance per GL- Begin of Period | |
| | | |
$ | 4,294.09 | | |
| |
Ending Balance per Bank Statement | |
$ | 2,331.66 | |
| |
| | | |
| | | |
| |
| |
| | |
Plus: | |
| | | |
| 346,994.51 | | |
| |
Plus: Outstanding Deposits | |
| - | |
Deposits | |
| 190,000.00 | | |
| | | |
0229PNCPA | |
| |
| | |
| |
| 155,000.00 | | |
| | | |
0229PNCPA | |
| |
| | |
Other Deposit: | |
| 1,971.44 | | |
| | | |
ACCT ADJ AJE | |
| |
| | |
Paychex refund of taxes | |
| 23.07 | | |
| | | |
| |
| |
| | |
| |
| | | |
| | | |
| |
| |
| | |
Less: | |
| | | |
| (349,360.05 | ) | |
| |
Less: Outstanding Disbursements | |
| | |
Disbursements | |
| 349,164.04 | | |
| | | |
| |
Disbursements (Column 1) | |
| (403.11 | ) |
Paychex Fee | |
| 171.00 | | |
| | | |
| |
| |
| | |
Service Fee | |
| 25.00 | | |
| | | |
0229PNCPA | |
| |
| | |
FSA Reimbursement to Bob Combs | |
| 0.01 | | |
| | | |
| |
| |
| | |
- This was a check issued by Paychex - ck # 500000005 | | |
| | | |
| |
| |
| | |
| |
| | | |
| | | |
| |
| |
| | |
Balance per GL - End of Period | |
| | | |
$ | 1,928.55 | | |
| |
Reconciled Balance per the Bank | |
$ | 1,928.55 | |
| |
| | | |
| | | |
| |
Difference | |
| (0.00 | ) |
| |
| | | |
| | | |
| |
| |
| | |
Outstanding Deposits: | |
| | | |
| | | |
| |
FSA balance in account | |
| 403.11 | |
| |
| | | |
| | | |
| |
| |
| | |
| |
| | | |
| | | |
| |
Total Outstanding Checks: | |
| 403.11 | |
In
re Axion International, Inc. |
Case
No. 15-12415 (15-12416 & 15-12417) |
Debtor
|
Reporting
Period: February 2016 |
Month: |
February
1, 2016 |
|
|
GL Account # |
|
CZ1080 |
General Ledger Reconciliation | |
Per the Bank |
| |
| | |
| | |
| |
| |
Balance per GL- Begin of Period | |
| | | |
$ | 9,498.56 | | |
Ending Balance per Bank Statement | |
$ | 9,498.56 | |
| |
| | | |
| | | |
| |
| | |
Plus: | |
| | | |
| - | | |
Plus: Outstanding Deposits | |
| | |
Deposits | |
| - | | |
| | | |
| |
| | |
| |
| | | |
| | | |
| |
| | |
Less: | |
| | | |
| - | | |
Less: Outstanding Disbursements | |
| - | |
Disbursements | |
| - | | |
| | | |
| |
| | |
| |
| | | |
| | | |
| |
| | |
Balance per GL - End of Period | |
| | | |
$ | 9,498.56 | | |
Reconciled Balance per the Bank | |
$ | 9,498.56 | |
| |
| | | |
| | | |
Difference | |
| - | |
In
re Axion International, Inc. |
Case
No. 15-12415 (15-12416 & 15-12417) |
Debtor |
Reporting Period:
February 2016 |
SCHEDULE OF PROFESSIONAL FEES AND EXPENSES
PAID
This schedule is to include all retained professional
payments from case inception to current month
|
|
|
|
Amount |
|
|
|
Check |
|
Amount
Paid |
|
Year-To-Date |
Payee |
|
Period
Covered |
|
Approved |
|
Payor |
|
Number
|
|
Date
|
|
Fees |
|
Expenses |
|
Fees |
|
Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gordian Partners |
|
(a) |
|
$ 200,000
|
|
AXI |
|
WT |
|
2/26/16 |
|
$ 50,000 |
|
$ - |
|
$ 50,000 |
|
$ - |
|
|
|
|
|
|
|
|
|
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Professional fees
listed on MOR-1 is based on estimated fees and was transferred to Bayard’s trust account in anticipation of payment of these
fees. MOR-1b will be updated with actual payments when they are disbursed from the trust account.
(a) - Approved investment banking fee of $200,000 agreed to be
paid over the period comprising the weeks ended 2/26, 3/4, 3/11 and 5/6 at $50,000 each.
FORM MOR-1b
(04/07)
AXION
INTERNATIONAL INC |
|
|
General
Ledger |
|
Cash
Journals |
For
the Period From Feb 1, 2016 to Feb 29, 2016 |
|
|
|
|
|
|
Filter Criteria includes:
Report order is by ID. Report is printed with shortened descriptions and in Detail Format. |
|
|
|
|
|
|
Account
ID |
Account
Description |
Date |
Reference |
Jrnl |
Trans
Description |
Debit
Amt |
Credit
Amt |
Balance |
|
CRJ |
CDJ |
Trfs |
PR |
Recon |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
|
|
Beginning Balance |
|
|
614,209.27 |
|
|
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
ACH 020116 |
CDJ |
AFLAC |
|
218.76 |
|
|
|
|
|
(218.76) |
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
WT 020116 PNC |
CDJ |
AMINO TRANSPORT |
|
2,375.00 |
|
|
|
(2,375.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
EWDEBIT 020116 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
267.95 |
|
|
|
(267.95) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
EWDEBIT 020116-1 |
CDJ |
HOME DEPOT |
|
33.71 |
|
|
|
(33.71) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
EWDEBIT 020116-2 |
CDJ |
HYDRADYNE, LLC |
|
293.38 |
|
|
|
(293.38) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
EWDEBIT 020116-3 |
CDJ |
RACEWAY |
|
15.00 |
|
|
|
(15.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
EWDEBIT 020116-4 |
CDJ |
TRACTOR SUPPLY CO |
|
53.24 |
|
|
|
(53.24) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
251089884 |
CRJ |
CBIZ VALUATION GROUP, LLC |
3,000.00 |
|
|
|
|
3,000.00 |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
EWDEBIT 020116-5 |
CDJ |
ONLINE COMPONENTS.COM |
|
131.39 |
|
|
|
(131.39) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
DEBIT 020116 |
CDJ |
TAX FORM FILING SERVICES |
|
3.60 |
|
|
|
(3.60) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
DEBIT 020116-1 |
CDJ |
TAX FORM FILING SERVICES |
|
19.20 |
|
|
|
(19.20) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
DEBIT 020116-2 |
CDJ |
TAX FORM FILING SERVICES |
|
21.60 |
|
|
|
(21.60) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/1/16 |
EWDEBIT 020116-6 |
CDJ |
ONLINE COMPONENTS.COM |
|
246.88 |
|
|
|
(246.88) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/2/16 |
WT 020216 PNC |
CDJ |
AMINO TRANSPORT |
|
550.00 |
|
|
|
(550.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/2/16 |
WT 020216-1 PNC |
CDJ |
COLL OH RE HOLDINGS LLC. |
|
27,318.18 |
|
|
|
(27,318.18) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/2/16 |
WT 020216-2 PNC |
CDJ |
WACO AMIGOS REAL ESTATE LLC |
|
23,207.19 |
|
|
|
(23,207.19) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/2/16 |
EWDEBIT 020216 |
CDJ |
CENTURY SAW & TOOL |
|
26.30 |
|
|
|
(26.30) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/2/16 |
EWDEBIT 020216-1 |
CDJ |
CRAWFORD ELECTRIC SUPPLY |
|
919.52 |
|
|
|
(919.52) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/2/16 |
EWDEBIT 020216-2 |
CDJ |
HOME DEPOT |
|
92.39 |
|
|
|
(92.39) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/2/16 |
EWDEBIT 020216-3 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
267.95 |
|
|
|
(267.95) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/2/16 |
EWDEBIT 020216-4 |
CDJ |
HYDRADYNE, LLC |
|
249.03 |
|
|
|
(249.03) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/2/16 |
EWDEBIT 020216-5 |
CDJ |
RADWELL INTERNATIONAL INC |
|
263.50 |
|
|
|
(263.50) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/3/16 |
ACH 020316 PNC |
CRJ |
EASTERN RAIL CORPORATION |
12,487.20 |
|
|
|
12,487.20 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/3/16 |
DEBIT 020316 |
CDJ |
ZORO.COM |
|
190.51 |
|
|
|
(190.51) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/3/16 |
EWDEBIT 020316 |
CDJ |
MURPHY USA |
|
30.00 |
|
|
|
(30.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/3/16 |
EWDEBIT 020316-1 |
CDJ |
OFFICE DEPOT |
|
212.65 |
|
|
|
(212.65) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/3/16 |
EWDEBIT 020316-2 |
CDJ |
WALMART |
|
163.73 |
|
|
|
(163.73) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/3/16 |
EWDEBIT 020316-3 |
CDJ |
UNIVERSAL FOREST PRODUCT |
|
947.52 |
|
|
|
(947.52) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/3/16 |
EWDEBIT 020316-4 |
CDJ |
RADWELL INTERNATIONAL INC |
|
192.80 |
|
|
|
(192.80) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/3/16 |
EWDEBIT 020316-5 |
CDJ |
ZORO.COM |
|
686.42 |
|
|
|
(686.42) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
WT 020416 PNC |
CRJ |
ALCOA FASTENING SYSTEMS |
29,877.12 |
|
|
|
29,877.12 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11518 |
CDJ |
ADVANCED POLYMERS SUPPLY INC. |
|
10,235.70 |
|
|
|
(10,235.70) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11519 |
CDJ |
AMERIGAS |
|
492.41 |
|
|
|
(492.41) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11520 |
CDJ |
ASSOCIATION OF OHIO RECYCLERS |
|
300.00 |
|
|
|
(300.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11521 |
CDJ |
ATMOS ENERGY |
|
318.05 |
|
|
|
(318.05) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11522 |
CDJ |
NETWORK BILLING SYSTEM, LLC. |
|
97.59 |
|
|
|
(97.59) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11523 |
CDJ |
CINTAS CORPORATION |
|
1,770.07 |
|
|
|
(1,770.07) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11524 |
CDJ |
COASTAL COMPOUNDED RESINS |
|
8,147.20 |
|
|
|
(8,147.20) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11525 |
CDJ |
COASTAL COMPOUNDED RESINS |
|
4,430.40 |
|
|
|
(4,430.40) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11526 |
CDJ |
COMPUTERSHARE |
|
697.74 |
|
|
|
(697.74) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11527 |
CDJ |
COSHOCTON ENVIRONMENTAL TESTIN |
|
60.00 |
|
|
|
(60.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11527V |
CDJ |
COSHOCTON ENVIRONMENTAL TESTIN |
60.00 |
|
|
|
|
60.00 |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11528 |
CDJ |
COSHOCTON ENVIRONMENTAL TESTIN |
|
60.00 |
|
|
|
(60.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11529 |
CDJ |
FORD CREDIT |
|
506.48 |
|
|
|
(506.48) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11530 |
CDJ |
KERRY D. IRONS, M.D., P.A. |
|
28.00 |
|
|
|
(28.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11531 |
CDJ |
MICROSOFT |
|
1,454.32 |
|
|
|
(1,454.32) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11532 |
CDJ |
MUSKINGUM COUNTY UTILITIES |
|
1,634.00 |
|
|
|
(1,634.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11533 |
CDJ |
PITNEY BOWES GLOBAL FINANCIAL |
|
31.52 |
|
|
|
(31.52) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11534 |
CDJ |
SUNBELT RENTALS |
|
1,274.67 |
|
|
|
(1,274.67) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11535 |
CDJ |
TERMINIX |
|
48.26 |
|
|
|
(48.26) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11536 |
CDJ |
UPS |
|
25.14 |
|
|
|
(25.14) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11537 |
CDJ |
VINTAGE FILINGS |
|
570.00 |
|
|
|
(570.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
11538 |
CDJ |
GILBERT + TOBIN |
|
1,929.22 |
|
|
|
(1,929.22) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
WT 020416 PNC |
CDJ |
AMINO TRANSPORT |
|
2,000.00 |
|
|
|
(2,000.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
WT 020416-1 PNC |
CDJ |
EMERALD PACIFIC RESOURCES |
|
60,172.00 |
|
|
|
(60,172.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
WT 020416-2 PNC |
CDJ |
J.B. HUNT TRANSPORT, INC. |
|
15,955.00 |
|
|
|
(15,955.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
WT 020416-3 PNC |
CDJ |
GP HARMON RECYCLING LLC |
|
85,875.35 |
|
|
|
(85,875.35) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
WT 020416-4 PNC |
CDJ |
SCHNEIDER NATIONAL, INC. |
|
3,540.00 |
|
|
|
(3,540.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
ACH 020416-1 PNC |
CRJ |
RAILWORKS TRACK SYSTEMS - SOUT |
40,450.00 |
|
|
|
40,450.00 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
EWDEBIT 020416 |
CDJ |
HOME DEPOT |
|
10.68 |
|
|
|
(10.68) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
EWDEBIT 020416-1 |
CDJ |
HARBOR FREIGHT TOOLS |
|
21.64 |
|
|
|
(21.64) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
EWDEBIT 020416-2 |
CDJ |
GRAYBAR |
|
78.03 |
|
|
|
(78.03) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
EWDEBIT 020416-3 |
CDJ |
HOME DEPOT |
|
79.36 |
|
|
|
(79.36) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
EWDEBIT 020416-4 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
249.50 |
|
|
|
(249.50) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
EWDEBIT 020416-5 |
CDJ |
SIMS PLASTICS OF WACO |
|
196.15 |
|
|
|
(196.15) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
EWDEBIT 020416-6 |
CDJ |
ZORO.COM |
|
19.67 |
|
|
|
(19.67) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
EWDEBIT 020416-7 |
CDJ |
PRO HEAT INC. |
|
2,439.50 |
|
|
|
(2,439.50) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/4/16 |
EWDEBIT 020416-8 |
CDJ |
ZORO.COM |
|
499.00 |
|
|
|
(499.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/5/16 |
EWDEBIT 020516 |
CDJ |
GRAYBAR |
|
165.19 |
|
|
|
(165.19) |
|
|
|
General
Ledger |
|
Cash
Journals |
For
the Period From Feb 1, 2016 to Feb 29, 2016 |
|
|
|
|
|
|
Filter
Criteria includes: Report order is by ID. Report is printed with shortened descriptions and in Detail Format. |
|
|
|
|
|
|
Account
ID |
Account
Description |
Date |
Reference |
Jrnl |
Trans
Description |
Debit
Amt |
Credit
Amt |
Balance |
|
CRJ |
CDJ |
Trfs |
PR |
Recon |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/5/16 |
EWDEBIT 020516-1 |
CDJ |
HARBOR FREIGHT TOOLS |
|
73.51 |
|
|
|
(73.51) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/5/16 |
DEBIT 020516 |
CDJ |
WALMART |
|
95.68 |
|
|
|
(95.68) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/5/16 |
EWDEBIT 020516-2 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
267.95 |
|
|
|
(267.95) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/5/16 |
EWDEBIT 020516-3 |
CDJ |
GRAYBAR |
|
78.52 |
|
|
|
(78.52) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/5/16 |
DEBIT 020516-1 |
CDJ |
STAPLES |
|
54.67 |
|
|
|
(54.67) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/5/16 |
EWDEBIT 020516-4 |
CDJ |
GRAYBAR |
|
78.03 |
|
|
|
(78.03) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/8/16 |
11539 |
CDJ |
LIFT TRUCK SUPPLY, INC. |
|
429.40 |
|
|
|
(429.40) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/8/16 |
WT 020816 PNC |
CDJ |
AMINO TRANSPORT |
|
3,600.00 |
|
|
|
(3,600.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/8/16 |
WT 020816-1 PNC |
CDJ |
EOVATIONS |
|
37,350.00 |
|
|
|
(37,350.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/8/16 |
EWDEBIT 020816 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
401.93 |
|
|
|
(401.93) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/8/16 |
EWDEBIT 020816-1 |
CDJ |
MARTIN TOOL & SUPPLY |
|
252.94 |
|
|
|
(252.94) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/9/16 |
15366 |
CRJ |
AMERICAN PLASTIC LUMBER INC |
2,500.00 |
|
|
|
2,500.00 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/9/16 |
DEBIT 020916 |
CDJ |
ZANE FEED AND SUPPLY |
|
53.58 |
|
|
|
(53.58) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/9/16 |
DEBIT 020916-1 |
CDJ |
SUNRISE DO IT CENTER LLC |
|
12.85 |
|
|
|
(12.85) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/9/16 |
DEBIT 020916-2 |
CDJ |
SUNRISE DO IT CENTER LLC |
|
3.20 |
|
|
|
(3.20) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/9/16 |
EWDEBIT 020916 |
CDJ |
HARBOR FREIGHT TOOLS |
|
38.08 |
|
|
|
(38.08) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/9/16 |
EWDEBIT 020916-2 |
CDJ |
HYDRADYNE, LLC |
|
282.87 |
|
|
|
(282.87) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/9/16 |
DEBIT 020916-3 |
CDJ |
SAS BEARINGS, INC. |
|
20.60 |
|
|
|
(20.60) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/9/16 |
EWDEBIT 020916-3 |
CDJ |
RICHARDS SUPPLY COMPANY |
|
89.48 |
|
|
|
(89.48) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/9/16 |
EWDEBIT 020916-4 |
CDJ |
PI TAPE TEXAS, LLC |
|
160.59 |
|
|
|
(160.59) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/10/16 |
11540 |
CDJ |
SAMUEL G. ROSE |
|
747.28 |
|
|
|
(747.28) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/10/16 |
EWDEBIT 020916-1 |
CDJ |
HOME DEPOT |
|
53.69 |
|
|
|
(53.69) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/10/16 |
110071 |
CRJ |
SAMUEL G. ROSE |
747.28 |
|
|
|
|
747.28 |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/10/16 |
EWDEBIT 021016 |
CDJ |
HOME DEPOT |
|
12.28 |
|
|
|
(12.28) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11541 |
CDJ |
SIDWELL MATERIALS, INC. |
|
3,352.80 |
|
|
|
(3,352.80) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
DEBIT 021116 |
CDJ |
TRACTOR SUPPLY CO |
|
37.46 |
|
|
|
(37.46) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
DEBIT 021116-1 |
CDJ |
LOWE'S HOME CENTERS, LLC |
|
19.99 |
|
|
|
(19.99) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11542 |
CDJ |
U.S. PRODUCTS CO, INC. |
|
4,044.90 |
|
|
|
(4,044.90) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11543 |
CDJ |
ADVANCED POLYMERS SUPPLY INC. |
|
11,817.55 |
|
|
|
(11,817.55) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11544 |
CDJ |
AMERICAN ELECTRIC POWER |
|
145.49 |
|
|
|
(145.49) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11545 |
CDJ |
CINTAS CORPORATION |
|
180.62 |
|
|
|
(180.62) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11546 |
CDJ |
COASTAL COMPOUNDED RESINS |
|
12,514.40 |
|
|
|
(12,514.40) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11547 |
CDJ |
COMDOC, INC. |
|
236.06 |
|
|
|
(236.06) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11548 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
25.54 |
|
|
|
(25.54) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11549 |
CDJ |
THE ENERGY COOPERATIVE |
|
403.64 |
|
|
|
(403.64) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11550 |
CDJ |
THE HARTFORD |
|
8,936.43 |
|
|
|
(8,936.43) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11551 |
CDJ |
KERRY D. IRONS, M.D., P.A. |
|
28.00 |
|
|
|
(28.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
11552 |
CDJ |
UPS |
|
142.09 |
|
|
|
(142.09) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
WT 021116 PNC |
CDJ |
GP HARMON RECYCLING LLC |
|
86,411.65 |
|
|
|
(86,411.65) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
WT 021116-1 PNC |
CDJ |
EMERALD PACIFIC RESOURCES |
|
27,951.00 |
|
|
|
(27,951.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
WT 021116-2 PNC |
CDJ |
J.B. HUNT TRANSPORT, INC. |
|
15,955.00 |
|
|
|
(15,955.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
WT 021116-3 PNC |
CDJ |
SCHNEIDER NATIONAL, INC. |
|
3,540.00 |
|
|
|
(3,540.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
WT 021116-4 PNC |
CDJ |
AMINO TRANSPORT |
|
500.00 |
|
|
|
(500.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
EWDEBIT 021116 |
CDJ |
HYDRADYNE, LLC |
|
125.53 |
|
|
|
(125.53) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
EWDEBIT 021116-1 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
401.93 |
|
|
|
(401.93) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
EWDEBIT 021116-2 |
CDJ |
METALS 2 GO |
|
262.01 |
|
|
|
(262.01) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/11/16 |
EWDEBIT 021116-3 |
CDJ |
NAPA AUTO PARTS |
|
55.60 |
|
|
|
(55.60) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/12/16 |
ACH 021216 PNC |
CRJ |
RAILWORKS |
147,390.00 |
|
|
|
147,390.00 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/12/16 |
WT 021216 PNC |
CRJ |
H J SKELTON (CANADA) LTD |
65,878.90 |
|
|
|
65,878.90 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/12/16 |
11549V |
CDJ |
THE ENERGY COOPERATIVE |
403.64 |
|
|
|
|
|
|
403.64 |
|
CZ1060 |
Operating Account PNC (AXI) |
2/12/16 |
EWDEBIT 021216 |
CDJ |
MURPHY USA |
|
25.00 |
|
|
|
(25.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/12/16 |
EWDEBIT 021216-1 |
CDJ |
WALMART |
|
44.54 |
|
|
|
(44.54) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/12/16 |
EW DEBIT 021216 |
CDJ |
KEITH'S ACE HARDWARE-HEWITT |
|
7.97 |
|
|
|
(7.97) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/12/16 |
EWDEBIT 021216-2 |
CDJ |
ZORO.COM |
|
107.27 |
|
|
|
(107.27) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/13/16 |
EWDEBIT 021316 |
CDJ |
FLYING F TRAVEL PLAZA |
|
245.01 |
|
|
|
(245.01) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/13/16 |
EWDEBIT 021316-1 |
CDJ |
TRACTOR SUPPLY CO |
|
28.16 |
|
|
|
(28.16) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
452694 |
CRJ |
NEW JERSEY TRANSIT |
215,523.00 |
|
|
|
215,523.00 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
EWDEBIT 021516 |
CDJ |
CENTRAL TEXAS SECURITY & FIRE |
|
622.44 |
|
|
|
(622.44) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
EWDEBIT 021516-1 |
CDJ |
AUTO ZONE |
|
21.64 |
|
|
|
(21.64) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
EWDEBIT 021516-2 |
CDJ |
ADVANCE AUTO PARTS |
|
6.48 |
|
|
|
(6.48) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
EWDEBIT 021516-3 |
CDJ |
HOME DEPOT |
|
17.02 |
|
|
|
(17.02) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
EWDEBIT 021516-4 |
CDJ |
HARBOR FREIGHT TOOLS |
|
48.44 |
|
|
|
(48.44) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
EWDEBIT 021516-5 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
214.36 |
|
|
|
(214.36) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
DEBIT 021516 |
CDJ |
AMAZON.COM |
|
12.33 |
|
|
|
(12.33) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
DEBIT 021516-1 |
CDJ |
AMAZON.COM |
|
13.95 |
|
|
|
(13.95) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
EWDEBIT 021516-6 |
CDJ |
ZORO.COM |
|
407.04 |
|
|
|
(407.04) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
EWDEBIT 021516-7 |
CDJ |
RADWELL INTERNATIONAL INC |
|
63.25 |
|
|
|
(63.25) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/15/16 |
EWDEBIT 021516-8 |
CDJ |
RADWELL INTERNATIONAL INC |
|
275.74 |
|
|
|
(275.74) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
WT 021616 PNC |
CDJ |
ATC PLASTICS LLC |
|
19,440.00 |
|
|
|
(19,440.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
WT 021616-1 PNC |
CDJ |
AMINO TRANSPORT |
|
5,900.00 |
|
|
|
(5,900.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
15486 |
CRJ |
TG MERCER |
25,119.41 |
|
|
|
25,119.41 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
EWDEBIT 021616 |
CDJ |
HARBOR FREIGHT TOOLS |
|
108.24 |
|
|
|
(108.24) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
EWDEBIT 021616-2 |
CDJ |
LOWE'S HOME CENTERS, LLC |
|
34.96 |
|
|
|
(34.96) |
|
|
|
General
Ledger |
|
Cash
Journals |
For
the Period From Feb 1, 2016 to Feb 29, 2016 |
|
|
|
|
|
|
Filter Criteria includes:
Report order is by ID. Report is printed with shortened descriptions and in Detail Format. |
|
|
|
|
|
|
Account
ID |
Account
Description |
Date |
Reference |
Jrnl |
Trans
Description |
Debit
Amt |
Credit
Amt |
Balance |
|
CRJ |
CDJ |
Trfs |
PR |
Recon |
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
EWDEBIT 021616-3 |
CDJ |
METALS 2 GO |
|
77.06 |
|
|
|
(77.06) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
EWDEBIT 021616-4 |
CDJ |
CENTURY SAW & TOOL |
|
572.86 |
|
|
|
(572.86) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
EWDEBIT 021616-5 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
214.36 |
|
|
|
(214.36) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
EWDEBIT 021616-6 |
CDJ |
HYDRADYNE, LLC |
|
45.96 |
|
|
|
(45.96) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
EWDEBIT 021616-7 |
CDJ |
WALMART |
|
106.28 |
|
|
|
(106.28) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/16/16 |
EWDEBIT 021616-1 |
CDJ |
PURVIS INDUSTRIES |
|
243.04 |
|
|
|
(243.04) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/17/16 |
DEBIT 021716 |
CDJ |
ATLAS CUTTING TOOLS |
|
106.52 |
|
|
|
(106.52) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/17/16 |
682155 |
CRJ |
B&B DIVERSIFIED MATERIALS |
10,800.00 |
|
|
|
10,800.00 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/17/16 |
EWDEBIT 021716 |
CDJ |
HOME DEPOT |
|
29.87 |
|
|
|
(29.87) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/17/16 |
EWDEBIT 021716-1 |
CDJ |
WALMART - WACO |
|
68.99 |
|
|
|
(68.99) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/17/16 |
EWDEBIT 021716-2 |
CDJ |
ZORO.COM |
|
485.39 |
|
|
|
(485.39) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11553 |
CDJ |
AMERICAN ELECTRIC POWER |
|
20,727.26 |
|
|
|
(20,727.26) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11554 |
CDJ |
COSHOCTON ENVIRONMENTAL TESTIN |
|
60.00 |
|
|
|
(60.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11555 |
CDJ |
THE ENERGY COOPERATIVE |
|
4,344.20 |
|
|
|
(4,344.20) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11556 |
CDJ |
THE HARTFORD |
|
5,050.90 |
|
|
|
|
|
(5,050.90) |
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11557 |
CDJ |
KERRY D. IRONS, M.D., P.A. |
|
168.00 |
|
|
|
(168.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11558 |
CDJ |
LOOP 340 OVERHEAD DOOR |
|
1,676.64 |
|
|
|
(1,676.64) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11559 |
CDJ |
MUSKINGUM COUNTY TREASURER |
|
34,797.91 |
|
|
|
(34,797.91) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11560 |
CDJ |
PARSONS OFFICE SYSTEMS INC |
|
49.34 |
|
|
|
(49.34) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11561 |
CDJ |
SIDWELL MATERIALS, INC. |
|
15.96 |
|
|
|
(15.96) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11562 |
CDJ |
SPOONER INC. |
|
175.00 |
|
|
|
(175.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11563 |
CDJ |
TIME WARNER CABLE |
|
395.75 |
|
|
|
(395.75) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11564 |
CDJ |
TIME WARNER CABLE |
|
815.83 |
|
|
|
(815.83) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11565 |
CDJ |
UPS |
|
102.96 |
|
|
|
(102.96) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11566 |
CDJ |
VERIZON WIRELESS |
|
431.46 |
|
|
|
(431.46) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
DEBIT 021816 |
CDJ |
LOWE'S HOME CENTERS, LLC |
|
200.99 |
|
|
|
(200.99) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11567 |
CDJ |
ADVANCED POLYMERS SUPPLY INC. |
|
13,890.70 |
|
|
|
(13,890.70) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
11568 |
CDJ |
COASTAL COMPOUNDED RESINS |
|
8,643.20 |
|
|
|
(8,643.20) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
WT 021816 PNC |
CDJ |
AMINO TRANSPORT |
|
18,400.00 |
|
|
|
(18,400.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
WT 021816-1 PNC |
CDJ |
EMERALD PACIFIC RESOURCES |
|
104,018.60 |
|
|
|
(104,018.60) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
WT 021816-2 PNC |
CDJ |
EPIQ BANKRUPTCY SOLUTIONS |
|
18,631.70 |
|
|
|
(18,631.70) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
WT 021816-3 PNC |
CDJ |
GP HARMON RECYCLING LLC |
|
44,371.00 |
|
|
|
(44,371.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
EWDEBIT 021816 |
CDJ |
L & M ELECTRONICS |
|
3.78 |
|
|
|
(3.78) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/18/16 |
EWDEBIT 021816-1 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
241.16 |
|
|
|
(241.16) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/19/16 |
WT 021916 PNC |
CRJ |
ALCOA FASTENING SYSTEMS |
85,395.40 |
|
|
|
85,395.40 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/20/16 |
EWDEBIT 022016 |
CDJ |
FLYING J TRAVEL PLAZA |
|
22.47 |
|
|
|
(22.47) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/20/16 |
EWDEBIT 022016-1 |
CDJ |
FLYING J TRAVEL PLAZA |
|
23.60 |
|
|
|
(23.60) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/20/16 |
EWDEBIT 022016-2 |
CDJ |
FLYING J TRAVEL PLAZA |
|
316.47 |
|
|
|
(316.47) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/22/16 |
453438 |
CRJ |
NEW JERSEY TRANSIT |
92,367.00 |
|
|
|
92,367.00 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/22/16 |
EWDEBIT 022216 |
CDJ |
RADWELL INTERNATIONAL INC |
|
499.88 |
|
|
|
(499.88) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/22/16 |
EWDEBIT 022216-1 |
CDJ |
RADWELL INTERNATIONAL INC |
|
275.08 |
|
|
|
(275.08) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/23/16 |
650477705 |
CRJ |
JEAN DAOUST CONSTRUCTION |
3,100.00 |
|
|
|
3,100.00 |
|
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/23/16 |
EWDEBIT 022316 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
241.16 |
|
|
|
(241.16) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/24/16 |
EWDEBIT 022416 |
CDJ |
HOME DEPOT |
|
190.39 |
|
|
|
(190.39) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/24/16 |
EWDEBIT 022416-1 |
CDJ |
TRACTOR SUPPLY CO |
|
4.42 |
|
|
|
(4.42) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/24/16 |
EWDEBIT 022416-2 |
CDJ |
TRACTOR SUPPLY CO |
|
22.23 |
|
|
|
(22.23) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/24/16 |
EWDEBIT 022416-3 |
CDJ |
PURVIS INDUSTRIES |
|
235.58 |
|
|
|
(235.58) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/24/16 |
EWDEBIT 022416-4 |
CDJ |
RICHARDS SUPPLY COMPANY |
|
79.88 |
|
|
|
(79.88) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/25/16 |
WT 022516 PNC |
CDJ |
AMINO TRANSPORT |
|
18,400.00 |
|
|
|
(18,400.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/25/16 |
WT 022516-1 PNC |
CDJ |
EMERALD PACIFIC RESOURCES |
|
30,100.00 |
|
|
|
(30,100.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/25/16 |
WT 022516-2 PNC |
CDJ |
GP HARMON RECYCLING LLC |
|
25,940.25 |
|
|
|
(25,940.25) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/25/16 |
WT 022516-3 PNC |
CDJ |
SCHNEIDER NATIONAL, INC. |
|
2,020.00 |
|
|
|
(2,020.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/25/16 |
EWDEBIT 022516 |
CDJ |
RICHARDS SUPPLY COMPANY |
|
10.68 |
|
|
|
|
|
|
(10.68) |
CZ1060 |
Operating Account PNC (AXI) |
2/25/16 |
EWDEBIT 022516-1 |
CDJ |
HOME DEPOT |
|
325.70 |
|
|
|
|
|
|
(325.70) |
CZ1060 |
Operating Account PNC (AXI) |
2/25/16 |
EWDEBIT 022516-2 |
CDJ |
TRACTOR SUPPLY CO |
|
161.56 |
|
|
|
(161.56) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/25/16 |
EWDEBIT 022516-3 |
CDJ |
DUPUY OXYGEN & SUPPLY |
|
241.16 |
|
|
|
(241.16) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11570 |
CDJ |
ANTHEM BCBS OH GROUP |
|
27,425.09 |
|
|
|
|
|
(27,425.09) |
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11571 |
CDJ |
ANTHEM DENTAL |
|
1,933.22 |
|
|
|
|
|
(1,933.22) |
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11572 |
CDJ |
ANTHEM LIFE |
|
252.00 |
|
|
|
|
|
(252.00) |
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11573 |
CDJ |
CHEM-AQUA, INC. |
|
583.00 |
|
|
|
(583.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11574 |
CDJ |
CINTAS CORPORATION |
|
130.65 |
|
|
|
(130.65) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11575 |
CDJ |
CITY OF WACO WATER OFFICE |
|
1,544.13 |
|
|
|
(1,544.13) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11576 |
CDJ |
COASTAL COMPOUNDED RESINS |
|
9,036.80 |
|
|
|
(9,036.80) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11577 |
CDJ |
COMDOC |
|
206.36 |
|
|
|
(206.36) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11578 |
CDJ |
DIRECT ENERGY BUSINESS |
|
30,794.23 |
|
|
|
(30,794.23) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11579 |
CDJ |
GILBERT + TOBIN |
|
197.93 |
|
|
|
(197.93) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11580 |
CDJ |
KOORSEN FIRE & SECURITY |
|
225.19 |
|
|
|
(225.19) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11581 |
CDJ |
LIFT LEASE & FINANCE CORP |
|
6,608.74 |
|
|
|
(6,608.74) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11582 |
CDJ |
RING CENTRAL |
|
1,092.27 |
|
|
|
(1,092.27) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
11583 |
CDJ |
AMERIGAS |
|
328.47 |
|
|
|
(328.47) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
WT 022616 PNC |
CDJ |
GORDIAN GROUP, LLC |
|
50,000.00 |
|
|
|
(50,000.00) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/26/16 |
EWDEBIT 022616 |
CDJ |
UNIVERSAL FOREST PRODUCT |
|
729.00 |
|
|
|
|
|
|
(729.00) |
CZ1060 |
Operating Account PNC (AXI) |
2/27/16 |
EWDEBIT 022716 |
CDJ |
MURPHY USA |
|
25.00 |
|
|
|
|
|
|
(25.00) |
General
Ledger |
|
Cash
Journals |
For
the Period From Feb 1, 2016 to Feb 29, 2016 |
|
|
|
|
|
|
Filter Criteria includes:
Report order is by ID. Report is printed with shortened descriptions and in Detail Format. |
|
|
|
|
|
|
Account
ID |
Account
Description |
Date |
Reference |
Jrnl |
Trans
Description |
Debit
Amt |
Credit
Amt |
Balance |
|
CRJ |
CDJ |
Trfs |
PR |
Recon |
CZ1060 |
Operating Account PNC (AXI) |
2/27/16 |
EWDEBIT 022716-1 |
CDJ |
HOME DEPOT |
|
155.66 |
|
|
|
|
|
|
(155.66) |
CZ1060 |
Operating Account PNC (AXI) |
2/27/16 |
EWDEBIT 022716-2 |
CDJ |
LOWE'S HOME CENTERS, LLC |
|
15.73 |
|
|
|
|
|
|
(15.73) |
CZ1060 |
Operating Account PNC (AXI) |
2/27/16 |
EWDEBIT 022716-3 |
CDJ |
TRACTOR SUPPLY CO |
|
216.31 |
|
|
|
|
|
|
(216.31) |
CZ1060 |
Operating Account PNC (AXI) |
2/27/16 |
EWDEBIT 022716-4 |
CDJ |
FLYING J TRAVEL PLAZA |
|
265.72 |
|
|
|
|
|
|
(265.72) |
CZ1060 |
Operating Account PNC (AXI) |
2/28/16 |
0229PNCOA |
GENJ |
To record bank fees for February 2016 |
|
348.50 |
|
|
|
(348.50) |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
454514 |
CRJ |
NEW JERSEY TRANSIT |
153,945.00 |
|
|
|
|
|
|
|
153,945.00 |
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
EWDEBIT 022916 |
CDJ |
PURVIS INDUSTRIES |
235.58 |
|
|
|
|
|
|
|
235.58 |
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
DEBIT 022916 |
CDJ |
ZORO.COM |
|
119.89 |
|
|
|
|
|
|
(119.89) |
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
DEBIT 022916-1 |
CDJ |
PLATT ELECTRIC |
|
180.58 |
|
|
|
|
|
|
(180.58) |
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
0229PNCPA |
GENJ |
Transfer of cash for payroll |
|
190,000.00 |
|
|
|
|
(190,000.00) |
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
0229PNCPA |
GENJ |
Transfer of cash for payroll |
|
155,000.00 |
|
|
|
|
(155,000.00) |
|
|
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
EWDEBIT 022916-1 |
CDJ |
TUBES N HOSES OF WACO |
|
118.73 |
|
|
|
|
|
|
(118.73) |
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
EWDEBIT 022916-2 |
CDJ |
CRAWFORD ELECTRIC SUPPLY |
|
601.73 |
|
|
|
|
|
|
(601.73) |
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
EWDEBIT 022916-3 |
CDJ |
PRO HEAT INC. |
|
342.55 |
|
|
|
|
|
|
(342.55) |
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
EWDEBIT 022916-4 |
CDJ |
RICHARDS SUPPLY COMPANY |
|
440.86 |
|
|
|
|
|
|
(440.86) |
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
EWDEBIT 030216-3 |
CDJ |
ZORO.COM |
|
227.94 |
|
|
|
|
|
|
(227.94) |
CZ1060 |
Operating Account PNC (AXI) |
2/29/16 |
0229PNCOA AJE |
GENJ |
To post AJE for incorrect recording of
reimbursement for emp exp |
66.15 |
|
|
|
|
66.15 |
|
|
|
CZ1060 |
Operating Account PNC (AXI) |
|
|
|
Current Period Change |
889,345.68 |
1,350,717.36 |
(461,371.68) |
|
|
|
|
|
|
|
|
2/29/16 |
|
|
Ending Balance |
|
|
152,837.59 |
|
730,888.03 |
(963,187.88) |
(345,000.00) |
(34,476.33) |
150,404.50 |
|
|
|
|
|
|
|
|
0.00 |
|
|
|
|
|
|
CZ1070 |
Payroll Account PNC (AXI) |
2/1/16 |
|
|
Beginning Balance |
|
|
4,294.09 |
|
|
|
|
|
|
CZ1070 |
Payroll Account PNC (AXI) |
2/1/16 |
ACH02012016 |
CRJ |
PAYCHEX |
23.07 |
|
|
|
|
|
|
23.07 |
|
CZ1070 |
Payroll Account PNC (AXI) |
2/2/16 |
50000005 |
CDJ |
Bob Combs |
|
0.01 |
|
|
|
|
|
(0.01) |
|
CZ1070 |
Payroll Account PNC (AXI) |
2/15/16 |
021516 |
CDJ |
Paychex |
|
171.00 |
|
|
|
|
|
(171.00) |
|
CZ1070 |
Payroll Account PNC (AXI) |
2/29/16 |
0229-PAYR |
GENJ |
Payroll for Feb 2016 |
|
349,164.04 |
|
|
|
|
|
(349,164.04) |
|
CZ1070 |
Payroll Account PNC (AXI) |
2/29/16 |
0229PNCPA |
GENJ |
Transfer of cash for payroll |
155,000.00 |
|
|
|
|
|
155,000.00 |
|
|
CZ1070 |
Payroll Account PNC (AXI) |
2/29/16 |
0229PNCPA |
GENJ |
Bank fee for Feb 2016 |
|
25.00 |
|
|
|
|
|
(25.00) |
|
CZ1070 |
Payroll Account PNC (AXI) |
2/29/16 |
0229PNCPA |
GENJ |
Transfer of cash for payroll |
190,000.00 |
|
|
|
|
|
190,000.00 |
|
|
CZ1070 |
Payroll Account PNC (AXI) |
2/29/16 |
ACCT ADJ AJE |
GENJ |
To adjust FSA balance to 2/26/16
reconciled balance |
1,971.44 |
|
|
|
|
1,971.44 |
|
|
|
CZ1070 |
Payroll Account PNC (AXI) |
|
|
|
Current Period Change |
346,994.51 |
349,360.05 |
(2,365.54) |
|
|
|
|
|
|
|
|
2/29/16 |
|
|
Ending Balance |
|
|
1,928.55 |
|
- |
1,971.44 |
345,000.00 |
(349,336.98) |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL >> |
|
730,888.03 |
(961,216.44) |
- |
(383,813.31) |
150,404.50 |
|
|
|
|
|
Reconciliation
of Cash Transactions Per GL v. MOR |
|
|
|
|
|
|
|
|
|
|
|
|
|
MOR |
GL |
|
|
|
|
|
|
|
|
|
|
|
|
Beginning
cash balance |
621,390.82 |
618,503.36 |
|
|
|
|
|
|
|
|
|
|
|
|
Cash
receipts |
730,888.03 |
730,888.03 |
|
|
|
|
|
|
|
|
|
|
|
|
Cash
disbursements |
(964,152.00) |
(961,216.44) |
|
|
|
|
|
|
|
|
|
|
|
|
Payroll
disbursements |
(383,766.00) |
(383,813.31) |
|
|
|
|
|
|
|
|
|
|
|
|
Ending
cash balance, per MOR |
4,360.85 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Reconciling
items between GL & MOR |
|
150,404.50 |
|
|
|
|
|
|
|
|
|
|
|
|
Ending
cash balance, per GL |
|
154,766.14 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(0.00) |
|
|
|
|
|
|
|
In
re: Axion International, Inc. |
Case
No.: 15-12415 |
Debtor |
Reporting
Period: February 2016 |
STATEMENT
OF OPERATIONS
(Income Statement)
The Statement of Operations is
to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue when it is realized and expenses when
they are incurred, regardless of when cash is actually received or paid.
| |
| | |
Cumulative | |
REVENUES | |
Month | | |
Filing to Date | |
Gross Revenues | |
$ | 1,111,181 | | |
$ | 2,547,424 | |
Less: Returns and Allowances | |
$ | - | | |
$ | - | |
Net Revenue | |
$ | 1,111,181 | | |
$ | 2,547,424 | |
COST OF GOODS SOLD | |
| | | |
| | |
Beginning Inventory | |
$ | 1,395,898 | | |
$ | 4,691,873 | |
Add: Purchases | |
$ | 708,902 | | |
$ | 1,467,859 | |
Add: Cost of Labor & Production Costs | |
$ | 468,936 | | |
$ | 1,400,868 | |
Add: Other Costs (attach schedule) | |
$ | 50,398 | | |
$ | 189,579 | |
Less: Ending Inventory | |
$ | (1,368,962 | ) | |
$ | (4,258,342 | ) |
Cost of Goods Sold | |
$ | 1,255,173 | | |
$ | 3,491,836 | |
Gross Profit | |
$ | (143,992 | ) | |
$ | (944,412 | ) |
OPERATING EXPENSES | |
| | | |
| | |
Personnel Costs - Sales & Marketing | |
$ | 39,037 | | |
$ | 121,343 | |
Personnel Costs - General & Administrative | |
$ | 86,701 | | |
$ | 271,548 | |
Travel & Meals | |
$ | 16,281 | | |
$ | 45,540 | |
Advertising, Trade Shows & Customer Relationship | |
$ | 3,459 | | |
$ | 20,881 | |
Office Expenses | |
$ | 13,345 | | |
$ | 21,610 | |
Board of Directors | |
$ | - | | |
$ | (12,074 | ) |
Investor Relations & Shareholders Services | |
$ | (1,866 | ) | |
$ | 992 | |
Insurance | |
$ | 21,596 | | |
$ | 83,388 | |
Legal & Other Professional Fees | |
$ | 198 | | |
$ | 2,625 | |
Other (attach schedule) | |
$ | - | | |
$ | - | |
Total Operating Expenses Before Depreciation | |
$ | 178,752 | | |
$ | 555,852 | |
Depreciation/Depletion/Amortization | |
$ | 10,187 | | |
$ | 30,578 | |
Net Profit (Loss) Before Other Income & Expenses | |
$ | (332,931 | ) | |
$ | (1,530,843 | ) |
OTHER INCOME AND EXPENSES | |
| | | |
| | |
Other Income (attach schedule) | |
$ | (4,000,000 | ) | |
$ | (4,000,000 | ) |
Interest Expense | |
$ | 75,459 | | |
$ | 134,982 | |
Other Expense (attach schedule) | |
$ | - | | |
$ | - | |
Net Profit (Loss) Before Reorganization Items | |
$ | 3,591,610 | | |
$ | 2,334,175 | |
REORGANIZATION ITEMS | |
| | | |
| | |
Professional Fees | |
$ | 68,632 | | |
$ | 228,156 | |
U. S. Trustee Quarterly Fees | |
$ | - | | |
$ | 7,150 | |
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet) | |
$ | - | | |
$ | - | |
Gain (Loss) from Sale of Equipment | |
$ | - | | |
$ | - | |
Other Reorganization Expenses (attach schedule) | |
$ | - | | |
$ | - | |
Total Reorganization Expenses | |
$ | - | | |
$ | - | |
Income Taxes | |
$ | - | | |
$ | - | |
Net Profit (Loss) | |
$ | 3,522,978 | | |
$ | 2,098,868 | |
*"Insider" is defined
in 11 U.S.C. Section 101(31).
FORM MOR-2
(04/07)
In
re: Axion International, Inc. |
Case
No.: 15-12415 |
Debtor |
Reporting
Period: February 2016 |
STATEMENT
OF OPERATIONS - continuation sheet
| |
| | |
Cumulative | |
BREAKDOWN OF "OTHER" CATEGORY | |
Month | | |
Filing to Date | |
| |
| | |
| |
Other Costs | |
| | | |
| | |
Freight costs to customers | |
$ | (6,845 | ) | |
$ | 20,784 | |
Royalties Under License | |
$ | 16,398 | | |
$ | 37,305 | |
Purchasing & Product Development departments | |
$ | 40,845 | | |
$ | 130,228 | |
Product Development | |
$ | - | | |
$ | 1,262 | |
| |
| | | |
| | |
Other Operational Expenses | |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
Other Income | |
| | | |
| | |
Gain on Extinguishment of Debt | |
$ | 4,000,000 | | |
$ | 4,000,000 | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
Other Expenses | |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
Other Reorganization Expenses | |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
Reorganization Items - Interest
Earned on Accumulated Cash from Chapter 11:
Interest earned on cash accumulated
during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding, should be reported as a reorganization
item.
FORM MOR-2 CONT'D
(04/07)
In
re Axion International, Inc. |
Case
No. 15-12415 |
Debtor |
Reporting
Period: February 2016 |
BALANCE SHEET
The Balance Sheet is to be completed
on an accrual basis only. Pre-petition liabilities must be classified separately from postpetition obligations.
| |
BOOK VALUE AT END OF | | |
BOOK VALUE ON | |
ASSETS | |
CURRENT REPORTING MONTH | | |
PETITION DATE | |
CURRENT ASSETS | |
| | | |
| | |
Unrestricted Cash and Equivalents | |
$ | 164,265 | | |
$ | 134,421 | |
Restricted Cash and Cash Equivalents (see continuation sheet) | |
$ | - | | |
$ | - | |
Accounts Receivable (Net) | |
$ | 1,446,085 | | |
$ | 2,034,172 | |
Notes Receivable | |
$ | - | | |
$ | - | |
Inventories | |
$ | 1,368,962 | | |
$ | 1,803,405 | |
Prepaid Expenses | |
$ | 225,805 | | |
$ | 114,429 | |
Professional Retainers | |
$ | - | | |
$ | - | |
Other Current Assets (attach schedule) | |
$ | - | | |
$ | - | |
TOTAL CURRENT ASSETS | |
$ | 3,205,117 | | |
$ | 4,086,426 | |
PROPERTY AND EQUIPMENT | |
| | | |
| | |
Real Property and Improvements | |
$ | - | | |
$ | - | |
Machinery and Equipment | |
$ | 11,443,208 | | |
$ | 11,484,181 | |
Furniture, Fixtures and Office Equipment | |
$ | 259,596 | | |
$ | 259,596 | |
Leasehold Improvements | |
$ | 58,467 | | |
$ | 19,818 | |
Vehicles | |
$ | - | | |
$ | - | |
Less Accumulated Depreciation | |
$ | (3,645,783 | ) | |
$ | (3,320,092 | ) |
TOTAL PROPERTY & EQUIPMENT | |
$ | 8,115,488 | | |
$ | 8,443,503 | |
OTHER ASSETS | |
| | | |
| | |
Loans to Insiders* | |
$ | - | | |
$ | - | |
Other Assets (attach schedule) | |
$ | - | | |
$ | - | |
TOTAL OTHER ASSETS | |
$ | - | | |
$ | - | |
| |
| | | |
| | |
TOTAL ASSETS | |
$ | 11,320,605 | | |
$ | 12,529,929 | |
| |
BOOK VALUE AT END OF | | |
BOOK VALUE ON | |
LIABILITIES AND OWNER EQUITY | |
CURRENT REPORTING MONTH | | |
PETITION DATE | |
LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition) | |
| | | |
| | |
Accounts Payable | |
$ | 183,525 | | |
$ | - | |
Taxes Payable (refer to FORM MOR-4) | |
$ | 107,229 | | |
$ | 73,275 | |
Wages Payable | |
$ | 139,152 | | |
$ | 202,788 | |
Notes Payable | |
$ | - | | |
$ | - | |
Rent / Leases - Building/Equipment | |
$ | 612,368 | | |
$ | 554,793 | |
Secured Debt / Adequate Protection Payments | |
$ | 850,000 | | |
$ | 200,000 | |
Professional Fees | |
$ | - | | |
$ | - | |
Amounts Due to Insiders* | |
$ | - | | |
$ | - | |
Other Postpetition Liabilities (attach schedule) | |
$ | 673,557 | | |
$ | 673,980 | |
TOTAL POSTPETITION LIABILITIES | |
$ | 2,565,831 | | |
$ | 1,704,837 | |
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition) | |
| | | |
| | |
Secured Debt | |
$ | 9,440,327 | | |
$ | 9,386,118 | |
Priority Debt | |
$ | - | | |
$ | - | |
Unsecured Debt | |
$ | 2,871,849 | | |
$ | 7,083,172 | |
TOTAL PRE-PETITION LIABILITIES | |
$ | 12,312,176 | | |
$ | 16,469,290 | |
| |
| | | |
| | |
TOTAL LIABILITIES | |
$ | 14,878,007 | | |
$ | 18,174,127 | |
OWNER EQUITY | |
| | | |
| | |
Capital Stock | |
$ | 54,725,760 | | |
$ | 54,737,834 | |
Additional Paid-In Capital | |
$ | - | | |
$ | - | |
Preferred Stock | |
$ | 4,079,980 | | |
$ | 4,079,980 | |
Owner's Equity Account | |
$ | - | | |
$ | - | |
Retained Earnings - Pre-Petition | |
$ | (64,462,011 | ) | |
$ | (64,462,011 | ) |
Retained Earnings - Postpetition | |
$ | 2,098,869 | | |
$ | - | |
Adjustments to Owner Equity (attach schedule) | |
$ | - | | |
$ | - | |
Postpetition Contributions (Distributions) (Draws) (attach schedule) | |
$ | - | | |
$ | - | |
NET OWNER EQUITY | |
$ | (3,557,402 | ) | |
$ | (5,644,197 | ) |
| |
| | | |
| | |
TOTAL LIABILITIES AND OWNERS' EQUITY | |
$ | 11,320,605 | | |
$ | 12,529,929 | |
*"Insider" is defined
in 11 U.S.C. Section 101(31).
FORM MOR-3
(04/07)
In
re: Axion International, Inc. |
Case
No.: 15-12415 |
Debtor |
Reporting
Period: February 2016 |
BALANCE SHEET
- continuation sheet
| |
BOOK VALUE AT END OF | | |
BOOK VALUE ON | |
ASSETS | |
CURRENT REPORTING MONTH | | |
PETITION DATE | |
Other Current Assets | |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
Other Assets | |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
BOOK VALUE AT END OF | | |
BOOK VALUE ON | |
LIABILITIES AND OWNER EQUITY | |
CURRENT REPORTING MONTH | | |
PETITION DATE | |
Other Postpetition Liabilities | |
| | | |
| | |
Customer deposit | |
$ | 167,300 | | |
$ | 167,300 | |
Sales tax payable | |
$ | 44,944 | | |
$ | 45,141 | |
Ford credit truck loan | |
$ | 20,486 | | |
$ | 21,261 | |
Bureau of Workers Comp - Ohio | |
$ | 13,277 | | |
$ | 16,577 | |
Royalties payable | |
$ | 94,346 | | |
$ | 147,503 | |
Accrued interest | |
$ | 414,320 | | |
$ | 276,198 | |
Miscellaneous month-end cutoff invoices | |
| | | |
| | |
| |
| | | |
| | |
Adjustments to Owner Equity | |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
Postpetition Contributions (Distributions) (Draws) | |
| | | |
| | |
| |
| | | |
| | |
| |
| | | |
| | |
Restricted Cash is cash that is
restricted for a specific use and not available to fund operations. Typically, restricted cash is segregated into a separate account,
such as an escrow account.
FORM MOR-3 CONT'D
(04/07)
In
re: Axion International, Inc. |
Case
No. 15-12415 |
Debtor |
Reporting
Period: February 2016 |
STATUS OF
POSTPETITION TAXES
The beginning tax liability should
be the ending liability from the prior month or, if this is the first report, the amount should be zero.
Attach photocopies of IRS Form 6123
or payment receipt to verify payment or deposit of federal payroll taxes.
Attach photocopies of any tax returns
filed during the reporting period.
|
|
Beginning |
|
Amount |
|
|
|
|
|
|
|
Ending |
|
|
Tax |
|
Withheld
or |
|
Amount |
|
Date |
|
Check
No. |
|
Tax |
Federal |
|
Liability |
|
Accrued |
|
Paid |
|
Paid |
|
or
EFT |
|
Liability |
Withholding |
|
|
|
|
|
|
|
|
|
|
|
|
FICA-Employee |
|
|
|
|
|
|
|
|
|
|
|
|
FICA-Employer |
|
Through
our payroll processor, Paychex, we have remitted and filed our tax returns when due. |
Unemployment |
|
|
|
|
|
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
|
|
|
|
|
|
Other:_________________ |
|
|
|
|
|
|
|
|
|
|
|
|
Total
Federal Taxes |
|
|
|
|
|
|
|
|
|
|
|
|
State and Local |
|
|
|
|
|
|
|
|
|
|
|
|
Withholding |
|
|
|
|
|
|
|
|
|
|
|
|
Sales |
|
|
|
|
|
|
|
|
|
|
|
|
Excise |
|
Through
our payroll processor, Paychex, we have remitted and filed our tax returns when due. |
Unemployment |
|
|
|
|
|
|
|
|
|
|
|
|
Real Property |
|
|
|
|
|
|
|
|
|
|
|
|
Personal Property |
|
|
|
|
|
|
|
|
|
|
|
|
Other:_________________ |
|
|
|
|
|
|
|
|
|
|
|
|
Total
State and Local |
|
|
|
|
|
|
|
|
|
|
|
|
Total Taxes |
|
|
|
|
|
|
|
|
|
|
|
|
SUMMARY OF
UNPAID POSTPETITION DEBTS
Attach aged listing of accounts
payable.
| |
| | |
Number of Days Past Due | | |
| |
| |
Current | | |
0-30 | | |
31-60 | | |
61-90 | | |
Over 90 | | |
Total | |
Accounts Payable | |
$ | 183,525 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 183,525 | |
Wages & Benefits Payable | |
$ | 139,152 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 139,152 | |
Taxes Payable | |
$ | 107,229 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 107,229 | |
Rent/Leases-Building | |
$ | 612,368 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 612,368 | |
Rent/Leases-Equipment | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Secured Debt/Adequate Protection Payments | |
$ | 850,000 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 850,000 | |
Professional Fees | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Amounts Due to Insiders* | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Truck loan | |
$ | 20,096 | | |
| | | |
| | | |
| | | |
| | | |
$ | 20,096 | |
Interest | |
$ | 456,617 | | |
| | | |
| | | |
| | | |
| | | |
$ | 456,617 | |
Customer deposits | |
$ | 86,100 | | |
| | | |
| | | |
| | | |
| | | |
$ | 86,100 | |
Royalties payable | |
$ | 110,744 | | |
| | | |
| | | |
| | | |
| | | |
$ | 110,744 | |
Total Postpetition Debts | |
$ | 2,565,831 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 2,565,831 | |
Explain how and when the Debtor
intends to pay any past-due postpetition debts.
*"Insider" is defined
in 11 U.S.C. Section 101(31).
FORM MOR-4
(04/07)
In
re: Axion International, Inc. |
Case
No. 15-12415 |
Debtor |
Reporting Period: February
2016 |
AXION INTERNATIONAL
INC
Aged Payables
As of Feb
29, 2016
Filter Criteria includes: 1) Includes
Drop Shipments. Report order is by ID. Report is printed in Detail Format.
Vendor ID | |
Vendor | |
Date | |
Date Due | |
Invoice/CM # | |
0 - 30 | | |
31 - 60 | | |
61 - 90 | | |
Over 90 days | | |
Amount Due | | |
Vendor Type |
ADVA01 | |
ADVANCED POLYMERS SUPPLY INC. | |
2/26/16 | |
3/7/16 | |
1584 | |
| 3,791.00 | | |
| | | |
| | | |
| | | |
| 3,791.00 | | |
RAW |
ADVA01 | |
ADVANCED POLYMERS SUPPLY INC. | |
2/29/16 | |
3/10/16 | |
1585 | |
| 4,015.40 | | |
| | | |
| | | |
| | | |
| 4,015.40 | | |
RAW |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
ADVA01 | |
ADVANCED POLYMERS SUPPLY INC. | |
| |
| |
| |
| 7,806.40 | | |
| - | | |
| - | | |
| - | | |
| 7,806.40 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
AFLA01 | |
AFLAC | |
2/14/16 | |
3/1/16 | |
048267 | |
| 218.76 | | |
| | | |
| | | |
| | | |
| 218.76 | | |
INSURANC |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
AFLA01 | |
AFLAC | |
| |
| |
| |
| 218.76 | | |
| - | | |
| - | | |
| - | | |
| 218.76 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
AMER02 | |
AMERIGAS | |
1/8/16 | |
3/8/16 | |
3047862028 | |
| | | |
| 124.06 | | |
| | | |
| | | |
| 124.06 | | |
MRO |
AMER02 | |
AMERIGAS | |
1/13/16 | |
3/13/16 | |
3048031445 | |
| | | |
| 227.14 | | |
| | | |
| | | |
| 227.14 | | |
MRO |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
AMER02 | |
AMERIGAS | |
| |
| |
| |
| - | | |
| 351.20 | | |
| - | | |
| - | | |
| 351.20 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
AMER04 | |
AMERICAN ELECTRIC POWER | |
2/15/16 | |
3/8/16 | |
07916818029MAR | |
| 2,142.66 | | |
| | | |
| | | |
| | | |
| 2,142.66 | | |
UTILITY |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
AMER04 | |
AMERICAN ELECTRIC POWER | |
| |
| |
| |
| 2,142.66 | | |
| - | | |
| - | | |
| - | | |
| 2,142.66 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
ATMO02 | |
ATMOS ENERGY | |
2/24/16 | |
3/9/16 | |
022416 | |
| (12.44 | ) | |
| | | |
| | | |
| | | |
| (12.44 | ) | |
UTILITY |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
ATMO02 | |
ATMOS ENERGY | |
| |
| |
| |
| (12.44 | ) | |
| - | | |
| - | | |
| - | | |
| (12.44 | ) | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
BWCS01 | |
BWC STATE INSURANCE FUND | |
1/21/16 | |
2/20/16 | |
PAYRADJCREDIT | |
| | | |
| (8,502.22 | ) | |
| | | |
| | | |
| (8,502.22 | ) | |
INSURANC |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
BWCS01 | |
BWC STATE INSURANCE FUND | |
| |
| |
| |
| - | | |
| (8,502.22 | ) | |
| - | | |
| - | | |
| (8,502.22 | ) | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
CHEM01 | |
CHEM-AQUA, INC. | |
2/15/16 | |
2/25/16 | |
2212735 | |
| 583.00 | | |
| | | |
| | | |
| | | |
| 583.00 | | |
MRO |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
CHEM01 | |
CHEM-AQUA, INC. | |
| |
| |
| |
| 583.00 | | |
| - | | |
| - | | |
| - | | |
| 583.00 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
CINT01 | |
CINTAS CORPORATION | |
2/10/16 | |
3/10/16 | |
530587098 | |
| 339.98 | | |
| | | |
| | | |
| | | |
| 339.98 | | |
MRO |
CINT01 | |
CINTAS CORPORATION | |
2/17/16 | |
3/10/16 | |
530588739 | |
| 190.88 | | |
| | | |
| | | |
| | | |
| 190.88 | | |
MRO |
CINT01 | |
CINTAS CORPORATION | |
2/24/16 | |
3/10/16 | |
530590317 | |
| 173.69 | | |
| | | |
| | | |
| | | |
| 173.69 | | |
MRO |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
CINT01 | |
CINTAS CORPORATION | |
| |
| |
| |
| 704.55 | | |
| - | | |
| - | | |
| - | | |
| 704.55 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
CINT02 | |
CINTAS CORPORATION #637 | |
2/3/16 | |
3/10/16 | |
637453090 | |
| 180.62 | | |
| | | |
| | | |
| | | |
| 180.62 | | |
MRO |
CINT02 | |
CINTAS CORPORATION #637 | |
2/10/16 | |
3/10/16 | |
637453466 | |
| 180.62 | | |
| | | |
| | | |
| | | |
| 180.62 | | |
MRO |
CINT02 | |
CINTAS CORPORATION #637 | |
2/17/16 | |
3/10/16 | |
637453834 | |
| 180.62 | | |
| | | |
| | | |
| | | |
| 180.62 | | |
MRO |
CINT02 | |
CINTAS CORPORATION #637 | |
2/24/16 | |
3/10/16 | |
637454206 | |
| 315.67 | | |
| | | |
| | | |
| | | |
| 315.67 | | |
MRO |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
CINT02 | |
CINTAS CORPORATION #637 | |
| |
| |
| |
| 857.53 | | |
| - | | |
| - | | |
| - | | |
| 857.53 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
COAS01 | |
COASTAL COMPOUNDED RESINS | |
2/26/16 | |
2/26/16 | |
4829 | |
| 4,308.80 | | |
| | | |
| | | |
| | | |
| 4,308.80 | | |
RAW |
COAS01 | |
COASTAL COMPOUNDED RESINS | |
2/29/16 | |
2/29/16 | |
4831 | |
| 4,107.20 | | |
| | | |
| | | |
| | | |
| 4,107.20 | | |
RAW |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
COAS01 | |
COASTAL COMPOUNDED RESINS | |
| |
| |
| |
| 8,416.00 | | |
| - | | |
| - | | |
| - | | |
| 8,416.00 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
COMP01 | |
COMPUTERSHARE, INC | |
2/9/16 | |
3/10/16 | |
US_CSSI975570 | |
| 551.78 | | |
| | | |
| | | |
| | | |
| 551.78 | | |
INVEST |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
COMP01 | |
COMPUTERSHARE, INC | |
| |
| |
| |
| 551.78 | | |
| - | | |
| - | | |
| - | | |
| 551.78 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
COSH01 | |
COSHOCTON ENVIRONMENTAL TESTING LLC | |
2/17/16 | |
3/18/16 | |
622-38567 | |
| 60.00 | | |
| | | |
| | | |
| | | |
| 60.00 | | |
MRO |
COSH01 | |
COSHOCTON ENVIRONMENTAL TESTING LLC | |
2/29/16 | |
3/30/16 | |
632-38602 | |
| 60.00 | | |
| | | |
| | | |
| | | |
| 60.00 | | |
MRO |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
COSH01 | |
COSHOCTON ENVIRONMENTAL TESTING LLC | |
| |
| |
| |
| 120.00 | | |
| - | | |
| - | | |
| - | | |
| 120.00 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
DUPU01 | |
DUPUY OXYGEN & SUPPLY | |
2/16/16 | |
3/17/16 | |
377357 | |
| 25.54 | | |
| | | |
| | | |
| | | |
| 25.54 | | |
MRO |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
DUPU01 | |
DUPUY OXYGEN & SUPPLY | |
| |
| |
| |
| 25.54 | | |
| - | | |
| - | | |
| - | | |
| 25.54 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
EMER01 | |
EMERALD PACIFIC RESOURCES | |
2/25/16 | |
2/25/16 | |
416-1204 | |
| 14,945.00 | | |
| | | |
| | | |
| | | |
| 14,945.00 | | |
RAW |
EMER01 | |
EMERALD PACIFIC RESOURCES | |
2/25/16 | |
2/25/16 | |
416-1203 | |
| 15,113.00 | | |
| | | |
| | | |
| | | |
| 15,113.00 | | |
RAW |
EMER01 | |
EMERALD PACIFIC RESOURCES | |
2/25/16 | |
2/25/16 | |
416-1202 | |
| 14,959.00 | | |
| | | |
| | | |
| | | |
| 14,959.00 | | |
RAW |
EMER01 | |
EMERALD PACIFIC RESOURCES | |
2/25/16 | |
2/25/16 | |
416-1200 | |
| 15,141.00 | | |
| | | |
| | | |
| | | |
| 15,141.00 | | |
RAW |
EMER01 | |
EMERALD PACIFIC RESOURCES | |
2/25/16 | |
2/25/16 | |
416-1198 | |
| 15,078.00 | | |
| | | |
| | | |
| | | |
| 15,078.00 | | |
RAW |
EMER01 | |
EMERALD PACIFIC RESOURCES | |
2/25/16 | |
2/25/16 | |
416-1199 | |
| 15,050.00 | | |
| | | |
| | | |
| | | |
| 15,050.00 | | |
RAW |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
EMER01 | |
EMERALD PACIFIC RESOURCES | |
| |
| |
| |
| 90,286.00 | | |
| - | | |
| - | | |
| - | | |
| 90,286.00 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
HERZ01 | |
HERZOG | |
2/8/16 | |
3/9/16 | |
20816 | |
| 45,649.21 | | |
| | | |
| | | |
| | | |
| 45,649.21 | | |
SUBCONTR |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
HERZ01 | |
HERZOG | |
| |
| |
| |
| 45,649.21 | | |
| - | | |
| - | | |
| - | | |
| 45,649.21 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
MICR01 | |
MICROSOFT CORPORATION | |
2/12/16 | |
3/13/16 | |
E01001UI0P | |
| 1,179.75 | | |
| | | |
| | | |
| | | |
| 1,179.75 | | |
IT |
MICR01 | |
MICROSOFT CORPORATION | |
2/12/16 | |
3/13/16 | |
E01001UHW6 | |
| 33.25 | | |
| | | |
| | | |
| | | |
| 33.25 | | |
IT |
MICR01 | |
MICROSOFT CORPORATION | |
2/12/16 | |
3/13/16 | |
E01001UI0Q | |
| 32.18 | | |
| | | |
| | | |
| | | |
| 32.18 | | |
IT |
MICR01 | |
MICROSOFT CORPORATION | |
2/12/16 | |
3/13/16 | |
E01001UI85 | |
| 209.14 | | |
| | | |
| | | |
| | | |
| 209.14 | | |
IT |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
MICR01 | |
MICROSOFT CORPORATION | |
| |
| |
| |
| 1,454.32 | | |
| - | | |
| - | | |
| - | | |
| 1,454.32 | | |
|
Vendor ID | |
Vendor | |
Date | |
Date Due | |
Invoice/CM # | |
0 - 30 | | |
31 - 60 | | |
61 - 90 | | |
Over 90 days | | |
Amount Due | | |
Vendor Type |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
MUSK02 | |
MUSKINGUM COUNTY UTILITIES | |
2/17/16 | |
3/15/16 | |
201-01270-02FEB16 | |
| 4,396.95 | | |
| | | |
| | | |
| | | |
| 4,396.95 | | |
UTILITY |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
MUSK02 | |
MUSKINGUM COUNTY UTILITIES | |
| |
| |
| |
| 4,396.95 | | |
| - | | |
| - | | |
| - | | |
| 4,396.95 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
PINN01 | |
PINNACLE RECYCLING | |
2/12/16 | |
3/13/16 | |
30203 | |
| 11,595.50 | | |
| | | |
| | | |
| | | |
| 11,595.50 | | |
RAW |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
PINN01 | |
PINNACLE RECYCLING | |
| |
| |
| |
| 11,595.50 | | |
| - | | |
| - | | |
| - | | |
| 11,595.50 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
POLY02 | |
POLY RECYCLE OF MARYLAND LLC | |
2/25/16 | |
3/3/16 | |
2332 | |
| 14,559.60 | | |
| | | |
| | | |
| | | |
| 14,559.60 | | |
RAW |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
POLY02 | |
POLY RECYCLE OF MARYLAND LLC | |
| |
| |
| |
| 14,559.60 | | |
| - | | |
| - | | |
| - | | |
| 14,559.60 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
PURC01 | |
PITNEY BOWES POSTAGE BY PHONE | |
2/14/16 | |
3/13/16 | |
021416 | |
| 217.98 | | |
| | | |
| | | |
| | | |
| 217.98 | | |
LEASE |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
PURC01 | |
PITNEY BOWES POSTAGE BY PHONE | |
| |
| |
| |
| 217.98 | | |
| - | | |
| - | | |
| - | | |
| 217.98 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
SPOO01 | |
SPOONER INC. | |
2/24/16 | |
3/25/16 | |
76-023016 | |
| 175.00 | | |
| | | |
| | | |
| | | |
| 175.00 | | |
INSURANC |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
SPOO01 | |
SPOONER INC. | |
| |
| |
| |
| 175.00 | | |
| - | | |
| - | | |
| - | | |
| 175.00 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
SUNB03 | |
SUNBELT RENTALS | |
2/15/16 | |
2/20/16 | |
44384632-029 | |
| 1,274.67 | | |
| | | |
| | | |
| | | |
| 1,274.67 | | |
MRO |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
SUNB03 | |
SUNBELT RENTALS | |
| |
| |
| |
| 1,274.67 | | |
| - | | |
| - | | |
| - | | |
| 1,274.67 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
TERM01 | |
TERMINIX | |
2/17/16 | |
3/7/16 | |
3526622140 | |
| 48.26 | | |
| | | |
| | | |
| | | |
| 48.26 | | |
MRO |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
TERM01 | |
TERMINIX | |
| |
| |
| |
| 48.26 | | |
| - | | |
| - | | |
| - | | |
| 48.26 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
UPS01 | |
UPS | |
2/27/16 | |
3/7/16 | |
11YA17096 | |
| 22.87 | | |
| | | |
| | | |
| | | |
| 22.87 | | |
FREIGHT |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
UPS01 | |
UPS | |
| |
| |
| |
| 22.87 | | |
| - | | |
| - | | |
| - | | |
| 22.87 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
VINT01 | |
VINTAGE FILINGS | |
2/25/16 | |
2/25/16 | |
1-410373 | |
| 582.00 | | |
| | | |
| | | |
| | | |
| 582.00 | | |
INVEST |
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
VINT01 | |
VINTAGE FILINGS | |
| |
| |
| |
| 582.00 | | |
| - | | |
| - | | |
| - | | |
| 582.00 | | |
|
| |
| |
| |
| |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
|
Report Total | |
| |
| |
| |
| 191,676.14 | | |
| (8,151.02 | ) | |
| - | | |
| - | | |
| 183,525.12 | | |
|
In re: Axion International, Inc. |
Case No.: 15-12415 |
Debtor |
Reporting Period: February 2016 |
ACCOUNTS RECEIVABLE RECONCILIATION AND
AGING
Accounts Receivable Reconciliation | |
Amount | |
Total Accounts Receivable at the beginning of the reporting period | |
$ | 1,272,071 | |
+ Amounts billed during the period | |
$ | 1,129,000 | |
- Amounts collected during the period | |
$ | (885,778 | ) |
Total Accounts Receivable at the end of the reporting period | |
$ | 1,515,293 | (a) |
Accounts Receivable Aging | |
Amount | |
0 - 30 days old | |
$ | 1,449,807 | |
31 - 60 days old | |
$ | 977 | |
61 - 90 days old | |
| | |
91+ days old | |
$ | 64,510 | |
Total Accounts Receivable | |
$ | 1,515,293 | |
Amount considered uncollectible (Bad Debt) | |
$ | (69,208 | ) |
Accounts Receivable (Net) | |
$ | 1,446,085 | |
DEBTOR QUESTIONNAIRE
Must
be completed each month |
|
Yes |
|
No |
1. |
Have
any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation
below. |
|
|
|
No |
2. |
Have
any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide
an explanation below. |
|
|
|
No |
3. |
Have
all postpetition tax returns been timely filed? If no, provide an explanation below. |
|
Yes |
|
|
4. |
Are
workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below. |
|
Yes |
|
|
5. |
Has
any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s).
If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3. |
|
No |
|
|
(a) Reconciliation
of AR
Beginning balance | |
| 1,272,071 | |
Sales as reported on MOR 2 | |
| 1,111,181 | |
Superior deposit, no invoice | |
| (81,200 | ) |
Freight recorded as a dr to COS, not sales | |
| 97,105 | |
TG Mercer transaction ?? | |
| 1,914 | |
Collections, per MOR-1 | |
| (730,888 | ) |
Collections not reported in MOR-1, as collected 2/29, post cutoff for this report. | |
| (154,890 | ) |
Ending balance | |
| 1,515,293 | |
FORM MOR-5
(04/07)
EXHIBIT 99.3
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
In re: Axion Recycled Plastics Incorporated |
Case No.: 15—12417 |
|
Reporting Period: February 2016 |
MONTHLY OPERATING REPORT (NO ACTIVITY
DURING THE REPORTING PERIOD)
File with Court and submit copy to United
States Trustee within 20 days after end of month
Submit copy of report to any official committee appointed in
the case.
|
|
|
|
Document |
|
Explanation |
|
Affidavit/Supplement |
REQUIRED
DOCUMENTS |
|
Form
No. |
|
Attached |
|
Attached |
|
Attached |
Schedule
of Cash Receipts and Disbursements |
|
MOR-1 |
|
Y |
|
|
|
|
Bank
Reconciliation (or copies of debtor's bank reconciliations) |
|
MOR-1a |
|
Y |
|
|
|
|
Schedule
of Professional Fees Paid |
|
MOR-1b |
|
Y |
|
|
|
|
Copies
of bank statements |
|
|
|
n/a |
|
|
|
|
Cash
disbursements journals |
|
|
|
n/a |
|
|
|
|
Statement
of Operations |
|
MOR-2 |
|
Y |
|
|
|
|
Balance Sheet |
|
MOR-3 |
|
Y |
|
|
|
|
Status of
Postpetition Taxes |
|
MOR-4 |
|
Y |
|
|
|
|
Copies
of IRS Form 6123 or payment receipt |
|
|
|
N |
|
|
|
|
Copies
of tax returns filed during reporting period |
|
|
|
N |
|
|
|
|
Summary of
Unpaid Postpetition Debts |
|
MOR-4 |
|
Y |
|
|
|
|
Listing
of aged accounts payable |
|
MOR-4 |
|
Y |
|
|
|
|
Accounts
Receivable Reconciliation and Aging |
|
MOR-5 |
|
Y |
|
|
|
|
Debtor Questionnaire |
|
MOR-5 |
|
Y |
|
|
|
|
I declare under penalty of perjury (28 U.S.C. Section 1746)
that this report and the attached documents are true and correct to the best of my knowledge and belief.
/s/ Donald W. Fallon |
|
March 18,2016 |
|
Signature of Debtor |
|
Date |
|
|
|
|
|
/s/ Donald W. Fallon |
|
March 18,2016 |
|
Signature of Joint Debtor |
|
Date |
|
|
|
|
|
/s/ Donald W. Fallon |
|
March 18,2016 |
|
Signature of Authorized Individual* |
|
Date |
|
|
|
|
|
Donald W. Fallon |
|
CFO & Treasurer |
|
Printed Name of Authorized Individual |
|
Title of Authorized Individual |
|
*Authorized individual must be an officer, director or shareholder
if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.
MOR
(04/07)
In re: Axion Recycled Plastics Incorporated |
Case No.: 15-12417 |
Debtor |
Reporting Period: February 2016 |
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
Amounts reported should be per the debtor's books, not the bank
statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should
be the balance on the date the petition was filed. The amounts reported in the "CURRENT MONTH - ACTUAL" column must equal
the sum of the four bank account columns. The amounts reported in the "PROJECTED" columns should be taken from the SMALL
BUSINESS INITIAL REPORT (FORM IR-1) . Attach copies of the bank statements and the cash disbursements journal. The total disbursements
listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached
for each account. [See MOR-1 (CON'T)]
| |
BANK ACCOUNTS | | |
CURRENT MONTH | | |
CUMULATIVE FILING TO DATE | |
| |
OPER. | | |
PAYROLL | | |
TAX | | |
OTHER | | |
ACTUAL | | |
PROJECTED | | |
ACTUAL | | |
PROJECTED | |
CASH BEGINNING OF MONTH | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
RECEIPTS | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
CASH SALES | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
ACCOUNTS RECEIVABLE | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
LOANS AND ADVANCES | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
SALE OF ASSETS | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
OTHER (ATTACH LIST) | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
TRANSFERS (FROM DIP ACCTS) | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
TOTAL RECEIPTS | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
DISBURSEMENTS | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
NET PAYROLL | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
PAYROLL TAXES | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
SALES, USE, & OTHER TAXES | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
INVENTORY PURCHASES | |
| | | |
| | | |
NO
ACTIVITY | | |
| | | |
| | |
SECURED/ RENTAL/ LEASES | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
INSURANCE | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
ADMINISTRATIVE | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
SELLING | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
OTHER (ATTACH LIST) | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
OWNER DRAW * | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
TRANSFERS (TO DIP ACCTS) | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
PROFESSIONAL FEES | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
U.S. TRUSTEE QUARTERLY FEES | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
COURT COSTS | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
TOTAL DISBURSEMENTS | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
NET CASH FLOW | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
(RECEIPTS LESS DISBURSEMENTS) | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
CASH - END OF MONTH | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
* COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO
BANKRUPTCY ESTATE
THE FOLLOWING SECTION MUST BE COMPLETED
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN) | |
| | |
TOTAL DISBURSEMENTS | |
$ | - | |
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS | |
$ | | |
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts) | |
$ | | |
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES | |
$ | - | |
FORM MOR-1
(04/07)
In re: Axion Recycled Plastics Incorporated |
Case No.: 15-12417 |
Debtor |
Reporting Period: February 2016 |
BANK RECONCILIATIONS
Continuation Sheet for MOR-1
A bank reconciliation must be included for
each bank account. The debtor's bank reconciliation may be substituted for this page.
|
|
Operating |
|
Payroll |
|
Tax |
|
Other |
|
|
# |
|
|
|
# |
|
|
|
# |
|
|
|
# |
|
|
BALANCE PER BOOKS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BANK BALANCE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(+) DEPOSITS IN TRANSIT (ATTACH LIST) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(-) OUTSTANDING CHECKS (ATTACH LIST) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OTHER (ATTACH EXPLANATION) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ADJUSTED BANK BALANCE * |
|
|
|
|
|
NO ACTIVITY |
|
|
|
|
* Adjusted bank balance must equal balance per books |
|
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|
|
|
|
|
|
DEPOSITS IN TRANSIT |
|
Date |
|
Amount |
|
Date |
|
Amount |
|
Date |
|
Amount |
|
Date |
|
Amount |
|
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|
|
CHECKS OUTSTANDING |
|
Ck. # |
|
Amount |
|
Ch. # |
|
Amount |
|
Ck. # |
|
Amount |
|
Ck. # |
|
Amount |
|
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|
OTHER |
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|
FORM MOR-1a
(04/07)
In re: Axion Recycled Plastics Incorporated |
Case No.: 15-12417 |
Debtor |
Reporting Period: February 2016 |
SCHEDULE OF PROFESSIONAL FEES AND EXPENSES
PAID
This schedule is to include all retained
professional payments from case inception to current month
|
|
|
|
Amount |
|
|
|
Check |
|
Amount Paid |
|
Year-To-Date |
Payee |
|
Period Covered |
|
Approved |
|
Payor |
|
Number |
|
Date |
|
Fees |
|
Expenses |
|
Fees |
|
Expenses |
|
|
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|
NO ACTIVITY |
|
|
|
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|
FORM MOR-1b
(04/07)
In re: Axion Recycled Plastics Incorporated |
Case No.: 15-12417 |
Debtor |
Reporting Period: February 2016 |
STATEMENT OF OPERATIONS
(Income Statement)
The Statement of Operations is to be prepared
on an accrual basis. The accrual basis of accounting recognizes revenue when it is realized and expenses when they are incurred,
regardless of when cash is actually received or paid.
| |
| | |
Cumulative | |
REVENUES | |
Month | | |
Filing to Date | |
Gross Revenues | |
$ | - | | |
$ | - | |
Less: Returns and Allowances | |
| | | |
| | |
Net Revenue | |
$ | | | |
$ | | |
COST OF GOODS SOLD | |
| | | |
| | |
Beginning Inventory | |
| | | |
| | |
Add: Purchases | |
| | | |
| | |
Add: Cost of Labor | |
| | | |
| | |
Add: Other Costs (attach schedule) | |
NO ACTIVITY | |
Less: Ending Inventory | |
| | | |
| | |
Cost of Goods Sold | |
| | | |
| | |
Gross Profit | |
| | | |
| | |
OPERATING EXPENSES | |
| | | |
| | |
Advertising | |
| | | |
| | |
Auto and Truck Expense | |
| | | |
| | |
Bad Debts | |
| | | |
| | |
Contributions | |
| | | |
| | |
Employee Benefits Programs | |
| | | |
| | |
Insider Compensation* | |
| | | |
| | |
Insurance | |
| | | |
| | |
Management Fees/Bonuses | |
| | | |
| | |
Office Expense | |
| | | |
| | |
Pension & Profit-Sharing Plans | |
| | | |
| | |
Repairs and Maintenance | |
| | | |
| | |
Rent and Lease Expense | |
| | | |
| | |
Salaries/Commissions/Fees | |
| | | |
| | |
Supplies | |
| | | |
| | |
Taxes - Payroll | |
| | | |
| | |
Taxes - Real Estate | |
| | | |
| | |
Taxes - Other | |
| | | |
| | |
Travel and Entertainment | |
| | | |
| | |
Utilities | |
| | | |
| | |
Other (attach schedule) | |
| | | |
| | |
Total Operating Expenses Before Depreciation | |
| | | |
| | |
Depreciation/Depletion/Amortization | |
| | | |
| | |
Net Profit (Loss) Before Other Income & Expenses | |
| | | |
| | |
OTHER INCOME AND EXPENSES | |
| | | |
| | |
Other Income (attach schedule) | |
| | | |
| | |
Interest Expense | |
| | | |
| | |
Other Expense (attach schedule) | |
| | | |
| | |
Net Profit (Loss) Before Reorganization Items | |
| | | |
| | |
REORGANIZATION ITEMS | |
| | | |
| | |
Professional Fees | |
| | | |
| | |
U. S. Trustee Quarterly Fees | |
| | | |
| | |
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet) | |
| | | |
| | |
Gain (Loss) from Sale of Equipment | |
| | | |
| | |
Other Reorganization Expenses (attach schedule) | |
| | | |
| | |
Total Reorganization Expenses | |
| | | |
| | |
Income Taxes | |
| | | |
| | |
Net Profit (Loss) | |
$ | - | | |
$ | - | |
*"Insider" is defined in 11 U.S.C. Section 101(31).
FORM MOR-2
(04/07)
In re: Axion Recycled Plastics Incorporated |
|
Case No.: 15-12417 |
Debtor |
|
Reporting Period: February 2016 |
STATEMENT OF OPERATIONS - continuation
sheet
|
|
|
|
Cumulative |
BREAKDOWN OF "OTHER" CATEGORY |
|
Month |
|
Filing to Date |
|
|
|
|
|
Other Costs |
|
|
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|
|
|
|
|
|
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|
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|
|
|
|
|
|
|
|
|
|
|
|
Other Operational Expenses |
|
|
|
|
|
|
|
|
|
|
|
NO ACTIVITY |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Income |
|
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|
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|
|
|
|
|
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|
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|
|
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|
Other Expenses |
|
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|
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|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
|
|
|
Other Reorganization Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
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|
|
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|
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|
|
|
Reorganization Items - Interest Earned on Accumulated Cash
from Chapter 11:
Interest earned on cash accumulated during the chapter 11 case,
which would not have been earned but for the bankruptcy proceeding, should be reported as a reorganization item.
FORM MOR-2 CONT'D
(04/07)
In re: Axion Recycled Plastics Incorporated |
|
Case No.: 15-12417 |
Debtor |
|
Reporting Period: February 2016 |
BALANCE SHEET
The Balance Sheet is to be completed on an accrual basis only.
Pre-petition liabilities must be classified separately from postpetition obligations.
| |
BOOK VALUE AT END OF | | |
BOOK VALUE ON | |
ASSETS | |
CURRENT REPORTING MONTH | | |
PETITION DATE | |
CURRENT ASSETS | |
| | | |
| | |
Unrestricted Cash and Equivalents | |
$ | - | | |
$ | - | |
Restricted Cash and Cash Equivalents (see continuation sheet) | |
| | | |
| | |
Accounts Receivable (Net) | |
| | | |
| | |
Notes Receivable | |
| | | |
| | |
Inventories | |
| | | |
| | |
Prepaid Expenses | |
NO ACTIVITY | |
Professional Retainers | |
| | | |
| | |
Other Current Assets (attach schedule) | |
| | | |
| | |
TOTAL CURRENT ASSETS | |
$ | | | |
$ | | |
PROPERTY AND EQUIPMENT | |
| | | |
| | |
Real Property and Improvements | |
| | | |
| | |
Machinery and Equipment | |
| | | |
| | |
Furniture, Fixtures and Office Equipment | |
| | | |
| | |
Leasehold Improvements | |
| | | |
| | |
Vehicles | |
| | | |
| | |
Less Accumulated Depreciation | |
| | | |
| | |
TOTAL PROPERTY & EQUIPMENT | |
$ | | | |
$ | | |
OTHER ASSETS | |
| | | |
| | |
Loans to Insiders* | |
| | | |
| | |
Other Assets (attach schedule) | |
| | | |
| | |
TOTAL OTHER ASSETS | |
$ | | | |
$ | | |
| |
| | | |
| | |
TOTAL ASSETS | |
$ | | | |
$ | | |
| |
BOOK VALUE AT END OF | | |
BOOK VALUE ON | |
LIABILITIES AND OWNER EQUITY | |
CURRENT REPORTING MONTH | | |
PETITION DATE | |
LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition) | |
| | | |
| | |
Accounts Payable | |
| | | |
| | |
Taxes Payable (refer to FORM MOR-4) | |
| | | |
| | |
Wages Payable | |
| | | |
| | |
Notes Payable | |
| | | |
| | |
Rent / Leases - Building/Equipment | |
| | | |
| | |
Secured Debt / Adequate Protection Payments | |
| | | |
| | |
Professional Fees | |
| | | |
| | |
Amounts Due to Insiders* | |
| | | |
| | |
Other Postpetition Liabilities (attach schedule) | |
| | | |
| | |
TOTAL POSTPETITION LIABILITIES | |
$ | | | |
$ | | |
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition) | |
| | | |
| | |
Secured Debt | |
| | | |
| | |
Priority Debt | |
| | | |
| | |
Unsecured Debt | |
| | | |
| | |
TOTAL PRE-PETITION LIABILITIES | |
$ | | | |
$ | | |
| |
| | | |
| | |
TOTAL LIABILITIES | |
$ | | | |
$ | | |
OWNER EQUITY | |
| | | |
| | |
Capital Stock | |
| | | |
| | |
Additional Paid-In Capital | |
| | | |
| | |
Partners' Capital Account | |
| | | |
| | |
Owner's Equity Account | |
| | | |
| | |
Retained Earnings - Pre-Petition | |
| | | |
| | |
Retained Earnings - Postpetition | |
| | | |
| | |
Adjustments to Owner Equity (attach schedule) | |
| | | |
| | |
Postpetition Contributions (Distributions) (Draws) (attach schedule) | |
| | | |
| | |
NET OWNER EQUITY | |
$ | | | |
$ | | |
| |
| | | |
| | |
TOTAL LIABILITIES AND OWNERS' EQUITY | |
$ | | | |
$ | | |
*"Insider" is defined in 11 U.S.C. Section 101(31).
FORM MOR-3
(04/07)
In re: Axion Recycled Plastics Incorporated |
|
Case No.: 15-12417 |
Debtor |
|
Reporting Period: February 2016 |
BALANCE SHEET - continuation sheet
|
|
BOOK VALUE AT END OF |
|
BOOK VALUE ON |
ASSETS |
|
CURRENT REPORTING MONTH |
|
PETITION DATE |
Other Current Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NO ACTIVITY |
|
|
|
|
|
|
|
|
|
|
Other Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
|
|
|
|
|
|
|
|
|
|
BOOK VALUE AT END OF |
|
BOOK VALUE ON |
LIABILITIES AND OWNER EQUITY |
|
CURRENT REPORTING MONTH |
|
PETITION DATE |
Other Postpetition Liabilities |
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
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|
|
Adjustments to Owner Equity |
|
|
|
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|
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|
|
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|
|
|
|
|
|
|
|
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|
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|
|
|
|
|
|
|
|
|
|
|
Postpetition Contributions (Distributions) (Draws) |
|
|
|
|
|
|
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|
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|
Restricted Cash is cash that is restricted for a specific use
and not available to fund operations. Typically, restricted cash is segregated into a separate account, such as an escrow account.
FORM MOR-3 CONT'D
(04/07)
In re: Axion Recycled Plastics Incorporated |
|
Case No.: 15-12417 |
Debtor |
|
Reporting Period: February 2016 |
STATUS OF POSTPETITION TAXES
The beginning tax liability should be the ending liability from
the prior month or, if this is the first report, the amount should be zero.
Attach photocopies of IRS Form 6123 or payment receipt to verify
payment or deposit of federal payroll taxes.
Attach photocopies of any tax returns filed during the reporting
period.
|
|
Beginning |
|
Amount |
|
|
|
|
|
|
|
Ending |
|
|
Tax |
|
Withheld or |
|
Amount |
|
Date |
|
Check No. |
|
Tax |
|
|
Liability |
|
Accrued |
|
Paid |
|
Paid |
|
or EFT |
|
Liability |
Federal |
|
|
|
|
|
|
|
|
|
|
|
|
Withholding |
|
|
|
|
|
|
|
|
|
|
|
|
FICA-Employee |
|
|
|
|
|
|
|
|
|
|
|
|
FICA-Employer |
|
|
|
|
|
|
|
|
|
|
|
|
Unemployment |
|
|
|
NO ACTIVITY |
|
|
|
|
Income |
|
|
|
|
|
|
|
|
|
|
|
|
Other:_________________ |
|
|
|
|
|
|
|
|
|
|
|
|
Total Federal Taxes |
|
|
|
|
|
|
|
|
|
|
|
|
State and Local |
|
|
|
|
|
|
|
|
|
|
|
|
Withholding |
|
|
|
|
|
|
|
|
|
|
|
|
Sales |
|
|
|
|
|
|
|
|
|
|
|
|
Excise |
|
|
|
|
|
|
|
|
|
|
|
|
Unemployment |
|
|
|
|
|
|
|
|
|
|
|
|
Real Property |
|
|
|
|
|
|
|
|
|
|
|
|
Personal Property |
|
|
|
|
|
|
|
|
|
|
|
|
Other:_________________ |
|
|
|
|
|
|
|
|
|
|
|
|
Total State and Local |
|
|
|
|
|
|
|
|
|
|
|
|
Total Taxes |
|
|
|
|
|
|
|
|
|
|
|
|
SUMMARY OF UNPAID POSTPETITION DEBTS
Attach aged listing of accounts payable.
| |
| | |
Number of Days Past Due | | |
| |
| |
Current | | |
0-30 | | |
31-60 | | |
61-90 | | |
Over 90 | | |
Total | |
Accounts Payable | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Wages Payable | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Taxes Payable | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Rent/Leases-Building | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Rent/Leases-Equipment | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Secured Debt/Adequate Protection Payments | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Professional Fees | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Amounts Due to Insiders* | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Other:__________________________ | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Other:__________________________ | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Total Postpetition Debts | |
| | | |
| | | |
| | | |
| | | |
| | | |
$ | - | |
Explain how and when the Debtor intends to pay any past-due
postpetition debts.
*"Insider" is defined in 11 U.S.C. Section 101(31).
FORM MOR-4
(04/07)
In re: Axion Recycled Plastics Incorporated |
|
Case No.: 15-12417 |
Debtor |
|
Reporting Period: February 2016 |
ACCOUNTS RECEIVABLE RECONCILIATION AND
AGING
Accounts Receivable Reconciliation | |
| |
Amount | |
Total Accounts Receivable at the beginning of the reporting period | |
| |
$ | - | | |
| | |
+ Amounts billed during the period | |
| |
$ | - | | |
| | |
- Amounts collected during the period | |
NO ACTIVITY | |
| | | |
| | |
Total Accounts Receivable at the end of the reporting period | |
| |
$ | - | | |
| | |
| |
| |
| | | |
| | |
Accounts Receivable Aging | |
| |
Amount | |
0 - 30 days old | |
| |
$ | - | | |
| | |
31 - 60 days old | |
| |
$ | - | | |
| | |
61 - 90 days old | |
| |
$ | - | | |
| | |
91+ days old | |
| |
$ | - | | |
| | |
Total Accounts Receivable | |
| |
$ | - | | |
| | |
Amount considered uncollectible (Bad Debt) | |
| |
$ | - | | |
| | |
Accounts Receivable (Net) | |
| |
$ | - | | |
| | |
DEBTOR QUESTIONNAIRE
Must be completed each month | |
Yes | |
No |
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below. | |
| |
No |
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below. | |
| |
No |
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below. | |
Yes | |
|
4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below. | |
Yes (a) | |
|
5. Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3. | |
| |
No |
(a) - no employees employed under this debtor, but all employees
for related debtor have all coverages in place.
FORM MOR-5
(04/07)