Exhibit 99.1

IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF NEBRASKA



In re:			)	Case No. 10-82436
			)
PROFESSIONAL VETERINARY PRODUCTS, LTD, A NEBRASKA CORPORATION,		) ) )		CHAPTER 11
			)
	Debtor,		)
			)

In re:			)	Case No. 10-82438
			)
EXACT LOGISTICS, LLC,			)
			)	CHAPTER 11
Debtor,			)
			)
			)
			)

In re:			)	Case No. 10-82437
			)
PROCONN, LLC,			)
			)	CHAPTER 11
			)
Debtor,			)
			)
			)
			)
			)

MONTHLY OPERATING REPORT FOR THE PERIOD
07/01/2011 THROUGH 07/31/2011

I CERTIFY UNDER PENALTY OF PERJURY THAT THE FOLLOWING CONSOLIDATED OPERATING REPORT, CONSISTING OF ONE (1) PAGE IS TRUE AND CORRECT.



Date Submitted 8/3/11	/s/ Vicky Winkler
	Vicky Winkler, President/CEO

IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF NEBRASKA

CASE NAME: Summary Report for Professional Veterinary Products, LTD; Exact Logistics, LLC; ProConn, LLC
CASE NO.: 10-82436; 10-82438; 10-82437

Summary of Cash Receipts and Disbursements For The Above Noted Entities
For Period July 1-31, 2011


	Wells Fargo		FNBO			JP Morgan		Fulton Bank		Total
BEGINNING BALANCE (06/30/11)	$	0.00	$	11,708,307.75		$	0.00	$	0.00	$	11,708,307.75


RECEIPTS:
1. Receipts from A/R Collections		0.00		16,146.97			0.00		0.00		16,146.97
2. Receipts from Bulk Sale of Inventory		0.00		0.00			0.00		0.00		0.00
3. Receipts from Sale of Intangible Assets		0.00		0.00			0.00		0.00		0.00
4. Receipts from Sale of De Minimis Assets		0.00		3,000.00			0.00		0.00		3,000.00
5. Receipts from Sale of Fixed Assets		0.00		0.00			0.00		0.00		0.00
6. Other Receipts		0.00		4,319.59			0.00		0.00		4,319.59

TOTAL RECEIPTS		0.00		23,466.56			0.00		0.00		23,466.56


TRANSFERS:		0.00		0.00			0.00		0.00		0.00


DISBURSEMENTS:
3. Line of credit Wells Fargo		0.00		0.00			0.00		0.00		0.00

4. Payments to Officers and Directors:
a. Officers		0.00		8,745.40			0.00		0.00		8,745.40
b. Directors		0.00		0.00			0.00		0.00		0.00

Subtotal — payments to Officers and Directors		0.00		8,745.40			0.00		0.00		8,745.40

5. Taxes — personnel
a. Federal Income Tax		0.00		3,965.33			0.00		0.00		3,965.33
b. FICA withholdings		0.00		2,047.13			0.00		0.00		2,047.13
c. Medicare		0.00		570.83			0.00		0.00		570.83
d. Federal Unemployment		0.00		4.38			0.00		0.00		4.38
e. State Income Tax		0.00		1,095.14			0.00		0.00		1,095.14
f. State Unemployment		0.00		43.73			0.00		0.00		43.73
g. State Unemployment/Disability		0.00		0.00			0.00		0.00		0.00
h. Local Income Tax		0.00		0.00			0.00		0.00		0.00

Subtotal — taxes		0.00		7,726.54			0.00		0.00		7,726.54

6. Necessary expenses:
Inventory purchases		0.00		0.00			0.00		0.00		0.00
Freight and supplies		0.00		0.00			0.00		0.00		0.00
Wages, ETO, Commissions, Incentives, Fees (Net of income taxes withheld and reported above)		0.00		4,937.96			0.00		0.00		4,937.96
Benefits		0.00		0.00			0.00		0.00		0.00
Professional and Trustee Fees		0.00		83,381.89			0.00		0.00		83,381.89
Credit card fees		0.00		0.00			0.00		0.00		0.00
Bayer escrow		0.00		0.00			0.00		0.00		0.00
Payment of Sales Taxes		0.00		0.00			0.00		0.00		0.00
Building Expenses		0.00		1,295.50			0.00		0.00		1,295.50
Building Lease		0.00		0.00			0.00		0.00		0.00
Equipment Leases and Expenses		0.00		0.00			0.00		0.00		0.00
Utilities Expense		0.00		216.82			0.00		0.00		216.82
Utilities Deposit		0.00		0.00			0.00		0.00		0.00
Insurance		0.00		0.00			0.00		0.00		0.00
Real Estate & Personal Property Taxes		0.00		95,972.40			0.00		0.00		95,972.40
Accounting and Tax Fees		0.00		0.00			0.00		0.00		0.00
Wells Fargo Escrow		0.00		0.00			0.00		0.00		0.00
Bank Fees/Interest		0.00		0.00			0.00		0.00		0.00
Misc. G&A and Other fees		0.00		11,025.67			0.00		0.00		11,025.67

Subtotal — necessary expenses		0.00		196,830.24			0.00		0.00		196,830.24


TOTAL DISBURSEMENTS		0.00		213,302.18			0.00		0.00		213,302.18


NET CASH FLOW		0.00		(189,835.62	)		0.00		0.00		(189,835.62	)


ENDING BANK BALANCE (7/31/11)	$	0.00	$	11,518,472.13		$	0.00	$	0.00	$	11,518,472.13


BANK BALANCES Per Bank Statement	$	0.00	$	11,518,472.13		$	0.00	$	0.00	$	11,518,472.13

PROFESSIONAL VETERINARY PRODUCTS LTD /NE/ 8-K