EX-99.1 3 ex_99-1.txt EXHIBIT 99.1 OFFICE OF THE UNITED STATES TRUSTEE ------------------------------------------------------------------------------ ---------------------------------------- In Re: DEBTOR IN POSSESSION OPERATING REPORT ---------------------------------------- FREEREALTIME.COM, INC. - CONSOLIDATED 8001 Irvine Center Drive, 4th Floor Report Number: 17 Irvine, CA 92618 Debtor For the Period From: August 1, 2002 Chapter 11 Case No: SA01-13495JR For the Period To: August 31, 2002 ------------------------------------------------------------------------------- ----------------------------------------

2. Aging of Accounts Payable and Accounts Receivable (exclude pre-petition accounts payable):

3. Statement of Status of Payments to Secured Creditors and Lessors:

4. Tax Liability: Gross Payroll Expense for the Period: $ 66,217 Gross Sales for Period Subject to Sales Tax: $ -

*Attach photocopies of depository receipts from taxing authorities or financial institutions to verify that such deposits or payments have been made. 5. Insurance Coverage: SEE ATTACHED

I, Michael Neufeld, President, CFO, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge. Dated: 9/20/2002 /S/ Michael Neufeld ----------------------- ------------------------------------ Debtor in Possession or Trustee FREEREALTIME.COM - CONSOLIDATED MISCELLANEOUS OPERATING EXPENSES (Part 1A) August 1, 2002 - August 31, 2002 ACCOUNT AMOUNT --------------------------------------------------- Bank Charges 461 Sales and Marketing 18,452 Professional Fees 1,791 Other 1,384 ----------- Total 22,088 =========== FreeRealTime.com, Inc. Insurance Policies DIRECTORS & OFFICERS LIABILITY INSURANCE ---------------------------------------- Name of Insurer: National Union Fire Ins Co Policy # 8742183 Coverage: Liability - $2,000,000, Retention - $250,000 Expiration Date: 9/30/2002 Monthly bill: $12,273.85 WORKER'S COMPENSATION --------------------- Name of Insurer: Preferred Employers Insurance Co. Policy # WKN108670-1 Coverage: Liability - $1 million Expiration Date: 12/1/2002 Annual bill: $2,600.00 GENERAL LIABILITY & PROPERTY INSURANCE -------------------------------------- Name of Insurer: Chubb Custom Ins Co. Policy # 7949-12-09 Coverage: Expiration Date: 1/19/2003 Monthly bill: $2,500.00 MEDICAL INSURANCE ----------------- Name of Insurer: Blue Shield of California Policy # H52525 & 942816 Expiration Date: 12/31/2002 Monthly bill: Varies based on number of employees DENTAL INSURANCE ---------------- Name of Insurer: Guardian Dental Policy # 355311 Expiration Date: 12/31/2002 Monthly bill: Varies based on number of employees

FREEREALTIME COM INC 8-K