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8-K - Corporate Equity Investments, Inc.ssg8k111209.htm
EX-99.1 - Corporate Equity Investments, Inc.dmpassetfinancials.htm
EX-10 - ASSET PURCHASE, SALE AND TRANSFER AGREEMENT - Corporate Equity Investments, Inc.spinoutagreementdmpssg111209.htm



PRO FORMA FINANCIAL INFORMATION

The following unaudited pro forma combined balance sheet and statement of operations of Security Solutions Group, Inc. are presented as if the Asset Purchase, Sale and Transfer Agreement between SSG and DMP had been completed on January 1, 2009


 These unaudited pro forma combined financial statements should be read in conjunction with the historical financial statements and accompanying notes of Brand Protection and Anti-Theft Business Segments included herein. The unaudited pro forma combined financial statements are not necessarily indicative of the results of operations or financial position of SSG that would have been reported had the Asset Purchase, Sale and Transfer Agreement been completed as of the dates presented, and are not necessarily representative of the future  results of operations or financial position of SSG.


SECURITY SOLUTIONS GROUP, INC.

 UNAUDITED PRO FORMA COMBINED BALANCE SHEETS

 September 30, 2009

 

 

 

 

 

 

 

 

Security

 Solutions

 Group

 

Brand

     Protection  &    

Anti-Theft  

 

Consolidated

 

ASSETS

 

 

 

 

 

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

 

 

 

    Cash

 

 

$

3,000 

 

$

    107,020 

 

$

110,020 

 

   Accounts receivable, net

 

 

 

 

 

17,998 

 

 

17,998 

 

   Other current assets

 

 

 

 

 

38,507 

 

 

38,507 

 

        Total current assets

 

 

 

3,000 

 

 

163,525 

 

 

166,525 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed assets, net

 

 

 

 

 

123,285 

 

 

123,285 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

 

$

3,000 

 

$

286,810 

 

$

289,810 

 

 

 

 

 

 

 

 

 

 

 

 

 

 LIABILITIES AND STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

 

 

 

    Due to related parties

 

 

$

37,393 

 

$

 

$

37,393 

 

   Accounts payable and accrued expenses

 

 

 

 

 

44,405 

 

 

44,405 

 

        Total current liabilities

 

 

 

37,393 

 

 

44,405 

 

 

81,798 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total liabilities

 

 

 

37,393 

 

 

44,405 

 

 

81,798 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commitments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stockholders’ equity:

 

 

 

 

 

 

 

 

 

 

 

 Preferred stock (no par value, 5,000,000 shares

 

 

 

 

 

 

 

 

 

 

 

 authorized, none issued and outstanding)

 

 

 

 

 

 

 

 

 Common stock ($0.001 par value, 500,000,000

 

 

 

 

 

 

 

 

 

 

 

shares authorized, 32,720,000 shares issued and outstanding)

 

 

 

32,720 

 

 

 

 

32,720 

 

Additional paid in capital

 

 

 

(23,541)

 

 

 

 

(23,541)

 

Accumulated other comprehensive income

 

 

 

 

 

(22,384)

 

 

(22,384)

 

Contributed capital

 

 

 

 

 

1,347,819 

 

 

1,347,819 

 

Retained earnings

 

 

 

(43,572)

 

 

(1,083,030)

 

 

(1,126,602)

 

Total stockholders’ equity (deficit)

 

 

 

(34,393)

 

 

242,405 

 

 

208,012 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total liabilities and stockholders’ equity (deficit)

 

 

$

3,000 

 

$

286,810 

 

$

289,810 

 







SECURITY SOLUTIONS GROUP, INC.

UNAUDITED  PRO FORMA COMBINED STATEMENTS OF OPERATIONS

For the Nine Months ended September 30, 2009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security

Solutions

Group

 

Brand

Protection &

Anti-Theft

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

                -   

 

 $

     199,729

 

$

       199,729

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of goods sold

 

 

                -   

 

 

       39,824

 

 

         39,824

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit

 

 

                -   

 

 

     159,905

 

 

       159,905

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses

 

 

 

 

 

 

 

 

 

 

 

Salaries

 

 

          6,000

 

 

     205,974

 

 

       211,974

 

 

Professional fees

 

 

        36,525

 

 

         3,741

 

 

         40,266

 

 

Travel

 

 

                -   

 

 

       67,285

 

 

         67,285

 

 

Investor relations

 

 

          2,423

 

 

               -   

 

 

           2,423

 

 

Insurance

 

 

                -   

 

 

       29,307

 

 

         29,307

 

 

Property

 

 

                -   

 

 

       16,955

 

 

         16,955

 

 

Telephone

 

 

                -   

 

 

       13,773

 

 

         13,773

 

 

General and administrative

 

 

             355

 

 

         7,836

 

 

           8,191

 

 

 

 

 

 

 

 

 

 

 

 

 

Total operating expenses

 

 

        45,303

 

 

     344,871

 

 

       390,174

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

 

 

 

 

 

 

 

 

 

Forgiveness of debt

 

 

        39,277

 

 

               -   

 

 

         39,277

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

       (45,303)

 

$

   (184,966)

 

 

     (230,269)

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common

 

 

 

 

 

 

 

 

 

 

 

shares outstanding - basic and fully diluted

 

 

 32,547,692

 

 

               -   

 

 

  32,547,692

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share - basic and fully diluted

 

           (0.01)

 

               -   

 

 

           (0.01)