ASSETS

Current assets

Cash

LIABILITIES AND STOCKHOLDER’S DEFICIT

Current liabilities

Accounts payable

Due to related party (Note 3)

Total liabilities

Contingencies (Note 1)

Commitments (Note 6)

Subsequent events (Note 7)

Stockholder’s deficit:

Common stock, with no par value; unlimited number of shares authorized, 1 share issued and outstanding

Deficit accumulated during the development stage

Total stockholder’s deficit

EXPENSES

General and administrative (Note 3)

Net loss

Net loss per share – basic and diluted

Weighted average shares outstanding

Cash flow from operating activities:

Net loss

Adjustments to reconcile net loss to net cash used in operating activities:

Changes in operating assets and liabilities:

Accounts payable

Due to related party

 Net cash used in operating activities

Cash flows from financing activities:

Issuance of common stock for cash

Net cash provided by financing activities

Net change in cash

Cash, beginning of period

Cash, end of period

Balance at July 20, 2010 (inception)

Share issued for cash

Net loss

Balance at December 31, 2010

Nature of Operations and Continuance of Business

Sunlogics Power Fund Inc. (the "Company") was incorporated under the laws of Canada on July 20, 2010. The Company subsequently changed its name to Sunlogics Power Fund Management Inc. on February 14, 2011. The Company is a development stage company whose principal business plan is to seek earnings by acquiring revenue producing solar energy projects.

These financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America applicable to a going concern. At December 31, 2010, the Company has no revenues to date, has accumulated losses of $87,500 and a working capital deficit of $87,499 and expects to incur further losses in the development of its business, all of which cast substantial doubt about the Company’s ability to continue as a going concern. Management plans to continue to provide for the Company's capital needs during the year ending December 31, 2011 by issuing debt and equity securities and by the continued support of its related parties (see Note 3). The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue in existence. There is no assurance that funding will be available to continue the Company’s business operations.

Summary of Significant Accounting Policies

Development stage enterprise

The Company is a development stage company as defined in Financial Accounting Standards Board ("FASB"), Accounting Standards Codification (“ASC”) 915, “Development Stage Entities”. The Company is devoting substantially all of its present efforts to establishing a new business, and its planned principal operations have not yet commenced. All losses accumulated since inception have been considered as part of the Company's development stage activities.

Basis of presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States and are expressed in Canadian dollars. The Company’s fiscal year end is December 31.

Basic and diluted net loss per share

The Company computes net loss per share in accordance with ASC 260, “Earnings per Share”, which requires presentation of both basic and diluted loss per share (“EPS”) on the face of the statement of operations. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of common shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including stock options, using the treasury stock method, convertible preferred stock, and convertible debt, using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all potentially dilutive common shares if their effect is antidilutive. At December 31, 2010 there were no potentially dilutive instruments outstanding.

Summary of Significant Accounting Policies (continued)

Foreign currency transactions/balances

Transactions in currencies other than the U.S. dollar are translated at the rate in effect on the transaction date. Any balance sheet items denominated in foreign currencies are translated into U.S. dollars using the rate in effect on the balance sheet date. There have been no significant transactions in currencies other than the U.S. dollar since Inception.

Income taxes

The Company determines its income taxes under the asset and liability method in accordance with ASC 740, "Income Taxes," which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

Use of estimates

The preparation of financial statements, in conformity with accounting principles generally accepted in the United States of America, requires management to make estimates and assumptions that affect the amounts reported in these financial statements and the accompanying notes. A significant area requiring estimates is the valuation of deferred income tax assets. Actual results could differ from those estimates.

Comprehensive Loss

ASC 220, Comprehensive Income, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at December 31, 2010, the Company has no items that represent other comprehensive loss and, therefore, has not included a schedule of other comprehensive loss in the financial statements.

Financial instruments

The Company’s financial instruments consist principally of cash, accounts payable and due to related parties. Pursuant to ASC 820, Fair Value Measurements and Disclosures, and ASC 825, Financial Instruments the fair value of the Company’s cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The Company believes that the recorded values of all of the Company’s other financial instruments approximate their current fair values because of their nature or respective relatively short maturity dates.

The Company’s operations are in Canada, which results in exposure to market risks from changes in foreign currency rates. Foreign currency risk is the risk to the Company’s operations that arise from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk.

Related Party Transactions and Balances

During the period from July 20, 2010 (Date of Inception) to December 31, 2010, the Company recognized $75,000 for management fees due to a company controlled by a director of the Company (see Note 6(a)). The transaction was in the normal course of operations and was recorded at the exchange amount, which is the amount agreed upon by the related parties.

Common Stock

On July 20, 2010, the Company issued one common share for gross proceeds of $1.

Income Taxes

The Company is subject to Canadian federal and provincial income taxes at an approximate rate of 31%. The reconciliation of the provision for income taxes at the Canadian federal and provincial statutory rate compared to the Company’s income tax recovery as reported is as follows:

Income tax recovery computed at the statutory rate

Change in tax rates

Change in valuation allowance

Income tax recovery

Deferred income tax assets

 Cumulative net operating losses

 Valuation allowance

Net deferred income tax assets

Commitments

On August 1, 2010, the Company entered into a management agreement with the Company’s sole director and shareholder. Under the agreement, the Company’s sole director and shareholder will provide management services to the Company for $15,000 per month for a three- year period ending July 31, 2013.

On August 1, 2010, the Company entered into a consulting agreement. Under the agreement, the consultant will provide accounting and related services to the Company for $2,500 per month for a one-year period ending July 31, 2011.

On December 30, 2010, the Company entered into a Stock Purchase Agreement (the “SPA”) with the Company’s sole director and shareholder, and Salamon Group Inc. (the “Registrant”), whereby the Registrant agreed to acquire all of the issued and outstanding shares of capital stock of the Company from the Company’s sole director and shareholder in exchange for 40,000,000 shares of the Registrant’s common stock. The consummation of the transaction is subject to the satisfaction or waiver of certain conditions and there is no assurance that the transaction will ultimately be completed.

During the normal course of business, the Company has made certain indemnities and guarantees under which it may be required to make payments in relation to certain transactions. The Company indemnifies its directors, officers, employees and agents to the maximum extent permitted under the laws of the State of Nevada. These indemnities include certain agreements with the Company's officers under which the Company may be required to indemnify such person for liabilities arising out of their employment relationship. The duration of these indemnities and guarantees varies and, in certain cases, is indefinite. The majority of these indemnities and guarantees do not provide for any limitation of the maximum potential future payments the Company could be obligated to make. Historically, the Company has not been obligated to make significant payments for these obligations and no liabilities have been recorded for these indemnities and guarantees in the accompanying balance sheets.

Subsequent Events

On May 2, 2011, the Company finalized and entered into a written agreement with Sunlogics Inc., a company with a common director and shareholder, under which Sunlogics Inc. granted the Company a right of first offer to purchase any solar assets developed and built by Sunlogics Inc. upon their completion. Sunlogics Inc. is in the business of developing solar powered electricity generating facilities including solar canopy, rooftop or ground mount generating stations.

The Company has evaluated subsequent events to May 4, 2011, the date thes