Be Active Holdings, Inc. - FORM 8-K - EX-99.3 - PRO FORMA UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2012 AND 2011 - January 15, 2013

Attached files

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8-K - Be Active Holdings, Inc.q1100922_8k-beactive.htm
EX-10.10 - EMPLOYMENT AGREEMENT BETWEEN THE COMPANY AND MARC WEXLER - Be Active Holdings, Inc.q1100922_ex10-10.htm
EX-10.1 - FORM OF SUBSCRIPTION AGREEMENT - Be Active Holdings, Inc.q1100922_ex10-1.htm
EX-10.7 - 2013 EQUITY INCENTIVE PLAN - Be Active Holdings, Inc.q1100922_ex10-7.htm
EX-10.6 - FORM OF DIRECTORS AND OFFICERS INDEMNIFICATION AGREEMENT - Be Active Holdings, Inc.q1100922_ex10-6.htm
EX-10.9 - FORM OF 2013 NON-QUALIFIED STOCK OPTION AGREEMENT - Be Active Holdings, Inc.q1100922_ex10-9.htm
EX-2.1 - AGREEMENT AND PLAN OF MERGER - Be Active Holdings, Inc.q1100922_ex2-1.htm
EX-21.1 - LIST OF SUBSIDIARIES - Be Active Holdings, Inc.q1100922_ex21-1.htm
EX-2.2 - CERTIFICATE OF MERGER - Be Active Holdings, Inc.q1100922_ex2-2.htm
EX-99.1 - BE ACTIVE BRANDS, INC. AUDITED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010 - Be Active Holdings, Inc.q1100922_ex99-1.htm
EX-99.2 - BE ACTIVE BRANDS, INC. UNAUDITED FINANCIAL STATEMENTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2012 AND 2011 - Be Active Holdings, Inc.q1100922_ex99-2.htm
EX-10.11 - EMPLOYMENT AGREEMENT BETWEEN THE COMPANY AND DAVID WOLFSON - Be Active Holdings, Inc.q1100922_ex10-11.htm
EX-10.12 - EMPLOYMENT AGREEMENT BETWEEN THE COMPANY AND SAVERIO PUGLIESE - Be Active Holdings, Inc.q1100922_ex10-12.htm
EX-10.2 - FORM OF REGISTRATION RIGHTS AGREEMENT - Be Active Holdings, Inc.q1100922_ex10-2.htm
EX-10.3 - FORM OF WARRANT - Be Active Holdings, Inc.q1100922_ex10-3.htm
EX-10.5 - STOCK PURCHASE AGREEMENT - Be Active Holdings, Inc.q1100922_ex10-5.htm
EX-10.4 - AGREEMENT OF CONVEYANCE - Be Active Holdings, Inc.q1100922_ex10-4.htm
EX-10.8 - FORM OF 2013 INCENTIVE STOCK OPTION AGREEMENT - Be Active Holdings, Inc.q1100922_ex10-8.htm

Exhibit 99.3

Pro forma unaudited consolidated financial statements for the nine months ended September 30, 2012 and 2011

 

 

 

 
 

 BE ACTIVE HOLDINGS, INC. 
 PRO FORMA CONSOLIDATED STATEMENT OF OPERATIONS 
 UNAUDITED
                                   
      BE ACTIVE HOLDINGS, INC BE ACTIVE BRANDS, INC.          
      f/k/a Super Light, Inc.             Proforma
      Nine Months Ended   Nine Months Ended     Proforma   Nine Months Ended
      September 30, 2012   September 30, 2012 Notes   Adjustments   September 30, 2012
                                   
                                   
   Sales      $ 85,300   $ 1,582,063           (85,300)   $ 1,582,063
   Trade spend and sales discounts        0     631,928                 631,928
   Cost of goods sold        54,000     986,929           (54,000)     986,929
                                   
   Gross Profit (Loss)        31,300     (36,794)           (31,300)     (36,794)
                                   
   Operating expenses:                                 
      Selling expenses        0     233,500                 233,500
      General and administrative        24,406     379,448           (24,406)     379,448
                                     
   Total Operating Expenses        24,406     612,948           (24,406)     612,948
                                     
   Net operating income (loss)        6,894     (649,742)           (6,894)     (649,742)
                                     
   Other Income (Expenses)                                 
      Interest expense, net        0     (8,730)                 (8,730)
      Gain due to currency exchange        238                 (238)     0
      Depreciation and amortization expense        0     (231)                 (231)
   Total Other Income (Expense)        238     (8,961)           (238)     (8,961)
                                   
   Net Income (Loss)      $ 7,132   $ (658,703)     (1)     (7,132)   $ (658,703)

 
 

 BE ACTIVE HOLDINGS, INC.   
 PRO FORMA CONSOLIDATED BALANCE SHEET   
UNAUDITED  
                                     
                                     
      BE ACTIVE HOLDINGS, INC BE ACTIVE BRANDS, INC.            
      f/k/a Super Light, Inc.                
                Pro Forma    
  Assets   September 30, 2012   September 30, 2012 Notes   Adjustments   Pro Forma  
                                     
  Current assets                                  
   Cash and cash equivalents      $ 0   $ 131               $ 131  
   Accounts receivable        0     91,621                 91,621  
   Inventory        0     260,958                  260,958  
   Prepaid expenses        0     300                  300  
         Total current assets        0     353,010                 353,010  
                                     
   Property and equipment, net        0     767                 767  
                                     
   Total assets      $ 0   $ 353,777               $ 353,777  
                                       
   Liabilities and shareholders' deficiency                                   
                                       
   Current liabilities                                   
     Notes payable, related parties      $ 0   $ 198,001               $ 198,001  
     Convertible notes payable        0     135,000     (2)     (135,000)     0  
     Loans payable        0     85,000                 85,000  
     Accounts payable        0     308,073                 308,073  
     Accrued expenses and taxes        2,600     7,548                 10,148  
     Due to officers        80     347,597                 347,677  
                                       
         Total current liabilities        2,680     1,081,219                 948,899  
                                       
   Shareholders' deficiency                                   
     Preferred stock                                   
     Common stock        12,632     2,950     (3)     (9,030)     6,623  
                      (4)     71        
     Additional paid in capital        41,115     1,496,050     (5)     93,814     1,630,979  
                                       
     Accumulated deficit        (56,427)     (2,226,442)     (6)     50,145     (2,232,724)  
         Total shareholders deficiency        (2,680)     (727,442)                 (595,122)  
         Total liabilities and shareholders deficiency    $ 0   $ 353,777               $ 353,777  
                                     
                                     
  (1)  Net income for Superlight, Inc. for the period ended September 30, 2012 has been eliminated as a result of the Agreement of Merger and Plan of Reorganization
  (2)  An aggregrate of $135,000 of bridge notes of Be Active converted into the Private Placement at a per Unit price of $0.19.  
  (3)  Cancellation of 90,304,397 shares of the Company's common stock reducing the amount of common stock to 20,851,336 pursuant to Agreement of Merger and Plan of Reorganization  
  (4)  An aggregrate of $135,000 of bridge notes of Be Active converted into the Private Placement at a per Unit price of $0.19.  
  (5)  Reduction of additional paid in capital resulting from the Agreement of Merger and Plan of Reorganization.  Increase in additional paid in capital resulting from the conversion of the bridge notes  
  (6)  Reduction in accumulated deficit of Be Active Holdings, Inc. related to reverse merger and recapitalization pursuant to Agreement of Merger and Plan of Reorganization

Be Active Holdings, Inc. Reports

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