Attached files
Exhibit 99.03
Unaudited Proforma Income Statement For the six months ending January 31, 2013 | |||||||
Havana Furnishings, Inc. Six months ending January 31, 2013 |
Nuzee Co., Ltd. Six months ending January 31, 2013 |
Adjustment |
Proforma | ||||
Revenues |
- |
36,860 |
- |
36,860 | |||
Cost of revenues |
- |
245,303 |
- |
245,303 | |||
Gross profit |
- |
(208,444) |
- |
(208,444) | |||
Operating expenses |
33,949 |
360,546 |
- |
394,495 | |||
Loss from operations |
(33,949) |
(568,990) |
- |
(602,939) | |||
Interest expense, net |
- |
- |
- |
- | |||
Other Income |
- |
608 |
- |
608 | |||
Net loss |
(33,949) |
(568,382) |
- |
(602,331) | |||
Proforma Balance Sheet As of January 31, 2013 | |||||||||
Havana Furnishings, Inc. January 31, 2013 |
Nuzee Co., Ltd. January 31, 2013 |
Adjustments |
Proforma | ||||||
Assets |
|||||||||
Current assets |
|||||||||
Cash |
2,757 |
1,427 |
4,184 | ||||||
Accounts receivable, net |
- |
178 |
178 | ||||||
Subscription receivable |
- |
122 |
- |
122 | |||||
Inventory, net |
30,502 |
30,502 | |||||||
Prepaid expenses and deposits |
- |
219,991 |
|
219,991 | |||||
Total current assets |
2,757 |
252,220 |
254,977 | ||||||
Equipment, net |
- |
2,351 |
2,351 | ||||||
Intellectual property |
42,818 |
42,818 | |||||||
Total assets |
2,757 |
297,389 |
|
300,146 | |||||
Liabilities and Stockholders' Deficit |
|||||||||
Current liabilities |
|||||||||
Accounts payable |
2,700 |
26,004 |
28,704 | ||||||
Other liabilities, including advances from affiliates |
22,015 |
189,661 |
- |
211,676 | |||||
Other current liabilities |
- |
- |
|
- | |||||
Total current liabilities |
24,715 |
215,665 |
240,380 | ||||||
Note payable - related party |
- |
- |
|
- | |||||
Total liabilities |
24,715 |
215,665 |
|
240,380 | |||||
Commitments |
|||||||||
Stockholders' deficit |
|||||||||
Common stock |
62 |
- |
62 | ||||||
Additional paid-in capital |
47,938 |
747,407 |
(665,683) |
129,662 | |||||
Retained earnings (Accumulated deficit) |
(69,958) |
(665,683) |
665,683 |
(69,958) | |||||
Total stockholders' equity (deficit) |
(21,958) |
81,724 |
59,766 | ||||||
Total liabilities and stockholders' deficit |
2,757 |
297,389 |
|
300,146 | |||||