Imerjn Inc. - FORM 8-K - EX-99.2 - EXHIBIT 99.2

Attached files

file	filename
8-K - Imerjn Inc.	s10281418k.htm
EX-99.1 - EXHIBIT 99.1 - Imerjn Inc.	ex99_1.htm

Exhibit 99.2

Unaudited pro forma combined financial information of Xumanii and RMT.

The unaudited pro forma information below gives effect to the share exchange between Xumanii and RMT as if it had been as of the beginning consummated of the applicable period. The unaudited pro forma information has been derived from the historical Financial Statements of these two companies. The unaudited pro forma information is for illustrative purposes only. You should not rely on the unaudited pro forma financial information as being indicative of the historical esults that would have been achieved had the acquisition occurred in the past or the future financial results that the Company will achieve after the merger.

Xumanii International Holdings Corp.
Rocky Mountain Tracking, Inc.
RMT Leasing, Inc.
and RMT Management, Inc.
Pro forma Combined Balance Sheet
(Unaudited)

	Xumanii International Holdings Corp.			Rocky Mountain Tracking, Inc. RMT Leasing, Inc. and RMT Management, Inc.
	April 30,			April 30,			Pro forma			Pro forma
	2014			2014			Adjustment			Combined

Assets
Current assets:
Cash and cash equivalents	$	400,149		$	104	(1)	$	(385,000	)	$	15,253
Accounts receivable		-			2,583						2,583
Accounts receivable - related party		376,451			-						376,451
Prepaid expenses		12,276			9,303						21,579
Note receivable - related party		-			215,570	(1)		(215,570	)		-
Total current assets		788,876			227,560			(600,570	)		415,866

Goodwill						(1)		1,939,441			1,939,441
Intangible assets, net of accumulated amortization		320,842			23,474	(1)		639,500			983,816
Fixed assets, net of accumulated depreciation		-			21,467						21,467

Total assets	$	1,109,718		$	272,501		$	1,978,371		$	3,360,590

Liabilities and Stockholders’ Equity (Deficit)
Current liabilities:
Accounts payable and accrued liabilities		214,467			112,570						327,037
Derivative liabilities		1,564,220			-						1,564,220
Advances from related party		-			15,200
Deferred revenue		-			13,472						13,472
Notes payable		828,055			-	(1)		250,000			1,078,055

Total current liabilities		2,606,742			141,242			250,000			2,982,784

Total liabilities		2,606,742			141,242			250,000			2,982,784

Stockholders’ equity (deficit):
Preferred stock, $0.001 par value, 0 shares issued and outstanding		-			-	(1)		50			50
Common stock, $0.001 par value, 450,000,000 shares authorized, 450,308,162 shares issued and outstanding, $1 par value, 10,000 shares authorized, 100 shares issued and outstanding		4,503			100						4,603

Additional paid-in capital		2,095,956			25,595	(1)		1,994,004			3,955,436
						(1)		(265,683	)
						(2)		105,564
Retained earnings (accumilated deficit)		(3,597,483	)		105,564	(2)		(105,564	)		(3,597,483	)

Total stockholders’ equity (deficit)		(1,497,024	)		131,259			1,728,371			362,606

Total liabilities and stockholders’ equity (deficit)	$	1,109,718		$	272,501		$	1,978,371		$	3,345,390

Pro Forma Footnotes:
(1) To record RMT acquisition as follows:
Cash	$	385,000
Notes payable		250,000
Preferred stock		1,994,054
Total purchase price	$	2,629,054

(2) To eliminate RMT equity.

Xumanii International Holdings Corp.
Rocky Mountain Tracking, Inc.
RMT Leasing, Inc.
and RMT Management, Inc.
Pro forma Combined Statement of Operations
(Unaudited)

	Xumanii International Holdings Corp.			Rocky Mountain Tracking, Inc. RMT Leasing, Inc. and RMT Management, Inc.
	Nine Months			Nine Months
	Ended			Ended		Pro Forma	Pro forma
	April 30, 2014			January 31, 2014		Adjustment	Combined
Net sales	$	80		$	957,771		$	957,851
Cost of sales		-			457,455			457,455
Gross profit		80			500,316			500,396

Operating expenses:
General and administrative		1,544,198			448,151			1,992,349
Total operating expenses		1,544,198			448,151			1,992,349

Operating income (loss)		(1,544,118	)		52,165			(1,491,953	)

Other expense, net		262,040			1,803			263,843

Net income (loss)	$	(1,806,158	)	$	50,362		$	(1,755,796	)

Weighted average common shares outstanding - basic and diluted		315,156,884						315,156,884

Net loss per common share - basic and diluted	$	(0.01	)				$	(0.01	)

Xumanii International Holdings Corp.
Rocky Mountain Tracking, Inc.
RMT Leasing, Inc.
and RMT Management, Inc.
Pro forma Combined Statement of Operations
(Unaudited)


	Xumanii International Holdings Corp.			Rocky Mountain Tracking, Inc. RMT Leasing, Inc. and RMT Management, Inc.
	Year Ended			Year Ended		Pro Forma	Pro forma
	July 31, 2014			April 30, 2014		Adjustment	Combined
Net sales	$	985		$	1,278,927		$	1,279,912
Cost of sales		49,050			604,643			653,693
Gross profit		(48,065	)		674,284			626,219

Operating expenses:
General and administrative		2,113,184			546,563			2,659,747
Total operating expenses		2,113,184			546,563			2,659,747

Operating income (loss)		(2,161,249	)		127,721			(2,033,528	)

Other expenses:
Change in fair value of derivative liabilities		(1,050,893	)		-			(1,050,893	)
Interest expense, net		2,254,434			1,802			2,256,236
		1,203,541			1,802			1,205,343

Net income (loss)	$	(3,364,790	)	$	125,919		$	(3,238,871	)

Weighted average common shares outstanding - basic and diluted		315,156,884						315,156,884

Net loss per common share - basic and diluted	$	(0.01	)				$	(0.01	)

Imerjn Inc. - FORM 8-K - EX-99.2 - EXHIBIT 99.2 - October 30, 2014

Attached files

Imerjn Inc. Reports