Attached files
| file | filename |
|---|---|
| 8-K - Bitzio, Inc. | form8kamendmentnov42011vedga.htm |
| EX-9 - Bitzio, Inc. | exhibit9011.htm |
| EX-9 - Bitzio, Inc. | exhibit9014.htm |
| EX-9 - Bitzio, Inc. | exhibit9012.htm |
Exhibit 9.01.3
BITZIO, INC. | |||||||||||||||||||
(FKA Rocky Mountain Fudge, Inc.) | |||||||||||||||||||
Proforma Consolidated Balance Sheet | |||||||||||||||||||
December 31, 2010 | |||||||||||||||||||
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ASSETS | |||||||||||||||||||
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| Adjusted | |||
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| Bitzio |
| Bitzio |
| Combined |
| Pro Forma |
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| ProForma | |||||
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| Inc. |
| LLC |
| Totals |
| Adjustments |
| REF |
| Totals | |||||
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CURRENT ASSETS |
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| Cash |
| $ | 18,068 |
| $ | - |
| $ | 18,068 |
| $ | - |
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| $ | 18,068 | |
| Accounts receivable, net |
| - |
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| - |
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| - |
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| - |
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| - | ||
| Inventory |
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| - |
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| - |
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| - |
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| - |
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| - | |
| Prepaid expenses |
| 108 |
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| - |
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| 108 |
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| - |
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| 108 | ||
| Inventory |
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| - |
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| 722 |
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| 722 |
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| - |
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| 722 | |
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| Total Current Assets |
| 18,176 |
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| 722 |
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| 18,898 |
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| - |
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| 18,898 | |
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PROPERTY AND EQUIPMENT, net |
| 1,706 |
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| - |
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| 1,706 |
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| - |
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| 1,706 | |||
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OTHER ASSETS |
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| Customer lists |
| - |
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| - |
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| - |
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| 2,350,000 |
| [1] |
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| 2,350,000 | ||
| Deposits |
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| - |
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| - |
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| - |
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| - |
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| - | |
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| Total Other Assets |
| - |
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| - |
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| - |
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| 2,350,000 |
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| 2,350,000 | |
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| TOTAL ASSETS | $ | 19,882 |
| $ | 722 |
| $ | 20,604 |
| $ | 2,350,000 |
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| $ | 2,370,604 | |
1
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | |||||||||||||||||||
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CURRENT LIABILITIES |
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| Accounts payable and accrued expenses | $ | 146 |
| $ | 899 |
| $ | 1,045 |
| $ | - |
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| $ | 1,045 | ||
| Related party payable |
| 392 |
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| - |
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| 392 |
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| - |
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| 392 | ||
| Loans and notes payable |
| - |
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| - |
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| - |
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| - |
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| - | ||
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| Total Current Liabilities |
| 538 |
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| 899 |
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| 1,437 |
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| - |
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| 1,437 | |
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LONG TERM LIABILITIES |
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| Loans and notes payable-related parties |
| - |
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| - |
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| - |
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| - |
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| - | ||
| Loans and notes payable |
| - |
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| - |
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| - |
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| - |
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| - | ||
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| Long term liabilities |
| - |
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| - |
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| - |
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| - |
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| - | |
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| TOTAL LIABILITIES |
| 538 |
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| 899 |
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| 1,437 |
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| - |
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| 1,437 | |
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STOCKHOLDERS' EQUITY |
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| Preferred stock |
| - |
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| - |
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| - |
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| - |
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| - | ||
| Common stock |
| 8,250 |
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| - |
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| 8,250 |
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| 5,000 |
| [1] |
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| 13,250 | ||
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| - |
| [1] |
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| Additional paid-in capital |
| 233,200 |
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| 3,402 |
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| 236,602 |
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| 2,345,000 |
| [1] |
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| 2,578,023 | ||
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| (3,579) |
| [2] |
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| - |
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| - |
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| Retained earnings (deficit) |
| (222,106) |
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| (3,579) |
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| (225,685) |
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| 3,579 |
| [2] |
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| (222,106) | ||
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| Total Stockholders' Equity |
| 19,344 |
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| (177) |
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| 19,167 |
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| 2,350,000 |
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| 2,369,167 | |
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| TOTAL LIABILITIES AND |
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| STOCKHOLDERS' EQUITY (DEFICIT) | $ | 19,882 |
| $ | 722 |
| $ | 20,604 |
| $ | 2,350,000 |
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| $ | 2,370,604 | |
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| [1] |
| Record purchase of Bitzio LLC for 5,000,000 shares of common stock at $0.47 per share | ||||||||||||||
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| [2] |
| Eliminate deficit of subsidiary |
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2
BITZIO, INC. | ||||||||||||||||||||
(FKA Rocky Mountain Fudge, Inc.) | ||||||||||||||||||||
Proforma Consolidated Statements of Operations | ||||||||||||||||||||
For the Year Ended December 31, 2010 | ||||||||||||||||||||
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| Pro-Forma | ||
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| Adjusted | ||||
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| Bitzio |
| Bitzio |
| Combined |
| Pro Forma |
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| Combined | ||||||
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| LLC |
| Totals |
| Adjustments |
| REF |
| Totals | ||||||
REVENUES |
| $ | - |
| $ | 848 |
| $ | 848 |
| $ | - |
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| $ | 848 | |||
COST OF SALES |
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| - |
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| - |
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GROSS PROFIT |
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| - |
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| 848 |
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| 848 |
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| 848 | |||
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OPERATING EXPENSES |
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| General and administrative |
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| 37,226 |
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| 4,427 |
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| 41,653 |
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| - |
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| 41,653 | ||
| Depreciation expense |
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| 341 |
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| - |
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| 341 |
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| - |
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| 341 | ||
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| Total Costs and Expenses |
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| 37,567 |
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| 4,427 |
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| 41,994 |
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| - |
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| 41,994 | |
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| OPERATING LOSS |
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| (37,567) |
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| (3,579) |
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| (41,146) |
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| (41,146) | |
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OTHER INCOME (EXPENSE) |
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| Interest expense |
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| (645) |
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| - |
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| (645) |
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| (645) | ||
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| Total Other Income (Expense) |
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| (645) |
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| - |
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| (645) |
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| - |
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| (645) | |
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| LOSS BEFORE INCOME TAXES |
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| (38,212) |
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| (3,579) |
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| (41,791) |
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| - |
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| (41,791) | |
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| PROVISION FOR INCOME TAXES |
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| - |
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| - |
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| - |
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| - | |
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| NET LOSS |
| $ | (38,212) |
| $ | (3,579) |
| $ | (41,791) |
| $ | - |
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| $ | (41,791) | |
3