Attached files
| file | filename |
|---|---|
| 8-K - MAINBODY - EWaste Systems, Inc. | mainbody.htm |
| EX-10.1 - EXHIBIT101 - EWaste Systems, Inc. | exhibit101.htm |
| EX-10.2 - EXHIBIT102 - EWaste Systems, Inc. | exhibit102.htm |
| EX-99.5 - EXHIBIT995 - EWaste Systems, Inc. | exhibit995.htm |
| EX-99.1 - EXHIBIT991 - EWaste Systems, Inc. | exhibit991.htm |
| EX-99.6 - EXHIBIT996 - EWaste Systems, Inc. | exhibit996.htm |
| EX-99.3 - EXHIBIT993 - EWaste Systems, Inc. | exhibit993.htm |
| EX-99.2 - EXHIBIT992 - EWaste Systems, Inc. | exhibit992.htm |
| EX-99.7 - EXHIBIT997 - EWaste Systems, Inc. | exhibit997.htm |
Exhibit 99.4
Exhibit E
Information Referenced In the Agreement
Debt:
Total liabilities from March 31, 2013 CPU Balance Sheet are being assumed by Buyers with no Purchase Price Adjustment to Seller.
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Mar 31, 13
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ASSETS
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Current Assets
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Checking/Savings
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1000 · Bank of America
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7,110.56 | |||
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1050 · Petty Cash
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1053 · IRV Petty Cash
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201.11 | |||
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Total 1050 · Petty Cash
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201.11 | |||
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Total Checking/Savings
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7,311.67 | |||
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Accounts Receivable
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1100 · Accounts Receivable
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18,386.27 | |||
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Total Accounts Receivable
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18,386.27 | |||
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Other Current Assets
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1110 · Allowance for Bad Debts
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-1,237.81 | |||
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1120 · Inventory Asset
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1121 · Parts Inventory
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1,178.35 | |||
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1122 · Hot Swap Inventory
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2,163.74 | |||
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Total 1120 · Inventory Asset
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3,342.09 | |||
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Total Other Current Assets
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2,104.28 | |||
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Total Current Assets
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27,802.22 | |||
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Fixed Assets
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1501 · Computer Software
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2,423.78 | |||
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1502 · Office Furniture & Equipment
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1,379.60 | |||
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1599 · Accumulated Depreciation
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-3,803.38 | |||
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Total Fixed Assets
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0.00 | |||
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Other Assets
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1600 · Capitalized Sales Costs
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93,312.36 | |||
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1900 · Security Deposits
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2,536.23 | |||
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Total Other Assets
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95,848.59 | |||
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TOTAL ASSETS
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123,650.81 | |||
E - 1
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LIABILITIES & EQUITY
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Liabilities
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Current Liabilities
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Accounts Payable
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2000 · Accounts Payable
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36,654.95 | |||
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Total Accounts Payable
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36,654.95 | |||
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Other Current Liabilities
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2100 · Payroll Liabilities
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4,133.17 | |||
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2200 · Sales Tax Payable
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2,753.08 | |||
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2201 · Recycle Payable
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59.00 | |||
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2500 · Stockholder Note
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2565 · KMC - Chase Visa #7216
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21,668.22 | |||
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2650 · Flaster Greenberg Legal Fees
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43,312.36 | |||
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2651 · Julie Peterson Mindolia Loan
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82,500.00 | |||
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2652 · RLS - Broker M&A Services
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50,000.00 | |||
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2653 · KMC - Citizens Bank #5503
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6,664.43 | |||
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2654 · KMC - Bank of America #8861
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18,782.99 | |||
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Total 2500 · Stockholder Note
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222,928.00 | |||
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Total Other Current Liabilities
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229,873.25 | |||
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Total Current Liabilities
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266,528.20 | |||
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Total Liabilities
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266,528.20 | |||
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Equity
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3000 · Capital Stock
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3010 · Additional Paid in Capital
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493,720.31 | |||
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3000 · Capital Stock - Other
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67,847.00 | |||
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Total 3000 · Capital Stock
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561,567.31 | |||
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3900 · Retained Earnings
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-680,189.39 | |||
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Net Income
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-24,255.31 | |||
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Total Equity
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-142,877.39 | |||
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TOTAL LIABILITIES & EQUITY
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123,650.81 |
Shareholders
Name Number of Shares of the Common Stock
Kimberly Crew 4300
Officers and Directors
Kimberly Crew – President
Robert Fishman - Secretary
Chris Acevedo – Chief Financial Officer
Kimberly Crew – Director
Robert Fishman - Director
E - 2
Insurance Policies
The Hartford
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Workers' Compensation
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44WECZN8014
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1/24/13-1/24/14
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$1 million each accident; $1 million each Policy Limit; $1 million Each Employee
Unpaid Vacation
Employees are entitled to the following holidays after 90 days of continuous employment: New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Day and one floating holiday (usually taken at Thanksgiving).
The PTO time accrued to current payroll 3/31/13 for each employee is as follows:
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Employee
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PTO Hours
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Leo Fuerte
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61.39
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Khoi Nguyen
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62.26
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Julie Peterson
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12.87
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Erica Rodriguez
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8.66
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Full Time employees:·
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Leo Fuerte -Technician
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$39,520yr/$19hR
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Erica Rodriguez - Customer Service and Technician
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$31,824yr/$15.30hr
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Hourly/DailyRate Staff:
Julie Peterson - $40/hr accounting
Ron Okada - $200 per day or $300 onsite
Commission Only Sales Staff:
Lupe Mindiola – 50% gross profit sales + 20% flat on Warranty Revenues (4100)
Khoi Nguyen - 50% gross profit sales + 20% flat on Warranty Revenues (4100)
Real Estate
Lease between Airport Industrial Complex, a California limited partnership and Surf Investments, LTD., a California corporation for the premises located at 17911 Sky Park Circle, Suite C, Irvine, California 92614. Lease Dated 7/1/12-6/30/13
Trade Names:
Surf Investments, LTD. D/B/A CPU
Website address: www.cpurepair.com
Bank Accounts
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Company
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Bank Name
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Acct #
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Signatories
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Surf Investments/
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Cpu Computer Repair
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Bank of America
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383006113113
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Kimberly Crew
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Christopher Acevedo
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Julie Peterson
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E - 3