Attached files
file | filename |
---|---|
8-K - FORM 8-K - Ethos Media Network, Inc. | form8k_01272014.htm |
EX-99 - AUDITED FINANCIAL STATEMENTS OF EYE ON SOUTH FLORIDA - Ethos Media Network, Inc. | financialstatements_08312013.htm |
EX-10 - SHARE EXCHANGE AGREEMENT - Ethos Media Network, Inc. | share_exchangeagreement01222.htm |
EX-21 - SUBSIDIARIES - Ethos Media Network, Inc. | subsidiaries.htm |
EX-99 - PRO FORMA FINANCIALS FOR 11-30-2013 - Ethos Media Network, Inc. | proforma_20131130.htm |
EX-99 - UNAUDITED FINANCIAL STATEMENTS OF EYE ON SOUTH FLORIDA - Ethos Media Network, Inc. | financialstatements_11302013.htm |
|
|
| Eye on Media Network, Inc. |
|
|
| ||||||
|
|
| Pro Forma Balance Sheet |
|
|
| ||||||
|
|
| August 31, 2013 |
|
|
| ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assets |
|
|
|
|
|
|
|
|
| Eye on South Florida |
|
| Eye on Media Network |
|
| Adjustments and Eliminations |
|
| Totals |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
| $ | 49,445 |
| $ | 2,500 |
| $ | - |
| $ | 51,945 |
Accounts receivable |
|
| 4,600 |
|
| - |
|
| - |
|
| 4,600 |
Notes receivable |
|
| 1,000 |
|
| - |
|
| - |
|
| 1,000 |
Prepaid expenses |
|
| 9,580 |
|
| 3,000 |
|
| - |
|
| 12,580 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
| 64,625 |
|
| 5,500 |
|
| - |
|
| 70,125 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Property and Equipment |
|
| 1,748,635 |
|
|
|
|
| - |
|
| 1,748,635 |
Other assets |
|
| 157,844 |
|
|
|
|
| - |
|
| 157,844 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets |
| $ | 1,971,104 |
| $ | 5,500 |
| $ | - |
| $ | 1,976,604 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Liabilities and Equity |
|
|
| ||||||
Accounts payable and accruals |
| $ | 767 |
| $ |
|
| $ | - |
| $ | 767 |
Related party loan |
|
|
|
|
| 3,000 |
|
| - |
|
| 3,000 |
|
|
|
|
|
|
|
|
|
|
|
| - |
Current liabilities |
|
| 767 |
|
| 3,000 |
|
| - |
|
| 3,767 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt |
|
| - |
|
| - |
|
| - |
|
| - |
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock |
|
| 2,469 |
|
| 27,690 |
|
| (2,469) |
|
| 27,690 |
Additional paid in capital |
|
| 2,142,646 |
|
| (24,690) |
|
| 1,969 |
|
| 2,119,925 |
Retained earnings |
|
| (147,778) |
|
| (500) |
|
| 500 |
|
| (147,778) |
|
|
|
|
|
|
|
|
|
|
|
| - |
Total equity |
|
| 1,997,337 |
|
| 2,500 |
|
| - |
|
| 1,999,837 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities and equity |
| $ | 1,998,104 |
| $ | 5,500 |
| $ | - |
| $ | 2,003,604 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Eye on South Florida, Inc. |
|
|
| ||||||
|
|
| Pro Forma Income Statement |
|
|
| ||||||
|
|
| August 31, 2013 |
|
|
| ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Eye on South Florida |
|
| Eye on Media Network |
|
| Adjustments and Eliminations |
|
| Totals |
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues |
| $ | 25,317 |
| $ | - |
| $ | - |
| $ | 25,317 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
Contract labor |
|
| 39,242 |
|
| - |
|
| - |
|
| 39,242 |
Professional fees |
|
| 27,286 |
|
| 500 |
|
| - |
|
| 27,786 |
General and administrative |
|
| 7,531 |
|
| - |
|
| - |
|
| 7,531 |
Depreciation |
|
| 126,036 |
|
| - |
|
| - |
|
| 126,036 |
|
|
|
|
|
|
|
|
|
|
|
| - |
|
|
| 200,095 |
|
| 500 |
|
| - |
|
| 200,595 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) |
| $ | (174,778) |
| $ | (500) |
| $ | - |
| $ | (175,278) |
|
|
|
|
|
|
|
|
|
|
|
|
|