Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT ON FORM 8-K - Apptigo International, Inc. | apptigo_8k.htm |
| EX-3.2 - CERTIFICATE OF DESIGNATIONS - Apptigo International, Inc. | apptigo_8k-0302.htm |
| EX-21 - LIST OF SUBSIDIARIES - Apptigo International, Inc. | apptigo_8k-021.htm |
| EX-2.1 - AGREEMENT AND PLAN OF REORGANIZATION - Apptigo International, Inc. | apptigo_8k-0201.htm |
| EX-99.1 - FINANCIAL STATEMENTS - Apptigo International, Inc. | apptigo_8k-9901.htm |
| EX-3.1 - AMENDED AND RESTATED ARTICLES OF INCORPORATION - Apptigo International, Inc. | apptigo_8k-0301.htm |
Exhibit 99.2
Apptigo
(A Development Stage Company)
Condensed Pro Forma Balance Sheet
| Pro Forma | ||||||||||||||||||
| Pro Forma | Balance | |||||||||||||||||
| Apptigo | BALI | Adjustments | Notes | Sheet | ||||||||||||||
| Assets | ||||||||||||||||||
| Current assets | ||||||||||||||||||
| Cash | $ | 938 | $ | 2,776 | $ | 20,000 | A-1 | $ | 23,714 | |||||||||
| Prepaid expense | – | 6,000 | – | 6,000 | ||||||||||||||
| Total current assets | 938 | 8,776 | 20,000 | 29,714 | ||||||||||||||
| Application Design | 92,500 | – | – | 92,500 | ||||||||||||||
| Total assets | $ | 93,438 | $ | 8,776 | $ | 20,000 | $ | 122,214 | ||||||||||
| Liabilities and Stockholders' Equity | ||||||||||||||||||
| Current Liabilities | ||||||||||||||||||
| Convertible debenture | $ | 62,833 | $ | – | $ | 22,100 | A-1 | |||||||||||
| (84,933 | ) | A-2 | – | |||||||||||||||
| Loan from shareholder | 2,424 | $ | 2,424 | |||||||||||||||
| Total Current Liabilities | 62,833 | 2,424 | (62,833 | ) | 2,424 | |||||||||||||
| Long term Liabilities | ||||||||||||||||||
| Long-term line of credit payable | – | – | – | – | ||||||||||||||
| Total long term liabilities | – | – | – | – | ||||||||||||||
| Total Liabilities | 62,833 | 2,424 | (62,833 | ) | 2,424 | |||||||||||||
| Stockholders' Equity | ||||||||||||||||||
| Series A Preferred Share Payable | 60,000 | (60,000 | ) | A-2 | – | |||||||||||||
| Series A Preferred Shares, $0.01 par value 10,000,000 authorized, 144,500 shares issued and outstanding at December 31, 2013 | 1,450 | A-2 | 1,450 | |||||||||||||||
| Common shares, $0.01 par value 100,000,000 shares authorized 7,450,000 shares issued and outstanding as of December 31, 2013 | 750 | 12,550 | (750 | ) | D | |||||||||||||
| 4,900 | B | |||||||||||||||||
| (10,000 | ) | C | 7,450 | |||||||||||||||
| Additional paid in capital | – | 22,950 | (4,900 | ) | B | |||||||||||||
| 143,483 | A-2 | |||||||||||||||||
| 10,000 | C | |||||||||||||||||
| 750 | D | 172,283 | ||||||||||||||||
| Accumulated deficit | (30,145 | ) | (29,148 | ) | (2,100 | ) | A-1 | (61,393 | ) | |||||||||
| Total stockholders' equity | 30,605 | 6,352 | 82,833 | 119,790 | ||||||||||||||
| Total liability and stockholders' equity | $ | 93,438 | $ | 8,776 | $ | 20,000 | $ | 122,214 | ||||||||||
| 1 |
| Debit | Credit | ||||||||||||||
| A | Conversion of Stock purchase, convertible debenture into Series A Preferred stock | ||||||||||||||
| A-1 | Additional principle and accum interest for convertible debenture through 3/31/14 | ||||||||||||||
| Cash | 20,000 | ||||||||||||||
| Convertible Debenture | 20,000 | ||||||||||||||
| Accum Deficit (posted to interest expense) | 2,100 | ||||||||||||||
| Convertible Debenture - Accum Interest | 2,100 | ||||||||||||||
| A-2 | Conversion to Preferred 144,933 | ||||||||||||||
| Convertible Debenture | 84,933 | ||||||||||||||
| Series A Preferred Payable | 60,000 | ||||||||||||||
| Series A Preferred | 1,450 | ||||||||||||||
| Additional Paid in Capital | 143,483 | ||||||||||||||
| B | Reflects the issuance of shares for the acquisition of 100% of Apptigo Inc | ||||||||||||||
| 4,900,000 | Common stock | ||||||||||||||
| 144,500 | Series A Preferred stock | ||||||||||||||
| Additional paid in capital | 4,900 | ||||||||||||||
| Common stock | 4,900 | ||||||||||||||
| C | Repurchase 10,000,000 shares common stock from Mr Gladky for $10 | ||||||||||||||
| Common stock | 10,000 | ||||||||||||||
| Additional paid in capital | 10,000 | ||||||||||||||
| D | Reflects the consolidation of Apptigo into the company, reflecting Apptigo as the acquirer | ||||||||||||||
| and BALI as the acquiree. | |||||||||||||||
| Common stock | 750 | ||||||||||||||
| Additional Paid in Capital | 750 | ||||||||||||||
| 2 |
Apptigo, Inc
(A Development Stage Company)
Condensed Pro Forma Statement of Operation
| Pro Forma | ||||||||||||||||||
| Pro Forma | Statement of | |||||||||||||||||
| Apptigo | BALI | Adjustments | Notes | Operations | ||||||||||||||
| Revenue | $ | – | $ | 3,587 | $ | – | $ | 3,587 | ||||||||||
| Cost of goods sold | – | 2,000 | – | 2,000 | ||||||||||||||
| Gross Profit | – | 1,587 | – | 1,587 | ||||||||||||||
| Operating expenses | ||||||||||||||||||
| Selling, general and administrative expenses | 2,703 | 30,437 | – | 33,140 | ||||||||||||||
| Professional fees - related party | 23,859 | – | – | 23,859 | ||||||||||||||
| Total operating expenses | 26,562 | 30,437 | – | 56,999 | ||||||||||||||
| Other Income (Expense) | ||||||||||||||||||
| Interest expense | 2,833 | – | 2,100 | A-1 | 4,933 | |||||||||||||
| Total Other Income (Expense) | 2,833 | – | 2,100 | 4,933 | ||||||||||||||
| Loss before income tax | (29,395 | ) | (28,850 | ) | (2,100 | ) | (60,345 | ) | ||||||||||
| Provision for income tax | – | – | – | – | ||||||||||||||
| Net Loss | $ | (29,395 | ) | $ | (28,850 | ) | $ | (2,100 | ) | $ | (60,345 | ) |
| 3 |