Attached files
file | filename |
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8-K - MAINBODY - Altovida Inc. | mainbody.htm |
EX-2.1 - EX2_2 - Altovida Inc. | ex2_1.htm |
EX-2.2 - EX2_2 - Altovida Inc. | ex2_2.htm |
EX-10.3 - EX10_3 - Altovida Inc. | ex10_3.htm |
EX-99.2 - EX99_2 - Altovida Inc. | ex99_2.htm |
EX-99.1 - EX99_1 - Altovida Inc. | ex99_1.htm |
EX-10.1 - EX10_1 - Altovida Inc. | ex10_1.htm |
EX-10.2 - EX10_2 - Altovida Inc. | ex10_2.htm |
EX-10.4 - EX10_4 - Altovida Inc. | ex10_4.htm |
MITOVIE PHARMA EUROPE
PROFORMA CONSOLIDATED BALANCE SHEET
MPE LTD as of March 31 2014
Remmington Enterprises Inc as of April 24 2014
REMMINGTON | MITOVIE | COMBINED | PROFORMA ADJ | ADJ PROFORMA TOTALS | ||||||||||||||||
ASSETS | $ | $ | $ | $ | $ | |||||||||||||||
CURRENT ASSETS | ||||||||||||||||||||
Cash | 29,641 | 4,589 | 34,230 | 34,230 | ||||||||||||||||
Trade/other debtors | — | 7,786 | 7,786 | 7,786 | ||||||||||||||||
Prepayments | — | 5,823 | 5,823 | 5,823 | ||||||||||||||||
VAT recoverable | — | 4,744 | 4,744 | 4,744 | ||||||||||||||||
TOTAL CURRENT ASSETS | 29,641 | 22,942 | 52,583 | — | 52,583 | |||||||||||||||
TOTAL ASSETS | 29,641 | 22,942 | 52,583 | — | 52,583 | |||||||||||||||
LIABILITIES AND STOCKHOLDERS DEFICIT | ||||||||||||||||||||
CURRENT LIABILITIES | ||||||||||||||||||||
Trade payables/accrued expenses | 17,778 | 3,480 | 21,258 | 21,258 | ||||||||||||||||
Accrued payroll | 31,794 | 31,794 | 31,794 | |||||||||||||||||
Loan | 50,000 | 79,963 | 129,963 | 129,963 | ||||||||||||||||
Accounts payable (related party) | 833 | 833 | 833 | |||||||||||||||||
TOTAL CURRENT LIABILITIES | 68,611 | 115,237 | 183,848 | — | 183,848 | |||||||||||||||
TOTAL LIABILITIES | 68,611 | 115,237 | 183,848 | — | 183,848 | |||||||||||||||
STOCKHOLDERS DEFICIT | ||||||||||||||||||||
Preferred stock | 0 | 0 | 0 | 0 | ||||||||||||||||
common stock | 14,950 | 400 | 15,350 | 15,350 | ||||||||||||||||
Additional paid in capital | 40,300 | 40,300 | 40,300 | |||||||||||||||||
share premium account | 0 | 0 | ||||||||||||||||||
Subscription receivable | (2,050 | ) | (400 | ) | (2,450 | ) | (2,450 | ) | ||||||||||||
Accumulated other comprehensive loss | (44 | ) | (44 | ) | (44 | ) | ||||||||||||||
Accumulated losses from discontinuted operations | (6,166 | ) | (6,166 | ) | (6,166 | ) | ||||||||||||||
deficit accumulated during development stage | (86,004 | ) | (92,251 | ) | (178,255 | ) | (178,255 | ) | ||||||||||||
TOTAL STOCKHOLDERS DEFICIT | (38,970 | ) | (92,295 | ) | (131,265 | ) | 0 | (131,265 | ) | |||||||||||
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT | 29,641 | 22,942 | 52,583 | 0 | 52,583 |
MITOVIE PHARMA EUROPE
PROFORMA STATEMENT OF OPERATIONS
MPE LTD as of March 31 2014
Remmington Enterprises Inc as of April 24 2014
REMMINGTON | MITOVIE | COMBINED | PROFORMA ADJ | ADJ PROFORMA TOTALS | ||||||||||||||||
REVENUE | $ | 0 | $ | 7,366 | $ | 7,366 | $ | $ | 7,366 | |||||||||||
COST OF GOODS SOLD | (4,249 | ) | (4,249 | ) | (4,249 | ) | ||||||||||||||
OPERATING EXPENSES | ||||||||||||||||||||
Professional fees | 200,160 | 200,160 | 200,160 | |||||||||||||||||
Payroll Expenses | 62,303 | 62,303 | 62,303 | |||||||||||||||||
G&A | 24,115 | 33,065 | 57,180 | 57,180 | ||||||||||||||||
TOTAL OPERATING EXPENSES | 224,275 | 95,368 | 319,643 | 319,643 | ||||||||||||||||
Loss from continuing operations | (224,275 | ) | (92,251 | ) | (316,526 | ) | (316,526 | ) | ||||||||||||
OTHER INCOME: | ||||||||||||||||||||
Gain on sale of asset | 138,271 | 0 | 138,271 | 138,271 | ||||||||||||||||
NET INCOME (LOSS) BEFORE DISCONTINUED OPERATIONS | (86,004 | ) | (92,251 | ) | (178,255 | ) | (178,255 | ) | ||||||||||||
LOSS FROM DISCONTINUED OPERATIONS | (6,166 | ) | (6,166 | ) | ||||||||||||||||
NET INCOME (LOSS) | (92,170 | ) | (92,251 | ) | (184,421 | ) | 0 | (178,255 | ) |
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MITOVIE PHARMA EUROPE
PROFORMA STATEMENT OF CASHFLOWS
MPE LTD as of March 31 2014
Remmington Enterprises Inc as of April 24 2014
REMMINGTON | MITOVIE | COMBINED | PROFORMA ADJ | ADJ PROFORMA TOTALS | ||||||||||||||||
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||||||||||||||
Net loss | (86,004 | ) | (92,251 | ) | (178,255 | ) | (178,255 | ) | ||||||||||||
Net loss from discontinuted operations | (6,166 | ) | (6,166 | ) | (6,166 | ) | ||||||||||||||
Gain on sale of mining asset | (138,271 | ) | (138,271 | ) | (138,271 | ) | ||||||||||||||
Changes in operating assets and liabilities: | — | — | ||||||||||||||||||
Increase in trade debtors | (7,786 | ) | (7,786 | ) | (7,786 | ) | ||||||||||||||
Increase in prepayments | (5,823 | ) | (5,823 | ) | (5,823 | ) | ||||||||||||||
Increase in VAT recoverable | (4,744 | ) | (4,744 | ) | (4,744 | ) | ||||||||||||||
Increase in trade payables & accrued expenses | 176,649 | 3,480 | 180,129 | 180,129 | ||||||||||||||||
accrued expenses related party | 833 | 833 | 833 | |||||||||||||||||
Increase in accrued payroll | 31,794 | 31,794 | 31,794 | |||||||||||||||||
NET CASH USED IN OPERATING ACTIVITIES | (52,959 | ) | (75,330 | ) | (128,289 | ) | — | (128,289 | ) | |||||||||||
CASH FLOWS FROM INVESTING ACTIVITIES OF CONTINUING OPERATIONS | ||||||||||||||||||||
Purchase of mining claims | (20,600 | ) | (20,600 | ) | (20,600 | ) | ||||||||||||||
NET CASH USED IN INVESTING ACTIVITIES | (20,600 | ) | — | (20,600 | ) | — | (20,600 | ) | ||||||||||||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||||||||||||||
Proceeds from loan | 50,000 | 79,963 | 129,963 | 129,963 | ||||||||||||||||
Proceeds from sales of common stock- related party | 30,000 | 30,000 | 30,000 | |||||||||||||||||
Proceeds from sales of common stock | 23,200 | 23,200 | 23,200 | |||||||||||||||||
NET CASH PROVIDED BY FINANCING ACTIVITIES | 103,200 | 79,963 | 183,163 | — | 183,163 | |||||||||||||||
Effect on foreign exchange | (44 | ) | (44 | ) | (44 | ) | ||||||||||||||
NET INCREASE IN CASH | 29,641 | 4,589 | 34,230 | 34,230 | ||||||||||||||||
CASH, BEGINNING OF PERIOD | — | — | — | — | ||||||||||||||||
CASH, END OF PERIOD | 29,641 | 4,589 | 34,230 | 34,230 |
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