Dewmar

International

Consolidated

ASSETS

Current Assets

Cash and cash equivalents

$

3,603,899

Account receivables

100,502

Related party receivable

-

Advances to related party

-

Inventory

128,499

Prepaid expenses and other current assets

-

Total Current Assets

$

3,832,900

Investment in Cirrus MD

20,000

Property & equipment, net of accumulated

depreciation of $21,760

19,295

Total assets

$

3,872,195

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current Liabilities

Accounts payable and accrued liabilities

$

762,323

Notes payable and Accrued Interest

276,387

Convertible Notes payable, net of unamortized

discount of $34,047

127,911

Derivative liability

317,665

Total Current Liabilities

$

1,484,286

Total Liabilities

$

1,484,286

Stockholders' Equity

Preferred Stock; $0.001 par value; 50,000,000

shares authorized;

50,000,000 and - issued and outstanding,

respectively

$

50,000

Common stock; $0.001 par value; 2,450,000,000

shares authorized, 2,476,163,513 issued and outstanding

at December 31, 2014

3,510,513

Additional paid-in capital

3,586,296

Retained Earnings (Accumulated deficit)

(4,758,900)

Total Stockholders' Deficit

$

2,387,909

Total Liabilities and Stockholders' Deficit

$

3,872,195