Attached files
| file | filename |
|---|---|
| EX-99.2 - FINANCIAL GRAVITY HOLDINGS, QUARTERLY FINANCIALS JUNE 30, 2016 - Financial Gravity Companies, Inc. | pacificoil_8k-ex9902.htm |
| EX-99.1 - FINANCIAL GRAVITY HOLDINGS FINANCIAL STATEMENTS DEC. 2015 - Financial Gravity Companies, Inc. | pacificoil_8k-ex9901.htm |
| EX-23.1 - CONSENT - Financial Gravity Companies, Inc. | pacificoil_8k-ex2301.htm |
| EX-16.1 - CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT - Financial Gravity Companies, Inc. | pacificoil_8k-ex1601.htm |
| EX-10.1 - STOCK OPTION PLAN - Financial Gravity Companies, Inc. | pacificoil_8k-ex1001.htm |
| EX-2.1 - AGREEMENT AND PLAN OF MERGER - Financial Gravity Companies, Inc. | pacificoil_8k-ex0201.htm |
| 8-K - FORM 8-K - Financial Gravity Companies, Inc. | pacificoil_8k.htm |
Exhibit 99.3
(Consolidated) Pacific Oil Company
Unaudited Combined Pro Forma Balance Sheet
| Financial Gravity Holdings, Inc. and Subsidiaries | Pacific Oil Company | Pro Forma | (Consolidated) Pacific Oil Company | |||||||||||||
| 6/30/2016 | 6/30/2016 | Adjustments | 6/30/2016 | |||||||||||||
| ASSETS | ||||||||||||||||
| Cash and cash equivalents | $ | 297,881 | $ | 2,022 | $ | 299,903 | ||||||||||
| Trade accounts receivable | 72,810 | – | 72,810 | |||||||||||||
| Accounts receivable - other | 15,930 | – | 15,930 | |||||||||||||
| Accounts receivable - related party | 4,742 | – | 4,742 | |||||||||||||
| Prepaid expenses and other assets | 56,700 | – | 56,700 | |||||||||||||
| Total current assets | 448,063 | 2,022 | 450,085 | |||||||||||||
| OTHER ASSETS | ||||||||||||||||
| Property and equipment, net | 145,160 | – | 145,160 | |||||||||||||
| Investment | 10,000 | – | 10,000 | |||||||||||||
| Customer relationships, net | 36,481 | – | 36,481 | |||||||||||||
| Proprietary content, net | 475,872 | – | 475,872 | |||||||||||||
| Trade name | 69,300 | – | 69,300 | |||||||||||||
| Prospect list, net | 13,450 | – | 13,450 | |||||||||||||
| Non-compete agreement, net | 22,355 | – | 22,355 | |||||||||||||
| Trademarks | 21,865 | – | 21,865 | |||||||||||||
| Goodwill | 1,319,515 | – | 1,319,515 | |||||||||||||
| TOTAL ASSETS | 2,562,061 | 2,022 | – | 2,564,083 | ||||||||||||
| LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT) | ||||||||||||||||
| CURRENT LIABILITIES | ||||||||||||||||
| Lines of credit | $ | 19,994 | $ | – | $ | 19,994 | ||||||||||
| Current portion of notes payable | 93,797 | 1,175 | 94,972 | |||||||||||||
| Accounts payable - trade | 51,585 | 25,000 | 76,585 | |||||||||||||
| Advances payable | – | 75,382 | 75,382 | |||||||||||||
| Advances payable - related party | – | 24,867 | 24,867 | |||||||||||||
| Accrued expenses | 151,620 | – | 151,620 | |||||||||||||
| Deferred revenue | 45,967 | – | 45,967 | |||||||||||||
| Total current liabilities | 362,963 | 126,424 | 489,387 | |||||||||||||
| SHAREHOLDERS’ EQUITY | ||||||||||||||||
| Preferred stock | – | – | – | – | ||||||||||||
| Common stock | 320 | 441 | (441 | ) | 320 | |||||||||||
| Additional paid-in capital | 4,137,539 | 702,227 | (826,629 | ) | 4,013,137 | |||||||||||
| Accumulated deficit | (1,938,761 | ) | (827,070 | ) | 827,070 | (1,938,761 | ) | |||||||||
| Total shareholders’ equity (deficit) | 2,199,098 | (124,402 | ) | – | 2,074,696 | |||||||||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT) | 2,562,061 | 2,022 | – | 2,564,083 | ||||||||||||