STRATEGIC GLOBAL INVESTMENTS INC - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - August 17, 2017

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EX-3.D - EXHIBIT 3.D - STRATEGIC GLOBAL INVESTMENTS INCexh_3d.htm
EX-99.2 - EXHIBIT 99.2 - STRATEGIC GLOBAL INVESTMENTS INCexh_992.htm
EX-5.F - EXHIBIT 5.F - STRATEGIC GLOBAL INVESTMENTS INCexh_5f.htm
EX-5.E - EXHIBIT 5.E - STRATEGIC GLOBAL INVESTMENTS INCexh_5e.htm
EX-5.D - EXHIBIT 5.D - STRATEGIC GLOBAL INVESTMENTS INCexh_5d.htm
EX-5.C - EXHIBIT 5.C - STRATEGIC GLOBAL INVESTMENTS INCexh_5c.htm
EX-5.B - EXHIBIT 5.B - STRATEGIC GLOBAL INVESTMENTS INCexh_5b.htm
EX-5.A - EXHIBIT 5.A - STRATEGIC GLOBAL INVESTMENTS INCexh_5a.htm
EX-3.E - EXHIBIT 3.E - STRATEGIC GLOBAL INVESTMENTS INCexh_3e.htm
EX-3.C - EXHIBIT 3.C - STRATEGIC GLOBAL INVESTMENTS INCexh_3c.htm
EX-3.B - EXHIBIT 3.B - STRATEGIC GLOBAL INVESTMENTS INCexh_3b.htm
EX-3.A - EXHIBIT 3.A - STRATEGIC GLOBAL INVESTMENTS INCexh_3a.htm
EX-2.B - EXHIBIT 2.B - STRATEGIC GLOBAL INVESTMENTS INCexh_2b.htm
EX-2.A - EXHIBIT 2.A - STRATEGIC GLOBAL INVESTMENTS INCexh_2a.htm
8-K - FORM 8-K - STRATEGIC GLOBAL INVESTMENTS INCf8k_081417.htm

Exhibit 99.1

 

STRATEGIC GLOBAL INVESTMENTS, INC.

CONSOLIDATED BALANCE SHEET

 

   December 31,  December 31,
   2016  2015
       
ASSETS          
Current Assets:          
Cash and Cash Equivalents  $211   $386,765 
Total Current Assets   211    386,765 
           
PROPERTY AND EQUIPMENT, net   -    506,578 
Other Assets:          
Notes Receivable   -    525,600 
Investments-Stock Holdings   -    9,618 
Inventory   -    150,000 
Intangible Assets-Net of Amortization   -    - 
Escrow Payments   -    135,000 
Land   -    200,000 
Construction In Progress   -    256,006 
Total Other Assets   -    1,276,224 
           
TOTAL ASSETS  $211   $2,169,567 
           
LIABILITIES AND STOCKHOLDERS' EQUITY          
Accounts Payable  $500   $1,222 
Due to Related Party   -    441,422 
Total Current Liabilities   500    442,644 
           
COMMITMENTS AND CONTINGENCIES          
           
STOCKHOLDERS' EQUITY          
Preferred stock, $.001 par value;10,000,000 shares authorized, 2,140,000   2,101    2,101 
and 2,140,000 outstanding at December 31, 2015 and December 31, 2014          
Common stock, $.001 par value; 100,000,000,000 shares authorized 47,164,849          
shares issued and outstanding at December 31, 2016 and 37,564,849 at December 31, 2015   47,164    37,565 
Additional Paid in Capital   6,364,408    6,278,908 
Accumulated Deficit   (6,413,962)   (4,591,651)
TOTAL STOCKHOLDERS' EQUITY   (289)   1,726,923 
TOTAL LIABILITIES & STOCKHOLDERS EQUITY  $211   $2,169,567 

 

 

 

STRATEGIC GLOBAL INVESTMENTS, INC.

STATEMENT OF OPERATIONS

 

   December 31,  December 31,
   2016  2015
Revenue  $-   $- 
Cost of Sales   -    19,000 
Gross Profit   -    (19,000)
           
Selling, General and Administrative Expenses   380,178    1,115,413 
Loss from Operations   (380,178)   (1,134,413)
           
Other Income (Expense)          
Discontinued Operations   (415,624)   - 
Impairment of Assets   (1,026,509)   - 
Interest Expense   -    (36,940)
Interest Income   -    12,476 
Total Other Income (Expense)   (1,442,133)   (24,464)
           
Loss Before Income Taxes   (1,822,311)   (1,158,877)
           
Income Tax Benefit   -    - 
           
Net Loss   (1,822,311)   (1,158,877)
           
           
Loss Per Share-Basic and Diluted  $(0.14)  $(0.01)
           
Weighted Average Common Shares          
Outstanding -Basic and Diluted   12,664,755    102,161,494 

 

 

 

STRATEGIC GLOBAL INVESTMENTS, INC.

CONSOLIDATED STATEMENT OF CASH FLOWS

 

   December 31, 2015  December 31, 2015
       
CASH FLOWS FROM OPERATING ACTIVITIES:          
           
Net loss  $(1,822,311)  $(1,158,877)
Adjustments to reconcile net loss to net cash used in operating activities:          
Stock issued for assets   -    135,147 
Stock issued to consultants and employees   95,099    73,500 
Impairment of Assets   1,026,509      
Discontinued Operations   415,624      
Depreciation        45,000 
Changes in operating assets and liabilities:          
Decrease (Increase) in assets:          
Inventory   (150,000)   (150,000)
Increase (Decrease) in liabilities:          
Accounts payable and accrued expenses   (722)   (16,307)
Sales of property net of notes payable   -    - 
Net Cash Used In Operating Activities   (435,801)   (1,071,537)
Cash Flows from Investing Activities          
Investment in subsidiary   -    - 
Fixed Assets Purchased   -    (63,025)
Net Cash( Used In) Provided by Investing Activities   -    (63,025)
Cash Flows from Financing Activities          
Procceds from issuance of stock        - 
Due to related party   (441,422)   192,017 
Conversion of Notes Proceeds   -    - 
Escrow payments   -    (135,000)
Notes receivable paid   -    754,820 
Proceeds from notes receivable paid   490,669    600,000 
Net Cash Provided by (Used In) Financing Activities   49,247    1,411,837 
           
NET DECREASE IN CASH AND CASH EQUIVALENTS   (386,554)   277,275 
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD   386,765    109,490 
CASH AND CASH EQUIVALENTS, END OF PERIOD  $211   $386,765 
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:          
SUPPLEMENTAL DISCLOSURE OF NONCASH ACTIVITIES:          
Interest paid during the period  $-   $36,940 
Income taxes paid during the period  $-   $- 

 

 

 

STRATEGIC GLOBAL INVESTMENTS, INC.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

 

   Preferred Stock  Common Stock 

Total

Stockholders’ Additional

Paid

  Accumulated  (Deficiency)
   Shares  Amount  Shares  Amount  in Capital  Deficit  Equity
Balance -December 31, 2014   2,100,000   $2,101    3,980,038   $3,980   $5,469,379   $(3,432,774)  $2,042,686 
                                    
Shares issued for payment of notes payable             20,000,000    20,000    580,000         600,000 
Shares issued in exchange for note             300,000    300    (300)        - 
Issuance of common stock for cash proceeds-net of costs             4,900,000    4,900    68,600         73,500 
Stock issued for services to consultants and employees             3,133,333    3,133    31,333         34,467 
Shares issued in exchange for assets             5,251,478    5,251    129,896         135,147 
Net Loss                            (1,158,877)   (1,158,877)
Balance - December 31, 2015   2,100,000   $2,101    37,564,849   $37,565   $6,278,908   $(4,591,651)  $1,726,922 
                                    
Shares issued in exchange for services to consultants             9,500,000    9,599    85,500         95,099 
Net Loss                            (1,822,311)   (1,822,311)
Balance - December 31, 2015   2,100,000   $2,101    47,064,849   $47,164   $6,364,408   $(6,413,962)  $(290)