Attached files
file | filename |
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EX-99.7 - UBI Blockchain Internet LTD-DE | ex99-7.htm |
EX-99.6 - UBI Blockchain Internet LTD-DE | ex99-6.htm |
8-K/A - UBI Blockchain Internet LTD-DE | form8-ka.htm |
Exhibit 99.8
UBI Blockchain Internet, Ltd. (“UBI”) and Shenzhen Nova E-commerce (“Nova”)
Pro Forma Condensed Combined Statement of Operations
For the Nine Months Ended May 31, 2017
(Unaudited)
UBI | Nova | Pro Forma Adjustments | Pro Forma Combined | |||||||||||||
Revenue | $ | - | $ | - | $ | - | ||||||||||
Operating Expenses: | ||||||||||||||||
Stock-based wages | 120,833 | - | 120,833 | |||||||||||||
Stock-based consulting fees | 640,834 | - | 640,834 | |||||||||||||
Marketing | - | 173,286 | 173,286 | |||||||||||||
Rent | - | 55,741 | 55,741 | |||||||||||||
Wages | 249,437 | 63,537 | 312,974 | |||||||||||||
Website setup fee | - | - | - | |||||||||||||
Other general and administrative | 159,556 | 1,694 | 161,250 | |||||||||||||
Total Operating Expenses | 1,170,660 | 294,258 | - | 1,464,918 | ||||||||||||
Loss from Operations | (1,170,660 | ) | (294,258 | ) | - | (1,464,918 | ) | |||||||||
Other income (expenses): | 47,575 | - | 47,575 | |||||||||||||
Net Loss | $ | (1,123,085 | ) | $ | (294,258 | ) | $ | (1,417,343 | ) |
Note: Assumes acquisition of Nova took place on May 26, 2016 (Nova’s date of inception)