Priority Technology Holdings, Inc. - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - July 31, 2018

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EX-99.4 - EXHIBIT 99.4 - Priority Technology Holdings, Inc.s111606_ex99-4.htm
EX-99.3 - EXHIBIT 99.3 - Priority Technology Holdings, Inc.s111606_ex99-3.htm
EX-99.2 - EXHIBIT 99.2 - Priority Technology Holdings, Inc.s111606_ex99-2.htm
EX-16.1 - EXHIBIT 16.1 - Priority Technology Holdings, Inc.s111606_ex16-1.htm
EX-14.1 - EXHIBIT 14.1 - Priority Technology Holdings, Inc.s111606_ex14-1.htm
EX-10.5.2 - EXHIBIT 10.5.2 - Priority Technology Holdings, Inc.s111606ex10_5-2.htm
EX-10.5.1 - EXHIBIT 10.5.1 - Priority Technology Holdings, Inc.s111606ex10_5-1.htm
EX-10.5 - EXHIBIT 10.5 - Priority Technology Holdings, Inc.s111606_ex10-5.htm
EX-10.4.2 - EXHIBIT 10.4.2 - Priority Technology Holdings, Inc.s111606ex10_4-2.htm
EX-10.4.1 - EXHIBIT 10.4.1 - Priority Technology Holdings, Inc.s111606ex10_4-1.htm
EX-10.4 - EXHIBIT 10.4 - Priority Technology Holdings, Inc.s111606_ex10-4.htm
EX-10.3 - EXHIBIT 10.3 - Priority Technology Holdings, Inc.s111606_ex10-3.htm
EX-10.2 - EXHIBIT 10.2 - Priority Technology Holdings, Inc.s111606_ex10-2.htm
EX-10.1 - EXHIBIT 10.1 - Priority Technology Holdings, Inc.s111606_ex10-1.htm
EX-3.2 - EXHIBIT 3.2 - Priority Technology Holdings, Inc.s111606_ex3-2.htm
EX-3.1 - EXHIBIT 3.1 - Priority Technology Holdings, Inc.s111606_ex3-1.htm
8-K - FORM 8-K - Priority Technology Holdings, Inc.s111606_8k.htm

Exhibit 99.1

 

 

SUMMARY HISTORICAL FINANCIAL INFORMATION OF M I ACQUISITIONS

 

The following table shows summary historical financial information of M I Acquisitions for the periods and as of the dates indicated. The summary historical financial information of M I Acquisitions as of December 31, 2017, 2016 and 2015, for the years ended December 31, 2017 and 2016, and for the period from April 23, 2015 (Inception) through December 31, 2015 was derived from the audited historical financial statements of M I Acquisitions and the summary financial information as of June 30, 2018 and for the six-month periods ended June 30, 2018 and 2017 were derived from the unaudited financial statements as of June 30, 2018 and for the six months ended June 30, 2018 and 2017. 

 

   Six Months Ended June 30,   Year Ended December 31,   Period from April 23, 2015
(Inception) through		 
   2018   2017   2017   2016   December 31, 2015 
Statement of Operations Data:                         
Total expenses  $702,600   $407,501   $951,721   $173,196   $10,226 
Operating loss   (702,600)   (401,501)   (951,721)   (173,196)   (10,226)
Other income:                         
Interest income   393,315    143,632    399,166    37,701    - 
Extinguishment of debt   -    -    -    27,500    - 
Settlement income   -    -    427,701    -    - 
Net loss  $(309,285)  $(263,869)  $(124,854)  $(107,995)  $(10,226)
Net loss per shares of common stock - basic and diluted  $(0.28)  $(0.16)  $(0.19)  $(0.06)  $(0.01)
Weighted average shares of common stock outstanding - basic and diluted   2,352,922    2,319,266    2,330,884    1,664,794    1,250,000 

 

   As of June 30,   As of December 31, 
   2018   2017   2016   2015 
Balance Sheet Data:                    
Total assets  $51,933,300   $55,264,031   $55,150,604   $183,957 
Total liabilities   2,392,523    1,450,430    1,212,149    169,183 
Common stock subject to possible conversion   44,540,771    48,813,595    48,938,449    - 
Total stockholders' equity   5,000,006    5,000,006    5,000,006    14,774 

 

 

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