Exhibit 99.3
In re | GRANDPARENTS.COM, INC. | Case No. | 17-14711 | |||
Debtor | Reporting Period: | APRIL 14th to 30th, 2017 | ||||
ADDENDUM 1 | ||||||
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS FOR THE NON-DEBTORS | ||||||
AMERICAN GRANDPARENTS ASSOCIATION LLC (APA) and GRANDPARENTS INSURANCE SOLUTIONS LLC (GPIS) | ||||||
BANK ACCOUNTS | ||||||
ACCOUNT NUMBER (LAST 4) | APA CHASE BANK A/C XXXX5251 | GPIS CHASE BANK A/C XXXX1381 | CURRENT MONTH ACTUAL (TOTAL OF ALL ACCOUNTS) | |||
CASH BEGINNING APRIL 14TH | 975 | 40000 | 40975 | |||
RECEIPTS | ||||||
MEMBERSHIP REVENUE | 570 | |||||
MEDICARE | 119 | 119 | ||||
AETNA LIFE INSURANCE | 1486 | 1486 | ||||
LOANS AND ADVANCES | ||||||
SALE OF ASSETS | ||||||
OTHER (ATTACH LIST) | ||||||
TRANSFERS (FROM DIP ACCTS) | ||||||
TOTAL RECEIPTS | 570 | 1605 | 1605 | |||
DISBURSEMENTS | ||||||
NET PAYROLL ADP | ||||||
PAYROLL TAXES ADP | ||||||
SALES, USE, & OTHER TAXES | ||||||
INVENTORY PURCHASES | ||||||
SECURED/ RENTAL/ LEASES | ||||||
INSURANCE | 1117 | 1117 | ||||
ADMINISTRATIVE | 10 | 63 | 73 | |||
SELLING | ||||||
OTHER DUPLICATED PAYMENTS | ||||||
OWNER DRAW * | ||||||
TRANSFERS (TO DIP ACCTS) | ||||||
PROFESSIONAL FEES | ||||||
U.S. TRUSTEE QUARTERLY FEES | ||||||
COURT COSTS | ||||||
TOTAL DISBURSEMENTS | 10 | 1180 | 1190 | |||
NET CASH FLOW | 560 | 425 | 985 | |||
(RECEIPTS LESS DISBURSEMENTS) | ||||||
CASH – END OF MONTH | 1535 | 40425 | 41960 |
BALANCE PER BANK | 1535 | 40473 | ||||
LESS: OUTSTANDING CHECKS | 0 | 48 | ||||
BALANCE PER B00K | 1535 | 40425 |
In re | GRANDPARENTS.COM, INC. | Case No. | 17-14711 |
Debtor | Reporting Period: | April 14 - 30, 2017 | |
ADDENDUM 2 | |||
STATEMENT OF OPERATIONS (Income Statement) | |||
GRANDPARENTS INSURANCE SOLUTIONS LLC | |||
The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue | |||
when it is realized and expenses when they are incurred, regardless of when cash is actually received or paid. |
REVENUES | APRIL 14-30 | CUMULATIVE -FILING TO DATE | |
Gross Revenues | 1605 | 1605 | |
Less: Returns and Allowances | |||
Net Revenue | 1605 | 1605 | |
COST OF GOODS SOLD | |||
Beginning Inventory | |||
Add: Purchases | |||
Add: Cost of Labor | |||
Add: Other Costs (attach schedule) | |||
Less: Ending Inventory | |||
Cost of Goods Sold | |||
Gross Profit | 1605 | 1605 | |
OPERATING EXPENSES | |||
Consultant Preferred Empoyers LLC | 4167 | 4167 | |
Auto and Truck Expense | |||
Bad Debts | |||
Bank & Merchant Fees | 15 | 15 | |
Employee Benefits Programs | |||
Executive Salaries - Gross | |||
Insurance | 1105 | 1105 | |
Management Fees/Bonuses | |||
Office Expense | |||
Pension & Profit-Sharing Plans | |||
Repairs and Maintenance | |||
Rent and Lease Expense | |||
Staff Salaries - Gross | |||
Supplies | |||
Taxes - Payroll | |||
Taxes - Real Estate | |||
Taxes - Other | |||
Travel and Entertainment | |||
Utilities | |||
Other (attach schedule) | |||
Total Operating Expenses Before Depreciation | 5287 | 5287 | |
Depreciation/Depletion/Amortization | 0 | 0 | |
Net Profit (Loss) Before Other Income & Expenses | -3682 | -3682 |
In re | GRANDPARENTS.COM, INC. | Case No. | 17-14711 |
Debtor | Reporting Period: | April 14 - 30, 2017 | |
ADDENDUM 3 | |||
STATEMENT OF OPERATIONS (Income Statement) | |||
AMERICAN GRANDPARENTS ASSOCIATION LLC | |||
The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue | |||
when it is realized and expenses when they are incurred, regardless of when cash is actually received or paid. |
REVENUES | APRIL 14-30 | CUMULATIVE -FILING TO DATE | |
Gross Revenues | 570 | 570 | |
Less: Returns and Allowances | |||
Net Revenue | 570 | 570 | |
COST OF GOODS SOLD | |||
Beginning Inventory | |||
Add: Purchases | |||
Add: Cost of Labor | |||
Add: Other Costs (attach schedule) | |||
Less: Ending Inventory | |||
Cost of Goods Sold | |||
Gross Profit | 570 | 570 | |
OPERATING EXPENSES | |||
Consultant Preferred Empoyers LLC | |||
Auto and Truck Expense | |||
Bad Debts | |||
Bank & Merchant Fees | 10 | 10 | |
Employee Benefits Programs | |||
Executive Salaries - Gross | |||
Insurance | |||
Management Fees/Bonuses | |||
Office Expense | |||
Pension & Profit-Sharing Plans | |||
Repairs and Maintenance | |||
Rent and Lease Expense | |||
Staff Salaries - Gross | |||
Supplies | |||
Taxes - Payroll | |||
Taxes - Real Estate | |||
Taxes - Other | |||
Travel and Entertainment | |||
Utilities | |||
Other (attach schedule) | |||
Total Operating Expenses Before Depreciation | 10 | 10 | |
Depreciation/Depletion/Amortization | 0 | 0 | |
Net Profit (Loss) Before Other Income & Expenses | 560 | 560 |
In re | GRANDPARENTS.COM, INC. | Case No. | 17-14711 |
Debtor | Reporting Period: | April 14 - 30, 2017 | |
ADDENDUM 4 | |||
BALANCE SHEET | |||
GRANDPARENTS INSURANCE SOLUTIONS LLC | |||
The Balance Sheet is to be completed on an accrual basis only. |
ASSETS | BOOK VALUE AT END OF CURRENT REPORTING MONTH | BOOK VALUE AT END OF PRIOR REPORTING MONTH | |
CURRENT ASSETS | |||
Unrestricted Cash and Equivalents | 40425 | ||
Restricted Cash and Cash Equivalents (see continuation sheet) | |||
Accounts Receivable (Net) | 4250 | ||
Intercompany Receivable e | |||
Deposits | |||
Prepaid Expenses | 1117 | ||
Professional Retainers | |||
Other Current Assets (attach schedule) | |||
TOTAL CURRENT ASSETS | 45792 | 0 | |
PROPERTY & EQUIPMENT | |||
Real Property and Improvements | |||
Computer equpment and Software | |||
Furniture, Fixtures and Office Equipment | |||
Internet Domain & Website | |||
Other tax refund | |||
Less: Accumulated Depreciation | |||
TOTAL PROPERTY & EQUIPMENT | 0 | 0 | |
OTHER ASSETS | |||
Amounts due from Insiders* | |||
Other Assets NOLs | |||
TOTAL OTHER ASSETS | 0 | 0 | |
TOTAL ASSETS | 45792 | 0 | |
LIABILITIES AND OWNER EQUITY | BOOK VALUE AT END OF CURRENT REPORTING MONTH | BOOK VALUE AT END OF PRIOR REPORTING MONTH | |
LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition) | |||
Accounts Payable and accruals | 10275 | ||
Taxes Payable (refer to FORM MOR-4) | |||
Wages Payable | |||
Notes Payable | |||
Rent / Leases - Building/Equipment | |||
Secured Debt / Adequate Protection Payments | |||
Professional Fees | |||
Amounts Due to Insiders* | 528245 | ||
Other Post-petition Liabilities (attach schedule) | |||
TOTAL POST-PETITION LIABILITIES | 538520 | 0 | |
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition) | |||
Secured Debt VB Funding | |||
Priority Debt | 0 | ||
Unsecured Debt | |||
TOTAL PRE-PETITION LIABILITIES | 0 | 0 | |
TOTAL LIABILITIES | 538520 | 0 | |
OWNERS' EQUITY | |||
Capital Stock | |||
Additional Paid-In Capital | |||
Partners' Capital Account | |||
Owner's Equity Account | |||
Retained Earnings | -492728 | ||
Adjustments to Owner Equity (attach schedule) | |||
Post-petition Contributions (attach schedule) | |||
NET OWNERS’ EQUITY | -492728 | 0 | |
TOTAL LIABILITIES AND OWNERS' EQUITY | 45792 | 0 |
In re | GRANDPARENTS.COM, INC. | Case No. | 17-14711 |
Debtor | Reporting Period: | April 14 - 30, 2017 | |
ADDENDUM 5 | |||
BALANCE SHEET | |||
AMERICAN GRANDPARENTS ASSOCIATION LLC | |||
The Balance Sheet is to be completed on an accrual basis only. |
ASSETS | BOOK VALUE AT END OF CURRENT REPORTING MONTH | BOOK VALUE AT END OF PRIOR REPORTING MONTH | |
CURRENT ASSETS | |||
Unrestricted Cash and Equivalents | 1535 | ||
Restricted Cash and Cash Equivalents (see continuation sheet) | |||
Accounts Receivable (Net) | |||
Intercompany Receivable e | |||
Deposits | |||
Prepaid Expenses | |||
Professional Retainers | |||
Other Current Assets (attach schedule) | |||
TOTAL CURRENT ASSETS | 1535 | 0 | |
PROPERTY & EQUIPMENT | |||
Real Property and Improvements | |||
Computer equpment and Software | |||
Furniture, Fixtures and Office Equipment | |||
Internet Domain & Website | |||
Other tax refund | |||
Less: Accumulated Depreciation | |||
TOTAL PROPERTY & EQUIPMENT | 0 | 0 | |
OTHER ASSETS | |||
Amounts due from Insiders* | |||
Other Assets NOLs | |||
TOTAL OTHER ASSETS | 0 | 0 | |
TOTAL ASSETS | 1535 | 0 | |
LIABILITIES AND OWNER EQUITY | BOOK VALUE AT END OF CURRENT REPORTING MONTH | BOOK VALUE AT END OF PRIOR REPORTING MONTH | |
LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition) | |||
Accounts Payable | 1250 | ||
Prepaid Memberships | 9871 | ||
Wages Payable | |||
Notes Payable | |||
Rent / Leases - Building/Equipment | |||
Secured Debt / Adequate Protection Payments | |||
Professional Fees | |||
Amounts Due to Insiders* | 18174 | ||
Other Post-petition Liabilities (attach schedule) | |||
TOTAL POST-PETITION LIABILITIES | 29295 | 0 | |
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition) | |||
Secured Debt VB Funding | |||
Priority Debt | 0 | ||
Unsecured Debt | |||
TOTAL PRE-PETITION LIABILITIES | 0 | 0 | |
TOTAL LIABILITIES | 29295 | 0 | |
OWNERS' EQUITY | |||
Capital Stock | |||
Additional Paid-In Capital | |||
Partners' Capital Account | |||
Owner's Equity Account | |||
Retained Earnings | -27760 | ||
Adjustments to Owner Equity (attach schedule) | |||
Post-petition Contributions (attach schedule) | |||
NET OWNERS’ EQUITY | -27760 | 0 | |
TOTAL LIABILITIES AND OWNERS' EQUITY | 1535 | 0 |