Colambda (NCRE) 8-K Completion of Acquisition or Disposition of Assets

Proforma Balance Sheet

March 31, 2022

	Adjustments
	Colambda, Technologies, Inc.	Emissions Zero Module, LLC (Consolidated)	DR	CR	Pro Forma
ASSETS
Current assets:
Cash	-	784,016	-	-	784,016
Accounts receivable	-	1,539,919	-	-	1,539,919
Due From NCRE	-	73,106	-	73,106	-
Prepaid expenses	-	27,000	-	-	27,000
Subscription Receivable	-	15,000	-	-	15,000
Other Current Assets	-	700	-	-	700
Right of Use Asset	-	70,540	-	-	70,540
Total current assets	-	2,510,280			2,437,175
Fixed Assets
Furniture and Equipment	-	46,000	-	-	46,000
Total Fixed Assets	-	46,000	-	-	46,000
Less Accumulated Depreciation	-	(7,400)	-	-	(7,400)
Net Fixed Assets	-	38,600	-	-	38,600
Total assets	-	2,548,880	-	73,106	2,475,775
LIABILITIES
Current liabilities:
Accounts payable and accrued expenses	14,784	2,605	-	-	17,389
Note Payable	73,106	-	73,106	-	-
Advances From Stockholders	184,227	-	-	-	184,227
Accrued Interest	16,509	-	-	-	16,509
Convertible Notes Payable	16,122	-	-	-	16,122
Acquisition Payable		240,000	-	-	240,000
Notes payable	-	1,215,000	1,215,000	-	-
Accrued interest	-	96,159	-	-	96,159
Payroll Liabilities		481,602	-	-	481,602
Total current liabilities	304,748	2,035,366	1,288,106	-	1,052,008
Long-term liabilities:
Acquisition Payable	-	334,888	-	-	334,888
Long Term Lease Liability	-	71,192	-	-	71,192
Total long-term liabilities	-	406,081	-	-	406,081
Total liabilities	304,748	2,441,447	1,228,106	-	1,458,089
STOCKHOLDERS' EQUITY
Common Stock	12,482	167,158	56,462	-	123,178
Additional paid in capital	1,760,158	513,499	794,706	-	1,478,951
Accumulated Deficit	(2,077,388)	(573,224)		2,066,168	(584,444)
Total stockholders' equity/(deficit)	(304,748)	107,433	851,168	2,066,168	1,017,685
Total liabilities and stockholders' equity	-	2,548,880	2,139,274	2,139,274	2,475,775

Proforma Statement of Operations

March 31, 2022

		Colambda Technologies		Emissions Zero Module (Consolidated)		Pro Forma
		Three Months		Three Months		Three Months
		March 31		March 31		March 31
		2022		2022		2022
Sales	$	-	$	3,802,402	$	3,802,402
Cost of Sales		-		3,433,382		3,433,382
Gross profit		-		369,020		369,020
General and administrative expenses:
Salaries		-		105,711		105,711
Depreciation and Amortization		-		2,300		2,300
Legal and professional fees		10,393		80,309		90,702
Marketing and Advertising		-		3,464		3,464
Acquisition Expense		-		-		-
Research and Development		-		4,741		4,741
Taxes		-		4,240		4,240
Other general and administrative		429		193,912		194,341
Total operating expenses		10,822		394,678		405,500
(Loss) from operations		(10,822)		(25,658)		(36,480)
Other income (expense):
Interest income		-		-		-
Forgiven debt		-		-		-
Interest (expense)		(398)		(35,507)		(35,905)
(Loss) before taxes		(11,220)		(61,165)		(72,385)
				��
Provision (credit) for taxes on income		-		-		-
Net (loss)	$	(11,220)	$	(61,165)	$	(72,385)
Basic earnings (loss) per common share	$	(0.00)	$	-	$	(0.00)
Weighted average number of shares outstanding		123,176,724		-		123,176,724