Exhibit 99.3
HALL TEES, INC. Pro-Forma Consolidated Balance Sheets March 31, 2013 (Unaudited) |
| | Hall Tees, Inc. | Studio 82 Imports, Inc. | Pro-forma Adjustments | Pro-Forma |
| ASSETS | | | | |
| Current Assets: | | | | |
| Cash and Cash Equivalents | $93,006 | $0 | $0 | $93,006 |
| Accounts Receivable, net | 541 | | | 541 |
| Total Current Assets | 93,5467 | | | 93,5467 |
| | | | | |
| Fixed Assets, net | 30,973 | | | 30,973 |
| | | | | |
| TOTAL ASSETS | $124,520 | $0 | $0 | $124,520 |
| | | | | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | | | | |
| Current Liabilities | | | | |
| Accounts Payable | $11,725 | | | $11,725 |
| Accrued Expenses | 25,695 | | | 25,695 |
| Amounts due Shareholder | 52,825 | | | 52,825 |
| Total Current Liabilities | 90,245 | | | 90,245 |
| | | | | |
| Total Liabilities | 90,245 | 0 | 0 | 90,245 |
| | | | | |
| Stockholders’ Equity | | | | |
| Preferred Stock, $0.001 par value, 25,000,000 shares authorized, 0 and 0 shares outstanding | 0 | | | 0 |
| Common Stock, $0.001 par value, 50,000,000 shares authorized, 7,755,400 and 7,755,400 shares outstanding | 7,755 | 5 | | 7,760 |
| Additional Paid-In Capital | 389,945 | | | 389,945 |
| Accumulated Deficit | (363,425) | (5) | | (363,430) |
| Total Stockholders’ Equity | 34,275 | 0 | 0 | 34,275 |
| | | | | |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $124,520 | $0 | $0 | $124,520 |
The Accompanying Notes are an Integral Part of these Consolidated Financial Statements.
NOTE 1--BASIS OF PRESENTATION
On July 8, 2013, Hall Tees, Inc. (“Hall Tees” or the “Registrant”) changed its corporate domicile, or place of incorporation, from the State of Nevada to the British Virgin Islands (the “BVI”) through a merger transaction (the “Merger”) into Studio 82 Imports, Inc. (“Studio 82”).
Immediately prior to the Merger, STUDIO 82 had 5,000 ordinary or common shares outstanding with a par value of $0.001 per share. At the time of the Merger, Studio 82 issued 7,755,400 ordinary or common shares for the outstanding common stock of Hall Tees. The shares were exchanged at a ratio of 1:1
The accompanying pro forma schedule was prepared assuming the above transaction occurred on March 31, 2013.
The reviewed financial statements of the Registrant as of March 31, 2013 have been used in the preparation of these pro forma consolidated financial statements. These pro forma consolidated financial statements should be read in conjunction with the historical financial statements of the Registrant.
NOTE 2—PRO FORMA ADJUSTMENT
| (a) | To reflect the 5,000 shares outstanding in Studio 82 that remained outstanding as part of the Agreement for Merger. |
No Statement of Operations is presented as it is unchanged with the recapitalization, as Studio 82 Silver, Inc. had no revenues or expenses.
