Corix Bioscience (CXBS) 8-K Consolidated Statements of Operations

American Realty Partners, LLC March 31, 2015 and December 31, 2014 and 2013

Index

Report of Independent Registered Public Accounting Firm	F-1
Consolidated Balance Sheets	F-2
Consolidated Statements of Operations	F-3
Consolidated Statements of Changes in Members' Equity	F-4
Consolidated Statements of Cash Flows	F-5
Notes to the Consolidated Financial Statements	F-6

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Members of
American Realty Partners, LLC
Phoenix, AZ

We have audited the accompanying consolidated balance sheets of American Realty Partners, LLC and its subsidiaries (collectively the "Company") as of December 31, 2014 and 2013 and the related consolidated statements of operations, changes in members' equity and cash flows for the years then ended. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform an audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of American Realty Partners, LLC and its subsidiaries as of December 31, 2014 and 2013, and the results of their operations and their cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As discussed in Note 3 to the consolidated financial statements, the Company has suffered recurring losses from operations and incurred negative cash flows from operations. These raise substantial doubt about the Company's ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 3. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

/s/ MaloneBailey, LLP
www.malonebailey.com
Houston, Texas
July 6, 2015

Page F-1

American Realty Partners, LLC
Consolidated Balance Sheets

	March 31, 2015	December 31, 2014	December 31, 2013
	(unaudited)
ASSETS
Investment in real estate:
Land	$     4,500,484	$     3,881,285	$     2,886,778
Building and improvements	2,124,117	1,410,583	921,664
	6,624,601	5,291,868	3,808,442
Less: accumulated depreciation	(138,666)	(119,398)	(57,075)
Investment in real estate, net	6,485,935	5,172,470	3,751,367
Cash	240,330	304,371	182,913
Accounts receivable	3,200	-	-
Notes receivable	120,000	120,000	250,750
Due from related party	8,321	-	-
Other assets	156,927	79,344	-
Total Assets	$     7,014,713	$     5,676,185	$     4,185,030
LIABILITIES AND MEMBERS' EQUITY
LIABILITIES
Accounts payable and accrued liabilities	$     51,902	$     25,847	$     10,772
Due to related party	37,106	54,382	50,850
Prepaid rent received	3,500	7,450	5,973
Notes payable	2,936,325	2,016,144	1,285,000
Total Liabilities	3,028,833	2,103,823	1,352,595
Commitments (Note 11)
MEMBERS' EQUITY
Members' contributions	10,017,511	8,800,585	6,579,556
Accumulated deficit	(6,016,553)	(5,228,223)	(3,747,121)
Total American Realty Partners, LLC Members' Equity	4,000,958	3,572,362	2,832,435
Non-controlling interest	(15,078)	-	-
Total Members' Equity	3,985,880	3,572,362	2,832,435
Total Liabilities and Total Liabilities and Members' Members'	$     7,014,713	$     5,676,185	$     4,185,030

(The accompanying notes are an integral part of these consolidated financial statements)

Page F-2

American Realty Partners, LLC
Consolidated Statements of Operations

	For the	For the
	Three Months	Three Months	For the	For the
	Ended	Ended	Year Ended	Year Ended
	March 31,	March 31,	December 31,	December 31,
	2015	2014	2014	2013
	(unaudited)	(unaudited)
Revenue
Rental revenues	$     87,159	$     67,635	$     268,620	$  253,962
Interest income	2,402	7,383	22,338	10,636
Gain on sale of assets	-	-	38,244	297,904
Other income	500	-	-	17,210
Total revenue	90,061	75,018	329,202	579,712
Expenses
Depreciation	19,268	39,731	74,670	48,680
General and administrative	498,106	324,049	1,533,869	783,805
Interest expense	50,866	43,885	201,765	268,301
Acquisition expense	325,000	-	-	-
Total expenses	(893,240)	(407,665)	(1,810,304)	(1,100,786)
Net loss	(803,179)	(332,647)	(1,481,102)	(521,074)
Less: net loss attributable to non-controlling interest	14,849

-

-

-

Net loss attributable to American Realty Partners, LLC

$      (788,330)

$     (332,647)

$      (1,481,102)

$     (521,074)