Exhibit 99.3
GOOD EARTH ENERGY CONSERVATION, INC.
(A DEVELOPMENT STAGE ENTERPRISE)
PRO-FORMA CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
MARCH 31, 2013
Pro Forma Consolidated Balance Sheets
of Good Earth Energy Conservation, Inc and Numbeer, Inc
| Good Earth Energy Conservation, Inc | Numbeer, Inc | |||||||||||||||
| March 31, 2013 | February 28, 2013 | Pro forma Adjustments | Combined | |||||||||||||
| (Unaudited) | (Unaudited) | |||||||||||||||
| ASSETS | ||||||||||||||||
| Current Assets | ||||||||||||||||
| Cash | 66,774 | 0 | 66,774 | |||||||||||||
| Receivables | 25,440 | 25,440 | ||||||||||||||
| Raw Materials Inventory | 301,363 | 301,363 | ||||||||||||||
| Work In Progress | 96,644 | 96,644 | ||||||||||||||
| Total Current Assets | 490,221 | 0 | 490,221 | |||||||||||||
| Total Property and Equipment | 205,850 | 0 | 205,850 | |||||||||||||
| Other Assets | 6,200 | 0 | 6,200 | |||||||||||||
| Total Assets | 702,271 | 0 | 702,271 | |||||||||||||
| LIABILITIES AND CAPITAL | ||||||||||||||||
| Current Liabilities | ||||||||||||||||
| Accounts Payable and accrued liabilities | 317,659 | 41,017 | 358,676 | |||||||||||||
| Accrued Interest | 209,047 | 0 | 209,047 | |||||||||||||
| Convertible Notes Payable | 750,000 | 0 | 750,000 | |||||||||||||
| Current Maturities of Long Term Debt | 264,244 | 0 | 264,244 | |||||||||||||
| Advances from Stockholder | 0 | 25,628 | (25,628 | ) | 0 | |||||||||||
| Total Current Liabilities | 1,540,950 | 66,645 | 1,581,967 | |||||||||||||
| Long-Term Liabilities | 2,409,026 | 0 | 2,409,026 | |||||||||||||
| Total Liabilities | 3,949,975 | 66,645 | 3,990,992 | |||||||||||||
| Capital | ||||||||||||||||
| Common Stock | ||||||||||||||||
| Common Stock GEEC 19,304,222 @$.01 | 193,042 | 7,596 | (7,000 | )a | 20,804 | |||||||||||
| Common Stock Numbeer 7,596,000 @$.001 | 20,208 | b | ||||||||||||||
| (193,042 | )c | |||||||||||||||
| Paid-in Capital | 6,494,289 | 8,344 | 7,000 | a | 6,682,467 | |||||||||||
| (20,208 | )b | |||||||||||||||
| 193,042 | c | |||||||||||||||
| Retained Earnings | (9,935,035 | ) | (82,585 | ) | 25,628 | (9,991,992 | ) | |||||||||
| Total Capital | (3,247,704 | ) | (66,645 | ) | (3,288,721 | ) | ||||||||||
| Total Liabilities & Capital | 702,271 | 0 | 0 | 702,271 | ||||||||||||
Pro Forma Consolidated Statements of Operations
of Good Earth Energy Conservation, Inc and Numbeer, Inc
| Good Earth Energy | Numbeer, Inc | |||||||||||||||
| Conservation, Inc For the three months ending March 31, 2013 | For the Nine Months ended February 28, 2013 | Pro forma Adjustments | Combined | |||||||||||||
| (Unaudited) | (Unaudited) | |||||||||||||||
| Revenues | 0 | 0 | 0 | |||||||||||||
| Cost of Sales | 0 | 0 | 0 | |||||||||||||
| Gross Profit | 0 | 0 | 0 | |||||||||||||
| Operating Expenses | ||||||||||||||||
| General and administration expensex | 0 | 1,618 | 1,618 | |||||||||||||
| Consulting | 54,129 | 54,129 | ||||||||||||||
| Salaries | 274,635 | 274,635 | ||||||||||||||
| Payroll tax | 26,620 | 26,620 | ||||||||||||||
| Meals and entertainment | 4,647 | 4,647 | ||||||||||||||
| Travel | 38,903 | 38,903 | ||||||||||||||
| Insurance | 15,463 | 15,463 | ||||||||||||||
| Professional Fees | 67,290 | 4,500 | 71,790 | |||||||||||||
| Office supplies and postage | 17,747 | 17,747 | ||||||||||||||
| Freight and other fees | 1,969 | 1,969 | ||||||||||||||
| Taxes and licenses | 1,269 | 1,269 | ||||||||||||||
| Prototype parts and supplies | 6,620 | 6,620 | ||||||||||||||
| Trade shows and related expenses | 12,297 | 12,297 | ||||||||||||||
| Rent | 17,930 | 17,930 | ||||||||||||||
| Telephone and utilities | 4,897 | 4897 | ||||||||||||||
| Depreciation and amortization | 6,735 | 6,735 | ||||||||||||||
| Repairs and maintenance | 761 | 761 | ||||||||||||||
| Wire and bank fees | 434 | 434 | ||||||||||||||
| Other | 79 | 79 | ||||||||||||||
| Total Expenses | 552,425 | 6,118 | 558,543 | |||||||||||||
| Net Income/(Loss) from Operations | (552,425 | ) | (6,118 | ) | (558,543 | ) | ||||||||||
| Other Income and Expenses | ||||||||||||||||
| Interest Income | 18 | 0 | 18 | |||||||||||||
| Interest Expense - Gen & Admin | (67,133 | ) | 0 | (67,133 | ) | |||||||||||
| Total Other Income and Expenses | (67,115 | ) | 0 | (67,115 | ) | |||||||||||
| Net Income(Loss) | (619,540 | ) | (6,118 | ) | $ | 0 | (625,658 | ) | ||||||||
Good Earth Energy Conservation, Inc.
NOTES TO PRO-FORMA CONSOLIDATED FINANCIAL STATEMENTS
(Unaudited)
March 31, 2013
| 1.) | BASIS OF PRESENTATION |
The accompanying unaudited pro-forma consolidated statement of Good Earth Energy Conservation, Inc., formerly Numbeer, Inc.) a Nevada company (“the Company”) has been prepared by management in accordance with accounting principles generally accepted in the USA from information derived from the financial statements of the Company and the financial statements of Good Earth Energy Conservation, Inc., a Delaware company (“Good Earth”) together with other information available to the Company. The unaudited pro-forma consolidated financial statement has been prepared for inclusion in a Current Report on Form 8-K filing in respect of the closing of a share for share exchange of the company involving the acquisition of 100% of the issued and outstanding share capital of Good Earth dated May 17, 2013. In the opinion of the Company’s management the unaudited pro-forma consolidated financial statement includes all adjustments necessary for fair presentation of the transactions as described below.
The unaudited pro-forma consolidated financial statement is not necessarily indicative of the financial position or results of operations which would have resulted if the combination had actually occurred as set out in Note 2.
The accompanying unaudited pro-forma consolidated financial statements have been prepared by management on the basis that the transactions as set out in the Filing Statement will be approved.
The unaudited pro-forma consolidated financial statements have been prepared using, and should be read in conjunction with, the unaudited interim financial statements of the Company for the nine months ended February 28, 2013 and the unaudited interim financial statements of Good Earth for the three months ended March 31, 2013.
The unaudited pro-forma consolidated financial statements were prepared based on the following assumptions:
| 2.) | PRO-FORMA TRANSACTIONS |
The transactions required to accomplish the share exchange are recognized as follows: (1) the recapitalization of Good Earth shares in a 1-for-1 exchange ratio; (2) the Company’s common shares that remain outstanding are recognized as the issuance of common shares by Good Earth for the net assets of the Company at their fair values.
The specific transactions and their effects on the unaudited pro-forma consolidated financial statements are as follows:
| a. | The Company shall issue 19,304,222 post-split common stock in exchange for 95.5% of the outstanding common stock of Good Earth in a share for share exchange. |
| b. | The Company’s sole officer and director shall surrender 6,998,014 post-split shares for cancellation. The remaining outstanding shares of the Company of 597,986 shall be held by the existing shareholders and will become on a post-split basis 1,505,000 common stock of the company. |
Good Earth Energy Conservation, Inc.
Index to entries:
| a | To record retirement of 7,000,000 shares of common stock at par @$.001 |
| b | To record forward stock split of 2.5167 |
| Original shares outstanding Numbeer | 7,596,000 | |||
| Shares cancelled | (7,000,000 | ) | ||
| Shares outstanding for Numbeer | 596,000 | |||
| Forward split ration 1:2.5167 | 2.5168 | |||
| Post split shares | 1,500,000 | |||
| plus shares issued for Good Earth | 19,304,222 | |||
| Increase in shares | 20,804,222 | |||
| Less shares originally issued | (596,000 | ) | ||
| Increase in shares | 20,208,222 | |||
| Increase in shares @ par value $.001 | 20,208 |
| c | To reclass Good Earth Energy Conservation common stock to Additional Paid in Capital in connection with the reverse merger |