Exhibit 99.2
ONE2ONE LIVING CORPORATION
(Formerly Jinmimi Network Inc.)
UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEETS
AS OF SEPTEMBERE 30, 2012
One2One (Pub-co) | One2One (Private) | Adjustments | Pro-Forma Combined | |||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | |||||||||||||
Assets | ||||||||||||||||
Current Assets | ||||||||||||||||
Cash | $ | 39,204 | $ | 2,934 | $ | - | $ | 42,138 | ||||||||
Subscriptions receivables | 2,000 | - | - | 2,000 | ||||||||||||
Promissory note and accrued interest | 395,968 | 3,000 | (380,406 | ) | 18,562 | |||||||||||
Total Current Assets | 437,172 | 5,934 | (380,406 | ) | 62,700 | |||||||||||
Web development costs | 243,611 | - | 243,611 | |||||||||||||
Total Assets | $ | 437,172 | $ | 249.545 | $ | (380,406 | ) | $ | 306,311 | |||||||
Liabilities and Stockholders’ Equity (Deficit) | ||||||||||||||||
Current Liabilities | ||||||||||||||||
Accounts payable and accrued liabilities | 7,067 | 10,375 | (5,406 | ) | 12,036 | |||||||||||
Promissory note | - | 525,000 | (375,000 | ) | 150,000 | |||||||||||
Due to related party | 33,362 | - | - | 33,362 | ||||||||||||
Corporate Credit Card | - | 21,559 | - | 21,559 | ||||||||||||
Total Current Liabilities | 40,429 | 556,934 | (380,406 | ) | 216,957 | |||||||||||
Stockholders’ Equity (Deficit) | ||||||||||||||||
Preferred stock | 0 | - | - | - | ||||||||||||
Common stock | 8,765 | - | - | 8,765 | ||||||||||||
Additional paid-in-capital | 930,778 | - | - | 930,778 | ||||||||||||
Shares subscribed | 260,000 | 96,306 | - | 356,306 | ||||||||||||
Deficit accumulated during the Development stage | (806,365 | ) | (403,695 | ) | - | (1,210,060 | ) | |||||||||
Accumulated other comprehensive income | 3,565 | - | - | 3,565 | ||||||||||||
Total Stockholders’ Equity(Deficit) | 396,743 | (307,389 | ) | - | 89,354 | |||||||||||
Total Liabilities and Stockholders’ Equity (Deficit) | $ | 437,172 | $ | 249,545 | $ | (380,406 | ) | $ | 306,311 |
ONE2ONE LIVING CORPORATION
(Formerly Jinmimi Network Inc.)
UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEETS
AS OF DECEMBER 31, 2011
One2One (Pub-co) | One2One (Private) | Adjustments | Pro-Forma Combined | |||||||||||||
(Audited) | (Audited) | (Unaudited) | (Unaudited) | |||||||||||||
Assets | ||||||||||||||||
Current Assets | ||||||||||||||||
Cash | $ | 163 | $ | 40,412 | - | $ | 40,575 | |||||||||
Subscriptions receivables | 2,000 | - | - | 2,000 | ||||||||||||
Prepaid expenses | 14,352 | - | - | 14,352 | ||||||||||||
Total Current Assets | 16,515 | 40,412 | - | 56,927 | ||||||||||||
Web development costs | 55,812 | - | 55,812 | |||||||||||||
Total Assets | $ | 16,515 | $ | 96,224 | - | $ | 12,739 | |||||||||
Liabilities and Stockholders’ Equity (Deficit) | ||||||||||||||||
Current Liabilities | ||||||||||||||||
Accounts payable and accrued liabilities | 8,000 | 2,326 | - | 10,326 | ||||||||||||
Promissory note | - | 135,000 | - | 135,000 | ||||||||||||
Due to related party | 29,500 | - | - | 29,500 | ||||||||||||
Total Current Liabilities | 37,500 | 137,326 | - | 174,826 | ||||||||||||
Stockholders’ Equity (Deficit) | ||||||||||||||||
Preferred stock | 0 | - | - | - | ||||||||||||
Common stock | 8,715 | - | - | 8,715 | ||||||||||||
Additional paid-in-capital | 680,828 | - | - | 680,828 | ||||||||||||
Shares subscribed | - | 71,306 | - | 71,306 | ||||||||||||
Deficit accumulated during the Development stage | (714,093 | ) | (112,408 | ) | - | (826,501 | ) | |||||||||
Accumulated other comprehensive income | 3,565 | - | - | 3,565 | ||||||||||||
Total Stockholders’ Equity(Deficit) | (20,985 | ) | (41,102 | ) | - | (62,087 | ) | |||||||||
Total Liabilities and Stockholders’ Equity (Deficit) | $ | 16,515 | $ | 96,224 | - | $ | 112,739 |
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ONE2ONE LIVING CORPORATION
(Formerly Jinmimi Network Inc.)
UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENTS OF OPERATIONS
NINE MONTH INTERIM PERIOD ENDED SEPTEMBER 30, 2012
One2One (Pub-co) | One2One (Private) | Adjustments | Pro-Forma Combined | |||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | |||||||||||||
Revenues | ||||||||||||||||
Net revenues | $ | - | $ | - | $ | - | $ | - | ||||||||
Cost of net revenues | - | - | - | - | ||||||||||||
Gross Profit | $ | - | $ | - | $ | - | $ | - | ||||||||
Operating Expenses | ||||||||||||||||
General and administration | 42,388 | 41,512 | - | 83,900 | ||||||||||||
Consulting fees | - | 107,455 | - | 107,455 | ||||||||||||
Web development expenses | - | 32,234 | - | 32,234 | ||||||||||||
Marketing expense | 41,000 | 79,355 | - | 120,355 | ||||||||||||
Professional fees | - | 5,883 | - | 5,883 | ||||||||||||
Total Operating Loss | $ | (83,388 | ) | $ | (266,439 | ) | $ | - | $ | (349,827 | ) | |||||
Other Income (Loss) | ||||||||||||||||
Other expense | (14,352 | ) | - | - | (14,352 | ) | ||||||||||
Other income | - | 392 | - | 392 | ||||||||||||
Interest expense | - | (25,240 | ) | 5,406 | (19,834 | ) | ||||||||||
Interest income | 5,468 | - | (5,406 | ) | 62 | |||||||||||
Total Other Income (Expense) | (8,884 | ) | (24,848 | ) | - | (33,732 | ) | |||||||||
Net Loss | (92,272 | ) | (291,287 | ) | - | (383,559 | ) | |||||||||
Comprehensive Loss | $ | (92,272 | ) | $ | (291,287 | ) | $ | - | $ | (383,559 | ) |
3
ONE2ONE LIVING CORPORATION
(Formerly Jinmimi Network Inc.)
UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2011
One2One (Pub-co) | One2One (Private) | Adjustments | Pro-Forma Combined | |||||||||||||
(Audited) | (Audited) | (Unaudited) | (Unaudited) | |||||||||||||
Revenues | ||||||||||||||||
Net revenues | $ | - | $ | - | $ | - | $ | - | ||||||||
Cost of net revenues | - | - | - | - | ||||||||||||
Gross Profit | $ | - | $ | - | $ | - | $ | - | ||||||||
Operating Expenses | ||||||||||||||||
General and administration | 75,088 | 7,381 | - | 82,469 | ||||||||||||
Consulting fees | - | 66,608 | - | 66,608 | ||||||||||||
Web development expenses | - | 5,672 | - | 5,672 | ||||||||||||
Marketing expense | - | 30,788 | - | 30,788 | ||||||||||||
Professional fees | - | 2,060 | - | 2,060 | ||||||||||||
Total Operating Loss | $ | (75,088 | ) | $ | (112,509 | ) | $ | - | $ | (187,597 | ) | |||||
Other Income (Expense) | ||||||||||||||||
Loss on deconsolidation | (14,223 | ) | - | - | (14,223 | ) | ||||||||||
Other income | - | 101 | - | 101 | ||||||||||||
Total Other Income (Expense) | (14,223 | ) | 101 | - | (14,122 | ) | ||||||||||
Net Loss | (89,311 | ) | (112,408 | ) | - | (201,719 | ) | |||||||||
Foreign currency translation adjustment | 571 | - | - | 571 | ||||||||||||
Comprehensive Loss | $ | (88,740 | ) | $ | (112,408 | ) | $ | - | $ | (201,148 | ) |
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