EXHIBIT 99.2
3D MAKERJET, INC
(Formerly)
AMERICAN BUSINESS CHANGE AGENTS, INC.
PROFORMA CONSOLIDATED BALANCE SHEET
AS OF JULY 31ST, 2014
(UNAUDITED)
|
| 3D MAKERJET, INC. (USA) |
| 3D MAKERJET, LTD (ASIA) |
| COMBINED |
| PROFORMA ADJ |
| ADJ PROFORMA TOTALS |
ASSETS |
| $ |
| $ |
| $ |
| $ |
| $ |
CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
Cash |
| 19,923 |
| − |
| 19,923 |
| − |
| 19,923 |
Inventory |
| 62,000 |
| − |
| 62,000 |
| − |
| 62,000 |
Due From Related Party |
| − |
| 62,000 |
| 62,000 |
| (62,000) |
| − |
TOTAL CURRENT ASSETS |
| 81,923 |
| 62,000 |
| 143,923 |
| (62,000) |
| 81,923 |
Property and equipment, net of accumulated depreciation of $3,370 |
| 23,963 |
| − |
| 23,963 |
| − |
| 23,963 |
Lease security deposit and other asset |
| 7,234 |
| − |
| 7,234 |
| − |
| 7,234 |
TOTAL ASSETS |
| 113,120 |
| 62,000 |
| 175,120 |
| (62,000.00) |
| 113,120 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
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|
|
|
LIABILITIES AND STOCKHOLDERS DEFICIT |
|
|
|
|
|
|
|
|
|
|
CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
|
Accounts payable and accrued liabilities |
| 54,751 |
| 1,216 |
| 55,967 |
| − |
| 55,967 |
Convertible notes payable, net of discount of $223,435, $0 and $0, respectively |
| 15,743 |
| − |
| 15,743 |
| − |
| 15,743 |
Convertible note payable, net of discount of $55,378 |
| − |
| 6,622 |
| 6,622 |
| − |
| 6,622 |
Loan Payable |
| − |
| − |
| − |
| − |
| − |
Due To Related Parties |
| 62,000 |
| − |
| 62,000 |
| (62,000) |
| − |
TOTAL LIABILITIES |
| 132,494 |
| 7,838 |
| 140,332 |
| (62,000.00) |
| 78,332 |
|
|
|
|
|
|
|
|
|
|
|
Members Capital |
| − |
| 54,162 |
| 54,162 |
| − |
| 54,162 |
|
|
|
|
|
|
|
|
|
|
|
STOCKHOLDERS DEFICIT |
|
|
|
|
|
|
|
|
|
|
Preferred stock; $0.001 par value; 10,000,000 shares authorized; none issued or outstanding |
| − |
| − |
| − |
| − |
| − |
Common stock $0.001 par value; 300,000,000 shares authorized; 10,200,000 and 10,200,000 shares issued and outstanding at July 31, 2014 and January 31, 2014 and 2013 |
| 10,200 |
| − |
| 10,200 |
| − |
| 10,200 |
Additional paid in capital |
| 280,285 |
| − |
| 280,285 |
| − |
| 280,285 |
Accumulated Deficit |
| (309,859) |
| − |
| (309,859) |
| − |
| (309,859) |
TOTAL STOCKHOLDERS DEFICIT |
| (19,374) |
| − |
| (19,374) |
| − |
| (19,374) |
TOTAL LIABILITIES, MEMBERS CAPITAL AND STOCKHOLDERS DEFICIT |
| 113,120 |
| 62,000 |
| 175,120 |
| − |
| 175,120 |
3D MAKERJET, INC
(Formerly)
AMERICAN BUSINESS CHANGE AGENTS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
AS OF JULY 31ST, 2014
(UNAUDITED)
|
| 3D MAKERJET, INC. (USA) |
| 3D MAKERJET, LTD (ASIA) |
| COMBINED |
| PROFORMA ADJ |
| ADJ PROFORMA TOTALS |
REVENUE |
| $ |
| $ |
| $ |
| $ |
| $ |
COST OF GOODS SOLD |
| − |
| − |
| − |
| − |
| − |
OPERATING EXPENSES |
|
|
|
|
|
|
|
|
|
|
Professional fees |
| − |
| − |
| − |
| − |
| − |
General and Administrative |
| 212,546 |
| 403 |
| 212,949 |
| − |
| 212,949 |
Compensation |
| 12,200 |
| 1,039 |
| 13,239 |
| − |
| 13,239 |
TOTAL OPERATING EXPENSES |
| 224,746 |
| 1,442 |
| 226,188 |
| − |
| 226,188 |
LOSS FROM OPERATIONS |
| (224,746) |
| (1,442) |
| (226,188) |
| − |
| (226,188) |
OTHER INCOME: |
|
|
|
|
|
|
|
|
|
|
Gain on foregiveness of debt |
| 48,287 |
| − |
| 48,287 |
| − |
| 48,287 |
Interest Expense |
| (18,949) |
| (7,685) |
| (26,634) |
| − |
| (26,634) |
TOTAL OTHER INCOME (EXPENSE) |
| 29,338 |
| (7,685) |
| 21,653 |
| − |
| 21,653 |
PROVISION FOR INCOME TAXES |
| − |
| − |
| − |
| − |
| − |
NET INCOME (LOSS) |
| (195,408) |
| (9,127) |
| (204,535) |
| − |
| (204,535) |
|
|
|
|
|
|
|
|
|
|
|
NET LOSS PER SHARE: BASIC AND DILUTED |
| (0.02) |
| − |
| (0.02) |
| − |
| (0.02) |
|
|
|
|
|
|
|
|
|
|
|
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED |
| 10,200,000 |
| − |
| 10,200,000 |
| − |
| 10,200,000 |
2
3D MAKERJET, INC
(Formerly)
AMERICAN BUSINESS CHANGE AGENTS, INC.
PROFORMA STATEMENT OF CASHFLOWS
AS OF JULY 31ST, 2014
(UNAUDITED)
|
| 3D MAKERJET, |
| 3D MAKERJET, |
|
|
| PROFORMA |
| ADJ PROFORMA |
CASH FLOWS FROM OPERATING ACTIVITIES |
| INC. (USA) $ |
| LTD (ASIA) $ |
| COMBINED $ |
| ADJ $ |
| TOTALS $ |
Net loss |
| (195,408) |
| (9,127) |
| (204,535) |
| − |
| (204,535) |
Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
|
|
|
|
|
|
Amortization of Debt Discount |
| 15,743 |
| 6,622 |
| 22,365 |
| − |
| 22,365 |
Gain on Foregoveness of Debt |
| (48,287) |
| − |
| (48,287) |
| − |
| (48,287) |
Depreciation and Amortization |
| 3,370 |
| − |
| 3,370 |
| − |
| 3,370 |
Stock Based Compensation |
| − |
| 1,289 |
| 1,289 |
| − |
| 1,289 |
Changes in operating assets and liabilities: |
|
|
|
|
|
|
|
|
|
|
Inventory |
| (62,000) |
| − |
| (62,000) |
| − |
| (62,000) |
Lease security deposit and other current assets |
| (7,234) |
| − |
| (7,234) |
| − |
| (7,234) |
Accounts Payable and Accrues Liabilities |
| 39,892 |
| 1,216 |
| 41,108 |
| − |
| 41,108 |
NET CASH USED IN OPERATING ACTIVITIES |
| (253,924) |
| − |
| (253,924) |
| − |
| (253,924) |
INVESTING ACTIVITIES |
|
|
|
|
|
|
|
|
|
|
Purchase of property and equipment |
| (27,333) |
| − |
| (27,333) |
| − |
| (27,333) |
NET CASH USED IN INVESTING ACTIVITIES |
| (27,333) |
| − |
| (27,333) |
| − |
| (27,333) |
FINANCING ACTIVITIES |
|
|
|
|
|
|
|
|
|
|
Advances to Related Party |
| − |
| (62,000) |
| (62,000) |
| 62,000 |
| − |
Proceeds from Related Party |
| 62,000 |
| − |
| 62,000 |
| (62,000) |
| − |
Proceeds from Convertible Debt |
| 239,178 |
| 62,000 |
| 301,178 |
| − |
| 301,178 |
NET CASH PROVIDED BY FINANCING ACTIVITIES |
| 301,178 |
| − |
| 301,178 |
| − |
| 301,178 |
|
|
|
|
|
|
|
|
|
|
|
NET INCREASE (DECREASE) IN CASH |
| 19,921 |
| − |
| 19,921 |
| − |
| 19,921 |
Cash at Beginning of Period |
| − |
| − |
| − |
| − |
| − |
CASH AT END OF PERIOD |
| 19,921 |
| − |
| 19,921 |
| − |
| 19,921 |
|
|
|
|
|
|
|
|
|
|
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SUPPLEMENTAL CASH FLOW INFORMATION: |
|
|
|
|
|
|
|
|
|
|
Interest Paid |
| − |
| − |
| − |
| − |
| − |
Income Taxes Paid |
| − |
| − |
| − |
| − |
| − |
|
|
|
|
|
|
|
|
|
|
|
NON CASH FINANCING TRANSACTIONS: |
|
|
|
|
|
|
|
|
|
|
Issuance of shares to settle accrued expenses |
| − |
| − |
| − |
| − |
| − |
Issuance of convertible debt to settle accrued expenses |
| − |
| − |
| − |
| − |
| − |
Increase in additional paid-in capital due to forgiveness of loan payable to company president |
| 30,307 |
| − |
| 30,307 |
| − |
| 30,307 |
Discount on convertible promissory notes due to beneficial conversion feature |
| 239,178 |
| 62,000 |
| 301,178 |
| − |
| 301,178 |
3