Exhibit 99.2
Pro Forma Statement of Operations (Unaudited)- MSPC and Etelix
12 Months Ending December 31, 2016
| | MSPC | | Etelix | | Consolidated |
| | | | | | |
Revenue, net of discounts | | | 267,044 | | | | 4,067,807 | | | | 4,334,851 | |
Cost of revenue | | | 162,824 | | | | 3,484,471 | | | | 3,647,295 | |
Gross profit (loss) | | | 104,221 | | | | 583,336 | | | | 687,557 | |
| | | | | | | | | | | | |
Operating Expenses | | | | | | | | | | | | |
General and administrative expenses | | | 225,953 | | | | 532,296 | | | | 758,249 | |
Loss on write-down of real property advances | | | | | | | | | | | | |
Total operating expenses | | | 225,953 | | | | 532,296 | | | | 758,249 | |
| | | | | | | | | | | | |
Operating Income (Loss) | | | (121,732 | ) | | | 51,040 | | | | (70,692 | ) |
| | | | | | | | | | | | |
Other Income (expense) | | | | | | | | | | | | |
Interest expense | | | (326,475 | ) | | | (12,334 | ) | | | (338,809 | ) |
Gain (loss) on change in fair value of derivative | | | 1,329,880 | | | | | | | | 1,329,880 | |
Gain (loss) on extinguishment of debt | | | 97,377 | | | | | | | | 97,377 | |
Other Income | | | | | | | 17,338 | | | | | |
Federal Tax prior year | | | | | | | (4,686 | ) | | | | |
Total other income (expense) | | | 1,100,782 | | | | 318 | | | | 1,101,100 | |
| | | | | | | | | | | | |
Net Income before taxes | | | 979,050 | | | | 51,358 | | | | 1,030,408 | |
| | | | | | | | | | | | |
Income tax benefit | | | — | | | | 4,686 | | | | 4,686 | |
| | | | | | | | | | | | |
Net Income (Loss) | | | 979,050 | | | | 56,044 | | | | 1,035,094 | |
| | | | | | | | | | | | |
Preferred stock dividend | | | — | | | | | | | | | |
| | | | | | | | | | | | |
Net Profit (Loss) attributable to common stockholder | | | 979,050 | | | | 56,044 | | | | 1,035,094 | |
| | | | | | | | | | | | |
Other comprehensive income (loss) | | | | | | | | | | | | |
Foreign currency transaction adjustment | | | — | | | | | | | | — | |
| | | | | | | | | | | | |
Comprehensive Income | | | 979,050 | | | | 56,044 | | | | 1,035,094 | |
Pro Forma Balance Sheet (Unaudited) - MSPC and Etelix
12 Months Ending December 31, 2017
| | | | | | |
| | | MSPC | | | | Etelix | | | | Consolidated | |
Current Assets | | | | | | | | | | | | |
Cash and cash equivalents | | | 29,023 | | | | 17,885 | | | | 46,908 | |
Accounts receivable | | | 1,033 | | | | 2,909,771 | | | | 2,910,804 | |
Inventory | | | 11,223 | | | | | | | | 11,223 | |
Prepaid and other current assets | | | 82,897 | | | | 750,044 | | | | 832,941 | |
Total Current Assets | | | 124,176 | | | | 3,677,700 | | | | 3,801,876 | |
| | | | | | | | | | | | |
Advance payment for real property | | | 369,891 | | | | | | | | 369,891 | |
Investment in non-consolidated subsidiary | | | 159,910 | | | | | | | | 159,910 | |
Property and equipment, net | | | 4,456,832 | | | | 352,332 | | | | 4,809,164 | |
Goodwill | | | — | | | | | | | | 0 | |
| | | | | | | | | | | | |
TOTAL ASSETS | | | 5,110,809 | | | | 4,030,032 | | | | 9,140,841 | |
| | | | | | | | | | | | |
LIABILITIES AND STOCKHOLDERS' DEFICIT | | | | | | | | | | | | |
Current Liabilities | | | | | | | 2,727,348 | | | | 2,727,348 | |
Bank overdraft payable | | | 1.00 | | | | | | | | 1 | |
Accounts payable | | | 71,440 | | | | 415,596 | | | | 487,036 | |
Accrued expenses | | | 389,075 | | | | | | | | 389,075 | |
Accrued interest | | | 400,787 | | | | | | | | 400,787 | |
Sales deposit | | | 34,046 | | | | | | | | 34,046 | |
Long term debt related party | | | 1.00 | | | | | | | | 1 | |
Notes payable - related parties | | | 16,990 | | | | | | | | 16,990 | |
Current portion of convertible notes | | | | | | | | | | | 0 | |
payable, net of discount of $77,992 and | | | | | | | | | | | 0 | |
$12,365 | | | 90,032 | | | | | | | | 90,032 | |
Note payable | | | 10,000 | | | | | | | | 10,000 | |
Derivative liability | | | 10,574,802 | | | | | | | | 10,574,802 | |
Total Current Liabilities | | | 11,587,174 | | | | 3,142,944 | | | | 14,730,118 | |
| | | | | | | | | | | | |
Convertible notes payable, net discount of | | | | | | | | | | | | |
$100,406 and $0 | | | 51,276 | | | | | | | | 51,276 | |
TOTAL LIABILITIES | | | 11,638,450 | | | | 3,142,944 | | | | 14,781,394 | |
| | | | | | | | | | | | |
Stockholders' Deficit | | | | | | | | | | | | |
Preferred stock, $0.000001 par value, | | | | | | | | | | | 0 | |
8,000,000 shares authorized | | | 1.00 | | | | | | | | 1 | |
Series B Preferred Stock, $0.000001 par | | | | | | | | | | | 0 | |
value, 2,000,000 shares authorized, | | | | | | | | | | | 0 | |
1,200,000 shares issued | | | 1 | | | | | | | | 1 | |
Series C Preferred Stock, $0.000001 par | | | | | | | | | | | 0 | |
value, 100,000 shares authorized, 45,354 | | | | | | | | | | | 0 | |
shares issued | | | 0 | | | | | | | | 0 | |
Series D Preferred Stock, $0.000001 par | | | | | | | | | | | 0 | |
value, 400,000 shares authorized, 0 shares | | | | | | | | | | | 0 | |
issued | | | — | | | | | | | | 0 | |
Common Stock, $0.000001 par value, | | | | | | | 1,000 | | | | 1,000 | |
10,000,000,000 shares authorized | | | | | | | | | | | 0 | |
1,784,461,982 and 846,745 shares issued and | | | | | | | | | | | 0 | |
outstanding | | | 1,785 | | | | | | | | 1,785 | |
Additional paid in capital | | | 6,747,974 | | | | 747,515 | | | | 7,495,489 | |
Accumulated other comprehensive loss | | | 961,254 | | | | 56,044 | | | | 1,017,298 | |
Accumulated earnings (deficit) | | | (14,238,658 | ) | | | 82,529 | | | | (14,156,129 | ) |
Total Stockholders' Deficit | | | (6,527,643 | ) | | | 887,088 | | | | (5,640,555 | ) |
| | | | | | | | | | | | |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | | | 5,110,809.00 | | | | 4,030,032.00 | | | | 9,140,841 | |
Pro Forma Statement of Operations (Unaudited) - MSPC and Etelix
12 Months Ending December 31, 2017
| | MSPC | | Etelix | | Consolidated |
| | | | | | |
Revenue, net of discounts | | | 331,624 | | | | 7,802,340 | | | | 8,133,964 | |
Cost of revenue | | | 202,191 | | | | 6,990,026 | | | | 7,192,217 | |
Gross profit (loss) | | | 129,433 | | | | 812,314 | | | | 941,747 | |
| | | | | | | | | | | | |
Operating Expenses | | | | | | | | | | | | |
General and administrative expenses | | | 268,950 | | | | 700,267 | | | | 969,217 | |
Loss on write-down of real property advances | | | | | | | | | | | | |
Total operating expenses | | | 268,950 | | | | 700,267 | | | | 969,217 | |
| | | | | | | | | | | | |
Operating Income (Loss) | | | (139,517 | ) | | | 112,047 | | | | (27,470 | ) |
| | | | | | | | | | | | |
Other Income (expense) | | | | | | | | | | | | |
Interest expense | | | (217,650 | ) | | | (281,702 | ) | | | (499,352 | ) |
Gain (loss) on change in fair value of derivative | | | | | | | | | | | — | |
Gain (loss) on extinguishment of debt | | | 26,377 | | | | | | | | 26,377 | |
Gain (loss) on income tax prior year | | | | | | | (11,193 | ) | | | | |
Total other income (expense) | | | (191,273 | ) | | | (292,895 | ) | | | (484,168 | ) |
| | | | | | | | | | | | |
Net Income before taxes | | | (330,790 | ) | | | (180,848 | ) | | | (511,638 | ) |
| | | | | | | | | | | | |
Income tax benefit | | | — | | | | | | | | | |
| | | | | | | | | | | | |
Net Income (Loss) | | | (330,790 | ) | | | (180,848 | ) | | | (511,638 | ) |
| | | | | | | | | | | | |
Preferred stock dividend | | | | | | | — | | | | | |
| | | | | | | | | | | | |
Net Profit (Loss) attributable to common stockholder | | | (330,790 | ) | | | (180,848 | ) | | | (511,638 | ) |
| | | | | | | | | | | | |
Other comprehensive income (loss) | | | | | | | — | | | | | |
Foreign currency transaction adjustment | | | — | | | | | | | | — | |
| | | | | | | | | | | | |
Comprehensive Income | | | (330,790 | ) | | | (180,848 | ) | | | (511,638 | ) |
Pro Forma Balance Sheet (Unaudited) - MSPC and Etelix
9 Months Ending September 30, 2017
| | MSPC | | Etelix | | Consolidated |
| | | | | | |
ASSETS | | | | | | |
Current Assets | | | | | | | | | | | | |
Cash and cash equivalents | | | 13,652 | | | | 23,266 | | | | 36,918 | |
Accounts receivable | | | 3,341 | | | | 4,226,060 | | | | 4,229,401 | |
Due from related party | | | — | | | | | | | | — | |
Customers | | | | | | | 987,126 | | | | 987,126 | |
Marketable securities | | | — | | | | | | | | — | |
Inventory | | | 9,971 | | | | | | | | 9,971 | |
Prepaid and other current assets | | | 179,955 | | | | | | | | 179,955 | |
Total Current Assets | | | 206,919 | | | | 5,236,452 | | | | 5,443,371 | |
| | | | | | | | | | | | |
Advance payment for real property | | | | | | | | | | | | |
Investment in non-consolidated subsidiary | | | 159,910 | | | | | | | | 159,910 | |
Property and equipment, net | | | 4,380,940 | | | | 305,631 | | | | 4,686,571 | |
Goodwill | | | | | | | | | | | | |
| | | | | | | | | | | | |
TOTAL ASSETS | | | 4,587,859 | | | | 5,542,083 | | | | 10,129,942 | |
| | | | | | | | | | | | |
LIABILITIES AND STOCKHOLDERS' DEFICIT | | | | | | | | | | | | |
Current Liabilities | | | | | | | 4,133,186 | | | | | |
Bank overdraft payable | | | — | | | | — | | | | — | |
Accounts payable | | | 61,251 | | | | 212,958 | | | | 274,209 | |
Accrued expenses | | | 626,144 | | | | 170,905 | | | | 797,049 | |
Accrued interest | | | 75,869 | | | | | | | | 75,869 | |
Deferred revenue and customer deposits | | | — | | | | | | | | — | |
Due to related parties | | | — | | | | | | | | — | |
Sales deposit | | | 34,046 | | | | | | | | 34,046 | |
Long term debt related party | | | — | | | | | | | | — | |
Notes payable | | | 16,990 | | | | 318,794 | | | | 335,784 | |
Current portion of convertible notes payable, net of discount of $189,377 and $77,992 | | | 155,184 | | | | | | | | 155,184 | |
Convertible notes payable related party, net of discount of $0 and $5,921 | | | — | | | | | | | | — | |
Note payable | | | 10,000 | | | | | | | | 10,000 | |
Current portion of acquisition note, net of discount | | | — | | | | | | | | — | |
Derivative liability | | | 9,881,741 | | | | | | | | 9,881,741 | |
Total Current Liabilities | | | 10,861,225 | | | | 4,835,843 | | | | 15,697,068 | |
| | | | | | | | | | | | |
Due to related parties | | | | | | | | | | | | |
Capital lease obligations | | | | | | | | | | | | |
Acquisition note, net of discount | | | | | | | | | | | | |
Convertible notes payable, net discount of $0 and $100,406 | | | | | | | | | | | | |
TOTAL LIABILITIES | | | 10,861,225 | | | | 4,835,843 | | | | 15,697,068 | |
| | | | | | | | | | | | |
Stockholders' Deficit | | | | | | | | | | | | |
Preferred stock, $0.000001 par value, 8,000,000 shares authorized | | | — | | | | | | | | — | |
Series B Preferred Stock, $0.000001 par value, 2,000,000 shares authorized, 1,200,000 shares issued | | | 1 | | | | | | | | 1 | |
Series C Preferred Stock, $0.000001 par value, 100,000 shares authorized, 100,000 shares issued | | | 0 | | | | | | | | 0 | |
Series D Preferred Stock, $0.000001 par value | | | | | | | | | | | | |
Common Stock, $0.000001 par value, | | | 2,263 | | | | | | | | 2,263 | |
Additional paid in capital | | | 7,035,555 | | | | 747,515 | | | | 7,783,070 | |
Stock subscription | | | — | | | | 1,000 | | | | 1,000 | |
Accumulated other comprehensive loss | | | (205,388 | ) | | | | | | | (205,388 | ) |
Accumulated Retained earnings (deficit) | | | (13,105,798 | ) | | | (42,275 | ) | | | (13,148,073 | ) |
Total Stockholders' Deficit | | | (6,273,367 | ) | | | | | | | (6,273,367 | ) |
Net Income | | | (330,790 | ) | | | — | | | | (330,790 | ) |
| | | | | | | | | | | | |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | | | 4,587,859 | | | | 5,542,083 | | | | 10,129,942 | |