Altitude International (ALTD) 8-K/A Financial Statements and Exhibits

Exhibit 99.1

SCHEDULE OF ACQUISITION PRO-FORMA INFORMATION

ALTITUDE INTERNATIONAL HOLDINGS, INC. and BREUNICH HOLDINGS, INC.

Unaudited Proforma Consolidated Balance Sheets

June 30, 2021

	ALTD			BHI			Adjustments			Consolidated
ASSETS
Current assets
Cash	$	4,122		$	655,784		$	-		$	659,906
Accounts receivable		-			443,076			-			443,076
Inventory		-			187,031			-			187,031
Due from related party		-			212,380			-			212,380
Prepaid expense		39,208			122,187			-			161,395
Total current assets		43,330			1,620,458			-			1,663,788
Fixed assets, net		-			266,976			-			266,976
Other assets - long-term		-			1,816			-			1,816
Goodwill		-			-			98,779,773	(b)		98,779,773
Notes receivable, non-current		-			37,467			-			37,467
Total assets	$	43,330		$	1,926,717		$	98,779,773		$	100,749,820
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current liabilities
Notes payable	$	20,800		$	-		$	-		$	20,800
Accounts payable and accrued expenses		55,008			509,124			-			564,132
Due to Breunich Holding Inc.		193,328			-			(193,328	)(a)		-
Stockholders’ advance		36,211			-			-			36,211
Deferred revenue		126,037			814,918			-			940,955
Total current liabilities		431,384			1,324,042			(193,328	)		1,562,098
Notes payable, non-current		-			1,530,444			-			1,530,444
Total liabilities		431,384			2,854,486			(193,328	)		3,092,542
Commitments and contingencies		-			-			-			-
Stockholders’ equity (deficit)
Preferred stock		-			-			-			-
Common stock		6,175,574			5,643			29,599	(a)		6,210,816
Additional paid in capital		(175,279	)		2,140,857			163,729	(a)		100,909,080
								98,779,773	(b)
Accumulated deficit		(6,388,349	)		(3,074,269	)		-			(9,462,618	)
Total stockholders’ equity (deficit)		(388,054	)		(927,769	)		98,973,101			97,657,278
Total liabilities and stockholders’ equity (deficit)	$	43,330		$	1,926,717		$	98,779,773		$	100,749,820

(a)	To reflect the issuance of 295,986,724 shares of Altitude Holdings, Inc.’s common stock pursuant to the Exchange Ratio in the merger agreement.
(b)	To reflect the goodwill related to the acquisition.

ALTITUDE INTERNATIONAL HOLDINGS, INC.

Unaudited Proforma Statement of Operations

For the Six Months ended June 30, 2021

(unaudited)

	ALTD			BHI			Adjustments		Consolidated
Revenue	$	-		$	3,575,981		$	-	$	3,575,981
Operating expenses
Direct costs of revenue		-			697,569			-		697,569
Professional fees		107,567			183,210			-		290,777
Salary expenses		65,435			1,323,500			-		1,388,935
Stock-based compensation		2,978,108			-			-		2,978,108
Impairment expense		-			960,000			-		960,000
Travel and entertainment		-			33,622			-		33,622
Depreciation and amortization		-			21,085			-		21,085
General and administrative - expense - related party		-			3,500			-		3,500
Other general and administrative expenses		60,444			1,335,118			-		1,395,562
Total operating expenses		3,211,554			4,557,604			-		7,769,158
Loss from operations		(3,211,554	)		(981,623	)		-		(4,193,177	)
Other income (expenses)
Gain on settlement of debt		41,254			-			-		41,254
Interest expense		(3,991	)		(17,865	)		-		(21,856	)
Total other income (expenses)		37,263			(17,865	)		-		19,398
Net loss	$	(3,174,291	)	$	(999,488	)	$	-	$	(4,173,779	)
Earnings per share - basic and fully diluted	$	(0.06	)						$	(0.07	)
Weighted average number of shares of common stock - basic and fully diluted		56,940,822								56,940,822

SCHEDULE OF ACQUISITION PRO-FORMA INFORMATION

ALTITUDE INTERNATIONAL HOLDINGS, INC. and BREUNICH HOLDINGS, INC.

Unaudited Proforma Consolidated Balance Sheets

December 31, 2020

	ALTD			BHI			Adjustments			Consolidated
ASSETS
Current assets
Cash	$	485		$	133,518		$	-		$	134,003
Accounts receivable		-			269,962			-			269,962
Inventory		-			50,536			-			50,536
Prepaid expense		3,000			199,003			-			202,003
Total current assets		3,485			653,019			-			656,504
Fixed assets, net		-			286,099			-			286,099
Goodwill		-			-			98,779,773	(b)		98,779,773
Total assets	$	3,485		$	939,118		$	98,779,773		$	99,722,376
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current liabilities
Notes payable - related party	$	69,200		$	-		$	-		$	69,200
Notes payable		20,800			913,768			-			934,568
Accounts payable and accrued expenses		62,053			400,328			-			462,381
Accounts payable and accrued expenses - related party		113,422			-			-			113,422
Payroll taxes payable		-			4,327			-			4,327
Stockholders’ advance		36,211			-			-			36,211
PPP loan		-			30,595			-			30,595
Deferred revenue		-			1,378,502			-			1,378,502
Total current liabilities		301,686			2,727,520			-			3,029,206
SBA Loans		-			263,300			-			263,300
Total liabilities		301,686			2,990,820			-			3,292,506
Commitments and contingencies		-			-			-			-
Stockholders’ equity (deficit)
Preferred stock		-			-			-			-
Common stock		3,091,136			-			29,599	(a)		3,120,735
Additional paid in capital		(175,279	)		100			(2,055,396	)(a)		96,549,198
								98,779,773	(b)
Members’ deficit		-			(1,981,343	)		1,981,343	(a)		-
Non-controlling member’s deficit		-			(44,454	)		44,454	(a)		-
Accumulated deficit		(3,214,058	)		(26,005	)					(3,240,063	)
Total stockholders’ equity (deficit)		(298,201	)		(2,051,702	)		98,779,773			96,429,870
Total liabilities and stockholders’ equity (deficit)	$	3,485		$	939,118		$	98,779,773		$	99,722,376

(a)	To reflect the issuance of 295,986,724 shares of Altitude Holdings, Inc.’s common stock pursuant to the Exchange Ratio in the merger agreement.
(b)	To reflect the goodwill related to the acquisition.

ALTITUDE INTERNATIONAL HOLDINGS, INC.

Unaudited Proforma Statement of Operations

For the Year ended December 31, 2020

(unaudited)

	ALTD			BHI			Adjustments		Consolidated
Revenue	$	1,186		$	5,524,410		$	-	$	5,525,596
Operating expenses
Direct costs of revenue		-			874,348			-		874,348
Professional fees		52,833			106,639			-		159,472
Salary expenses		125,000			2,822,040			-		2,947,040
Stock-based compensation		13,168			-			-		13,168
Impairment expense		10,141			378,433			-		388,574
Travel and entertainment		-			260,679			-		260,679
Depreciation and amortization		-			51,189			-		51,189
Other general and administrative expenses		74,502			1,618,101			-		1,692,603
Total operating expenses		275,644			6,111,429			-		6,387,073
Loss from operations		(274,458	)		(587,019	)		-		(861,477	)
Other income (expenses)
Loss on conversion of debt to common stock		(39,734	)		-			-		(39,734	)
Other income		-			507,207			-		507,207
Interest expense		(14,355	)		(45,486	)		-		(59,841	)
Total other income (expenses)		(54,089	)		461,721			-		407,632
Net loss		(328,547	)		(125,298	)		-		(453,845	)
Net loss attributable to noncontrolling interests		-			(20,011	)		-		-
Net loss	$	(328,547	)	$	(105,287	)	$	-	$	(453,845	)
Earnings per share - basic and fully diluted	$	(0.01	)						$	(0.01	)
Weighted average number of shares of common stock - basic and fully diluted		45,323,448								45,323,448