Exhibit 99.1
STRATEGIC GLOBAL INVESTMENTS, INC.
CONSOLIDATED BALANCE SHEET
| | December 31, | | December 31, |
| | 2016 | | 2015 |
| | | | |
ASSETS | | | | | | | | |
Current Assets: | | | | | | | | |
Cash and Cash Equivalents | | $ | 211 | | | $ | 386,765 | |
Total Current Assets | | | 211 | | | | 386,765 | |
| | | | | | | | |
PROPERTY AND EQUIPMENT, net | | | - | | | | 506,578 | |
Other Assets: | | | | | | | | |
Notes Receivable | | | - | | | | 525,600 | |
Investments-Stock Holdings | | | - | | | | 9,618 | |
Inventory | | | - | | | | 150,000 | |
Intangible Assets-Net of Amortization | | | - | | | | - | |
Escrow Payments | | | - | | | | 135,000 | |
Land | | | - | | | | 200,000 | |
Construction In Progress | | | - | | | | 256,006 | |
Total Other Assets | | | - | | | | 1,276,224 | |
| | | | | | | | |
TOTAL ASSETS | | $ | 211 | | | $ | 2,169,567 | |
| | | | | | | | |
LIABILITIES AND STOCKHOLDERS' EQUITY | | | | | | | | |
Accounts Payable | | $ | 500 | | | $ | 1,222 | |
Due to Related Party | | | - | | | | 441,422 | |
Total Current Liabilities | | | 500 | | | | 442,644 | |
| | | | | | | | |
COMMITMENTS AND CONTINGENCIES | | | | | | | | |
| | | | | | | | |
STOCKHOLDERS' EQUITY | | | | | | | | |
Preferred stock, $.001 par value;10,000,000 shares authorized, 2,140,000 | | | 2,101 | | | | 2,101 | |
and 2,140,000 outstanding at December 31, 2015 and December 31, 2014 | | | | | | | | |
Common stock, $.001 par value; 100,000,000,000 shares authorized 47,164,849 | | | | | | | | |
shares issued and outstanding at December 31, 2016 and 37,564,849 at December 31, 2015 | | | 47,164 | | | | 37,565 | |
Additional Paid in Capital | | | 6,364,408 | | | | 6,278,908 | |
Accumulated Deficit | | | (6,413,962 | ) | | | (4,591,651 | ) |
TOTAL STOCKHOLDERS' EQUITY | | | (289 | ) | | | 1,726,923 | |
TOTAL LIABILITIES & STOCKHOLDERS EQUITY | | $ | 211 | | | $ | 2,169,567 | |
STRATEGIC GLOBAL INVESTMENTS, INC.
STATEMENT OF OPERATIONS
| | December 31, | | December 31, |
| | 2016 | | 2015 |
Revenue | | $ | - | | | $ | - | |
Cost of Sales | | | - | | | | 19,000 | |
Gross Profit | | | - | | | | (19,000 | ) |
| | | | | | | | |
Selling, General and Administrative Expenses | | | 380,178 | | | | 1,115,413 | |
Loss from Operations | | | (380,178 | ) | | | (1,134,413 | ) |
| | | | | | | | |
Other Income (Expense) | | | | | | | | |
Discontinued Operations | | | (415,624 | ) | | | - | |
Impairment of Assets | | | (1,026,509 | ) | | | - | |
Interest Expense | | | - | | | | (36,940 | ) |
Interest Income | | | - | | | | 12,476 | |
Total Other Income (Expense) | | | (1,442,133 | ) | | | (24,464 | ) |
| | | | | | | | |
Loss Before Income Taxes | | | (1,822,311 | ) | | | (1,158,877 | ) |
| | | | | | | | |
Income Tax Benefit | | | - | | | | - | |
| | | | | | | | |
Net Loss | | | (1,822,311 | ) | | | (1,158,877 | ) |
| | | | | | | | |
| | | | | | | | |
Loss Per Share-Basic and Diluted | | $ | (0.14 | ) | | $ | (0.01 | ) |
| | | | | | | | |
Weighted Average Common Shares | | | | | | | | |
Outstanding -Basic and Diluted | | | 12,664,755 | | | | 102,161,494 | |
STRATEGIC GLOBAL INVESTMENTS, INC.
CONSOLIDATED STATEMENT OF CASH FLOWS
| | December 31, 2015 | | December 31, 2015 |
| | | | |
CASH FLOWS FROM OPERATING ACTIVITIES: | | | | | | | | |
| | | | | | | | |
Net loss | | $ | (1,822,311 | ) | | $ | (1,158,877 | ) |
Adjustments to reconcile net loss to net cash used in operating activities: | | | | | | | | |
Stock issued for assets | | | - | | | | 135,147 | |
Stock issued to consultants and employees | | | 95,099 | | | | 73,500 | |
Impairment of Assets | | | 1,026,509 | | | | | |
Discontinued Operations | | | 415,624 | | | | | |
Depreciation | | | | | | | 45,000 | |
Changes in operating assets and liabilities: | | | | | | | | |
Decrease (Increase) in assets: | | | | | | | | |
Inventory | | | (150,000 | ) | | | (150,000 | ) |
Increase (Decrease) in liabilities: | | | | | | | | |
Accounts payable and accrued expenses | | | (722 | ) | | | (16,307 | ) |
Sales of property net of notes payable | | | - | | | | - | |
Net Cash Used In Operating Activities | | | (435,801 | ) | | | (1,071,537 | ) |
Cash Flows from Investing Activities | | | | | | | | |
Investment in subsidiary | | | - | | | | - | |
Fixed Assets Purchased | | | - | | | | (63,025 | ) |
Net Cash( Used In) Provided by Investing Activities | | | - | | | | (63,025 | ) |
Cash Flows from Financing Activities | | | | | | | | |
Procceds from issuance of stock | | | | | | | - | |
Due to related party | | | (441,422 | ) | | | 192,017 | |
Conversion of Notes Proceeds | | | - | | | | - | |
Escrow payments | | | - | | | | (135,000 | ) |
Notes receivable paid | | | - | | | | 754,820 | |
Proceeds from notes receivable paid | | | 490,669 | | | | 600,000 | |
Net Cash Provided by (Used In) Financing Activities | | | 49,247 | | | | 1,411,837 | |
| | | | | | | | |
NET DECREASE IN CASH AND CASH EQUIVALENTS | | | (386,554 | ) | | | 277,275 | |
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | | | 386,765 | | | | 109,490 | |
CASH AND CASH EQUIVALENTS, END OF PERIOD | | $ | 211 | | | $ | 386,765 | |
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION: | | | | | | | | |
SUPPLEMENTAL DISCLOSURE OF NONCASH ACTIVITIES: | | | | | | | | |
Interest paid during the period | | $ | - | | | $ | 36,940 | |
Income taxes paid during the period | | $ | - | | | $ | - | |
STRATEGIC GLOBAL INVESTMENTS, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
| | Preferred Stock | | Common Stock | | Total Stockholders’ Additional Paid | | Accumulated | | (Deficiency) |
| | Shares | | Amount | | Shares | | Amount | | in Capital | | Deficit | | Equity |
Balance -December 31, 2014 | | | 2,100,000 | | | $ | 2,101 | | | | 3,980,038 | | | $ | 3,980 | | | $ | 5,469,379 | | | $ | (3,432,774 | ) | | $ | 2,042,686 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Shares issued for payment of notes payable | | | | | | | | | | | 20,000,000 | | | | 20,000 | | | | 580,000 | | | | | | | | 600,000 | |
Shares issued in exchange for note | | | | | | | | | | | 300,000 | | | | 300 | | | | (300 | ) | | | | | | | - | |
Issuance of common stock for cash proceeds-net of costs | | | | | | | | | | | 4,900,000 | | | | 4,900 | | | | 68,600 | | | | | | | | 73,500 | |
Stock issued for services to consultants and employees | | | | | | | | | | | 3,133,333 | | | | 3,133 | | | | 31,333 | | | | | | | | 34,467 | |
Shares issued in exchange for assets | | | | | | | | | | | 5,251,478 | | | | 5,251 | | | | 129,896 | | | | | | | | 135,147 | |
Net Loss | | | | | | | | | | | | | | | | | | | | | | | (1,158,877 | ) | | | (1,158,877 | ) |
Balance - December 31, 2015 | | | 2,100,000 | | | $ | 2,101 | | | | 37,564,849 | | | $ | 37,565 | | | $ | 6,278,908 | | | $ | (4,591,651 | ) | | $ | 1,726,922 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Shares issued in exchange for services to consultants | | | | | | | | | | | 9,500,000 | | | | 9,599 | | | | 85,500 | | | | | | | | 95,099 | |
Net Loss | | | | | | | | | | | | | | | | | | | | | | | (1,822,311 | ) | | | (1,822,311 | ) |
Balance - December 31, 2015 | | | 2,100,000 | | | $ | 2,101 | | | | 47,064,849 | | | $ | 47,164 | | | $ | 6,364,408 | | | $ | (6,413,962 | ) | | $ | (290 | ) |