Ideanomics (IDEX) 8-K Entry into a Material Definitive Agreement

UNAUDITED PRO FORMA FINANCIAL INFORMATION

Subsequent to the Share Exchange, Alpha Nutra, Inc. changed its name to China Broadband, Inc. As the name change went into effect on May 4, 2007, references in these financial statements are to “Alpha Nutra, Inc.”

The following unaudited pro forma combined balance sheet as of December 31, 2006 combines the audited historical balance sheet of Alpha Nutra, Inc. as of December 31, 2006, the audited historical balance sheet of China Broadband Ltd., a recently acquired Cayman Islands company, as of December 31, 2006 and Jinan Guangdian Jia He Broadband Company, Ltd. a recently acquired Republic of China company as of December 31, 2006. The following unaudited pro forma combined balance sheet as of December 31, 2005 includes only the audited historical balance sheet of Alpha Nutra, Inc. as of December 31, 2005 and Jinan Guangdian Jia He Broadband Company, Ltd., as China Broadband Ltd., was formed during the year ended December 31, 2006. The following unaudited pro forma combined statement of operations for the year ended December 31, 2006 combines the audited historical statement of operations of Alpha Nutra, Inc. for the year ended December 31, 2006, the audited historical consolidated statement of operations of China Broadband Ltd. for the year ended December 31, 2006 and Jinan Guangdian Jia He Broadband Company, Ltd., for the year ended December 31, 2006, giving effect to the merger as if it had been consummated at the beginning of the period presented. The following unaudited pro forma combined statement of operations for the year ended December 31, 2005 includes only the audited historical statement of operations of Alpha Nutra, Inc. and Jinan Guangdian Jia He Broadband Company, Ltd., for the year ended December 31, 2006, as China Broadband Ltd. was formed during the year ended December 31, 2006.

The unaudited pro forma combined financial information should be read in conjunction with the audited historical financial statements and related notes of Alpha Nutra, Inc. which are incorporated by reference into this 8-K and the audited historical financial statements and related notes of China Broadband Ltd. and Jinan Guangdian Jia He Broadband Company, Ltd. which are included as an exhibit in this 8-K .

The unaudited pro forma combined financial information excludes costs associated with the integration and consolidation of the companies.

This unaudited pro forma combined financial information is not necessarily indicative of the operating results and financial position that might have been achieved had the merger occurred as of the beginning of the earliest period presented, nor are they necessarily indicative of operating results and financial position which may occur in the future.

UNAUDITED PRO FORMA COMBINED BALANCE SHEETS

December 31, 2006

				China			Jinan
	Alpha Nutra			Broadband			Broadband
	December 31,			December 31,			December 31,						Pro Forma
	2006			2006			2006			Adjustments			Combined
ASSETS
Current assets:
Cash	$	-		$	53,170		$	21,625					$	74,795
Escrow cash		-			50,000			-						50,000
Accounts receivable, net		-			-			-						-
Inventories		-			-			1,569,904						1,569,904
Prepaid expenses and other current assets		-			-			106,829						106,829
Total current assets		-			103,170			1,698,358			-			1,801,528
Property and equipment, net		-			-			10,014,215						10,014,215
Issuance costs associated with private placement offering		-			103,653			-						103,653
Other assets		-			-			-						-
	$	-		$	206,823		$	11,712,573		$	-		$	11,919,396
LIABILITIES AND STOCKHOLDER'S EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	-		$	6,762		$	2,105,747					$	2,112,509
Taxes payable								25,767						25,767
Advance Payments								1,007,807						1,007,807
Amount due to related company								13,677,237						13,677,237
Convertible notes payable		-			325,000			-						325,000
Total current liabilities		-			331,762			16,816,558			-			17,148,320
Convertible notes payable		-			-			-						-
Other liabilities		-			-			-						-
Total liabilities		-			331,762			16,816,558			-			17,148,320
Minority interest payable (receivable)		-			-			-			(2,269,619	)		(2,269,619	)
Stockholder's equity:
Common stock		535			50,000			-						50,535
Additional paid-in capital		6,705,918			-			-						6,705,918
Retained Earnings (Accumulated Deficit)		(6,706,453	)		(174,939	)		(4,995,862	)		2,269,619			(9,607,635	)
Note receivable from stockholders														-
Accumulated other comprehensive income					-			(108,123	)					(108,123	)
Total stockholder's equity		-			(124,939	)		(5,103,985	)		2,269,619			(2,959,305	)
	$	-		$	206,823		$	11,712,573		$	-		$	11,919,396

UNAUDITED PRO FORMA COMBINED STATEMENTS OF OPERATIONS

For Year Ended December 31, 2006

			China			Jinan
	Alpha Nutra		Broadband			Broadband
	Twelve		Twelve			Twelve
	Months Ended		Months Ended			Months Ended
	December 31, 2006		December 31, 2006			December 31, 2006					Pro Forma
	Historical		Historical			Historical			Adjustments		Combined
Sales	$	-	$	-		$	2,899,451		$	-	$	2,899,451
Cost of Sales		-		-			1,187,734			-		1,187,734
Gross Margin		-		-			1,711,717			-		1,711,717
Operating expenses:
Formation costs		-		168,177			-			-		168,177
Selling, general and administrative		-		-			233,233			-		233,233
		-		-			-			-		-
Earnings before interest, depreciation and amortization		-		(168,177	)		1,478,484			-		1,310,307
Depreciation and amortization and impairment		-		-			6,110,360			-		6,110,360
Income (loss) from operations		-		(168,177	)		(4,631,876	)		-		(4,800,053	)
Interest and other income (expense), net		-		(6,762	)		-			-		(6,762	)
Income (loss) before income tax provision		-		(174,939	)		(4,631,876	)		-		(4,806,815	)
Income tax provision		-		-			-			-		-
Income Loss before minority interest		-		(174,939	)		(4,631,876	)		-		(4,806,815	)
Minority Interest		-		-			-			2,269,619		2,269,619
Net income (loss)	$	-	$	(174,939	)	$	(4,631,876	)	$	2,269,619	$	(2,537,196	)
Earnings (loss) per share:
Primary	$	-									$	(4.75	)
Fully diluted	$	-									$	(4.75	)
Weighted average number of common and common
equivalent shares outstanding:
Primary		534,494										534,494
Fully diluted		534,494										534,494

UNAUDITED PRO FORMA COMBINED BALANCE SHEETS

December 31, 2005

				China		Jinan
	Alpha Nutra			Broadband		Broadband
	December 31,			December 31,		December 31,						Pro Forma
	2005			2005		2005			Adjustments			Combined
ASSETS
Current assets:
Cash	$	-		$	-	$	42,723					$	42,723
Escrow cash		-			-		-						-
Accounts receivable, net		-			-		-						-
Inventories		-			-		1,848,073						1,848,073
Prepaid expenses and other current assets		-			-		195,804						195,804
Total current assets		-			-		2,086,600			-			2,086,600
Property and equipment, net		-			-		9,940,023						9,940,023
Construction-in-progress		-			-		3,119,995						3,119,995
Other assets		-			-		-						-
	$	-		$	-	$	15,146,618		$	-		$	15,146,618
LIABILITIES AND STOCKHOLDER'S EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	-		$	-	$	3,012,943					$	3,012,943
Taxes payable							14,686						14,686
Advance Payments							973,173						973,173
Amount due to related company							11,514,136						11,514,136
Convertible notes payable		-			-		-						-
Total current liabilities		-			-		15,514,938			-			15,514,938
Convertible notes payable		-			-		-						-
Other liabilities		-			-		-						-
Total liabilities		-			-		15,514,938			-			15,514,938
Minority interest payable (receivable)		-			-		-			(178,353	)		(178,353	)
Stockholder's equity:
Common stock		535			-		-						535
Additional paid-in capital		6,705,918			-		-						6,705,918
Retained Earnings (Accumulated Deficit)		(6,706,453	)		-		(363,986	)		178,353			(6,892,086	)
Note receivable from stockholders													-
Accumulated other comprehensive income					-		(4,334	)					(4,334	)
Total stockholder's equity		-			-		(368,320	)		178,353			(189,967	)
	$	-		$	-	$	15,146,618		$	-		$	15,146,618

UNAUDITED PRO FORMA COMBINED STATEMENTS OF OPERATIONS

For Year Ended December 31, 2005

				China		Jinan
	Alpha Nutra			Broadband		Broadband
	Twelve			Twelve		Twelve
	Months Ended			Months Ended		Months Ended
	December 31, 2005			December 31, 2005		December 31, 2005					Pro Forma
	Historical			Historical		Historical			Adjustments		Combined
Sales	$	-		$	-	$	2,821,667		$	-	$	2,821,667
Cost of Sales		-			-		1,445,898			-		1,445,898
Gross Margin		-			-		1,375,769			-		1,375,769
Operating expenses:
Formation costs		-			-		-			-		-
Selling, general and administrative		500,000			-		273,323			-		773,323
		-			-		-			-		-
Earnings before interest, depreciation and amortization		(500,000	)		-		1,102,446			-		602,446
Depreciation and amortization and impairment		-			-		1,466,432			-		1,466,432
Income (loss) from operations		(500,000	)		-		(363,986	)		-		(863,986	)
Interest and other income (expense), net		-			-		-			-		-
Income (loss) from continuing operations before Min Int		(500,000	)		-		(363,986	)		-		(863,986	)
Minority Interest		-			-		-			178,353		178,353
Income (loss) from continuing operations		(500,000	)		-		(363,986	)		178,353		(685,633	)
Discontinued operations, net of tax
Loss from discontinued operations, net of tax ($0)		(474,306	)		-		-			-		(474,306	)
Loss from discontinued operations		(474,306	)		-		-			-		(474,306	)
Net income (loss)	$	(974,306	)	$	-	$	(363,986	)	$	178,353	$	(1,159,939	)
Earnings (loss) per share:
Continuing Operations	$	(0.10	)								$	(0.17	)
Fully diluted	$	(0.09	)								$	(0.09	)
Weighted average number of common and common
equivalent shares outstanding:
Basic & Diluted		5,232,046										5,232,046