See All of This Company's Exhibits
Proforma Balance Sheet
March 31, 2022
| Adjustments | ||||
| Colambda, Technologies, Inc. | Emissions Zero Module, LLC (Consolidated) | DR | CR | Pro Forma |
ASSETS |
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Current assets: |
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Cash | - | 784,016 | - | - | 784,016 |
Accounts receivable | - | 1,539,919 | - | - | 1,539,919 |
Due From NCRE | - | 73,106 | - | 73,106 | - |
Prepaid expenses | - | 27,000 | - | - | 27,000 |
Subscription Receivable | - | 15,000 | - | - | 15,000 |
Other Current Assets | - | 700 | - | - | 700 |
Right of Use Asset | - | 70,540 | - | - | 70,540 |
Total current assets | - | 2,510,280 |
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| 2,437,175 |
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Fixed Assets |
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Furniture and Equipment | - | 46,000 | - | - | 46,000 |
Total Fixed Assets | - | 46,000 | - | - | 46,000 |
Less Accumulated Depreciation | - | (7,400) | - | - | (7,400) |
Net Fixed Assets | - | 38,600 | - | - | 38,600 |
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Total assets | - | 2,548,880 | - | 73,106 | 2,475,775 |
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LIABILITIES |
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Current liabilities: |
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Accounts payable and accrued expenses | 14,784 | 2,605 | - | - | 17,389 |
Note Payable | 73,106 | - | 73,106 | - | - |
Advances From Stockholders | 184,227 | - | - | - | 184,227 |
Accrued Interest | 16,509 | - | - | - | 16,509 |
Convertible Notes Payable | 16,122 | - | - | - | 16,122 |
Acquisition Payable |
| 240,000 | - | - | 240,000 |
Notes payable | - | 1,215,000 | 1,215,000 | - | - |
Accrued interest | - | 96,159 | - | - | 96,159 |
Payroll Liabilities |
| 481,602 | - | - | 481,602 |
Total current liabilities | 304,748 | 2,035,366 | 1,288,106 | - | 1,052,008 |
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Long-term liabilities: |
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Acquisition Payable | - | 334,888 | - | - | 334,888 |
Long Term Lease Liability | - | 71,192 | - | - | 71,192 |
Total long-term liabilities | - | 406,081 | - | - | 406,081 |
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Total liabilities | 304,748 | 2,441,447 | 1,228,106 | - | 1,458,089 |
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STOCKHOLDERS' EQUITY |
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Common Stock | 12,482 | 167,158 | 56,462 | - | 123,178 |
Additional paid in capital | 1,760,158 | 513,499 | 794,706 | - | 1,478,951 |
Accumulated Deficit | (2,077,388) | (573,224) |
| 2,066,168 | (584,444) |
Total stockholders' equity/(deficit) | (304,748) | 107,433 | 851,168 | 2,066,168 | 1,017,685 |
Total liabilities and stockholders' equity | - | 2,548,880 | 2,139,274 | 2,139,274 | 2,475,775 |
Proforma Statement of Operations
March 31, 2022
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| Colambda Technologies |
| Emissions Zero Module (Consolidated) |
| Pro Forma |
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| Three Months |
| Three Months |
| Three Months |
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| March 31 |
| March 31 |
| March 31 |
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| 2022 |
| 2022 |
| 2022 |
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Sales | $ | - | $ | 3,802,402 | $ | 3,802,402 |
Cost of Sales |
| - |
| 3,433,382 |
| 3,433,382 |
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Gross profit |
| - |
| 369,020 |
| 369,020 |
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General and administrative expenses: |
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Salaries |
| - |
| 105,711 |
| 105,711 |
Depreciation and Amortization |
| - |
| 2,300 |
| 2,300 |
Legal and professional fees |
| 10,393 |
| 80,309 |
| 90,702 |
Marketing and Advertising |
| - |
| 3,464 |
| 3,464 |
Acquisition Expense |
| - |
| - |
| - |
Research and Development |
| - |
| 4,741 |
| 4,741 |
Taxes |
| - |
| 4,240 |
| 4,240 |
Other general and administrative |
| 429 |
| 193,912 |
| 194,341 |
Total operating expenses |
| 10,822 |
| 394,678 |
| 405,500 |
(Loss) from operations |
| (10,822) |
| (25,658) |
| (36,480) |
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Other income (expense): |
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Interest income |
| - |
| - |
| - |
Forgiven debt |
| - |
| - |
| - |
Interest (expense) |
| (398) |
| (35,507) |
| (35,905) |
(Loss) before taxes |
| (11,220) |
| (61,165) |
| (72,385) |
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Provision (credit) for taxes on income |
| - |
| - |
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Net (loss) | $ | (11,220) | $ | (61,165) | $ | (72,385) |
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Basic earnings (loss) per common share | $ | (0.00) | $ | - | $ | (0.00) |
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Weighted average number of shares outstanding |
| 123,176,724 |
| - |
| 123,176,724 |