EX1A-15 ADD EXHB 5 dgdm_ex161.htm dgdm_ex161.htm

EXHIBIT 16.1

 

PRO FORMA CAPITALIZATION TABLE

 

The table below sets forth the Company’s capitalization as of June 30, 2020, on an actual, unaudited basis. In addition, the table below sets forth the Company’s capitalization as of June 30, 2020, as adjusted to give effect to the sale of: (i) 25% of the Offered Shares at an offering price of $0.04 per share, net of offering expenses; (ii) 50% of the Offered Shares at an offering price of $0.04 per share, net of offering expenses; (iii) 75% of the Offered Shares at an offering price of $0.04 per share, net of offering expenses; and (iv) 100% the Offered Shares at an offering price of $0.04 per share, net of offering expenses.

 

You should read this table in conjunction with the Company’s financial statements and notes which are included in the Offering Circular included in the Post-Qualification Amendment No. 1 to the Offering Statement on Form 1-A (the “Offering Statement”) of which this Exhibit 16.1 forms a part.

 

 

 

 

As of 6/30/20 (unaudited)

 

 

 

As of 6/30/20

(unaudited)

 

 

As Adjusted

 

 

 

Actual

 

 

25% of

Offered Shares

 

 

50% of

Offered Shares

 

 

75% of

Offered Shares

 

 

100% of

Offered Shares

 

Cash and cash equivalents

 

 $ 27,254

 

 

 $ 719,754

 

 

 $ 1,419,754

 

 

 $ 2,119,754

 

 

 $ 2,819,754

 

Convertible Loans

 

 $ 50,000

 

 

 $ 50,000

 

 

 $ 50,000

 

 

 $ 50,000

 

 

 $ 50,000

 

Long-term debt

 

 $ ---

 

 

 $ ---

 

 

 $ ---

 

 

 $ ---

 

 

 $ ---

 

Common stock, 225,000,000 shares authorized; 150,225,000, 167,725,000(a), 185,225,000(b), 202,725,000(c) and 220,225,000(d) shares issued and outstanding, respectively

 

 $ 150,225

 

 

 $ 167,725

 

 

 $ 185,225

 

 

 $ 202,725

 

 

 $ 220,225

 

Additional paid-in capital

 

 

 8,714,623

 

 

 

 9,389,623

 

 

 

 10,072,123

 

 

 

 10,754,623

 

 

 

 11,437,123

 

Stockholder receivable

 

 

 (1,000 )

 

 

 (1,000 )

 

 

 (1,000 )

 

 

 (1,000 )

 

 

 (1,000 )

Accumulated deficit

 

 

 (8,820,861 )

 

 

 (8,820,861 )

 

 

 (8,820,861 )

 

 

 (8,820,861 )

 

 

 (8,820,861 )

Total stockholders’ equity (deficit)

 

 

 42,987

 

 

 

 735,487

 

 

 

 1,435,487

 

 

 

 2,135,487

 

 

 

 2,835,487

 

Total capitalization

 

 $ 42,987

 

 

 $ 735,487

 

 

 $ 1,435,487

 

 

 $ 2,135,487

 

 

 $ 2,835,487

 

 

(a)

This number of issued shares does not include a total of 33,209,550 shares underlying Convertible Loans, the convertible portions of which may be converted within 60 days of the date of the Offering Statement.

(b)

This number of issued shares does not include a total of 36,674,550 shares underlying Convertible Loans, the convertible portions of which may be converted within 60 days of the date of the Offering Statement.

(c)

This number of issued shares does not include a total of 40,139,550 shares underlying Convertible Loans, the convertible portions of which may be converted within 60 days of the date of the Offering Statement.

(d)

This number of issued shares does not include a total of 43,604,550 shares underlying Convertible Loans, the convertible portions of which may be converted within 60 days of the date of the Offering Statement.