EX-99.2 11 f8k123112ex99ii_one2one.htm UNAUDITED PRO FORMA COMBINED FINANCIAL INFORMATION OF ONE2ONE LIVING CORPORATION AND ITS WHOLLY OWNED SUBSIDIARY, ONE2ONE LIVING CORPORATION, A FLORIDA CORPORATION f8k123112ex99ii_one2one.htm
Exhibit 99.2
 
ONE2ONE LIVING CORPORATION
(Formerly Jinmimi Network Inc.)
UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEETS
AS OF SEPTEMBERE 30, 2012
 
   
One2One
(Pub-co)
    
One2One (Private)
    
Adjustments
    
Pro-Forma Combined
  
   
(Unaudited)
    
(Unaudited)
    
(Unaudited)
    
(Unaudited)
  
Assets
                        
 Current Assets
                        
   Cash
   $ 39,204     $ 2,934     $ -     $ 42,138  
    Subscriptions receivables
     2,000       -       -       2,000  
    Promissory note and accrued interest
     395,968       3,000       (380,406 )     18,562  
Total Current Assets
     437,172       5,934       (380,406 )     62,700  
  Web development costs
             243,611       -       243,611  
                                 
Total Assets
   $ 437,172     $ 249.545     $ (380,406 )   $ 306,311  
                                 
Liabilities and Stockholders’ Equity (Deficit)
                                
 Current Liabilities
                                
   Accounts payable and accrued liabilities
     7,067       10,375       (5,406 )     12,036  
   Promissory note
     -       525,000       (375,000 )     150,000  
   Due to related party
     33,362       -       -       33,362  
   Corporate Credit Card
     -       21,559       -       21,559  
                                 
Total Current Liabilities
     40,429       556,934       (380,406 )     216,957  
                                 
Stockholders’ Equity (Deficit)
                                
   Preferred stock
     0       -       -       -  
                                 
   Common stock
     8,765       -       -       8,765  
                                 
    Additional paid-in-capital
     930,778       -       -       930,778  
    Shares subscribed
     260,000       96,306       -       356,306  
  Deficit accumulated during the Development stage
     (806,365 )     (403,695 )     -       (1,210,060 )
    Accumulated other comprehensive income
     3,565       -       -       3,565  
                                 
Total Stockholders’ Equity(Deficit)
     396,743       (307,389 )     -       89,354  
                                 
Total Liabilities and Stockholders’ Equity (Deficit)
   $ 437,172     $ 249,545     $ (380,406 )   $ 306,311  
 
 
 
 
 
ONE2ONE LIVING CORPORATION
(Formerly Jinmimi Network Inc.)
UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEETS
AS OF DECEMBER 31, 2011
 
   
One2One
(Pub-co)
    
One2One (Private)
    
Adjustments
    
Pro-Forma Combined
  
   
(Audited)
    
(Audited)
    
(Unaudited)
    
(Unaudited)
  
Assets
                        
 Current Assets
                        
   Cash
   $ 163     $ 40,412       -     $ 40,575  
    Subscriptions receivables
     2,000       -       -       2,000  
    Prepaid expenses
     14,352       -       -       14,352  
Total Current Assets
     16,515       40,412       -       56,927  
  Web development costs
             55,812       -       55,812  
                                 
Total Assets
   $ 16,515     $ 96,224       -     $ 12,739  
                                 
Liabilities and Stockholders’ Equity (Deficit)
                                
 Current Liabilities
                                
   Accounts payable and accrued liabilities
     8,000       2,326       -       10,326  
   Promissory note
     -       135,000       -       135,000  
   Due to related party
     29,500       -       -       29,500  
                                 
Total Current Liabilities
     37,500       137,326       -       174,826  
                                 
Stockholders’ Equity (Deficit)
                                
   Preferred stock
     0       -       -       -  
                                 
   Common stock
     8,715       -       -       8,715  
                                 
    Additional paid-in-capital
     680,828       -       -       680,828  
    Shares subscribed
     -       71,306       -       71,306  
    Deficit accumulated during the Development stage
     (714,093 )     (112,408 )     -       (826,501 )
    Accumulated other comprehensive income
     3,565       -       -       3,565  
                                 
Total Stockholders’ Equity(Deficit)
     (20,985 )     (41,102 )     -       (62,087 )
                                 
Total Liabilities and Stockholders’ Equity (Deficit)
   $ 16,515     $ 96,224       -     $ 112,739  
 
 
2
 

ONE2ONE LIVING CORPORATION
(Formerly Jinmimi Network Inc.)
UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENTS OF OPERATIONS
NINE MONTH INTERIM PERIOD ENDED SEPTEMBER 30, 2012
 
   
One2One
(Pub-co)
    
One2One (Private)
    
Adjustments
    
Pro-Forma Combined
  
   
(Unaudited)
    
(Unaudited)
    
(Unaudited)
    
(Unaudited)
  
Revenues
                        
 Net revenues
   $ -     $ -     $ -     $ -  
   Cost of net revenues
     -       -       -       -  
                                 
Gross Profit
   $ -     $ -     $ -     $ -  
                                 
Operating Expenses
                                
  General and administration
     42,388       41,512       -       83,900  
  Consulting fees
     -       107,455       -       107,455  
  Web development expenses
     -       32,234       -       32,234  
  Marketing expense
     41,000       79,355       -       120,355  
  Professional fees
     -       5,883       -       5,883  
Total Operating Loss
   $ (83,388 )   $ (266,439 )   $ -     $ (349,827 )
                                 
Other Income (Loss)
                                
  Other expense
     (14,352 )     -       -       (14,352 )
  Other income
     -       392       -       392  
  Interest expense
     -       (25,240 )     5,406       (19,834 )
  Interest income
     5,468       -       (5,406 )     62  
Total Other Income (Expense)
     (8,884 )     (24,848 )     -       (33,732 )
                                 
Net Loss
     (92,272 )     (291,287 )     -       (383,559 )
                                 
Comprehensive Loss
   $ (92,272 )   $ (291,287 )   $ -     $ (383,559 )
 
 
3
 

ONE2ONE LIVING CORPORATION
(Formerly Jinmimi Network Inc.)
UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2011
 
   
One2One
(Pub-co)
    
One2One (Private)
    
Adjustments
    
Pro-Forma Combined
  
   
(Audited)
    
(Audited)
    
(Unaudited)
    
(Unaudited)
  
Revenues
                        
 Net revenues
   $ -     $ -     $ -     $ -  
   Cost of net revenues
     -       -       -       -  
                                 
Gross Profit
   $ -     $ -     $ -     $ -  
                                 
Operating Expenses
                                
  General and administration
     75,088       7,381       -       82,469  
  Consulting fees
     -       66,608       -       66,608  
  Web development expenses
     -       5,672       -       5,672  
  Marketing expense
     -       30,788       -       30,788  
  Professional fees
     -       2,060       -       2,060  
Total Operating Loss
   $ (75,088 )   $ (112,509 )   $ -     $ (187,597 )
                                 
Other Income (Expense)
                                
  Loss on deconsolidation
     (14,223 )     -       -       (14,223 )
  Other income
     -       101       -       101  
Total Other Income (Expense)
     (14,223 )     101       -       (14,122 )
                                 
Net Loss
     (89,311 )     (112,408 )     -       (201,719 )
                                 
  Foreign currency translation adjustment
     571       -       -       571  
                                 
Comprehensive Loss
   $ (88,740 )   $ (112,408 )   $ -     $ (201,148 )
 
 
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