EX-99.2 6 ex99-2.htm PROMO FORMA FS ex99-2.htm


 
Exhibit 99.2
 
 
OICCO ACQUISITION I, INC.
(A Development Stage Company)
Unaudited Combined Pro Forma Balance Sheet
June 30, 2013
 
                         
   
OICCO
Acquisition I, Inc.
   
CHAMPION PAIN CARE CORP.
   
Pro Forma
Adjustmetns
   
Adjusted Pro
Forma Totals
 
ASSETS
                       
Current assets
                       
Cash
  $ 1,505     $ 100     $     $ 1,605  
Total current assets
    1,505       100               1,605  
                                 
Total assets
  $ 1,505     $ 100     $     $ 1,605  
                                 
LIABILITIES AND STOCKHOLDERS' DEFICIT
                               
Current liabilities
                               
Accounts payable
  $ 21,070     $ 4,825     $     $ 25,895  
Related party payables
    15,967       202,795               218,762  
Total current liabilities
    37,037       207,620               244,657  
                                 
Total liabilities
    37,037       207,620               244,657  
                                 
Stockholders' deficit
                               
Common stock, $0.0001 par value; 100,000,000 shares authorized;
    4,500                       4,500  
45,000,000 and issued and outstanding
                               
Additional paid in capital
    25,408       100       (65,440 )     (39,932 )
Deficit accumulated during the development stage
    (65,440 )     (207,620 )     65,440       (207,620 )
Total stockholders' deficit
    (35,532 )     (207,520 )           (243,052 )
                                 
Total liabilities and stockholders' deficit
  $ 1,505     $ 100     $     $ 1,605  
                                 
See accompanying notes to unaudited financial statements.

 
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OICCO ACQUISITION I, INC.
(A Development Stage Company)
Unaudited Pro Forma Statements of Expenses
 
   
OICCO
Acquisition I, Inc.
Year ended December 31, 2012
   
CHAMPION PAIN CARE CORP.
Period from January 31, 2013 (the inception) through June 30, 2013
   
Pro Forma
Adjustments
   
Pro Forma Adjusted
Combined Totals
 
                         
Operating expenses
                       
   Professional fees
  $ 28,559     $ 4,825     $     $ 33,384  
   General and administrative
    9,495       202,795             212,290  
Total operating expenses
  $ 38,054     $ 207,620     $     $ 245,674  
                                 
Net loss
  $ 38,054     $ 207,620     $     $ 245,674  
                                 
Basic and diluted loss per common share
  $     $ (0.01 )   $     $ (0.01 )
                                 
Weighted average shares outstanding - Basic and Diluted
    13,500,000       31,500,000             45,000,000  
                                 

 
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OICCO ACQUISITION I, INC.
(A Development Stage Company)
Unaudited Pro Forma Statements of Expenses
Six Months Ended June 30, 2013
 
                         
   
OICCO
Acquisition I, Inc.
   
CHAMPION PAIN CARE CORP.
   
Pro Forma
Adjustments
   
Pro Forma Adjusted
Combined Totals
 
                         
Operating expenses
                       
   Professional fees
  $ 3,020     $ 4,825     $     $ 7,845  
   General and administrative
          202,795             202,795  
Total operating expenses
  $ 3,020     $ 207,620     $     $ 210,640  
                                 
Net loss
  $ 3,020     $ 207,620     $     $ 210,640  
                                 
Basic and diluted loss per common share
  $     $ (0.01 )   $     $ (0.00 )
                                 
Weighted average shares outstanding - Basic and Diluted
    13,500,000       31,500,000             45,000,000  
 

 
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Notes To Unaudited Pro Forma Consolidated Financial Statements

OICco Acquisition I, Inc. entered into a Share Exchange Agreement with Champion Pain Care Corp., whereby OICco Acquisition I, Inc., exchanged 70% of its outstanding shares of common stock for 100% of the outstanding shares of Champion Pain Care Corp. Common stock . As of the closing date, Champion Pain Care Corp. will operate as a wholly owned subsidiary of OICco Acquisition I, Inc.

As a result of the Share Exchange Agreement, each outstanding share of Champion Pain Care Corp. common stock shall be transferred, conveyed and delivered to OICco Acquisition I, Inc. in exchange for 31,500,000 newly-issued shares of common stock of OICco Acquisition I, Inc.

As of the closing date of the Share Exchange Agreement, the former shareholders of Champion Pain Care Corp. held approximately 70% of the issued and outstanding common shares of OICco Acquisition I, Inc. The issuance of 31,500,000 common shares to the former shareholders of Champion Pain Care Corp. was deemed to be an acquisition for accounting purposes. The number of shares outstanding and per share amounts have been restated to recognize the recapitalization as reflected in proforma adjustments.

The pro forma consolidated balance sheets of Champion Pain Care Corp. and OICco Acquisition I, Inc. are presented here as of June 30, 2013. The pro forma consolidated statements of expenses for Champion Pain Care Corp. and OICco Acquisition I, Inc. are presented here for the year ended December 31, 2012 and the period from inception through June 30, 2013.

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