Exhibit 99.4
Unaudited Pro Forma Condensed Combined Balance Sheet
As of August 31, 2016
Assets | UBI | Nova | Pro forma adjustments | Pro forma |
combined | ||||
Cash and cash equivalents Prepaid expenses | $ - | $ 3,160 | $ 3,160 | |
Property and equipment, net | 13,260 | - | 13,260 | |
Goodwill | - | - | 5,108,056 | 5,108,056 |
Total assets | $ - | $ 16,420 | $ 5,124,476 | |
Liabilities and Stockholders' Deficit | ||||
Current liabilities | ||||
Accounts payable and accrued liabilities | $ 68,419 | $ - | - | $ 68,419 |
Advances from stockholder | 26,981 | 46,334 | - | 73,315 |
Bank Overdraft | 1,202 | - | - | 1,202 |
Note payable - related party | 50,000 | - | - | 50,000 |
Total current and total liabilities | 146,602 | 46,334 | - | 192,936 |
Total stockholders' deficit | (146,602 | (29,914) | 5,108,056 | 4,931,540 |
Total liabilities and stockholders' deficit | $ - | $ 16,420 | $ 5,124,476 |
Unaudited Pro Forma Condensed Income Statement for the year ended August 31,2016
Operating expenses | UBI | Nova | Pro forma adjustments | Pro forma |
combined | ||||
$ 13,079 | $ 750,698 | $ 764,777 | ||
Net loss | $ 13,079 | $ 750,698 | - | $ 763,777 |