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2. Kush Merger: Proforma Statement of Operations for Wild Earth and Kush (Tables)
6 Months Ended
Jun. 30, 2014
Tables/Schedules  
Proforma Statement of Operations for Wild Earth and Kush

The following unaudited proforma condensed combined statement of operations reflects the results of operations of CANNABIS SATIVA (formerly Ultra Sun Corp.) for the six months ended June 30, 2014, the results of operations for WILD EARTH NATURALS for the six months ended June 30, 2014, and the results of operations for KUSH for the six months ended June 30, 2014 as if the Companies had been consolidated effective January 1, 2014.

 

 

Cannabis Sativa

Wild Earth Naturals

Kush

Proforma

 

 

 

 

 

Revenue

$-

$1,672

$-

$1,672

 

 

 

 

 

Cost of revenue

-

1,631

-

1,631

 

 

 

 

 

Gross profit

-

41

-

41

 

 

 

 

 

General and administrative expense

3,940

161,221

278,374

443,535

 

 

 

 

 

Other expense

 

 

 

 

  Realized loss on available-for-sale securities

-

-

337,440

337,440

  Interest expense

6,908

6,188

-

13,096

 

 

 

 

 

Loss from continued operations

(10,848)

(167,368)

(615,814)

(794,030)

 

 

 

 

 

Net loss

$(10,848)

$(167,368)

$(615,814)

$(794,030)

 

 

The following unaudited proforma condensed combined statement of operations reflects the results of operations of CANNABIS SATIVA (formerly Ultra Sun Corp.) for the six months ended June 30, 2013, the results of operations for WILD EARTH NATURALS for the period from the date of inception (April 9, 2013) through June 30, 2013, and the results of operations for KUSH for the period from the date of inception (January 24, 2013) through June 30, 2013 as if the Companies had been consolidated effective January 1, 2014.

 

 

Cannabis Sativa

Wild Earth Naturals

Kush

Proforma

 

 

 

 

 

Revenue

$-

$-

$-

$-

 

 

 

 

 

Cost of revenue

-

-

-

-

 

 

 

 

 

Gross profit

-

-

-

-

 

 

 

 

 

General and administrative expense

-

35,322

29,852

65,174

 

 

 

 

 

 

 

 

 

 

Loss from continued operations

-

(35,322)

(29,852)

(65,174)

 

 

 

 

 

Income (loss) from discontinued operations

(7,764)

-

-

(7,764)

 

 

 

 

 

Net loss

$(7,764)

$(35,322)

$(29,852)

$(72,938)