NOTE 12. PROFORMA FINANCIAL INFORMATION

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

NOTE 12. PROFORMA FINANCIAL INFORMATION

NOTE 12. PROFORMA FINANCIAL INFORMATION

Pro Forma adjustments are limited to the effects or events that are directly attributable to the transactions, factually supportable and for the statement of operations expect to have a continuing impact on the registrant.

The following unaudited pro forma condensed consolidating balance sheets are based on the balance sheets of Beyond Commerce, Inc. (“BYOC”) and Service 800, Inc. (“SR800”) as of December 31, 2018. The following pro forma condensed consolidating statements of operations are based on the historical statements of operations of BYOC and SR800 for the year ended December 31, 2018.

The Company closed this transaction on March 4, 2019 with Service 800, Inc. from the proceeds derived in the Discover Growth Fund LLC. The Company will entered into a stock purchase agreement ( the “Purchase Agreement”) with Service 800, Inc. and Jean Mork Bredeson ( sole stockholder of SR800) in which the Company acquired all of the outstanding shares of SR800 for (i) $2,100,000 principal amount due at closing (ii) $2,100,000 in three year note payable with interest at the current LIBOR plus a spread of 2.96488% for the first year.

Proforma Financial	BYOC			Service 800			Proforma Adjustments			Proforma Balance
Total Assets	$	651,890		$	1,442,275		$	3,285,046		$	5,379,211
Total Liabilities	$	14,547,771		$	405,071		$	5,490,433		$	20,443,275
Total Stockholder’s Deficit	$	(13,895,881	)	$	1,037,204		$	(2,205,357	)	$	(15,064,064	)
Revenues	$	—		$	4,931,417		$	—		$	4,931,417
Operating Expenses	$	(1,760,810	)	$	(4,840,991	)	$	—		$	(1,670,384	)
Non-operating expenses	$	(2,535,429	)	$	(8,240	)	$	(1,066,292	)	$	(3,609,961	)
Provision for income tax		—			(2,201	)		—			(2,201	)
Net Income (loss)	$	(4,296,239	)	$	79,985		$	(1,066,292	)	$	(5,282,546	)