PayMeOn, Inc.

As Previously

Net effect of

Net effect after

Filed

Acquisitions

ASSETS

CURRENT ASSETS

Cash

$

10,341

$

77,997

$

88,338

Inventory (1)

11,916

—

11,916

Prepaid expenses

48,362

—

48,362

Other current assets

1,194

—

1,194

TOTAL CURRENT ASSETS

71,813

77,997

149,810

LONG TERM ASSETS

Licensing agreements, net

—

497,260

Fixed assets, net

227,397

—

227,397

Deposits

12,397

—

12,397

239,794

497,260

737,054

TOTAL ASSETS

$

311,607

$

575,257

$

886,864

LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES

Accounts payable

$

333,938

$

12,587

$

346,525

Accounts payable - related party

—

500,000

Due to related party

56,635

—

56,635

Customer deposits

34,634

—

34,634

Accrued expenses

1,058,446

—

1,058,446

Notes Payable

2,000

—

2,000

Purchase order financing (2)

1,885

—

1,885

Purchase order financing - related party, net (2)

4,000

—

4,000

Note payable – convertible

300,000

—

300,000

Notes Payable related party- convertible

600,414

—

600,414

TOTAL CURRENT LIABILITIES

2,391,952

512,587

2,904,539

NOTE PAYABLE – CONVERTIBLE

—

TOTAL LIABILITIES

2,391,952

512,587

2,904,539

STOCKHOLDERS’ DEFICIT

Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding, respectively

—

Common stock, $0.001 par value, 1,000,000,000 shares authorized, 17,180,422 and 97,680,422 shares issued and outstanding, respectively pre and post-acquisition

17,180

80,500

97,680

Additional paid in capital

9,666,562

508,274

10,174,836

Accumulated deficit

(11,764,087

)

(526,104

)

(12,290,191

)

TOTAL STOCKHOLDERS' DEFICIT

(2,080,345

)

62,670

(2,017,675

)

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT

$

311,607

$

575,257

$

886,864