EX-99.2 3 cosm_ex992.htm PRO FORMA STOCKHOLDERS' EQUITY cosm_ex992.htm

EXHIBIT 99.2 

 

Cosmos Holdings, Inc.

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

 

 

 

 

 

 

 

 

 

 

 

 

Treasury

 

 

 

 

 

 

 

 

 Other

 

 

 

 

 

 

 No. of

 

 

Common

Stock

 

 

Additional

Paid-in

 

 

Stock

No. of

 

 

Accumulated

 

 

 Comprehensive

Income

 

 

Total

Stockholders'

 

 

 

Shares

 

 

Value

 

 

Capital

 

 

Shares

 

 

Value

 

 

Deficit

 

 

(Loss)

 

 

Deficit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2021

 

 13.485.128

 

 

 $ 13.484

 

 

 $

 14.333.285

 

 

 

 (415.328 )

 

 $ (611.854 )

 

 $

(18.750.824)

 

 

 $ 854.896

 

 

 $

 (4.161.013)

 

Foreign currency translation adjustment, net

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 (473.578 )

 

 

 (473.578 )

Sale of treasury stock to third party

 

 

 -

 

 

 

 -

 

 

 

 249.350

 

 

 

 65.000

 

 

 

 650

 

 

 

 -

 

 

 

 -

 

 

 

 250.000

 

Restricted stock issued to a consultant

 

 1.800.000

 

 

 

 1.800

 

 

 1.187.650

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 1.189.450

 

Conversion of notes payable into shares of common stock

 

 

 781.819

 

 

 

 782

 

 

 2.563.582

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 2.564.364

 

Net loss

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 (2.173.903)

 

 

 

 -

 

 

 (2.173.903)

 

Balance at March 31, 2021

 

 16.066.947

 

 

 $ 16.066

 

 

 $

  18.333.867

 

 

 

 (350.328 )

 

 $ (611.204 )

 

 $

(20.924.727)

 

 

 $ 381.318

 

 

 $

  (2.804.680)

 

Foreign currency translation adjustment, net

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 284

 

 

 

 284

 

Conversion of related party debt

 

 

 500.000

 

 

 

 500

 

 

 2.999.500

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 3.000.000

 

Forgiveness of related party debt

 

 

 -

 

 

 

 -

 

 

 

 600.000

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 600.000

 

Restricted stock issued to a consultant

 

 

 -

 

 

 

 -

 

 

 1.968.000

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 1.968.000

 

Net loss

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 (2.379.056)

 

 

 

 -

 

 

 (2.379.056)

 

Balance at June 30, 2021

 

 16.566.947

 

 

 

 16.566

 

 

 23.901.367

 

 

 

 (350.328 )

 

 

 (611.204 )

 

 (23.303.783)

 

 

 

 381.602

 

 

 

 384.548

 

Restricted stock issued to a consultant

 

 

 -

 

 

 

 -

 

 

 1.340.835

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 1.340.835

 

Conversion of convertible notes into shares of common stock (Platinum $175k conversion of debt at 07.14.2021)

 

 

 55.022

 

 

 

 55

 

 

 

 275.054

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 275.109

 

Conversion of convertible notes into shares of common stock (Platinum $200.5k conversion of debt at 08.16.2021)

 

 

 71.480

 

 

 

 71

 

 

 

 358.041

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 358.112

 

Conversion of loans payable into shares of common stock (RP $1m debt conversion at 07.13.2021)

 

 

 166.667

 

 

 

 167

 

 

 

 999.833

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 1.000.000

 

Conversion of loans payable into shares of common stock (RP $1,25m debt conversion at 07.19.2021)

 

 

 208.333

 

 

 

 208

 

 

 1.249.792

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 1.250.000

 

Conversion of notes payable into shares of common stock (Synthesis P2P fund debt conversion of $ 1,606 (€1.35m) at 08.04.2021 )

 

 

 321.300

 

 

 

 321

 

 

 1.314.117

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 1.314.438

 

Foreign currency translation adjustment, net

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 (16.900 )

 

 

 (16.900 )

Net income / (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 (1.048.889)

 

 

 

 

 

 

 (1.048.889)

 

Balance at August 31, 2020

 

 17.389.748

 

 

 17.389

 

 

 29.439.039

 

 

 

 (350.328 )

 

 

 (611.204 )

 

 (24.352.672)

 

 

 

 364.702

 

 

 4.857.253

 

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements