EXHIBIT “2”

APPLICANT’S FINANCIALS FOR THREE AND NINE MONTHS ENDED 31 MARCH 2018

WATERSIDE CAPITAL CORPORATION

BALANCE SHEETS

As of March 31, 2018 (Unaudited) and June 30, 2017

	June 30, 2017			(Unaudited) March 31, 2018
ASSETS
Cash	$	-		$	7,590
TOTAL ASSETS	$	-		$	7,590
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable	$	-		$	845
Accrued Interest Payable		147,569			147,569
Judgment Payable		10,427,300			10,427,300
Accrued Interest Payable – Roran		-			2,914
Total Current Liabilities		10,574,869			10,580,628
Convertible Note Payable - Roran, net of debt discount		-			42,124
Total Liabilities		10,574,869			10,622,752
Equity
Common Stock, par value $1.00, 10,000,000 shares authorized, 1,915,548 shares issued and outstanding		1,915,548			1,915,548
Additional Paid-In Capital		15,479,680			15,523,144
Accumulated Deficit		(27,970,097	)		(28,053,854	)
Total Equity		(10,574,869	)		(10,615,162	)
TOTAL LIABILITIES & EQUITY	$	-		$	7,590

WATERSIDE CAPITAL CORPORATION

STATEMENTS OF OPERATIONS

For the Three and Nine Months Ended March 31, 2018 and 2017

(Unaudited)

	Three Month Periods Ended						Nine Month Periods Ended
	March 31,						March 31,
	2018			2017			2018			2017
Income
Interest – Other	$	-		$	-		$	-		$	-
Total Income		-			-			-			-
Expense
Realized and Unrealized Loss on Investments		-			-			-			100,425
Administrative Expenses		25,842			66,001			69,593			162,633
Interest Expense		9,516			-			14,164			-
Total Expense		35,358			66,001			83,757			263,058
Net loss	$	35,358		$	66,001		$	83,757		$	263,058
Weighted Average Number of Common Shares Outstanding – Basic and Diluted		1,915,548			1,915,548			1,915,548			1,915,548
Net Loss Per Share - Basic and Diluted	$	(0.02	)	$	(0.03	)	$	(0.04	)	$	(0.14	)

WATERSIDE CAPITAL CORPORATION

STATEMENTS OF CASH FLOWS

For the Nine Months Ended March 31, 2018 and 2017

(Unaudited)

	2018			2017
OPERATING ACTIVITIES
Net Loss	$	(83,757	)	$	(263,058	)
Adjustments to reconcile Net Loss to net cash used by operations:
Loss on investments		-		$	100,425
Amortization of interest		11,250			-
Changes in assets and liabilities
Accounts Payable		2,845			-
Accrued Interest Payable		2,914			-
Net cash Used by Operating Activities		(66,748	)		(162,633	)
INVESTING ACTIVITIES
Proceeds from sale of investments		-			85,000
Net cash provided by investing activities		-			85,000
FINANCING ACTIVITIES
Proceeds from note payable from Roran Capital		74,338			-
Net cash provided by Financing Activities		74,388			-
Net cash increase(decrease) for period		7,590			(77,633	)
Cash at beginning of period		-			458,485
Cash at end of period	$	7,590		$	380,852
Supplemental Non-Cash Investing and Financing Activities
Intrinsic value of embedded beneficial conversion option on convertible note payable	$	43,464		$	-