Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Sep. 30, 2016
Dec. 31, 2015
Current assets:      
Cash and cash equivalents $ 4,678,473   $ 0
Accounts receivable, net 8,450   0
Deferred offering costs 0   25,000
Prepaid and other assets 134,852   0
Total current assets 4,821,775   25,000
Property and equipment, net 122,312   0
Intangible assets, net 5,780,213   0
Goodwill 3,271,815   0
TOTAL ASSETS 13,996,115   25,000
Current liabilities:      
Accounts payable and accrued liabilities 284,361   52,717
Note payable - related party 0   353,450
Total current liabilities 284,361   406,167
TOTAL LIABILITIES 284,361   406,167
Commitments and contingencies (Note 7)  
Stockholders' Equity (Deficit):      
Preferred Stock, $.001 par value; 5,000,000 shares authorized; no shares issued and outstanding 0   0
Common stock value 9,022   5,289
Additional paid-in capital 18,248,582   0
Accumulated deficit (4,545,850)   (386,456)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 13,711,754   (381,167)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 13,996,115   25,000
CFFC Promotions, LLC [Member]      
Current assets:      
Cash and cash equivalents   $ 551 6,006
Accounts receivable, net   3,000 10,500
Total current assets   3,551 16,506
Property and equipment, net   4,448 5,807
TOTAL ASSETS   7,999 22,313
Current liabilities:      
Accounts payable and accrued liabilities   32,100 23,650
Note payable - related party $ 67,000 67,000 67,000
Total current liabilities   99,100 90,650
TOTAL LIABILITIES   99,100 90,650
Stockholders' Equity (Deficit):      
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)   (91,101) (68,337)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   7,999 22,313
Hoosier Fight Club Promotions, LLC [Member]      
Current assets:      
Cash and cash equivalents   11,194 7,610
Accounts receivable, net   1,096 2,995
Total current assets   12,290 10,605
Property and equipment, net   334 534
TOTAL ASSETS   12,624 11,139
Current liabilities:      
Accounts payable and accrued liabilities   21,408 9,000
Ticket tax payable   2,362 2,185
Deferred revenue   6,400 7,500
Total current liabilities   30,170 18,685
TOTAL LIABILITIES   30,170 18,685
Stockholders' Equity (Deficit):      
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)   (17,546) (7,546)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   12,624 11,139
PUNCH DRUNK, INC [Member]      
Current assets:      
Cash and cash equivalents   2,838 3,829
Accounts receivable, net   9,000 0
Total current assets   11,838 3,829
Property and equipment, net   7,399 13,009
TOTAL ASSETS   19,237 16,838
Current liabilities:      
Accounts payable and accrued liabilities   29,336 23,685
Total current liabilities   29,336 23,685
TOTAL LIABILITIES   29,336 23,685
Stockholders' Equity (Deficit):      
Common stock value   1 1
Accumulated deficit   (10,100) (6,848)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)   (10,099) (6,847)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   19,237 16,838
BANG TIME ENTERTAINMENT, LLC [Member]      
Current assets:      
Cash and cash equivalents   13,131 11,842
Accounts receivable, net   16,500 6,000
Prepaid and other assets   4,103 0
Total current assets   33,734 17,842
Property and equipment, net   0 142
TOTAL ASSETS   33,734 17,984
Current liabilities:      
Accounts payable and accrued liabilities   29,185 17,500
Total current liabilities   29,185 17,500
TOTAL LIABILITIES   29,185 17,500
Stockholders' Equity (Deficit):      
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)   4,549 484
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   33,734 17,984
V3 Fights [Member]      
Current assets:      
Cash and cash equivalents   0 2,697
Total current assets   0 2,697
TOTAL ASSETS   0 2,697
Current liabilities:      
Accounts payable   25,193 33,065
Accrued expenses   25,000 17,500
Total current liabilities   50,193 50,565
TOTAL LIABILITIES   50,193 50,565
Stockholders' Equity (Deficit):      
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)   (50,193) (47,868)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   0 2,697
Go Fight Net, Inc [Member]      
Current assets:      
Cash and cash equivalents   42,081 74,532
Accounts receivable, net   900 0
Total current assets   42,981 74,532
Property and equipment, net   16,230 37,037
TOTAL ASSETS   59,211 111,569
Current liabilities:      
Accounts payable and accrued liabilities   18,207 19,962
401K payable   20,000 24,000
Total current liabilities   38,207 43,962
TOTAL LIABILITIES   38,207 43,962
Stockholders' Equity (Deficit):      
Common stock value   8,000 8,000
Accumulated deficit   13,004 59,607
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)   21,004 67,607
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   59,211 111,569
Cagetix LLC [Member]      
Current assets:      
Cash and cash equivalents   48,969 57,334
TOTAL ASSETS   48,969 57,334
Current liabilities:      
Accounts payable   60,885 62,449
Accrued expenses   30,183 19,721
Total current liabilities   91,068 82,170
TOTAL LIABILITIES   91,068 82,170
Stockholders' Equity (Deficit):      
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)   (42,099) (24,836)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 48,969 $ 57,334