Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 5,122,876 $ 0
Accounts receivable, net 26,496 0
Deferred offering costs 0 25,000
Prepaid expenses 4,103 0
Total current assets 5,153,475 25,000
Property and equipment, net 23,661 0
Intangible assets, net 5,963,436 0
Goodwill 2,706,374 0
TOTAL ASSETS 13,846,946 25,000
Current liabilities:    
Accounts payable 250,162 52,717
Earn-out accrual 716,394 0
Payable for Target Assets - Louis Neglia 129,500 0
Note payable - related party 0 353,450
Total current liabilities 1,096,056 406,167
Commitments and contingencies (Note 8)
Stockholders' Equity (Deficit):    
Preferred Stock, $.001 par value; 5,000,000 shares authorized at September 30, 2016 and December 31, 2015; nil shares issued and outstanding 0 0
Common stock value 8,480 5,289
Additional paid-in capital 13,948,218 0
Accumulated deficit (1,205,808) (386,456)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) 12,750,890 (381,167)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 13,846,946 25,000
CFFC Promotions, LLC [Member]    
Current assets:    
Cash 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 24,100 23,650
Note payable - related party 67,000 67,000
Total current liabilities 91,100 90,650
TOTAL LIABILITIES 91,100 90,650
Members’ deficit (83,101) (68,337)
Stockholders' Equity (Deficit):    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 7,999 22,313
HOOSIER FIGHT PROMOTIONS LLC [Member]    
Current assets:    
Cash 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 16,700 9,000
Ticket tax payable 2,362 2,185
Deferred revenue 6,400 7,500
Total current liabilities 25,462 18,685
TOTAL LIABILITIES 25,462 18,685
Members’ deficit (12,838) (7,546)
Stockholders' Equity (Deficit):    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 12,624 11,139
PUNCH DRUNK INC [Member]    
Current assets:    
Cash 2,838 3,829
Accounts receivable, net 5,000 0
Total current assets 7,838 3,829
Property and equipment, net 7,399 13,009
TOTAL ASSETS 15,237 16,838
Current liabilities:    
Accounts payable 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 (14,100) (6,848)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (14,099) (6,847)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 15,237 16,838
BANG TIME ENTERTAINMENT, LLC [Member]    
Current assets:    
Cash 13,131 11,842
Accounts receivable, net 16,500 6,000
Prepaid expenses 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 29,185 17,500
Total current liabilities 29,185 17,500
Stockholders' Equity (Deficit):    
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) 4,549 484
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 33,734 17,984
V3 Fights [Member]    
Current assets:    
Cash 0 2,697
Total current assets 0 2,697
TOTAL ASSETS 0 2,697
Current liabilities:    
Accounts payable 25,000 17,500
Accounts payable 25,193 33,065
Total current liabilities 50,193 50,565
TOTAL LIABILITIES 50,193 50,565
Members’ deficit (50,193) (47,868)
Stockholders' Equity (Deficit):    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 0 2,697
Go Fight Net, Inc [Member]    
Current assets:    
Cash 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 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 (DEFICIT) 59,211 111,569
Cagetix LLC [Member]    
Current assets:    
Cash 48,969 57,334
TOTAL ASSETS 48,969 57,334
Current liabilities:    
Accounts payable 30,183 19,721
Accounts payable 60,885 62,449
Total current liabilities 91,068 82,170
Members’ deficit (42,099) (24,836)
Stockholders' Equity (Deficit):    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 48,969 $ 57,334