| Note 14 - Acquisition Pro Forma Numbers |
NOTE 14 - ACQUISITION PRO FORMA NUMBERS During the month of March 2013 we acquired the assets of two companies Litigation Capital Corp.(Litigation) and Texas Gulf Oil & Gas (TGOG), which qualify as significant subsidiaries. We have detailed the transaction in our other footnotes on acquisitions and stock. Since we have acquired these assets prior to the close of our quarter, we are including the audited pro forma numbers for 2013 and 2012. | | | | | | | BROADLEAF CAPITAL PARTNERS, INC. | | Pro Forma Consolidated Balance Sheets | | | | Legal | | Pro-Forma | | | Broadleaf | Capital | TGEP | Consolidated | | | 12/31/13 | 12/31/13 | 12/31/13 | 12/31/13 | | | Audited | Audited | | | | ASSETS | | | | | | CURRENT ASSETS | | | | | | Cash | $7,045 | $53,890 | $0 | $60,935 | | Notes receivable current portion | 135,000 | 0 | 0 | 135,000 | | TOTAL CURRENT ASSETS | 142,045 | 53,890 | 0 | 195,935 | | Note Receivable - Net of Current Portion | 165,000 | 0 | 0 | 165,000 | | Property, Plant and Equipment | 0 | 0 | 32,610 | 32,610 | | Intangible assets | 0 | 0 | 7,751,031 | 7,751,031 | | Goodwill | 0 | 255,000 | 0 | 255,000 | | Investments in Sub | 8,098,408 | 0 | 0 | 0 | | TOTAL ASSETS | $8,405,453 | $308,890 | $7,783,641 | $8399,576 | | LIABILITIES AND EQUITY | | | | | | CURRENT LIABILITIES | | | | | | Accounts payable and accrued expenses | $14,951 | $0 | $58,400 | $73,351 | | Accrued interest | 0 | 0 | 0 | 0 | | Notes payable - current portion | 12,750 | 0 | 0 | 12,750 | | TOTAL CURRENT LIABILITIES | 27,701 | 0 | 58,400 | 86,101 | | | | | | | | TOTAL LIABILITIES | 27,701 | 0 | 58,400 | 86,101 | | COMMITMENTS AND CONTINGENCIES | | | | | | BROADLEAF CAPITAL PARTNERS, INC.( "BDLF")SHAREHOLERS' EQUITY | | | | | | Preferred Stock 10,000,000 authorized all series: | | | | | | Series A $0.01 par value 900 shares issued and outstanding at December 31, 2013. | 9 | 0 | 0 | 9 | | Series B $0.01 par value 300,000 shares issued and outstanding atDecember 31, 2013 | 3,000 | 0 | 0 | 3,000 | | Common Stock 250,000,000 authorized at $0.001 par value; 167,097,874 shares issued and outstanding December 31, 2013. | 167,098 | 0 | 0 | 167,098 | | Additional paid-in capital | 22,236,906 | 355,025 | 7,725,241 | 22,218,764 | | Accumulated deficit | (14,029,261) | (46,135) | 0 | (14,075,396) | | TOTAL EQUITY | 8,377,752 | 308,890 | 7,725,241 | 8,313,475 | | | | | | | | TOTAL LIABILITIES, AND EQUITY | $8,405,453 | $308,890 | $7,783,641 | $8,399,576 | | | | | | | | | | | | | | | | | | BROADLEAF CAPITAL PARTNERS, INC. | | | Pro Forma Consolidated Statements of Operations | | | | | | | | | | | | Legal | | Pro-Forma | | | | Broadleaf | Capital | TGEP | Consolidated | | | | For the Years Ended | | | | 12/31/13 | 12/31/13 | 12/31/13 | 12/31/13 | | | Audited | Audited | | | | REVENUES | $8,467 | $0 | $33,042 | $41,509 | | | | | | | | COST OF SALES | 0 | 0 | 32,002 | 32,002 | | | | | | | | GROSS PROFIT | 8,467 | 0 | 1,040 | 9,507 | | | | | | | | OPERATING EXPENSES | 36,543 | 27,551 | 97,089 | 161,183 | | | | | | | | NET INCOME(LOSS) FROM OPERATIONS | (28,076) | (27,551) | (96,049) | (151,676) | | | | | | | | OTHER INCOME (EXPENSE) | | | | | | | | | | | | Realized Gain on Sale of Investment | 139,050 | 0 | 0 | 139,050 | | Debt Forgiveness | 46,871 | 0 | 0 | 46,871 | | Interest income | 10,000 | 0 | 0 | 10,000 | | Interest expense | 0 | 0 | 0 | 0 | | | | | | | | TOTAL OTHER INCOME (EXPENSE) | 195,921 | 0 | 0 | 195,921 | | | | | | | | | | | | | INCOME (LOSS) FROM CONTINUING OPERATION BEFORE INCOME TAXES | 167,845 | (27,551) | (96,049) | 44,245 | | | | | | | | Income taxes | (9,451) | 0 | 0 | (9,451) | | | | | | | | NET INCOME (LOSS) | $158,394 | $(27,551) | $(96,049) | $34,794 | | | | | | | | BASIC INCOME (LOSS) PER SHARE | | | | | | | | | | | | Basic Income (Loss) Per Share | 0.001 | (27.551) | | 0.000 | | | | | | | | BASIC & DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING | 163,318,216 | 1,000 | | 163,318,216 | | | | | | | | | | | | | | | BROADLEAF CAPITAL PARTNERS, INC. | | | Pro Forma Consolidated Balance Sheets | | | | | Legal | | Pro-Forma | | | Broadleaf | Capital | TGEP | Consolidated | | | 12/31/12 | 12/31/12 | 12/31/12 | 12/31/12 | | | Audited | Audited | | | | ASSETS | | | | | | CURRENT ASSETS | | | | | | Cash | $94,642 | $31,416 | $0 | $126,058 | | Notes receivable current portion | 0 | 0 | 0 | 0 | | TOTAL CURRENT ASSETS | 94,642 | 31,416 | 0 | 126,058 | | Note Receivable - Net of Current Portion | 125,000 | 0 | 0 | 125,000 | | Property, Plant and Equipment | 0 | 0 | 39,130 | 39,130 | | Intangible assets | 0 | 0 | 7,751,031 | 7,751,031 | | Goodwill | 0 | 255,000 | 0 | 255,000 | | Investments in Sub | 8,098,408 | 0 | 0 | 0 | | | | | | | | TOTAL ASSETS | $8,318,050 | $286,416 | $7,790,161 | $8,296,219 | | LIABILITIES AND EQUITY | | | | | | CURRENT LIABILITIES | | | | | | Accounts payable and accrued expenses | $51,821 | $0 | $0 | $51,821 | | Accrued interest | 16,488 | 0 | 0 | 16,488 | | Notes payable - current portion | 30,383 | 0 | 0 | 30,383 | | TOTAL CURRENT LIABILITIES | 98,692 | 0 | 0 | 98,692 | | | | | | | TOTAL LIABILITIES | 98,692 | 0 | 0 | 98,692 | | COMMITMENTS AND CONTINGENCIES | | | | | | BROADLEAF CAPITAL PARTNERS, INC.( "BDLF")SHAREHOLERS' EQUITY | | | | | | Preferred Stock 10,000,000 authorized all series: | | | | | | Series A $0.01 par value 900 shares issued and outstanding at December 31, 2013 | 9 | 0 | 0 | 9 | | Series B $0.01 par value 300,000 shares issued and outstanding at December 31, 2013 | 3000 | 0 | 0 | 3,000 | | Common Stock 250,000,000 authorized at $0.001 par value; 167,097,874 shares issued and outstanding December 31, 2013 | 167,098 | 0 | 0 | 167,098 | | Additional paid-in capital | 22,236,906 | 305,000 | 7,790,161 | 22,233,659 | | Accumulated deficit | (14,187,655) | (18,584) | 0 | (14,206,239) | | TOTAL EQUITY | 8,219,358 | 286,416 | 7,790,161 | 8,197,527 | | TOTAL LIABILITIES, AND EQUITY | $8,318,050 | $286,416 | $7,790,161 | $8,296,219 | | | | | | | | | | | | | | | BROADLEAF CAPITAL PARTNERS, INC. | | Pro Forma Consolidated Statements of Operations | | | | | | | | | | Legal | | Pro-Forma | | | Broadleaf | Capital | TGEP | Consolidated | | | For the Year Ended | | | 12/31/12 | 12/31/12 | 12/31/12 | 12/31/12 | | | Audited | Audited | | | | | | | | | | REVENUES | $633 | $0 | $54,671 | $55,304 | | | | | | | | COST OF SALES | 0 | 0 | 5,652 | 5,652 | | | | | | | | GROSS PROFIT | 633 | 0 | 49,019 | 49,652 | | | | | | | | OPERATING EXPENSES | 130,836 | 18,584 | 68,888 | 218,308 | | | | | | | | NET INCOME(LOSS) FROM OPERATIONS | (130,203) | (18,584) | (19,869) | (168,656) | | | | | | | | OTHER INCOME (EXPENSE) | | | | | | | | | | | | Realized Gain on Sale of Investment | 927,318 | 0 | 0 | 927,318 | | Debt Forgiveness | 138,238 | 0 | 0 | 138,238 | | Other Expense | 0 | 0 | (2,163) | (2,163) | | Interest income | 0 | 0 | 0 | 0 | | Interest expense | (9,490) | 0 | 0 | (9,490) | | | | | | | | TOTAL OTHER INCOME (EXPENSE) | 1,056,066 | 0 | (2,163 | 1,053,903 | | | | | | | | INCOME (LOSS) FROM CONTINUING OPERATION BEFORE INCOME TAXES | 925,863 | (18,584) | (22,032) | 885,247 | | | | | | | | | | | | | Income taxes | (1,654) | 0 | 0 | (1,654) | | | | | | | | NET INCOME (LOSS) | $924,209 | $(18,584) | $(22,032) | $883,593 | | | | | | | | BASIC INCOME (LOSS) PER SHARE | | | | | | | | | | | | Basic Income (Loss) Per Share | 0.006 | (18.584) | | 0.005 | | | | | | | | BASIC & DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING | 163,318,216 | 1,000 | | 163,318,216 | | | | | | |
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