EX-99 9 ex993.htm EXHIBIT 99.3 - MY EDGAR, INC. AND SUBSIDIARIES UNAUDITED INTERIM FINANCIAL STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 2007

Main 8-K

Exhibit 99.3

DOCUCON INCORPORATED AND MY EDGAR INC & SUBSIDIARIES

UNAUDITED PRO FORMA CONDENSED

CONSOLIDATED FINANCIAL STATEMENTS

The following unaudited pro forma condensed Consolidated financial statements are based on the unaudited historical financial statements of Docucon Incorporated (“Docucon”) and My EDGAR, Inc. (“My EDGAR”) along with its sole subsidiary Bassett Press, Inc., (“Bassett Press”) have been prepared to illustrate the effects of the Docucon acquisition of My EDGAR and its subsidiaries under the terms of the Merger Agreement dated December 13, 2007. The following unaudited pro forma condensed consolidated balance sheet as of September 30, 2007, and unaudited pro forma condensed consolidated statements of operations as of and for the nine months ended September 30, 2007 are presented as if the merger of Docucon and My EDGAR (the “merger”) was effective as of January 1, 2007.

On December 13, 2007, Docucon consummated an Agreement and Plan of Merger (“Merger”) with My EDGAR, Inc., a Florida corporation, whereby Docucon acquired all the outstanding capital of My EDGAR in exchange of 16,439,938 shares of Docucon’s common stock. Immediately following the Merger, Docucon Acquisitions Corp (“DAC”) changed its name to My EDGAR, Inc. For accounting purposes, My EDGAR is treated as the acquirer in the merger, which is accounted for as a recapitalization in which the assets and liabilities of My EDGAR and Docucon have been recorded at their historical values and the outstanding capital stock and additional paid in capital have been restated to give effect to the shares of common stock issued in connection with the transaction.

The pro forma adjustments represent, in the opinion of management, all adjustments necessary to present the Company’s pro forma results of operations and financial position in accordance with Article 11 of SEC Regulation S-X based upon available information and certain assumptions considered reasonable under the circumstances.

The unaudited pro forma financial statements presented herein do not purport to present what the Company's financial position or results of operations would actually have been had the events leading to the pro forma adjustments in fact occurred on the date or at the beginning of the periods operations for any future date or period.

The pro forma data presented herein is for informational purposes only and is not intended to represent or be indicative of the results of operations or financial condition of the consolidated entities that would have been reported had the proposed transaction been completed as of the dates presented, and should not be taken as representative of future results of operations or financial condition of the consolidated group.

Pro Forma Adjustments

Pro forma adjustments as of September 30, 2007 include the following:

(1)

$9,500 credit adjustment of common stock increasing the par value balance as a result of the Merger;

(2)

$10,642,099 debit adjustment of additional paid in capital giving effect for eliminating Docucon’s additional paid in capital balance and liabilities acquired in the Merger transaction;

(3)

$10,071,822 credit adjustment of accumulated deficit related to Docucon’s balance.

P-1

|  |  | Unaudited Historical |  | Unadjusted |  |  |  |  | Adjusted
|  |  | September 30, 2007 |  | September 30, 2007 |  | Condensed Consolidated |  | Pro-Forma |  | Condensed Consolidated
|  |  | Docucon |  | My EDGAR |  | Pro-Forma |  | Adjustments |  | Pro-Forma
|  | Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Cash and cash equivalents | $ | -- |  | $ | 68,177 |  | $ | 68,177 |  | $ |  |  | $ | 68,177
| Accounts receivable |  | -- |  |  | 132,014 |  |  | 132,014 |  |  |  |  |  | 132,014
| Security deposits |  | -- |  |  | 7,617 |  |  | 7,617 |  |  |  |  |  | 7,617
| Other current assets |  | -- |  |  | 948 |  |  | 948 |  |  |  |  |  | 948
|  | Total current assets |  | -- |  |  | 208,756 |  |  | 208,756 |  |  |  |  |  | 208,756
Property & equipment, net |  | -- |  |  | 18,364 |  |  | 18,364 |  |  |  |  |  | 18,364
Intangible assets |  | -- |  |  | 311,821 |  |  | 311,821 |  |  |  |  |  | 311,821
Total Assets | $ | -- |  | $ | 538,941 |  | $ | 538,941 |  |  |  |  | $ | 538,941
|  | Liabilities and Stockholders' Deficit |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Accounts payable | $ | 95,655 |  | $ | 22,826 |  | $ | 118,481 |  |  |  |  | $ | 118,481
| Other current liabilities |  | 37,834 |  |  | 22,058 |  |  | 59,892 |  |  |  |  |  | 59,892
| Line of Credit |  | -- |  |  | -- |  |  | -- |  |  |  |  |  | --
| Due to related party |  | -- |  |  | -- |  |  | -- |  |  |  |  |  | --
| Notes payable |  | 127,334 |  |  | 109,733 |  |  | 237,067 |  |  |  |  |  | 237,067
|  | Total current liabilities |  | 260,823 |  |  | 154,617 |  |  | 415,440 |  |  |  |  |  | 415,440
|  | Total liabilities |  | 260,823 |  |  | 154,617 |  |  | 415,440 |  |  |  |  |  | 415,440
Stockholders' deficit: |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Preferred stock, $1.00 par value, 10,000,000 shares authorized - |  | 7 |  |  | -- |  |  | 7 |  |  |  |  |  | 7
|  | Series A, 60 shares designated, 7 shares issued and outstanding, |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Liquidation preference of $175,000. |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Common stock, $0.001 par value, 100,000,000 shares |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | authorized, 17,124,842 shares issued and outstanding |  | 2,439 |  |  | 5,186 |  |  | 7,625 |  |  | (9,500) | (1) |  | 17,125
| Additional paid-in capital |  | 10,373,566 |  |  | 693,510 |  |  | 11,067,076 |  |  | 10,642,099 | (2) |  | 424,977
| Treasury stock |  | (4,236) |  |  |  |  |  | (4,236) |  |  |  |  |  | (4,236)
| Accumulated deficit |  | (10,071,822) |  |  | (314,372) |  |  | (10,386,194) |  |  | (10,071,822) | (3) |  | (314,372)
| Accumulated deficit - during development stage |  | (560,777) |  |  | -- |  |  | (560,777) |  |  | (560,777) | (3) |  | --
|  | Total stockholders' deficit |  | (260,823) |  |  | 384,324 |  |  | 123,501 |  |  |  |  |  | 123,501
Total Liabilities and Stockholders' Deficit | $ | -- |  | $ | 538,941 |  | $ | 538,941 |  | $ | -- |  | $ | 538,941

P-2

|  | September 30, 2007 |  | September 30, 2007 |  | Pro-Forma |  | Condensed Combined
|  | Docucon |  | My EDGAR |  | Adjustments |  | Pro-Forma
Revenues |  | $ |  |  | $ | 767,011 |  | $ |  |  | $ | 767,011
Cost of services |  |  |  |  |  | 352,665 |  |  |  |  |  | 352,665
Gross profit |  |  |  |  |  | 414,346 |  |  |  |  |  | 414,346
Operating costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |
| General and administrative |  |  |  |  |  | 185,709 |  |  |  |  |  | 185,709
| Payroll Expenses |  |  |  |  |  | 270,335 |  |  |  |  |  | 270,335
| Depreciation |  |  |  |  |  | 7,767 |  |  |  |  |  | 7,767
Total operating costs and expenses |  |  |  |  |  | 463,811 |  |  |  |  |  | 463,811
Net operating income (loss) |  |  |  |  |  | (49,465) |  |  |  |  |  | (49,465)
Other (expense): |  |  |  |  |  |  |  |  |  |  |  |
| Interest expense |  |  |  |  |  | (8,570) |  |  |  |  |  | (8,570)
| total other income/ expense |  |  |  |  |  | 806 |  |  |  |  |  | 806
Total other (expense) |  |  |  |  |  | (7,763) |  |  |  |  |  | (7,763)
Net loss |  | $ |  |  | $ | (57,228) |  | $ |  |  | $ | (57,228)

P-3