v3.8.0.1

Note D - Pro Forma Financial Statements: Schedule of Assets Acquired and Liabilities Assumed (Tables)

12 Months Ended

Dec. 31, 2016

Tables/Schedules

Schedule of Assets Acquired and Liabilities Assumed

Golden Eagle International, Inc. and Advantego International, Inc.
Unaudited Proforma Condensed Combined Balance Sheet As of December 31, 2016
		Golden Eagle International, Inc.				Advantego Technologies, Inc.
		December 31, 2016				December 31, 2016					Adjustments				Proforma Combined
CURRENT ASSETS
Cash		$	44,020			$	2,091								$	46,111
Note receivable - related party			50,000				-		a			(50,000	)			-
Accrued interest receivable, note receivable - related party			822				-		b			(822	)			-
TOTAL CURRENT ASSETS			94,842				2,091									46,111
TOTAL ASSETS			94,842				2,091									46,111
CURRENT LIABILITIES
Accounts payable			4,500				-									4,500
Accounts payable-related party			1,440				70,806									72,246
Accrued interest, notes payable			822				-									822
Accrued interest, notes payable-related parties			21,125				822		b			(822	)			21,125
Notes payable-related parties (net of debt discount of  $6,022 and $0 for GEII and ATI, respectively)			54,590				50,000		a			(50,000	)			54,590
Notes payable (net of debt discount of $7,281 and $0 for GEII and ATI, respectively)			42,719				-									42,719
TOTAL CURRENT LIABILITIES			125,196				121,628									196,002
TOTAL LIABILITIES			125,196				121,628									196,002
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred stock 10,000,000 Shares Authorized; $0.01 Par Value; 240,000 issued and outstanding			2,400				-									2,400
Common Stock 1,000 Shares issued and Outstanding, No Par Value			-				1,000		c			(1,000	)			-
Common stock 2,000,000,000 Shares Authorized; $0.0001 Par Value;
159,883,328 shares issued and outstanding			15,988				-									15,988
Additional paid-in capital			65,240,407				-		c			1,000				(5,815	)
									d			(65,247,222	)
Accumulated deficit			(65,289,149	)			(120,537	)	d			65,247,222				(162,464	)
Total Equity			(30,354	)			(119,537	)								(149,891	)
Total liabilities and stockholders' deficit		$	94,842			$	2,091								$	46,111

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472

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X

- References

No definition available.

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