Cryptoblox Technologies Inc C.BLOX

RE:RE:RE:Dec 30 2020 19:24:11 ET Interim financial statements

[Justcall6969]

Joseisok wrote: Go to paragraph 4 related party transactions

Joseisok wrote: https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00036968&issuerType=03&projectNo=03156869&docId=4863817

EXTREME VEHICLE BATTERY TECHNOLOGIES CORP.

(formerly Global Elsimate Capital Corp.)
Interim Consolidated Statements of Financial Position (Expressed in Canadian dollars)
(Unaudited – Prepared by Management)

Assets Current assets

Cash
Accounts receivable Short-term investment

Total current assets Non-current assets

Equipment (Note 5)
Intangible asset- License (Note 6)

Total non-current assets Total assets

Liabilities and shareholders’ equity (deficit)

Current liabilities

Accounts payable and accrued liabilities (Note 4) Due to related parties (Note 4)
Notes payable (Note 7)
Income tax payable

Long Term Liabilities

Long term liability of license acquisition fee Loan payable

Total liabilities

Shareholders’ equity (deficit)

Share capital (Note 8) Equity reserves

Accumulated other comprehensive loss Deficit

Total shareholders’ equity (deficit)
Total liabilities and shareholders’ equity (deficit)

Nature of operations and going concern (Note 1) Subsequent events (Note 14)

October 31, 2020

January 31, 2020

   

$$

   

173,348 74,929 1

248,278

- 1,000,000

1,000,000 1,248,278

1,153,247 469,475 - 4,332

400,000 40,000

2,067,054

15,443,978 1,755,56

(4,117) (18,014,201)

(818,776)

1,248,278

152,698 - 1

152,699

- -

- 152,699

714,557 699,470 43,108 4,332

- 40,000

1,461,467

13,758,978 1,754,030

(4,011) (16,817,765)

(1,308,768) 152,699

                              

Approved and authorized for issuance by the Board of Directors on December 30, 2020:

/s/ “Ric Wilson” /s/ “Bryson Goodwin”

Ric Wilson, Audit Committee Chair Bryson Goodwin, CEO
(The accompanying notes are an integral part of these interim consolidated financial statements)

 

4

EXTREME VEHICLE BATTERY TECHNOLOGIES CORP.

(formerly Global Elsimate Capital Corp.)
Interim Consolidated Statements of Comprehensive Loss (Expressed in Canadian dollars)
(Unaudited – Prepared by Management)

Three months ended October 31, 2020

Three months ended October 31, 2019

Nine months ended October 31, 2020

Nine months ended October 31, 2019

            

$$$$

                  

Revenue $ -

Expenses
Advertising
Amortization (Note 5) - Consulting fees (Note 4)
Foreign exchange loss
Interest expense (Note 7) - Office and general (Note 4)
Professional fees
Salaries and wages (Note 4)

Share-based compensation (Note 10) 24,098

1,445 -

28,328 425,750 - -

15,000 152,000

(1,558) 920 221 -

9,733 43,016 38,702 241,324 78,750 375,000

- 24,098

169,176 1,262,108

(167,731) (1,262,108) - 65,672

(167,731) (1,196,436) (86) (106)

(167,817) (1,196,542)

(0.00) (0.00)

$

20,771

93,914 1,148 53,829 11,129 656 36,979 159,681 246,750

- 604,086

(583,315) -

(583,315) (1,020)

(584,335)

(0.01) 54,732,540

            

27,500

17,324

127,156

75,000

134,000 (57)

         

Total expenses
Loss before other income

405,021 (405,021)

            

Write-off of note Payable -

   

Net loss for the period
Other comprehensive income (loss)

(405,021) 108

Net loss and comprehensive loss for the $
period (404,913)

Basic and diluted loss per share $ (0.00)

$ $

Weighted average number of shares
outstanding 280,599,496 54,732,540 241,543,151

(The accompanying notes are an integral part of these interim consolidated financial statements)

5

EXTREME VEHICLE BATTERY TECHNOLOGIES CORP.

(formerly Global Elsimate Capital Corp.)
Interim Consolidated Statements of Changes in Shareholders’ Equity (Deficit) (Expressed in Canadian dollars)
(Unaudited – Prepared by Management)

    

Share capital

Number of Amount
shares $ s

Accumulated other

comprehensive loss

$

(2,945) (1,020) (3,965)

(4,011)

– _

_ _ -

(106) (4,117)

Total shareholders’ equity (deficit) $

(556,976) (584,335)

(1,141,311)

(1,308,768)

1,435,000 150,000 100,000

24,098

(22,564) (1,196,542)

(818,776)

Equity reserve

Deficit $

(16,067,039) (583,315)

(16,650,354)

(16,817,765)

– _

_ _ –

(1,196,436)

(18,014,201)

        

Balance, January 31, 2019 Net loss for the period

Balance, October 31, 2019

Balance, January 31, 2020

Shares issued pursuant to private placement, net of share issuance cost (Note 8)

Shares issued for debt settlement

Shares issued for license acquisition

Share based payment

Write-off loan discount reserve

Net loss for the period

Balance, October 31, 2020

54,732,540 – 54,732,540

54,732,540

232,920,000 18,000,000

8,000,000 _ –

– 313,652,540

13,758,978 – 13,758,978

13,758,978

1,435,000 150.000 100,000

_

– –

15,443,978 888

$ 1,754,030

–

1,754,030

1,754,030

– _ _

24,098

(22,564) –

1,755,564

                            

(The accompanying notes are an integral part of these interim consolidated financial statements)

6

//

EXTREME VEHICLE BATTERY TECHNOLOGIES CORP.

(formerly Global Elsimate Capital Corp.)
Interim Consolidated Statements of Cash Flows (Expressed in Canadian dollars)
(Unaudited – Prepared by Management)

Operating activities

Net loss from continuing operations

Nine months ended October 31,

Nine months ended October 31, 2019

    

2020 $$

     

Items not involving cash:
Amortization _ 1,148

Non-cash interest expense Share-based compensation Write-off of note payable Write-off of loan discount reserve

Changes in non-cash working capital items: Accounts payable and accrued liabilities Debt settlement in share
Loan payable

Accounts receivable
Deposit and prepaid expense in share Acquisition of license in share
Due to related parties

Net cash used in operating activities Investing activities

Net cash provided by (used in) investing activities Financing activities

Proceeds from issuance of shares

Net cash provided by financing activities Effect of foreign currency translation Increase (decrease) in cash
Cash, beginning

Cash, ending
Non-cash investing and financing activities:

Fair value of shares issued to settle debt
Fair value of shares issued for acquisition of license Fair value of shares issued for finder’s fee

Supplemental disclosures: Interest paid
Income taxes paid

– 656 24,098 - (43,108) - (22,564) -

838,690 14,324 150,000 - 40,000 - (74,924) (11) 100,000 - (1,000,000) - (229,995) 549,901

(1,414,244) (17,297)

- -

1,435,000 -

1,435,000 - (106) (1,020) 20,650 (18,317) 152,698 21,569 173,348 3,252

150,000 – 100,000 – 6,000 –

– – – –

(1,196,436) (583,315)

                                             

(The accompanying notes are an integral part of these interim consolidated financial statements)

Actual Financials as of Year end