PTS : Financials

PTS, Inc.

CONSOLIDATED FINANCIAL STATEMENTS

REPORT

FOR THREE MONTHS ENDED MARCH 31, 2022 AND 2021

Table of Contents

Consolidated Balance Sheet (Unaudited) 3

Consolidated Statement of Operations (Unaudited) 4

Consolidated Statement of Cash Flows (Unaudited) 5

Notes to Consolidated Financial Statements (Unaudited) 6

CONSOLIDATED BALANCE SHEETS

(Unaudited)

March 31, 2022 December 31, 2021

ASSETS

Current assets:

Cash and cash equivalents Receivables

Note receivable Prepaid

Total current assets

$

--------

$

---------

Investments

Other asset

Total assets

LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities:

Accounts payable and accrued liabilities

2,000,000 2,000,000

1,516,667 1,516,667

3,516,667 3,516,667

$ 42,400

$ 37,400

Total current liabilities 10,000

Total liabilities

Stockholders' Equity:

Preferred stock, $0.001 par value 10,000,000 authorized: none issued or outstanding

Common stock, $0.001 par value 200,000,000 authorized 1,945,258 and 1,945,258 issued and outstanding, respectively

Additional paid in capital

Accumulated deficit Total stockholders' equity

Total liabilities and stockholders' equity

42,400 37,400

--1,945 5,918,055 (2,445,733)

1,945 5,918,055 (2,440,733)

3,474,267

$ 3,516,667

3,479,267 $ 3,516,667

The accompanying notes are an integral part of these unaudited consolidated financial statements.

--

3

CONSOLIDATED STATEMENTS OF OPERATIONS FOR THREE MONTHS ENDED MARCH 31, 2022 AND 2021,

(Unaudited)

Expenses Operating expenses:

General and administrative expense Impairment of note receivable Income (loss) from operations

Other income(expense)

Write down of assets

Net income (loss)

2022

$

2021

$ (5,000)

5,000	$	--
(5,000)	$	--
$	--

Net loss per share, basic and diluted

$

(0.00)

$ 0.00

Weighted average number of shares outstanding

1,945,258

1,945,258

The accompanying notes are an integral part of these unaudited consolidated financial statements.

4

PTS, INC

STATEMENTS OF SHAREHOLDERS' EQUITY FOR THE THREE MONTHS ENDED MARCH 31,

(Unaudited)

Description	Common stock $0.001 par value
Additional Paid	Accumulated	Stockholders'
Shares	Amount	in Capital	Deficit	Deficit

Balance at December 31, 2020	1,945,258	1,945	5,918,055	(2,413,333)	3,506,667
Net loss	--	--	--	--	--
Balance at March 31, 2021	1,945,258	1,945	5,918,055	(2,413,333)	3,506,667
Balance at December 31, 2021	1,945,258	1,945	5,918,055	(2,440,733)	3,479,267
Net loss	--	--	--	(5,000)	(5,000)
Balance at March 31, 2022	1,945,258$	1,945	$5,918,055

$(2,445,733) $ (3,474,267)