UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTSConsolidated Financial Statements • July 7th, 2015 • Efactor Group Corp. • Services-business services, nec
On July 1, 2014, EFactor Group Corp. (the “Company”) entered into an Exchange Agreement (the “Agreement”) by and among the Company, Member Digital Ltd., an entity organized under laws of the England and Wales (“Member Digital”), and the shareholders of Member Digital (the “Sellers”). On the same date, the parties consummated the transaction, pursuant to which the Sellers sold, and the Company purchased, all of Member Digital’s outstanding capital stock (the “Transaction”), in exchange for 1,250,000 unregistered shares of the Company’s common stock (“Common Stock”).
