Tarsier : Bloomsmore Group Ltd Financials Quarter Ended Aug 31 2021

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Bloomsmore Group Ltd

FORMERLY Tarsier Ltd

CONSOLIDATED FINANCIAL STATEMENTS

For the Three Months Ended

August 31, 2021

(UNAUDITED)

BLOOMSMORE GROUP LTD (FORMERLY TARSIER LTD)

FOR THE THREE MONTHS ENDED AUGUST 31, 2021
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
Financial Statements
Consolidated Balance Sheets (Unaudited) at August 31, 2021 and May 31, 2021	F-1
Consolidated Statements of Operations (Unaudited) for the three months ended August 31, 2021 and 2020	F-2
Consolidated Statements of Stockholders' Deficit (Unaudited) for the three months ended August 31, 2021	F-3
Consolidated Statements of Stockholders' Deficit (Unaudited) for the three months ended August 31, 2020	F-4
Consolidated Statements of Cash Flows (Unaudited) for the three months ended August 31, 2021 and 2020	F-5
Notes to Unaudited Consolidated Financial Statements	F-6

-1-

BLOOMSMORE GROUP LTD (FORMERLY TARSIER LTD)

BALANCE SHEETS

(UNAUDITED)

		August 31,			May 31,
		2021			2021
ASSETS
Cash	$	970	$	-
		970			-
Note receivable		15,000			-
Total assets	$	15,970		$	-
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities
Accrued interest	$	776,548	$	738,596
Convertible notes payable, net of discount		451,191			438,890
Notes payable		259,500			259,500
Related party advances		109,645			109,545
Derivative liability		2,259,872			6,038,786
Total liabilities		3,856,756			7,585,317
Commitments and contingencies (Note 5)
Stockholder's equity (deficit)
Preferred stock, $0.001 par value, 10,000,000 shares authorized;
Series C: 100,000 and 50,000 issued and outstanding as of August 31, 2021
and May 31, 2021, respectively		50			100
Common stock, $0.001 par value; 150,000,000 shares authorized; 110,719,237
and 63,219,237 issued and outstanding as of August 31, 2021 and May 31, 2021,
respectively		110,719			63,219
Common stock to be issued		5,300			5,300
Additional paid in capital		8,939,336			8,986,786
Accumulated deficit		(12,896,191)			(16,640,722)
Total stockholders' equity (deficit)		(3,840,786)			(7,585,317)
Total liabilities and stockholders' equity (deficit)	$	15,970	$	-

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

F-1

BLOOMSMORE GROUP LTD (FORMERLY TARSIER LTD)

STATEMENTS OF OPERATIONS

(UNAUDITED)

For the three months ended

August 31,

		2021			2020
Revenues	$	-		$	-
Operating expenses:
Personnel expenses		15,000			-
General & administrative expenses		17,130			-
Professional fees		2,000			-
Total operating expenses		34,130			-
Net operating loss		(34,130)			-
Other income (expense):
Interest expense		(37,953)			(23,725)
Amortization of debt discount		(1,472)			-
Change in fair value of derivative liabilities		3,818,086			101,445
Total other income (expense)		3,778,661			77,720
Net loss	$	3,744,531		$	77,720
Basic and diluted income per share	$	0.00		$	0.00
Weighted average number of shares outstanding, basic and diluted		67,916,802			67,916,802

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

F-2

BLOOMSMORE GROUP LTD

(FORMERLY TARSIER LTD)

STATEMENTS OF STOCKHOLDERS' DEFICIT

FOR THE THREE MONTHS ENDED AUGUST 31, 2021

(UNAUDITED)

Balance, June 1, 2021

Conversion of Series C Preferred stock to common stock

Cancellation of Common Stock

Net income

Balance, August 31, 2021

Series C

Preferred Stock

SharesAmount

100,000	$	100
(50,000)		(50)

--

50,000 $ 50

	Common Stock	Common Stock		Additional Paid-In
Shares			Amount			To Be Issued		Capital

63,219,237

$

63,219

$

5,300

$

8,986,786

	50,000,000			50,000			-			(49,950)
	(2,500,000)			(2,500)			-			2,500
	-			-			-			-
	110,719,237		$	110,719		$	5,300		$	8,939,336

		Accumulated
		Deficit			Total
	$	(16,640,722)		$	(7,585,317)
		-			-
		-			-
		3,744,531			3,744,531
	$	(12,896,191)		$	(3,840,786)

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

F-3