Lendified Holdings Inc. (formerly, Hampton Bay Capital Inc.)

Condensed Interim Financial Statements For the Three Months Ended March 31, 2020 Unaudited - Prepared by Management (Expressed in Canadian Dollars)

NOTICE OF NO AUDITOR REVIEW OF

CONDENSED INTERIM FINANCIAL STATEMENTS

In accordance with National Instrument 51-102 Part 4, subsection 4.3(3)(a), if an auditor has not performed a review of these condensed interim financial statements they must be accompanied by a notice indicating that these condensed interim financial statements have not been reviewed by an auditor.

The accompanying unaudited condensed interim financial statements of the Company have been prepared by and are the responsibility of the Company's management.

2

Lendified Holdings Inc. (formerly, Hampton Bay CapitalInc.)

Condensed Interim Statements of Financial Position Unaudited - Prepared by Management (Expressed in Canadian Dollars)

March 31,

December 31,

2020

2019

$

$

Assets

Current

Cash

844,965

1,078,064

Loan receivable (note 3)

225,080

-

Total Assets

1,070,045

1,078,064

Liabilities

Current

Accounts payable

9,390

9,390

Accrued liabilities

134,419

46,024

Total Liabilities

143,809

55,414

Shareholders' Equity

Share capital (note 4)

1,151,202

1,151,202

Reserves (note 5)

174,741

174,741

Accumulated deficit

(399,707)

(303,293)

Total Shareholders' Equity

926,236

1,022,650

Total Liabilities and Shareholders' Equity

1,070,045

1,078,064

Approved on behalf of the Board:

"Troy Wright" (signed)

"Pratik Bhandari" (signed)

CEO

CFO

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

3

Lendified Holdings Inc. (formerly, Hampton Bay CapitalInc.)

Condensed Interim Statements of Loss and Comprehensive Loss Unaudited - Prepared by Management (Expressed in Canadian Dollars)

Three months

Three months

ended March 31,

ended March 31,

2020

2019

$

$

Interest Income

3,421

-

General and Administrative Expenses

General and administrative

20,094

-

Professional fees

76,968

46,351

Listing fees

2,773

15,861

Other expenses

Stock option expense

-

21,952

Net Income/(Loss) and Comprehensive Income/(Loss)

(96,414)

(84,164)

Income/(Loss) Per Common Share - Basic and Diluted

(0.01)

(0.01)

Weighted Average Number of Common Shares

Outstanding - basic and diluted

15,819,500

12,947,561

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

4

Lendified Holdings Inc. (formerly, Hampton Bay CapitalInc.)

Condensed Interim Statements of Changes in Equity Unaudited - Prepared by Management (Expressed in Canadian Dollars)

Share Capital

Number of

Amount

Reserves Accumulated

Shareholders'

Deficit

Equity

shares

$

$

$

$

Balance, January 1, 2020

15,819,500

1,151,202

174,741

(303,293)

1,022,650

Issuance of common shares (Note 4)

-

-

-

-

-

Share issuance costs

-

-

-

-

-

Issuance of brokers warrants (Note 5)

-

-

-

-

-

Issuance of stock options (Note 5)

-

-

-

-

-

Net loss for the year

-

-

-

(96,414)

(96,414)

Balance, March 31, 2020

15,819,500

1,151,202

174,741

(399,707)

926,236

Balance, January 1, 2019

8,600,000

553,500

-

(64,343)

489,157

Issuance of common shares (Note 4)

7,219,500

661,255

-

-

661,255

Share issuance costs

-

(1,214)

-

-

(1,214)

Issuance of brokers warrants (Note 5)

1,214

-

1,214

Issuance of stock options (Note 5)

21,952

-

21,952

Net loss for the period

-

-

(84,164)

(84,164)

Balance, March 31, 2019

15,819,500

1,236,707

-

(148,507)

1,088,200

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

5

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Lendified Holdings Inc. published this content on 28 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2022 11:35:09 UTC.