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Bloomsmore Group Ltd

FORMERLY Tarsier Ltd

CONSOLIDATED FINANCIAL STATEMENTS

For the Years Ended

May 31, 2021 and 2020

(UNAUDITED)

BLOOMSMORE GROUP LTD (FORMERLY TARSIER LTD)

FOR THE YEARS ENDED MAY 31, 2021 AND 2020

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

Financial Statements

Consolidated Balance Sheets (Unaudited) at May 31, 2021 and 2020

F-1

Consolidated Statements of Operations (Unaudited) for the years ended May 31, 2021 and 2020

F-2

Consolidated Statements of Stockholders' Deficit (Unaudited) for the years ended May 31, 2021 and 2020

F-3

Consolidated Statements of Cash Flows (Unaudited) for the years ended May 31, 2021 and 2020

F-4

Notes to Unaudited Consolidated Financial Statements

F-5

-1-

BLOOMSMORE GROUP LTD (FORMERLY TARSIER LTD)

CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

May 31,

May 31,

2021

2020

ASSETS

Total assets

$

-

$

-

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

Current liabilities

Accrued interest

$

738,596

$

589,106

Convertible notes payable

438,890

438,890

Notes payable

259,500

259,500

Related party advances

109,545

84,545

Derivative liability

6,038,786

939,076

Total liabilities

7,585,317

2,311,118

Commitments and contingencies (Note 5)

Stockholder's equity (deficit)

Preferred stock, $0.001 par value, 10,000,000 shares authorized;

Series C: 100,000 issued and outstanding

100

100

Common stock, $0.001 par value; 150,000,000 shares authorized 63,219,237

issued and outstanding

63,219

63,219

Common stock to be issued

5,300

5,300

Additional paid in capital

8,986,786

8,986,786

Accumulated deficit

(16,640,722)

(11,366,522)

Total stockholders' equity (deficit)

(7,585,317)

(2,311,117)

Total liabilities and stockholders' equity (deficit)

$

0

$

0

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

F-1

BLOOMSMORE GROUP LTD

(FORMERLY TARSIER LTD)

CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

For the years ended

May 31,

2021

2020

Revenues

$

-

$

-

Operating expenses:

Personnel expenses

25,000

25,000

Total operating expenses

25,000

25,000

Net operating loss

(25,000)

(25,000)

Other income (expense):

Interest expense

(149,489)

(149,489)

Change in fair value of derivative liabilities

(5,099,711)

(111,131)

Total other income (expense)

(5,249,200)

(260,620)

Net loss

$

(5,274,200)

$

(285,620)

Basic and diluted loss per share

$

(0)

$

(0)

Weighted average number of shares outstanding, basic and diluted

63,219,000

63,219,000

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

F-2

BLOOMSMORE GROUP LTD

(FORMERLY TARSIER LTD)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT

FOR THE YEARS ENDED MAY 31, 2021 AND 2020

(UNAUDITED)

Series C

Preferred Stock

Shares

Amount

Balance, June 1, 2019

100,000

100

Common Stock

Common Stock

Additional Paid-In

Shares

Amount

To Be Issued

Capital

63,219,237

63,219

5,300

8,986,786

Accumulated

DeficitTotal

(11,080,902)(2,025,497)

Net loss

-

-

-

-

-

-

(285,620)

(285,620)

Balance, May 31, 2020

100,000

$

100

63,219,237

$

63,219

$

5,300

$

8,986,786

$

(11,366,522)

$

(2,311,117)

Net loss

-

-

-

-

-

-

(5,274,200)

(5,274,200)

Balance, May 31, 2021

100,000

$

100

63,219,237

$

63,219

$

5,300

$

8,986,786

$

(16,640,722)

$

(7,585,317)

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

F-3

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Tarsier Ltd. published this content on 23 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2021 16:19:02 UTC.