Connexus Corporation (CNXS)

[OTCRIDER]

FORM 10-Q
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10686296


Our object is to become one of the largest beef cattle operations in the United States on the basis of a shared economic model that
provides regular and stable cash flow to contract cattlemen (landowners). We expect to benefit from economies of scale, efficiencies
and operating leverage, which is not available to the small rancher. Further, we will largely limit our use of financial leverage to
financing our highly liquid inventory - the cattle themselves - without bearing the capital cost of land acquisition and ownership.


CNXS Security Details
Share Structure
Market Value1 $5,362 a/o Aug 10, 2015
Authorized Shares Not Available
Outstanding Shares 2,978,983 a/o Jan 31, 2015
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float Not Available
Par Value Not Available
http://www.otcmarkets.com/stock/CNXS/profile




Total Liabilities 3,560,680

STOCKHOLDERS' DEFICIT:
Preferred stock Series B, $0.001 par value, 8% dividend: 13,000 shares authorized;
13,000 shares issued and outstanding at March 31, 2015 and June 30, 2014,
respectively. Liquidation Preference of $13,000,000 and $13,239,342 at March 31, 2015
and June 30, 2014, respectively 13 13
Preferred stock Series C, $0.001 par value, 8% dividend: 7,000 shares authorized;
7,000 and 7,000 shares issued and outstanding at March 31, 2015 and June 30, 2014,
respectively. Liquidation Preference of $7,000,000 and $7,128,877 at March 31, 2015
and June 30, 2014, respectively 7 7
Common stock at $0.001 par value: 10,000,000,000 shares authorized;
6,241,096 and 731,742 shares issued and outstanding at March 31, 2015 and June 30,
2014, respectively

At March 31, 2015, our total current liabilities increased to $3,560,680 from $3,109,042 at June 30, 2014. The increase was due to an
increased derivative liability balance of $30,824, an increased balance of accounts payable $133,989 and an increased accrued expense
balance of $506,800. This was partially offset by a decreased accrued dividend payable of $368,219 due to the forfeiture of the
dividends on Preferred stock.


Concurrent with the 1:1000 reverse split on January 12, 2015 (See Note 15 below), the share count was reduced from approximately
2.4 billion to 2.4 million. However, the authorized shares remained the same. Since there are now ample shares of common stock to be
issued on conversion, this liability is $-0-at March 31, 2015