Pazoo Inc. (PZOO)

[lucky, mydog]

In the three month period ended March 31, 2016, we had outstanding 24,730,296 common shares, 553,449 Series A Preferred Stock shares, 1,762,500 Series B preferred stock, and 2,169,930 shares of Series C Preferred Stock shares to fund business operations and invest in companies.

Our total assets were $2,308,823 as of March 31, 2016, which primarily consisted of fixed assets of 703,337, intangible assets of 1,565,570, and cash and cash equivalents of $30,625.

We had negative working capital of $7,098,307 as of March 31, 2016.

Our total liabilities were $8,723,806 which was mainly comprised of derivative liabilities of $3,618,509, capital lease of 223,135, convertible debt of $1,392,973 and contingent consideration liabilities of $713,581.

Our total stockholder’s deficit as of March 31, 2016 was $6,414,984 and we had a retained deficit of $16,240,716 through the same period.

We used $413,264 in net cash for operating activities for the three months ended March 31, 2016, which included a net loss of $4,342,042.

We had $427,070 net cash provided by financing activities in the three month period ended March 31, 2016 due primarily to borrowings on convertible notes.