U.S. Securities and Exchange Commission
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934
Date of Report (Date of earliest event reported): June 17, 1999
GREEN MACHINE DEVELOPMENT CORP.
(Exact name of registrant as specified in its charter)
Florida 333-6388 65-0594832
State or other jurisdiction (Commission (IRS Employer
of incorporation File Number) Identification No.)
200 MacFarlane Drive, Suite 405, Delray Beach, FL 33483
(Address of principle executive offices) (Zip Code)
Registrant's telephone number, including area code: (561) 276-8226
Item 7. Financial Statements and Exhibits
(b) Pro Forma Financial Information
(1) Pro forma Balance Sheet and Statement of Income which give effect
to the acquisition of Green Machine Management Corp., through
it's contribution to capital by a common shareholder.
VIVA GOLF MANUFACTURING, INC.
PROFORMA BALANCE SHEET DATA
MARCH 31, 1999
(in thousands)
Viva Golf Green Machine
Mfg., Inc Manage. Corp Adjustments Proforma
ASSETS
Current assets
Cash $-0- $61 $-0- $61
Marketable Securities -0- 4 -0- 4
____ ___ ____ ___
Total current assets -0- 65 -0- 65
Property & equipment (net) 1 -0- -0- 1
Other assets
Organization costs 5 -0- -0- 5
Investment in real estate -0- 389 -0- 389
Deposits on real estate -0- 15 -0- 15
___ ___ ___ ___
Total other assets 5 404 -0- 409
___ ___ ___ ___
Total assets 6 469 -0- 475
LIABILITIES & STOCKHOLDERS' EQUITY
Current liabilities
Mortgage payable -0- 40 -0- 40
Notes & loans payable 90 472 12 (a) 562
Accrued expenses -0- 12 -0- 12
___ ___ ___ ___
Total current liabilities 90 524 12 626
Stockholders' equity
Common stock 12 1 (12) (a) 1
Accumulated deficit (96) (56) -0- (152)
____ ____ ____ _____
Total stkholders equity (84) (55) (12) (151)
____ ____ ____ _____
Total liab. & stkholders' eq.$ 6 $(469) $-0- $475
(a) recapitalization of company
VIVA GOLF MANUFACTURING, INC.
PROFORMA INCOME STATEMENT DATA
FOR THE YEAR ENDED MARCH 31, 1999
(in thousands)
Revenues $-0- $ 7 $-0- $ 7
Operating expenses 10 45 -0- 55
___ ___ ___ ___
Net loss (10) $(38) $-0- $(48)
The unaudited pro forma financial statements of Viva Golf Manufacturing, Inc.
as of and for the year ended March 31, 1999 have been prepared based on the
historical data of the registrant, as adjusted to reflect the business
combination of Green Machine Management Corp. as if the transaction had been
effective as of April 1, 1998. The pro forma income statement data may not be
indicative of the future results of operations or what the actual results of
operations whoudl have been had the combination of entities has been effective
earlier.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this amendment to be signed on its behalf by the
undersigned, thereunto duly authorized.
Green Machine Development, Corp.
/S/
May 26, 2000 June-Ann Fox, President
