SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Event Requiring Report: September 10, 2002
TELCO BLUE, INC.
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(Exact Name of Small Business Issuer as specified in its charter)
Delaware 43-1798970
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(State of incorporation) (IRS Employer File No.)
1004 Depot Hill Rd. Suite 1E, Broomfield, Colorado 80020
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Thomas F. Pierson, Esq.
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(Name of agent for service)
(303) 404-9904
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(Telephone number, including area code, of agent for service)
Item 7. FINANCIAL STATEMENTS
(a)
(b) Pro Forma Financial Information.
Pursuant to the Company's 8-K filed September 24, 2002 with the
Securities and Exchange Commission, wherein the Company announced
it entered into an Agreement and Plan of Reorganization with
Better Call Home, Inc. a Nevada corporation, the following pro
forma financial is provided.
Pro Forma Consolidated Condensed Balance Sheet
The following pro forma balance sheet has been derived from the balance sheet of
Telco Blue, Inc. ("Telco Blue") at December 31, 2001 and adjusts such
information to give effect to the acquisition of Better Call Home, Inc. ("Better
Call"), as if the acquisition had occurred at August 31, 2002. The pro forma
balance sheet is presented for informational purposes only and does not purport
to be indicative of the financial condition that would have resulted if the
acquisition had been consummated at August 31, 2002. The pro forma balance sheet
should be read in conjunction with the notes thereto and the Company's financial
statements and related notes thereto contained elsewhere in this filing.
A pro-forma consolidated balance sheet is presented below.
Telco Blue Better Call
12/31/01 8/31/02 Adjustments Pro Forma
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Cash $ -- $ 75 $ -- $ 75
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$ -- $ 75 -- $ 75
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Accounts payable $ 20,225 $ 5,689 -- $ 25,914
Shareholder notes payable 148,005 -- -- 148,005
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168,230 5,689 -- 173,919
Stockholders' Equity (Deficit)
Common stock, $.001 par value,
75,000,000 shares authorized,
30,000,000 shares issued
and outstanding 17,780 1,000 11,220 30,000
Additional paid in capital 95,220 -- (95,220) --
Accumulated deficit (281,230) (6,614) 84,000 (203,844)
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$ -- $ 75 $ 75
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Notes to Pro Forma Consolidated Condensed Balance Sheet
(1) Issuance of 16,000,000 shares of common stock of Telco Blue for all of the
outstanding stock of Better Call.
(2) Prior to the reorganization, Telco Blue issued 2,285,000 common shares of
pre 1 for 5 reverse stock split for compensation and 9,987,000 common shares of
post 1 for 5 reverse stock split.
(3) In August 2002, Telco Blue authorized a 1 for 5 reverse split of Telco
Blue's common stock.
After the reorganization and stock purchase there will be 30,000,000 shares of
common stock outstanding of the combined entity.
(c) Exhibits.
None
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report on Form 8-K to be signed on
its behalf by the undersigned hereunto duly authorized this __ day of September,
2002.
By /s/Ronald McIntyre
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Ronald McIntyre
CEO, Director
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