EXHIBIT 99.3
Nutek, Inc.
CONSOLIDATED PRO FORMA
FINANCIAL STATEMENTS
for the period ending
December 31, 1999
Nutek, Inc.
15722 Chemical Lane
Huntington beach, California 92649
The following financial statements set forth summary pro forma financial date of the Company. The Company has
prepared pro forma balance sheets and statements of operations for the periods ending December 31, 1999. The
pro forma financial statements are based on historical financial statements of Nutek, Inc., Elite Fitness, Inc. and
Kristi and Co, Inc. adjusted to give effect to the combination resulting from the asset purchase agreement of Elite
Fitness, Inc. in April of 1999 and Kristi and Co., Inc. in March of 2000. The pro forma balance sheet has been
prepared based on the assumption that the transactions occurred on January 1, 1999. The pro forma statements
of operation are based on the assumption that the transaction occurred on January 1, 1998.
Nutek, Inc.
CONSOLIDATED PRO FORMA
BALANCE SHEET
AS AT
DECEMBER 31, 1999
TABLE OF CONTENTS
PAGE
BALANCE SHEET.......................... F-1-2
STATEMENT OF OPERATIONS............ F-3
NOTES TO FINANCIAL STATEMENTS......... F-4
BALANCE SHEET - ASSETS
Pro Forma Pro Forma Pro Forma Combined
Nutek, Inc.& Kristi & Co Adjustments Company
Elite Fitness,
Inc.
ASSETS
CURRENT ASSETS
Cash 81,404 0 81,404
Accounts Receivable
(Net of Reserves) 75,706 0 75,706
Inventory 40,463 0 40,463
------------------------------------------------------
Total Current Assets 197,573 0 0 197,573
Nutek, Inc.
15722 Chemical Lane
Huntington beach, California 92649
The following financial statements set forth su