Enthusiast Gaming Holdings Inc. (Formerly J55 Capital Corp.)
Enthusiast Gaming Holdings Inc. (formerly J55 Capital Corp.) Condensed Consolidated Interim Financial Statements For the Three and Nine Months Ended September 30, 2019 (Unaudited in Canadian Dollars) MANAGEMENT'S COMMENTS ON UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS NOTICE TO READER PURSUANT TO NATIONAL INSTRUMENT 51-102 - CONTINUOUS DISCLOSURE OBLIGATIONS Under National Instrument 51-102, Continuous Disclosure Obligations, if an auditor has not performed a review of the interim financial statements, they must be accompanied by a notice indicating that the financial statements have not been reviewed by an auditor. The Company's independent auditor has not performed a review of these condensed consolidated interim financial statements in accordance with standards established by the Chartered Professional Accountants of Canada for a review of interim financial statements by an entity's auditor. 1 Enthusiast Gaming Holdings Inc. (formerly J55 Capital Corp.) Condensed Consolidated Interim Statements of Financial Position As at September 30, 2019 and December 31, 2018 (Unaudited – Expressed in Canadian Dollars) Note September 30, 2019 December 31, 2018 (audited) ASSETS Current Cash $ 7,199,360 $ 4,155,054 Investments 6 804,952 - Trade and other receivables 5 3,979,963 5,000 Loans receivable from related parties 17 209,778 - Promissory note receivable 7 - 1,705,125 Prepaid expenses 14 1,202,009 - Total current assets 13,396,062 5,865,179 Non-current Property and equipment, net 8 205,523 - Right of use asset - lease contract,
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