$GRNL
GREENLITE VENTURES INC
CIK:0001282571|SEC Filings
|
STATEMENT OF CASH FLOWS (USD $)
|
6 Months Ended | 141 Months Ended | |
|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
|
| Cash Flows from Operating Activities: | |||
| Net Loss | $ (224,223) | $ (50,799) | $ (915,679) |
| Amortization/Impairment | 3,000 | 7,500 | 21,750 |
| Stock Issued for Services | 15,000 | 0 | 291,667 |
| (Increase)Decrease in: | |||
| Prepaid Expenses | 112,391 | 0 | 0 |
| Increase(Decrease) in: | |||
| Accounts Payable | 67,872 | 24,590 | 181,409 |
| Interest Payable | 0 | 0 | 5,754 |
| Net Cash Used by Operating Activities | (25,960) | (18,709) | (415,099) |
| Cash Flows from Financing Activities: | |||
| Proceeds from Issuance of Debt | 15,500 | 14,485 | 60,000 |
| Proceeds Related to Issuance of Common Stock | 0 | 0 | 355,833 |
| Cash Provided by Financing Activities | 15,500 | 14,485 | 415,833 |
| Net Increase (Decrease) in Cash | (10,460) | (4,224) | 734 |
| Cash at Beginning of Period | 11,194 | 8,042 | 0 |
| Cash at End of Period | $ 734 | $ 3,818 | $ 734 |
|
BALANCE SHEET (USD $)
|
Sep. 30, 2012
|
Mar. 31, 2012
|
|---|---|---|
| Current Assets | ||
| Cash | $ 734 | $ 11,194 |
| Prepaid Consulting | 0 | 112,391 |
| Total Current Assets | 734 | 123,585 |
| Other Asset - Marketing Rights | 38,250 | 41,250 |
| TOTAL ASSETS | 38,984 | 164,835 |
| Current Liabilities | ||
| Accounts Payable and Accrued Expenses | 181,409 | 113,537 |
| Loans Payable | 60,000 | 44,500 |
| Interest Payable | 5,754 | 5,754 |
| Total Current Liabilities | 247,163 | 163,791 |
| Long Term Debt | 0 | 0 |
| Stockholders' Equity | ||
| Common Stock, $0.001 par value 400,000,000 shares authorized, 100,466,664 shares issued | 100,467 | 24,616 |
| Additional Paid in Capital | 607,033 | 667,884 |
| Deficit Accumulated during the Exploration Stage | (915,679) | (691,456) |
| Total Stockholders' Equity/(Deficit) | (208,179) | 1,044 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT) | $ 38,984 | $ 164,835 |