BRAMPTON CREST INTERNATIONAL INC

CIK:0001321002|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	Jun. 30, 2011	Jun. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Revenue	$ 0	$ 6,214	$ 2,024	$ 6,246
Cost of Sales	0	3,107	0	3,107
Gross Profit	0	3,107	2,024	3,139
Selling, General and Administrative Expenses	73,375	266,831	181,398	800,309
Loss from Operations	(73,375)	(263,724)	(179,374)	(797,170)
Other Income (Expense)
Impairment of Assets	0	0	0	0
Interest Expense	0	(123,500)	(62,500)	(300,000)
Interest Income	2	489	4	641
Total Other Income (Expense)	2	(123,011)	(62,496)	(299,359)
Loss Before Income Taxes	(73,373)	(386,735)	(241,870)	(1,096,529)
Income Tax Benefit	0	0	0	0
Net Loss	$ (73,373)	$ (386,735)	$ (241,870)	$ (1,096,529)
Loss Per Share-Basic and Diluted (in dollars per share)	$ 0	$ 0	$ 0	$ (0.01)
Weighted Average Common Shares Outstanding -Basic and Diluted (in shares)	200,000,000	190,949,124	200,000,000	177,432,930

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	Sep. 30, 2011	Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (241,870)	$ (1,096,529)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	60,000	90,000
Impairment of Fixed Assets	0	0
Amortization of Note Discount	0	290,000
Stock Issued for services rendere	0	452,745
Decrease (Increase) in assets:
Accounts Receivable	0	10,000
Prepaid Expenses and Deposits	0	714
Increase (Decrease) in liabilities:
Accounts payable and accrued expenses	170,786	(126,469)
Net Cash Used In Operating Activities	(11,084)	(379,539)
Cash Flows from Investing Activities
Marketable Securities redeemed (purchased)	0	(16,621)
Fixed Assets Purchased	0	(1,250)
Net Cash (Used In) Provided by Investing Activities	0	(17,871)
Cash Flows from Financing Activities
Private Placement-Net of expenses	0	250,000
Stock Issued for Note Payable	9,391	0
Net Cash Provided by (Used In) Financing Activities	9,391	250,000
NET DECREASE IN CASH AND CASH EQUIVALENTS	(1,693)	(147,410)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	1,693	165,101
CASH AND CASH EQUIVALENTS, END OF PERIOD	0	17,691
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Interest paid during the period	0	8,000
Income taxes paid during the period	$ 0	$ 0

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2011	Dec. 31, 2010
ASSETS
Cash and Cash Equivalents	$ 0	$ 1,693
Accounts Receivable	0	0
Total Current Assets	0	1,693
PROPERTY AND EQUIPMENT, net	22,555	82,555
Other Assets:
Deposits and Prepaid Expenses	0	0
TOTAL ASSETS	22,555	84,248
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)
Accounts Payable	151,245	117,127
Accrued Expenses	136,668	0
Due to Related Party	95,926	95,926
Current Portion of Notes Payable	268,108	407,500
Total Current Liabilities	651,947	620,553
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY (DEFICIENCY)
Preferred stock, $.001 par value; 300,000,000 shares authorized, 264,000,000 shares and -0- shares issued and outstanding as of March 31, 2011 and December 31, 2010	20	20
Common stock, $.001 par value; 950,000,000 shares authorized, 190,949,124 and 200,000,000 shares issued and outstanding at June 30, 2011 and December 31, 2010 (respectively)	200,000	190,609
Additional Paid in Capital	14,911,325	14,771,933
Accumulated Deficit	(15,740,737)	(15,498,867)
TOTAL STOCKHOLDERS' DEFICIENCY	(629,392)	(536,305)
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIENCY)	$ 22,555	$ 84,248