IFCI INTERNATIONAL CORP.
CIK:0001435039|SEC Filings
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Statements of Operations (USD $)
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3 Months Ended | 59 Months Ended | |
|---|---|---|---|
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Mar. 31, 2012
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Mar. 31, 2011
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Mar. 31, 2012
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| Revenues {1} | |||
| Exploration costs | $ 2,500 | ||
| Selling, general and administrative | 5,973 | 4,797 | 119,091 |
| Operating loss before income taxes | (5,973) | (4,797) | (121,591) |
| Net loss available to common stockholders | (5,973) | (4,797) | (121,591) |
| Basic and diluted loss per common share | $ 0.00 | $ 0.00 | |
| Weighted average shares outstanding | 55,500,000 | 55,500,000 | |
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Statements of Cash Flows (USD $)
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3 Months Ended | 59 Months Ended | |
|---|---|---|---|
|
Mar. 31, 2012
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Mar. 31, 2011
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Mar. 31, 2012
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| Cash flows from operating activities: | |||
| Net loss | $ (5,973) | $ (4,797) | $ (121,591) |
| Mining expense contributed by related party | 2,500 | ||
| Increase (decrease) in accounts payable | (2,002) | (5,360) | 8,055 |
| Net cash used in operating activities | (7,975) | (10,157) | (111,036) |
| Cash received from stock subscriptions receivable | 9,250 | ||
| Contributed capital | 7,975 | 10,157 | 101,786 |
| Net cash provided by financing activities | $ 7,975 | $ 10,157 | $ 111,036 |
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Balance Sheets (USD $)
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Mar. 31, 2012
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Dec. 31, 2011
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|---|---|---|
| ASSETS | ||
| Accounts payable | $ 8,055 | $ 10,057 |
| Total current liabilities | 8,055 | 10,057 |
| Common stock, par value $0.001, 450,000,000 shares authorized, 55,500,000 shares issued and outstanding | $ 55,500 | $ 55,500 |
| Additional paid-in capital | 58,036 | 50,061 |
| Deficit accumulated during the development stage | (121,591) | (115,618) |
| Total stockholders' deficit | $ (8,055) | $ (10,057) |