Dolat Ventures, Inc.

CIK:0001436568|SEC Filings

STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013	Aug. 31, 2012
Income Statement [Abstract]
Revenue
Costs of revenues
Gross Margin
Operating expenses:
Stock Issued for Services	84,500		84,500
Professional fees	501	648	101,917	7,393
Stock based compensation	74,600		74,600
General and administrative	9,007	8,150	98,493	11,291
Total operating expenses	168,608	8,798	270,510	18,684
Operating (Loss)	(168,608)	(8,798)	(270,510)	(18,684)
Other Income (Expense):
Interest expense	(1,973)		(2,890)
Derivative Income (Expense)	610,342	2,325	1,142,177	4,642
Total other income (expense)	608,369	2,325	1,145,067	4,642
Net Income (Loss) Before Taxes	439,761	(6,473)	(1,415,577)	(14,042)
Income Tax Provision
Net Income (Loss)	$ 439,761	$ (6,473)	$ (1,415,577)	$ (14,042)
Loss per Share, Basic & Diluted	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Weighted Average Shares Outstanding	141,271,797	98,966,362	130,619,079	98,966,362

STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	Aug. 31, 2013	Aug. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss for the Period	$ (1,415,577)	$ (14,042)
Adjustments to reconcile net loss to net cash used by operating activities:
Derivative (Income) Expense	1,142,177	4,642
Stock Based Compensation	74,600
Stock issued for services	84,500
Changes in Operating Assets and Liabilities
Decrease in Note Receivable		400
Increase (Decrease) in Accounts Payable and Accrued Expenses	(15,710)	20
Net Cash Used in Operating Activities	(130,010)	(18,264)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Shareholder Loans	5,015	8,650
Proceeds from Convertible Note Payable	125,000
Net Cash Provided by Financing Activities	130,015	8,650
Net (Decrease) Increase in Cash	5	(9,614)
Cash at Beginning of Period	2	10,216
Cash at End of Period	$ 7	$ 602

BALANCE SHEETS - USD ($)	Aug. 31, 2013	Feb. 28, 2013
Current assets
Cash	$ 7	$ 2
Total current assets	7	2
Total assets	7	2
Current liabilities
Accounts Payable and Accrued Expenses	14,477	30,212
Accounts Payable- Related Party	14,960	14,935
Shareholder Loan	38,482	33,467
Convertible Notes Payable	131,526	6,526
Convertible Notes Payable- Related Party	5,000	5,000
Derivative Liability	1,243,317	101,140
Total Current Liabilities	1,447,762	191,280
Total Liabilities	1,447,762	191,280
Stockholders' Equity/(Deficit):
Common Stock, Par value $0.001, Authorized 250,000,000 shares Issued 119,966,362 and 143,466,362, respectively	143,466	119,966
Additional paid-in capital	14,258,233	14,122,633
Accumulated Deficit	(15,854,435)	(14,438,858)
Total stockholders' deficit	(1,447,755)	(191,278)
Total liabilities and stockholders' deficit	7	2
Series A Preferred Stock [Member]
Stockholders' Equity/(Deficit):
Preferred Stock, Par value $0.001, Authorized 25,000,000 shares Series A Preferred Stock, 1,000,000 shares designated, no shares issued and outstanding ,Series B Preferred Stock, 24,000,000 shares designated, 4,981,350 shares issued and outstanding
Series B Preferred Stock [Member]
Stockholders' Equity/(Deficit):
Preferred Stock, Par value $0.001, Authorized 25,000,000 shares Series A Preferred Stock, 1,000,000 shares designated, no shares issued and outstanding ,Series B Preferred Stock, 24,000,000 shares designated, 4,981,350 shares issued and outstanding	$ 4,981	$ 4,981