Ecolivegreen Corp

CIK:0001452920|SEC Filings

CONDENSED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended		47 Months Ended
CONDENSED STATEMENTS OF OPERATIONS (USD $)	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012
CONDENSED STATEMENTS OF OPERATIONS [Abstract]
Net Sales
Cost of Sales
Gross Profit
Operating Expenses:
Legal and Accounting	2,800	2,500	8,550	4,650	53,800
Consulting	7,200	7,435	32,600	19,592	186,483
General and Administrative	3,100	2,800	11,300	6,250	40,648
Total Operating Expenses	13,100	12,735	52,450	30,492	280,931
Operating Loss	(13,100)	(12,735)	(52,450)	(30,492)	(280,931)
Other income/expenses:
Interest expense					(1,375)
Total Other Income/(Expenses)					(1,375)
Net (loss) before Income Taxes	(13,100)	(12,735)	(52,450)	(30,492)	(282,306)
Provision for Income Taxes
Net (loss)	$ (13,100)	$ (12,735)	$ (52,450)	$ (30,492)	$ (282,306)
Basic and diluted net loss per common share	$ (0.001)	$ (0.001)	$ (0.004)	$ (0.002)
Weighted average number of common shares outstanding	14,685,960	13,005,000	14,726,252	13,019,524

CONDENSED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended		47 Months Ended
CONDENSED STATEMENTS OF CASH FLOWS (USD $)	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012
OPERATING ACTIVITIES:
Net loss	$ (52,450)	$ (30,492)	$ (282,306)
Adjustments to reconcile net loss to net cash used in operating activities:
Issuance of stock options			1,830
Issuance of common stock for interest		21,500	1,375
Issuance of common stock for services	31,700	7,500	82,833
Changes in operating assets and liabilities:
Increase/(Decrease) in accounts payable			24,943
Increase/(Decrease) in accrued expenses	20,250	(7,782)
Net cash used in operating activities	(500)	(9,274)	(171,325)
FINANCING ACTIVITIES
Proceeds from issuance of common stock			127,575
Loan Payable - consultants			44,250
Loans payable - related parties		8,039
Net cash provided by (used in) financing activities		8,039	171,825
NET INCREASE IN CASH	(500)	(1,235)	500
CASH BEGINNING BALANCE	1,000	1,235
CASH ENDING BALANCE	500		500
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Taxes paid
Interest paid
NON-CASH TRANSACTIONS AFFECTING OPERATING, INVESTING AND FINANCING ACTIVITIES:
Issuance of common stock for patents			6,862
Issuance of common stock for debt	$ 6,000	$ 21,500	$ 126,570

CONDENSED BALANCE SHEET (USD $)	Sep. 30, 2012	Dec. 31, 2011
CURRENT ASSETS:
Cash and equivalents	$ 500	$ 1,000
Total Current Assets	500	1,000
OTHER ASSETS:
Intellectual assets, net	6,862	6,862
Total Assets	7,362	7,862
CURRENT LIABILITIES:
Accounts payable and accrued expenses - related parties	18,943	4,693
Total Current Liabilities	18,943	4,693
Total Long Term Liabilities
Total Liabilities	18,943	4,693
STOCKHOLDERS' EQUITY (DEFICIT):
Preferred Stock, par value $0.001; 10,000,000 shares authorized; 0 shares issued and outstanding as of September 30, 2012 and December 31, 2011
Common stock, par value $.001; 500,000,000 shares authorized; 15,131,500 shares issued and outstanding as of September 30, 2012 and 14,377,500 shares issued and outstanding at December 31, 2011	15,132	14,378
Additional paid in capital	255,593	218,647
Deficit accumulated during the development stage	(282,306)	(229,856)
Total Stockholders' Equity (Deficit)	(11,581)	3,169
Total Liabilities and Stockholders' Equity (Deficit)	$ 7,362	$ 7,862