DIGAGOGO VENTURES CORP

CIK:0001489955|SEC Filings

Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended		21 Months Ended
Consolidated Statements of Operations (USD $)	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011
Revenue	$ 50,000	$ 0	$ 50,000	$ 0	$ 50,000
Operating Expenses
Amortization	121,735	0	121,735	0	121,735
Consulting fees	59,999	0	77,457	1,600	103,493
General and administrative	38,962	6,345	66,665	14,345	68,495
Foreign exchange gain	0	(471)	0	(471)	(471)
Management fees	48,000	0	7,560,000	0	7,560,000
Professional fees	104,769	0	140,954	1,500	200,454
Research and development	2,600	0	2,600	11,140	13,740
Transfer agent fees	15,615	597	17,429	2,676	27,892
Total Operating Expenses	391,680	6,471	7,986,840	30,790	8,095,338
Other Expense
Interest expense (Note 4b)	24,806	0	26,895	0	26,895
Loss on settlement of debt (Note 6e)	271,000	0	271,000	0	271,000
Net Loss for the Period	$ (637,486)	$ (6,471)	$ (8,234,735)	$ (30,790)	$ (8,320,614)
Net Loss Per Share Basic and Diluted	$ (0.01)	$ 0	$ (0.11)	$ 0
Weighted Average Shares Outstanding	86,780,435	3,788,043	76,605,495	3,265,568

Consolidated Statements of Cash Flows (USD $)	9 Months Ended		21 Months Ended
Consolidated Statements of Cash Flows (USD $)	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011
Operating Activities
Net loss for the period	$ (8,234,735)	$ (30,790)	$ (8,343,233)
Adjustment to reconcile net loss to cash used in operating activities:
Amortization	121,735	0	121,735
Shares issued for management fees	7,544,000	0	7,544,000
Shares issued for consulting fees	60,000	0	60,000
Loss on settlement of accounts payable	271,000	0	271,000
Changes in operating assets and liabilities:
Accounts payable and accrued liabilities	157,798	12,701	208,460
Due to related parties	22,328	0	22,328
Net Cash Used in Operating Activities	(57,874)	(18,089)	(115,710)
Financing activities
Payment on debt	(50,000)	0	(50,000)
Proceeds from loan payable	109,007	0	111,543
Proceeds from related parties	0	17,805	0
Proceeds from the issuance of common stock	0	75,300	75,300
Share issuance costs	0	0	(20,000)
Net Cash Provided by Financing Activities	59,007	93,105	116,843
Increase in Cash	1,133	0	1,133
Cash Beginning of Period	0
Cash End of Period	1,133	75,016	1,133
Non-cash investing and financing activities
Shares issued issuable for assets	750,000	0	750,000
Issuance of notes payable for assets	800,000	0	800,000
Supplemental Disclosures
Interest paid	0	0	0
Income tax paid	$ 0	$ 0	$ 0

Consolidated Balance Sheets (USD $)	Sep. 30, 2011	Dec. 31, 2010
Current Assets
Cash	$ 1,133	$ 0
Total Current Assets	1,133	0
Intangible assets (Note 3), net of amortization of $121,735 (Note 3)	1,428,265	0
Total Assets	1,429,398	0
Current Liabilities
Accounts payable and accrued liabilities	579,460	50,662
Due to related parties (Note 5)	22,328	0
Notes payable (Note 4)	861,543	2,536
Total Liabilities	1,463,331	53,198
Stockholders Deficit
Common Stock Authorized: 1,500,000,000 common shares, with a par value of $0.0001 per share Issued and outstanding: 87,000,000 and 55,000,000 common shares, respectively	8,700	5,500
Additional paid in capital	8,120,600	49,800
Common Stock Issuable	180,000	0
Deficit accumulated during the development stage	(8,343,233)	(108,498)
Total Stockholders Deficit	(33,933)	(53,198)
Total Liabilities and Stockholders Deficit	$ 1,429,398	$ 0