Global Stevia Corp.

CIK:0001492135|SEC Filings

Condensed Consolidated Statements of Operations (unaudited) (USD $)	3 Months Ended		9 Months Ended		37 Months Ended
	Feb. 28, 2013	Feb. 29, 2012	Feb. 28, 2013	Feb. 29, 2012	Feb. 28, 2013
REVENUES	$ 0	$ 0	$ 0	$ 0	$ 0
OPERATING EXPENSES
Depreciation	327	0	823	0	823
General and administrative	24,401	6,031	181,882	29,029	217,597
Management fees	0	0	40,000	0	48,000
Professional fees	5,900	0	81,960	0	112,925
TOTAL OPERATING EXPENSES	30,628	6,031	304,665	29,029	379,345
Net Loss before other expense	(30,628)	(6,031)	(304,665)	(29,029)	(379,345)
OTHER EXPENSE
Interest expense	(14,928)	0	(36,140)	0	(36,140)
Write down of acquisition costs	(50,000)	0	(50,000)	0	(50,000)
NET LOSS	$ (95,556)	$ (6,031)	$ (390,805)	$ (29,029)	$ (465,485)
NET EARNINGS PER SHARE- BASIC AND DILUTED	$ 0.00	$ 0.00	$ 0.00	$ 0.00
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC AND DILUTED	299,300,000	299,000,000	299,278,022	262,823,730

Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)	9 Months Ended		37 Months Ended
	Feb. 28, 2013	Feb. 29, 2012	Feb. 28, 2013
OPERATING ACTIVITIES
Net loss for the period	$ (390,805)	$ (29,029)	$ (465,485)
Adjustments to reconcile net loss to net cash used in operating activities:
Accretion of discounts on convertible debt	17,117	0	17,117
Depreciation,	823	0	823
Write down of acquisition costs	50,000		50,000
Changes in operating assets and liabilities:
Prepaid expenses and deposits.	43,490	0	(1,510)
Accounts payables.	(654)	1,310	4,959
Accrued liabilities.	59,023	0	59,023
NET CASH USED IN OPERATING ACTIVITIES	(221,006)	(27,719)	(335,073)
INVESTING ACTIVITIES
Deposit payment for acquisition of company	(50,000)	0	(50,000)
Acquisition of property and equipment	(3,968)	0	(3,968)
NET CASH USED IN INVESTING ACTIVITIES	(53,968)	0	(53,968)
FINANCING ACTIVITIES
Proceeds from convertible debentures	165,000	0	290,000
Proceeds from related party, net	5,100	0	13,100
Proceeds from notes payable from a related party	0	12,800	22,941
Proceeds from issuance of common stock	30,000	20,000	63,000
NET CASH PROVIDED BY FINANCING ACTIVITIES	200,100	32,800	389,041
Increase (Decrease) in Cash	(74,874)	5,081	0
Cash - Beginning of Period	74,874	226	0
CASH - END OF PERIOD	0	5,307	0
SUPPLEMENTAL DISCLOSURES
Interest paid	0	0	0
Income tax paid	$ 0	$ 0	$ 0

Condensed Consolidated Balance Sheets (USD $)	Feb. 28, 2013	May 31, 2012
ASSETS
Cash	$ 0	$ 74,874
Prepaid expenses and deposits,	1,510	45,000
TOTAL CURRENT ASSETS	1,510	119,874
Property and equipment,	3,145	0
TOTAL ASSETS	4,655	119,874
CURRENT LIABILITIES
Accounts payable and accrued liabilities	63,982	5,613
Due to related parties	13,100	8,000
TOTAL CURRENT LIABILITIES	77,082	13,613
Convertible debentures, less unamortized discount of $58,583 and nil, respectively	231,417	125,000
TOTAL LIABILITIES	308,499	138,613
STOCKHOLDERS' DEFICIT
Common Stock Authorized: 975,000,000 common shares with a par value of $0.001 per share Issued and outstanding: 299,300,000 and 299,000,000 common shares, respectively	299,300	299,000
Additional paid-in capital	(137,659)	(243,059)
Accumulated deficit during the development stage	(465,485)	(74,680)
TOTAL STOCKHOLDERS' DEFICIT	(303,844)	(18,739)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 4,655	$ 119,874