Lion Lam Diamond Inc

CIK:0001511367|SEC Filings

Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended		39 Months Ended
Statements of Operations (Unaudited) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Income Statement [Abstract]
Revenue:		$ 4,000	$ 7,925	$ 151,750	$ 216,096
Less: Cost of Goods Sold		(2,987)	(3,000)	(126,186)	(168,041)
Gross Profit		1,013	4,925	25,564	48,055
Operating Expenses:
General and Administrative	1,752	(87,091)	10,730	(113,506)	(177,380)
Total Operating Expenses	1,752	(86,078)	(5,805)	(87,942)	(129,325)
Income ( Loss) from Operating Expense
Interest Expense					(2,300)
Provision for Income Taxes
Net Income ( Loss)	$ 1,752	$ (86,078)	$ (5,805)	$ (87,942)	$ (131,626)
Net Loss per Share Basic and Diluted	$ 0.00	$ 0.00	$ 0	$ 0.00	$ 0.00
Weighted Average Number of Common Share Outstanding	7,000,000	7,000,000	7,000,000	7,000,000

Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended		39 Months Ended
Statements of Cash Flows (Unaudited) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Profit//Loss	$ (5,805)	$ (87,942)	$ (131,626)
ADJUSTMENTS TO NET PROFIT/LOSS:
Interest forgiven by stockholder
CHANGE IN OPERATING ASSETS AND LIABILITIES :
Stock-based Compensation		87,500	87,500
Increase (decrease) in accrued payable		19,857
Increase( decrease) in inventory	4,053	6,940	15,005
Increase ( decrease) in receivable		(58,904)
Net cash used in operating activities	(1,752)	(32,550)	(29,121)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of common stock for cash		50,000	56,000
Borrowing from related Party	2,000	(15,151)	(26,879)
NET CASH PROVIDED BY FINANCING ACTIVITIES:
Net Increase ( decrease) in cash	(248)	2,299	(26,879)
Cash at beginning of period	921	569
Cash at end of period	1,169	2,868	1,169
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid in cash
Income taxes paid
SUPPLEMENTAL NON-CASH FINANCING ACTIVITIES:
Interest forgiven			$ 2,300

Balance Sheets (Unaudited) (USD $)	Sep. 30, 2013	Dec. 31, 2012
CURRENT ASSETS
Cash	$ 1,169	$ 1,259
Inventory	15,005	18,005
TOTAL ASSETS	16,174	19,264
TOTAL CURRENT ASSETS
LIABILITIES AND STOCKHOLDER'S EQITY
Note Payable-Related Party	2,000
Accrued payable		3,565
TOTAL CURRENT LIABILITIES	2,000	3,565
SHAREHOLDER'S EQUITY
Preferred Share 9,998,889,998 authorized, -0- shares issued and outstanding, par value of $0.0001
Common shares 8,889,998,889 authorized, 7,000,000 shares issued and outstanding, par value of $0.0001	700	700
Paid-In Capital	145,100	145,100
( Deficit) accumulated During Development Stage	(131,626)	(122,971)
STOCKHOLDERS' EQUITY	14,174	(22,829)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 16,174	$ 19,264