RAINBOW INTERNATIONAL, CORP.

CIK:0001522538|SEC Filings

Rainbow International Corp. (A Development Stage Company) Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended		34 Months Ended
	Feb. 28, 2014	Feb. 28, 2013	Feb. 28, 2014	Feb. 28, 2013	Feb. 28, 2014
Income Statement
Sales	$ 0	$ 0	$ 0	$ 0	$ 0
Cost of Sales	0	0	0	0	0
Gross Profit	0	0	0	0	0
General and administrative expenses:
Exploration costs	0	11,779	15,120	45,825	60,945
Legal and professional fees	4,250	18,717	31,984	94,044	208,751
Contract labor	0	20,000	0	60,000	65,000
Travel	0	0	0	0	5,845
Other general and administrative	96	175	4,296	760	1,566
Total operating expenses	4,346	50,671	51,400	200,629	342,107
Loss from operations	(4,346)	(50,671)	(51,400)	(200,629)	(342,107)
Other income (expense)
Interest Income	0	0	0	0	0
Interest (expense)	0	0	0	0	0
(Loss) before taxes	(4,346)	(50,671)	(51,400)	(200,629)	(342,107)
Provision (credit) for taxes on income	0	0	0	0	0
Net loss	$ (4,346)	$ (50,671)	$ (51,400)	$ (200,629)	$ (342,107)
Basic earnings (loss) per common share	$ 0	$ 0	$ 0	$ 0
Weighted average number of shares outstanding	273,475,200	2,349,501,600	2,349,501,600	3,299,003,200

Rainbow International Corp. (A Development Stage Company) Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended		34 Months Ended
	Feb. 28, 2014	Feb. 28, 2013	Feb. 28, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (51,400)	$ (200,629)	$ (342,107)
Adjustments to reconcile net (loss) to cash provided (used) by developmental stage activities:
Depreciation	0	0	0
Change in current assets and liabilities:
Other assets	0	0	0
Accounts payable and accrued expenses	(26,718)	7,078	7,250
Net cash flows from operating activities	(78,118)	(193,551)	(334,857)
Cash flows from investing activities:
Purchase of fixed assets	0	0	0
Net cash flows from investing activities	0	0	0
Cash flows from financing activities:
Cash in excess of deposits	0	437	0
Proceeds from sale of common stock	0	0	289,939
Proceeds from notes payable	74,965	0	74,965
Advances/ (payments) to/ from shareholder	0	(50,000)	(30,000)
Net cash flows from financing activities	74,965	(49,563)	334,904
Net cash flows	(3,153)	(243,114)	47
Cash and equivalents, beginning of period	3,200	243,114	0
Cash and equivalents, end of period	47		47
Supplemental cash flow disclosures:
Cash paid for interest	0	0	0
Cash paid for income taxes	$ 0	$ 0	$ 0

Rainbow International Corp. (A Development Stage Company) Consolidated Balance Sheets. (Unaudited and Audited) (USD $)	Feb. 28, 2014	May 31, 2013
Current assets
Cash	$ 0	$ 0
Cash held in trust	47	3,200
Total current assets	47	3,200
Property and equipment, net	0	0
Other Assets
Other Assets	30,000	30,000
Total Other Assets	30,000	30,000
Total Assets	30,047	33,200
Current liabilities:
Accounts payable	7,250	33,968
Due to shareholder	74,965	0
Total current liabilities	82,215	33,968
Stockholders' equity:
Common stock, $0.001 par value, 700,000,000 authorized, 273,475,200 shares issued and outstanding	273,475	273,475
Capital in excess of par value	16,464	16,464
Deficit accumulated during the development stage	(342,107)	(290,707)
Total stockholders' equity	(52,168)	(768)
Total Liabilities and Stockholders' Deficit	$ 30,047	$ 33,200