AFRICAN COPPER CORP
CIK:0001526185|SEC Filings
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Condensed Statement of Operations (USD $)
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3 Months Ended | 9 Months Ended | 22 Months Ended | ||
|---|---|---|---|---|---|
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Jan. 31, 2013
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Jan. 31, 2012
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Jan. 31, 2013
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Jan. 31, 2012
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Jan. 31, 2013
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|
| Revenue | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 |
| Operating Expenses | |||||
| Consulting fees | 0 | 0 | 0 | 0 | 5,000 |
| General and administrative | 4,435 | 774 | 15,730 | 7,142 | 33,250 |
| Management fees | 3,000 | 3,000 | 9,000 | 9,000 | 21,000 |
| Professional fees | 9,750 | 11,000 | 37,000 | 36,250 | 119,000 |
| Total Operating Expenses | 17,185 | 14,774 | 61,730 | 52,392 | 178,250 |
| Loss from operations | (17,185) | (14,774) | (61,730) | (52,392) | (178,250) |
| Other expense | |||||
| Interest expense | (2,205) | (1,575) | (6,611) | (3,311) | (11,727) |
| Net Loss | $ (19,390) | $ (16,349) | $ (68,341) | $ (55,703) | $ (189,977) |
| Net Loss per Share - Basic and Diluted | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | |
| Weighted Average Shares Outstanding - Basic and Diluted | 810,000,000 | 720,000,000 | 767,934,783 | 720,000,000 | |
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Statement of Cash Flows (USD $)
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9 Months Ended | 22 Months Ended | |
|---|---|---|---|
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Jan. 31, 2013
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Jan. 31, 2012
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Jan. 31, 2013
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| Operating Activities | |||
| Net Loss | $ (68,341) | $ (55,703) | $ (189,977) |
| Changes in operating assets and liabilities: | |||
| Accounts payable and accrued liabilities | 31,456 | 7,356 | 70,062 |
| Due to related parties | 14,950 | (1,000) | 15,700 |
| Net Cash Used In Operating Activities | (21,935) | (49,347) | (104,215) |
| Financing Activities | |||
| Proceeds from note payable | 0 | 45,000 | 87,500 |
| Proceeds from sale of common stock | 45,000 | 0 | 45,000 |
| Amounts contributed by shareholder | 0 | 0 | 1,750 |
| Net Cash Provided by Financing Activities | 45,000 | 45,000 | 134,250 |
| Increase in Cash | 23,065 | (4,347) | 30,035 |
| Cash - Beginning of Period | 6,970 | 4,562 | 0 |
| Cash - End of Period | 30,035 | 215 | 30,035 |
| Supplemental Disclosures | |||
| Interest paid | 0 | 0 | 0 |
| Income tax paid | $ 0 | $ 0 | $ 0 |
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Condensed Balance Sheets (USD $)
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Jan. 31, 2013
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Apr. 30, 2012
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|---|---|---|
| ASSETS | ||
| Cash | $ 30,035 | $ 6,970 |
| Total Assets | 30,035 | 6,970 |
| Current Liabilities | ||
| Accounts payable and accrued liabilities | 70,062 | 38,606 |
| Due to related parties | 15,700 | 750 |
| Notes payable | 87,500 | 87,500 |
| Total Liabilities | 173,262 | 126,856 |
| STOCKHOLDERS' DEFICIT | ||
| Preferred Stock Authorized: 50,000,000 preferred shares with a par value of $0.001 per share Issued and outstanding: nil preferred shares | ||
| Common Stock Authorized: 950,000,000 common shares with a par value of $0.001 per share Issued and outstanding: 810,000,000 and 720,000,000 common shares respectively | 810,000 | 720,000 |
| Additional paid-in capital | (763,250) | (718,250) |
| Accumulated deficit during the development stage | (189,977) | (121,636) |
| Total Stockholders' Deficit | (143,227) | (119,886) |
| Total Liabilities and Stockholders' Deficit | $ 30,035 | $ 6,970 |