-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FfJUdZsDGg8ROSJ8dnQtlT7POEJA6Fn0B3zSOgoT2IVyBsiWP+mUuYsfuhms9eFx tnPNW8xWnnmQPNtRBCO/qg== /in/edgar/work/20000601/0001002334-00-000055/0001002334-00-000055.txt : 20000919 0001002334-00-000055.hdr.sgml : 20000919 ACCESSION NUMBER: 0001002334-00-000055 CONFORMED SUBMISSION TYPE: 10QSB PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000331 FILED AS OF DATE: 20000601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SPACE LAUNCHES FINANCING INC CENTRAL INDEX KEY: 0001098009 STANDARD INDUSTRIAL CLASSIFICATION: [6199 ] IRS NUMBER: 980178621 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10QSB SEC ACT: SEC FILE NUMBER: 000-27873 FILM NUMBER: 647628 BUSINESS ADDRESS: STREET 1: 56 QUAI GUSTAVE ADOR STREET 2: GENEVA CITY: SWITZERLAND CH 1206 STATE: CA ZIP: 92629 MAIL ADDRESS: STREET 1: 29351 PASTO RD STREET 2: STE B CITY: DANA POINT STATE: CA ZIP: 92629 10QSB 1 0001.txt FORM 10-QSB SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-QSB [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2000 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from __________________ to __________________ Commission File Number 0-27873 CIK Number 0001098009 SPACE LAUNCHES FINANCING, INC. (Exact Name of small business issuer as specified in its charter) Nevada 98-0178621 (State or other Jurisdiction of I.R.S. Employer Identi- Incorporation or Organization fication No.) 56 Quai Gustave Ador, Geneva, Switzerland CH-1206 (Address of Principal Executive Offices) (Zip Code) (949) 489-2400 (Issuer's Telephone Number, including Area Code) Indicate by check mark whether the Registrant (i) has filed all reports required to be filed by Section 13, or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (of for such shorter period that the Registrant was required to file such reports) and (ii) has been subject to such filing requirements for the past 90 days. Yes X No Indicate the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date. Common Stock, $.001 par value 6,017,471 - ---------------------------------- ---------------- Title of Class Number of Shares outstanding at March 31, 2000 Transitional Small Business Format Yes No X No exhibits included. 1
SPACE LAUNCHES FINANCING, INC. (A Company in the Development Stage) BALANCE SHEETS ASSETS Dec. 31, March 31, 1999 2000 Current Assets - Cash 107,420 108,791 TOTAL ASSETS $ 107,420 $ 108,791 LIABILITIES AND STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY Common Stock, $.00001 par value; 100,000,000 shares authorized; 6,017,471 shares issued and outstanding 61 61 Additional paid-in capital 141,559 141,559 Accumulated deficit during the development stage (34,201) (32,830) TOTAL STOCKHOLDERS' EQUITY 107,420 108,791 TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 107,420 $ 108,791
The accompanying notes are an integral part of the financial statements. 2
SPACE LAUNCHES FINANCING, INC. (A Company in the Development Stage) STATEMENTS OF OPERATIONS CUMULATIVE FOR THE THREE FROM INCEPTION MONTHS ENDED (Feb. 11, 1997) March 31, TO 2000 1999 March 31, 2000 REVENUES - Interest $ 1,471 $ 1,166 $ OPERATING EXPENSES General and Administrative 100 144 43,508 TOTAL OPERATING EXPENSES 100 144 43,508 NET INCOME (LOSS) 1,371 $ 1,022 $ 32,830 NET INCOME (LOSS) PER SHARE $ $ (Nil) $ (Nil) WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING 6,017,471 6,017,471
See accompanying Notes to Financial Statements. 3
SPACE LAUNCHES FIANCING, INC. (A Company in the Development Stage) STATEMENTS OF CASH FLOWS CUMULATIVE FOR THE THREE FROM INCEPTION MONTHS ENDED (Feb. 11, 1997) March 31, TO 2000 1999 March 31, 2000 CASH FLOWS FROM OPERATING ACTIVITIES Net Income (Loss) $ 1,371 $ 1,022 $ (32,830) Net cash flows from operating activities 1,371 1,022 CASH FLOWS FROM INVESTING ACTIVITIES CASH FLOWS FROM FINANCING ACTIVITIES Sale of Common Stock 141,621 Net Cash flows from financing activities 141,621 NET INCREASE (DECREASE) IN CASH 1,371 1,022 108,791 CASH BALANCE AT BEGINNING OF PERIOD 107,420 103,528 0 CASH BALANCE AT END OF PERIOD $ 108,791 $ 104,550 $ 108,791
See accompanying Notes to Financial Statements. 4 SPACE LAUNCHES FINANCING, INC. (A Company in the Development Stage) NOTES TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED) March 31, 2000 1. Comments The accompanying financial statements are unaudited, but in the opinion of the management of the Company, contain all adjustments, consisting of only normal recurring accruals, necessary to present fairly the financial position at March 31, 2000, the results of operations for the three months ended March 31, 2000 and 1999, and the cash flows for the three months ended March 31, 2000 and 1999. Reference is made to the Company's Form 10-KSB for the year ended December 31, 1999. The results of operations for the nine and three months ended March 31, 2000 are not necessarily indicative of the results of operations to be expected for the full fiscal year ending December 31, 2000. Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION The Company has limited working capital and activities. PART II. OTHER INFORMATION Item 1. LEGAL PROCEEDINGS - None Item 2. CHANGES IN SECURITIES - None --------------------- Item 3. DEFAULTS UPON SENIOR SECURITIES - None ------------------------------- Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS - None --------------------------------------------------- Item 5. OTHER INFORMATION - None Item 6. EXHIBITS AND REPORTS ON FORM 8-K Exhibits--None Reports on Form 8-K--None. 5 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SPACE LAUNCHES FINANCING, INC. Date: May 15, 2000 By:/s/ Maurice Tolub ----------------- Maurice Tolub, President and Chief Financial Officer (chief financial officer and accounting officer and duly authorized officer) 6 EX-27 2 0002.txt FDS -- WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2000 AND AS OF MARCH 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 0001092797 SPACE LAUNCHES FINANCING, INC. 1 US dollars 3-MOS Dec-31-2000 Jan-01-2000 Mar-31-2000 1 108,791 0 0 0 0 0 0 0 0 0 0 0 0 61 108,720 0 0 0 0 100 0 0 0 (1,371) 0 (1,371) 0 0 0 (1,371) .00 .00
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