BALANCE SHEETS (USD $)
|
Dec. 31, 2011
|
Sep. 30, 2011
|
---|---|---|
CURRENT ASSETS | ||
Cash | $ 5,493 | $ 12,602 |
Prepaid expenses | 0 | 396 |
TOTAL ASSETS | 5,493 | 12,998 |
CURRENT LIABILITIES | ||
Accounts payable and accrued liabilities | 36,717 | 36,513 |
Due to related parties | 35,000 | 35,000 |
TOTAL LIABILITIES | 71,717 | 71,513 |
CAPITAL STOCK | ||
Authorized: 100,000,000 non-voting preferred shares at $0.001 par value | 0 | 0 |
750,000,000 common shares at $0.001 par value Issued and outstanding: 34,112,065 common shares (September 30, 2011 - 34,112,065) | 34,112 | 34,112 |
ADDITIONAL PAID-IN CAPITAL | 7,123,633 | 7,123,633 |
ACCUMULATED OTHER COMPREHENSIVE LOSS | (10,968) | (10,352) |
DEFICIT ACCUMULATED DURING THE DEVELOPMENT STAGE | (7,213,001) | (7,205,908) |
Total Stockholders' Equity | (66,224) | (58,515) |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 5,493 | $ 12,998 |
BASIS OF PRESENTATION
|
3 Months Ended |
---|---|
Dec. 31, 2011
|
|
BASIS OF PRESENTATION | |
BASIS OF PRESENTATION | 1. BASIS OF PRESENTATION These unaudited financial statements of Upstream Biosciences Inc. (the "Company") have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial statements and the rules and regulations of the Securities and Exchange Commission. They do not include all information and footnotes required by United States generally accepted accounting principles for complete financial statement disclosure. However, except as disclosed herein, there have been no material changes in the information contained in the notes to the audited financial statements for the year ended September 30, 2011, included in the Company's Form 10-K filed with the Securities and Exchange Commission. These interim unaudited financial statements should be read in conjunction with the audited financial statements included in the Form 10-K. In the opinion of management, all adjustments considered necessary for fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the three months ended December 31, 2011, are not necessarily indicative of the results that may be expected for the year ending September 30, 2012. Going concern These unaudited financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. As at December 31, 2011, the Company has a working capital deficiency of $66,224 and has incurred losses since inception of $7,115,301. This raises substantial doubt about the Company's ability to continue as a going concern which is dependent upon generating profitable operations and obtaining the necessary financing to meet its obligations when they become due. There is no assurance that equity or debt capital will be available as necessary to meet the Company's requirements or, if the capital is available, that it will be on terms acceptable to the Company. Recent Accounting Pronouncements The Company has reviewed recently issued accounting pronouncements and plans to adopt those that are applicable to it. It does not expect the adoption of these pronouncements to have a material impact on its current financial position, results of operations or cash flows. |
"+ text.join( "
\n" ) +"
" + text[p] + "
\n"; } } }else{ formatted = '' + raw + '
'; } html = ''+ "\n"+''+ "\n"+''+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+' | '+ "\n"+'
'+ "\n"+' | '+ "\n"+' '+ "\n"+'
'+ "\n"+' | '+ "\n"+' '+ "\n"+'
BALANCE SHEETS PARENTHETICALS (USD $)
|
Dec. 31, 2011
|
Sep. 30, 2011
|
---|---|---|
Preferred Stock, par value | $ 0.001 | $ 0.001 |
Preferred Stock, shares authorized | 100,000,000 | 100,000,000 |
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 750,000,000 | 750,000,000 |
Common Stock, shares issued | 34,112,065 | 34,112,065 |
Common Stock, shares outstanding | 34,112,065 | 34,112,065 |
Document and Entity Information
|
3 Months Ended | |
---|---|---|
Dec. 31, 2011
|
Feb. 14, 2012
|
|
Document and Entity Information | ||
Entity Registrant Name | UPSTREAM BIOSCIENCES INC. | |
Document Type | 10-Q | |
Document Period End Date | Dec. 31, 2011 | |
Amendment Flag | false | |
Entity Central Index Key | 0001174891 | |
Current Fiscal Year End Date | --09-30 | |
Entity Common Stock, Shares Outstanding | 34,112,065 | |
Entity Filer Category | Smaller Reporting Company | |
Entity Current Reporting Status | Yes | |
Entity Voluntary Filers | No | |
Entity Well-known Seasoned Issuer | No | |
Document Fiscal Year Focus | 2012 | |
Document Fiscal Period Focus | Q1 |
M5C256DFJR47Z]>M&]-S.#[Z0QWO_J;'\8X(:Y[#S1<$2U.^6J')& MX!%&-?7SPV.G6/B&HFQ@GW^Z95XX!1JL?S:IWZ8!#A8=.F)\&F'VK!9)]"98 MS.#M,X&G,P+K9Q,.H[?/PME0U->=*S1^-.Z[L1%CQD%(LNCYO7RP]5IX"H#Z MX*]?K"0XN*"*EQ4SA'GQ]U\09<",7\3EODC++6WO4]XKFD/))?*"=3\$#8&\ MO3!NUBC+8MSH!'B78S9O^(`C#:E?(O;KSZ]6P^A'^>C3\O6/,,;JK31X0%-( M,*PEBS,8![3)MYE%W%MW*7^-T+S0VOR*HC%#7/97]R:8^.O6(\ZF)12X9H+E MR%`+A>2&S51#1"YJC/O`EU/R2?2_%F0@N\W0^]:?'=/WMFC9>GYQ:CWW@&,F M9?!O49"G\&TZ1S6?$#8;@NM30="4+/F*K3N"QAFJW_Z[8RI/")>MZI>G4O62 M[99DAR/2D6OIT^^PT$[K23K'5*\1-AN"GTX%02OD2M`[+#Q$_@>(Z^<<+:EC M0.A%SL;BYQ,/!S:=,MH/F/=G?R*%%]TP4/ZUBKKT8R.OD6/XF*@A&ZE_GQ8I M%>#REK2<,>/Z:6N;RDDL$H)F*__5B8?) 7U:7/Y@))1*Y$NCT0.2I',2B92PFC#M^6DQ^`B$_$[99]H')!@%OR-$ M"%R+A8[>24RTPFNP.7D,O7$\[N23K!&BHW0,#ZW`&B1.'F4O&5N&GV98Q&F= M1F-+:`T>7T+N7QJ9V="#I'MOFO?-AU:[_Z[='O1WS>MN=W*J!.[V6_ _S[I9ZTW$>L!S)$@HBR*NQ['&8(^^VG&5`!*Q5I ML,ZF=05;C:1'VM[:=V+,G0GMT'GQU)>GW;(CA06(5#I2[C$:8H(##$7^0A:E M$TY#IHC6#9`8EV;N0TZ#BF')L2D-+O9[$TW/8Z%<-7MHH4(#N9S*)SR4XSPE MA6Z2*]/0`:+$&E5&,=L+`4;'F"VSP[%D^'%N%@ M./^=E4L1[>5.&)$2"!5O!(N"E2RG@1,.1I[`!RQRRB[Y;#5[G4'SOC_HMG[/ M*?',)*M M7C>8`)=6)'4Z`2KP'#K48U.X9T(\0-`=#="3/H`IU8L+$)95S)$*:?<(7V`. MA,V4CR*=E3&T:0!\QK&`6QAA#P +I*WJ="Y_BT2/UC;$L;.8`LL6BZ^N!]\3Y9*4OO>9C^V'PKCWH MM*1E((D^BRDK*8!`\53GP#CJB0!B9%%KW(+"<08`^16RP\PD3("[6E2HYT$Q:.H&9 MD0JL2PRE#M\5CJ^\%JX!93JR*DSOI+B-#KD8@[.B=A.8M:C6Y5=*G-PU:N(F M/`;G='\^Q<&2_J`Y:+^7P6>_>]?MM1^;@T[W8>?`6M/;J6)JS>NKL?-'F`,- M"Z/E%%G5,9<[P;!.P]]BW6^Q[@X#M6"`6J/MW(5F(XQU>N[.@"-U$G]5;E\T M,^KIG4`B1USK0M"F__]0!-&Y5\:;4W5APM^11K5U!SKZBJ$IM+'M$@2MU`<< M/)K",T9%2!2G=Y":>C((7-!KEES6F7I'[5"%:":`P\2>6"^K426I LDIDS;$6#`VY6ZCH9+8R;1)2O+SX5^TEQ^Y-&(`WH8RPL6XGW;"Q2]"9 MZL.Z5,LC6R`2+/*GN@212\`DY3O2S72[`R#]"L!CNCP9XBUB&[>_(4Q5<=P- M2%,"?=E@F1Y<@JZ49HYTC]T>H 0RI;U2+?;[0[) M;T"E4$2=G_.GF$;70@=X#OF37U$KEX`JU,"1;K[;9X^:C4"(B)^,,$A+YA(J M:1F/=?O=/ADP`5)\=,20@72'^M"O#VR-23J'/QH*^D&"?#C MDW,^;H:-70+05!_'NE#O`"G1S6F)HF1HC-*M-&A<1'U&PKF"\P=&V;:(*WLK MR&X7MW,"7@/QK 5RW+YI-[")`.KD/F$3/WHU8Q]Q=VD<$NB.5G"0$O"!$1#JP4I#4R1GC9BX! M8:X+ZW+JBNTNCS,>51MU:#\<"NQCE+I\OTQ+ET`LI1'K%J>-FW0G5=!B5,H< M2K%7?A2CJ\38DFZ`GD"\QY3QZ'KCY99"E*&.][(\__4>@@GS-_L0NA7OE!PX MX>.<%!+])H)SKO'MBMTO>ED-VAN@,,+:&Z(*6CEA,H6B6[=5\0!!81"Z3>,$ M$`FQCG8"]O2`M1&G2 MM>9<+AEC>`BG0^#2(4G6@D>2:*`KUX<30)942\$&QJGJY%O-_KN[^^['@Y3) M;SJKHDI^\W8WJ\Z_%6I_187: IA M`EM>]8`=9E0>Y55G82''`<&ZTNQX"7YWU/3^"K&([@AL,:'_^D%^HZJ_BG#$ MX;-E(06JLV]>\3P.!M4*2;*O!<^4>JP;K>J`.:+>.JTNP^^/B',D-7/'>!_X M''LRAN,M@K#652[7QU>"?4G%'OV.[(B+HMW8',(SARU/1?K=)><^"A6)V(U$ MZ1%4,&UKB,_<$HI4=;BMG SP'?_E)KW=`?+DT?="?IC1J^Y5@;ZA(Z\Z\).MB4L4479[>U`;M MP8L=>_M*C&1G91]PYRO;&UP7,)0J%#-H=.;`FJK.NC,Z4GX.2-WHOOP9DWCU MR8:"M%Z)#L[`&M*,=;E MX=),;W\3UQC+1+,S0S*IE,-]<*[R4"XMK,DG*8WMPJBS,[,6,P4>[A"4A394 M^L.@I;HX,WLI_S%1)U.(YINA>]=M5&TAA]GW+:.P "_-Y(%U&88=S^&UUY.XP1=0[@".7UY'+CERN@JR;#>)K58M)DY8![)#( M\':HG>1S6M@YW@U,5K=\IU1BM6^V*3Z+?;+$`,;L=F<'ID8]]OE@,9YCB:6% MX:!,-3D[(--*L6Y>-1=Z[U7S//`MH[`S\K+:HQ%X@8P0G[P)HF-XE(;=I4H3 M,HQ0/U0H,9=!I#ZZ+M6%$YY5.:58=PM,-J,]X%A%_]O[!QI,2W7A!*;EE')& M%ZED"]Z4LQWG"SFQ11_*+&4&R;8.XY]2@[YTMB3PL\BR)&\\.&_X/UV=D0%( M88YWS !_F-T@/I-'<$'WV MX."OJ?K*ZD/:T]8-R@?'0Y^!VK.F1#\]KOZB_AE*]TP^^0=02P,$%`````@` M3VA.0!@E+M4[!```&!<``!$`'`!U<&)S+3(P,3$Q,C,Q+GAS9%54"0`#MJ$Z M3[:A.D]U>`L``00E#@``!#D!``#M6%USVC@4?>[.['_0\N(G8QR23F$@'8=" MPY0"@]GIOF6$+8BFLN25Y";Y]WOE#S`$7*=-9C([R4MDW7,_C@Z^]G7OXWW$ MT`\B%16\;[G-EH4(#T1(^:9O427L#Q\N.K9K?;S\\X_>7[:-ID0,&):)0C:B M(\H(\A.J21$#M9OGY^USA&S;>*C@ED0801*NNB&A?>M6Z[CK./ 6&Z"F.B(IQ0.HD32O<`]ZUFT)N M`-)RG7^^3OR4>$'EGE'^_1C<[70Z3FHMH(^0Z4GEH=N.,:^P(MO(8*45>,J5 MQCS8PX=Z7X8.%DQ@*:*'N#<;S%KK%:I=C<4)8,M'[7PYP+C37\"LPE7, "_>T6Z5%4=# M>>,OO>7PZW"Z]&>C@>=?CR:S;WX#T;#?.&W.DN?9=[^_RQ;\7;3@*>##'9;V M5[/>AD"S$3)!4!JEYQRZEZ,FBH0S?IFN#V_:W#.'G/+:OR_J^1S(=<0IWRJ. M_"5DF,V'"V\YGDU/Z%"R5PEQ7BW$+LJ;$"4AKKR)-QT,_>OA<%DZ__WMJF,_ M.SSVW!5EOF^'73KL3R)(S"D5_ST>#KFF^F$,[P@R2BO::5`+726-:Z0IO,M+ MS$.4A4*E6&]2E:6B*F!")9)<>?X8NM!\,?2AEZ0MI*11):Q*G/>I.%OW],:! M"*95E6.\B7*J6D=]_72G_H_SL5"#[]W2($MW^YD-(L:PJX.)7ZZ/!;)UOJ M>'0<=@C3JMBQ=P/RJ1*J9FI4NY3#[RAF42-YY3>8+'G^Y01QRF!2@^G%TC(Q M'Q/,9X KXJ@275B=G]+$42%R51*.:EZ0V\^7@)C7(Y&WSY&9WC MV& YSEAY($CY/[9\Q MY1.AU(S[F)'9>LPU88P$.L%LG@W=#P6C>MA7*9$I>R1%]'.2=9"ODJ*O1?#] M"L.3?2"BF'"5>V>T3EEK4.DY69.%Y7]02P$"'@,4````"`!/:$Y`[KTYR4X2 M``#9A0``$0`8```````!````I($`````=7!B `L``00E#@``!#D!``!02P$"'@,4````"`!/:$Y`M3%D+P,"```" M"@``%0`8```````!````I(&9$@``=7!B &UL550% M``.VH3I/=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`3VA.0)O]IEY;"P`` M8Z(``!4`&````````0```*2!ZQ0``'5P8G,M,C`Q,3$R,S%?9&5F+GAM;%54 M!0`#MJ$Z3W5X"P`!!"4.```$.0$``%!+`0(>`Q0````(`$]H3D`!8E?>,1<` M`!(.`0`5`!@```````$```"D@94@``!U<&)S+3(P,3$Q,C,Q7VQA8BYX;6Q5 M5`4``[:A.D]U>`L``00E#@``!#D!``!02P$"'@,4````"`!/:$Y`\$7H1RX- M```XP0``%0`8```````!````I($5.```=7!B &UL M550%``.VH3I/=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`3VA.0!@E+M4[ M!```&!<``!$`&````````0```*2!DD4``'5P8G,M,C`Q,3$R,S$N>'-D550% K``.VH3I/=7@+``$$)0X```0Y`0``4$L%!@`````&``8`&@(``!A*```````` ` end XML 20 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 9 81 1 false 0 0 false 3 false false R1.htm 000010 - Document - Document and Entity Information Sheet http://www.upstream.com/20111231/role/idr_DocumentDocumentAndEntityInformation Document and Entity Information true false R2.htm 000020 - Statement - BALANCE SHEETS Sheet http://www.upstream.com/20111231/role/idr_BALANCESHEETS BALANCE SHEETS false false R3.htm 000030 - Statement - BALANCE SHEETS PARENTHETICALS Sheet http://www.upstream.com/20111231/role/idr_BALANCESHEETSPARENTHETICALS BALANCE SHEETS PARENTHETICALS false false R4.htm 000040 - Statement - STATEMENTS OF OPERATIONS Sheet http://www.upstream.com/20111231/role/idr_STATEMENTSOFOPERATIONS STATEMENTS OF OPERATIONS false false R5.htm 000050 - Statement - STATEMENTS OF CASH FLOWS Sheet http://www.upstream.com/20111231/role/idr_STATEMENTSOFCASHFLOWS STATEMENTS OF CASH FLOWS false false R6.htm 000060 - Disclosure - BASIS OF PRESENTATION Sheet http://www.upstream.com/20111231/role/idr_DisclosureBASISOFPRESENTATION BASIS OF PRESENTATION false false All Reports Book All Reports Process Flow-Through: 000020 - Statement - BALANCE SHEETS Process Flow-Through: Removing column 'Dec. 31, 2010' Process Flow-Through: Removing column 'Sep. 30, 2010' Process Flow-Through: Removing column 'Jun. 13, 2004' Process Flow-Through: 000030 - Statement - BALANCE SHEETS PARENTHETICALS Process Flow-Through: 000040 - Statement - STATEMENTS OF OPERATIONS Process Flow-Through: 000050 - Statement - STATEMENTS OF CASH FLOWS upbs-20111231.xml upbs-20111231.xsd upbs-20111231_cal.xml upbs-20111231_def.xml upbs-20111231_lab.xml upbs-20111231_pre.xml true true