2.4.0.8103 - Disclosure - GOING CONCERNtruefalsefalse1false falsefalsefrom-2011-09-01-to-2012-05-31.1148.0.0.0.0.0.0.0http://www.sec.gov/CIK0001343011duration2011-09-01T00:00:002012-05-31T00:00:001true 1lrrs_GoingConcernAbstractlrrs_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0GOING CONCERN [Abstract]2false 2lrrs_GoingConcernTextBlocklrrs_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div> <div> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px"> <strong>NOTE 3 - GOING CONCERN</strong></p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px"> The Company was in "development stage" till February 28, 2009 and during the year ended August 31, 2009, the Company ceased its operations.  As of May 31, 2012, the Company has an accumulated deficit of $2,233,537 and has not generated any revenue since inception.  The ability of the Company to continue as a going concern and to emerge from the development stage is dependent upon its successful execution of its plan of operations and ability to raise additional financing.  There is no guarantee that the Company will be able to raise additional capital or sell any of its products and services at a profit.  These factors, among others, raise substantial doubt regarding the Company's ability to continue as a going concern.  The unaudited condensed accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">  </p> </div> </div>falsefalsefalsenonnum:textBlockItemTypenaGoing Concern [Text Block].No definition available.false0GOING CONCERNfalseGOING CONCERNUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.laureateresourcesandsteel.com/role/GoingConcern12