XML 44 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statement of Changes in Stockholders' Equity (Deficit) (USD $)
Preferred Stock Shares
Preferred Stock Amount
USD ($)
Common Stock Shares
Common Stock Amount
USD ($)
Additional Paid - in Capital
USD ($)
Donated Capital
USD ($)
Deficit Accumulated During the Development Stage
USD ($)
Stockholders' Equity
USD ($)
Balances at Nov. 18, 2005 0 0 0 0 0 0 0 0
November 30, 2005. 5,000,000 shares of common stock issued for cash of $50 to a founder, for $0.00001 per share 0 0 50,000 1 0 0 0 1
Donated services and rent   $ 0   $ 0 $ 0 $ 3,000 $ 0 $ 3,000
Gain (loss) for the period from November 18, 2005 (Inception)through May 31, 2006   0   0 0 0 (4,874) (4,874)
Balances at May. 31, 2006 0 0 50,000 1 0 3,000 (4,874) (1,874)
Donated services and rent   0   0 0 6,000 0 6,000
April 12, 2007, 1,004,000 shares of common stock issued for cash at $0.10 per share, minus $10,000 def off costs 0 0 10,040 0 (8,996) 0 0 (8,996)
Gain (loss) for the year   0   0 0 0 (47,360) (47,360)
Balances at May. 31, 2007 0 0 60,040 1 (8,996) 9,000 (52,234) (52,230)
Donated services and rent   0   0 0 4,500 0 4,500
April 16, 2008, 4,000,000 shares were returned by M. Pozzoni for cancellation 0 0 (40,000) 0 40 0 0 40
April 22, 2008, forward split of 35:1 declared by directors 0 0 681,360 7 (681) 0 0 (674)
May 22, 2008, 1,000,000 units consisting of 1 share and 1 warrant exercisable at $0.40 issued for cash at $0.25 per unit 0 0 10,000 0 249,990 0 0 249,990
Gain (loss) for the period May 31, 2008   0   0 0 0 (191,819) (191,819)
Balances at May. 31, 2008 0 0 711,400 7 240,353 13,500 (244,053) 9,807
June 11, 2008, 1,000,000 units consisting of 1 share and 1 warrant exercisable at $0.40 issued for cash at $0.25 per unit 0 0 10,000 0 249,990 0 0 249,990
Reclassify donated capital   0   0 13,500 (13,500) 0 0
Loss for the year   0   0 0 0 (285,988) (285,988)
Balances at May. 31, 2009 0 0 721,400 7 503,843 0 (530,041) (26,191)
June 23, 2009, 100,000 units consisting of 1 share and 1 warrant exerciseable at $0.80 issued for cash at $0.50 per unit 0 0 1,000 0 500 0 0 500
July 6, 2009 shares issued for services 0 0 251 0 12,500 0 0 12,500
July 21, 2009, 200,000 units consisting of 1share and 1 warrant exerciseable at $0.80 issued for cash at $0.50 per unit 0 0 2,000 0 1,000 0 0 1,000
July 25, 2009 issuance for down payment to Enercor for Utah lease 0 0 41,472 0 3,999,958 0 0 3,999,958
July 30, 2009, 200,000 units consisting of 1 share and 1 warrant exerciseable at $0.80 issued for cash at $0.50 per unit 0 0 2,000 0 99,998 0 0 99,998
August 5, 2009 issuance for 37.5% working interest in Utah lease 0 0 3,000 0 335,997 0 0 335,997
August 12, 2009, issuance for 62.5% working interest in Utah lease 0 0 3,000 0 311,997 0 0 311,997
August 12, 2009, 319,419 units consisting of 1 share and 1 warrant exerciseable at $1.18 issued for cash at $0.94 per unit 0 0 3,191 0 299,997 0 0 299,997
August 31, 2009, settlement of debt with former Company officer 0 0 1,535 0 125,261 0 0 125,261
September 22, 2009, 600,000 units consisting of 1 share and 1 warrant exerciseable at $1.25 issued for cash at $1.00 per unit 0 0 6,000 0 599,994 0 0 599,994
Jan 6, 2010 - Shares issued for advisor services 0 0 250 0 4,500 0 0 4,500
February 23, 2010, 606,060 units consisting of 1 share and 1 warrant exerciseable at $0.20 issued for cash at $0.165 per unit 0 0 6,060 0 99,994 0 0 99,994
Fractional shares 0 0 3 0 0 0 0 0
Gain (loss) for the period May 31, 2010   0   0 0 0 (5,796,713) (5,796,713)
Balances at May. 31, 2010 0 0 791,162 8 6,395,539 0 (6,326,754) 68,793
Shares issued on July 20, 2010 0 0 50,000 1 100,000 0 0 100,000
Net loss for the year ended May 31, 2011   0   0 0 0 (378,985) (378,985)
Balances at May. 31, 2011 0 0 841,162 8 6,495,538 0 (6,705,739) (210,192)
Shares Issued for services received 0 0 150,000 150 299,850 0 0 300,000
Net loss for the period ended May 31, 2012   0   0 0 0 (361,718) (361,718)
Balances at May. 31, 2012 0 0 991,162 158 6,795,388 0 (7,067,457) (271,910)
Net loss for the period ended May 31, 2013   $ 0   $ 0 $ 0 $ 0 $ (38,090) $ (38,090)
Balances at May. 31, 2013 0 0 991,162 158 6,795,388 0 (7,105,547) (310,000)