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Consolidated Balance Sheets (Unaudited) (USD $)
Feb. 29, 2012
May 31, 2011
Current assets:    
Cash $ 275,958 $ 217,312
Loan receivable 400,000 0
Prepaid expenses 13,332 10,000
Assets of discontinued operations 0 238,189
Total current assets 689,290 465,501
Assets of discontinued operations 20,493 1,228,909
TOTAL ASSETS 709,783 1,694,410
Current liabilities:    
Accounts payable and accrued expenses 223,715 142,722
Accrued interest 664,430 214,630
Related party payable 90,165 0
Derivative liabilities - short-term 47,160 0
Convertible debt - related party, net of unamortized discount of $- and $24,178 as of February 29, 2012 and May 31, 2011, respectively 393,159 398,981
Convertible debt, net of unamortized discount of $533,407 and $680,014 as of February 29, 2012, and May 31, 2011, respectively 2,966,593 694,986
Liabilities of discontinued operations 2,311,309 1,340,539
Total current liabilities 6,696,531 2,791,858
Derivative liability - long-term 369,368 0
Total liabilities 7,065,899 2,791,858
Stockholders' Deficit:    
Preferred stock: $0.0001 par value; 10,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock: $0.0001 par value; 300,000,000 shares authorized; 157,800,414 and 99,993,158 shares issued as of February 29, 2012 and May 31, 2011, respectively; 147,800,414 and 99,993,158 shares outstanding as of February 29, 2012 and May 31, 2011, respectively 14,780 9,999
Additional paid-in capital 19,338,558 5,362,610
Subscription receivable 0 (70,000)
Accumulated other comprehensive loss 56,918 40,400
Accumulated deficit (25,733,513) (6,437,477)
Total stockholder's deficit of TurkPower Corporation (6,323,257) (1,094,468)
Non-controlling interest (32,859) (2,980)
Total stockholders' deficit (6,356,116) (1,097,448)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 709,783 $ 1,694,410