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Credex Corporation (A Development Stage Company) STATEMENTS OF OPERATIONS [Unaudited] (USD $)
3 Months Ended 6 Months Ended 70 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Finance income $ 0 $ 0 $ 0 $ 0 $ 15,417
Consulting income 0 0 0 0 8,000
Total Revenue 0 0 0 0 23,417
Travel 0 0 0 0 6,882
Office expenses 84 232 674 530 9,453
Telephone 54 0 219 0 2,963
Professional fees 43,933 [1] 1,200 [1] 116,343 [1] 2,400 [1] 259,233 [1]
Advertising 0 0 0 0 350
Portfolio purchase 0 0 0 0 21,000
Seminar 0 0 0 0 1,585
Stock transfer agent fees 0 [1] 0 [1] 0 [1] 0 [1] 5,500 [1]
Rent 665 0 2,659 0 6,512
Total Expenses 44,736 1,432 119,895 2,930 313,478
Operating Loss (44,736) (1,432) (119,895) (2,930) (290,061)
Interest income 0 0 0 0 33
Interest expense (242) 0 (302) 0 (302)
Total Other Income (Expense) (242) 0 (302) 0 (269)
Net loss before income taxes (44,978) (1,432) (120,197) (2,930) (290,330)
INCOME TAXES 0 0 0 0 0
Net Loss $ (44,978) $ (1,432) $ (120,197) $ (2,930) $ (290,330)
Basic net loss per share $ (0.01)   $ (0.02)    
Weighted average number of shares outstanding 5,899 [2] 3,724 [2] 5,899 [2] 3,699 [2]  
[1] (see Note E)
[2] (000's)