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MASCOT PROPERTIES, INC. Balance Sheets (USD $)
Sep. 30, 2011
Jun. 30, 2011
Cash$ 78$ 13
Total Current Assets7813
TOTAL ASSETS7813
Accounts Payable and Accrued Expenses5,5005,500
Note Payable - Related Parties30,77518,550
Total Current Liabilities36,27524,050
Preferred stock [1] [1]
Common stock1,042[2]1,042[2]
Additional paid-in capital59,67859,678
Deficit accumulated during the development stage(96,917)(84,757)
Total Stockholders' Equity (Deficit)(36,197)(24,037)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)$ 78$ 13
[1]$0.00001 par value, 20,000,000 shares authorized, 0 shares issued and outstanding
[2]$0.00001 par value, 250,000,000 shares authorized, 104,208,000 and 104,208,000 shares issued and oustanding at September 30, 2011 and June 30, 2011, respectively.