Attached files

file filename
8-K - BLUE DOLPHIN ENERGY COMPANY - BLUE DOLPHIN ENERGY CObdco8k083110.htm
 

BLUE DOLPHIN ENERGY COMPANY AND SUBSIDIARIES
 
Pro Forma Calculation of Stockholders’ Equity at July 31, 2010
 
                         
                         
                         
                      Total  
    Common     Additional     Retained     Stockholders'  
    Stock     Paid-In Capital     Earnings     Equity  
                         
Balance at December 31, 2009
    16,967     $ 32,880,208     $ (30,107,652 )   $ 2,789,524  
                                 
Common stock issued for services, February 15, 2010
    73       19,927               20,000  
                                 
Option expense, March 31, 2010
            40,320               40,320  
                                 
Net loss, March 31, 2010
                    (525,754 )     (525,754 )
                                 
Common stock issued for services, May 15, 2010
    110       19,890               20,000  
                                 
Option expense, June 30, 2010
            13,440               13,440  
                                 
Net loss, June 30, 2010
                    (369,937 )     (369,937 )
                                 
Blue Sky Langsa Limited acquisition, July 26, 2010
    3,429       682,285               685,714  
                                 
Net income, July 2010(*)
                    43,802       43,802  
                                 
      20,579     $ 33,656,070     $ (30,959,540 )   $ 2,717,109  
 
 
(*) includes $201,000 recovery of bad debt from saltwater disposal well acquisition.