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10-Q - 10-Q - Sports Asylum, Inc.form10q.htm
EX-32.1 - CERTIFICATION - Sports Asylum, Inc.ex321.htm
EX-32.2 - CERTIFICATION - Sports Asylum, Inc.ex322.htm
EX-31.1 - CERTIFICATION - Sports Asylum, Inc.ex311.htm
EX-31.2 - CERTIFICATION - Sports Asylum, Inc.ex312.htm
EXCEL - IDEA: XBRL DOCUMENT - Sports Asylum, Inc.Financial_Report.xls
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v2.3.0.15
Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended18 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Aug. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES   
Net income (loss)$ (3,575)$ (9,354)$ (39,848)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:   
Expenses paid by shareholders  2,900
Impairment loss on mineral claim  5,000
Changes in operating assets and liabilities:   
Accounts Payable1,190 4,580
NET CASH FLOWS USED IN OPERATING ACTIVITIES(2,385)(9,354)(27,368)
CASH FLOWS FROM INVESTING ACTIVITIES   
Acquisition of mineral claim  (5,000)
NET CASH FLOWS USED IN INVESTING ACTIVITIES  (5,000)
CASH FLOWS FROM FINANCING ACTIVITIES   
Advance from related parties2,385 2,385
Proceeds from issuance of common stock  30,000
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES2,385 32,385
NET INCREASE (DECREASE) IN CASH (9,354)17
CASH AT BEGINNING OF PERIOD1723,986 
CASH AT END OF PERIOD1714,63217
Supplemented Disclosure of Non-cash Financing Activities   
Expenses paid by shareholders  $ 2,900