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10-K - DEGARO INNOVATIONS CORP FORM 10-K FOR 2012 - Blue Water Petroleum Corp.degaro-form10k2012.htm
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EX-32 - SOX SECTION 906 CERTIFICATION OF THE CEO - Blue Water Petroleum Corp.degaro-section906certificati.htm
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Degaro Innovations Corp. - Consolidated Balance Sheets (USD $)
Jul. 31, 2012
Jul. 31, 2011
Current Assets    
Cash $ 1,572 $ 4,387
Total Current Assets 1,572 4,387
Property and equipment, net 15,842 11,597
Total Assets 17,414 15,984
Current Liabilities    
Accounts payable and accrued liabilities 10,231 8,249
Related party payables 20,874 7,716
Loan payable 42,551 12,347
Deferred revenue 3,624 3,624
Total Liabilities 77,280 31,936
Stockholders’ Deficit    
Preferred stock, 100,000,000 shares authorized, $0.001 par value; no share issued and outstanding 0 0
Common stock, 100,000,000 shares authorized, $0.0001 par value; 51,155,000 shares issued and outstanding 5,116 5,116
Additional paid-in capital 47,452 43,194
Deficit accumulated during the development stage (112,434) (64,262)
Total Stockholders’ Deficit (59,866) (15,952)
Total Liabilities and Stockholders’ Deficit $ 17,414 $ 15,984