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EXCEL - IDEA: XBRL DOCUMENT - DYM ENERGY CorpFinancial_Report.xls
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EX-31.1 - DYM ENERGY Corpdym10kex311083112.htm
EX-32.1 - DYM ENERGY Corpdym10kex321083112.htm
10-K - DYM ENERGY, INC. - DYM ENERGY Corpdym10k083112.htm
v2.4.0.6
Statements of Cash Flows (USD $)
12 Months Ended 74 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
Operating Activities      
Net loss for the period $ (122,342) $ (51,724) $ (386,917)
Adjustments to reconcile net loss to net cash used in operations:      
Donated services       12,800
Gain on transfer of equipment (7,530)    (7,530)
Change in operating assets and liabilities:      
Prepaid expenses (825)    (825)
Accounts receivable (1,097)    (1,097)
Accounts payable- related party (15,812) 19,300 3,488
Accrued interest - related party (6,408) 2,535 2,707
Net Cash Used In Operating Activities (154,014) (29,889) (377,374)
Investing Activities      
Acquisition of equipment (17,000)    (17,000)
Acquisition of oil and gas properties (196,776)    (196,776)
Development of oil and gas properties (182,453)    (182,453)
Net Cash Used in Investing Activities (396,229)    (396,229)
Financing Activities      
Promissory notes - related party 60,000    60,000
Advance from related party    9,047 28,040
Common share redemption (1,000)    (1,000)
Proceeds from issuance of common stock 500,000    697,000
Net Cash Provided by Financing Activities 559,000 9,047 784,040
Change in Cash and Cash Equivalents 8,757 (20,842) 10,437
Cash and Cash Equivalents - Beginning of Period 1,680 22,522   
Cash and Cash Equivalents - End of Period 10,437 1,680 10,437
Supplemental Disclosures      
Interest paid         
Income taxes paid         
Non-cash Transaction      
Transfer of equipment to oil and gas properties 24,530    24,530
Contributed capital- debt forgiveness       $ 18,993