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EXCEL - IDEA: XBRL DOCUMENT - IMPERIAL PETROLEUM RECOVERY CORPFinancial_Report.xls
10-K - IMPERIAL PETROLEUM RECOVERY CORPORATION FORM 10-K FOR THE FISCAL YEAR ENDED OCTOBER 31, 2011 - IMPERIAL PETROLEUM RECOVERY CORPimperialpetroleum10k103111.htm
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EX-32.1 - IMPERIAL PETROLEUM RECOVERY CORPex32-1.htm
EX-10.6 - TECHNICAL SERVICES AGREEMENT - IMPERIAL PETROLEUM RECOVERY CORPex10-6.htm
EX-32.2 - IMPERIAL PETROLEUM RECOVERY CORPex32-2.htm
EX-31.1 - IMPERIAL PETROLEUM RECOVERY CORPex31-1.htm
EX-31.2 - IMPERIAL PETROLEUM RECOVERY CORPex31-2.htm
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BALANCE SHEETS (USD $)
Oct. 31, 2011
Oct. 31, 2010
CURRENT ASSETS:    
Cash and cash equivalents $ 10,951 $ 64,927
Accounts receivable, net    144
Total current assets 10,951 65,071
Property and equipment, net 143,047 225,293
Intangible assets, net 13,431 20,944
Other assets    115,450
TOTAL ASSETS 167,429 426,758
CURRENT LIABILITIES:    
Accounts payable 372,031 244,773
Accrued liabilities 2,213,253 1,869,427
Accrued liabilities - related party 917,143 630,842
Advances - related parties 61,542 107,332
Current maturities of long-term debt, net of discount 2,375,000 2,450,442
Total current liabilities 5,938,969 5,302,816
TOTAL LIABILITIES 5,938,969 5,302,816
Commitments and contingencies      
STOCKHOLDERS' DEFICIT:    
Common stock, $0.001 par value; 100,000,000 shares authorized; 48,478,180 and 46,928,180 shares issued and outstanding at October 31, 2011 and 2010, respectively 48,479 46,929
Additional paid-in capital 15,636,346 15,591,396
Accumulated deficit (21,456,365) (20,514,383)
Total Stockholders' Deficit (5,771,540) (4,876,058)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 167,429 $ 426,758