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EXCEL - IDEA: XBRL DOCUMENT - NEW AMERICA ENERGY CORP.Financial_Report.xls
10-K - 10-K - NEW AMERICA ENERGY CORP.form10k.htm
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v2.4.0.6
Statements of Operations (USD $)
12 Months Ended 76 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
Income Statement [Abstract]      
REVENUES         
OPERATING EXPENSES      
Impairment of mineral properties 130,000 610,000 740,000
Mineral license fees    3,466 3,466
Exploration expenses 122,848    122,848
Professional fees 74,120 39,858 212,805
Management Fees 45,000 25,000 70,000
General and administration 83,720 13,893 97,613
Total Operating Expenses 455,688 692,217 1,246,732
Loss from operations (455,688) (692,217) (1,246,732)
OTHER INCOME (EXPENSE)      
Financing costs (17,609)    (17,609)
Interest expenses (1,700)    (1,700)
Total Other Income (Expense) (19,309)    (19,309)
LOSS BEFORE PROVISION FOR INCOME TAXES (474,997) (692,217) (1,266,041)
PROVISION FOR INCOME TAXES         
NET LOSS $ (474,997) $ (692,217) $ (1,266,041)
NET LOSS PER SHARE: BASIC AND DILUTED $ (0.01) $ (0.01)  
WEIGHTED AVERAGE SHARES OUTSTANDING: BASIC AND DILUTED 51,798,635 51,316,027