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EXCEL - IDEA: XBRL DOCUMENT - RAINBOW INTERNATIONAL, CORP.Financial_Report.xls
10-Q - FORM 10-Q - RAINBOW INTERNATIONAL, CORP.rainbow10q2q12v1.htm
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EX-31 - EXHIBIT 31 - RAINBOW INTERNATIONAL, CORP.rainbow10q2q12ex31.htm
EX-32 - EXHIBIT 32 - RAINBOW INTERNATIONAL, CORP.rainbow10q2q12ex32.htm
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v2.4.0.6
Rainbow International Corp. (A Development Stage Company) - Consolidated Balance Sheets (USD $)
Nov. 30, 2012
May 31, 2012
Current Assets    
Cash $ 3,972 $ 78
Cash held in trust 234 243,114
Total Current Assets 4,206 243,192
Property and equipment, net 262,872 0
Other Assets    
Other assets 6,651 5,000
TOTAL ASSETS 273,729 248,192
Current Liabilities    
Advances from shareholder 356,580 5,560
Other 23,174 0
Total Current Liabilities 379,754 5,560
Long-term liabilities:    
Convertible Debentures 0 0
Total long-term liabilities 0 0
Total liabilities 379,754 5,560
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value, 75,000,000 authorized, 5,747,508 and 3,500,000 shares issued and outstanding 5,748 3,540
Capital in excess of par value 18,852 21,060
Stock subscription 641,982 264,867
Deficit accumulated during the development stage (772,608) (46,835)
Total Stockholders' Equity (106,026) 242,632
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 273,728 $ 248,192