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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
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v2.4.0.6
Rainbow International Corp. (A Development Stage Company) - Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended 19 Months Ended
Nov. 30, 2012
Nov. 30, 2011
Nov. 30, 2012
Nov. 30, 2011
Nov. 30, 2012
Sales $ 0 $ 0 $ 0 $ 0 $ 0
Cost of Sales 0 0 0 0 0
Gross Profit 0 0 0 0 0
General and administrative expenses:          
Exploration costs 255,034 0 378,567 0 378,567
Legal and professional fees 54,106 0 107,972 0 152,269
Office costs 4,076 0 53,823 0 53,823
Contract labor 77,560 0 121,383 0 121,383
Depreciation 27,908 0 27,908 0 27,908
Rent 4,493 0 4,493 0 4,493
Travel 19,939 0 19,939 0 19,939
Other general and administrative 9,387 812 11,687 3,350 14,226
Total operating expenses 452,503 812 725,772 3,350 772,608
(Loss) from operations (452,503) (812) (725,772) (3,350) (772,608)
Other income (expense):          
Interest Income 0 0 0 0 0
Interest (expense) 0 0 0 0 0
(Loss) before taxes (452,503) (812) (725,772) (3,350) (772,608)
Provision (credit) for taxes on income 0 0 0 0 0
Net (loss) $ (452,503) $ (812) $ (725,772) $ (3,350) $ (772,608)
Basic earnings (loss) per common share $ (0.08) $ 0.00 $ (0.13) $ 0.00  
Weighted average number of shares outstanding 5,747,508 3,228,516 5,747,508 3,113,634