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EXCEL - IDEA: XBRL DOCUMENT - RAINBOW INTERNATIONAL, CORP.Financial_Report.xls
10-Q - FORM 10-Q - RAINBOW INTERNATIONAL, CORP.rainbow10q2q12v1.htm
XML - IDEA: XBRL DOCUMENT - RAINBOW INTERNATIONAL, CORP.R3.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
Note 7 - Business Combination: Business combinations (Details) (USD $)
3 Months Ended 6 Months Ended 19 Months Ended 2 Months Ended 3 Months Ended 2 Months Ended 3 Months Ended 2 Months Ended 3 Months Ended 2 Months Ended 3 Months Ended
Nov. 30, 2012
Nov. 30, 2011
Nov. 30, 2012
Nov. 30, 2011
Nov. 30, 2012
Jul. 31, 2012
May 31, 2012
May 15, 2012
Feb. 01, 2012
May 27, 2011
Jul. 31, 2012
RainbowMember
Aug. 31, 2012
RainbowMember
Jul. 31, 2012
AslanayMember
Aug. 31, 2012
AslanayMember
Jul. 31, 2012
ElimMember
Aug. 31, 2012
ElimMember
Jul. 31, 2012
ConsolMember
Aug. 31, 2012
ConsolMember
Cash $ 3,972   $ 3,972   $ 3,972   $ 78         $ 234   $ 3,972   $ 0   $ 4,206
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures                       120,000   0   (120,000)   0
Other Assets, Current                       0   6,651   0   6,651
Total Current Assets 4,206   4,206   4,206   243,192         120,234   10,623   (120,000)   10,857
Investments in and Advances to Affiliates, at Fair Value                       (198,699)   0   198,699   0
Property and equipment, net 262,872   262,872   262,872   0         0   276,872   0   262,872
TOTAL ASSETS 273,729   273,729   273,729   248,192         (78,465)   273,495   78,699   273,729
Intercompany                       $0   $120,000   $0   $120,000
Other Expenses                     285 585 92 11,102 0 0 377 11,687
Total Current Liabilities 379,754   379,754   379,754   5,560         7,000   136,174   (120,000)   23,174
Common Stock, Value, Issued           377,115   264,867 21,600 3,000   5,748   530,495   (530,495)   5,748
Additional Paid in Capital, Common Stock                       18,852   0   0   18,852
Stock subscription     377,114 0 641,982             641,982   0   0   641,982
Retained Earnings (Accumulated Deficit)                       (772,607)   (729,194)   729,194   (772,607)
Total Stockholders' Equity (106,026)   (106,026)   (106,026)   242,632         (106,025)   (198,699)   198,699   (106,025)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 273,728   273,728   273,728   248,192         (78,465)   273,495   78,699   273,729
Revenues                     0 0 0 0 0 0 0 0
Exploration costs 255,034 0 378,567 0 378,567           24,046 34,046 11,400 344,521 0 0 35,446 378,567
Operating Leases, Rent Expense                     0 0 30,531 107,972 0 0 30,531 107,972
Contract labor 77,560 0 121,383 0 121,383           20,000 40,000 4,044 13,823 0 0 24,044 53,823
Professional Fees                     29,809 75,327 0 46,056 0 0 29,809 121,383
Total operating expenses 452,503 812 725,772 3,350 772,608           74,140   46,067   0   120,207  
(Loss) from operations (452,503) (812) (725,772) (3,350) (772,608)           (74,140) (149,958) (46,067) (575,814) 0 0 (120,207) (725,772)
Other Noncash Income (Expense)                     0   0   0   0  
Results of Operations, Income before Income Taxes                     (74,140) (725,772) (46,067) (575,814) 0 575,814 (120,207) (725,772)
Cash paid for income Taxes     0 0 0           0 0 0 0 0 0 0 0
Net (loss) $ (452,503) $ (812) $ (725,772) $ (3,350) $ (772,608)           $ (74,140)   $ (46,067)   $ 0   $ (120,207)