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No revenue, diluting massively with zero to show

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pontalba   Monday, 11/03/08 08:14:48 AM
Re: None
Post # of 42 
No revenue, diluting massively with zero to show for it:

STEALTH ENERGY INC.
An Exploration Stage Enterprise
YEAR ENDED FEBRUARY 29, 2008
February 29, February 28,
2008 2007
EXPENSES
Accounting and legal $ 115,842 $ 130,575
Consulting fees 98,390 22,628
Office and general 38,618 4,034
Property investigation costs - 164,193
Stock based compensation - 356,250
Filing and transfer agent fees 28,085 15,924
Loss before other item (280,935) (693,604)
Other item
Gain (loss) on foreign exchange 12,356 2,161
Net loss and comprehensive loss for the year (268,579) (691,443)
Deficit, beginning of year (691,443) -
Deficit, end of year $ (960,022) $ (691,443)
Basic and diluted loss per share $ (0.03) $ (0.46)
Weighted average number of common shares-2008 9,010,485 2007 1,497,699

Up a creek



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