here is the original 10q on the first filings and the shares have not changed either here.
WOLVERINE EXPLORATION INC.
(AN EXPLORATION STAGE COMPANY)
BALANCE SHEETS
August 31, 2008 May 31, 2008
(Unaudited)
ASSETS
Current assets:
Cash $ 2,684 $ 18,990
Accounts receivable 4,604 6,428
Total current assets 7,288 25,418
Unproved mineral properties 348,221 348,221
Total assets $ 355,509 $ 373,639
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 115,734 $ 84,023
Accrued liabilities 1,300 2,000
Accrued professional fees 59,279 48,075
Due to related parties 43,478 7,888
Total current liabilities 219,791 141,986
Commitments and contingencies
Stockholders' equity:
Common stock, $0.001 par value, 200,000,000 authorized; 68,630,000
issued, outstanding or subscribed at August 31 and May 31, 2008 68,630 68,630
Additional paid in capital 1,030,770 1,030,770
Deficit accumulated during the exploration stage (966,356 ) (868,421 )
Accumulated other comprehensive income 2,674 674
Total stockholders' equity 135,718 231,653
Total liabilities and stockholders' equity $ 355,509 $ 373,639
The accompanying notes are an integral part of these financial statements
F - 1
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WOLVERINE EXPLORATION INC.
(AN EXPLORATION STAGE COMPANY)
STATEMENTS OF OPERATIONS
For the Three Months Ended From February 23,
August 31, August 31, 2006 (Inception)
2008 2007 to August 31, 2008
Operating expenses:
Administrative $ 22,500 $ 23,903 $ 124,187
Advertising and promotion - 1,786 7,394
Automobile - 2 254
Bank charges and interest 97 188 1,298
Consulting fees 37,407 37,698 391,056
Exploration and development costs - 13,847 239,424
Office 79 302 1,546
Professional fees 33,357 22,264 150,488
Regulatory 1,530 527 6,778
Rent 2,963 2,950 23,370
Telephone 2 359 5,424
Travel - - 4,668
Foreign exchange transaction loss - 1,369 10,469
Net loss for the period $ (97,935 ) $ (105,195 ) $ (966,356 )
Net loss per share:
Basic and diluted $ (0.00 ) $ (0.00 )
Weighted average number of shares outstanding:
Basic and diluted 68,630,000 57,805,109
AI
