Posted On: 07/16/2014 3:02:39 PM
Post# of 43

LRDC Financials 07/16/2014 14:02:43
Laredo Oil, Inc
Period Ending May 31, 2013 May 31, 2012 May 31, 2011 May 31, 2010
Total Revenue 2,205 1,581 - -
Cost of Revenue 1,955 1,145 - -
Gross Profit 250 436 - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 849 5,466 1,224 900
Non-Recurring Items - - - -
Other - - - -
Operating Income (599) (5,030) (1,224) (900)
Income From Continuing Operations
Add'l Income/Expense Items (67) 741 339 -
Earnings Before Interest and Tax (666) (4,289) (885) (900)
Interest Expense 22 25 43 6
Earnings Before Tax (688) (4,314) (928) (906)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (688) (4,314) (928) (906)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (688) (4,314) (928) (906)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (688) (4,314) (928) (906)
Laredo Oil, Inc
Period Ending May 31, 2013 May 31, 2012 May 31, 2011 May 31, 2010
Total Revenue 2,205 1,581 - -
Cost of Revenue 1,955 1,145 - -
Gross Profit 250 436 - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 849 5,466 1,224 900
Non-Recurring Items - - - -
Other - - - -
Operating Income (599) (5,030) (1,224) (900)
Income From Continuing Operations
Add'l Income/Expense Items (67) 741 339 -
Earnings Before Interest and Tax (666) (4,289) (885) (900)
Interest Expense 22 25 43 6
Earnings Before Tax (688) (4,314) (928) (906)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (688) (4,314) (928) (906)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (688) (4,314) (928) (906)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (688) (4,314) (928) (906)

