P2 Solar, Inc. - FORM 10-Q/A - XML - IDEA: XBRL DOCUMENT - September 14, 2011

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10-Q/A - P2 Solar, Inc.p2solar_form10qa20110630fina.htm
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EXCEL - IDEA: XBRL DOCUMENT - P2 Solar, Inc.Financial_Report.xls
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v2.3.0.11
Balance Sheet (USD $)
Jun. 30, 2011
Mar. 31, 2011
Current Assets    
Cash $ 61,750 $ 3,162
Prepaid Assets 11,491 149,316
Performance Bond   15,171
Interest Receivable on Loan to PVT 292,721 278,837
Loan to PVT Receivable 1,485,000 1,485,000
Security for Legal Costs PVT 103,642 103,135
Total Current Assets 1,954,642 2,034,621
Solar Panel License (230,000)  
Total Assets 1,954,642 2,034,621
Current Liabilities    
Accounts Payable 71,397 77,776
Accrued Liabilities   10,000
Loan Payable 41,800 40,800
Due to Related Parties 105,407 88,163
Total Current Liabilities 218,604 216,739
Total Liabilities 218,604 216,739
Stockholders' Equity    
Common Stock 53,968 [1] 52,228 [2]
Additional Paid-in Capital 5,911,580 5,739,320
Preferred Stock 1,000 [3] 1,000 [4]
Preferred Stock Additional Paid in Capital 2,268,900 2,268,900
Share Subscriptions 40,200 32,000
Other Comprehensive Loss (298,732) (297,492)
Deficit Accomulated during Development Stage (6,240,879) (5,978,073)
Total Stockholders' Equity 1,736,038 1,817,882
Total Liabilities and Stockholders' Equity $ 1,954,642 $ 2,034,621
[1] Authorised 500,000,000 Common Shares, with a par value $0.001, as of June 30, 2011
[2] Authorised 500,000,000 Common Shares, with a par value $0.001, as of March 31, 2011
[3] Authorised 5,000,000 Preferred Shares, with a par value $0.001 as of June 30, 2011
[4] Authorised 5,000,000 Preferred Shares, with a par value $0.001 as of March 31, 2011

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