Farm Lands of Africa, Inc. - FORM 10-K - XML - IDEA: XBRL DOCUMENT - January 20, 2012



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v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
2 Months Ended 12 Months Ended 14 Months Ended
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2011
Revenues $ 0 $ 0 $ 0
General and administrative expenses (20,365) (981,644) (1,002,009)
LOSS FROM OPERATIONS (20,365) (981,644) (1,002,009)
Other Income (Expense):      
Interest income 0 129 129
Gain (loss) on derivative liability 0 (8,096) (8,096)
Total other income (expense) 0 (7,967) (7,967)
LOSS BEFORE TAXES (20,365) (989,611) (1,009,976)
Income tax expense 0 1,100 1,100
NET LOSS (20,365) (990,711) (1,011,076)
Net loss attributable to non-controlling interests 2,036 0 2,036
Net loss attributable to Farm Lands of Guinea (18,329) (990,711) (1,009,040)
Comprehensive loss:      
Comprehensive loss attributable to Farm Lands of Guinea (18,329) (990,711) (1,009,040)
Comprehensive loss attributable to non-controlling interests (2,036) 0 (2,036)
Unrealized gain (loss) on current asset investments 0 (129,936) (129,936)
Comprehensive loss $ (20,365) $ (1,120,647) $ (1,141,012)
Basic and diluted earnings (loss) per share $ (0.01) $ (0.14)  
Weighted average common shares outstanding: Basic and diluted 1,950,250 7,074,973  

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