10-Q/A Filing
Filing Information
| Form Type | 10-Q/A |
| Accession Number | 0001654954-16-001405 |
| Period End Date | 20160331 |
| Filing Date | 20160811 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | lsmg-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, Authorized |
CommonStockSharesAuthorized
|
480.00M | shares | Point-in-time |
| Cash |
Cash
|
$5.37K | USD | Point-in-time |
| Cash |
Cash
|
$13.24K | USD | Point-in-time |
| Cash |
Cash
|
$374.00 | USD | Point-in-time |
| Cash |
Cash
|
$12.46K | USD | Point-in-time |
| Common stock, Authorized |
CommonStockSharesAuthorized
|
480.00M | shares | Point-in-time |
| Common stock, Issued |
CommonStockSharesIssued
|
49.13M | shares | Point-in-time |
| Prepaid fees |
PrepaidExpenseCurrent
|
$3.22K | USD | Point-in-time |
| Common stock, Issued |
CommonStockSharesIssued
|
49.13M | shares | Point-in-time |
| Prepaid fees |
PrepaidExpenseCurrent
|
$3.22K | USD | Point-in-time |
| Current assets |
AssetsCurrent
|
$15.67K | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Current assets |
AssetsCurrent
|
$3.59K | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Mineral Property Interest |
MineralPropertiesNet
|
$230.18K | USD | Point-in-time |
| Preferred stock, Authorized |
PreferredStockSharesAuthorized
|
20.00M | shares | Point-in-time |
| Preferred stock, Authorized |
PreferredStockSharesAuthorized
|
20.00M | shares | Point-in-time |
| Mineral Property Interest |
MineralPropertiesNet
|
$230.18K | USD | Point-in-time |
| Total Assets |
Assets
|
$233.77K | USD | Point-in-time |
| Preferred stock, Issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, Issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Total Assets |
Assets
|
$245.85K | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$14.30K | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$48.88K | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrent
|
$495.38K | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrent
|
$571.33K | USD | Point-in-time |
| Loans payable |
LoansPayableCurrent
|
$67.89K | USD | Point-in-time |
| Loans payable |
LoansPayableCurrent
|
$76.18K | USD | Point-in-time |
| Liabilities Current |
LiabilitiesCurrent
|
$688.10K | USD | Point-in-time |
| Liabilities Current |
LiabilitiesCurrent
|
$585.87K | USD | Point-in-time |
| Contractual Obligations, Commitments And Subsequent Events (Notes 4, 8 and 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Contractual Obligations, Commitments And Subsequent Events (Notes 4, 8 and 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Authorized: 480,000,000 voting common shares with a par value of $0.001 per share 20,000,0000 preferred shares with a par value of $0.001 per share Issued: 49,127,825 common shares at March 31, 2016 and December 31, 2015 |
CommonStockValue
|
$1.95K | USD | Point-in-time |
| Authorized: 480,000,000 voting common shares with a par value of $0.001 per share 20,000,0000 preferred shares with a par value of $0.001 per share Issued: 49,127,825 common shares at March 31, 2016 and December 31, 2015 |
CommonStockValue
|
$1.95K | USD | Point-in-time |
| Additional Paid-In Capital |
AdditionalPaidInCapitalCommonStock
|
$1.07M | USD | Point-in-time |
| Additional Paid-In Capital |
AdditionalPaidInCapitalCommonStock
|
$1.07M | USD | Point-in-time |
| Accumulated Deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.41M | USD | Point-in-time |
| Accumulated Deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.53M | USD | Point-in-time |
| Stockholders' deficiency |
StockholdersEquity
|
$-340.01K | USD | Point-in-time |
| Stockholders' deficiency |
StockholdersEquity
|
$-454.33K | USD | Point-in-time |
| Liabilities and Stockholders' Deficiency |
LiabilitiesAndStockholdersEquity
|
$245.85K | USD | Point-in-time |
| Liabilities and Stockholders' Deficiency |
LiabilitiesAndStockholdersEquity
|
$233.77K | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueNet
|
- | USD | 1 Quarter |
| Revenue |
SalesRevenueNet
|
- | USD | 1 Quarter |
| Consulting services |
TechnologyServicesCosts
|
$5.70K | USD | 1 Quarter |
| Consulting services |
TechnologyServicesCosts
|
$423.00 | USD | 1 Quarter |
| Corporate support services |
CorporateSupportServices
|
$1.28K | USD | 1 Quarter |
| Corporate support services |
CorporateSupportServices
|
$570.00 | USD | 1 Quarter |
| Mineral option fees |
MineralOptionFees
|
- | USD | 1 Quarter |
| Mineral option fees |
MineralOptionFees
|
$24.99K | USD | 1 Quarter |
| Office, foreign exchange and sundry |
GeneralAndAdministrativeExpense
|
$4.36K | USD | 1 Quarter |
| Office, foreign exchange and sundry |
GeneralAndAdministrativeExpense
|
$10.30K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$20.35K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$15.57K | USD | 1 Quarter |
| Transfer and filing fees |
TransferAndFilingFees
|
$16.33K | USD | 1 Quarter |
| Transfer and filing fees |
TransferAndFilingFees
|
$4.98K | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$37.34K | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$67.52K | USD | 1 Quarter |
| Operating Loss Before Other Income (Expense) |
OperatingIncomeLoss
|
$-67.52K | USD | 1 Quarter |
| Operating Loss Before Other Income (Expense) |
OperatingIncomeLoss
|
$-37.34K | USD | 1 Quarter |
| Interest, bank and finance charges |
InterestAndDebtExpense
|
$4.19K | USD | 1 Quarter |
| Interest, bank and finance charges |
InterestAndDebtExpense
|
$6.58K | USD | 1 Quarter |
| Penalties |
Penalties
|
$40.23K | USD | 1 Quarter |
| Penalties |
Penalties
|
- | USD | 1 Quarter |
| Total Other Income (Expense) |
OtherIncome
|
$-46.80K | USD | 1 Quarter |
| Total Other Income (Expense) |
OtherIncome
|
$-4.19K | USD | 1 Quarter |
| Net Loss For The Period |
NetIncomeLoss
|
$-41.53K | USD | 1 Quarter |
| Net Loss For The Period |
NetIncomeLoss
|
$-114.32K | USD | 1 Quarter |
| Basic And Diluted Loss Per Common Share |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Basic And Diluted Loss Per Common Share |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Weighted Average Number Of Common Shares Outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
46.51M | shares | 1 Quarter |
| Weighted Average Number Of Common Shares Outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49.13M | shares | 1 Quarter |
Cash Flow Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss for the period |
NetIncomeLoss
|
$-41.53K | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-114.32K | USD | 1 Quarter |
| Foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossRealized
|
$2.50K | USD | 1 Quarter |
| Foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossRealized
|
$-1.81K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$697.00 | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
- | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-8.43K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$63.93K | USD | 1 Quarter |
| Due to related party |
IncreaseDecreaseInDueToRelatedParties
|
$24.99K | USD | 1 Quarter |
| Due to related party |
IncreaseDecreaseInDueToRelatedParties
|
- | USD | 1 Quarter |
| Accrued interest payable |
PaymentsToAcquireNotesReceivable
|
$-6.51K | USD | 1 Quarter |
| Accrued interest payable |
PaymentsToAcquireNotesReceivable
|
$-4.02K | USD | 1 Quarter |
| Net cash used in Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-17.08K | USD | 1 Quarter |
| Net cash used in Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-49.13K | USD | 1 Quarter |
| Repayment of loans payable |
RepaymentsOfLongTermDebt
|
$10.00K | USD | 1 Quarter |
| Repayment of loans payable |
RepaymentsOfLongTermDebt
|
$4.00K | USD | 1 Quarter |
| Repayment of loans payable related party |
RepaymentsOfRelatedPartyDebt
|
$4.00K | USD | 1 Quarter |
| Repayment of loans payable related party |
RepaymentsOfRelatedPartyDebt
|
- | USD | 1 Quarter |
| Proceeds from loans payable related party |
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
$65.00K | USD | 1 Quarter |
| Proceeds from loans payable related party |
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
$15.00K | USD | 1 Quarter |
| Net cash provided by/used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$5.00K | USD | 1 Quarter |
| Net cash provided by/used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$57.00K | USD | 1 Quarter |
| Net Increase (Decrease) In Cash |
CashPeriodIncreaseDecrease
|
$7.87K | USD | 1 Quarter |
| Net Increase (Decrease) In Cash |
CashPeriodIncreaseDecrease
|
$-12.08K | USD | 1 Quarter |
| Cash, Beginning Of Period |
Cash
|
$5.37K | USD | Point-in-time |
| Cash, Beginning Of Period |
Cash
|
$13.24K | USD | Point-in-time |
| Cash, Beginning Of Period |
Cash
|
$374.00 | USD | Point-in-time |
| Cash, Beginning Of Period |
Cash
|
$12.46K | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$5.37K | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$13.24K | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$374.00 | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$12.46K | USD | Point-in-time |
| Cash paid during the period for Interest |
InterestPaid
|
- | USD | 1 Quarter |
| Cash paid during the period for Interest |
InterestPaid
|
- | USD | 1 Quarter |
| Cash paid during the period for Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Cash paid during the period for Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Expenses paid by related party on behalf of the Company |
ExpensesPaidByRelatedParty
|
$29.35K | USD | 1 Quarter |
| Expenses paid by related party on behalf of the Company |
ExpensesPaidByRelatedParty
|
$8.53K | USD | 1 Quarter |
| Debt settlements for common shares, to be issued |
SharesIssuedForDebtSettlement
|
- | USD | 1 Quarter |
| Debt settlements for common shares, to be issued |
SharesIssuedForDebtSettlement
|
$53.21K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.