10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001654954-18-005211 |
| Period End Date | 20180331 |
| Filing Date | 20180514 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | lsmg-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
36 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
|
$5.13K | USD | Point-in-time |
| Common stock, Authorized |
CommonStockSharesAuthorized
|
480.00M | shares | Point-in-time |
| Cash |
Cash
|
$11.50K | USD | Point-in-time |
| Cash |
Cash
|
$818.00 | USD | Point-in-time |
| Cash |
Cash
|
$2.03K | USD | Point-in-time |
| Common stock, Issued |
CommonStockSharesIssued
|
49.13M | shares | Point-in-time |
| Prepaid fees |
PrepaidExpenseCurrent
|
$3.16K | USD | Point-in-time |
| Prepaid fees |
PrepaidExpenseCurrent
|
$3.73K | USD | Point-in-time |
| Common stock, Issued |
CommonStockSharesIssued
|
49.13M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$5.19K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$4.54K | USD | Point-in-time |
| Mineral Property Interest, unproven |
MineralPropertiesNet
|
$230.18K | USD | Point-in-time |
| Mineral Property Interest, unproven |
MineralPropertiesNet
|
$230.18K | USD | Point-in-time |
| Total Assets |
Assets
|
$235.37K | USD | Point-in-time |
| Total Assets |
Assets
|
$234.72K | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$19.48K | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$8.05K | USD | Point-in-time |
| Due to related parties and accrued interest |
DueToRelatedPartiesCurrent
|
$1.12M | USD | Point-in-time |
| Due to related parties and accrued interest |
DueToRelatedPartiesCurrent
|
$1.04M | USD | Point-in-time |
| Loans payable and accrued interest |
LoansPayableCurrent
|
$43.03K | USD | Point-in-time |
| Loans payable and accrued interest |
LoansPayableCurrent
|
$47.05K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.09M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.18M | 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, 2018 and December 31, 2017 |
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, 2018 and December 31, 2017 |
CommonStockValue
|
$1.95K | USD | Point-in-time |
| Additional Paid-In Capital |
AdditionalPaidInCapitalCommonStock
|
$1.51M | USD | Point-in-time |
| Additional Paid-In Capital |
AdditionalPaidInCapitalCommonStock
|
$1.54M | USD | Point-in-time |
| Accumulated Deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.37M | USD | Point-in-time |
| Accumulated Deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.49M | USD | Point-in-time |
| Total stockholders' deficiency |
StockholdersEquity
|
$-945.67K | USD | Point-in-time |
| Total stockholders' deficiency |
StockholdersEquity
|
$-856.95K | USD | Point-in-time |
| Total liabilities and stockholders' deficiency |
LiabilitiesAndStockholdersEquity
|
$234.72K | USD | Point-in-time |
| Total liabilities and stockholders' deficiency |
LiabilitiesAndStockholdersEquity
|
$235.37K | USD | Point-in-time |
Income Statement
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueNet
|
- | USD | 1 Quarter |
| Revenue |
SalesRevenueNet
|
- | USD | 1 Quarter |
| Consulting services |
TechnologyServicesCosts
|
$37.12K | USD | 1 Quarter |
| Consulting services |
TechnologyServicesCosts
|
$204.80K | USD | 1 Quarter |
| Corporate support services |
CorporateSupportServices
|
$475.00 | USD | 1 Quarter |
| Corporate support services |
CorporateSupportServices
|
$500.00 | USD | 1 Quarter |
| Mineral option fees |
MineralOptionFees
|
$24.98K | USD | 1 Quarter |
| Mineral option fees |
MineralOptionFees
|
$24.98K | USD | 1 Quarter |
| Office, foreign exchange and sundry |
GeneralAndAdministrativeExpense
|
$4.28K | USD | 1 Quarter |
| Office, foreign exchange and sundry |
GeneralAndAdministrativeExpense
|
$904.00 | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$22.23K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$4.71K | USD | 1 Quarter |
| Transfer and filing fees |
TransferAndFilingFees
|
$16.43K | USD | 1 Quarter |
| Transfer and filing fees |
TransferAndFilingFees
|
$14.32K | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$250.18K | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$105.54K | USD | 1 Quarter |
| Operating Loss |
OperatingIncomeLoss
|
$-250.18K | USD | 1 Quarter |
| Operating Loss |
OperatingIncomeLoss
|
$-105.54K | USD | 1 Quarter |
| Interest, bank and finance charges |
InterestAndDebtExpense
|
$14.00K | USD | 1 Quarter |
| Interest, bank and finance charges |
InterestAndDebtExpense
|
$10.78K | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-119.54K | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-260.96K | USD | 1 Quarter |
| Basic And Diluted Loss Per Common Share |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Basic And Diluted Loss Per Common Share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 1 Quarter |
| Weighted Average Number Of Common Shares Outstanding - Basic and Diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49.13M | shares | 1 Quarter |
| Weighted Average Number Of Common Shares Outstanding - Basic and Diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49.13M | shares | 1 Quarter |
Cash Flow Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss for the period |
NetIncomeLoss
|
$-119.54K | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-260.96K | USD | 1 Quarter |
| Foreign exchange loss |
ForeignCurrencyTransactionGainLossRealized
|
$-1.86K | USD | 1 Quarter |
| Foreign exchange loss |
ForeignCurrencyTransactionGainLossRealized
|
$-216.00 | USD | 1 Quarter |
| Stock options issued for services |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$30.82K | USD | 1 Quarter |
| Stock options issued for services |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$198.57K | USD | 1 Quarter |
| Prepaid fees |
IncreaseDecreaseInPrepaidExpense
|
- | USD | 1 Quarter |
| Prepaid fees |
IncreaseDecreaseInPrepaidExpense
|
$564.00 | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$12.97K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$28.45K | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$24.98K | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$24.98K | USD | 1 Quarter |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$14.09K | USD | 1 Quarter |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$10.60K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-13.63K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-18.79K | USD | 1 Quarter |
| Repayment of loans payable |
RepaymentsOfLongTermDebt
|
$5.00K | USD | 1 Quarter |
| Repayment of loans payable |
RepaymentsOfLongTermDebt
|
$5.00K | USD | 1 Quarter |
| Proceeds from loans payable related party |
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
$25.00K | USD | 1 Quarter |
| Proceeds from loans payable related party |
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
$25.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$20.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$20.00K | USD | 1 Quarter |
| Net Increase In Cash |
CashPeriodIncreaseDecrease
|
$1.21K | USD | 1 Quarter |
| Net Increase In Cash |
CashPeriodIncreaseDecrease
|
$6.37K | USD | 1 Quarter |
| Cash, Beginning Of Period |
Cash
|
$5.13K | USD | Point-in-time |
| Cash, Beginning Of Period |
Cash
|
$11.50K | USD | Point-in-time |
| Cash, Beginning Of Period |
Cash
|
$818.00 | USD | Point-in-time |
| Cash, Beginning Of Period |
Cash
|
$2.03K | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$5.13K | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$11.50K | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$818.00 | USD | Point-in-time |
| Cash, End Of Period |
Cash
|
$2.03K | USD | Point-in-time |
| Cash paid during the period for Interest |
InterestPaidNet
|
- | USD | 1 Quarter |
| Cash paid during the period for Interest |
InterestPaidNet
|
- | 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
|
$16.04K | USD | 1 Quarter |
| Expenses paid by related party on behalf of the Company |
ExpensesPaidByRelatedParty
|
$17.02K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.