US Global Nanospace Inc · 10QSB · For 12/31/3, On 2/23/4
Table in Document 1 of 4 · 10QSB · Quarterly Report -- Small Business
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US Global Nanospace, Inc.
(Formerly US Global Aerospace, Inc.)
(A development stage company)
Statement of Stockholders' Deficit
Nine Months Ended December 31, 2003
Accumulated
Additional Deferred Development Total
Common Stock Paid-in Compensation Stage Stockholders'
Shares Amount Capital and Services Deficit Deficit
------ ------ ------- ------------ ------- -------
Balance at April 1, 2003 75,788,890 $ 75,789 $ 8,000,120 $ (3,720,752) $ (7,054,355) $ (2,699,198)
Issuance of common stock on April 10, 2003 in
consideration for wages at $0.10 per share 2,794,684 2,795 276,674 279,469
Issuance of common stock on May 13, 2003 in
consideration for accounts payable at $0.06 per
share 583,334 583 34,417 35,000
Issuance of common stock on June 23, 2003 in
consideration for services at $0.06 per share 60,000 60 3,540 3,600
Issuance of common stock on July 8, 2003 in
consideration for accounts payable at $0.20 per
share 388,622 389 77,335 77,724
Issuance of common stock on July 9, 2003 in
consideration for accounts payable at $0.22 per
share 136,364 136 29,864 30,000
Issuance of common stock on July 9, 2003 in
consideration for accounts payable at $0.22 per
share 500,000 500 109,500 110,000
Issuance of common stock on July 14, 2003 in
consideration for services at $0.06 per share 20,000 20 1,180 1,200
Issuance of common stock on July 18, 2003 in
consideration for wages at $0.40 per share 860,343 860 343,277 344,137
Issuance of common stock on July 23, 2003 in
consideration for services at $0.34 per share 20,000 20 6,780 6,800
Issuance of common stock on July 25, 2003 in
consideration for wages at $0.29 per share 1,000,000 1,000 249,000 250,000
Redemption of common stock on July 28, 2003 in
consideration for wages at $0.40 per share (13,647) (14) (5,445) (5,459)
Issuance of common stock on July 30, 2003 in
consideration for services at $0.34 per share 60,000 60 20,340 20,400
Issuance of common stock on August 23, 2003
in consideration for services at $0.23 per share 20,000 20 4,580 4,600
Issuance of common stock on September 22,
2003 in consideration for services at $0.22 per
share 60,000 60 13,140 13,200
--------------------------------------------------------------------------------Issuance of common stock on September 22,
2003 in consideration for services at $0.23 per
share 65,218 65 14,935 15,000
Issuance of common stock on September 23, 2003
in consideration for legal services at $0.23 per
share 327,134 327 74,914 75,241
Issuance of common stock on October 1, 2003 in
consideration for wages at $0.17 per share 3,390,138 3,390 572,933 576,323
Redemption of common stock on October 14, 2003
in consideration for wages at $0.17 per share (71,120) (71) (12,019) (12,090)
Issuance of common stock on October 22, 2003 in
consideration for accounts payable at $0.17 per
share 187,879 188 30,812 31,000
Issuance of common stock on October 23, 2003 in
consideration for services at $0.16 per share 20,000 20 3,180 3,200
Issuance of common stock on October 27, 2003 in
consideration for services at $0.16 per share 60,000 60 9,540 9,600
Issuance of common stock on November 18, 2003 in
consideration for services at $0.21 per share 20,000 20 4,180 4,200
Issuance of common stock on November 21, 2003 in
consideration for accounts payable at $0.55 per
share 32,521 33 17,853 17,886
Issuance of common stock on November 24, 2003 in
consideration for services at $0.46 per share 20,000 20 9,180 9,200
Cancellation of common stock on December 3, 2003
originally issued for services at $0.18 per share (843,750) (844) (115,782) 116,626 -
Issuance of common stock on December 15, 2003 in
consideration for stock bonus at $1.06 per share 1,328,070 1,328 1,406,426 1,407,754
Issuance of common stock on December 18, 2003 in
consideration for services at $0.805 per share 15,000 15 12,060 12,075
Amortization of deferred compensation and
Services 2,413,587 2,413,587
Net loss for the period (5,828,408) (5,828,408)
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Balance at December 31, 2003 $ 86,829,680 $ 86,829 $ 11,192,514 $ (1,190,539) $(12,882,763) $ (2,793,959)
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The accompanying notes are an integral part of these financial statements. |
