Financial Statements |
TRS.TSX Venture Financial Statements |
| STATEMENTS OF OPERATIONS AND DEFICIT |
|
3 Months Ended May 31, 2002 |
3 Months Ended May 31, 2001 | |
EXPENSES |
||
Amortization |
$ - | $ - |
Bank charges and interest |
134 | 215 |
Management fees |
8,300 | 4,200 |
Office and miscellaneous |
4,826 | 3,600 |
Professional fees |
1,729 | 122 |
Telephone |
805 | 902 |
Transfer agent and regulatory fees |
4,604 | 4,136 |
Travel and promotion |
11,801 | 2,727 |
| Loss for the period | (32,199) | (15,902) |
|
||
Deficit, beginning of period |
(3,550,462) | (3,586,924) |
Deficit, end of period |
$ (3,582,661) | $ (3,586,924) |
| Weighted average number of shares outstanding | 14,536,475 | 9,752,401 |
Basic and diluted loss per share |
$ (0.002) | $ (0.002) |
The accompanying notes are an integral part of these financial statements.
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