10-Q Filing

LUSTROS INC. CIK: 922011 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001108078-12-000201`
Period End Date	20120331
Filing Date	20120521
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	pwsv-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 27 Income Statement 27 Cash Flow Statement 16

Balance Sheet 27 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
Cash	`Cash`	$303.40K	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	62.86M	shares	Point-in-time
Notes receivable	`AccountsAndNotesReceivableNet`	$52.00K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	62.86M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	62.86M	shares	Point-in-time
Prepaid expenses	`PrepaidExpense`	$663.99K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	62.86M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.02M	USD	Point-in-time
Fixed asset, net	`PropertyPlantAndEquipmentNet`	$4.43M	USD	Point-in-time
Intangible assets, net of impairment	`IntangibleAssetsNetExcludingGoodwill`	$4.46M	USD	Point-in-time
Other assets	`OtherAssets`	-	USD	Point-in-time
Total Non-Current Assets	`AssetsNoncurrent`	$8.89M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$9.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$327.24K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$2.20M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.53M	USD	Point-in-time
Common stock, $.001 par value, 100,000,000 shares authorized, 62,856,426 issued and outstanding	`CommonStockValue`	$62.86K	USD	Point-in-time
Paid in capital	`AdditionalPaidInCapital`	$10.46M	USD	Point-in-time
Gain/loss on foreign currency conversion	`GainlossOnForeignCurrencyConversion`	$-50.55K	USD	Point-in-time
Other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.12M	USD	Point-in-time
Net income/(loss) accumulated during development stage	`NetIncomelossAccumulatedDuringDevelopmentStage`	$-964.13K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$7.39M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$9.91M	USD	Point-in-time

Income Statement 27 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$12.53K	USD	1 Quarter
Revenue	`Revenues`	$12.53K	USD	6 Qtrs
Gross profit/(loss)	`GrossProfit`	$12.53K	USD	1 Quarter
Gross profit/(loss)	`GrossProfit`	$12.53K	USD	6 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$894.58K	USD	6 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$398.83K	USD	1 Quarter
Legal and accounting	`ProfessionalFees`	$1.63K	USD	1 Quarter
Legal and accounting	`ProfessionalFees`	$7.39K	USD	6 Qtrs
Mining costs	`ExplorationCosts`	$70.54K	USD	6 Qtrs
Mining costs	`ExplorationCosts`	$12.78K	USD	1 Quarter
Research & development	`ResearchAndDevelopmentExpense`	$23.05K	USD	6 Qtrs
Research & development	`ResearchAndDevelopmentExpense`	$3.44K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$416.69K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$995.56K	USD	6 Qtrs
Ordinary income (loss) from continued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-404.16K	USD	1 Quarter
Ordinary income (loss) from continued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-983.03K	USD	6 Qtrs
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-18.90K	USD	6 Qtrs
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$18.90K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-385.25K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-964.13K	USD	6 Qtrs
Income per share	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Weighted average common shares	`WeightedAverageCommonSharesOutstanding`	18.02M	shares	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-385.25K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-964.13K	USD	6 Qtrs
Gain/(loss) on foreign currency conversion	`GainlossOnForeignCurrencyConversion`	$-50.55K	USD	Point-in-time
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-435.80K	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.01M	USD	6 Qtrs

Cash Flow Statement 16 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`NetIncomeLoss`	$-385.25K	USD	1 Quarter
Net income/(loss)	`NetIncomeLoss`	$-964.13K	USD	6 Qtrs
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-18.90K	USD	6 Qtrs
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$18.90K	USD	1 Quarter
Other receivable	`IncreaseDecreaseInOtherReceivables`	$-52.00K	USD	6 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$327.24K	USD	6 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-663.99K	USD	6 Qtrs
Total cash from operations	`NetCashProvidedByUsedInOperatingActivities`	$-1.37M	USD	6 Qtrs
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.43M	USD	6 Qtrs
Total cash used in investing activites	`NetCashProvidedByUsedInInvestingActivities`	$-4.43M	USD	6 Qtrs
Stock sales	`ProceedsFromIssuanceOrSaleOfEquity`	$6.16M	USD	6 Qtrs
Total cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.16M	USD	6 Qtrs
Effect if foreign currency exchange rate	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-50.55K	USD	6 Qtrs
INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$303.40K	USD	6 Qtrs
BEGINNING CASH	`CashAndCashEquivalentsAtCarryingValue`	$303.40K	USD	Point-in-time
ENDING CASH	`CashAndCashEquivalentsAtCarryingValue`	$303.40K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.