10-Q/A Filing

LUSTROS INC. CIK: 922011 Q2 2012

Filing Information

Form Type	10-Q/A
Accession Number	`0001546079-12-000123`
Period End Date	20120630
Filing Date	20120911
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	lsld-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 27 Income Statement 32 Cash Flow Statement 30

Balance Sheet 27 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$29.03K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$948.42K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$977.45K	USD	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	175,000.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	175,000.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Fixed asset, net	`PropertyPlantAndEquipmentNet`	$7.81M	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Land	`Land`	$549.31K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	69.67M	shares	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$8.36M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$9.34M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	69.67M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.29M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$446.22K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesCurrentAndNoncurrent`	$342.39K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.08M	USD	Point-in-time
Preferred stock, $.001 par value, 10,000,000 shares authorized, 175,000 issued and outstanding	`PreferredStockValue`	$175.00	USD	Point-in-time
Common stock, $.001 par value, 100,000,000 shares authorized, 69,674,608 issued and outstanding	`CommonStockValue`	$69.67K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.39M	USD	Point-in-time
Minority interest	`MinorityInterest`	$3.26M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$219.05K	USD	Point-in-time
Accumulated deficit during exploration stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$1.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$7.25M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$9.34M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$31.06K	USD	1 Quarter
Revenue	`Revenues`	$51.94K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Gross profit	`GrossProfit`	$31.06K	USD	1 Quarter
Gross profit	`GrossProfit`	$51.94K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$484.12K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$971.66K	USD	2 Qtrs
Payroll	`SalariesWagesAndOfficersCompensation`	$598.69K	USD	2 Qtrs
Payroll	`SalariesWagesAndOfficersCompensation`	$625.78K	USD	1 Quarter
Legal and accounting	`ProfessionalFees`	$99.95K	USD	2 Qtrs
Legal and accounting	`ProfessionalFees`	$98.29K	USD	1 Quarter
Mining costs	`ExplorationCosts`	$41.94K	USD	1 Quarter
Mining costs	`ExplorationCosts`	$69.36K	USD	2 Qtrs
Research & development	`ResearchAndDevelopmentExpense`	$3.31K	USD	1 Quarter
Research & development	`ResearchAndDevelopmentExpense`	$3.69K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$1.74M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$1.25M	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.69M	USD	2 Qtrs
Loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.22M	USD	1 Quarter
Other loss	`OtherNonoperatingGainsLosses`	$-1.17K	USD	1 Quarter
Other loss	`OtherNonoperatingGainsLosses`	$-1.17K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.69M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.22M	USD	1 Quarter
Income per share, basic	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Weighted average common shares, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	62.93M	shares	1 Quarter
Net loss	`NetIncomeLoss`	$-1.69M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.22M	USD	1 Quarter
Gain on foreign currency translation	`ForeignCurrencyTransactionGainLossRealized`	$219.05K	USD	2 Qtrs
Gain on foreign currency translation	`ForeignCurrencyTransactionGainLossRealized`	$219.05K	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.47M	USD	2 Qtrs

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.69M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.22M	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$31.93K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$844.96K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-183.87K	USD	2 Qtrs
Total cash used by operations	`NetCashProvidedByUsedInOperatingActivities`	$-999.55K	USD	2 Qtrs
Funds received in Bluestone SA acquisition	`FundsReceivedInBluestoneSaAcquisition`	$892.29K	USD	2 Qtrs
Funds received in Power Save merger	`FundsReceivedInPowerSaveMerger`	$38.57K	USD	2 Qtrs
Disposal of Power Save operations	`DisposalOfPowerSaveOperations`	$20.64K	USD	2 Qtrs
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.06M	USD	2 Qtrs
Total cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-148.67K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$2.48M	USD	2 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$2.75M	USD	2 Qtrs
Stock sales	`ProceedsFromIssuanceOrSaleOfEquity`	$1.22M	USD	2 Qtrs
Total cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$958.21K	USD	2 Qtrs
Effect of foreign currency exchange rate	`EffectOfExchangeRateOnCashAndCashEquivalents`	$219.05K	USD	2 Qtrs
INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$29.03K	USD	2 Qtrs
BEGINNING CASH	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
BEGINNING CASH	`CashAndCashEquivalentsAtCarryingValue`	$29.03K	USD	Point-in-time
ENDING CASH	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
ENDING CASH	`CashAndCashEquivalentsAtCarryingValue`	$29.03K	USD	Point-in-time
Interest paid	`InterestPaid`	$-1.17K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Common stock issued to satisfy notes payable	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$1.53M	USD	2 Qtrs
Net assets acquired in reverse merger with Power Save	`NetAssetsAcquiredInReverseMergerWithPowerSave`	$63.21K	USD	2 Qtrs
Net assets acquired in Sulfatos Chile acquisition	`NetAssetsAcquiredInSulfatosChileAcquisition`	$-5.07M	USD	2 Qtrs
Net assets disposed of in Power Save sale	`NetAssetsDisposedOfInPowerSaveSale`	$-62.14K	USD	2 Qtrs
Effect of reverse merger with Power Save	`EffectOfReverseMergerWithPowerSave`	$-24.64K	USD	2 Qtrs
Contributed capital in Sulfatos Chile acquisition	`ContributedCapitalInSulfatosChileAcquisition`	$2.70M	USD	2 Qtrs
Contributed capital on Power Save sale	`ContributedCapitalOnPowerSaveSale`	$41.50K	USD	2 Qtrs

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