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nris: the balance sheet
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Properties subject to
amortization
$3,218,232
Account receivable - oil
& gas
$15,010
Cash
$40,323
Total oil and gas
property, net
$198,813
Total current assets
$55,333
Less accumulated
depletion and impairment
$3,019,419
Total assets
$254,146
Accumulated deficit
-$12,193,128
Total liabilities and
stockholders deficit
$254,146
Total stockholders
deficit
-$4,425,832
Additional paid-in capital
$7,658,050
Common stock, 0.001 par
value per share,...
$108,246
Preferred stock,
value-Series AConvertible...
$1,000
Total liabilities
$4,679,978
Asset retirement
obligations
$354,588
Accounts payable and
accrued expenses -...
$695,570
Convertible note payable -
related party-Related...
$3,500,000
Total current
liabilities
$129,820
Accounts payable and
accrued expenses
$129,820
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Balance Sheet
source: myfinsight.com
Norris Industries, Inc. (NRIS)
Norris Industries, Inc. (NRIS)