For the quarter ending 2025-09-30, RITE has $432,297,889 in assets. $5,022,207 in debts. $13,475 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Accounts receivable | 0 | 0 | ||
| Inventory | 0 | 0 | ||
| Employee advances | 0 | 0 | ||
| Note receivable | 0 | 0 | ||
| Cash and cash equivalents | 13,475 | 38,448 | ||
| Prepaid services | 6,496 | 6,496 | ||
| Total current assets | 19,971 | 44,944 | ||
| Property, plant & equipment | 438,414 | 438,414 | ||
| Less accumulated depreciation & write downs | 198,414 | 198,414 | ||
| Total property and equipment, net | 240,000 | 240,000 | ||
| Prepaid services - long-term portion | 0 | 0 | ||
| Less accumulated depletion | 0 | 0 | ||
| Investments | 18,360 | 36,000 | ||
| Mineral assets | 432,019,558 | 432,016,158 | ||
| Total other assets | 432,037,918 | 432,052,158 | ||
| Total assets | 432,297,889 | 432,337,102 | ||
| Accounts payable | 21,907 | 20,711 | ||
| Liability due to committed shares in excess of authorized | - | 0 | ||
| Other liabilities | 4,997,300 | 4,997,300 | ||
| Total current liabilities | 5,019,207 | 5,018,011 | ||
| Notes payable | 3,000 | 33,321 | ||
| Derivative liabilities | - | 0 | ||
| Convertible debt | - | 117,500 | ||
| Total long-term liabilities | 3,000 | 150,821 | ||
| Total liabilities | 5,022,207 | 5,168,832 | ||
| Preferred stock value-Series APreferred Stock | 105 | 105 | ||
| Preferred stock value-Series DPreferred Stock | - | 0 | ||
| Preferred stock value-Series BPreferred Stock | 14 | 14 | ||
| Preferred stock value-Series CPreferred Stock | 669,985 | 628,485 | ||
| Preferred stock value-Series NMCPreferred Stock | 172,500,000 | 172,500,000 | ||
| Common stock, no par value 20,000,000,000 authorized 4,554,776,842 issued at 09/30/25 4,347,776,842 issued at 12/31/24 | 3,913,135 | 3,913,135 | ||
| Additional paid-in capital | 254,788,294 | 254,746,969 | ||
| Other comprehensive gain/(loss) | - | 0 | ||
| Accumulated deficit | -4,595,851 | -4,620,438 | ||
| Total stockholders' equity (deficit) | 427,275,682 | 427,168,270 | ||
| Total liabilities and stockholders' equity (deficit) | 432,297,889 | 432,337,102 | ||
MINERALRITE Corp (RITE)
MINERALRITE Corp (RITE)