Ceres Ventures, Inc. - 10-Q filing on 2012-05-21

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (USD $)	Total	Issuance During Period 1st	Issuance During Period 2nd	Issuance During Period 3rd	Accounts Payable Issuance During Period 1st	Accounts Payable Issuance During Period 2nd	Notes Payable Issuance During Period 3rd	Common Stock	Common Stock Issuance During Period 1st	Common Stock Issuance During Period 2nd	Common Stock Issuance During Period 3rd	Common Stock Accounts Payable Issuance During Period 1st	Common Stock Accounts Payable Issuance During Period 2nd	Common Stock Notes Payable Issuance During Period 3rd	Additional Paid-in Capital	Additional Paid-in Capital Issuance During Period 1st	Additional Paid-in Capital Issuance During Period 2nd	Additional Paid-in Capital Issuance During Period 3rd	Additional Paid-in Capital Accounts Payable Issuance During Period 1st	Additional Paid-in Capital Accounts Payable Issuance During Period 2nd	Additional Paid-in Capital Notes Payable Issuance During Period 3rd	Deficit Accumulated during the Development Stage
Beginning Balance at Oct. 13, 2010
Issuance of Units at $0.033 per share (in shares)								300,000
Issuance of Units at $0.033 per share	$ 10,000							$ 3							$ 9,997
Issuance of common stock (in shares)								60,000,000
Issuance of common stock	20,000							600							19,400
Net loss	(50,855)																					(50,855)
Ending Balance at Dec. 31, 2010	(20,855)							603							29,397							(50,855)
Ending Balance (in shares) at Dec. 31, 2010								60,300,000
Issuance of Units at $0.033 per share (in shares)									5,865,000	2,437,500	562,500
Issuance of Units at $0.033 per share		195,500	81,250	18,750					59	24	6					195,441	81,226	18,744
Share based compensation (in shares)								285,000
Share based compensation	18,109							3							18,106
Issuance of common stock (in shares)								1,500,000
Issuance of common stock	50,000							15							49,985
Effect of reverse merger recapitalization on December 29, 2011 (in shares)								4,829,872
Effect of reverse merger recapitalization on December 29, 2011	(451,915)							48							(451,963)
Conversion to common stock (in shares)												844,860	906,825	7,500,000
Conversion to common stock					28,162	90,682	167,585					8	9	75					28,154	90,673	167,510
Net loss	(571,601)																					(571,601)
Ending Balance at Dec. 31, 2011	(394,333)							850							227,273							(622,456)
Ending Balance (in shares) at Dec. 31, 2011								85,031,557
Share based compensation	1,870														1,870
Net loss	(98,955)																					(98,955)
Ending Balance at Mar. 31, 2012	$ (491,418)							$ 850							$ 229,143							$ (721,411)
Ending Balance (in shares) at Mar. 31, 2012								85,031,557