GEO POINT RESOURCES, INC. BALANCE SHEETS (unaudited) - USD ($)
|
Jun. 30, 2017 |
Mar. 31, 2017 |
| Current Assets |
|
|
| Cash |
$ 9,880
|
$ 39,299
|
| Prepaids and other current assets |
1,250
|
0
|
| Note receivable, net of allowance of $75,000 and $75,000, respectively |
0
|
0
|
| Total Current Assets |
11,130
|
39,299
|
| Furniture and equipment, net of accumulated depreciation of $27,824 and $24,324, respectively |
59,129
|
62,629
|
| Note receivable, net of allowance of $100,000 and $100,000, respectively |
0
|
0
|
| Other assets |
1,000
|
1,000
|
| Total Assets |
71,259
|
102,928
|
| Current Liabilities |
|
|
| Accounts payable and accrued liabilities |
222,442
|
216,035
|
| Revolving line of credit |
282,760
|
267,760
|
| Short term advances |
40,000
|
40,000
|
| Total Current Liabilities |
545,202
|
523,795
|
| Shareholders' Deficit |
|
|
| Preferred Stock - $0.001 par value; 10,000,000 shares authorized; none outstanding |
0
|
0
|
| Common stock - $0.001 par value; 100,000,000 shares authorized; 1,002,204 and 1,002,204 shares issued and outstanding, respectively |
1,002
|
1,002
|
| Additional paid-in capital |
332,195
|
332,195
|
| Accumulated deficit |
(807,140)
|
(754,064)
|
| Total Shareholders' Deficit |
(473,943)
|
(420,867)
|
| Total Liabilities and Shareholders' Deficit |
$ 71,259
|
$ 102,928
|