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| | Business Summary: American Sierra Gold Corp., a development stage company, focuses on the exploration and production of gold properties in North America. The company was formerly known as C.E. Entertainment, Inc. and changed its name to American Sierra Gold Corp. in May 2009. American Sierra Gold Corp. | | | Address
200 S. Virginia, 8th Floor
Reno
, NV 89501
Phone: 268-726-1007
Website: http://www.americansierragold.com
| | Auditor |
|---|
Davis Accounting Group P.C.
| | Transfer Agent |
|---|
Island Stock Transfer
| Employees: 1
ShareHolders: 39 | Founded: 2007
Domicile: Nevada | | | |
| | American Sierra Gold Corp., a development stage company, focuses on the exploration and production of gold properties in North America. The company was formerly known as C.E. Entertainment, Inc. and changed its name to American Sierra Gold Corp. in May 2009. American Sierra Gold Corp. was founded in 2007 and is based in Reno, Nevada. | | History: INCORPORATED in Nevada Jan. 30, 2007, as C.E. Entertainment, Inc.; name changed to American Sierra Gold Corp. May 20, 2009, through merger of a wholly owned subsidiary. | | | | | | | | | |
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Management
|
|---|
| Officers | Position |
|---|
| Wayne Gruden | President, Chief Executive Officer & Investor Relations Contact | | Johannes Petersen | Chief Financial Officer |
| | Directors |
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| Wayne Gruden | | Johannes Petersen | | | |
| | | | Capitalization as of 07/31/2009: | | | | | Authorized Shares | Outstanding Shares |
|---|
| Common $0.001 par | 2,000,000,000 | 82,750,000 |
| | | | LONG TERM DEBT: None. | | | | Common $0.001 par | | | |
Stockholders:
09/24/2009,
39.
| | PRINCIPAL STOCKHOLDERS: September 24, 2009, Wayne Gruden owned or controlled 63.1% of the Common. | | | |
Transfer Agent: Island Stock Transfer
St. Petersburg
, FL | | | | OTC Bulletin Board( Primary): AMNP | | | | Exchange | Year | High | Low |
|---|
| OTC Bulletin Board | 2009 | 1.4700 | 0.4500 |
|
| | | | DIVIDENDS: Common $0.001 par: No cash.
Common split 40-for-1, ex-May 21, 2009. | | | | | |
| | Annual Report |
|---|
| | | Income Statement | |
| 2009 | 2008 |
|---|
| Cost & exps. | 34 | 50 | | Oper. income as calculated | (34) | (50) | | Depr. & amort. | 1 | 2 | | (Loss) on write-off website software costs | (2) | -- | | Interest expense | 6 | -- | | Net income | (43) | (52) | | Share earns. basic | Nil | Nil | | Share earns. diluted | Nil | Nil |
| | | | Balance Sheet | |
| 2009 | 2008 |
|---|
| Assets: |
|
| | Cash & equiv. | 28 | 5 | | Tot. curr assets | 28 | 5 | | Net property | 350 | 4 | | Work in progress | 10 | -- | | Total assets | 388 | 9 | | Liabilities: |
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| | Loans payable | 160 | -- | | Accts. pay. | 4 | 7 | | Due to related party | 133 | 15 | | Accrued liabilities | 14 | 4 | | Tot. curr. liabs. | 311 | 26 | | Com. stk. p.$0.001 | 82 | 82 | | Discount on common stock | (31) | (31) | | Common stock subsription | 137 | -- | | Retained earns. | (111) | (68) | | Total liabs. | 388 | 9 |
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* Effective May 19, 2009, the company changed its name from C.E. Entertainment, Inc. to American Sierra Gold Corp. by way of a merger with its wholly owned subsidiary American Sierra Gold Corp., which was formed solely for the change of name. | | | |
| | Interim Report
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| | | Data Not Available | | | | | | | | | |
| | Pro Forma Report
|
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| | | Data Not Available | | | | | | | | | |
| | Quarterly Report Information
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| | | Quarterly Revenue, US$ |
|---|
| Year | Quarter | Revenue | | 2009 |
1 | Nil | | 2009 |
2 | Nil | | 2009 |
3 | Nil | | 2009 |
Full Year
| Nil | | 2008 |
Full Year
| Nil | | 2007 |
Full Year
| Nil |
| | | | | | Quarterly Net Income, US$ |
|---|
| Year | Quarter | Revenue | | 2010 |
1 | (170,000) | | 2010 |
2 | (190,000) | | 2010 |
3 | (90,000) | | 2009 |
1 | (10,000) | | 2009 |
2 | (10,000) | | 2009 |
3 | (10,000) | | 2009 |
4 | (20,000) | | 2009 |
Full Year
| (40,000) | | 2008 |
Full Year
| (50,000) | | 2007 |
Full Year
| (30,000) |
| | | | | | Quarterly EPS, US$ |
|---|
| Year | Quarter | Revenue | | 2010 |
1 | Nil | | 2010 |
2 | Nil | | 2010 |
3 | Nil | | 2009 |
1 | Nil | | 2009 |
2 | Nil | | 2009 |
3 | Nil | | 2009 |
4 | Nil | | 2009 |
Full Year
| Nil | | 2008 |
1 | Nil | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2008 |
4 | Nil | | 2008 |
Full Year
| (.03) | | 2007 |
3 | Nil | | 2007 |
Full Year
| (.01) |
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