OTC Bulletin Board S & P Company Insight for PACIFIC COPPER CORP.
Profile
	Business Summary: Pacific Copper Corp. engages in the exploration and development of mineral properties primarily in South America. It principally explores for copper. The company was formerly known as Gate-1 Financial, Inc. and changed its name to Pacific Copper Corp. in August 2006. Pacific Copper Corp.   Address   3040 N Campbell Ave Ste 110   Tuscon , AZ 85719   Phone: 520-989-0021   Fax: 520-623-3326   Website: http://www.pacificcopper.com Auditor   SCHWARTZ LEVITSKY FELDMAN   Toronto Transfer Agent   Olde Monmouth Stock Transfer Co., Inc. ShareHolders:  627 Founded:  1999 Domicile:  Delaware
Background
	Pacific Copper Corp. engages in the exploration and development of mineral properties primarily in South America. It principally explores for copper. The company was formerly known as Gate-1 Financial, Inc. and changed its name to Pacific Copper Corp. in August 2006. Pacific Copper Corp. was founded in 1999 and is headquartered in Tucson, Arizona. History:  INCORPORATED in Delaware May 18, 1999 as Gate-1 Financial, Inc. Name changed to Pacific Copper Corp. Sept. 23, 2006. October 20, 2006, purchased a 100% interest in a group of mineral claims collectively known as the Mazama Claims, located in Okanogan County, WA, for a total consideration of $500,000, consisting of 5,000,000 Common shares. December 17, 2007, completed the acquisition of Pacific Copper Peru SRL (Peru SRL). The company issued 4,850,000 Common shares to the partners of Peru SRL as consideration for the acquisition of 99% of Peru SRL. As a result of the acquisition, Peru SRL became a subsidiary of the company. The shares issued by the company were placed in escrow. January 8, 2008, acquired Sociedad Pacific Copper Chile Limitada (Pacific LTDA). The company issued 6,088,452 Common shares to the former partners of Pacific LTDA as consideration for the acquisition of 99% of Pacific LTDA. As a result of the acquisition, Pacific LTDA became a subsidiary of the company. The shares issued by the company were placed in escrow.   Subsidiaries: Pacific Copper Peru SRL Sociedad Pacific Copper Chile Limitada
Management
	Management Officers Position  Andrew  Brodkey Chairman, President & Chief Executive Officer  Rakesh  Malhotra Chief Financial Officer  Roger M. Hall Chief Operating Officer  Jodi  Henderson Secretary Directors  Andrew  Brodkey  Eduardo  Esteffan  Harold  Gardner  David  Hackman  George F. Orr  M. Elden Schorn  William Gordon Timmins
Annual Report
	Annual Report   Income Statement   2008 2007 EXPENSES Project Expense (2,000,180) (1,606,564) General and Administrative (2,966,670) (1,388,014) Amortization (41,949) (709) Other Income Interest - 54,508 Other Expense-Interest (7,473) - Other Expense-derivatives (39,375) - Mineral Claims Acquisition Cost Expense (5,523,871) - Earnings before Taxes (10,579,518) (2,940,779) TAXES AND OTHER EXPENSES Minority Interest (After Tax) 356 - Net Income (Loss) (10,579,162) (2,940,779) SUPPLEMENTARY INFO Operating Income (Loss) (10,532,670.00) (2,995,287.00) Basic and diluted EPS - Continuing Operations (0.26) (0.12)   Balance Sheet   2008 2007 CURRENT ASSETS Cash and Cash Equivalents 110,746 1,617,344 Prepaid Expenses and Other Receivables 35,157 72,148 Advance to a Related Party 175,000 - Total Current Assets 320,903 1,689,492 NON CURRENT ASSETS Mining Claims 600 - Plant and Equipment, Net 155,443 38,206 Total Assets 476,946 1,727,698 CURRENT LIABILITIES Accounts Payable 297,370 314,047 Accrued Liabilities 65,852 23,265 Accrued Professional Fees 20,000 20,000 Advances from Non-related Party 259,244 - Advances from Related Party 70,000 - Derivative Financial Instruments 101,250 - Total Current Liabilities 813,716 357,312 NON CURRENT LIABILITIES Convertible Notes 32,708 - Minority Interest 54,950 - SHAREHOLDERS' EQUITY Common Stock - Par Value 4,456 2,915 Additional Paid in Capital 13,893,200 6,028,123 Deficit Accumulated during the Exploration Stages (14,177,315) (3,598,153) Accumulated Other Comprehensive Income 1,064 - Deferred Stock Compensation (145,833) (1,062,499) Total Shareholders Equity (424,428) 1,370,386 Total Liabilities & Shareholders Equity 476,946 1,727,698
Interim Report
	Interim Report      Data Not Available
Pro Forma Report
	Pro Forma Report      Data Not Available
Quarterly Report
	Quarterly Report Information      Quarterly Revenue, US$ Year Quarter Revenue   2009   1 Nil   2009   2 Nil   2009   3 Nil   2008   1 Nil   2008   2 Nil   2008   3 Nil   2008   4 Nil   2008   Full Year Nil   2007   1 Nil   2007   2 Nil   2007   3 Nil   2007   4 Nil   2007   Full Year Nil     Quarterly Net Income, US$ Year Quarter Revenue   2009   1 Nil   2009   2 Nil   2009   3 Nil   2008   1 Nil   2008   2 Nil   2008   3 Nil   2008   4 Nil   2008   Full Year (10,580,000)   2007   1 (120,000)   2007   2 (140,000)   2007   3 (590,000)   2007   4 (2,080,000)   2007   Full Year (2,940,000)   2006   Full Year (650,000)     Quarterly EPS, US$ Year Quarter Revenue   2009   1 (.02)   2009   2 (.01)   2009   3 (.01)   2008   1 (.21)   2008   2 (.03)   2008   3 (.02)   2008   4 (.03)   2008   Full Year (.26)   2007   1 (.01)   2007   2 (.01)   2007   3 (.02)   2007   4 (.07)   2007   Full Year (.12)   2006   4 (.07)   2006   Full Year (.08)   2005   Full Year Nil
Stock Data
	Capitalization as of 04/30/2009:     Authorized Shares Outstanding Shares Common $0.0001 par 200,000,000 44,561,600 Preferred $0.0001 par 50,000,000 None   LONG TERM DEBT: $43,252.   Common $0.0001 par   COMMON SOLD PRIVATELY: In September and October 2006, the company issued 4,710,000 Common shares in the aggregate at $0.10 per share, for gross proceeds of $471,000. In March 2007, the company completed two separate private placements of 1,000,000 shares each at $0.10 per share, resulting in gross proceeds of $200,000. Net proceeds from the sale of the shares were to be applied to exploration programs on the company's Mazama Claims, and for general working capital purposes. UNITS SOLD PRIVATELY: During the three months ended Apr. 30, 2008, the company, through private placements, issued 3,157,143 Units at $0.35 per Unit. Each Unit consisted of one Common share and one-half of a Common share purchase warrant. Each full warrant is exercisable for one Common share at $0.50 per share on or before Apr. 30, 2010. The private placement was undertaken entirely outside the U.S. pursuant to Regulation S.   Stockholders:  10/31/2008, 627. Transfer Agent:  Olde Monmouth Stock Transfer Co., Inc.   Atlantic Highlands , NJ   OTC Bulletin Board( Primary): PPFP   Exchange Year High Low OTC Bulletin Board 2008 0.6000 0.0400 OTC Bulletin Board 2007 0.7500 0.2500   DIVIDENDS: Common $0.0001 par: 2007, None; 2008, None.