OTC Bulletin Board

S & P Company Insight for STELLAR RESOURCES
 
 Profile

 
Business Summary: Stellar Resources, Ltd. engages in the acquisition, exploration, and development of oil and gas properties in Canada and the United States.
 
Address
  3155 East Patrick Lane, Suite 1
  Las Vegas , NV 89120-3481
  Phone: 702-898-6004
Auditor
  Dale Matheson Carr-Hilton LaBonte
Transfer Agent
  Pacific Stock Transfer Co.
ShareHolders:  33
Founded:  1999
Domicile:  Nevada
 
  
 
 Background

 
Stellar Resources, Ltd. engages in the acquisition, exploration, and development of oil and gas properties in Canada and the United States. It has an option to earn a 50% interest in 2 land packages, Beatton and Alces claims covering an area of approximately 7,448 hectares located in the northeast part of British Columbia, Canada. The company was founded in 1999. It was formerly known as V.I.P.C. Com and changed its name to Stellar Resources, Ltd. in 2003. The company is based in Las Vegas, Nevada. As of April 28, 2005, Stellar Resources Ltd (ASX:SRZ) operates independently of Gravity Diamonds Ltd.
History:  INCORPORATED in Nevada Apr. 9, 1999, as V.I.P.C.Com; name changed to Stellar Resources Ltd. Jan. 6, 2003.
 
 
 
 
  
 
 Management

 

Management
OfficersPosition
 Kathy  WhytePresident, Chief Financial Officer & Chief Executive Officer
 Michael  RezacSecretary & Treasurer

Directors
 Michael  Rezac
 Kathy  Whyte
 
  
 
 Annual Report

 
Annual Report
 
Income Statement
  20072006
EXPENSES531,80648,655
Foreign exchange gain2,161(8,698)
Interest exp.1,6344,926
Net income(531,309)(62,279)
Share earns. basic($0.02)Nil
Share earns. diluted($0.02)Nil
Average shares27,372,31621,409,320
 
Balance Sheet
  20072006
ASSETS
CURRENT ASSETS
Cash159371
Other current assets900
Total current assets1,059371
Total assets1,059371
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable and accrued liabilities7,7017,292
Notes payable20,908119,086
Due to related party 126,36759,690
Total current liabilities154,976186,068
STOCKHOLDERS' EQUITY
Common stock $0.001 par value28,64021,409
Additional paid-in capital914,16668,824
Deficit accumulated during the exploration stage(807,239)(275,930)
Other stockholders' equity(289,484)--
Total stockholders' equity(153,917)(185,697)
Total liabilities1,059371
Common Shares28,640,19621,409,320
 
  
 
 Interim Report

 
Interim Report   
 
Data Not Available
 
 
 
 
  
 
 Pro Forma Report

 
Pro Forma Report   
 
Data Not Available
 
 
 
 
  
 
 Quarterly Report

 
Quarterly Report Information   
 
Quarterly Revenue, US$
YearQuarterRevenue
  2008   1Nil
  2008   3Nil
  2007   1Nil
  2007   2Nil
  2007   3Nil
  2007   Full Year Nil
  2006   1Nil
  2006   2Nil
  2006   3Nil
  2006   Full Year Nil
  2005   1Nil
  2005   2Nil
  2005   3Nil
  2005   4Nil
  2005   Full Year Nil
  2004   2Nil
  2004   3Nil
  2004   Full Year Nil
  2003   Full Year Nil
 
 
Quarterly Net Income, US$
YearQuarterRevenue
  2008   1(90,000)
  2008   2(70,000)
  2008   3(70,000)
  2007   1(290,000)
  2007   2(80,000)
  2007   3(80,000)
  2006   1(20,000)
  2006   2(10,000)
  2006   3(10,000)
  2006   Full Year (62,300)
  2005   1(20,000)
  2005   20
  2005   3(10,000)
  2005   4(10,000)
  2005   Full Year (35,100)
  2004   2(10,000)
  2004   3(170,000)
  2004   Full Year (76,800)
  2003   Full Year (55,000)
 
 
Quarterly EPS, US$
YearQuarterRevenue
  2008   1Nil
  2008   2Nil
  2008   3Nil
  2007   1(.01)
  2007   2Nil
  2007   3Nil
  2007   Full Year (.02)
  2006   1Nil
  2006   2Nil
  2006   3Nil
  2006   Full Year Nil
  2005   1Nil
  2005   2Nil
  2005   3Nil
  2005   4Nil
  2005   Full Year Nil
  2004   2(.00)
  2004   3Nil
  2004   Full Year Nil
  2003   Full Year (.00)
 
  
 
 Stock Data

 
 
Capitalization as of 01/31/2008:
 
 Authorized SharesOutstanding Shares
Common $0.001 par200,000,00028,640,196
 
LONG TERM DEBT: None.
 
Common $0.001 par
 
Stockholders:  10/26/2007, 33.
PRINCIPAL STOCKHOLDERS: October 26, 2007, Kathy Whyte owned or controlled 20.9% of the Common.
 
Transfer Agent:  Pacific Stock Transfer Co.   Las Vegas , NV
 
OTC Bulletin Board( Primary): SRRL
 
ExchangeYearHighLow
OTC Bulletin Board20070.38000.0600
OTC Bulletin Board20061.92000.3100
OTC Bulletin Board20050.75000.0500
 
DIVIDENDS: Common $0.001 par: No cash. Common $0.001 par was split 6-for-1, ex-Oct. 20, 2006.