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Letho Resources Corp V.LET.H

Energy Oil & Gas E&P
Letho Resources Corp. is a Canada-based company involved in oil and gas production and development. The Company has no known mineral resources and is not in commercial production on any of its properties. The Company has not generated revenue from operations. The Company is investigating and submitting bids for oil and gas production opportunities in Canada. The Company is also following up on the application to acquire production assets in Albania.


TSXV:LET.H - Post by User

Letho Resources Corp
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  • G0DFATHERX
Post by G0DFATHERon Jul 10, 2014 12:33pm
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Post# 22733201

no cash, imaginary $5 million

no cash, imaginary $5 millionoutrageous news release!  March statements show a net cash of  -$8000!
March 31, December 31, 
 2014 2013 
$ $ 
 
ASSETS 
 
Current assets 
Cash 66,835 20,741 
Receivables 2,283 2,114 
Prepaid expenses 3,900 1,371 
 73,018 24,226 
 
Exploration and evaluation assets (Note 4) 174,609 174,609 
 
 247,627 198,835 
 
 
LIABILITIES AND SHAREHOLDERS' EQUITY 
 
Current liabilities 
Accounts payable and accrued liabilities (Note 6) 81,851 65,352
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