CBDD CBD of Denver Inc (PK)

Verde Media Group, Inc. (OTC: VMGI) has filed the companies first quarter disclosure statement and first quarter unaudited financials for period ending March 31st 2011.

The following documents were filed May 12th, 2011:

First Quarter Disclosure Statement with unaudited financials for period ending March 31st 2011.

The direct link to the filings is- http://www.otcmarkets.com/stock/VMGI/financials

DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions.

VERDE MEDIA GROUP, INC.FINANCIAL STATEMENTS(Unaudited)January 1, 2011 – March 31, 2011

   

VERDE MEDIA GROUP, INC.

BALANCE SHEET AND CHANGES IN SHAREHOLDERS' DEFICIT

As At March 31, 2011

(Unaudited)

   

ASSETS

  Current Assets Cash $ 7,786   Equipment, net 3,208 Film costs 77,500  

Total Assets

 

88,494

 

LIABILITIES AND SHAREHOLDERS' DEFICIT

 

Liabilities

 

Current Liabilities

Accrued liabilities 227,516 Notes payable, current   782,723 Total Current Liabilities 1,010,239   Notes payable 169,700  

Total Liabilities

1,179,939

 

Shareholders' Deficit

Preferred stock, $0.0001 par value;  100,000,000 shares authorized; 100,000,000  and 12,000,000 shares issued and outstanding

10,000

Common stock, $0.0001 par value;  4,000,000,000 and 975,000,000 shares authorized;  4,000,000,000 and 969,789,385 shares issued and outstanding

400,000 Additional paid-in capital 2,210,444 Accumulated deficit   (3,711,889)  

Total Shareholders' Deficit

  (1,091,445)  

Total Liabilities & Shareholders' Deficit

$

88,494

 

 

       

VERDE MEDIA GROUP, INC.

STATEMENT OF INCOME

For the Quarter Ended March 31, 2011

(Unaudited)

 

Sales

$ -  

Operating Expenses

Selling, general and administrative 11,488      

Loss From Operations

 

(11,488

)

  Interest expense (8,426 )      

Loss Before Income Taxes

 

(19,914

)

 

Income Tax Expense

 

-

 

Net Loss

$  

(19,914

)