Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v2.4.0.6
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
2 Months Ended 3 Months Ended 6 Months Ended 14 Months Ended
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2012
Jun. 30, 2012
Income Statement [Abstract]        
Revenues            
Expenses        
Compensation and related taxes    81,449 922,392 922,392
Consulting fees    27,171 1,856,594 1,856,594
Professional fees    107,464 370,203 374,808
General and administrative 1,537 68,069 192,538 197,781
Total operating expenses 1,537 284,153 3,341,727 3,351,575
Operating loss from continuing operations (1,537) (284,153) (3,341,727) (3,351,575)
Other income (expenses)        
Other income       125,000 125,000
Interest income    173 173 173
Total other income    173 125,173 125,173
Loss from continuing operations before provision for income taxes (1,537) (283,980) (3,216,554) (3,226,402)
Provision for income taxes            
Loss from continuing operations (1,537) (283,980) (3,216,554) (3,226,402)
Discontinued operations:        
Loss from discontinued operations, net of tax    (1,302,620) (1,329,925) (1,429,399)
Net loss (1,537) (1,586,600) (4,546,479) (4,655,801)
Less: Net loss attributable to non-controlling interest    101 101 101
Net loss attributable to American Strategic Minerals Corporation $ (1,537) $ (1,586,499) $ (4,546,378) $ (4,655,700)
Loss per common share, basic and diluted:        
Loss from continuing operations $ 0.00 $ (0.01) $ (0.09) $ (0.15)
Loss from discontinued operations $ 0.00 $ (0.03) $ (0.04) $ (0.07)
[IncomeLossFromOperationsBeforeExtraordinaryItemsPerBasicAndDilutedShare] $ 0.00 $ (0.04) $ (0.13) $ (0.22)
Weighted average common shares outstanding = basic and diluted 10,000,000 41,271,308 36,069,915 21,487,075