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 $)
3 Months Ended 5 Months Ended 9 Months Ended 17 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2012
Income Statement [Abstract]          
Revenues               
Expenses          
Compensation and related taxes 1,556,790       2,479,182 2,479,182
Consulting fees 92,473       1,949,067 1,949,067
Professional fees 79,608 2,300 2,300 449,811 454,416
General and administrative 80,255 153 1,690 272,793 278,036
Total operating expenses 1,809,126 2,453 3,990 5,150,853 5,160,701
Operating loss from continuing operations (1,809,126) (2,453) (3,990) (5,150,853) (5,160,701)
Other income (expenses)          
Other income          125,000 125,000
Interest income 2,757       2,930 2,930
Total other income 2,757       127,930 127,930
Loss from continuing operations before provision for income taxes (1,806,369) (2,453)    (5,022,923) (5,032,771)
Provision for income taxes               
Loss from continuing operations (1,806,369) (2,453) (3,990) (5,022,923) (5,032,771)
Discontinued operations:          
Loss from discontinued operations, net of tax (96,921)       (1,426,846) (1,526,320)
Net loss (1,903,290) (2,453) (3,990) (6,449,769) (6,559,091)
Less: Net loss attributable to non-controlling interest 10,395       10,496 10,496
Net loss attributable to American Strategic Minerals Corporation $ (1,892,895) $ (3,990) $ (3,990) $ (6,439,273) $ (6,548,595)
Loss per common share, basic and diluted:          
Loss from continuing operations $ (0.06) $ 0.00 $ 0.00 $ (0.14) $ (0.21)
Loss from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ (0.04) $ (0.07)
[IncomeLossFromOperationsBeforeExtraordinaryItemsPerBasicAndDilutedShare] $ (0.06) $ 0.00 $ 0.00 $ (0.18) $ (0.28)
Weighted average common shares outstanding = basic and diluted 33,875,085 10,000,000 10,000,000 35,328,936 23,323,313