Consolidated Statements of Operations (USD $)	3 Months Ended		6 Months Ended		7 Months Ended
Consolidated Statements of Operations (USD $)	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
Revenue
Total revenue
Expenses:
Investment banking expense	200,254		422,759		549,954
Rent expense	2,689	4,826	5,424	18,923	5,424
Executive management compensation	245,678	51,988	450,000	111,668	452,122
General and administrative expenses	405,924	30,908	656,298	66,419	1,218,283
Derivative expense	9,469		2,268		104,394
Depreciation expense	2,845	725	4,409	1,449	5,133
Total expenses	877,671	88,446	1,562,470	198,458	2,364,122
Operating loss	(877,671)	(88,446)	(1,562,470)	(198,458)	(2,364,122)
Other income (expense)
Interest expense	(130,648)		(256,648)		(275,682)
Interest Income	278		430		430
Foreign exchange Gains/Losses	(4,110)		(4,674)		(4,674)
Total other income/(expense)	(1,319,439)		(2,763,973)		(2,959,616)
Loss before provision for income taxes	(2,197,110)	(88,446)	(4,326,443)	(198,458)	(5,323,738)
Provision for income taxes
Loss from continuing operations	(2,197,110)	(88,446)	(4,326,443)	(198,458)	(5,323,738)
Income (expense) from operations of discontinued
Consulting business related income		70,608		367,675
Consulting business related expense		(105,493)		(219,184)	(166,489)
Gain(Loss) on discontinued operations		(34,885)		148,491	(166,489)
Net loss	(2,197,110)	(123,331)	(4,326,443)	(49,967)	(5,490,227)
Allocation to non-controlling interest	124		4,246		4,246
Net loss attributable to common stockholders	(2,196,986)	(123,331)	(4,322,197)	(49,967)	(5,485,981)
Weighted average number of common shares outstanding - basic and fully diluted	69,753,717	59,013,275	69,753,717	59,013,275	69,753,717
Loss per share- basic and fully diluted
Net (loss) from continuing operations	$ (0.03)	$ 0.00	$ (0.06)	$ 0.00	$ (0.08)
Net (loss) from discontinuing operations	$ 0.00	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Net (loss) from continuing and discontinuing operations	$ (0.03)	$ 0.00	$ (0.06)	$ 0.00	$ (0.08)
Related party
Expenses:
Rent expense	10,812		21,312		28,812
Other income (expense)
Interest expense	(66,435)		(131,271)		(173,119)
Debt Discount
Other income (expense)
Interest expense	$ (1,118,524)		$ (2,371,810)		$ (2,506,571)

IRON MINING GROUP, INC. 10-Q/A