v2.4.0.6

Condensed Consolidated Balance Sheets (USD $)	Nov. 30, 2012	May 31, 2012
ASSETS
Cash	$ 0	$ 74,874
Prepaid expenses and deposits	1,510	45,000
Total Current Assets	1,510	119,874
Investment in Stevia Global Trading Joint Stock Company	50,000	0
Property and equipment	3,472	0
Total Assets	54,982	119,874
Current Liabilities
Accounts payable and accrued liabilities	39,533	5,613
Due to a related party	98	8,000
Total Current Liabilities	39,631	13,613
Convertible debenture, less unamortized discount of $66,361 and nil, respectively	223,639	125,000
Total Liabilities	263,270	138,613
STOCKHOLDERS' DEFICIT
Common Stock Authorized: 975,000,000 common shares with a par value of $0.001 per share Issued and outstanding: 299,300,000 and 299,000,000 common shares, respectively	299,300	299,000
Additional paid-in capital	(137,659)	(243,059)
Accumulated deficit during the development stage	(369,929)	(74,680)
Total Stockholders' Deficit	(208,288)	(18,739)
Total Liabilities and Stockholders' Deficit	$ 54,982	$ 119,874

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Global Stevia Corp. 10-Q