v2.4.0.8

Consolidated Balance Sheets (USD $)	Aug. 31, 2013	May 31, 2013
Current Assets
Cash and cash equivalents	$ 43,124	$ 103,439
Other receivables	7,530	5,742
Prepaid expenses	11,576	1,138
Total Current Assets	62,230	110,319
Property and equipment, net (Note 4)	6,742	1,400
Intangible assets (Note 5)	193,730	0
Total Assets	262,702	111,719
Liabilities
Accounts payable	193,019	183,485
Accrued liabilities	31,441	347
Due to related parties (Note 8)	195,517	155,381
Note payable (Note 6)	50,000	50,000
Total Liabilities	469,976	389,213
Stockholders' Deficit
Preferred Stock: Authorized: 10,000,000 shares, $0.001 par value Issued and outstanding: 1 share (May 31, 2013 - 1 share)	0	0
Common Stock: Authorized: 100,000,000 shares, $0.001 par value Issued and outstanding: 33,203,016 shares (May 31, 2013 - 32,553,016 shares)	33,203	32,553
Additional paid-in capital	6,973,627	6,707,278
Common stock subscribed (Note 12)	6,750	6,750
Accumulated other comprehensive loss	15,417	(6,098)
Deficit accumulated during the development stage	(7,236,272)	(7,017,977)
Total Stockholders' Deficit	$ (207,275)	$ (277,494)

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

Sky Harvest Energy Corp. 10-Q