Consolidated Statements of Cash Flows (USD $)	3 Months Ended		102 Months Ended
Consolidated Statements of Cash Flows (USD $)	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013
Operating activities
Net loss for the period	$ (218,295)	$ (12,305)	$ (7,236,272)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation.	187	215	24,892
Stock-based compensation.	134,999	0	1,744,564
Impairment loss.	0	0	2,618,271
Loss (gain) on settlement of debt.	0	0	11,987
Acquired development costs.	0	0	242,501
Changes in operating assets and liabilities:
Prepaid expenses.	(10,438)	0	558
Accrued interest.	0	774	244
Accounts payable and accrued liabilities.	14,987	17,724	181,152
Account receivable.	(1,788)	9,329	(25,887)
Note receivable.	0	0	(280,000)
Due to related parties.	40,593	19,240	134,039
Net cash flows (used in) provided by operating activities	(39,755)	34,977	(2,583,951)
Investing activities
Purchase of equipment	(5,545)	(1,660)	(30,709)
Purchase of intangible assets	(36,089)	0	(36,089)
Purchase of short-term investments	0	0	(2,472,839)
Redemption of short-term investments	0	0	2,493,484
Cash acquired from acquisition	0	0	21,016
Net cash flows used in investing activities	(41,634)	(1,660)	(25,137)
Financing activities
Proceeds from common stock issuances	0	49,500	2,415,249
Proceeds from (repayment of) related party loans	0	0	62,854
Proceeds from (repayment of) note payable	0	0	50,000
Proceeds from swing sale disgorgement	0	0	118,900
Net cash flows provided by financing activities	0	49,500	2,647,003
Effect of exchange rate changes on cash	21,074	(57,200)	5,209
Increase (Decrease) in cash and cash equivalents	(60,315)	25,617	43,124
Cash and cash equivalents - beginning of period	103,439	144,686	0
Cash and cash equivalents - end of period	43,124	170,303	43,124
Supplementary disclosures:
Interest paid	0	0	0
Income taxes paid	0	0	0
Significant non-cash investing and financing activities:
Stock issuance for acquisition	0	0	2,601,077
Increase intangible asset due to acquisition	0	0	2,551,400
Accounts payable increased due to acquisition	0	0	30,986
Stock issuance for finders fee	0	0	8,250
Stock issuance for intangible assets	71,500	0	71,500
Stock options issued for intangible assets	$ 60,500	$ 0	$ 60,500

Sky Harvest Energy Corp. 10-Q