v2.4.0.6

Consolidated Balance Sheets (USD $)	Nov. 30, 2012	Aug. 31, 2012	Nov. 30, 2011	Aug. 31, 2011
ASSETS
Cash	$ 393	$ 8,599	$ 37,295	$ 37,295
Related party note receivable	50,482	56,482	46,482	46,482
Prepaid expenses	22,500	22,500	22,500	22,500
Total current assets	73,375	87,581	106,277	106,277
Property and equipment, net	319,460	374,248	429,036	429,036
Total assets	392,835	482,075	535,313	535,313
LIABILITIES AND STOCKHOLDERS' DEFICIT
Bank overdraft	60,049	60,049	76,239	76,239
Accounts payable	69,631	58,873	60,323	60,323
Accrued liabilities	8,809	8,809	9,200	9,200
Related party payables	40,935	35,935	6,435	6,435
Notes payable	51,496	57,496	157,496	157,693
Total liabilities	230,920	220,442	309,693	309,693
Stockholders' deficit
Preferred stock, $0.001 par value, 25,000,000 shares authorized
Series A preferred stock, 1,000,000 shares designated,no shares shares issued and outstanding
Series B preferred stock, 24,000,000 shares designated,no shares shares issued and outstanding
Common stock, $.001 par value, 250,000,000 shares authorized,98,660,000 and 107,466,000 shares issued and outstanding at Aug 31, 2012 and Nov 30, 2012 respectively	107,466	98,660	84,689	84,689
Additional paid-in capital	11,891,101	11,847,304	11,561,581	11,561,581
Accumulated other comprehensive income (loss)	(42,104)	(37,487)	(45,567)	(46,567)
Deficit accumulated during the exploration stage	(11,657,285)	(11,574,836)	(11,328,680)	(11,328,680)
Total Dolat Ventures stockholders' deficit	299,178	333,947	271,023	271,023
Noncontrolling interest	(137,263)	(92,560)	(45,403)	(45,403)
Total stockholders' deficit	161,915	241,387	255,620	225,620
Total liabilities and stockholders' deficit	$ 392,835	$ 461,829	$ 535,313	$ 535,313

Series B preferred stock, 24,000,000 shares designated,no shares shares issued and outstanding

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Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Carrying value as of the balance sheet date of payments made in excess of existing cash balances, which will be honored by the bank but reflected as a loan to the entity. Overdrafts generally have a very short time frame for correction or repayment and are therefore more similar to short-term bank financing than trade financing.

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