GIMC Georgia International Mining Corp featured news, full reports, and detailed charts
Georgia International Mining Corp (GIMC/GIMC.OB) Wrap Up:
Georgia International Mining Corporation engages in the exploration, development, and production of mineral properties in Canada. The company primarily explores for precious metals, such as gold, diamond, and silver, as well as for industrial metals, including copper and zinc. It has an interest in a gold mining property covering approximately 1,500 acres in the Province of British Columbia. The company was founded in 2005 and is based in Phoenix, Arizona.Georgia International Mining Corp (GIMC:OTC Bulletin Board Market)
Snapshot of Georgia International Mining Corp (GIMC)
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OPEN
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PREVIOUS CLOSE
$1.01
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
06/5/08 - $1.01
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52 WEEK LOW
06/5/08 - $1.01
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MARKET CAP
8.3M
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AVERAGE VOLUME 3 mo
0.0
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DILUTED EPS TTM
$-0.0030
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SHARES OUTSTANDING
8.3M
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GIMC Does Not Pay Dividends
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P/E TTM
NM
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GIMC Top Compensated Officers
Executives, Board Directors
Key developments for Georgia International Mining Corp (GIMC)
On 08/14/2009, Georgia International Mining Corp announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
On August 7, 2009, Board of Directors of the Georgia International Mining Corp. dismissed Moore & Associates Chartered, its independent registered public account firm. On the same date, August 7, 2009, the accounting firm of Seale and Beers, CPAs was engaged as the company's new independent registered public account firm.
Georgia International Mining Corp. announced earnings results for the first quarter ended March 31, 2009. For the quarter, the company showed a net loss of $4,653. In contrast, the company posted a net loss of $29,653 for the same quarter in the previous year; and a $145,626 accumulated net loss since inception on Jan. 19, 2005.
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More Recent News About Georgia International Mining Corp
More news for GIMC
GEORGIA INTERNATIONAL MINING CORP Financials
PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue - - - - Cost of Revenue - - - - Gross Profit - - - - Operating ExpensesResearch Development - - - - Selling General and Administrative4 5 11 5 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss(4)(5)(11)(5)Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes(4)(5)(11)(5)Interest Expense - - - - Income Before Tax(4)(5)(11)(5)Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops(4)(5)(11)(5)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of...Click here to read the whole Article (external link)
GEORGIA INTERNATIONAL MINING CORP Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis or Plan of Operation. The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes thereto contained elsewhere in this Form 10-Q. SEC Rule 405 under the Securities Exchange Act defines a "shell company" as a registrant with no or nominal operations and no or nominal assets or just assets consisting entirely of cash. A shell company is required to identify itself as such on the cover page of its periodic SEC reports. In the event of certain corporate reorganizations effecting a change in control of the SEC reporting company with an otherwise privately held company, a shell company is required to make extensive additional disclosures regarding the shell company and the privately held company whose objective may be to become an SEC reporting, public company. We have identified ourselves as a shell company because of our limited operations and assets to date. It is not our plan or intention to seek out or entertain proposals for reorganization of our company with any other company which would result in a change in control or change in our business objective of being a successful mining company. The point at which a potential shell company's operations and assets would no longer be considered nominal is not defined in the Rule and has not been clarified by any SEC pronouncements or judicial interpretations. We intend to re-evaluate our operations and assets as well as any additional legal clarification prior to the filing of every report to determine if it is appropriate to change our self determined status. Forward-Looking Statements This discussion contains forward-looking statements that involve risks and uncertainties. All statements regarding future events, our future financial performance and operating results, our business strategy and our financing plans are forward-looking statements. In many cases, yo...Click here to read the whole Article (external link)
GEORGIA INTERNATIONAL MINING CORP Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis or Plan of Operation. The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes thereto contained elsewhere in this Form 10-Q. SEC Rule 405 under the Securities Exchange Act defines a "shell company" as a registrant with no or nominal operations and no or nominal assets or just assets consisting entirely of cash. A shell company is required to identify itself as such on the cover page of its periodic SEC reports. In the event of certain corporate reorganizations effecting a change in control of the SEC reporting company with an otherwise privately held company, a shell company is required to make extensive additional disclosures regarding the shell company and the privately held company whose objective may be to become an SEC reporting, public company. We have identified ourselves as a shell company because of our limited operations and assets to date. It is not our plan or intention to seek out or entertain proposals for reorganization of our company with any other company which would result in a change in control or change in our business objective of being a successful mining company. The point at which a potential shell company's operations and assets would no longer be considered nominal is not defined in the Rule and has not been clarified by any SEC pronouncements or judicial interpretations. We intend to re-evaluate our operations and assets as well as any additional legal clarification prior to the filing of every report to determine if it is appropriate to change our self determined status. Forward-Looking Statements This discussion contains forward-looking statements that involve risks and uncertainties. All statements regarding future events, our future financial performance and operating results, our business strategy and our financing plans are forward-looking statements. In many cases, you...Click here to read the whole Article (external link)
GEORGIA INTERNATIONAL MINING CORP Files SEC form 10-K/A, Annual Report
Item 6. Management's Discussion and Analysis or Plan of Operation The following analysis of the results of operations and financial condition of the company for the period ending December 31, 2008 should be read in conjunction with the company's financial statements, including the notes thereto contained elsewhere in this form 10-KSB. Our financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles. SEC Rule 405 under the Securities Exchange Act defines a "shell company" as a registrant with no or nominal operations and no or nominal assets or just assets consisting entirely of cash. A shell company is required to identify itself as such on the cover page of its periodic SEC reports. In the event of certain corporate reorganizations effecting a change in control of the SEC reporting company with an otherwise privately held company, a shell company is required to make extensive additional disclosures regarding the shell company and the privately held company whose objective may be to become an SEC reporting, public company. We have identified ourselves as a shell company because of our limited operations and assets to date. It is not our plan or intention to seek out or entertain proposals for reorganization of our company with any other company which would result in a change in control or change in our business objective of being a successful mining company. The point at which a potential shell company's operations and assets would no longer be considered nominal is not defined in the Rule and has not been clarified by any SEC pronouncements or judicial interpretations. We intend to re-evaluate our operations and assets as well as any additional legal clarification prior to the filing of every report to determine if it is appropriate to change our self determined status. Discussion of Operations & Financial Condition During the twelve months ended December 31, 2008 the Company ...Click here to read the whole Article (external link)
GEORGIA INTERNATIONAL MINING CORP Files SEC form 10-K/A, Annual Report
Item 6. Management's Discussion and Analysis or Plan of Operation The following analysis of the results of operations and financial condition of the company for the period ending December 31, 2008 should be read in conjunction with the company's financial statements, including the notes thereto contained elsewhere in this form 10-KSB. Our financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles. SEC Rule 405 under the Securities Exchange Act defines a "shell company" as a registrant with no or nominal operations and no or nominal assets or just assets consisting entirely of cash. A shell company is required to identify itself as such on the cover page of its periodic SEC reports. In the event of certain corporate reorganizations effecting a change in control of the SEC reporting company with an otherwise privately held company, a shell company is required to make extensive additional disclosures regarding the shell company and the privately held company whose objective may be to become an SEC reporting, public company. We have identified ourselves as a shell company because of our limited operations and assets to date. It is not our plan or intention to seek out or entertain proposals for reorganization of our company with any other company which would result in a change in control or change in our business objective of being a successful mining company. The point at which a potential shell company's operations and assets would no longer be considered nominal is not defined in the Rule and has not been clarified by any SEC pronouncements or judicial interpretations. We intend to re-evaluate our operations and assets as well as any additional legal clarification prior to the filing of every report to determine if it is appropriate to change our self determined status. Discussion of Operations & Financial Condition During the twelve months ended December 31, 2008 the Company ...Click here to read the whole Article (external link)
GEORGIA INTERNATIONAL MINING CORP Files SEC form 10-K, Annual Report
Item 6. Management's Discussion and Analysis or Plan of Operation The following analysis of the results of operations and financial condition of the company for the period ending December 31, 2008 should be read in conjunction with the company's financial statements, including the notes thereto contained elsewhere in this form 10-KSB. Our financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles. SEC Rule 405 under the Securities Exchange Act defines a "shell company" as a registrant with no or nominal operations and no or nominal assets or just assets consisting entirely of cash. A shell company is required to identify itself as such on the cover page of its periodic SEC reports. In the event of certain corporate reorganizations effecting a change in control of the SEC reporting company with an otherwise privately held company, a shell company is required to make extensive additional disclosures regarding the shell company and the privately held company whose objective may be to become an SEC reporting, public company. We have identified ourselves as a shell company because of our limited operations and assets to date. It is not our plan or intention to seek out or entertain proposals for reorganization of our company with any other company which would result in a change in control or change in our business objective of being a successful mining company. The point at which a potential shell company's operations and assets would no longer be considered nominal is not defined in the Rule and has not been clarified by any SEC pronouncements or judicial interpretations. We intend to re-evaluate our operations and assets as well as any additional legal clarification prior to the filing of every report to determine if it is appropriate to change our self determined status. Discussion of Operations & Financial Condition During the twelve months ended December 31, 2008 the Company ...Click here to read the whole Article (external link)
GEORGIA INTERNATIONAL MINING CORP Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis or Plan of Operation. The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes thereto contained elsewhere in this Form 10-Q. SEC Rule 405 under the Securities Exchange Act defines a "shell company" as a registrant with no or nominal operations and no or nominal assets or just assets consisting entirely of cash. A shell company is required to identify itself as such on the cover page of its periodic SEC reports. In the event of certain corporate reorganizations effecting a change in control of the SEC reporting company with an otherwise privately held company, a shell company is required to make extensive additional disclosures regarding the shell company and the privately held company whose objective may be to become an SEC reporting, public company. We have identified ourselves as a shell company because of our limited operations and assets to date. It is not our plan or intention to seek out or entertain proposals for reorganization of our company with any other company which would result in a change in control or change in our business objective of being a successful mining company. The point at which a potential shell company's operations and assets would no longer be considered nominal is not defined in the Rule and has not been clarified by any SEC pronouncements or judicial interpretations. We intend to re-evaluate our operations and assets as well as any additional legal clarification prior to the filing of every report to determine if it is appropriate to change our self determined status. Forward-Looking Statements This discussion contains forward-looking statements that involve risks and uncertainties. All statements regarding future events, our future financial performance and operating results, our business strategy and our financing plans are forward-looking statements. In many cases, you...Click here to read the whole Article (external link)
