GSPT Golden Spirit Enterprises Ltd. featured news, full reports, and detailed charts
Golden Spirit Enterprises Ltd. (GSPT/GSPT.OB) Wrap Up:
Golden Spirit Enterprises, Ltd. intends to develop and operate municipal solid waste gasification projects and facilities in the United States and Canada. It also focuses on the development, production, financing, and packaging of film and television programming. The company was founded in 1993. It was formerly known as Power Direct, Inc. and changed its name to 2UOnline.com, Inc. in 2000. Further, the company changed its name to Golden Spirit Minerals, Ltd. in 2003; to Golden Spirit Mining, Ltd. in 2004; to Golden Spirit Gaming, Ltd. in 2005; and to Golden Spirit Enterprises, Ltd. in 2006. Golden Spirit Enterprises is based in Vancouver, Canada.Golden Spirit Enterprises Ltd. (GSPT:OTC Bulletin Board Market)
Snapshot of Golden Spirit Enterprises Ltd. (GSPT)
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OPEN
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PREVIOUS CLOSE
$0.06
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
10/27/09 - $0.10
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52 WEEK LOW
09/16/09 - $0.02
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MARKET CAP
1.1M
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AVERAGE VOLUME 3 mo
49.5K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
18.9M
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GSPT Does Not Pay Dividends
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P/E TTM
NM
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GSPT Top Compensated Officers
Executives, Board Directors
Key developments for Golden Spirit Enterprises Ltd. (GSPT)
Golden Spirit Enterprises Ltd. said in a SEC 10-Q filing, “From inception to June 30, 2009, we have incurred cumulative net losses of $16,780,337 resulting primarily from a write-down and equity loss in Organa Gardens International Inc. of $1,394,280, a $600,000 property option loss as a recorded value of certain restricted shares issued to Legacy Wine & Spirits International Ltd. Because we are not generating any significant revenues, our only external source of liquidity is the sale of our capital stock and any advances from officers, directors or shareholders. To address the going concern problem discussed in our financial statements, we will require additional working capital. We anticipate that we will need to raise additional capital within the next 12 months in order to continue as a going concern. Therefore, additional capital may be raised through additional public or private financings, as well as borrowings and other resources. To the extent that additional capital is raised through the sale of equity or equity-related securities, the issuance of such securities could result in dilution of our stockholders. There can be no assurance that additional funding will be available on favorable terms, if at all. If adequate funds are not available within the next 12 months, we may be required to curtail our operations significantly or to obtain funds through entering into arrangements with collaborative partners or others that may require us to relinquish rights to certain of our assets that we would not otherwise relinquish.”
On 08/14/2009, Golden Spirit Enterprises Ltd. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Golden Spirit Enterprises Ltd. reported earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported net loss of $42,645. In contrast, the company posted a net loss of $46,203 for the same quarter in the previous year.
GSPT Competitors
| Company | Last | Change |
| The Walt Disney Co | $30.01 USD | -0.20 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | GSPT | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 5.9x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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GSPT |
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GSPT transactions
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| No transactions in the last 6 months. | ||
More Recent News About Golden Spirit Enterprises Ltd.
More news for GSPT
GOLDEN SPIRIT ENTERPRISES LTD. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events
Show all filings for GOLDEN SPIRIT ENTERPRISES LTD. | Request a Trial to NEW EDGAR Online Pro Form 8-K for GOLDEN SPIRIT ENTERPRISES LTD. 17-Nov-2009Entry into a Material Definitive Agreement, Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information pro...Click here to read the whole Article (external link)
Golden Spirit Enters the Gold Mining Sector
BELLINGHAM, WA--(Marketwire - 10/30/09) - Golden Spirit Enterprises Ltd. (OTC.BB:GSPT - News) reports the company has entered into an Option Purchase Agreement with a Utah-based Resource Company (Vendor) to acquire a 100% interest in a block of strategically located gold mineral lease claims in east central Nevada. These claims are all located in the heart of the newly discovered 'Long Canyon Gold Trend' where four major companies (Fronteer Development Group Inc., AuEx Ventures Inc., Agnico Eagle Mines Ltd. and Barrick Gold Corporation) have spent over $40 million dollars in exploration costs to date defining near surface gold deposits with similar geology and characteristics as the famous Carlin Gold Trend. These four companies to date have major land positions in this new trend and have made press releases confirming exceptional gold values in their recent extensive drilling programs which continue to date. The Company will be required to provide cash payments in installments and issue shares of the Company's stock to the Vendor for entry into this exclusive Option Purchase Agreement. Golden Spirit also will be required to provide working capital to complete a two phase exploration program, and to define potential drill targets on the claim block.Through this agreement, the company will also have the first option to acquire additional gold mineral lease properties from the Vendor in this newly discovered Long Canyon Gold Trend area and in other gold exploration and gold production areas of Nevada in the future.ï¿...Click here to read the whole Article (external link)
GOLDEN SPIRIT ENTERPRISES LTD. Financials
PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue - - - - Cost of Revenue - - - - Gross Profit - - - - Operating ExpensesResearch Development - - - - Selling General and Administrative25 34 44 60 Non Recurring - - 91 - Others - - 0 0 Total Operating Expenses - - - - Operating Income or Loss(25)(34)(135)(60)Income from Continuing OperationsTotal Other Income/Expenses Net - (9)7 (0)Earnings Before Interest And Taxes(25)(43)(128)(60)Interest Expense - - - - Income Before Tax(25)(43)(128)(60)Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops(25)(43)(128)(60)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - ...Click here to read the whole Article (external link)
GOLDEN SPIRIT ENTERPRISES LTD. Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis or Plan of Operation. The following should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report. The discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. We changed our name from Power Direct, Inc., to 2UOnline.com, Inc. by filing a Certificate of Amendment to our Certificate of Incorporation on January 31, 2000. We also changed our trading symbol from "PWDR" to "TWOU" in order to reflect our decision to shift our focus from oil and gas production to Internet- related activities. Our symbol was then changed to "TWOUE". On or about April 18, 2000, we were removed from the Over-the-Counter Bulletin Board ("OTCBB") for failure to comply with NASD Rule 6530, which requires any company listed on the OTCBB to be current in its public reporting obligations pursuant to the Securities and Exchange Act of 1934. The Company was re-instated on the OTCBB on October 7, 2002 under the symbol "TWOU". The Company filed a certificate of amendment to its Articles of Incorporation with the State of Delaware on October 1, 2003 to change its name to Golden Spirit Minerals Ltd. The name change reflects management's decision to shift the Company's focus from internet-based business development to mineral exploration. On October 8, 2003, the trading symbol for the Company became "GSPM". On October 19, 2004, the Company changed its name to Golden Spirit Mining Ltd. and the trading symbol was "GSML". On July 18, 2005 the Company changed its name to Golden Spirit Gaming Ltd. and the trading symbol was "GSGL". On June 30, 2006, the Company changed it's name to Golden Spirit Enterprises Ltd. and the trading symbol is currently "GSPT". On August 17, 2005, the Company incorpor...Click here to read the whole Article (external link)
GOLDEN SPIRIT ENTERPRISES LTD. Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for GOLDEN SPIRIT ENTERPRISES LTD. | Request a Trial to NEW EDGAR Online Pro Form 8-K for GOLDEN SPIRIT ENTERPRISES LTD. 19-Nov-2008Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for inf...Click here to read the whole Article (external link)
GOLDEN SPIRIT ENTERPRISES LTD. Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis or Plan of Operation. The following should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report. The discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Golden Spirit Enterprises Ltd., formerly Golden Spirit Gaming Ltd., formerly Golden Spirit Mining Ltd., formerly Golden Spirit Minerals Ltd., formerly 2UOnline.com, Inc., formerly Power Direct, Inc., was incorporated in the State of Delaware on September 13, 1993, and we maintain our principal executive offices at 385 52 Ave. Pointe-Calumet, Quebec, Canada J0N 1G4. Our offices in the United States are located at 702 Kentucky Street, Suite 541, Bellingham, Washington 98225. As 2UOnline.com, Inc., due to the growth of the Internet, the Company decided to pursue Internet-related activities. We anticipated our plan for online sales of various items (chocolates, flowers, etc.) would create positive cash flow. The plan was not realized. As Golden Spirit Minerals Ltd. (and later Golden Spirit Mining Ltd.), the Company acquired 90% ownership of the Ester Creek Gold properties located near Fairbanks, Alaska for $45,000 cash and the issuance of 450,000 restricted shares of the Company's common stock. Due to the inability to work the property year round, the initial exploration did not warrant working the property further. The property was abandoned. As Golden Spirit Gaming Ltd., the Company created an online poker website whereby customers could play for fun or for stakes. On September 30, 2006, Congress passed the Unlawful Internet Gambling Enforcement Act of 2006 prohibiting banks, credit card companies, money transmitting businesses, and other third-party payment providers from knowingly processing online gaming transactions. Due to this ruling and the negative impact it would hav...Click here to read the whole Article (external link)
