10QSB 1 cri2q01.txt U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-QSB [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: June 30, 2001 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 0-32831 CHARTER RESOURCES INTERNATIONAL (Exact name of small business issuer as specified in its charter) NEVADA 95-4093200 (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) 5300 W. Sahara, #100, Las Vegas, Nevada 89146 (Address of principal executive offices) (800) 781-9301 (Registrant's telephone number, including area code) Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such report(s), YES [X] NO [ ] and (2) has been subject to such filing requirements for the past 90 days. YES [ ] NO [X] The number of $.001 par value common shares outstanding at June 30, 2001: 35,676,500 PART I - FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS See discussion under Item 2. ITEM 2: MANAGEMENT'S DISCUSSION & ANALYSIS OR PLAN OF OPERATIONS Charter Resources International is a mining company not in the production stage but engaged primarily in the exploration for the development of mineral deposits other than oil, gas or coal. The Company has not been in production during the current fiscal year or the two years immediately prior thereto. Receipts from the sale of mineral products or from the operations of mineral producing properties by the Company have not exceeded $500,000 in any of the most recent six years and have not aggregated more than $1,500,000 in the most recent six fiscal years. Pursuant to Rule 13a-13(c), Part I of the quarterly report on Form 10-QSB need not be filed. PART II - OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS The Company is not a party to any material pending legal proceedings. No such action is contemplated by the Company nor, to the best of its knowledge, has any action been threatened against the Company. ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS (a) No instruments defining the rights of the holders of any class of registered securities have been materially modified. (b) No rights evidenced by any class of registered securities have been materially limited or qualified by the issuance or modification of any other class of securities. (c) During the period covered by this report, there were not any securities that the issuer sold without registering the securities under the Securities Act. (d) There has not been any Securities Act registration statement filed or declared effective within the past three years. ITEM 3. DEFAULTS UPON SENIOR SECURITIES There has not been any material default in the payment of principal, interest, a sinking or purchase fund installment, or any other material default not cured within 30 days, with respect to any indebtedness of the issuer exceeding 5 percent of the total assets of the issuer. ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS No matter has been submitted to a vote of security holders during the period covered by this report, through the solicitation of proxies or otherwise. ITEM 5. OTHER INFORMATION None. ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K (a) Exhibits required by Item 601 of Regulation S-B. None (b) Reports on Form 8-K. No reports on Form 8-K were filed during the quarter for which this report is filed. SIGNATURES In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. CHARTER RESOURCES INTERNATIONAL Date: September 10, 2001 By: /s/ Lawrence J. Muno Lawrence J. Muno, Chairman of the Board Chief Executive Officer Date: September 10, 2001 By: /s/ Peter R. Del Mastro Peter R. Del Mastro, President and Director Chief Financial Officer