-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V7VKTuKKIJbWJJeSFZeygt/DegbQZseMBFYJWytfDpnfHOIk15JAxaa9mki4OPLJ aSgiozvD7kxfZcxexWubwA== 0000018886-02-000033.txt : 20021031 0000018886-02-000033.hdr.sgml : 20021031 20021031130810 ACCESSION NUMBER: 0000018886-02-000033 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021031 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VISTA CONTINENTAL CORP CENTRAL INDEX KEY: 0000018886 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 720510027 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-03303 FILM NUMBER: 02804582 BUSINESS ADDRESS: STREET 1: 851 SO. RAMPART DR. # 150 STREET 2: - CITY: LAS VEGAS STATE: NV ZIP: 89145 BUSINESS PHONE: 702-228-2077 MAIL ADDRESS: STREET 1: 851 SO. RAMPART DR. # 150 CITY: LAS VEGAS STATE: NV ZIP: 89145 FORMER COMPANY: FORMER CONFORMED NAME: CARROTONE LABORATORIES INC DATE OF NAME CHANGE: 19680314 FORMER COMPANY: FORMER CONFORMED NAME: CARRTONE LABORATORIES INC DATE OF NAME CHANGE: 19720508 FORMER COMPANY: FORMER CONFORMED NAME: CENTURY LABORATORIES INC DATE OF NAME CHANGE: 19920703 8-K/A 1 century8kjnauga.txt U.S. Securities and Exchange Commission Washington, D.C. 20549 Form 8-K/A CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Amended Report: September 2, 2002 VISTA CONTINENTAL CORPORATION (formerly known as Century laboratories, Inc.) COMMISSION FILE NO. 2-90519 A Delaware Corporation EIN: 72-0510027 851 S. Rampart Blvd. # 150 Las Vegas, NV 89145 Telephone 702-228-2077 Former Address: 730 2nd St. Santa Rosa, Calif. 95402-3588 Item 7. Financial Statements and Exhibit VISTA CONTINENTAL CORPORATION (A Development Stage Company) CONSOLIDATED BALANCE SHEET As of March 31, 2002 (Restated) ASSETS Cash $ 3,981 Prepaid rent 10,782 Property & equipment, net of $ 7,390 accumulated depreciation 927,111 Rental houses in Las Vegas, NV, net of $ 14,254 accumulated deprecation 1,253,246 Mining concessions 99,275 Deposits 500 ---------- $2,294,895 =========== LIABILITIES Accounts payable $ 4,949 Advance payable to an officer 100 Tenant security deposits 4,695 -------- Total Liabilities 9,744 -------- Minority interest 12,362 Commitments STOCKHOLDERS' DEFICIT Common stock, $.001 par, 75,000,000 shares authorized, 40,137,355 shares issued and outstanding 39,837 Additional paid in capital 3,687,095 Deficit accumulated during the development stage (1,454,143) ----------- Total Stockholders' Equity 2,272,789 ----------- TOTAL LIABILITIES AND STOCKHOLDERS' Equity $2,294,895 =========== VISTA CONTINENTAL CORPORATION [CENTURY LABORATORIES, INC.} (A Development Stage Company) CONSOLIDATED STATEMENTS OF EXPENSES For the Six and Three month Periods ended March 31, 2002 (restated) and 2001 and the Period from July 1, 1988 (inception) Through March 31, 2002 Inception 6 and 3 Mo. Ended 6 and 3 Mo. Ended Through 2002 2002 2001 2001 2002 -------- -------- -------- -------- ----------- Mining operating expenses $ 77,555 $ 43,450 $ 213,438 Administrative Expenses 317,323 169,797 1,204,861 Depreciation 4,927 2,464 7,390 --------- -------- ------- ------- --------- Net loss from Operations (399,805) ( 215,711) (1,425,689) Other income - rental house expenses, net of rental house receipts (5,621) (3,637) (26,678) - minority interest Portion of net rental house receipts 56 36 267 - foreign currency loss ( 2,043) --------- ------- --------- --------- ----------- Net loss $( 405,370) $(219,312) $(1,454,143) ============ =========== =========== ========= ============ Per share, basic and diluted Net loss per common share $(.01) $ (.01) Weighted average common shares outstanding 37,323,828 39,523,828
VISTA CONTINENTAL CORPORATION [CENTURY LABORATORIES, INC.} (A Development Stage Company) CONSOLIDATED STATEMENTS OF CASH FLOWS For the Six month Periods ended March 31, 2002 (restated) and 2001 and the Period from July 1, 1988 (inception) Through March 31, 2002 Inception Through 2002 2001 2002 -------- -------- ----------- CASH FLOWS FROM OPERATING ACTIVITIES Net deficit accumulated during the development stage $( 405,370) $(1,454,143) Adjustments to reconcile net deficit to net cash used in operating activities: Depreciation 12,096 21,644 Stock and options issued for services 381,510 Loss assigned to minority interest ( 56) (267) Increase in prepaid rent (10,782) Increase in accounts payable 2,000 4,948 Decrease in tenant security deposits 1,350 95 -------- --------- --------- NET CASH USED BY OPERATING ACTIVITIES ( 389,980) (1,056,995) -------- ------- --------- CASH FLOWS FROM INVESTING ACTIVITIES Purchases of property & equipment ( 894,501) Acquisition of mining concessions ( 9,775) Increase in deposits ( 500) ------------ --------- --------- ( 904,776) ------------ --------- -------- CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from note payable to founder 100 Contributions to capital by founding shareholder 109,646 360,962 Sale of stock 270,550 1,603,700 -------- -------- --------- NET CASH FLOWS FROM FINANCING ACTIVITIES 380,196 1,965,752 -------- -------- --------- NET CHANGE IN CASH (9,784) 3,981 Cash balance, beginning 13,765 0 -------- ------ -------- Cash balance, ending $ 3,981 $ 3,981 ======== ======== ========
SIGNATURES Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8K/A to be signed on its behalf by the undersigned, thereunto duly authorized this 10th day of September, 2002. VISTA CONTINENTAL CORPORATION /s/ By: Bill Brooks, Chief Executive Officer and President -----END PRIVACY-ENHANCED MESSAGE-----