Zenosense (ZENO) 10-Q 12 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Oct. 22, 2013
Document And Entity Information	'	'
Entity Registrant Name	'Braeden Valley Mines, Inc.	'
Entity Central Index Key	'0001458581	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	30,000,000
Document Fiscal Period Focus	'Q3	'
Document Fiscal Year Focus	'2013	'

Balance_Sheets

Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
Assets	'	'
Total assets	$0	$0
Current liabilities:	'	'
Accounts payable	1,679	1,686
Advances	106,536	83,428
Notes payable to related party	1,675	1,675
Accrued interest on note payable to related party	419	356
Total current liabilities	110,309	87,145
Stockholders (Deficit):	'	'
Capital stock 50,000,000 common stock authorized, $0.001 par value 30,000,000 common shares issued and outstanding	30,000	30,000
Additional paid in capital	-15,000	-15,000
Deficit accumulated during the pre-exploration stage	-125,309	-102,145
Total stockholders (deficit)	-110,309	-87,145
Total liabilities and stockholders (deficit)	$0	$0

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Statement of Financial Position [Abstract]	'	'
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	30,000,000	30,000,000

Statements_of_Operations

Statements of Operations (USD $)	3 Months Ended		9 Months Ended		62 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Income Statement [Abstract]	'	'	'	'	'
Revenues	'	'	'	'	'
Expense	'	'	'	'	'
Exploration costs	'	'	'	606	4,856
General and administrative expenses	6,572	9,498	23,101	17,291	95,034
Impairment of mineral property rights	'	'	'	2,500	25,000
Total expenses	6,572	9,498	23,101	20,397	124,890
Loss from operations	-6,572	-9,498	-23,101	-20,397	-124,890
Other income/(expense)	'	'	'	'	'
Interest expense	-21	-21	-63	-63	-419
Total other expense	-21	-21	-63	-63	-419
Net loss	($6,593)	($9,519)	($23,164)	($20,460)	($125,309)
Net loss per common share:	'	'	'	'	'
Basic and diluted	$0	$0	$0	$0	'
Weighted average common shares outstanding:	'	'	'	'	'
Basic and diluted	30,000,000	30,000,000	30,000,000	30,000,000	'

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	9 Months Ended		62 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Operating Activities	'	'	'
Net loss	($23,164)	($20,460)	($125,309)
Adjustment to reconcile to net loss to net cash used in operating activities:	'	'	'
Impairment of mineral property rights	'	2,500	25,000
Changes in balances of assets and liabilities:	'	'	'
Accrued interest	63	63	419
Accounts payable	-7	-60	1,679
Cash used in operating activities	-23,108	-17,957	-98,211
Investing activities	'	'	'
Acquisition of mineral property rights	'	-2,500	-25,000
Cash used in investing activities	'	-2,500	-25,000
Financing activities	'	'	'
Proceeds from subscriptions of stock	'	'	15,000
Advances from third parties	23,108	20,457	106,536
Proceeds from related party debt	'	'	1,675
Cash provided by financing activities	23,108	20,457	123,211
Net increase (decrease) in cash	'	'	'
Cash, beginning of period	'	'	'
Cash, end of period	'	'	'
Supplemental disclosure of cash flow information	'	'	'
Cash paid for income taxes	'	'	'
Cash paid for interest	'	'	'

Note_1_Basis_of_Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Note 1 - Basis of Presentation	'
	1.   Basis of presentation
	The accompanying unaudited financial statements of Braeden Valley Mines, Inc. (“Braeden” or “the Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”).  Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates, which have been made using careful judgment.  Actual results may vary from these estimates.
	These unaudited condensed financial statements should be read in conjunction with the audited financial statements, as of December 31, 2012, and notes thereto. In the opinion of management, all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year.
	Development Stage Company: The Company has not earned any revenue from operations. Accordingly, the accompanying financial statements have been prepared in accordance with generally accepted accounting principles related to development-stage companies as set forth in Financial Accounting Standards Board Accounting Standards Codification 915 (“FASB ASC 915”). A development-stage company is one in which planned principal operations have not commenced or if its operations have commenced, there has been no significant revenues there from.

Note_2_Nature_of_Operations_an

Note 2 - Nature of Operations and Going Concern	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Note 2 - Nature of Operations and Going Concern	'
	2.   Nature of operations and going concern
	Braeden was incorporated under the laws of the State of Nevada on August 11, 2008 for the purpose of acquiring and developing mineral properties. The Company’s planned principal operations have not yet begun and the Company’s mineral rights agreement was terminated on May 15, 2013.
	These financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for its next fiscal year.  Realization values may be substantially different from carrying values as shown and these financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. On May 15, 2013, the Company had terminated its mineral rights agreement and is no longer a pre-exploration stage company.   At September 30, 2013, the Company had not yet achieved profitable operations, had accumulated losses of $125,309 since its inception, had a working capital deficit of $110,309 and expects to incur further losses in the development of its business, all of which raises substantial doubt about the Company’s ability to continue as a going concern.  The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due.
	The Company expects to continue to incur substantial losses as it executes its business plan and does not expect to attain profitability in the near future.  Since its inception, the Company has funded operations through short-term borrowings and equity investments in order to meet its strategic objectives. The Company's future operations are dependent upon external funding and its ability to execute a new business plan, realize sales and control expenses.
	Management believes that sufficient funding will be available from additional borrowings and private placements to meet its business objectives including anticipated cash needs for working capital, for a reasonable period of time.  However, there can be no assurance that the Company will be able to obtain sufficient funds to continue the development of a new business operation, or if obtained, upon terms favorable to the Company.
	Recently Issued Accounting Pronouncements
	Accounting standards that have been issued or proposed by the Financial Accounting Standards Board or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations and cash flows.

Note_3_Mineral_Property_Rights

Note 3 - Mineral Property Rights	9 Months Ended
	Sep. 30, 2013
Extractive Industries [Abstract]	'
Note 3 - Mineral Property Rights	'
	3.   Mineral property rights
	On August 11, 2008, Braeden entered into an exploration and mining lease agreement with Altair Minerals, Inc. (“Altair”), and acquired an undivided interest into mining claims located in Elko County, Nevada, in consideration for the payment of advance minimum royalties pursuant to a series of payments to be made over a 3 year period starting from August 12, 2008, and ending on May 15, 2013.
	The Company chose not to renew the lease on May 15, 2013 resulting in termination of the exploration and mining lease agreement with Altair Minerals, Inc.  There are no further payments required as a result of the termination. The Company recognized an impairment loss of $0 and $2,500 for the three months and nine months ended September 30, 2012 and a cumulative impairment loss of $25,000, which represented the total $25,000 of acquisition costs paid to acquire the exploration and mining lease agreement for this property.

Note_4_Advances

Note 4 - Advances	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Note 4 - Advances	'
	4.   Advances
	During the nine month period ended September 30, 2013, the Company received advances from a third party of $23,108.
	These advances do not bear interest and do not have any specific terms of repayment. Total advances due to this third party were $106,536 as of September 30, 2013.

Note_5_Note_Payable_from_a_Rel

Note 5 - Note Payable from a Related Party	9 Months Ended
	Sep. 30, 2013
Related Party Transactions [Abstract]	'
Note 5 - Note Payable from a Related Party	'
	5.   Note payable from a related party
	On September 30, 2008, Braeden received $1,675 pursuant to a promissory note with the President of the Company.  The note is unsecured, bears interest at 5% per annum, calculated annually, and is due on demand.   At September 30, 2013, the total due including interest was $2,094 and at December 31, 2012 was $2,031 including $419 of accrued interest and $356 of accrued interest at December 31, 2012.

Note_6_Common_Stock

Note 6 - Common Stock	9 Months Ended
	Sep. 30, 2013
Equity [Abstract]	'
Note 6 - Common Stock	'
	6.   Common stock
	Braeden’s authorized common stock consists of 50,000,000 shares of common stock, with par value of $0.001.
	On September 30, 2008, Braeden issued 30,000,000 shares of its common stock to two former directors at $0.0005 per share, for net proceeds of $15,000.

Note_7_Subsequent_Event

Note 7 - Subsequent Event	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Note 7 - Subsequent Event	'
	7.   Subsequent event
	On October 25, 2013, the Board of Directors of Braden Valley Mines, Inc. (the “Company”) appointed Mr. Carlos Jose Gil, 44, as a new director of the Company, effective as of October 25, 2013. Mr. Gil shall hold office for a term expiring at the 2013 Annual Meeting of the Company’s stockholders, which is scheduled to be held on November 18, 2013.
	Mr. Gil, pursuant to director compensation letter, will receive Euro 4,500 per month for his service on the Company’s Board of Directors.

Note_2_Nature_of_Operations_an1

Note 2 - Nature of Operations and Going Concern (Details Narrative) (USD $)	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Accumulated Losses	$125,309
Working capital deficiency	$110,309

Note_3_Mineral_Property_Rights1

Note 3 - Mineral Property Rights (Details Narrative) (USD $)	3 Months Ended	9 Months Ended		62 Months Ended
	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Aug. 12, 2008
					Y
Extractive Industries [Abstract]	'	'	'	'	'
Term of payments	'	'	'	'	3
Impairment of mineral property rights	'	'	$2,500	$25,000	'
Acquisition cost	'	'	'	'	$25,000

Note_4_Advances_Details_Narrat

Note 4 - Advances (Details Narrative) (USD $)	9 Months Ended		62 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
Debt Disclosure [Abstract]	'	'	'	'
Advances received in period	$23,108	$20,457	$106,536	'
Advances due to third parties	$106,536	'	$106,536	$83,428

Note_5_Note_Payable_from_a_Rel1

Note 5 - Note Payable from a Related Party (Details Narrative) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2008
Related Party Transactions [Abstract]	'	'	'
Proceeds from related party	'	'	$1,675
Interest rate per annum	'	'	5.00%
Amount due including interest	2,094	2,031	'
Accrued interest	$419	$316	'

Note_6_Common_Stock_Details_Na

Note 6 - Common Stock (Details Narrative) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2008
Equity [Abstract]	'	'	'
Common stock, shares authorized	50,000,000	50,000,000	'
Common stock, par value	$0.00	$0.00	'
Shares issued	'	'	30,000,000
Number of former directors	'	'	2
Price per share	'	'	$0.00
Proceeds from sale of stock	'	'	$15,000

Note_7_Subsequent_Event_Detail

Note 7 - Subsequent Event (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Monthly compensation	$4,500