Accredited Solutions (ASII) 10-K25 May 182017 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2017	Apr. 30, 2018	Jun. 30, 2017
Document And Entity Information
Entity Registrant Name	Lone Star Gold, Inc.
Entity Central Index Key	1,464,865
Document Type	10-K
Document Period End Date	Dec. 31, 2017
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?	No
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		143,361,963
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Current assets
Cash
Prepaid expenses
Property and equipment, net
Mining assets
Total assets
Current liabilities
Accounts payable	109,495	109,495
Accrued liabilities	55,507	54,507
Note payable	45,778	45,778
Derivative liability	289,740	120,414
Due to related party	38,910	38,910
Total liabilities	539,430	369,104
Stockholders' equity
Common stock	143,262	143,262
Additional paid-in capital	5,398,908	5,398,908
Accumulated deficit	(6,061,913)	(5,891,587)
Non-controlling interest in subsidiary	(19,687)	(19,687)
Total stockholders' deficit	(539,430)	(369,104)
Total liabilities and stockholders' deficit

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Consolidated Statements Of Operations
Revenue
Operating Expenses	1,000	1,994
Loss from operations	(1,000)	(1,994)
Other income (expense)
Income (loss) from discontinued operation	(169,326)	45,637
Net Income (Loss)	(170,326)	43,643
Net Income (loss) attributable to noncontrolling interest
Net Income (loss) attributable to Lone Star Gold, Inc	$ (170,326)	$ 43,643
Loss per share - basic and diluted	$ .00	$ .00
Weighted average shares - basic and diluted	147,519,813	147,519,813

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Operating Activities
Net income (loss)	$ (170,326)	$ 43,643
Non-cash adjustments to reconcile net loss to net cash:
Accounts payable and accrued liabilities	1,000	1,994
Net loss from discontinued operations	169,326	(45,637)
Net Cash Used in Operating Activities
Investing Activities
Net Cash used in Investing Activities
Financing Activities
Proceeds from sale of common stock
Proceeds from issuance of notes payable
Repayments of notes payable
Net Cash Provided by Financing Activities
Net change in cash
Cash - Beginning of Period
Cash - End of Period
Non Cash transactions:
Repayment of note payable and accrued interest by a shareholder

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Noncontrolling Interest	Total
Beginning Balance, Shares at Dec. 31, 2016	143,261,963
Beginning Balance, Amount at Dec. 31, 2016	$ 143,262	$ 5,398,908	$ (5,891,587)	$ (19,687)	$ (369,104)
Beginning Balance, Shares at Dec. 31, 2016	143,261,963
Beginning Balance, Amount at Dec. 31, 2016	$ 143,262	5,398,908	(5,891,587)	(19,687)	(369,104)
Beginning Balance, Shares at Dec. 31, 2016	143,261,963
Beginning Balance, Amount at Dec. 31, 2016	$ 143,262	5,398,908	(5,891,587)	(19,687)	(369,104)
Beginning Balance, Shares at Dec. 31, 2016	143,261,963
Beginning Balance, Amount at Dec. 31, 2016	$ 143,262	5,398,908	(5,891,587)	(19,687)	(369,104)
Net Loss			(170,326)		(170,326)
Ending Balance, Shares at Dec. 31, 2017	143,261,963
Ending Balance, Amount at Dec. 31, 2017	$ 143,262	$ 5,398,908	$ (6,061,913)	$ (19,687)	$ (539,430)

NATURE OF OPERATIONS AND DISCON

NATURE OF OPERATIONS AND DISCONTINUANCE OF BUSIENSS	12 Months Ended
NATURE OF OPERATIONS AND DISCONTINUANCE OF BUSIENSS	Dec. 31, 2017
Notes to Financial Statements
NOTE 1 - NATURE OF OPERATIONS AND DISCONTINUANCE OF BUSIENSS	Lone Star Gold, Inc. (the Company or Lone Star), formerly known as Keyser Resources, Inc., was incorporated in the State of Nevada on November 26, 2007. The Company is an Exploration Stage Company as defined by Financial Accounting Standards Board Accounting Standards Codification (ASC) Topic 915 Development Stage Entities. Shortly after September 30, 2013, the Company ceased operation as it was in default of certain creditor obligations. In 2017, the Company was put into receivership to satisfy those outstanding creditor claims.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Dec. 31, 2017
Notes to Financial Statements
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	(a) Non-controlling Interests Non-controlling interests represent the equity in a subsidiary not attributable directly or indirectly to the Company, and in represented in the consolidated balance sheets as a component of stockholders equity. Non-controlling interests in the results of operations of the Company are presented in the face of the statement of operations as an allocation of the total profit or loss between non-controlling interests and the shareholders of the Company. (b) Basis of Presentation These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. The Companys fiscal year-end is December 31. (c) Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the recoverability of long-lived assets and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Companys estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. (d) Net Loss Per Common Share The Company computes net income or loss per share in accordance with ASC 260 Earnings per Share. Under the provisions of the Earnings per Share Topic ASC, basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive. (e) Income Taxes The Company accounts for its income taxes in accordance with ASC 740 Income Taxes, which requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. A valuation allowance is provided for the amount of deferred tax assets that would otherwise be recorded for income tax benefits primarily relating to operating loss carryforwards as realization cannot be determined to be more likely than not. The statement establishes a more-likely-than-not threshold for recognizing the benefits of tax return positions in the financial statements. Also, the statement implements a process for measuring those tax positions which meet the recognition threshold of being ultimately sustained upon examination by the taxing authorities. There are no uncertain tax positions taken by the Company on its tax returns and the adoption of the statement had no material impact to the Companys consolidated financial statements. The Company files tax returns in the US and states in which it has operations and is subject to taxation. Tax years subsequent to 2013 remain open to examination by U.S. federal and state tax jurisdictions. (f) Discontinued operations We discontinued operations during the year ended December 31, 2013. All operations prior to that have been presented in the statement of operations and the cash flow statement as net income or loss from discontinued operations. In fact we have no assets related to an operating business as December 31, 2017, 2016, 2015, 2014 or 2013.

GOING CONCERN

GOING CONCERN	12 Months Ended
GOING CONCERN	Dec. 31, 2017
Notes to Financial Statements
NOTE 3 - GOING CONCERN	The Company has elected to adopt early application of Accounting Standards Update No. 2014-15, Presentation of Financial StatementsGoing Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entitys Ability to Continue as a Going Concern (ASU 2014-15). The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company is unable to continue as a going concern. The Companys financial statements have been prepared on the basis that the Company has ceased operations for the time being and is in the process of pursuing business opportunities for the Company to resume as a going concern. As reflected in the consolidated financial statements, the Company had an accumulated deficit of $6,061,913 at December 31, 2017. These factors raise substantial doubt about the Companys ability to continue as a going concern in the future once it acquires a viable entity.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2017
Notes to Financial Statements
NOTE 4 - SUBSEQUENT EVENTS	None.

INTERIM PERIOD DISCLOSURES

INTERIM PERIOD DISCLOSURES	12 Months Ended
INTERIM PERIOD DISCLOSURES	Dec. 31, 2017
Notes to Financial Statements
NOTE 5 - INTERIM PERIOD DISCLOSURES	The unaudited consolidated balance sheets for the interim periods in the year ended December 31, 2017, as presented below: September 30, June 30, March 31, 2017 2017 2017 ASSETS Current assets Cash $ - $ - $ - Prepaid expenses - - - Property and equipment, net - - - Mining assets - - - Total assets - - - LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable 109,495 109,495 109,495 Accrued liabilities 55,257 55,007 54,757 Note payable 45,778 45,778 45,778 Derivative liability 120,414 120,414 120,414 Due to related party 38,910 38,910 38,910 Total liabilities 369,854 369,604 369,354 September 30, June 30, March 31, 2017 2017 2017 Stockholders' equity Common stock 143,262 143,262 143,262 Additional paid-in capital 5,398,908 5,398,908 5,398,908 Accumulated deficit (5,892,337 ) (5,892,087 ) (5,891,837 ) Non-controlling interest in subsidiary (19,687 ) (19,687 ) (19,687 ) Total stockholders' deficit (369,854 ) (369,604 ) (369,354 ) Total liabilities and stockholders' deficit $ - $ - $ - The unaudited balance sheets for the interim periods in the year ended December 31, 2016, as presented below: September 30, June 30, March 31, 2016 2016 2016 ASSETS Current assets Cash $ - $ - $ - Prepaid expenses - - - Property and equipment, net - - - Mining assets - - - Total assets - - - LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable 109,495 109,495 109,495 Accrued liabilities 54,009 53,510 53,012 Note payable 45,778 45,778 45,778 Derivative liability 166,051 166,051 166,051 Due to related party 38,910 38,910 38,910 Total liabilities 414,243 413,744 413,246 Stockholders' equity Common stock 143,262 143,262 143,262 Additional paid-in capital 5,398,908 5,398,908 5,398,908 Accumulated deficit (5,936,726 ) (5,936,227 ) (5,935,729 ) Non-controlling interest in subsidiary (19,687 ) (19,687 ) (19,687 ) Total stockholders' deficit (414,243 ) (413,744 ) (413,246 ) Total liabilities and stockholders' deficit $ - $ -- $ - Unaudited results of operations for the nine-month ended September 30, 2017 and 2016 are as follows: 2017 2016 Revenue $ - $ - Operation Expenses 750 1,496 Loss from operations (750 ) (1,496 ) Other income (expense) - - Income (loss) from discontinued operation - - Net Income (Loss) (750 ) (1,496 ) Net Income (loss) attributable to non-controlling interest - - Net Income (loss) attributable to Lone Star Gold, Inc. $ (750 ) $ (1,496 ) Loss per share - basic and diluted (0.00 ) (0.00 ) Weighted average shares - basic and diluted 147,519,813 147,519,813 Unaudited results of operations for the three-month ended September 30, 2017 and 2016 are as follows: 2017 2016 Revenue $ - $ - Operation Expenses 250 499 Loss from operations (250 ) (499 ) - - Other income (expense) - - Income (loss) from discontinued operation - - Net Income (Loss) (250 ) (499 ) Net Income (loss) attributable to non-controlling interest - - Net Income (loss) attributable to Lone Star Gold, Inc. $ (250 ) $ (499 ) Loss per share - basic and diluted (0.00 ) (0.00 ) Weighted average shares - basic and diluted 147,519,813 147,519,813 Unaudited results of operations for the six-month ended June 30, 2017 and 2016 are as follows: 2017 2016 Revenue $ - $ - Operation Expenses 500 997 Loss from operations (500 ) (997 ) Other income (expense) - - Income (loss) from discontinued operation - - Net Income (Loss) (500 ) (997 ) Net Income (loss) attributable to non-controlling interest - - Net Income (loss) attributable to Lone Star Gold, Inc. $ (500 ) $ (997 ) Loss per share - basic and diluted (0.00 ) (0.00 ) Weighted average shares - basic and diluted 147,519,813 147,519,813 Unaudited results of operations for the three-month ended June 30, 2017 and 2016 are as follows: 2017 2016 Revenue $ - $ - Operation Expenses 250 499 Loss from operations (250 ) (499 ) - - Other income (expense) - - Income (loss) from discontinued operation - - Net Income (Loss) (250 ) (499 ) Net Income (loss) attributable to non-controlling interest - - Net Income (loss) attributable to Lone Star Gold, Inc. $ (250 ) $ (499 ) Loss per share - basic and diluted (0.00 ) (0.00 ) Weighted average shares - basic and diluted 147,519,813 147,519,813 Unaudited results of operations for the three-month ended March 31, 2017 and 2016 are as follows: 2017 2016 Revenue $ - $ - Operation Expenses 250 499 Loss from operations (250 ) (499 ) Other income (expense) - - Income (loss) from discontinued operation - - Net Income (Loss) (250 ) (499 ) Net Income (loss) attributable to non-controlling interest - - Net Income (loss) attributable to Lone Star Gold, Inc. $ (250 ) $ (499 ) Loss per share - basic and diluted (0.00 ) (0.00 ) Weighted average shares - basic and diluted 147,519,813 147,519,813 Unaudited cash flows for the nine-month ended September 30, 2017 and 2016 are as follows: 2017 2016 Operating Activities Net income (loss) $ (750 ) $ (1,496 ) Non-cash adjustments to reconcile net loss to net cash: Net income from discontinued operations - - Accounts payable and accrued liabilities 750 1,496 Net Cash Used in Operating Activities - - Investing Activities Net Cash used in Investing Activities - - Financing Activities Proceeds from sale of common stock - - Proceeds from issuance of notes payable - - Repayments of notes payable - - Net Cash Provided by Financing Activities - - Net change in cash - - Cash - Beginning of Period - - Cash - End of Period $ - $ - Unaudited cash flows for the six-month ended June 30, 2017 and 2016 are as follows: 2017 2016 Operating Activities Net income (loss) $ (500 ) $ (997 ) Non-cash adjustments to reconcile net loss to net cash: Net income from discontinued operations - - Accounts payable and accrued liabilities 500 997 Net Cash Used in Operating Activities - - 2017 2016 Investing Activities Net Cash used in Investing Activities - - Financing Activities Proceeds from sale of common stock - - Proceeds from issuance of notes payable - - Repayments of notes payable - - Net Cash Provided by Financing Activities - - Net change in cash - - Cash - Beginning of Period - - Cash - End of Period $ - $ - Unaudited cash flows for the three-month ended March 31, 2017 and 2016 are as follows: 2017 2016 Operating Activities Net income (loss) $ (250 ) $ (499 ) Non-cash adjustments to reconcile net loss to net cash: Net income from discontinued operations - - Accounts payable and accrued liabilities 250 499 Net Cash Used in Operating Activities - - Investing Activities Net Cash used in Investing Activities - - Financing Activities Proceeds from sale of common stock - - Proceeds from issuance of notes payable - - Repayments of notes payable - - Net Cash Provided by Financing Activities - - Net change in cash - - Cash - Beginning of Period - - Cash - End of Period $ - $ -

SUMMARY OF SIGNIFICANT ACCOUN11

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Dec. 31, 2017
Summary Of Significant Accounting Policies Policies
Non-controlling Interests	Non-controlling interests represent the equity in a subsidiary not attributable directly or indirectly to the Company, and in represented in the consolidated balance sheets as a component of stockholders equity. Non-controlling interests in the results of operations of the Company are presented in the face of the statement of operations as an allocation of the total profit or loss between non-controlling interests and the shareholders of the Company.
Basis of Presentation	These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. The Companys fiscal year-end is December 31.
Use of Estimates	The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the recoverability of long-lived assets and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Companys estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
Net Loss Per Common Share	The Company computes net income or loss per share in accordance with ASC 260 Earnings per Share. Under the provisions of the Earnings per Share Topic ASC, basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive.
Income Taxes	The Company accounts for its income taxes in accordance with ASC 740 Income Taxes, which requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. A valuation allowance is provided for the amount of deferred tax assets that would otherwise be recorded for income tax benefits primarily relating to operating loss carryforwards as realization cannot be determined to be more likely than not. The statement establishes a more-likely-than-not threshold for recognizing the benefits of tax return positions in the financial statements. Also, the statement implements a process for measuring those tax positions which meet the recognition threshold of being ultimately sustained upon examination by the taxing authorities. There are no uncertain tax positions taken by the Company on its tax returns and the adoption of the statement had no material impact to the Companys consolidated financial statements. The Company files tax returns in the US and states in which it has operations and is subject to taxation. Tax years subsequent to 2013 remain open to examination by U.S. federal and state tax jurisdictions.
Discontinued operations	We discontinued operations during the year ended December 31, 2013. All operations prior to that have been presented in the statement of operations and the cash flow statement as net income or loss from discontinued operations. In fact we have no assets related to an operating business as December 31, 2017, 2016, 2015, 2014 or 2013.

INTERIM PERIOD DISCLOSURES (Tab

INTERIM PERIOD DISCLOSURES (Tables)	12 Months Ended
INTERIM PERIOD DISCLOSURES (Tables)	Dec. 31, 2017
Interim Period Disclosures Tables
Schedule of condensed balance sheet	The unaudited consolidated balance sheets for the interim periods in the year ended December 31, 2017, as presented below: September 30, June 30, March 31, 2017 2017 2017 ASSETS Current assets Cash $ - $ - $ - Prepaid expenses - - - Property and equipment, net - - - Mining assets - - - Total assets - - - LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable 109,495 109,495 109,495 Accrued liabilities 55,257 55,007 54,757 Note payable 45,778 45,778 45,778 Derivative liability 120,414 120,414 120,414 Due to related party 38,910 38,910 38,910 Total liabilities 369,854 369,604 369,354 September 30, June 30, March 31, 2017 2017 2017 Stockholders' equity Common stock 143,262 143,262 143,262 Additional paid-in capital 5,398,908 5,398,908 5,398,908 Accumulated deficit (5,892,337 ) (5,892,087 ) (5,891,837 ) Non-controlling interest in subsidiary (19,687 ) (19,687 ) (19,687 ) Total stockholders' deficit (369,854 ) (369,604 ) (369,354 ) Total liabilities and stockholders' deficit $ - $ - $ - The unaudited balance sheets for the interim periods in the year ended December 31, 2016, as presented below: September 30, June 30, March 31, 2016 2016 2016 ASSETS Current assets Cash $ - $ - $ - Prepaid expenses - - - Property and equipment, net - - - Mining assets - - - Total assets - - - LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable 109,495 109,495 109,495 Accrued liabilities 54,009 53,510 53,012 Note payable 45,778 45,778 45,778 Derivative liability 166,051 166,051 166,051 Due to related party 38,910 38,910 38,910 Total liabilities 414,243 413,744 413,246 Stockholders' equity Common stock 143,262 143,262 143,262 Additional paid-in capital 5,398,908 5,398,908 5,398,908 Accumulated deficit (5,936,726 ) (5,936,227 ) (5,935,729 ) Non-controlling interest in subsidiary (19,687 ) (19,687 ) (19,687 ) Total stockholders' deficit (414,243 ) (413,744 ) (413,246 ) Total liabilities and stockholders' deficit $ - $ -- $ -
Schedule of condensed income statement	Unaudited results of operations for the nine-month ended September 30, 2017 and 2016 are as follows: 2017 2016 Revenue $ - $ - Operation Expenses 750 1,496 Loss from operations (750 ) (1,496 ) Other income (expense) - - Income (loss) from discontinued operation - - Net Income (Loss) (750 ) (1,496 ) Net Income (loss) attributable to non-controlling interest - - Net Income (loss) attributable to Lone Star Gold, Inc. $ (750 ) $ (1,496 ) Loss per share - basic and diluted (0.00 ) (0.00 ) Weighted average shares - basic and diluted 147,519,813 147,519,813 Unaudited results of operations for the three-month ended September 30, 2017 and 2016 are as follows: 2017 2016 Revenue $ - $ - Operation Expenses 250 499 Loss from operations (250 ) (499 ) - - Other income (expense) - - Income (loss) from discontinued operation - - Net Income (Loss) (250 ) (499 ) Net Income (loss) attributable to non-controlling interest - - Net Income (loss) attributable to Lone Star Gold, Inc. $ (250 ) $ (499 ) Loss per share - basic and diluted (0.00 ) (0.00 ) Weighted average shares - basic and diluted 147,519,813 147,519,813 Unaudited results of operations for the six-month ended June 30, 2017 and 2016 are as follows: 2017 2016 Revenue $ - $ - Operation Expenses 500 997 Loss from operations (500 ) (997 ) Other income (expense) - - Income (loss) from discontinued operation - - Net Income (Loss) (500 ) (997 ) Net Income (loss) attributable to non-controlling interest - - Net Income (loss) attributable to Lone Star Gold, Inc. $ (500 ) $ (997 ) Loss per share - basic and diluted (0.00 ) (0.00 ) Weighted average shares - basic and diluted 147,519,813 147,519,813 Unaudited results of operations for the three-month ended June 30, 2017 and 2016 are as follows: 2017 2016 Revenue $ - $ - Operation Expenses 250 499 Loss from operations (250 ) (499 ) - - Other income (expense) - - Income (loss) from discontinued operation - - Net Income (Loss) (250 ) (499 ) Net Income (loss) attributable to non-controlling interest - - Net Income (loss) attributable to Lone Star Gold, Inc. $ (250 ) $ (499 ) Loss per share - basic and diluted (0.00 ) (0.00 ) Weighted average shares - basic and diluted 147,519,813 147,519,813 Unaudited results of operations for the three-month ended March 31, 2017 and 2016 are as follows: 2017 2016 Revenue $ - $ - Operation Expenses 250 499 Loss from operations (250 ) (499 ) Other income (expense) - - Income (loss) from discontinued operation - - Net Income (Loss) (250 ) (499 ) Net Income (loss) attributable to non-controlling interest - - Net Income (loss) attributable to Lone Star Gold, Inc. $ (250 ) $ (499 ) Loss per share - basic and diluted (0.00 ) (0.00 ) Weighted average shares - basic and diluted 147,519,813 147,519,813
Schedule of condensed cash flow statement	Unaudited cash flows for the nine-month ended September 30, 2017 and 2016 are as follows: 2017 2016 Operating Activities Net income (loss) $ (750 ) $ (1,496 ) Non-cash adjustments to reconcile net loss to net cash: Net income from discontinued operations - - Accounts payable and accrued liabilities 750 1,496 Net Cash Used in Operating Activities - - Investing Activities Net Cash used in Investing Activities - - Financing Activities Proceeds from sale of common stock - - Proceeds from issuance of notes payable - - Repayments of notes payable - - Net Cash Provided by Financing Activities - - Net change in cash - - Cash - Beginning of Period - - Cash - End of Period $ - $ - Unaudited cash flows for the six-month ended June 30, 2017 and 2016 are as follows: 2017 2016 Operating Activities Net income (loss) $ (500 ) $ (997 ) Non-cash adjustments to reconcile net loss to net cash: Net income from discontinued operations - - Accounts payable and accrued liabilities 500 997 Net Cash Used in Operating Activities - - 2017 2016 Investing Activities Net Cash used in Investing Activities - - Financing Activities Proceeds from sale of common stock - - Proceeds from issuance of notes payable - - Repayments of notes payable - - Net Cash Provided by Financing Activities - - Net change in cash - - Cash - Beginning of Period - - Cash - End of Period $ - $ - Unaudited cash flows for the three-month ended March 31, 2017 and 2016 are as follows: 2017 2016 Operating Activities Net income (loss) $ (250 ) $ (499 ) Non-cash adjustments to reconcile net loss to net cash: Net income from discontinued operations - - Accounts payable and accrued liabilities 250 499 Net Cash Used in Operating Activities - - Investing Activities Net Cash used in Investing Activities - - Financing Activities Proceeds from sale of common stock - - Proceeds from issuance of notes payable - - Repayments of notes payable - - Net Cash Provided by Financing Activities - - Net change in cash - - Cash - Beginning of Period - - Cash - End of Period $ - $ -

NATURE OF OPERATIONS AND DISC13

NATURE OF OPERATIONS AND DISCONTINUANCE OF BUSIENSS (Details Narrative)	12 Months Ended
	Dec. 31, 2017
Nature Of Operations And Discontinuance Of Busienss Details Narrative
Entity incorporation, state country name	State of Nevada
Entity incorporation, date of incorporation	Nov. 26, 2007

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Going Concern Details Narrative
Accumulated deficit	$ (6,061,913)	$ (5,891,587)

INTERIM PERIOD DISCLOSURES (Det

INTERIM PERIOD DISCLOSURES (Details) - USD ($)	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016
Current assets
Cash
Prepaid expenses
Property and equipment, net
Mining assets
Total assets
Current liabilities
Accounts payable	109,495				109,495
Accrued liabilities	55,507				54,507
Note payable	45,778				45,778
Derivative liability	289,740				120,414
Due to related party	38,910				38,910
Total liabilities	539,430				369,104
Stockholders' equity
Common stock	143,262				143,262
Additional paid-in capital	5,398,908				5,398,908
Accumulated deficit	(6,061,913)				(5,891,587)
Non-controlling interest in subsidiary	(19,687)				(19,687)
Total stockholders' deficit	(539,430)				(369,104)
Total liabilities and stockholders' deficit
Interim Period Disclosures [Member]
Current assets
Cash
Prepaid expenses
Property and equipment, net
Mining assets
Total assets
Current liabilities
Accounts payable		109,495	109,495	109,495		109,495	109,495	109,495
Accrued liabilities		55,257	55,007	54,757		54,009	53,510	53,012
Note payable		45,778	45,778	45,778		45,778	45,778	45,778
Derivative liability		120,414	120,414	120,414		166,051	166,051	166,051
Due to related party		38,910	38,910	38,910		38,910	38,910	38,910
Total liabilities		369,854	369,604	369,354		414,243	413,744	413,246
Stockholders' equity
Common stock		143,262	143,262	143,262		143,262	143,262	143,262
Additional paid-in capital		5,398,908	5,398,908	5,398,908		5,398,908	5,398,908	5,398,908
Accumulated deficit		(5,892,337)	(5,892,087)	(5,891,837)		(5,936,726)	(5,936,227)	(5,935,729)
Non-controlling interest in subsidiary		(19,687)	(19,687)	(19,687)		(19,687)	(19,687)	(19,687)
Total stockholders' deficit		(369,854)	(369,604)	(369,354)		(414,243)	(413,744)	(413,246)
Total liabilities and stockholders' deficit

INTERIM PERIOD DISCLOSURES (D16

INTERIM PERIOD DISCLOSURES (Details 1) - USD ($)	3 Months Ended						6 Months Ended		9 Months Ended		12 Months Ended
INTERIM PERIOD DISCLOSURES (Details 1) - USD ($)	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2017	Jun. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2017	Dec. 31, 2016
Revenue
Operating Expenses											1,000	1,994
Loss from operations											(1,000)	(1,994)
Other income (expense)
Income (loss) from discontinued operation											(169,326)	45,637
Net Income (Loss)											(170,326)	43,643
Net Income (loss) attributable to noncontrolling interest
Net Income (loss) attributable to Lone Star Gold, Inc											$ (170,326)	$ 43,643
Loss per share - basic and diluted											$ .00	$ .00
Weighted average shares - basic and diluted											147,519,813	147,519,813
Interim Period Disclosures [Member]
Revenue
Operating Expenses	250	250	250	499	499	499	500	997	750	1,496
Loss from operations	(250)	(250)	(250)	(499)	(499)	(499)	(500)	(997)	(750)	(1,496)
Other income (expense)
Income (loss) from discontinued operation
Net Income (Loss)	(250)	(250)	(250)	(499)	(499)	(499)	(500)	(997)	(750)	(1,496)
Net Income (loss) attributable to noncontrolling interest
Net Income (loss) attributable to Lone Star Gold, Inc	$ (250)	$ (250)	$ (250)	$ (499)	$ (499)	$ (499)	$ (500)	$ (997)	$ (750)	$ (1,496)
Loss per share - basic and diluted	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Weighted average shares - basic and diluted	147,519,813	147,519,813	147,519,813	147,519,813	147,519,813	147,519,813	147,519,813	147,519,813	147,519,813	147,519,813

INTERIM PERIOD DISCLOSURES (D17

INTERIM PERIOD DISCLOSURES (Details 2) - USD ($)

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Sep. 30, 2017

Jun. 30, 2017

Mar. 31, 2017

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Jun. 30, 2017

Jun. 30, 2016

Sep. 30, 2017

Sep. 30, 2016

Dec. 31, 2017

Dec. 31, 2016

Operating Activities

Net income (loss)

$ (170,326)

$ 43,643

Non-cash adjustments to reconcile net loss to net cash:

Net loss from discontinued operations

169,326

(45,637)

Accounts payable and accrued liabilities

1,000

1,994

Net Cash Used in Operating Activities

Investing Activities

Net Cash used in Investing Activities

Financing Activities

Proceeds from sale of common stock

Proceeds from issuance of notes payable

Repayments of notes payable

Net Cash Provided by Financing Activities

Net change in cash

Cash - Beginning of Period

Cash - End of Period

Interim Period Disclosures [Member]

Operating Activities

Net income (loss)

$ (250)

(250)

$ (499)

(499)

(500)

(997)

(750)

(1,496)