SOURCE: Trilliant Exploration Corporation

Trilliant Exploration Corporation - 10-Q

 

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

 

Mark One

[x]

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the period ended June 30, 2011

 

[  ]

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from ______ to _______

 

Commission File No. 333-138332

 

TRILLIANT EXPLORATION CORPORATION

(Name of small business issuer in its charter)

 

 

Nevada

(State or other jurisdiction of incorporation or organization)

20-0936313

(I.R.S. Employer Identification No.)

 

 

545 Eighth Avenue, Suite 401, New York, New York 10019

(Address of principal executive offices)

 

 

(212) 560-5195

(Issuer’s telephone number)

(Previous address if changed from last report)

 

 

 

 

Indicate by check mark whether the registrant (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 reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [x] No [  ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [x] No [  ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer

[  ]

 

Accelerated filer

[  ]

 

 

 

 

 

Non-accelerated filer

[  ]

 

Smaller reporting company

[x]

Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [  ] No [x]

 

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the most practicable date:

 

Class

Outstanding as of June 30, 2011

Common Stock, $0.001

620,774

 

 

 

 

 

 

TRILLIANT EXPLORATION CORPORATION

Form 10-Q

 

 

 

Page

PART I-FINANCIAL INFORMATION

 

 

Item 1. Financial Statements

 

 

Condensed Consolidated Balance Sheets as of June 30, 2011 (Unaudited) and December 31, 2010

 

3

Condensed Consolidated Statements of Operations for the Three and Six months Ended June 30, 2011 and 2010 (Unaudited) (Unaudited)

 

4

Condensed Consolidated Statements of Cash Flows for the Six months Ended June 30, 2011 and 2010 (Unaudited)

 

5-6

Notes to Condensed Consolidated Financial Statements (Unaudited)

 

7-15

Forward Looking Statement

 

18

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

18-20

Item 3. Quantitative and Qualitative Disclosures About Market Risk

 

21

Item 4. Controls and Procedures

 

22

PART II - OTHER INFORMATION

 

 

Item 1.  Legal Proceedings                                                                                                                                                    

 

23

Item 1A. Risk Factors                                                                                                                                                           

 

23

Item 2. Unregistered Sales of Equity Securities                                                                                                                   

 

23

Item 3.  Defaults upon Senior Securities                                                                                                                             

 

23

Item 4.  Removed and Reserved

 

23

 

 

 

Item 5. Other Information

 

23

Item 6. Exhibits

 

23

Signatures

 

23

 

 

PART I

 

ITEM 1. FINANCIAL STATEMENTS

 

 

 

TRILLIANT EXPLORATION CORPORATION

Condensed Consolidated Balance Sheets

 

 

June 30, 

 

December 31,

 

2011

 

2010

 

(unaudited)

 

 

ASSETS

 

 

 

Current Assets

 

 

 

Cash

 $ 

 

 $              11,450

Total Current Assets

                          -  

 

11,450

 

 

 

 

Other Assets