Verde Media Group Inc., has filed First Quarter Disclosure and Financials with OTC Markets

Verde Media Group, Inc. (OTC: VMGI) has filed the companies first quarter disclosure statement and first quarter unaudited financials for period ending March 31st 2011.

The following documents were filed May 12th, 2011:

First Quarter Disclosure Statement with unaudited financials for period ending March 31st 2011.

The direct link to the filings is- http://www.otcmarkets.com/stock/VMGI/financials

DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions.

VERDE MEDIA GROUP, INC.FINANCIAL STATEMENTS(Unaudited)January 1, 2011 – March 31, 2011

VERDE MEDIA GROUP, INC.

BALANCE SHEET AND CHANGES IN SHAREHOLDERS' DEFICIT

As At March 31, 2011

(Unaudited)

ASSETS

        
        
        
        
        
        
        
        
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          Current Assets
        
        
        
        
        
        
        
        
        
      
      
        
          Cash
        
        
        
        
        
        
          $
        
        
          7,786
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          Equipment, net
        
        
        
        
        
        
        
        
          3,208
        
      
      
        
          Film costs
        
        
        
        
        
        
        
        
          77,500
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Total Assets

88,494

LIABILITIES AND SHAREHOLDERS' DEFICIT

Liabilities

Current Liabilities

        
        
        
        
        
        
        
        
        
      
      
        
          Accrued liabilities
        
        
        
        
        
        
        
        
          227,516
        
      
      
        
          Notes payable, current
        
        
        
        
        
        
           
        
        
          782,723
        
      
      
        
          Total Current Liabilities
        
        
        
        
        
        
        
        
          1,010,239
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          Notes payable
        
        
        
        
        
        
        
        
          169,700
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Total Liabilities

1,179,939

Shareholders' Deficit

Preferred stock, $0.0001 par value;  100,000,000 shares authorized; 100,000,000  and 12,000,000 shares issued and outstanding

        
        
        
        
        
        
        
        
          10,000
        
      
      
        
          

Common stock, $0.0001 par value;  4,000,000,000 and 975,000,000 shares authorized;  4,000,000,000 and 969,789,385 shares issued and outstanding

        
        
        
        
        
        
        
        
          400,000
        
      
      
        
          Additional paid-in capital
        
        
        
        
        
        
        
        
          2,210,444
        
      
      
        
          Accumulated deficit
        
        
        
        
        
        
           
        
        
          (3,711,889)
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Total Shareholders' Deficit

        
        
        
        
        
        
           
        
        
          (1,091,445)
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Total Liabilities & Shareholders' Deficit

        
        
        
        
        
        
          $
        
        
          

88,494

 

VERDE MEDIA GROUP, INC.

STATEMENT OF INCOME

For the Quarter Ended March 31, 2011

(Unaudited)

Sales

        
        
        
        
        
        
          $
        
        
        
        
          -
        
        
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Operating Expenses

        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          Selling, general and administrative
        
        
        
        
        
        
        
        
        
        
          11,488
        
        
        
      
      
        
        
        
        
        
        
        
        
        
           
        
        
           
        
        
           
        
      
      
        
          

Loss From Operations

(11,488

)

        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          Interest expense
        
        
        
        
        
        
        
        
        
        
          (8,426
        
        
          )
        
      
      
        
        
        
        
        
        
        
        
        
           
        
        
           
        
        
           
        
      
      
        
          

Loss Before Income Taxes

(19,914

)

Income Tax Expense

 

-

Net Loss

        
        
        
        
        
        
          $
        
        
           
        
        
          

(19,914

)