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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

    FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2012

                        Commission file number 000-54665


                         LUCKY STRIKE EXPLORATIONS INC.
             (Exact name of registrant as specified in its charter)

                                     Nevada
         (State or other jurisdiction of incorporation or organization)

              4240 W. Flamingo Road, Suite 201, Las Vegas, NV 89103
          (Address of principal executive offices, including zip code)

                                  (702)922-2700
                     (Telephone number, including area code)

                                  Michael Noble
              4240 W. Flamingo Road, Suite 201, Las Vegas, NV 89103
                                  (702)922-2700
                     (Name and Address of Agent for Service)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 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 last 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 (ss.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,"
"non-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 check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). YES [X] NO [ ]

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 5,800,000 shares as of August 13,
2012

ITEM 1. FINANCIAL STATEMENTS The un-audited financial statements for the quarter ended June 30, 2012 immediately follow. 2
LUCKY STRIKE EXPLORATIONS, INC. (An Exploration Stage Company) Balance Sheets (Unaudited) -------------------------------------------------------------------------------- As of As of June 30, December 31, 2012 2012 -------- -------- ASSETS CURRENT ASSETS Cash $ 3,708 $ 17 Deposit 4,400 4,400 -------- -------- TOTAL CURRENT ASSETS 8,108 4,417 -------- -------- $ 8,108 $ 4,417 ======== ======== LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT) CURRENT LIABILITIES Accounts Payable $ -- $ 1,660 Loan Payable - Related Party 28,000 -- -------- -------- TOTAL CURRENT LIABILITIES 28,000 1,660 -------- -------- TOTAL LIABILITIES 28,000 1,660 STOCKHOLDERS' EQUITY (DEFICIT) Common stock, ($0.001 par value, 75,000,000 shares authorized; 5,800,000 shares and shares issued and outstanding as of June 30, 2012 and December 31, 2011) 5,800 5,800 Additional paid-in capital 68,200 68,200 Deficit accumulated during exploration stage (93,892) (71,243) -------- -------- TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (19,892) 2,757 -------- -------- TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT) $ 8,108 $ 4,417 ======== ======== See Accompanying Notes and Accountant's Report 3
LUCKY STRIKE EXPLORATIONS, INC (An Exploration Stage Company) Statements of Operations (Unaudited) -------------------------------------------------------------------------------- December 15, 2006 Three Months Three Months Six Months Six Months (inception) Ended Ended Ended Ended through June 30, June 30, June 30, June 30, June 30, 2012 2011 2012 2011 2012 ---------- ---------- ---------- ---------- ---------- REVENUES Revenues $ -- $ -- $ -- $ -- $ -- ---------- ---------- ---------- ---------- ---------- TOTAL REVENUES -- -- -- -- -- OPERATING COSTS Mineral Property Expenditures -- -- -- -- 16,328 Administrative Expenses 1,170 680 17,649 1,630 35,499 Professional Fees 1,900 1,500 5,000 4,500 42,065 ---------- ---------- ---------- ---------- ---------- TOTAL OPERATING COSTS 3,070 2,180 22,649 6,130 93,892 ---------- ---------- ---------- ---------- ---------- NET INCOME (LOSS) $ (3,070) $ (2,180) $ (22,649) $ (6,130) $ (93,892) ========== ========== ========== ========== ========== BASIC EARNINGS (LOSS) PER SHARE $ (0.00) $ (0.00) $ (0.00) $ (0.00) ========== ========== ========== ========== WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING 5,800,000 5,800,000 5,800,000 5,800,000 ========== ========== ========== ========== See Accompanying Notes and Accountant's Report 4
LUCKY STRIKE EXPLORATIONS, INC. (An Exploration Stage Company) Statements of Cash Flows (Unaudited) -------------------------------------------------------------------------------- December 15, 2006 Six Months Six Months (inception) Ended Ended through June 30, June 30, June 30, 2012 2011 2012 -------- -------- -------- CASH FLOWS FROM OPERATING ACTIVITIES Net income (loss) $(22,649) $ (6,130) $(93,892) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Changes in operating assets and liabilities: (Increase) decrease in Deposit -- 425 (4,400) Increase (Decrease) in Accounts Payable (1,660) (690) -- -------- -------- -------- NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (24,309) (6,395) (98,292) CASH FLOWS FROM INVESTING ACTIVITIES Acquisition of equipment -- -- -- -------- -------- -------- NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES -- -- -- CASH FLOWS FROM FINANCING ACTIVITIES Loan Payable - Related Party 28,000 -- 28,000 Issuance of common stock -- -- 74,000 -------- -------- -------- NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 28,000 -- 102,000 -------- -------- -------- NET INCREASE (DECREASE) IN CASH 3,691 (6,395) 3,708 CASH AT BEGINNING OF PERIOD 17 12,542 -- -------- -------- -------- CASH AT END OF PERIOD $ 3,708 $ 6,147 $ 3,708 ======== ======== ======== SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION Cash paid during year for: Interest $ -- $ -- $ -- ======== ======== ======== Income Taxes $ -- $ -- $ -- ======== ======== ======== See Accompanying Notes and Accountant's Report 5
LUCKY STRIKE EXPLORATIONS INC. (An Exploration Stage Company) Notes to Financial Statements June 30, 2012 -------------------------------------------------------------------------------- NOTE 1. BASIS OF PRESENTATION The accompanying unaudited interim financial statements of Lucky Strike Explorations Inc., 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, and should be read in conjunction with the audited financial statements and notes thereto contained in Lucky Strike's Form 10-K filed with SEC. In the opinion of management, all adjustments, consisting 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. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2011 as reported in the Form 10-K have been omitted. NOTE 2. GOING CONCERN As of June 30, 2012, Lucky Strike has not generated revenues and has accumulated losses since inception. The continuation of Lucky Strike as a going concern is dependent upon the continued financial support from its shareholders, its ability to obtain necessary equity financing to continue operations, and the attainment of profitable operations. These factors raise substantial doubt regarding Lucky Strike's ability to continue as a going concern. NOTE 3. NOTE PAYABLE - RELATED PARTY As of June 30, 2012, $28,000 is owed to Michael Noble and is non interest bearing with no specific repayment terms. 6
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION FORWARD LOOKING STATEMENTS This report contains forward-looking statements that involve risk and uncertainties. We use words such as "anticipate", "believe", "plan", "expect", "future", "intend", and similar expressions to identify such forward-looking statements. Investors should be aware that all forward-looking statements contained within this report are good faith estimates of management as of the date of this report and actual results may differ materially from historical results or our predictions of future results. RESULTS OF OPERATIONS We are still in our exploration stage and have generated no revenues to date. Our net loss from inception (December 15, 2006) through June 30, 2012 was $93,892. We incurred operating expenses of $3,070 for the three months ended June 30, 2012. These expenses consisted of general operating expenses and professional fees incurred in connection with the day to day operation of our business and the preparation and filing of our required reports with the U.S. Securities and Exchange Commission. Operating expenses for the same period ending June 30, 2011 were $2,180. We incurred operating expenses of $22,649 for the six months ended June 30, 2012. These expenses consisted of general operating expenses and professional fees incurred in connection with the day to day operation of our business and the preparation and filing of our required reports with the U.S. Securities and Exchange Commission. Operating expenses for the same six month period ending June 30, 2011 were $6,130. We have sold $74,000 in equity securities since inception, $14,000 from the sale of 2,800,000 shares of stock to our officer and director and $60,000 from the sale of 3,000,000 shares registered pursuant to our SB-2 Registration Statement which became effective on March 12, 2007. The following table provides selected financial data about our company for the quarter ended June 30, 2012. Balance Sheet Data: 6/30/12 ------------------- ------- Cash $ 3,708 Total assets $ 8,108 Total liabilities $ 28,000 Shareholders' equity $(19,892) LIQUIDITY AND CAPITAL RESOURCES Our cash in the bank at June 30, 2012 was $3,708 with $28,000 in outstanding liabilities. Management does not believe our current cash and cash equilvalents of $8,108 are sufficient to fund our operations over the next twelve months. If we experience a shortfall of cash our director has agreed to advance the company funds to continue in a limited operations scenario. PLAN OF OPERATION The consulting geologist was paid $8,500 for Phase 1 of the exploration program on the claims. He completed the field work and provided the company with his recommendations. The first phase of exploration, which included detailed prospecting and soil sampling, identified a minimal number of anomalies. Management decided the results did not warrant further exploration and did not renew the claim. The company is now investigating other properties to secure for exploration or other available business opportunities to better utilize our remaining cash resources. 7
OFF-BALANCE SHEET ARRANGEMENTS We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors. ITEM 4. CONTROLS AND PROCEDURES EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES Under the supervision and with the participation of our management, including our principal executive officer and the principal financial officer, we have conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities and Exchange Act of 1934, as of the end of the period covered by this report. Based on this evaluation, our principal executive officer and principal financial officer concluded as of the evaluation date that our disclosure controls and procedures were effective such that the material information required to be included in our Securities and Exchange Commission reports is accumulated and communicated to our management, including our principal executive and financial officer, recorded, processed, summarized and reported within the time periods specified in SEC rules and forms relating to our company, particularly during the period when this report was being prepared. CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING There have been no changes in our internal control over financial reporting that occurred during the last fiscal quarter ended June 30, 2012 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. ITEM 5. OTHER INFORMATION None. 8
PART II. OTHER INFORMATION ITEM 6. EXHIBITS The following exhibits are included with this quarterly filing: Exhibit No. Description ----------- ----------- 3.1 Articles of Incorporation* 3.2 Bylaws* 31 Sec. 302 Certification of Principal Executive & Financial Officer 32 Sec. 906 Certification of Principal Executive & Financial Officer 101 Interactive data files pursuant to Rule 405 of Regulation S-T ---------- * Document is incorporated by reference and can be found in its entirety in our Registration Statement on Form SB-2, SEC File Number 333-140839, at the Securities and Exchange Commission website at www.sec.gov. SIGNATURES In accordance with the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe it meets all of the requirements for filing Form 10-Q and authorized this report to be signed on its behalf by the undersigned, in the city of Las Vegas, state of Nevada on August 13, 2012. Lucky Strike Explorations Inc. /s/ Michael Noble ---------------------------------------- By: Michael Noble (Principal Executive Officer) In accordance with the requirements of the Securities Act of 1933, this registration statement was signed by the following person in the capacities and date stated. /s/ Michael Noble August 13, 2012 ------------------------------------ --------------- Michael Noble, President & Director Date (Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer) /s/ Christian Jean Prieur August 13, 2012 ------------------------------------ --------------- Christian Jean Prieur, Director Date