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SENY > SEC Filings for SENY > Form 10-K/A on 23-Aug-2013All Recent SEC Filings

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Form 10-K/A for SAUER ENERGY, INC.


23-Aug-2013

Annual Report


ITEM 7. MANAGEMENT'S DISCUSSION and ANALYSIS of FINANCIAL CONDITIONS and
REULTS OF OPERATION.

Overview

We caution you that reliance on any forward-looking statement involves risks and uncertainties, and that although we believe the assumptions on which our forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and as a result, the forward-looking statements based on those assumptions could be incorrect. In light of these and other uncertainties, you should not conclude that we will necessarily achieve any plans and objectives or projected financial results referred to in any of the forward-looking statements. We do not undertake to release the results of any revisions of these forward-looking statements to reflect future events or circumstances. Some of the factors that may cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements include the following:

RESULTS OF OPERATIONS

We did not have material operations prior to the prior year so any year to year comparison is not meaningful.

Fiscal Year 2012 vs. Fiscal Year 2011

Operations

We have not realized any revenue through August 31, 2012. Our operating expenses increased from $1,366,199 in FY 2011 to $722,893 in cash and consulting fees of $986,490 in stock for FY 2012 primarily as a result of fees related to expenses in connection with the Helix Wind asset purchase, equipment purchases for manufacturing and professional fees. These increases in expenses, which reflect our higher level of operations in FY 2012, resulted in our net loss increasing from $1,366,199 in FY 2011 to $722,893 in cash and consulting fees of $986,490 in stock for FY 2012. We anticipate continued increased costs associated with increased levels of operation and our manufacturing and marketing processes which will begin in the current fiscal year.

LIQUIDITY AND CAPITAL RESOURCES

Net cash flows used in operating activities for the fiscal year ended August 31, 2012 was $709,089 which was offset by net proceeds of $722,893 from the sale of our stock. We had $46,955 cash on hand at the end of the year ended August 31, 2012. This is not sufficient to fund our operations and we intend to rely on the sale of stock in private placements to increase liquidity. If we are unable to raise cash through the sale of our stock, we may be required to severely restrict our operations. Management is actively exploring several investment opportunities, but no assurance is given that it will be successful in these efforts.

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.

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