10-Q Filing

AQUENTIUM INC CIK: 918997 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001023175-11-000470`
Period End Date	20110630
Filing Date	20110815
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	aqnm-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 42 Cash Flow Statement 64

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Preferred shares, par value per share	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred shares, par value per share	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred shares, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred shares, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.48K	USD	Point-in-time
Preferred shares, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred shares, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred shares, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred shares, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.48K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total assets	`Assets`	$2.48K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.46M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.46M	shares	Point-in-time
Bank overdraft	`BankOverdrafts`	$127.00	USD	Point-in-time
Bank overdraft	`BankOverdrafts`	$127.00	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.46M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.46M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.76K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$35.64K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$36.49K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$45.52K	USD	Point-in-time
Accrued expense- litigation	`LitigationReserveCurrent`	$177.25K	USD	Point-in-time
Accrued expense- litigation	`LitigationReserveCurrent`	$177.25K	USD	Point-in-time
Advances-related party	`DueToRelatedPartiesCurrent`	$185.97K	USD	Point-in-time
Advances-related party	`DueToRelatedPartiesCurrent`	$176.77K	USD	Point-in-time
Accrued rent-related party	`AccruedRentCurrent`	$100.80K	USD	Point-in-time
Accrued rent-related party	`AccruedRentCurrent`	$57.60K	USD	Point-in-time
Salaries payable- related party	`DueToOfficersOrStockholdersCurrent`	$1.24M	USD	Point-in-time
Salaries payable- related party	`DueToOfficersOrStockholdersCurrent`	$1.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.96M	USD	Point-in-time
Preferred shares, par value $0.00001 10,000,000 authorized; none issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, par value $0.005 authorized 100,000,000 shares, issued and outstanding 46,457,403 as June 30, 2011 and 46,457,403 as of September 30, 2010	`CommonStockValueOutstanding`	$232.29K	USD	Point-in-time
Common stock, par value $0.005 authorized 100,000,000 shares, issued and outstanding 46,457,403 as June 30, 2011 and 46,457,403 as of September 30, 2010	`CommonStockValueOutstanding`	$232.29K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$952.47K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$952.47K	USD	Point-in-time
Accumulated deficit during development stage	`RetainedEarningsAccumulatedDeficit`	$-3.14M	USD	Point-in-time
Accumulated deficit during development stage	`RetainedEarningsAccumulatedDeficit`	$-2.90M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.96M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.71M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$2.48K	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$5.00K	USD	3 Qtrs
Income	`Revenues`	$5.00K	USD	41 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$241.79K	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$77.92K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.74M	USD	41 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$284.40K	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$117.87K	USD	1 Quarter
Impairment loss	`OtherAssetImpairmentCharges`	$15.00K	USD	41 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$3.97K	USD	41 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-77.92K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-117.87K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-236.79K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-4.75M	USD	41 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-284.40K	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$1.88K	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$1.88K	USD	41 Qtrs
Gain on sale of investment/business	`GainLossOnSaleOfInvestments`	$370.00K	USD	41 Qtrs
Rental income	`RentalIncomeNonoperating`	$1.47M	USD	41 Qtrs
Expense- litigation settlement	`GainLossRelatedToLitigationSettlement`	$-177.25K	USD	41 Qtrs
Interest expense	`InterestExpense`	$3.01K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.19K	USD	1 Quarter
Interest expense	`InterestExpense`	$9.39K	USD	3 Qtrs
Interest expense	`InterestExpense`	$56.30K	USD	41 Qtrs
Interest expense	`InterestExpense`	$9.03K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-7.51K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$1.61M	USD	41 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.19K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-9.03K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.01K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-245.82K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-80.93K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-121.06K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.14M	USD	41 Qtrs
Net loss	`NetIncomeLoss`	$-291.91K	USD	3 Qtrs
Loss per common share - Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Loss per common share - Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Loss per common share - Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Loss per common share - Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	46.46B	shares	3 Qtrs
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.53B	shares	3 Qtrs
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.97B	shares	1 Quarter
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	46.46B	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-245.82K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-80.93K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-121.06K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.14M	USD	41 Qtrs
Net loss	`NetIncomeLoss`	$-291.91K	USD	3 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$3.97K	USD	41 Qtrs
Stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$715.75K	USD	41 Qtrs
Stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$45.00K	USD	3 Qtrs
Stock for joint venture	`StockForJointVenture`	$6.00K	USD	41 Qtrs
Gain on exchange of stock	`GainLossOnSaleOfInvestments`	$370.00K	USD	41 Qtrs
Disposition of subsidiary	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-18.46K	USD	41 Qtrs
Stock option compensation	`ShareBasedCompensation`	$100.00K	USD	41 Qtrs
Impairment expenses	`AssetImpairmentCharges`	$18.64K	USD	41 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	3 Qtrs
Accrued rent	`IncreaseDecreaseInAccruedRent`	$100.80K	USD	41 Qtrs
Accrued rent	`IncreaseDecreaseInAccruedRent`	$43.20K	USD	3 Qtrs
Accrued rent	`IncreaseDecreaseInAccruedRent`	$43.20K	USD	3 Qtrs
Accrued expense-litigation payable	`IncreaseDecreaseInAccruedLiabilities`	$177.25K	USD	41 Qtrs
Shares issued for debt settlement	`StockIssuedForDebtSettlementShares`	5.29M	shares	41 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.84K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$35.63K	USD	41 Qtrs
Shares issued for interest	`StockIssuedForInterestShares`	467,631.00	shares	41 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.87K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$9.03K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$9.03K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$57.44K	USD	41 Qtrs
Salaries payable-related party	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$180.00K	USD	3 Qtrs
Salaries payable-related party	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$1.83M	USD	41 Qtrs
Salaries payable-related party	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$180.00K	USD	3 Qtrs
Shares issued for licensing agreement	`StockIssuedForLicensingAgreementShares`	100,000.00	shares	41 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.84K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-446.72K	USD	41 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.72K	USD	3 Qtrs
Shares issued for acquisition	`StockIssuedDuringPeriodSharesAcquisitions`	1.15M	shares	41 Qtrs
Shares issued for salaries	`StockIssuedForSalariesShares`	3.00M	shares	41 Qtrs
Shares issued for patent pending	`StockIssuedForPatentPendingShares`	4,000.00	shares	41 Qtrs
Investment in joint venture	`PaymentsToAcquireInterestInJointVenture`	$15.00K	USD	41 Qtrs
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.97K	USD	41 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.97K	USD	41 Qtrs
Bank overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$127.00	USD	41 Qtrs
Bank overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$127.00	USD	3 Qtrs
Note payable-related party	`ProceedsFromNotesPayable`	$134.96K	USD	41 Qtrs
Advances - related party	`ProceedsFromRelatedPartyDebt`	$323.59K	USD	41 Qtrs
Advances - related party	`ProceedsFromRelatedPartyDebt`	$9.71K	USD	3 Qtrs
Advances - related party	`ProceedsFromRelatedPartyDebt`	$9.20K	USD	3 Qtrs
Capital contribution - founder	`ProceedsFromContributedCapital`	$500.00	USD	41 Qtrs
Capital contribution - office space	`ProceedsFromOtherEquity`	$9.00K	USD	41 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.20K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.84K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$468.18K	USD	41 Qtrs
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.48K	USD	41 Qtrs
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.48K	USD	3 Qtrs
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.48K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.48K	USD	Point-in-time
Stock for debt settlement 5,292,549 shares issued at $0.0255 and $0.02 per share respectively	`StockIssuedForDebtSettlement`	$135.00K	USD	41 Qtrs
Stock for interest 467,631 shares issued at $0.0255 per share	`PaidInKindInterest`	$11.93K	USD	41 Qtrs
Stock for officer salaries payable 7,039,820 and 3,000,000 shares respectively shares issued $0.0255 and $0.02 per share, respectively	`StockIssuedForOfficerSalariesPayable`	$239.51K	USD	41 Qtrs
Stock for licensing agreement 100,000 shares issued at $0.06 per share	`StockIssuedForLicensingAgreement`	$6.00K	USD	41 Qtrs
Stock for acquisitions 1,150,000 shares issued at $0.02 per share	`StockIssuedDuringPeriodValueAcquisitions`	$23.00K	USD	41 Qtrs
Stock issue for salary 3,000,000 shares issued at $0.02 per share	`StockIssuedForSalary`	$60.00K	USD	41 Qtrs
Stock for patent pending 4,000 shares issued at 1.00 per share	`StockIssuedForPatentPending`	$4.00K	USD	41 Qtrs
Reduction of liability to a related party by an exchange in investment	`NotesReduction`	$375.00K	USD	41 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.