10-Q Filing

KONATEL, INC. CIK: 845819 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001024020-11-000047`
Period End Date	20110630
Filing Date	20110805
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	wspd-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 55 Cash Flow Statement 51

Balance Sheet 49 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, liquidation value	`PreferredStockLiquidationPreference`	$1.00	USD	Point-in-time
Preferred stock, liquidation value	`PreferredStockLiquidationPreference`	$1.00	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$300.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Payable to Shareholders	`DueToRelatedPartiesCurrent`	$58.05K	USD	Point-in-time
Payable to Shareholders	`DueToRelatedPartiesCurrent`	$65.55K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$58.05K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$65.85K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.12M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.12M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.12M	shares	Point-in-time
Total Liabilities	`Liabilities`	$65.85K	USD	Point-in-time
Total Liabilities	`Liabilities`	$58.05K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.12M	shares	Point-in-time
Preferred Stock 50,000,000 shares authorized having a par value of $.01, $1.00 liquidation value; zero issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock 50,000,000 shares authorized having a par value of $.01, $1.00 liquidation value; zero issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Capital Stock 50,000,000 shares authorized having a par value of $.001 per share; 1,115,800 shares issued and outstanding	`CommonStockValue`	$1.12K	USD	Point-in-time
Capital Stock 50,000,000 shares authorized having a par value of $.001 per share; 1,115,800 shares issued and outstanding	`CommonStockValue`	$1.12K	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapitalCommonStock`	$2.82M	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapitalCommonStock`	$2.82M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-2.87M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-2.87M	USD	Point-in-time
Accumulated (deficit) earnings in development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$6.93K	USD	Point-in-time
Accumulated (deficit) earnings in development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$14.73K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-58.05K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-65.85K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time

Income Statement 55 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	3 Qtrs
Revenues	`Revenues`	-	USD	3 Qtrs
Revenues	`Revenues`	-	USD	47 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$7.79K	USD	3 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$5.82K	USD	3 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$1.73K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$2.35K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$71.45K	USD	47 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-5.82K	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-2.35K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-71.45K	USD	47 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-1.73K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-7.79K	USD	3 Qtrs
Other Income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Other Income	`NonoperatingIncomeExpense`	-	USD	3 Qtrs
Other Income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Other Income	`NonoperatingIncomeExpense`	-	USD	3 Qtrs
Other Income	`NonoperatingIncomeExpense`	$56.72K	USD	47 Qtrs
Net (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.35K	USD	1 Quarter
Net (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.73K	USD	1 Quarter
Net (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-7.79K	USD	3 Qtrs
Net (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-14.73K	USD	47 Qtrs
Net (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.82K	USD	3 Qtrs
Current Year Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Current Year Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Current Year Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Current Year Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	47 Qtrs
Current Year Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-1.73K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-5.82K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-14.73K	USD	47 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-2.35K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-7.79K	USD	3 Qtrs
Basic Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	3 Qtrs
Basic Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	47 Qtrs
Basic Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	3 Qtrs
Basic Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.12M	shares	3 Qtrs
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.12M	shares	1 Quarter
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	476,495.00	shares	47 Qtrs
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.12M	shares	3 Qtrs
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.12M	shares	1 Quarter
Diluted Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	3 Qtrs
Diluted Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	3 Qtrs
Diluted Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	47 Qtrs
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.12M	shares	1 Quarter
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.12M	shares	3 Qtrs
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	476,495.00	shares	47 Qtrs
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.12M	shares	3 Qtrs
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.12M	shares	1 Quarter

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-1.73K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-5.82K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-14.73K	USD	47 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-2.35K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-7.79K	USD	3 Qtrs
Stock Issued for Expenses	`StockIssuedForExpenses`	-	USD	3 Qtrs
Stock Issued for Expenses	`StockIssuedForExpenses`	$600.00	USD	47 Qtrs
Stock Issued for Expenses	`StockIssuedForExpenses`	-	USD	3 Qtrs
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$300.00	USD	47 Qtrs
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	-	USD	3 Qtrs
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$300.00	USD	3 Qtrs
Increase (decrease) in shareholder loans	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$7.50K	USD	3 Qtrs
Increase (decrease) in shareholder loans	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$65.55K	USD	47 Qtrs
Increase (decrease) in shareholder loans	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$5.82K	USD	3 Qtrs
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	3 Qtrs
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-56.72K	USD	47 Qtrs
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	3 Qtrs
Net Cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	3 Qtrs
Net Cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.00K	USD	47 Qtrs
Net Cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.00K	USD	47 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Principal payments on loans	`PaymentsForLoans`	-	USD	3 Qtrs
Principal payments on loans	`PaymentsForLoans`	-	USD	3 Qtrs
Principal payments on loans	`PaymentsForLoans`	$10.00K	USD	47 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$5.00K	USD	47 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Net Increase/(Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	3 Qtrs
Net Increase/(Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	3 Qtrs
Net Increase/(Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	47 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash paid during the year for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid during the year for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid during the year for interest	`InterestPaid`	-	USD	47 Qtrs
Cash paid during the year for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid during the year for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid during the year for income taxes	`IncomeTaxesPaid`	-	USD	47 Qtrs
Stock issued in exchange for accrued liability/expense	`StockIssuedForExpenses`	-	USD	3 Qtrs
Stock issued in exchange for accrued liability/expense	`StockIssuedForExpenses`	$600.00	USD	47 Qtrs
Stock issued in exchange for accrued liability/expense	`StockIssuedForExpenses`	-	USD	3 Qtrs

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