10-K Filing

KONATEL, INC. CIK: 845819 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001024020-11-000063`
Period End Date	20110930
Filing Date	20111013
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	wspd-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 43 Cash Flow Statement 57 Stockholders Equity 46

Balance Sheet 59 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
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	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
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
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Preferred stock, liquidation value (in dollars per share)	`PreferredStockLiquidationPreference`	$1.00	USD	Point-in-time
Preferred stock, liquidation value (in dollars per share)	`PreferredStockLiquidationPreference`	$1.00	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$625.00	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
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Payable to Shareholders	`DueToRelatedPartiesCurrent`	$67.61K	USD	Point-in-time
Payable to Shareholders	`DueToRelatedPartiesCurrent`	$58.05K	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
Common stock, shares issued	`CommonStockSharesIssued`	1.12M	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$68.24K	USD	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
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.12M	shares	Point-in-time
Total Liabilities	`Liabilities`	$68.24K	USD	Point-in-time
Total Liabilities	`Liabilities`	$58.05K	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
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
Common 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
Common 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`	$17.12K	USD	Point-in-time
Accumulated (deficit) earnings in development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$6.93K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-58.62K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-68.24K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-52.71K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-22.00K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-61.01K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-50.99K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-35.79K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-10.61K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-63.18K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-66.72K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-58.05K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-55.89K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-44.23K	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 43 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	48 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$73.84K	USD	48 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$7.07K	USD	Annual
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$10.18K	USD	Annual
Operating Income (Loss)	`OperatingIncomeLoss`	$-73.84K	USD	48 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-7.07K	USD	Annual
Operating Income (Loss)	`OperatingIncomeLoss`	$-10.18K	USD	Annual
Other Income	`NonoperatingIncomeExpense`	-	USD	Annual
Other Income	`NonoperatingIncomeExpense`	$56.72K	USD	48 Qtrs
Other Income	`NonoperatingIncomeExpense`	-	USD	Annual
Net (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-7.07K	USD	Annual
Net (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-17.12K	USD	48 Qtrs
Net (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-10.18K	USD	Annual
Current Year Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	48 Qtrs
Current Year Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Current Year Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-14.40K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-2.17K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-6.76K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-992.00	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-10.18K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-2.73K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$52.56K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-7.07K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-17.12K	USD	48 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-11.39K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-8.43K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-2.38K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-3.18K	USD	Annual
Basic Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	Annual
Basic Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	Annual
Basic Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	48 Qtrs
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	489,917.00	shares	48 Qtrs
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.12M	shares	Annual
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.12M	shares	Annual
Diluted Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	48 Qtrs
Diluted Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	Annual
Diluted Earnings (Loss) per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	Annual
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	489,917.00	shares	48 Qtrs
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.12M	shares	Annual
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.12M	shares	Annual

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-14.40K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-2.17K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-6.76K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-992.00	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-10.18K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-2.73K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$52.56K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-7.07K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-17.12K	USD	48 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-11.39K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-8.43K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-2.38K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-3.18K	USD	Annual
Stock Issued for Expenses	`StockIssuedForExpenses`	-	USD	Annual
Stock Issued for Expenses	`StockIssuedForExpenses`	$600.00	USD	48 Qtrs
Stock Issued for Expenses	`StockIssuedForExpenses`	-	USD	Annual
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	-	USD	Annual
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$625.00	USD	Annual
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$625.00	USD	48 Qtrs
Increase (decrease) in shareholder loans	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$7.07K	USD	Annual
Increase (decrease) in shareholder loans	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$67.61K	USD	48 Qtrs
Increase (decrease) in shareholder loans	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$9.56K	USD	Annual
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	Annual
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-56.72K	USD	48 Qtrs
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	Annual
Net Cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.00K	USD	48 Qtrs
Net Cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net Cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.00K	USD	48 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Principal payments on loans	`PaymentsForLoans`	-	USD	Annual
Principal payments on loans	`PaymentsForLoans`	$10.00K	USD	48 Qtrs
Principal payments on loans	`PaymentsForLoans`	-	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$5.00K	USD	48 Qtrs
Net Increase/(Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Net Increase/(Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	48 Qtrs
Net Increase/(Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
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
Cash paid during the year for interest	`InterestPaid`	-	USD	Annual
Cash paid during the year for interest	`InterestPaid`	-	USD	Annual
Cash paid during the year for interest	`InterestPaid`	-	USD	48 Qtrs
Cash paid during the year for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaid`	-	USD	48 Qtrs
Stock issued in exchange for accrued liability/expense	`StockIssuedForExpenses`	-	USD	Annual
Stock issued in exchange for accrued liability/expense	`StockIssuedForExpenses`	$600.00	USD	48 Qtrs
Stock issued in exchange for accrued liability/expense	`StockIssuedForExpenses`	-	USD	Annual

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Par value of common stock issued (in dollars per share)	`ParValueOfCommonStockIssued`	$0.00	USD	Annual
Balance	`StockholdersEquity`	$-58.62K	USD	Point-in-time
Balance	`StockholdersEquity`	$-68.24K	USD	Point-in-time
Balance	`StockholdersEquity`	$-52.71K	USD	Point-in-time
Balance	`StockholdersEquity`	$-22.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-61.01K	USD	Point-in-time
Balance	`StockholdersEquity`	$-50.99K	USD	Point-in-time
Balance	`StockholdersEquity`	$-35.79K	USD	Point-in-time
Balance	`StockholdersEquity`	$-10.61K	USD	Point-in-time
Balance	`StockholdersEquity`	$-63.18K	USD	Point-in-time
Balance	`StockholdersEquity`	$-66.72K	USD	Point-in-time
Balance	`StockholdersEquity`	$-58.05K	USD	Point-in-time
Balance	`StockholdersEquity`	$-55.89K	USD	Point-in-time
Balance	`StockholdersEquity`	$-44.23K	USD	Point-in-time
Effect of reverse split 1 for 250,000	`StockIssuedDuringPeriodValueReverseStockSplits`	-	USD	Annual
Effect of stock dividend accounted for as split 200 for 1	`StockIssuedDuringPeriodValueStockDividend`	-	USD	Annual
Issued common stock for cash at par, $.001, March 11, 2000	`StockIssuedDuringPeriodValueNewIssues`	$15.00K	USD	Annual
Preferred Stock Converted into Common Stock on 1 for 1 basis (adjusted to post split / dividend amounts)	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Cancellation of Preferred Shares	`CancellationOfPreferredStockValue`	-	USD	Annual
Common Shares issued for services	`StockIssuedDuringPeriodValueShareBasedCompensation`	$600.00	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-14.40K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-2.17K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-6.76K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-992.00	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-10.18K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-2.73K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$52.56K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-7.07K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-17.12K	USD	48 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-11.39K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-8.43K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-2.38K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-3.18K	USD	Annual
Balance	`StockholdersEquity`	$-58.62K	USD	Point-in-time
Balance	`StockholdersEquity`	$-68.24K	USD	Point-in-time
Balance	`StockholdersEquity`	$-52.71K	USD	Point-in-time
Balance	`StockholdersEquity`	$-22.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-61.01K	USD	Point-in-time
Balance	`StockholdersEquity`	$-50.99K	USD	Point-in-time
Balance	`StockholdersEquity`	$-35.79K	USD	Point-in-time
Balance	`StockholdersEquity`	$-10.61K	USD	Point-in-time
Balance	`StockholdersEquity`	$-63.18K	USD	Point-in-time
Balance	`StockholdersEquity`	$-66.72K	USD	Point-in-time
Balance	`StockholdersEquity`	$-58.05K	USD	Point-in-time
Balance	`StockholdersEquity`	$-55.89K	USD	Point-in-time
Balance	`StockholdersEquity`	$-44.23K	USD	Point-in-time

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