10-Q Filing

AAA CENTURY GROUP USA, INC. CIK: 1409014 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144204-12-028451`
Period End Date	20120331
Filing Date	20120514
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	vynl-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 26 Cash Flow Statement 44 Stockholders Equity 19

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.28K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.95K	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.02K	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.37K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.79K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.32K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$17.82K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$15.60K	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$17.04K	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
Property, plant and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$21.70K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$32.64K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$39.51K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	20.06M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	22.56M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.24K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	22.56M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.49K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	20.06M	shares	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$53.59K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$31.86K	USD	Point-in-time
Accrued interest, related parties	`AccruedInterestRelatedParties`	-	USD	Point-in-time
Accrued interest, related parties	`AccruedInterestRelatedParties`	$14.87K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$3.50K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$28.25K	USD	Point-in-time
Note payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$62.50K	USD	Point-in-time
Note payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$62.50K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$122.10K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$179.70K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$122.10K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$179.70K	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at December 31, 2011 and December 31, 2010, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at December 31, 2011 and December 31, 2010, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized; 22,564,000 and 20,064,000 shares issued and outstanding at December 31, 2011 and December 31, 2010, respectively	`CommonStockValue`	$2.26K	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized; 22,564,000 and 20,064,000 shares issued and outstanding at December 31, 2011 and December 31, 2010, respectively	`CommonStockValue`	$2.26K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$-3.70K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$-3.70K	USD	Point-in-time
Net Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-63.31K	USD	Point-in-time
Net Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.94K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-17.82K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-135.67K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-49.74K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$18.49K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-137.12K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-82.58K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-147.06K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$39.51K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$32.64K	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$14.93K	USD	1 Quarter
Revenue	`SalesRevenueNet`	$7.11K	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.85K	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$4.63K	USD	1 Quarter
Gross profit	`GrossProfit`	$12.08K	USD	1 Quarter
Gross profit	`GrossProfit`	$2.47K	USD	1 Quarter
Marketing expenses	`MarketingExpense`	-	USD	1 Quarter
Marketing expenses	`MarketingExpense`	$6.08K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.01K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$65.79K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$65.79K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$18.09K	USD	1 Quarter
Net operating loss	`OperatingIncomeLoss`	$-63.31K	USD	1 Quarter
Net operating loss	`OperatingIncomeLoss`	$-6.00K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$3.94K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.94K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.85K	USD	Annual
Net loss	`NetIncomeLoss`	$-63.31K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-117.85K	USD	Annual
Basic and dilutive net loss (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and dilutive net loss (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	20.91M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.56M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.91M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.56M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-9.94K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.85K	USD	Annual
Net loss	`NetIncomeLoss`	$-63.31K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-117.85K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.16K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.16K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$30.47K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.79K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.85K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.74K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-590.00	USD	1 Quarter
Accrued interest, related party	`IncreaseDecreaseInAccruedInterestRelatedParty`	-	USD	1 Quarter
Accrued interest, related party	`IncreaseDecreaseInAccruedInterestRelatedParty`	$3.94K	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.51K	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	-	USD	1 Quarter
Due to related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	-	USD	1 Quarter
Due to related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$31.86K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.12K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.76K	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$466.00	USD	1 Quarter
Cash paid pursuant to VFC disposition	`PaymentsForProceedsFromBusinessesAndInterestInAffiliates`	-	USD	1 Quarter
Cash paid pursuant to VFC disposition	`PaymentsForProceedsFromBusinessesAndInterestInAffiliates`	-	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-466.00	USD	1 Quarter
Proceeds from related parties	`ProceedsFromRelatedParties`	$5.09K	USD	1 Quarter
Proceeds from related parties	`ProceedsFromRelatedParties`	-	USD	1 Quarter
Net cash provided by (used in) \financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash provided by (used in) \financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.09K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.68K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.65K	USD	1 Quarter
CASH AND CASH EQUIVALENTS, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.28K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$12.95K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$12.02K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.37K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.28K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.95K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.02K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.37K	USD	Point-in-time
Interest	`InterestPaid`	-	USD	1 Quarter
Interest	`InterestPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-49.74K	USD	Point-in-time
Balance	`StockholdersEquity`	$18.49K	USD	Point-in-time
Balance	`StockholdersEquity`	$-137.12K	USD	Point-in-time
Balance	`StockholdersEquity`	$-82.58K	USD	Point-in-time
Balance	`StockholdersEquity`	$-147.06K	USD	Point-in-time
Contributions from owners	`AdjustmentsAdditionalPaidInCapitalContributionsByOwners`	$32.78K	USD	Annual
Withdrawals by owners	`AdjustmentsAdditionalPaidInWithdrawalsByOwners`	$-10.15K	USD	Annual
Effect from reverse merger	`StockIssuedDuringPeriodValueAcquisitions`	$-75.00K	USD	Annual
Issuance of common stock for services	`StockIssuedDuringPeriodValueShareBasedCompensation`	$30.47K	USD	Annual
Issuance of common stock for services	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-9.94K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-15.85K	USD	Annual
Net loss for the period	`NetIncomeLoss`	$-63.31K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-117.85K	USD	Annual
Balance	`StockholdersEquity`	$-49.74K	USD	Point-in-time
Balance	`StockholdersEquity`	$18.49K	USD	Point-in-time
Balance	`StockholdersEquity`	$-137.12K	USD	Point-in-time
Balance	`StockholdersEquity`	$-82.58K	USD	Point-in-time
Balance	`StockholdersEquity`	$-147.06K	USD	Point-in-time

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