10-K Filing

VAPOR GROUP, INC. CIK: 1315718 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001165527-12-000284`
Period End Date	20111231
Filing Date	20120409
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	spli-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 24 Cash Flow Statement 43

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, par or stated value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, par or stated value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$4.12K	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$7.08K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$-13.73K	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$2.58K	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$19.03K	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$45.10K	USD	Point-in-time
Inventory	`InventoryNet`	-	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Advances receivable - related party	`DueFromRelatedPartiesCurrent`	$20.14K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Advances receivable - related party	`DueFromRelatedPartiesCurrent`	$24.92K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.65K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.43K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	262.04M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$92.04K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	153.25M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$36.02K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	262.04M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$7.00K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	153.25M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$5.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$43.02K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$97.04K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$39.58K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$11.14K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$76.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$51.00K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$115.58K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$62.14K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$62.14K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$115.58K	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, 0.001 par value, 500,000,000 shares authorized, 262,037,165 and 153,250,000 issued and outstanding at December 31, 2011 and 2010, respectively	`CommonStockValue`	$153.25K	USD	Point-in-time
Common stock, 0.001 par value, 500,000,000 shares authorized, 262,037,165 and 153,250,000 issued and outstanding at December 31, 2011 and 2010, respectively	`CommonStockValue`	$262.04K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$989.90K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.04M	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-1.21M	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-1.21M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$778.00	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-61.80K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-18.54K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-19.12K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$43.02K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$97.04K	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$551.43K	USD	Annual
Sales	`Revenues`	$209.43K	USD	Annual
Cost of Sales	`CostOfRevenue`	$384.00K	USD	Annual
Cost of Sales	`CostOfRevenue`	$116.82K	USD	Annual
Gross Profit	`GrossProfit`	$167.43K	USD	Annual
Gross Profit	`GrossProfit`	$92.61K	USD	Annual
Selling and marketing expenses	`SellingAndMarketingExpense`	$4.02K	USD	Annual
Selling and marketing expenses	`SellingAndMarketingExpense`	$11.37K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$140.36K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$111.10K	USD	Annual
Total operating expenses	`OperatingExpenses`	$115.12K	USD	Annual
Total operating expenses	`OperatingExpenses`	$151.73K	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$52.31K	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$-59.12K	USD	Annual
Interest expense	`InterestExpense`	$-3.47K	USD	Annual
Interest expense	`InterestExpense`	$-18.61K	USD	Annual
Total other expense	`TotalOtherIncome`	$-3.47K	USD	Annual
Total other expense	`TotalOtherIncome`	$-18.61K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$33.70K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-62.58K	USD	Annual
Net Income (Loss) per share - Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Net Income (Loss) per share - Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Weighted Average Shares Outstanding - Basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	153.25M	shares	Annual
Weighted Average Shares Outstanding - Basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	174.43M	shares	Annual

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$33.70K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-62.58K	USD	Annual
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$10.00K	USD	Annual
Common stock issued for notes payable conversion	`CommonStockIssuedFOrNotesPayableConversion`	$31.00K	USD	Annual
Interest paid by shareholder	`InterestPaidByShareholder`	$167.00	USD	Annual
Depreciation	`Depreciation`	$2.00K	USD	Annual
Depreciation	`Depreciation`	$2.00K	USD	Annual
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-16.45K	USD	Annual
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.58K	USD	Annual
Increase in inventory	`IncreaseDecreaseInInventories`	$-45.10K	USD	Annual
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.22K	USD	Annual
Increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$2.25K	USD	Annual
Increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$28.01K	USD	Annual
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$1.55K	USD	Annual
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$329.00	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.91K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-54.84K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Member distributions	`PaymentsOfDistributionsToAffiliates`	$-16.18K	USD	Annual
Member distributions	`PaymentsOfDistributionsToAffiliates`	-	USD	Annual
Contribution by member	`ProceedsFromContributedCapital`	$100.00	USD	Annual
Officer advance receivable decrease	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$80.00	USD	Annual
Officer advance receivable decrease	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$4.78K	USD	Annual
Notes payable converted to common stock	`NotesPayableConvertedToCommonStock`	$-31.00K	USD	Annual
Proceeds from stock sales	`ProceedsFromIssuanceOfCommonStock`	$22.00K	USD	Annual
Proceeds from loans payable	`ProceedsFromNotesPayable`	$56.00K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.10K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$51.88K	USD	Annual
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.96K	USD	Annual
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.81K	USD	Annual
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.12K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.08K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$-13.73K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.12K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.08K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$-13.73K	USD	Point-in-time
Interest paid	`InterestPaid`	$1.50K	USD	Annual
Interest paid	`InterestPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Non-cash investing and financing activities	`NoncashInvestingAndFinancingActivities`	-	USD	Annual
Non-cash investing and financing activities	`NoncashInvestingAndFinancingActivities`	-	USD	Annual

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