10-Q/A Filing

REDFIN NETWORK, INC. CIK: 1100394 Q2 2012

Filing Information

Form Type	10-Q/A
Accession Number	`0001199835-12-000523`
Period End Date	20120630
Filing Date	20120813
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	rfnn-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 64 Cash Flow Statement 70

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, Net	`AccountsReceivableNetCurrent`	$128.32K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, Net	`AccountsReceivableNetCurrent`	$97.37K	USD	Point-in-time
Employee Advances	`EmployeeAdvances`	$16.32K	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Employee Advances	`EmployeeAdvances`	$8.09K	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Note Receivable	`NotesReceivableNet`	-	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Note Receivable	`NotesReceivableNet`	$50.00K	USD	Point-in-time
Inventory	`InventoryNet`	$91.86K	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$114.73K	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$4.48K	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$4.48K	USD	Point-in-time
Common Stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$263.86K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$251.80K	USD	Point-in-time
FURNITURE AND EQUIPMENT (NET)	`PropertyPlantAndEquipmentNet`	$14.10K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	82.51M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	82.51M	shares	Point-in-time
FURNITURE AND EQUIPMENT (NET)	`PropertyPlantAndEquipmentNet`	$18.16K	USD	Point-in-time
Refundable Deposits	`DepositsAssetsNoncurrent`	$16.72K	USD	Point-in-time
Refundable Deposits	`DepositsAssetsNoncurrent`	$49.33K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	82.51M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	82.51M	shares	Point-in-time
Intangible, Net	`IntangibleAssetsNetExcludingGoodwill`	$13.82K	USD	Point-in-time
Intangible, Net	`IntangibleAssetsNetExcludingGoodwill`	$12.78K	USD	Point-in-time
Total Other Assets	`OtherAssetsNoncurrent`	$30.54K	USD	Point-in-time
Total Other Assets	`OtherAssetsNoncurrent`	$62.10K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$296.44K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$344.12K	USD	Point-in-time
Cash Overdraft	`BankOverdrafts`	$11.41K	USD	Point-in-time
Cash Overdraft	`BankOverdrafts`	$62.42K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$327.31K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$282.03K	USD	Point-in-time
Deposits Payable	`DepositLiabilityCurrent`	$39.40K	USD	Point-in-time
Deposits Payable	`DepositLiabilityCurrent`	$27.87K	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$62.61K	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$51.63K	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$51.63K	USD	Point-in-time
Notes Payable	`NotesPayableCurrent`	$144.49K	USD	Point-in-time
Notes Payable	`NotesPayableCurrent`	$341.10K	USD	Point-in-time
Lines of Credit	`LineOfCredit`	$1.39M	USD	Point-in-time
Lines of Credit	`LineOfCredit`	$1.38M	USD	Point-in-time
Convertible Notes	`ConvertibleNotesPayable`	$150.50K	USD	Point-in-time
Convertible Notes	`ConvertibleNotesPayable`	$155.50K	USD	Point-in-time
Derivative and Liquidating Liabilities	`DerivativeLiabilitiesCurrent`	$349.86K	USD	Point-in-time
Derivative and Liquidating Liabilities	`DerivativeLiabilitiesCurrent`	$349.76K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.62M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.50M	USD	Point-in-time
Notes Payable	`LongTermNotesPayable`	$52.00K	USD	Point-in-time
Notes Payable	`LongTermNotesPayable`	$40.00K	USD	Point-in-time
Total Long Term Liabilites	`LiabilitiesNoncurrent`	$52.00K	USD	Point-in-time
Total Long Term Liabilites	`LiabilitiesNoncurrent`	$40.00K	USD	Point-in-time
Preferred Stock authorized is 20,000,000 shares at $0.001 par value. None issued and outstanding.	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock authorized is 20,000,000 shares at $0.001 par value. None issued and outstanding.	`PreferredStockValue`	-	USD	Point-in-time
Common Stock authorized is 250,000,000 shares at $0.001 par value. Issued and outstanding on June 30, 2012 is 87,415,428 and December 31, 2011 is 82,512,796 shares.	`CommonStockValue`	$82.51K	USD	Point-in-time
Common Stock authorized is 250,000,000 shares at $0.001 par value. Issued and outstanding on June 30, 2012 is 87,415,428 and December 31, 2011 is 82,512,796 shares.	`CommonStockValue`	$87.42K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapitalCommonStock`	$5.69M	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapitalCommonStock`	$5.86M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-7.98M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-8.32M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-2.37M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-2.21M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$296.44K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$344.12K	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueGoodsNet`	$960.66K	USD	1 Quarter
Sales	`SalesRevenueGoodsNet`	$1.59M	USD	2 Qtrs
Sales	`SalesRevenueGoodsNet`	$677.13K	USD	1 Quarter
Sales	`SalesRevenueGoodsNet`	$1.44M	USD	2 Qtrs
Cost of Goods Sold	`CostOfGoodsSold`	$558.95K	USD	1 Quarter
Cost of Goods Sold	`CostOfGoodsSold`	$960.43K	USD	2 Qtrs
Cost of Goods Sold	`CostOfGoodsSold`	$388.93K	USD	1 Quarter
Cost of Goods Sold	`CostOfGoodsSold`	$895.38K	USD	2 Qtrs
Total Gross Income	`GrossProfit`	$401.71K	USD	1 Quarter
Total Gross Income	`GrossProfit`	$626.90K	USD	2 Qtrs
Total Gross Income	`GrossProfit`	$542.45K	USD	2 Qtrs
Total Gross Income	`GrossProfit`	$288.20K	USD	1 Quarter
Administrative Expenses	`GeneralAndAdministrativeExpense`	$702.32K	USD	2 Qtrs
Administrative Expenses	`GeneralAndAdministrativeExpense`	$447.13K	USD	1 Quarter
Administrative Expenses	`GeneralAndAdministrativeExpense`	$342.38K	USD	1 Quarter
Administrative Expenses	`GeneralAndAdministrativeExpense`	$731.21K	USD	2 Qtrs
Professional and Consulting	`ProfessionalFees`	$89.01K	USD	2 Qtrs
Professional and Consulting	`ProfessionalFees`	$83.98K	USD	2 Qtrs
Professional and Consulting	`ProfessionalFees`	$45.59K	USD	1 Quarter
Professional and Consulting	`ProfessionalFees`	$15.15K	USD	1 Quarter
Depreciation and Amortization	`DepreciationAndAmortization`	$10.18K	USD	1 Quarter
Depreciation and Amortization	`DepreciationAndAmortization`	$4.36K	USD	1 Quarter
Depreciation and Amortization	`DepreciationAndAmortization`	$8.71K	USD	2 Qtrs
Depreciation and Amortization	`DepreciationAndAmortization`	$20.35K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$361.88K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$502.89K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$840.57K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$795.02K	USD	2 Qtrs
Net Loss from operations before other income (expense)	`OperatingIncomeLoss`	$-101.19K	USD	1 Quarter
Net Loss from operations before other income (expense)	`OperatingIncomeLoss`	$-252.57K	USD	2 Qtrs
Net Loss from operations before other income (expense)	`OperatingIncomeLoss`	$-73.67K	USD	1 Quarter
Net Loss from operations before other income (expense)	`OperatingIncomeLoss`	$-213.67K	USD	2 Qtrs
Interest Income (Expense)	`InterestIncomeExpenseNet`	$-84.91K	USD	2 Qtrs
Interest Income (Expense)	`InterestIncomeExpenseNet`	$-61.50K	USD	1 Quarter
Interest Income (Expense)	`InterestIncomeExpenseNet`	$-117.22K	USD	2 Qtrs
Interest Income (Expense)	`InterestIncomeExpenseNet`	$-44.70K	USD	1 Quarter
Other Income (Expense)	`OtherIncomeExpense`	$33.41K	USD	1 Quarter
Other Income (Expense)	`OtherIncomeExpense`	$33.41K	USD	2 Qtrs
Other Income (Expense)	`OtherIncomeExpense`	-	USD	1 Quarter
Other Income (Expense)	`OtherIncomeExpense`	$16.00	USD	2 Qtrs
Derivative and Liquidating Income (Expense)	`DerivativeAndLiquidatingExpenses`	$-59.61K	USD	1 Quarter
Derivative and Liquidating Income (Expense)	`DerivativeAndLiquidatingExpenses`	$-106.00	USD	2 Qtrs
Derivative and Liquidating Income (Expense)	`DerivativeAndLiquidatingExpenses`	$71.03K	USD	2 Qtrs
Derivative and Liquidating Income (Expense)	`DerivativeAndLiquidatingExpenses`	$-38.64K	USD	1 Quarter
Net loss before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-63.13K	USD	1 Quarter
Net loss before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-369.60K	USD	2 Qtrs
Net loss before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-86.28K	USD	1 Quarter
Net loss before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-336.28K	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-336.28K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-86.28K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-369.60K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-63.13K	USD	1 Quarter
Net Loss per Common Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Net Loss per Common Share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net Loss per Common Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net Loss per Common Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
basic and diluted	`WeightedAverageNumberOfSharesCommonSharesOutstandingBasicDiluted`	85.92M	shares	1 Quarter
basic and diluted	`WeightedAverageNumberOfSharesCommonSharesOutstandingBasicDiluted`	69.73M	shares	1 Quarter
basic and diluted	`WeightedAverageNumberOfSharesCommonSharesOutstandingBasicDiluted`	84.96M	shares	2 Qtrs
basic and diluted	`WeightedAverageNumberOfSharesCommonSharesOutstandingBasicDiluted`	69.58M	shares	2 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-336.28K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-86.28K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-369.60K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-63.13K	USD	1 Quarter
Derivative and Liquidating Expenses	`ChangesinDerivativeandLiquidatingExpenses`	$-106.00	USD	2 Qtrs
Derivative and Liquidating Expenses	`ChangesinDerivativeandLiquidatingExpenses`	$71.03K	USD	2 Qtrs
Depreciation	`Depreciation`	$838.00	USD	2 Qtrs
Depreciation	`Depreciation`	$6.01K	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$19.51K	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$21.17K	USD	2 Qtrs
Equity Issued for Sevices and Interest	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$79.20K	USD	2 Qtrs
Equity Issued for Sevices and Interest	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$6.00K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$22.88K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-66.06K	USD	2 Qtrs
Employee Advances	`IncreaseDecreaseInDueFromEmployeeCurrent`	$8.23K	USD	2 Qtrs
Employee Advances	`IncreaseDecreaseInDueFromEmployeeCurrent`	$-2.76K	USD	2 Qtrs
Customer Deposits	`IncreaseDecreaseInDepositsOutstanding`	$11.53K	USD	2 Qtrs
Customer Deposits	`IncreaseDecreaseInDepositsOutstanding`	$-5.24K	USD	2 Qtrs
Product Deposits	`ProductDeposits`	$32.61K	USD	2 Qtrs
Product Deposits	`ProductDeposits`	$-23.59K	USD	2 Qtrs
Accrued Expenses	`IncreaseDecreaseInAccruedLiabilities`	$-6.28K	USD	2 Qtrs
Accrued Expenses	`IncreaseDecreaseInAccruedLiabilities`	$8.41K	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-53.91K	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$30.94K	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-86.75K	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-45.28K	USD	2 Qtrs
Net Cash Provided by (Used) by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-233.88K	USD	2 Qtrs
Net Cash Provided by (Used) by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-443.60K	USD	2 Qtrs
Notes Receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	2 Qtrs
Notes Receivable	`ProceedsFromCollectionOfNotesReceivable`	$-50.00K	USD	2 Qtrs
Refundable Deposits	`RefundableDeposits`	-	USD	2 Qtrs
Refundable Deposits	`RefundableDeposits`	$-280.00	USD	2 Qtrs
Purchase of Software/Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.95K	USD	2 Qtrs
Purchase of Software/Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.64K	USD	2 Qtrs
Net Cash Provided by (Used) in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-51.95K	USD	2 Qtrs
Net Cash Provided by (Used) in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.92K	USD	2 Qtrs
Notes Payable	`ProceedsFromNotesPayable`	$99.71K	USD	2 Qtrs
Notes Payable	`ProceedsFromNotesPayable`	$350.50K	USD	2 Qtrs
Repayment of Notes Payable	`RepaymentsOfNotesPayable`	$59.67K	USD	2 Qtrs
Repayment of Notes Payable	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Cash Overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-51.00K	USD	2 Qtrs
Cash Overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-6.82K	USD	2 Qtrs
Line of Credit	`ProceedsFromLinesOfCredit`	$210.00K	USD	2 Qtrs
Line of Credit	`ProceedsFromLinesOfCredit`	$24.50K	USD	2 Qtrs
Loans Payable - Officers	`ProceedsFromLoans`	$22.00K	USD	2 Qtrs
Loans Payable - Officers	`ProceedsFromLoans`	$38.29K	USD	2 Qtrs
Sale of Common Stock	`SaleOfCommonStock`	-	USD	2 Qtrs
Sale of Common Stock	`SaleOfCommonStock`	$110.35K	USD	2 Qtrs
Repayment of Loans Payable officers	`RepaymentOfLoansPayableOfficers`	$500.00	USD	2 Qtrs
Repayment of Loans Payable officers	`RepaymentOfLoansPayableOfficers`	-	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$285.83K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$451.53K	USD	2 Qtrs
Net Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Net Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Cash and Cash Equivalents - Beginning	`Cash`	-	USD	Point-in-time
Cash and Cash Equivalents - Beginning	`Cash`	-	USD	Point-in-time
Cash and Cash Equivalents - Beginning	`Cash`	-	USD	Point-in-time
Cash and Cash Equivalents - Beginning	`Cash`	-	USD	Point-in-time
Cash and Cash Equivalents - Ending	`Cash`	-	USD	Point-in-time
Cash and Cash Equivalents - Ending	`Cash`	-	USD	Point-in-time
Cash and Cash Equivalents - Ending	`Cash`	-	USD	Point-in-time
Cash and Cash Equivalents - Ending	`Cash`	-	USD	Point-in-time
Taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	$16.89K	USD	2 Qtrs
Interest	`InterestPaid`	$64.57K	USD	2 Qtrs
Conversion of Indebtedness for Equity	`DebtConversionConvertedInstrumentSharesIssued1`	105,000.00	shares	2 Qtrs
Conversion of Indebtedness for Equity	`DebtConversionConvertedInstrumentSharesIssued1`	50,000.00	shares	2 Qtrs
Equity Issued for Interest	`EquityIssuedForInterest`	$42.70K	USD	2 Qtrs
Equity Issued for Interest	`EquityIssuedForInterest`	$4.99K	USD	2 Qtrs

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