10-Q Filing

Silo Pharma, Inc. CIK: 1514183 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001213900-11-004327`
Period End Date	20110630
Filing Date	20110815
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	gldsw-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 13 Cash Flow Statement 28 Stockholders Equity 13

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash	`Cash`	$25.80K	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
Cash	`Cash`	$47.48K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$47.48K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$25.80K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.63M	shares	Point-in-time
Total Assets	`Assets`	$25.80K	USD	Point-in-time
Total Assets	`Assets`	$47.48K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.63M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.63M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.63M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.50K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.50K	USD	Point-in-time
Preferred stock, $0.0001 par value, 5,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 5,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized; 30,631,200 shares issued and outstanding	`CommonStockValue`	$3.06K	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized; 30,631,200 shares issued and outstanding	`CommonStockValue`	$3.06K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.12M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$1.10M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$1.08M	USD	Point-in-time
Subscriptions receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	-	USD	Point-in-time
Subscriptions receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$575.00	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$47.48K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.30K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$47.48K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$25.80K	USD	Point-in-time

Income Statement 13 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.10M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$25.75K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$13.85K	USD	1 Quarter
Net loss	`ProfitLoss`	$-25.75K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.10M	USD	Annual
Net loss	`ProfitLoss`	$-13.85K	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.08M	USD	2 Qtrs
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	Annual
Weighted average number of common shares outstanding during the period - basic and diluted	`WeightedAverageNumberOfSharesOustandingBasicAndDiluted`	30.63M	shares	2 Qtrs
Weighted average number of common shares outstanding during the period - basic and diluted	`WeightedAverageNumberOfSharesOustandingBasicAndDiluted`	30.63M	shares	1 Quarter
Weighted average number of common shares outstanding during the period - basic and diluted	`WeightedAverageNumberOfSharesOustandingBasicAndDiluted`	30.16M	shares	Annual

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-25.75K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.10M	USD	Annual
Net loss	`ProfitLoss`	$-13.85K	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.08M	USD	2 Qtrs
Stock issued for services - related parties	`ShareBasedCompensation`	$1.07M	USD	Annual
Stock issued for services - related parties	`ShareBasedCompensation`	-	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$3.50K	USD	Annual
Increase in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$3.50K	USD	2 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-25.76K	USD	Annual
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.25K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$575.00	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$51.56K	USD	Annual
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$575.00	USD	2 Qtrs
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$51.56K	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$25.80K	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-21.68K	USD	2 Qtrs
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$25.80K	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$47.48K	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$25.80K	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$47.48K	USD	Point-in-time
Income Taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income Taxes	`IncomeTaxesPaid`	-	USD	Annual
Interest	`InterestPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	-	USD	Annual
Stock issued to related parties - in connection with subscription receivable	`StockIssuedToRelatedPartiesInConnectionWithSubscriptionReceivable`	-	USD	Annual
Stock issued to related parties - in connection with subscription receivable	`StockIssuedToRelatedPartiesInConnectionWithSubscriptionReceivable`	-	USD	2 Qtrs

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Stock issued for services - related parties $0.05	`StockIssuedForServicesRelatedParties005ShareFairMarketValue`	$0.05	USD	2 Qtrs
Stock issued for cash $0.005-$0.05	`StockIssuedForCash0005005ShareFairMarketValue`	$-0.01	USD	2 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$47.48K	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.30K	USD	Point-in-time
Receipt of prior period subscription	`StockholdersEquityOther`	$575.00	USD	2 Qtrs
Net loss	`ProfitLoss`	$-25.75K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.10M	USD	Annual
Net loss	`ProfitLoss`	$-13.85K	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.08M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$47.48K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.30K	USD	Point-in-time
Balance (shares)	`SharesOutstanding`	0.00	shares	Point-in-time
Balance (shares)	`SharesOutstanding`	0.00	shares	Point-in-time

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