10-Q Filing

MOPALS.COM, INC. CIK: 1222218 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001213900-11-006217`
Period End Date	20110930
Filing Date	20111117
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	mbkr-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 64 Cash Flow Statement 48

Balance Sheet 62 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
Capital stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Capital stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Capital stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.01M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$752.42K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$876.01K	USD	Point-in-time
Capital stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.23M	USD	Point-in-time
Capital stock, shares issued	`CommonStockSharesIssued`	38.85M	shares	Point-in-time
Capital stock, shares issued	`CommonStockSharesIssued`	38.85M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$43.77K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$40.99K	USD	Point-in-time
Capital stock, shares outstanding	`CommonStockSharesOutstanding`	38.85M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$796.19K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$917.00K	USD	Point-in-time
Capital stock, shares outstanding	`CommonStockSharesOutstanding`	38.85M	shares	Point-in-time
Equipment, net (note 3)	`MachineryAndEquipmentGross`	$65.95K	USD	Point-in-time
Equipment, net (note 3)	`MachineryAndEquipmentGross`	$85.60K	USD	Point-in-time
Equipment Under Capital Leases (note 4)	`CapitalLeasedAssetsGross`	$1.09K	USD	Point-in-time
Equipment Under Capital Leases (note 4)	`CapitalLeasedAssetsGross`	$1.46K	USD	Point-in-time
Total Assets	`Assets`	$883.25K	USD	Point-in-time
Total Assets	`Assets`	$984.04K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.27M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$981.15K	USD	Point-in-time
Advances from related parties (note 5)	`DueToRelatedPartiesCurrent`	$1.28M	USD	Point-in-time
Advances from related parties (note 5)	`DueToRelatedPartiesCurrent`	$482.83K	USD	Point-in-time
Employee tax deductions payable (note 6)	`AccruedPayrollTaxesCurrent`	$172.40K	USD	Point-in-time
Employee tax deductions payable (note 6)	`AccruedPayrollTaxesCurrent`	$231.02K	USD	Point-in-time
Stock-based compensation accrual - current portion (note 7a)	`EmployeeRelatedLiabilitiesCurrent`	$9.86K	USD	Point-in-time
Stock-based compensation accrual - current portion (note 7a)	`EmployeeRelatedLiabilitiesCurrent`	$7.39K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.99M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.45M	USD	Point-in-time
Stock-based Compensation Accrual (note 7b)	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$31.52K	USD	Point-in-time
Stock-based Compensation Accrual (note 7b)	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$22.49K	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.48M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.01M	USD	Point-in-time
Commitments and Contingencies (notes 1 and 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (notes 1 and 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 5,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 5,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Capital stock, $0.0001 par value; 100,000,000 shares authorized; 38,854,099 (2010: 38,854,099) issued and outstanding (note 8)	`CommonStockValue`	$3.88K	USD	Point-in-time
Capital stock, $0.0001 par value; 100,000,000 shares authorized; 38,854,099 (2010: 38,854,099) issued and outstanding (note 8)	`CommonStockValue`	$3.88K	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$6.02M	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$6.19M	USD	Point-in-time
Additional Paid-in Capital - Warrants (note 9)	`OtherAdditionalCapital`	$175.37K	USD	Point-in-time
Additional Paid-in Capital - Warrants (note 9)	`OtherAdditionalCapital`	-	USD	Point-in-time
Treasury Stock (note 10)	`TreasuryStockValue`	$27.29K	USD	Point-in-time
Treasury Stock (note 10)	`TreasuryStockValue`	$27.29K	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$100.89K	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$175.76K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-7.84M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-7.40M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.49M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.13M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$984.04K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$883.25K	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$3.69M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$10.66M	USD	3 Qtrs
Revenues	`SalesRevenueNet`	$3.64M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$11.29M	USD	3 Qtrs
Commission and agent fees	`SalesCommissionsAndFees`	$9.34M	USD	3 Qtrs
Commission and agent fees	`SalesCommissionsAndFees`	$3.21M	USD	1 Quarter
Commission and agent fees	`SalesCommissionsAndFees`	$9.49M	USD	3 Qtrs
Commission and agent fees	`SalesCommissionsAndFees`	$3.21M	USD	1 Quarter
Salaries and benefits	`SalariesAndWages`	$333.51K	USD	1 Quarter
Salaries and benefits	`SalariesAndWages`	$1.06M	USD	3 Qtrs
Salaries and benefits	`SalariesAndWages`	$988.78K	USD	3 Qtrs
Salaries and benefits	`SalariesAndWages`	$282.77K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$161.05K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$154.27K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$868.92K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$528.21K	USD	3 Qtrs
Stock based compensation (note 7a and 7b)	`OtherCostAndExpenseOperating`	$-4.93K	USD	3 Qtrs
Stock based compensation (note 7a and 7b)	`OtherCostAndExpenseOperating`	$9.98K	USD	1 Quarter
Stock based compensation (note 7a and 7b)	`OtherCostAndExpenseOperating`	$11.50K	USD	3 Qtrs
Stock based compensation (note 7a and 7b)	`OtherCostAndExpenseOperating`	$4.93K	USD	1 Quarter
Stock based compensation	`OfficersCompensation`	$15.02K	USD	1 Quarter
Stock based compensation	`OfficersCompensation`	$-19.23K	USD	3 Qtrs
Stock based compensation	`OfficersCompensation`	-	USD	3 Qtrs
Stock based compensation	`OfficersCompensation`	-	USD	1 Quarter
Occupancy costs	`OccupancyCosts`	$36.73K	USD	1 Quarter
Occupancy costs	`OccupancyCosts`	$148.72K	USD	3 Qtrs
Occupancy costs	`OccupancyCosts`	$37.86K	USD	1 Quarter
Occupancy costs	`OccupancyCosts`	$114.43K	USD	3 Qtrs
Depreciation expense	`DepreciationNonproduction`	$5.66K	USD	1 Quarter
Depreciation expense	`DepreciationNonproduction`	$8.53K	USD	1 Quarter
Depreciation expense	`DepreciationNonproduction`	$17.02K	USD	3 Qtrs
Depreciation expense	`DepreciationNonproduction`	$25.66K	USD	3 Qtrs
Total Operating Expenses	`CostsAndExpenses`	$11.10M	USD	3 Qtrs
Total Operating Expenses	`CostsAndExpenses`	$3.75M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$3.72M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$11.47M	USD	3 Qtrs
(Loss) from Operations	`OperatingIncomeLoss`	$-28.37K	USD	1 Quarter
(Loss) from Operations	`OperatingIncomeLoss`	$-175.83K	USD	3 Qtrs
(Loss) from Operations	`OperatingIncomeLoss`	$-106.69K	USD	1 Quarter
(Loss) from Operations	`OperatingIncomeLoss`	$-440.98K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-106.69K	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-175.83K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-440.98K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-28.37K	USD	1 Quarter
Foreign Currency Translation Adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$8.97K	USD	3 Qtrs
Foreign Currency Translation Adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$17.14K	USD	1 Quarter
Foreign Currency Translation Adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-74.86K	USD	3 Qtrs
Foreign Currency Translation Adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-106.80K	USD	1 Quarter
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-11.22K	USD	1 Quarter
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-213.48K	USD	1 Quarter
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-515.85K	USD	3 Qtrs
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-166.87K	USD	3 Qtrs
Net (loss) per share - Basic and Diluted during the period	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Net (loss) per share - Basic and Diluted during the period	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net (loss) per share - Basic and Diluted during the period	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	3 Qtrs
Net (loss) per share - Basic and Diluted during the period	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Number of Shares (note 11) Outstanding During the Periods - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.94M	shares	1 Quarter
Weighted Average Number of Shares (note 11) Outstanding During the Periods - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.94M	shares	3 Qtrs
Weighted Average Number of Shares (note 11) Outstanding During the Periods - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.85M	shares	3 Qtrs
Weighted Average Number of Shares (note 11) Outstanding During the Periods - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.85M	shares	1 Quarter
Weighted Average Number of Shares (note 11) Outstanding During the Periods - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.94M	shares	3 Qtrs
Weighted Average Number of Shares (note 11) Outstanding During the Periods - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.85M	shares	1 Quarter
Weighted Average Number of Shares (note 11) Outstanding During the Periods - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.85M	shares	3 Qtrs
Weighted Average Number of Shares (note 11) Outstanding During the Periods - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.94M	shares	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net (Loss)	`ProfitLoss`	$-106.69K	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-175.83K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-440.98K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-28.37K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$5.66K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$8.53K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$17.02K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$25.66K	USD	3 Qtrs
Employee stock-based compensation	`EmployeeBenefitsAndShareBasedCompensation`	$-4.93K	USD	3 Qtrs
Employee stock-based compensation	`EmployeeBenefitsAndShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation accrual	`ShareBasedCompensation`	$11.50K	USD	3 Qtrs
Stock-based compensation accrual	`ShareBasedCompensation`	$-19.23K	USD	3 Qtrs
Referral fees held in trust	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	3 Qtrs
Referral fees held in trust	`IncreaseDecreaseInOtherCurrentAssets`	$-2.82K	USD	3 Qtrs
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$14.96K	USD	3 Qtrs
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$-760.00	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-285.44K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-557.61K	USD	3 Qtrs
Trust liability	`IncreaseDecreaseInOtherCurrentLiabilities`	$-2.82K	USD	3 Qtrs
Trust liability	`IncreaseDecreaseInOtherCurrentLiabilities`	-	USD	3 Qtrs
Net Cash (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-697.14K	USD	3 Qtrs
Net Cash (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-746.90K	USD	3 Qtrs
Purchase of equipment	`PaymentsToAcquireMachineryAndEquipment`	$416.00	USD	3 Qtrs
Purchase of equipment	`PaymentsToAcquireMachineryAndEquipment`	$4.74K	USD	3 Qtrs
Net Cash (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-416.00	USD	3 Qtrs
Net Cash (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.74K	USD	3 Qtrs
Advances (repayment of advances) from related party	`RepaymentsOfRelatedPartyDebt`	$25.13K	USD	3 Qtrs
Advances (repayment of advances) from related party	`RepaymentsOfRelatedPartyDebt`	$-869.45K	USD	3 Qtrs
(Decrease) in bank indebtedness	`RepaymentsOfBankDebt`	-	USD	3 Qtrs
(Decrease) in bank indebtedness	`RepaymentsOfBankDebt`	$54.30K	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$869.45K	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-79.44K	USD	3 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$167.57K	USD	3 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-826.75K	USD	3 Qtrs
Foreign Exchange on Cash Balances	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-43.99K	USD	3 Qtrs
Foreign Exchange on Cash Balances	`EffectOfExchangeRateOnCashAndCashEquivalents`	$43.85K	USD	3 Qtrs
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.01M	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$752.42K	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$876.01K	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.23M	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.01M	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$752.42K	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$876.01K	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.23M	USD	Point-in-time
Interest paid	`InterestPaid`	$7.30K	USD	3 Qtrs
Interest paid	`InterestPaid`	$6.53K	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs

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