10-K Filing

MOPALS.COM, INC. CIK: 1222218 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001213900-13-001855`
Period End Date	20121231
Filing Date	20130416
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	mbkr-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 40 Cash Flow Statement 42 Stockholders Equity 14

Balance Sheet 56 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
Cash	`Cash`	$6.08K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$6.08K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$28.51K	USD	Point-in-time
Capital stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.38K	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
Capital stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Assets held for sale (note 9)	`AssetsHeldForSaleCurrent`	$990.00K	USD	Point-in-time
Assets held for sale (note 9)	`AssetsHeldForSaleCurrent`	$295.19K	USD	Point-in-time
Total Assets	`Assets`	$999.45K	USD	Point-in-time
Capital stock, shares issued	`CommonStockSharesIssued`	1.29M	shares	Point-in-time
Total Assets	`Assets`	$329.78K	USD	Point-in-time
Capital stock, shares issued	`CommonStockSharesIssued`	1.29M	shares	Point-in-time
Capital stock, shares outstanding	`CommonStockSharesOutstanding`	1.29M	shares	Point-in-time
Capital stock, shares outstanding	`CommonStockSharesOutstanding`	1.29M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$52.97K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$56.65K	USD	Point-in-time
Stock-based compensation accrual - current portion (note 3a)	`EmployeeRelatedLiabilitiesCurrent`	$4.11K	USD	Point-in-time
Stock-based compensation accrual - current portion (note 3a)	`EmployeeRelatedLiabilitiesCurrent`	$3.29K	USD	Point-in-time
Liabilities held for sale (note 9)	`LiabilitiesOfAssetsHeldForSale`	$3.68M	USD	Point-in-time
Liabilities held for sale (note 9)	`LiabilitiesOfAssetsHeldForSale`	$3.57M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.63M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.74M	USD	Point-in-time
Stock-based Compensation Accrual (note 3b)	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$11.64K	USD	Point-in-time
Stock-based Compensation Accrual (note 3b)	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$13.87K	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.64M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.75M	USD	Point-in-time
Commitments and Contingencies (notes 1 and 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (notes 1 and 10)	`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; 1,294,993(2011-1,294,993) issued and outstanding (note 4)	`CommonStockValue`	$129.00	USD	Point-in-time
Capital stock, $0.0001 par value; 100,000,000 shares authorized; 1,294,993(2011-1,294,993) issued and outstanding (note 4)	`CommonStockValue`	$129.00	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$6.20M	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$6.17M	USD	Point-in-time
Treasury Stock (note 5)	`TreasuryStockValue`	$7.46K	USD	Point-in-time
Treasury Stock (note 5)	`TreasuryStockValue`	$27.29K	USD	Point-in-time
Treasury Stock (note 5)	`TreasuryStockValue`	$2.05K	USD	Point-in-time
Treasury Stock (note 5)	`TreasuryStockValue`	$17.78K	USD	Point-in-time
Treasury Stock (note 5)	`TreasuryStockValue`	$27.29K	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$152.44K	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$110.83K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-9.67M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-8.96M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-2.64M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-1.13M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-3.42M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$999.45K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$329.78K	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Salaries and benefits	`SalariesAndWages`	$53.56K	USD	Annual
Salaries and benefits	`SalariesAndWages`	$25.27K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$157.11K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$146.41K	USD	Annual
Stock-based compensation (note 3a)	`OfficersCompensation`	$-11.90K	USD	Annual
Stock-based compensation (note 3a)	`OfficersCompensation`	$-3.06K	USD	Annual
Total Operating Expenses and Loss before Income Taxes	`OperatingExpenses`	$188.06K	USD	Annual
Total Operating Expenses and Loss before Income Taxes	`OperatingExpenses`	$179.33K	USD	Annual
Provision for income taxes (note 8)	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for income taxes (note 8)	`IncomeTaxExpenseBenefit`	-	USD	Annual
(Loss) from Continuing Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-188.06K	USD	Annual
(Loss) from Continuing Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-179.33K	USD	Annual
(Loss) from Discontinued Operations (note 9)	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-1.38M	USD	Annual
(Loss) from Discontinued Operations (note 9)	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-508.48K	USD	Annual
Net Loss	`NetIncomeLoss`	$-687.81K	USD	Annual
Net Loss	`NetIncomeLoss`	$-1.57M	USD	Annual
Change in net unrealized loss on available for sale securities (note 6)	`AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax`	-	USD	Annual
Change in net unrealized loss on available for sale securities (note 6)	`AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax`	$-40.20K	USD	Annual
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$51.55K	USD	Annual
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.41K	USD	Annual
Other Comprehensive Loss	`OtherComprehensiveIncomeLossNetOfTax`	$-41.61K	USD	Annual
Other Comprehensive Loss	`OtherComprehensiveIncomeLossNetOfTax`	$51.55K	USD	Annual
Total Comprehensive (Loss)	`ComprehensiveIncomeNetOfTax`	$-729.42K	USD	Annual
Total Comprehensive (Loss)	`ComprehensiveIncomeNetOfTax`	$-1.51M	USD	Annual
Net (Loss) from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.14	USD	Annual
Net (Loss) from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.15	USD	Annual
Net (Loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-1.06	USD	Annual
Net (Loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.39	USD	Annual
Net (Loss) per common share	`EarningsPerShareBasic`	$-1.21	USD	Annual
Net (Loss) per common share	`EarningsPerShareBasic`	$-0.53	USD	Annual
Net (Loss) from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.15	USD	Annual
Net (Loss) from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.14	USD	Annual
Net (Loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.39	USD	Annual
Net (Loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-1.06	USD	Annual
Net (Loss) per common share	`EarningsPerShareDiluted`	$-1.21	USD	Annual
Net (Loss) per common share	`EarningsPerShareDiluted`	$-0.53	USD	Annual
Weighted Average Number of Shares Outstanding - Basic During the Year	`WeightedAverageNumberOfSharesOutstandingBasic`	1.29M	shares	Annual
Weighted Average Number of Shares Outstanding - Basic During the Year	`WeightedAverageNumberOfSharesOutstandingBasic`	1.30M	shares	Annual
Weighted Average Number of Shares Outstanding - Diluted During the Year	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.29M	shares	Annual
Weighted Average Number of Shares Outstanding - Diluted During the Year	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.30M	shares	Annual

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-687.81K	USD	Annual
Net loss	`NetIncomeLoss`	$-1.57M	USD	Annual
Depreciation	`DepreciationNonproduction`	$17.29K	USD	Annual
Depreciation	`DepreciationNonproduction`	$22.19K	USD	Annual
Stock-based compensation accrual (recovery)	`ShareBasedCompensation`	$-3.06K	USD	Annual
Stock-based compensation accrual (recovery)	`ShareBasedCompensation`	$-11.90K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-17.34K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$68.65K	USD	Annual
Loan receivable	`IncreaseDecreaseInFinanceReceivables`	$-88.50K	USD	Annual
Loan receivable	`IncreaseDecreaseInFinanceReceivables`	-	USD	Annual
Investments	`IncreaseDecreaseInInvestments`	-	USD	Annual
Investments	`IncreaseDecreaseInInvestments`	$-39.62K	USD	Annual
Accounts payable and accrued liabilities and Employee tax deductions payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-259.41K	USD	Annual
Accounts payable and accrued liabilities and Employee tax deductions payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-922.53K	USD	Annual
Net Cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.80M	USD	Annual
Net Cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.79M	USD	Annual
(Purchase) of equipment	`PaymentsToAcquireMachineryAndEquipment`	$4.70K	USD	Annual
(Purchase) of equipment	`PaymentsToAcquireMachineryAndEquipment`	-	USD	Annual
Net Cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net Cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.70K	USD	Annual
Advances from related party	`ProceedsFromRelatedPartyDebt`	$965.00K	USD	Annual
Advances from related party	`ProceedsFromRelatedPartyDebt`	$1.98M	USD	Annual
Net Cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$965.00K	USD	Annual
Net Cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.98M	USD	Annual
Net (decrease) increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-827.87K	USD	Annual
Net (decrease) increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$173.91K	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$10.16K	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.20K	USD	Annual
Cash - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$82.82K	USD	Point-in-time
Cash - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$909.49K	USD	Point-in-time
Cash - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$725.42K	USD	Point-in-time
Cash - End of Year	`CashAndCashEquivalentsAtCarryingValue`	$82.82K	USD	Point-in-time
Cash - End of Year	`CashAndCashEquivalentsAtCarryingValue`	$909.49K	USD	Point-in-time
Cash - End of Year	`CashAndCashEquivalentsAtCarryingValue`	$725.42K	USD	Point-in-time
Cash, End of Year - Discontinued Operations (note 9)	`DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents`	$76.74K	USD	Point-in-time
Cash, End of Year - Discontinued Operations (note 9)	`DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents`	$903.41K	USD	Point-in-time
Cash, End of Year - Continuing Operations	`Cash`	$6.08K	USD	Point-in-time
Cash, End of Year - Continuing Operations	`Cash`	$6.08K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	Annual
Interest paid	`InterestPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$-2.64M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-1.13M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-3.42M	USD	Point-in-time
July 9, 2011 expiration of warrants(note 4)	`AdjustmentsToAdditionalPaidInCapitalExpirationOfWarrants`	-	USD	Annual
December 8, 2011- cancellation of shares (Note 4)	`CancellationOfSharesValue`	-	USD	Annual
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$51.55K	USD	Annual
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.41K	USD	Annual
Tax effect of expiration of warrants	`TaxEffectOfExpirationOfWarrants`	$-48.18K	USD	Annual
Change in net unrealized loss on available for sale securities	`ChangeInNetUnrealizedLossOnAvailableForSaleSecurities`	$-40.20K	USD	Annual
Net (loss) for the year	`NetIncomeLoss`	$-687.81K	USD	Annual
Net (loss) for the year	`NetIncomeLoss`	$-1.57M	USD	Annual
Balance	`StockholdersEquity`	$-2.64M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.13M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.42M	USD	Point-in-time

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