10-K Filing

MOPALS.COM, INC. CIK: 1222218 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001213900-14-002432`
Period End Date	20131231
Filing Date	20140415
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	mbkr-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 57 Cash Flow Statement 73 Stockholders Equity 19

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Capital stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	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
Cash	`CashAndCashEquivalentsAtCarryingValue`	$437.65K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$175.80K	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
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Capital stock, shares issued	`CommonStockSharesIssued`	41.00M	shares	Point-in-time
Capital stock, shares issued	`CommonStockSharesIssued`	1.29M	shares	Point-in-time
Capital stock, shares issued	`CommonStockSharesIssued`	45.45M	shares	Point-in-time
Capital stock, shares issued	`CommonStockSharesIssued`	41.00M	shares	Point-in-time
Prepaid & Other Assets (Note 5)	`PrepaidExpenseAndOtherAssets`	$32.32K	USD	Point-in-time
Prepaid & Other Assets (Note 5)	`PrepaidExpenseAndOtherAssets`	$155.83K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$208.12K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$593.48K	USD	Point-in-time
Capital stock, shares outstanding	`CommonStockSharesOutstanding`	41.00M	shares	Point-in-time
Capital stock, shares outstanding	`CommonStockSharesOutstanding`	45.45M	shares	Point-in-time
Equipment, net (note 6)	`MachineryAndEquipmentGross`	$55.32K	USD	Point-in-time
Equipment, net (note 6)	`MachineryAndEquipmentGross`	$44.92K	USD	Point-in-time
Total Assets	`Assets`	$263.44K	USD	Point-in-time
Total Assets	`Assets`	$638.40K	USD	Point-in-time
Accounts Payable & Accrued Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$181.13K	USD	Point-in-time
Accounts Payable & Accrued Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.35K	USD	Point-in-time
MoCoins Liability	`OtherLiabilities`	-	USD	Point-in-time
MoCoins Liability	`OtherLiabilities`	$148.00	USD	Point-in-time
Share Based Accrual	`EmployeeRelatedLiabilitiesCurrent`	$14.92K	USD	Point-in-time
Share Based Accrual	`EmployeeRelatedLiabilitiesCurrent`	-	USD	Point-in-time
Loans from Shareholder (note 7)	`LoansFromShareholder`	$364.31K	USD	Point-in-time
Loans from Shareholder (note 7)	`LoansFromShareholder`	$652.63K	USD	Point-in-time
Total Liabilities	`Liabilities`	$848.83K	USD	Point-in-time
Total Liabilities	`Liabilities`	$384.66K	USD	Point-in-time
Capital Stock; par value $0.0001, 100,000,000 shares authorized, 45,448,993 shares issued and outstanding on December 31, 2013 and 41,000,000 shares issued and outstanding on December 31, 2012	`CommonStockValue`	$41.00K	USD	Point-in-time
Capital Stock; par value $0.0001, 100,000,000 shares authorized, 45,448,993 shares issued and outstanding on December 31, 2013 and 41,000,000 shares issued and outstanding on December 31, 2012	`CommonStockValue`	$4.54K	USD	Point-in-time
Shares Subscribed (Note 10)	`CommonStockSharesSubscriptions`	$2.25M	USD	Point-in-time
Shares Subscribed (Note 10)	`CommonStockSharesSubscriptions`	$1.53M	USD	Point-in-time
Share Subscriptions Receivable (Note 10)	`StockholdersEquityNoteSubscriptionsReceivable`	$1.53M	USD	Point-in-time
Share Subscriptions Receivable (Note 10)	`StockholdersEquityNoteSubscriptionsReceivable`	$2.25M	USD	Point-in-time
Shares to be Issued (Note 10)	`SharesToBeIssued`	-	USD	Point-in-time
Shares to be Issued (Note 10)	`SharesToBeIssued`	$200.00	USD	Point-in-time
Additional Paid In Capital	`AdditionalPaidInCapital`	$1.59M	USD	Point-in-time
Additional Paid In Capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Deficit Accumulated During the Development Stage	`RetainedEarningsAccumulatedDeficit`	$-163.24K	USD	Point-in-time
Deficit Accumulated During the Development Stage	`RetainedEarningsAccumulatedDeficit`	$-1.85M	USD	Point-in-time
Foreign Currency Translation	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.01K	USD	Point-in-time
Foreign Currency Translation	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$54.06K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-121.22K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-210.44K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$263.44K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$638.40K	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`SalesRevenueNet`	-	USD	Annual
REVENUES	`SalesRevenueNet`	-	USD	Annual
REVENUES	`SalesRevenueNet`	-	USD	6 Qtrs
Consultants & Contractors	`ConsultantsAndContractors`	$116.38K	USD	Annual
Consultants & Contractors	`ConsultantsAndContractors`	$939.31K	USD	6 Qtrs
Consultants & Contractors	`ConsultantsAndContractors`	$822.93K	USD	Annual
General & Administrative Expenses	`GeneralAndAdministrativeExpense`	$582.00K	USD	6 Qtrs
General & Administrative Expenses	`GeneralAndAdministrativeExpense`	$20.97K	USD	Annual
General & Administrative Expenses	`GeneralAndAdministrativeExpense`	$561.02K	USD	Annual
Occupancy Costs	`OccupancyCosts`	$128.71K	USD	6 Qtrs
Occupancy Costs	`OccupancyCosts`	$24.78K	USD	Annual
Occupancy Costs	`OccupancyCosts`	$103.93K	USD	Annual
Share Based Compensation (note 3a)	`OfficersCompensation`	$189.20K	USD	Annual
Share Based Compensation (note 3a)	`OfficersCompensation`	$189.20K	USD	6 Qtrs
Share Based Compensation (note 3a)	`OfficersCompensation`	-	USD	Annual
Depreciation	`DepreciationNonproduction`	$1.10K	USD	Annual
Depreciation	`DepreciationNonproduction`	$15.22K	USD	6 Qtrs
Depreciation	`DepreciationNonproduction`	$14.12K	USD	Annual
Total Operating Expense & Loss before Income Taxes	`OperatingExpenses`	$163.24K	USD	Annual
Total Operating Expense & Loss before Income Taxes	`OperatingExpenses`	$1.69M	USD	Annual
Total Operating Expense & Loss before Income Taxes	`OperatingExpenses`	$1.85M	USD	6 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	6 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-1.85M	USD	6 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-1.69M	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-163.24K	USD	Annual
Net Loss	`NetIncomeLoss`	$-163.24K	USD	Annual
Net Loss	`NetIncomeLoss`	$-1.85M	USD	6 Qtrs
Net Loss	`NetIncomeLoss`	$-1.69M	USD	Annual
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$53.05K	USD	Annual
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.01K	USD	Annual
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$54.06K	USD	6 Qtrs
Other Comprehensive Loss	`OtherComprehensiveIncomeLossNetOfTax`	$54.06K	USD	6 Qtrs
Other Comprehensive Loss	`OtherComprehensiveIncomeLossNetOfTax`	$1.01K	USD	Annual
Other Comprehensive Loss	`OtherComprehensiveIncomeLossNetOfTax`	$53.05K	USD	Annual
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-1.64M	USD	Annual
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-1.80M	USD	6 Qtrs
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-162.22K	USD	Annual
Net (Loss) from operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.04	USD	6 Qtrs
Net (Loss) from operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.03	USD	Annual
Net (Loss) from operations	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	Annual
Net (Loss) per common share	`EarningsPerShareBasic`	-	USD	Annual
Net (Loss) per common share	`EarningsPerShareBasic`	$-0.04	USD	6 Qtrs
Net (Loss) per common share	`EarningsPerShareBasic`	$-0.03	USD	Annual
Net (Loss) from operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	-	USD	Annual
Net (Loss) from operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.04	USD	6 Qtrs
Net (Loss) from operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.03	USD	Annual
Net (Loss) per common share	`EarningsPerShareDiluted`	-	USD	Annual
Net (Loss) per common share	`EarningsPerShareDiluted`	$-0.03	USD	Annual
Net (Loss) per common share	`EarningsPerShareDiluted`	$-0.04	USD	6 Qtrs
Weighted Average Number of Shares Outstanding - Basic During the Year	`WeightedAverageNumberOfSharesOutstandingBasic`	50.76M	shares	6 Qtrs
Weighted Average Number of Shares Outstanding - Basic During the Year	`WeightedAverageNumberOfSharesOutstandingBasic`	50.00M	shares	Annual
Weighted Average Number of Shares Outstanding - Basic During the Year	`WeightedAverageNumberOfSharesOutstandingBasic`	51.05M	shares	Annual
Weighted Average Number of Shares Outstanding - Diluted During the Year	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.00M	shares	Annual
Weighted Average Number of Shares Outstanding - Diluted During the Year	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.76M	shares	6 Qtrs
Weighted Average Number of Shares Outstanding - Diluted During the Year	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.05M	shares	Annual

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net (Loss)	`NetIncomeLoss`	$-163.24K	USD	Annual
Net (Loss)	`NetIncomeLoss`	$-1.85M	USD	6 Qtrs
Net (Loss)	`NetIncomeLoss`	$-1.69M	USD	Annual
Depreciation	`DepreciationNonproduction`	$1.10K	USD	Annual
Depreciation	`DepreciationNonproduction`	$15.22K	USD	6 Qtrs
Depreciation	`DepreciationNonproduction`	$14.12K	USD	Annual
Increase in Share Compensation Accrual	`ShareBasedCompensation`	$14.92K	USD	6 Qtrs
Increase in Share Compensation Accrual	`ShareBasedCompensation`	-	USD	Annual
Increase in Share Compensation Accrual	`ShareBasedCompensation`	$14.92K	USD	Annual
Stock-based compensation expense	`OfficersCompensation`	$189.20K	USD	Annual
Stock-based compensation expense	`OfficersCompensation`	$189.20K	USD	6 Qtrs
Stock-based compensation expense	`OfficersCompensation`	-	USD	Annual
Expenses Paid For with Shares	`ExpensesPaidForWithShares`	-	USD	Annual
Expenses Paid For with Shares	`ExpensesPaidForWithShares`	$150.05K	USD	6 Qtrs
Expenses Paid For with Shares	`ExpensesPaidForWithShares`	$150.05K	USD	Annual
Adjustment to par value for shares	`AdjustmentToParValueForShares`	-	USD	Annual
Adjustment to par value for shares	`AdjustmentToParValueForShares`	$36.90K	USD	Annual
Adjustment to par value for shares	`AdjustmentToParValueForShares`	$36.90K	USD	6 Qtrs
Increase in Prepaids & Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$123.51K	USD	Annual
Increase in Prepaids & Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$32.32K	USD	Annual
Increase in Prepaids & Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$155.83K	USD	6 Qtrs
Increase in MoCoins liability	`IncreaseInMocoinsLiability`	-	USD	Annual
Increase in MoCoins liability	`IncreaseInMocoinsLiability`	$148.00	USD	Annual
Increase in MoCoins liability	`IncreaseInMocoinsLiability`	$148.00	USD	6 Qtrs
Increase in Accounts Payable & Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$181.13K	USD	6 Qtrs
Increase in Accounts Payable & Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$160.78K	USD	Annual
Increase in Accounts Payable & Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$20.35K	USD	Annual
Net Cash Flows used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.42M	USD	6 Qtrs
Net Cash Flows used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-174.10K	USD	Annual
Net Cash Flows used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.25M	USD	Annual
Shares Issued	`ProceedsFromIssuanceOrSaleOfEquity`	$41.00K	USD	Annual
Shares Issued	`ProceedsFromIssuanceOrSaleOfEquity`	$41.45K	USD	6 Qtrs
Shares Issued	`ProceedsFromIssuanceOrSaleOfEquity`	$445.00	USD	Annual
Shares to be issued	`CommonStockShareToBeIssuedForSubscriptionPayable`	-	USD	Annual
Shares to be issued	`CommonStockShareToBeIssuedForSubscriptionPayable`	$200.00	USD	6 Qtrs
Shares to be issued	`CommonStockShareToBeIssuedForSubscriptionPayable`	$200.00	USD	Annual
Additional Paid In Capital (Cash portion)	`AdditionalPaidInCapitalAdjustments`	$1.21M	USD	6 Qtrs
Additional Paid In Capital (Cash portion)	`AdditionalPaidInCapitalAdjustments`	$1.21M	USD	Annual
Additional Paid In Capital (Cash portion)	`AdditionalPaidInCapitalAdjustments`	-	USD	Annual
Increase in Shareholders' Loan	`IncreaseInShareholdersLoan`	$652.63K	USD	6 Qtrs
Increase in Shareholders' Loan	`IncreaseInShareholdersLoan`	$364.31K	USD	Annual
Increase in Shareholders' Loan	`IncreaseInShareholdersLoan`	$288.32K	USD	Annual
Net Cash Flows from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$405.31K	USD	Annual
Net Cash Flows from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.90M	USD	6 Qtrs
Net Cash Flows from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.50M	USD	Annual
Purchases of Capital Equipment	`PaymentsToAcquireProductiveAssets`	$60.13K	USD	6 Qtrs
Purchases of Capital Equipment	`PaymentsToAcquireProductiveAssets`	$3.71K	USD	Annual
Purchases of Capital Equipment	`PaymentsToAcquireProductiveAssets`	$56.42K	USD	Annual
Net Cash Flows used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-60.13K	USD	6 Qtrs
Net Cash Flows used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-56.42K	USD	Annual
Net Cash Flows used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.71K	USD	Annual
Net Cash Flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$245.70K	USD	Annual
Net Cash Flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$174.79K	USD	Annual
Net Cash Flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$420.50K	USD	6 Qtrs
Effects of Exchange Rate on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.00K	USD	Annual
Effects of Exchange Rate on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$16.15K	USD	Annual
Effects of Exchange Rate on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$17.15K	USD	6 Qtrs
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$437.65K	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$175.80K	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$437.65K	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$175.80K	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, End of Year - Continuing Operations	`Cash`	$437.65K	USD	Point-in-time
Cash, End of Year - Continuing Operations	`Cash`	$175.80K	USD	Point-in-time
Interest Paid	`InterestPaid`	-	USD	Annual
Interest Paid	`InterestPaid`	-	USD	6 Qtrs
Interest Paid	`InterestPaid`	-	USD	Annual
Income Taxes Paid	`IncomeTaxesPaid`	-	USD	Annual
Income Taxes Paid	`IncomeTaxesPaid`	-	USD	Annual
Income Taxes Paid	`IncomeTaxesPaid`	-	USD	6 Qtrs

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$-121.22K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-210.44K	USD	Point-in-time
Adjustment for opening balance of Mopals	`AdjustmentsToAdditionalPaidInCapitalOther`	$-8.95K	USD	Annual
Shares Subscribed, Value (note 10)	`CommonStockValueOfSharesSubscribed`	$2.26M	USD	2 Qtrs
Shares Subscriptions Receivable, Value	`CommonStockValueOfSharesSubscriptionReceivable`	$-2.26M	USD	2 Qtrs
Shares Subscriptions Receivable, Value	`CommonStockValueOfSharesSubscriptionReceivable`	$480.00K	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$41.00K	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$150.07K	USD	Annual
Shares Subscriptions Receivable 1, Value (note 10)	`CommonStockValueOfSharesSubscriptionReceivableOne`	$239.75K	USD	Annual
Shares to be issued, Value (note 9)	`SharesIssuableValue`	$498.86K	USD	Annual
Issuance of director common stock options	`StockIssuedDuringPeriodValueIssuedForServices`	$189.20K	USD	Annual
Foreign Currency Translation Adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$1.01K	USD	2 Qtrs
Foreign Currency Translation Adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$53.05K	USD	Annual
Net Accumulated Deficit	`NetRetainedEarningsAccumulatedDeficit`	$163.24K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-163.24K	USD	Annual
Net Loss	`NetIncomeLoss`	$-1.85M	USD	6 Qtrs
Net Loss	`NetIncomeLoss`	$-1.69M	USD	Annual
Ending Balance	`StockholdersEquity`	$-121.22K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-210.44K	USD	Point-in-time

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