10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001214659-12-002690 |
| Period End Date | 20120531 |
| Filing Date | 20120615 |
| Fiscal Year | 2012 |
| Fiscal Period | Q3 |
| XBRL Instance | scgc-20120531.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
43 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value per share |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value per share |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
750.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
750.00M | shares | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$3.00 | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$137.00 | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
8.77M | shares | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$1.05K | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
3.17M | shares | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$1.46K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.46K | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
3.17M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
8.77M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.05K | USD | Point-in-time |
| Total assets |
Assets
|
$1.46K | USD | Point-in-time |
| Total assets |
Assets
|
$1.05K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$50.41K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$49.45K | USD | Point-in-time |
| Notes payable |
NotesPayableCurrent
|
$13.97K | USD | Point-in-time |
| Notes payable |
NotesPayableCurrent
|
$72.89K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$64.38K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$122.34K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$64.38K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$122.34K | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock; $0.001 par value; 750,000,000 shares authorized, 8,766,985 and 3,166,985 shares issued and outstanding, respectively |
CommonStockValue
|
$8.77K | USD | Point-in-time |
| Common stock; $0.001 par value; 750,000,000 shares authorized, 8,766,985 and 3,166,985 shares issued and outstanding, respectively |
CommonStockValue
|
$3.17K | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$642.38K | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$558.93K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-682.97K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-714.48K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-63.33K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-1.23K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-37.46K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$2.92K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
- | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-120.88K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-6.65K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-551.18K | USD | Point-in-time |
| Total liabilities and stockholders' deficit |
LiabilitiesAndStockholdersEquity
|
$1.46K | USD | Point-in-time |
| Total liabilities and stockholders' deficit |
LiabilitiesAndStockholdersEquity
|
$1.05K | USD | Point-in-time |
Income Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.60K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$67.23K | USD | 3 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$705.42K | USD | 24 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$5.50K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$26.37K | USD | 3 Qtrs |
| Total operating expenses |
OperatingExpenses
|
$5.50K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$26.37K | USD | 3 Qtrs |
| Total operating expenses |
OperatingExpenses
|
$3.60K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$705.42K | USD | 24 Qtrs |
| Total operating expenses |
OperatingExpenses
|
$67.23K | USD | 3 Qtrs |
| Loss from operations |
OperatingIncomeLoss
|
$-5.50K | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-26.37K | USD | 3 Qtrs |
| Loss from operations |
OperatingIncomeLoss
|
$-3.60K | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-67.23K | USD | 3 Qtrs |
| Loss from operations |
OperatingIncomeLoss
|
$-705.42K | USD | 24 Qtrs |
| Interest expense |
InterestAndDebtExpense
|
$1.37K | USD | 1 Quarter |
| Interest expense |
InterestAndDebtExpense
|
$9.06K | USD | 24 Qtrs |
| Interest expense |
InterestAndDebtExpense
|
$5.13K | USD | 3 Qtrs |
| Interest expense |
InterestAndDebtExpense
|
$1.26K | USD | 1 Quarter |
| Interest expense |
InterestAndDebtExpense
|
$2.66K | USD | 3 Qtrs |
| Total other expense |
NonoperatingIncomeExpense
|
$-1.26K | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-5.13K | USD | 3 Qtrs |
| Total other expense |
NonoperatingIncomeExpense
|
$-9.06K | USD | 24 Qtrs |
| Total other expense |
NonoperatingIncomeExpense
|
$-2.66K | USD | 3 Qtrs |
| Total other expense |
NonoperatingIncomeExpense
|
$-1.37K | USD | 1 Quarter |
| Loss from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-714.48K | USD | 24 Qtrs |
| Loss from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-69.89K | USD | 3 Qtrs |
| Loss from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-31.51K | USD | 3 Qtrs |
| Loss from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-4.86K | USD | 1 Quarter |
| Loss from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-6.86K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
- | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
- | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
- | USD | 24 Qtrs |
| Net loss |
NetIncomeLoss
|
$-69.89K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-5.86K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-30.81K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-58.57K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-4.86K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-1.23K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-31.51K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-72.79K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-714.48K | USD | 24 Qtrs |
| Net loss |
NetIncomeLoss
|
$-6.86K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-513.72K | USD | Annual |
| Net loss per common share - basic and fully diluted |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Net loss per common share - basic and fully diluted |
EarningsPerShareBasicAndDiluted
|
$-0.05 | USD | 3 Qtrs |
| Net loss per common share - basic and fully diluted |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 3 Qtrs |
| Net loss per common share - basic and fully diluted |
EarningsPerShareBasicAndDiluted
|
$-0.39 | USD | 24 Qtrs |
| Net loss per common share - basic and fully diluted |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Weighted average common shares outstanding - basic and diluted |
WeightedAverageNumberOfSharesOutstandingBasicAndDilutedDuration
|
1.49M | shares | 1 Quarter |
| Weighted average common shares outstanding - basic and diluted |
WeightedAverageNumberOfSharesOutstandingBasicAndDilutedDuration
|
1.49M | shares | 3 Qtrs |
| Weighted average common shares outstanding - basic and diluted |
WeightedAverageNumberOfSharesOutstandingBasicAndDilutedDuration
|
1.82M | shares | 24 Qtrs |
| Weighted average common shares outstanding - basic and diluted |
WeightedAverageNumberOfSharesOutstandingBasicAndDilutedDuration
|
3.95M | shares | 3 Qtrs |
| Weighted average common shares outstanding - basic and diluted |
WeightedAverageNumberOfSharesOutstandingBasicAndDilutedDuration
|
5.51M | shares | 1 Quarter |
Cash Flow Statement
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-69.89K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-5.86K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-30.81K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-58.57K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-4.86K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-1.23K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-31.51K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-72.79K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-714.48K | USD | 24 Qtrs |
| Net loss |
NetIncomeLoss
|
$-6.86K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-513.72K | USD | Annual |
| Loss on settlement of debt |
GainsLossesOnRestructuringOfDebt
|
$-58.74K | USD | 3 Qtrs |
| Loss on settlement of debt |
GainsLossesOnRestructuringOfDebt
|
$-432.89K | USD | 24 Qtrs |
| Loss on settlement of debt |
GainsLossesOnRestructuringOfDebt
|
- | USD | 3 Qtrs |
| Accrued interest on notes payable |
IncreaseDecreaseInInterestPayableNet
|
$9.06K | USD | 24 Qtrs |
| Accrued interest on notes payable |
IncreaseDecreaseInInterestPayableNet
|
$2.66K | USD | 3 Qtrs |
| Accrued interest on notes payable |
IncreaseDecreaseInInterestPayableNet
|
$5.13K | USD | 3 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$50.41K | USD | 24 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$2.09K | USD | 3 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$968.00 | USD | 3 Qtrs |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-222.11K | USD | 24 Qtrs |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-25.41K | USD | 3 Qtrs |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-6.39K | USD | 3 Qtrs |
| Notes receivable, net |
PaymentsForProceedsFromLoansReceivable
|
$432.89K | USD | 24 Qtrs |
| Notes receivable, net |
PaymentsForProceedsFromLoansReceivable
|
- | USD | 3 Qtrs |
| Notes receivable, net |
PaymentsForProceedsFromLoansReceivable
|
$58.74K | USD | 3 Qtrs |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-58.74K | USD | 3 Qtrs |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-432.89K | USD | 24 Qtrs |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 3 Qtrs |
| Proceeds from notes payable |
ProceedsFromNotesPayable
|
$65.00K | USD | 3 Qtrs |
| Proceeds from notes payable |
ProceedsFromNotesPayable
|
$618.41K | USD | 24 Qtrs |
| Proceeds from notes payable |
ProceedsFromNotesPayable
|
$25.00K | USD | 3 Qtrs |
| Repayment of notes payable |
RepaymentsOfNotesPayable
|
- | USD | 3 Qtrs |
| Repayment of notes payable |
RepaymentsOfNotesPayable
|
- | USD | 3 Qtrs |
| Repayment of notes payable |
RepaymentsOfNotesPayable
|
$21.36K | USD | 24 Qtrs |
| Issuance of common stock for cash |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 3 Qtrs |
| Issuance of common stock for cash |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 3 Qtrs |
| Issuance of common stock for cash |
ProceedsFromIssuanceOfCommonStock
|
$59.00K | USD | 24 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$656.06K | USD | 24 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$65.00K | USD | 3 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$25.00K | USD | 3 Qtrs |
| Net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-134.00 | USD | 3 Qtrs |
| Net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-406.00 | USD | 3 Qtrs |
| Net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.05K | USD | 24 Qtrs |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.00 | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$137.00 | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.05K | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.46K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.00 | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$137.00 | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.05K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.46K | USD | Point-in-time |
| Interest paid |
InterestPaid
|
- | USD | 3 Qtrs |
| Interest paid |
InterestPaid
|
- | USD | 3 Qtrs |
| Interest paid |
InterestPaid
|
- | USD | 24 Qtrs |
| Taxes paid |
IncomeTaxesPaid
|
- | USD | 24 Qtrs |
| Taxes paid |
IncomeTaxesPaid
|
- | USD | 3 Qtrs |
| Taxes paid |
IncomeTaxesPaid
|
- | USD | 3 Qtrs |
| Stock issued in exchange for debt |
DebtConversionConvertedInstrumentAmount1
|
$592.15K | USD | 24 Qtrs |
| Stock issued in exchange for debt |
DebtConversionConvertedInstrumentAmount1
|
$89.06K | USD | 3 Qtrs |
| Stock issued in exchange for debt |
DebtConversionConvertedInstrumentAmount1
|
$503.09K | USD | 3 Qtrs |
| Accrued interest waived by stockholders |
AccruedInterestWaivedByStockholders
|
$9.06K | USD | 24 Qtrs |
| Accrued interest waived by stockholders |
AccruedInterestWaivedByStockholders
|
$9.06K | USD | 3 Qtrs |
| Accrued interest waived by stockholders |
AccruedInterestWaivedByStockholders
|
- | USD | 3 Qtrs |
Stockholders Equity
43 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Issuance of stock in period, per share value |
EquityIssuanceDuringPeriodDollarAmountPerShare
|
$0.01 | USD | 3 Qtrs |
| Issuance of stock in period, per share value |
EquityIssuanceDuringPeriodDollarAmountPerShare
|
$0.10 | USD | Annual |
| Issuance of stock in period, per share value |
EquityIssuanceDuringPeriodDollarAmountPerShare
|
$0.30 | USD | Annual |
| Issuance of stock in period, per share value |
EquityIssuanceDuringPeriodDollarAmountPerShare
|
$0.00 | USD | 1 Quarter |
| Additional issuance of stock in period, per share value |
AdditionalEquityIssuanceDuringPeriodDollarAmountPerShare
|
$0.05 | USD | 3 Qtrs |
| Balance, values |
StockholdersEquity
|
$-63.33K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$-1.23K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$-37.46K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$2.92K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
- | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$-120.88K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$-6.65K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$-551.18K | USD | Point-in-time |
| Balance, shares |
CommonStockSharesOutstanding
|
3.17M | shares | Point-in-time |
| Balance, shares |
CommonStockSharesOutstanding
|
8.77M | shares | Point-in-time |
| Issuance of stock, values |
StockIssuedDuringPeriodValueNewIssues
|
$50.00K | USD | 3 Qtrs |
| Issuance of stock, values |
StockIssuedDuringPeriodValueNewIssues
|
- | USD | 1 Quarter |
| Issuance of stock, values |
StockIssuedDuringPeriodValueNewIssues
|
$503.09K | USD | Annual |
| Issuance of stock, values |
StockIssuedDuringPeriodValueNewIssues
|
$49.00K | USD | Annual |
| Issuance of additional stock, values |
StockIssuedDuringPeriodValueOther
|
$30.00K | USD | 3 Qtrs |
| Receipt of stock subscription receivable |
ReceiptOfStockSubscriptionReceivable
|
$10.00K | USD | Annual |
| Accrued interest waived by stockholders |
AdjustmentsToAdditionalPaidInCapitalOther
|
$9.06K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-69.89K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-5.86K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-30.81K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-58.57K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-4.86K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-1.23K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-31.51K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-72.79K | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-714.48K | USD | 24 Qtrs |
| Net loss |
NetIncomeLoss
|
$-6.86K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-513.72K | USD | Annual |
| Balance, values |
StockholdersEquity
|
$-63.33K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$-1.23K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$-37.46K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$2.92K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
- | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$-120.88K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$-6.65K | USD | Point-in-time |
| Balance, values |
StockholdersEquity
|
$-551.18K | USD | Point-in-time |
| Balance, shares |
CommonStockSharesOutstanding
|
3.17M | shares | Point-in-time |
| Balance, shares |
CommonStockSharesOutstanding
|
8.77M | shares | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.