10-K Filing

WELL POWER, INC. CIK: 1400728 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001255294-14-000854`
Period End Date	20140430
Filing Date	20140813
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	wpwr-20140430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 22 Cash Flow Statement 34 Stockholders Equity 11

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	4.50B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.83K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	4.50B	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	107.50M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	2.15M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	107.50M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$39.83K	USD	Point-in-time
Intangible Asset	`IntangibleAssetsCurrent`	-	USD	Point-in-time
Intangible Asset	`IntangibleAssetsCurrent`	$400.00K	USD	Point-in-time
Total Assets	`Assets`	$439.83K	USD	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$5.10K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$323.14K	USD	Point-in-time
Short-term loan payable	`ShortTermNonBankLoansAndNotesPayable`	$35.00K	USD	Point-in-time
Short-term loan payable	`ShortTermNonBankLoansAndNotesPayable`	-	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrentAndNoncurrent`	$102.76K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrentAndNoncurrent`	$96.72K	USD	Point-in-time
Stock payable	`DebtInstrumentFairValue`	$280.24K	USD	Point-in-time
Stock payable	`DebtInstrumentFairValue`	-	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$101.82K	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$741.13K	USD	Point-in-time
Common stock, 4,500,000,000 shares authorized, $0.001 par value; 107,500,000 shares issued and outstanding	`CommonStockValue`	$2.15K	USD	Point-in-time
Common stock, 4,500,000,000 shares authorized, $0.001 par value; 107,500,000 shares issued and outstanding	`CommonStockValue`	$250.00K	USD	Point-in-time
Common stock, 4,500,000,000 shares authorized, $0.001 par value; 107,500,000 shares issued and outstanding	`CommonStockValue`	$107.50K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$40.85K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.80M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$2.21M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$144.82K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-82.06K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-301.30K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-101.82K	USD	Point-in-time
Total Liabilities And Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$439.83K	USD	Point-in-time
Total Liabilities And Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$57.20K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	-	USD	Annual
Transfer agent and filing fees	`FeesAndCommissionsTransferAgent`	-	USD	Annual
Transfer agent and filing fees	`FeesAndCommissionsTransferAgent`	$-16.56K	USD	Annual
Foreign exchange gain	`EffectOfExchangeRateOnCash`	-	USD	Annual
Foreign exchange gain	`EffectOfExchangeRateOnCash`	$2.82K	USD	Annual
Consulting fees	`CostOfServices`	$1.94M	USD	Annual
Consulting fees	`CostOfServices`	-	USD	Annual
Professional fees	`ProfessionalFees`	$47.36K	USD	Annual
Professional fees	`ProfessionalFees`	$19.76K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$-19.76K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$-2.06M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-19.76K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-2.06M	USD	Annual
Interest expense	`InterestExpense`	$1.30K	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
Net Loss	`NetIncomeLoss`	$-2.07M	USD	Annual
Net Loss	`NetIncomeLoss`	$-19.76K	USD	Annual
Net Loss Per Common Share - Basic And Diluted	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	Annual
Net Loss Per Common Share - Basic And Diluted	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.02	USD	Annual
Weighted Average Common Shares Outstanding - Basic And Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	107.50M	shares	Annual
Weighted Average Common Shares Outstanding - Basic And Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	107.50M	shares	Annual

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.07M	USD	Annual
Net loss	`NetIncomeLoss`	$-19.76K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	-	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$1.90M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$301.00	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-18.04K	USD	Annual
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-19.46K	USD	Annual
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-151.21K	USD	Annual
Purchase of license	`PurchaseOfLicense`	$-100.00K	USD	Annual
Purchase of license	`PurchaseOfLicense`	-	USD	Annual
Net Cash Provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net Cash Provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-100.00K	USD	Annual
Loans received from officer	`ProceedsFromLoansRelatedParties`	$6.04K	USD	Annual
Loans received from officer	`ProceedsFromLoansRelatedParties`	$19.46K	USD	Annual
Proceeds from issuance of stock payable	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of stock payable	`ProceedsFromIssuanceOfCommonStock`	$250.00K	USD	Annual
Proceeds from short-term loan payable	`ProceedsFromShortTermDebt`	-	USD	Annual
Proceeds from short-term loan payable	`ProceedsFromShortTermDebt`	$35.00K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$19.46K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$291.04K	USD	Annual
Net Increase In Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$39.83K	USD	Annual
Net Increase In Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Cash - Beginning of Period	`Cash`	-	USD	Point-in-time
Cash - Beginning of Period	`Cash`	-	USD	Point-in-time
Cash - Beginning of Period	`Cash`	$39.83K	USD	Point-in-time
Cash - End of Period	`Cash`	-	USD	Point-in-time
Cash - End of Period	`Cash`	-	USD	Point-in-time
Cash - End of Period	`Cash`	$39.83K	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
Payable incurred for purchase of license	`PurchaseOfLicenseForPayables`	$300.00K	USD	Annual
Payable incurred for purchase of license	`PurchaseOfLicenseForPayables`	-	USD	Annual

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, shares	`SharesIssued`	431,034.00	shares	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-82.06K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-301.30K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-101.82K	USD	Point-in-time
Stock-based compensation expense	`StockbasedCompensationExpense`	$1.87M	USD	Annual
Net loss	`NetIncomeLoss`	$-2.07M	USD	Annual
Net loss	`NetIncomeLoss`	$-19.76K	USD	Annual
Ending balance, shares	`SharesIssued`	431,034.00	shares	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-82.06K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-301.30K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-101.82K	USD	Point-in-time

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