10-Q Filing

WELL POWER, INC. CIK: 1400728 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001255294-14-001002`
Period End Date	20140731
Filing Date	20140922
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	wpwr-20140731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 36 Income Statement 12 Cash Flow Statement 28

Balance Sheet 36 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, shares authorized	`CommonStockSharesAuthorized`	4.50B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	4.50B	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$39.83K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	107.50M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$15.03K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	107.50M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.60K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$17.63K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$39.83K	USD	Point-in-time
Intangible Asset	`IntangibleAssetsCurrent`	$375.00K	USD	Point-in-time
Intangible Asset	`IntangibleAssetsCurrent`	$400.00K	USD	Point-in-time
Total Assets	`Assets`	$392.63K	USD	Point-in-time
Total Assets	`Assets`	$439.83K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$323.14K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$164.75K	USD	Point-in-time
Short-term loan payable	`ShortTermNonBankLoansAndNotesPayable`	$35.00K	USD	Point-in-time
Short-term loan payable	`ShortTermNonBankLoansAndNotesPayable`	$35.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrentAndNoncurrent`	$102.76K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrentAndNoncurrent`	$173.56K	USD	Point-in-time
Stock payable	`DebtInstrumentFairValue`	$280.24K	USD	Point-in-time
Stock payable	`DebtInstrumentFairValue`	$530.24K	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$741.13K	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$903.55K	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
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`	$1.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.80M	USD	Point-in-time
Accumulated deficit	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$2.21M	USD	Point-in-time
Accumulated deficit	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$2.42M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-510.92K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-301.30K	USD	Point-in-time
Total Liabilities And Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$439.83K	USD	Point-in-time
Total Liabilities And Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$392.63K	USD	Point-in-time

Income Statement 12 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$2.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$208.65K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$208.65K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$970.00	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-209.62K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.00K	USD	1 Quarter
Net Loss Per Common Share - Basic And Diluted	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	1 Quarter
Net Loss Per Common Share - Basic And Diluted	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	1 Quarter
Weighted Average Common Shares Outstanding - Basic And Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	107.50M	shares	1 Quarter
Weighted Average Common Shares Outstanding - Basic And Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	107.50M	shares	1 Quarter

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-209.62K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.00K	USD	1 Quarter
Prepaid expense	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	1 Quarter
Prepaid expense	`IncreaseDecreaseInOtherOperatingAssets`	$-2.60K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-133.38K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-345.60K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.00K	USD	1 Quarter
Net advances from related parties	`ProceedsFromRelatedPartyDebt`	$2.00K	USD	1 Quarter
Net advances from related parties	`ProceedsFromRelatedPartyDebt`	$70.80K	USD	1 Quarter
Proceeds from issuance of stock payable	`ProceedsFromIssuanceOfCommonStock`	$250.00K	USD	1 Quarter
Proceeds from issuance of stock payable	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$320.80K	USD	1 Quarter
Net Decrease In Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-24.80K	USD	1 Quarter
Net Decrease In Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
Cash - Beginning of Period	`Cash`	$15.03K	USD	Point-in-time
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`	$15.03K	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	1 Quarter
Interest paid	`InterestPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter

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