10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001262463-13-000318 |
| Period End Date | 20120229 |
| Filing Date | 20130520 |
| Fiscal Year | 2012 |
| Fiscal Period | Q3 |
| XBRL Instance | prea-20120229.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
42 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 |
| Cash |
Cash
|
- | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
75.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
75.00M | shares | Point-in-time |
| Cash |
Cash
|
$9.12K | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
- | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
16.68M | shares | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$9.12K | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
16.68M | shares | Point-in-time |
| Deposits |
DepositAssets
|
$1.48K | USD | Point-in-time |
| Deposits |
DepositAssets
|
$1.21K | USD | Point-in-time |
| Total Other Assets |
OtherAssets
|
$1.48K | USD | Point-in-time |
| Total Other Assets |
OtherAssets
|
$1.21K | USD | Point-in-time |
| Total Assets |
Assets
|
$10.60K | USD | Point-in-time |
| Total Assets |
Assets
|
$1.21K | USD | Point-in-time |
| Bank Overdraft |
BankOverdrafts
|
- | USD | Point-in-time |
| Bank Overdraft |
BankOverdrafts
|
$19.30K | USD | Point-in-time |
| Accounts Payable and Accrued Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$148.40K | USD | Point-in-time |
| Accounts Payable and Accrued Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$120.73K | USD | Point-in-time |
| Accounts Payable Related Party (Note 4) |
AccountsPayableRelatedPartiesCurrent
|
$989.99K | USD | Point-in-time |
| Accounts Payable Related Party (Note 4) |
AccountsPayableRelatedPartiesCurrent
|
$985.81K | USD | Point-in-time |
| Loan Payable Related Party (Note 4) |
NotesPayableRelatedPartiesCurrent
|
- | USD | Point-in-time |
| Loan Payable Related Party (Note 4) |
NotesPayableRelatedPartiesCurrent
|
$86.49K | USD | Point-in-time |
| Accrued Interest Loans Payable |
InterestPayable
|
$9.62K | USD | Point-in-time |
| Accrued Interest Loans Payable |
InterestPayable
|
$4.06K | USD | Point-in-time |
| Convertible Note Payable |
ConvertibleDebtCurrent
|
- | USD | Point-in-time |
| Convertible Note Payable |
ConvertibleDebtCurrent
|
$59.13K | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$1.11M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$1.31M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$16.62K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$17.21K | USD | Point-in-time |
| Additional Paid-in Capital |
AdditionalPaidInCapital
|
$932.09K | USD | Point-in-time |
| Additional Paid-in Capital |
AdditionalPaidInCapital
|
$1.52M | USD | Point-in-time |
| Accumulated other Comprehensive Loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.52K | USD | Point-in-time |
| Accumulated other Comprehensive Loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.00K | USD | Point-in-time |
| Deficit Accumulated During the Development Stage |
RetainedEarningsAccumulatedDeficit
|
$-2.25M | USD | Point-in-time |
| Deficit Accumulated During the Development Stage |
RetainedEarningsAccumulatedDeficit
|
$-2.64M | USD | Point-in-time |
| Total Stockholders Deficit |
StockholdersEquity
|
$-1.10M | USD | Point-in-time |
| Total Stockholders Deficit |
StockholdersEquity
|
$-1.31M | USD | Point-in-time |
| Total Liabilities and Stockholders Deficit |
LiabilitiesAndStockholdersEquity
|
$10.60K | USD | Point-in-time |
| Total Liabilities and Stockholders Deficit |
LiabilitiesAndStockholdersEquity
|
$1.21K | USD | Point-in-time |
Income Statement
78 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Consulting fees |
ConsultingFees
|
$533.69K | USD | 16 Qtrs |
| Consulting fees |
ConsultingFees
|
$30.00K | USD | 1 Quarter |
| Consulting fees |
ConsultingFees
|
$30.00K | USD | 1 Quarter |
| Consulting fees |
ConsultingFees
|
$90.00K | USD | 3 Qtrs |
| Consulting fees |
ConsultingFees
|
$90.00K | USD | 3 Qtrs |
| Professional fees |
ProfessionalFees
|
$310.55K | USD | 16 Qtrs |
| Professional fees |
ProfessionalFees
|
$85.54K | USD | 3 Qtrs |
| Professional fees |
ProfessionalFees
|
$24.33K | USD | 3 Qtrs |
| Professional fees |
ProfessionalFees
|
- | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$32.12K | USD | 1 Quarter |
| Office and administration |
GeneralAndAdministrativeExpense
|
$46.53K | USD | 3 Qtrs |
| Office and administration |
GeneralAndAdministrativeExpense
|
$38.08K | USD | 3 Qtrs |
| Office and administration |
GeneralAndAdministrativeExpense
|
$23.38K | USD | 1 Quarter |
| Office and administration |
GeneralAndAdministrativeExpense
|
$15.08K | USD | 1 Quarter |
| Office and administration |
GeneralAndAdministrativeExpense
|
$251.06K | USD | 16 Qtrs |
| Research and development |
ResearchAndDevelopmentExpense
|
$164.06K | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpense
|
$55.16K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$186.50K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$444.54K | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpense
|
$1.18M | USD | 16 Qtrs |
| Wages and benefits |
SalariesAndWages
|
$26.52K | USD | 1 Quarter |
| Wages and benefits |
SalariesAndWages
|
$239.28K | USD | 16 Qtrs |
| Wages and benefits |
SalariesAndWages
|
$21.02K | USD | 1 Quarter |
| Wages and benefits |
SalariesAndWages
|
$74.91K | USD | 3 Qtrs |
| Wages and benefits |
SalariesAndWages
|
$44.01K | USD | 3 Qtrs |
| Rent |
LeaseAndRentalExpense
|
$4.22K | USD | 1 Quarter |
| Rent |
LeaseAndRentalExpense
|
$13.48K | USD | 3 Qtrs |
| Rent |
LeaseAndRentalExpense
|
$46.06K | USD | 16 Qtrs |
| Rent |
LeaseAndRentalExpense
|
$14.34K | USD | 3 Qtrs |
| Rent |
LeaseAndRentalExpense
|
$5.83K | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-135.39K | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-383.28K | USD | 3 Qtrs |
| Operating loss |
OperatingIncomeLoss
|
$-746.55K | USD | 3 Qtrs |
| Operating loss |
OperatingIncomeLoss
|
$-2.56M | USD | 16 Qtrs |
| Operating loss |
OperatingIncomeLoss
|
$-294.43K | USD | 1 Quarter |
| Commission income |
CommissionIncome
|
$46.00 | USD | 3 Qtrs |
| Commission income |
CommissionIncome
|
$46.00 | USD | 16 Qtrs |
| Commission income |
CommissionIncome
|
- | USD | 1 Quarter |
| Commission income |
CommissionIncome
|
- | USD | 1 Quarter |
| Commission income |
CommissionIncome
|
- | USD | 3 Qtrs |
| Interest income |
InterestIncomeOperating
|
$638.00 | USD | 16 Qtrs |
| Interest income |
InterestIncomeOperating
|
- | USD | 3 Qtrs |
| Interest income |
InterestIncomeOperating
|
- | USD | 3 Qtrs |
| Interest income |
InterestIncomeOperating
|
- | USD | 1 Quarter |
| Interest income |
InterestIncomeOperating
|
- | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-3.70K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-7.14K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-11.43K | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$-57.52K | USD | 16 Qtrs |
| Interest expense |
InterestExpense
|
$-14.60K | USD | 3 Qtrs |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
$-8.74K | USD | 1 Quarter |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
- | USD | 1 Quarter |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
- | USD | 3 Qtrs |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
$-22.99K | USD | 16 Qtrs |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
$7.93K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-761.15K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-147.83K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-2.64M | USD | 16 Qtrs |
| Net loss |
NetIncomeLoss
|
$-301.57K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-386.74K | USD | 3 Qtrs |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$-10.04K | USD | 1 Quarter |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$-408.00 | USD | 1 Quarter |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$-2.00K | USD | 16 Qtrs |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$-33.41K | USD | 3 Qtrs |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$528.00 | USD | 3 Qtrs |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTax
|
$-148.24K | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTax
|
$-2.64M | USD | 16 Qtrs |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTax
|
$-311.61K | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTax
|
$-386.21K | USD | 3 Qtrs |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTax
|
$-794.56K | USD | 3 Qtrs |
| Basic and diluted loss per share |
EarningsPerShareBasicAndDiluted
|
$-0.02 | USD | 3 Qtrs |
| Basic and diluted loss per share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 1 Quarter |
| Basic and diluted loss per share |
EarningsPerShareBasicAndDiluted
|
$-0.05 | USD | 3 Qtrs |
| Basic and diluted loss per share |
EarningsPerShareBasicAndDiluted
|
$-0.02 | USD | 1 Quarter |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
17.21M | shares | 3 Qtrs |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
16.28M | shares | 1 Quarter |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
16.03M | shares | 3 Qtrs |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
17.21M | shares | 1 Quarter |
Cash Flow Statement
75 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-761.15K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-147.83K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-2.64M | USD | 16 Qtrs |
| Net loss |
NetIncomeLoss
|
$-301.57K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-386.74K | USD | 3 Qtrs |
| Amortization of debt discount |
AmortizationOfDebtDiscountPremium
|
- | USD | 3 Qtrs |
| Amortization of debt discount |
AmortizationOfDebtDiscountPremium
|
$28.50K | USD | 16 Qtrs |
| Amortization of debt discount |
AmortizationOfDebtDiscountPremium
|
- | USD | 3 Qtrs |
| Decrease (increase) in trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$4.30K | USD | 16 Qtrs |
| Decrease (increase) in trade receivables |
IncreaseDecreaseInAccountsReceivable
|
- | USD | 3 Qtrs |
| Decrease (increase) in trade receivables |
IncreaseDecreaseInAccountsReceivable
|
- | USD | 3 Qtrs |
| Decrease (increase) in rent deposit |
IncreaseDecreaseInCustomerAdvancesAndDeposits
|
- | USD | 3 Qtrs |
| Decrease (increase) in rent deposit |
IncreaseDecreaseInCustomerAdvancesAndDeposits
|
$-270.00 | USD | 3 Qtrs |
| Decrease (increase) in rent deposit |
IncreaseDecreaseInCustomerAdvancesAndDeposits
|
$-1.48K | USD | 16 Qtrs |
| Increase (decrease) in accounts payable related party |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$172.97K | USD | 3 Qtrs |
| Increase (decrease) in accounts payable related party |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$305.67K | USD | 3 Qtrs |
| Increase (decrease) in accounts payable related party |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$993.48K | USD | 16 Qtrs |
| Increase (decrease) in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$207.34K | USD | 16 Qtrs |
| Increase (decrease) in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-27.67K | USD | 3 Qtrs |
| Increase (decrease) in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-22.64K | USD | 3 Qtrs |
| Increase (decrease) in accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$11.43K | USD | 3 Qtrs |
| Increase (decrease) in accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$33.68K | USD | 16 Qtrs |
| Increase (decrease) in accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$3.72K | USD | 3 Qtrs |
| Cash Flows used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-474.39K | USD | 3 Qtrs |
| Cash Flows used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.37M | USD | 16 Qtrs |
| Cash Flows used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-230.28K | USD | 3 Qtrs |
| Cash received from note receivable |
ProceedsFromCollectionOfNotesReceivable
|
- | USD | 3 Qtrs |
| Cash received from note receivable |
ProceedsFromCollectionOfNotesReceivable
|
- | USD | 3 Qtrs |
| Cash received from note receivable |
ProceedsFromCollectionOfNotesReceivable
|
$49.28K | USD | 16 Qtrs |
| Cash acquired from business combination |
CashAcquiredFromBusinessCombination
|
- | USD | 3 Qtrs |
| Cash acquired from business combination |
CashAcquiredFromBusinessCombination
|
$86.69K | USD | 16 Qtrs |
| Cash acquired from business combination |
CashAcquiredFromBusinessCombination
|
- | USD | 3 Qtrs |
| Cash Flow provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$135.97K | USD | 16 Qtrs |
| Cash Flow provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 3 Qtrs |
| Cash Flow provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 3 Qtrs |
| Overdraft in bank |
ProceedsFromRepaymentsOfBankOverdrafts
|
$5.00 | USD | 16 Qtrs |
| Overdraft in bank |
ProceedsFromRepaymentsOfBankOverdrafts
|
$-19.28K | USD | 3 Qtrs |
| Overdraft in bank |
ProceedsFromRepaymentsOfBankOverdrafts
|
- | USD | 3 Qtrs |
| Proceeds from loan payable related party |
ProceedsFromRelatedPartyDebt
|
$9.47K | USD | 3 Qtrs |
| Proceeds from loan payable related party |
ProceedsFromRelatedPartyDebt
|
$119.80K | USD | 16 Qtrs |
| Proceeds from loan payable related party |
ProceedsFromRelatedPartyDebt
|
$6.96K | USD | 3 Qtrs |
| Repayment of loan payable |
RepaymentsOfDebt
|
- | USD | 3 Qtrs |
| Repayment of loan payable |
RepaymentsOfDebt
|
$-25.00K | USD | 16 Qtrs |
| Repayment of loan payable |
RepaymentsOfDebt
|
- | USD | 3 Qtrs |
| Proceeds from loan payable convertible debenture |
ProceedsFromConvertibleDebt
|
- | USD | 3 Qtrs |
| Proceeds from loan payable convertible debenture |
ProceedsFromConvertibleDebt
|
$46.51K | USD | 16 Qtrs |
| Proceeds from loan payable convertible debenture |
ProceedsFromConvertibleDebt
|
- | USD | 3 Qtrs |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
$245.00K | USD | 3 Qtrs |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
$1.10M | USD | 16 Qtrs |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
$652.50K | USD | 3 Qtrs |
| Cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$661.97K | USD | 3 Qtrs |
| Cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$232.68K | USD | 3 Qtrs |
| Cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.24M | USD | 16 Qtrs |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-33.05K | USD | 3 Qtrs |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$6.94K | USD | 16 Qtrs |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$6.71K | USD | 3 Qtrs |
| Increase (decrease) in cash during the period |
CashPeriodIncreaseDecrease
|
$156.53K | USD | 3 Qtrs |
| Increase (decrease) in cash during the period |
CashPeriodIncreaseDecrease
|
$9.12K | USD | 16 Qtrs |
| Increase (decrease) in cash during the period |
CashPeriodIncreaseDecrease
|
$9.12K | USD | 3 Qtrs |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$160.57K | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.05K | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.12K | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$160.57K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.05K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.12K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Common stock issued for acquisition of subsidiary |
StockIssuedDuringPeriodValueAcquisitions
|
- | USD | 3 Qtrs |
| Common stock issued for acquisition of subsidiary |
StockIssuedDuringPeriodValueAcquisitions
|
$12.00K | USD | 16 Qtrs |
| Common stock issued for acquisition of subsidiary |
StockIssuedDuringPeriodValueAcquisitions
|
- | USD | 3 Qtrs |
| Common stock issued for debt |
StockIssued1
|
- | USD | 3 Qtrs |
| Common stock issued for debt |
StockIssued1
|
$369.57K | USD | 16 Qtrs |
| Common stock issued for debt |
StockIssued1
|
$344.57K | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.