10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001262463-14-000237 |
| Period End Date | 20120831 |
| Filing Date | 20140331 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | prea-20120831.xml |
Filing Contents
This filing contains the following financial statements:
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 |
| Cash |
Cash
|
$15.61K | 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
|
$8.47K | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$15.61K | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
17.65M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
17.65M | shares | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$8.47K | USD | Point-in-time |
| Intangible Software Costs |
IntangibleSoftwareCosts
|
- | USD | Point-in-time |
| Intangible Software Costs |
IntangibleSoftwareCosts
|
$51.11K | USD | Point-in-time |
| Total Other Assets |
OtherAssets
|
- | USD | Point-in-time |
| Total Other Assets |
OtherAssets
|
$51.11K | USD | Point-in-time |
| Total Assets |
Assets
|
$8.47K | USD | Point-in-time |
| Total Assets |
Assets
|
$66.72K | USD | Point-in-time |
| Accounts Payable and Accrued Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$129.25K | USD | Point-in-time |
| Accounts Payable and Accrued Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$139.71K | USD | Point-in-time |
| Accounts Payable and Accrued Liabilities Related Party |
AccountsPayableAndAccruedLiabilitiesRelatedParty
|
$627.52K | USD | Point-in-time |
| Accounts Payable and Accrued Liabilities Related Party |
AccountsPayableAndAccruedLiabilitiesRelatedParty
|
$681.52K | USD | Point-in-time |
| Loan Payable |
NotesAndLoansPayableCurrent
|
$433.13K | USD | Point-in-time |
| Loan Payable |
NotesAndLoansPayableCurrent
|
$471.11K | USD | Point-in-time |
| Accrued Interest Loans Payable |
InterestPayableCurrent
|
$6.09K | USD | Point-in-time |
| Accrued Interest Loans Payable |
InterestPayableCurrent
|
$5.33K | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$1.20M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$1.30M | USD | Point-in-time |
| Common Stock |
CommonStockValue
|
$17.65K | USD | Point-in-time |
| Common Stock |
CommonStockValue
|
$17.65K | USD | Point-in-time |
| Stock Subscription Receivable |
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
|
$-120.00 | USD | Point-in-time |
| Stock Subscription Receivable |
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
|
$-170.00 | USD | Point-in-time |
| Additional Paid-in Capital |
AdditionalPaidInCapital
|
$1.65M | USD | Point-in-time |
| Additional Paid-in Capital |
AdditionalPaidInCapital
|
$1.62M | USD | Point-in-time |
| Accumulated other Comprehensive Loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.54K | USD | Point-in-time |
| Accumulated other Comprehensive Loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.13K | USD | Point-in-time |
| Deficit Accumulated During the Development Stage |
RetainedEarningsAccumulatedDeficit
|
$-2.82M | USD | Point-in-time |
| Deficit Accumulated During the Development Stage |
RetainedEarningsAccumulatedDeficit
|
$-2.89M | USD | Point-in-time |
| Total Stockholders Deficit |
StockholdersEquity
|
$-1.23M | USD | Point-in-time |
| Total Stockholders Deficit |
StockholdersEquity
|
$-1.19M | USD | Point-in-time |
| Total Liabilities and Stockholders Deficit |
LiabilitiesAndStockholdersEquity
|
$66.72K | USD | Point-in-time |
| Total Liabilities and Stockholders Deficit |
LiabilitiesAndStockholdersEquity
|
$8.47K | USD | Point-in-time |
Income Statement
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Consulting fees |
ConsultingFees
|
$32.49K | USD | 1 Quarter |
| Consulting fees |
ConsultingFees
|
$30.00K | USD | 1 Quarter |
| Consulting fees |
ConsultingFees
|
$596.18K | USD | 18 Qtrs |
| Professional fees |
ProfessionalFees
|
$24.33K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
- | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$322.55K | USD | 18 Qtrs |
| Office and administration |
GeneralAndAdministrativeExpense
|
$10.24K | USD | 1 Quarter |
| Office and administration |
GeneralAndAdministrativeExpense
|
$292.88K | USD | 18 Qtrs |
| Office and administration |
GeneralAndAdministrativeExpense
|
$9.95K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
- | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$79.34K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$1.26M | USD | 18 Qtrs |
| Wages and benefits |
SalariesAndWages
|
$21.02K | USD | 1 Quarter |
| Wages and benefits |
SalariesAndWages
|
$281.56K | USD | 18 Qtrs |
| Wages and benefits |
SalariesAndWages
|
$8.83K | USD | 1 Quarter |
| Rent |
LeaseAndRentalExpense
|
$3.02K | USD | 1 Quarter |
| Rent |
LeaseAndRentalExpense
|
$54.49K | USD | 18 Qtrs |
| Rent |
LeaseAndRentalExpense
|
$4.32K | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-157.06K | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-66.47K | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-2.80M | USD | 18 Qtrs |
| Commission income |
CommissionIncome
|
$48.00 | USD | 1 Quarter |
| Commission income |
CommissionIncome
|
- | USD | 1 Quarter |
| Commission income |
CommissionIncome
|
$47.00 | USD | 18 Qtrs |
| Interest income |
InterestIncomeOperating
|
$639.00 | USD | 18 Qtrs |
| Interest income |
InterestIncomeOperating
|
- | USD | 1 Quarter |
| Interest income |
InterestIncomeOperating
|
- | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-4.29K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-760.00 | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-59.55K | USD | 18 Qtrs |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
$736.00 | USD | 1 Quarter |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
$-2.12K | USD | 1 Quarter |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
$-29.79K | USD | 18 Qtrs |
| Net loss |
NetIncomeLoss
|
$-69.36K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-160.56K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-2.89M | USD | 18 Qtrs |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$45.00 | USD | 1 Quarter |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$-2.13K | USD | 18 Qtrs |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$-582.00 | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTax
|
$-69.94K | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTax
|
$-160.52K | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTax
|
$-2.89M | USD | 18 Qtrs |
| Basic and diluted loss per share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 1 Quarter |
| Basic and diluted loss per share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 1 Quarter |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
16.68M | shares | 1 Quarter |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
17.65M | shares | 1 Quarter |
Cash Flow Statement
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-69.36K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-160.56K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-2.89M | USD | 18 Qtrs |
| Amortization of debt discount |
AmortizationOfDebtDiscountPremium
|
- | USD | 1 Quarter |
| Amortization of debt discount |
AmortizationOfDebtDiscountPremium
|
$28.50K | USD | 18 Qtrs |
| Amortization of debt discount |
AmortizationOfDebtDiscountPremium
|
- | USD | 1 Quarter |
| Decrease (increase) in trade receivables |
IncreaseDecreaseInOtherReceivables
|
- | USD | 1 Quarter |
| Decrease (increase) in trade receivables |
IncreaseDecreaseInOtherReceivables
|
- | USD | 1 Quarter |
| Decrease (increase) in trade receivables |
IncreaseDecreaseInOtherReceivables
|
$4.30K | USD | 18 Qtrs |
| Decrease (increase) in rent deposit |
IncreaseDecreaseInPrepaidRent
|
- | USD | 1 Quarter |
| Decrease (increase) in rent deposit |
IncreaseDecreaseInPrepaidRent
|
- | USD | 1 Quarter |
| Decrease (increase) in rent deposit |
IncreaseDecreaseInPrepaidRent
|
$-1.48K | USD | 18 Qtrs |
| Increase (decrease) in accounts payable related party |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$119.19K | USD | 1 Quarter |
| Increase (decrease) in accounts payable related party |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$53.99K | USD | 1 Quarter |
| Increase (decrease) in accounts payable related party |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$1.12M | USD | 18 Qtrs |
| Increase (decrease) in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$12.54K | USD | 1 Quarter |
| Increase (decrease) in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$10.46K | USD | 1 Quarter |
| Increase (decrease) in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$226.32K | USD | 18 Qtrs |
| Increase (decrease) in accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$35.71K | USD | 18 Qtrs |
| Increase (decrease) in accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$759.00 | USD | 1 Quarter |
| Increase (decrease) in accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$4.29K | USD | 1 Quarter |
| Cash Flows used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-4.15K | USD | 1 Quarter |
| Cash Flows used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.48M | USD | 18 Qtrs |
| Cash Flows used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-24.54K | USD | 1 Quarter |
| Cash to Acquire Software |
CashToAcquireSoftware
|
$-51.11K | USD | 1 Quarter |
| Cash to Acquire Software |
CashToAcquireSoftware
|
$-51.11K | USD | 18 Qtrs |
| Cash to Acquire Software |
CashToAcquireSoftware
|
- | USD | 1 Quarter |
| Cash received from note receivable |
ProceedsFromCollectionOfNotesReceivable
|
$49.28K | USD | 18 Qtrs |
| Cash received from note receivable |
ProceedsFromCollectionOfNotesReceivable
|
- | USD | 1 Quarter |
| Cash received from note receivable |
ProceedsFromCollectionOfNotesReceivable
|
- | USD | 1 Quarter |
| Cash acquired from business combination |
CashAcquiredFromBusinessCombination
|
- | USD | 1 Quarter |
| Cash acquired from business combination |
CashAcquiredFromBusinessCombination
|
- | USD | 1 Quarter |
| Cash acquired from business combination |
CashAcquiredFromBusinessCombination
|
$86.69K | USD | 18 Qtrs |
| Cash Flow provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$84.86K | USD | 18 Qtrs |
| Cash Flow provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Cash Flow provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-51.11K | USD | 1 Quarter |
| Overdraft in bank |
ProceedsFromRepaymentsOfBankOverdrafts
|
$-19.28K | USD | 1 Quarter |
| Overdraft in bank |
ProceedsFromRepaymentsOfBankOverdrafts
|
- | USD | 1 Quarter |
| Overdraft in bank |
ProceedsFromRepaymentsOfBankOverdrafts
|
$-4.00 | USD | 18 Qtrs |
| Proceeds from loan payable related party |
ProceedsFromRelatedPartyDebt
|
$157.78K | USD | 18 Qtrs |
| Proceeds from loan payable related party |
ProceedsFromRelatedPartyDebt
|
$37.98K | USD | 1 Quarter |
| Proceeds from loan payable related party |
ProceedsFromRelatedPartyDebt
|
$10.11K | USD | 1 Quarter |
| Repayment of loan payable |
RepaymentsOfDebt
|
- | USD | 1 Quarter |
| Repayment of loan payable |
RepaymentsOfDebt
|
- | USD | 1 Quarter |
| Repayment of loan payable |
RepaymentsOfDebt
|
$-25.00K | USD | 18 Qtrs |
| Proceeds from loan payable convertible debenture |
ProceedsFromConvertibleDebt
|
- | USD | 1 Quarter |
| Proceeds from loan payable convertible debenture |
ProceedsFromConvertibleDebt
|
$46.51K | USD | 18 Qtrs |
| Proceeds from loan payable convertible debenture |
ProceedsFromConvertibleDebt
|
- | USD | 1 Quarter |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
$60.00K | USD | 1 Quarter |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
$1.22M | USD | 18 Qtrs |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
$25.00K | USD | 1 Quarter |
| Cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$50.82K | USD | 1 Quarter |
| Cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$62.98K | USD | 1 Quarter |
| Cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.40M | USD | 18 Qtrs |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$6.45K | USD | 18 Qtrs |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-582.00 | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-17.00 | USD | 1 Quarter |
| Increase (decrease) in cash during the period |
CashPeriodIncreaseDecrease
|
$18.32K | USD | 18 Qtrs |
| Increase (decrease) in cash during the period |
CashPeriodIncreaseDecrease
|
$26.27K | USD | 1 Quarter |
| Increase (decrease) in cash during the period |
CashPeriodIncreaseDecrease
|
$7.21K | USD | 1 Quarter |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.47K | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$26.27K | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$18.32K | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.47K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$26.27K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$18.32K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Common stock issued for acquisition of subsidiary |
StockIssuedDuringPeriodValueAcquisitions
|
- | USD | 1 Quarter |
| Common stock issued for acquisition of subsidiary |
StockIssuedDuringPeriodValueAcquisitions
|
- | USD | 1 Quarter |
| Common stock issued for acquisition of subsidiary |
StockIssuedDuringPeriodValueAcquisitions
|
$12.00K | USD | 18 Qtrs |
| Common stock issued for debt |
StockIssued1
|
- | USD | 1 Quarter |
| Common stock issued for debt |
StockIssued1
|
- | USD | 1 Quarter |
| Common stock issued for debt |
StockIssued1
|
$369.57K | USD | 18 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.