10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001262463-15-000285 |
| Period End Date | 20150228 |
| Filing Date | 20150420 |
| Fiscal Year | 2015 |
| Fiscal Period | Q3 |
| XBRL Instance | prex-20150228.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
|
$2.98K | 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
|
$8.53K | 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
|
$2.98K | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$8.53K | USD | Point-in-time |
| Intangible Software Costs |
IntangibleSoftwareCosts
|
$102.15K | USD | Point-in-time |
| Intangible Software Costs |
IntangibleSoftwareCosts
|
$102.15K | USD | Point-in-time |
| Amortization Software Costs |
CapitalizedComputerSoftwareAccumulatedAmortization
|
- | USD | Point-in-time |
| Amortization Software Costs |
CapitalizedComputerSoftwareAccumulatedAmortization
|
$-25.54K | USD | Point-in-time |
| Total Other Assets |
OtherAssets
|
$102.15K | USD | Point-in-time |
| Total Other Assets |
OtherAssets
|
$76.61K | USD | Point-in-time |
| Total Assets |
Assets
|
$110.68K | USD | Point-in-time |
| Total Assets |
Assets
|
$79.59K | USD | Point-in-time |
| Bank Overdraft |
BankOverdrafts
|
- | USD | Point-in-time |
| Bank Overdraft |
BankOverdrafts
|
- | USD | Point-in-time |
| Accounts Payable and Accrued Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$177.92K | USD | Point-in-time |
| Accounts Payable and Accrued Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$183.72K | USD | Point-in-time |
| Accounts Payable Related Party (Note 4) |
AccountsPayableRelatedPartiesCurrent
|
$1.06M | USD | Point-in-time |
| Accounts Payable Related Party (Note 4) |
AccountsPayableRelatedPartiesCurrent
|
$961.44K | USD | Point-in-time |
| Loan Payable |
NotesAndLoansPayableCurrent
|
$446.52K | USD | Point-in-time |
| Loan Payable |
NotesAndLoansPayableCurrent
|
$418.76K | USD | Point-in-time |
| Accrued Interest Loans Payable |
InterestPayableCurrent
|
$12.50K | USD | Point-in-time |
| Accrued Interest Loans Payable |
InterestPayableCurrent
|
$13.40K | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$1.67M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$1.60M | USD | Point-in-time |
| Common Stock |
CommonStockValue
|
$17.65K | USD | Point-in-time |
| Common Stock |
CommonStockValue
|
$17.65K | USD | Point-in-time |
| Additional Paid-in Capital |
AdditionalPaidInCapital
|
$1.71M | USD | Point-in-time |
| Additional Paid-in Capital |
AdditionalPaidInCapital
|
$1.71M | USD | Point-in-time |
| Accumulated other Comprehensive Loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$14.14K | USD | Point-in-time |
| Accumulated other Comprehensive Loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$44.28K | USD | Point-in-time |
| Deficit Accumulated |
RetainedEarningsAccumulatedDeficit
|
$-3.23M | USD | Point-in-time |
| Deficit Accumulated |
RetainedEarningsAccumulatedDeficit
|
$-3.36M | USD | Point-in-time |
| Total Stockholders Deficit |
StockholdersEquity
|
$-1.59M | USD | Point-in-time |
| Total Stockholders Deficit |
StockholdersEquity
|
$-1.49M | USD | Point-in-time |
| Total Liabilities and Stockholders Deficit |
LiabilitiesAndStockholdersEquity
|
$79.59K | USD | Point-in-time |
| Total Liabilities and Stockholders Deficit |
LiabilitiesAndStockholdersEquity
|
$110.68K | USD | Point-in-time |
Income Statement
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Consulting fees |
ConsultingFees
|
$90.00K | USD | 3 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 |
| Professional fees |
ProfessionalFees
|
$19.71K | USD | 3 Qtrs |
| Professional fees |
ProfessionalFees
|
- | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
- | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
- | USD | 3 Qtrs |
| Office and administration |
GeneralAndAdministrativeExpense
|
$2.16K | USD | 1 Quarter |
| Office and administration |
GeneralAndAdministrativeExpense
|
$4.78K | USD | 1 Quarter |
| Office and administration |
GeneralAndAdministrativeExpense
|
$11.92K | USD | 3 Qtrs |
| Office and administration |
GeneralAndAdministrativeExpense
|
$8.08K | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpense
|
$22.64K | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpense
|
- | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpense
|
- | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
- | USD | 1 Quarter |
| Amortization Software |
AmortizationOfIntangibleAssets
|
$25.54K | USD | 3 Qtrs |
| Amortization Software |
AmortizationOfIntangibleAssets
|
- | USD | 1 Quarter |
| Amortization Software |
AmortizationOfIntangibleAssets
|
$8.51K | USD | 1 Quarter |
| Amortization Software |
AmortizationOfIntangibleAssets
|
- | USD | 3 Qtrs |
| Wages and benefits |
SalariesAndWages
|
- | USD | 1 Quarter |
| Wages and benefits |
SalariesAndWages
|
- | USD | 3 Qtrs |
| Wages and benefits |
SalariesAndWages
|
- | USD | 1 Quarter |
| Wages and benefits |
SalariesAndWages
|
- | USD | 3 Qtrs |
| Rent |
LeaseAndRentalExpense
|
- | USD | 1 Quarter |
| Rent |
LeaseAndRentalExpense
|
- | USD | 3 Qtrs |
| Rent |
LeaseAndRentalExpense
|
- | USD | 1 Quarter |
| Rent |
LeaseAndRentalExpense
|
- | USD | 3 Qtrs |
| Total Operating Loss |
OperatingExpenses
|
$144.27K | USD | 3 Qtrs |
| Total Operating Loss |
OperatingExpenses
|
$40.67K | USD | 1 Quarter |
| Total Operating Loss |
OperatingExpenses
|
$34.78K | USD | 1 Quarter |
| Total Operating Loss |
OperatingExpenses
|
$123.62K | USD | 3 Qtrs |
| Operating loss |
OperatingIncomeLoss
|
$-34.78K | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-40.67K | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-144.27K | USD | 3 Qtrs |
| Operating loss |
OperatingIncomeLoss
|
$-123.62K | USD | 3 Qtrs |
| Other income |
OtherIncome
|
- | USD | 1 Quarter |
| Other income |
OtherIncome
|
- | USD | 1 Quarter |
| Other income |
OtherIncome
|
$48.00 | USD | 3 Qtrs |
| Other income |
OtherIncome
|
$1.00 | USD | 3 Qtrs |
| Interest income |
InterestIncomeOperating
|
- | USD | 3 Qtrs |
| Interest income |
InterestIncomeOperating
|
- | USD | 1 Quarter |
| Interest income |
InterestIncomeOperating
|
- | USD | 3 Qtrs |
| Interest income |
InterestIncomeOperating
|
- | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-987.00 | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-906.00 | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$654.00 | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-2.28K | USD | 3 Qtrs |
| Total Other Income (Expenses) |
OtherExpenses
|
$-858.00 | USD | 3 Qtrs |
| Total Other Income (Expenses) |
OtherExpenses
|
$-987.00 | USD | 1 Quarter |
| Total Other Income (Expenses) |
OtherExpenses
|
$654.00 | USD | 1 Quarter |
| Total Other Income (Expenses) |
OtherExpenses
|
$-2.28K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-35.77K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-40.02K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-124.48K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-146.55K | USD | 3 Qtrs |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
- | USD | 3 Qtrs |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
$7.55K | USD | 3 Qtrs |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
$1.76K | USD | 1 Quarter |
| Foreign currency transaction income (expense) |
ForeignCurrencyTransactionGainBeforeTax
|
- | USD | 1 Quarter |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$299.00 | USD | 1 Quarter |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$166.00 | USD | 3 Qtrs |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$23.96K | USD | 1 Quarter |
| Foreign currency translation |
ForeignCurrencyTransactionGainLossRealized
|
$30.15K | USD | 3 Qtrs |
| Comprehensive loss for period |
ComprehensiveIncomeNetOfTax
|
$-138.83K | USD | 3 Qtrs |
| Comprehensive loss for period |
ComprehensiveIncomeNetOfTax
|
$-94.33K | USD | 3 Qtrs |
| Comprehensive loss for period |
ComprehensiveIncomeNetOfTax
|
$-16.06K | USD | 1 Quarter |
| Comprehensive loss for period |
ComprehensiveIncomeNetOfTax
|
$-33.70K | USD | 1 Quarter |
| Basic and diluted loss per share |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Basic and diluted loss per share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 3 Qtrs |
| Basic and diluted loss per share |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Basic and diluted loss per share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 3 Qtrs |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
17.65M | shares | 1 Quarter |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
17.65M | shares | 3 Qtrs |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
16.65M | shares | 3 Qtrs |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
16.65M | shares | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-35.77K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-40.02K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-124.48K | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-146.55K | USD | 3 Qtrs |
| Amortization of Software |
AmortizationOfIntangibleAssets
|
$25.54K | USD | 3 Qtrs |
| Amortization of Software |
AmortizationOfIntangibleAssets
|
- | USD | 1 Quarter |
| Amortization of Software |
AmortizationOfIntangibleAssets
|
$8.51K | USD | 1 Quarter |
| Amortization of Software |
AmortizationOfIntangibleAssets
|
- | USD | 3 Qtrs |
| Decrease (increase) in trade receivables |
IncreaseDecreaseInOtherReceivables
|
- | USD | 3 Qtrs |
| Decrease (increase) in trade receivables |
IncreaseDecreaseInOtherReceivables
|
- | USD | 3 Qtrs |
| Decrease (increase) in rent deposit |
IncreaseDecreaseInPrepaidRent
|
- | USD | 3 Qtrs |
| Decrease (increase) in rent deposit |
IncreaseDecreaseInPrepaidRent
|
- | USD | 3 Qtrs |
| Increase (decrease) in accounts payable related party |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$141.65K | USD | 3 Qtrs |
| Increase (decrease) in accounts payable related party |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$95.90K | USD | 3 Qtrs |
| Increase (decrease) in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-5.91K | USD | 3 Qtrs |
| Increase (decrease) in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-3.48K | USD | 3 Qtrs |
| Increase (decrease) in accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$906.00 | USD | 3 Qtrs |
| Increase (decrease) in accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$2.28K | USD | 3 Qtrs |
| Cash Flows used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-982.00 | USD | 3 Qtrs |
| Cash Flows used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-5.61K | USD | 3 Qtrs |
| Cash to Acquire Software |
PaymentsToAcquireAssetsInvestingActivities
|
- | USD | 3 Qtrs |
| Cash to Acquire Software |
PaymentsToAcquireAssetsInvestingActivities
|
- | USD | 3 Qtrs |
| Cash received from Note Receivable |
ProceedsFromCollectionOfNotesReceivable
|
- | USD | 3 Qtrs |
| Cash received from Note Receivable |
ProceedsFromCollectionOfNotesReceivable
|
- | USD | 3 Qtrs |
| Cash Acquired from business combination |
CashAcquiredFromBusinessCombination
|
- | USD | 3 Qtrs |
| Cash Acquired from business combination |
CashAcquiredFromBusinessCombination
|
- | USD | 3 Qtrs |
| Cash flows used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 3 Qtrs |
| Cash flows used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 3 Qtrs |
| Overdraft in bank |
ProceedsFromRepaymentsOfBankOverdrafts
|
- | USD | 3 Qtrs |
| Overdraft in bank |
ProceedsFromRepaymentsOfBankOverdrafts
|
- | USD | 3 Qtrs |
| Proceeds from loan payable related party |
ProceedsFromRelatedPartyDebt
|
- | USD | 3 Qtrs |
| Proceeds from loan payable related party |
ProceedsFromRelatedPartyDebt
|
- | USD | 3 Qtrs |
| Repayment of loan payable |
RepaymentsOfDebt
|
$-30.09K | USD | 3 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
|
- | USD | 3 Qtrs |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 3 Qtrs |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 3 Qtrs |
| Cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 3 Qtrs |
| Cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-30.09K | USD | 3 Qtrs |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-885.00 | USD | 3 Qtrs |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$30.15K | USD | 3 Qtrs |
| Increase (decrease) in cash during the period |
CashPeriodIncreaseDecrease
|
$-5.55K | USD | 3 Qtrs |
| Increase (decrease) in cash during the period |
CashPeriodIncreaseDecrease
|
$-1.87K | USD | 3 Qtrs |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.98K | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$13.25K | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.53K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.98K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$13.25K | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.53K | USD | Point-in-time |
| Common stock issued for acquisition of subsidiary |
StockIssuedDuringPeriodValueAcquisitions
|
- | USD | 3 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
|
- | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.