10-Q Filing

CIMG INC. CIK: 1527613 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001294606-12-000468`
Period End Date	20121031
Filing Date	20121214
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	hvfi-20121031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 21 Cash Flow Statement 33

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.93K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.08K	USD	Point-in-time
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.19K	USD	Point-in-time
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Subscription receivable	`AccountsReceivableNetCurrent`	$33.00K	USD	Point-in-time
Preferred stock, shares issued (in Shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in Shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in Shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in Shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
TOTAL CURRENT ASSETS	`Assets`	$3.19K	USD	Point-in-time
TOTAL CURRENT ASSETS	`Assets`	$33.10K	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	6.20M	shares	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	6.20M	shares	Point-in-time
Accounts payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$9.12K	USD	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	6.20M	shares	Point-in-time
Related party loans	`AccountsPayableRelatedPartiesCurrent`	$12.02K	USD	Point-in-time
Related party loans	`AccountsPayableRelatedPartiesCurrent`	$11.99K	USD	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	6.20M	shares	Point-in-time
TOTAL CURRENT LIABILITIES	`Liabilities`	$21.11K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`Liabilities`	$12.02K	USD	Point-in-time
Preferred stock, 100,000,000 shares authorized, $0.00001 par value; 0 issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, 100,000,000 shares authorized, $0.00001 par value; 0 issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, 100,000,000 shares authorized, $0.00001 par value; 6,200,000 issued and outstanding as of October 31, 2012 and July 31, 2012, respectively	`CommonStockValue`	$62.00	USD	Point-in-time
Common stock, 100,000,000 shares authorized, $0.00001 par value; 6,200,000 issued and outstanding as of October 31, 2012 and July 31, 2012, respectively	`CommonStockValue`	$62.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$47.94K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$47.94K	USD	Point-in-time
Deficit accumulated during development stage	`RetainedEarningsAccumulatedDeficit`	$-36.01K	USD	Point-in-time
Deficit accumulated during development stage	`RetainedEarningsAccumulatedDeficit`	$-56.82K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$11.99K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-8.82K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$33.10K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$3.19K	USD	Point-in-time

Income Statement 21 line items

Line Item	Tag	Value	Unit	Period
Consulting fees	`ProfessionalFees`	$27.25K	USD	5 Qtrs
Consulting fees	`ProfessionalFees`	$4.33K	USD	1 Quarter
Consulting fees	`ProfessionalFees`	$5.42K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.12K	USD	5 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$852.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.83K	USD	1 Quarter
Legal and accounting fees	`LegalAndAccountingFees`	$13.46K	USD	5 Qtrs
Legal and accounting fees	`LegalAndAccountingFees`	$567.00	USD	1 Quarter
Investor relations	`InvestorRelations`	$13.00K	USD	5 Qtrs
Investor relations	`InvestorRelations`	$13.00K	USD	1 Quarter
Investor relations	`InvestorRelations`	-	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$5.18K	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$56.82K	USD	5 Qtrs
Total expenses	`CostsAndExpenses`	$20.82K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-5.18K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-20.82K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-56.82K	USD	5 Qtrs
Basic and diluted loss per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted loss per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted weighted average number of common shares outstanding (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	6.20M	shares	1 Quarter
Basic and diluted weighted average number of common shares outstanding (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.00M	shares	1 Quarter

Cash Flow Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-5.18K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.82K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-56.82K	USD	5 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-9.12K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-29.94K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-56.82K	USD	5 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-6.18K	USD	1 Quarter
Proceeds from sale of stock	`ProceedsFromIssuanceOrSaleOfEquity`	$33.00K	USD	1 Quarter
Proceeds from sale of stock	`ProceedsFromIssuanceOrSaleOfEquity`	$48.00K	USD	5 Qtrs
Advances from related party	`ProceedsFromRelatedPartyDebt`	$12.02K	USD	5 Qtrs
Advances from related party	`ProceedsFromRelatedPartyDebt`	$5.04K	USD	1 Quarter
Advances from related party	`ProceedsFromRelatedPartyDebt`	$25.00	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.04K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$33.02K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$60.02K	USD	5 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.19K	USD	5 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.15K	USD	1 Quarter
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.09K	USD	1 Quarter
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.93K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.08K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.19K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.93K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.08K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.19K	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	5 Qtrs
Interest paid	`InterestPaidNet`	-	USD	1 Quarter
Interest paid	`InterestPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	5 Qtrs

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