10-K Filing

CIMG INC. CIK: 1527613 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001294606-14-000009`
Period End Date	20130930
Filing Date	20140114
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	nuze-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 24 Cash Flow Statement 59 Stockholders Equity 14

Balance Sheet 51 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
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$165.48K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	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
Accounts Receivable	`AccountsReceivableNetCurrent`	$13.20K	USD	Point-in-time
Related Party Receivable	`DueFromRelatedPartiesCurrent`	$139.66K	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 par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventories	`InventoryNet`	$73.24K	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	30.40M	shares	Point-in-time
Prepaid expenses and deposits	`PrepaidExpenseCurrent`	$14.94K	USD	Point-in-time
Prepaid expenses and deposits	`PrepaidExpenseCurrent`	$16.90K	USD	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	37.96M	shares	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	30.40M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.28M	USD	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	37.96M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$253.66K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$8.66K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$2.48K	USD	Point-in-time
Intellectual property	`IntangibleAssetsNetExcludingGoodwill`	$42.82K	USD	Point-in-time
Total Assets	`Assets`	$1.29M	USD	Point-in-time
Total Assets	`Assets`	$298.96K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.82K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$79.89K	USD	Point-in-time
Advances from Stockholders'	`AccountsPayableRelatedPartiesCurrent`	$149.71K	USD	Point-in-time
Advances from Stockholders'	`AccountsPayableRelatedPartiesCurrent`	$50.00K	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$9.56K	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$7.01K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$236.61K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$115.39K	USD	Point-in-time
Preferred stock; 100,000,000 shares authorized, $0.00001 par value; 0 shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock; 100,000,000 shares authorized, $0.00001 par value; 0 shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock; 100,000,000 shares authorized, $0.00001 par value; 37,957,790 and 30,400,000 shares issued and outstanding	`CommonStockValue`	$304.00	USD	Point-in-time
Common stock; 100,000,000 shares authorized, $0.00001 par value; 37,957,790 and 30,400,000 shares issued and outstanding	`CommonStockValue`	$380.00	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$347.10K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.38M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-285.06K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$62.35K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.17M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$298.96K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.29M	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$122.23K	USD	Annual
Revenues	`Revenues`	$122.23K	USD	8 Qtrs
Cost of revenues	`CostOfRevenue`	$155.25K	USD	Annual
Cost of revenues	`CostOfRevenue`	$244.81K	USD	8 Qtrs
Cost of revenues	`CostOfRevenue`	$89.55K	USD	Annual
Gross profit (loss)	`GrossProfit`	$-89.55K	USD	Annual
Gross profit (loss)	`GrossProfit`	$-122.57K	USD	8 Qtrs
Gross profit (loss)	`GrossProfit`	$-33.02K	USD	Annual
Operating expenses	`CostsAndExpenses`	$1.07M	USD	Annual
Operating expenses	`CostsAndExpenses`	$195.51K	USD	Annual
Operating expenses	`CostsAndExpenses`	$1.26M	USD	8 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-1.10M	USD	Annual
Loss from operations	`IncomeLossFromContinuingOperations`	$-285.06K	USD	Annual
Loss from operations	`IncomeLossFromContinuingOperations`	$-1.38M	USD	8 Qtrs
Other Income	`OtherNonoperatingIncomeExpense`	-	USD	Annual
Other Income	`OtherNonoperatingIncomeExpense`	$770.00	USD	8 Qtrs
Other Income	`OtherNonoperatingIncomeExpense`	$770.00	USD	Annual
Net loss	`NetIncomeLoss`	$-1.38M	USD	8 Qtrs
Net loss	`NetIncomeLoss`	$-1.10M	USD	Annual
Net loss	`NetIncomeLoss`	$-285.06K	USD	Annual
Basic and diluted loss per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	Annual
Basic and diluted loss per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Basic and diluted weighted average number of common shares outstanding (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.40M	shares	Annual
Basic and diluted weighted average number of common shares outstanding (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	34.92M	shares	Annual

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.38M	USD	8 Qtrs
Net loss	`NetIncomeLoss`	$-1.10M	USD	Annual
Net loss	`NetIncomeLoss`	$-285.06K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$711.00	USD	8 Qtrs
Depreciation	`DepreciationAndAmortization`	$587.00	USD	Annual
Depreciation	`DepreciationAndAmortization`	$124.00	USD	Annual
Provision for obsolete inventory	`ImpairmentOfLongLivedAssetsHeldForUse`	$80.42K	USD	Annual
Provision for obsolete inventory	`ImpairmentOfLongLivedAssetsHeldForUse`	$141.90K	USD	8 Qtrs
Provision for obsolete inventory	`ImpairmentOfLongLivedAssetsHeldForUse`	$61.48K	USD	Annual
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-13.20K	USD	Annual
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-13.20K	USD	8 Qtrs
Related Party Receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-139.66K	USD	8 Qtrs
Related Party Receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-139.66K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-153.66K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$11.76K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-141.90K	USD	8 Qtrs
Prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.96K	USD	Annual
Prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-16.90K	USD	8 Qtrs
Prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-14.94K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$79.89K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$55.82K	USD	8 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-24.06K	USD	Annual
Other Current Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.55K	USD	Annual
Other Current Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$7.01K	USD	Annual
Other Current Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$9.56K	USD	8 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.20M	USD	Annual
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-286.22K	USD	Annual
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.49M	USD	8 Qtrs
Purchase of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.78K	USD	Annual
Purchase of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.37K	USD	8 Qtrs
Purchase of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.60K	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.78K	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.60K	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.37K	USD	8 Qtrs
Advances from Stockholders	`ProceedsFromNotesPayable`	$199.71K	USD	8 Qtrs
Advances from Stockholders	`ProceedsFromNotesPayable`	$50.00K	USD	Annual
Advances from Stockholders	`ProceedsFromNotesPayable`	$149.71K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.10M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.41M	USD	8 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$304.59K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$454.30K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.61M	USD	8 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.15M	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$165.48K	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.11M	USD	8 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$945.18K	USD	Annual
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$165.48K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$165.48K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	-	USD	8 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	8 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Common Stock issued for conversions of advance from stockholder	`CommonStockIssuedForSettlementOfAdvanceFromStockholder`	$149.71K	USD	Annual
Common Stock issued in exchange for acquisition of intellectual property	`StockIssuedDuringPeriodValueAcquisitions`	$42.82K	USD	Annual
Cancellation of common stocks	`CommonStockCancelation`	$-42.82K	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance,	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$62.35K	USD	Point-in-time
Balance,	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17M	USD	Point-in-time
Common Stock issued debt	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$149.71K	USD	Annual
Common Stock issued debt (in Shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	1.25M	shares	Annual
Common Stock issued for cash	`StockIssuedDuringPeriodValueNewIssues`	$304.59K	USD	Annual
Common Stock issued for cash	`StockIssuedDuringPeriodValueNewIssues`	$2.10M	USD	Annual
Common Stock issued for cash (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	7.15M	shares	Annual
Common Stock issued for cash (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	21.58M	shares	Point-in-time
Common Stock issued for cash (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	4.56M	shares	Point-in-time
Common stock cancellation	`CommonStockCancelation`	$-42.82K	USD	Annual
Net Loss	`OtherComprehensiveIncomeOtherNetOfTax`	$-285.06K	USD	Annual
Net Loss	`OtherComprehensiveIncomeOtherNetOfTax`	$-1.10M	USD	Annual
Balance,	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$62.35K	USD	Point-in-time
Balance,	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17M	USD	Point-in-time

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