10-K Filing

NUDG MEDIA INC. CIK: 1526183 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001294606-15-000073`
Period End Date	20141231
Filing Date	20150415
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	nddg-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 18 Cash Flow Statement 30 Stockholders Equity 10

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Loans payable, net of discount (in Dollars)	`DebtInstrumentUnamortizedDiscount`	-	USD	Point-in-time
Loans payable, net of discount (in Dollars)	`DebtInstrumentUnamortizedDiscount`	$322.23K	USD	Point-in-time
Cash	`Cash`	$41.04K	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$3.25K	USD	Point-in-time
Amounts receivable	`AccountsReceivableNet`	$627.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.20B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.20B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	368.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	368.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$41.67K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	172.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.25K	USD	Point-in-time
Promissory note receivable	`AccountsAndNotesReceivableNet`	$66.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	368.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	172.00M	shares	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$743.24K	USD	Point-in-time
Total assets	`Assets`	$850.91K	USD	Point-in-time
Total assets	`Assets`	$3.25K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.94M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$57.92K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesNoncurrent`	$82.33K	USD	Point-in-time
Unearned revenue	`DeferredRevenueCurrent`	$3.10K	USD	Point-in-time
Current portion of loans payable	`LoansPayable`	$45.00K	USD	Point-in-time
Current portion of loans payable	`LoansPayable`	$556.21K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$614.13K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.07M	USD	Point-in-time
Loans payable, net of discount of $322,227 and $nil, respectively	`ConvertibleNotesPayableCurrent`	$477.77K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.07M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.09M	USD	Point-in-time
Common stock, 5,200,000,000 shares authorized, $0.001 par value 172,000,000 and 368,000,008 shares issued and outstanding, respectively	`CommonStockValue`	$368.00K	USD	Point-in-time
Common stock, 5,200,000,000 shares authorized, $0.001 par value 172,000,000 and 368,000,008 shares issued and outstanding, respectively	`CommonStockValue`	$172.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$-293.91K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.00M	USD	Point-in-time
Common stock issuable	`StockholdersEquityNoteSubscriptionsReceivable`	$28.27K	USD	Point-in-time
Common stock issuable	`StockholdersEquityNoteSubscriptionsReceivable`	$20.00K	USD	Point-in-time
Accumulated deficit	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$2.39M	USD	Point-in-time
Accumulated deficit	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$2.11M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-1.32M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-240.99K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.06M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$850.91K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$3.25K	USD	Point-in-time

Income Statement 18 line items

Line Item	Tag	Value	Unit	Period
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$54.88K	USD	Annual
General and administrative costs	`GeneralAndAdministrativeExpense`	$788.71K	USD	Annual
General and administrative costs	`GeneralAndAdministrativeExpense`	$143.79K	USD	Annual
Selling and marketing	`SellingAndMarketingExpense`	$2.69K	USD	Annual
Total expenses	`OperatingExpenses`	$791.40K	USD	Annual
Total expenses	`OperatingExpenses`	$198.68K	USD	Annual
Loss before other income (expense)	`IncomeLossFromContinuingOperations`	$-791.40K	USD	Annual
Loss before other income (expense)	`IncomeLossFromContinuingOperations`	$-198.68K	USD	Annual
Interest income	`InterestIncomeDomesticDeposits`	-	USD	Annual
Interest income	`InterestIncomeDomesticDeposits`	$627.00	USD	Annual
Interest expense	`InterestExpense`	$88.22K	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-87.59K	USD	Annual
Net loss	`NetIncomeLoss`	$-791.40K	USD	Annual
Net loss	`NetIncomeLoss`	$-286.27K	USD	Annual
Net loss per share, basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.00	USD	Annual
Net loss per share, basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.00	USD	Annual
Weighted average number of shares outstanding , basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	323.58M	shares	Annual
Weighted average number of shares outstanding , basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.00M	shares	Annual

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss for the year	`NetIncomeLoss`	$-791.40K	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-286.27K	USD	Annual
Accretion of the present value of long term loan	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$79.65K	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$54.88K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsPayable`	$-627.00	USD	Annual
Deferred offering costs	`NoninterestExpenseOfferingCost`	$2.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$651.14K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$48.53K	USD	Annual
Unearned revenue	`IncreaseDecreaseInDeferredRevenue`	$3.10K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-135.16K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-103.83K	USD	Annual
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	$709.00	USD	Annual
Cash removed on deconsolidation	`CashDivestedFromDeconsolidation`	$1.29K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$709.00	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.29K	USD	Annual
Proceeds from loans payables	`ProceedsFromNotesPayable`	$10.00K	USD	Annual
Proceeds from loans payables	`ProceedsFromNotesPayable`	$142.91K	USD	Annual
Proceeds from loans payable related parties	`IncreaseDecreaseDueFromOtherRelatedParties`	$-47.27K	USD	Annual
Proceeds from issuance of common stock	`IncreaseDecreaseInNotesReceivables`	$-80.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$137.27K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$142.91K	USD	Annual
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$37.79K	USD	Annual
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.83K	USD	Annual
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$41.04K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$423.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$41.04K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$423.00	USD	Point-in-time
Acquisition of intangible assets with loan payable	`FairValueOfAssetsAcquired`	$798.12K	USD	Annual

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance, December 31	`StockholdersEquity`	$-1.32M	USD	Point-in-time
Balance, December 31	`StockholdersEquity`	$-240.99K	USD	Point-in-time
Balance, December 31	`StockholdersEquity`	$-2.06M	USD	Point-in-time
Adjustment to reflect	`OtherAdjustmentsToIncomeDiscontinuedOperations`	$-35.28K	USD	Annual
Adjustment to reflect	`OtherAdjustmentsToIncomeDiscontinuedOperations`	$2.11M	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-791.40K	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-286.27K	USD	Annual
Balance, December 31	`StockholdersEquity`	$-1.32M	USD	Point-in-time
Balance, December 31	`StockholdersEquity`	$-240.99K	USD	Point-in-time
Balance, December 31	`StockholdersEquity`	$-2.06M	USD	Point-in-time

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