10-Q Filing

GLUCOSE HEALTH, INC. CIK: 1420108 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001432093-12-000578`
Period End Date	20120331
Filing Date	20120725
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	bisu-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 42 Cash Flow Statement 48

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$15.03K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$82.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Inventory	`InventoryNet`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	65.44M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	67.09M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$27.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$27.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$42.03K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	65.44M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$27.08K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	67.09M	shares	Point-in-time
Intellectual property	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$206.60K	USD	Point-in-time
Intellectual property	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$206.60K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$248.63K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$233.68K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$296.43K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$300.84K	USD	Point-in-time
Liability for stock to be issued	`LiabilityForStockToBeIssued`	-	USD	Point-in-time
Liability for stock to be issued	`LiabilityForStockToBeIssued`	$41.50K	USD	Point-in-time
Short - term loans	`NotesPayableCurrent`	$19.67K	USD	Point-in-time
Short - term loans	`NotesPayableCurrent`	$20.96K	USD	Point-in-time
Short - term loans - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$49.16K	USD	Point-in-time
Short - term loans - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$56.38K	USD	Point-in-time
Short - term loans - convertible	`ConvertibleNotesPayableCurrent`	$8.20K	USD	Point-in-time
Short - term loans - convertible	`ConvertibleNotesPayableCurrent`	$24.33K	USD	Point-in-time
Due to officer	`DueToOfficersOrStockholdersCurrent`	$4.86K	USD	Point-in-time
Due to officer	`DueToOfficersOrStockholdersCurrent`	$4.75K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$407.38K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$419.70K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$407.38K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$419.70K	USD	Point-in-time
Common stock, $0.001 par value, 90,000,000 shares authorized, 67,090,397 and 65,440,397 shares issued and outstanding as of March 31, 2012 and December 31, 2011, respectively	`CommonStockValue`	$65.44K	USD	Point-in-time
Common stock, $0.001 par value, 90,000,000 shares authorized, 67,090,397 and 65,440,397 shares issued and outstanding as of March 31, 2012 and December 31, 2011, respectively	`CommonStockValue`	$67.09K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$2.90M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$2.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.87M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.87M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$169.57K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$177.29K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-69.22K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-75.73K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-158.75K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-186.02K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$248.63K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$233.68K	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`SalesRevenueGoodsNet`	-	USD	1 Quarter
REVENUE	`SalesRevenueGoodsNet`	-	USD	1 Quarter
Beginning inventory	`InventoryFinishedGoods`	$-89.82K	USD	Point-in-time
Beginning inventory	`InventoryFinishedGoods`	$87.76K	USD	Point-in-time
Beginning inventory	`InventoryFinishedGoods`	-	USD	Point-in-time
Beginning inventory	`InventoryFinishedGoods`	-	USD	Point-in-time
Purchases/Write-off of obsolete inventory	`PurchasesWriteoffOfObsoleteInventory`	-	USD	1 Quarter
Purchases/Write-off of obsolete inventory	`PurchasesWriteoffOfObsoleteInventory`	-	USD	1 Quarter
Ending inventory	`InventoryFinishedGoods`	$-89.82K	USD	Point-in-time
Ending inventory	`InventoryFinishedGoods`	$87.76K	USD	Point-in-time
Ending inventory	`InventoryFinishedGoods`	-	USD	Point-in-time
Ending inventory	`InventoryFinishedGoods`	-	USD	Point-in-time
Total Cost of Revenues	`CostOfGoodsSold`	-	USD	1 Quarter
Total Cost of Revenues	`CostOfGoodsSold`	$-2.06K	USD	1 Quarter
GROSS PROFIT (LOSS)	`GrossProfit`	-	USD	1 Quarter
GROSS PROFIT (LOSS)	`GrossProfit`	$2.06K	USD	1 Quarter
Professional fees and wages	`SalariesAndWages`	$101.39K	USD	1 Quarter
Professional fees and wages	`SalariesAndWages`	$5.68K	USD	1 Quarter
Amortization expense and impairment	`AmortizationExpenseAndImpairment`	-	USD	1 Quarter
Amortization expense and impairment	`AmortizationExpenseAndImpairment`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.06K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.30K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$106.44K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$6.98K	USD	1 Quarter
NET LOSS BEFORE OTHER EXPENSE	`OperatingIncomeLoss`	$-6.98K	USD	1 Quarter
NET LOSS BEFORE OTHER EXPENSE	`OperatingIncomeLoss`	$-104.39K	USD	1 Quarter
Interest expense	`InterestExpense`	$734.00	USD	1 Quarter
Interest expense	`InterestExpense`	$5.20K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-5.20K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-734.00	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-109.58K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-7.71K	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	19.73M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	67.19M	shares	1 Quarter
NET LOSS PER SHARE	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
NET LOSS PER SHARE	`EarningsPerShareBasic`	$-0.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-109.58K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.71K	USD	1 Quarter
Currency translation losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-13.29K	USD	1 Quarter
Currency translation losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-6.51K	USD	1 Quarter
TOTAL ACCUMULATED OTHER COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-122.87K	USD	1 Quarter
TOTAL ACCUMULATED OTHER COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-14.23K	USD	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-109.58K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.71K	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$49.62K	USD	1 Quarter
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	-	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	-	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.69K	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$52.01K	USD	1 Quarter
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$101.63K	USD	1 Quarter
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$6.69K	USD	1 Quarter
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.02K	USD	1 Quarter
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.95K	USD	1 Quarter
Proceeds from short-term loans, net of repayments	`ProceedsFromRepaymentsOfShortTermDebt`	-	USD	1 Quarter
Proceeds from short-term loans, net of repayments	`ProceedsFromRepaymentsOfShortTermDebt`	$-514.00	USD	1 Quarter
Proceeds from short-term loans - related party, net of repayments	`ShorttermLoansRelatedPartyNetOfRepayments`	-	USD	1 Quarter
Proceeds from short-term loans - related party, net of repayments	`ShorttermLoansRelatedPartyNetOfRepayments`	-	USD	1 Quarter
Proceeds from convertible notes payable, net of repayments	`ProceedsFromRepaymentsOfOtherDebt`	$9.00K	USD	1 Quarter
Proceeds from convertible notes payable, net of repayments	`ProceedsFromRepaymentsOfOtherDebt`	$16.01K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.49K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$16.01K	USD	1 Quarter
Effect of foreign currency	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-488.00	USD	1 Quarter
Effect of foreign currency	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-33.00	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$14.95K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$49.00	USD	1 Quarter
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$82.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$15.03K	USD	Point-in-time
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$82.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$33.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS - END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$82.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS - END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$15.03K	USD	Point-in-time
CASH AND CASH EQUIVALENTS - END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$82.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS - END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$33.00	USD	Point-in-time
Interest	`InterestPaid`	-	USD	1 Quarter
Interest	`InterestPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Conversion of notes payable to common stock	`DebtConversionOriginalDebtAmount1`	-	USD	1 Quarter
Conversion of notes payable to common stock	`DebtConversionOriginalDebtAmount1`	-	USD	1 Quarter
Conversion of liability to common stock	`StockIssued1`	$41.50K	USD	1 Quarter
Conversion of liability to common stock	`StockIssued1`	-	USD	1 Quarter
Acquisition of intellectual property of Type2 Defense for common shares	`StockIssued2`	-	USD	1 Quarter
Acquisition of intellectual property of Type2 Defense for common shares	`StockIssued2`	-	USD	1 Quarter
Conversion of accounts payable to equity (Note 7)	`DebtConversionOriginalDebtAmount2`	-	USD	1 Quarter
Conversion of accounts payable to equity (Note 7)	`DebtConversionOriginalDebtAmount2`	-	USD	1 Quarter

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