10-K Filing

KUBER RESOURCES CORP CIK: 1081834 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001437749-12-003012`
Period End Date	20111231
Filing Date	20120329
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	uoli-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 29 Cash Flow Statement 33 Stockholders Equity 6

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.37K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.85K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.40K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, related party	`AccountsReceivableRelatedPartiesCurrent`	$3.85K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
Deposits and other receivables	`OtherAssetsCurrent`	$3.33K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$23.55K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$21.40K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$33.19K	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$24.36K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$45.76K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$56.74K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.00M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.34K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.33K	USD	Point-in-time
Amount due to a shareholder	`DueToRelatedPartiesCurrent`	$3.02M	USD	Point-in-time
Amount due to a shareholder	`DueToRelatedPartiesCurrent`	$2.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.50M	USD	Point-in-time
Note payable to a shareholder	`NotesPayableRelatedPartiesNoncurrent`	$167.30K	USD	Point-in-time
Note payable to a shareholder	`NotesPayableRelatedPartiesNoncurrent`	$167.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.67M	USD	Point-in-time
Series A, Convertible preferred stock, $0.001 par value; 10,000,000 shares authorized, 500,000 shares issued and outstanding, respectively	`PreferredStockValue`	$500.00	USD	Point-in-time
Series A, Convertible preferred stock, $0.001 par value; 10,000,000 shares authorized, 500,000 shares issued and outstanding, respectively	`PreferredStockValue`	$500.00	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 1,996,355 shares issued and outstanding, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 1,996,355 shares issued and outstanding, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$197.57K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$197.57K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.82M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.36M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.89K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.92K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-2.61M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-3.16M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$45.76K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$56.74K	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
- Related party	`RevenueFromRelatedParties`	$15.45K	USD	Annual
- Related party	`RevenueFromRelatedParties`	$15.41K	USD	Annual
- Non-related party	`OtherSalesRevenueNet`	$2.78K	USD	Annual
Total revenues, net	`Revenues`	$18.23K	USD	Annual
Total revenues, net	`Revenues`	$15.41K	USD	Annual
Cost of revenue (exclusive of depreciation)	`CostOfRevenue`	$40.82K	USD	Annual
Cost of revenue (exclusive of depreciation)	`CostOfRevenue`	$41.72K	USD	Annual
Gross loss	`GrossProfit`	$-22.59K	USD	Annual
Gross loss	`GrossProfit`	$-26.30K	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$6.15K	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$7.50K	USD	Annual
Consulting and professional fee	`ProfessionalFees`	$162.70K	USD	Annual
Consulting and professional fee	`ProfessionalFees`	$179.35K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$343.96K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$615.13K	USD	Annual
Total operating expenses	`OperatingExpenses`	$512.80K	USD	Annual
Total operating expenses	`OperatingExpenses`	$801.98K	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-539.11K	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-824.58K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-824.58K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-539.11K	USD	Annual
- Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-5.82K	USD	Annual
- Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$7.85K	USD	Annual
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-544.92K	USD	Annual
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-816.72K	USD	Annual
Net loss per share - Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.27	USD	Annual
Net loss per share - Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.41	USD	Annual
Weighted average common shares outstanding - Basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	2.00M	shares	Point-in-time
Weighted average common shares outstanding - Basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	2.00M	shares	Point-in-time

Cash Flow Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-824.58K	USD	Annual
Net loss	`NetIncomeLoss`	$-539.11K	USD	Annual
Depreciation	`Depreciation`	$78.43K	USD	Annual
Depreciation	`Depreciation`	$14.77K	USD	Annual
Impairment loss on plant and equipment	`ImpairmentOfLongLivedAssetsHeldForUse`	$54.03K	USD	Annual
Write-off of plant and equipment	`GainLossOnDispositionOfProperty`	$62.01K	USD	Annual
Accounts receivable, trade	`IncreaseDecreaseInAccountsReceivable`	$11.58K	USD	Annual
Accounts receivable, related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-3.86K	USD	Annual
Accounts receivable, related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$3.85K	USD	Annual
Deposits and other receivables	`IncreaseDecreaseInOtherCurrentAssets`	$3.33K	USD	Annual
Deposits and other receivables	`IncreaseDecreaseInOtherCurrentAssets`	$13.84K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-9.00	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.68K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-517.16K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-613.22K	USD	Annual
Purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$576.00	USD	Annual
Purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.89K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-576.00	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.89K	USD	Annual
Advances from a shareholder	`ProceedsFromContributionsFromAffiliates`	$528.05K	USD	Annual
Advances from a shareholder	`ProceedsFromContributionsFromAffiliates`	$576.44K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$528.05K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$576.44K	USD	Annual
Effect of exchange rate change on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-131.00	USD	Annual
Effect of exchange rate change on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$37.00	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-37.48K	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.04K	USD	Annual
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$16.37K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$53.85K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$21.40K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$16.37K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$53.85K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$21.40K	USD	Point-in-time

Stockholders Equity 6 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-2.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.16M	USD	Point-in-time
Net loss for the year	`NetIncomeLoss`	$-824.58K	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-539.11K	USD	Annual
Balance	`StockholdersEquity`	$-2.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.16M	USD	Point-in-time

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