10-K Filing

KUBER RESOURCES CORP CIK: 1081834 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001437749-14-021249`
Period End Date	20121231
Filing Date	20141121
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	uoli-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 47 Income Statement 25 Cash Flow Statement 31 Stockholders Equity 10

Balance Sheet 47 line items

Line Item	Tag	Value	Unit	Period
Series A Convertible preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Series A Convertible preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Series A, Convertible preferred stock shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Series A, Convertible preferred stock shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Series A, Convertible preferred stock shares issued	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.02K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.40K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.37K	USD	Point-in-time
Series A, Convertible preferred stock shares issued	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
Series A, Convertible preferred stock shares outstanding	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Series A, Convertible preferred stock shares outstanding	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Common stock shares par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock shares par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$24.36K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.02K	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
TOTAL ASSETS	`Assets`	$45.76K	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	2.00M	shares	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`	$20.33K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$63.00K	USD	Point-in-time
Amount due to a shareholder	`DueToRelatedPartiesCurrent`	$3.02M	USD	Point-in-time
Amount due to a shareholder	`DueToRelatedPartiesCurrent`	$3.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.04M	USD	Point-in-time
Note payable to a shareholder	`NotesPayableRelatedPartiesNoncurrent`	$167.67K	USD	Point-in-time
Note payable to a shareholder	`NotesPayableRelatedPartiesNoncurrent`	$167.30K	USD	Point-in-time
Total liabilities	`LiabilitiesNoncurrent`	$3.34M	USD	Point-in-time
Total liabilities	`LiabilitiesNoncurrent`	$3.20M	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`	$-3.53M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.89K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.95K	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 stockholders deficit	`StockholdersEquity`	$-3.34M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$45.76K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$1.02K	USD	Point-in-time

Income Statement 25 line items

Line Item	Tag	Value	Unit	Period
- Related party	`RevenueFromRelatedParties`	$15.41K	USD	Annual
Cost of revenue (exclusive of depreciation)	`CostOfRevenue`	$41.72K	USD	Annual
Cost of revenue (exclusive of depreciation)	`CostOfRevenue`	-	USD	Annual
Gross loss	`GrossProfit`	$-26.30K	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$6.15K	USD	Annual
Consulting and professional fee	`ProfessionalFees`	$33.01K	USD	Annual
Consulting and professional fee	`ProfessionalFees`	$32.86K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$142.13K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$473.80K	USD	Annual
Total operating expenses	`OperatingExpenses`	$512.80K	USD	Annual
Total operating expenses	`OperatingExpenses`	$175.14K	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-539.11K	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-175.14K	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
NET LOSS	`NetIncomeLoss`	$-539.11K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-175.14K	USD	Annual
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.82K	USD	Annual
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-7.06K	USD	Annual
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-182.20K	USD	Annual
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-544.92K	USD	Annual
Net loss per share Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	Annual
Net loss per share Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.27	USD	Annual
Weighted average common shares outstanding Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.00M	shares	Annual
Weighted average common shares outstanding Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.00M	shares	Annual

Cash Flow Statement 31 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-539.11K	USD	Annual
Net loss	`NetIncomeLoss`	$-175.14K	USD	Annual
Depreciation of plant and equipment	`Depreciation`	$12.96K	USD	Annual
Depreciation of plant and equipment	`Depreciation`	$14.77K	USD	Annual
Impairment loss on plant and equipment	`ImpairmentOfLongLivedAssetsHeldForUse`	$11.43K	USD	Annual
Accounts receivable, related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-3.85K	USD	Annual
Deposits and other receivables	`IncreaseDecreaseInOtherCurrentAssets`	$-3.33K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$42.67K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-9.00	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-108.08K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-517.16K	USD	Annual
Purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.89K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-5.89K	USD	Annual
Advances from a shareholder	`ProceedsFromContributionsFromAffiliates`	$528.05K	USD	Annual
Advances from a shareholder	`ProceedsFromContributionsFromAffiliates`	$87.66K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$528.05K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$87.66K	USD	Annual
Effect of exchange rate change on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$37.00	USD	Annual
Effect of exchange rate change on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$33.00	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-20.39K	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.04K	USD	Annual
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$1.02K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$21.40K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$16.37K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$1.02K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$21.40K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$16.37K	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance as of January 1, 2011	`StockholdersEquity`	$-2.61M	USD	Point-in-time
Balance as of January 1, 2011	`StockholdersEquity`	$-3.16M	USD	Point-in-time
Balance as of January 1, 2011	`StockholdersEquity`	$-3.34M	USD	Point-in-time
Net loss for the year	`NetIncomeLoss`	$-539.11K	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-175.14K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.82K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-7.06K	USD	Annual
Balance	`StockholdersEquity`	$-2.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.16M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.34M	USD	Point-in-time

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