10-Q Filing

KUBER RESOURCES CORP CIK: 1081834 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001437749-15-010036`
Period End Date	20150331
Filing Date	20150514
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	uoli-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 21 Cash Flow Statement 23 Stockholders Equity 8

Balance Sheet 48 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
Series A, Convertible preferred stock shares issued	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$236.00	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
TOTAL ASSETS	`Assets`	$236.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$236.00	USD	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
Common stock shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	2.00M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$72.00K	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	2.00M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$85.04K	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	2.00M	shares	Point-in-time
Amounts due to shareholders	`DueToRelatedPartiesCurrent`	$3.12M	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	2.00M	shares	Point-in-time
Amounts due to shareholders	`DueToRelatedPartiesCurrent`	$3.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.19M	USD	Point-in-time
Note payable to a shareholder	`NotesPayableRelatedPartiesNoncurrent`	$167.62K	USD	Point-in-time
Note payable to a shareholder	`NotesPayableRelatedPartiesNoncurrent`	$167.55K	USD	Point-in-time
Total liabilities	`LiabilitiesNoncurrent`	$3.43M	USD	Point-in-time
Total liabilities	`LiabilitiesNoncurrent`	$3.36M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	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 other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.98K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.63K	USD	Point-in-time
Accumulated deficits	`RetainedEarningsAccumulatedDeficit`	$-3.56M	USD	Point-in-time
Accumulated deficits	`RetainedEarningsAccumulatedDeficit`	$-3.62M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-3.36M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-3.43M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$236.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$236.00	USD	Point-in-time

Income Statement 21 line items

Line Item	Tag	Value	Unit	Period
Revenue, net	`SalesRevenueNet`	-	USD	1 Quarter
Revenue, net	`SalesRevenueNet`	-	USD	1 Quarter
Consulting and professional fee	`ProfessionalFees`	$2.00K	USD	1 Quarter
Consulting and professional fee	`ProfessionalFees`	$60.94K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.69K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$68.63K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.00K	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-68.63K	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-2.00K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-68.63K	USD	1 Quarter
- Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$930.00	USD	1 Quarter
- Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.35K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-1.07K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-69.98K	USD	1 Quarter
Net loss per share Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	1 Quarter
Weighted average common shares outstanding Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.00M	shares	1 Quarter
Weighted average common shares outstanding Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.00M	shares	1 Quarter

Cash Flow Statement 23 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-68.63K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.04K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-55.59K	USD	1 Quarter
Advances from a shareholder	`ProceedsFromContributionsFromAffiliates`	-	USD	1 Quarter
Advances from a shareholder	`ProceedsFromContributionsFromAffiliates`	$55.59K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$55.59K	USD	1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Balance as of January 1, 2015	`StockholdersEquity`	$-3.36M	USD	Point-in-time
Balance as of January 1, 2015	`StockholdersEquity`	$-3.43M	USD	Point-in-time
Net loss for the period	`NetIncomeLoss`	$-2.00K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-68.63K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$930.00	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.35K	USD	1 Quarter
Balance as of March 31, 2015	`StockholdersEquity`	$-3.36M	USD	Point-in-time
Balance as of March 31, 2015	`StockholdersEquity`	$-3.43M	USD	Point-in-time

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