10-K Filing

VAPOR GROUP, INC. CIK: 1315718 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001477932-14-000132`
Period End Date	20121231
Filing Date	20140113
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	spli-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 28 Cash Flow Statement 50 Stockholders Equity 15

Balance Sheet 57 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	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
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	$7.08K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$4.12K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Inventory	`InventoryNet`	-	USD	Point-in-time
Inventory	`InventoryNet`	$45.10K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$19.03K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.65K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	262.31M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	272.02M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$71.91K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	272.02M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	262.31M	shares	Point-in-time
Property, plant and equipment, net of depreciation	`PropertyPlantAndEquipmentNet`	$3.00K	USD	Point-in-time
Property, plant and equipment, net of depreciation	`PropertyPlantAndEquipmentNet`	$5.00K	USD	Point-in-time
Total Fixed Assets	`AssetsNet`	$5.00K	USD	Point-in-time
Total Fixed Assets	`AssetsNet`	$3.00K	USD	Point-in-time
Loan to stockholders	`DueFromOfficersOrStockholders`	$20.14K	USD	Point-in-time
Loan to stockholders	`DueFromOfficersOrStockholders`	-	USD	Point-in-time
Total Assets	`Assets`	$3.00K	USD	Point-in-time
Total Assets	`Assets`	$97.04K	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	-	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$400.00	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$82.20K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$39.58K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$76.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$150.59K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$233.20K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$115.58K	USD	Point-in-time
Total Liabilities	`Liabilities`	$115.58K	USD	Point-in-time
Total Liabilities	`Liabilities`	$233.20K	USD	Point-in-time
Preferred stock, 0.001 par value, 10,000,000 shares authorised, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, 0.001 par value, 10,000,000 shares authorised, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, 0.001 par value, 500,000,000 shares authorized, 272,020,145, and 262,310,000 issued and outstanding at December 31, 2012 and 2011 respectively,	`CommonStockValue`	$262.31K	USD	Point-in-time
Common stock, 0.001 par value, 500,000,000 shares authorized, 272,020,145, and 262,310,000 issued and outstanding at December 31, 2012 and 2011 respectively,	`CommonStockValue`	$270.02K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$989.90K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.51M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.27M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$-230.20K	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$-18.54K	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$97.04K	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.00K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
NET REVENUES	`RevenuesNetOfInterestExpense`	$58.06K	USD	Annual
NET REVENUES	`RevenuesNetOfInterestExpense`	$209.43K	USD	Annual
COST OF REVENUES	`CostOfGoodsSold`	$116.82K	USD	Annual
COST OF REVENUES	`CostOfGoodsSold`	$35.60K	USD	Annual
GROSS PROFIT	`GrossProfit`	$92.61K	USD	Annual
GROSS PROFIT	`GrossProfit`	$22.46K	USD	Annual
Depreciation	`Depreciation`	$2.00K	USD	Annual
Depreciation	`Depreciation`	$2.00K	USD	Annual
Selling and marketing	`SellingAndMarketingExpense`	$10.02K	USD	Annual
Selling and marketing	`SellingAndMarketingExpense`	$11.37K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$138.36K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$156.85K	USD	Annual
Total Expenses	`OperatingExpenses`	$168.87K	USD	Annual
Total Expenses	`OperatingExpenses`	$151.73K	USD	Annual
(Loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-146.41K	USD	Annual
(Loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-59.12K	USD	Annual
Casualty loss	`IncreaseDecreaseInPropertyAndCasualtyInsuranceLiabilities`	-	USD	Annual
Casualty loss	`IncreaseDecreaseInPropertyAndCasualtyInsuranceLiabilities`	$78.84K	USD	Annual
Interest Expense	`InterestExpense`	$10.47K	USD	Annual
Interest Expense	`InterestExpense`	$3.47K	USD	Annual
Total other income and (expense)	`OtherOperatingIncome`	$-89.31K	USD	Annual
Total other income and (expense)	`OtherOperatingIncome`	$-3.47K	USD	Annual
Net (Loss)	`NetIncomeLoss`	$-62.58K	USD	Annual
Net (Loss)	`NetIncomeLoss`	$-235.71K	USD	Annual
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	-	USD	Annual
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	-	USD	Annual
Weighted average number of shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	267.47M	shares	Annual
Weighted average number of shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.43M	shares	Annual

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-62.58K	USD	Annual
Net loss	`NetIncomeLoss`	$-235.71K	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$10.00K	USD	Annual
Common stock issued for notes payable conversion	`ConversionOfStockAmountIssued1`	-	USD	Annual
Common stock issued for notes payable conversion	`ConversionOfStockAmountIssued1`	$31.00K	USD	Annual
Interest paid by shareholder	`InterestPaidByShareholder`	$20.14K	USD	Annual
Interest paid by shareholder	`InterestPaidByShareholder`	$167.00	USD	Annual
Depreciation	`DepreciationAndAmortization`	$2.00K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$2.00K	USD	Annual
(Increase)/Decrease Inventories	`IncreaseDecreaseInInventories`	$45.10K	USD	Annual
(Increase)/Decrease Inventories	`IncreaseDecreaseInInventories`	$-16.45K	USD	Annual
(Increase)/Decrease Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-45.10K	USD	Annual
(Increase)/Decrease Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$19.03K	USD	Annual
Decrease/ (Increase) in other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-2.22K	USD	Annual
Decrease/ (Increase) in other assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.65K	USD	Annual
Increase in accounts payables	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$42.62K	USD	Annual
Increase in accounts payables	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$28.01K	USD	Annual
Increase in note payable	`IncreaseDecreaseInNotesPayableCurrent`	$74.59K	USD	Annual
Increase in note payable	`IncreaseDecreaseInNotesPayableCurrent`	$329.00	USD	Annual
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-54.84K	USD	Annual
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-28.58K	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Cash Overdraft	`IncreaseDecreaseInBookOverdrafts`	$400.00	USD	Annual
Cash Overdraft	`IncreaseDecreaseInBookOverdrafts`	-	USD	Annual
Contribution by member	`ProceedsFromPartnershipContribution`	-	USD	Annual
Contribution by member	`ProceedsFromPartnershipContribution`	$100.00	USD	Annual
Officer advance receivable decrease	`OfficerAdvanceReceivableDecrease`	-	USD	Annual
Officer advance receivable decrease	`OfficerAdvanceReceivableDecrease`	$4.78K	USD	Annual
Notes payable converted to common stock	`NotesPayableConvertedToCommonStock`	$16.07K	USD	Annual
Notes payable converted to common stock	`NotesPayableConvertedToCommonStock`	$-31.00K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromSaleOfCommonStock`	$22.00K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromSaleOfCommonStock`	$7.98K	USD	Annual
Proceeds from loans payable	`ProceedsFromLoansPayable`	$56.00K	USD	Annual
Proceeds from loans payable	`ProceedsFromLoansPayable`	-	USD	Annual
Net cash used in provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$51.88K	USD	Annual
Net cash used in provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.45K	USD	Annual
INCREASE/(DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-4.12K	USD	Annual
INCREASE/(DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-2.96K	USD	Annual
CASH AT BEGINNING OF PERIOD	`Cash`	-	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$7.08K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$4.12K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	-	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$7.08K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$4.12K	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Stock issued for payment of debt	`StockIssued1`	$16.07K	USD	Annual
Stock issued for payment of debt	`StockIssued1`	-	USD	Annual

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-18.54K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-19.12K	USD	Point-in-time
Common stock cancelled pursuant to Share Exchange Agreement, Value	`CommonStockCancelledPursuantToShareExchangeAgreementValue`	-	USD	Annual
Common stock issued pursuant to Share Exchange Agreement, Value	`CommonStockIssuedPursuantToShareExchangeAgreementValue`	-	USD	Annual
Common stock issued for Offering, Value	`StockIssuedDuringPeriodValueNewIssues`	$22.00K	USD	Annual
Common stock issued for services, Value	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	Annual
Common stock issued for services, Value	`StockIssuedDuringPeriodValueIssuedForServices`	$10.00K	USD	Annual
Common stock issued for conversion of Notes Payable, Value	`CommonStockIssuedForConversionOfNotesPayableValue`	$31.00K	USD	Annual
Common stock issued for conversion of Notes Payable, Value	`CommonStockIssuedForConversionOfNotesPayableValue`	$24.05K	USD	Annual
Interest payment by shareholder	`InterestPaymentByShareholder`	$167.00	USD	Annual
Return to authorised #1605 and 1606, Value	`ReturnToAuthorised1605And1606Value`	-	USD	Annual
Net Loss	`NetIncomeLoss`	$-62.58K	USD	Annual
Net Loss	`NetIncomeLoss`	$-235.71K	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$-230.20K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-18.54K	USD	Point-in-time

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