10-Q Filing

VAPOR GROUP, INC. CIK: 1315718 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001477932-14-000237`
Period End Date	20130930
Filing Date	20140116
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	spli-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 69 Cash Flow Statement 54 Stockholders Equity 28

Balance Sheet 49 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 authorised	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Shares authorised	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	1.00M	shares	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$-442.00	USD	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	1.00M	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
Total Checking/Savings	`CheckingSavings`	$-442.00	USD	Point-in-time
Common stock, Shares authorised	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, Shares authorised	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	270.02M	shares	Point-in-time
Other	`OtherAssetsCurrent`	$5.00K	USD	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	270.02M	shares	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	270.02M	shares	Point-in-time
Total Other Current Assets	`TotalOtherCurrentAssets`	$5.00K	USD	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	270.02M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.56K	USD	Point-in-time
Accumulated Depreciation	`PropertyPlantAndEquipmentNet`	$3.00K	USD	Point-in-time
Accumulated Depreciation	`PropertyPlantAndEquipmentNet`	$1.50K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$3.00K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$1.50K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.06K	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$400.00	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$135.65K	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$82.20K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$150.59K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$150.59K	USD	Point-in-time
Total Other Current Liabilities	`OtherLiabilitiesCurrent`	$233.20K	USD	Point-in-time
Total Other Current Liabilities	`OtherLiabilitiesCurrent`	$286.24K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$286.24K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$233.20K	USD	Point-in-time
Total Liabilities	`Liabilities`	$286.24K	USD	Point-in-time
Total Liabilities	`Liabilities`	$233.20K	USD	Point-in-time
Preferred stock, 0.001 par value, 10,000,000 shares authorized, 1,000,000 and 0 issued and outstanding at September 30, 2013 and December 31, 2012, respectively	`PreferredStockValue`	$1.00K	USD	Point-in-time
Common stock, 0.001 par value, 500,000,000 shares authorized, 270,020,145, issued and outstanding at September 30, 2013 and December 31, 2012	`CommonStockValue`	$270.02K	USD	Point-in-time
Common stock, 0.001 par value, 500,000,000 shares authorized, 270,020,145, issued and outstanding at September 30, 2013 and December 31, 2012	`CommonStockValue`	$270.02K	USD	Point-in-time
Adiditional Paid-in-Capital	`AdditionalPaidInCapital`	$1.01M	USD	Point-in-time
Adiditional Paid-in-Capital	`AdditionalPaidInCapital`	$1.01M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-1.56M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-1.51M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-230.20K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-280.18K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$3.00K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$6.06K	USD	Point-in-time

Income Statement 69 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueNet`	$62.73K	USD	3 Qtrs
Sales	`SalesRevenueNet`	$55.75K	USD	3 Qtrs
Sales	`SalesRevenueNet`	$15.26K	USD	1 Quarter
Total Income	`Revenues`	$62.73K	USD	3 Qtrs
Total Income	`Revenues`	$55.75K	USD	3 Qtrs
Total Income	`Revenues`	$15.26K	USD	1 Quarter
Cost of Sale	`CostOfSales`	$-44.80K	USD	3 Qtrs
Cost of Sale	`CostOfSales`	$-35.60K	USD	3 Qtrs
Cost of Sale	`CostOfSales`	$-7.13K	USD	1 Quarter
Total COGS	`CostOfGoodsSold`	$7.13K	USD	1 Quarter
Total COGS	`CostOfGoodsSold`	$35.60K	USD	3 Qtrs
Total COGS	`CostOfGoodsSold`	$44.80K	USD	3 Qtrs
Gross Profit (loss)	`GrossProfit`	$8.13K	USD	1 Quarter
Gross Profit (loss)	`GrossProfit`	$17.93K	USD	3 Qtrs
Gross Profit (loss)	`GrossProfit`	$20.16K	USD	3 Qtrs
Depreciation Expense	`Depreciation`	$1.50K	USD	3 Qtrs
Depreciation Expense	`Depreciation`	$500.00	USD	1 Quarter
Depreciation Expense	`Depreciation`	$500.00	USD	1 Quarter
Depreciation Expense	`Depreciation`	$1.50K	USD	3 Qtrs
Depreciation Expense	`Depreciation`	$-2.00K	USD	Annual
Selling & Marketing	`SellingAndMarketingExpense`	$240.00	USD	1 Quarter
Selling & Marketing	`SellingAndMarketingExpense`	$9.83K	USD	3 Qtrs
Selling & Marketing	`SellingAndMarketingExpense`	$99.00	USD	3 Qtrs
General Administrative	`GeneralAndAdministrativeExpense`	$17.25K	USD	1 Quarter
General Administrative	`GeneralAndAdministrativeExpense`	$69.63K	USD	3 Qtrs
General Administrative	`GeneralAndAdministrativeExpense`	$57.78K	USD	3 Qtrs
Interest Expense	`InterestExpense`	$4.83K	USD	3 Qtrs
Interest Expense	`InterestExpense`	$3.54K	USD	1 Quarter
Interest Expense	`InterestExpense`	$10.61K	USD	3 Qtrs
Accounting	`AccountingExpenses`	$7.28K	USD	3 Qtrs
Attorney	`AttorneyExpenses`	$500.00	USD	3 Qtrs
Auto	`AutoExpenses`	$331.00	USD	1 Quarter
Auto	`AutoExpenses`	$660.00	USD	3 Qtrs
Bank charge	`BankChargeExpenses`	$271.00	USD	1 Quarter
Bank charge	`BankChargeExpenses`	$631.00	USD	3 Qtrs
Insurance	`InsuranceExpenses`	$471.00	USD	3 Qtrs
Insurance	`InsuranceExpenses`	$237.00	USD	1 Quarter
Meals and entertainment	`MealsAndEntertainmentExpenses`	$495.00	USD	3 Qtrs
Meals and entertainment	`MealsAndEntertainmentExpenses`	$223.00	USD	1 Quarter
Miscellaneous	`TaxesExcludingIncomeAndExciseTaxes`	$-3.19K	USD	3 Qtrs
Miscellaneous	`TaxesExcludingIncomeAndExciseTaxes`	$679.00	USD	1 Quarter
Office	`OfficeExpenses`	$933.00	USD	3 Qtrs
Office	`OfficeExpenses`	$569.00	USD	1 Quarter
Payroll	`OtherLaborRelatedExpenses`	$10.31K	USD	3 Qtrs
Petty cash	`PettyCashExpenses`	$3.66K	USD	3 Qtrs
Petty cash	`PettyCashExpenses`	$2.51K	USD	1 Quarter
Professional fee	`ProfessionalFees`	$2.92K	USD	3 Qtrs
Rent	`LeaseAndRentalExpense`	$4.60K	USD	3 Qtrs
Shipping	`ShippingHandlingAndTransportationCosts`	$192.00	USD	3 Qtrs
Shipping	`ShippingHandlingAndTransportationCosts`	$42.00	USD	1 Quarter
Tax and license	`DirectTaxesAndLicensesCosts`	$181.00	USD	3 Qtrs
Telephone	`TelephoneExpenses`	$1.56K	USD	1 Quarter
Telephone	`TelephoneExpenses`	$3.63K	USD	3 Qtrs
Total Expense	`OperatingExpenses`	$7.17K	USD	1 Quarter
Total Expense	`OperatingExpenses`	$69.99K	USD	3 Qtrs
Total Expense	`OperatingExpenses`	$119.05K	USD	3 Qtrs
Total Expense	`OperatingExpenses`	$21.29K	USD	1 Quarter
Net Ordinary Income	`ProfitLoss`	$-21.29K	USD	1 Quarter
Net Ordinary Income	`ProfitLoss`	$-52.06K	USD	3 Qtrs
Net Ordinary Income	`ProfitLoss`	$-98.90K	USD	3 Qtrs
Net Ordinary Income	`ProfitLoss`	$956.00	USD	1 Quarter
Adjustment from previous year	`AdjustmentFromPreviousYear`	$1.07K	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$-50.99K	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$-62.58K	USD	Annual
Net Income	`NetIncomeLoss`	$956.00	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-235.71K	USD	Annual
Net Income	`NetIncomeLoss`	$33.70K	USD	Annual
Net Income	`NetIncomeLoss`	$-98.90K	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$-21.29K	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$-21.29K	USD	1 Quarter
Net Income	`ProfitLoss`	$-52.06K	USD	3 Qtrs
Net Income	`ProfitLoss`	$-98.90K	USD	3 Qtrs
Net Income	`ProfitLoss`	$956.00	USD	1 Quarter
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-11.99K	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.83K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$33.74K	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingAssets`	$5.00K	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingAssets`	$-249.00	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingAssets`	$-19.25K	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingAssets`	$5.00K	USD	3 Qtrs
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-10.31K	USD	1 Quarter
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$24.79K	USD	1 Quarter
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$135.65K	USD	3 Qtrs
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-39.22K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$249.00	USD	3 Qtrs
Notes Payable	`IncreaseDecreaseInNotesPayableCurrent`	$150.59K	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$229.19K	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.50K	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-140.37K	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$726.00	USD	1 Quarter
Accumulated Depreciation	`AccumulatedDepreciation`	$-1.50K	USD	3 Qtrs
Accumulated Depreciation	`AccumulatedDepreciation`	$500.00	USD	1 Quarter
Accumulated Depreciation	`AccumulatedDepreciation`	$500.00	USD	1 Quarter
Accumulated Depreciation	`AccumulatedDepreciation`	$1.50K	USD	3 Qtrs
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$500.00	USD	1 Quarter
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$500.00	USD	1 Quarter
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.50K	USD	3 Qtrs
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$1.50K	USD	3 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByFinancingActivities`	$-7.98K	USD	3 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByFinancingActivities`	$228.13K	USD	3 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByFinancingActivities`	$-1.00K	USD	1 Quarter
Capital Stock:Common Stock	`CapitalStockcommonStock`	$-16.07K	USD	3 Qtrs
Current Portion LTD	`ProceedsFromShortTermDebt`	$5.12K	USD	1 Quarter
Proceeds from related party loands and advances	`ProceedsFromRelatedPartyDebt`	$34.38K	USD	3 Qtrs
Long Term Debt	`IncreasedecreaseLongTermDebt`	$76.48K	USD	3 Qtrs
Net Cash Provided by Financing	`NetCashProvidedByUsedInFinancingActivities`	$1.00K	USD	1 Quarter
Net Cash Provided by Financing	`NetCashProvidedByUsedInFinancingActivities`	$5.12K	USD	1 Quarter
Net Cash Provided by Financing	`NetCashProvidedByUsedInFinancingActivities`	$-228.13K	USD	3 Qtrs
Net Cash Provided by Financing	`NetCashProvidedByUsedInFinancingActivities`	$134.91K	USD	3 Qtrs
Net cash increase for period	`CashPeriodIncreaseDecrease`	$6.34K	USD	1 Quarter
Net cash increase for period	`CashPeriodIncreaseDecrease`	$-3.96K	USD	3 Qtrs
Net cash increase for period	`CashPeriodIncreaseDecrease`	$-442.00	USD	3 Qtrs
Net cash increase for period	`CashPeriodIncreaseDecrease`	-	USD	1 Quarter
Cash at beginning of period	`Cash`	$-442.00	USD	Point-in-time
Cash at beginning of period	`Cash`	$4.12K	USD	Point-in-time
Cash at beginning of period	`Cash`	$-6.19K	USD	Point-in-time
Cash at beginning of period	`Cash`	$-442.00	USD	Point-in-time
Cash at beginning of period	`Cash`	$158.00	USD	Point-in-time
Cash at end of period	`Cash`	$-442.00	USD	Point-in-time
Cash at end of period	`Cash`	$4.12K	USD	Point-in-time
Cash at end of period	`Cash`	$-6.19K	USD	Point-in-time
Cash at end of period	`Cash`	$-442.00	USD	Point-in-time
Cash at end of period	`Cash`	$158.00	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-230.20K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-18.54K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-36.64K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-19.12K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-280.18K	USD	Point-in-time
Common stock cancelled pursuant to Share Exchange Agreement, Amount	`CommonStockCancelledPursuantToShareExchangeAgreementAmount`	-	USD	Annual
Common stock issued pursuant to Share Exchange Agreement, Amount	`CommonStockIssuedPursuantToShareExchangeAgreementValue`	-	USD	Annual
Common stock issued for Offering, Amount	`StockIssuedDuringPeriodValueNewIssues`	$22.00K	USD	Annual
Common stock issued for services, Amount	`StockIssuedDuringPeriodValueIssuedForServices`	$10.00K	USD	Annual
Common stock issued for conversion of Notes Payable, Amount	`CommonStockIssuedForConversionOfNotesPayableValue`	$31.00K	USD	Annual
Common stock issued for conversion of Notes Payable, Amount	`CommonStockIssuedForConversionOfNotesPayableValue`	$24.05K	USD	Annual
Interest payment by shareholder	`InterestPaymentByShareholder`	$167.00	USD	Annual
Net loss for the three months ended March 2013	`NetLossForThreeMonthsEndedMarch2013`	$-18.98K	USD	3 Qtrs
Net loss for the three months ended June 2013	`NetLossForThreeMonthsEndedJune2013`	$-10.72K	USD	3 Qtrs
Preferred Shares	`PreferredShares`	$1.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-50.99K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-62.58K	USD	Annual
Net loss	`NetIncomeLoss`	$956.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-235.71K	USD	Annual
Net loss	`NetIncomeLoss`	$33.70K	USD	Annual
Net loss	`NetIncomeLoss`	$-98.90K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-21.29K	USD	1 Quarter
Distributions	`Distributions`	$-16.18K	USD	Annual
Ending Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-230.20K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-18.54K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-36.64K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-19.12K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-280.18K	USD	Point-in-time

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