10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001477932-14-003731 |
| Period End Date | 20140331 |
| Filing Date | 20140716 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | bisu-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Cash |
Cash
|
- | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
200.00M | shares | Point-in-time |
| Cash |
Cash
|
$711.00 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
200.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
18.87M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
21.39M | shares | Point-in-time |
| Inventory |
InventoryNet
|
$24.88K | USD | Point-in-time |
| Inventory |
InventoryNet
|
$23.68K | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
18.87M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
21.39M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$23.68K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$25.59K | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$23.68K | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$25.59K | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$165.28K | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$144.63K | USD | Point-in-time |
| Short - term loans |
NotesPayableCurrent
|
$6.00K | USD | Point-in-time |
| Short - term loans |
NotesPayableCurrent
|
$6.00K | USD | Point-in-time |
| Short - term loans - related parties |
DueToRelatedPartiesCurrent
|
$1.69K | USD | Point-in-time |
| Short - term loans - related parties |
DueToRelatedPartiesCurrent
|
$1.67K | USD | Point-in-time |
| Short - term loans - convertible |
ConvertibleNotesPayableCurrent
|
$47.50K | USD | Point-in-time |
| Short - term loans - convertible |
ConvertibleNotesPayableCurrent
|
$71.04K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$220.47K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$223.35K | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$223.35K | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$220.47K | USD | Point-in-time |
| Common stock, $0.001 par value, 200,000,000 shares authorized, 21,388,003 and 18,872,777 shares issued and outstanding as of March 31, 2014 and December 31, 2013, respectively (1) |
CommonStockValue
|
$21.39K | USD | Point-in-time |
| Common stock, $0.001 par value, 200,000,000 shares authorized, 21,388,003 and 18,872,777 shares issued and outstanding as of March 31, 2014 and December 31, 2013, respectively (1) |
CommonStockValue
|
$18.87K | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapitalCommonStock
|
$4.76M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapitalCommonStock
|
$4.74M | USD | Point-in-time |
| Stock to be issued |
StockToBeIssued1
|
$41.00K | USD | Point-in-time |
| Stock to be issued |
StockToBeIssued1
|
$34.40K | USD | Point-in-time |
| Deferred Compensation |
DeferredCompensationLiabilityCurrent
|
$-17.37K | USD | Point-in-time |
| Deferred Compensation |
DeferredCompensationLiabilityCurrent
|
- | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.87M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.87M | USD | Point-in-time |
| Deficit accumulated during the development stage |
DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
|
$2.07M | USD | Point-in-time |
| Deficit accumulated during the development stage |
DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
|
$2.03M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-75.28K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-75.28K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-197.76K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-196.79K | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT |
LiabilitiesAndStockholdersEquity
|
$23.68K | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT |
LiabilitiesAndStockholdersEquity
|
$25.59K | USD | Point-in-time |
Income Statement
55 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| REVENUE |
SalesRevenueGoodsNet
|
$271.00 | USD | 10 Qtrs |
| REVENUE |
SalesRevenueGoodsNet
|
- | USD | 1 Quarter |
| REVENUE |
SalesRevenueGoodsNet
|
$47.00 | USD | 1 Quarter |
| COST OF REVENUES |
CostOfRevenue
|
$1.00K | USD | 1 Quarter |
| COST OF REVENUES |
CostOfRevenue
|
$6.95K | USD | 10 Qtrs |
| COST OF REVENUES |
CostOfRevenue
|
- | USD | 1 Quarter |
| GROSS LOSS |
GrossProfit
|
$-6.68K | USD | 10 Qtrs |
| GROSS LOSS |
GrossProfit
|
- | USD | 1 Quarter |
| GROSS LOSS |
GrossProfit
|
$-953.00 | USD | 1 Quarter |
| Professional fees/stock based compensation |
SalariesAndWages
|
$1.50M | USD | 10 Qtrs |
| Professional fees/stock based compensation |
SalariesAndWages
|
$183.26K | USD | 1 Quarter |
| Professional fees/stock based compensation |
SalariesAndWages
|
$33.62K | USD | 1 Quarter |
| Amortization expense and impairment |
AmortizationExpenseAndImpairment
|
- | USD | 1 Quarter |
| Amortization expense and impairment |
AmortizationExpenseAndImpairment
|
- | USD | 1 Quarter |
| Amortization expense and impairment |
AmortizationExpenseAndImpairment
|
$285.29K | USD | 10 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$5.36K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$9.25K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$51.14K | USD | 10 Qtrs |
| Total operating expenses |
OperatingExpenses
|
$38.98K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$1.84M | USD | 10 Qtrs |
| Total operating expenses |
OperatingExpenses
|
$192.51K | USD | 1 Quarter |
| LOSS FROM OPERATIONS |
OperatingIncomeLoss
|
$-1.84M | USD | 10 Qtrs |
| LOSS FROM OPERATIONS |
OperatingIncomeLoss
|
$-39.93K | USD | 1 Quarter |
| LOSS FROM OPERATIONS |
OperatingIncomeLoss
|
$-192.51K | USD | 1 Quarter |
| Interest income (expense) |
InterestExpense
|
$211.51K | USD | 10 Qtrs |
| Interest income (expense) |
InterestExpense
|
$6.47K | USD | 1 Quarter |
| Interest income (expense) |
InterestExpense
|
$43.19K | USD | 1 Quarter |
| Loss on conversion of debt |
DebtConversionOriginalDebtAmount1
|
$-21.00K | USD | 10 Qtrs |
| Loss on conversion of debt |
DebtConversionOriginalDebtAmount1
|
- | USD | 1 Quarter |
| Loss on conversion of debt |
DebtConversionOriginalDebtAmount1
|
- | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-232.51K | USD | 10 Qtrs |
| Total other expense |
NonoperatingIncomeExpense
|
$-43.19K | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-6.47K | USD | 1 Quarter |
| LOSS BEFORE INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-235.70K | USD | 1 Quarter |
| LOSS BEFORE INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-2.07M | USD | 10 Qtrs |
| LOSS BEFORE INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-46.41K | USD | 1 Quarter |
| PROVISION FOR (BENEFIT FROM) INCOME TAXES |
IncomeTaxExpenseBenefit
|
- | USD | 10 Qtrs |
| PROVISION FOR (BENEFIT FROM) INCOME TAXES |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| PROVISION FOR (BENEFIT FROM) INCOME TAXES |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| NET LOSS |
NetIncomeLoss
|
$-2.07M | USD | 10 Qtrs |
| NET LOSS |
NetIncomeLoss
|
$-46.41K | USD | 1 Quarter |
| NET LOSS |
NetIncomeLoss
|
$-235.70K | USD | 1 Quarter |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC AND DILUTED (2) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.00M | shares | 1 Quarter |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC AND DILUTED (2) |
WeightedAverageNumberOfSharesOutstandingBasic
|
10.88M | shares | 1 Quarter |
| NET LOSS PER SHARE - BASIC AND DILUTED |
EarningsPerShareBasic
|
- | USD | 1 Quarter |
| NET LOSS PER SHARE - BASIC AND DILUTED |
EarningsPerShareBasic
|
$-0.02 | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-2.07M | USD | 10 Qtrs |
| Net loss |
NetIncomeLoss
|
$-46.41K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-235.70K | USD | 1 Quarter |
| Currency translation gains (losses) |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
- | USD | 1 Quarter |
| Currency translation gains (losses) |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-12.58K | USD | 10 Qtrs |
| Currency translation gains (losses) |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
- | USD | 1 Quarter |
| TOTAL COMPREHENSIVE LOSS |
ComprehensiveIncomeNetOfTax
|
$-2.09M | USD | 10 Qtrs |
| TOTAL COMPREHENSIVE LOSS |
ComprehensiveIncomeNetOfTax
|
$-235.70K | USD | 1 Quarter |
| TOTAL COMPREHENSIVE LOSS |
ComprehensiveIncomeNetOfTax
|
$-46.41K | USD | 1 Quarter |
Cash Flow Statement
63 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cancellation shares |
CancellationShares
|
600,000.00 | shares | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-2.07M | USD | 10 Qtrs |
| Net loss |
NetIncomeLoss
|
$-46.41K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-235.70K | USD | 1 Quarter |
| Impairment expense |
AssetImpairmentCharges
|
$285.29K | USD | 10 Qtrs |
| Impairment expense |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Impairment expense |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Common stock issued for services |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$17.37K | USD | 1 Quarter |
| Common stock issued for services |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$160.69K | USD | 1 Quarter |
| Common stock issued for services |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$1.30M | USD | 10 Qtrs |
| Beneficial Conversion Feature of Notes Payable |
DebtInstrumentConvertibleBeneficialConversionFeature
|
$-5.67K | USD | 1 Quarter |
| Beneficial Conversion Feature of Notes Payable |
DebtInstrumentConvertibleBeneficialConversionFeature
|
$-42.07K | USD | 1 Quarter |
| Beneficial Conversion Feature of Notes Payable |
DebtInstrumentConvertibleBeneficialConversionFeature
|
$-212.94K | USD | 10 Qtrs |
| Loss on conversion of debt |
DebtConversionOriginalDebtAmount1
|
$-21.00K | USD | 10 Qtrs |
| Loss on conversion of debt |
DebtConversionOriginalDebtAmount1
|
- | USD | 1 Quarter |
| Loss on conversion of debt |
DebtConversionOriginalDebtAmount1
|
- | USD | 1 Quarter |
| (Increase) decrease in inventory |
IncreaseDecreaseInInventories
|
- | USD | 1 Quarter |
| (Increase) decrease in inventory |
IncreaseDecreaseInInventories
|
$23.68K | USD | 10 Qtrs |
| (Increase) decrease in inventory |
IncreaseDecreaseInInventories
|
$-1.20K | USD | 1 Quarter |
| (Increase) decrease in prepaids |
IncreaseDecreaseInPrepaidExpense
|
- | USD | 10 Qtrs |
| (Increase) decrease in prepaids |
IncreaseDecreaseInPrepaidExpense
|
- | USD | 1 Quarter |
| (Increase) decrease in prepaids |
IncreaseDecreaseInPrepaidExpense
|
$40.71K | USD | 1 Quarter |
| Increase (decrease) in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$61.85K | USD | 10 Qtrs |
| Increase (decrease) in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$21.45K | USD | 1 Quarter |
| Increase (decrease) in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$23.34K | USD | 1 Quarter |
| Total adjustments |
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$45.69K | USD | 1 Quarter |
| Total adjustments |
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$185.39K | USD | 1 Quarter |
| Total adjustments |
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$1.85M | USD | 10 Qtrs |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-221.39K | USD | 10 Qtrs |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-711.00 | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-50.30K | USD | 1 Quarter |
| Proceeds from notes and loans payable |
ProceedsFromNotesAndLoansPayable
|
$-214.55K | USD | 10 Qtrs |
| Proceeds from notes and loans payable |
ProceedsFromNotesAndLoansPayable
|
$-52.00K | USD | 1 Quarter |
| Proceeds from notes and loans payable |
ProceedsFromNotesAndLoansPayable
|
- | USD | 1 Quarter |
| Principal payments on notes and loans payable |
PrincipalPaymentsOnNotesAndLoansPayable
|
$-2.60K | USD | 10 Qtrs |
| Principal payments on notes and loans payable |
PrincipalPaymentsOnNotesAndLoansPayable
|
- | USD | 1 Quarter |
| Principal payments on notes and loans payable |
PrincipalPaymentsOnNotesAndLoansPayable
|
- | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$52.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$211.95K | USD | 10 Qtrs |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$5.51K | USD | 10 Qtrs |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
- | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
- | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-3.93K | USD | 10 Qtrs |
| NET INCREASE (DECREASE) IN CASH |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-711.00 | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.70K | USD | 1 Quarter |
| CASH - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$3.93K | USD | Point-in-time |
| CASH - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$1.08K | USD | Point-in-time |
| CASH - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$711.00 | USD | Point-in-time |
| CASH - END OF PERIOD |
CashEquivalentsAtCarryingValue
|
$2.77K | USD | Point-in-time |
| CASH - END OF PERIOD |
CashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Conversion of notes payable and accrued interest to common stock |
DebtConversionConvertedInstrumentAmount1
|
$30.00K | USD | 1 Quarter |
| Conversion of notes payable and accrued interest to common stock |
DebtConversionConvertedInstrumentAmount1
|
$34.07K | USD | 1 Quarter |
| Conversion of notes payable and accrued interest to common stock |
DebtConversionConvertedInstrumentAmount1
|
$232.50K | USD | 10 Qtrs |
| Cancellation of 600,000 shares of common stock to settle liabilities |
CancellationOfSharesOfCommonStockToSettleLiabilities
|
$21.00K | USD | 10 Qtrs |
| Cancellation of 600,000 shares of common stock to settle liabilities |
CancellationOfSharesOfCommonStockToSettleLiabilities
|
- | USD | 1 Quarter |
| Cancellation of 600,000 shares of common stock to settle liabilities |
CancellationOfSharesOfCommonStockToSettleLiabilities
|
$21.00K | USD | 1 Quarter |
| Conversion of liability to common stock |
StockIssued1
|
- | USD | 1 Quarter |
| Conversion of liability to common stock |
StockIssued1
|
$54.17K | USD | 10 Qtrs |
| Conversion of liability to common stock |
StockIssued1
|
- | USD | 1 Quarter |
| Stock to be issued |
StockToBeIssued
|
- | USD | 1 Quarter |
| Stock to be issued |
StockToBeIssued
|
$291.56K | USD | 10 Qtrs |
| Stock to be issued |
StockToBeIssued
|
- | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.