10-Q Filing

NUDG MEDIA INC. CIK: 1526183 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001494733-13-000169`
Period End Date	20130630
Filing Date	20130823
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	eirc-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 41 Income Statement 55 Cash Flow Statement 65

Balance Sheet 41 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$13.82K	USD	Point-in-time
Common Stock, Par Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$423.00	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	5.20B	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	5.20B	shares	Point-in-time
deferred offering costs	`DeferredOfferingCosts`	$2.00K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	368.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	368.00M	shares	Point-in-time
Furniture and Equipment	`OtherAssets`	$1.21K	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	168.00M	shares	Point-in-time
Total Fixed assets	`AssetsDesignatedToClosedBlockFixedMaturityAvailableForSaleAtFairValue`	$1.21K	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	168.00M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$15.03K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$2.42K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$29.24K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$7.79K	USD	Point-in-time
Salaries payable	`AccruedSalariesCurrent`	$287.96K	USD	Point-in-time
Loans payable	`LoansPayable`	$45.00K	USD	Point-in-time
Loans payable	`LoansPayable`	$35.00K	USD	Point-in-time
Loans from Related Party	`RelatedPartyTransactionDueFromToRelatedParty`	$75.65K	USD	Point-in-time
Loans from Related Party	`RelatedPartyTransactionDueFromToRelatedParty`	$4.58K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$437.85K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$47.36K	USD	Point-in-time
Loans from related parties	`DueFromRelatedParties`	$250.00	USD	Point-in-time
Prefunding payroll accrual	`AccruedPayrollTaxesCurrent`	$1.27M	USD	Point-in-time
Prefunding payroll accrual	`AccruedPayrollTaxesCurrent`	$1.27M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.71M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.32M	USD	Point-in-time
Common stock (par value $0.001 per share, 5,200,000,000 shares. Shares authorized; 368,000,008 and 168,000,000 shares issued and outstanding, respectively	`CommonStockValue`	$168.00K	USD	Point-in-time
Common stock (par value $0.001 per share, 5,200,000,000 shares. Shares authorized; 368,000,008 and 168,000,000 shares issued and outstanding, respectively	`CommonStockValue`	$368.00K	USD	Point-in-time
deficit in Paid in Capital	`AdditionalPaidInCapital`	$-158.63K	USD	Point-in-time
deficit in Paid in Capital	`AdditionalPaidInCapital`	$-293.91K	USD	Point-in-time
stock subscriptions receivable	`StockholdersEquityNoteSubscriptionsReceivable`	$-28.27K	USD	Point-in-time
stock subscriptions receivable	`StockholdersEquityNoteSubscriptionsReceivable`	$-8.27K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-1.74M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-1.32M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY/(DEFICIT)	`StockholdersEquity`	$-1.32M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY/(DEFICIT)	`StockholdersEquity`	$-1.69M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$2.42K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$15.03K	USD	Point-in-time

Income Statement 55 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	$7.50K	USD	1 Quarter
Revenues	`Revenues`	$7.50K	USD	2 Qtrs
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	$12.00K	USD	9 Qtrs
general and administrative	`GeneralAndAdministrativeExpense`	$411.56K	USD	2 Qtrs
general and administrative	`GeneralAndAdministrativeExpense`	$250.62K	USD	1 Quarter
general and administrative	`GeneralAndAdministrativeExpense`	$1.73M	USD	9 Qtrs
general and administrative	`GeneralAndAdministrativeExpense`	$291.59K	USD	2 Qtrs
general and administrative	`GeneralAndAdministrativeExpense`	$145.78K	USD	1 Quarter
selling and marketing	`SellingAndMarketingExpense`	$24.40K	USD	9 Qtrs
selling and marketing	`SellingAndMarketingExpense`	$964.00	USD	2 Qtrs
selling and marketing	`SellingAndMarketingExpense`	$289.00	USD	1 Quarter
selling and marketing	`SellingAndMarketingExpense`	$5.14K	USD	1 Quarter
selling and marketing	`SellingAndMarketingExpense`	$10.78K	USD	2 Qtrs
research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
research and development	`ResearchAndDevelopmentExpense`	-	USD	2 Qtrs
research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
research and development	`ResearchAndDevelopmentExpense`	-	USD	2 Qtrs
research and development	`ResearchAndDevelopmentExpense`	$720.00	USD	9 Qtrs
Total Expenses	`OperatingExpenses`	$1.75M	USD	9 Qtrs
Total Expenses	`OperatingExpenses`	$292.55K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$255.76K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$146.06K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$422.34K	USD	2 Qtrs
(loss) from Operations	`IncomeLossFromContinuingOperations`	$-1.74M	USD	9 Qtrs
(loss) from Operations	`IncomeLossFromContinuingOperations`	$-255.76K	USD	1 Quarter
(loss) from Operations	`IncomeLossFromContinuingOperations`	$-422.34K	USD	2 Qtrs
(loss) from Operations	`IncomeLossFromContinuingOperations`	$-138.56K	USD	1 Quarter
(loss) from Operations	`IncomeLossFromContinuingOperations`	$-285.05K	USD	2 Qtrs
Other Income (expense)	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Other Income (expense)	`OtherNoncashIncomeExpense`	-	USD	9 Qtrs
Other Income (expense)	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Other Income (expense)	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Other Income (expense)	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Provision for Income Tax	`CurrentIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Tax	`CurrentIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Tax	`CurrentIncomeTaxExpenseBenefit`	-	USD	9 Qtrs
Provision for Income Tax	`CurrentIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Tax	`CurrentIncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-255.76K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-1.74M	USD	9 Qtrs
NET LOSS	`NetIncomeLoss`	$-422.34K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-285.05K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-138.56K	USD	1 Quarter
LOSS PER COMMON SHARE BASIC	`EarningsPerShareBasic`	$-0.02	USD	2 Qtrs
LOSS PER COMMON SHARE BASIC	`EarningsPerShareBasic`	-	USD	9 Qtrs
LOSS PER COMMON SHARE BASIC	`EarningsPerShareBasic`	-	USD	2 Qtrs
LOSS PER COMMON SHARE BASIC	`EarningsPerShareBasic`	-	USD	1 Quarter
LOSS PER COMMON SHARE BASIC	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	18.51M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	279.84M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	-	shares	9 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	363.69M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	18.69M	shares	1 Quarter

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
NET LOSS	`NetIncomeLoss`	$-255.76K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-1.74M	USD	9 Qtrs
NET LOSS	`NetIncomeLoss`	$-422.34K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-285.05K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-138.56K	USD	1 Quarter
Common stock issued as compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$205.00	USD	9 Qtrs
Deffered offering costs	`DefferedOfferingCosts`	-	USD	9 Qtrs
Deffered offering costs	`DefferedOfferingCosts`	$2.00K	USD	2 Qtrs
Deffered offering costs	`DefferedOfferingCosts`	$18.00	USD	2 Qtrs
common stock issued for intellectual property	`StockIssuedDuringPeriodValueOther`	$720.00	USD	9 Qtrs
changes in accounts receivable	`AccountsAndNotesReceivableNet`	$-7.50K	USD	Point-in-time
accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$309.91K	USD	9 Qtrs
accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$302.12K	USD	2 Qtrs
accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.04K	USD	2 Qtrs
prefunding payroll accrual	`IncreaseDecreaseInAccruedSalaries`	$287.96K	USD	2 Qtrs
prefunding payroll accrual	`IncreaseDecreaseInAccruedSalaries`	$1.27M	USD	9 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-118.22K	USD	2 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-531.00	USD	2 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-157.80K	USD	9 Qtrs
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	$2.23K	USD	9 Qtrs
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	$2.23K	USD	2 Qtrs
purchase of fixed assets	`PurchaseOfFixedAssets`	$-1.21K	USD	9 Qtrs
purchase of fixed assets	`PurchaseOfFixedAssets`	$-1.21K	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$1.02K	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$1.02K	USD	9 Qtrs
capital stock from acquired entity	`CapitalStockFromAcquiredEntity`	-	USD	2 Qtrs
capital stock from acquired entity	`CapitalStockFromAcquiredEntity`	-	USD	9 Qtrs
capital stock from acquired entity	`CapitalStockFromAcquiredEntity`	-	USD	2 Qtrs
Proceeds from stock issued	`ProceedsFromIssuanceOfCommonStock`	$35.00	USD	2 Qtrs
Proceeds from stock issued	`ProceedsFromIssuanceOfCommonStock`	$80.18K	USD	9 Qtrs
Proceeds from stock issued	`ProceedsFromIssuanceOfCommonStock`	$80.00K	USD	2 Qtrs
proceeds from loans	`ProceedsFromLoans`	$10.00K	USD	2 Qtrs
proceeds from loans	`ProceedsFromLoans`	$45.00K	USD	9 Qtrs
stock subscription receivable	`StockSubscriptionReceivable`	-	USD	2 Qtrs
stock subscription receivable	`StockSubscriptionReceivable`	-	USD	9 Qtrs
stock subscription receivable	`StockSubscriptionReceivable`	-	USD	2 Qtrs
Loan repayments to related parties	`IncreaseDecreaseDueFromOtherRelatedParties`	-	USD	2 Qtrs
Loan repayments to related parties	`IncreaseDecreaseDueFromOtherRelatedParties`	$-6.36K	USD	9 Qtrs
Loan repayments to related parties	`IncreaseDecreaseDueFromOtherRelatedParties`	-	USD	2 Qtrs
Proceeds from related party loans	`IncreaseDecreaseInDueFromRelatedParties`	$40.60K	USD	2 Qtrs
Proceeds from related party loans	`IncreaseDecreaseInDueFromRelatedParties`	$51.78K	USD	9 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$170.60K	USD	9 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$130.60K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$35.00	USD	2 Qtrs
NET INCREASE ( DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.82K	USD	9 Qtrs
NET INCREASE ( DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.39K	USD	2 Qtrs
NET INCREASE ( DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-496.00	USD	2 Qtrs
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$13.82K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$423.00	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.05K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$551.00	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$13.82K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$423.00	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.05K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$551.00	USD	Point-in-time
Interest	`InterestPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	-	USD	9 Qtrs
Interest	`InterestPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	9 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Accounts payable and debt assumed in merger	`AccountsPayableCurrent`	$37.51K	USD	Point-in-time
Accounts payable and debt assumed in merger	`AccountsPayableCurrent`	-	USD	Point-in-time

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