10-Q Filing

AMERICAN GRAPHITE TECHNOLOGIES INC. CIK: 1497316 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001497316-11-000030`
Period End Date	20110930
Filing Date	20111101
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	gqhl-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 20 Income Statement 22 Cash Flow Statement 37 Stockholders Equity 16

Balance Sheet 20 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$1.58K	USD	Point-in-time
Cash	`Cash`	$176.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$176.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.58K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilities`	$6.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilities`	$7.50K	USD	Point-in-time
Loans from related party	`LoansAndLeasesReceivableRelatedParties`	$2.58K	USD	Point-in-time
Loans from related party	`LoansAndLeasesReceivableRelatedParties`	$2.58K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$8.58K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$10.08K	USD	Point-in-time
Capital stock authorized 75,000,000 shares of common stock, $0.001 par value, issued and outstanding 12,259,500 and 12,000,000 shares of common stock as of September 30, 2011 and June 30, 2011	`CommonStockValue`	$12.26K	USD	Point-in-time
Capital stock authorized 75,000,000 shares of common stock, $0.001 par value, issued and outstanding 12,259,500 and 12,000,000 shares of common stock as of September 30, 2011 and June 30, 2011	`CommonStockValue`	$12.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$4.93K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-25.70K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-20.41K	USD	Point-in-time
TOTAL STOCKHOLDER'S EQUITY/(DEFICIT)	`StockholdersEquity`	$-8.51K	USD	Point-in-time
TOTAL STOCKHOLDER'S EQUITY/(DEFICIT)	`StockholdersEquity`	$-8.41K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$176.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$1.58K	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	5 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Office and general	`GeneralAndAdministrativeExpense`	$1.18K	USD	1 Quarter
Office and general	`GeneralAndAdministrativeExpense`	$1.04K	USD	1 Quarter
Office and general	`GeneralAndAdministrativeExpense`	$4.99K	USD	5 Qtrs
Professional fees	`ProfessionalFees`	$4.25K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$20.70K	USD	5 Qtrs
Professional fees	`ProfessionalFees`	$5.25K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$6.43K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$7.04K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$25.70K	USD	5 Qtrs
NET LOSS	`NetIncomeLoss`	$-5.29K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-25.70K	USD	5 Qtrs
NET LOSS	`NetIncomeLoss`	$-20.41K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-6.43K	USD	1 Quarter
NET LOSS PER COMMON SHARE- BASIC	`EarningsPerShareBasic`	-	USD	5 Qtrs
NET LOSS PER COMMON SHARE- BASIC	`EarningsPerShareBasic`	-	USD	1 Quarter
NET LOSS PER COMMON SHARE- BASIC	`EarningsPerShareBasic`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	12.19M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	-	shares	5 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	12.00M	shares	1 Quarter

Cash Flow Statement 37 line items

Line Item	Tag	Value	Unit	Period
NET LOSS	`NetIncomeLoss`	$-5.29K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-25.70K	USD	5 Qtrs
NET LOSS	`NetIncomeLoss`	$-20.41K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-6.43K	USD	1 Quarter
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.50K	USD	1 Quarter
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.50K	USD	5 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$500.00	USD	1 Quarter
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-5.93K	USD	1 Quarter
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$3.79K	USD	1 Quarter
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-18.20K	USD	5 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$17.19K	USD	5 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.19K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Loans from related party	`RelatedPartyTransactionDueFromToRelatedParty`	$410.00	USD	Point-in-time
Loans from related party	`RelatedPartyTransactionDueFromToRelatedParty`	-	USD	Point-in-time
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$410.00	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$19.77K	USD	5 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$5.19K	USD	1 Quarter
NET INCREASE ( DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.58K	USD	5 Qtrs
NET INCREASE ( DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.40K	USD	1 Quarter
NET INCREASE ( DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.52K	USD	1 Quarter
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$176.00	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$6.48K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.00K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.58K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$176.00	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$6.48K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.00K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.58K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest	`InterestPaid`	-	USD	1 Quarter
Interest	`InterestPaid`	-	USD	1 Quarter
Interest	`InterestPaid`	-	USD	5 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	5 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, shares	`CommonStockSharesOutstanding`	-	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	-	shares	Point-in-time
Balance, value	`StockholdersEquity`	$-8.51K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-8.41K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-8.51K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-8.41K	USD	Point-in-time
Common stock issued for cash, value	`StockIssuedDuringPeriodValueNewIssues`	$12.00K	USD	Annual
Common stock issued for cash, value	`StockIssuedDuringPeriodValueNewIssues`	$5.19K	USD	1 Quarter
Common stock issued for cash, shares	`StockIssuedDuringPeriodSharesNewIssues`	-	shares	Annual
Common stock issued for cash, shares	`StockIssuedDuringPeriodSharesNewIssues`	-	shares	1 Quarter
NET LOSS	`NetIncomeLoss`	$-5.29K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-25.70K	USD	5 Qtrs
NET LOSS	`NetIncomeLoss`	$-20.41K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-6.43K	USD	1 Quarter
Balance, shares	`CommonStockSharesOutstanding`	-	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	-	shares	Point-in-time

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