10-Q Filing

AMERICAN GRAPHITE TECHNOLOGIES INC. CIK: 1497316 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001497316-12-000002`
Period End Date	20111231
Filing Date	20120207
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	gqhl-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 29 Income Statement 37 Cash Flow Statement 37 Stockholders Equity 23

Balance Sheet 29 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$176.00	USD	Point-in-time
Common Stock, Par Value Per Share	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash	`Cash`	$76.00	USD	Point-in-time
Common Stock, Par Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$176.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$76.00	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	12.00M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilities`	$7.67K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilities`	$6.00K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	12.26M	shares	Point-in-time
Common Stock, Shares Outstanding	`SharesOutstanding`	12.26M	shares	Point-in-time
Loans from related party	`LoansAndLeasesReceivableRelatedParties`	$5.55K	USD	Point-in-time
Common Stock, Shares Outstanding	`SharesOutstanding`	12.00M	shares	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`	$13.22K	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 December 31, 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 December 31, 2011 and June 30, 2011	`CommonStockValue`	$12.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$4.93K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-30.34K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-20.41K	USD	Point-in-time
TOTAL STOCKHOLDER'S EQUITY/(DEFICIT)	`StockholdersEquity`	$-8.41K	USD	Point-in-time
TOTAL STOCKHOLDER'S EQUITY/(DEFICIT)	`StockholdersEquity`	$-6.56K	USD	Point-in-time
TOTAL STOCKHOLDER'S EQUITY/(DEFICIT)	`StockholdersEquity`	$-13.15K	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`	$76.00	USD	Point-in-time

Income Statement 37 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	6 Qtrs
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Office and general	`GeneralAndAdministrativeExpense`	$600.00	USD	1 Quarter
Office and general	`GeneralAndAdministrativeExpense`	$2.18K	USD	2 Qtrs
Office and general	`GeneralAndAdministrativeExpense`	$6.13K	USD	6 Qtrs
Office and general	`GeneralAndAdministrativeExpense`	$1.14K	USD	1 Quarter
Office and general	`GeneralAndAdministrativeExpense`	$1.78K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$7.75K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$3.50K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.50K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$6.75K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$24.20K	USD	6 Qtrs
Total expenses	`OperatingExpenses`	$30.34K	USD	6 Qtrs
Total expenses	`OperatingExpenses`	$8.53K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$2.10K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$9.93K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$4.64K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-5.44K	USD	Point-in-time
NET LOSS	`NetIncomeLoss`	$-9.93K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-4.64K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-2.10K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-8.53K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-14.97K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-30.34K	USD	6 Qtrs
BASIC LOSS PER COMMON SHARE	`EarningsPerShareBasic`	-	USD	2 Qtrs
BASIC LOSS PER COMMON SHARE	`EarningsPerShareBasic`	-	USD	2 Qtrs
BASIC LOSS PER COMMON SHARE	`EarningsPerShareBasic`	-	USD	6 Qtrs
BASIC LOSS PER COMMON SHARE	`EarningsPerShareBasic`	-	USD	1 Quarter
BASIC LOSS PER COMMON SHARE	`EarningsPerShareBasic`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	12.26M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	12.18M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	-	shares	6 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	12.00M	shares	2 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	`ProfitLoss`	$-30.34K	USD	6 Qtrs
NET LOSS	`ProfitLoss`	$-9.93K	USD	2 Qtrs
NET LOSS	`ProfitLoss`	$-8.53K	USD	2 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.10K	USD	2 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.67K	USD	6 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.68K	USD	2 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-7.43K	USD	2 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-22.66K	USD	6 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-8.26K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.19K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$17.19K	USD	6 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Loan from related party	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$410.00	USD	2 Qtrs
Loan from related party	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$5.55K	USD	6 Qtrs
Loan from related party	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$2.96K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$22.74K	USD	6 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$8.15K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$410.00	USD	2 Qtrs
NET INCREASE ( DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-100.00	USD	2 Qtrs
NET INCREASE ( DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-7.02K	USD	2 Qtrs
NET INCREASE ( DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$76.00	USD	6 Qtrs
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$4.98K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$76.00	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.00K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$176.00	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$4.98K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$76.00	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.00K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$176.00	USD	Point-in-time
Interest	`InterestPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	-	USD	6 Qtrs
Interest	`InterestPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	6 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Balance, shares	`CommonStockSharesOutstanding`	-	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	-	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	-	shares	Point-in-time
Balance, value	`StockholdersEquity`	$-8.41K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-6.56K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-13.15K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-8.41K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-6.56K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-13.15K	USD	Point-in-time
Common stock issued for cash, value	`StockIssuedDuringPeriodValueNewIssues`	$12.00K	USD	Point-in-time
Common stock issued for cash, value	`StockIssuedDuringPeriodValueNewIssues`	$5.19K	USD	2 Qtrs
Common stock issued for cash, shares	`StockIssuedDuringPeriodSharesNewIssues`	-	shares	2 Qtrs
Common stock issued for cash, shares	`StockIssuedDuringPeriodSharesNewIssues`	-	shares	Point-in-time
NET LOSS	`NetIncomeLoss`	$-5.44K	USD	Point-in-time
NET LOSS	`NetIncomeLoss`	$-9.93K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-4.64K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-2.10K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-8.53K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-14.97K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-30.34K	USD	6 Qtrs
Balance, shares	`CommonStockSharesOutstanding`	-	shares	Point-in-time
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.