10-Q Filing

BNET MEDIA GROUP, INC. CIK: 1501268 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001501268-12-000006`
Period End Date	20120630
Filing Date	20120813
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	hmco-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 21 Income Statement 33 Cash Flow Statement 30

Balance Sheet 21 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$18.67K	USD	Point-in-time
Cash	`Cash`	$12.48K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$18.67K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$12.48K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$18.67K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$12.48K	USD	Point-in-time
Accounts Payable	`AccountsPayable`	$55.00	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedParties`	$15.76K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedParties`	$2.19K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$15.76K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.25K	USD	Point-in-time
Common stock: $0.001 par value, 100,000,000 shares authorized, 8,800,000 and 8,800,000 shares issued and outstanding, respectively	`CommonStockValue`	$8.80K	USD	Point-in-time
Common stock: $0.001 par value, 100,000,000 shares authorized, 8,800,000 and 8,800,000 shares issued and outstanding, respectively	`CommonStockValue`	$8.80K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$115.20K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$115.20K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-127.28K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-107.58K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$16.42K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-3.28K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$12.48K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$18.67K	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$25.00K	USD	14 Qtrs
Professional fees	`ProfessionalFees`	$4.12K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$8.18K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$8.05K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$17.07K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$87.32K	USD	14 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$629.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.72K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.96K	USD	14 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.64K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$790.00	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$4.75K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$19.71K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$9.89K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$8.84K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$127.28K	USD	14 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-19.71K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-9.89K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-127.28K	USD	14 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-8.84K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-4.75K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-9.89K	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-127.28K	USD	14 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-8.84K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-4.75K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-19.71K	USD	2 Qtrs
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	14 Qtrs
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	2 Qtrs
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	8.36M	shares	Point-in-time
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	-	shares	Point-in-time

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-9.89K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-19.71K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-127.28K	USD	14 Qtrs
Common stock issued for services	`CommonStockSharesIssued`	1.00M	shares	Point-in-time
Common stock issued for services	`CommonStockSharesIssued`	3,000.00	shares	Point-in-time
Change in impairment of intangible assets	`IncreaseDecreaseInIntangibleAssetsCurrent`	$25.00K	USD	14 Qtrs
Refundable deposits	`IncreaseDecreaseInOtherDeposits`	$4.10K	USD	2 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-55.00	USD	2 Qtrs
Change in accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-68.00	USD	2 Qtrs
Change in accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$15.76K	USD	14 Qtrs
Change in accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$13.57K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.86K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.20K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-83.52K	USD	14 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$96.00K	USD	14 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$25.00K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$96.00K	USD	14 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-6.20K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$12.48K	USD	14 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$19.14K	USD	2 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$21.37K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$18.67K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.23K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.48K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$21.37K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$18.67K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.23K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.48K	USD	Point-in-time
Common stock issued for subsidiary	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$25.00K	USD	14 Qtrs

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