10-K Filing

AMERICAN GRAPHITE TECHNOLOGIES INC. CIK: 1497316 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001524777-12-000404`
Period End Date	20120630
Filing Date	20121015
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	agin-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 25 Cash Flow Statement 53 Stockholders Equity 14

Balance Sheet 40 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
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.00M	shares	Point-in-time
Cash	`Cash`	$30.04K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	77.44M	shares	Point-in-time
Cash	`Cash`	$176.00	USD	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$2.41K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$176.00	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$32.45K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$176.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$32.45K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.93K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$6.00K	USD	Point-in-time
Accounts payable- related party	`AccountsPayableRelatedPartiesCurrent`	$2.69K	USD	Point-in-time
Accounts payable- related party	`AccountsPayableRelatedPartiesCurrent`	$2.58K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$110.00	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	-	USD	Point-in-time
Note payable	`NotesPayableCurrent`	$40.00K	USD	Point-in-time
Note payable	`NotesPayableCurrent`	-	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$45.74K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$8.58K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$8.58K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$45.74K	USD	Point-in-time
Capital stock, Authorized 200,000,000 shares of common stock, $0.001 par value; Issued and outstanding 77,437,500 and 45,000,000 shares of common stock, respectively.	`CommonStockValueOutstanding`	$45.00K	USD	Point-in-time
Capital stock, Authorized 200,000,000 shares of common stock, $0.001 par value; Issued and outstanding 77,437,500 and 45,000,000 shares of common stock, respectively.	`CommonStockValueOutstanding`	$77.44K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$8.74K	USD	Point-in-time
Accumulated deficit during the exploration stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$99.46K	USD	Point-in-time
Accumulated deficit during the exploration stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$53.41K	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-13.28K	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-8.41K	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	-	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$6.56K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$176.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$32.45K	USD	Point-in-time

Income Statement 25 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`Revenues`	-	USD	8 Qtrs
REVENUE	`Revenues`	-	USD	Annual
REVENUE	`Revenues`	-	USD	Annual
Office and general	`GeneralAndAdministrativeExpense`	$2.52K	USD	Annual
Office and general	`GeneralAndAdministrativeExpense`	$13.03K	USD	8 Qtrs
Office and general	`GeneralAndAdministrativeExpense`	$9.08K	USD	Annual
Management fee	`ManagementFees`	-	USD	Annual
Management fee	`ManagementFees`	$5.00K	USD	8 Qtrs
Management fee	`ManagementFees`	$5.00K	USD	Annual
Professional fees	`ProfessionalFees`	$48.32K	USD	8 Qtrs
Professional fees	`ProfessionalFees`	$12.45K	USD	Annual
Professional fees	`ProfessionalFees`	$31.86K	USD	Annual
OPERATING LOSS	`OperatingIncomeLoss`	$-66.35K	USD	8 Qtrs
OPERATING LOSS	`OperatingIncomeLoss`	$-14.97K	USD	Annual
OPERATING LOSS	`OperatingIncomeLoss`	$-45.94K	USD	Annual
Interest expense	`InterestRevenueExpenseNet`	-	USD	Annual
Interest expense	`InterestRevenueExpenseNet`	$-110.00	USD	8 Qtrs
Interest expense	`InterestRevenueExpenseNet`	$-110.00	USD	Annual
NET LOSS	`NetIncomeLoss`	$-46.05K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-66.46K	USD	8 Qtrs
NET LOSS	`NetIncomeLoss`	$-14.97K	USD	Annual
NET LOSS PER COMMON SHARE - BASIC	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
NET LOSS PER COMMON SHARE - BASIC	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.00M	shares	Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.47M	shares	Annual

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-46.05K	USD	Annual
Net loss	`NetIncomeLoss`	$-66.46K	USD	8 Qtrs
Net loss	`NetIncomeLoss`	$-14.97K	USD	Annual
Interest	`IncreaseDecreaseInInterestPayableNet`	-	USD	Annual
Interest	`IncreaseDecreaseInInterestPayableNet`	$110.00	USD	8 Qtrs
Interest	`IncreaseDecreaseInInterestPayableNet`	$110.00	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.07K	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.00K	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.93K	USD	8 Qtrs
Increase in accounts payable, related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$2.69K	USD	Annual
Increase in accounts payable, related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	Annual
Increase in accounts payable, related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$2.69K	USD	8 Qtrs
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.41K	USD	8 Qtrs
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.41K	USD	Annual
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	Annual
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-48.73K	USD	Annual
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-63.13K	USD	8 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-12.97K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$5.19K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$17.19K	USD	8 Qtrs
Proceeds from note payable	`ProceedsFromNotesPayable`	$40.00K	USD	Annual
Proceeds from note payable	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from note payable	`ProceedsFromNotesPayable`	$40.00K	USD	8 Qtrs
Due to related party	`IncreaseDecreaseInDueToRelatedParties`	$1.15K	USD	Annual
Due to related party	`IncreaseDecreaseInDueToRelatedParties`	$35.99K	USD	8 Qtrs
Due to related party	`IncreaseDecreaseInDueToRelatedParties`	$33.40K	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$1.15K	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$93.18K	USD	8 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$78.59K	USD	Annual
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$30.04K	USD	8 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-11.82K	USD	Annual
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$29.87K	USD	Annual
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$176.00	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.00K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$30.04K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$176.00	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.00K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$30.04K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	8 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	8 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Forgiveness of shareholder loan	`ForgivenessofShareholderLoanCF`	$-35.99K	USD	8 Qtrs
Forgiveness of shareholder loan	`ForgivenessofShareholderLoanCF`	$-35.99K	USD	Annual
Forgiveness of shareholder loan	`ForgivenessofShareholderLoanCF`	-	USD	Annual
Total	`NonCashTransactionsTotal`	$35.99K	USD	8 Qtrs
Total	`NonCashTransactionsTotal`	-	USD	Annual
Total	`NonCashTransactionsTotal`	$35.99K	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, amount	`StockholdersEquity`	$-13.28K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-8.41K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	-	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$6.56K	USD	Point-in-time
Common stock issued for cash, amount	`StockIssuedDuringPeriodValueNewIssues`	$12.00K	USD	Point-in-time
Common stock issued for cash, amount	`StockIssuedDuringPeriodValueNewIssues`	$5.19K	USD	Annual
Forgiveness of loan from related party	`ForgivenessOfRelatedPartyDebt`	$35.99K	USD	Annual
Net Loss	`NetLossSOSE`	$-14.97K	USD	Annual
Net Loss	`NetLossSOSE`	$-46.05K	USD	Annual
Net Loss	`NetLossSOSE`	$-5.44K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-13.28K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-8.41K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	-	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$6.56K	USD	Point-in-time

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