10-K Filing

Red Cat Holdings, Inc. CIK: 748268 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001533621-12-000046`
Period End Date	20111231
Filing Date	20120403
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	bdlf-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 43 Income Statement 28 Cash Flow Statement 30 Stockholders Equity 8

Balance Sheet 43 line items

Line Item	Tag	Value	Unit	Period
Common Stock authorized shares	`CommonStockSharesAuthorized`	0.00	shares	Point-in-time
Cash	`Cash`	$11.96K	USD	Point-in-time
Common Stock authorized shares	`CommonStockSharesAuthorized`	0.00	shares	Point-in-time
Common Stock shares issued and outstanding 2011	`CommonStockSharesIssuedAndOutstanding2011`	$144.42M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$11.96K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$41.48K	USD	Point-in-time
Common Stock shares issued and outstanding 2011	`CommonStockSharesIssuedAndOutstanding2011`	$144.42M	USD	Point-in-time
Common Stock shares issued and outstanding 2010	`CommonStockSharesIssuedAndOutstanding2010`	$142.42M	USD	Point-in-time
Common Stock shares issued and outstanding 2010	`CommonStockSharesIssuedAndOutstanding2010`	$142.42M	USD	Point-in-time
FIXED ASSETS, NET (Note2, 5)	`AssetsNet`	-	USD	Point-in-time
FIXED ASSETS, NET (Note2, 5)	`AssetsNet`	-	USD	Point-in-time
OTHER ASSETS - Investments in limited partnerships - (Note 2,4,8,9,11)	`OtherAssetsInvestmentsInLimitedPartnershipsNote2489`	$44.98K	USD	Point-in-time
OTHER ASSETS - Investments in limited partnerships - (Note 2,4,8,9,11)	`OtherAssetsInvestmentsInLimitedPartnershipsNote2489`	$24.97K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$86.46K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$36.92K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.06K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$48.05K	USD	Point-in-time
Accrued expenses	`AccruedLiabilities`	$139.61K	USD	Point-in-time
Accrued expenses	`AccruedLiabilities`	$116.23K	USD	Point-in-time
Accrued interest	`AccruedInterest`	$184.38K	USD	Point-in-time
Accrued interest	`AccruedInterest`	$217.95K	USD	Point-in-time
Judgments payable	`JudgmentsPayable`	$39.37K	USD	Point-in-time
Judgments payable	`JudgmentsPayable`	$39.37K	USD	Point-in-time
Notes payable - current portion (Note 7,11)	`NotesPayableCurrent`	$640.80K	USD	Point-in-time
Notes payable - current portion (Note 7,11)	`NotesPayableCurrent`	$660.80K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.08M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.06M	USD	Point-in-time
LONG-TERM DEBT - Notes payable - long term (Note 7)	`LongtermDebtNotesPayableLongTermNote7`	-	USD	Point-in-time
LONG-TERM DEBT - Notes payable - long term (Note 7)	`LongtermDebtNotesPayableLongTermNote7`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.06M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.08M	USD	Point-in-time
Total Common Shares issued and outstanding, respectively	`CommonStockValue`	$142.42K	USD	Point-in-time
Total Common Shares issued and outstanding, respectively	`CommonStockValue`	$144.42K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$13.91M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$13.92M	USD	Point-in-time
Stock Subscriptions	`StockSubscriptions`	-	USD	Point-in-time
Stock Subscriptions	`StockSubscriptions`	-	USD	Point-in-time
Accumulated deficit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.03M	USD	Point-in-time
Accumulated deficit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.11M	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-1.05M	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-970.75K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$36.92K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$86.46K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$7.60K	USD	Annual
REVENUES	`Revenues`	$7.60K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$25.83K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$53.78K	USD	Annual
Total Expenses	`TotalExpenses`	$53.78K	USD	Annual
Total Expenses	`TotalExpenses`	$25.83K	USD	Annual
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncomeLoss`	$-18.23K	USD	Annual
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncomeLoss`	$-46.18K	USD	Annual
Interest Income	`InvestmentIncomeNet`	$-17.00	USD	Annual
Interest Income	`InvestmentIncomeNet`	$-17.00	USD	Annual
Debt Forgiveness	`DebtForgiveness`	$-26.09K	USD	Annual
Debt Forgiveness	`DebtForgiveness`	-	USD	Annual
Interest expense	`InterestExpense`	$36.58K	USD	Annual
Interest expense	`InterestExpense`	$38.58K	USD	Annual
Loss on investments (Note 2,4,9)	`LossOnInvestmentsNote249`	$41.68K	USD	Annual
Loss on investments (Note 2,4,9)	`LossOnInvestmentsNote249`	-	USD	Annual
Total Other (Income) Expense	`OtherIncomeExpense`	$38.56K	USD	Annual
Total Other (Income) Expense	`OtherIncomeExpense`	$52.15K	USD	Annual
INCOME (LOSS) FROM CONTINUING OPERARION BEFORE INCOME TAXES	`IncomeLossFromContinuingOperations`	$-84.74K	USD	Annual
INCOME (LOSS) FROM CONTINUING OPERARION BEFORE INCOME TAXES	`IncomeLossFromContinuingOperations`	$-70.38K	USD	Annual
Income taxes (Note 2)	`IncomeTaxesNote2`	-	USD	Annual
Income taxes (Note 2)	`IncomeTaxesNote2`	-	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-84.74K	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-70.38K	USD	Annual
Basic Income (Loss) Per Share (Note 2)	`EarningsPerShareBasic`	$-0.00	USD	Annual
Basic Income (Loss) Per Share (Note 2)	`EarningsPerShareBasic`	$-0.00	USD	Annual
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfDilutedSharesOutstanding`	144.09M	shares	Annual
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfDilutedSharesOutstanding`	139.57M	shares	Annual

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) from continuing operations	`OperatingIncomeLoss`	$-84.74K	USD	Annual
Net income (loss) from continuing operations	`OperatingIncomeLoss`	$-70.38K	USD	Annual
Loss on investments, net	`LossOnInvestmentsNet`	$20.02K	USD	Annual
Loss on investments, net	`LossOnInvestmentsNet`	$37.68K	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseAccountsPayable`	$-5.00K	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseAccountsPayable`	-	USD	Annual
Increase (decrease) in Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.20K	USD	Annual
Increase (decrease) in Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.16K	USD	Annual
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-40.86K	USD	Annual
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-59.52K	USD	Annual
Net Cash Provided (Used) in Investing Activities	`CashProvidedByUsedInDiscontinuedOperationsInvestingActivities`	-	USD	Annual
Net Cash Provided (Used) in Investing Activities	`CashProvidedByUsedInDiscontinuedOperationsInvestingActivities`	-	USD	Annual
Reclass of Note Payable from Accrued Expenses	`ReclassOfNotePayableFromAccruedExpenses`	$20.00K	USD	Annual
Reclass of Note Payable from Accrued Expenses	`ReclassOfNotePayableFromAccruedExpenses`	-	USD	Annual
Common stock issued for services	`CommonStockDividendsShares`	51,000.00	shares	Annual
Common stock issued for services	`CommonStockDividendsShares`	10,000.00	shares	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$51.00K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$30.00K	USD	Annual
NET DECREASE IN CASH	`CashPeriodIncreaseDecrease`	$10.14K	USD	Annual
NET DECREASE IN CASH	`CashPeriodIncreaseDecrease`	$-29.52K	USD	Annual
CASH, BEGINNING OF YEAR	`Cash1`	$31.34K	USD	Annual
CASH, BEGINNING OF YEAR	`Cash1`	$41.48K	USD	Annual
CASH, END OF YEAR	`Cash2`	$41.48K	USD	Annual
CASH, END OF YEAR	`Cash2`	$11.96K	USD	Annual
Interest paid	`InterestPaid`	-	USD	Annual
Interest paid	`InterestPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueOther`	$10.00K	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueOther`	$51.00K	USD	Annual

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Balance 31-Dec-09	`SharesIssued`	-1.05M	shares	Point-in-time
Common Stock Issued for services	`CommonStockIssuedForServices`	$51.00K	USD	8 Qtrs
Stock Redemption	`StockRedemption`	-	USD	8 Qtrs
Net income for the year ended December 31, 2010	`NetIncomeForYearEndedDecember312010`	$-70.38K	USD	8 Qtrs
Balance 31-Dec-10	`Balance31Dec10`	$-970.75K	USD	8 Qtrs
Common Stock Issued for services	`CommonStockIssuedForServices1`	$10.00K	USD	8 Qtrs
Net income for the year ended December 31, 2011	`NetIncomeForYearEndedDecember312011`	$-84.74K	USD	8 Qtrs
Balance 31-Dec-11	`SharesIssued`	-1.05M	shares	Point-in-time

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