10-K Filing

KONATEL, INC. CIK: 845819 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001549632-12-000033`
Period End Date	20120930
Filing Date	20121211
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	wspd-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 39 Cash Flow Statement 61 Stockholders Equity 49

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Preferred Stock, liquidation value	`PreferredStockLiquidationPreference`	$1.00	USD	Point-in-time
Preferred Stock, liquidation value	`PreferredStockLiquidationPreference`	$1.00	USD	Point-in-time
Common Stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$625.00	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Payable to Shareholders	`DueToRelatedPartiesCurrent`	$67.61K	USD	Point-in-time
Payable to Shareholders	`DueToRelatedPartiesCurrent`	$79.93K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	1.12M	shares	Point-in-time
Accrued Interest - Related Party	`InterestPayableCurrent`	$7.92K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	1.12M	shares	Point-in-time
Accrued Interest - Related Party	`InterestPayableCurrent`	-	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	1.12M	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$87.84K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$68.24K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	1.12M	shares	Point-in-time
Total Liabilities	`Liabilities`	$87.84K	USD	Point-in-time
Total Liabilities	`Liabilities`	$68.24K	USD	Point-in-time
Preferred Stock 50,000,000 shares authorized having a par value of $.01, $1.00 liquidation value; zero issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock 50,000,000 shares authorized having a par value of $.01, $1.00 liquidation value; zero issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common Stock 50,000,000 shares authorized having a par value of $.001 per share; 1,115,800 shares issued and outstanding	`CommonStockValue`	$1.12K	USD	Point-in-time
Common Stock 50,000,000 shares authorized having a par value of $.001 per share; 1,115,800 shares issued and outstanding	`CommonStockValue`	$1.12K	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$2.82M	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$2.82M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-2.87M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-2.87M	USD	Point-in-time
Accumulated deficit development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$17.12K	USD	Point-in-time
Accumulated deficit development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$36.73K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-58.62K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-44.23K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-63.18K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-58.05K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-55.89K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-87.84K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-50.99K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-22.00K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-10.61K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-61.01K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-52.71K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-35.79K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-66.72K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-68.24K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	52 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$10.18K	USD	Annual
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$11.69K	USD	Annual
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$85.53K	USD	52 Qtrs
Operating Loss	`OperatingIncomeLoss`	$-85.53K	USD	52 Qtrs
Operating Loss	`OperatingIncomeLoss`	$-11.69K	USD	Annual
Operating Loss	`OperatingIncomeLoss`	$-10.18K	USD	Annual
Other Income	`OtherIncome`	-	USD	Annual
Other Income	`OtherIncome`	$56.72K	USD	52 Qtrs
Other Income	`OtherIncome`	-	USD	Annual
Interest Expense - Related Party	`InterestExpenseRelatedParty`	$7.92K	USD	52 Qtrs
Interest Expense - Related Party	`InterestExpenseRelatedParty`	$7.92K	USD	Annual
Interest Expense - Related Party	`InterestExpenseRelatedParty`	-	USD	Annual
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$-7.92K	USD	Annual
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$48.80K	USD	52 Qtrs
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	-	USD	Annual
Net Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-19.61K	USD	Annual
Net Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-36.73K	USD	52 Qtrs
Net Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-10.18K	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	52 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net Loss	`ProfitLoss`	$-19.61K	USD	Annual
Net Loss	`ProfitLoss`	$-10.18K	USD	Annual
Net Loss	`ProfitLoss`	$-36.73K	USD	52 Qtrs
Basic Loss per Common Share	`EarningsPerShareBasic`	$-0.02	USD	Annual
Basic Loss per Common Share	`EarningsPerShareBasic`	$-0.01	USD	Annual
Basic Loss per Common Share	`EarningsPerShareBasic`	$-0.07	USD	52 Qtrs
Basic Weighted Average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	538,164.00	shares	52 Qtrs
Basic Weighted Average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	1.12M	shares	Annual
Basic Weighted Average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	1.12M	shares	Annual
Diluted Loss per Common Share	`EarningsPerShareDiluted`	$-0.01	USD	Annual
Diluted Loss per Common Share	`EarningsPerShareDiluted`	$-0.02	USD	Annual
Diluted Loss per Common Share	`EarningsPerShareDiluted`	$-0.07	USD	52 Qtrs
Diluted Weighted Average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.12M	shares	Annual
Diluted Weighted Average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.12M	shares	Annual
Diluted Weighted Average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	538,164.00	shares	52 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-11.39K	USD	Annual
Net Loss	`NetIncomeLoss`	$-8.43K	USD	Annual
Net Loss	`NetIncomeLoss`	$-2.17K	USD	Annual
Net Loss	`NetIncomeLoss`	$-10.18K	USD	Annual
Net Loss	`NetIncomeLoss`	$-2.38K	USD	Annual
Net Loss	`NetIncomeLoss`	$-36.73K	USD	52 Qtrs
Net Loss	`NetIncomeLoss`	$-7.07K	USD	Annual
Net Loss	`NetIncomeLoss`	$-6.76K	USD	Annual
Net Loss	`NetIncomeLoss`	$52.56K	USD	Annual
Net Loss	`NetIncomeLoss`	$-14.40K	USD	Annual
Net Loss	`NetIncomeLoss`	$-19.61K	USD	Annual
Net Loss	`NetIncomeLoss`	$-992.00	USD	Annual
Net Loss	`NetIncomeLoss`	$-2.73K	USD	Annual
Net Loss	`NetIncomeLoss`	$-3.18K	USD	Annual
Stock issued for expenses	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	Annual
Stock issued for expenses	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	Annual
Stock issued for expenses	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$600.00	USD	52 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	52 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$625.00	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-625.00	USD	Annual
Increase (decrease) in shareholder loans	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$79.93K	USD	52 Qtrs
Increase (decrease) in shareholder loans	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$9.56K	USD	Annual
Increase (decrease) in shareholder loans	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$12.32K	USD	Annual
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	Annual
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-56.72K	USD	52 Qtrs
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	Annual
Increase in accrued interest - related party	`IncreaseDecreaseInInterestPayableNet`	$7.92K	USD	52 Qtrs
Increase in accrued interest - related party	`IncreaseDecreaseInInterestPayableNet`	-	USD	Annual
Increase in accrued interest - related party	`IncreaseDecreaseInInterestPayableNet`	$7.92K	USD	Annual
Net Cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net Cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.00K	USD	52 Qtrs
Net Cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.00K	USD	52 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Principal payments on loans	`PaymentsForLoans`	-	USD	Annual
Principal payments on loans	`PaymentsForLoans`	$10.00K	USD	52 Qtrs
Principal payments on loans	`PaymentsForLoans`	-	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$5.00K	USD	52 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net Increase/(Decrease) in Cash	`CashPeriodIncreaseDecrease`	-	USD	Annual
Net Increase/(Decrease) in Cash	`CashPeriodIncreaseDecrease`	-	USD	52 Qtrs
Net Increase/(Decrease) in Cash	`CashPeriodIncreaseDecrease`	-	USD	Annual
Beginning Cash Balance	`Cash`	-	USD	Point-in-time
Beginning Cash Balance	`Cash`	-	USD	Point-in-time
Beginning Cash Balance	`Cash`	-	USD	Point-in-time
Beginning Cash Balance	`Cash`	-	USD	Point-in-time
Ending Cash Balance	`Cash`	-	USD	Point-in-time
Ending Cash Balance	`Cash`	-	USD	Point-in-time
Ending Cash Balance	`Cash`	-	USD	Point-in-time
Ending Cash Balance	`Cash`	-	USD	Point-in-time
Cash paid during the year for interest	`InterestPaid`	-	USD	52 Qtrs
Cash paid during the year for interest	`InterestPaid`	-	USD	Annual
Cash paid during the year for interest	`InterestPaid`	-	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaid`	-	USD	52 Qtrs
Cash paid during the year for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Stock issued in exchange for accrued liability/expense	`StockIssued1`	-	USD	Annual
Stock issued in exchange for accrued liability/expense	`StockIssued1`	$600.00	USD	52 Qtrs
Stock issued in exchange for accrued liability/expense	`StockIssued1`	-	USD	Annual

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$-58.62K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-44.23K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-63.18K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-58.05K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-55.89K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-87.84K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-50.99K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-22.00K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-10.61K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-61.01K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-52.71K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-35.79K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-66.72K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-68.24K	USD	Point-in-time
Effect of reverse split	`EffectOfReverseSplit`	-	USD	Annual
Effect of stock dividend accounted for as split	`StockIssuedDuringPeriodValueStockDividend`	-	USD	Annual
Issued common stock for cash	`StockIssuedDuringPeriodValueIssuedForCash`	$15.00K	USD	Annual
Preferred shares converted to common shares	`ConversionOfStockAmountConverted1`	-	USD	Annual
Preferred shares converted to common shares	`ConversionOfStockAmountConverted1`	-	USD	Annual
Cancellation of preferred shares	`StockGrantedDuringPeriodValueSharebasedCompensationForfeited`	-	USD	Annual
Common shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$600.00	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-11.39K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-8.43K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-2.17K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-10.18K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-2.38K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-36.73K	USD	52 Qtrs
Net (income) loss	`NetIncomeLoss`	$-7.07K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-6.76K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$52.56K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-14.40K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-19.61K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-992.00	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-2.73K	USD	Annual
Net (income) loss	`NetIncomeLoss`	$-3.18K	USD	Annual
Ending Balance	`StockholdersEquity`	$-58.62K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-44.23K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-63.18K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-58.05K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-55.89K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-87.84K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-50.99K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-22.00K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-10.61K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-61.01K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-52.71K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-35.79K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-66.72K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-68.24K	USD	Point-in-time

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