10-Q Filing

BNET MEDIA GROUP, INC. CIK: 1501268 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001551163-13-000088`
Period End Date	20130630
Filing Date	20130819
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	bnet-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 22 Income Statement 34 Cash Flow Statement 31

Balance Sheet 22 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$534.00	USD	Point-in-time
Cash	`Cash`	$534.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$534.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$534.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$534.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$534.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$36.89K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$32.01K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$26.10K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$32.01K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$62.99K	USD	Point-in-time
Preferred stock: $0.001 par value, 100,000,000 shares Authorized -----Series A Preferred, 20,000,000 shares authorized; 7,787,000 and -0-issued and outstanding, respectively	`PreferredStockValue`	$7.79K	USD	Point-in-time
Common stock: $0.001 par value, 800,000,000 shares authorized, 16,208,000 and 140,800,000 shares issued and outstanding, respectively	`CommonStockValue`	$16.21K	USD	Point-in-time
Common stock: $0.001 par value, 800,000,000 shares authorized, 16,208,000 and 140,800,000 shares issued and outstanding, respectively	`CommonStockValue`	$140.80K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$107.79K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$-16.80K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-194.24K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-155.48K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-62.46K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-31.48K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$534.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$534.00	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$25.00K	USD	18 Qtrs
Professional fees	`ProfessionalFees`	$16.20K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$17.07K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$8.05K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$35.38K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$150.22K	USD	18 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.39K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.64K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$702.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.03K	USD	18 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$790.00	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$19.71K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$8.84K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$194.24K	USD	18 Qtrs
Total Operating Expenses	`OperatingExpenses`	$16.91K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$38.77K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-19.71K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-194.24K	USD	18 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-38.77K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-16.91K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-8.84K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-19.71K	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-16.91K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-38.77K	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-194.24K	USD	18 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-8.84K	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
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	16.21M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	140.80M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	140.80M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	16.21M	shares	2 Qtrs

Cash Flow Statement 31 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-19.71K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-194.24K	USD	18 Qtrs
Net loss	`ProfitLoss`	$-38.77K	USD	2 Qtrs
Common stock issued for services	`CommonStockSharesIssued`	3,000.00	shares	Point-in-time
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$25.00K	USD	18 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-55.00	USD	2 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayable`	$36.89K	USD	18 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.88K	USD	2 Qtrs
Change in accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$26.10K	USD	18 Qtrs
Change in accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$13.57K	USD	2 Qtrs
Change in accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$26.10K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-103.25K	USD	18 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.20K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.79K	USD	2 Qtrs
Preferred stock issued for cash	`PreferredStockSharesSubscribedButUnissuedValue`	$7.79K	USD	Point-in-time
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$96.00K	USD	18 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$7.79K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$103.79K	USD	18 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$534.00	USD	18 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-6.20K	USD	2 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.48K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$18.67K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.48K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$18.67K	USD	Point-in-time
Common stock issued for subsidiary	`StockIssuedDuringPeriodSharesIssuedForNoncashConsideration`	25,000.00	shares	18 Qtrs
Cancellation of common stock	`WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation`	124,592.00	shares	2 Qtrs
Cancellation of common stock	`WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation`	124,592.00	shares	2 Qtrs

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