10-Q Filing

BNET MEDIA GROUP, INC. CIK: 1501268 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001551163-13-000173`
Period End Date	20130930
Filing Date	20131118
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	bnet-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 22 Income Statement 35 Cash Flow Statement 32

Balance Sheet 22 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$534.00	USD	Point-in-time
Cash	`Cash`	$506.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$506.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$534.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$37.23K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$32.01K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$-55.00	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$20.26K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$37.63K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$74.86K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$32.01K	USD	Point-in-time
Preferred stock series A: $0.001 par value, 100,000,000 shares authorized, 7,787,000 and no shares 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`	$140.80K	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
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`	$-155.48K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-206.14K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-31.48K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-74.36K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$506.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$534.00	USD	Point-in-time

Income Statement 35 line items

Line Item	Tag	Value	Unit	Period
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$25.00K	USD	3 Qtrs
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$25.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$26.76K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$162.06K	USD	19 Qtrs
Professional fees	`ProfessionalFees`	$47.22K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$9.69K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$11.84K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.08K	USD	19 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.45K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$56.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$550.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.19K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$29.95K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$50.67K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$10.24K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$11.90K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$206.14K	USD	19 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-50.67K	USD	3 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-206.14K	USD	19 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-11.90K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-10.24K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-29.95K	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-206.14K	USD	19 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-29.95K	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-50.67K	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-10.24K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-11.90K	USD	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	3 Qtrs
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	3 Qtrs
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	87.86M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	140.80M	shares	3 Qtrs
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

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-206.14K	USD	19 Qtrs
Net loss	`ProfitLoss`	$-50.67K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-29.95K	USD	3 Qtrs
Common stock issued for services	`CommonStockSharesIssued`	3,000.00	shares	Point-in-time
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$25.00K	USD	3 Qtrs
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$25.00K	USD	1 Quarter
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$37.23K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$32.01K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$-55.00	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$20.26K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$37.63K	USD	Point-in-time
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-103.28K	USD	19 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.82K	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.75K	USD	3 Qtrs
Preferred stock issued for cash	`PreferredStockSharesSubscribedButUnissuedValue`	$7.79K	USD	Point-in-time
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$96.00K	USD	19 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$103.79K	USD	19 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$7.79K	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$506.00	USD	19 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-28.00	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-9.75K	USD	3 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.93K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$18.67K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$506.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.93K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$18.67K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$506.00	USD	Point-in-time
Common stock issued for subsidiary	`StockIssuedDuringPeriodSharesIssuedForNoncashConsideration`	25,000.00	shares	19 Qtrs
Cancellation of common stock	`WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation`	124,592.00	shares	3 Qtrs
Cancellation of common stock	`WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation`	124,592.00	shares	19 Qtrs

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