10-Q Filing

BNET MEDIA GROUP, INC. CIK: 1501268 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001551163-14-000123`
Period End Date	20140331
Filing Date	20140515
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	bnet-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 21 Income Statement 21 Cash Flow Statement 25

Balance Sheet 21 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$529.00	USD	Point-in-time
Cash	`Cash`	$664.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$529.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$664.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$48.67K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$60.43K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$40.13K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$87.80K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$100.56K	USD	Point-in-time
Preferred stock series A: $0.001 par value, 100,000,000 shares authorized, 7,787,000 and -0- shares issued and outstanding issued and outstanding, respectively	`PreferredStockValue`	$7.79K	USD	Point-in-time
Preferred stock series A: $0.001 par value, 100,000,000 shares authorized, 7,787,000 and -0- shares issued and outstanding 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 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 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`	$107.79K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-219.06K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-231.69K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-99.90K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-87.27K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS 'DEFICIT	`LiabilitiesAndStockholdersEquity`	$529.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS 'DEFICIT	`LiabilitiesAndStockholdersEquity`	$664.00	USD	Point-in-time

Income Statement 21 line items

Line Item	Tag	Value	Unit	Period
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$25.00K	USD	21 Qtrs
Professional fees	`ProfessionalFees`	$12.51K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$186.76K	USD	21 Qtrs
Professional fees	`ProfessionalFees`	$16.20K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$702.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.93K	USD	21 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$115.00	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$12.63K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$16.91K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$231.69K	USD	21 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-16.91K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-12.63K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-231.69K	USD	21 Qtrs
Profit (loss)	`ProfitLoss`	$-12.63K	USD	1 Quarter
Profit (loss)	`ProfitLoss`	$-16.91K	USD	1 Quarter
Profit (loss)	`ProfitLoss`	$-231.69K	USD	21 Qtrs
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	21 Qtrs
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	140.80M	shares	Point-in-time
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	-	shares	Point-in-time

Cash Flow Statement 25 line items

Line Item	Tag	Value	Unit	Period
Common stock issued for services	`CommonStockSharesIssued`	3,000.00	shares	Point-in-time
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$25.00K	USD	21 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.91K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.76K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$60.43K	USD	21 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$1.00K	USD	1 Quarter
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$47.92K	USD	21 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$4.00K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-95.34K	USD	21 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$135.00	USD	1 Quarter
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$96.00K	USD	21 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$96.00K	USD	21 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$135.00	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$664.00	USD	21 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$664.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$529.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$664.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$529.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
Common stock issued for subsidiary	`OtherSignificantNoncashTransactionValueOfConsiderationGiven`	$25.00K	USD	Point-in-time
Cancellation of common stock Issuance of series A	`OtherMaterialNoncashItems`	$124.59K	USD	21 Qtrs
Preferred stock for settlement of accounts payable to related parties	`OtherNoncashIncomeTaxExpense`	$7.79K	USD	21 Qtrs

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