10-Q Filing

BNET MEDIA GROUP, INC. CIK: 1501268 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001551163-14-000305`
Period End Date	20140930
Filing Date	20141110
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	bnet-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 26 Income Statement 26 Cash Flow Statement 24

Balance Sheet 26 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$529.00	USD	Point-in-time
Cash	`Cash`	$580.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$529.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$580.00	USD	Point-in-time
Other Assets	`OtherAssets`	$18.87K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$529.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$19.45K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$68.24K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$48.67K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$47.71K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$39.13K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$87.80K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$115.95K	USD	Point-in-time
Preferred stock: $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
Preferred stock: $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
Preferred stock series B: $0.001 par value, 20,000,000 shares authorized, 8,021,796 and -0- shares issued and outstanding, respectively	`PreferredStockValueOutstanding`	$8.02K	USD	Point-in-time
Common stock: $0.001 par value, 800,000,000 shares authorized, 16,208,000 shares issued and outstanding	`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	`CommonStockValue`	$16.21K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$118.64K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$107.79K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-247.16K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-219.06K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-87.27K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-96.50K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS'DEFICIT	`LiabilitiesAndStockholdersEquity`	$529.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS'DEFICIT	`LiabilitiesAndStockholdersEquity`	$19.45K	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Professional fees	`ProfessionalFees`	$7.98K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$47.22K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$27.90K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$11.84K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$200.00	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$42.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$56.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.45K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$11.90K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$50.67K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$28.10K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$8.02K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-28.10K	USD	3 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-8.02K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-50.67K	USD	3 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-11.90K	USD	1 Quarter
PROFIT (LOSS)	`ProfitLoss`	$-11.90K	USD	1 Quarter
PROFIT (LOSS)	`ProfitLoss`	$-28.10K	USD	3 Qtrs
PROFIT (LOSS)	`ProfitLoss`	$-50.67K	USD	3 Qtrs
PROFIT (LOSS)	`ProfitLoss`	$-8.02K	USD	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	3 Qtrs
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	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	87.86M	shares	Point-in-time
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	16.21M	shares	Point-in-time

Cash Flow Statement 24 line items

Line Item	Tag	Value	Unit	Period
Net loss	`OtherComprehensiveIncomeLossNetOfTax`	$-28.10K	USD	3 Qtrs
Net loss	`OtherComprehensiveIncomeLossNetOfTax`	$-50.67K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$19.57K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.22K	USD	3 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$37.63K	USD	3 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$4.58K	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.82K	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.95K	USD	3 Qtrs
Related party advances	`AdvancesToAffiliate`	$4.00K	USD	Point-in-time
Preferred stock issued for cash	`StockIssuedDuringPeriodSharesIssuedForCash`	7,787.00	shares	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.00K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$7.79K	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$51.00	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-28.00	USD	3 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$529.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$580.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$506.00	USD	Point-in-time
CASH AT BEGINNING 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`	$580.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$506.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
Preferred stock issued to acquire assets	`OtherMaterialNoncashItems`	$18.87K	USD	3 Qtrs
Cancellation of common shares	`WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation`	124,592.00	shares	3 Qtrs

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