10-K Filing

BNET MEDIA GROUP, INC. CIK: 1501268 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001551163-15-000071`
Period End Date	20141231
Filing Date	20150401
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	bnet-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 29 Income Statement 14 Cash Flow Statement 21 Stockholders Equity 23

Balance Sheet 29 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$596.00	USD	Point-in-time
Cash	`Cash`	$529.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$596.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$529.00	USD	Point-in-time
Other Assets	`OtherAssets`	$18.87K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$19.46K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$529.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$48.67K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$73.55K	USD	Point-in-time
Accounts payable-related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$48.27K	USD	Point-in-time
Accounts payable-related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$39.13K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$121.82K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$87.80K	USD	Point-in-time
Total Liabilities	`Liabilities`	$121.82K	USD	Point-in-time
Total Liabilities	`Liabilities`	$87.80K	USD	Point-in-time
Preferred stock series A: $0.001 par value, 20,000,000 shares authorized, 7,787,000 and no shares, respectively	`PreferredStockValue`	$7.79K	USD	Point-in-time
Preferred stock series A: $0.001 par value, 20,000,000 shares authorized, 7,787,000 and no shares, respectively	`PreferredStockValue`	$7.79K	USD	Point-in-time
Preferred stock series B: $0.001 par value, 20,000,000 shares authorized, 8,021,796 shares issued and outstanding	`PreferredUnitsValue`	$8.02K	USD	Point-in-time
Common stock: $0.001 par value, 800,000,000 shares authorized, 16,208,000 and 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 and 16,208,000 shares issued and outstanding, respectively	`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`	$-253.01K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-219.06K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-31.48K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-102.36K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-87.27K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$19.46K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$529.00	USD	Point-in-time

Income Statement 14 line items

Line Item	Tag	Value	Unit	Period
Professional fees	`ProfessionalFees`	$33.71K	USD	Annual
Professional fees	`ProfessionalFees`	$59.41K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$4.17K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$241.00	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$63.58K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$33.95K	USD	Annual
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-33.95K	USD	Annual
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-63.58K	USD	Annual
PROFIT (LOSS)	`ProfitLoss`	$-33.95K	USD	Annual
PROFIT (LOSS)	`ProfitLoss`	$-63.58K	USD	Annual
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	Annual
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesIssuedBasic`	72.19M	shares	Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesIssuedBasic`	16.21M	shares	Annual

Cash Flow Statement 21 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-63.58K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-33.95K	USD	Annual
Change in Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.66K	USD	Annual
Change in Accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.88K	USD	Annual
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-46.92K	USD	Annual
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.07K	USD	Annual
Change in Related Party Payable	`IncreaseDecreaseInDueToRelatedParties`	$46.92K	USD	Annual
Change in Related Party Payable	`IncreaseDecreaseInDueToRelatedParties`	$9.14K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$9.14K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$46.92K	USD	Annual
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$67.00	USD	Annual
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-5.00	USD	Annual
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$596.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$529.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$534.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$596.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$529.00	USD	Point-in-time
Preferred stock issued to acquire assets	`ConvertiblePreferredStockSharesIssuedUponConversion`	18,866.00	shares	Point-in-time
Cancellation of common stock	`WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation`	124,592.00	shares	Annual
Issuance of preferred stock for settlement of related party accounts payable	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$7.79K	USD	Annual

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Balance preferred shares, beginning balance	`PreferredStockSharesOutstanding`	15.81M	shares	Point-in-time
Balance preferred shares, beginning balance	`PreferredStockSharesOutstanding`	7.79M	shares	Point-in-time
Balance common shares, beginning balance	`CommonStockSharesOutstanding`	140.80M	shares	Point-in-time
Balance common shares, beginning balance	`CommonStockSharesOutstanding`	16.21M	shares	Point-in-time
Balance common shares, beginning balance	`CommonStockSharesOutstanding`	16.21M	shares	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$-31.48K	USD	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$-102.36K	USD	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$-87.27K	USD	Point-in-time
Preferred stock issued for settlement of debt, value	`StockIssuedDuringPeriodValueOther`	$7.79K	USD	Annual
Preferred stock issued for settlement of debt, shares	`StockIssuedDuringPeriodSharesOther`	7.79M	shares	Annual
Common stock cancelled, shares	`StockIssuedDuringPeriodSharesConversionOfUnits`	-124.59M	shares	Annual
Preferred stock issued for assets, value	`StockIssuedDuringPeriodValuePurchaseOfAssets`	$18.87K	USD	Annual
Preferred stock issued for assets, shares	`StockIssuedDuringPeriodSharesPurchaseOfAssets`	8.02M	shares	Annual
NET LOSS	`OtherComprehensiveIncomeLossNetOfTax`	$-63.58K	USD	Annual
NET LOSS	`OtherComprehensiveIncomeLossNetOfTax`	$-33.95K	USD	Annual
Balance preferred shares, ending balance	`PreferredStockSharesOutstanding`	15.81M	shares	Point-in-time
Balance preferred shares, ending balance	`PreferredStockSharesOutstanding`	7.79M	shares	Point-in-time
Balance common shares, ending balance	`CommonStockSharesOutstanding`	140.80M	shares	Point-in-time
Balance common shares, ending balance	`CommonStockSharesOutstanding`	16.21M	shares	Point-in-time
Balance common shares, ending balance	`CommonStockSharesOutstanding`	16.21M	shares	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$-31.48K	USD	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$-102.36K	USD	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$-87.27K	USD	Point-in-time

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