10-Q Filing

BNET MEDIA GROUP, INC. CIK: 1501268 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001551163-15-000181`
Period End Date	20150630
Filing Date	20150814
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	bnet-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 29 Income Statement 28 Cash Flow Statement 22

Balance Sheet 29 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$2.54K	USD	Point-in-time
Cash	`Cash`	$529.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.54K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$529.00	USD	Point-in-time
Other Assets	`OtherAssets`	$18.87K	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`	$21.40K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$73.55K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$87.14K	USD	Point-in-time
Customer Deposits	`CustomerDepositsCurrent`	$3.00K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$100.00	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$48.27K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$121.82K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$90.24K	USD	Point-in-time
Preferred stock Series A: $0.001 par value, 100,000,000 shares authorized, 13,587,000 and -0- shares issued and outstanding, respectively	`PreferredStockValue`	$7.79K	USD	Point-in-time
Preferred stock Series A: $0.001 par value, 100,000,000 shares authorized, 13,587,000 and -0- shares issued and outstanding, respectively	`PreferredStockValue`	$13.59K	USD	Point-in-time
Preferred stock Series B: .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
Preferred stock Series B: .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, 21,428,000 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, 21,428,000 and 16,208,000 shares issued and outstanding, respectively	`CommonStockValue`	$21.43K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$118.64K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$165.62K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-277.49K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-253.01K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-102.36K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-68.83K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$19.46K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$21.40K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Professional fees	`ProfessionalFees`	$19.92K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$15.32K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$7.41K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$21.41K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.07K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$157.00	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$42.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.64K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$16.97K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$24.48K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$7.45K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$20.08K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-16.97K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-7.45K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-24.48K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-20.08K	USD	2 Qtrs
NET INCOME LOSS	`NetIncomeLoss`	$-20.08K	USD	2 Qtrs
NET INCOME LOSS	`NetIncomeLoss`	$-7.45K	USD	1 Quarter
NET INCOME LOSS	`NetIncomeLoss`	$-24.48K	USD	2 Qtrs
NET INCOME LOSS	`NetIncomeLoss`	$-16.97K	USD	1 Quarter
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	2 Qtrs
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesIssuedBasic`	16.21M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesIssuedBasic`	16.21M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesIssuedBasic`	18.60M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesIssuedBasic`	20.97M	shares	1 Quarter

Cash Flow Statement 22 line items

Line Item	Tag	Value	Unit	Period
Profit (loss)	`ProfitLoss`	$-20.08K	USD	2 Qtrs
Profit (loss)	`ProfitLoss`	$-24.48K	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$3.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.59K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$19.17K	USD	2 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInDueToRelatedParties`	$9.83K	USD	2 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInDueToRelatedParties`	$1.00K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$93.00	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$1.94K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$93.00	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$1.94K	USD	2 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.54K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$627.00	USD	Point-in-time
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 END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.54K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$627.00	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
Preferred stock issued for other investment	`OtherMaterialNoncashItems`	$18.87K	USD	2 Qtrs
Preferred stock -"Series A" issued for debt - related party	`OtherNoncashExpense`	$5.80K	USD	2 Qtrs
Common stock issued for debt - related party	`NoncashContributionExpense`	$52.20K	USD	2 Qtrs

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