10-Q Filing

BNET MEDIA GROUP, INC. CIK: 1501268 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001551163-16-000401`
Period End Date	20160331
Filing Date	20160518
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	bnet-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 30 Income Statement 14 Cash Flow Statement 20

Balance Sheet 30 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$15.55K	USD	Point-in-time
Cash	`Cash`	$440.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$440.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$15.55K	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`	$19.31K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$34.42K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$69.54K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$70.79K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$65.77K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$60.58K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$130.12K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$136.56K	USD	Point-in-time
Preferred stock series A: $0.001 par value, 100,000,000 shares authorized, 20,000,000 shares issued and outstanding.	`PreferredUnitsIssued`	20,000.00	shares	Point-in-time
Preferred stock series A: $0.001 par value, 100,000,000 shares authorized, 20,000,000 shares issued and outstanding.	`PreferredUnitsIssued`	20,000.00	shares	Point-in-time
Preferred stock series B: $0.001 par value, 20,000,000 shares authorized, 8,021,796 shares issued and outstanding.	`PreferredUnitsAuthorized`	8,022.00	shares	Point-in-time
Preferred stock series B: $0.001 par value, 20,000,000 shares authorized, 8,021,796 shares issued and outstanding.	`PreferredUnitsAuthorized`	8,022.00	shares	Point-in-time
Preferred stock series D: $0.001 par value, 20,000,000 shares authorized, 20,000,000 shares issued and outstanding	`PreferredStockValue`	$20.00K	USD	Point-in-time
Preferred stock series D: $0.001 par value, 20,000,000 shares authorized, 20,000,000 shares issued and outstanding	`PreferredStockValue`	$20.00K	USD	Point-in-time
Common stock: $0.001 par value, 800,000,000 shares authorized, 35,015,000 shares issued and outstanding.	`CommonStockValue`	$35.02K	USD	Point-in-time
Common stock: $0.001 par value, 800,000,000 shares authorized, 35,015,000 shares issued and outstanding.	`CommonStockValue`	$35.02K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$249.47K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$249.47K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-428.22K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-449.76K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-95.71K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-117.25K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$34.42K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$19.31K	USD	Point-in-time

Income Statement 14 line items

Line Item	Tag	Value	Unit	Period
Professional fees	`ProfessionalFees`	$7.44K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$6.08K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.10K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.43K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$7.51K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$21.54K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-7.51K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-21.54K	USD	1 Quarter
PROFIT (LOSS)	`ProfitLoss`	$-21.54K	USD	1 Quarter
PROFIT (LOSS)	`ProfitLoss`	$-7.51K	USD	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF BASIC AND DILUTED COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	16.21M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF BASIC AND DILUTED COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	35.02M	shares	1 Quarter

Cash Flow Statement 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-7.51K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-21.54K	USD	1 Quarter
Refundable deposits	`IncreaseDecreaseInOtherDeposits`	$1.50K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.24K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.74K	USD	1 Quarter
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$5.19K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.75K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.11K	USD	1 Quarter
Change in related party payable	`IncreaseDecreaseInDueToRelatedParties`	$8.37K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$8.37K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$622.00	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-15.11K	USD	1 Quarter
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.22K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$596.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$15.55K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$440.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.22K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$596.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$15.55K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$440.00	USD	Point-in-time

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