10-Q Filing

BNET MEDIA GROUP, INC. CIK: 1501268 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001551163-16-000466`
Period End Date	20160630
Filing Date	20160819
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	bnet-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 30 Income Statement 28 Cash Flow Statement 21

Balance Sheet 30 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$15.55K	USD	Point-in-time
Cash	`Cash`	$1.03K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.03K	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`	$34.42K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$19.89K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$69.54K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$56.29K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$60.58K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$89.92K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$130.12K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$146.21K	USD	Point-in-time
Series A: $0.001 par value, 100,000,000 shares authorized, 20,000,000 shares issued and outstanding.	`PreferredStockValue`	$20.00K	USD	Point-in-time
Series A: $0.001 par value, 100,000,000 shares authorized, 20,000,000 shares issued and outstanding.	`PreferredStockValue`	$20.00K	USD	Point-in-time
Series B: $0.001 par value, 20,000,000 shares authorized, 8,021,796 shares issued and outstanding.	`PreferredUnitsIssued`	8,022.00	shares	Point-in-time
Series B: $0.001 par value, 20,000,000 shares authorized, 8,021,796 shares issued and outstanding.	`PreferredUnitsIssued`	8,022.00	shares	Point-in-time
Series D: $0.001 par value, 20,000,000 shares issued and outstanding respectively.	`PreferredStockValueOutstanding`	$20.00K	USD	Point-in-time
Series D: $0.001 par value, 20,000,000 shares issued and outstanding respectively.	`PreferredStockValueOutstanding`	$20.00K	USD	Point-in-time
Common stock: $0.001 par value, 800,000,000 shares authorized, 35,015,000 issued and outstanding.	`CommonStockValue`	$35.02K	USD	Point-in-time
Common stock: $0.001 par value, 800,000,000 shares authorized, 35,015,000 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`	$-458.83K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-126.32K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-95.71K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS'DEFICIT	`LiabilitiesAndStockholdersEquity`	$19.89K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS'DEFICIT	`LiabilitiesAndStockholdersEquity`	$34.42K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Professional fees	`ProfessionalFees`	$21.41K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$15.32K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$15.74K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$8.30K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.07K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.87K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$767.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.64K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$30.61K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$16.97K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$9.07K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$24.48K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-9.07K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-30.61K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-16.97K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-24.48K	USD	2 Qtrs
NET (INCOME) LOSS	`NetIncomeLoss`	$-24.48K	USD	2 Qtrs
NET (INCOME) LOSS	`NetIncomeLoss`	$-30.61K	USD	2 Qtrs
NET (INCOME) LOSS	`NetIncomeLoss`	$-16.97K	USD	1 Quarter
NET (INCOME) LOSS	`NetIncomeLoss`	$-9.07K	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	`WeightedAverageNumberOfSharesOutstandingBasic`	20.97M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	35.02M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	35.02M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	18.60M	shares	2 Qtrs

Cash Flow Statement 21 line items

Line Item	Tag	Value	Unit	Period
Profit loss	`ProfitLoss`	$-30.61K	USD	2 Qtrs
Profit loss	`ProfitLoss`	$-24.48K	USD	2 Qtrs
Customer deposits	`CustomerDepositsCurrent`	$3.00K	USD	Point-in-time
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.59K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.25K	USD	2 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$29.34K	USD	2 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$9.83K	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.52K	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$1.94K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$1.94K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-14.52K	USD	2 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.54K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$15.55K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.03K	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`	$15.55K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.03K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$596.00	USD	Point-in-time
Common stock issued for debt - related party	`NoncashContributionExpense`	$5.80K	USD	2 Qtrs
Preferred stock -"Series A" issued for debt - related party	`OtherNoncashIncomeExpense`	$52.20K	USD	2 Qtrs

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