10-Q Filing

BNET MEDIA GROUP, INC. CIK: 1501268 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001551163-16-000530`
Period End Date	20160930
Filing Date	20161118
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	bnet-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 30 Income Statement 28 Cash Flow Statement 23

Balance Sheet 30 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$1.10K	USD	Point-in-time
Cash	`Cash`	$15.55K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$15.55K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.10K	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`	$19.97K	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`	$56.66K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$99.81K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrentAndNoncurrent`	$60.58K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$156.46K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$130.12K	USD	Point-in-time
Series A: $0.001 par value, 100,000,000 shares authorized, 7,787,000 and -0- shares issued and outstanding, respectively	`PreferredStockValue`	$20.00K	USD	Point-in-time
Series A: $0.001 par value, 100,000,000 shares authorized, 7,787,000 and -0- shares issued and outstanding, respectively	`PreferredStockValue`	$20.00K	USD	Point-in-time
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
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
Series D: .001 par value, 20,000,000 shares authorized, -0- and -0- shares issued and outstanding respectively	`PreferredStockSharesOutstanding`	20,000.00	shares	Point-in-time
Series D: .001 par value, 20,000,000 shares authorized, -0- and -0- shares issued and outstanding respectively	`PreferredStockSharesOutstanding`	20,000.00	shares	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`	$35.02K	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`	$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
Deficit accumulated during the development stage	`RetainedEarningsAccumulatedDeficit`	$-469.00K	USD	Point-in-time
Deficit accumulated during the development stage	`RetainedEarningsAccumulatedDeficit`	$-428.22K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-95.71K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-136.49K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS'DEFICIT	`LiabilitiesAndStockholdersEquity`	$19.97K	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`	$17.44K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$21.41K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$14.40K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$15.32K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.34K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.07K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.58K	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`	$16.97K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$40.78K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$24.48K	USD	3 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-16.97K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-40.78K	USD	3 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-16.97K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-24.48K	USD	3 Qtrs
NET INCOME LOSS	`NetIncomeLoss`	$-40.78K	USD	3 Qtrs
NET INCOME LOSS	`NetIncomeLoss`	$-24.48K	USD	3 Qtrs
NET INCOME LOSS	`NetIncomeLoss`	$-16.97K	USD	1 Quarter
NET INCOME LOSS	`NetIncomeLoss`	$-16.97K	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	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	3 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	16.21M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	35.02M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	16.21M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	35.02M	shares	3 Qtrs

Cash Flow Statement 23 line items

Line Item	Tag	Value	Unit	Period
Profit Loss	`ProfitLoss`	$-40.78K	USD	3 Qtrs
Profit Loss	`ProfitLoss`	$-200.68K	USD	3 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$122.28K	USD	3 Qtrs
Customer deposits	`CustomerDepositsCurrent`	$3.00K	USD	Point-in-time
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.10K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-12.89K	USD	3 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$39.23K	USD	3 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$64.11K	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.45K	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$816.00	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-14.45K	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$816.00	USD	3 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$596.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.10K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.41K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$15.55K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$596.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.10K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.41K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$15.55K	USD	Point-in-time
Preferred stock -"Series A" issued for debt - related party	`OtherNoncashIncomeExpense`	$12.21K	USD	3 Qtrs
Preferred stock - "Series D" issued for debt	`PreferredStockSharesIssued`	20,000.00	shares	Point-in-time
Common stock issued for debt - related party	`NoncashContributionExpense`	$65.79K	USD	3 Qtrs

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