10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000943440-12-000150 |
| Period End Date | 20111231 |
| Filing Date | 20120214 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | mycg-20111231.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Cash |
Cash
|
$19.82K | USD | Point-in-time |
| Cash |
Cash
|
$93.60K | USD | Point-in-time |
| Common stock, authorized |
CommonStockSharesAuthorized
|
200.00M | shares | Point-in-time |
| Cash |
Cash
|
$1.62K | USD | Point-in-time |
| Common stock, authorized |
CommonStockSharesAuthorized
|
200.00M | shares | Point-in-time |
| Cash |
Cash
|
$12.29K | USD | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
13.51M | shares | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
13.51M | shares | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$9.15K | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
- | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$25.00K | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$37.50K | USD | Point-in-time |
| Common stock, outstanding |
CommonStockSharesOutstanding
|
13.51M | shares | Point-in-time |
| Common stock, outstanding |
CommonStockSharesOutstanding
|
13.51M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$48.28K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$37.28K | USD | Point-in-time |
| Total Assets |
Assets
|
$37.28K | USD | Point-in-time |
| Total Assets |
Assets
|
$48.28K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$6.76K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$3.00K | USD | Point-in-time |
| Accrued expenses - related parties |
DueToRelatedPartiesCurrent
|
$60.41K | USD | Point-in-time |
| Accrued expenses - related parties |
DueToRelatedPartiesCurrent
|
$70.77K | USD | Point-in-time |
| Accrued salary- promissory notes |
AccruedSalariesCurrent
|
$133.75K | USD | Point-in-time |
| Accrued salary- promissory notes |
AccruedSalariesCurrent
|
$104.75K | USD | Point-in-time |
| Convertible promissory notes - related parties |
ConvertibleNotesPayable
|
$203.44K | USD | Point-in-time |
| Convertible promissory notes - related parties |
ConvertibleNotesPayable
|
$203.44K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$414.72K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$371.61K | USD | Point-in-time |
| Common stock, $0.001 par value; 200,000,000 shares authorized; 13,512,800 issued and outstanding at December 31, 2011 and September 30, 2010 |
CommonStockValue
|
$13.51K | USD | Point-in-time |
| Common stock, $0.001 par value; 200,000,000 shares authorized; 13,512,800 issued and outstanding at December 31, 2011 and September 30, 2010 |
CommonStockValue
|
$13.51K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$571.99K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$571.99K | USD | Point-in-time |
| Accumulated Deficit |
RetainedEarningsAccumulatedDeficit
|
$-962.94K | USD | Point-in-time |
| Accumulated Deficit |
RetainedEarningsAccumulatedDeficit
|
$-908.83K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-377.44K | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-323.33K | USD | Point-in-time |
| Total Liabilities and Stockholders' Deficit |
LiabilitiesAndStockholdersEquity
|
$37.28K | USD | Point-in-time |
| Total Liabilities and Stockholders' Deficit |
LiabilitiesAndStockholdersEquity
|
$48.28K | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Affiliate Commissions |
FeesAndCommissions
|
$36.00 | USD | 1 Quarter |
| Affiliate Commissions |
FeesAndCommissions
|
$130.00 | USD | 1 Quarter |
| Website Development services |
TechnologyServicesRevenue
|
$11.69K | USD | 1 Quarter |
| Website Development services |
TechnologyServicesRevenue
|
$1.50K | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$11.73K | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$1.63K | USD | 1 Quarter |
| Internet & hosting services |
ProfessionalAndContractServicesExpense
|
$180.00 | USD | 1 Quarter |
| Internet & hosting services |
ProfessionalAndContractServicesExpense
|
$484.00 | USD | 1 Quarter |
| Programming & development |
TechnologyServicesCosts
|
$3.24K | USD | 1 Quarter |
| Programming & development |
TechnologyServicesCosts
|
$2.61K | USD | 1 Quarter |
| Domain names |
LicenseCosts
|
$1.74K | USD | 1 Quarter |
| Domain names |
LicenseCosts
|
$353.00 | USD | 1 Quarter |
| Office and administrative |
GeneralAndAdministrativeExpense
|
$4.75K | USD | 1 Quarter |
| Office and administrative |
GeneralAndAdministrativeExpense
|
$2.06K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$19.22K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$22.35K | USD | 1 Quarter |
| Salaries |
SalariesWagesAndOfficersCompensation
|
$30.00K | USD | 1 Quarter |
| Salaries |
SalariesWagesAndOfficersCompensation
|
$30.00K | USD | 1 Quarter |
| Rent - related party |
OperatingLeasesRentExpenseNet
|
$1.50K | USD | 1 Quarter |
| Rent - related party |
OperatingLeasesRentExpenseNet
|
$1.50K | USD | 1 Quarter |
| Total Operating Expenses |
OperatingExpenses
|
$60.31K | USD | 1 Quarter |
| Total Operating Expenses |
OperatingExpenses
|
$59.68K | USD | 1 Quarter |
| Loss From Operations |
IncomeLossFromContinuingOperations
|
$-58.68K | USD | 1 Quarter |
| Loss From Operations |
IncomeLossFromContinuingOperations
|
$-47.95K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.01K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.15K | USD | 1 Quarter |
| Total Other Expense |
OtherExpenses
|
$4.01K | USD | 1 Quarter |
| Total Other Expense |
OtherExpenses
|
$6.15K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-62.69K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-54.11K | USD | 1 Quarter |
| Net loss per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 1 Quarter |
| Net loss per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 1 Quarter |
| Weighted average number of common shares - Basic and Diluted |
WeightedAverageNumberSharesOutstandingBasicAndDiluted
|
13.51M | shares | 1 Quarter |
| Weighted average number of common shares - Basic and Diluted |
WeightedAverageNumberSharesOutstandingBasicAndDiluted
|
12.73M | shares | 1 Quarter |
Cash Flow Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-62.69K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-54.11K | USD | 1 Quarter |
| Impairment of website development costs |
AssetImpairmentCharges
|
$2.61K | USD | 1 Quarter |
| Impairment of website development costs |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Contributed capital |
ProceedsFromContributedCapital
|
$30.00K | USD | 1 Quarter |
| Contributed capital |
ProceedsFromContributedCapital
|
- | USD | 1 Quarter |
| Amortization of prepaid shares issued for services |
AmortizationOfPrepaidSharesIssuedForServices
|
$12.50K | USD | 1 Quarter |
| Amortization of prepaid shares issued for services |
AmortizationOfPrepaidSharesIssuedForServices
|
- | USD | 1 Quarter |
| Decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-1.25K | USD | 1 Quarter |
| Decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-9.15K | USD | 1 Quarter |
| Increase in accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$7.86K | USD | 1 Quarter |
| Increase in accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$43.12K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-20.97K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$10.66K | USD | 1 Quarter |
| Website development costs |
EmbeddedServiceCosts
|
- | USD | 1 Quarter |
| Website development costs |
EmbeddedServiceCosts
|
$-2.61K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.61K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOrSaleOfEquity
|
- | USD | 1 Quarter |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOrSaleOfEquity
|
$130.86K | USD | 1 Quarter |
| Payments on notes payable - related parties |
RepaymentsOfNotesPayable
|
$33.50K | USD | 1 Quarter |
| Payments on notes payable - related parties |
RepaymentsOfNotesPayable
|
- | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$97.36K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Increase in cash during the period |
CashPeriodIncreaseDecrease
|
$73.78K | USD | 1 Quarter |
| Increase in cash during the period |
CashPeriodIncreaseDecrease
|
$10.66K | USD | 1 Quarter |
| Cash, beginning of the period |
Cash
|
$19.82K | USD | Point-in-time |
| Cash, beginning of the period |
Cash
|
$93.60K | USD | Point-in-time |
| Cash, beginning of the period |
Cash
|
$1.62K | USD | Point-in-time |
| Cash, beginning of the period |
Cash
|
$12.29K | USD | Point-in-time |
| Cash, end of the period |
Cash
|
$19.82K | USD | Point-in-time |
| Cash, end of the period |
Cash
|
$93.60K | USD | Point-in-time |
| Cash, end of the period |
Cash
|
$1.62K | USD | Point-in-time |
| Cash, end of the period |
Cash
|
$12.29K | USD | Point-in-time |
| Cash paid for interest |
InterestPaid
|
- | USD | 1 Quarter |
| Cash paid for interest |
InterestPaid
|
- | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Common stock issued for stock subscription receivable |
CommonStockIssuedForStockSubscriptionReceivable
|
- | USD | 1 Quarter |
| Common stock issued for stock subscription receivable |
CommonStockIssuedForStockSubscriptionReceivable
|
$1.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.