10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001010412-11-000670`
Period End Date	20110930
Filing Date	20111116
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	pgec-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 35 Income Statement 53 Cash Flow Statement 62 Stockholders Equity 10

Balance Sheet 35 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$86.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.39K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$77.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$86.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.39K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$77.00	USD	Point-in-time
Total Assets	`Assets`	$2.39K	USD	Point-in-time
Total Assets	`Assets`	$77.00	USD	Point-in-time
Accounts Payable	`AccountsPayable`	$6.99K	USD	Point-in-time
Accounts Payable	`AccountsPayable`	-	USD	Point-in-time
Accrued Interest	`InterestPayable`	$18.34K	USD	Point-in-time
Accrued Interest	`InterestPayable`	$12.74K	USD	Point-in-time
Shareholder loans	`LoansPayable`	$88.44K	USD	Point-in-time
Shareholder loans	`LoansPayable`	$93.96K	USD	Point-in-time
Loan Payable - related party	`AccountsPayableRelatedParties`	-	USD	Point-in-time
Loan Payable - related party	`AccountsPayableRelatedParties`	$19.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$131.30K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$108.17K	USD	Point-in-time
Total Liabilities	`Liabilities`	$131.30K	USD	Point-in-time
Total Liabilities	`Liabilities`	$108.17K	USD	Point-in-time
Preferred stock - 10,000,000 shares authorized - None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - 10,000,000 shares authorized - None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common Stock - 100,000,000 shares authorized having a par value of $0.001 per share, 2,332,200 shares issued and outstanding at September 30, 2011 and 2,302,200 shares issued and outstanding at December 31, 2010	`CommonStockValue`	$2.53K	USD	Point-in-time
Common Stock - 100,000,000 shares authorized having a par value of $0.001 per share, 2,332,200 shares issued and outstanding at September 30, 2011 and 2,302,200 shares issued and outstanding at December 31, 2010	`CommonStockValue`	$2.30K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$385.66K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$547.68K	USD	Point-in-time
Accumulated Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-383.75K	USD	Point-in-time
Accumulated Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-383.75K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$110.00K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$297.69K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-131.22K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-105.78K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$77.00	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.39K	USD	Point-in-time

Income Statement 53 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	21 Qtrs
Revenues	`Revenues`	-	USD	3 Qtrs
Revenues	`Revenues`	-	USD	3 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$21.53K	USD	3 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$276.59K	USD	21 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$6.45K	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$153.30K	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$182.09K	USD	3 Qtrs
Loss from Operations	`IncomeLossFromContinuingOperations`	$-21.53K	USD	3 Qtrs
Loss from Operations	`IncomeLossFromContinuingOperations`	$-276.59K	USD	21 Qtrs
Loss from Operations	`IncomeLossFromContinuingOperations`	$-153.30K	USD	1 Quarter
Loss from Operations	`IncomeLossFromContinuingOperations`	$-6.45K	USD	1 Quarter
Loss from Operations	`IncomeLossFromContinuingOperations`	$-182.09K	USD	3 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$4.42K	USD	3 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$21.60K	USD	21 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$2.01K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$1.65K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$5.59K	USD	3 Qtrs
Related party interest income	`InterestAndOtherIncome`	-	USD	1 Quarter
Related party interest income	`InterestAndOtherIncome`	-	USD	3 Qtrs
Related party interest income	`InterestAndOtherIncome`	-	USD	1 Quarter
Related party interest income	`InterestAndOtherIncome`	-	USD	3 Qtrs
Related party interest income	`InterestAndOtherIncome`	$506.00	USD	21 Qtrs
Total Non-operating Income (Expense)	`NonoperatingIncomeExpense`	$-2.01K	USD	1 Quarter
Total Non-operating Income (Expense)	`NonoperatingIncomeExpense`	$-5.59K	USD	3 Qtrs
Total Non-operating Income (Expense)	`NonoperatingIncomeExpense`	$-4.42K	USD	3 Qtrs
Total Non-operating Income (Expense)	`NonoperatingIncomeExpense`	$-21.10K	USD	21 Qtrs
Total Non-operating Income (Expense)	`NonoperatingIncomeExpense`	$-1.65K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-187.69K	USD	3 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-25.95K	USD	3 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-155.31K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-8.10K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-297.69K	USD	21 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	21 Qtrs
Net Loss	`NetIncomeLoss`	$-8.10K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-187.69K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-155.31K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-25.95K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-297.69K	USD	21 Qtrs
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	3 Qtrs
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	1 Quarter
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	3 Qtrs
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.41M	shares	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.36M	shares	3 Qtrs
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.30M	shares	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.30M	shares	3 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-8.10K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-187.69K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-155.31K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-25.95K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-297.69K	USD	21 Qtrs
Imputed related party interest expense	`InterestExpense`	$636.00	USD	21 Qtrs
Imputed related party interest expense	`InterestExpense`	-	USD	3 Qtrs
Imputed related party interest expense	`InterestExpense`	-	USD	3 Qtrs
Common stock issued for services	`ShareBasedCompensation`	$155.60K	USD	21 Qtrs
Common stock issued for services	`ShareBasedCompensation`	-	USD	3 Qtrs
Common stock issued for services	`ShareBasedCompensation`	$155.60K	USD	3 Qtrs
Corporate expenses paid by shareholder	`ProceedsFromContributedCapital`	-	USD	3 Qtrs
Corporate expenses paid by shareholder	`ProceedsFromContributedCapital`	$55.14K	USD	21 Qtrs
Corporate expenses paid by shareholder	`ProceedsFromContributedCapital`	-	USD	3 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$722.00	USD	3 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.49K	USD	21 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-338.00	USD	3 Qtrs
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$4.38K	USD	3 Qtrs
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$5.59K	USD	3 Qtrs
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$18.34K	USD	21 Qtrs
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-20.85K	USD	3 Qtrs
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.83K	USD	3 Qtrs
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-66.47K	USD	21 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$57.82K	USD	21 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$24.52K	USD	3 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$20.85K	USD	3 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$12.00K	USD	21 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	21 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.27K	USD	21 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$66.55K	USD	21 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$20.85K	USD	3 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$24.52K	USD	3 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$77.00	USD	21 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.31K	USD	3 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	3 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$86.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$2.39K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$77.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$86.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$86.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$2.39K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$77.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$86.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest expense	`InterestPaid`	-	USD	3 Qtrs
Interest expense	`InterestPaid`	-	USD	3 Qtrs
Interest expense	`InterestPaid`	-	USD	21 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	21 Qtrs
Forgiveness of debt by shareholder	`AdjustmentsToAdditionalPaidInCapitalOther`	$6.65K	USD	21 Qtrs
Forgiveness of debt by shareholder	`AdjustmentsToAdditionalPaidInCapitalOther`	-	USD	3 Qtrs
Forgiveness of debt by shareholder	`AdjustmentsToAdditionalPaidInCapitalOther`	$6.65K	USD	3 Qtrs

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Preferred stock authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common Stock authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Common Stock outstanding	`CommonStockSharesOutstanding`	2.30M	shares	Point-in-time

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