10-K Filing

PRESTIGE CAPITAL CORP CIK: 790179 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001010412-12-000161`
Period End Date	20111231
Filing Date	20120330
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	pgec-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 31 Cash Flow Statement 56 Stockholders Equity 14

Balance Sheet 44 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
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.39K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$86.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$71.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	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
Total Current Assets	`AssetsCurrent`	$71.00	USD	Point-in-time
Common Stock par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.39K	USD	Point-in-time
Total Assets	`Assets`	$2.39K	USD	Point-in-time
Total Assets	`Assets`	$71.00	USD	Point-in-time
Common Stock outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Common Stock outstanding	`CommonStockSharesOutstanding`	2.30M	shares	Point-in-time
Accounts Payable - related party	`AccountsPayableRelatedPartiesCurrent`	$6.99K	USD	Point-in-time
Accounts Payable - related party	`AccountsPayableRelatedPartiesCurrent`	$1.84K	USD	Point-in-time
Accrued Interest	`InterestPayable`	$12.74K	USD	Point-in-time
Accrued Interest	`InterestPayable`	$20.62K	USD	Point-in-time
Shareholder loans	`LoansPayable`	$93.96K	USD	Point-in-time
Shareholder loans	`LoansPayable`	$88.44K	USD	Point-in-time
Loan Payable - related party	`AccountsPayableRelatedParties`	$19.00K	USD	Point-in-time
Loan Payable - related party	`AccountsPayableRelatedParties`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$135.42K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$108.17K	USD	Point-in-time
Total Liabilities	`Liabilities`	$108.17K	USD	Point-in-time
Total Liabilities	`Liabilities`	$135.42K	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, 2,532,200 shares issued and outstanding at December 31, 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, 2,532,200 shares issued and outstanding at December 31, 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`	$301.81K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$110.00K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-105.78K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-135.35K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$2.39K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$71.00	USD	Point-in-time

Income Statement 31 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	22 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$27.53K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$183.94K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$278.43K	USD	22 Qtrs
Loss from Operations	`IncomeLossFromContinuingOperations`	$-27.53K	USD	Annual
Loss from Operations	`IncomeLossFromContinuingOperations`	$-183.94K	USD	Annual
Loss from Operations	`IncomeLossFromContinuingOperations`	$-278.43K	USD	22 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$7.87K	USD	Annual
Related party interest expense	`InterestExpenseRelatedParty`	$23.88K	USD	22 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$6.11K	USD	Annual
Related party interest income	`InterestAndOtherIncome`	-	USD	Annual
Related party interest income	`InterestAndOtherIncome`	$506.00	USD	22 Qtrs
Related party interest income	`InterestAndOtherIncome`	-	USD	Annual
Total Other Expense	`OtherExpenses`	$-7.87K	USD	Annual
Total Other Expense	`OtherExpenses`	$-6.11K	USD	Annual
Total Other Expense	`OtherExpenses`	$-23.38K	USD	22 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-191.81K	USD	Annual
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-301.81K	USD	22 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-33.64K	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	22 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net Loss	`NetIncomeLoss`	$-191.81K	USD	Annual
Net Loss	`NetIncomeLoss`	$-33.64K	USD	Annual
Net Loss	`NetIncomeLoss`	$-301.81K	USD	22 Qtrs
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	Annual
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.41M	shares	Annual
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.30M	shares	Annual

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-191.81K	USD	Annual
Net Loss	`NetIncomeLoss`	$-33.64K	USD	Annual
Net Loss	`NetIncomeLoss`	$-301.81K	USD	22 Qtrs
Imputed related party interest expense	`InterestExpense`	-	USD	Annual
Imputed related party interest expense	`InterestExpense`	-	USD	Annual
Imputed related party interest expense	`InterestExpense`	$635.00	USD	22 Qtrs
Common stock issued for services	`ShareBasedCompensation`	-	USD	Annual
Common stock issued for services	`ShareBasedCompensation`	$155.60K	USD	Annual
Common stock issued for services	`ShareBasedCompensation`	$155.60K	USD	22 Qtrs
Corporate expenses paid by shareholder	`ProceedsFromContributedCapital`	$55.14K	USD	22 Qtrs
Corporate expenses paid by shareholder	`ProceedsFromContributedCapital`	-	USD	Annual
Corporate expenses paid by shareholder	`ProceedsFromContributedCapital`	$20.85K	USD	Annual
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.62K	USD	Annual
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.50K	USD	Annual
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.33K	USD	22 Qtrs
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$6.07K	USD	Annual
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$7.87K	USD	Annual
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$20.62K	USD	22 Qtrs
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.84K	USD	Annual
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-66.48K	USD	22 Qtrs
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.10K	USD	Annual
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$57.82K	USD	22 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$24.52K	USD	Annual
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$5.40K	USD	Annual
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$12.00K	USD	22 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	22 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.27K	USD	22 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$66.55K	USD	22 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$24.52K	USD	Annual
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$5.40K	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.30K	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.32K	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$71.00	USD	22 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$2.39K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$86.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$71.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$2.39K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$86.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$71.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest expense	`InterestPaid`	-	USD	22 Qtrs
Interest expense	`InterestPaid`	-	USD	Annual
Interest expense	`InterestPaid`	-	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	22 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Forgiveness of debt by shareholder	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	$6.65K	USD	22 Qtrs
Forgiveness of debt by shareholder	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	-	USD	Annual
Forgiveness of debt by shareholder	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	$6.65K	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance common shares, beginning balance	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Balance common shares, beginning balance	`CommonStockSharesOutstanding`	2.30M	shares	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$-105.78K	USD	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$-135.35K	USD	Point-in-time
Imputed related party interest expense	`InterestExpense`	-	USD	Annual
Imputed related party interest expense	`InterestExpense`	-	USD	Annual
Imputed related party interest expense	`InterestExpense`	$635.00	USD	22 Qtrs
Net Loss	`NetIncomeLoss`	$-191.81K	USD	Annual
Net Loss	`NetIncomeLoss`	$-33.64K	USD	Annual
Net Loss	`NetIncomeLoss`	$-301.81K	USD	22 Qtrs
Balance common shares, ending balance	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Balance common shares, ending balance	`CommonStockSharesOutstanding`	2.30M	shares	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$-105.78K	USD	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$-135.35K	USD	Point-in-time

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