10-Q Filing

FORTUNE VALLEY TREASURES, INC. CIK: 1626745 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001078782-15-001068`
Period End Date	20150228
Filing Date	20150708
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	crypto-20150228.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 27 Income Statement 10 Cash Flow Statement 13

Balance Sheet 27 line items

Line Item	Tag	Value	Unit	Period
Common stock Authorized shares	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash	`Cash`	$31.95K	USD	Point-in-time
Common stock Authorized shares	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash	`Cash`	$50.00K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$50.00K	USD	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
Total Current Assets	`AssetsCurrent`	$31.95K	USD	Point-in-time
Common stock share issued	`CommonStockSharesIssued`	5.00M	shares	Point-in-time
Common stock share issued	`CommonStockSharesIssued`	5.00M	shares	Point-in-time
Common stock share outstanding	`CommonStockSharesOutstanding`	5.00M	shares	Point-in-time
Common stock share outstanding	`CommonStockSharesOutstanding`	5.00M	shares	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$3.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$241.00	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$241.00	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.24K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$241.00	USD	Point-in-time
Common stock Authorized: 75,000,000 shares, par value $0.001 5,000,000 share issued and outstanding	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock Authorized: 75,000,000 shares, par value $0.001 5,000,000 share issued and outstanding	`CommonStockValue`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$45.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$45.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-21.30K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-241.00	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$49.76K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$28.70K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$31.95K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$50.00K	USD	Point-in-time

Income Statement 10 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$10.89K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.05K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$21.05K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$10.89K	USD	1 Quarter
Net Loss	`ProfitLoss`	$-10.89K	USD	1 Quarter
Net Loss	`ProfitLoss`	$-21.05K	USD	2 Qtrs
Net Loss Per Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net Loss Per Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.00M	shares	2 Qtrs
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.00M	shares	1 Quarter

Cash Flow Statement 13 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`NetIncomeLoss`	$-21.05K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-3.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-18.05K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Due to related parties	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.05K	USD	2 Qtrs
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$31.95K	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$50.00K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$31.95K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$50.00K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs

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