10-Q Filing

FORTUNE VALLEY TREASURES, INC. CIK: 1626745 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001078782-16-002161`
Period End Date	20151130
Filing Date	20160112
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	cryp-20151130.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 10 Cash Flow Statement 20

Balance Sheet 28 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`	$42.49K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash	`Cash`	$17.37K	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	7.75M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	7.75M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$42.49K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$17.37K	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	7.75M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	7.75M	shares	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$10.58K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$10.58K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$241.00	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$241.00	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.82K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.82K	USD	Point-in-time
Common stock Authorized: 75,000,000 shares, par value $0.001, 7,750,000 shares issued and outstanding; respectively	`CommonStockValue`	$7.75K	USD	Point-in-time
Common stock Authorized: 75,000,000 shares, par value $0.001, 7,750,000 shares issued and outstanding; respectively	`CommonStockValue`	$7.75K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$69.75K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$69.75K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-45.83K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-70.96K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$31.67K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$6.54K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$17.37K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$42.49K	USD	Point-in-time

Income Statement 10 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.17K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$25.12K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$10.17K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$25.12K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-25.12K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-10.17K	USD	1 Quarter
Net Loss Per Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net Loss Per Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.00M	shares	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	7.75M	shares	1 Quarter

Cash Flow Statement 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-10.17K	USD	1 Quarter
Net loss	`ProfitLoss`	$-25.12K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	-	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$1.50K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.67K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-25.12K	USD	1 Quarter
Net decrease in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-25.12K	USD	1 Quarter
Net decrease in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.67K	USD	1 Quarter
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$42.49K	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$41.33K	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$50.00K	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$17.37K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$42.49K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$41.33K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$50.00K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$17.37K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	1 Quarter
Interest paid	`InterestPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter

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