10-Q Filing

YUBO INTERNATIONAL BIOTECH LTD CIK: 895464 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193805-11-001965`
Period End Date	20110831
Filing Date	20111011
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	magaa-20110831.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 32 Income Statement 26 Cash Flow Statement 20 Stockholders Equity 8

Balance Sheet 32 line items

Line Item	Tag	Value	Unit	Period
Approximate amount due to Company's President for expenses paid on the Company's behalf (in dollars)	`CurrentLiabilitiesDueForExpensesPaid`	$68.00K	USD	Point-in-time
Approximate amount due to Company's President for expenses paid on the Company's behalf (in dollars)	`CurrentLiabilitiesDueForExpensesPaid`	$68.00K	USD	Point-in-time
Preferred Stock Par Value Per Share (in dollars)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock Par Value Per Share (in dollars)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash	`Cash`	$7.00K	USD	Point-in-time
Cash	`Cash`	$7.00K	USD	Point-in-time
Preferred Stock Shares Authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred Stock Shares Authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred Stock Shares Issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred Stock Shares Issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$3.00K	USD	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$9.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.00K	USD	Point-in-time
Notes payable and accrued interest payable to a shareholder	`NotesAndLoansPayable`	$311.00K	USD	Point-in-time
Notes payable and accrued interest payable to a shareholder	`NotesAndLoansPayable`	$354.00K	USD	Point-in-time
Accounts payable (including approximately $68,000 which is payable to the Companys President for expenses he paid on the Companys behalf)	`AccountsPayableCurrent`	$385.00K	USD	Point-in-time
Accounts payable (including approximately $68,000 which is payable to the Companys President for expenses he paid on the Companys behalf)	`AccountsPayableCurrent`	$386.00K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$38.00K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$33.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$729.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$778.00K	USD	Point-in-time
Preferred stock, par value $.01 per share, 5,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $.01 per share, 5,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$27.18M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$27.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-27.94M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-27.90M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-719.00K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-762.00K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$10.00K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$16.00K	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	-	USD	2 Qtrs
REVENUES	`Revenues`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$25.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$39.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$56.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.00K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-11.00K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-25.00K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-56.00K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-39.00K	USD	1 Quarter
OTHER EXPENSE Interest expense	`InterestExpense`	$9.00K	USD	1 Quarter
OTHER EXPENSE Interest expense	`InterestExpense`	$18.00K	USD	2 Qtrs
OTHER EXPENSE Interest expense	`InterestExpense`	$7.00K	USD	1 Quarter
OTHER EXPENSE Interest expense	`InterestExpense`	$14.00K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-20.00K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-46.00K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-43.00K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-70.00K	USD	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	1.18M	shares	Point-in-time
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	1.18M	shares	Point-in-time
NET LOSS PER COMMON SHARE, BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$0.04	USD	2 Qtrs
NET LOSS PER COMMON SHARE, BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
NET LOSS PER COMMON SHARE, BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$0.06	USD	2 Qtrs
NET LOSS PER COMMON SHARE, BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$0.04	USD	1 Quarter

Cash Flow Statement 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`IncreaseDecreaseInOperatingCapital`	$-70.00K	USD	2 Qtrs
Net loss	`IncreaseDecreaseInOperatingCapital`	$-43.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.00K	USD	2 Qtrs
Accounts payable, accrued liabilities and all other	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$46.00K	USD	2 Qtrs
Accounts payable, accrued liabilities and all other	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$24.00K	USD	2 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-29.00K	USD	2 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-25.00K	USD	2 Qtrs
Proceeds received from notes payable to shareholder	`ProceedsFromNotesPayable`	$25.00K	USD	2 Qtrs
Proceeds received from notes payable to shareholder	`ProceedsFromNotesPayable`	$25.00K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.00K	USD	2 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.00K	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.00K	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.00K	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.00K	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$7.00K	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.00K	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$7.00K	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$6.00K	USD	Point-in-time

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Value, Balance, Beginning	`StockholdersEquity`	$-719.00K	USD	Point-in-time
Value, Balance, Beginning	`StockholdersEquity`	$-762.00K	USD	Point-in-time
Net Loss	`NetIncomeLoss`	$-20.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-46.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-43.00K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-70.00K	USD	2 Qtrs
Value, Balance, Ending	`StockholdersEquity`	$-719.00K	USD	Point-in-time
Value, Balance, Ending	`StockholdersEquity`	$-762.00K	USD	Point-in-time

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