10-Q Filing

WENYUAN GROUP CORP. CIK: 723533 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001213900-11-004570`
Period End Date	20110630
Filing Date	20110818
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	pymb-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 38 Cash Flow Statement 45

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$88.00	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.52K	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$593.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100,000.00	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	-	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$3.90K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24,000.00	shares	Point-in-time
Prepaid Insurance	`PrepaidInsurance`	$19.27K	USD	Point-in-time
Prepaid Insurance	`PrepaidInsurance`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	252.43M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$25.69K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$88.00	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	252.43M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$25.75K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Total Assets	`Assets`	$88.00	USD	Point-in-time
Total Assets	`Assets`	$51.44K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$227.27K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$130.00K	USD	Point-in-time
Accrued interest payable	`InterestAndDividendsPayableCurrent`	-	USD	Point-in-time
Accrued interest payable	`InterestAndDividendsPayableCurrent`	$15.81K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$130.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$243.08K	USD	Point-in-time
Line of credit payable	`LongTermLineOfCredit`	-	USD	Point-in-time
Line of credit payable	`LongTermLineOfCredit`	$60.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$303.08K	USD	Point-in-time
Total liabilities	`Liabilities`	$130.00K	USD	Point-in-time
Preferred stock, $0.0001 par value, 25,000,000 shares authorized, 0 issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 25,000,000 shares authorized, 0 issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001, authorized 300,000,000 (2010 100,000) shares; 252,428,270 (2010 24,000) issued and outstanding	`CommonStockValue`	$25.24K	USD	Point-in-time
Common stock, $0.0001, authorized 300,000,000 (2010 100,000) shares; 252,428,270 (2010 24,000) issued and outstanding	`CommonStockValue`	$240.00	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$33.37K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$9.36K	USD	Point-in-time
Other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.00	USD	Point-in-time
Other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$310.25K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$139.50K	USD	Point-in-time
Total stockholders deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-251.64K	USD	Point-in-time
Total stockholders deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-129.91K	USD	Point-in-time
Total Liabilities and Stockholders Deficiency	`LiabilitiesAndStockholdersEquity`	$51.44K	USD	Point-in-time
Total Liabilities and Stockholders Deficiency	`LiabilitiesAndStockholdersEquity`	$88.00	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	2 Qtrs
REVENUES	`Revenues`	-	USD	2 Qtrs
REVENUES	`Revenues`	-	USD	9 Qtrs
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$50.60K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.01K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$65.12K	USD	9 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$27.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$43.35K	USD	1 Quarter
Processing fees	`OtherCostAndExpenseOperating`	$216.95K	USD	9 Qtrs
Processing fees	`OtherCostAndExpenseOperating`	-	USD	1 Quarter
Processing fees	`OtherCostAndExpenseOperating`	$46.50K	USD	1 Quarter
Processing fees	`OtherCostAndExpenseOperating`	-	USD	2 Qtrs
Processing fees	`OtherCostAndExpenseOperating`	$91.95K	USD	2 Qtrs
Consulting	`OtherGeneralAndAdministrativeExpense`	$27.17K	USD	1 Quarter
Consulting	`OtherGeneralAndAdministrativeExpense`	-	USD	2 Qtrs
Consulting	`OtherGeneralAndAdministrativeExpense`	-	USD	1 Quarter
Consulting	`OtherGeneralAndAdministrativeExpense`	$28.19K	USD	9 Qtrs
Consulting	`OtherGeneralAndAdministrativeExpense`	$28.19K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$170.74K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$9.01K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$117.02K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$27.00	USD	1 Quarter
Total expenses	`OperatingExpenses`	$310.25K	USD	9 Qtrs
Net loss	`ProfitLoss`	$-170.74K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-9.01K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-27.00	USD	1 Quarter
Net loss	`ProfitLoss`	$-310.25K	USD	9 Qtrs
Net loss	`ProfitLoss`	$-117.02K	USD	1 Quarter
Basic net loss per weighted average share	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic net loss per weighted average share	`EarningsPerShareBasic`	-	USD	2 Qtrs
Basic net loss per weighted average share	`EarningsPerShareBasic`	$-0.38	USD	2 Qtrs
Basic net loss per weighted average share	`EarningsPerShareBasic`	-	USD	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	24,000.00	shares	2 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	252.43M	shares	2 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	252.43M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	24,000.00	shares	1 Quarter

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-170.74K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-9.01K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-27.00	USD	1 Quarter
Net loss	`ProfitLoss`	$-310.25K	USD	9 Qtrs
Net loss	`ProfitLoss`	$-117.02K	USD	1 Quarter
(Incr) decr in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-19.27K	USD	2 Qtrs
(Incr) decr in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
(Incr) decr in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-19.27K	USD	9 Qtrs
(Incr)decr in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
(Incr)decr in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.90K	USD	2 Qtrs
(Incr)decr in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.90K	USD	9 Qtrs
(Incr)decr in security deposit	`IncreaseDecreaseInDepositOtherAssets`	-	USD	2 Qtrs
(Incr)decr in security deposit	`IncreaseDecreaseInDepositOtherAssets`	$-25.75K	USD	9 Qtrs
(Incr)decr in security deposit	`IncreaseDecreaseInDepositOtherAssets`	$-25.75K	USD	2 Qtrs
Incr (decr) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	2 Qtrs
Incr (decr) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$203.83K	USD	2 Qtrs
Incr (decr) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$333.83K	USD	9 Qtrs
Increase (decrease) in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	-	USD	2 Qtrs
Increase (decrease) in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$15.81K	USD	2 Qtrs
Increase (decrease) in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$15.81K	USD	9 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.54K	USD	9 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.01K	USD	2 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-30.00	USD	2 Qtrs
Cash acquired in reverse merger	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.46K	USD	2 Qtrs
Cash acquired in reverse merger	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.46K	USD	9 Qtrs
Cash acquired in reverse merger	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$9.60K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$9.60K	USD	9 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.06K	USD	9 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.60K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.46K	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$593.00	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.52K	USD	9 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.43K	USD	2 Qtrs
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$88.00	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.52K	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$593.00	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$88.00	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.52K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$593.00	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time

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