10-Q Filing

WENYUAN GROUP CORP. CIK: 723533 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001213900-11-005968`
Period End Date	20110930
Filing Date	20111114
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	pymb-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 53 Income Statement 38 Cash Flow Statement 45

Balance Sheet 53 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
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$144.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$176.61K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$88.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$9.77K	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50,000.00	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	129.11M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12,000.00	shares	Point-in-time
Prepaid Insurance	`PrepaidInsurance`	$14.02K	USD	Point-in-time
Prepaid Insurance	`PrepaidInsurance`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$88.00	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	129.11M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$200.40K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$25.75K	USD	Point-in-time
Total Assets	`Assets`	$226.15K	USD	Point-in-time
Total Assets	`Assets`	$88.00	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$130.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$187.22K	USD	Point-in-time
Accrued interest payable	`InterestAndDividendsPayableCurrent`	-	USD	Point-in-time
Accrued interest payable	`InterestAndDividendsPayableCurrent`	$18.70K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$130.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$205.91K	USD	Point-in-time
Line of credit payable	`LongTermLineOfCredit`	$60.75K	USD	Point-in-time
Line of credit payable	`LongTermLineOfCredit`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$130.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$266.66K	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`	$240.00	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`	$25.82K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$482.79K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$9.36K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$549.13K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$139.51K	USD	Point-in-time
Total stockholders deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-40.52K	USD	Point-in-time
Total stockholders deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-129.91K	USD	Point-in-time
Total Liabilities and Stockholders Deficiency	`LiabilitiesAndStockholdersEquity`	$88.00	USD	Point-in-time
Total Liabilities and Stockholders Deficiency	`LiabilitiesAndStockholdersEquity`	$226.15K	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$11.00K	USD	1 Quarter
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	-	USD	3 Qtrs
REVENUES	`Revenues`	$11.00K	USD	10 Qtrs
REVENUES	`Revenues`	$11.00K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$69.04K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$119.64K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$464.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$134.15K	USD	10 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.46K	USD	3 Qtrs
Processing fees	`OtherCostAndExpenseOperating`	-	USD	3 Qtrs
Processing fees	`OtherCostAndExpenseOperating`	$143.64K	USD	3 Qtrs
Processing fees	`OtherCostAndExpenseOperating`	$51.69K	USD	1 Quarter
Processing fees	`OtherCostAndExpenseOperating`	-	USD	1 Quarter
Processing fees	`OtherCostAndExpenseOperating`	$268.64K	USD	10 Qtrs
Consulting	`OtherGeneralAndAdministrativeExpense`	$157.34K	USD	10 Qtrs
Consulting	`OtherGeneralAndAdministrativeExpense`	-	USD	1 Quarter
Consulting	`OtherGeneralAndAdministrativeExpense`	$157.34K	USD	3 Qtrs
Consulting	`OtherGeneralAndAdministrativeExpense`	$126.88K	USD	1 Quarter
Consulting	`OtherGeneralAndAdministrativeExpense`	-	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$247.61K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$9.46K	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$464.00	USD	1 Quarter
Total expenses	`OperatingExpenses`	$560.13K	USD	10 Qtrs
Total expenses	`OperatingExpenses`	$420.62K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-236.61K	USD	1 Quarter
Net loss	`ProfitLoss`	$-549.13K	USD	10 Qtrs
Net loss	`ProfitLoss`	$-409.62K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-464.00	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.46K	USD	3 Qtrs
Basic net loss per weighted average share	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic net loss per weighted average share	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic net loss per weighted average share	`EarningsPerShareBasic`	-	USD	3 Qtrs
Basic net loss per weighted average share	`EarningsPerShareBasic`	$-0.79	USD	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	111.57B	shares	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	12.00M	shares	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	128.15B	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	12.00M	shares	1 Quarter

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-236.61K	USD	1 Quarter
Net loss	`ProfitLoss`	$-549.13K	USD	10 Qtrs
Net loss	`ProfitLoss`	$-409.62K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-464.00	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.46K	USD	3 Qtrs
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-14.02K	USD	3 Qtrs
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-14.02K	USD	10 Qtrs
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.77K	USD	10 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.77K	USD	3 Qtrs
Increase in security deposit	`IncreaseDecreaseInDepositOtherAssets`	-	USD	3 Qtrs
Increase in security deposit	`IncreaseDecreaseInDepositOtherAssets`	$-25.75K	USD	3 Qtrs
Increase in security deposit	`IncreaseDecreaseInDepositOtherAssets`	$-25.75K	USD	10 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	3 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$164.53K	USD	3 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$294.52K	USD	10 Qtrs
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$18.70K	USD	3 Qtrs
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	-	USD	3 Qtrs
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$18.70K	USD	10 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-275.93K	USD	3 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.46K	USD	3 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-285.45K	USD	10 Qtrs
Cash acquired in reverse merger	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.46K	USD	10 Qtrs
Cash acquired in reverse merger	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.46K	USD	3 Qtrs
Cash acquired in reverse merger	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$459.60K	USD	10 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$9.60K	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$450.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.60K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$452.46K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$462.06K	USD	10 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$176.61K	USD	10 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$176.52K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$144.00	USD	3 Qtrs
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$144.00	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$176.61K	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$88.00	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$144.00	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$176.61K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$88.00	USD	Point-in-time

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