10-K Filing

WENYUAN GROUP CORP. CIK: 723533 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001213900-12-001964`
Period End Date	20111231
Filing Date	20120420
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	pymb-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 21 Cash Flow Statement 27 Stockholders Equity 21

Balance Sheet 46 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`	50.00M	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
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, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.52K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$45.17K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	126.21M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	129.11M	shares	Point-in-time
Prepaid Insurance	`PrepaidInsurance`	-	USD	Point-in-time
Prepaid Insurance	`PrepaidInsurance`	$8.76K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$88.45K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	129.11M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	126.21M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$88.00	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$25.75K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Total Assets	`Assets`	$114.20K	USD	Point-in-time
Total Assets	`Assets`	$88.00	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$438.77K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.54K	USD	Point-in-time
Total liabilities	`Liabilities`	$438.77K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.54K	USD	Point-in-time
Preferred stock, $0.0001 par value 50,000,000 (2010-25,000,000) shares authorized, 0 issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value 50,000,000 (2010-25,000,000) shares authorized, 0 issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock $0.0001, authorized 500,000,000 (2010 300,000,000) shares; 129,114,138 (2010 126,214,138) issued and outstanding	`CommonStockValue`	$12.62K	USD	Point-in-time
Common stock $0.0001, authorized 500,000,000 (2010 300,000,000) shares; 129,114,138 (2010 126,214,138) issued and outstanding	`CommonStockValue`	$12.91K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$574.15K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$124.44K	USD	Point-in-time
Deficit	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$911.63K	USD	Point-in-time
Deficit	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$139.51K	USD	Point-in-time
Total stockholders deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.46K	USD	Point-in-time
Total stockholders deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.46K	USD	Point-in-time
Total stockholders deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-324.57K	USD	Point-in-time
Total Liabilities and Stockholders Deficiency	`LiabilitiesAndStockholdersEquity`	$114.20K	USD	Point-in-time
Total Liabilities and Stockholders Deficiency	`LiabilitiesAndStockholdersEquity`	$88.00	USD	Point-in-time

Income Statement 21 line items

Line Item	Tag	Value	Unit	Period
Card manufacturing	`SalesRevenueGoodsNet`	$225.99K	USD	Annual
Card manufacturing	`SalesRevenueGoodsNet`	-	USD	Annual
Total revenues	`Revenues`	$225.99K	USD	Annual
Total revenues	`Revenues`	-	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$247.61K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$14.51K	USD	Annual
Processing fees	`OtherCostAndExpenseOperating`	$205.78K	USD	Annual
Processing fees	`OtherCostAndExpenseOperating`	$125.00K	USD	Annual
Consulting	`OtherGeneralAndAdministrativeExpense`	-	USD	Annual
Consulting	`OtherGeneralAndAdministrativeExpense`	$297.21K	USD	Annual
License fee	`CostOfServicesDirectTaxesAndLicensesCosts`	-	USD	Annual
License fee	`CostOfServicesDirectTaxesAndLicensesCosts`	$247.50K	USD	Annual
Total expenses	`OperatingExpenses`	$139.51K	USD	Annual
Total expenses	`OperatingExpenses`	$998.11K	USD	Annual
Net loss	`ProfitLoss`	$-139.51K	USD	Annual
Net loss	`ProfitLoss`	$-139.51K	USD	7 Qtrs
Net loss	`ProfitLoss`	$-772.12K	USD	Annual
Basic net loss per weighted average share	`EarningsPerShareBasic`	$-0.01	USD	Annual
Basic net loss per weighted average share	`EarningsPerShareBasic`	-	USD	Annual
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	126.21M	shares	Annual
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	127.43M	shares	Annual

Cash Flow Statement 27 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-139.51K	USD	Annual
Net loss	`ProfitLoss`	$-139.51K	USD	7 Qtrs
Net loss	`ProfitLoss`	$-772.12K	USD	Annual
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-8.76K	USD	Annual
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	Annual
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	Annual
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-45.17K	USD	Annual
Increase in security deposit	`IncreaseDecreaseInDepositOtherAssets`	$-25.75K	USD	Annual
Increase in security deposit	`IncreaseDecreaseInDepositOtherAssets`	-	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$433.77K	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$130.00K	USD	Annual
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.51K	USD	Annual
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-418.03K	USD	Annual
Cash acquired in reverse merger	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Cash acquired in reverse merger	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.46K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$9.60K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$450.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.60K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$452.46K	USD	Annual
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$34.43K	USD	Annual
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$88.00	USD	Annual
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`	$34.52K	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`	$34.52K	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.46K	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.46K	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-324.57K	USD	Point-in-time
Beginning Balance (Shares)	`SharesOutstanding`	0.00	shares	Point-in-time
Beginning Balance (Shares)	`SharesOutstanding`	0.00	shares	Point-in-time
Beginning Balance (Shares)	`SharesOutstanding`	0.00	shares	Point-in-time
Sale of shares	`StockIssuedDuringPeriodValueNewIssues`	$9.60K	USD	7 Qtrs
Sale of shares (Shares)	`StockIssuedDuringPeriodSharesNewIssues`	0.00	shares	7 Qtrs
Sale of shares July 21, 2011	`SaleOfSharesJuly212011Value`	$250.00K	USD	Annual
Sale of shares July 21, 2011 (Shares)	`SaleOfSharesJuly212011Shares`	0.00	shares	Annual
Sale of shares Sept. 30, 2011	`SaleOfSharesSept302011Value`	$200.00K	USD	Annual
Sale of shares Sept. 30, 2011 (Shares)	`SaleOfSharesSept302011Shares`	0.00	shares	Annual
Net loss	`ProfitLoss`	$-139.51K	USD	Annual
Net loss	`ProfitLoss`	$-139.51K	USD	7 Qtrs
Net loss	`ProfitLoss`	$-772.12K	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.46K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.46K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-324.57K	USD	Point-in-time
Balance (Shares)	`SharesOutstanding`	0.00	shares	Point-in-time
Balance (Shares)	`SharesOutstanding`	0.00	shares	Point-in-time
Balance (Shares)	`SharesOutstanding`	0.00	shares	Point-in-time

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