10-K Filing

WENYUAN GROUP CORP. CIK: 723533 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001213900-15-000274`
Period End Date	20131231
Filing Date	20150114
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	dphs-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 26 Cash Flow Statement 38 Stockholders Equity 18

Balance Sheet 50 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$313.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.52K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$313.00	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$10.60K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
TOTAL ASSETS	`Assets`	$313.00	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
TOTAL ASSETS	`Assets`	$10.60K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Accrued expenses	`AccountsPayableCurrent`	$516.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.16M	shares	Point-in-time
Accrued expenses	`AccountsPayableCurrent`	$13.58K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	94.96M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	200,000.00	shares	Point-in-time
Short term loan	`ShortTermBorrowings`	$9.47K	USD	Point-in-time
Short term loan	`ShortTermBorrowings`	$9.47K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	94.96M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.16M	shares	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$23.05K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$9.99K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$23.05K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$9.99K	USD	Point-in-time
Preferred stock, $0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of December 31, 2013 and 2012, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of December 31, 2013 and 2012, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized, 45,164,138 and 94,964,138 shares issued and outstanding as of December 31, 2013 and 2012, respectively	`CommonStockValue`	$50.00K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized, 45,164,138 and 94,964,138 shares issued and outstanding as of December 31, 2013 and 2012, respectively	`CommonStockValue`	$4.52K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized, 45,164,138 and 94,964,138 shares issued and outstanding as of December 31, 2013 and 2012, respectively	`CommonStockValue`	$9.50K	USD	Point-in-time
Common stock to be issued	`CommonStockToBeIssued`	-	USD	Point-in-time
Common stock to be issued	`CommonStockToBeIssued`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.62M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.39M	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$50.00K	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.59M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.41M	USD	Point-in-time
Total Stockholders' (Deficit)	`StockholdersEquity`	$-324.57K	USD	Point-in-time
Total Stockholders' (Deficit)	`StockholdersEquity`	$-12.45K	USD	Point-in-time
Total Stockholders' (Deficit)	`StockholdersEquity`	$-9.68K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$313.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$10.60K	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	Annual
REVENUES	`Revenues`	-	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$27.45K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$45.80K	USD	Annual
Impairment loss	`GoodwillImpairmentLoss`	$1.13M	USD	Annual
Impairment loss	`GoodwillImpairmentLoss`	-	USD	Annual
Total Expenses	`OperatingExpenses`	$27.45K	USD	Annual
Total Expenses	`OperatingExpenses`	$1.18M	USD	Annual
LOSS FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperations`	$-27.45K	USD	Annual
LOSS FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperations`	$-1.18M	USD	Annual
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$473.82K	USD	Annual
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.18M	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-501.27K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
NET LOSS	`NetIncomeLoss`	$-1.18M	USD	Annual
NET LOSS	`NetIncomeLoss`	$-501.27K	USD	Annual
NET LOSS PER SHARE FROM CONTINUING OPERATIONS - BASIC AND DILUTED	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	Annual
NET LOSS PER SHARE FROM CONTINUING OPERATIONS - BASIC AND DILUTED	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	Annual
NET LOSS PER SHARE FROM DISCONTINUED OPERATIONS - BASIC AND DILUTED	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	-	USD	Annual
NET LOSS PER SHARE FROM DISCONTINUED OPERATIONS - BASIC AND DILUTED	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	-	USD	Annual
NET LOSS PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
NET LOSS PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
WEIGHTED AVERAGE OUTSTANDING SHARES BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	110.17M	shares	Annual
WEIGHTED AVERAGE OUTSTANDING SHARES BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	109.23M	shares	Annual

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-1.18M	USD	Annual
Net (loss)	`NetIncomeLoss`	$-501.27K	USD	Annual
Net loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$473.82K	USD	Annual
Net loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	Annual
Impairment loss	`GoodwillImpairmentLoss`	$1.13M	USD	Annual
Impairment loss	`GoodwillImpairmentLoss`	-	USD	Annual
Increase (decrease) in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$23.05K	USD	Annual
Increase (decrease) in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-13.06K	USD	Annual
Net Cash Used by Operating Activities - Continuing Operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.40K	USD	Annual
Net Cash Used by Operating Activities - Continuing Operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-58.86K	USD	Annual
Net Cash Provided by (used in) Operating Activities - Discontinued Operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-28.99K	USD	Annual
Net Cash Provided by (used in) Operating Activities - Discontinued Operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	Annual
NET CASH USED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-33.39K	USD	Annual
NET CASH USED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-58.86K	USD	Annual
Proceeds from short term loan	`ProceedsFromShortTermDebt`	-	USD	Annual
Proceeds from short term loan	`ProceedsFromShortTermDebt`	$9.47K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.00K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Redemption of common stock	`ProceedsFromRedemptionOfCommonStock`	$-15.00K	USD	Annual
Redemption of common stock	`ProceedsFromRedemptionOfCommonStock`	-	USD	Annual
Capital contributions from officers	`ProceedsFromContributionsFromAffiliates`	-	USD	Annual
Capital contributions from officers	`ProceedsFromContributionsFromAffiliates`	$13.58K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$9.47K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$48.58K	USD	Annual
NET DECREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.29K	USD	Annual
NET DECREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-23.92K	USD	Annual
CASH AT BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$313.00	USD	Point-in-time
CASH AT BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
CASH AT BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$34.52K	USD	Point-in-time
CASH AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$313.00	USD	Point-in-time
CASH AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
CASH AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$34.52K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Common stock issued for patent acquisition	`CommonStockIssuedForPatentAcquisition`	-	USD	Annual
Common stock issued for patent acquisition	`CommonStockIssuedForPatentAcquisition`	$1.20M	USD	Annual

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$-324.57K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-12.45K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-9.68K	USD	Point-in-time
Recission of share exchange agreement on June 11, 2012	`StockIssuedDuringPeriodValueIssuedForRecissionOfShareExchangeAgreement`	$813.40K	USD	Annual
Common stock issued for cash on February 6, 2013	`StockIssuedDuringPeriodValueIssuedForCash`	$50.00K	USD	Annual
Capital contribution from officer	`StockIssuedDuringPeriodValueIssuedForServices`	$13.58K	USD	Annual
Common stock issued for patent on April 19, 2013	`StockIssuedDuringPeriodValueOther`	$1.20M	USD	Annual
Redemption of common stock on April 19, 2013	`StockRedeemedOrCalledDuringPeriodValue`	$34.15M	USD	Point-in-time
Redemption of common stock on April 19, 2013	`StockRedeemedOrCalledDuringPeriodValue`	$-15.00K	USD	Annual
Redemption of common stock on April 19, 2013	`StockRedeemedOrCalledDuringPeriodValue`	$15.00K	USD	Point-in-time
Redemption of common stock on April 19, 2013, Shares	`StockRedeemedOrCalledDuringPeriodShares`	50.00M	shares	Point-in-time
Common stock cancelled for returned patent on December 31, 2013	`StockRepurchasedDuringPeriodValue`	$-70.00K	USD	Annual
Common stock to be issued pursuant to agreement dated December 31, 2013	`StockIssuedDuringPeriodValueIssuedForPursuantToAgreement`	-	USD	Annual
Net Loss	`NetIncomeLoss`	$-1.18M	USD	Annual
Net Loss	`NetIncomeLoss`	$-501.27K	USD	Annual
Ending Balance	`StockholdersEquity`	$-324.57K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-12.45K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-9.68K	USD	Point-in-time

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