10-Q Filing

APPLE ISPORTS GROUP, INC. CIK: 1134982 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001213900-15-008672`
Period End Date	20150731
Filing Date	20151116
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	pvnc-20150731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 17 Cash Flow Statement 29

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Convertible debenture - related party, debt discount	`DebtInstrumentUnamortizedDiscount`	$16.99K	USD	Point-in-time
Convertible debenture - related party, debt discount	`DebtInstrumentUnamortizedDiscount`	$17.50K	USD	Point-in-time
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`	10.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.99K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$7.26K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$516.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$516.00	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$516.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$516.00	USD	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
Total assets	`Assets`	$516.00	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$516.00	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`	10.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.39M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.93K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.39M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.07K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.39M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.39M	shares	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$127.29K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$127.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$158.22K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.00	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$141.07K	USD	Point-in-time
Convertible debenture - related party, net of debt discount of $16,993 and $17,500, respectively	`ConvertibleSubordinatedDebtNoncurrent`	-	USD	Point-in-time
Convertible debenture - related party, net of debt discount of $16,993 and $17,500, respectively	`ConvertibleSubordinatedDebtNoncurrent`	$507.00	USD	Point-in-time
Total liabilities	`Liabilities`	$158.73K	USD	Point-in-time
Total liabilities	`Liabilities`	$141.07K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, authorized 10,000,000 shares, zero issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, authorized 10,000,000 shares, zero issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, authorized 100,000,000 shares; 2,390,083 shares issued and 2,390,081 shares outstanding	`CommonStockValue`	$239.00	USD	Point-in-time
Common stock, $0.0001 par value, authorized 100,000,000 shares; 2,390,083 shares issued and 2,390,081 shares outstanding	`CommonStockValue`	$239.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.25M	USD	Point-in-time
Treasury stock, 2 shares, at cost	`TreasuryStockValue`	$52.95K	USD	Point-in-time
Treasury stock, 2 shares, at cost	`TreasuryStockValue`	$52.95K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.33M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.35M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-140.55K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-158.21K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$516.00	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$516.00	USD	Point-in-time

Income Statement 17 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.70K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.86K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-6.70K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-16.86K	USD	1 Quarter
Interest expense	`InterestExpense`	$795.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-17.66K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.70K	USD	1 Quarter
Loss per common share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Loss per common share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.39M	shares	1 Quarter
Weighted average number of common shares outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.39M	shares	1 Quarter

Cash Flow Statement 29 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-17.66K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.70K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$507.00	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-288.00	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-8.03K	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.86K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.73K	USD	1 Quarter
Proceeds from related party advances	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Proceeds from related party advances	`ProceedsFromRelatedPartyDebt`	$20.00K	USD	1 Quarter
Repayment of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Repayment of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$20.00K	USD	1 Quarter
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.27K	USD	1 Quarter
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.99K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.26K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$516.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$516.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.99K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.26K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$516.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$516.00	USD	Point-in-time
Taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Interest paid	`InterestPaid`	-	USD	1 Quarter
Interest paid	`InterestPaid`	-	USD	1 Quarter

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