10-Q Filing

APPLE ISPORTS GROUP, INC. CIK: 1134982 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001213900-16-010079`
Period End Date	20151031
Filing Date	20160113
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	pvnc-20151031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 36 Cash Flow Statement 38

Balance Sheet 57 line items

Line Item	Tag	Value	Unit	Period
Convertible debenture - related party, debt discount	`DebtInstrumentUnamortizedDiscount`	$177.04K	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`	$516.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$4.43K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$7.26K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.99K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.65K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$516.00	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.65K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	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`	$1.65K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	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
Accounts payable	`AccountsPayableCurrent`	$14.07K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.39M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$829.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.39M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.39M	shares	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$127.00K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$127.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.39M	shares	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.00	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$141.07K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$829.00	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.00	shares	Point-in-time
Convertible debentures and accrued interest - related party, net of debt discount of $177,039 and $17,500, respectively	`ConvertibleSubordinatedDebtNoncurrent`	$4.64K	USD	Point-in-time
Convertible debentures and accrued interest - related party, net of debt discount of $177,039 and $17,500, respectively	`ConvertibleSubordinatedDebtNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$141.07K	USD	Point-in-time
Total liabilities	`Liabilities`	$5.47K	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, respectively	`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, respectively	`CommonStockValue`	$239.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.41M	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`	$-4.36M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.33M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-3.81K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-140.55K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.65K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$516.00	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	2 Qtrs
Revenue	`Revenues`	-	USD	2 Qtrs
Cost of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	-	USD	2 Qtrs
Cost of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.91K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$20.62K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$19.60K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.76K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-20.62K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-12.91K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-19.60K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-3.76K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.64K	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.84K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.91K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.60K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.60K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-25.26K	USD	2 Qtrs
Loss per common share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Loss per common share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Loss per common share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Loss per common share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted average number of common shares outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.39M	shares	2 Qtrs
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	2 Qtrs
Weighted average number of common shares outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.39M	shares	1 Quarter

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Conversion of related party advance	`DebtConversionOfRelatedPartyAdvance`	$127.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-12.91K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.60K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.60K	USD	2 Qtrs
Convertible loan, related party	`ConversionLoanOfRelatedParty`	$127.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-25.26K	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$2.46K	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	-	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-2.18K	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.96K	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.24K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.56K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-33.86K	USD	2 Qtrs
Proceeds from related party advances	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Proceeds from related party advances	`ProceedsFromRelatedPartyDebt`	$25.00K	USD	2 Qtrs
Proceeds from convertible loans, related party	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from convertible loans, related party	`ProceedsFromConvertibleDebt`	$35.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$25.00K	USD	2 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.44K	USD	2 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.14K	USD	2 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$516.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.43K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.26K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.99K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.65K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$516.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.43K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.26K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.99K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.65K	USD	Point-in-time
Taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Conversion of $127,000 related party advance to $127,000 convertible loan, related party	`ConversionOfRelatedPartyAdvanceToConvertibleLoanRelatedParty`	$127.00K	USD	2 Qtrs
Conversion of $127,000 related party advance to $127,000 convertible loan, related party	`ConversionOfRelatedPartyAdvanceToConvertibleLoanRelatedParty`	-	USD	2 Qtrs

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