10-Q Filing

APPLE ISPORTS GROUP, INC. CIK: 1134982 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001213900-16-011755`
Period End Date	20160131
Filing Date	20160321
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	pvnc-20160131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 37 Cash Flow Statement 41

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Convertible debenture - related party, debt discount	`DebtInstrumentUnamortizedDiscount`	$17.50K	USD	Point-in-time
Convertible debenture - related party, debt discount	`DebtInstrumentUnamortizedDiscount`	-	USD	Point-in-time
Convertible debenture - related party, debt discount	`DebtInstrumentUnamortizedDiscount`	$124.76K	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
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.97K	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`	$516.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total current assets	`AssetsCurrent`	$516.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total assets	`Assets`	$516.00	USD	Point-in-time
Total assets	`Assets`	-	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`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.78K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	22.34M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.07K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	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`	22.39M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.39M	shares	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$4.26K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.00	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$141.07K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.00	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.04K	USD	Point-in-time
Convertible debentures - related party, net of debt discount of $0 and $17,500, respectively	`ConvertibleSubordinatedDebtNoncurrent`	-	USD	Point-in-time
Convertible debentures - related party, net of debt discount of $0 and $17,500, respectively	`ConvertibleSubordinatedDebtNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$9.04K	USD	Point-in-time
Total liabilities	`Liabilities`	$141.07K	USD	Point-in-time
Preferred stock, $0.0001 par value, authorized 10,000,000 shares, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, authorized 10,000,000 shares, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, authorized 100,000,000 shares; 22,340,083 and 2,390,083 shares issued and 22,390,081 and 2,390,081 shares outstanding, respectively	`CommonStockValue`	$2.23K	USD	Point-in-time
Common stock, $0.0001 par value, authorized 100,000,000 shares; 22,340,083 and 2,390,083 shares issued and 22,390,081 and 2,390,081 shares outstanding, respectively	`CommonStockValue`	$239.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.63M	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`	$-4.59M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.33M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-9.04K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-140.55K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$516.00	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time

Income Statement 37 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	3 Qtrs
Revenue	`Revenues`	-	USD	3 Qtrs
Revenue	`Revenues`	-	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	-	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	-	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	3 Qtrs
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$50.26K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$30.59K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.99K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$29.63K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-29.63K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-10.99K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-30.59K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-50.26K	USD	3 Qtrs
Interest expense	`InterestExpense`	$198.28K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$202.91K	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.07K	USD	Point-in-time
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-227.91K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-253.17K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-30.59K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-10.99K	USD	1 Quarter
Loss per common share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	3 Qtrs
Loss per common share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Loss per common share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Loss per common share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	3 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`	6.37M	shares	3 Qtrs
Weighted average number of common shares outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.32M	shares	1 Quarter
Weighted average number of common shares outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.39M	shares	3 Qtrs

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Conversion of related party advance	`DebtConversionOfRelatedPartyAdvance`	$127.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-227.91K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-253.17K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-30.59K	USD	3 Qtrs
Convertible loan, related party	`ConversionLoanOfRelatedParty`	$127.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-10.99K	USD	1 Quarter
Convertible notes converted to common stock, value	`DebtConversionConvertedInstrumentAmount1`	$199.50K	USD	3 Qtrs
Convertible notes converted to common stock, shares	`DebtConversionConvertedInstrumentSharesIssued1`	19.95M	shares	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$199.50K	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-3.41K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	-	USD	3 Qtrs
Increase/(decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.29K	USD	3 Qtrs
Increase/(decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.57K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-59.54K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.02K	USD	3 Qtrs
Proceeds from related party advances	`ProceedsFromRelatedPartyDebt`	$4.26K	USD	3 Qtrs
Proceeds from related party advances	`ProceedsFromRelatedPartyDebt`	$27.00K	USD	3 Qtrs
Payments to related party	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Payments to related party	`RepaymentsOfRelatedPartyDebt`	$228.00	USD	3 Qtrs
Proceeds from convertible loans, related party	`ProceedsFromConvertibleDebt`	$55.00K	USD	3 Qtrs
Proceeds from convertible loans, related party	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$59.03K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$27.00K	USD	3 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$976.00	USD	3 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-516.00	USD	3 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.97K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.99K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$516.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.97K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.99K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$516.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Conversion of $127,000 related party advance to $127,000 convertible loan, related party	`ConversionOfRelatedPartyAdvanceToConvertibleLoanRelatedParty`	$127.00K	USD	3 Qtrs
Conversion of $127,000 related party advance to $127,000 convertible loan, related party	`ConversionOfRelatedPartyAdvanceToConvertibleLoanRelatedParty`	-	USD	3 Qtrs
Conversion of $199,500 convertible notes into 19,950,000 shares of common stock	`DebtConversionConvertedInstrumentAmount1`	$199.50K	USD	3 Qtrs

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