10-Q Filing

TREES CORP (COLORADO) CIK: 1477009 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001354488-13-006502`
Period End Date	20130930
Filing Date	20131119
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	pmap-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 25 Income Statement 15 Cash Flow Statement 23 Stockholders Equity 13

Balance Sheet 25 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$465.18K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable - related party (net of allowance for doubtful accounts)	`AccountsReceivableNetCurrent`	$8.27K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$473.45K	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`	$473.45K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$41.26K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.10M	shares	Point-in-time
Accrued payables	`AccruedLiabilitiesCurrent`	$20.52K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$61.78K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.10M	shares	Point-in-time
Total Liabilities	`Liabilities`	$61.78K	USD	Point-in-time
Preferred stock, no par value; 5,000,000 shares authorized; No shares issues & outstanding at September 30, 2013	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, no par value; 100,000,000 shares authorized; 15,097,200 shares issued and outstanding on September 30, 2013	`CommonStockValue`	$883.69K	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$472.02K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$12.40K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	-	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$411.68K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$473.45K	USD	Point-in-time

Income Statement 15 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueNet`	$455.00	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$183.00	USD	1 Quarter
Gross profit	`GrossProfit`	$272.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.14K	USD	1 Quarter
Payroll	`Payroll`	$42.20K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$256.64K	USD	1 Quarter
Office expense	`OfficeExpense`	$11.30K	USD	1 Quarter
Loss on expired option to acquire real estate	`LossOnExpiredOptionToAcquireRealEstate`	$150.00K	USD	1 Quarter
Total operating expenses	`OperatingCostsAndExpenses`	$472.29K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-472.02K	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-472.02K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-472.02K	USD	1 Quarter
Net income (loss) per share (Basic and fully diluted)	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
Weighted average number of common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.79M	shares	1 Quarter

Cash Flow Statement 23 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-472.02K	USD	1 Quarter
Loss on expired option to acquire property	`LossOnExpiredOptionToAcquireProperty`	$150.00K	USD	1 Quarter
(Increase ) / decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.73K	USD	1 Quarter
Increase / (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$23.32K	USD	1 Quarter
Increase / (decrease) in accrued payables	`IncreaseDecreaseInAccruedLiabilities`	$20.52K	USD	1 Quarter
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-271.45K	USD	1 Quarter
Cash acquired in reverse merger with Promap	`CashAcquiredInReverseMergerWithPromap`	$-1.24K	USD	1 Quarter
Purchase of option to acquire real estate	`PurchaseOfOptionToAcquireRealEstate`	$150.00K	USD	1 Quarter
Net cash provided by (used for) investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-148.76K	USD	1 Quarter
Purchase and cancellation of shares of common stock	`PurchaseAndCancellationOfSharesOfCommonStock`	$100.00K	USD	1 Quarter
Sales of common stock for cash consideration	`ProceedsFromIssuanceOrSaleOfEquity`	$985.40K	USD	1 Quarter
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$885.40K	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$465.18K	USD	1 Quarter
Cash at the Beginning of the Period	`CashAndCashEquivalentsAtCarryingValue`	$465.18K	USD	Point-in-time
Cash at the Beginning of the Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash at the Beginning of the Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash at the End of the Period	`CashAndCashEquivalentsAtCarryingValue`	$465.18K	USD	Point-in-time
Cash at the End of the Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash at the End of the Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Accounts receivable acquired in reverse merger with Promap	`AccountsReceivableAcquiredInReverseMergerWithPromap`	$15.10K	USD	1 Quarter
Accounts payable acquired in reverse merger with Promap	`AccountsPayableAcquiredInReverseMergerWithPromap`	$-18.04K	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$12.40K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	-	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$411.68K	USD	Point-in-time
Common stock issued for cash at $0.001 per share, June 30, 2013, Amount	`CommonStockIssuedForCashAt0.0001PerShareJune302013Amount`	$12.40K	USD	1 Quarter
Common stock issued for cash at $0.001 per share, June 30, 2013, Amount	`CommonStockIssuedForCashAt0.0001PerShareJune302013Amount`	$12.40K	USD	Point-in-time
Common stock Issued for cash at $1.00 per share, July 11 through August 8, 2013, Amount	`CommonStockIssuedForCashAt1.00PerShareJuly11ThroughAugust82013Amount`	$707.00K	USD	1 Quarter
Recapitalization on August 14, 2013, Amount	`RecapitalizationOnAugust142013Amount`	$-1.71K	USD	1 Quarter
Purchase and cancellation of shares of common stock on August 14, 2013, Amount	`PurchaseAndCancellationOfSharesOfCommonStockOnAugust142013Amount`	$-100.00K	USD	1 Quarter
Common stock issued for cash at $1.00 per share, August 14 through September 19, 2013, Amount	`CommonStockIssuedForCashAt1.00PerShareAugust14ThroughSeptember192013Amount`	$266.00K	USD	1 Quarter
Net loss for the three months ended September 30, 2013	`NetIncomeLoss`	$-472.02K	USD	1 Quarter
Ending Balance, Amount	`StockholdersEquity`	$12.40K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	-	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$411.68K	USD	Point-in-time

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