10-K Filing

XFUELS, INC. CIK: 1518548 FY 2015

Filing Information

Form Type	10-K
Accession Number	`0001477932-15-006863`
Period End Date	20150430
Filing Date	20151112
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	amzz-20150430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 28 Cash Flow Statement 46 Stockholders Equity 23

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
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`	1.50B	shares	Point-in-time
Cash	`Cash`	$13.45K	USD	Point-in-time
Cash	`Cash`	$27.88K	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	632.53M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$150.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	215.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$163.45K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$27.88K	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	215.00M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	632.53M	shares	Point-in-time
Computer equipment, net	`CapitalizedComputerSoftwareNet`	$2.00K	USD	Point-in-time
Computer equipment, net	`CapitalizedComputerSoftwareNet`	$2.00K	USD	Point-in-time
Total fixed assets	`AssetsNoncurrent`	$2.00K	USD	Point-in-time
Total fixed assets	`AssetsNoncurrent`	$2.00K	USD	Point-in-time
Total assets	`Assets`	$165.45K	USD	Point-in-time
Total assets	`Assets`	$29.88K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$17.19K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$3.44K	USD	Point-in-time
Accrued Interest payable	`AccruedLiabilitiesCurrent`	$152.10K	USD	Point-in-time
Accrued Interest payable	`AccruedLiabilitiesCurrent`	$30.63K	USD	Point-in-time
Convertible debentures net of discount	`ConvertibleDebenturesNetOfDiscountCurrent`	$396.98K	USD	Point-in-time
Convertible debentures net of discount	`ConvertibleDebenturesNetOfDiscountCurrent`	$549.75K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$719.04K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$431.04K	USD	Point-in-time
Common stock, $0.0001 par value, 1,500,000,000 authorized, 632,528,649 shares issued and outstanding at April 30, 2015 and 215,000,000 at April 30, 2014 respectively.	`CommonStockValue`	$63.25K	USD	Point-in-time
Common stock, $0.0001 par value, 1,500,000,000 authorized, 632,528,649 shares issued and outstanding at April 30, 2015 and 215,000,000 at April 30, 2014 respectively.	`CommonStockValue`	$215.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$-142.34K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$714.16K	USD	Point-in-time
Deficit accumulated during exploration stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$338.24K	USD	Point-in-time
Deficit accumulated during exploration stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$1.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-689.16K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$990.00	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-30.39K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.46K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-265.59K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$29.88K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$165.45K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	Annual
Revenue	`Revenues`	-	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$348.00K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$131.43K	USD	Annual
Loan fees	`LoanProcessingFee`	$284.05K	USD	Annual
Loan fees	`LoanProcessingFee`	-	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$50.00K	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$50.00K	USD	Annual
Amortization expense	`AmortizationExpense`	$29.04K	USD	Annual
Amortization expense	`AmortizationExpense`	-	USD	Annual
Professional fees	`ProfessionalFees`	$33.35K	USD	Annual
Professional fees	`ProfessionalFees`	$68.11K	USD	Annual
Total operating expenses	`OperatingExpenses`	$243.82K	USD	Annual
Total operating expenses	`OperatingExpenses`	$750.15K	USD	Annual
Loss from operations	`IncomeLossFromContinuingOperations`	$-243.82K	USD	Annual
Loss from operations	`IncomeLossFromContinuingOperations`	$-750.15K	USD	Annual
Interest expense	`InterestExpenseOther`	$40.23K	USD	Annual
Interest expense	`InterestExpenseOther`	$378.17K	USD	Annual
Total other expenses	`OtherExpenses`	$40.23K	USD	Annual
Total other expenses	`OtherExpenses`	$378.17K	USD	Annual
Provision for taxes on income	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for taxes on income	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-1.13M	USD	Annual
Net loss	`NetIncomeLoss`	$-284.06K	USD	Annual
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	632.53M	shares	Annual
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	215.00M	shares	Annual
Net loss per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	Annual
Net loss per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.01	USD	Annual

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$-1.13M	USD	Annual
Net income	`ProfitLoss`	$-284.06K	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
(Increase)/decrease in prepaids	`IncreaseDecreaseInPrepaidExpense`	$150.00K	USD	Annual
(Increase)/decrease in prepaids	`IncreaseDecreaseInPrepaidExpense`	$-150.00K	USD	Annual
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.04K	USD	Annual
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.76K	USD	Annual
Accrued Interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$30.63K	USD	Annual
Accrued Interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$121.48K	USD	Annual
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-843.09K	USD	Annual
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-400.39K	USD	Annual
Purchase of fixed assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$-2.00K	USD	Annual
Purchase of fixed assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	Annual
Net cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.00K	USD	Annual
Net cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$48.85K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$704.75K	USD	Annual
Loans, related party	`RelatedPartyTransactionPurchasesFromRelatedParty`	-	USD	Annual
Loans, related party	`RelatedPartyTransactionPurchasesFromRelatedParty`	$-29.99K	USD	Annual
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$152.76K	USD	Annual
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$396.98K	USD	Annual
Net cash flows from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$857.52K	USD	Annual
Net cash flows from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$415.85K	USD	Annual
Net cash flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.45K	USD	Annual
Net cash flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$857.52K	USD	Annual
Net increase in cash for the period	`CashPeriodIncreaseDecrease`	-	USD	Annual
Net increase in cash for the period	`CashPeriodIncreaseDecrease`	$14.43K	USD	Annual
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	$13.45K	USD	Point-in-time
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	$27.88K	USD	Point-in-time
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	$13.45K	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	$27.88K	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest	`InterestPaid`	-	USD	Annual
Interest	`InterestPaid`	-	USD	Annual
Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Stock issued to acquire assets	`StockIssuedToAcquireAssets`	-	USD	Annual
Stock issued to acquire assets	`StockIssuedToAcquireAssets`	-	USD	Annual
Shares issued to settle interest expense	`SharesIssuedToSettleInterestExpense`	-	USD	Annual
Shares issued to settle interest expense	`SharesIssuedToSettleInterestExpense`	-	USD	Annual
Shares issued to settle convertible notes	`SharesIssuedToSettleConvertibleNotes`	$417.53M	USD	Annual
Shares issued to settle convertible notes	`SharesIssuedToSettleConvertibleNotes`	-	USD	Annual
Interest expense accrued but not paid for in cash	`InterestExpenseAccruedButNotPaidForInCash`	-	USD	Annual
Interest expense accrued but not paid for in cash	`InterestExpenseAccruedButNotPaidForInCash`	-	USD	Annual

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$-689.16K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$990.00	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-30.39K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$2.46K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$3.00K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-265.59K	USD	Point-in-time
Shares Issued, Amount	`SharesIssuedAmount`	$20.80K	USD	Annual
Adjustment for the change in par value, Amount	`AdjustmentForChangeInParValueAmount`	-	USD	Annual
Loans converted to common shares, Amount	`LoansConvertedToCommonSharesAmount`	$704.75K	USD	Annual
Terminated shares, Amount	`TerminatedSharesAmount`	-	USD	Annual
Shareholder loans forgiven and converted to additional to additional paid in capital	`ShareholderLoansForgivenAndConvertedToAdditionalToAdditionalPaidInCapital`	$32.19K	USD	Annual
Debt discount on convertible notes	`DebtDiscountOnConvertibleNotes`	$16.67K	USD	Annual
Net loss	`NetLoss`	$-32.85K	USD	Annual
Net loss	`NetLoss`	$-19.33K	USD	Annual
Net loss	`NetLoss`	$-284.06K	USD	Annual
Net loss	`NetLoss`	$-2.01K	USD	Annual
Net loss	`NetLoss`	$-1.13M	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$-689.16K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$990.00	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-30.39K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$2.46K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$3.00K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-265.59K	USD	Point-in-time

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