10-Q Filing

APPLE ISPORTS GROUP, INC. CIK: 1134982 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001477932-19-007298`
Period End Date	20191031
Filing Date	20191226
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	pvnc-20191031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 24 Cash Flow Statement 27 Stockholders Equity 30

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$100.00	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$100.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other Assets	`OtherAssets`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Equity investment	`EquityInvestment`	$100.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$200.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total Assets	`Assets`	$4.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.23M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.23M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.12K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.50K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.23M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.23M	shares	Point-in-time
Treasury stock, share	`TreasuryStockShares`	1.00	shares	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$31.62K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$372.82K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$348.92K	USD	Point-in-time
Treasury stock, share	`TreasuryStockShares`	1.00	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$38.73K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$351.42K	USD	Point-in-time
Total liabilities	`Liabilities`	$38.73K	USD	Point-in-time
Total liabilities	`Liabilities`	$351.42K	USD	Point-in-time
Preferred Stock, $0.001 par value, 10,000,000 authorized none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.001 par value, 10,000,000 authorized none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, $0.001 par value, 200,000,000 authorized, 7,234,466 and 2,234,466 shares issued and 7,234,465 and 2,234,465 shares outstanding, respectively	`CommonStockValue`	$5.22K	USD	Point-in-time
Common Stock, $0.001 par value, 200,000,000 authorized, 7,234,466 and 2,234,466 shares issued and 7,234,465 and 2,234,465 shares outstanding, respectively	`CommonStockValue`	$223.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.64M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.02M	USD	Point-in-time
Treasury stock, 1 share, at cost	`TreasuryStockValue`	$-52.95K	USD	Point-in-time
Treasury stock, 1 share, at cost	`TreasuryStockValue`	$-52.95K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.94M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.01M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-372.36K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-260.41K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-38.53K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-322.18K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-291.99K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-347.42K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$4.00K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$200.00	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	2 Qtrs
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$70.08K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$39.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$30.20K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$61.77K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-61.77K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-70.08K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-39.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-30.20K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-30.20K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-39.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-70.08K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-61.77K	USD	2 Qtrs
Loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	2 Qtrs
Loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	2 Qtrs
Weighted average number of common shares outstanding : basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.21M	shares	1 Quarter
Weighted average number of common shares outstanding : basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.23M	shares	2 Qtrs
Weighted average number of common shares outstanding : basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.23M	shares	1 Quarter
Weighted average number of common shares outstanding : basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.22M	shares	2 Qtrs

Cash Flow Statement 27 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-30.20K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-39.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-70.08K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-61.77K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-6.67K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$4.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.33K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.62K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-54.11K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-61.47K	USD	2 Qtrs
Subscription for equity investment	`SubscriptionForEquityInvestment`	$-100.00	USD	2 Qtrs
Net Cash Flows Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-100.00	USD	2 Qtrs
Proceeds from advances from related parties	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$54.11K	USD	2 Qtrs
Proceeds from advances from related parties	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$55.52K	USD	2 Qtrs
Capital contribution from previous principal shareholder	`ProceedsFromContributedCapital`	-	USD	2 Qtrs
Capital contribution from previous principal shareholder	`ProceedsFromContributedCapital`	$6.15K	USD	2 Qtrs
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$54.11K	USD	2 Qtrs
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$61.67K	USD	2 Qtrs
Net change in cash	`CashPeriodIncreaseDecrease`	$100.00	USD	2 Qtrs
Net change in cash	`CashPeriodIncreaseDecrease`	-	USD	2 Qtrs
Beginning Cash	`BeginningCash`	-	USD	2 Qtrs
Ending Cash	`EndingCash`	$100.00	USD	2 Qtrs
Cash paid for interest:	`InterestPaid`	-	USD	2 Qtrs
Cash paid for interest:	`InterestPaid`	-	USD	2 Qtrs
Cash paid for tax:	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for tax:	`IncomeTaxesPaid`	-	USD	2 Qtrs
Issuance of shares in settlement of related party debt	`IssuanceOfSharesInSettlementOfRelatedPartyDebt`	$372.82K	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, amount	`StockholdersEquity`	$-372.36K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-260.41K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-38.53K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-322.18K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-291.99K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-347.42K	USD	Point-in-time
Net Income (Loss)	`ProfitLoss`	$-31.09K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-30.20K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-31.57K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-39.00K	USD	1 Quarter
Capital contributions by previous principal shareholder	`CapitalContributionsByPreviousPrincipalShareholder`	$6.15K	USD	1 Quarter
Shares issued in settlement of related party debt, Amount	`SharesIssuedInSettlementOfRelatedPartyDebtAmount`	$372.82K	USD	1 Quarter
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, amount	`StockholdersEquity`	$-372.36K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-260.41K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-38.53K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-322.18K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-291.99K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-347.42K	USD	Point-in-time

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