10-K Filing

GLOBAL AI, INC. CIK: 1473490 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0001493152-17-015273`
Period End Date	20170930
Filing Date	20171229
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	wsco-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 36 Cash Flow Statement 36 Stockholders Equity 8

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
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`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$4.56K	USD	Point-in-time
Cash	`Cash`	$422.00	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$857.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$10.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$422.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$14.56K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$578.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.92M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.92M	shares	Point-in-time
Total Assets	`Assets`	$422.00	USD	Point-in-time
Total Assets	`Assets`	$15.14K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.92M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.92M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$8.73K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.83K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$4.84K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$959.00	USD	Point-in-time
Notes payable -related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$105.29K	USD	Point-in-time
Notes payable -related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$93.79K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$113.96K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$103.48K	USD	Point-in-time
Total Liabilities	`Liabilities`	$103.48K	USD	Point-in-time
Total Liabilities	`Liabilities`	$113.96K	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 195,000,000 shares authorized; 26,922,007 issued and outstanding at September 30, 2017 and 2016	`CommonStockValue`	$26.92K	USD	Point-in-time
Common stock, $0.001 par value; 195,000,000 shares authorized; 26,922,007 issued and outstanding at September 30, 2017 and 2016	`CommonStockValue`	$26.92K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.43M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-103.06K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-98.82K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-65.54K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$422.00	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$15.14K	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Consulting fees related party	`ConsultingFeesRelatedParty`	$57.50K	USD	Annual
Consulting fees related party	`ConsultingFeesRelatedParty`	$40.80K	USD	Annual
Consulting fees- other	`ConsultingFeesOther`	-	USD	Annual
Consulting fees- other	`ConsultingFeesOther`	$10.00K	USD	Annual
Total Revenues	`Revenues`	$40.80K	USD	Annual
Total Revenues	`Revenues`	$67.50K	USD	Annual
Programming and development	`TechnologyServicesCosts`	$1.17K	USD	Annual
Programming and development	`TechnologyServicesCosts`	$550.00	USD	Annual
Office and administrative	`GeneralAndAdministrativeExpense`	$15.46K	USD	Annual
Office and administrative	`GeneralAndAdministrativeExpense`	$15.82K	USD	Annual
Domain names	`LicenseCosts`	$18.00	USD	Annual
Domain names	`LicenseCosts`	-	USD	Annual
Professional fees	`ProfessionalFees`	$72.97K	USD	Annual
Professional fees	`ProfessionalFees`	$58.89K	USD	Annual
Salaries	`SalariesWagesAndOfficersCompensation`	$2.00K	USD	Annual
Salaries	`SalariesWagesAndOfficersCompensation`	-	USD	Annual
Rent	`LeaseAndRentalExpense`	$3.18K	USD	Annual
Rent	`LeaseAndRentalExpense`	$4.49K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$79.38K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$95.15K	USD	Annual
Loss From Operations	`OperatingIncomeLoss`	$-11.88K	USD	Annual
Loss From Operations	`OperatingIncomeLoss`	$-54.35K	USD	Annual
Interest income	`InterestIncomeOther`	-	USD	Annual
Interest income	`InterestIncomeOther`	$-125.00	USD	Annual
Other income	`OtherIncome`	$-20.00K	USD	Annual
Other income	`OtherIncome`	$-20.00K	USD	Annual
Interest expense	`InterestExpenseOther`	$-3.88K	USD	Annual
Interest expense	`InterestExpenseOther`	$-3.30K	USD	Annual
Total Other (Income) Expense	`NonoperatingIncomeExpense`	$-16.83K	USD	Annual
Total Other (Income) Expense	`NonoperatingIncomeExpense`	$-16.12K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-37.52K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$4.23K	USD	Annual
Net income (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Net income (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Weighted average number of common shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.92M	shares	Annual
Weighted average number of common shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.92M	shares	Annual

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-37.52K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$4.23K	USD	Annual
Deferred income	`AmortizationOfDeferredIncome`	$-20.00K	USD	Annual
Deferred income	`AmortizationOfDeferredIncome`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	Annual
Deposits	`IncreaseDecreaseInDeposits`	$-578.00	USD	Annual
Deposits	`IncreaseDecreaseInDeposits`	-	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.24K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.90K	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$3.88K	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$959.00	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.36K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-50.33K	USD	Annual
Proceeds from non-refundable fee for letter of intent	`ProceedsFromNonrefundableFeeForLetterOfIntent`	-	USD	Annual
Proceeds from non-refundable fee for letter of intent	`ProceedsFromNonrefundableFeeForLetterOfIntent`	$20.00K	USD	Annual
Proceeds from issuance of notes payable-related parties	`ProceedsFromNotesPayable`	$29.89K	USD	Annual
Proceeds from issuance of notes payable-related parties	`ProceedsFromNotesPayable`	$11.50K	USD	Annual
Proceeds from issuance of notes payable-related parties	`ProceedsFromNotesPayable`	$20.00K	USD	Point-in-time
Proceeds from issuance of notes payable-related parties	`ProceedsFromNotesPayable`	$20.00K	USD	Point-in-time
Proceeds from issuance of notes payable-related parties	`ProceedsFromNotesPayable`	$10.00K	USD	Point-in-time
Proceeds from issuance of notes payable-related parties	`ProceedsFromNotesPayable`	$10.00K	USD	Point-in-time
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$49.89K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$11.50K	USD	Annual
Increase (decrease) in cash during the year	`CashPeriodIncreaseDecrease`	$4.14K	USD	Annual
Increase (decrease) in cash during the year	`CashPeriodIncreaseDecrease`	$-435.00	USD	Annual
Cash, beginning of year	`Cash`	$4.56K	USD	Point-in-time
Cash, beginning of year	`Cash`	$422.00	USD	Point-in-time
Cash, beginning of year	`Cash`	$857.00	USD	Point-in-time
Cash, end of year	`Cash`	$4.56K	USD	Point-in-time
Cash, end of year	`Cash`	$422.00	USD	Point-in-time
Cash, end of year	`Cash`	$857.00	USD	Point-in-time
Interest paid in cash	`InterestPaidNet`	-	USD	Annual
Interest paid in cash	`InterestPaidNet`	-	USD	Annual
Taxes paid in cash	`IncomeTaxesPaidNet`	-	USD	Annual
Taxes paid in cash	`IncomeTaxesPaidNet`	-	USD	Annual

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-103.06K	USD	Point-in-time
Balance	`StockholdersEquity`	$-98.82K	USD	Point-in-time
Balance	`StockholdersEquity`	$-65.54K	USD	Point-in-time
Net income loss	`NetIncomeLoss`	$-37.52K	USD	Annual
Net income loss	`NetIncomeLoss`	$4.23K	USD	Annual
Balance	`StockholdersEquity`	$-103.06K	USD	Point-in-time
Balance	`StockholdersEquity`	$-98.82K	USD	Point-in-time
Balance	`StockholdersEquity`	$-65.54K	USD	Point-in-time

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