10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001554795-13-000266`
Period End Date	20130331
Filing Date	20130509
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	pgec-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 31 Cash Flow Statement 58

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Preferred stock; par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock; par value	`PreferredStockParOrStatedValuePerShare`	-	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
Cash	`CashAndCashEquivalentsAtCarryingValue`	$71.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$93.00	USD	Point-in-time
Preferred stock; shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$129.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$326.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock; shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$93.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$129.00	USD	Point-in-time
Preferred stock; shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock; shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Assets	`Assets`	$93.00	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
Total Assets	`Assets`	$129.00	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
Common stock; shares issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Common stock; shares issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Common stock; shares outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Common stock; shares outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$2.58K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$111.00	USD	Point-in-time
Accounts Payable - related party	`AccountsPayableRelatedPartiesCurrent`	$18.90K	USD	Point-in-time
Accounts Payable - related party	`AccountsPayableRelatedPartiesCurrent`	$14.40K	USD	Point-in-time
Accrued Interest	`AccruedLiabilitiesAndOtherLiabilities`	$32.63K	USD	Point-in-time
Accrued Interest	`AccruedLiabilitiesAndOtherLiabilities`	$30.15K	USD	Point-in-time
Loan Payable - related party	`DueToRelatedPartiesCurrent`	$121.46K	USD	Point-in-time
Loan Payable - related party	`DueToRelatedPartiesCurrent`	$127.46K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$179.10K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$168.59K	USD	Point-in-time
Total Liabilities	`Liabilities`	$179.10K	USD	Point-in-time
Total Liabilities	`Liabilities`	$168.59K	USD	Point-in-time
Preferred stock - 10,000,000 shares authorized - None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - 10,000,000 shares authorized - None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common Stock - 100,000,000 shares authorized having a par value of $0.001 per share, 2,532,200 shares issued and outstanding at March 31, 2013 and December 31, 2012	`CommonStockValue`	$2.53K	USD	Point-in-time
Common Stock - 100,000,000 shares authorized having a par value of $0.001 per share, 2,532,200 shares issued and outstanding at March 31, 2013 and December 31, 2012	`CommonStockValue`	$2.53K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$547.68K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$547.68K	USD	Point-in-time
Accumulated Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-383.75K	USD	Point-in-time
Accumulated Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-383.75K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$345.43K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$334.95K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-168.50K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-178.97K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$129.00	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$93.00	USD	Point-in-time

Income Statement 31 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	27 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$-8.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$-310.05K	USD	27 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$-3.83K	USD	1 Quarter
Loss from Operations	`IncomeLossFromContinuingOperations`	$3.83K	USD	1 Quarter
Loss from Operations	`IncomeLossFromContinuingOperations`	$8.00K	USD	1 Quarter
Loss from Operations	`IncomeLossFromContinuingOperations`	$310.05K	USD	27 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$-2.48K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$-35.89K	USD	27 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$-2.27K	USD	1 Quarter
Related party interest income	`InterestAndOtherIncome`	-	USD	1 Quarter
Related party interest income	`InterestAndOtherIncome`	$-506.00	USD	27 Qtrs
Related party interest income	`InterestAndOtherIncome`	-	USD	1 Quarter
Total non-operating expense	`OtherExpenses`	$-2.48K	USD	1 Quarter
Total non-operating expense	`OtherExpenses`	$-2.27K	USD	1 Quarter
Total non-operating expense	`OtherExpenses`	$-35.39K	USD	27 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-345.43K	USD	27 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-6.10K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-10.48K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	27 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-345.43K	USD	27 Qtrs
Net Loss	`NetIncomeLoss`	$-6.10K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-10.48K	USD	1 Quarter
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.53M	shares	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.53M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-345.43K	USD	27 Qtrs
Net Loss	`NetIncomeLoss`	$-6.10K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-10.48K	USD	1 Quarter
Imputed related party interest expense	`InterestExpense`	-	USD	1 Quarter
Imputed related party interest expense	`InterestExpense`	$635.00	USD	27 Qtrs
Imputed related party interest expense	`InterestExpense`	-	USD	1 Quarter
Common stock issued for services	`ShareBasedCompensation`	-	USD	1 Quarter
Common stock issued for services	`ShareBasedCompensation`	-	USD	1 Quarter
Common stock issued for services	`ShareBasedCompensation`	$155.60K	USD	27 Qtrs
Corporate expenses paid by shareholder	`OtherGeneralExpense`	-	USD	1 Quarter
Corporate expenses paid by shareholder	`OtherGeneralExpense`	$55.14K	USD	27 Qtrs
Corporate expenses paid by shareholder	`OtherGeneralExpense`	-	USD	1 Quarter
Increase (decrease) in accounts payable - related party	`IncreaseDecreaseInAccountsPayable`	$20.50K	USD	27 Qtrs
Increase (decrease) in accounts payable - related party	`IncreaseDecreaseInAccountsPayable`	$2.03K	USD	1 Quarter
Increase (decrease) in accounts payable - related party	`IncreaseDecreaseInAccountsPayable`	$1.59K	USD	1 Quarter
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$2.27K	USD	1 Quarter
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$2.48K	USD	1 Quarter
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$32.63K	USD	27 Qtrs
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.25K	USD	1 Quarter
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.96K	USD	1 Quarter
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-80.92K	USD	27 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$72.32K	USD	27 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$2.50K	USD	1 Quarter
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$6.00K	USD	1 Quarter
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$12.00K	USD	27 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	27 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.27K	USD	27 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.50K	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$6.00K	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$81.05K	USD	27 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$129.00	USD	27 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$255.00	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$36.00	USD	1 Quarter
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$71.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$93.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$129.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$326.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$71.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$93.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$129.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$326.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest expense	`InterestPaid`	-	USD	1 Quarter
Interest expense	`InterestPaid`	-	USD	1 Quarter
Interest expense	`InterestPaid`	-	USD	27 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	27 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Forgiveness of debt by shareholder	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	-	USD	1 Quarter
Forgiveness of debt by shareholder	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	$6.65K	USD	27 Qtrs
Forgiveness of debt by shareholder	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	-	USD	1 Quarter

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