10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001554795-13-000440`
Period End Date	20130630
Filing Date	20130812
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	pgec-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 53 Cash Flow Statement 60

Balance Sheet 48 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, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`Cash`	$1.01K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$93.00	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$93.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.01K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$1.01K	USD	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, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.58K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$300.00	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$23.50K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$14.40K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$35.20K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$30.15K	USD	Point-in-time
Loan payable - related party	`LoansPayableCurrent`	$121.46K	USD	Point-in-time
Loan payable - related party	`LoansPayableCurrent`	$129.46K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$188.47K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$168.59K	USD	Point-in-time
Total Liabilities	`Liabilities`	$168.59K	USD	Point-in-time
Total Liabilities	`Liabilities`	$188.47K	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 June 30, 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 June 30, 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 deficit prior to re-activation	`RetainedEarningsAccumulatedDeficit`	$-383.75K	USD	Point-in-time
Accumulated deficit prior to re-activation	`RetainedEarningsAccumulatedDeficit`	$-383.75K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$353.92K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$334.95K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-168.50K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-187.46K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.01K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$93.00	USD	Point-in-time

Income Statement 53 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	28 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$13.90K	USD	2 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$315.96K	USD	28 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$10.17K	USD	2 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$6.34K	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$5.91K	USD	1 Quarter
Loss from Operations	`OperatingExpenses`	$6.34K	USD	1 Quarter
Loss from Operations	`OperatingExpenses`	$315.96K	USD	28 Qtrs
Loss from Operations	`OperatingExpenses`	$13.90K	USD	2 Qtrs
Loss from Operations	`OperatingExpenses`	$10.17K	USD	2 Qtrs
Loss from Operations	`OperatingExpenses`	$5.91K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$5.06K	USD	2 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$2.36K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$2.57K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$4.63K	USD	2 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$38.47K	USD	28 Qtrs
Related party interest income	`InterestIncomeOperating`	-	USD	1 Quarter
Related party interest income	`InterestIncomeOperating`	$506.00	USD	28 Qtrs
Related party interest income	`InterestIncomeOperating`	-	USD	1 Quarter
Related party interest income	`InterestIncomeOperating`	-	USD	2 Qtrs
Related party interest income	`InterestIncomeOperating`	-	USD	2 Qtrs
Total non-operating expense	`NonoperatingIncomeExpense`	$-37.96K	USD	28 Qtrs
Total non-operating expense	`NonoperatingIncomeExpense`	$-2.36K	USD	1 Quarter
Total non-operating expense	`NonoperatingIncomeExpense`	$-4.63K	USD	2 Qtrs
Total non-operating expense	`NonoperatingIncomeExpense`	$-5.06K	USD	2 Qtrs
Total non-operating expense	`NonoperatingIncomeExpense`	$-2.57K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-14.80K	USD	2 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-8.70K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-353.92K	USD	28 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-8.48K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-18.96K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxes`	-	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	-	USD	28 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxes`	-	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-353.92K	USD	28 Qtrs
Net Loss	`NetIncomeLoss`	$-14.80K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-8.70K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.48K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-18.96K	USD	2 Qtrs
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
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	2 Qtrs
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.53M	shares	2 Qtrs
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.53M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-353.92K	USD	28 Qtrs
Net Loss	`NetIncomeLoss`	$-14.80K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-8.70K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.48K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-18.96K	USD	2 Qtrs
Imputed related party interest expense	`IncreaseDecreaseInOtherAccruedLiabilities`	$635.00	USD	28 Qtrs
Imputed related party interest expense	`IncreaseDecreaseInOtherAccruedLiabilities`	-	USD	2 Qtrs
Imputed related party interest expense	`IncreaseDecreaseInOtherAccruedLiabilities`	-	USD	2 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	2 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$155.60K	USD	28 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	2 Qtrs
Corporate expenses paid by stockholder	`IncreaseDecreaseInDueToRelatedParties`	$55.14K	USD	28 Qtrs
Corporate expenses paid by stockholder	`IncreaseDecreaseInDueToRelatedParties`	-	USD	2 Qtrs
Corporate expenses paid by stockholder	`IncreaseDecreaseInDueToRelatedParties`	-	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$25.29K	USD	28 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.96K	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.82K	USD	2 Qtrs
Increase in accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$4.63K	USD	2 Qtrs
Increase in accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$35.20K	USD	28 Qtrs
Increase in accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$5.06K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.21K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-82.04K	USD	28 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.08K	USD	2 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$8.50K	USD	2 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$74.32K	USD	28 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$8.00K	USD	2 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$12.00K	USD	28 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	28 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	-	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$-4.27K	USD	28 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.50K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$83.05K	USD	28 Qtrs
Net Increase (Decrease) in Cash	`CashPeriodIncreaseDecrease`	$1.01K	USD	28 Qtrs
Net Increase (Decrease) in Cash	`CashPeriodIncreaseDecrease`	$916.00	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashPeriodIncreaseDecrease`	$1.29K	USD	2 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$71.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$93.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.36K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.01K	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`	$1.36K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.01K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash paid for Interest expense	`InterestPaid`	-	USD	28 Qtrs
Cash paid for Interest expense	`InterestPaid`	-	USD	2 Qtrs
Cash paid for Interest expense	`InterestPaid`	-	USD	2 Qtrs
Cash paid for Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for Income taxes	`IncomeTaxesPaid`	-	USD	28 Qtrs
Forgiveness of debt by stockholder	`DebtInstrumentDecreaseForgiveness`	$6.65K	USD	28 Qtrs
Forgiveness of debt by stockholder	`DebtInstrumentDecreaseForgiveness`	-	USD	2 Qtrs
Forgiveness of debt by stockholder	`DebtInstrumentDecreaseForgiveness`	-	USD	2 Qtrs

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