10-K Filing

PRESTIGE CAPITAL CORP CIK: 790179 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001554795-14-000130`
Period End Date	20131231
Filing Date	20140227
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	pgec-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 34 Cash Flow Statement 59 Stockholders Equity 10

Balance Sheet 52 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	`CashAndCashEquivalentsAtCarryingValue`	$3.05K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$93.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$71.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	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`	$3.05K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	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`	$93.00	USD	Point-in-time
Total Assets	`Assets`	$3.05K	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
Common stock, outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$2.58K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts Payable - related party	`AccountsPayableRelatedPartiesCurrent`	$32.60K	USD	Point-in-time
Accounts Payable - related party	`AccountsPayableRelatedPartiesCurrent`	$14.40K	USD	Point-in-time
Accrued Interest	`AccruedLiabilitiesAndOtherLiabilities`	$40.59K	USD	Point-in-time
Accrued Interest	`AccruedLiabilitiesAndOtherLiabilities`	$30.15K	USD	Point-in-time
Loan Payable - related party	`DueToRelatedPartiesCurrent`	$129.46K	USD	Point-in-time
Loan Payable - related party	`DueToRelatedPartiesCurrent`	$121.46K	USD	Point-in-time
Loan payable - other	`OtherLoansPayable`	-	USD	Point-in-time
Loan payable - other	`OtherLoansPayable`	$5.50K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$168.59K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$208.16K	USD	Point-in-time
Total Liabilities	`Liabilities`	$208.16K	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 December 31, 2013 and 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 December 31, 2013 and 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`	$334.95K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$371.56K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-168.50K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-205.10K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$93.00	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$3.05K	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	30 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$26.16K	USD	Annual
General and Administrative	`GeneralAndAdministrativeExpense`	$328.21K	USD	30 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$23.62K	USD	Annual
Loss from Operations	`OperatingExpenses`	$23.62K	USD	Annual
Loss from Operations	`OperatingExpenses`	$328.21K	USD	30 Qtrs
Loss from Operations	`OperatingExpenses`	$26.16K	USD	Annual
Related party interest expense	`InterestExpenseRelatedParty`	$9.53K	USD	Annual
Related party interest expense	`InterestExpenseRelatedParty`	$10.24K	USD	Annual
Related party interest expense	`InterestExpenseRelatedParty`	$43.65K	USD	30 Qtrs
Other interest expense	`InterestExpenseOther`	-	USD	Annual
Other interest expense	`InterestExpenseOther`	$211.00	USD	30 Qtrs
Other interest expense	`InterestExpenseOther`	$212.00	USD	Annual
Related party interest income	`InterestIncomeOperating`	$506.00	USD	30 Qtrs
Related party interest income	`InterestIncomeOperating`	-	USD	Annual
Related party interest income	`InterestIncomeOperating`	-	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-43.35K	USD	30 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-9.53K	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-10.45K	USD	Annual
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-33.15K	USD	Annual
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-371.56K	USD	30 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-36.61K	USD	Annual
Income taxes	`IncreaseDecreaseInIncomeTaxes`	-	USD	Annual
Income taxes	`IncreaseDecreaseInIncomeTaxes`	-	USD	30 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	-	USD	Annual
Net Loss	`NetIncomeLoss`	$-371.56K	USD	30 Qtrs
Net Loss	`NetIncomeLoss`	$-33.15K	USD	Annual
Net Loss	`NetIncomeLoss`	$-36.61K	USD	Annual
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.53M	shares	Annual
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.53M	shares	Annual

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-371.56K	USD	30 Qtrs
Net Loss	`NetIncomeLoss`	$-33.15K	USD	Annual
Net Loss	`NetIncomeLoss`	$-36.61K	USD	Annual
Imputed related party interest expense	`IncreaseDecreaseInOtherAccruedLiabilities`	-	USD	Annual
Imputed related party interest expense	`IncreaseDecreaseInOtherAccruedLiabilities`	$635.00	USD	30 Qtrs
Imputed related party interest expense	`IncreaseDecreaseInOtherAccruedLiabilities`	-	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$155.60K	USD	30 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	Annual
Corporate expenses paid by stockholder	`IncreaseDecreaseInDueToRelatedParties`	$55.14K	USD	30 Qtrs
Corporate expenses paid by stockholder	`IncreaseDecreaseInDueToRelatedParties`	-	USD	Annual
Corporate expenses paid by stockholder	`IncreaseDecreaseInDueToRelatedParties`	-	USD	Annual
Increase in accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$34.09K	USD	30 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$15.14K	USD	Annual
Increase in accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$15.62K	USD	Annual
Increase in accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$9.53K	USD	Annual
Increase in accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$40.59K	USD	30 Qtrs
Increase in accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$10.45K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.48K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-85.50K	USD	30 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.54K	USD	Annual
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$8.00K	USD	Annual
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$8.50K	USD	Annual
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$74.32K	USD	30 Qtrs
Proceeds from other loans	`ProceedsFromSaleOfOtherLoansHeldForSale`	-	USD	Annual
Proceeds from other loans	`ProceedsFromSaleOfOtherLoansHeldForSale`	$5.50K	USD	Annual
Proceeds from other loans	`ProceedsFromSaleOfOtherLoansHeldForSale`	$5.50K	USD	30 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$12.00K	USD	30 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	30 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	-	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$-4.27K	USD	30 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.50K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$88.55K	USD	30 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.50K	USD	Annual
Net Increase (Decrease) in Cash	`CashPeriodIncreaseDecrease`	$2.96K	USD	Annual
Net Increase (Decrease) in Cash	`CashPeriodIncreaseDecrease`	$22.00	USD	Annual
Net Increase (Decrease) in Cash	`CashPeriodIncreaseDecrease`	$3.05K	USD	30 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$3.05K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$93.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$71.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$3.05K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$93.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$71.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash paid for Interest expense	`InterestPaid`	-	USD	30 Qtrs
Cash paid for Interest expense	`InterestPaid`	-	USD	Annual
Cash paid for Interest expense	`InterestPaid`	-	USD	Annual
Cash paid for Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for Income taxes	`IncomeTaxesPaid`	-	USD	30 Qtrs
Forgiveness of debt by stockholder	`DebtInstrumentDecreaseForgiveness`	$6.65K	USD	30 Qtrs
Forgiveness of debt by stockholder	`DebtInstrumentDecreaseForgiveness`	-	USD	Annual
Forgiveness of debt by stockholder	`DebtInstrumentDecreaseForgiveness`	-	USD	Annual

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, Amount	`StockholdersEquity`	$-168.50K	USD	Point-in-time
Beginning balance, Amount	`StockholdersEquity`	$-205.10K	USD	Point-in-time
Issuance of common stock for services at $0.52 per share, March 2011, Amount	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	Annual
Issuance of common stock for services at $0.52 per share, March 2011, Amount	`StockIssuedDuringPeriodValueIssuedForServices`	$155.60K	USD	30 Qtrs
Issuance of common stock for services at $0.52 per share, March 2011, Amount	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-371.56K	USD	30 Qtrs
Net loss	`NetIncomeLoss`	$-33.15K	USD	Annual
Net loss	`NetIncomeLoss`	$-36.61K	USD	Annual
Ending balance, Amount	`StockholdersEquity`	$-168.50K	USD	Point-in-time
Ending balance, Amount	`StockholdersEquity`	$-205.10K	USD	Point-in-time

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