10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001554795-16-000781`
Period End Date	20160630
Filing Date	20160809
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	pgec-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 48 Cash Flow Statement 30

Balance Sheet 50 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
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.68K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$600.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$349.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$324.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$349.00	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$324.00	USD	Point-in-time
Total Assets	`Assets`	$349.00	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`	$324.00	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
Accounts payable	`AccountsPayableCurrent`	$300.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	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 - related party	`AccountsPayableRelatedPartiesCurrent`	$54.90K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$51.20K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$69.28K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$63.31K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$129.46K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$129.46K	USD	Point-in-time
Notes payable - other	`OtherNotesPayableCurrent`	$17.90K	USD	Point-in-time
Notes payable - other	`OtherNotesPayableCurrent`	$21.90K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$261.87K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$275.85K	USD	Point-in-time
Total Liabilities	`Liabilities`	$261.87K	USD	Point-in-time
Total Liabilities	`Liabilities`	$275.85K	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, 2016 and December 31, 2015	`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, 2016 and December 31, 2015	`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	`RetainedEarningsAccumulatedDeficit`	$-811.73K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-825.73K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-261.52K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-275.52K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$349.00	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$324.00	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.02K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.92K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.21K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.03K	USD	2 Qtrs
Total expenses	`OperatingCostsAndExpenses`	$3.21K	USD	1 Quarter
Total expenses	`OperatingCostsAndExpenses`	$9.02K	USD	2 Qtrs
Total expenses	`OperatingCostsAndExpenses`	$2.92K	USD	1 Quarter
Total expenses	`OperatingCostsAndExpenses`	$8.03K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-3.21K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-9.02K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-8.03K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-2.92K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$5.18K	USD	2 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$2.59K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$5.18K	USD	2 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$2.59K	USD	1 Quarter
Other interest expense	`InterestExpenseOther`	$796.00	USD	2 Qtrs
Other interest expense	`InterestExpenseOther`	$536.00	USD	2 Qtrs
Other interest expense	`InterestExpenseOther`	$312.00	USD	1 Quarter
Other interest expense	`InterestExpenseOther`	$438.00	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-2.90K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-5.71K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-5.97K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-3.03K	USD	1 Quarter
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-14.73K	USD	2 Qtrs
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-6.11K	USD	1 Quarter
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-14.00K	USD	2 Qtrs
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-5.94K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-5.94K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-14.00K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-14.73K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-6.11K	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 Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	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
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

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-5.94K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-14.00K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-14.73K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-6.11K	USD	1 Quarter
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.70K	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.00K	USD	2 Qtrs
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$5.97K	USD	2 Qtrs
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$5.71K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.03K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.32K	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from other notes	`ProceedsOfOtherLoansAndLeasesHeldForInvestment`	$4.00K	USD	2 Qtrs
Proceeds from other notes	`ProceedsOfOtherLoansAndLeasesHeldForInvestment`	$7.40K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.40K	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-25.00	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.08K	USD	2 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$3.68K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$600.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$349.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$324.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$3.68K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$600.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$349.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$324.00	USD	Point-in-time
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

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