10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001554795-17-000195`
Period End Date	20170331
Filing Date	20170511
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	pgec-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 22 Cash Flow Statement 28

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
Cash	`CashAndCashEquivalentsAtCarryingValue`	$349.00	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.32K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.17K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.34K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.17K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.32K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	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`	$1.17K	USD	Point-in-time
Total Assets	`Assets`	$1.32K	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`	$400.00	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Accounts Payable - related party	`AccountsPayableRelatedPartiesCurrent`	$60.20K	USD	Point-in-time
Accounts Payable - related party	`AccountsPayableRelatedPartiesCurrent`	$58.10K	USD	Point-in-time
Accrued Interest	`InterestPayableCurrent`	$78.61K	USD	Point-in-time
Accrued Interest	`InterestPayableCurrent`	$75.49K	USD	Point-in-time
Loans Payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$129.46K	USD	Point-in-time
Loans Payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$129.46K	USD	Point-in-time
Loans Payable - other	`OtherNotesPayableCurrent`	$29.40K	USD	Point-in-time
Loans Payable - other	`OtherNotesPayableCurrent`	$26.40K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$298.07K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$289.46K	USD	Point-in-time
Total Liabilities	`Liabilities`	$289.46K	USD	Point-in-time
Total Liabilities	`Liabilities`	$298.07K	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, 2017 and December 31, 2016	`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, 2017 and December 31, 2016	`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`	$-846.96K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-838.50K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-296.75K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-288.29K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.32K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.17K	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.35K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.11K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-5.35K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-5.11K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$2.59K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$2.59K	USD	1 Quarter
Other interest expense	`InterestExpenseOther`	$358.00	USD	1 Quarter
Other interest expense	`InterestExpenseOther`	$528.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-3.12K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-2.95K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-8.06K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-8.47K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.06K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.47K	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 28 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-8.06K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.47K	USD	1 Quarter
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.10K	USD	1 Quarter
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.50K	USD	1 Quarter
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$2.95K	USD	1 Quarter
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$3.12K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.01K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.85K	USD	1 Quarter
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Proceeds from other notes	`ProceedsOfOtherLoansAndLeasesHeldForInvestment`	$3.00K	USD	1 Quarter
Proceeds from other notes	`ProceedsOfOtherLoansAndLeasesHeldForInvestment`	$4.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.00K	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$991.00	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$151.00	USD	1 Quarter
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$349.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.32K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.17K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.34K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$349.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.32K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.17K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.34K	USD	Point-in-time
Cash paid for interest expense	`InterestPaid`	-	USD	1 Quarter
Cash paid for interest expense	`InterestPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

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