10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001554795-18-000121`
Period End Date	20180331
Filing Date	20180510
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	pgec-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 22 Cash Flow Statement 32

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`	$1.17K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$548.00	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`	$572.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$572.00	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$548.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$572.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$548.00	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 - related party	`AccountsPayableRelatedPartiesCurrent`	$6.60K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$8.70K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.48K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accrued interest - related party	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$16.64K	USD	Point-in-time
Accrued interest - related party	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$18.56K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$74.09K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$71.60K	USD	Point-in-time
Notes payable - related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$95.90K	USD	Point-in-time
Notes payable - related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$95.90K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$124.36K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$124.36K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$315.10K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$325.08K	USD	Point-in-time
Total Liabilities	`Liabilities`	$315.10K	USD	Point-in-time
Total Liabilities	`Liabilities`	$325.08K	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 September 30, 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 September 30, 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`	$-874.75K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-864.74K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-314.53K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-324.54K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$548.00	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$572.00	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`	$5.60K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-5.60K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-5.35K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$1.92K	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$710.00	USD	1 Quarter
Interest expense	`InterestExpense`	$2.49K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.41K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-3.12K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-4.41K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-8.47K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-10.00K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-10.00K	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 32 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-10.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.47K	USD	1 Quarter
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$2.10K	USD	1 Quarter
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$2.10K	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.48K	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$400.00	USD	1 Quarter
Increase in accrued interest - related party	`IncreaseDecreaseInAccruedLiabilities`	$1.92K	USD	1 Quarter
Increase in accrued interest - related party	`IncreaseDecreaseInAccruedLiabilities`	$710.00	USD	1 Quarter
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$2.41K	USD	1 Quarter
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$2.49K	USD	1 Quarter
Net cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.00	USD	1 Quarter
Net cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.85K	USD	1 Quarter
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$3.00K	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$3.00K	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-24.00	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$151.00	USD	1 Quarter
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.17K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$548.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.32K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$572.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.17K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$548.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.32K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$572.00	USD	Point-in-time
Cash paid for interest expense	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for interest expense	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter

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