10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001554795-18-000207`
Period End Date	20180630
Filing Date	20180810
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	pgec-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 44 Cash Flow Statement 32

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`	$572.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$149.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$595.00	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.17K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$572.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$149.00	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$149.00	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, 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 - related party	`AccountsPayableRelatedPartiesCurrent`	$6.60K	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`	$10.20K	USD	Point-in-time
Accrued interest - related party	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$20.55K	USD	Point-in-time
Accrued interest - related party	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$16.64K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$71.60K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$76.57K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$95.90K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$100.10K	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`	$331.78K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$315.10K	USD	Point-in-time
Total Liabilities	`Liabilities`	$331.78K	USD	Point-in-time
Total Liabilities	`Liabilities`	$315.10K	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	`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	`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`	$-864.74K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-881.84K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-314.53K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-331.63K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$572.00	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$149.00	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.22K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.62K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.82K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.17K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-8.22K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-2.62K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-2.82K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-8.17K	USD	2 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$1.42K	USD	2 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$710.00	USD	1 Quarter
Related party interest expense	`InterestExpenseRelatedParty`	$3.90K	USD	2 Qtrs
Related party interest expense	`InterestExpenseRelatedParty`	$1.99K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.97K	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.88K	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.49K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.48K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-6.30K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-8.88K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-4.47K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-3.19K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-7.10K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-17.10K	USD	2 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-6.01K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-14.48K	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-7.10K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-17.10K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-14.48K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-6.01K	USD	1 Quarter
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 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	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 32 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-7.10K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-17.10K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-14.48K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-6.01K	USD	1 Quarter
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$3.60K	USD	2 Qtrs
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$3.60K	USD	2 Qtrs
Increase in accrued interest - related party	`IncreaseDecreaseInAccruedLiabilities`	$3.90K	USD	2 Qtrs
Increase in accrued interest - related party	`IncreaseDecreaseInAccruedLiabilities`	$1.42K	USD	2 Qtrs
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$4.97K	USD	2 Qtrs
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$4.88K	USD	2 Qtrs
Net cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.62K	USD	2 Qtrs
Net cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.57K	USD	2 Qtrs
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from notes payable - related parties	`ProceedsFromNotesPayable`	$4.20K	USD	2 Qtrs
Proceeds from notes payable - related parties	`ProceedsFromNotesPayable`	$4.00K	USD	2 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.20K	USD	2 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.00K	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-573.00	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-423.00	USD	2 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$572.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$149.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$595.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.17K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$572.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$149.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$595.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.17K	USD	Point-in-time
Cash paid for interest expense	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for interest expense	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

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