10-K Filing

PRESTIGE CAPITAL CORP CIK: 790179 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0001554795-20-000099`
Period End Date	20191231
Filing Date	20200414
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	pgec-20191231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 22 Cash Flow Statement 36 Stockholders Equity 10

Balance Sheet 48 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`	$201.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$572.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$105.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$201.00	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Assets	`Assets`	$105.00	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`	$201.00	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`	3.33M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	3.33M	shares	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$6.60K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	3.33M	shares	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$6.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	3.33M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.20K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.10K	USD	Point-in-time
Accrued interest - related party	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$24.57K	USD	Point-in-time
Accrued interest - related party	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$36.65K	USD	Point-in-time
Notes payable - related party	`NotesAndLoansPayableCurrent`	$161.12K	USD	Point-in-time
Notes payable - related party	`NotesAndLoansPayableCurrent`	$147.12K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$204.96K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$179.39K	USD	Point-in-time
Total Liabilities	`Liabilities`	$179.39K	USD	Point-in-time
Total Liabilities	`Liabilities`	$204.96K	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, 3,332,200 shares issued and outstanding at December 31, 2019 and December 31,2018	`CommonStockValue`	$3.33K	USD	Point-in-time
Common Stock - 100,000,000 shares authorized having a par value of $0.001 per share, 3,332,200 shares issued and outstanding at December 31, 2019 and December 31,2018	`CommonStockValue`	$3.33K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$713.57K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$713.57K	USD	Point-in-time
Accumulated Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-896.09K	USD	Point-in-time
Accumulated Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-921.76K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-204.86K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-314.53K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-179.19K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$105.00	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$201.00	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$13.47K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$13.60K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-13.60K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-13.47K	USD	Annual
Related party interest expense	`InterestExpenseRelatedParty`	$7.93K	USD	Annual
Related party interest expense	`InterestExpenseRelatedParty`	$12.07K	USD	Annual
Other interest expense	`InterestExpense`	-	USD	Annual
Other interest expense	`InterestExpense`	$9.95K	USD	Annual
Total other Income (Expense)	`NonoperatingIncomeExpense`	$-17.88K	USD	Annual
Total other Income (Expense)	`NonoperatingIncomeExpense`	$-12.07K	USD	Annual
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-31.35K	USD	Annual
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-25.67K	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net Loss	`NetIncomeLoss`	$-31.35K	USD	Annual
Net Loss	`NetIncomeLoss`	$-25.67K	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`	3.33M	shares	Annual
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.53M	shares	Annual

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-31.35K	USD	Annual
Net Loss	`NetIncomeLoss`	$-25.67K	USD	Annual
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$6.00K	USD	Annual
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$6.60K	USD	Annual
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.10K	USD	Annual
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$100.00	USD	Annual
Increase in accrued interest - related party	`IncreaseDecreaseInAccruedLiabilities`	$7.93K	USD	Annual
Increase in accrued interest - related party	`IncreaseDecreaseInAccruedLiabilities`	$12.07K	USD	Annual
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$9.95K	USD	Annual
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	-	USD	Annual
Net cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.77K	USD	Annual
Net cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.50K	USD	Annual
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Proceeds from loan payable - related party	`ProceedsFromRelatedPartyDebt`	$7.40K	USD	Annual
Proceeds from loan payable - related party	`ProceedsFromRelatedPartyDebt`	$5.40K	USD	Annual
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$5.40K	USD	Annual
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$7.40K	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-96.00	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-371.00	USD	Annual
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$201.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$572.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$201.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$572.00	USD	Point-in-time
Cash paid for interest expense	`InterestPaidNet`	-	USD	Annual
Cash paid for interest expense	`InterestPaidNet`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Conversion of related party accounts payable into loan payable related party	`ConversionOfRelatedPartyAccountsPayableIntoLoanPayableRelatedParty`	$6.60K	USD	Annual
Conversion of related party accounts payable into loan payable related party	`ConversionOfRelatedPartyAccountsPayableIntoLoanPayableRelatedParty`	$6.60K	USD	Annual
Conversion of loans and accrued interest to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Conversion of loans and accrued interest to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$166.70K	USD	Annual
Reclassification of loans payable and accrued interest to loans payable related party	`ReclassificationOfLoansPayableAndAccruedInterestToLoansPayableRelatedParty`	-	USD	Annual
Reclassification of loans payable and accrued interest to loans payable related party	`ReclassificationOfLoansPayableAndAccruedInterestToLoansPayableRelatedParty`	$3.92K	USD	Annual

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, amount	`StockholdersEquity`	$-204.86K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-314.53K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-179.19K	USD	Point-in-time
Conversion of loans and accrued interest into common stock, amount	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Conversion of loans and accrued interest into common stock, amount	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$166.70K	USD	Annual
Net loss	`NetIncomeLoss`	$-31.35K	USD	Annual
Net loss	`NetIncomeLoss`	$-25.67K	USD	Annual
Ending balance, amount	`StockholdersEquity`	$-204.86K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-314.53K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-179.19K	USD	Point-in-time

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