10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001554795-20-000123`
Period End Date	20200331
Filing Date	20200512
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	pgec-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 20 Cash Flow Statement 30 Stockholders Equity 10

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`	$177.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$81.00	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$201.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$81.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$105.00	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Assets	`Assets`	$81.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	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, 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
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 - related party	`AccountsPayableRelatedPartiesCurrent`	$7.50K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.20K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.40K	USD	Point-in-time
Accrued interest - related party	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$39.86K	USD	Point-in-time
Accrued interest - related party	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$36.65K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$161.12K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$163.81K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$213.58K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$204.96K	USD	Point-in-time
Total Liabilities	`Liabilities`	$204.96K	USD	Point-in-time
Total Liabilities	`Liabilities`	$213.58K	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 March 31, 2020 and December 31, 2019	`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 March 31, 2020 and December 31, 2019	`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`	$-921.76K	USD	Point-in-time
Accumulated Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-930.40K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-187.53K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-179.19K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-213.50K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-204.86K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$81.00	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$105.00	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.42K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.42K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-5.42K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-5.42K	USD	1 Quarter
Interest expense - related party	`InterestExpenseRelatedParty`	$3.22K	USD	1 Quarter
Interest expense - related party	`InterestExpenseRelatedParty`	$2.92K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-3.22K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-2.92K	USD	1 Quarter
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-8.34K	USD	1 Quarter
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-8.64K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.64K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.34K	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`	3.33M	shares	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	3.33M	shares	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-8.64K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.34K	USD	1 Quarter
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$1.50K	USD	1 Quarter
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$1.50K	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.20K	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.80K	USD	1 Quarter
Increase in accrued interest - related party	`IncreaseDecreaseInAccruedLiabilities`	$3.22K	USD	1 Quarter
Increase in accrued interest - related party	`IncreaseDecreaseInAccruedLiabilities`	$2.92K	USD	1 Quarter
Net cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.12K	USD	1 Quarter
Net cash (used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.72K	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 - related parties	`ProceedsFromRelatedPartyDebt`	$2.70K	USD	1 Quarter
Proceeds from notes payable - related parties	`ProceedsFromRelatedPartyDebt`	$1.10K	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.10K	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.70K	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-24.00	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-24.00	USD	1 Quarter
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$177.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$81.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$201.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$177.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$81.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$201.00	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

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, amount	`StockholdersEquity`	$-187.53K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-179.19K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-213.50K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-204.86K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-8.64K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.34K	USD	1 Quarter
Ending balance, amount	`StockholdersEquity`	$-187.53K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-179.19K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-213.50K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-204.86K	USD	Point-in-time

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