10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001554795-21-000183`
Period End Date	20210331
Filing Date	20210517
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	pgec-20210331.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`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	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`	$81.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$4.70K	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`	$2.99K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.99K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.70K	USD	Point-in-time
Total Assets	`Assets`	$2.99K	USD	Point-in-time
Total Assets	`Assets`	$4.70K	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
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`	$7.50K	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
Accounts payable	`AccountsPayableCurrent`	$2.20K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accrued interest - related party	`AccruedLiabilitiesAndOtherLiabilities`	$53.56K	USD	Point-in-time
Accrued interest - related party	`AccruedLiabilitiesAndOtherLiabilities`	$49.95K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$180.51K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$180.51K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$236.46K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$243.77K	USD	Point-in-time
Total liabilities	`Liabilities`	$243.77K	USD	Point-in-time
Total liabilities	`Liabilities`	$236.46K	USD	Point-in-time
Preferred stock - 10,000,000 shares authorized, par value $0.001 per share. None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - 10,000,000 shares authorized, par value $0.001 per share. 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	`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	`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 deficit	`RetainedEarningsAccumulatedDeficit`	$-957.69K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-948.67K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-231.77K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-213.50K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-204.86K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-240.79K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$2.99K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$4.70K	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`	$5.41K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-5.41K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-5.42K	USD	1 Quarter
Interest expense - related party	`InterestExpenseRelatedParty`	$3.61K	USD	1 Quarter
Interest expense - related party	`InterestExpenseRelatedParty`	$3.22K	USD	1 Quarter
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-3.61K	USD	1 Quarter
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-3.22K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-9.02K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-8.64K	USD	1 Quarter
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-9.02K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.64K	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`	$-9.02K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.64K	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	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.20K	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.20K	USD	1 Quarter
Increase in accrued interest - related party	`IncreaseDecreaseInDueToOtherRelatedParties`	$3.22K	USD	1 Quarter
Increase in accrued interest - related party	`IncreaseDecreaseInDueToOtherRelatedParties`	$3.61K	USD	1 Quarter
Net cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.72K	USD	1 Quarter
Net cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.71K	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 loan payable - related party	`ProceedsFromRelatedPartyDebt`	$2.70K	USD	1 Quarter
Proceeds from loan payable - related party	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.70K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.00	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.71K	USD	1 Quarter
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$81.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$4.70K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$2.99K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$81.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$4.70K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$2.99K	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`	$-231.77K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-213.50K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-204.86K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-240.79K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-9.02K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.64K	USD	1 Quarter
Ending balance, amount	`StockholdersEquity`	$-231.77K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-213.50K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-204.86K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-240.79K	USD	Point-in-time

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