10-Q Filing

GIVEMEPOWER CORP CIK: 1064722 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001760319-20-000038`
Period End Date	20200331
Filing Date	20200624
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	gmpw-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 33 Income Statement 22 Cash Flow Statement 20

Balance Sheet 33 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.02K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$500.00	USD	Point-in-time
Marketable Securities	`MarketableSecuritiesCurrent`	$26.12K	USD	Point-in-time
Marketable Securities	`MarketableSecuritiesCurrent`	$45.40K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$45.90K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$130.14K	USD	Point-in-time
Total Assets	`Assets`	$130.14K	USD	Point-in-time
Total Assets	`Assets`	$45.90K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accruals - Related Parties	`EmployeeRelatedLiabilitiesCurrent`	-	USD	Point-in-time
Accruals - Related Parties	`EmployeeRelatedLiabilitiesCurrent`	-	USD	Point-in-time
Loans - Unrelated Parties	`LoansPayableCurrent`	$4.32K	USD	Point-in-time
Loans - Unrelated Parties	`LoansPayableCurrent`	-	USD	Point-in-time
Loans - Related Parties	`DueToOtherRelatedPartiesNoncurrent`	$41.20K	USD	Point-in-time
Loans - Related Parties	`DueToOtherRelatedPartiesNoncurrent`	$163.20K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$45.52K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$163.20K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$45.52K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$163.20K	USD	Point-in-time
Preferred Stock, $0.001 par value, 1,000,000 shares authorized,none issued or outstanding as at December 31, 2018, 1 issued and outstanding as at December 31, 2019	`PreferredStockSharesIssued`	1.00	shares	Point-in-time
Preferred Stock, $0.001 par value, 1,000,000 shares authorized,none issued or outstanding as at December 31, 2018, 1 issued and outstanding as at December 31, 2019	`PreferredStockSharesIssued`	1.00	shares	Point-in-time
Common Stock, $0.001 par value, 49,000,000 shares authorized, 27,724,687 issued and outstanding as at December 31, 2018 and 2019 respectively	`CommonStockSharesIssued`	1.00	shares	Point-in-time
Common Stock, $0.001 par value, 49,000,000 shares authorized, 27,724,687 issued and outstanding as at December 31, 2018 and 2019 respectively	`CommonStockSharesIssued`	1.00	shares	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapital`	$1.00	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapital`	$1.00	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$30.36K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$379.00	USD	Point-in-time
Other Comprehensive Income/Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-63.43K	USD	Point-in-time
Total Shareholders' Deficit	`PublicUtilitiesPropertyPlantAndEquipmentTransmissionAndDistribution`	$380.00	USD	Point-in-time
Total Shareholders' Deficit	`PublicUtilitiesPropertyPlantAndEquipmentTransmissionAndDistribution`	$-33.06K	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesFairValueDisclosure`	$45.90K	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesFairValueDisclosure`	$130.14K	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`Revenues`	$192.99K	USD	1 Quarter
REVENUE	`Revenues`	-	USD	1 Quarter
COST OF SALES	`LandSales`	$-157.88K	USD	1 Quarter
COST OF SALES	`LandSales`	-	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	-	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$35.12K	USD	1 Quarter
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	-	USD	1 Quarter
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.20K	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$5.20K	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	-	USD	1 Quarter
OPERATING PROFIT/LOSS	`OperatingIncomeLoss`	$29.91K	USD	1 Quarter
OPERATING PROFIT/LOSS	`OperatingIncomeLoss`	-	USD	1 Quarter
Gain on settlement of liabilities	`GainLossOnSaleOfDebtInvestments`	-	USD	1 Quarter
Gain on settlement of liabilities	`GainLossOnSaleOfDebtInvestments`	-	USD	1 Quarter
INCOME (LOSS) BEFORE TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.91K	USD	1 Quarter
INCOME (LOSS) BEFORE TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
TAXES	`TaxesExcludingIncomeAndExciseTaxes`	-	USD	1 Quarter
TAXES	`TaxesExcludingIncomeAndExciseTaxes`	-	USD	1 Quarter
Net Income (Loss) per Common Share: Basic and Diluted	`ProfitLoss`	$0.00	USD	1 Quarter
Net Income (Loss) per Common Share: Basic and Diluted	`ProfitLoss`	-	USD	1 Quarter
Weighted Average Common Shares Outstanding: Basic and Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.72M	shares	1 Quarter
Weighted Average Common Shares Outstanding: Basic and Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.72M	shares	1 Quarter

Cash Flow Statement 20 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$29.91K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	-	USD	1 Quarter
Inventory Asset:Trading Securities	`ProceedsFromPaymentsForTradingSecurities`	$19.34K	USD	1 Quarter
TDAmeritrade Margin Loan	`PaymentsForProceedsFromLoansAndLeases`	$-4.32K	USD	1 Quarter
Net Cash Flows Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net Cash Flows Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$44.94K	USD	1 Quarter
Loan from related parties	`PaymentsToAcquireLoansReceivable`	$122.00K	USD	1 Quarter
Accumulated Other Comp Income/Loss	`OtherNoncashIncomeExpense`	$-63.43K	USD	1 Quarter
New Cash Flows from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
New Cash Flows from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$58.57K	USD	1 Quarter
Net Change in Cash:	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$103.52K	USD	1 Quarter
Net Change in Cash:	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	-	USD	1 Quarter
Ending Cash:	`CashCashEquivalentsAndShortTermInvestments`	-	USD	Point-in-time
Ending Cash:	`CashCashEquivalentsAndShortTermInvestments`	$103.52K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$32.00	USD	1 Quarter
Shares issued to settle accounts payable	`EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards`	-	USD	1 Quarter
Shares issued to settle accounts payable	`EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards`	-	USD	1 Quarter
Shares issued to settle accruals - related parties	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	1 Quarter
Shares issued to settle accruals - related parties	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	1 Quarter

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