S-1 Filing

GIVEMEPOWER CORP CIK: 1064722 None 2020

Filing Information

Form Type	S-1
Accession Number	`0001760319-21-000006`
Period End Date	20200930
Filing Date	20210119
Fiscal Year	2020
Fiscal Period	N/A
XBRL Instance	gmpw-20200930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 43 Income Statement 52 Cash Flow Statement 20

Balance Sheet 43 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.34K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$500.00	USD	Point-in-time
Inventory Asset	`PublicUtilitiesInventory`	$45.40K	USD	Point-in-time
Inventory Asset	`PublicUtilitiesInventory`	$22.96K	USD	Point-in-time
Other Current Asset	`OtherAssetsNoncurrent`	$152.00	USD	Point-in-time
Other Current Asset	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$45.90K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$28.45K	USD	Point-in-time
Fixed assets, net	`OtherBorrowings`	$13.25K	USD	Point-in-time
Fixed assets, net	`OtherBorrowings`	-	USD	Point-in-time
Real Estate Investments	`RealEstateInvestments`	$970.15K	USD	Point-in-time
Real Estate Investments	`RealEstateInvestments`	-	USD	Point-in-time
TOTAL ASSETS	`Assets`	$45.90K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.01M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$943.00	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accrued interest expenses	`InterestPayableCurrent`	-	USD	Point-in-time
Accrued interest expenses	`InterestPayableCurrent`	$1.41K	USD	Point-in-time
Marginal loan payable	`LoansPayableCurrent`	$4.32K	USD	Point-in-time
Marginal loan payable	`LoansPayableCurrent`	$5.52K	USD	Point-in-time
Line of credit - related party, current portion	`LinesOfCreditCurrent`	$163.63K	USD	Point-in-time
Line of credit - related party, current portion	`LinesOfCreditCurrent`	$41.20K	USD	Point-in-time
Total Current Liabilities:	`LiabilitiesCurrent`	$45.52K	USD	Point-in-time
Total Current Liabilities:	`LiabilitiesCurrent`	$171.50K	USD	Point-in-time
Notes payable	`NotesPayable`	$150.00K	USD	Point-in-time
Notes payable	`NotesPayable`	-	USD	Point-in-time
Notes payable - related party	`ShortTermBankLoansAndNotesPayable`	$766.72K	USD	Point-in-time
Notes payable - related party	`ShortTermBankLoansAndNotesPayable`	-	USD	Point-in-time
Total Long-Term Liabilities	`LongTermInvestmentsAndReceivablesNet`	$916.72K	USD	Point-in-time
Total Long-Term Liabilities	`LongTermInvestmentsAndReceivablesNet`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.09M	USD	Point-in-time
Total Liabilities	`Liabilities`	$45.52K	USD	Point-in-time
Preferred stock, $.001 par value,10,000,000 and 1,000,000 shares authorized, 1 issued and outstanding as at September 30, 2020 and December 31, 2019 respectively.	`PreferredStockSharesIssued`	3.00	shares	Point-in-time
Preferred stock, $.001 par value,10,000,000 and 1,000,000 shares authorized, 1 issued and outstanding as at September 30, 2020 and December 31, 2019 respectively.	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common Stock, $0.001 par value, 1,200,000,000 and 49,000,000 shares authorized, 27,724,687 and 27,724,687 issued and outstanding as at September 30, 2020 and December 31, 2019 respectively	`CommonStockSharesIssued`	1,975.00	shares	Point-in-time
Common Stock, $0.001 par value, 1,200,000,000 and 49,000,000 shares authorized, 27,724,687 and 27,724,687 issued and outstanding as at September 30, 2020 and December 31, 2019 respectively	`CommonStockSharesIssued`	0.00	shares	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$53.76K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$379.00	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-132.11K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$379.00	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-76.37K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$1.01M	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$45.90K	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net gain from sales of investments under trading securities	`MarketableSecuritiesRealizedGainLoss`	$261.40K	USD	3 Qtrs
Net gain from sales of investments under trading securities	`MarketableSecuritiesRealizedGainLoss`	-	USD	3 Qtrs
Net gain from sales of investments under trading securities	`MarketableSecuritiesRealizedGainLoss`	$29.25K	USD	1 Quarter
Net gain from sales of investments under trading securities	`MarketableSecuritiesRealizedGainLoss`	-	USD	1 Quarter
Cost of sales - trading securities	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$-182.21K	USD	3 Qtrs
Cost of sales - trading securities	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$-10.06K	USD	1 Quarter
Cost of sales - trading securities	`InterestAndDividendIncomeSecuritiesAvailableForSale`	-	USD	3 Qtrs
Cost of sales - trading securities	`InterestAndDividendIncomeSecuritiesAvailableForSale`	-	USD	1 Quarter
Net gain from trading securities	`GainLossOnSaleOfSecuritiesNet`	$19.19K	USD	1 Quarter
Net gain from trading securities	`GainLossOnSaleOfSecuritiesNet`	-	USD	3 Qtrs
Net gain from trading securities	`GainLossOnSaleOfSecuritiesNet`	-	USD	1 Quarter
Net gain from trading securities	`GainLossOnSaleOfSecuritiesNet`	$79.19K	USD	3 Qtrs
Sales - Investment property	`GainLossOnSaleOfInvestments`	$1.21M	USD	3 Qtrs
Cost of Investment Properties Sold	`CostOfGoodsSold`	-	USD	1 Quarter
Cost of Investment Properties Sold	`CostOfGoodsSold`	$1.18M	USD	3 Qtrs
Cost of Investment Properties Sold	`CostOfGoodsSold`	-	USD	3 Qtrs
Cost of Investment Properties Sold	`CostOfGoodsSold`	-	USD	1 Quarter
Net gain from sales of investment properties	`GainLossOnInvestments`	-	USD	1 Quarter
Net gain from sales of investment properties	`GainLossOnInvestments`	$25.17K	USD	3 Qtrs
Net gain from sales of investment properties	`GainLossOnInvestments`	-	USD	3 Qtrs
Net gain from sales of investment properties	`GainLossOnInvestments`	-	USD	1 Quarter
General and administrative	`SellingGeneralAndAdministrativeExpense`	$128.08K	USD	3 Qtrs
General and administrative	`SellingGeneralAndAdministrativeExpense`	$22.27K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$128.08K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$22.27K	USD	1 Quarter
LOSS FROM OPERATIONS	`DiscontinuedOperationTaxEffectOfAdjustmentToPriorPeriodGainLossOnDisposal`	$-23.72K	USD	3 Qtrs
LOSS FROM OPERATIONS	`DiscontinuedOperationTaxEffectOfAdjustmentToPriorPeriodGainLossOnDisposal`	$-3.08K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	-	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.55K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.59K	USD	3 Qtrs
Unrealized gain (loss)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-107.19K	USD	3 Qtrs
Unrealized gain (loss)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-39.36K	USD	1 Quarter
Unrealized gain (loss)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Total other expenses, net	`OtherNonoperatingIncomeExpense`	$-108.78K	USD	3 Qtrs
Total other expenses, net	`OtherNonoperatingIncomeExpense`	$-40.91K	USD	1 Quarter
Total other expenses, net	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
INCOME (LOSS) BEFORE TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-43.99K	USD	1 Quarter
INCOME (LOSS) BEFORE TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-132.49K	USD	3 Qtrs
INCOME TAX PROVISION	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
INCOME TAX PROVISION	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-132.49K	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	-	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-43.99K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	-	USD	3 Qtrs
Earnings (loss) per Share: Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	3 Qtrs
Earnings (loss) per Share: Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	1 Quarter
Earnings (loss) per Share: Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Earnings (loss) per Share: Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Common Shares Outstanding: Basic and Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.72M	shares	3 Qtrs
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	3 Qtrs
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
Depreciation	`Depreciation`	$6.58K	USD	3 Qtrs
Cash from sales of trading securities	`ProceedsFromPaymentsForTradingSecurities`	$253.25K	USD	3 Qtrs
Fund disbursed	`AdditionsToContractHoldersFunds`	$-15.66K	USD	3 Qtrs
Accrued interest	`ProceedsFromInterestReceived`	$1.39K	USD	3 Qtrs
Purchase of trading securities	`IncreaseDecreaseInTradingSecurities`	$-266.96K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-21.40K	USD	3 Qtrs
Acquisition of businesses	`PaymentsToAcquireBusinessesGross`	$-24.15K	USD	3 Qtrs
Payment for real estate investment	`PaymentsToAcquireRealEstate`	$-970.15K	USD	3 Qtrs
Purchase of fixed assets	`PaymentsToAcquireOtherProductiveAssets`	$-19.83K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.01M	USD	3 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$150.00K	USD	3 Qtrs
Proceeds from issuance of marginal loan payable	`ProceedsFromIssuanceOfDebt`	$1.22K	USD	3 Qtrs
Proceeds from issuance of line of credit - short term - related party	`ProceedsFromLongTermLinesOfCredit`	$122.43K	USD	3 Qtrs
Proceeds from issuance of line of credit - long term - related party	`ProceedsFromLinesOfCredit`	$766.72K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.04M	USD	3 Qtrs
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.84K	USD	3 Qtrs
Cash at the beginning of the period	`CashCashEquivalentsAndShortTermInvestments`	$500.00	USD	Point-in-time
Cash at end of the period	`Cash`	$5.34K	USD	Point-in-time
Interest paid	`InterestPaid`	$115.00	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

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