 |
v2.4.0.6
|
Balance Sheet (USD $)
|
Feb. 29, 2012
|
Feb. 28, 2011
|
| Current Assets |
|
|
| Cash and cash equivalents |
$ 18,690 |
$ 128,760 |
| Accounts receivable |
5,702 |
|
| Inventory |
17,135 |
|
| Total current assets |
41,527 |
128,760 |
| Fixed assets |
37,839 |
|
| Intangible assets |
16,333 |
|
| Goodwill |
108,724 |
|
| TOTAL ASSETS |
204,423 |
128,760 |
| Current Liabilities |
|
|
| Accounts payable and accrued expenses |
28,071 |
2,225 |
| Accounts payable and accrued expenses - related party |
10,446 |
|
| Current portion of notes payable and accrued interest payable |
288,115 |
|
| Total Current Liabilities |
326,632 |
2,225 |
| Convertible note payable |
32,600 |
100,100 |
| Notes payable |
10,467 |
|
| Notes payable to related party |
79,196 |
|
| TOTAL LIABILITIES |
448,895 |
102,325 |
| Stockholders' Equity |
|
|
| Preferred stock; $0.0001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding |
|
|
| Common stock: 100,000,000 authorized; $0.0001 par value 18,500,000 shares and 12,500,000 shares issued and outstanding at February 29, 2012 and February 28, 2011, respectively |
1,850 |
1,250 |
| Additional paid-in capital |
3,877,150 |
60,250 |
| Accumulated deficit |
(4,123,472) |
(35,065) |
| TOTAL STOCKHOLDERS' EQUITY (DEFICIT) |
(244,472) |
26,435 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) |
$ 204,423 |
$ 128,760 |
| X |
- Definition
Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.
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Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.
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Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer.
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Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.
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Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.
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The cumulative amount of the reporting entity's undistributed earnings or deficit.
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Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.
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