$KPEA
Kun Peng International Ltd.

2011 Q3 Form 10-K Financial Statement

#000116169711001056 Filed on December 06, 2011

View on sec.gov

Income Statement

Concept 2011 Q3 2011 Q2 2011 Q1
Revenue $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $4.027K $901.00
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$4.027K -$901.00
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$4.266K -$4.027K -$901.00
YoY Change 42.2%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 10.20M
Diluted Shares Outstanding

Balance Sheet

Concept 2011 Q3 2011 Q2 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $10.61K $13.07K $17.10K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $10.61K $13.07K
YoY Change 19.17%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $10.61K $13.07K
Total Long-Term Assets $0.00 $0.00
Total Assets $10.61K $13.07K
YoY Change 19.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.400K
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $2.400K $600.00
YoY Change -17.24%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.206K $12.47K $16.50K
YoY Change
Total Liabilities & Shareholders Equity $10.61K $13.07K
YoY Change 19.17%

Cashflow Statement

Concept 2011 Q3 2011 Q2 2011 Q1
OPERATING ACTIVITIES
Net Income -$4.266K -$4.027K -$901.00
YoY Change 42.2%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2011 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
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AccountsPayableAndAccruedLiabilitiesCurrent
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CY2010Q3 cik1502557 Price Per Share Of Stock Issued
PricePerShareOfStockIssued
0.00075
CY2011Q1 cik1502557 Price Per Share Of Stock Issued
PricePerShareOfStockIssued
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CY2011 cik1502557 Weighted Average Number Of Shares Outstanding Basic And Diluted Duration
WeightedAverageNumberOfSharesOutstandingBasicAndDilutedDuration
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cik1502557 Weighted Average Number Of Shares Outstanding Basic And Diluted Duration
WeightedAverageNumberOfSharesOutstandingBasicAndDilutedDuration
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CY2010Q3 cik1502557 Weighted Average Number Of Shares Outstanding Basic And Diluted Duration
WeightedAverageNumberOfSharesOutstandingBasicAndDilutedDuration
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CY2011 dei Amendment Flag
AmendmentFlag
false
CY2011 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
CY2011 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2011 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
CY2011 dei Document Period End Date
DocumentPeriodEndDate
2011-09-30
CY2011 dei Document Type
DocumentType
10-K
CY2011 dei Entity Central Index Key
EntityCentralIndexKey
0001502557
CY2011Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
10200000
CY2011 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2011 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2011Q3 dei Entity Public Float
EntityPublicFloat
12500 USD
CY2011 dei Entity Registrant Name
EntityRegistrantName
mLight Tech, Inc.
CY2011 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2010Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2900 USD
CY2011Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
19980 USD
CY2010Q3 us-gaap Additional Paid In Capital
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CY2011Q3 us-gaap Assets
Assets
10606 USD
CY2010Q3 us-gaap Assets
Assets
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CY2011Q3 us-gaap Assets Current
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10606 USD
CY2010Q3 us-gaap Assets Current
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8900 USD
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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10606 USD
CY2010Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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USD
CY2010Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2010Q3 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
8900 USD
CY2011Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2010Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
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CY2011Q1 us-gaap Common Stock Par Or Stated Value Per Share
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CY2011Q3 us-gaap Common Stock Shares Authorized
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CY2011Q3 us-gaap Common Stock Shares Issued
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CY2011Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2011Q3 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
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CY2010Q3 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
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CY2011 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --> <div> <div style="WIDTH: 720px"><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="MARGIN-TOP: 0px" valign="top" width="96"> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong>NOTE 7.</strong></p> </td> <td style="MARGIN-TOP: 0px" valign="top"> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong>THE EFFECT OF RECENTLY ISSUED ACCOUNTING STANDARDS</strong></p> </td> </tr> </table> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> Below is a listing of the most recent accounting standards and their effect on the Company.</p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Recent Accounting Pronouncements</u></p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif">In April 2010, the FASB issued Accounting Standards Update 2010-02, Consolidation (Topic 810): Accounting and Reporting for Decreases in Ownership of a Subsidiary. This amendment to Topic 810 clarifies, but does not change, the scope of current US GAAP. It clarifies the decrease in ownership provisions of Subtopic 810-10 and removes the potential conflict between guidance in that Subtopic and asset derecognition and gain or loss recognition guidance that may exist in other US GAAP. An entity will be required to follow the amended guidance beginning in the period that it first adopts FAS 160 (now included in Subtopic 810-10). For those entities that have already adopted FAS 160, the amendments are effective at the beginning of the first interim or annual reporting period ending on or after December 15, 2009. The amendments should be applied retrospectively to the first period that an entity adopted FAS 160. The Company does not expect the provisions of ASU 2010-02 to have a material effect on the financial position, results of operations or cash flows of the Company.</p> <p style="MARGIN: 0px; text-align: center"><br /> </p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif">In May 2011, the FASB issued ASU No. 2011-04, <em>Fair Value Measurement (Topic 820) - Amendments to Achieve Common Fair Value Measurement and</em> <em>Disclosure Requirements in U.S. GAAP and IFRSs</em> ("ASU 2011-04"), which clarifies the wording and disclosures required in Accounting Standards Codification ("ASC") Topic 820, <em>Fair Value Measurement</em> ("ASC 820"), to converge with those used (to be used) in International Financial Reporting Standards ("IFRS"). The update explains how to measure and disclose fair value under ASC 820. However, the FASB does not expect the changes in this standards update to alter the current application of the requirements in ASC 820. The provisions of ASU 2011-04 are effective for public entities prospectively for interim and annual periods beginning after December 15, 2011. Early adoption is prohibited. Therefore, ASU 2011-04 is effective for the Company January 1, 2012. The Company does not expect ASU 2011-04 to have a material effect on the Company&#39;s results of operations, financial condition, and cash flows.</p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif">In June 2011, the FASB issued ASU No. 2011-05, <em>Comprehensive Income (Topic 220) - Presentation of Comprehensive Income</em> ("ASU 2011-05"). ASU 2011-05 changes the presentation of comprehensive income in the financial statements for all periods reported and eliminates the option under the current guidance that allows for presentation of other comprehensive income as part of the Statement of Stockholders&#39; Equity. The update proposes two options for the proper presentation of comprehensive income: 1) a single Statement of Comprehensive Income, which includes all components of net income and other comprehensive income; or 2) a Statement of Income followed immediately by a Statement of Comprehensive Income, which includes the summarized net income and all components of other comprehensive income. The provisions of ASU 2011-05 are effective for public entities retrospectively for annual periods, and interim periods within those years, beginning after December 15, 2011, with early adoption permitted. Although the provisions of this update could change the presentation of the financial statements of the Company, no material impact is expected on the Company&#39;s results of operations, financial condition, and cash flows.</p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> Other recent accounting pronouncements issued are not believed by management to have a material impact on the Company&#39;s present or future financial statements.</p> <!--EndFragment--></div> </div>
CY2011Q3 us-gaap Development Stage Enterprise Deficit Accumulated During Development Stage
DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
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CY2010Q3 us-gaap Development Stage Enterprise Deficit Accumulated During Development Stage
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us-gaap Earnings Per Share Basic And Diluted
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CY2010Q3 us-gaap Earnings Per Share Basic And Diluted
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CY2011 us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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CY2010Q3 us-gaap General And Administrative Expense
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CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2010Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2011 us-gaap Income Taxes Paid
IncomeTaxesPaid
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us-gaap Income Taxes Paid
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CY2010Q3 us-gaap Income Taxes Paid
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CY2011 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2010Q3 us-gaap Income Tax Expense Benefit
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CY2011 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2010Q3 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2011 us-gaap Interest Paid
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us-gaap Interest Paid
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CY2011Q3 us-gaap Liabilities
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CY2010Q3 us-gaap Liabilities
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CY2011Q3 us-gaap Liabilities And Stockholders Equity
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CY2010Q3 us-gaap Liabilities And Stockholders Equity
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CY2011 us-gaap Nature Of Operations
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<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --> <div> <div style="WIDTH: 720px"><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="MARGIN-TOP: 0px" valign="top" width="96"> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong>NOTE 1.</strong></p> </td> <td style="MARGIN-TOP: 0px" valign="top"> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong>GENERAL ORGANIZATION AND BUSINESS</strong></p> </td> </tr> </table> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> &nbsp;</p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> mLight Tech Inc. (the "Company"), a Florida corporation, will provide software solutions that simplify the management of networked personal computers. mLight plans to develop products to automate network inventory and reporting, diagramming and documentation, problem identification and resolution, and compliance.</p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> <br /> </p> <p style="MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company was incorporated on September 3, 2010 (Date of Inception) with its corporate headquarters located in Coral Springs, Florida and its year-end is September 30.</p> <!--EndFragment--></div> </div>
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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CY2010Q3 us-gaap Net Cash Provided By Used In Operating Activities
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CY2011 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2010Q3 us-gaap Net Income Loss
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CY2011Q2 us-gaap Net Income Loss
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us-gaap Operating Expenses
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us-gaap Proceeds From Issuance Of Common Stock
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CY2010Q3 us-gaap Proceeds From Issuance Of Common Stock
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CY2011 us-gaap Professional Fees
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us-gaap Professional Fees
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us-gaap Revenues
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CY2010Q3 us-gaap Stockholders Equity
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CY2011Q1 us-gaap Stock Issued During Period Value New Issues
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Files In Submission

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0001161697-11-001056.txt Edgar Link pending
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cik1502557-20110930.xml Edgar Link completed
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