2021 Q2 Form 10-Q Financial Statement

#000164033421001346 Filed on June 14, 2021

View on sec.gov

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	39210000	shares
CY2021Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	10787	USD
CY2020Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	6482	USD
CY2021Q2	us-gaap	Interest Payable Current InterestPayableCurrent	15345	USD
CY2021Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	119951	USD
CY2021Q2	us-gaap	Liabilities Current LiabilitiesCurrent	146083	USD
CY2021Q2	us-gaap	Liabilities Liabilities	146083	USD
CY2021Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2021Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2021Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2021Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	150000000	shares
CY2021Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2021Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17990000	shares
CY2021Q2	us-gaap	Common Stock Value CommonStockValue	1799	USD
CY2021Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	145750	USD
CY2020Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	145750	USD
CY2021Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-293470	USD
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	-145921	USD
CY2021Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	162	USD
CY2021Q2	us-gaap	Professional Fees ProfessionalFees	4753	USD
CY2020Q2	us-gaap	Professional Fees ProfessionalFees	4307	USD
	us-gaap	Professional Fees ProfessionalFees	19588	USD
	us-gaap	Professional Fees ProfessionalFees	19960	USD
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	352	USD
CY2020Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	931	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	937	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1444	USD
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	5105	USD
CY2020Q2	us-gaap	Operating Expenses OperatingExpenses	5238	USD
CY2021Q2	us-gaap	Assets Current AssetsCurrent	162	USD
CY2021Q2	us-gaap	Assets Assets	162	USD
	us-gaap	Operating Expenses OperatingExpenses	20525	USD
	us-gaap	Operating Expenses OperatingExpenses	21404	USD
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-5105	USD
CY2020Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-5238	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	-121095	USD
CY2020Q4	us-gaap	Net Income Loss NetIncomeLoss	-12132	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	-133227	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-6141	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-20525	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-21404	USD
CY2021Q2	us-gaap	Interest Expense InterestExpense	1448	USD
CY2020Q2	us-gaap	Interest Expense InterestExpense	1217	USD
	us-gaap	Interest Expense InterestExpense	4301	USD
	us-gaap	Interest Expense InterestExpense	3511	USD
CY2021Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1448	USD
CY2020Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1217	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4301	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3511	USD
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-6553	USD
CY2020Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-6455	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-24826	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-24915	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-6553	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-6455	USD
	us-gaap	Net Income Loss NetIncomeLoss	-24826	USD
CY2021Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.00
CY2020Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.00
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.00
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.00
CY2021Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	17990000	shares
CY2020Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	17990000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	17990000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	17990000	shares
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	-139368	USD
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-6553	USD
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	-145921	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	-89971	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	-102599	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-5832	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	-108431	USD
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	-114886	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	4305	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	4301	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	3511	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-16220	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-18797	USD
	us-gaap	Net Income Loss NetIncomeLoss	-24826	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	14150	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	21300	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	14150	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	21300	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-2070	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2503	USD
CY2020Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2232	USD
CY2019Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	671	USD
CY2021Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	162	USD
CY2020Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3174	USD
	us-gaap	Interest Paid InterestPaid	0	USD
	us-gaap	Interest Paid InterestPaid	0	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
	pnht	Changes In Control Of Registrantpolicytextblock ChangesInControlOfRegistrantpolicytextblock	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">On April 26, 2021, the board of director of the Company approved a security purchase agreement with T. Benjamin Jennings or assignees to sell and issue 21,220,000 shares of the common stock at $201,335 in cash. The issuance of 21,220,000 shares of common stock to T. Benjamin Jennings pursuant to the security purchase agreement representing around 54% of the then issued and outstanding shares of the Company at closing date. The Company received the consideration in full and issued the shares on May 12, 2021.</p>
	us-gaap	Use Of Estimates UseOfEstimates	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">A novel strain of coronavirus (COVID-19) was first identified in December 2019, and subsequently declared a global pandemic by the World Health Organization on March 11, 2020. As a result of the outbreak, many companies have experienced disruptions in their operations and in markets served. The Company considered the impact of COVID-19 on the assumptions and estimates used and determined that there were no material adverse impacts on the Company’s results of operations and financial position at April 30, 2021. The full extent of the future impacts of COVID-19 on the Company’s operations is uncertain. A prolonged outbreak could have a material adverse impact on financial results and business operations of the Company, including the timing and ability of the Company to develop its business plan.</p>
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	14150	USD
CY2021Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	119951	USD
	us-gaap	Interest Expense InterestExpense	4301	USD
	us-gaap	Interest Expense InterestExpense	3511	USD

Files In Submission

Name	View Source	Status
0001640334-21-001346-index-headers.html	Edgar Link	pending
0001640334-21-001346-index.html	Edgar Link	pending
0001640334-21-001346.txt	Edgar Link	pending
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pnht_10q_htm.xml	Edgar Link	completed
pnht_ex311.htm	Edgar Link	pending
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