2014 Q1 Form 10-K Financial Statement
#000158095714000029 Filed on May 07, 2014
Income Statement
Concept | 2014 Q1 | 2013 Q4 | 2013 |
---|---|---|---|
Revenue | $0.00 | ||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $10.00K | $0.00 | $0.00 |
YoY Change | -100.0% | ||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $6.250K | $0.00 | |
YoY Change | -100.0% | ||
Operating Profit | |||
YoY Change | |||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$10.00K | $0.00 | $0.00 |
YoY Change | 953.74% | -100.0% | |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$6.250K | $0.00 | -$5.894K |
YoY Change | 558.59% | -3.31% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $0.00 | $0.00 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 13.13M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q1 | 2013 Q4 | 2013 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cash & Equivalents | |||
Short-Term Investments | |||
Other Short-Term Assets | $0.00 | $0.00 | |
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $0.00 | ||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | $5.325M | $5.325M | |
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $5.325M | $5.325M | $5.330M |
YoY Change | 2535737.14% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $0.00 | ||
Total Long-Term Assets | $5.325M | $5.325M | $5.330M |
Total Assets | $5.325M | $5.325M | $5.330M |
YoY Change | 2535737.14% | 2535737.14% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $10.00K | $0.00 | $0.00 |
YoY Change | -50.0% | -100.0% | -100.0% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $10.00K | $0.00 | $0.00 |
YoY Change | -66.67% | -100.0% | -100.0% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $10.00K | $0.00 | $0.00 |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $8.000K | $1.750K | $0.00 |
YoY Change | -74.29% | -94.2% | -100.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$131.1K | -$124.8K | |
YoY Change | 9.34% | 4.96% | |
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $5.320M | $5.320M | $5.320M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $5.325M | $5.325M | $5.330M |
YoY Change | 2535737.14% | 2535737.14% |
Cashflow Statement
Concept | 2014 Q1 | 2013 Q4 | 2013 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$6.250K | $0.00 | -$5.894K |
YoY Change | 558.59% | -3.31% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$6.250K | -$10.00K | -$11.99K |
YoY Change | 558.59% | 657.55% | |
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 | $6.250K | 10.00K | $11.99K |
YoY Change | 558.59% | 657.55% | |
NET CHANGE | |||
Cash From Operating Activities | -$6.250K | -10.00K | -$11.99K |
Cash From Investing Activities | |||
Cash From Financing Activities | $6.250K | 10.00K | $11.99K |
Net Change In Cash | $0.00 | 0.000 | $0.00 |
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$6.250K | -$10.00K | -$11.99K |
Capital Expenditures | |||
Free Cash Flow | -$11.99K | ||
YoY Change | 657.55% |
Facts In Submission
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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><!--StartFragment--> <p style="FONT: 11pt Times New Roman, Times, Serif; MARGIN: 0px 0px 16pt"> <strong>NOTE 1. ORGANIZATION</strong></p> <p style="FONT: 11pt Times New Roman, Times, Serif; MARGIN: 0px 0px 16pt"> Soliel Capotal L.P. (the "Company", "we", "our") was incorporated in New York on July 19, 2004, as Jobsinsite,.com, Inc., Our Articles of Incorporation were amended on August 5, 2004, to change our name to Jobsinsite, Inc. on June 18, 2009 we merged with a Delaware corporation and became Jobsinsite, Inc., and on July 1, 2009 we filed articles of conversion with the secretary of state of Delaware and became Soleil Capital L.P., a Delaware limited partnership.</p> <p style="FONT: 11pt Times New Roman, Times, Serif; MARGIN: 0px 0px 16pt"> <em>Business Description</em></p> <p style="FONT: 11pt Times New Roman, Times, Serif; MARGIN: 0px 0px 16pt"> Since our inception the company has generated nominal revenues through the sale of software items related to the job search industry.</p> <p style="FONT: 11pt Times New Roman, Times, Serif; MARGIN: 0px 0px 16pt"> On December 27, 2013, the Company entered into a patent acquisition agreement (the "Purchase Agreement"), by and among Soleil and Guocheng "Greg" Pan, a natural person, pursuant to which Soleil agreed to purchase certain electronic cigarette patents owned and invented by Mr. Pan (the "Purchased Assets"). Under the terms of the Purchase Agreement and in consideration for the acquisition of the Purchased assets, Soleil issued to Mr. Pan (and certain of his designees) 10,501,700 common units representing limited partnership units of Soleil and a warrant to purchase 2,000,000 common units representing limited partnership units of Soleil. The warrants entitle Mr. Pan (or his designees) to purchase Soleil common units at $0.15 per common unit with an expiration date ten years from the effective date of the Purchase Agreement.</p> <p style="FONT: 11pt Times New Roman, Times, Serif; MARGIN: 0px 0px 16pt"> We are a development stage enterprise engaged in various monetization strategies of a portfolio of patents the Company owns in both the US and China, covering electronic cigarette, electronic cigar and personal vaporizer patents. We currently market a brand of electronic cigarettes marketed under the brand "Red" in the United States and are undertaking efforts to establish distribution of our electronic cigarette brand in China. We are currently also identifying electronic cigarette companies that may be infringing our patents and exploring options to license and or enforce our patents.</p> <!--EndFragment--></div> </div> | |
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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><!--StartFragment--> <p style="FONT: 11pt Times New Roman, Times, Serif; MARGIN: 0px 0px 16pt"> <strong><em>Use of Estimates</em></strong></p> <p style="FONT: 11pt Times New Roman, Times, Serif; MARGIN: 0px 0px 16pt"> The preparation of financial statements in conformity with generally accepted accounting principles generally accepted in the Untied States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates</p> <!--EndFragment--></div> </div> | |
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|
2740828 | shares |
CY2012 | us-gaap |
Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
|
2625425 | shares |