$VPRB
VPR Brands LP

2015 Q2 Form 10-Q Financial Statement

#000158095715000041 Filed on May 26, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2015 Q1 2014 Q1
Revenue $342.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $20.00K $10.00K $10.00K
YoY Change 100.0% 0.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $20.00K $6.423K $6.250K
YoY Change 57.37% 2.77%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$20.00K -$10.00K -$10.00K
YoY Change 100.0% 0.0% 953.74%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$23.82K -$10.00K -$6.250K
YoY Change 87.44% 60.0% 558.59%
Net Earnings / Revenue -2923.98%
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 17.13M shares 13.13M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q2 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $90.00K $0.00 $0.00
YoY Change
Cash & Equivalents $94.28K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $90.00K $0.00
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles $5.325M
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $4.279K $0.00 $5.325M
YoY Change -99.92% -100.0% 2535737.14%
TOTAL ASSETS
Total Short-Term Assets $90.00K $0.00
Total Long-Term Assets $4.279K $0.00 $5.325M
Total Assets $94.28K $0.00 $5.325M
YoY Change -98.23% -100.0% 2535737.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $10.00K $0.00 $10.00K
YoY Change 0.0% -100.0% -50.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.000K $0.00 $10.00K
YoY Change -60.0% -100.0% -66.67%
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 $8.000K $0.00 $10.00K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $8.000K $0.00 $8.000K
YoY Change -61.37% -100.0% -74.29%
SHAREHOLDERS EQUITY
Retained Earnings -$5.575M -$131.1K
YoY Change 3777.03% 9.34%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $90.00K $0.00 $5.320M
YoY Change
Total Liabilities & Shareholders Equity $94.28K $0.00 $5.325M
YoY Change -98.23% -100.0% 2535737.14%

Cashflow Statement

Concept 2015 Q2 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income -$23.82K -$10.00K -$6.250K
YoY Change 87.44% 60.0% 558.59%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$10.00K -$9.081K -$6.250K
YoY Change 45.3% 558.59%
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 110.0K $6.250K
YoY Change 558.59%
NET CHANGE
Cash From Operating Activities -10.00K -$9.081K -$6.250K
Cash From Investing Activities
Cash From Financing Activities 110.0K $6.250K
Net Change In Cash 100.0K -$9.081K $0.00
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$10.00K -$9.081K -$6.250K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
6423 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-6250 USD
CY2015Q1 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
0.00
CY2014Q1 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
0.00
CY2015Q1 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
17287125 shares
CY2014Q1 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
13127125 shares
CY2014Q1 us-gaap Revenues
Revenues
USD
CY2014Q1 us-gaap Operating Expenses
OperatingExpenses
6250 USD
CY2015Q1 us-gaap Revenues
Revenues
342 USD
CY2015Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6423 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9081 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6250 USD
CY2015Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
USD
CY2014Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
6250 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6250 USD
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-9081 USD
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
USD
CY2015Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3000 USD
CY2015Q1 us-gaap Nature Of Operations
NatureOfOperations
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 16pt;"><font style="font: 11pt Times New Roman, Times, Serif;"><b>NOTE 1. ORGANIZATION</b></font></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 16pt;"><font style="font: 11pt Times New Roman, Times, Serif;">Soliel Capital L.P. (the &#147;Company&#148;, &#147;we&#148;, &#147;our&#148;) 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.</font></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 16pt;"><font style="font: 11pt Times New Roman, Times, Serif;"><i>Business Description</i></font></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 16pt; text-align: left;"><font style="font: 11pt Times New Roman, Times, Serif;">The Company is 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 &#147;Red&#148; 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.</font></p></div>
CY2015Q1 us-gaap Use Of Estimates
UseOfEstimates
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 16pt;"><font style="font: 11pt Times New Roman, Times, Serif;"><b><i>Use of Estimates</i></b><i> </i></font></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 16pt;"><font style="font: 11pt Times New Roman, Times, Serif;">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</font></p> </div>
CY2015Q1 dei Document Type
DocumentType
10-Q
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
17127125 shares
CY2015Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015Q1 dei Entity Registrant Name
EntityRegistrantName
Soleil Capital L.P.
CY2015Q1 dei Amendment Flag
AmendmentFlag
false
CY2015Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001376231
us-gaap Net Income Loss
NetIncomeLoss
-5550732 USD
CY2015Q1 dei Document Period End Date
DocumentPeriodEndDate
2015-03-31
CY2015Q1 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2015Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5500000 USD
CY2013 jobi Class Of Warrant Or Right Term
ClassOfWarrantOrRightTerm
P10Y

Files In Submission

Name View Source Status
0001580957-15-000041-index-headers.html Edgar Link pending
0001580957-15-000041-index.html Edgar Link pending
0001580957-15-000041.txt Edgar Link pending
0001580957-15-000041-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
jobi-20150331.xml Edgar Link completed
jobi-20150331.xsd Edgar Link pending
jobi-20150331_cal.xml Edgar Link unprocessable
jobi-20150331_lab.xml Edgar Link unprocessable
jobi-20150331_pre.xml Edgar Link unprocessable
jobi031510q.htm Edgar Link pending
jobi0315ex31_1.htm Edgar Link pending
jobi0315ex32_1.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R2.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending