FIRST CAPITAL INTERNATIONAL INC
CIK:0001072842|SEC Filings
Statements of Operations - USD ($) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2023 |
Dec. 31, 2022 |
|
| Income Statement [Abstract] | ||
| Selling, general and administrative expenses | $ 49,048 | $ 47,186 |
| Loss from operations | (49,048) | (47,186) |
| Other income (expenses): | ||
| Interest expense | (6,346) | (4,716) |
| Other income/(expenses) | (6,346) | (4,716) |
| Net loss | (55,394) | (51,902) |
| Preferred dividends | (51,500) | (51,500) |
| Net loss available to common stockholders | $ (106,894) | $ (103,402) |
| Basic and diluted net loss per common share (in Dollars per share) | $ 0 | $ 0 |
| Weighted average shares outstanding (in Shares) | 34,401,924 | 34,401,924 |
Statements of Cash Flows - USD ($) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2023 |
Dec. 31, 2022 |
|
| Cash flows from operating activities: | ||
| Net loss | $ (55,394) | $ (51,902) |
| Non-cash adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Amortization | 0 | 0 |
| Changes in operating assets and liabilities: | ||
| Accounts payable | 7,598 | 298 |
| Accrued interest payable | 6,346 | 4,716 |
| Net cash provided by (used in) operating activities: | (41,450) | (46,888) |
| Cash flows from financing activities: | ||
| Due to related parties | 41,543 | 40,369 |
| Net increase in cash and cash equivalents | 93 | (6,519) |
| Cash and cash equivalents, beginning of period | 1,163 | 7,682 |
| Cash and cash equivalents, end of period | 1,256 | 1,163 |
| Supplemental disclosure of cash flow information: | ||
| Interest paid | 0 | 0 |
| Taxes paid | 0 | 0 |
| Supplemental disclosure of non-cash investing and financing activities: | ||
| Preferred dividends | $ 51,500 | $ 51,500 |
Balance Sheets - USD ($) |
Dec. 31, 2023 |
Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 1,256 | $ 1,163 |
| Total current assets | 1,256 | 1,163 |
| Property and equipment, net | 0 | 0 |
| Total assets | 1,256 | 1,163 |
| Current liabilities: | ||
| Accounts payable | 15,712 | 8,114 |
| Other current liabilities: | ||
| Accrued interest payable | 11,158 | 4,812 |
| Preferred dividends payable to related parties | 386,250 | 334,750 |
| Due to related parties | 123,622 | 82,079 |
| Total current liabilities | 521,030 | 421,641 |
| Total liabilities | 536,742 | 429,755 |
| Stockholders’ deficit: | ||
| Preferred stock, .001 par value; 20,000,000 shares authorized; designated 4,500,000 Series A Convertible Preferred Stock issued and outstanding | 4,500 | 4,500 |
| Common stock, .001 par value; 200,000,000 shares authorized; 34,401,924 shares issued and outstanding | 34,402 | 34,402 |
| Additional paid-in capital | 10,497,317 | 10,497,317 |
| Accumulated deficit | (11,071,705) | (10,964,811) |
| Total stockholders’ deficit | (535,486) | (428,592) |
| Total liabilities and stockholders’ deficit | $ 1,256 | $ 1,163 |