CHINA HOLDINGS GROUP INC
CIK:0001076891|SEC Filings
|
CHINA HOLDINGS GROUP, INC. ( A DEVELOPMENT STAGE ENTERPRISE) - STATEMENT OF OPERATIONS (USD $)
|
9 Months Ended | 209 Months Ended | |
|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
|
| General & administrative | $ 72 | $ 1,365 | $ 62,627 |
| Total expenses | 72 | 1,365 | 62,627 |
| Interest expense | 269 | 575 | |
| Total other income/ (expense) | 269 | 575 | |
| Net loss | $ (341) | $ (1,365) | $ (63,202) |
| Weighted average number of common shares outstanding | 3,190,400 | 3,190,400 | |
|
CHINA HOLDINGS GROUP, INC (A DEVELOPMENT STAGE ENTERPRISE) - STATEMENTS OF CASH FLOWS (USD $)
|
9 Months Ended | 209 Months Ended | |
|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
|
| Net loss | $ (341) | $ (1,365) | $ (63,202) |
| Increase in accounts payable & Accrued Expenses | 1,600 | 2,000 | |
| Increase in loan payable - related party | 57,600 | ||
| Increase in accrued Interest on Notes - related party | 269 | 575 | |
| Issuance of securities for services rendered | 1,136 | ||
| Net cash used in operating activities | (72) | 235 | (1,891) |
| Proceeds from inssuance of stock | 2,054 | ||
| Net increase in cash | (72) | 235 | 163 |
| Cash at beginning of period | 235 | ||
| Cash at end of period | $ 163 | $ 235 | $ 163 |
|
CHINA HOLDINGS GROUP, INC (A DEVELOPMENT STAGE ENTERPRISE) - BALANCE SHEETS (USD $)
|
Sep. 30, 2011
|
Dec. 31, 2010
|
|---|---|---|
| Cash | $ 163 | $ 235 |
| Total assets | 163 | 235 |
| Accounts payable | 3,500 | |
| Accrued Interest | 574 | 305 |
| Due to related party | 59,600 | 57,600 |
| Total current liabilities | 60,174 | 59,905 |
| Notes payable | 0 | 0 |
| Total long term liabilities | 0 | 0 |
| Total Liabilities | 60,174 | 59,905 |
| Common stock | 3,190 | 3,190 |
| Retained earnings (Accumulated Deficit) | (63,201) | (62,860) |
| Total stockholders' (deficit) equity | (60,011) | (59,670) |
| TOTAL LIABILITIES AND EQUITY | $ 163 | $ 235 |