Business Marketing Services Inc

CIK:0001438138|SEC Filings

Organization and Operations (Tables)

6 Months Ended

Jun. 30, 2014

Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash Flows from Operating Activities
Net income (loss) before non-controlling interest	$ (13,638)	$ 50,312
Adjustments to reconcile net income (loss) before non-controlling interest to net cash used in operating activities
Amortization expense		515
Changes in operating assets and liabilities:
Prepayments and other current assets		(644)
Accrued expenses	960
Accounts payable		(61,324)
Net cash used in operating activities	(12,678)	(11,141)
Cash Flows from Investing Activities
Collection of receivable from former stockholder	12,775
Net cash flows provided by investing activities	12,775
Cash Flows from Financing Activities
Bank overdraft	(61)
Proceeds from (repayments to) notes payable - stockholder		(34,651)
Net cash flows used in financing activities	(61)	(34,651)
Effect of Foreign Exchange Rate Change on Cash		346
Net Change in Cash	36	(45,446)
Cash at Beginning of Reporting Period		110,876
Cash at Beginning of Reporting Period	36	65,430
Supplemental Disclosure of Cash Flows Information:
Interest paid
Income tax paid

Consolidated Balance Sheets (USD $)	Jun. 30, 2014	Dec. 31, 2013
CURRENT ASSETS
Cash	$ 36
Receivable from former stockholder	1,727	14,502
Total Current Assets	1,763	14,502
TOTAL ASSETS	1,763	14,502
CURRENT LIABILITIES
Accrued expenses	14,268	13,308
Bank overdraft		61
Total Current Liabilities	14,268	13,369
TOTAL LIABILITIES	14,268	13,369
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred stock par value $0.0001: 50,000,000 shares authorized; none issued or outstanding
Common stock par value $0.0001: 200,000,000 shares authorized; 19,500,000 shares issued and outstanding	1,950	1,950
Additional paid-In capital	170,523	170,523
Accumulated deficit	(184,978)	(171,340)
Total Stockholders' Equity (Deficit)	(12,505)	1,133
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 1,763	$ 14,502