HARBOR ISLAND DEVELOPMENT CORP.
CIK:0001490824|SEC Filings
|
Discontinued Operations
|
3 Months Ended |
|---|---|
|
Jun. 30, 2013
|
|
| Discontinued Operations: | |
| Discontinued Operations | 7. Discontinued Operations On April 5, 2013, upon acquisition of software and marketing licenses from a company controlled by the President and Director of the Company, the Company ceased its operations as a retailer of beach and island resort apparel and focused its business on marketing and media placement. The resulting change in business resulted in net loss from discontinued operations ($4,165) and ($19,804) for the quarter ended June 30, 2013 and 2012. |
|
Balance Sheets (USD $)
|
Jun. 30, 2013
|
Mar. 31, 2013
|
|---|---|---|
| Current Assets | ||
| Cash | $ 88,162 | $ 6,623 |
| Total Assets | 88,162 | 6,623 |
| Current Liabilities | ||
| Accounts payable | 43,764 | 57,171 |
| Accrued liabilities | 2,664 | 19,420 |
| Due to related parties | 2,338 | 72,500 |
| Notes payable, | 150,000 | 82,401 |
| Total Liabilities | 198,746 | 231,492 |
| Stockholders' Deficit | ||
| Preferred stock, 50,000,000 shares authorized, $0.001 par value; nil shares issued and outstanding | 0 | 0 |
| Common stock, 700,000,000 shares authorized, $0.001 par value; 310,000,000 and 450,000,000 shares issued and outstanding, respectively | 310,000 | 450,000 |
| Additional paid-in capital | 16,416,594 | (407,228) |
| Deficit accumulated during the development stage | (16,837,178) | (267,641) |
| Total Stockholders' Deficit | 110,584 | (224,869) |
| Total Liabilities and Stockholders' Deficit | $ 88,162 | $ 6,623 |