Delaine Corp

CIK:0001496139|SEC Filings

Statements of Operations (Unaudited) - USD ($)	3 Months Ended
Statements of Operations (Unaudited) - USD ($)	Sep. 30, 2015	Sep. 30, 2014
Statements Of Operations
Net Revenue (gross total transactions of $545,101 and $517,909)	$ 181,927	$ 124,069
Operating expenses:
Advertising	62,284	35,784
General and administrative	14,948	15,866
Selling	52,549	48,639
Professional fees	15,488	9,673
Executive compensation	66,900	$ 67,700
Stock option- based consulting fees	21,300
Depreciation expense	244	$ 126
Total operating expenses	233,713	177,788
Operating income (loss) before income taxes	$ (51,786)	$ (53,719)
Income tax (expense) benefit
Net income (loss)	$ (51,786)	$ (53,719)
Basic and diluted income (loss) per common share	$ (0.02)	$ (0.02)
Weighted average shares outstanding	3,255,687	3,255,687

Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
Statements of Cash Flows (Unaudited) - USD ($)	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net income (loss)	$ (51,786)	$ (53,719)
Depreciation expense	244	$ 126
Stock option- based consulting fees	21,300
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Restricted cash	(6,338)
Accounts receivable	(8,315)	$ 11,731
Accounts payable	4,312	64,149
Accounts payable - related party	2,601	(16,599)
Net cash provided by (used in) operating activities	$ (37,982)	5,688
Cash flows from investing activities:
Purchase of equipment		(416)
Net cash used in investing activities		$ (416)
Cash flows from financing activities:
Net cash provided by financing activities
Net increase (decrease) in cash	$ (37,982)	$ 5,272
Cash at beginning of period	68,373	123,331
Cash at end of period	$ 30,391	$ 128,603
Supplemental Information:
Cash paid for interest
Cash paid for income taxes

Balance Sheets - USD ($)	Sep. 30, 2015	Jun. 30, 2015
Current assets:
Cash	$ 30,391	$ 68,373
Restricted cash (Note 3)	98,841	23,479
Accounts receivable	26,262	17,947
Total current assets	$ 155,494	109,799
Restricted cash (Note 3)		69,024
Property, plant and equipment, net	$ 2,672	2,916
Intangible assets	353,194	353,194
Total assets	511,360	534,933
Current liabilities:
Accounts payable	48,918	44,606
Accounts payable - related party	19,007	16,406
Total current liabilities	67,925	61,012
Stockholders' Equity
Preferred stock, par value $0.001, 10,000,000 shares authorized, 400,000 shares issued and outstanding as of September 30, 2015 and June 30, 2015, respectively	400	400
Common stock, par value $0.001, 100,000,000 shares authorized, 3,255,687 issued and outstanding as of September 30, 2015 and June 30, 2015, respectively	3,256	3,256
Additional paid-in capital	865,708	844,408
Retained deficit	(425,929)	(374,143)
Total stockholder's equity	443,435	473,921
Total liabilities and stockholder's equity	$ 511,360	$ 534,933