ROYAL BEES COMPANY, INC.
CIK:0001540334|SEC Filings
Consolidated Statements of Operations - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
|
| Details | ||||
| Revenues | $ 0 | $ 0 | $ 0 | $ 0 |
| Operating Expenses | 16,281 | 15,025 | 55,206 | 53,985 |
| Net Income(Loss) from Operations | (16,281) | (15,025) | (55,206) | (53,985) |
| Other Income(Expenses) | ||||
| Interest Expense | (5,744) | (5,139) | (15,322) | (14,537) |
| Net Income(Loss) Before Income Taxes | (20,025) | (20,164) | (70,528) | (68,522) |
| Tax Expense | 0 | 0 | 0 | 0 |
| Net Income (Loss) | $ (22,025) | $ (20,164) | $ (70,528) | $ (68,522) |
| Income (Loss) Per Share Basic and Diluted | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 |
| Weighted Average Number of Shares Outstanding | 85,855,000 | 85,855,000 | 85,855,000 | 85,855,000 |
Statement of Cash Flows - USD ($) |
9 Months Ended | |
|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
|
| Cash flows from operating activities: | ||
| Common stock issued for services | $ 0 | $ 0 |
| (Increase) decrease in other fixed assets | 0 | 8,366 |
| (Increase) decrease in patent assets | 0 | (10,960) |
| Increase (decrease) in new loan | 15,000 | 0 |
| Increase(decrease) in accounts payable | 0 | (1,864) |
| Increase(decrease) in short note payable | 0 | (6,079) |
| Increase(decrease) in accrued expenses | 42,300 | 43,260 |
| Increase(decrease) in accrued interest | 15,323 | 14,537 |
| Net cash used in operating activities | 72,622 | (47,260) |
| Net income (loss) | (70,528) | (68,522) |
| Cash flows from investing activities: | ||
| Acquisition of intangible assets | 0 | 0 |
| Net cash provided (used) by investing activities | 0 | 0 |
| Cash flows from financing activities: | ||
| Proceeds of sale of common stock | 0 | 0 |
| Net cash provided(used) by financing activities | 0 | 0 |
| Increase in cash and equivalents | 2,095 | (21,262) |
| Cash and cash equivalents | 2,318 | 25,554 |
| Cash and cash equivalents | $ 4,412 | $ 4,292 |
Balance Sheet - September 30, 2016 Unaudited - USD ($) |
Sep. 30, 2016 |
Dec. 31, 2015 |
|||||
|---|---|---|---|---|---|---|---|
| Current assets | |||||||
| Cash and cash equivalents | $ 4,412 | $ 2,318 | |||||
| Deposits | 12,500 | 12,500 | |||||
| Total Current assets | 16,912 | 14,818 | |||||
| Patents | 10,960 | 10,960 | |||||
| Intangible Assets | 155,855 | 155,855 | |||||
| Total Assets | 183,727 | 181,633 | |||||
| Current liabilities | |||||||
| Accounts payable | 0 | 0 | |||||
| Related party accounts payable | 0 | 0 | |||||
| Accrued expenses | 161,860 | 119,560 | |||||
| Accrued interest | 48,642 | 33,321 | |||||
| Short term notes payable | 260,000 | 245,000 | |||||
| Total Current Liabilities | 470,502 | 397,881 | |||||
| Commitments and Contingencies | [1] | ||||||
| Fitweiser Holdings, Inc. Shareholder's Deficit | |||||||
| Common Stock | [2] | 85,855 | 85,855 | ||||
| Deficit accumulated during development stage | (372,630) | (302,103) | |||||
| Total Deficit Fitweiser Holdings, Inc. | (286,775) | (216,248) | |||||
| Total liabilities and deficit | $ 183,727 | $ 181,633 | |||||
| |||||||