MAXIMA GROUP INC.
CIK:0001596448|SEC Filings
Condensed Statements of Operations - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Aug. 31, 2015 |
Aug. 31, 2014 |
Aug. 31, 2015 |
Aug. 31, 2014 |
|
| Income Statement [Abstract] | ||||
| REVENUES | $ 0 | $ 0 | $ 0 | $ 0 |
| OPERATING EXPENSES | ||||
| Bank Service Charges | 14 | 250 | 128 | 644 |
| Professional Fees | 12,610 | 6,000 | 17,750 | 14,692 |
| TOTAL OPERATING EXPENSES | 12,624 | 6,250 | 17,878 | 15,336 |
| NET LOSS FROM OPERATIONS | (12,624) | (6,250) | (17,878) | (15,336) |
| PROVISION FOR INCOME TAXES | 0 | 0 | 0 | 0 |
| NET LOSS | $ (12,624) | $ (6,250) | $ (17,878) | $ (15,336) |
| NET LOSS PER SHARE: BASIC AND DILUTED | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED | 243,000,000 | 238,079,120 | 243,000,000 | 213,683,960 |
Condensed Statements of Cash Flows - USD ($) |
9 Months Ended | |
|---|---|---|
Aug. 31, 2015 |
Aug. 31, 2014 |
|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net loss for the period | $ (17,878) | $ (15,336) |
| Changes in assets and liabilities: | ||
| Increase (decrease) in accounts payable | 11,680 | 0 |
| CASH FLOWS USED IN OPERATING ACTIVITIES | (6,198) | (15,336) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Proceeds from sale of common stock | 0 | 23,000 |
| Payments on Loans from Director | 0 | (1,468) |
| Borrowings on Loans from Director | 5,878 | 1,660 |
| CASH FLOWS PROVIDED BY FINANCING ACTIVITIES | 5,878 | 23,192 |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | (320) | 7,856 |
| Cash and cash equivalents, beginning of period | 320 | 5,055 |
| Cash and cash equivalents, end of period | 0 | 12,911 |
| SUPPLEMENTAL CASH FLOW INFORMATION: | ||
| Interest paid | 0 | 0 |
| Income taxes paid | $ 0 | $ 0 |
Condensed Balance Sheets - USD ($) |
Aug. 31, 2015 |
Nov. 30, 2014 |
|---|---|---|
| Current Assets | ||
| Cash and cash equivalents | $ 0 | $ 320 |
| Total Current Assets | 0 | 320 |
| Total Assets | 0 | 320 |
| Current Liabilities | ||
| Accounts Payable | 12,610 | 930 |
| Loan from director | 0 | 5,153 |
| Total Liabilities | 12,610 | 6,083 |
| Stockholders' Deficit | ||
| Common stock, par value $0.001; 3,000,000,000 shares authorized, 243,000,000 and 243,000,000 shares issued and outstanding respectively; | 243,000 | 243,000 |
| Additional paid in capital | (205,469) | (216,500) |
| Accumulated deficit | (50,141) | (32,263) |
| Total Stockholders' Deficit | (12,610) | (5,763) |
| Total Liabilities and Stockholders’ Deficit | $ 0 | $ 320 |