Arrestage International, Inc.

CIK:0001666267|SEC Filings

Statement of Operations - USD ($)	12 Months Ended
Statement of Operations - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Income Statement [Abstract]
Revenues
Operating Expenses
Bank Charges	96	87
Professional and Legal Fees	42,611	82,228
Accounting and Bookkeeping Fees	25,849	23,290
Other Expenses	820	2,660
Total Operating Expenses	69,376	108,265
Other Expenses
Interest Expense	15,914	9,430
Total Expenses	85,290	117,695
Net Operating Income (Loss)	(85,290)	(117,695)
Other Income
Gain on Forgiveness of Debt	500
Total Other Income	500
Net Income (Loss)	$ (84,790)	$ (117,695)
Per Share	$ (0.02)	$ (0.03)
Weighted Average number of shares outstanding	3,600,000	3,600,000

Statements of Cash Flows - USD ($)	12 Months Ended
Statements of Cash Flows - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Cash Flows from operating activities:
Net (Loss)	$ (84,790)	$ (117,695)
Adjustments to reconcile net (loss) to net cash used in operating activities:
(Increase) Decrease in Prepaid Expenses	3,159	12,005
Increase (Decrease) in Accounts Payable	(5,265)	8,302
Increase in accrued interest payable	15,914	9,430
Total Adjustments	13,808	29,737
Net Cash (used in) Operating Activities	(70,983)	(87,957)
Cash Flows from financing activities:
Proceeds from (payments on) note payable-related party	69,022	88,705
Proceeds from sale of common stock
Net cash provided by financing activities	69,022	88,705
Net increase (decrease) in cash	(1,961)	748
Cash Balance at Beginning of Period	3,660	2,911
Cash Balance at End of Period	1,699	3,660
Interest Paid	0	0
Income taxes paid	$ 0	$ 0

Balance Sheet - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Current Assets
Cash In Bank	$ 1,699	$ 3,660
Prepaid Expenses	87	3,246
Total Current Assets	1,786	6,906
Other Assets
Trademark License'	50,000	50,000
Impairment-Trademark License	(50,000)	(50,000)
Prepaid Expenses
Total Other Assets
TOTAL ASSETS	1,786	6,906
Current Liabilities
Accounts Payable	3,038	8,303
Notes Payable-Related Party	219,879	150,857
Accrued Interest Payable	31,960	16,046
License Fee Payable	25,790	25,790
Total Current Liabilities	280,667	200,996
Total Liabilities	280,667	200,996
Stockholders' (Deficit)
Preferred Stock, $0.001 par value, 5,000,000 shares of preferred shares authorized, no shares of preferred stock outstanding.
Common Stock, $0.001 par value, 30,000,000 shares authorized, 3,600,000 shares issued and outstanding as of December 31, 2019 and December 31, 2018	3,600	3,600
Additional Paid-in Capital	148,851	148,851
Accumulated Deficit	(431,332)	(346,541)
Total Stockholders' (Deficit)	(278,881)	(194,090)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,786	$ 6,906