Diverse Development Group Inc.
CIK:0001672897|SEC Filings
CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2019 |
Sep. 30, 2018 |
Sep. 30, 2019 |
Sep. 30, 2018 |
|
| CONDENSED STATEMENTS OF OPERATIONS (Unaudited) | ||||
| Revenue | ||||
| Cost of revenue | ||||
| Gross profit | ||||
| Operating expenses | 8,912 | 13,276 | 51,820 | 36,163 |
| Net loss from operations | (8,912) | (13,276) | (51,820) | (36,163) |
| Interest expense | (2,383) | (814) | (6,262) | (1,704) |
| Net loss before income taxes | (11,295) | (14,090) | (58,082) | (37,867) |
| Income tax expense | ||||
| Net loss | $ (11,295) | $ (14,090) | $ (58,082) | $ (37,867) |
| Loss per share - basic and diluted | $ (0.00) | $ (0.00) | $ (0.01) | $ (0.01) |
| Weighted average shares - basic and diluted | 6,515,000 | 7,115,000 | 6,515,000 | 7,115,000 |
CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) |
9 Months Ended | |
|---|---|---|
Sep. 30, 2019 |
Sep. 30, 2018 |
|
| OPERATING ACTIVITIES | ||
| Net loss | $ (58,082) | $ (37,867) |
| Changes in Operating Assets and Liabilities | ||
| Accrued liabilities | (3,717) | (5,653) |
| Net cash used in operating activities | (61,799) | (43,520) |
| FINANCING ACTIVITIES | ||
| Notes payable - related party | 61,873 | 43,394 |
| Net cash provided by financing activities | 61,873 | 43,394 |
| Net increase (decrease) in cash & cash equivalents | 74 | (126) |
| Cash & cash equivalents, beginning of period | 104 | 272 |
| Cash & cash equivalents, ending of period | 178 | 146 |
| Supplemental cash flow information: | ||
| Income tax paid | ||
| Interest paid | ||
CONDENSED BALANCE SHEETS - USD ($) |
Sep. 30, 2019 |
Dec. 31, 2018 |
|---|---|---|
| Current assets | ||
| Cash & cash equivalents | $ 178 | $ 104 |
| Total Current Assets | 178 | 104 |
| Total assets | 178 | 104 |
| Current liabilities | ||
| Accrued liabilities | 3,717 | |
| Note payable - related party | 174,015 | 112,142 |
| Current liabilities | 174,015 | 115,859 |
| Stockholders' deficit | ||
| Preferred stock, $0.0001 par value, 20,000,000 shares authorized; none outstanding | ||
| Common stock; $0.0001 par value, 100,000,000 shares authorized; 6,515,000 shares issued and outstanding | 652 | 652 |
| Discount on Common Stock | (670) | (670) |
| Additional paid - in capital | 2,202 | 2,202 |
| Accumulated deficit | (176,021) | (117,939) |
| Total stockholders' deficit | (173,837) | (115,755) |
| Total liabilities and stockholders' deficit | $ 178 | $ 104 |