Occidental Development Group Inc (ILVG) Financial Statements (2024 and earlier)
Company Profile
Business Address |
256 S. ROBERTSON BLVD BEVERLY HILLS, CA 90211 |
State of Incorp. | NV |
Fiscal Year End | May 31 |
Industry (SIC) | 7359 - Equipment Rental and Leasing, Not Elsewhere Classified (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
5/31/2015 Q4 | 2/28/2015 Q3 | 11/30/2014 Q2 | 8/31/2014 Q1 | 5/31/2014 Q4 | 2/28/2014 Q3 | 11/30/2013 Q2 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 1,719 | 1,719 | 1,719 | 1,719 | 1,815 | 1,940 | |||
Cash and cash equivalents | 1,719 | 1,719 | 1,719 | 1,719 | 1,815 | 1,940 | |||
Inventory, net of allowances, customer advances and progress billings | 53,701 | ✕ | |||||||
Inventory | 53,701 | ||||||||
Other undisclosed current assets | (53,701) | 78 | 421 | ||||||
Total current assets: | 1,719 | 1,719 | 1,719 | 1,719 | 1,893 | 2,361 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 314,903 | 1,806,782 | |||||||
Other undisclosed noncurrent assets | (314,903) | (1,806,782) | |||||||
Total noncurrent assets: | |||||||||
TOTAL ASSETS: | 1,719 | 1,719 | 1,719 | 1,719 | 1,893 | 2,361 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 528,830 | 519,621 | 520,637 | 513,528 | 228,672 | 232,183 | |||
Interest and dividends payable | 287,518 | 278,309 | 269,100 | 259,891 | |||||
Accounts payable | 55,496 | 55,496 | 55,496 | 55,346 | 66,831 | 67,377 | |||
Accrued liabilities | 185,816 | 185,816 | 196,041 | 198,291 | 161,841 | 164,806 | |||
Debt | 542,221 | 542,221 | 542,221 | 542,221 | 542,221 | 542,221 | |||
Due to related parties | 30,127 | 4,481 | 4,094 | 17,652 | 3,530 | 3,122 | |||
Other undisclosed current liabilities | 227,940 | 253,133 | 242,908 | 226,800 | 295,888 | 280,880 | |||
Total current liabilities: | 1,329,118 | 1,319,456 | 1,309,860 | 1,300,201 | 1,070,311 | 1,058,406 | |||
Noncurrent Liabilities | |||||||||
Total liabilities: | 1,329,118 | 1,319,456 | 1,309,860 | 1,300,201 | 1,070,311 | 1,058,406 | |||
Equity | |||||||||
Equity, attributable to parent, including: | (1,327,399) | (1,317,737) | (1,308,141) | (1,298,482) | (1,068,418) | (1,056,045) | |||
Common stock | 75,886 | 75,886 | 75,886 | 75,886 | 75,886 | 55,589 | |||
Common stock, share subscribed but unissued, subscriptions receivable | (56,000) | ||||||||
Additional paid in capital | 15,806,171 | 15,806,171 | 15,806,171 | 15,806,171 | 15,094,181 | 14,799,878 | |||
Accumulated other comprehensive loss | (779,695) | (779,695) | (779,695) | (779,695) | (84,113) | (84,197) | |||
Accumulated deficit | (16,485,761) | (16,476,099) | (16,466,503) | (16,456,844) | (16,173,133) | (16,173,133) | |||
Other undisclosed equity, attributable to parent | 56,000 | 56,000 | 56,000 | 112,000 | 18,761 | 345,818 | |||
Total equity: | (1,327,399) | (1,317,737) | (1,308,141) | (1,298,482) | (1,068,418) | (1,056,045) | |||
TOTAL LIABILITIES AND EQUITY: | 1,719 | 1,719 | 1,719 | 1,719 | 1,893 | 2,361 |
Income Statement (P&L) (USD)Annual | Quarterly
5/31/2015 Q4 | 2/28/2015 Q3 | 11/30/2014 Q2 | 8/31/2014 Q1 | 5/31/2014 Q4 | 2/28/2014 Q3 | 11/30/2013 Q2 | ||
---|---|---|---|---|---|---|---|---|
Other undisclosed income before gain (loss) on sale of properties | 27,762 | |||||||
Operating expenses | (150) | (230,169) | (707) | (1,147) | ||||
Other operating expense, net (Other Expenses) | (11,750) | (23,635) | ||||||
Other undisclosed operating income | 11,750 | 23,635 | ||||||
Operating loss: | (9,662) | (9,596) | (9,659) | (230,169) | (707) | (1,147) | ||
Nonoperating expense | (663,753) | (2,115) | (11,144) | |||||
Debt instrument, convertible, beneficial conversion feature | (2,115) | (11,144) | ||||||
Interest and debt expense | 9,662 | 9,596 | 9,509 | (61,418) | 9,635 | 12,491 | ||
Income (loss) from continuing operations: | (150) | (955,340) | 6,813 | 200 | ||||
Income (loss) before gain (loss) on sale of properties: | (150) | (927,578) | 6,813 | 200 | ||||
Other undisclosed net income (loss) | (9,509) | 600,450 | ||||||
Net income (loss): | (9,659) | (327,128) | 6,813 | 200 | ||||
Other undisclosed net income (loss) attributable to parent | (9,662) | (9,596) | 80,656 | (19,270) | (24,982) | |||
Net loss available to common stockholders, diluted: | (9,662) | (9,596) | (9,659) | (246,472) | (12,457) | (24,782) |
Comprehensive Income (USD)Annual | Quarterly
5/31/2015 Q4 | 2/28/2015 Q3 | 11/30/2014 Q2 | 8/31/2014 Q1 | 5/31/2014 Q4 | 2/28/2014 Q3 | 11/30/2013 Q2 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (9,659) | (327,128) | 6,813 | 200 | ||||
Other comprehensive loss | (9,662) | (9,596) | (9,659) | |||||
Comprehensive income (loss): | (9,662) | (9,596) | (19,318) | (327,128) | 6,813 | 200 | ||
Other undisclosed comprehensive loss, net of tax, attributable to parent | (614,926) | (19,186) | (18,939) | |||||
Comprehensive loss, net of tax, attributable to parent: | (9,662) | (9,596) | (19,318) | (942,054) | (12,373) | (18,739) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.