Component: (Network and Table) | |
---|---|
Network | 103 - Statement - CONSOLIDATED BALANCE SHEETS (http://www.3powerenergy.com/taxonomy/role/StatementOfFinancialPositionClassified) |
Table | Statement [Table] |
Reporting Entity [Axis] | 0001221554 (http://www.sec.gov/CIK) |
Legal Entity [Axis] | Entity [Domain] |
Statement [Line Items] | Period [Axis] | ||
---|---|---|---|
2012-03-31 | 2011-03-31 | 2010-03-31 | |
ASSETS | |||
Current assets: | |||
Cash and cash equivalents | 6,368 | 12,603 | 959,244 |
Accounts receivable | 2,151 | 1,016,421 | |
Inventory | 130,359 | ||
Prepaid and other current assets | 40,473 | ||
Total current assets | 48,992 | 1,159,383 | |
Property and equipment, net | 566 | ||
Total assets | 48,992 | 1,159,949 | |
LIABILITIES AND EQUITY (DEFICIT) | |||
Current liabilities: | |||
Accounts payable and accrued expenses | 5,170,413 | 441,220 | |
Accrued interest payable | 254,878 | ||
Notes payable | 639,059 | ||
Due to related parties | 401,925 | 281,328 | |
Total current liabilities | 6,466,275 | 722,548 | |
Commitments and contingencies | xsi:nil | xsi:nil | |
Equity (deficit): | |||
Common stock,$0.0001 par value, 300,000,000 shares authorized, 113,036,248 and 40,000,000 shares issued and outstanding as of March 31, 2012 and 2011, respectively | 11,303 | 4,000 | |
Additional paid in capital | 7,283,228 | ||
Other comprehensive loss | (90,307) | (54,589) | |
Accumulated (deficit) equity | (13,622,115) | 487,382 | |
Total stockholders' equity (deficit) attributable to 3Power Energy Group, Inc. | (6,417,891) | 436,793 | |
Non controlling interest | 608 | 608 | |
Total equity (deficit) | (6,417,283) | 437,401 | 461,314 |
Total liabilities and equity (deficit) | 48,992 | 1,159,949 |