0001019687-11-003775.txt : 20111206 0001019687-11-003775.hdr.sgml : 20111206 20111206112308 ACCESSION NUMBER: 0001019687-11-003775 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 7 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111206 DATE AS OF CHANGE: 20111206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Shang Hide Consultants Ltd CENTRAL INDEX KEY: 0001497120 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 272553082 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-54050 FILM NUMBER: 111244961 BUSINESS ADDRESS: STREET 1: 1495 RIDGEVIEW DRIVE STREET 2: #200 CITY: RENO STATE: NV ZIP: 89519 BUSINESS PHONE: 775-332-4200 MAIL ADDRESS: STREET 1: 1495 RIDGEVIEW DRIVE STREET 2: #200 CITY: RENO STATE: NV ZIP: 89519 10-Q/A 1 shanghide_10qa-093011.htm FORM 10-Q AMENDMENT shanghide_10qa-093011.htm


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Amendment No. 1 to
Form 10-Q
(Mark One)
 
  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
 
For the quarterly period ended September 30, 2011.
or
 
o   TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT.

         For the transition period from _____________ to _____________________
 
Commission file number:___________

Shang Hide Consultants, Ltd. 

(Exact name of registrant as specified in its charter)
 
Nevada    27-2553082
State or other jurisdiction of  
(I.R.S. Employer Identification No.)
incorporation or organization)
   
                                   
1495 Ridgeview Drive Suite #200; Reno, Nevada 89519

    (Address of Principal Executive Office) (Zip Code)
 
(775) 332-4200

             (Registrant's telephone number including area code)
 
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
x Yes  o No
 
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
 
x Yes  o No
                                                   
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.
 
 Large accelerated filer    o Accelerated filer   o         Non-accelerated filer   o    Smaller reporting company   x
                                         
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
 
    x Yes  o No                

As of November 17, 2011, 15,000,000 shares of the registrant's common stock, $.001 par value, were outstanding.
 
 
 

 
 
 
 
 
Explanatory Note

The purpose of this Amendment No. 1 to the Company's  Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2011, filed with the Securities and Exchange Commission on November 18, 2011 (the “Form 10-Q”), is solely to furnish Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T. Exhibit 101 to this report provides the consolidated financial statements and related notes from the Form 10-Q formatted in XBRL (eXtensible Business Reporting Language).
 
No other changes have been made to the Form 10-Q. This Amendment No. 1 to the Form 10-Q speaks as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the original Form 10-Q.
 
Pursuant to Rule 406T of Regulation S-T, the interactive data files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
PART II. OTHER INFORMATION
 
 
Item 6.   Exhibits

 
31 
Section 302 Certification of Principal Executive and Financial Officer*
 
32 
Section 906 Certification of Principal Executive and Financial Officer*
 
101.INS
XBRL Instance Document
 
101.SCH
XBRL Schema Document
 
101.CAL
XBRL Calculation Linkbase Document
 
101.DEF
XBRL Definition Linkbase Document
 
101.LAB
XBRL Label Linkbase Document
 
101.PRE
XBRL Presentation Linkbase Document
 
_______________
*  Previously filed
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 

  SHANG HIDE CONSULTANTS, LTD.  
       
Date: December 5, 2011
By:
/s/ Marty Weigel  
    Marty Weigel  
    President, Treasurer, and Director, Principal Executive and Financial Officer  
       
 
EX-101.INS 2 none-20110930.xml XBRL EXHIBIT 0001497120 2011-09-30 0001497120 2010-12-31 0001497120 2011-07-01 2011-09-30 0001497120 2010-07-01 2010-09-30 0001497120 2011-01-01 2011-09-30 0001497120 2010-01-01 2010-09-30 0001497120 2010-05-05 2011-09-30 0001497120 2010-09-30 0001497120 2011-11-17 0001497120 2011-06-30 iso4217:USD iso4217:USD xbrli:shares xbrli:shares 2820 7650 2820 7650 2900 880 555 3780 555 0.001 0.001 5000000 5000000 0 0 0 0 15000 15000 0.001 0.001 75000000 75000000 15000000 15000000 15000000 15000000 15960 7905 -960 7095 2820 7650 0 0 0 0 0 1828 2670 8055 5225 15960 -1828 -2670 -8055 -5225 -15960 0.00 0.00 0.00 0.00 15000000 15000000 15000000 15000000 3225 555 3780 -4830 -4670 -12180 15000 15000 15000 15000 -4830 10330 2820 10330 Shang Hide Consultants Ltd 10-Q --12-31 15000000 0 false 0001497120 Yes No Smaller Reporting Company No 2011 Q3 2011-09-30 <div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Note 1 &#8211; Organization</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Shang Hide Consultants (Company) was organized under the laws of the State of Nevada in May 2010.&#160;&#160;The Company was organized as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. Our principal business objective for the next 12 months and beyond will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings.</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Company currently has no operations and is considered to be in the development stage as defined by United States generally accepted accounting principles.</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Going Concern</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Company's financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs sufficient to allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until the consummation of a business combination, if any.&#160;&#160;Even in the event of a business acquisition there is no guarantee such combined business will have sufficient operations to meet its ongoing operating costs or obligations.</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">If the Company is unable to obtain adequate capital, it could be forced to cease operations.</font> </div><br/> <div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Note 2 &#8211; Summary of Significant Accounting Policies</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Use of Estimates</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Management makes estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting periods.&#160;&#160;Actual results could vary from these estimates.</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Cash and Cash Equivalents</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Company maintains its cash at a federally insured financial institution.&#160;&#160;Cash equivalents with maturity dates less than 90 days from the date of origination are considered to be cash equivalents for all financial reporting purposes.&#160;&#160;The Company currently has no cash equivalents.</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Fair Value</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Cash and accounts payable are carried at cost which approximates their fair value in accordance with the fair value hierarchy as established by US GAAP.</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Recent Accounting Pronouncements</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">There are no recently issued accounting pronouncements that the Company expects to have a material impact on the financial position, results of operations, or cash flows.</font> </div><br/> <div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Note 3 &#8211; Stock Issuance</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In May 2010 the Company issued 15,000,000 shares of common at par value for cash totaling $15,000.</font> </div><br/> <div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Note 4 &#8211; Related Party Transactions</font> </div><br/><div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Company owes Marty Weigel, Principal Accounting and Executive Officer and Director, $880 for filing fees paid on behalf of the Company.</font> </div><br/> EX-101.SCH 3 none-20110930.xsd XBRL EXHIBIT 001 - Statement - Balance Sheet link:presentationLink link:definitionLink link:calculationLink 002 - Statement - Balance Sheet (Parentheticals) link:presentationLink link:definitionLink link:calculationLink 003 - Statement - Statements of Operations link:presentationLink link:definitionLink link:calculationLink 004 - Statement - Statements of Cash Flows link:presentationLink link:definitionLink link:calculationLink 005 - Disclosure - Note 1 - Organization link:presentationLink link:definitionLink link:calculationLink 006 - Disclosure - Note 2 - Summary of Significant Accounting Policies link:presentationLink link:definitionLink link:calculationLink 007 - Disclosure - Note 3 - Stock Issuance link:presentationLink link:definitionLink link:calculationLink 008 - Disclosure - Note 4 - Related Party Transactions link:presentationLink link:definitionLink link:calculationLink 000 - Disclosure - Document And Entity Information link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 4 none-20110930_cal.xml XBRL EXHIBIT EX-101.DEF 5 none-20110930_def.xml XBRL EXHIBIT EX-101.LAB 6 none-20110930_lab.xml XBRL EXHIBIT EX-101.PRE 7 none-20110930_pre.xml XBRL EXHIBIT XML 8 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; 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Note 4 - Related Party Transactions
9 Months Ended
Sep. 30, 2011
Related Party Transactions Disclosure [Text Block]
Note 4 – Related Party Transactions

The Company owes Marty Weigel, Principal Accounting and Executive Officer and Director, $880 for filing fees paid on behalf of the Company.

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Note 3 - Stock Issuance
9 Months Ended
Sep. 30, 2011
Stockholders' Equity Note Disclosure [Text Block]
Note 3 – Stock Issuance

In May 2010 the Company issued 15,000,000 shares of common at par value for cash totaling $15,000.

XML 12 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheet (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 2,820 $ 7,650
Total assets 2,820 7,650
Current Liabilities    
Accounts payable 2,900  
Advance from shareholder 880 555
Total liabilities 3,780 555
Commitments and Contingencies      
Preferred stock: 5,000,000 shares authorized ($0.001 par value) none issued and outstanding      
Common stock, $.001 par value, 75,000,000 shares authorized 15,000,000 shares issued and outstanding 15,000 15,000
Deficit accumulated during development stage (15,960) (7,905)
Total stockholders' deficit (960) 7,095
Total liabilities and stockholders' deficit $ 2,820 $ 7,650
XML 13 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 1 - Organization
9 Months Ended
Sep. 30, 2011
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
Note 1 – Organization

Shang Hide Consultants (Company) was organized under the laws of the State of Nevada in May 2010.  The Company was organized as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. Our principal business objective for the next 12 months and beyond will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings.

The Company currently has no operations and is considered to be in the development stage as defined by United States generally accepted accounting principles.

Going Concern

The Company's financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs sufficient to allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until the consummation of a business combination, if any.  Even in the event of a business acquisition there is no guarantee such combined business will have sufficient operations to meet its ongoing operating costs or obligations.

If the Company is unable to obtain adequate capital, it could be forced to cease operations.

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XML 16 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 2 - Summary of Significant Accounting Policies
9 Months Ended
Sep. 30, 2011
Significant Accounting Policies [Text Block]
Note 2 – Summary of Significant Accounting Policies

Use of Estimates

Management makes estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting periods.  Actual results could vary from these estimates.

Cash and Cash Equivalents

The Company maintains its cash at a federally insured financial institution.  Cash equivalents with maturity dates less than 90 days from the date of origination are considered to be cash equivalents for all financial reporting purposes.  The Company currently has no cash equivalents.

Fair Value

Cash and accounts payable are carried at cost which approximates their fair value in accordance with the fair value hierarchy as established by US GAAP.

Recent Accounting Pronouncements

There are no recently issued accounting pronouncements that the Company expects to have a material impact on the financial position, results of operations, or cash flows.

XML 17 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheet (Parentheticals) (USD $)
Sep. 30, 2011
Dec. 31, 2010
Preferred stock par value (in Dollars per share) $ 0.001 $ 0.001
Preferred stock shares authorized 5,000,000 5,000,000
Preferred stock shares issued 0 0
Preferred stock shares outstanding 0 0
Common stock par value (in Dollars per share) $ 0.001 $ 0.001
Common stock, shares authorized 75,000,000 75,000,000
Common stock, shares issued 15,000,000 15,000,000
Common stock, shares outstanding 15,000,000 15,000,000
XML 18 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document And Entity Information (USD $)
9 Months Ended
Sep. 30, 2011
Nov. 17, 2011
Jun. 30, 2011
Document and Entity Information [Abstract]      
Entity Registrant Name Shang Hide Consultants Ltd    
Document Type 10-Q    
Current Fiscal Year End Date --12-31    
Entity Common Stock, Shares Outstanding   15,000,000  
Entity Public Float     $ 0
Amendment Flag false    
Entity Central Index Key 0001497120    
Entity Current Reporting Status Yes    
Entity Voluntary Filers No    
Entity Filer Category Smaller Reporting Company    
Entity Well-known Seasoned Issuer No    
Document Period End Date Sep. 30, 2011    
Document Fiscal Year Focus 2011    
Document Fiscal Period Focus Q3    
XML 19 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Operations (USD $)
3 Months Ended 9 Months Ended 17 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Net revenue $ 0 $ 0 $ 0 $ 0 $ 0
Expenses 1,828 2,670 8,055 5,225 15,960
Net loss $ (1,828) $ (2,670) $ (8,055) $ (5,225) $ (15,960)
Loss per share - basic and diluted (in Dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00  
Weighted average shares outstanding- basic and diluted (in Shares) 15,000,000 15,000,000 15,000,000 15,000,000  
XML 20 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Cash Flows (USD $)
9 Months Ended 17 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Net loss $ (8,055) $ (5,225) $ (15,960)
Adjustments to reconcile net loss to cash used n operating activities:      
Increase in accounts payable and stockholder advances 3,225 555 3,780
Net cash used in operating activities (4,830) (4,670) (12,180)
Cash Flows from Financing Activities      
Proceeds from issuance of common stock   15,000 15,000
Net cash provided by financing activities   15,000 15,000
Net increase (decrease) in cash and cash equivalents (4,830) 10,330 2,820
Cash and cash equivalents at beginning of period 7,650    
Cash and cash equivalents at end of period 2,820 10,330 2,820
Cash paid for interest         
Cash paid for income taxes         
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