Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.5.0.2
Condensed Consolidated Statements of Operations - USD ($)
 3 Months Ended 8 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue, net $ 0 $ 0 $ 0 $ 0  
Cost of revenue 0 0 0 0  
Gross profit 0 0 0 0  
Operating expenses:          
General and administrative 357,826 19,984 25,460 399,356  
Professional and consulting fees 237,585 56,500 183,000 419,996  
Total operating expenses 595,411 76,484 208,460 819,352  
Loss from operations (595,411) (76,484) (208,460) (819,352)  
Other expense 0 0 0 0  
Loss before provision for income taxes (595,411) (76,484) (208,460) (819,352)  
Provision for income taxes 0 0 0 0  
Net (loss) income $ (595,411) $ (76,484) $ (208,460) $ (819,352) $ 208,460
Net loss per share, basic and diluted $ (0.11) $ (0.01) $ (0.04) $ (0.15) $ (0.04)
Weighted average shares used to compute net loss per share, basic and diluted 5,289,882 5,289,136 5,289,136 5,289,221 5,289,136
CFFC Promotions, LLC [Member]          
Revenue, net $ 120,012 $ 169,388   $ 431,919 $ 585,499
Cost of revenue 107,371 105,580   336,714 387,059
Gross profit 12,641 63,808   95,205 198,440
Operating expenses:          
General and administrative 18,054 14,219   65,265 70,758
Professional and consulting fees 0 13,500   7,500 13,500
Depreciation 453 1,338   1,359 2,678
Total operating expenses 18,507 29,057   74,124 86,936
Net (loss) income (5,866) 34,751   21,081 111,504
HOOSIER FIGHT PROMOTIONS LLC [Member]          
Revenue, net 52,625 40,640   192,987 128,410
Cost of revenue 32,026 27,344   132,840 86,983
Gross profit 20,599 13,296   60,147 41,427
Operating expenses:          
General and administrative 3,893 892   12,799 5,250
Professional and consulting fees 0 0   7,790 11,800
Depreciation 66 66   200 200
Total operating expenses 3,959 958   20,789 17,250
Net (loss) income 16,640 12,338   39,358 24,177
PUNCH DRUNK INC [Member]          
Revenue, net 30,678 52,795   89,703 218,300
Cost of revenue 24,205 24,268   50,333 84,232
Gross profit 6,473 28,527   39,370 134,068
Operating expenses:          
General and administrative 13,961 31,286   26,944 99,141
Professional and consulting fees 500 6,500   9,400 8,780
Depreciation 1,526 2,158   5,610 7,027
Total operating expenses 15,987 39,944   41,954 114,948
Net (loss) income (9,514) (11,417)   (2,584) 19,120
BANG TIME ENTERTAINMENT, LLC [Member]          
Revenue, net 0 0   302,274 275,938
Cost of revenue 0 0   203,810 187,616
Gross profit 0 0   98,464 88,322
Operating expenses:          
General and administrative 2,825 3,923   15,500 15,077
Professional and consulting fees 0 5,000   7,500 5,000
Depreciation 0 149   142 446
Total operating expenses 2,825 9,072   23,142 20,523
Net (loss) income (2,825) (9,072)   75,322 67,799
V3 Fights [Member]          
Revenue, net 20,104 32,610   97,050 128,110
Cost of revenue 10,304 25,500   61,820 106,508
Gross profit 9,800 7,110   35,230 21,602
Operating expenses:          
General and administrative 5,092 7,711   18,015 28,439
Professional and consulting fees 390 8,280   9,540 9,750
Total operating expenses 5,482 15,991   27,555 38,189
Net (loss) income 4,318 (8,881)   7,675 (16,587)
Go Fight Net, Inc [Member]          
Revenue, net 63,133 100,598   339,790 416,533
Cost of revenue 65,920 79,412   230,774 256,852
Gross profit (2,787) 21,186   109,016 159,681
Operating expenses:          
General and administrative 39,632 41,737   124,631 124,879
Professional and consulting fees 0 5,245   10,180 9,580
Depreciation 6,936 9,122   20,808 27,366
Total operating expenses 46,568 56,104   155,619 161,825
Net (loss) income (49,355) (34,918)   (46,603) (2,144)
Cagetix LLC [Member]          
Revenue, net 48,183 19,003   105,611 54,676
Operating expenses:          
Total operating expenses 4,377 9,899   21,748 14,677
Net (loss) income $ 43,806 $ 9,104   $ 83,863 $ 39,999