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WPS, Inc. – ‘10-Q/A’ for 6/30/11 – ‘EX-101.INS’

On:  Friday, 9/9/11, at 11:43am ET   ·   For:  6/30/11   ·   Accession #:  1451653-11-4   ·   File #:  333-161454

Previous ‘10-Q’:  ‘10-Q’ on 8/18/11 for 6/30/11   ·   Latest ‘10-Q’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size

 9/09/11  WPS, Inc.                         10-Q/A      6/30/11   18:707K

Amendment to Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q/A      Amendment to Quarterly Report                       HTML    251K 
10: R1          Document and Entity Information                     HTML     34K 
16: R2          Balance Sheets                                      HTML     53K 
 8: R3          Statements of Income                                HTML     48K 
 9: R4          Statements of Cash Flows                            HTML     53K 
14: R5          Organization, Consolidation and Presentation of     HTML     17K 
                Financial Statements                                             
12: R6          Accounting Policies                                 HTML     13K 
15: R7          Debt                                                HTML     13K 
11: R8          Subsequent Events                                   HTML     11K 
17: XML         IDEA XML File -- Filing Summary                      XML     23K 
18: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS     29K 
 2: EX-101.INS  XBRL Instance -- wpsi-20110630                       XML     70K 
 4: EX-101.CAL  XBRL Calculations -- wpsi-20110630_cal               XML     13K 
 5: EX-101.DEF  XBRL Definitions -- wpsi-20110630_def                XML     80K 
 6: EX-101.LAB  XBRL Labels -- wpsi-20110630_lab                     XML    146K 
 7: EX-101.PRE  XBRL Presentations -- wpsi-20110630_pre              XML    105K 
 3: EX-101.SCH  XBRL Schema -- wpsi-20110630                         XSD     22K 
13: ZIP         XBRL Zipped Folder -- 0001451653-11-000004-xbrl      Zip     16K

‘EX-101.INS’   —   XBRL Instance — wpsi-20110630

This Exhibit is an XBRL XML File.

                                                                                                                                                                                
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<us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic unitRef="USD" contextRef="Y11Q2" decimals="INF"> -4111 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic>
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<us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic unitRef="USD" contextRef="D110101_110630" decimals="INF"> -29390 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic>
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<us-gaap:IncreaseDecreaseInNotesPayableRelatedParties unitRef="USD" contextRef="D110101_110630" decimals="INF"> 25000 </us-gaap:IncreaseDecreaseInNotesPayableRelatedParties>
<us-gaap:IncreaseDecreaseInNotesPayableRelatedParties unitRef="USD" contextRef="D100101_100630" decimals="INF"> 3040 </us-gaap:IncreaseDecreaseInNotesPayableRelatedParties>
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<us-gaap:BasisOfAccounting contextRef="Y11Q2">
<!--egx--><p>NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</p> <p> </p> <p>The accompanying financial statements have been prepared by the Company without audit.  In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at June 30, 2011, and for all periods presented herein, have been made.</p> <p> </p> <p>Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted.  It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's December 31, 2010 audited financial statements.  The results of operations for the period ended June 30, 2011 and 2010 are not necessarily indicative of the operating results for the full year.</p>
</us-gaap:BasisOfAccounting>
<us-gaap:LiquidityDisclosureGoingConcernNote contextRef="Y11Q2">
<!--egx--><p>NOTE 2 - GOING CONCERN</p> <p> </p> <p>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 and 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 it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.</p> <p> </p> <p>In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management's plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.</p> <p> </p> <p>The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.</p>
</us-gaap:LiquidityDisclosureGoingConcernNote>
<us-gaap:SignificantAccountingPoliciesTextBlock contextRef="Y11Q2">
<!--egx--><p>NOTE 3 – SIGNIFICANT ACCOUNTING POLICIES</p> <p> </p> <p>Use of Estimates</p> <p> </p> <p>The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</p> <p> </p> <p>Recent Accounting Pronouncements</p> <p> </p> <p>The Company has evaluated recent accounting pronouncements and their adoption has not had or is not expected to have a material impact on the Company’s financial position or statements.</p>
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<us-gaap:DebtDisclosureTextBlock contextRef="Y11Q2">
<!--egx--><p>NOTE 4 - RELATED PARTY NOTE</p> <p> </p> <p>The principal shareholder of the Company has advanced the corporation $40,029.  The note bears interest at 10%, is unsecured, and due and payable upon demand.  As of June 30, 2011 accrued interest payable totaled $1,406.</p>
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<us-gaap:SubsequentEventsTextBlock contextRef="Y11Q2">
<!--egx--><p>NOTE 5 – SUBSEQUENT EVENTS</p> <p> </p> <p>In accordance with ASC 855-10, the Company’s management has reviewed all material events there are no material subsequent events to report.</p>
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<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001451653 </identifier>
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<period>
<startDate> 2011-04-01 </startDate>
<endDate> 2011-06-30 </endDate>
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<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001451653 </identifier>
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<instant> 2011-06-30 </instant>
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<context id="E10">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001451653 </identifier>
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<period>
<instant> 2010-12-31 </instant>
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<identifier scheme="http://www.sec.gov/CIK"> 0001451653 </identifier>
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<identifier scheme="http://www.sec.gov/CIK"> 0001451653 </identifier>
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<context id="D100101_100630">
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<endDate> 2010-06-30 </endDate>
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<context id="D081117_110630">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001451653 </identifier>
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<period>
<startDate> 2008-11-17 </startDate>
<endDate> 2011-06-30 </endDate>
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<context id="E10Q2">
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<identifier scheme="http://www.sec.gov/CIK"> 0001451653 </identifier>
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<period>
<instant> 2009-12-31 </instant>
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<unit id="USD">
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<unit id="Shares">
<measure> shares </measure>
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<unit id="UsdPerShare">
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<unitNumerator>
<measure> iso4217:USD </measure>
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<unitDenominator>
<measure> shares </measure>
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</unit>
</xbrl>

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