Emav (RVNW) 10-Q 13 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 13, 2014
Document and Entity Information:	'	'
Entity Registrant Name	'EMAV HOLDINGS, INC.	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Entity Central Index Key	'0001076744	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	51,577,565
Entity Filer Category	'Smaller Reporting Company	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well-known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Jun. 30, 2014	Dec. 31, 2013
Current Assets:	'	'
Cash and cash equivalents	$31,817	$125,450
Prepaid expenses	6,000	'
Total Current Assets	37,817	125,450
Property and equipment, net	38,376	2,289
Total Assets	76,193	127,739
Current liabilities:	'	'
Accounts payable	9,000	14,000
Accrued liabilities	2,807	2,192
Deposit for future issuance of common stock	'	30,000
Notes payable, current portion, net of debt discount of $15,223 and $16,364, at June 30, 2014 and December 31, 2013, respectively	26,858	25,419
Total Current Liabilities	38,666	71,611
Note payable, net of current portion, net of debt discount of $30,280 and $4,091 at June 30, 2014 and December 31, 2013, respectively	36,985	4,177
Total Liabilities	75,650	75,788
Commitments and contingencies (Note 6)	'	'
Stockholders' Equity	'	'
Common stock, $0.001 par value, 300,000,000 shares authorized; 51,577,565 shares and 51,002,565 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively	51,578	51,003
Additional paid in capital	1,342,523	1,075,598
Accumulated deficit	-1,393,558	-1,074,650
Total Stockholders' Equity	543	51,951
Total Liabilities and Stockholders' Equity	$76,193	$127,739

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets Parenthetical (USD $)	Jun. 30, 2014	Dec. 31, 2013
Condensed Consolidated Balance Sheets Parenthetical	'	'
Debt Discount Current	$15,223	$16,364
Debt Discount NonCurrent	$30,280	$4,091
Common stock par value	$0.00	$0.00
Common stock shares authorized	300,000,000	300,000,000
Common stock shares issued	51,577,565	51,002,565
Common stock shares outstanding	51,577,565	51,002,565

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Condensed Consolidated Statements of Operations	'	'	'	'
Revenues	'	'	'	'
Cost of goods sold	'	'	'	'
Gross Profit (Loss)	'	'	'	'
Depreciation	3,327	0	4,821	0
General and administrative	104,869	64,827	304,064	85,900
Total Operating Expenses	108,196	64,827	308,885	85,900
Operating Loss from Operations	-108,196	-64,827	-308,885	-85,900
Interest expense	-5,012	-384	-10,023	-384
Total Other Income (Expenses)	-5,012	-384	-10,023	-384
Loss from Continuing Operations before Income Taxes	-113,208	-65,211	-318,908	-86,284
Provision for income tax	'	'	'	'
Net loss	($113,208)	($65,211)	($318,908)	($86,284)
Basic and diluted net loss per share	$0	$0	($0.01)	$0
Weighted average number of shares outstanding	51,517,807	37,680,839	51,305,300	37,623,598

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended	6 Months Ended		13 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014
Cash Flows from Operating Activities:	'	'	'	'
Net loss	($113,208)	($318,908)	($86,284)	'
Adjustment to reconcile net loss to net cash used in operating activities:	'	'	'	'
Depreciation	3,327	4,821	0	'
Amortization of debt discount	4,091	8,185	'	17,727
Changes in operating assets and liabilities:	'	'	'	'
Change in Advances receivable	'	'	-4,837	'
Change in Prepaid expenses	'	-6,000	'	'
Change in Accounts payable	'	-5,000	'	'
Change in Accrued liabilities	'	615	333	'
Net cash used in operating activities	-316,287	-316,287	-90,788	'
Cash Flows from Investing Activities:	'	'	'	'
Purchase of property and equipment	'	-40,908	'	'
Net cash used in investing activities	'	-40,908	'	'
Cash Flows from Financing Activities:	'	'	'	'
Cash proceeds from sale of stock	'	237,500	89,400	'
Cash proceeds from line of credit, net of payments	'	'	-17	'
Cash proceeds from short term loan, net of payments	'	'	-500	'
Cash proceeds from note payable	'	40,000	53,000	'
Cash payments against note payable	'	-13,938	-2,949	'
Net cash provided by financing activities	'	263,562	138,934	'
Net increase (decrease) in cash and cash equivalents	'	-93,633	48,146	'
Cash and cash equivalents, beginning of the period	'	125,450	'	'
Cash and cash equivalents, end of the period	31,817	31,817	48,146	31,817
Cash paid for income taxes	'	'	'	'
Cash paid for interest	'	1,223	'	'
Issuance of common stock in conjunction with note payable	'	$30,000	'	'

Note_1_Nature_of_Operations_an

Note 1 - Nature of Operations and Going Concern	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 1 - Nature of Operations and Going Concern	'
	NOTE 1 – Nature of Operations and Going Concern
	As used herein and except as otherwise noted, the term “Company”, “it(s)”, “our”, “us”, “we” and “EMAV” shall mean EMAV Holdings, Inc., a Delaware corporation, and its wholly-owned consolidated subsidiary Electric Motors and Vehicles Company.
	EMAV Holdings, Inc. was originally incorporated on May 14, 1987 in Florida as Ventura Promotion Group, Inc. The Company became a public company in July 1998 and on November 12, 1998 changed its name to American Surface Technologies International, Inc. In September 2001, the State of Florida administratively dissolved the Company for not maintaining proper filings with the state and not paying franchise tax fees. In 2006, the Company changed its name to Global Environmental, Inc.  In December 2007, the Company re-domiciled to Delaware and on August 27, 2008, changed its name to Ravenwood Bourne, Ltd.  Effective September 30, 2011, the Company changed its name to PopBig, Inc.
	On December 26, 2013, the Company changed its name to EMAV Holdings, Inc. and entered into a merger agreement to acquire Electric Motors and Vehicles Company, a Delaware corporation (“EMAVC”). The merger was completed on December 27, 2013 and is being accounted for as a reverse merger and recapitalization in which EMAVC is deemed to be the accounting acquirer. Consequently, the assets and liabilities and the operations that will be reflected in the historical financial statements prior to the merger will be those of EMAVC and will be recorded at the historical cost basis of EMAVC, and the consolidated financial statements subsequent to completion of the merger include the assets and liabilities of EMAV and EMAVC, and the operations of the combined Company from the closing date of the merger. The Company elected to change its fiscal year end to be December 31.
	EMAVC was formed under the laws of Delaware on March 11, 2010. EMAVC’s principal business is electric vehicle manufacturing and sales. It will design, assemble, and sell premium electric rugged sport adventure consumer vehicles and commercial electric vehicles. EMAVC will deploy a unique approach to build and bring its vehicles to market. Rather than creating a new vehicle and building out a new distribution network, EMAVC will use the four-door Jeep Wrangler as the platform for its signature electric vehicle. EMAVC will then sell its consumer vehicles directly through Jeep dealerships; its commercials vehicles will be sold directly too users.
	The accompanying unaudited interim condensed financial statements as of June 30, 2014 and 2013 of EMAV Holdings, Inc. and Subsidiary have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's Form 10-K originally filed with the SEC on April 15, 2014. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for future quarters or for the full year. Notes to the financial statements which substantially duplicate the disclosure contained in the audited financial statements for fiscal 2013 as reported in the Form 10-K have been omitted.
	The Company’s unaudited consolidated 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 the satisfaction of liabilities in the normal course of business. The Company has not yet established a stable ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary financing to continue operations, and the attainment of profitable operations. The Company incurred a net loss of $318,908 for the six months ended June 30, 2014, used net cash in operating activities of $316,287 and has an accumulated deficit of $1,393,558 as of June 30, 2014. The Company had a working capital deficit of $848 and total stockholders’ equity of $543 as of June 30, 2014. These factors, among others, raise a substantial doubt regarding the Company’s ability to continue as a going concern. If the Company is unable to obtain adequate capital, it could be forced to cease operations. The accompanying unaudited consolidated condensed financial statements do not include any adjustments to reflect the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Note_2_Significant_Accounting_

Note 2 - Significant Accounting Policies	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 2 - Significant Accounting Policies	'
	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The following summary of significant accounting policies of the Company is presented to assist in the understanding of the Company’s unaudited consolidated financial statements. The unaudited consolidated financial statements and notes are the representation of the Company’s management who is responsible for their integrity and objectivity. The unaudited consolidated financial statements of the Company conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”).
	Principles of Consolidation
	The accompanying unaudited consolidated financial statements include the accounts of the Company, and its wholly-owned subsidiary EMAVC. All intercompany balances and transactions are eliminated in consolidation.
	Use of Estimates
	The preparation of unaudited consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
	Revenue Recognition
	The Company recognizes revenues when persuasive evidence of an arrangement exists; delivery has occurred; price is fixed or determinable; and collectability of the related receivable is reasonably assured. The Company closely follows the provisions of ASC 605 “Revenue Recognition”, which includes the guidelines of Staff Accounting Bulletin No. 104 as described above.
	Earnings (Loss) Per Common Share
	The Company computes net earnings (loss) per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted net earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. For the six months ended June 30, 2014 and 2013, there were no potentially dilutive common shares outstanding during the period. Outstanding warrants to purchase 2,500,000 shares of common stock were excluded from this calculation as their effect would be anti-dilutive due to the reported net losses in each period.
	Recent Accounting Pronouncements
	On June 10, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation (“ASU 2014-10”).  ASU 2014-10 eliminates the requirement to present inception-to-date information about income statement line items, cash flows, and equity transactions, and clarifies how entities should disclose the risks and uncertainties related to their activities. ASU 2014-10 also eliminates an exception provided to development stage entities in Consolidations (ASC Topic 810) for determining whether an entity is a variable interest entity on the basis of the amount of investment equity that is at risk. The presentation and disclosure requirements in Topic 915 are no longer required for interim and annual reporting periods beginning after December 15, 2014, however, early adoption is permitted. The Company adopted the provisions of ASU 2014-10 for this quarterly report on Form 10-Q for the period ended June 30, 2014.
	The Company qualifies as an “emerging growth company” under the 2012 JOBS Act. Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. As an emerging growth company, we can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. Except for the early adoption of ASU 2014-10, as discussed above, we have elected to take advantage of the benefits of this extended transition period.
	The Company has implemented all new accounting pronouncements that are in effect and that may impact its unaudited consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Note_3_Property_and_Equipment

Note 3 - Property and Equipment	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 3 - Property and Equipment	'
	NOTE 3 – PROPERTY AND EQUIPMENT
	Property and equipment consists of:
			30-Jun		December 31,
			2014		2013
			(Unaudited)
	Property and equipment	$	43,405	$	2,497
	Less: accumulated depreciation		(5,029)		(208)
	Property and equipment, net	$	38,376	$	2,289
	Depreciation expense for the three months and six months ended June 30, 2014 and 2013 was $3,327 and $4,821 and $0 and $0, respectively.

Note_4_Note_Payable

Note 4 - Note Payable	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 4 - Note Payable	'
	NOTE 4 – NOTES PAYABLE
	Notes payable consists of:
			June 30,		December 31,
			2014		2013
			(Unaudited)
	Stockholder note payable, principal balance $40,000, unsecured, 5% stated annual interest, monthly interest only payments from September 2014 to April 2015, 24 fixed monthly payments of $3,290 from May 2015 to April 2017. Original discount of $33,233 applied to normalize interest to 5% will be amortized over the loan term.	$	73,233	$	-
	Stockholder note payable, principal balance of $53,000, unsecured, interest bearing, monthly payment of $3,790 starting February 1, 2014, due April 1, 2015		36,113		50,051
		$	109,346	$	50,051
	Note payable - current portion		42,081		41,783
	Note payable - long term portion	$	67,265	$	8,268
	Debt discount- current portion	$	15,223	$	16,364
	Debt discount- long term portion	$	30,280	$	4,091
	On June 18, 2014, the Company executed a promissory note (the “Note 1”) with a stockholder lender in the principal amount of $40,000. The terms of the Note 1 require the Company to make (a) monthly interest only payments (5% annual rate) starting on September 18, 2014; (b) twenty-four (24) payments of $3,290.35 each, including principal and interest, beginning May 18, 2015 through April 18, 2017, at which time the entire principal amount, plus any and all accrued interest shall be due and payable; and, (c) in the event of an investment or series of related investments of at least $5,000,000 before April 18, 2017, then the entire principal balance and all accrued and unpaid interest shall be due in full in addition to a $5,000 prepayment penalty.  In connection with the issuance of Note 1, the Company has recorded a debt discount of $33,233 applied to normalize interest to 5% which will be amortized as interest expense over the life of the Note 1.  The Company has recognized interest expense of $0 for amortization of debt discount related to Note 1 for the three months ended June 30, 2014. The unamortized portion of debt discount was $33,233 at June 30, 2014.
	On May 23, 2013, the Company executed a promissory note (the “Note 2”) with a stockholder in the principal amount of $53,000. The terms of the Note 2 required the Company to make (a) a principal payment of $3,000 on or before June 6, 2013, and (b) fifteen (15) monthly payments of $3,790 each, including principal and interest, beginning February 2014 through April 2015, at which time the entire principal amount, plus any and all accrued interest shall be due and payable.
	The Company has recorded interest expense of $921 and $1,838 for the three months and six months ended June 30, 2014 and $384 and $384 for the comparable periods in 2013. The Company has recorded accrued interest of $2,807 as of June 30, 2014.
	As additional consideration and not as additional interest, the Company agreed to issue 100,000 shares of restricted common stock at its fair value of $30,000 to the stockholder upon execution of Note 2. As of December 31, 2013, the Company had not issued the 100,000 shares of its common stock and as such the value of shares to be issued was reflected as a liability in the balance sheet at that date. The Company has formally issued the shares during the six months period ended June 30, 2014.
	In connection with the issuance of the Note 2, the Company has recorded a debt discount in the amount of $30,000 which is being amortized to interest expense over the life of the Note. The Company has recognized interest expense of $4,091 and $8,185 related to the amortization of debt discount related to Note 2 for the three months and six months ended June 30, 2014, respectively. The Company has recorded interest expense of $17,727 from May 23, 2013 to June 30, 2014, respectively, related to the amortization of debt discount related to Note 2. The net stock value of the unamortized portion of the debt discount was $12,271 and $16,364 at June 30, 2014 and 2013, respectively.
	The Company has recorded total interest expense, including amortization of debt discount, of $5,012 and $10,023 for the three months and six months ended June 30, 2014, respectively, and $384 and $384 for comparable periods in 2013, respectively.

Note_5_Related_Party_Transacti

Note 5 - Related Party Transactions	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 5 - Related Party Transactions	'
	NOTE 5 – RELATED PARTY TRANSACTIONS
	In April 2010, the Company entered into a verbal agreement with its chief technology officer for providing business consulting and marketing services to the Company. No fixed compensation was agreed at the time of the verbal agreement. The Company has recorded consulting expense of $21,500 and $54,100 for the three months and six months ended June 30, 2014, and $2,000 and $6,000 for the comparable periods in 2013. There were no amounts due under this arrangement as of June 30, 2014 or December 31, 2013.
	The Company has engaged an entity owned by the Chief Executive Officer/director of the Company to provide business advisory, consulting, and legal services. The Company has recorded an expense of $13,500 and $35,000 for consulting services for the three months and six months ended June 30, 2014, and $2,011 and $12,011 for the comparable periods in 2013. There were no amounts due under this arrangement as of June 30, 2014 or December 31, 2013.

Note_6_Commitments_and_Conting

Note 6 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 6 - Commitments and Contingencies	'
	NOTE 6 – COMMITMENTS AND CONTINGENCIES
	Settlement of litigation
	The Company entered into an agreement for public relations services (the “Agreement”) with an unrelated third party (“DLC”) in September 2010. The Company disputed the quality of the services rendered and failed to tender final payment under the Agreement. DLC initiated legal action against the Company in January 2012 for collection under the Agreement. The Company did not have the resources to contest the action, so a default judgment was entered against the Company in favor of DLC in July 2012 in the amount of $14,425. Thereafter, DLC sought to collect on the judgment, and the total amount claimed by DLC grew to over $25,000 as DLC was entitled to collect attorney’s fees under the Agreement.
	In October 2013, the entire Agreement with DLC was negotiated and settled requiring the Company to pay DLC $3,000 in November 2013 and $1,000 per month for the next 12-month period. The Company agreed not to contest DLC’s ownership of 80,000 shares of the Company’s stock. The Company had recorded a liability and an expense of $15,000 as a result of this litigation in its consolidated financial statements as of December 31, 2010. As of June 30, 2014, the remaining liability on the settlement of $7,000 is included in accounts payable in the accompanying condensed consolidated financial statements. Subsequent to June 30, 2014, the Company plans on paying $3,000 to DLC for the months of May, June and July 2014, which DLC has yet to demand.
	Legal Costs and Contingencies
	In the normal course of business, the Company incurs costs to hire and retain external legal counsel to advise it on regulatory, litigation and other matters. The Company expenses these costs as the related services are received.
	If a loss is considered probable and the amount can be reasonable estimated, the Company recognizes an expense for the estimated loss.  If the Company has the potential to recover a portion of the estimated loss from a third party, the Company makes a separate assessment of recoverability and reduces the estimated loss if recovery is also deemed probable.

Note_7_Equity_Transactions

Note 7 - Equity Transactions	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 7 - Equity Transactions	'
	NOTE 7 - EQUITY TRANSACTIONS
	The Company’s capitalization at June 30, 2014 was 300,000,000 authorized common shares with a par value of $0.001, and 10,000,000 authorized preferred shares with a par value of $0.001.
	Common stock
	During the six months ended June 30, 2014, the Company sold 475,000 shares of its common stock at $0.50 per share and received total cash consideration of $237,500. All the common shares were sold to accredited investors pursuant to separate Private Placements. In addition, as discussed in Note 4, on March 31, 2014, the Company issued 100,000 shares of its common stock to a third party lender as additional consideration in conjunction with providing cash proceeds of $53,000 as loan to the Company on May 23, 2013. The common shares issued were valued at their fair value of $30,000 to the third party lender.
	Warrants
	In April 2010, the Company granted three individuals, warrants to purchase 2,500,000 shares of common stock at an exercise price of $0.25 per share as compensation in connection with the individuals providing introductions for raising capital for the Company. The warrants have a six year term and expire in April 2016. The fair value of 2,500,000 warrants at the original issue date was estimated to be $1,077,927 using a Black-Scholes option pricing model with an expected life of 6 years, a risk free interest rate of 2.96%, a dividend yield of 0%, and an expected volatility of 100%. The expected volatility was estimated to be 100% since the Company's stock is not traded and no historical volatility data is available. As these services were provided as part of the Company’s equity funding, the value of the warrants were recorded within equity as part of the accounting for the related equity transactions.
	The Company has not established a stock option plan nor has issued any stock options outstanding as of June 30, 2014.
	As a result of all common stock issuances, the total common shares issued and outstanding at June 30, 2014 were 51,577,565.
	Preferred Stock
	At June 30, 2014, the Company had zero shares of preferred stock issued or outstanding.

Note_8_Concentration_of_Credit

Note 8 - Concentration of Credit Risk	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 8 - Concentration of Credit Risk	'
	NOTE 8 - CONCENTRATION OF CREDIT RISK
	The Company maintains its cash in bank and financial institution deposits that at times may exceed federally insured limits. The Company has not experienced any losses related to this in any such accounts. The Company’s bank balances did not exceed FDIC insured amounts as of June 30, 2014 and 2013, respectively.

Note_9_Subsequent_Events

Note 9 - Subsequent Events	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 9 - Subsequent Events	'
	NOTE 9 – SUBSEQUENT EVENTS
	On or around June 25, 2014, the Company engaged Lamnia International, LLC to provide investor relations and investor communications services. The engagement is on a month-to-month basis. The Company paid $6,000 in advance for the services to be rendered in July 2014. The Company is obligated to issue to Lamnia International, LLC 250,000 shares of restricted common stock. The shares have not yet been issued though the Company intends to issue the shares as soon as possible.

Note_1_Nature_of_Operations_an1

Note 1 - Nature of Operations and Going Concern: Liquidity Disclosure (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Liquidity Disclosure	'
	The Company’s unaudited consolidated 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 the satisfaction of liabilities in the normal course of business. The Company has not yet established a stable ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary financing to continue operations, and the attainment of profitable operations. The Company incurred a net loss of $318,908 for the six months ended June 30, 2014, used net cash in operating activities of $316,287 and has an accumulated deficit of $1,393,558 as of June 30, 2014. The Company had a working capital deficit of $848 and total stockholders’ equity of $543 as of June 30, 2014. These factors, among others, raise a substantial doubt regarding the Company’s ability to continue as a going concern. If the Company is unable to obtain adequate capital, it could be forced to cease operations. The accompanying unaudited consolidated condensed financial statements do not include any adjustments to reflect the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Note_2_Significant_Accounting_1

Note 2 - Significant Accounting Policies: Principles of Consolidation (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Principles of Consolidation	'
	Principles of Consolidation
	The accompanying unaudited consolidated financial statements include the accounts of the Company, and its wholly-owned subsidiary EMAVC. All intercompany balances and transactions are eliminated in consolidation.

Note_2_Significant_Accounting_2

Note 2 - Significant Accounting Policies: Use of Estimates (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Use of Estimates	'
	Use of Estimates
	The preparation of unaudited consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

Note_2_Significant_Accounting_3

Note 2 - Significant Accounting Policies: Revenue Recognition (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Revenue Recognition	'
	Revenue Recognition
	The Company recognizes revenues when persuasive evidence of an arrangement exists; delivery has occurred; price is fixed or determinable; and collectability of the related receivable is reasonably assured. The Company closely follows the provisions of ASC 605 “Revenue Recognition”, which includes the guidelines of Staff Accounting Bulletin No. 104 as described above.

Note_2_Significant_Accounting_4

Note 2 - Significant Accounting Policies: Earnings (loss) Per Common Share (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Earnings (loss) Per Common Share	'
	Earnings (Loss) Per Common Share
	The Company computes net earnings (loss) per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted net earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. For the six months ended June 30, 2014 and 2013, there were no potentially dilutive common shares outstanding during the period. Outstanding warrants to purchase 2,500,000 shares of common stock were excluded from this calculation as their effect would be anti-dilutive due to the reported net losses in each period.

Note_2_Significant_Accounting_5

Note 2 - Significant Accounting Policies: Recent Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	On June 10, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation (“ASU 2014-10”).  ASU 2014-10 eliminates the requirement to present inception-to-date information about income statement line items, cash flows, and equity transactions, and clarifies how entities should disclose the risks and uncertainties related to their activities. ASU 2014-10 also eliminates an exception provided to development stage entities in Consolidations (ASC Topic 810) for determining whether an entity is a variable interest entity on the basis of the amount of investment equity that is at risk. The presentation and disclosure requirements in Topic 915 are no longer required for interim and annual reporting periods beginning after December 15, 2014, however, early adoption is permitted. The Company adopted the provisions of ASU 2014-10 for this quarterly report on Form 10-Q for the period ended June 30, 2014.
	The Company qualifies as an “emerging growth company” under the 2012 JOBS Act. Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. As an emerging growth company, we can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. Except for the early adoption of ASU 2014-10, as discussed above, we have elected to take advantage of the benefits of this extended transition period.
	The Company has implemented all new accounting pronouncements that are in effect and that may impact its unaudited consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Note_4_Note_Payable_Schedule_o

Note 4 - Note Payable: Schedule of note payable (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Schedule of note payable	'
	Notes payable consists of:
			June 30,		December 31,
			2014		2013
			(Unaudited)
	Stockholder note payable, principal balance $40,000, unsecured, 5% stated annual interest, monthly interest only payments from September 2014 to April 2015, 24 fixed monthly payments of $3,290 from May 2015 to April 2017. Original discount of $33,233 applied to normalize interest to 5% will be amortized over the loan term.	$	73,233	$	-
	Stockholder note payable, principal balance of $53,000, unsecured, interest bearing, monthly payment of $3,790 starting February 1, 2014, due April 1, 2015		36,113		50,051
		$	109,346	$	50,051
	Note payable - current portion		42,081		41,783
	Note payable - long term portion	$	67,265	$	8,268
	Debt discount- current portion	$	15,223	$	16,364
	Debt discount- long term portion	$	30,280	$	4,091

Note_1_Nature_of_Operations_an2

Note 1 - Nature of Operations and Going Concern: Liquidity Disclosure (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Details	'	'	'	'	'
Net loss	$113,208	$65,211	$318,908	$86,284	'
Net cash used in operating activities	316,287	'	316,287	90,788	'
Accumulated deficit	1,393,558	'	1,393,558	'	'
Total Stockholders' Equity (Deficit)	$543	'	$543	'	$51,951

Note_2_Significant_Accounting_6

Note 2 - Significant Accounting Policies: Earnings (loss) Per Common Share (Details)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Details	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,500,000	2,500,000

Note_3_Property_and_Equipment_

Note 3 - Property and Equipment: Schedule of property and equipment (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Details	'	'
Property, Plant and Equipment, Gross	$43,405	$2,497
Property, Plant and Equipment, Other, Accumulated Depreciation	-5,029	-208
Property and equipment, net	$38,376	$2,289

Note_3_Property_and_Equipment_1

Note 3 - Property and Equipment (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Details	'	'	'	'
Depreciation	$3,327	$0	$4,821	$0

Note_4_Note_Payable_Schedule_o1

Note 4 - Note Payable: Schedule of note payable (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Other Notes Payable	$109,346	$50,051
Other Notes Payable, Current	42,081	41,783
Other Notes Payable, Noncurrent	67,265	8,268
Debt Discount Current	15,223	16,364
Debt Discount NonCurrent	30,280	4,091
Notes Payable 1	'	'
Other Notes Payable	73,233	'
Notes Payable 2	'	'
Other Notes Payable	$36,113	$50,051

Note_4_Note_Payable_Details

Note 4 - Note Payable (Details) (USD $)	3 Months Ended		6 Months Ended		13 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014
Interest Expense, Debt	$921	$384	$1,838	$384	'
Accrued Liabilities, Current	2,807	'	2,807	'	2,807
Amortization of debt discount	4,091	'	8,185	'	17,727
Interest expense	$5,012	$384	$10,023	$384	'

Note_5_Related_Party_Transacti1

Note 5 - Related Party Transactions (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Details	'	'	'	'
Consulting fees paid to chief technology officer	$21,500	$2,000	$54,100	$6,000
Consulting fees paid to related party	$13,500	$2,011	$35,000	$12,011

Note_6_Commitments_and_Conting1

Note 6 - Commitments and Contingencies (Details) (USD $)	1 Months Ended
	Jul. 31, 2012	Dec. 31, 2010	Jun. 30, 2014
			Remaining Liability on the Settlement
Litigation Settlement, Amount	$14,425	'	'
Estimated Litigation Liability	25,000	'	'
Litigation Settlement, Expense	'	15,000	'
Accounts Payable, Current	'	'	$7,000

Note_7_Equity_Transactions_Det

Note 7 - Equity Transactions (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Common stock shares authorized	300,000,000	300,000,000
Common stock par value	$0.00	$0.00
Preferred Stock, Shares Authorized	10,000,000	'
Preferred Stock, Par or Stated Value Per Share	$0.00	'
Common stock shares issued	51,577,565	51,002,565
Common stock shares outstanding	51,577,565	51,002,565