Document and Entity Information
Document and Entity Information - USD ($) | 12 Months Ended | |
Jun. 30, 2015 | Dec. 31, 2014 | |
Document And Entity Information | ||
Entity Registrant Name | EV Charging USA, INC | |
Entity Central Index Key | 1,083,383 | |
Document Type | 10-K | |
Document Period End Date | Jun. 30, 2015 | |
Amendment Flag | false | |
Current Fiscal Year End Date | --06-30 | |
Is Entity a Well-known Seasoned Issuer? | No | |
Is Entity a Voluntary Filer? | No | |
Is Entity's Reporting Status Current? | Yes | |
Entity Filer Category | Smaller Reporting Company | |
Entity Public Float | $ 3,956 | |
Entity Common Stock, Shares Outstanding | 5,060,155,892 | |
Document Fiscal Period Focus | FY | |
Document Fiscal Year Focus | 2,015 |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) | Jun. 30, 2015 | Jun. 30, 2014 |
CURRENT ASSETS: | ||
Cash | $ 3,467 | $ 320 |
TOTAL CURRENT ASSETS AND ASSETS | 3,467 | 320 |
CURRENT LIABILITIES: | ||
Accrued expenses | 15,488 | $ 3,107 |
Credit card payable | 12,929 | |
Loan payable - related party | 15,000 | $ 5,500 |
Note payable - related party | 375,000 | |
Accrued interest - related party | 358 | $ 52 |
TOTAL CURRENT LIABILITIES AND TOTAL LIABILITIES | $ 418,775 | 8,659 |
STOCKHOLDERS' DEFICIENCY | ||
Preferred stock A, $.001 par value; 5,000,000 shares authorized No shares issued and outstanding; Preferred stock B, $.001 par value; 5,000,000 shares authorized No shares issued and outstanding; Preferred stock D, $.001 par value; 5,000,000 shares authorized None and 2,180,000 issued and outstanding at June 30, 2015 and 2014, respectively | $ 2,180 | |
Common stock, $.001 par value; 6,000,000,000 shares authorized 5,060,155,892 and none issued and outstanding at June 30, 2015 and June 30, 2014, respectively | $ 5,060,156 | |
Additional paid in capital | $ 820 | |
Accumulated Deficit | $ (5,475,464) | (11,339) |
TOTAL STOCKHOLDERS' DEFICIENCY | (415,308) | (8,339) |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY | $ 3,467 | $ 320 |
Series A Preferred Stock [Member] | ||
STOCKHOLDERS' DEFICIENCY | ||
Preferred stock A, $.001 par value; 5,000,000 shares authorized No shares issued and outstanding; Preferred stock B, $.001 par value; 5,000,000 shares authorized No shares issued and outstanding; Preferred stock D, $.001 par value; 5,000,000 shares authorized None and 2,180,000 issued and outstanding at June 30, 2015 and 2014, respectively | ||
TOTAL STOCKHOLDERS' DEFICIENCY | ||
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY | ||
Series B Preferred Stock [Member] | ||
STOCKHOLDERS' DEFICIENCY | ||
Preferred stock A, $.001 par value; 5,000,000 shares authorized No shares issued and outstanding; Preferred stock B, $.001 par value; 5,000,000 shares authorized No shares issued and outstanding; Preferred stock D, $.001 par value; 5,000,000 shares authorized None and 2,180,000 issued and outstanding at June 30, 2015 and 2014, respectively | ||
TOTAL STOCKHOLDERS' DEFICIENCY | ||
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY | ||
Series D Preferred Stock [Member] | ||
STOCKHOLDERS' DEFICIENCY | ||
Preferred stock A, $.001 par value; 5,000,000 shares authorized No shares issued and outstanding; Preferred stock B, $.001 par value; 5,000,000 shares authorized No shares issued and outstanding; Preferred stock D, $.001 par value; 5,000,000 shares authorized None and 2,180,000 issued and outstanding at June 30, 2015 and 2014, respectively | $ 2,180 | |
TOTAL STOCKHOLDERS' DEFICIENCY | 2,180 | |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY | $ 2,180 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - $ / shares | Jun. 30, 2015 | Jun. 30, 2014 |
Common stock, par value per share | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 6,000,000,000 | 6,000,000,000 |
Common stock, shares issued | 5,060,155,892 | |
Common stock, shares outstanding | 5,060,155,892 | |
Series A Preferred Stock [Member] | ||
Preferred stock, par value per share | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
Preferred stock, shares issued | ||
Preferred stock, shares outstanding | ||
Series B Preferred Stock [Member] | ||
Preferred stock, par value per share | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
Preferred stock, shares issued | ||
Preferred stock, shares outstanding | ||
Series D Preferred Stock [Member] | ||
Preferred stock, par value per share | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
Preferred stock, shares issued | 2,180,000 | |
Preferred stock, shares outstanding | 2,180,000 |
Consolidated Statements Of Oper
Consolidated Statements Of Operations - USD ($) | 10 Months Ended | 12 Months Ended |
Jun. 30, 2014 | Jun. 30, 2015 | |
Income Statement [Abstract] | ||
Revenue | $ 4,633 | |
COSTS AND EXPENSES: | ||
General and administrative expenses | $ 11,287 | 36,244 |
Interest expense - related party | 52 | 358 |
Total Cost and expenses | 11,339 | 36,602 |
Loss before provision for income taxes | $ (11,339) | $ (31,969) |
Provision for income taxes | ||
NET LOSS | $ (11,339) | $ (31,969) |
Basic and diluted loss per common share: | $ 0 | $ 0 |
Weighted average number of shares outstanding: | 1,760,707,807 |
Consolidated Statements Of Cash
Consolidated Statements Of Cash Flows - USD ($) | 10 Months Ended | 12 Months Ended |
Jun. 30, 2014 | Jun. 30, 2015 | |
OPERATING ACTIVITIES: | ||
Net loss | $ (11,339) | $ (31,969) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Interest accrued to related party | 52 | 358 |
Changes in operating assets and liabilities | ||
Accrued expenses | $ 3,107 | 12,381 |
Credit card payable | 12,929 | |
NET CASH USED IN OPERATING ACTIVITIES | $ (8,180) | $ (6,301) |
FINANCING ACTIVITIES: | ||
Proceeds from issuance of common stock | $ 3,000 | |
Proceeds from issuance of private placement | $ 25,000 | |
Repayment of note payable related party | (25,000) | |
Proceeds of loan from related party | $ 5,500 | 17,000 |
Repayment of loan and accrued interest from related party | 7,552 | |
NET CASH PROVIDED BY FINANCING ACTIVITIES | $ 8,500 | 9,448 |
INCREASE IN CASH | $ 320 | 3,147 |
CASH - BEGINNING OF PERIOD | 320 | |
CASH - END OF PERIOD | $ 320 | 3,467 |
Non-cash financing activities | ||
Note issued to prior shareholder in connection with reverse merger | $ 400,000 |
Statement Of Stockholders' Defi
Statement Of Stockholders' Deficit - USD ($) | Common Stock [Member] | Series D Preferred Stock [Member] | Additional Paid-in Capital [Member] | Accumulated Deficit [Member] | Total |
Balance preferred stock, shares at Aug. 26, 2013 | 2,180,000 | ||||
Balance value at Aug. 26, 2013 | $ 2,180 | $ 820 | $ 3,000 | ||
Net loss | $ (11,339) | $ (11,339) | |||
Balance common stock, shares at Jun. 30, 2014 | |||||
Balance preferred stock, shares at Jun. 30, 2014 | 2,180,000 | ||||
Balance value at Jun. 30, 2014 | $ 2,180 | $ 820 | (11,339) | $ (8,339) | |
Effect of Reverse Merger, shares | 155,892 | ||||
Effect of Reverse Merger, value | $ 156 | (400,156) | (400,000) | ||
Issuance of Series D preferred stock in a private placement, shares | 350,000 | ||||
Issuance of Series D preferred stock in a private placement, value | $ 350 | $ 24,650 | $ 25,000 | ||
Conversion of Series D preferred stock to Common Stock, shares | 5,060,000,000 | (2,530,000) | |||
Conversion of Series D preferred stock to Common Stock, value | $ 5,060,000 | $ (2,530) | $ (25,470) | (5,032,000) | |
Net loss | (31,969) | $ (31,969) | |||
Balance common stock, shares at Jun. 30, 2015 | 5,060,155,892 | 5,060,155,892 | |||
Balance preferred stock, shares at Jun. 30, 2015 | |||||
Balance value at Jun. 30, 2015 | $ 5,060,156 | $ (5,475,464) | $ (415,308) |
Business Description
Business Description | 12 Months Ended |
Jun. 30, 2015 | |
Accounting Policies [Abstract] | |
Business Description | Note 1 – Business description Business EV Charging USA, Inc. (“the Company”) is in the development stage. The Company’s purpose is to become a leading installer of Electric Vehicle Charging Stations in the state of Illinois. On October 27, 2014, the Company completed an Agreement and Plan of Merger that it had entered into with EV USA Charging, Inc. ("EVUS") under its former corporate name "Milwaukee Iron Arena Football, Inc." In connection with the merger, the sole shareholder of the Company received 2,180,000 shares of Series D Convertible Preferred Stock of EVUS in exchange for his shares of the Company. The merger will be accounted for as a recapitalization of EVUS, whereby the Company will be the accounting acquirer and surviving reporting company. In connection with the merger, EVUS completed a private placement of 350,000 shares of its Series D Convertible Preferred Stock for proceeds of $25,000. Also in connection with the merger, the former president and sole director of EVUS exchanged 5,000,000 shares of Series A Convertible Preferred Stock and 5,000,000 shares of Series B Convertible Preferred Stock of EVUS owned by him and $40,928 of indebtedness owed to him for a convertible promissory note in the amount of $400,000 and the proceeds of the private placement referred to above. |
Significant Accounting Policies
Significant Accounting Policies | 12 Months Ended |
Jun. 30, 2015 | |
Accounting Policies [Abstract] | |
Significant Accounting Policies | Note 2 – Significant accounting policies Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries, all of which are wholly owned. All significant intercompany accounts and transactions have been eliminated in consolidation Use of Estimates The preparation of the financial statements in conformity with Generally Accepted Accounting Principles (“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 dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates. Cash The Company considers all short-term highly liquid investments with an original maturity at the date of purchase of three months or less to be cash equivalents. Start-Up Costs In accordance with ASC 720, “ Start-up Costs”, Fair Value Measurements The Company follows ASC 820, “Fair Value Measurements and Disclosures”, which defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The fair value of cash, accrued expenses and loans payable approximates their carrying amounts because of their immediate or short term maturity. Income Taxes The Company uses the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, “Income Taxes.” Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized. ASC Topic 740.10.30 clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740.10.40 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. We have no material uncertain tax positions for any of the reporting periods presented. Recent Accounting Pronouncements Management has considered all recent accounting pronouncements issued since the last audit of our financial statements. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements. |
Going Concern
Going Concern | 12 Months Ended |
Jun. 30, 2015 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Going Concern | Note 3 – Going Concern The accompanying financial statements have been prepared on a going concern basis, which contemplates the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has generated only minimal revenues since inception, has incurred losses since inception, and its current cash balances will not meet its working capital needs. The continuation of the Company as a going concern is dependent upon, among other things, the continued financial support from its shareholders or the attainment of profitable operations. These factors, among others, raise substantial doubt regarding the Company’s ability to continue as a going concern. There is no assurance that the Company will be able to generate revenues in the future. These financial statements do not give any effect to any adjustments that would be necessary should the Company be unable to continue as a going concern. |
Note Payable - Related Party
Note Payable - Related Party | 12 Months Ended |
Jun. 30, 2015 | |
Debt Disclosure [Abstract] | |
Note Payable - Related Party | Note 4 – Note payable - related party In connection with the merger referred to in note 1, the company issued a promissory note in the amount of $400,000, of which $25,000 has been repaid. It originally bore interest at the rate of 0.38 percent per annum and was due on October 27, 2015, but on January 15, 2015, the note holder and the Company entered into an agreement extending the date on which the promissory note is due to March 31, 2016, and increased its rate to 0.41 percent per annum. The promissory note is subject to acceleration in the event of certain events of default, contains certain restrictive covenants and is secured by a pledge of all of the shares in the Company. If an event of default, as defined in the note, the unpaid principal amount of the promissory note and the interest accrued thereon will be convertible in whole or in part from time to time into an indeterminate number of shares of Common Stock at a conversion price per share equal to 50% of the average of the daily closing prices for a share of Common Stock for the three (3) consecutive trading days ending on the trading day immediately prior to the day on which the promissory note is delivered for conversion. |
Related Party
Related Party | 12 Months Ended |
Jun. 30, 2015 | |
Related Party Transactions [Abstract] | |
Related Party | Note 5 – Related Party The Company has a loan agreement with its shareholder whereby the shareholder will loan the company funds, as required, to operate its business. The term of the loan is indefinite and can be repaid at any time in part or in full. The loan bears interest at 3.25% per annum. During the year ended June 30, 2015 the shareholder has loaned an aggregate of $15,000 to the Company. Interest expense accrued on the loan was $358 during the year ended June 30, 2015. At June 30, 2014, a former officer of the Company had loaned an aggregate amount of $5,500. In July 2014 the officer loaned an additional $2,000. In August 2014 the principal balance of $7,500 plus interest of $52 was repaid. |
Credit Card Payable
Credit Card Payable | 12 Months Ended |
Jun. 30, 2015 | |
Notes to Financial Statements | |
Credit Card Payable | NOTE 6 – Credit card payable The Company utilizes a credit card for working capital purposes. The card has a credit limit of $15,000, $12,929 outstanding at June 30, 2015 and bears interest at 17.99%. |
Stockholders' Equity
Stockholders' Equity | 12 Months Ended |
Jun. 30, 2015 | |
Equity [Abstract] | |
Stockholders' Equity | Note 7 – Stockholders’ Equity In connection with merger referred to in note 1 2,180,000 shares of Series D preferred were issued to the shareholder of the company in the reverse merger. Also in connection with the merger, the Company completed a private placement of 350,000 shares of Series D Convertible Preferred Stock for proceeds of $25,000. On February 23, 2015, the Company’s authorized Common Stock was increased from 500,000,000 to 6,000,000,000 shares and all of the 2,530,000 shares of Series D were converted into 5,060,000,000 shares of Common Stock. |
Income Taxes
Income Taxes | 12 Months Ended |
Jun. 30, 2015 | |
Income Tax Disclosure [Abstract] | |
Income Taxes | Note 8 – Income Taxes The reconciliation of income tax benefit at the U.S. statutory rate of 34% for the periods ended June 30 2015 and 2014 to the Company’s effective tax rate is as follows: 2015 2014 Income tax (benefit) at statutory rate $ (12,000 ) $ (4,250 ) Change in valuation all $ 12,000 $ 4,250 Income tax expense per books $ The tax effects of temporary differences that give rise to the Company’s net deferred tax assets as of June 30, 2015 and 2014 are as follows: 2015 2014 Net Operating Loss $ 16,250 $ 4,250 Valuation allowance (16,250 ) (4,250 ) Net deferred tax asset $ $ The Company has approximately $43,000 of net operating losses (“NOL”) carried forward to offset taxable income in future years which expire commencing in fiscal 2034. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on the assessment, management has established a full valuation allowance against all of the deferred tax asset relating to NOLs for every period because it is more likely than not that all of the deferred tax asset will not be realized |
Subsequent Events
Subsequent Events | 12 Months Ended |
Jun. 30, 2015 | |
Subsequent Events [Abstract] | |
Subsequent Events | Note 9 – Subsequent Events Management has evaluated events occurring after the date of these financial statements through the date that these financial statements were available to be issued. The Company has determined that there are no material subsequent events or transactions which would require recognition or disclosure in the financial statements. |
Significant Accounting Polici16
Significant Accounting Policies (Policies) | 12 Months Ended |
Jun. 30, 2015 | |
Accounting Policies [Abstract] | |
Principles of Consolidation | Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries, all of which are wholly owned. All significant intercompany accounts and transactions have been eliminated in consolidation |
Use of Estimates | Use of Estimates The preparation of the financial statements in conformity with Generally Accepted Accounting Principles (“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 dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates. |
Cash | Cash The Company considers all short-term highly liquid investments with an original maturity at the date of purchase of three months or less to be cash equivalents. |
Start-Up Costs | Start-Up Costs In accordance with ASC 720, “ Start-up Costs”, |
Fair Value Measurements | Fair Value Measurements The Company follows ASC 820, “Fair Value Measurements and Disclosures”, which defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The fair value of cash, accrued expenses and loans payable approximates their carrying amounts because of their immediate or short term maturity. |
Income Taxes | Income Taxes The Company uses the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, “Income Taxes.” Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized. ASC Topic 740.10.30 clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740.10.40 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. We have no material uncertain tax positions for any of the reporting periods presented. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements Management has considered all recent accounting pronouncements issued since the last audit of our financial statements. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements. |
Income Taxes (Tables)
Income Taxes (Tables) | 12 Months Ended |
Jun. 30, 2015 | |
Income Tax Disclosure [Abstract] | |
Schedule of Income Tax Benefit | The reconciliation of income tax benefit at the U.S. statutory rate of 34% for the periods ended June 30 2015 and 2014 to the Company’s effective tax rate is as follows: 2015 2014 Income tax (benefit) at statutory rate $ (12,000 ) $ (4,250 ) Change in valuation all $ 12,000 $ 4,250 Income tax expense per books $ |
Schedule of Deferred Tax Assets | The tax effects of temporary differences that give rise to the Company’s net deferred tax assets as of June 30, 2015 and 2014 are as follows: 2015 2014 Net Operating Loss $ 16,250 $ 4,250 Valuation allowance (16,250 ) (4,250 ) Net deferred tax asset $ $ |
Income Taxes (Schedule Of Incom
Income Taxes (Schedule Of Income Tax Benefit) (Details) - USD ($) | 10 Months Ended | 12 Months Ended |
Jun. 30, 2014 | Jun. 30, 2015 | |
Note 8 - Income Taxes Schedule Of Income Tax Benefit Narrative Details | ||
Income tax (benefit) at statutory rate | $ (4,250) | $ (12,000) |
Change in valuation all | $ 4,250 | $ 12,000 |
Income tax expense per books |
Income Taxes (Schedule Of Net D
Income Taxes (Schedule Of Net Deferred Tax Asets) (Details) - USD ($) | Jun. 30, 2015 | Jun. 30, 2014 |
Note 8 - Income Taxes Schedule Of Net Deferred Tax Assets Narrative Details 2 | ||
Net operating loss | $ 16,250 | $ 4,250 |
Valuation allowance | $ 16,250 | $ 4,250 |
Net deferred tax asset |
Business Description (Narrative
Business Description (Narrative) (Details) - USD ($) | Oct. 27, 2014 | Jun. 30, 2014 | Jun. 30, 2015 |
Proceeds from issuance of private placement | $ 25,000 | ||
Promissory Note Issued for preferred shares exchanged | $ 400,000 | ||
Former President And Sole Share Holder [Member] | EV USA Charging, Inc [Member] | |||
Indebtedness in USA Charging Inc cancelled | $ 40,928 | ||
Promissory Note Issued for preferred shares exchanged | $ 400,000 | ||
Series D Preferred Stock [Member] | |||
Private Placement, shares issued | 350,000 | ||
Proceeds from issuance of private placement | $ 25,000 | ||
Series D Preferred Stock [Member] | Shareholder Member [Member] | |||
Shares issued in merger to the shareholder | 2,180,000 | ||
Series A Preferred Stock [Member] | Former President And Sole Share Holder [Member] | EV USA Charging, Inc [Member] | |||
Exchange of USA Charging Inc preferred shares for promissory note | 5,000,000 | ||
Series B Preferred Stock [Member] | Former President And Sole Share Holder [Member] | EV USA Charging, Inc [Member] | |||
Exchange of USA Charging Inc preferred shares for promissory note | 5,000,000 |
Note Payable - Related Party (N
Note Payable - Related Party (Narrative) (Details) - Former President And Sole Share Holder [Member] - Promissory Note Payable - Related Party [Member] - USD ($) | Jan. 15, 2015 | Oct. 27, 2014 |
Short-term Debt [Line Items] | ||
Interest rate | 0.38% | |
Repayment of loan | $ 25,000 | |
Maturity date | Oct. 27, 2015 | |
Extended maturity date | Mar. 31, 2016 | |
Increased interest rate | 0.41% | |
Conversion terms | If an event of default, as defined in the note, the unpaid principal amount of the promissory note and the interest accrued thereon will be convertible in whole or in part from time to time into an indeterminate number of shares of Common Stock at a conversion price per share equal to 50% of the average of the daily closing prices for a share of Common Stock for the three (3) consecutive trading days ending on the trading day immediately prior to the day on which the promissory note is delivered for conversion. |
Related Party (Narrative) (Deta
Related Party (Narrative) (Details) - USD ($) | 1 Months Ended | 10 Months Ended | 12 Months Ended | |
Aug. 31, 2014 | Jul. 31, 2014 | Jun. 30, 2014 | Jun. 30, 2015 | |
Related Party Transaction [Line Items] | ||||
Proceeds of loan from related party | $ 5,500 | $ 17,000 | ||
Interest accrued to related party | $ 52 | 358 | ||
Repayment of loan and accrued interest from related party | $ 7,552 | |||
Shareholder [Member] | Loan Payable | ||||
Related Party Transaction [Line Items] | ||||
Interest rate | 3.25% | |||
Proceeds of loan from related party | $ 15,000 | |||
Interest accrued to related party | $ 358 | |||
Former Officer | Loan Payable | ||||
Related Party Transaction [Line Items] | ||||
Proceeds of loan from related party | $ 2,000 | $ 5,500 | ||
Repayment of loan and accrued interest from related party | $ 7,500 | |||
Interest paid | $ 52 |
Credit Card Payable (Narrative)
Credit Card Payable (Narrative) (Details) - USD ($) | Jun. 30, 2015 | Jun. 30, 2014 |
Credit card payable | $ 12,929 | |
Credit Card Payable | ||
Credit card limit | 15,000 | |
Credit card payable | $ 12,929 | |
Interest rate | 17.99% |
Stockholders Equity (Narrative)
Stockholders Equity (Narrative) (Details) | Feb. 23, 2015shares |
Series D Preferred Stock [Member] | |
Conversion of preferred stock into common stock shares | 2,530,000 |
Common Stock [Member] | |
Changes in capital structure | The Company’s authorized Common Stock was increased from 500,000,000 to 6,000,000,000 shares |
Conversion of preferred stock into common stock shares | 5,060,000,000 |
Income Taxes (Narrative) (Detai
Income Taxes (Narrative) (Details) | 12 Months Ended |
Jun. 30, 2015USD ($) | |
Income Tax Disclosure [Abstract] | |
Federal statutory income tax rate | 34.00% |
Net operating losses carried forward | $ 43,000 |