Atlas Technology (ATYG) 10-Q 19 Aug 24 2024 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2024	Aug. 15, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity Information [Line Items]
Entity Registrant Name	Saxon Capital Group, Inc./DE
Entity Central Index Key	0001093636
Entity File Number	000-28675
Entity Tax Identification Number	94-3370795
Entity Incorporation, State or Country Code	DE
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Shell Company	true
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	PO Box 147165
Entity Address, City or Town	Lakewood
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80214
Entity Phone Fax Numbers [Line Items]
City Area Code	303
Local Phone Number	323-4896
Entity Listings [Line Items]
Title of 12(b) Security	None
No Trading Symbol Flag	true
Security Exchange Name	NONE
Entity Common Stock, Shares Outstanding		14,981,701,785

Condensed Balance Sheets

Condensed Balance Sheets - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Current Assets
Cash and Cash Equivalents
Total Current Assets
Total Assets
Current Liabilities
Accounts Payable and Accruals	5,845	1,600
Total Current Liabilities	381,036	340,106
Total Liabilities	381,036	340,106
Commitments and Contingencies (Note 7)
Shareholders' Deficit
Preferred stock, value
Common Stock, $0.00001 par value, 15,000,000,000 shares authorized, 14,981,701,785 shares issued and outstanding as of June 30, 2024 and December 31, 2023	149,817	149,817
Additional Paid In Capital	30,635,942	30,635,942
Accumulated Deficit	(31,186,785)	(31,145,855)
Total Shareholders’ Deficit	(381,036)	(340,106)
Total Liabilities and Shareholders' Deficit
Related Party
Current Liabilities
Accruals - Related Parties	264,000	234,000
Note Payable - Related Party	111,191	104,506
Series A Preferred Stock
Shareholders' Deficit
Preferred stock, value	$ 19,990	$ 19,990

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2024	Dec. 31, 2023
Preferred stock, par value (in Dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	24,999,000	24,999,000
Common stock, par value (in Dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized	15,000,000,000	15,000,000,000
Common stock, shares issued	14,981,701,785	14,981,701,785
Common stock, shares outstanding	14,981,701,785	14,981,701,785
Series A Preferred Stock
Preferred stock, par value (in Dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	1,000	1,000
Preferred stock, shares issued	501	501
Preferred stock, shares outstanding	501	501

Condensed Unaudited Statements

Condensed Unaudited Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
REVENUE
OPERATING EXPENSES:
General and administrative expenses	25,250	19,438	40,930	46,717
Total Operating Expenses	25,250	19,438	40,930	46,717
OPERATING LOSS	(25,250)	(19,438)	(40,930)	(46,717)
OTHER INCOME (EXPENSE)
LOSS BEFORE TAXES	(25,250)	(19,438)	(40,930)	(46,717)
TAXES
NET LOSS	$ (25,250)	$ (19,438)	$ (40,930)	$ (46,717)
Net Loss per Common Shares Outstanding – Basic (in Dollars per share)	$ 0	$ 0	$ 0	$ 0
Weighted Average Common Shares Outstanding – Basic (in Shares)	14,981,701,785	14,981,701,785	14,981,701,785	14,981,701,785

Condensed Unaudited Statement_2

Condensed Unaudited Statements of Operations (Parentheticals) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Net Loss per Common Shares Outstanding – Diluted	$ 0	$ 0	$ 0	$ 0
Weighted Average Common Shares Outstanding – Diluted	14,981,701,785	14,981,701,785	14,981,701,785	14,981,701,785

Condensed Unaudited Statement_3

Condensed Unaudited Statements of Changes in Shareholders’ Deficit - USD ($)	Preferred Shares Series A	Common Shares	Additional Paid-In Capital	(Accumulated Deficit)	Total
Balance at Dec. 31, 2022	$ 19,990	$ 149,817	$ 30,635,942	$ (31,053,631)	$ (247,882)
Balance (in Shares) at Dec. 31, 2022	501	14,981,701,785
Net loss for the period				(46,717)	(46,717)
Balance at Jun. 30, 2023	$ 19,990	$ 149,817	30,635,942	(31,100,348)	(294,599)
Balance (in Shares) at Jun. 30, 2023	501	14,981,701,785
Balance at Mar. 31, 2023	$ 19,990	$ 149,817	30,635,942	(31,080,910)	(275,161)
Balance (in Shares) at Mar. 31, 2023	501	14,981,701,785
Net loss for the period				(19,438)	(19,438)
Balance at Jun. 30, 2023	$ 19,990	$ 149,817	30,635,942	(31,100,348)	(294,599)
Balance (in Shares) at Jun. 30, 2023	501	14,981,701,785
Balance at Dec. 31, 2023	$ 19,990	$ 149,817	30,635,942	(31,145,855)	(340,106)
Balance (in Shares) at Dec. 31, 2023	501	14,981,701,785
Net loss for the period				(40,930)	(40,930)
Balance at Jun. 30, 2024	$ 19,990	$ 149,817	30,635,942	(31,186,785)	(381,036)
Balance (in Shares) at Jun. 30, 2024	501	14,981,701,785
Balance at Mar. 31, 2024	$ 19,990	$ 149,817	30,635,942	(31,161,535)	(355,786)
Balance (in Shares) at Mar. 31, 2024	501	14,981,701,785
Net loss for the period				(25,250)	(25,250)
Balance at Jun. 30, 2024	$ 19,990	$ 149,817	$ 30,635,942	$ (31,186,785)	$ (381,036)
Balance (in Shares) at Jun. 30, 2024	501	14,981,701,785

Condensed Unaudited Statement_4

Condensed Unaudited Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash Flows from Operating Activities:
Net Loss	$ (40,930)	$ (46,717)
Changes in working capital items:
Accounts Payable and Accruals	4,245	(1,900)
Accruals - Related Parties	30,000	30,000
Net Cash Flows Used in Operating Activities	(6,685)	(18,617)
Net Cash Flows from Investing Activities
Cash Flows from Financing Activities
Note Payable - Related Party	6,685	18,617
Net Cash Flows from Financing Activities	6,685	18,617
Net Change in Cash:
Beginning Cash:
Ending Cash:
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest
Cash paid for tax

Nature of Operations

Nature of Operations	6 Months Ended
	Jun. 30, 2024
Nature of Operations [Abstract]
NATURE OF OPERATIONS	NOTE 1. NATURE OF OPERATIONS Nature of Business Saxon Capital Group Inc., formerly Atlas Technology Group Inc., is a SEC reporting shell company. There is no established public trading market for our shares which are quoted on the OTC Markets platform and are eligible for Unsolicited Quotes Only. We believe this is due to there being no broker dealers willing to quote our stock. We intend to seek approval for our shares of common stock to be traded on the Pink Sheets again. Once relisted on the Pink Sheets, we will then seek to merge with an entity with experienced management and opportunities for growth in return for shares of our common stock to create value for our shareholders. There is no guarantee that we will be successful in becoming relisted on the Pink Sheets and no potential merger candidate has been identified at this time. Saxon Capital Group Inc. (“the Company,” “We," "Us," or “Our’) was incorporated under the laws of State of Delaware as on July 12, 2022. Atlas Technology Group, Inc., a Florida corporation, merged into Saxon Capital Group, Inc effective from August 30, 2022. Now the surviving entity is Saxon Capital Group, Inc. Effective May 29, 2021, we entered into an agreement with Corporate Excellence Consulting Inc. (“CECI”), our then controlling shareholder, and Mr. David Cutler (“Mr. Cutler”) (“the Agreement”) under which: - CECI surrendered, and we cancelled, the single outstanding share of Series A Preferred Stock. The single outstanding share of Series A Preferred Stock carried super preferred voting rights enabling the holder to vote the equivalent of 61% of all voteable preferred and common shares issued and outstanding, - We issued a new share of Series A Preferred Stock, carrying the same super preferred voting rights described above, to Mr. Cutler. As a consequence of this issuance, Mr. Cutler became our new controlling shareholder, - Mr. Cutler was appointed as a director of ours and as our Chief Financial Officer, - Mr. Cutler paid $5,000 to CECI on our behalf as a partial repayment of the outstanding fees due by us to CECI, - Mr. Cutler undertook to pay a further $30,000 on our behalf as a full and final settlement of the outstanding fees due by us to CECI, such payment to be made on the approval by FINRA of a proposed name change and reverse stock split, - CECI agreed to accept the $35,000 to be paid to them by Mr. Cutler on our behalf in full and final settlement of the outstanding fees due by us to CECI. The initial payment of $5,000 to CECI was made by Mr. Cutler as agreed. There is no guarantee that it will be possible to complete the remaining terms of the Agreement. Effective November 10, 2021, the Board of directors recommended, and the holder of a majority of the voting power of our outstanding common stock voted, to approve the following items: - a reverse split of the common stock issued and outstanding on a one new share for one million (1,000,000) old shares basis as of November 10, 2021. Fractional shares will be rounded up to the next whole share. (This action requires an amendment to the Certificate of Incorporation and requires the approval of the Financial Industry Regulatory Authority (“FINRA”)), and - a forward split of the common stock issued and outstanding as of November 10, 2021. Subsequent to the 1/1,000,000 reverse split described above, each share of post reverse split adjusted issued and outstanding Common Stock shall be forward split on a one for one hundred (100) basis such that each post reverse split old share represents 100 new shares. Fractional shares will be rounded up to the next whole share. Effective November 17, 2022 Board of Director approved the following actions to: - Cancel all 24,999,999 shares of authorized unissued shares of Series B Preferred Stock. - Increase the number of shares authorized Series A Preferred Stock from 1 to 1,000. - Forward split each share of issued and outstanding Series A Preferred Stock as of record date November 25, 2022 in the ratio of 1:1,000, such that each old share represents 1,000 new shares. - Convert 499 post-split shares of Series A Preferred Stock into 9,130,995,911 shares of our common stock leaving 501 shares of post-split Series A stock issued and outstanding. History Saxon Capital Inc. was incorporated in the state of Nevada in August 1996 under the name Pan World Corporation. In November 1999, the Company changed its name to Tribeworks, Inc. and redomiciled to the state of Delaware. In August 2007, the Company changed its name to Atlas Technology Group, Inc. In August 2015, the Company redomiciled to the State of Florida. In December 2015, the Company changed its name to Moxie Motion Pictures, Inc. In November 2018, the Company changed its name back to Atlas Technology Group, Inc. On August 30, 2022, Atlas Technology Group, Inc. merged into Saxon Capital Group, Inc. and redomiciled from State of Florida to State of Delaware. Now the surviving corporation is Saxon Capital Group, Inc. On September 19, 2023, shareholder notice of corporate pursuant to Section 204 of the Delaware General Corporation Laws, on July 31, 2023, the company, as approved by the Board of Directors and the written consent of a majority of the shareholders, ratified a redomicile which was effective July 27, 2015. Since its Inception in August 1996, the Company has at various times been involved in the following business activities: software sales, provision of information technology application support services, distribution of energy efficient lighting products and movie production and talent management. By December 31, 2018, the Company had ceased all operations and had disposed of all its former operating subsidiaries. Impact of the Ukrainian and Israeli Conflicts We believe that the conflicts involving Ukraine and Israel do not have any direct impact on our operations, financial condition, or financial reporting. We believe the conflicts will have only a general impact on our operations in the same manner as it is having a general impact on all businesses that have their operations limited to North America resulting from international sanction and embargo regulations, possible shortages of goods and goods incorporating parts that may be supplied from countries involved in the conflicts, supply chain challenges, and the international and US domestic inflation resulting from the conflict and government spending in relation to the conflicts. As our operations are related only to the small business loans in North America, we do not believe we will be targeted for cyber-attacks related to the conflicts. We have no operations in the countries directly involved in the conflict or are specifically impacted by any of the sanctions and embargoes, as we principally operate solely in the United States. We do not believe that the conflicts will have any impact on our internal control over financial reporting. Other than general securities market trends, we do not have reason to believe that investors will evaluate the company as having special risks or exposures related to the conflicts.

Going Concern

Going Concern	6 Months Ended
	Jun. 30, 2024
Going Concern [Abstract]
GOING CONCERN	NOTE 2. GOING CONCERN Our financial statements are prepared using accounting principles generally accepted in the United States of America (“GAAP”) applicable to a going concern, which contemplate the realization of assets and the liquidation of liabilities in the normal course of business. We have no ongoing business or income and for the six months period ended June 30, 2024 we incurred a loss of $40,930 and had an accumulated deficit of $31,186,785 as of June 30, 2024. These conditions raise substantial doubt about our ability to continue as a going concern. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of these uncertainties. Our ability to continue as a going concern is dependent upon our ability to raise additional debt or equity funding to meet our ongoing operating expenses and ultimately in merging with another entity with experienced management and profitable operations. No assurances can be given that we will be successful in achieving these objectives.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation This summary of significant accounting policies is presented to assist in the understanding of the financial statements. These policies conform to GAAP and have been consistently applied. The Company has selected December 31 as its financial year end. Interim Financial Statements The accompanying unaudited interim condensed financial statements have been prepared in accordance with GAAP for interim financial information in accordance with Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The accompanying condensed 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, changes in shareholders’ deficit and cash flows as of and for the six months ended June 30, 2024 and for the related periods presented, have been included. The results for the six-month period ended June 30, 2024 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the financial statements and footnotes thereto for the years ended December 31, 2023 included in our Form 10-K filed on April 15, 2024. Use of Estimates The preparation of financial statements in conformity with 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents We maintain cash balances in a non-interest-bearing account that currently does not exceed federally insured limits. For the purpose of the statements of cash flows, all highly liquid investments with a maturity of three months or less are considered to be cash equivalents. As of June 30, 2024 and December 31, 2023, our cash balances were $0. Fair Value Measurements: ASC Topic 820, Fair Value Measurements and Disclosures ("ASC 820"), provides a comprehensive framework for measuring fair value and expands disclosures which are required about fair value measurements. Specifically, ASC 820 sets forth a definition of fair value and establishes a hierarchy prioritizing the inputs to valuation techniques, giving the highest priority to quoted prices in active markets for identical assets and liabilities and the lowest priority to unobservable value inputs. ASC 820 defines the hierarchy as follows: Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reported date. The types of assets and liabilities included in Level 1 are highly liquid and actively traded instruments with quoted prices, such as equities listed on the New York Stock Exchange. Level 2 – Pricing inputs are other than quoted prices in active markets but are either directly or indirectly observable as of the reported date. The types of assets and liabilities in Level 2 are typically either comparable to actively traded securities or contracts or priced with models using highly observable inputs. Level 3 – Significant inputs to pricing that are unobservable as of the reporting date. The types of assets and liabilities included in Level 3 are those with inputs requiring significant management judgment or estimation, such as complex and subjective models and forecasts used to determine the fair value of financial transmission rights. Our financial instruments consist of our accounts payable and accruals, accruals - related parties and note payable – related party. The carrying amount of our accounts payable and accruals, accruals - related parties and note payable – related party approximates their fair values because of the short-term maturities of these instruments. Related Party Transactions: A related party is generally defined as (i) any person that holds 10% or more of our membership interests including such person's immediate families, (ii) our management, (iii) someone that directly or indirectly controls, is controlled by or is under common control with us, or (iv) any person who is or was (since the beginning of the last fiscal year, even if such person does not presently serve in that role) an executive officer, director or nominee for director of the Company, or (v) Leases: We determine if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) as assets, operating lease non-current liabilities, and operating lease current liabilities in our balance sheet. Finance leases are property and equipment, other current liabilities, and other non-current liabilities in the balance sheet. ROU assets represent the right to use an asset for the lease term and lease liability represent the obligation to make lease payment arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over lease term. As most of the leases doesn’t provide an implicit rate. We generally use the incremental borrowing rate on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The operating ROU asset also includes any lease payments made and exclude lease incentives. Lease expense for lease payment is recognized on a straight-line basis over lease term. The Company was not party to any lease transaction for the six months ended June 30, 2024 and 2023. Income Taxes: The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating losses and tax credit carry-forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets are expected to be realized or settled. We record a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. Uncertain Tax Positions: We evaluate tax positions in a two-step process. We first determine whether it is more likely than not that a tax position will be sustained upon examination, based on the technical merits of the position. If a tax position meets the more-likely-than-not recognition threshold, it is then measured to determine the amount of benefit to recognize in the financial statements. The tax position is measured as the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement. We classify gross interest and penalties and unrecognized tax benefits that are not expected to result in payment or receipt of cash within one year as long-term liabilities in the financial statements. Revenue Recognition: Revenues are recognized when control of the promised goods or services are transferred to a customer, in an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements: Step 1: Identify the contract(s) with customers. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to performance obligations. Step 5: Recognize revenue when the entity satisfies a performance obligation. As the Company had no business operations during the six months period ended June 30, 2024 and 2023, we have not identified specific planned revenue streams. During the six-month periods ended June 30, 2024 and 2023, we did not recognize any revenue. Advertising Costs: We expense advertising costs when advertisements occur. No advertising costs were incurred during the six-month periods ended June 30, 2024 or 2023. Stock-Based Compensation: The cost of equity instruments issued to employees and non-employees in return for goods and services is measured by the grant date fair value of the equity instruments issued in accordance with ASC 718, Compensation – Stock Compensation. The related expense is recognized as services are rendered or vesting periods elapse. Net Loss per Share Calculation: Basic earnings (loss) per common share ("EPS") is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average shares outstanding, assuming all dilutive potential common shares were issued. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. Recently Accounting Pronouncements: We have reviewed all the recently issued, but not yet effective, accounting pronouncements and do not believe any of these pronouncements will have a material impact on our financial statements.

Accounts Payable and Accruals

Accounts Payable and Accruals	6 Months Ended
	Jun. 30, 2024
Accounts Payable and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUALS	NOTE 4. ACCOUNTS PAYABLE AND ACCRUALS As of June 30, 2024

Accruals - Related Parties

Accruals - Related Parties	6 Months Ended
	Jun. 30, 2024
Accruals - Related Parties [Abstract]
ACCRUALS - RELATED PARTIES	NOTE 5. ACCRUALS - RELATED PARTIES As of June 30, 2024 and December 31, 2023, the balance of accruals- related parties totaled $264,000 and $234,000 respectively. These accruals relate to consulting fees due to our current controlling shareholder, director and chief financial officer ($185,000 and $155,000, respectively) and our former controlling shareholder ($79,000 and $79,000, respectively).

Note Payable _ Related Party

Note Payable – Related Party	6 Months Ended
	Jun. 30, 2024
Note Payable – Related Party [Abstract]
NOTE PAYABLE – RELATED PARTY	NOTE 6. NOTE PAYABLE – RELATED PARTY As of June 30, 2024 and December 31, 2023, the balance of note payable – related party totaled $111,191 and $104,506, respectively. During the six months period ended June 30, 2024, our controlling shareholder, director and chief financial officer, advanced to us $6,685 (2023 - $18,617), by way of a promissory note to finance our working capital requirements. The promissory note is unsecured, due on demand and interest free.

Commitments & Contingencies

Commitments & Contingencies	6 Months Ended
	Jun. 30, 2024
Commitments & Contingencies [Abstract]
COMMITMENTS & CONTINGENCIES	NOTE 7. COMMITMENTS & CONTINGENCIES Legal Proceedings We were not subject to any legal proceedings during the six-month periods ended June 30, 2024 or 2023, and, to the best of our knowledge, no legal proceedings are pending or threatened. Contractual Obligations We are not party to any contractual obligations at this time.

Shareholders_ Deficit

Shareholders’ Deficit	6 Months Ended
	Jun. 30, 2024
Shareholders’ Deficit [Abstract]
SHAREHOLDERS’ DEFICIT	NOTE 8. SHAREHOLDERS’ DEFICIT Preferred Stock We are authorized to issue 25,000,000 shares of preferred stock with a par value of $0.00001, with such relative rights, preferences and designations as may be determined by our Board of Directors in its sole discretion upon the issuance of any shares of Preferred Stock. 1 share of Series A Preferred Stock and 24,999,999 shares of Series B Preferred Stock were designated effective July 27, 2015. Effective November 17, 2022 Board of Director approved the following actions to: - Cancel all 24,999,999 shares of authorized but unissued shares of Series B Preferred Stock. - Increase the number of shares authorized Series A Preferred Stock from 1 to 1,000. As on June 30, 2024, there are 24,999,000 shares of preferred stock available for designation. Series A Preferred Stock As of June 30, 2024, we were authorized to issue 1,000 shares of Series A Preferred Stock with a par value of $0.00001. 501 share of Series A Preferred Stock was issued and outstanding as of June 30, 2024 and December 31, 2023. The share of Series A Preferred Stock carried super majority voting rights such that it can vote the equivalent of 61% of all votable preferred and common stock at all times. The share of Series A Preferred Stock was convertible into 1,000 shares of common stock at the option of the Holder. As described above, effective May 29, 2021, the 1 existing issued share of Series A Preferred Stock was returned to us by our former controlling shareholder and cancelled by us. Further on May 29, 2021, we issued a new share of Series A Preferred Stock, valued by an independent, third party valuation company at $39,900, as compensation to our new controlling shareholder, director and Chief Financial Officer. However, effective November 25, 2022, the single share of Series A Preferred Stock issued and outstanding was forward split in the ratio of 1:1,000, such that the single outstanding old share was replaced with 1,000 new shares. The single share of Series A Preferred Stock originally carried super majority voting rights such that it could vote the equivalent of 61% of all votable preferred and common stock at all times. Subsequently the super majority voting power of the single share of Series A Preferred Stock was increased from 61% to 68%. Following the 1: 1,000 forward split effective November 25, 2022, each one of the 1,000 post forward split shares of Series A Preferred Stock is now convertible into 18,298,589 shares of common stock with total voting rights equal to 76% ownership of the common stock of the Company at the option of the Holder. Effective November 25, 2022, 499 shares of Series A Preferred Stock was converted into 9,130,995,911 shares of common stock and the remaining 501 shares are issued and outstanding as on June 30, 2024. As of June 30, 2024 and December 31, 2023, 501 shares of Series A Preferred Stock were issued and outstanding respectively. Common Stock As of June 30, 2024 No shares of common stock were issued during the six months ended June 30, 2024 or 2023. Effective November 25, 2022, 499 Series A Preferred Stock was converted into 9,130,995,911 shares of common stock. As of June 30, 2024 and December 31, 2023, 14,981,701,785 shares of common stock were issued and outstanding. Warrants No warrants were issued or outstanding during the six-month periods ended June 30, 2024 and 2023. Stock Options We currently have no stock option plan. No stock options were issued or outstanding during the six-month periods ended June 30, 2024 and 2023.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9. SUBSEQUENT EVENTS The Company evaluated subsequent events after June 30, 2024, in accordance with FASB ASC 855 Subsequent Events

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (25,250)	$ (19,438)	$ (40,930)	$ (46,717)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2024
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation This summary of significant accounting policies is presented to assist in the understanding of the financial statements. These policies conform to GAAP and have been consistently applied. The Company has selected December 31 as its financial year end.
Interim Financial Statements	Interim Financial Statements The accompanying unaudited interim condensed financial statements have been prepared in accordance with GAAP for interim financial information in accordance with Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The accompanying condensed 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, changes in shareholders’ deficit and cash flows as of and for the six months ended June 30, 2024 and for the related periods presented, have been included. The results for the six-month period ended June 30, 2024 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the financial statements and footnotes thereto for the years ended December 31, 2023 included in our Form 10-K filed on April 15, 2024.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents We maintain cash balances in a non-interest-bearing account that currently does not exceed federally insured limits. For the purpose of the statements of cash flows, all highly liquid investments with a maturity of three months or less are considered to be cash equivalents. As of June 30, 2024 and December 31, 2023, our cash balances were $0.
Fair Value Measurements	Fair Value Measurements: ASC Topic 820, Fair Value Measurements and Disclosures ("ASC 820"), provides a comprehensive framework for measuring fair value and expands disclosures which are required about fair value measurements. Specifically, ASC 820 sets forth a definition of fair value and establishes a hierarchy prioritizing the inputs to valuation techniques, giving the highest priority to quoted prices in active markets for identical assets and liabilities and the lowest priority to unobservable value inputs. ASC 820 defines the hierarchy as follows: Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reported date. The types of assets and liabilities included in Level 1 are highly liquid and actively traded instruments with quoted prices, such as equities listed on the New York Stock Exchange. Level 2 – Pricing inputs are other than quoted prices in active markets but are either directly or indirectly observable as of the reported date. The types of assets and liabilities in Level 2 are typically either comparable to actively traded securities or contracts or priced with models using highly observable inputs. Level 3 – Significant inputs to pricing that are unobservable as of the reporting date. The types of assets and liabilities included in Level 3 are those with inputs requiring significant management judgment or estimation, such as complex and subjective models and forecasts used to determine the fair value of financial transmission rights. Our financial instruments consist of our accounts payable and accruals, accruals - related parties and note payable – related party. The carrying amount of our accounts payable and accruals, accruals - related parties and note payable – related party approximates their fair values because of the short-term maturities of these instruments.
Related Party Transactions	Related Party Transactions: A related party is generally defined as (i) any person that holds 10% or more of our membership interests including such person's immediate families, (ii) our management, (iii) someone that directly or indirectly controls, is controlled by or is under common control with us, or (iv) any person who is or was (since the beginning of the last fiscal year, even if such person does not presently serve in that role) an executive officer, director or nominee for director of the Company, or (v)
Leases	Leases: We determine if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) as assets, operating lease non-current liabilities, and operating lease current liabilities in our balance sheet. Finance leases are property and equipment, other current liabilities, and other non-current liabilities in the balance sheet. ROU assets represent the right to use an asset for the lease term and lease liability represent the obligation to make lease payment arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over lease term. As most of the leases doesn’t provide an implicit rate. We generally use the incremental borrowing rate on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The operating ROU asset also includes any lease payments made and exclude lease incentives. Lease expense for lease payment is recognized on a straight-line basis over lease term. The Company was not party to any lease transaction for the six months ended June 30, 2024 and 2023.
Income Taxes	Income Taxes: The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating losses and tax credit carry-forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets are expected to be realized or settled. We record a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.
Uncertain Tax Positions	Uncertain Tax Positions: We evaluate tax positions in a two-step process. We first determine whether it is more likely than not that a tax position will be sustained upon examination, based on the technical merits of the position. If a tax position meets the more-likely-than-not recognition threshold, it is then measured to determine the amount of benefit to recognize in the financial statements. The tax position is measured as the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement. We classify gross interest and penalties and unrecognized tax benefits that are not expected to result in payment or receipt of cash within one year as long-term liabilities in the financial statements.
Revenue Recognition	Revenue Recognition: Revenues are recognized when control of the promised goods or services are transferred to a customer, in an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements: Step 1: Identify the contract(s) with customers. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to performance obligations. Step 5: Recognize revenue when the entity satisfies a performance obligation. As the Company had no business operations during the six months period ended June 30, 2024 and 2023, we have not identified specific planned revenue streams. During the six-month periods ended June 30, 2024 and 2023, we did not recognize any revenue.
Advertising Costs	Advertising Costs: We expense advertising costs when advertisements occur. No advertising costs were incurred during the six-month periods ended June 30, 2024 or 2023.
Stock-Based Compensation	Stock-Based Compensation: The cost of equity instruments issued to employees and non-employees in return for goods and services is measured by the grant date fair value of the equity instruments issued in accordance with ASC 718, Compensation – Stock Compensation. The related expense is recognized as services are rendered or vesting periods elapse.
Net Loss per Share Calculation	Net Loss per Share Calculation: Basic earnings (loss) per common share ("EPS") is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average shares outstanding, assuming all dilutive potential common shares were issued. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.
Recently Accounting Pronouncements	Recently Accounting Pronouncements: We have reviewed all the recently issued, but not yet effective, accounting pronouncements and do not believe any of these pronouncements will have a material impact on our financial statements.

Nature of Operations (Details)

Nature of Operations (Details) - USD ($)		6 Months Ended
	Nov. 17, 2022	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Nature of Operations [Line Items]
Acceptance of amount paid		$ 6,685	$ 18,617
Description of reverse split		a reverse split of the common stock issued and outstanding on a one new share for one million (1,000,000) old shares basis as of November 10, 2021. Fractional shares will be rounded up to the next whole share.
Description of forward split of common stock		a forward split of the common stock issued and outstanding as of November 10, 2021. Subsequent to the 1/1,000,000 reverse split described above, each share of post reverse split adjusted issued and outstanding Common Stock shall be forward split on a one for one hundred (100) basis such that each post reverse split old share represents 100 new shares. Fractional shares will be rounded up to the next whole share.
Preferred stock, shares authorized		24,999,000		24,999,000
Description of forward stock split of preferred stock		Forward split each share of issued and outstanding Series A Preferred Stock as of record date November 25, 2022 in the ratio of 1:1,000
Preferred Stock, conversion		Convert 499 post-split shares of Series A Preferred Stock into 9,130,995,911 shares of our common stock leaving 501 shares of post-split Series A stock issued and outstanding.
CECI [Member]
Nature of Operations [Line Items]
Partial repayment on outstanding fee		$ 5,000
Final settlement on outstanding fees		30,000
Initial fee payment		5,000
Mr. Cutler [Member]
Nature of Operations [Line Items]
Acceptance of amount paid		$ 35,000
Series A Preferred Stock [Member]
Nature of Operations [Line Items]
Percentage of preferred stock voting rights		61%
Preferred stock, shares authorized		1,000		1,000
New shares	1,000
Series A Preferred Stock [Member] | Minimum [Member]
Nature of Operations [Line Items]
Preferred stock, shares authorized	1
Series A Preferred Stock [Member] | Maximum [Member]
Nature of Operations [Line Items]
Preferred stock, shares authorized	1,000
Series A Preferred Stock [Member] | Board of Directors [Member] | Minimum [Member]
Nature of Operations [Line Items]
Preferred stock, shares authorized	1
Series A Preferred Stock [Member] | Board of Directors [Member] | Maximum [Member]
Nature of Operations [Line Items]
Preferred stock, shares authorized	1,000
Series B Preferred Stock [Member] | Board of Directors [Member]
Nature of Operations [Line Items]
Preferred stock, unissued shares	24,999,999

Going Concern (Details)

Going Concern (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Going Concern [Abstract]
Net Income (Loss)	$ (25,250)	$ (19,438)	$ (40,930)	$ (46,717)
Accumulated deficit	$ (31,186,785)		$ (31,186,785)		$ (31,145,855)

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Summary of Significant Accounting Policies [Abstract]
Cash balances	$ 0	$ 0
Membership interest percentage	10%
Ultimate settlement percentage	50%

Accounts Payable and Accruals (

Accounts Payable and Accruals (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Accounts Payable [Abstract]
Accounts payable and accruals	$ 5,845	$ 1,600

Accruals - Related Parties (Det

Accruals - Related Parties (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Related Party [Member]
Accrued Expenses - Related Parties [Line Items]
Accruals	$ 264,000	$ 234,000
Current Controlling Shareholder Director and Chief Financial Officer [Member]
Accrued Expenses - Related Parties [Line Items]
Accrual consulting fees	185,000	155,000
Former Controlling Shareholder [Member]
Accrued Expenses - Related Parties [Line Items]
Accrual consulting fees	$ 79,000	$ 79,000

Note Payable _ Related Party (D

Note Payable – Related Party (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Note Payable – Related Party [Line Items]
Promissory note	$ 6,685	$ 18,617
Related Party [Member]
Note Payable – Related Party [Line Items]
Notes payable - related party	111,191		$ 104,506
Chief Financial Officer [Member]
Note Payable – Related Party [Line Items]
Promissory note	$ 6,685	$ 18,617

Shareholders_ Deficit (Details)

Shareholders’ Deficit (Details)			6 Months Ended
	Nov. 25, 2022 USD ($) shares	Nov. 17, 2022 shares	Jun. 30, 2024 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	May 29, 2021 USD ($) shares	Jul. 27, 2015 shares
Shareholders’ Deficit [Line Items]
Preferred stock, shares authorized			24,999,000	24,999,000
Preferred stock par value (in Dollars per share) | $ / shares			$ 0.00001	$ 0.00001
Preferred stock, shares designated			24,999,000
Preferred stock value (in Dollars) | $
Common stock authorized			15,000,000,000	15,000,000,000
Common stock par value (in Dollars per share) | $ / shares			$ 0.00001	$ 0.00001
Common stock, shares issued			14,981,701,785	14,981,701,785
Common stock, shares outstanding			14,981,701,785	14,981,701,785
Minimum [Member]
Shareholders’ Deficit [Line Items]
Forward split ratio	1
Maximum [Member]
Shareholders’ Deficit [Line Items]
Forward split ratio	1,000
Series A Preferred Stock [Member]
Shareholders’ Deficit [Line Items]
Preferred stock, shares authorized			1,000	1,000
Preferred stock par value (in Dollars per share) | $ / shares			$ 0.00001	$ 0.00001
Preferred stock, shares designated						1
Preferred stock, shares issued			501	501
Preferred stock, shares outstanding			501	501
Super majority voting rights			61%
Convertible common shares			1,000
Preferred stock returned					1
Preferred stock value (in Dollars) | $	$ 499		$ 19,990	$ 19,990	$ 39,900
Outstanding old share	1,000
Originally carried super majority voting rights			61%
Reverse split description			Following the 1: 1,000 forward split effective November 25, 2022, each one of the 1,000 post forward split shares
Preferred stock converted	18,298,589
Voting rights, percentage	76%
Preferred Stock, conversion			Effective November 25, 2022, 499 shares of Series A Preferred Stock was converted into 9,130,995,911 shares of common stock and the remaining 501 shares are issued and outstanding as on June 30, 2024.
Series A Preferred Stock [Member] | Minimum [Member]
Shareholders’ Deficit [Line Items]
Preferred stock, shares authorized		1
Super majority voting rights			61%
Series A Preferred Stock [Member] | Maximum [Member]
Shareholders’ Deficit [Line Items]
Preferred stock, shares authorized		1,000
Super majority voting rights			68%
Series B Preferred Stock [Member]
Shareholders’ Deficit [Line Items]
Preferred stock, shares designated						24,999,999
Cancellation of share		24,999,999
Preferred Stock [Member]
Shareholders’ Deficit [Line Items]
Preferred stock, shares authorized			25,000,000
Preferred stock par value (in Dollars per share) | $ / shares			$ 0.00001
Common Stock [Member]
Shareholders’ Deficit [Line Items]
Reverse split description			the Company’s controlling shareholder and the Board approved a 1 for 1,000,000 reverse share split, followed by a 100 for 1 forward share split.
Preferred stock converted	9,130,995,911