Rokk3r (ROKK) 10-K 8 Apr 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Apr. 08, 2016	Jun. 30, 2015
Document and Entity Information
Entity Registrant Name	Eight Dragons Co.
Entity Trading Symbol	edrg
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Entity Central Index Key	1,100,778
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		362,200
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	2,015
Document Fiscal Period Focus	FY
Entity Public Float			$ 214,221

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash on hand and in bank	$ 0	$ 1,004
Total Current Assets	0	1,004
Total Assets	0	1,004
Current Liabilities
Accrued expenses	13,810
Notes payable to related party	969,572	909,308
Accrued interest payable to related party	737,363	644,237
Total Current Liabilities	1,720,745	1,553,545
Long-Term Liabilities	0	0
Total Liabilities	$ 1,720,745	$ 1,553,545
Commitments and Contingencies
Shareholders' Deficit
Preferred stock - $0.0001 par value.50,000,000 shares authorized None issued and outstanding	$ 0	$ 0
Common stock - $0.0001 par value.100,000,000 shares authorized, 362,200 shares issued and outstanding as of December 31, 2015 and 2014	36	36
Additional paid-in capital	31,690,302	31,690,302
Accumulated deficit	(33,411,083)	(33,242,879)
Total Shareholders' Deficit	(1,720,745)	(1,552,541)
Total Liabilities and Shareholders' Deficit	$ 0	$ 1,004

Balance Sheets Parentheticals

Balance Sheets Parentheticals - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Parentheticals
Preferred Stock,Par value	$ 0.0001	$ 0.0001
Preferred Stock shares authorized	50,000,000	50,000,000
Common Stock, par value	$ 0.0001	$ 0.0001
Common Stock, shares authorized	100,000,000	100,000,000
Common Stock, shares issued	362,200	362,200
Common Stock, shares outstanding	362,200	362,200

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Revenues {1}
Revenues	$ 0	$ 0
Expenses
General and administrative expenses	75,078	25,322
Loss from operations	(75,078)	(25,322)
Other Income (Expense)
Interest expense	(93,126)	(89,436)
Total other expense	(93,126)	(89,436)
Loss before provision for income taxes	(168,204)	(114,758)
Provision for income taxes	0	0
Net Loss	$ (168,204)	$ (114,758)
Earnings per share of common stock outstanding computed on net loss -basic and fully diluted	$ (0.46)	$ (0.32)
Weighted-average number of shares outstanding -basic and fully diluted	362,200	362,200

STATEMENT OF CHANGES IN SHAREHO

STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT - USD ($)	Common Stock Shares	Common Stock Amount	Additional Paid-in Capital	Accumulated deficit	Total
Balances at Jan. 01, 2014	362,200	36	31,690,302	(33,128,121)	(1,437,783)
Net loss				$ (114,758)	$ (114,758)
Balances. at Dec. 31, 2014	362,200	36	31,690,302	(33,242,879)	(1,552,541)
Net loss				$ (168,204)	$ (168,204)
Balances at Dec. 31, 2015	362,200	36	31,690,302	(33,411,083)	(1,720,745)

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash Flows from Operating Activities
Net loss	$ (168,204)	$ (114,758)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	0	0
Increase (Decrease) in
Accrued expense	13,810	0
Accrued interest payable - related party	93,126	89,436
Net cash used in operating activities	(61,268)	(25,322)
Cash Flows from Investing Activities	0	0
Cash Flows from Financing Activities
Proceeds from loan from related party	0	23,758
Proceeds from loan from stockholder / Officer	60,264	0
Net cash provided by financing activities	60,264	23,758
Decrease in Cash	(1,004)	(1,564)
Cash at beginning of year	1,004	2,568
Cash at end of year	0	1,004
Supplemental Disclosure of Interest and Income Taxes Paid
Interest paid	0	0
Income taxes paid	$ 0	$ 0

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	12 Months Ended
	Dec. 31, 2015
ORGANIZATION AND DESCRIPTION OF BUSINESS
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – Organization and Description of Business Eight Dragons Company (the “Company”), formerly known as Tahoe Pacific Corporation, Pacific Holdings, Inc. and Ameri-First Financial Group, respectively, is a for profit corporation established under the corporation laws in the State of Nevada. Its predecessor was incorporated in Delaware on September 27, 1996. On October 24, 2007, the Company changed its state of incorporation from Delaware to Nevada by means of a merger with and into Eight Dragons Company, a Nevada corporation formed on September 26, 2007 solely for the purpose of effecting the reincorporation. The merger was consummated through an exchange of 100 shares in the Nevada Corporation for each share then issued and outstanding in the Delaware Corporation. The Articles of Incorporation and Bylaws of the Nevada Corporation are the Articles of Incorporation and Bylaws of the surviving corporation. Such Articles of Incorporation modified the Company’s capital structure to allow for the issuance of up to 100,000,000 shares of $0.0001 par value common stock and up to 50,000,000 shares of $0.0001 par value preferred stock. For periods prior to 2000, the Company participated in numerous unsuccessful ventures and corporate name changes, as discussed in greater detail in previous filings with the U. S. Securities and Exchange Commission. Since 2000, the Company has had no operations, significant assets or liabilities. The Company’s current business plan is to locate and combine with an existing, privately-held company which is profitable or, in management's view, has growth potential, irrespective of the industry in which it is engaged. A combination may be structured as a merger, consolidation, exchange of the Company's common stock for stock or assets or any other form which will result in the Company being the surviving entity. Change in Control On August 8, 2014, Mr. Glenn Little, the controlling shareholder, president, secretary, treasurer, and sole director of the Company at that time, entered into a Securities and Debt Purchase Agreement with Rockport Petroleum, Inc. (“Rockport”). Under the terms of the Purchase Agreement, Mr. Little agreed to sell to Rockport an aggregate of 291,500 shares of Common Stock, representing approximately 80.5% of the Company's currently outstanding shares of Common Stock. The closing of the purchase and sale of shares pursuant to the Purchase Agreement was effective on August 29, 2014. The consideration paid for the acquisition of the Common Stock and the shareholder loans payable by the Company to Mr. Little was an aggregate of approximately $250,000, and was paid from corporate funds of Rockport. The purchase of the shares of Common Stock by Rockport from Mr. Little was consummated in a private transaction and Wm. Christopher Reeder as CEO of Rockport and as CEO of the majority shareholder of Rockport was considered to be in "control" of the Company. As a condition of the sale of shares pursuant to the Purchase Agreement, Mr. Little agreed to resign as director, president, secretary and treasurer of the Company and to appoint Mr. Reeder as director of the Company. Mr. Reeder was appointed as president, secretary and treasurer of the Company immediately following his appointment as director. On April 14, 2015, DMJ Acquisitions, LLC (“DMJ”), as purchaser, and Rockport, as seller, entered into the Securities and Debt Purchase Agreement (the “DMJ Purchase Agreement”), pursuant to which DMJ agreed to acquire 291,500 shares of our Common Stock (representing approximately 80.5% of the outstanding shares of our Common Stock) from Rockport and the notes payable held by Rockport and owed by the Company. The closing of the purchase and sale of the shares and shareholder loans pursuant to the DMJ Purchase Agreement took place on April 27, 2015. The aggregate consideration paid for the acquisition of the Common Stock and the shareholder loans was approximately $350,000, and was paid from corporate funds of DMJ. The purchase of the shares of Common Stock by DMJ from Rockport was consummated in a private transaction, and Mr. David Bristol as CEO and sole beneficial owner of DMJ is now considered to be in “control” of the Company. As a condition of the DMJ Purchase Agreement, Mr. Reeder has resigned as director, president, secretary, and treasurer and Mr. Bristol has been appointed as director of the Company, effective as of April 27, 2015, and also as president, secretary and treasurer of the Company effective as of the closing of the purchase and sale pursuant to the DMJ Purchase Agreement.

PREPARATION OF FINANCIAL STATEM

PREPARATION OF FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2015
PREPARATION OF FINANCIAL STATEMENTS
PREPARATION OF FINANCIAL STATEMENTS	NOTE 2 - PREPARATION OF FINANCIAL STATEMENTS Basis of Presentation The Company follows the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America and has a year-end of December 31. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities 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. Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud. The Company’s system of internal accounting control is designed to assure, among other items, that 1) recorded transactions are valid; 2) valid transactions are recorded; and 3) transactions are recorded in the proper period in a timely manner to produce financial statements which present fairly the financial condition, results of operations and cash flows of the Company for the respective periods being presented.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 - Significant Accounting Policies and Recent Accounting Pronouncements Use of Estimates and Assumptions The preparation of financial statements in conformity with generally accepted accounting principles 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 period. Actual results could differ from those estimates. Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Fair Value of Financial Instruments ASC 825, “Disclosures about Fair Value of Financial Instruments”, requires disclosure of fair value information about financial instruments. ASC 820, “Fair Value Measurements” defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2015 and 2014. The respective carrying values of certain on-balance-sheet financial instruments approximate their fair values. These financial instruments include cash, accrued liabilities and notes payable. Fair values were assumed to approximate carrying values for these financial instruments since they are short term in nature and their carrying amounts approximate fair value. Basic and Diluted Loss Per Share The Company computes earnings (loss) per share in accordance with ASC 260-10-45 “Earnings per Share”, which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic earnings (loss) per share is computed by dividing net earnings (loss) available to common stockholders by the weighted average number of outstanding common shares during the period. Diluted earnings (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive earnings (loss) per share excludes all potential common shares if their effect is anti-dilutive. The Company has no potential dilutive instruments, and therefore, basic and diluted earnings (loss) per share are equal. Recent Accounting Pronouncements Recent accounting pronouncements issued by FASB (including EITF), the AICPA and the SEC did not or are not believed by management to have a material impact on the Company’s present or future financial statements. In May 2014, the FASB issued authoritative guidance that defines how companies should report revenues from contracts with customers. The standard requires an entity to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. It provides companies with single comprehensive five-step principles based model to use in accounting for revenue and supersedes current revenue recognition requirements, including most industry-specific and transaction-specific revenue guidance. In August 2015, the FASB deferred the effective date of the new revenue standard by one year. As a result, the new standard would not be effective for the Company until 2019. In addition, the FASB is allowing companies to early adopt this guidance for non-public entities beginning in fiscal year 2017. The guidance permits an entity to apply the standard retrospectively to all prior periods presented, with certain practical expedients, or apply the requirements in the year of adoption, through a cumulative adjustment. The Company will apply this new guidance when it becomes effective and has not yet selected a transition method. The Company is currently evaluating the impact of adoption on its financial statements. In February 2015, the FASB issued guidance changing the analysis procedures that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. All legal entities are subject to reevaluation under the revised consolidation model. The new guidance affects the following areas: (1) limited partnerships and similar legal entities, (2) evaluating fees paid to a decision maker or a service provider as a variable interest, (3) the effect of fee arrangements on the primary beneficiary determination, (4) the effect of related parties on the primary beneficiary determination, and (5) certain investment funds. This guidance is effective for annual reporting periods and interim periods within those annual reporting periods, beginning after December 15, 2015, our fiscal 2017. Early adoption is permitted. The Company does not expect the adoption of this guidance to have a material impact on the financial statements. In April 2015, the FASB issued guidance which requires debt issuance costs to be presented in the balance sheet as a direct deduction from the associated debt liability. The guidance is effective for annual reporting periods and interim periods within those annual reporting periods beginning after December 15, 2015, our fiscal 2017. Early adoption is permitted. The Company does not expect the adoption of this guidance to have a material impact on the financial statements. In April 2015, the FASB issued guidance on the recognition of fees paid by a customer for cloud computing arrangements. The new guidance clarifies that if a cloud computing arrangement includes a software license, the customer should account for the software license consistent with the acquisition of other software licenses. If the arrangement does not include a software license, the customer should account for the arrangement as a service contract. The guidance is effective for annual reporting periods and interim periods within those annual reporting periods beginning after December 15, 2015, our fiscal 2017. The Company does not expect the adoption of this guidance to have a material impact on the financial statements.

GOING CONCERN UNCERTAINTY

GOING CONCERN UNCERTAINTY	12 Months Ended
	Dec. 31, 2015
GOING CONCERN UNCERTAINTY
GOING CONCERN UNCERTAINTY	NOTE 4 – Going Concern Uncertainty The accompanying financial statements and notes have been prepared assuming that the Company will continue as a going concern. The Company has no significant assets or operating activity as of December 31, 2015 and 2014. There are no assurances that the Company will be able to either (1) consummate a business combination transaction with a privately-owned business seeking to become a public company; (2) if successful, achieve a level of revenues adequate to generate sufficient cash flow from operations; or (3) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support the Company's current working capital requirements. To the extent that funds generated from any private placements, public offerings and/or bank financing are insufficient to support the Company, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available, the Company may not continue its operations. The Company's ultimate continued existence is dependent upon its ability to generate sufficient cash flows from operations or other sources to support its daily operations as well as provide sufficient resources to retire existing liabilities and obligations on a timely basis. The Company’s articles of incorporation authorize the issuance of up to 50,000,000 shares of preferred stock and 100,000,000 shares of common stock. The Company’s ability to issue preferred stock may impede a potential takeover of the Company, which takeover may be in the best interest of stockholders. The Company’s ability to issue these authorized but unissued securities may also negatively impact the ability to raise additional capital through the sale of debt or equity securities. The Company anticipates future sales of equity securities to facilitate either the consummation of a business combination transaction or to raise working capital to support and preserve the integrity of the corporate entity. However, there is no assurance that the Company will be able to obtain additional funding through the sales of additional equity securities or, that such funding, if available, will be obtained on terms favorable to or affordable by the Company. It is the belief of management and significant stockholders that they will provide sufficient working capital necessary to support and preserve the integrity of the corporate entity. However, except as described in Note 6, there is no legal obligation for either management or significant stockholders to provide additional future funding. Further, the Company is at the mercy of future economic trends and business operations for the Company’s majority stockholder to have the resources available to support the Company. Should this pledge fail to provide adequate financing, the Company has not identified any alternative sources. If no additional operating capital is received during the next twelve months, the Company will be forced to rely on existing cash on hand and upon additional funds loaned by management and/or significant stockholders to preserve the integrity of the corporate entity at this time. In the event, the Company is unable to acquire advances from management and/or significant stockholders, the Company’s ongoing operations would be negatively impacted. While the Company is of the opinion that good faith estimates of the Company’s ability to secure additional capital in the future to reach our goals have been made, there is no guarantee that the Company will receive sufficient funding to sustain operations or implement any future business plan steps.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2015
INCOME TAXES
INCOME TAXES	NOTE 5 – Income Taxes The Company uses the assets and liability method of accounting for income taxes in accordance with FASB Topic 740 “Income Taxes". Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. 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. As of December 31, 2015, the Company has a net operating loss carryforward of approximately $950,000 for Federal income tax purposes after taking into account the effect of a change in control in 2005. The amount and availability of any future net operating loss carryforwards may be subject to limitations set forth by the Internal Revenue Code. Factors such as the number of shares ultimately issued within a three year look-back period; whether there is a deemed greater than 50 percent change in control; the applicable long-term tax exempt bond rate; continuity of historical business; and subsequent income of the Company all enter into the annual computation of allowable annual utilization of the carryforwards. The company has not commenced operations, has not generated any revenue, and has not made a provision for income taxes. The Company does not have any material uncertainties with respect to its provisions for income taxes.

LEGAL MATTERS

LEGAL MATTERS	12 Months Ended
	Dec. 31, 2015
LEGAL MATTERS
LEGAL MATTERS	NOTE 6 – Legal Matters

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2015
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	NOTE 7 – Related Party Transactions The prior controlling stockholder and sole officer, Mr. Little, purchased the note of $740,000 in outstanding debt against the Company and to purchase certain common stock of the Company owned by Wilkerson for total cash consideration of $60,000 on January 18, 2005. This note was unsecured and bore interest at 6% on unmatured unpaid principal and 10% on matured unpaid principal. The note was payable on demand, or if no demand was made, the entire principal amount and all accrued interest was due and payable on July 31, 2006. The note matured on July 31, 2006 and no demand for payment was made by Mr. Little. The note agreement was modified to extend the credit limit to $75,000 and the maturity date was extended to December 31, 2008. At August 8, 2014 and December 31, 2013, an aggregate $154,550 and $145,550 was advanced under this agreement by Mr. Little. On August 8, 2014, Mr. Little entered into a Securities and Debt Purchase Agreement (the “Purchase Agreement”) with Rockport Petroleum, Inc. (“Rockport”). Under the terms of the Purchase Agreement, Mr. Little agreed to sell to Rockport an aggregate of 291,500 shares of Common Stock, representing approximately 80.5% of the Company's currently outstanding shares of Common Stock, and a note payable owed by the Company for total cash consideration of $250,000. Rockport agreed to lend the Company up to $50,000 with a maturity period not to exceed two (2) years from the initial funding date at an interest rate of 6.0% per annum. On April 14, 2015, Rockport, as seller, and DMJ Acquisitions, LLC (“DMJ”), as purchaser, entered into the Securities and Debt Purchase Agreement (the “DMJ Purchase Agreement”), pursuant to which DMJ agreed to acquire 291,500 shares of our Common Stock (representing approximately 80.5% of the outstanding shares of our Common Stock) from Rockport and the notes payable held by Rockport and owed by the Company. The closing of the purchase and sale of the shares and shareholder loans pursuant to the DMJ Purchase Agreement took place on April 27, 2015. The aggregate consideration paid for the acquisition of the Common Stock and the shareholder loans was approximately $350,000, and was paid from corporate funds of DMJ. The following table is a summary of the notes transferred and payable to DMJ Acquisitions, LLC, the Company’s controlling shareholder as of December 31, 2015 and 2014: December 31, 2015 December 31, 2014 Note payable held by DMJ Acquisitions, LLC., with an interest rate of 10% per annum $ 894,550 $ 894,550 Note payable held by DMJ Acquisitions, LLC., with an interest rate of 6% per annum $ 75,022 $ 14,758 Total $ 969,572 $ 909,308

ACCRUED INTEREST PAYABLE TO REL

ACCRUED INTEREST PAYABLE TO RELATED PARTY	12 Months Ended
	Dec. 31, 2015
ACCRUED INTEREST PAYABLE TO RELATED PARTY
ACCRUED INTEREST PAYABLE TO RELATED PARTY	NOTE 8 – Accrued Interest Payable to Related Party The following table is a summary of the accrued interest payable to controlling stockholder as of December 31, 2015 and 2014, respectively: December 31, 2015 December 31, 2014 Interest payable to DMJ Acquisitions, LLC, controlling stockholder – 10% interest rate p.a. $ 734,517 $ 644,082 Interest payable to DMJ Acquisitions, LLC, controlling stockholder – 6% interest rate p.a. $ 2,846 $ 155 Total $ 737,363 $ 644,237

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2015
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 9 – Subsequent Events The Company has evaluated events subsequent through the date these financial statements have been issued to assess the need for potential recognition or disclosure in this report. Such events were evaluated through the date these financial statements were available to be issued. Based upon this evaluation, it was determined that no subsequent events occurred that require recognition or disclosure in the financial statements.

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies
Use of Estimates and Assumptions	Use of Estimates and Assumptions The preparation of financial statements in conformity with generally accepted accounting principles 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 period. Actual results could differ from those estimates. Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents.
Fair Value of Financial Instruments	Fair Value of Financial Instruments ASC 825, “Disclosures about Fair Value of Financial Instruments”, requires disclosure of fair value information about financial instruments. ASC 820, “Fair Value Measurements” defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2015 and 2014. The respective carrying values of certain on-balance-sheet financial instruments approximate their fair values. These financial instruments include cash, accrued liabilities and notes payable. Fair values were assumed to approximate carrying values for these financial instruments since they are short term in nature and their carrying amounts approximate fair value.
Basic and Diluted Loss Per Share	Basic and Diluted Loss Per Share The Company computes earnings (loss) per share in accordance with ASC 260-10-45 “Earnings per Share”, which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic earnings (loss) per share is computed by dividing net earnings (loss) available to common stockholders by the weighted average number of outstanding common shares during the period. Diluted earnings (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive earnings (loss) per share excludes all potential common shares if their effect is anti-dilutive. The Company has no potential dilutive instruments, and therefore, basic and diluted earnings (loss) per share are equal.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Recent accounting pronouncements issued by FASB (including EITF), the AICPA and the SEC did not or are not believed by management to have a material impact on the Company’s present or future financial statements. In May 2014, the FASB issued authoritative guidance that defines how companies should report revenues from contracts with customers. The standard requires an entity to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. It provides companies with single comprehensive five-step principles based model to use in accounting for revenue and supersedes current revenue recognition requirements, including most industry-specific and transaction-specific revenue guidance. In August 2015, the FASB deferred the effective date of the new revenue standard by one year. As a result, the new standard would not be effective for the Company until 2019. In addition, the FASB is allowing companies to early adopt this guidance for non-public entities beginning in fiscal year 2017. The guidance permits an entity to apply the standard retrospectively to all prior periods presented, with certain practical expedients, or apply the requirements in the year of adoption, through a cumulative adjustment. The Company will apply this new guidance when it becomes effective and has not yet selected a transition method. The Company is currently evaluating the impact of adoption on its financial statements. In February 2015, the FASB issued guidance changing the analysis procedures that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. All legal entities are subject to reevaluation under the revised consolidation model. The new guidance affects the following areas: (1) limited partnerships and similar legal entities, (2) evaluating fees paid to a decision maker or a service provider as a variable interest, (3) the effect of fee arrangements on the primary beneficiary determination, (4) the effect of related parties on the primary beneficiary determination, and (5) certain investment funds. This guidance is effective for annual reporting periods and interim periods within those annual reporting periods, beginning after December 15, 2015, our fiscal 2017. Early adoption is permitted. The Company does not expect the adoption of this guidance to have a material impact on the financial statements. In April 2015, the FASB issued guidance which requires debt issuance costs to be presented in the balance sheet as a direct deduction from the associated debt liability. The guidance is effective for annual reporting periods and interim periods within those annual reporting periods beginning after December 15, 2015, our fiscal 2017. Early adoption is permitted. The Company does not expect the adoption of this guidance to have a material impact on the financial statements. In April 2015, the FASB issued guidance on the recognition of fees paid by a customer for cloud computing arrangements. The new guidance clarifies that if a cloud computing arrangement includes a software license, the customer should account for the software license consistent with the acquisition of other software licenses. If the arrangement does not include a software license, the customer should account for the arrangement as a service contract. The guidance is effective for annual reporting periods and interim periods within those annual reporting periods beginning after December 15, 2015, our fiscal 2017. The Company does not expect the adoption of this guidance to have a material impact on the financial statements.

NOTE PAYABLE TO SHAREHOLDER (Ta

NOTE PAYABLE TO SHAREHOLDER (Tables)	12 Months Ended
	Dec. 31, 2015
NOTE PAYABLE TO SHAREHOLDER
NOTE PAYABLE TO SHAREHOLDER	The following table is a summary of the notes transferred and payable to DMJ Acquisitions, LLC, the Company’s controlling shareholder as of December 31, 2015 and 2014: December 31, 2015 December 31, 2014 Note payable held by DMJ Acquisitions, LLC., with an interest rate of 10% per annum $ 894,550 $ 894,550 Note payable held by DMJ Acquisitions, LLC., with an interest rate of 6% per annum $ 75,022 $ 14,758 Total $ 969,572 $ 909,308

SCHEDULE OF ACCRUED INTEREST PA

SCHEDULE OF ACCRUED INTEREST PAYABLE TO RELATED PARTY (Tables)	12 Months Ended
	Dec. 31, 2015
SCHEDULE OF ACCRUED INTEREST PAYABLE TO RELATED PARTY
SCHEDULE OF ACCRUED INTEREST PAYABLE TO RELATED PARTY	The following table is a summary of the accrued interest payable to controlling stockholder as of December 31, 2015 and 2014, respectively: December 31, 2015 December 31, 2014 Interest payable to DMJ Acquisitions, LLC, controlling stockholder – 10% interest rate p.a. $ 734,517 $ 644,082 Interest payable to DMJ Acquisitions, LLC, controlling stockholder – 6% interest rate p.a. $ 2,846 $ 155 Total $ 737,363 $ 644,237

ORGANIZATION AND DESCRIPTION (D

ORGANIZATION AND DESCRIPTION (Details) - USD ($)	Apr. 27, 2015	Apr. 14, 2015	Aug. 08, 2014	Oct. 24, 2007	Sep. 26, 2007
ORGANIZATION AND DESCRIPTION:
Shares in Nevada Corporation exchanged for one share issued and outstanding in Delaware corporation for merger				100
Authorized to issue common stock shares					100,000,000
Par value of common stock shares					$ 0.0001
Authorized to issue preferred stock shares					50,000,000
Par value of preferred stock shares					$ 0.0001
Common stock shares to be sold by Mr.Little			291,500
Representing approximately Company's currently outstanding shares of Common Stock			80.50%
Loans payable to Mr. Little			$ 250,000
Common stock shares to be purchased by DMJ		291,500
Percent of Company's currently outstanding shares of common stock		80.50%
Aggregate consideration paid from corporate funds of DMJ	$ 350,000

GOING CONCERN UNCERTAINTY (Deta

GOING CONCERN UNCERTAINTY (Details)	Dec. 31, 2015shares
GOING CONCERN UNCERTAINTY DETAILS
Authorize issuance of preferred stock shares	50,000,000
Authorize issuance of common stock shares	100,000,000

INCOME TAX (Details)

INCOME TAX (Details)	Dec. 31, 2015USD ($)
INCOME TAX
Company has a net operating loss carryforward	$ 950,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	Apr. 27, 2015	Apr. 14, 2015	Aug. 08, 2014	Dec. 31, 2013	Jul. 31, 2006	Jan. 18, 2005
RELATED PARTY TRANSACTIONS DETAILS
Value of note in outstanding debt payable purchased by Mr.Little						$ 740,000
Cash consideration paid for the purchase						$ 60,000
Interest rate on unmatured unpaid principal						6.00%
Interest rate on matured unpaid principal						10.00%
Extend the credit limit					$ 75,000
Aggregate advanced under note agreement by Mr. Little			$ 154,550	$ 145,550
Common stock shares to be sold by Mr.Little			291,500
Representing approximately Company's currently outstanding shares of Common Stock			80.50%
Total cash consideration to be received by Mr.Little			$ 250,000
Rockport agreed to lend			$ 50,000
Rockport agreed to lend with a maturity period in years			2
Interest rate per annum			6.00%
DMJ agreed to acquire shares of Common Stock		291,500
Percentage of outstanding shares of Common Stock		80.50%
Aggregate consideration paid from corporate funds of DMJ	$ 350,000

SUMMARY OF NOTES PAYABLE TO CON

SUMMARY OF NOTES PAYABLE TO CONTROLLING STOCK HOLDER (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
SUMMARY OF NOTES PAYABLE TO CONTROLLING STOCK HOLDER DETAILS
Note payable held by DMJ Acquisitions, LLC., with an interest rate of 10% per annum	$ 894,550	$ 894,550
Note payable held by DMJ Acquisitions, LLC., with an interest rate of 6% per annum	75,022	14,758
Total Notes Payable	$ 969,572	$ 909,308

SUMMARY OF ACCRUED INTEREST PAY

SUMMARY OF ACCRUED INTEREST PAYABLE TO CONTROLLING STOCK HOLDER (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
SUMMARY OF ACCRUED INTEREST PAYABLE TO CONTROLLING STOCK HOLDER DETAILS
Interest payable to DMJ Acquisitions, LLC, controlling stockholder - 10% interest rate p.a.	$ 734,517	$ 644,082
Interest payable to DMJ Acquisitions, LLC, controlling stockholder - 6% interest rate p.a.	2,846	155
Total Accrued Interest payable	$ 737,363	$ 644,237