Crown Equity (CRWE) 10-K 25 May 16 2014 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2014	May. 23, 2016	Jun. 30, 2014
Document And Entity Information
Entity Registrant Name	Crown Equity Holdings, Inc.
Entity Central Index Key	1,103,833
Document Type	10-K
Document Period End Date	Dec. 31, 2014
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	No
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 471,876
Entity Common Stock, Shares Outstanding		11,195,831
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,014

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash	$ 2,369	$ 1,088
Marketable securities		10,500
Marketable securities held in related party		70,000
Accounts receivable from related party		1,500
Total Current Assets	$ 2,369	83,088
Property, plant and equipment, net of accumulated depreciation of $73,373 and $71,125	618	2,866
Total Assets	2,987	85,954
Current Liabilities:
Accounts payable and accrued expenses	212,508	171,789
Accounts payable to related party	5,026	5,026
Notes payable related parties	155,885	134,219
Notes payable	47,950	15,068
Total Current Liabilities	$ 421,369	$ 326,102
Stockholders' Deficit:
Preferred Stock, 10,000,000 shares authorized, 9,000,000 undesignated authorized at $.001 par value, none issued or outstanding
Series A Convertible Preferred Stock, $0.001 par value, 1,000,000 shares authorized, none issued or outstanding
Common Stock, 490,000,000 authorized at $0.001 par value; shares issued and outstanding 10,566,969 and 439,096	$ 10,567	$ 439
Additional paid-in capital	9,760,054	8,818,705
Accumulated deficit	(10,189,003)	(9,059,292)
Total Stockholder's Deficit	(418,382)	(240,148)
Total Liabilities and Stockholders' Deficit	$ 2,987	$ 85,954

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Consolidated Balance Sheets Parenthetical
Accumulated depreciation	$ 73,373	$ 71,125
Stockholders' Equity (Deficit):
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, undesignated authorized	9,000,000	9,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Series A convertible preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Series A convertible preferred stock, shares authorized	1,000,000	1,000,000
Series A convertible preferred stock, shares issued	0	0
Series A convertible preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	490,000,000	490,000,000
Common stock, shares issued	10,566,969	439,096
Common stock, shares outstanding	10,566,969	439,096

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Consolidated Statements Of Operations
Revenue	$ 183	$ 31,930
Revenue from related party		32,750
Total revenue	$ 183	64,680
Operating expenses
General and administrative expense	531,837	139,532
Depreciation	2,248	16,420
Total Operating Expenses	534,085	155,952
Loss from operations	(533,902)	(91,272)
Other income (expenses)
Interest expense	$ (70,905)	(17,318)
Loss on equity method investment - related party		$ (132,988)
Loss on impairment of marketable securities	$ (77,600)
Other income (expense)	(5,590)	$ 1,818
Loss on extinguishment of debt	(406,690)
Loss on derivatives	(32,124)
Unrealized gain (loss) on marketable securities	(2,900)	$ (50,050)
Total Other Expense	(595,809)	(198,538)
Net loss	$ (1,129,711)	$ (289,810)
Basic and Diluted income per share
Basic and diluted income per share	$ (0.35)	$ (0.66)
Weighted average number of common shares outstanding - basic and diluted	3,188,766	439,363

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)	Preferred Stock	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning Balance, Shares at Dec. 31, 2012		440,536
Beginning Balance, Amount at Dec. 31, 2012		$ 440	$ 8,818,704	$ (8,769,482)	$ 49,662
Resolution of derivative liabilities
Common stock returned and cancelled, Shares		(1,067)
Common stock returned and cancelled, Amount		$ (1)	1
Net loss				$ (289,810)	$ (289,810)
Ending Balance, Shares at Dec. 31, 2013		439,469
Ending Balance, Amount at Dec. 31, 2013		$ 439	8,818,705	$ (9,059,292)	$ (240,148)
Common stock issued for services, Shares		20,500			20,500
Common stock issued for services, Amount		$ 21	266,479		$ 266,500
Common stock issued for debt and interest, Shares		86,000
Common stock issued for debt and interest, Amount		$ 86	121,767		121,853
Common stock issued for cash, Shares		21,000
Common stock issued for cash, Amount		$ 21	20,979		21,000
Preferred stock issued for debt and interest, Shares	100,000
Preferred stock issued for debt and interest, Amount	$ 100		469,900		$ 470,000
Preferred stock converted to common stock, Shares	(100,000)	10,000,000
Preferred stock converted to common stock, Amount	$ (100)	$ 10,000	(9,900)
Resolution of derivative liabilities			72,124		$ 72,124
Net loss				$ (1,129,711)	(1,129,711)
Ending Balance, Shares at Dec. 31, 2014		10,566,969
Ending Balance, Amount at Dec. 31, 2014		$ 10,567	$ 9,760,054	$ (10,189,003)	$ (418,382)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities
Net loss	$ (1,129,711)	$ (289,810)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	2,248	$ 16,420
Common stock issued for services	266,500
Unrealized loss on marketable securities	2,900	$ 50,050
Loss on marketable securities	77,600
Loss on debt extinguishment	406,690
Amortization of debt discount	40,000
Loss on derivative liability	$ 32,124
Loss on equity method investment held in related party		$ 132,988
Marketable securities received for revenue		$ (25,550)
Loss on write-off of related party loans and loans receivable	$ 24,140
Changes in operating assets and liabilities:
Prepaid expense other assets		$ 35,000
Accounts payable and accrued expenses	$ 64,880	44,813
Net cash used in operating activities	(212,629)	(36,089)
Cash flows from investing activities
Loans to related parties	(14,700)	$ (1,500)
Loans to third party	(7,940)
Net cash used in investing activities	$ (22,640)	$ (1,500)
Cash flows from financing activities
Payments on notes payable		(2,000)
Proceeds from notes payable	$ 114,700	$ 15,068
Proceeds from sale of stock	21,000
Payments on related party notes payable	(3,500)	$ (4,000)
Proceeds from related party notes payable	104,350	28,400
Net cash provided by financing activities	236,550	37,468
Net increase (decrease) in cash	1,281	(121)
Cash, beginning of period	1,088	1,209
Cash, end of period	$ 2,369	$ 1,088
SUPPLEMENTAL DISCLOSURE:
Interest paid
Income taxes paid
NONCASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for debt and interest	$ 85,969
Preferred stock issued for debt and interest	99,194
Resolution of derivative liabilities	72,124
Debt discount due to derivative liability	40,000
Preferred stock converted to common stock	$ 10,000
Common stock returned and cancelled		$ 1

NATURE OF BUSINESS AND SUMMARY

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 1 - NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES	Nature of Business Crown Equity Holdings Inc. ("Crown Equity" or the "Company") was incorporated in August 1995 in Nevada. The Company offers its services to companies seeking to become public entities in the United States. It has launched a website, www.crownequityholdings.com, which offers its services in a wide range of fields. The Company provides various consulting services to companies and individuals dealing with corporate structure and operations globally. In 2010, the Company formed two subsidiaries Crown Tele Service, Inc. and CRWE Direct, Inc. Crown Tele Services will provide voice over IP messaging at a competitive price to other competitors and CRWE Direct will provide its client with direct sales of products. In 2011, the Company formed a wholly owned subsidiary CRWE Real Estate, Inc. CRWE Real Estate will hold real estate. Principles of Consolidation The consolidated financial statements include the financial information of Crown Equity Holdings and its wholly owned subsidiaries, Crown Tele Services, Inc., CRWE Direct, Inc. and CRWE Real Estate, Inc. All significant inter-company accounts and transactions have been eliminated. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet. Actual results could differ from those estimates. Cash and Cash Equivalents Crown Equity considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Stock-Based Compensation The Company accounts for stock-based compensation to employees in accordance with ASC 718 requiring employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at grant date, based on the fair value of the award and is recognized as expense over the requisite employee service period. The Company accounts for stock-based compensation to other than employees in accordance with FASB ASC 505-50. Equity instruments issued to other than employees are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments and is recognized as expense over the service period. The Company estimates the fair value of share-based payments using the Black-Scholes option-pricing model for common stock options and the closing price of the company's common stock for common share issuances. Revenue Recognition Crown Equity's revenue is recognized pursuant to ASC 605 "Revenue Recognition." The Company recognizes its revenue from services as those services are performed. Revenue recognition is limited to the amount that is not contingent upon delivery of any future service or meeting other specified performance conditions. Services are normally completed as described on the sales invoice issued for the service provided. In most cases the services is a one-time completion and recognized when the service is completed. If a service is provided over a time period that exceeds 30 days the revenue is recognized on a monthly basis at the end of the month in which it is completed. Contract revenues include royalties under license. Contract revenue related to technology licenses is fully recognized only after the license period has commenced, the technology has been delivered and no further involvement of Crown Equity is required. Crown Equity receives payment for its services in both cash and equity instruments issued by the customer. The equity instruments are accounted for in accordance with the provisions of ASC 718 "Compensation – Stock Compensation" and is based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date of the fair value of the equity instrument issued is the date on which the Company fully vests in the shares received. The Company is fully vested in the stock it received on the date of receipt of the shares. Services that are not preformed within the period are recognized as deferred revenue. Allowance for Doubtful Accounts The Company establishes an allowance for bad debts through a review of several factors including historical collection experience, current aging status of the customer accounts, and financial condition of our customers. The Company does not generally require collateral for our accounts receivable. There was no allowance for doubtful accounts as of December 31, 2014 and 2013. During 2014, the Company loaned $7,940 to a third party service provider. This loan and $16,200 of loans to related parties (see Note 7) were written-off during 2014 as they were deemed uncollectible. This resulted in a total loss of $24,140 in 2014. Concentrations During 2014, 100% of total revenue was generated from a single customer. During 2013, 30.9% of total revenue was generated from a single related party customer, Cleantech Transit, Inc., which has common officers and directors as the Company. General and Administrative Expenses Crown Equity's general and administrative expenses consisted of the following types of expenses during 2014 and 2013: Compensation expense, payroll expense, rent, travel and entertainment, legal and accounting, utilities, web sites, office expenses, depreciation and other administrative related expenses. Marketable Securities In accordance with Accounting Standards Codification 825 an entity is permitted to irrevocably elect fair value on a contract-by-contract basis for new assets or liabilities within the scope of ASC 825 as the initial and subsequent measurement attribute for those financial assets and liabilities and certain other items including property and casualty insurance contracts. Entities electing the fair value option are required to (i) recognize changes in fair value in earnings and (ii) expense any upfront costs and fees associated with the item for which the fair value option is elected. Entities electing the fair value option are required to distinguish, on the face of the statement of financial position, the fair value of assets and liabilities for which it has elected the fair value option, and similar assets and liabilities measured using another measurement attribute. An entity can accomplish this either by reporting the fair value and non-fair-value carrying amounts as separate line items or by aggregating those amounts and disclosing parenthetically the amount of fair value included in the aggregate amount. Crown Equity adopted ASC 825 in the third quarter of fiscal 2009 and elected the fair value option for all their marketable securities. Management has elected the fair value option as management believes it best reflects the true market value of the securities at the date of valuation. The Company reports the change in value of the securities as realized or unrealized gains or losses on a quarterly basis against earnings. The gain or loss is calculated as the difference between the acquiring value and the closing market value at the end of the reporting period. For securities purchased, the acquiring value is the fair value of the securities on the date they are acquired. For securities received as payment for revenue transactions, the acquiring value is the fair value of the securities on the date the Company receives the shares as this is the date the company is fully vested in the stock. Equity Method Investments For investments that represent significant influence in the investee, the Company follows ASC 323 Investments—Equity Method and Joint Ventures when recognizing these investments in the consolidated financial statements. Under this method, any net income or net loss must be recorded against the Company's investment, not to exceed the original investment and recognized as additional income or loss on the Company's income statement. Crown evaluates the carrying value of its equity method investments for impairment. During 2012, the Company's ownership percentage in Cleantech Transit, Inc., a related party due to common officers and directors, increased to more than 20% and the Company began accounting for this investment under the equity method. The Company's ownership percentage in Cleantech Transit, Inc. was 42% as of December 31, 2014 and 2013. Property and Equipment Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, which are 3 to 5 years. Impairment of Long-Lived Assets The Company reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical-cost carrying value of an asset may no longer be appropriate. The Company assesses recoverability of the asset by comparing the undiscounted future net cash flows expected to result from the asset to its carrying value. If the carrying value exceeds the undiscounted future net cash flows of the asset, an impairment loss is measured and recognized. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived asset. Fair value is estimated based upon either discounted cash flow analysis or estimated salvage value. No impairment charge was recorded in 2014 or 2013. Basic and Diluted Net Loss per Share Basic and diluted net loss per share calculations are calculated on the basis of the weighted average number of common shares outstanding during the year. They include the dilutive effect of common stock equivalents in years with net income. Basic and diluted net loss per share are the same due to the absence of common stock equivalents. Income Taxes Crown Equity recognizes deferred tax assets and liabilities based on differences between the financial reporting and tax basis of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. Crown Equity provides a valuation allowance for deferred tax assets for which it does not consider realization of such assets to be more likely than not. Fair Value of Financial Instruments The Company's financial instruments consist of cash, marketable securities and debt. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these consolidated financial statements. Reclassifications Certain prior period amounts have been reclassified to conform to current period presentation. Recently Issued Accounting Pronouncements Crown Equity does not expect the adoption of any recently issued accounting pronouncements to have a significant impact on their financial position, results of operations or cash flows.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 2 - GOING CONCERN	As shown in the accompanying consolidated financial statements, Crown Equity has historically suffered losses from operations and had a working capital deficit of $419,000 as of December 31, 2014. These conditions raise substantial doubt as to Crown Equity's ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might be necessary if Crown Equity is unable to continue as a going concern.

MARKETABLE SECURITIES

MARKETABLE SECURITIES	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 3 - MARKETABLE SECURITIES	Marketable securities are classified as available-for-sale and are presented in the consolidated balance sheets at fair market value. Per Accounting Standards Codification 820 " Fair Value Measurement ASC 820 establishes a valuation hierarchy for disclosure of the inputs to valuation used to measure fair value. This hierarchy prioritizes the inputs into three broad levels as follows: Level 1: Quoted market prices in active markets for identical assets or liabilities Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data Level 3: Unobservable inputs that are not corroborated by market data Crown Equity has classified these marketable securities at level 1 with a fair value of $0 and $80,500 as of December 31, 2014 and December 31, 2013, respectively. The Company has fully impaired the marketable securities as of December 31, 2014 due to the investments' lack of an active trading market and decline in fair value which was considered other than temporary. This resulted in an impairment loss of $77,600 during 2014. Unrealized losses on marketable securities totaled $2,900 and $50,050 during 2014 and 2013, respectively. Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2014: Description Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Balance as of December 31, 2014 Assets: Marketable securities $ - $ - $ - $ - Marketable securities held in related party - - - - Total $ - $ - $ - $ - Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2013: Description Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Balance as of December 31, 2013 Assets: Marketable securities $ 10,500 $ - $ - $ 10,500 Marketable securities held in related party 70,000 - - 70,000 Total $ 80,500 $ - $ - $ 80,500 Per Accounting Standards Codification 825 " The Fair Value Option for Financial Assets and Financial Liabilities—Including an Amendment of FASB Statement No. 115

EQUITY METHOD INVESTMENT IN REL

EQUITY METHOD INVESTMENT IN RELATED PARTY	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 4 - EQUITY METHOD INVESTMENT IN RELATED PARTY	The Company's ownership percentage in Cleantech Transit, Inc. was 42% as of December 31, 2014 and 2013. During late 2012, the Company's ownership percentage exceeded 20% and the Company began accounting for this investment under the equity method. It was accounted for as an available-for-sale investment during the nine months ended September 30, 2014. Cleantech has had no revenues since inception. Enterprise valuation was used to value this inactive entity and the equity method is used for ongoing reporting. As of December 31, 2014 and 2013, the carrying value of the equity method investment held in related party was zero. Aggregate losses recognized on the equity method investment held in related party were $0 and $132,988 during the years ended December 31, 2014 and 2013, respectively.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 5 - PROPERTY AND EQUIPMENT	Property and equipment consisted of the following at December 31, 2014 and 2013: 2014 2013 Computer equipment (useful lives of 3 to 5 years) $ 73,991 $ 73,991 Less: accumulation depreciation (73,373 ) (71,125 ) Net property and equipment $ 618 $ 2,866 Depreciation expense totaled $2,248 and $16,420 during 2014 and 2013, respectively.

NOTES PAYABLE

NOTES PAYABLE	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 6 - NOTES PAYABLE	During 2013 the Company borrowed an aggregate $15,068 under the following three third party transactions: · A demand, unsecured, non-interest bearing note for $1,250 from a non-related party. · A demand, unsecured, non-interest bearing note for $12,568 from a non-related party. · A demand, unsecured, non-interest bearing note for $1,250 from a non-related party. $2,000 was repaid on third party notes payable during 2013. During 2014 the Company borrowed an aggregate $114,700 under the following three third party transactions: · A demand, unsecured, 12% interest bearing note for $10,000 funded during 2014 from a non-related party. Principal and accrued interest were later converted into 10,200 common shares valued at $12,240. · A demand, unsecured, 12% interest bearing convertible note for $40,000 funded during 2014 from a non-related party. The note was convertible into common stock of the Company at a 50% discount to the quoted market price for the Company's common stock. This conversion option qualifies as a derivative liability and was accounted for as such (see Note 9). Principal and accrued interest were later converted into 41,200 common shares valued at $72,100. · A demand, unsecured, non-interest bearing note for $9,500 from a non-related party and was outstanding at December 31, 2014. · A demand, unsecured, 12% interest bearing note for $5,500 funded during 2014 from a non-related party. Principal and accrued interest were later converted into 5,555 common shares valued at $6,666. · An increase in an existing demand, unsecured, non-interest bearing note for $17,500 funded during 2014 from a non-related party. $25,068 of the total principal, and accrued interest were later converted into 27,589 common shares valued at $29,493 leaving the balance at $5,000outstanding at December 31, 2014. · An increase in an existing demand, unsecured, note bearing interest between 0% and 12% for $32,200 funded during 2014 from a non-related party. $33,450 was outstanding at December 31, 2014. Also during 2014, an existing demand, unsecured, non-interest bearing note for $1,250 from a non-related party, principal and accrued interest were converted into 1,425 shares of common stock valued at $1,354. The conversion of non-related party notes payable in 2014 resulted in a loss on extinguishment of debt of $35,884. As of December 31, 2014 and 2013, the aggregate outstanding principal on third party notes payable was $47,950 and $15,068, respectively.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 7 - RELATED PARTY TRANSACTIONS	The Company is provided office space by one of the officers and directors at no charge. The Company believes that this office space is sufficient for its needs for the foreseeable future. As of December 31, 2014 and 2013, the aggregate outstanding balance of notes payable to related parties was $155,885 and $134,219, respectively consisting of loans described below. During the year ended December 31, 2014, a related party converted debt of $79,184 and accrued interest of $20,010 into 100,000 shares of Series A preferred stock. The fair value of the preferred stock was determined to be $470,000 based upon the estimated fair value of the Company resulting in a loss on the extinguishment of debt of $370,806. This preferred stock was later converted into 10,000,000 shares of common stock during 2014. As of December 31, 2014 and 2013, the Company had a payable of $5,026 to Montse Zaman. The payable is unsecured, bears no interest and due on demand. During 2014, Arnulfo Saucedo-Bardan, a Director of the Company, made multiple advances due from the Company of $50,100. The debt is unsecured, carries 12% interest rate and is due on demand. During 2014, Mark Vega, a Director of the Company, made multiple advances due from the Company of $21,300. The debt is unsecured, carries 12% interest rate and is due on demand. On October 18, 2013 the Company borrowed an additional $8,550 from Ken Bosket our CEO. This is a demand note is unsecured and contains a zero percent stated interest rate. The total due to Ken Bosket at December 31, 2014 was $25,550. During 2014, a related party of the Company, made advances due from the Company of $4,000. The debt is unsecured, carries 12% interest rate and is due on demand. During 2014, Montse Zaman, a Director of the Company, made multiple advances and received payments for a net amount advanced to the Company of $16,900. The debt is unsecured, carries zero interest and is due on demand. The total outstanding balance under these advances was $36,910 at December 31, 2014. The Company has $17,025 due to Phoenix Consulting Services, a company controlled by Montse Zaman, as three year unsecured notes due on November 19, 2012, with interest accruing at 12% per annum. As of December 31, 2013 and 2014, the notes are in default and accrue interest at the rate of 18% per annum. During 2014, the Company loaned $14,700 to iB2B Global, Inc. (f.k.a EQCO2, Inc.). The Company wrote off the loan as it was deemed not collectable as of December 31, 2014. During 2013, Montse Zaman, a Director of the Company, made aggregate advances to the Company of $11,400 and the Company repaid $4,000. The debt is unsecured, carries zero interest and is due on demand. The total outstanding balance under these advances was $99,194 and as of December 31, 2013. On October 18, 2013 the Company borrowed $17,000 from Ken Bosket our CEO. This is a demand note is unsecured and contains a zero percent stated interest rate. In April 2012 the Company extended its contract with Cleantech Transit, Inc. from June 2011 through April 30, 2013. Under the terms of the agreement the Company receives $22,000 per month payable in either in cash or stock at the option of Cleantech Transit. During the year ended December 31, 2013 the Company received $20,000 in cash under the agreement. During 2013, the Company loaned $1,500 to Cleantech Transit. The loan is unsecured, bears no interest and is due on demand. The Company wrote off the loan as it was deemed not collectable as of December 31, 2014. During 2013, the Company generated revenue and received cash payment of $12,750 from LS Enterprises, an entity controlled by the former CFO of the Company. In April 2012 the Company extended its contract with Cleantech Transit, Inc. from June 2011 through April 30, 2013. Under the terms of the agreement the Company receives $22,000 per month payable in either in cash or stock at the option of Cleantech Transit. During the year ended December 31, 2012 the Company received an aggregate of 105,953,152 shares of Cleantech stock valued at $0 and received $21,800 in cash. During the year ended December 31, 2013 the Company received $20,000 in cash. The shares received from Cleantech were accounted as an equity method investment held in related party in the consolidated balance sheets (see Note 4). In July 2013 the Company entered into a management consultant contract with Cleantech Transit, Inc., a related party, for consulting services through June 30, 2014. The terms of the agreement call for $20,000 per month to be paid in two equal installments of cash and may be terminated by either party 30 days after written notice is given. Due to the nature of the close relationship between the parties, the Company will record this income upon receipt of the actual cash payments. There were no cash receipts and there was no revenue recognized under this agreement during the year ended December 31, 2014. As of December 31, 2014 and December 31, 2013, the Company held an aggregate of 7,000,000 common shares of American Video Teleconferencing, Inc. valued at $70,000 as of December 31, 2013. American Video Teleconferencing, Inc. became a related party in 2014 due to common officers and Directors. The investment was fully impaired during 2014.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 8 - STOCKHOLDERS' EQUITY	In December, 2007, the Company adopted the Crown Equity Holdings, Inc. Consultants and Employees Stock Plan for 2007. Under the Plan, 10,000,000 shares are reserved for issuance to employees, officers, directors, advisors and consultants. The Company effected a 2,000 for 1 reverse split of its common stock on June 9, 2014 and amended its authorized stock to include 490,000,000 shares of common stock and 10,000,000 shares of preferred stock. All share and per share amounts herein have been retroactively restated to reflect the split. The Company issued 100,000 shares of Series A preferred stock on September 23, 2014 to a related party for the conversion of debt and accrued interest (see Note 7). These shares carry a conversion right of 100 shares of common stock for each preferred share held. During 2014, the Company issued: · 20,500 common shares for services with a value of $266,500 · 21,000 common shares for cash of $21,000, · 86,000 common shares for the conversion of notes payable and interest valued at $121,853, · and 10,000,000 common shares for the conversion of 100,000 preferred shares. During 2013, an aggregate of 1,067 common shares previously issued for services were returned to the company and cancelled.

DERIVATIVE LIABILITY

DERIVATIVE LIABILITY	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 9 - DERIVATIVE LIABILITY	The Company accounts for derivative financial instruments in accordance with ASC 815, which requires that all derivative financial instruments be recorded in the balance sheets either as assets or liabilities at fair value. The Company's derivative liability is an embedded derivative associated with the Company's convertible promissory notes. The convertible promissory note was issued on July 14, 2014 and contains an embedded derivative feature which would individually warrant separate accounting as a derivative instrument under Paragraph 815-10-05-4. The embedded derivative feature includes the conversion feature to the Note. Pursuant to Paragraph 815-10-05-4, the value of the embedded derivative liability have been bifurcated from the debt host contract and recorded as a derivative liability resulting in a reduction of the initial carrying amount (as unamortized discount) of the notes, which are amortized as debt discount to be presented in other (income) expenses in the statements of operations using the effective interest method over the life of the notes. The embedded derivative within the note have been valued using the Black Scholes approach, recorded at fair value at the date of issuance; and marked-to-market at each reporting period end date with changes in fair value recorded in the Company's statements of operations as "change in the fair value of derivative instrument". As of July 14, 2014 and December 31, 2014, the estimated fair value of derivative liability was determined to be $76,162 and $0, respectively. On July 14, 2014, the derivative liability was recognized with a debt discount of $40,000 and a loss on derivative liabilities of $36,162. During the year ended December 31, 2014, amortization of $40,000 was recorded against the discount. The change in the fair value of derivative liabilities for the year ended December 31, 2014 was a gain of $4,038 resulting in an aggregate loss on derivative liabilities of $32,124. Summary of Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis Financial assets and liabilities measured at fair value on a recurring basis are summarized below and disclosed on the balance sheets: Fair Value Measurement Using Carrying Value Level 1 Level 2 Level 3 Total Derivative liabilities on conversion feature - - - - - Total derivative liabilities $ - $ - $ - $ - $ - Summary of the Changes in Fair Value of Level 3 Financial Liabilities The table below provides a summary of the changes in fair value, including net transfers in and/or out, of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the year ended December 31, 2014: Derivative Liability Fair value, December 31, 2013 $ - Additions recognized as debt discount 40,000 Additions recognized as derivative loss 36,162 Change in fair value (4,038 ) Resolution due to conversion of debt (72,124 ) Fair value, December 31, 2014 $ -

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 10 - INCOME TAXES	The Company follows ASC 740, Accounting for Income Taxes. During 2009, there was a change in control of the Company. Under section 382 of the Internal Revenue Code such a change in control negates much of the tax loss carry forward and deferred income tax. Deferred income taxes reflect the net tax effects of (a) temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting purposes, and (b) net operating loss carry forwards. For federal income tax purposes, the Company uses the accrual basis of accounting, the same that is used for financial reporting purposes. The Company did not have taxable income during 2014 or 2013. The Company's deferred tax assets consisted of the following as of December 31, 2014 and 2013: 2014 2013 Net operating loss $ 510,000 $ 240,000 Valuation allowance (510,000 ) (240,000 ) Net deferred tax asset $ - $ - As of December 31, 2014, the Company's accumulated net operating loss carry forward was approximately $1,366,000 and will begin to expire in the year 2032.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 11 - SUBSEQUENT EVENTS	Total common shares issued for the period from January 1, 2015 through May 19, 2016 was 628,862 shares which are broken down as follows: · 196,348 shares were issued for cash proceeds of $121,848. · 280,018 shares were issued for the settlement of promissory notes and interest of $201,518. · 152,496 shares were issued for services.

NATURE OF BUSINESS AND SUMMAR18

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Nature of Business	Crown Equity Holdings Inc. ("Crown Equity" or the "Company") was incorporated in August 1995 in Nevada. The Company offers its services to companies seeking to become public entities in the United States. It has launched a website, www.crownequityholdings.com, which offers its services in a wide range of fields. The Company provides various consulting services to companies and individuals dealing with corporate structure and operations globally. In 2010, the Company formed two subsidiaries Crown Tele Service, Inc. and CRWE Direct, Inc. Crown Tele Services will provide voice over IP messaging at a competitive price to other competitors and CRWE Direct will provide its client with direct sales of products. In 2011, the Company formed a wholly owned subsidiary CRWE Real Estate, Inc. CRWE Real Estate will hold real estate.
Principles of Consolidation	The consolidated financial statements include the financial information of Crown Equity Holdings and its wholly owned subsidiaries, Crown Tele Services, Inc., CRWE Direct, Inc. and CRWE Real Estate, Inc. All significant inter-company accounts and transactions have been eliminated.
Use of Estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet. Actual results could differ from those estimates.
Cash and Cash Equivalents	Crown Equity considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Stock-Based Compensation	The Company accounts for stock-based compensation to employees in accordance with ASC 718 requiring employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at grant date, based on the fair value of the award and is recognized as expense over the requisite employee service period. The Company accounts for stock-based compensation to other than employees in accordance with FASB ASC 505-50. Equity instruments issued to other than employees are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments and is recognized as expense over the service period. The Company estimates the fair value of share-based payments using the Black-Scholes option-pricing model for common stock options and the closing price of the company's common stock for common share issuances.
Revenue Recognition	Crown Equity's revenue is recognized pursuant to ASC 605 "Revenue Recognition." The Company recognizes its revenue from services as those services are performed. Revenue recognition is limited to the amount that is not contingent upon delivery of any future service or meeting other specified performance conditions. Services are normally completed as described on the sales invoice issued for the service provided. In most cases the services is a one-time completion and recognized when the service is completed. If a service is provided over a time period that exceeds 30 days the revenue is recognized on a monthly basis at the end of the month in which it is completed. Contract revenues include royalties under license. Contract revenue related to technology licenses is fully recognized only after the license period has commenced, the technology has been delivered and no further involvement of Crown Equity is required.
Allowance for Doubtful Accounts	The Company establishes an allowance for bad debts through a review of several factors including historical collection experience, current aging status of the customer accounts, and financial condition of our customers. The Company does not generally require collateral for our accounts receivable. There was no allowance for doubtful accounts as of December 31, 2014 and 2013. During 2014, the Company loaned $7,940 to a third party service provider. This loan and $16,200 of loans to related parties (see Note 7) were written-off during 2014 as they were deemed uncollectible. This resulted in a total loss of $24,140 in 2014.
Concentrations	During 2014, 100% of total revenue was generated from a single customer. During 2013, 30.9% of total revenue was generated from a single related party customer, Cleantech Transit, Inc., which has common officers and directors as the Company.
General and Administrative Expenses	Crown Equity's general and administrative expenses consisted of the following types of expenses during 2014 and 2013: Compensation expense, payroll expense, rent, travel and entertainment, legal and accounting, utilities, web sites, office expenses, depreciation and other administrative related expenses.
Marketable Securities	In accordance with Accounting Standards Codification 825 an entity is permitted to irrevocably elect fair value on a contract-by-contract basis for new assets or liabilities within the scope of ASC 825 as the initial and subsequent measurement attribute for those financial assets and liabilities and certain other items including property and casualty insurance contracts. Entities electing the fair value option are required to (i) recognize changes in fair value in earnings and (ii) expense any upfront costs and fees associated with the item for which the fair value option is elected. Entities electing the fair value option are required to distinguish, on the face of the statement of financial position, the fair value of assets and liabilities for which it has elected the fair value option, and similar assets and liabilities measured using another measurement attribute. An entity can accomplish this either by reporting the fair value and non-fair-value carrying amounts as separate line items or by aggregating those amounts and disclosing parenthetically the amount of fair value included in the aggregate amount. Crown Equity adopted ASC 825 in the third quarter of fiscal 2009 and elected the fair value option for all their marketable securities. Management has elected the fair value option as management believes it best reflects the true market value of the securities at the date of valuation. The Company reports the change in value of the securities as realized or unrealized gains or losses on a quarterly basis against earnings. The gain or loss is calculated as the difference between the acquiring value and the closing market value at the end of the reporting period. For securities purchased, the acquiring value is the fair value of the securities on the date they are acquired. For securities received as payment for revenue transactions, the acquiring value is the fair value of the securities on the date the Company receives the shares as this is the date the company is fully vested in the stock.
Equity Method Investments	For investments that represent significant influence in the investee, the Company follows ASC 323 Investments—Equity Method and Joint Ventures when recognizing these investments in the consolidated financial statements. Under this method, any net income or net loss must be recorded against the Company's investment, not to exceed the original investment and recognized as additional income or loss on the Company's income statement. Crown evaluates the carrying value of its equity method investments for impairment.
Property and Equipment	Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, which are 3 to 5 years.
Impairment of Long-Lived Assets	The Company reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical-cost carrying value of an asset may no longer be appropriate. The Company assesses recoverability of the asset by comparing the undiscounted future net cash flows expected to result from the asset to its carrying value. If the carrying value exceeds the undiscounted future net cash flows of the asset, an impairment loss is measured and recognized. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived asset. Fair value is estimated based upon either discounted cash flow analysis or estimated salvage value. No impairment charge was recorded in 2014 or 2013.
Basic and Diluted Net Loss per Share	Basic and diluted net loss per share calculations are calculated on the basis of the weighted average number of common shares outstanding during the year. They include the dilutive effect of common stock equivalents in years with net income. Basic and diluted net loss per share are the same due to the absence of common stock equivalents.
Income Taxes	Crown Equity recognizes deferred tax assets and liabilities based on differences between the financial reporting and tax basis of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. Crown Equity provides a valuation allowance for deferred tax assets for which it does not consider realization of such assets to be more likely than not.
Fair Value of Financial Instruments	The Company's financial instruments consist of cash, marketable securities and debt. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these consolidated financial statements.
Reclassifications	Certain prior period amounts have been reclassified to conform to current period presentation.
Recently Issued Accounting Pronouncements	Crown Equity does not expect the adoption of any recently issued accounting pronouncements to have a significant impact on their financial position, results of operations or cash flows.

MARKETABLE SECURITIES (Tables)

MARKETABLE SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2014
Marketable Securities Tables
Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2014: Description Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Balance as of December 31, 2014 Assets: Marketable securities $ - $ - $ - $ - Marketable securities held in related party - - - - Total $ - $ - $ - $ - Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2013: Description Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Balance as of December 31, 2013 Assets: Marketable securities $ 10,500 $ - $ - $ 10,500 Marketable securities held in related party 70,000 - - 70,000 Total $ 80,500 $ - $ - $ 80,500

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Schedule of Property and equipment	Property and equipment consisted of the following at December 31, 2014 and 2013: 2014 2013 Computer equipment (useful lives of 3 to 5 years) $ 73,991 $ 73,991 Less: accumulation depreciation (73,373 ) (71,125 ) Net property and equipment $ 618 $ 2,866

DERIVATIVE LIABILITY (Tables)

DERIVATIVE LIABILITY (Tables)	12 Months Ended
	Dec. 31, 2014
Derivative Liability Tables
Summary of Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis	Financial assets and liabilities measured at fair value on a recurring basis are summarized below and disclosed on the balance sheets: Fair Value Measurement Using Carrying Value Level 1 Level 2 Level 3 Total Derivative liabilities on conversion feature - - - - - Total derivative liabilities $ - $ - $ - $ - $ -
Summary of the Changes in Fair Value of Level 3 Financial Liabilities	The table below provides a summary of the changes in fair value, including net transfers in and/or out, of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the year ended December 31, 2014: Derivative Liability Fair value, December 31, 2013 $ - Additions recognized as debt discount 40,000 Additions recognized as derivative loss 36,162 Change in fair value (4,038 ) Resolution due to conversion of debt (72,124 ) Fair value, December 31, 2014 $ -

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Schedule of deferred tax assets	The Company's deferred tax assets consisted of the following as of December 31, 2014 and 2013: 2014 2013 Net operating loss $ 510,000 $ 240,000 Valuation allowance (510,000 ) (240,000 ) Net deferred tax asset $ - $ -

NATURE OF BUSINESS AND SUMMAR23

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Loans to third party	$ (7,940)
Loans to related parties	16,200
Loss on write-off of related party loans and loans receivable	$ 24,140
Cleantech Transit, Inc [Member]
Ownership percentage in subsidiary	42.00%	42.00%
Single customer [Member]
Total revenue, Percentage	100.00%	30.90%

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative)	Dec. 31, 2014USD ($)
Going Concern Details Narrative
Working capital deficit	$ 419,000

MARKETABLE SECURITIES (Details)

MARKETABLE SECURITIES (Details) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Assets:
Marketable securities		$ 10,500
Marketable securities held in related party		70,000
Total		80,500
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) [Member]
Assets:
Marketable securities		10,500
Marketable securities held in related party		70,000
Total		$ 80,500
Significant Other Observable Inputs (Level 2) [Member]
Assets:
Marketable securities
Marketable securities held in related party
Total
Significant Unobservable Inputs (Level 3) [Member]
Assets:
Marketable securities
Marketable securities held in related party
Total

MARKETABLE SECURITIES (Details

MARKETABLE SECURITIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Marketable securities	$ 0
Loss on marketable securities	(77,600)
Unrealized (gain) loss on marketable securities	$ 2,900	$ 50,050
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) [Member]
Marketable securities		$ 80,500

EQUITY METHOD INVESTMENT IN R27

EQUITY METHOD INVESTMENT IN RELATED PARTY (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Carrying value of the equity method investment held in related party	$ 0	$ 0
Loss on equity method investment held in related party		$ 132,988
Cleantech Transit, Inc [Member]
Ownership percentage in subsidiary	42.00%	42.00%

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Property And Equipment Details
Computer equipment (useful lives of 3 to 5 years)	$ 73,991	$ 73,991
Less: accumulation depreciation	(73,373)	(71,125)
Net property and equipment	$ 618	$ 2,866

PROPERTY AND EQUIPMENT (Detai29

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Property And Equipment Details Narrative
Depreciation expense	$ 2,248	$ 16,420

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Notes Payable	$ 114,700	$ 15,068
Convertible note funded	$ 1,250
Converted common shares	1,425
Converted common amount	$ 1,354
Third party Notes payable	47,950	15,068
Loss on extinguishment of debt	$ 35,884
Unsecured Non Interest Bearing Note [Member]
Interest rate	12.00%
Convertible note funded	$ 10,000	1,250
Converted common shares	10,200
Converted common amount	$ 12,240
Unsecured Non Interest Bearing Note 1 [Member]
Interest rate	12.00%
Convertible note funded	$ 40,000	12,568
Converted common shares	41,200
Converted common amount	$ 72,100
Discount on common stock	50.00%
Unsecured Non Interest Bearing Note 2 [Member]
Convertible note funded	$ 9,500	$ 1,250
Unsecured Non Interest Bearing Note 3 [Member]
Interest rate	12.00%
Convertible note funded	$ 5,500
Converted common shares	5,555
Converted common amount	$ 6,666
Unsecured Non Interest Bearing Note 4 [Member]
Interest rate		0.00%
Convertible note funded	$ 17,500
Converted common shares	27,589
Converted common amount	$ 29,493
Remaining balance	$ 5,000
Unsecured Non Interest Bearing Note 5 [Member]
Interest rate	12.00%
Convertible note funded	$ 32,200
Remaining balance	$ 33,450

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Outstanding notes payable to related parties	$ 155,885	$ 134,219
Aggregate payments on these notes payable	3,500
Related party converted debt	79,184
Accrued interest	20,010
Fair value of the preferred stock	470,000
Loss on the conversion of related party debt	370,806
Notes payable due	70,000	70,000
Past due amount of bearing interest	$ 96,209	$ 96,209
Default bearing interest	18.00%	18.00%
Aggregate common shares	7,000,000	7,000,000
Loan Outstanding	$ 1,500	$ 1,500
Company made advances to related party entities controlled by officers or directors of the Company	16,140
Additional Advances from Related parties	$ 4,000
Interest rate	12.00%
Converted preferred stock	100,000
Monste Zaman [Member]
Payable of the company	$ 5,026	5,026
Additional Advances from Related parties	$ 16,900
Interest rate	0.00%
Outstanding advance balance	$ 36,910	$ 99,194
Arnulfo Saucedo-Bardan [Member]
Additional Advances from Related parties	$ 50,100
Interest rate	12.00%
Mark Vega [Member]
Additional Advances from Related parties	$ 21,300
Interest rate	12.00%
Ken Bosket [Member]
Additional Advances from Related parties	$ 25,550
Phoenix Consulting Services Inc [Member]
Additional Advances from Related parties	$ 17,025
Interest rate	18.00%
iB2B Global, Inc [Member]
Loaned	$ 14,700

EQUITY (Details Narrative)

EQUITY (Details Narrative)	12 Months Ended
	Dec. 31, 2014USD ($)shares
Equity Details Narrative
Common stock issued for services, Shares	20,500
Common stock issued for services, Amount | $	$ 266,500
Conversion of common shares	86,000
Conversion of notes payable | $	$ 121,853
Common stock for the conversion of preferred stock	10,000,000
Preferred stock for the conversion of common stock	10,000,000
Common stock issued for cash, Shares	21,000
Common stock issued for cash, Amount | $	$ 21,000

DERIVATIVE LIABILITY (Details)

DERIVATIVE LIABILITY (Details)	Dec. 31, 2014USD ($)
Derivative liabilities on conversion feature
Total derivative liabilities
Carrying Value [Member]
Derivative liabilities on conversion feature
Total derivative liabilities
Level 1 [Member]
Derivative liabilities on conversion feature
Total derivative liabilities
Level 2 [Member]
Derivative liabilities on conversion feature
Total derivative liabilities
Level 3 [Member]
Derivative liabilities on conversion feature
Total derivative liabilities

DERIVATIVE LIABILITY (Details 1

DERIVATIVE LIABILITY (Details 1) - Derivative Liability [Member]	Dec. 31, 2014USD ($)
Fair value, December 31, 2013
Additions	$ 40,000
Change in fair value	36,162
Transfers in and/or out of Level 3	(4,038)
Fair value, December 31, 2014	$ (72,124)

DERIVATIVE LIABILITY (Details N

DERIVATIVE LIABILITY (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Sep. 30, 2013
Derivative Liability Details Narrative
Estimated fair value of derivative liability	$ 76,162	$ 56,003
Amortization of derivative liability	40,000	$ 9,373
change in the fair value of derivative liabilities	4,038
Aggregate loss on derivative liabilities	$ 32,124

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Income Taxes Details
Net operating loss	$ 510,000	$ 240,000
Valuation allowance	$ (510,000)	$ (240,000)
Net deferred tax asset

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	12 Months Ended
	Dec. 31, 2014USD ($)
Income Taxes Details Narrative
Net operating loss carry forward	$ 1,366,000
Net operating loss carry forward expiration date	2,032