Document_and_Entity_Informatio
Document and Entity Information (USD $) | 12 Months Ended | ||
Dec. 31, 2014 | Feb. 27, 2015 | Jun. 30, 2014 | |
STOCKHOLDERS' DEFICIT CHANGES | |||
Entity Registrant Name | JOLLEY MARKETING INC | ||
Document Type | 10-K | ||
Document Period End Date | 31-Dec-14 | ||
Amendment Flag | FALSE | ||
Entity Central Index Key | 1187953 | ||
Current Fiscal Year End Date | -19 | ||
Entity Common Stock, Shares Outstanding | 18,113,750 | ||
Entity Filer Category | Smaller Reporting Company | ||
Entity Current Reporting Status | Yes | ||
Entity Voluntary Filers | No | ||
Entity Well-known Seasoned Issuer | No | ||
Document Fiscal Year Focus | 2014 | ||
Document Fiscal Period Focus | FY | ||
Entity Public Float | $0 |
JOLLEY_MARKETING_INC_BALANCE_S
JOLLEY MARKETING, INC. BALANCE SHEETS (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
CURRENT ASSETS: | ||
Cash | $954 | $374 |
Total Current Assets | 954 | 374 |
Total Assets | 954 | 374 |
CURRENT LIABILITIES: | ||
Accounts payable | 10,188 | 8,083 |
Notes payable and accrued interest - related party | 143,809 | 117,322 |
Total Current Liabilities | 153,997 | 125,405 |
STOCKHOLDERS' DEFICIT: | ||
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding | 0 | 0 |
Common stock, $0.001 par value, 600,000,000 shares authorized, 18,113,750 shares issued and outstanding | 18,114 | 18,114 |
Capital in excess of par value | 154,181 | 154,181 |
Retained Deficit | -325,338 | -297,326 |
Total Stockholders' Deficit | -153,043 | -125,031 |
Total Liabilities and Stockholders' Deficit | $954 | $374 |
Recovered_Sheet1
Jolley Marketing, Inc. Balance Sheet (Parenthetical) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Statement of Financial Position | ||
Preferred stock authorized | 10,000,000 | 10,000,000 |
Preferred stock par value | $0.00 | $0.00 |
Preferred stock outstanding | 0 | 0 |
Preferred stock issued | 0 | 0 |
Common stock authorized | 600,000,000 | 600,000,000 |
Common stock par value | $0.00 | $0.00 |
Common stock outstanding | 18,113,750 | 18,113,750 |
Common stock issued | 18,113,750 | 18,113,750 |
JOLLEY_MARKETING_INC_STATEMENT
JOLLEY MARKETING, INC. STATEMENTS OF OPERATIONS (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Income Statement | ||
REVENUE | $0 | $0 |
OPERATING EXPENSES: | ||
Professional fees | 18,676 | 19,445 |
Other general and administrative | 750 | 675 |
Total Operating Expenses | 19,426 | 20,120 |
LOSS BEFORE OTHER INCOME (EXPENSE) | -19,426 | -20,120 |
OTHER INCOME (EXPENSE): | ||
Interest expense - related party | -8,586 | -7,162 |
Total Other Income (Expense) | -8,586 | -7,162 |
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | -28,012 | -27,282 |
CURRENT INCOME TAX BENEFIT (EXPENSE) | 0 | 0 |
DEFERRED INCOME TAX BENEFIT (EXPENSE) | 0 | 0 |
Net Loss | ($28,012) | ($27,282) |
BASIC AND DILUTED LOSS PER COMMON SHARE: | ||
Net loss per common share | $0 | $0 |
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING | 18,113,750 | 18,113,750 |
JOLLEY_MARKETING_INC_STATEMENT1
JOLLEY MARKETING, INC. STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013 (USD $) | Preferred stock | Common stock | Capital in Excess of Par Value | Retained Deficit | Total |
Stockholders' Equity, beginning balance at Dec. 31, 2012 | $0 | $18,114 | $154,181 | ($270,044) | ($97,749) |
Balance preferred shares, beginning balance at Dec. 31, 2012 | 0 | ||||
Balance common shares, beginning balance at Dec. 31, 2012 | 18,113,750 | 0 | 0 | 18,113,750 | |
Net Loss | 0 | 0 | 0 | -27,282 | -27,282 |
Stockholders' Equity, ending balance at Dec. 31, 2013 | 0 | 18,114 | 154,181 | -297,326 | -125,031 |
Balance preferred shares, ending balance at Dec. 31, 2013 | 0 | 0 | |||
Balance common shares, ending balance at Dec. 31, 2013 | 18,113,750 | 0 | 0 | 18,113,750 | |
Net Loss | 0 | 0 | 0 | -28,012 | -28,012 |
Stockholders' Equity, ending balance at Dec. 31, 2014 | $0 | $18,114 | $154,181 | ($325,338) | ($153,043) |
Balance preferred shares, ending balance at Dec. 31, 2014 | 0 | 0 | |||
Balance common shares, ending balance at Dec. 31, 2014 | 18,113,750 | 0 | 0 | 18,113,750 |
JOLLEY_MARKETING_INC_STATEMENT2
JOLLEY MARKETING, INC. STATEMENTS OF CASH FLOWS (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Cash Flows From Operating Activities: | ||
Net Loss | ($28,012) | ($27,282) |
(Increase) decrease in prepaid expense | 0 | 787 |
Increase (decrease) in accounts payable | 2,106 | -1,897 |
Increase in accrued interest - related party | 8,586 | 5,485 |
Net cash used by operating activities | -17,320 | -22,907 |
Net cash provided by investing activities | 0 | 0 |
Cash Flows From Financing Activities: | ||
Payments on notes payable - related party | 0 | -13,350 |
Proceeds from issuance of notes payable - related party | 17,900 | 35,850 |
Net cash provided by financing activities | 17,900 | 22,500 |
Net Increase (Decrease) in Cash | 580 | -407 |
Cash at Beginning of Period | 374 | 781 |
Cash at End of Period | 954 | 374 |
Supplemental Disclosures of Cash Flow Information: | ||
Interest | 0 | 1,675 |
Income taxes | $0 | $0 |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2014 | |
Notes | |
Summary of Significant Accounting Policies | |
NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
Organization – Jolley Marketing, Inc. (“the Company”) was organized under the laws of the State of Nevada on December 3, 1998. The Company sold lighting products to industrial, commercial, and residential customers through June 2008, when the Company discontinued its operations. | |
In September 2002 the Company filed SEC Form SB-2 but immediately withdrew the filing in November of the same year due to health problems of the Company’s president. None of the Company’s securities were offered, or sold, under that registration. | |
Cash and Cash Equivalents - The Company considers all highly liquid debt investments purchased with a maturity of three months or less to be cash equivalents. | |
Accounting 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, the disclosures 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 estimated by management. | |
Dividends - The Company has, at the present time, not paid any dividends and any dividends that may be paid in the future will depend upon the financial requirements of the Company and other relevant factors. | |
Revenue Recognition - The Company recognizes revenue net of sales taxes when rights and risk of ownership have passed to the customer, when there is persuasive evidence of an arrangement, the product has been delivered to the customer, the price and terms are finalized, and collection of resulting receivable is reasonably assured. | |
Impairment of Long-Lived Assets - The Company reviews long-lived assets, at least annually, to determine if impairment has occurred and whether the economic benefit of the asset (fair value of assets to be used and fair value less disposal cost for assets to be disposed of) is expected to be less than the carrying value. Triggering events, which signal further analysis, consist of a significant decrease in the asset's market value, a substantial change in the use of an asset, a significant physical change in the asset, a significant change in the legal or business climate that could affect the asset, an accumulation of costs significantly in excess of the amount originally expected to acquire or construct the asset, or a history of losses that imply continued loss associated with assets used to generate revenue. The Company has no long-lived assets as of December 31, 2014 and 2013. | |
Income Taxes - The Company applies ASC 740, Income Taxes, which requires the asset and liability method of accounting for income taxes. The asset and liability method requires that the current or deferred tax consequences of all events recognized in the financial statements are measured by applying the provisions of enacted tax laws to determine the amount of taxes payable or refundable currently or in future years. Deferred income taxes are provided for items reported in different periods for income tax purposes than for financial reporting purposes. Deferred tax assets are reviewed for recoverability and the Company records a valuation allowance to reduce its deferred tax assets when it is more likely than not that all or some portion of the deferred tax assets will not be recovered. | |
The Company adopted ASC 740, Accounting for Uncertainty in Income Taxes on January 1, 2007. This interpretation requires recognition and measurement of uncertain tax positions using a "more-likely-than-not" approach, requiring the recognition and measurement of uncertain tax positions. The adoption of ASC 740 had no material impact on the Company's financial statements. (See Note 5 below) | |
Earnings (Loss) Per Share - The basic computation of loss per share is based on the weighted average number of shares outstanding during the period presented in accordance with ASC 260, "Earnings Per Share." (See Note 7) | |
The computation of diluted earnings per common share is based on the weighted average number of shares outstanding during the period plus the common stock equivalents which would arise from the exercise of stock options and warrants outstanding using the treasury stock method and the average market price per share during the period. Common stock equivalents are not included in the diluted earnings per share calculation when their effect is antidilutive. The Company has not granted any stock options or warrants since inception. | |
Recently Enacted Accounting Standards - From time to time, new accounting pronouncements are issued by FASB that are adopted by the Company as of the specified effective date. If not discussed, management believes that the impact of recently issued standards, which are not yet effective, will not have a material impact on the Company’s financial statements upon adoption. | |
NOTE 2 - GOING CONCERN | |
The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. However, during the year ended December 31, 2014, the Company incurred a net loss of $28,012, had negative cash flows, and has no operations. These factors raise substantial doubt about the ability of the Company to continue as a going concern. In this regard, management is proposing to raise any necessary additional funds not provided by operations through loans or through additional sales of common stock. There is no assurance that the Company will be successful in raising this additional capital or in achieving profitable operations. The financial statements do not include any adjustments that might result from the outcome of these uncertainties. |
Related_Party_Transactions
Related Party Transactions | 12 Months Ended |
Dec. 31, 2014 | |
Notes | |
Related Party Transactions | |
NOTE 3 RELATED PARTY TRANSACTIONS | |
Notes Payable – During 2009, 2010 and 2011, an entity owned by an officer/shareholder of the Company loaned a total of $53,150 to the Company. The notes are due on demand and bear interest at 8% per annum. For the years ended December 2014 and 2013, the Company accrued interest expense of $4,252 and $4,252, respectively, on the notes. Total accrued interest is $20,841 and $16,589 at December 31, 2014 and December 31, 2013, respectively. | |
On August 1, 2011 a minority shareholder loaned $6,000 to the Company. The note is in twenty four months and bears interest at 8% per annum. On August 6, 2013 this note and accrued interest was paid in full. For the year ended December 31, 2014 and 2013, the Company accrued interest expense of $0 and $289, respectively on the note. | |
On February 8, 2012 a minority shareholder loaned $3,500 to the Company. On March 5, 2012, a related party loaned $3,000 to the Company. On May 2, 2012, a minority shareholder loaned $2,500 to the Company. This note was paid in full in 2013. On July 16, 2012, a minority shareholder loaned $1,000 to the Company. On August 7, 2012, a minority shareholder loaned $3,200 to the Company. This note was paid in full in 2013. On November 1, 2012 a minority shareholder loaned $1,600 to the Company. On November 13, 2012, a minority shareholder loaned $1,650 to the Company. This note was paid in full in 2013. On February 4, 2013, a minority shareholder loaned $6,000 to the Company. On March 14, 2013, a minority shareholder loaned $2,850 to the Company. On May 9, 2013 a minority shareholder loaned $5,700 to the Company. On August 6, 2013, a minority shareholder loaned $12,000 to the Company. On November 7, 2013 a minority shareholder loaned $9,300 to the Company. On March 18, 2014, a minority shareholder loaned $5,000 to the Company. On May 8, 2014, a minority shareholder loaned $5,250 to the Company. On August 4, 2014, a minority shareholder loaned $2,650 to the Company. On October 15, 2014, a minority shareholder loaned $5,000 to the Company. As of December 31, 2014, the total outstanding balance of these notes payable is $62,850These notes are due on demand and bears interest at 8% per annum. During the years ended December 31, 2014 and 2013, the Company recorded interest expense of $4,334 and $2,910 respectively, on these notes. Total accrued interest is $6,968 and $ 2,634 at December 31, 2014 and December 31, 2013, respectively. | |
Management Compensation - During the years ended December 31, 2014 and 2013, the Company paid no compensation to its officers and directors. | |
Office Space - The Company has not had a need to rent office space. Officers/stockholders of the Company have allowed the Company to use their offices as a mailing address, as needed, at no cost to the Company. |
Capital_Stock
Capital Stock | 12 Months Ended |
Dec. 31, 2014 | |
Notes | |
Capital Stock | |
NOTE 4 CAPITAL STOCK | |
Preferred Stock - The Company has authorized 10,000,000 shares preferred stock, $0.001 par value, with such rights, preferences and designations and to be issued in such series as determined by the Board of Directors. No shares are issued and outstanding as of December 31, 2014 and December 31, 2013. | |
Common Stock - The Company has authorized 600,000,000 shares of common stock, $0.001 par value. The Company has 18,113,750 common shares issued and outstanding as of December 31, 2014 and December 31, 2013. |
Income_Taxes
Income Taxes | 12 Months Ended |
Dec. 31, 2014 | |
Notes | |
Income Taxes | |
NOTE 5 INCOME TAXES | |
The Company accounts for income taxes in accordance with ASC 740, “Income Taxes.” This standard requires the Company to provide a net deferred tax asset or liability equal to the expected future tax benefit or expense of temporary reporting differences between book and tax accounting and any available operating loss or tax credit carryforwards. | |
The Company has available at December 31, 2014, net operating loss carryforwards of approximately $193,800 which may be applied against future taxable income and which expire in 2026 through 2034. If there are substantial changes in the Company’s ownership, there may be an annual limitation on the amount of net operating loss carryforwards which can be utilized. The amount of and ultimate realization of the benefits from the deferred tax assets for income tax purposes is dependent, in part, upon the tax laws in effect, the Company’s future earnings, and other future events, the effects of which cannot be determined. Because of the uncertainty surrounding the realization of the deferred tax assets, the Company has established a valuation allowance equal to the net deferred tax assets and, therefore, no deferred tax assets have been recognized. The net deferred tax assets are approximately $29,100 and $26,200 as of December 31, 2014 and 2013, respectively, with an offsetting valuation allowance of the same amount. The change in the valuation allowance for the year ended December 31, 2014 is approximately $2,910. | |
The Company adopted the provisions of ASC 740, Accounting for Uncertainty in Income Taxes, on January 1, 2007. As result of the implementation of ASC 740, the Company recognized no increase in the liability for unrecognized tax benefits. The Company has no tax positions at December 31, 2014 and 2013 for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. | |
The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. During the period ended December 31, 2014 and 2013, the Company recognized no interest and penalties. The Company had no accruals for interest and penalties at December 31, 2014 and 2013. | |
The tax years 2013, 2012, 2011, 2010, 2009, 2008, and 2007 remain open to examination for federal income tax purposes and by the other major taxing jurisdictions to which the Company is subject. |
Fair_Value_of_Financial_Instru
Fair Value of Financial Instruments | 12 Months Ended |
Dec. 31, 2014 | |
Notes | |
Fair Value of Financial Instruments | |
NOTE 6 - Fair Value of Financial Instruments | |
The Company’s financial instruments consist of cash and accounts payable. The carrying amount of cash and accounts payable approximates fair value because of the short-term nature of these items. |
Loss_Per_Share
Loss Per Share | 12 Months Ended | ||||
Dec. 31, 2014 | |||||
Notes | |||||
Loss Per Share | |||||
NOTE 7 - Loss per Share | |||||
The following data shows the amounts used in computing loss per share for the periods presented: | |||||
For the years ended December 31, 2014 | For the years ended December 31, 2013 | ||||
Loss available to common Stockholders (numerator) | -28,012 | -27,282 | |||
Weighted average number of common shares outstanding during the period used in loss per share (denominator) | 18,113,750 | 18,113,750 | |||
Dilutive loss per share was not presented; however, there was no impact because the Company had no common equivalent shares for any of the periods presented that would affect the computation of diluted loss per share. Furthermore, as the Company has losses for the periods ended December 31, 2014 and 2013, the potentially dilutive shares are anti-dilutive and are thus not added into the loss per share calculation. |
Subsequent_Events
Subsequent Events | 12 Months Ended |
Dec. 31, 2014 | |
Notes | |
Subsequent Events | |
NOTE 8 - SUBSEQUENT EVENTS | |
One February 9, 2015 the Company amended two promissory notes that were set to expire in the first quarter of 2015. The amendments extended the notes for one year. | |
The Company has evaluated subsequent events from the balance sheet date to the date the financial statements were issued and has concluded that no additional recognized or nonrecognized subsequent events have occurred since December 31, 2014. |
Summary_of_Significant_Account1
Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2014 | |
Policies | |
Organization, Consolidation and Presentation of Financial Statements Disclosure | |
Organization – Jolley Marketing, Inc. (“the Company”) was organized under the laws of the State of Nevada on December 3, 1998. The Company sold lighting products to industrial, commercial, and residential customers through June 2008, when the Company discontinued its operations. | |
In September 2002 the Company filed SEC Form SB-2 but immediately withdrew the filing in November of the same year due to health problems of the Company’s president. None of the Company’s securities were offered, or sold, under that registration. | |
Cash and Cash Equivalents | |
Cash and Cash Equivalents - The Company considers all highly liquid debt investments purchased with a maturity of three months or less to be cash equivalents. | |
Use of Estimates, Policy | |
Accounting 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, the disclosures 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 estimated by management. | |
Dividends | |
Dividends - The Company has, at the present time, not paid any dividends and any dividends that may be paid in the future will depend upon the financial requirements of the Company and other relevant factors. | |
Revenue Recognition | |
Revenue Recognition - The Company recognizes revenue net of sales taxes when rights and risk of ownership have passed to the customer, when there is persuasive evidence of an arrangement, the product has been delivered to the customer, the price and terms are finalized, and collection of resulting receivable is reasonably assured. | |
Impairment of Long-Lived Assets | |
Impairment of Long-Lived Assets - The Company reviews long-lived assets, at least annually, to determine if impairment has occurred and whether the economic benefit of the asset (fair value of assets to be used and fair value less disposal cost for assets to be disposed of) is expected to be less than the carrying value. Triggering events, which signal further analysis, consist of a significant decrease in the asset's market value, a substantial change in the use of an asset, a significant physical change in the asset, a significant change in the legal or business climate that could affect the asset, an accumulation of costs significantly in excess of the amount originally expected to acquire or construct the asset, or a history of losses that imply continued loss associated with assets used to generate revenue. The Company has no long-lived assets as of December 31, 2014 and 2013. | |
Income Tax, Policy | |
Income Taxes - The Company applies ASC 740, Income Taxes, which requires the asset and liability method of accounting for income taxes. The asset and liability method requires that the current or deferred tax consequences of all events recognized in the financial statements are measured by applying the provisions of enacted tax laws to determine the amount of taxes payable or refundable currently or in future years. Deferred income taxes are provided for items reported in different periods for income tax purposes than for financial reporting purposes. Deferred tax assets are reviewed for recoverability and the Company records a valuation allowance to reduce its deferred tax assets when it is more likely than not that all or some portion of the deferred tax assets will not be recovered. | |
The Company adopted ASC 740, Accounting for Uncertainty in Income Taxes on January 1, 2007. This interpretation requires recognition and measurement of uncertain tax positions using a "more-likely-than-not" approach, requiring the recognition and measurement of uncertain tax positions. The adoption of ASC 740 had no material impact on the Company's financial statements. (See Note 5 below) | |
Earnings (loss) Per Share | |
Earnings (Loss) Per Share - The basic computation of loss per share is based on the weighted average number of shares outstanding during the period presented in accordance with ASC 260, "Earnings Per Share." (See Note 7) | |
The computation of diluted earnings per common share is based on the weighted average number of shares outstanding during the period plus the common stock equivalents which would arise from the exercise of stock options and warrants outstanding using the treasury stock method and the average market price per share during the period. Common stock equivalents are not included in the diluted earnings per share calculation when their effect is antidilutive. The Company has not granted any stock options or warrants since inception. | |
Recently Enacted Accounting Standards | |
Recently Enacted Accounting Standards - From time to time, new accounting pronouncements are issued by FASB that are adopted by the Company as of the specified effective date. If not discussed, management believes that the impact of recently issued standards, which are not yet effective, will not have a material impact on the Company’s financial statements upon adoption. | |
Going Concern | |
NOTE 2 - GOING CONCERN | |
The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. However, during the year ended December 31, 2014, the Company incurred a net loss of $28,012, had negative cash flows, and has no operations. These factors raise substantial doubt about the ability of the Company to continue as a going concern. In this regard, management is proposing to raise any necessary additional funds not provided by operations through loans or through additional sales of common stock. There is no assurance that the Company will be successful in raising this additional capital or in achieving profitable operations. The financial statements do not include any adjustments that might result from the outcome of these uncertainties. |
Loss_Per_Share_Tables
Loss Per Share (Tables) | 12 Months Ended | ||||
Dec. 31, 2014 | |||||
Tables/Schedules | |||||
Amounts used in computing loss per share | |||||
The following data shows the amounts used in computing loss per share for the periods presented: | |||||
For the years ended December 31, 2014 | For the years ended December 31, 2013 | ||||
Loss available to common Stockholders (numerator) | -28,012 | -27,282 | |||
Weighted average number of common shares outstanding during the period used in loss per share (denominator) | 18,113,750 | 18,113,750 |
Related_Party_Transactions_Det
Related Party Transactions (Details) (USD $) | 12 Months Ended | 36 Months Ended | |||||||||||||||||||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2011 | Dec. 31, 2011 | Oct. 15, 2014 | Aug. 04, 2014 | 8-May-14 | Mar. 18, 2014 | Nov. 07, 2013 | Aug. 06, 2013 | 9-May-13 | Mar. 14, 2013 | Feb. 04, 2013 | Nov. 13, 2012 | Nov. 01, 2012 | Aug. 07, 2012 | Jul. 16, 2012 | 2-May-12 | Mar. 05, 2012 | Feb. 08, 2012 | Aug. 01, 2011 | |
Details | |||||||||||||||||||||
Notes Payable, Related Parties | $53,150 | ||||||||||||||||||||
Related Party Transaction, Rate | 8.00% | 8.00% | 8.00% | ||||||||||||||||||
Accrued Interest Expense On Notes | 4,252 | 4,252 | |||||||||||||||||||
Total Accrued Interest Expense On Notes | 20,841 | 16,589 | |||||||||||||||||||
Minority Shareholder Loans | 5,000 | 2,650 | 5,250 | 5,000 | 9,300 | 12,000 | 5,700 | 2,850 | 6,000 | 1,650 | 1,600 | 3,200 | 1,000 | 2,500 | 3,000 | 3,500 | 6,000 | ||||
Interest Expense on August 2011 Note | 0 | 289 | |||||||||||||||||||
Total outstanding minority loans | 62,850 | ||||||||||||||||||||
Interest Expense on Minority Shareholder Loans | 4,334 | 2,910 | |||||||||||||||||||
Total accrued interest | $6,968 | $2,634 |
Capital_Stock_Details
Capital Stock (Details) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Details | |||
Preferred stock authorized | 10,000,000 | 10,000,000 | |
Preferred Stock, Par or Stated Value Per Share | $0.00 | ||
Common stock authorized | 600,000,000 | 600,000,000 | |
Common Stock, Par or Stated Value Per Share | $0.00 | ||
Common stock outstanding | 18,113,750 | 18,113,750 | 18,113,750 |
Income_Taxes_Details
Income Taxes (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Details | ||
Operating Loss Carryforwards | $193,800 | |
Deferred Tax Assets, Net | 29,100 | 26,200 |
Valuation Allowance, Deferred Tax Asset, Change in Amount | $2,910 |
Loss_Per_Share_Details
Loss Per Share (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Details | ||
Net Loss | ($28,012) | ($27,282) |
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING | 18,113,750 | 18,113,750 |