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Rhino Biotech Limited (RBRXF) 20-F29 Apr 162015 FY Annual report (foreign)Financial data

Company Profile

Document and Entity Information

Document and Entity Information	12 Months Ended
Document and Entity Information	Dec. 31, 2015shares
Document And Entity Information
Entity Registrant Name	EURASIA ENERGY LTD
Entity Central Index Key	1,278,465
Document Type	20-F
Document Period End Date	Dec. 31, 2015
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?	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	34,548,368
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current assets
Cash	$ 44,437	$ 74,634
Prepaid expenses	1,194	875
Total current assets	45,631	75,509
Current liabilities
Accounts payable and accrued expenses	3,176	3,550
Total current liabilities	3,176	3,550
Stockholders' equity (Note 6)
Common stock, par value $0.001, authorized 100,000,000 shares; issued and outstanding shares (December 31, 2015: 34,548,368; December 31, 2014: 34,548,368)	34,548	34,548
Additional paid-in capital	7,104,130	7,104,130
Accumulated deficit	(7,096,223)	(7,066,719)
Total stockholders' equity	42,455	71,959
Total liabilities and stockholders' equity	$ 45,631	$ 75,509

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Balance Sheets Parenthetical
Common stock par value	$ 0.001	$ 0.001
Common stock authorized shares	100,000,000	100,000,000
Common stock issued shares	34,548,368	34,548,368
Common stock outstanding shares	34,548,368	34,548,368

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Statements Of Operations
Revenue
Expenses
General and administrative	$ 20,140	$ 22,608
General and administrative - related party (Note 7)	$ 9,364	9,455
Travel		643
Total Expenses	$ 29,504	32,706
Operating Loss	$ (29,504)	$ (32,706)
Other income and expenses
Net loss	$ (29,504)	$ (32,706)
Net loss per common share (Note 5) - basic and fully diluted	$ 0	$ 0
Weighted average number of common (Note 5) shares outstanding - basic and fully diluted	34,548,368	34,548,368

STATEMENTS OF STOCKHOLDER'S EQU

STATEMENTS OF STOCKHOLDER'S EQUITY (DEFICIT) - USD ($)	Common Stock	Additional paid-in capital	Accumulated Deficit	Total
Beginning Balance, Shares at Dec. 31, 2013	34,548,368
Beginning Balance, Amount at Dec. 31, 2013	$ 34,548	$ 7,104,130	$ (7,034,013)	$ 104,665
Net Loss			(32,706)	(32,706)
Ending Balance, Shares at Dec. 31, 2014	34,548,368
Ending Balance, Amount at Dec. 31, 2014	$ 34,548	$ 7,104,130	(7,066,719)	71,959
Net Loss			(29,504)	(29,504)
Ending Balance, Shares at Dec. 31, 2015	34,548,368
Ending Balance, Amount at Dec. 31, 2015	$ 34,548	$ 7,104,130	$ (7,096,223)	$ 42,455

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Cash flows used in operating activities
Net loss	$ (29,504)	$ (32,706)
Adjustments to reconcile net income (loss) to net cash flows from operating activities
Prepaid expenses	(319)
Accounts payable and accrued expenses	541	$ 150
Accounts payable and accrued expenses - related party	(915)
Net cash used in operating activities	$ (30,197)	$ (32,556)
Cash flows from investing activities
Cash flows from investing activities
Cash flows from financing activities
Cash flows from financing activities
Decrease in cash	$ (30,197)	$ (32,556)
Cash, beginning of year	74,634	107,190
Cash, end of year	$ 44,437	$ 74,634
Non-Cash Financing Transaction:
Stock issued for accounts payable and debt settlement

Organization

Organization	12 Months Ended
Organization	Dec. 31, 2015
Organization
Note 1. Organization	Eurasia Energy Limited ("the Company") is currently inactive. The Company's principal business is to explore investment and/or involvement opportunities in both the resource and non-resource sectors and is currently evaluating suitable targets. To date, the Company has not generated revenues from operations.

Going Concern Uncertainties

Going Concern Uncertainties	12 Months Ended
Going Concern Uncertainties	Dec. 31, 2015
Going Concern Uncertainties
Note 2. Going Concern Uncertainties	The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States, which contemplate continuation of the Company as a going concern. However, the Company has limited operations and has sustained operating losses in recent years resulting in an accumulated deficit. In view of these matters, realization of a major portion of the assets in the accompanying balance sheets is dependent upon the continued operations of the Company, which in turn is dependent upon the Company's ability to meet its financing requirements, and the success of its future operations. The Company has incurred losses from operations and has an accumulated deficit of $7,096,223 at December 31, 2015. The Company's ability to continue as a going concern is in substantial doubt and is dependent upon obtaining additional financing and/or achieving a sustainable profitable level of operations. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. The Company believes that the cash on hand will be able to meet its on-going costs in the next 12 months. The Company may seek additional equity as necessary and it expects to raise funds through private or public equity investment in order to support existing operations and expand the range of its business. There is no assurance that such additional funds will be available for the Company on acceptable terms, if at all.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
Significant Accounting Policies	Dec. 31, 2015
Significant Accounting Policies
Note 3. Significant Accounting Policies	(a) Principles of Accounting These financial statements are stated in U.S. Dollars and have been prepared in accordance with accounting principles generally accepted in the United States. (b) Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States 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. Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available to management. Actual results could differ from those estimates. (c) Cash The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company occasionally has cash deposits in excess of insured limits. (d) Income Taxes Deferred income tax assets and liabilities are computed for differences between the financial statements and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred income tax assets to the amount expected to be realized. A tax position is a position in a previously filed tax return or a position expected to be taken in a future tax filing that is reflected in measuring current or deferred income tax assets and liabilities. Tax positions are recognized only when it is more likely than not (likelihood of greater than 50%), based on technical merits, that the position would be sustained upon examination by taxing authorities. The amount recognized is the largest benefit that the Company believes has a greater than 50% likelihood of being realized upon settlement. The Company reports a liability, if any, for unrecognized tax benefits resulting from uncertain income tax positions taken or expected to be taken in an income tax return. Estimated interest and penalties, if any, are recorded as a component of income taxes. No liability has been recorded for uncertain tax positions, or related interest or penalties. (e) Earnings (Loss) Per Share Basic earnings (loss) per share is computed by dividing income/loss (numerator) applicable to common stockholders by the weighted average number of common shares outstanding (denominator) for the period. Diluted earnings or loss per share is computed by dividing income (numerator) applicable to common stockholders by the weighted average number of common shares outstanding (denominator) and dilutive common stock equivalents for the period. (f) Stock-Based Compensation The Company accounts for stock based compensation for all stock-based awards at fair value on the date of grant and recognizes compensation over the service period for awards expected to vest. The fair value of stock options is determined using the Black-Scholes valuation model with the assumptions disclosed in the notes to financial statements. (g) Foreign Currency Translation The Company maintains a U.S. Dollar bank account at a financial institution in Canada. Foreign currency transactions are translated into their functional currency, which is the U.S. Dollar, in the following manner: At the transaction date, each asset, liability, revenue and expense is translated into the functional currency by the use of the exchange rate in effect at that date. At the period end, monetary assets and liabilities are translated into U.S. Dollars by using the exchange rate in effect at that date. Transaction gains and losses that arise from exchange rate fluctuations are included in the results of operations. (h) Fair Value of Financial Instruments The determination of fair value of financial instruments is made at a specific point in time, based on relevant information about financial markets and specific financial instruments. As these estimates are subjective in nature, involving uncertainties and matters of significant judgment, they cannot be determined with precision. Changes in assumptions can significantly affect estimated fair values. The carrying value of cash, accounts payable and accrued expenses approximates their fair value because of the short-term nature of these instruments. The Company places its cash with high credit quality financial institutions. (i) Related Party Transactions Related parties include: (a) affiliates of the entity; (b) entities for which investments in their equity securities would be required to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees; (d) principal owners of the entity and members of their immediate families; (e) management of entity and members of their immediate families; (f) other parties with which the entity may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; (g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
Recent Accounting Pronouncements	Dec. 31, 2015
Recent Accounting Pronouncements
Note 4. Recent Accounting Pronouncements	(a) Recent accounting pronouncements adopted during the period: (i) Development Stage Entities On January 1, 2015, the Company adopted the Accounting Standards Update ("ASU") No. 2014-10, "Development Stage Entities" (b) Recent accounting pronouncements not yet adopted: (i) Revenue from Contracts with Customers In May 2014, the Financial Accounting Standards Board ("FASB") issued ASU No. 2014-09, " Revenue from Contracts with Customers (Topic 606)" (ii) Going Concern In August 2014, the FASB issued ASU No. 2014-15, "Presentation of Financial Statements Going Concern" which is authoritative guidance on management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and provide related footnote disclosures, codified in ASC 205-40, Going Concern (iii) Income Statement Extraordinary and Unusual Items In January 2015, the FASB issued ASU No. 2015-01, Income Statement - Extraordinary and Unusual Items (iv) Deferred Taxes In November 2015, the FASB issued ASU No. 2015-17, "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes." ASU 2015-17 requires that deferred tax assets and liabilities be classified as non-current in a classified statement of financial position. The current requirement that deferred tax assets and liabilities of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this ASU. ASU 2015-17 is effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods, with early adoption permitted. Its adoption is not expected to have a material effect on the Company's consolidated financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company's financial statements upon adoption.

Earnings (Loss) per Share

Earnings (Loss) per Share	12 Months Ended
Earnings (Loss) per Share	Dec. 31, 2015
Earnings Loss Per Share
Note 5. Earnings (Loss) per Share	Basic earnings or loss per share is based on the weighted average number of shares outstanding during the period of the financial statements. Diluted earnings or loss per share are based on the weighted average number of common shares outstanding and dilutive common stock equivalents. All per share and per share information are adjusted retroactively to reflect stock splits and changes in par value, when applicable. For the years ended December 31, 2015 and 2014, all loss per share amounts in the financial statements are basic loss per share. 5,050,000 (2014: 5,050,000) dilutive stock options for the year ended December 31, 2015 are not included in the computation of diluted loss per share because to do so would be anti-dilutive. The computation of basic and diluted earnings (loss) per share as follows for years ended December 31, 2015 and 2014: Year ended December 31, 2015 2014 Numerator- net loss available to common stockholders $ (29,504 ) $ (32,706 ) Denominator- weighted average number of common shares outstanding 34,548,368 34,548,368 Dilutive common stock equivalents- stock options - - Denominator- weighted average number of fully diluted common shares outstanding 34,548,368 34,548,368 Basic loss per common share $ (0.00 ) $ (0.00 ) Diluted loss per common share $ (0.00 ) $ (0.00 )

Common Stock, Warrants and Opti

Common Stock, Warrants and Options	12 Months Ended
Common Stock, Warrants and Options	Dec. 31, 2015
Common Stock Warrants And Options
Note 6. Common Stock, Warrants and Options	(a) Common Stock No common stock was issued during the years ended December 31, 2015 and 2014. (b) Warrants The Company did not have any outstanding share purchase warrants at December 31, 2015 and December 31, 2014. During the years ended December 31, 2015 and 2014, the Company did not have any share purchase warrants issued, cancelled or exercised. (c) Options The Company allots 2,000,000 common shares for issuance under the 2007 Stock Option Plan. The stock options granted to any one optionee may not exceed 1,000,000 shares. On June 1, 2011, the Board of Directors adopted the 2011 Stock Option Plan (the "2011 Plan") which allocates 3,000,000 common shares for issuance under the 2011 Plan. On June 1, 2011, the Company granted 2,500,000 stock options under its 2011 Plan to directors, officers, employees and consultants with an exercise price of $0.05 each, expiring on June 1, 2016. The options vested immediately. The fair value of the 2,500,000 options granted was estimated at $0.0025 each, for a total of amount of $6,250, by using the Black-Scholes Option Pricing Model with the following weighted average assumptions: dividend yield of 0%, expected volatility of 666.60%, risk-free interest rates of 1.60%, and expected lives of 5.0 years. On April 2, 2012, the Board of Directors adopted the 2012 Stock Option Plan (the "2012 Plan") which allocates 3,000,000 common shares for issuance under the 2012 Plan. On April 2, 2012, the Company granted 500,000 stock options under its 2011 Plan and 2,050,000 stock options under its 2012 Plan to directors, officers, employees and consultants with an exercise price of $0.05 each, expiring on April 2, 2017. The options vested immediately. The fair value of the 2,550,000 options granted was estimated at $0.0030 each, for a total of amount of $7,650, by using the Black-Scholes Option Pricing Model with the following weighted average assumptions: dividend yield of 0%, expected volatility of 294.13%, risk-free interest rates of 1.03%, and expected lives of 5.0 years. The movement of options is summarized as follows: Weighted average Number exercise of options price Balance, December 31, 2015 and 2014 5,050,000 $ 0.05 During the years ended December 31, 2015 and 2014, the Company did not have any stock options issued, cancelled, or exercised. The following table summarizes information about stock options outstanding at December 31, 2015 and December 31, 2014: Number Weighted Number Weighted outstanding average exercisable average at remaining at Average exercise December 31, contractual December 31, instrinsic price 2015 life (years) 2015 value $ 0.05 5,050,000 0.84 5,050,000 $ - 5,050,000 0.84 5,050,000 Number Weighted Number Weighted outstanding average exercisable average at remaining at Average exercise December 31, contractual December 31, instrinsic price 2014 life (years) 2014 value $ 0.05 5,050,000 2.59 5,050,000 $ - 5,050,000 2.59 5,050,000 The aggregate intrinsic value in the table above represents the total pretax intrinsic value for all "in-the-money" options (i.e. the difference between the Company's closing stock price on the last trading day of the year ended December 31, 2015 and the exercise price, multiplied by the number of shares) that would have been received by the option holders had all option holders exercised their options on December 31, 2015. Total intrinsic value of options exercised was $nil (December 31, 2014: $nil) for the year ended December 31, 2015. All the stock options were vested prior to the year ended December 31, 2015. The Company does not repurchase shares to fulfill the requirements of options that are exercised. Further, the Company issues new shares when options are exercised.

Related Party Transactions

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2015
Related Party Transactions
Note 7. Related Party Transactions	During the year ended December 31, 2015, the Company paid corporate and administrative service charges of $9,364 (2014: $9,455) to a law firm of which a director of the Company is the owner, respectively. As of December 31, 2015, the Company had an amount of $124 (December 31, 2014: $1,039) owing to a law firm of which a director of the Company is the owner.

Income Tax

Income Tax	12 Months Ended
Income Tax	Dec. 31, 2015
Income Tax
Note 8. Income Tax	The Company was liable for taxes in the United States until it completed its continuation from the State of Nevada, U.S.A. to Anguilla, British West Indies since December 31, 2007. There is no income tax imposed on companies by the government of Anguilla, British West Indies. For the years ended December 31, 2015 and 2014, the Company did not have any income for tax purposes and therefore, no tax liability or expense has been recorded in these financial statements. For U.S. tax reporting purpose, the Company has available net operating loss carryforwards of approximately $1,338,000 for tax purposes to offset future taxable income which expires commencing 2025 through the year 2027. Pursuant to the Tax Reform Act of 1986, annual utilization of the Company's net operating loss carryforwards may be limited if a cumulative change in ownership of more than 50% is deemed to occur within any three-year period. The deferred tax asset associated with the tax loss carryforwards is approximately $455,000 at December 31, 2015. The Company has provided a full valuation allowance against the deferred tax asset.

Significant Accounting Polici15

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Dec. 31, 2015
Significant Accounting Policies Policies
Principles of Accounting	These financial statements are stated in U.S. Dollars and have been prepared in accordance with accounting principles generally accepted in the United States.
Use of Estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States 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. Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available to management. Actual results could differ from those estimates.
Cash	The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company occasionally has cash deposits in excess of insured limits.
Income Taxes	Deferred income tax assets and liabilities are computed for differences between the financial statements and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred income tax assets to the amount expected to be realized. A tax position is a position in a previously filed tax return or a position expected to be taken in a future tax filing that is reflected in measuring current or deferred income tax assets and liabilities. Tax positions are recognized only when it is more likely than not (likelihood of greater than 50%), based on technical merits, that the position would be sustained upon examination by taxing authorities. The amount recognized is the largest benefit that the Company believes has a greater than 50% likelihood of being realized upon settlement. The Company reports a liability, if any, for unrecognized tax benefits resulting from uncertain income tax positions taken or expected to be taken in an income tax return. Estimated interest and penalties, if any, are recorded as a component of income taxes. No liability has been recorded for uncertain tax positions, or related interest or penalties.
Earnings (Loss) Per Share	Basic earnings (loss) per share is computed by dividing income/loss (numerator) applicable to common stockholders by the weighted average number of common shares outstanding (denominator) for the period. Diluted earnings or loss per share is computed by dividing income (numerator) applicable to common stockholders by the weighted average number of common shares outstanding (denominator) and dilutive common stock equivalents for the period.
Stock-Based Compensation	The Company accounts for stock based compensation for all stock-based awards at fair value on the date of grant and recognizes compensation over the service period for awards expected to vest. The fair value of stock options is determined using the Black-Scholes valuation model with the assumptions disclosed in the notes to financial statements.
Foreign Currency Translation	The Company maintains a U.S. Dollar bank account at a financial institution in Canada. Foreign currency transactions are translated into their functional currency, which is the U.S. Dollar, in the following manner: At the transaction date, each asset, liability, revenue and expense is translated into the functional currency by the use of the exchange rate in effect at that date. At the period end, monetary assets and liabilities are translated into U.S. Dollars by using the exchange rate in effect at that date. Transaction gains and losses that arise from exchange rate fluctuations are included in the results of operations.
Fair Value of Financial Instruments	The determination of fair value of financial instruments is made at a specific point in time, based on relevant information about financial markets and specific financial instruments. As these estimates are subjective in nature, involving uncertainties and matters of significant judgment, they cannot be determined with precision. Changes in assumptions can significantly affect estimated fair values. The carrying value of cash, accounts payable and accrued expenses approximates their fair value because of the short-term nature of these instruments. The Company places its cash with high credit quality financial institutions.
Related Party Transactions	Related parties include: (a) affiliates of the entity; (b) entities for which investments in their equity securities would be required to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees; (d) principal owners of the entity and members of their immediate families; (e) management of entity and members of their immediate families; (f) other parties with which the entity may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; (g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.

Earnings (Loss) per Share (Tabl

Earnings (Loss) per Share (Tables)	12 Months Ended
Earnings (Loss) per Share (Tables)	Dec. 31, 2015
Earnings Loss Per Share Tables
Computation of basic and diluted earnings (loss) per share	The computation of basic and diluted earnings (loss) per share as follows for years ended December 31, 2015 and 2014: Year ended December 31, 2015 2014 Numerator- net loss available to common stockholders $ (29,504 ) $ (32,706 ) Denominator- weighted average number of common shares outstanding 34,548,368 34,548,368 Dilutive common stock equivalents- stock options - - Denominator- weighted average number of fully diluted common shares outstanding 34,548,368 34,548,368 Basic loss per common share $ (0.00 ) $ (0.00 ) Diluted loss per common share $ (0.00 ) $ (0.00 )

Common Stock, Warrants and Op17

Common Stock, Warrants and Options (Tables)	12 Months Ended
Common Stock, Warrants and Options (Tables)	Dec. 31, 2015
Common Stock Warrants And Options Tables
Movement of options	The movement of options is summarized as follows: Weighted average Number exercise of options price Balance, December 31, 2015 and 2014 5,050,000 $ 0.05
Summary information about stock options outstanding	The following table summarizes information about stock options outstanding at December 31, 2015 and December 31, 2014: Number Weighted Number Weighted outstanding average exercisable average at remaining at Average exercise December 31, contractual December 31, instrinsic price 2015 life (years) 2015 value $ 0.05 5,050,000 0.84 5,050,000 $ - 5,050,000 0.84 5,050,000 Number Weighted Number Weighted outstanding average exercisable average at remaining at Average exercise December 31, contractual December 31, instrinsic price 2014 life (years) 2014 value $ 0.05 5,050,000 2.59 5,050,000 $ - 5,050,000 2.59 5,050,000

Going Concern Uncertainties (De

Going Concern Uncertainties (Details Narrative) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Going Concern Uncertainties Details Narrative
Accumulated deficit	$ (7,096,223)	$ (7,066,719)

Earnings (Loss) per Share (Deta

Earnings (Loss) per Share (Details) - USD ($)	12 Months Ended
Earnings (Loss) per Share (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Earnings Loss Per Share
Numerator - net loss available to common stockholders	$ (29,504)	$ (32,706)
Denominator - weighted average number of common shares outstanding	34,548,368	34,548,368
Dilutive common stock equivalents - stock options
Denominator - weighted average number of fully diluted common shares outstanding	34,548,368	34,548,368
Basic loss per common share	$ 0	$ 0
Diluted earnings (loss) per common share	$ 0	$ 0

Earnings (Loss) per Share (De20

Earnings (Loss) per Share (Details Narrative) - shares	12 Months Ended
Earnings (Loss) per Share (Details Narrative) - shares	Dec. 31, 2015	Dec. 31, 2014
Earnings Loss Per Share
Dilutive stock options	5,050,000	5,050,000

Common Stock, Warrants and Op21

Common Stock, Warrants and Options (Details) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Common Stock Warrants And Options
Number of options	5,050,000	5,050,000
Weighted average exercise price	$ 0.05	$ 0.05

Common Stock, Warrants and Op22

Common Stock, Warrants and Options (Details 1) - USD ($)	12 Months Ended
Common Stock, Warrants and Options (Details 1) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Common Stock Warrants And Options
Weighted Average exercise price	$ 0.05	$ 0.05
Number Outstanding	5,050,000	5,050,000
Weighted average remaining contractual life (years)	10 months 2 days	2 years 7 months 2 days
Number Exercisable	5,050,000	5,050,000
Average instrinsic value

Common Stock, Warrants and Op23

Common Stock, Warrants and Options (Details Narrative) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Common Stock Warrants And Options Details Narrative
Intrinsic value of options exercised	$ 0	$ 0

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended
Related Party Transactions (Details Narrative) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Related Party Transactions Details Narrative
General and administrative - related party (Note 7)	$ 9,364	$ 9,455
Accrued director fees	$ 124	$ 1,039

Income Tax (Details Narrative)

Income Tax (Details Narrative)	12 Months Ended
Income Tax (Details Narrative)	Dec. 31, 2015USD ($)
Income Tax
Net operating loss carryforwards	$ 1,338,000
Net operating loss carryforwards expiration dates	Expires commencing 2025 through the year 2027.
Deferred tax asset tax loss carryforwards	$ 455,000

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