FBEC Worldwide (FBEC) 10-Q/A 4 Sep 14 2014 Q2 Quarterly report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Jun. 30, 2014	Sep. 02, 2014
Document and Entity Information:	'	'
Entity Registrant Name	'Frontier Beverage Company, Inc	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Entity Central Index Key	'0001311735	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	383,692,111
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	'Q2	'

CONDENSED_BALANCE_SHEETS

CONDENSED BALANCE SHEETS (USD $)	Jun. 30, 2014
Current Assets:	'
Cash	$5,135
Total assets	5,135
Current Liabilities:	'
Convertible notes payable, net of debt discount of $98,415	262,768
Loans payable	22,675
Accounts payable	7,681
Derivative liabilities	634,938
Total current liabilities	928,062
Commitments and Contingencies	'
Stockholders' Deficit:	'
Preferred stock - par value $0.001; 100,000,000 shares authorized; 10,000 Series A convertible preferred shares designated, 10,000 shares issued and outstanding	10
Common stock - par value $0.001; 500,000,000 shares authorized; 270,081,000 shares issued and outstanding	270,081
Additional paid-in capital	370,573
Accumulated deficit	-1,563,591
Total stockholders' deficit	-922,927
Total liabilities and stockholders' deficit	$5,135

CONDENSED_BALANCE_SHEETS_PAREN

CONDENSED BALANCE SHEETS PARENTHETICALS (USD $)	Jun. 30, 2014
Parentheticals	'
Convertible notes payable, debt discount	$98,415
Preferred Stock, par value	$0.00
Preferred Stock, shares authorized	100,000,000
Series A convertible preferred shares designated	10,000
Preferred Stock, shares outstanding	10,000
Common Stock, par value	$0.00
Common Stock, shares authorized	500,000,000
Common Stock, shares issued	270,081,000
Common Stock, shares outstanding	270,081,000

CONDENSED_STATEMENTS_OF_OPERAT

CONDENSED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2014
Revenues:	'	'
Revenues, net	$0	$0
Cost of goods sold	0	0
Gross profit	0	0
Operating expenses	'	'
Selling, general and administrative	116,397	204,064
Bad debt expense	100,613	100,613
Total operating expenses	217,010	200,451
Loss from operations	-217,010	-304,677
Other income (expenses)	'	'
Gain (loss) on debt settlement	19,454	-59,776
Gain in fair value of derivative liability	34,260	271,158
Loss on conversion of debt	-395	395
Interest expense	-180,240	-188,174
Total other income (expense)	-126,921	22,813
Loss before taxes	-343,931	-281,864
Provision for income taxes	0	0
Net loss	($343,931)	($281,864)
Loss per share, basic and diluted	$0	$0
Weighted average number of shares outstanding, basic and diluted	227,663,418	187,752,271

CONDENSED_STATEMENTS_OF_CASH_F

CONDENSED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES	'
Net loss	($281,864)
Adjustments to reconcile net loss to net cash used in operating activities:	'
Amortization of debt discount	54,929
Bad debt expense	100,613
Gain on change in fair value of derivative liability	-271,159
Non-cash interest	147,586
Loss on debt settlement	59,776
Loss on conversion of debt	395
Stock for services	61,700
Changes in operating assets and liabilities:	'
Accounts payable	73,803
Accrued expenses and other current liabilities	9,356
Net cash flows used in operating activities	-44,865
CASH FLOWS FROM INVESTING ACTIVITIES	0
CASH FLOWS FROM FINANCING ACTIVITIES	'
Proceeds from convertible notes payable	50,000
Net cash flows provided by financing activities	50,000
Increase in cash	5,135
Cash, beginning of period	0
Cash, end of period	5,135
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:	'
Interest paid	0
Income taxes paid	0
SUPPLEMENTAL DISCLOSURES OF NON CASH INVESTING AND FINANCING ACTIVITIES	'
Shares issued for settlement of payables	129,001
Shares issued for reserve on convertible note	15,000
Recapitalization effect	1,218,727
Shares issued for conversion of notes payables	89,500
Convertible notes payable issud for settlement of payables	103,344
Sale of subsidiary	143,942
Services to be received as consideration for sale of subsidiary	10,000
Extinguishment of derivative liabilty	52,105
Derivative liability at inception	$281,871

BASIS_OF_PRESENTATION_AND_RECE

BASIS OF PRESENTATION AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Jun. 30, 2014
BASIS OF PRESENTATION AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	'
BASIS OF PRESENTATION AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	'
	NOTE 1 – BASIS OF PRESENTATION AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS
	Interim Financial Reporting
	While the information presented in the accompanying interim financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows for the interim periods presented in accordance with generally accepted accounting principles in the United States of America ("GAAP").  These interim financial statements have adjustments related to the accounting for a reverse acquisition completed on February 3, 2014. The acquired company did not exist at the end of this three and six month period in 2013 and therefore, no comparative data is reflected for the period ending June 30, 2013 or at the audit period ending December 31, 2013. For the Company, Frontier Beverage Company, Inc. (the “Company”),  all adjustments are of a normal, recurring nature.  Interim financial statements and the notes thereto do not contain all of the disclosures normally found in year-end audited financial statements and these Notes to Financial Statements are abbreviated and contain only certain disclosures related to the three and six month period ended June 30, 2014.  It is suggested that these interim financial statements be read in conjunction with our audited financial statements and related notes for the year ended December 31, 2013 included in our Form 10-K filed with the Securities Exchange Commission on April 16, 2014.  Operating results for the period from January 13, 2014 (date of inception) through ended June 30, 2014 are not necessarily indicative of the results that can be expected for the period from January 13, 2014 (date of inception) through December 31, 2014.
	Basis of presentation and going concern uncertainty
	The accompanying unaudited condensed financial statements have been prepared in conformity with GAAP, which contemplates continuation of the Company as a going concern, which is dependent upon the Company's ability to establish itself as a profitable business.  At June 30, 2014, the Company has an accumulated deficit of $1,563,591 and has incurred net loss of $281,864 from continuing operations for the period from January 13, 2014 (date of inception) through June 30, 2014.  The Company’s ability to continue in business is dependent upon obtaining sufficient financing or attaining profitable operations.  However, there can be no assurance that management will be successful in obtaining additional funding or in attaining profitable operations, and therefore, these matters raise substantial doubt about the Company's ability to continue as a going concern.  These unaudited condensed consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties, nor do they include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should the Company be unable to continue in operation.
	Change of Control
	On July 1, 2013, an unrelated third party acquired an aggregate of 15,978,000 shares of Common Stock of the Company constituting approximately 85% of the Company’s issued and outstanding Common Stock.
	On October 9, 2013, the Company entered into share exchange agreement to acquire 100% of the issued and outstanding share capital with Gallant Acquisition Corp. (GAC) the 100% owner of all of the issued and outstanding share capital of 22 Social Club Productions (22 SCP) and its subsidiaries, Blue 22 Entertainment and Appquest, Inc. for 140,000,000 common shares of the Company and 5,000,000 shares of common stock of the Company to Appquest, Inc. Effectively, GAC held 89% of the issued and outstanding common shares of the Company and the transaction has been accounted for as a reverse merger, where 22 SCP is deemed to be the acquirer and the surviving entity for accounting purposes.
	On December 31, 2013, the Company sold 30% shares of 22 Social Club Productions, Inc. to GAC, a related party in return of 100,000,000 restricted common shares from the share exchange agreement entered into on October 9, 2013. GAC held 30% of the outstanding common shares after this transaction.
	On February 3, 2014, the Company entered into a stock purchase agreement receiving 90% of Dance Broadcast Systems, Inc. from Vinyl Groove Productions, Inc., and issuing 10,000 Series A Preferred shares with a voting privilege of 66.67% of all outstanding shares regardless of the number of common shares outstanding, to Vinyl Groove Productions, Inc. The transaction has been accounted for as a reverse merger where Dance Broadcast Systems, Inc. is deemed to be the acquirer and the surviving entity for accounting purposes.
	The transaction is accounted for using the purchase method of accounting. As a result of the recapitalization and change in control, Dance Broadcast Systems, Inc. is the acquiring entity in accordance with ASC 805, Business Combinations. Accordingly, the historical financial statements are those of Dance Broadcast Systems, Inc., the accounting acquirer, immediately following the consummation of the reverse merger. Dance Broadcast Systems, Inc. was incorporated on January 13, 2014.
	As of June 30, 2014 the entertainment subsidiaries have been sold (Refer to Note 6).
	Derivative Liabilities
	The Company assessed the classification of its derivative financial instruments as of June 30, 2014, which consist of convertible instruments and rights to shares of the Company’s common stock, and determined that such derivatives meet the criteria for liability classification under ASC 815.
	ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides an exception to this rule when the host instrument is deemed to be conventional, as described.
	Financial Instruments
	The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.
	ASC 820 Fair Value Measurements and Disclosures defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:
		•	Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.
		•	Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.
		•	Level 3 - Inputs that are both significant to the fair value measurement and unobservable.
	Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of June 30, 2014. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accounts payable, accrued compensation and accrued expenses. As of June 30, 2014, the Company has determined that the only asset or liability measured at fair value is the derivative instrument related to an anti-dilution provision contained in Convertible Notes and valued using level 3 inputs.
	Commitments and Contingencies
	The Company follows ASC 450-20, Loss Contingencies, to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies as of June 30, 2014.
	Convertible Instruments
	The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with professional standards for “Accounting for Derivative Instruments and Hedging Activities”.
	Professional standards generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument.  Professional standards also provide an exception to this rule when the host instrument is deemed to be conventional as defined under professional standards as “The Meaning of “Conventional Convertible Debt Instrument.”
	The Company accounts for convertible instruments (when it has determined that the embedded conversion options should not be bifurcated from their host instruments) in accordance with professional standards when “Accounting for Convertible Securities with Beneficial Conversion Features,” as those professional standards pertain to “Certain Convertible Instruments.” Accordingly, the Company records, when necessary, discounts to convertible notes for the intrinsic value of conversion options embedded in debt instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt to their earliest date of redemption. The Company also records when necessary deemed dividends for the intrinsic value of conversion options embedded in preferred shares based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note.
	ASC 815-40 provides that, among other things, generally, if an event is not within the entity’s control could or require net cash settlement, then the contract shall be classified as an asset or a liability.
	Recent Accounting Pronouncements
	The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on its results of operations, financial position or cash flow.

STOCKHOLDERS_DEFICIT

STOCKHOLDERS' DEFICIT	3 Months Ended
	Jun. 30, 2014
STOCKHOLDERS' DEFICIT	'
STOCKHOLDERS' DEFICIT	'
	NOTE 2 – STOCKHOLDERS' DEFICIT
	The Company is authorized to issue up to 500,000,000 shares of common stock at $0.001 par value per share ("Common Stock") and 100,000,000 shares of preferred stock at $0.001 par value per share (“Preferred Stock”).  As of June 30, 2014, the Company had 270,081,000 shares of Common Stock and 10,000 shares of Series A Convertible Preferred Stock  issued and outstanding.  Holders of Common Stock are entitled to one vote per share and are to receive dividends or other distributions when and if declared by the Company's Board of Directors.  None of our Common Stock is subject to outstanding options or rights to purchase, nor do we have any issued and outstanding securities that are convertible into our Common Stock.  We have not agreed to register any of our stock.  We do not currently have in effect an employee stock option plan.
	Holders of Series A Convertible Preferred Stock are entitled to 66.67% of the voting rights of the Company regardless of the number of common shares outstanding. These shares are eligible to receive dividends or other distributions when and if declared by the Company’s Board of Directors.
	In February 2014, the Company issued 8,250,000 restricted common shares for services with a value of $31,600.
	In March 2014, the Company issued 15,000,000 restricted common shares with a value of $0 as escrow for a loan.
	In March 2014, the Company issued 30,300,000 restricted common shares for the conversion of $40,000 of debt and a loss on the settlement of $60,430 during the period from January 13, 2014 (date of inception) through June 30, 2014.
	In March 2014, the Company issued 5,000,000 restricted common shares for services with a value of $19,000.
	In March 2014, the Company issued 1,000,000 restricted common shares for payment of accounts payable of $1,500 and a loss on the settlement of debt of $2,600 during the period from January 13, 2014 (date of inception) through June 30, 2014.
	In May 2014, the Company issued 8,000,000 restricted common shares for services valued at $ 17,600.
	In June 2014, the Company issued 40,000,000 common shares for the conversion of $32,500 in debt vaued at $89,500.
	Additional shares were issued and are discussed in Note 3 – RELATED PARTIES.

RELATED_PARTY_TRANSCATIONS_AND

RELATED PARTY TRANSCATIONS AND SHAREHOLDER RECEIVABLE	3 Months Ended
	Jun. 30, 2014
RELATED PARTY TRANSCATIONS AND SHAREHOLDER RECEIVABLE	'
RELATED PARTY TRANSCATIONS AND SHAREHOLDER RECEIVABLE	'
	NOTE 3 – RELATED PARTY TRANSCATIONS AND SHAREHOLDER RECEIVABLE
	During the period from January 13, 2014 (date of inception) through June 30, 2014, the Company received no funds from related parties.
	In March 2014, the Company issued to officers and directors,  and a prior officer  a total of 25,750,000 restricted common shares for the settlement of $87,500 of accrued wages and a loss on debt settlement of $16,200 during the period from January 13, 2014 (date of inception) through June 30, 2014.
	As of June 30, 2014 the Company sold its entertainment subsidiaries to a shareholder of the Company which included a liability payable to the Company amounting to $100,613 (which represented a receivable on the Company's balance sheet).  Due to the uncertainty of the collectibility of the receivable the Company reserved the amount in full (See Note 6).
	Mr. Coogan waived any other salary or accruals for this quarter with the receipt of  shares. The balance owed of $43,000 in the books of the subsidiary was written-off and recorded as a capital contribution and credited to additional paid-in capital as of June 30, 2014.  (See Note 6).
	Mr. Bailey, a former officer and director received an excess of value for his shares for which the Company took the charge above and his balance is $0.
	Mr. Jamison received shares for his services with Frontier and a portion of his wage accruals from 22 Social Club, Inc. His accreued wage balance with Frontier Beverage Company , Inc. is $0.
	On June 30, 2014, the Company issued 5,000,000 restricted common shares valued at $12,500 as salary to Mr. Coogan.

CONVERTIBLE_NOTES_PAYABLE

CONVERTIBLE NOTES PAYABLE	3 Months Ended
	Jun. 30, 2014
CONVERTIBLE NOTES PAYABLE	'
CONVERTIBLE NOTES PAYABLE	'
	NOTE 4 – CONVERTIBLE NOTES PAYABLE
	At June 30, 2014 convertible notes payable consisted of the following:
		30-Jun-14
	Convertible notes payable	$	361,183
	Unamortized debt discount		-98,415
	Total	$	262,768
	As of the date of reverse merger, the Company had balance of $240,339 in the convertible notes payable, conversion price being fixed at $0.005 per share.
	On October 9, 2013, the convertible notes agreement was amended to allow conversion into shares of common stock at 50% discount to the lowest bid of stock’s market price during the last 20 days prior to conversion date.
	The Company identified embedded derivatives related to the amended Convertible Promissory Note entered into on October 9, 2013. These embedded derivatives included certain conversion features. The accounting treatment of derivative financial instruments requires that the Company record the fair value of the derivatives as of the inception date of the Convertible Promissory Note and to adjust the fair value as of each subsequent balance sheet date. At the inception of the Convertible Promissory Note, the Company determined a fair value of $240,369 of the embedded derivative.  The fair value of the embedded derivative was determined using the Black Scholes Model based on the following assumptions:
	Dividend yield:		-0-	%
	Expected volatility		100	%
	Risk free rate:		0.05	%
	The initial fair value of the embedded debt derivative of $240,339 was allocated with accumulated deficit as part of recapitalization effect.
	The fair value of the described embedded derivative of $432,297 at June 30, 2014 was determined using the Black Scholes Model with the following assumptions:
	Dividend yield:		-0-	%
	Expected volatility		298	%
	Risk free rate:		0.04	%
	At June 30, 2014, the Company adjusted the recorded fair value of the derivative liability to market resulting in non-cash, non-operating gain of $7,379 for the three months ended June 30, 2014 and $236,655 for the period from January 13, 2014 (date of inception) through June 30, 2014.
	Note issued on March 10, 2014:
	On March 10, 2014, the a convertible note agreement was entered into for a total of $50,000 due on January 5, 2015 with an interest of 8% per annum and a draw against that note was received of $10,000. The agreement allows conversion into shares of common stock at 50% discount to the average of the three lowest intraday trading prices during the 15 days prior to conversion date.
	The Company identified embedded derivatives related to the amended Convertible Promissory Note entered into on March 10, 2014. These embedded derivatives included certain conversion features. The accounting treatment of derivative financial instruments requires that the Company record the fair value of the derivatives as of the inception date of the Convertible Promissory Note and to adjust the fair value as of each subsequent balance sheet date. At the inception of the Convertible Promissory Note, the Company determined a fair value of $96,496 of the embedded derivative.  The fair value of the embedded derivative was determined using the Black Scholes Model based on the following assumptions:
	Dividend yield:		-0-	%
	Expected volatility		274%-275	%
	Risk free rate:		0.05%-0.12	%
	The initial fair value of the embedded debt derivative of $96,856 was allocated as a debt discount up to the proceeds of the note ($50,000) with remained ($46,496) charged to operations during the period from January 13, 2014 (date of inception) through June 30, 2014 as interest expense.
	During the three months ended June 30, 2014 and for the period from January 13, 2014 (date of inception) through June 30, 2014, the Company amortized debt discount of $7,545 and $8,243 to current period operations as an interest expense, respectively.
	The fair value of the described embedded derivative of $89,082 at June 30, 2014 was determined using the Black Scholes Model with the following assumptions:
	Dividend yield:		-0-	%
	Expected volatility		298	%
	Risk free rate:		0.07	%
	At June 30, 2014, the Company adjusted the recorded fair value of the derivative liability to market resulting in non-cash, non-operating gain of $7,170 for the three months ended June 30, 2014 and $7,414 for the period from January 13, 2014 (date of inception) through ended June 30, 2014.
	Debt settlement on June 4, 2014:
	On June 4, 2014, the convertible note agreement was entered into for a total of $103,344 due on December 2, 2014 with an interest of 0% per annum in settlement of accounts payable and accrued expenses. The agreement allows conversion into shares of common stock at 50% discount to the lowest intraday trading prices during the 15 days prior to conversion date. Part of $103,334 convertible note s payable consisted of $31,160 after recording a gain on settlement of debt of $19,454 during the three months ended June 30, 2014 and for the period from January 13, 2014 (date of inception) through June 30, 2014 as per settlement agreement reached with a creditor reducing the debt from $50,614 to $31,160.
	The Company identified embedded derivatives related to the amended Convertible Promissory Note entered into on June 4, 2014. These embedded derivatives included certain conversion features. The accounting treatment of derivative financial instruments requires that the Company record the fair value of the derivatives as of the inception date of the Convertible Promissory Note and to adjust the fair value as of each subsequent balance sheet date. At the inception of the Convertible Promissory Note, the Company determined a fair value of $186,093 of the embedded derivative.  The fair value of the embedded derivative was determined using the Black Scholes Model based on the following assumptions:
	Dividend yield:		-0-	%
	Expected volatility		210	%
	Risk free rate:		0.05	%
	The initial fair value of the embedded debt derivative of $186,093 was allocated as a debt discount up to the proceeds of the note ($103,344) with remained ($82,729) charged to operations during the period from January 13, 2014 (date of inception) through June 30, 2014 as interest expense.
	During the three months ended June 30, 2014 and for the period from January 13, 2014 (date of inception) through June 30, 2014, the Company amortized debt discount of $46,686 to current period operations as an interest expense.
	During June 2014 $32,500 principal was converted into 40,000,000 shares of common stock, with a value of $89,500. The Company recorded a loss on conversion of $395 for three months ended June 30, 2014 and for the period from January 13, 2014 (date of inception) through June 30, 2014.
	The fair value of the described embedded derivative of $165,684 at June 30, 2014 was determined using the Black Scholes Model with the following assumptions:
	Dividend yield:		-0-	%
	Expected volatility		170	%
	Risk free rate:		0.05	%
	At June 30, 2014, the Company adjusted the recorded fair value of the derivative liability to market resulting in non-cash, non-operating gain of $20,409 for the three months ended June 30, 2014 and for period from January 13, 2014 (date of inception) through ended June 30, 2014.

FAIR_VALUE_OF_FINANCIAL_INSTRU

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
	Jun. 30, 2014
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
	NOTE 5 - FAIR VALUE OF FINANCIAL INSTRUMENTS
	ASC 825-10 defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the asset or liability, such as inherent risk, transfer restrictions, and risk of nonperformance. ASC 825-10 establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 825-10 establishes three levels of inputs that may be used to measure fair value:
	Level 1 - Quoted prices in active markets for identical assets or liabilities.
	Level 2 - Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities.
	Level 3 - Unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities.
	To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement is disclosed is determined based on the lowest level input that is significant to the fair value measurement.
	Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of June 30, 2014:
				Fair Value Measurements at June 30, 2014 using:
		June 30,		Quoted Prices		Significant		Significant
		2014		in Active		Other		Unobservable
				Markets for		Observable		Inputs
				Identical		Inputs (Level 2)		(Level 3)
				Assets
				(Level 1)
	Liabilities:
	Debt Derivative liabilities	$	634,938	$	-	$	-	$	634,938
	The debt derivative liabilities is measured at fair value using quoted market prices and estimated volatility factors based on historical prices for the Company’s common stock and are classified within Level 3 of the valuation hierarchy.
	The following table provides a summary of changes in fair value of the Company’s Level 3 financial liabilities as of June 30, 2014:
		Debt Derivative
		Liability
	Balance, at inception	$	-
	Balance of debt derivatives at note issuances in Frontier pre-merger		676,331
	Initial fair value of debt derivatives at note issuances		281,871
	Extinguished derivative liability		-52,105
	Mark-to-market at June 30, 2014
	-Embedded debt derivatives		-271,159
	Balance, June 30, 2014	$	634,938
	Net gain for the period included in earnings relating to the liabilities held at June 30, 2014	$	271,159
	Level 3 Liabilities are comprised of bifurcated convertible debt features on convertible notes.

SALE_OF_SUBSIDIARIES

SALE OF SUBSIDIARIES	3 Months Ended
	Jun. 30, 2014
SALE OF SUBSIDIARIES	'
SALE OF SUBSIDIARIES	'
	NOTE 6- SALE OF SUBSIDIARIES
	In May 2014 the Company sold its 51% stake in Blue 22 Entertainment for the receipt of 50 million common shares of NX Global, Inc. stock. Because the stock received does not have a current filing on Pink Sheets no value has been placed on the stock and no gain or loss has been recognized.
	All remaining entertainment subsidiaries were sold on June 24, 2014. The Company does not retain any rights nor any liabilities of the disposed of subsidiaries. required.
	In accordance with ASC subtopic 845-10 a parent shall account for the deconsolidation of a subsidiary or derecognition of a group of assets specified in ASC 810-10-40-3A by recognizing a gain or loss in net income attributable to the parent, measured as the difference between the carrying amount of the former subsidiaries' asset and liabilities.  As of the date of the sale of the subsidiaries' balance sheet consisted of $143,942 of liabilities due to related parties, $100,613 of which was owed to the parent.  Accordingly, the Company recorded this transaction in additional paid in capital instead  as a gain due to the liabilities being associated with related parties.
	As of June 30, 2014 the Company had an intercompany receivable balance of $100,613 due from the subsidiaries.  Due to the uncertainty of the collectibility of the receivable, the Company determined that it should be fully reserved until negotiations related to payment terms are finalized with the acquirer.
	The consideration to be received for the sale of the subsidiaries consisted of  consulting services that will expire in August 2014 valued at $10,000.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Jun. 30, 2014
SUBSEQUENT EVENTS	'
SUBSEQUENT EVENTS	'
	NOTE 7– SUBSEQUENT EVENTS
	We have evaluated subsequent events through the date the unaudited condensed financial statements were available to be issued, and did not have any material recognizable subsequent events, other than the following:
	In July and August 2014 the Company issued a total of 113,611,111 common shares for the conversion of debt in the amount of $54,000.

Accounting_Policies_Policies

Accounting Policies (Policies)	3 Months Ended
	Jun. 30, 2014
Accounting Policies (Policies):	'
Interim Financial Reporting	'
	Interim Financial Reporting
	While the information presented in the accompanying interim financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows for the interim periods presented in accordance with generally accepted accounting principles in the United States of America ("GAAP").  These interim financial statements have adjustments related to the accounting for a reverse acquisition completed on February 3, 2014. The acquired company did not exist at the end of this three and six month period in 2013 and therefore, no comparative data is reflected for the period ending June 30, 2013 or at the audit period ending December 31, 2013. For the Company, Frontier Beverage Company, Inc. (the “Company”),  all adjustments are of a normal, recurring nature.  Interim financial statements and the notes thereto do not contain all of the disclosures normally found in year-end audited financial statements and these Notes to Financial Statements are abbreviated and contain only certain disclosures related to the three and six month period ended June 30, 2014.  It is suggested that these interim financial statements be read in conjunction with our audited financial statements and related notes for the year ended December 31, 2013 included in our Form 10-K filed with the Securities Exchange Commission on April 16, 2014.  Operating results for the period from January 13, 2014 (date of inception) through ended June 30, 2014 are not necessarily indicative of the results that can be expected for the period from January 13, 2014 (date of inception) through December 31, 2014.
Basis of presentation and going concern uncertainty	'
	Basis of presentation and going concern uncertainty
	The accompanying unaudited condensed financial statements have been prepared in conformity with GAAP, which contemplates continuation of the Company as a going concern, which is dependent upon the Company's ability to establish itself as a profitable business.  At June 30, 2014, the Company has an accumulated deficit of $1,563,591 and has incurred net loss of $281,864 from continuing operations for the period from January 13, 2014 (date of inception) through June 30, 2014.  The Company’s ability to continue in business is dependent upon obtaining sufficient financing or attaining profitable operations.  However, there can be no assurance that management will be successful in obtaining additional funding or in attaining profitable operations, and therefore, these matters raise substantial doubt about the Company's ability to continue as a going concern.  These unaudited condensed consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties, nor do they include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should the Company be unable to continue in operation.
Change of Control	'
	Change of Control
	On July 1, 2013, an unrelated third party acquired an aggregate of 15,978,000 shares of Common Stock of the Company constituting approximately 85% of the Company’s issued and outstanding Common Stock.
	On October 9, 2013, the Company entered into share exchange agreement to acquire 100% of the issued and outstanding share capital with Gallant Acquisition Corp. (GAC) the 100% owner of all of the issued and outstanding share capital of 22 Social Club Productions (22 SCP) and its subsidiaries, Blue 22 Entertainment and Appquest, Inc. for 140,000,000 common shares of the Company and 5,000,000 shares of common stock of the Company to Appquest, Inc. Effectively, GAC held 89% of the issued and outstanding common shares of the Company and the transaction has been accounted for as a reverse merger, where 22 SCP is deemed to be the acquirer and the surviving entity for accounting purposes.
	On December 31, 2013, the Company sold 30% shares of 22 Social Club Productions, Inc. to GAC, a related party in return of 100,000,000 restricted common shares from the share exchange agreement entered into on October 9, 2013. GAC held 30% of the outstanding common shares after this transaction.
	On February 3, 2014, the Company entered into a stock purchase agreement receiving 90% of Dance Broadcast Systems, Inc. from Vinyl Groove Productions, Inc., and issuing 10,000 Series A Preferred shares with a voting privilege of 66.67% of all outstanding shares regardless of the number of common shares outstanding, to Vinyl Groove Productions, Inc. The transaction has been accounted for as a reverse merger where Dance Broadcast Systems, Inc. is deemed to be the acquirer and the surviving entity for accounting purposes.
	The transaction is accounted for using the purchase method of accounting. As a result of the recapitalization and change in control, Dance Broadcast Systems, Inc. is the acquiring entity in accordance with ASC 805, Business Combinations. Accordingly, the historical financial statements are those of Dance Broadcast Systems, Inc., the accounting acquirer, immediately following the consummation of the reverse merger. Dance Broadcast Systems, Inc. was incorporated on January 13, 2014.
	As of June 30, 2014 the entertainment subsidiaries have been sold (Refer to Note 6).
Derivative Liabilities, Policy	'
	Derivative Liabilities
	The Company assessed the classification of its derivative financial instruments as of June 30, 2014, which consist of convertible instruments and rights to shares of the Company’s common stock, and determined that such derivatives meet the criteria for liability classification under ASC 815.
	ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides an exception to this rule when the host instrument is deemed to be conventional, as described.
Financial Instruments	'
	Financial Instruments
	The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.
	ASC 820 Fair Value Measurements and Disclosures defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:
		•	Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.
		•	Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.
		•	Level 3 - Inputs that are both significant to the fair value measurement and unobservable.
	Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of June 30, 2014. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accounts payable, accrued compensation and accrued expenses. As of June 30, 2014, the Company has determined that the only asset or liability measured at fair value is the derivative instrument related to an anti-dilution provision contained in Convertible Notes and valued using level 3 inputs.
Commitments and Contingencies, Policy	'
	Commitments and Contingencies
	The Company follows ASC 450-20, Loss Contingencies, to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies as of June 30, 2014.
Convertible Instruments	'
	Convertible Instruments
	The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with professional standards for “Accounting for Derivative Instruments and Hedging Activities”.
	Professional standards generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument.  Professional standards also provide an exception to this rule when the host instrument is deemed to be conventional as defined under professional standards as “The Meaning of “Conventional Convertible Debt Instrument.”
	The Company accounts for convertible instruments (when it has determined that the embedded conversion options should not be bifurcated from their host instruments) in accordance with professional standards when “Accounting for Convertible Securities with Beneficial Conversion Features,” as those professional standards pertain to “Certain Convertible Instruments.” Accordingly, the Company records, when necessary, discounts to convertible notes for the intrinsic value of conversion options embedded in debt instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt to their earliest date of redemption. The Company also records when necessary deemed dividends for the intrinsic value of conversion options embedded in preferred shares based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note.
	ASC 815-40 provides that, among other things, generally, if an event is not within the entity’s control could or require net cash settlement, then the contract shall be classified as an asset or a liability.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on its results of operations, financial position or cash flow.

Schedule_of_convertible_notes_

Schedule of convertible notes payable (Tables)	3 Months Ended
	Jun. 30, 2014
Schedule of convertible notes payable:	'
Schedule of convertible notes payable	'
	At June 30, 2014 convertible notes payable consisted of the following:
		30-Jun-14
	Convertible notes payable	$	361,183
	Unamortized debt discount		-98,415
	Total	$	262,768

Schedule_of_financial_instrume

Schedule of financial instruments measured at fair value (Tables)	3 Months Ended
	Jun. 30, 2014
Schedule of financial instruments measured at fair value:	'
Schedule of Items recorded or measured at fair value on a recurring basis	'
	Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of June 30, 2014:
				Fair Value Measurements at June 30, 2014 using:
		June 30,		Quoted Prices		Significant		Significant
		2014		in Active		Other		Unobservable
				Markets for		Observable		Inputs
				Identical		Inputs (Level 2)		(Level 3)
				Assets
				(Level 1)
	Liabilities:
	Debt Derivative liabilities	$	634,938	$	-	$	-	$	634,938
Schedule of summary of changes in fair value Level 3 financial liabilities	'
	The following table provides a summary of changes in fair value of the Company’s Level 3 financial liabilities as of June 30, 2014:
		Debt Derivative
		Liability
	Balance, at inception	$	-
	Balance of debt derivatives at note issuances in Frontier pre-merger		676,331
	Initial fair value of debt derivatives at note issuances		281,871
	Extinguished derivative liability		-52,105
	Mark-to-market at June 30, 2014
	-Embedded debt derivatives		-271,159
	Balance, June 30, 2014	$	634,938
	Net gain for the period included in earnings relating to the liabilities held at June 30, 2014	$	271,159

Basis_of_presentation_and_goin

Basis of presentation and going concern uncertainty (Details) (USD $)	6 Months Ended
	Jun. 30, 2014
Basis of presentation and going concern uncertainty:	'
Accmulated Defecit	$1,563,591
Net Loss	$281,864

Change_of_Control_Details

Change of Control (Details)	Feb. 03, 2014	Dec. 31, 2013	Oct. 09, 2013	Jul. 01, 2013
Change of Control:	'	'	'	'
Unrelated third party acquired shares of Common Stock	'	'	'	15,978,000
Common Stock of the Company constituting approximately (percent)	'	'	'	85.00%
Company entered into share exchange agreement to acquire 100% of the issued and outstanding share capital with Gallant Acquisition Corp	'	'	140,000,000	'
Shares of common stock of the Company issued to Appquest, Inc.	'	'	5,000,000	'
Company sold 30% shares of 22 Social Club Productions to GAC for restricted shares	'	100,000,000	'	'
The Company entered into a stock purchase agreement receiving 90% of Dance Broadcast Systems and issued preferred shares	10,000	'	'	'

CAPITAL_STOCK_TRANSACTIONS_Det

CAPITAL STOCK TRANSACTIONS (Details) (USD $)	Jun. 30, 2014	31-May-14	Mar. 31, 2014	Feb. 28, 2014
CAPITAL STOCK TRANSACTIONS	'	'	'	'
Series A convertible preferred shares designated	10,000	'	'	'
Preferred Stock, shares outstanding	10,000	'	'	'
Common Stock, par value	$0.00	'	'	'
Common Stock, shares authorized	500,000,000	'	'	'
Common Stock, shares issued	270,081,000	'	'	'
Common Stock, shares outstanding	270,081,000	'	'	'
Issued restricted common shares for services	'	8,000,000	15,000,000	8,250,000
Issued restricted common shares for services value	'	$17,600	$0	$31,600
Issued restricted common shares for conversion (Shares)	40,000,000	'	30,300,000	'
Issued restricted common shares for the conversion of debt	89,500	'	40,000	'
Issued common shares for the conversion valued	32,500	'	'	'
Loss on the settlement	'	'	60,430	'
Issued restricted common shares for services	'	'	$5,000,000	'
Issued restricted common shares for services value	'	'	19,000	'
Issued restricted common shares for payment of accounts payable	'	'	1,000,000	'
Restricted common shares for payment of accounts payable	'	'	1,500	'
loss on the settlement of debt	$2,600	'	'	'

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	Jun. 30, 2014	Mar. 31, 2014
Related Party Transactions:	'	'
Issued to officers and directors, and a prior officer restricted common shares	'	25,750,000
Issued restricted common shares for the settlement of accrued wages	'	$87,500
Loss on debt settlement during the period	16,200	'
Company sold entertainment subsidiaries to a shareholder which included a liability payable amounting	100,613	'
Due to related party	43,000	'
Issued restricted common shares	5,000,000	'
Restricted common shares valued as salary to Mr. Coogan	$12,500	'

CONVERTIBLE_NOTES_PAYABLE_Deta

CONVERTIBLE NOTES PAYABLE (Details) (USD $)	Jun. 30, 2014
Convertible notes payable consisted of the following	'
Convertible notes payable	$361,183
Unamortized debt discount	-98,415
Total Convertible notes payable	262,768
Balance of Convertible notes payable on the date of reverse merger	240,339
Company determined an initial fair value of embedded derivative	240,339
Company determined fair value of embedded derivative using the Black Scholes Model	240,369
Company adjusted the recorded fair value of the derivative liability to market resulting in non-cash, non-operating loss	7,379
At the inception of the Convertible Promissory Note, the Company determined a fair value of the embedded derivative	96,496
Initial fair value of the embedded debt derivative allocated as a debt discount	96,856
Fair value of the described embedded derivative	89,082
Company adjusted the recorded fair value of the derivative liability to market resulting in non-cash, non-operating gain	$20,409

Black_Scholes_Model_assumption

Black Scholes Model assumptions (Details)	Jun. 30, 2014	Jun. 04, 2014	Mar. 10, 2014	Oct. 09, 2013
Black Scholes Model assumptions	'	'	'	'
Dividend yield:	0.00%	0.00%	0.00%	0.00%
Expected volatility	298.00%	210.00%	275.00%	100.00%
Risk free rate:	0.04%	0.05%	0.12%	0.05%
Dividend yield	0.00%	'	'	'
Expected volatility	170.00%	'	'	'
Risk free rate	0.05%	'	'	'

Fair_value_on_a_recurring_basi

Fair value on a recurring basis in the accompanying consolidated financial statements (Details) (USD $)	Jun. 30, 2014
Liabilities:	'
Debt Derivative liabilities	$634,938
Quoted Prices in Active Markets for Identical Assets (Level 1)	'
Debt Derivative liabilities	0
Significant Other Observable Inputs (Level 2)	'
Debt Derivative liabilities	0
Significant Unobservable Inputs (Level 3)	'
Debt Derivative liabilities	$634,938

SALE_OF_SUBSIDIARIES_Details

SALE OF SUBSIDIARIES (Details) (USD $)	Jun. 30, 2014
SALE OF SUBSIDIARIES DETAILS	'
Sold stake in Blue 22 Entertainment common shares of NX Global, Inc.	50,000,000
Sale of subsidiaries' consisted of due to related parties	$143,942
Owed to the parent	100,613
Intercompany receivable balance	100,613
Consulting services that will expire in August 2014 valued at	$10,000

Subsequent_transactions_Detail

Subsequent transactions (Details) (USD $)	Jun. 30, 2014
Subsequent transactions:	'
Issued a total of common shares for the conversion of debt	113,611,111
Common shares for the conversion of debt	$54,000

Summary_of_changes_in_fair_val

Summary of changes in fair value of the Company's financial liabilities (Details) (Debt Derivative Liability, USD $)	Debt Derivative Liability
	USD ($)
Balance at Jan. 13, 2014	0
Balance of debt derivatives at note issuances in Frontier pre-merger	$676,331
Initial fair value of debt derivatives at note issuances	281,871
Extinguished derivative liability	-52,105
Mark-to-market at June 30, 2014 Embedded debt derivatives	($271,159)
Balance at Jun. 30, 2014	634,938