Document_and_Entity_Informatio
Document and Entity Information | 3 Months Ended | |
Mar. 31, 2015 | 13-May-15 | |
Document And Entity Information [Abstract] | ||
Entity Registrant Name | Madison Technologies Inc. | |
Entity Central Index Key | 1318268 | |
Document Type | 10-Q | |
Document Period End Date | 31-Mar-15 | |
Amendment Flag | FALSE | |
Current Fiscal Year End Date | -19 | |
Entity Filer Category | Smaller Reporting Company | |
Entity Common Stock, Shares Outstanding | 11,302,000 | |
Document Fiscal Period Focus | Q1 | |
Document Fiscal Year Focus | 2015 |
Interim_Consolidated_Balance_S
Interim Consolidated Balance Sheets (Unauditad) (USD $) | Mar. 31, 2015 | Dec. 31, 2014 |
CURRENT ASSETS | ||
Cash | $23,374 | $3,230 |
Total Assets | 23,374 | 3,230 |
CURRENT LIABILITIES | ||
Accounts payable and accrued liabilities | 41,002 | 30,456 |
Notes Payable and accrued interest - Note 4 | 105,961 | 107,300 |
Convertible notes payable - Note 8 | 103,083 | 97,333 |
Related party advance - Note 6 | 261 | 261 |
TOTAL LIABILITIES | 250,307 | 235,350 |
STOCKHOLDERS’ DEFICIT | ||
Common Stock - Note 7 Par Value: $0.0001 Authorized 500,000,000 shares Issued and outstanding: 11,302,000 shares | 11,302 | 11,302 |
Additional Paid in Capital | 224,600 | 199,600 |
Accumulated other comprehensive loss | 126 | -2,746 |
Accumulated deficit | -462,962 | -440,276 |
Total stockholders' deficiency | -226,933 | -232,120 |
Total liabilities and stockholders' deficiency | $23,374 | $3,230 |
Interim_Consolidated_Balance_S1
Interim Consolidated Balance Sheets (Unauditad) (Parenthetical) (USD $) | Mar. 31, 2015 | Dec. 31, 2014 |
Statement of Financial Position [Abstract] | ||
Common stock, par value | $0.00 | $0.00 |
Common stock, shares authorized | 500,000,000 | 500,000,000 |
Common stock, shares issued | 11,302,000 | 11,302,000 |
Common stock, shares outstanding | 11,302,000 | 11,302,000 |
Interim_Consolidated_Statement
Interim Consolidated Statements of Operations (Unaudited) (USD $) | 3 Months Ended | |
Mar. 31, 2015 | Mar. 31, 2014 | |
Income Statement [Abstract] | ||
Revenues | ||
Operating expenses | ||
General and administrative | 15,402 | 4,766 |
Operating expenses, total | 15,402 | 4,766 |
Loss before other expense | -15,402 | -4,766 |
Other expense - interest | -7,283 | -5,339 |
Net loss | -22,685 | -10,105 |
Other Comprehensive income | ||
Translation gain | 2,873 | 1,244 |
Total comprehensive loss | ($19,813) | ($8,861) |
Net loss per share - Basic and diluted | ($0.00) | ($0.00) |
Average number of shares of common stock outstanding | 11,302,000 | 11,302,000 |
Interim_Consolidated_Statement1
Interim Consolidated Statements of Stockholders' Deficiency (Unaudited) (USD $) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2015 | Mar. 31, 2014 | Dec. 31, 2014 | |
Balance | ($232,120) | ($178,472) | ($178,472) |
Foreign currency adjustments | 2,872 | 3,068 | |
Convertible debt - Note 8 | 25,000 | 25,000 | |
Net Loss | -22,685 | -10,105 | -74,262 |
Balance | -226,933 | -232,120 | |
Common Stock [Member] | |||
Balance | 11,302 | 11,302 | 11,302 |
Balance, shares | 11,302,000 | 11,302,000 | 11,302,000 |
Foreign currency adjustments | |||
Convertible debt - Note 8 | |||
Net Loss | |||
Balance | 11,302 | 11,302 | |
Balance, shares | 11,302,000 | 11,302,000 | |
Additional Paid-In Capital [Member] | |||
Balance | 199,600 | 174,600 | 174,600 |
Foreign currency adjustments | |||
Convertible debt - Note 8 | 25,000 | 25,000 | |
Net Loss | |||
Balance | 224,600 | 199,600 | |
Accumulated Other Comprehensive Income [Member] | |||
Balance | -2,746 | -5,814 | -5,814 |
Foreign currency adjustments | 2,872 | 3,068 | |
Convertible debt - Note 8 | |||
Net Loss | |||
Balance | 126 | -2,746 | |
Accumulated Deficit [Member] | |||
Balance | -440,276 | -358,560 | -358,560 |
Foreign currency adjustments | |||
Convertible debt - Note 8 | |||
Net Loss | -22,685 | -81,716 | |
Balance | ($462,962) | ($440,276) |
Interim_Consolidated_Statement2
Interim Consolidated Statements of Cash Flows (Unaudited) (USD $) | 3 Months Ended | |
Mar. 31, 2015 | Mar. 31, 2014 | |
Cash Flows from operating activities: | ||
Net loss | ($22,685) | ($10,105) |
Amortization of convertible debt discount recorded as interest | 5,750 | 4,500 |
Accrued interest on notes payable | 1,533 | 839 |
Changes assets and liabilities | ||
Accounts payable and accruals | 10,546 | -3,876 |
Net cash used in operating activities | -4,856 | -8,642 |
Cash Flows from financing activities: | ||
Notes payable | ||
Proceeds of convertible notes payable | 25,000 | |
Related Party advances | ||
Net Cash provided by financing activities | 25,000 | |
Net increase (decrease) in cash | 20,144 | -8,642 |
Cash, beginning of period | 3,230 | 9,941 |
Cash, end of period | 23,374 | 1,299 |
SUPPLEMENTAL DISCLOSURE | ||
Interest | 7,282 | 5,339 |
Taxes paid |
Interim_Reporting
Interim Reporting | 3 Months Ended | |
Mar. 31, 2015 | ||
Interim Reporting | ||
Interim Reporting | Note 1 | Interim Reporting |
While the information presented in the accompanying interim three months consolidated 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 accounting principles generally accepted in the United States of America. These interim financial statements follow the same accounting policies and methods of their application as the Company’s December 31, 2014 annual consolidated financial statements. All adjustments are of a normal recurring nature. It is suggested that these interim financial statements be read in conjunction with the Company’s December 31, 2014 annual financial statements. Operating results for the three months ended March 31, 2015 are not necessarily indicative of the results that can be expected for the year ended December 31, 2015. |
Nature_and_Continuance_of_Oper
Nature and Continuance of Operations | 3 Months Ended | |
Mar. 31, 2015 | ||
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Nature and Continuance of Operations | Note 2 | Nature and Continuance of Operations |
The Company was incorporated on June 15, 1998 in the State of Nevada, USA and the Company’s common shares are publicly traded on the OTC Bulletin Board. | ||
Up until fiscal 2014, the Company was in the business of mineral exploration. On May 28, 2014, the Company formalized an agreement whereby it purchased assets associated with a smokeless cannabis delivery system. The Company planned to develop this system for commercial purposes. On December 14, 2014, this asset purchase agreement has been terminated. | ||
On January 21, 2015, a majority of the Company’s stockholders approved a consolidation of the issued and outstanding shares of common stock, on a 10 for 1 basis, thereby decreasing the issued and outstanding share capital from 113,020,000 to 11,302,000. On March 11, 2015, the Company effectively changed its name from Madison Explorations, Inc. to Madison Technologies Inc. and effected the stock consolidation. These financial statements give retroactive effect to both these changes. | ||
These consolidated financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for its next twelve months. Realization values may be substantially different from carrying values as shown and these financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. At March 31, 2015, the Company had not yet achieved profitable operations, has accumulated losses of $462,962 since its inception and expects to incur further losses in the development of its business, all of which casts substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has no formal plan in place to address this concern but considers that the Company will be able to obtain additional funds by equity financing and/or related party advances, however there is no assurance of additional funding being available. |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 3 Months Ended | |
Mar. 31, 2015 | ||
Accounting Policies [Abstract] | ||
Summary of Significant Accounting Policies | Note 3 | Summary of Significant Accounting Policies |
There have been no changes in accounting policies from those disclosed in the notes to the audited consolidated financial statements for the year ended December 31, 2014. |
Recent_Accounting_Pronouncemen
Recent Accounting Pronouncements | 3 Months Ended | |
Mar. 31, 2015 | ||
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] | ||
Recent Accounting Pronouncements | Note 4 | Recent Accounting Pronouncements |
In June 2014, the Financial Accounting Standards Board (“FASB “) issued Accounting Standards Update (“ASU”) No. 2014-10 “Development Stage Entities. (Topic 915), Elimination of Certain Financial Reporting Requirements. The amendments in ASU 2014-10 remove the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between development stage entities and other reporting entities from accounting principles generally accepted in the United States of America (“U.S. GAAP”). In addition, the amendments eliminate the requirements for development stage entities to: (i) present inception-to-date information in the statements of income, cash flows, and shareholder equity; (ii) label the financial statements as those of a development stage entity; (iii) disclose a description of the development stage activities in which the entity is engaged; and (iv) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The presentation and disclosure requirements in ASC Topic 915, “Development Stage Entities” are no longer required for interim and annual reporting periods beginning after December 15, 2014. The revised consolidation standards will take effect in annual periods beginning after December 15, 2015, however, early adoption is permitted. The Company has adopted the provisions of ASU 2014-10 for these financial statements. | ||
The Company adopts new pronouncements relating to generally accepted accounting principles applicable to the Company as they are issued, which may be in advance of their effective date. Management does not believe that any pronouncement not yet effective but recently issued would, if adopted, have a material effect on the accompanying financial statements. |
Notes_Payable
Notes Payable | 3 Months Ended | ||
Mar. 31, 2015 | |||
Notes Payable [Abstract] | |||
Notes Payable | Note 5 | Notes Payable | |
The Company has two notes payable to Paleface Holdings Inc. Each note is unsecured and payable on demand. | |||
a) | $25,000 note with annual interest payable at 8%. | ||
As at March 31, 2015, accrued interest on the note was $20,297 (March 31, 2014 - $18,297). The note payable balance including accrued interest was $45,297 as at March 31, 2015 (March 31, 2014 - $43,297). Interest on the debt for each of the years ended December 31 was $2,000. | |||
b) | $26,423 ($30,000 CDN) with annual interest payable at 5% | ||
As at March 31, 2015, accrued interest on the note was $11,296 (March 31, 2014 - $10,185). The note payable balance including accrued interest was $33,218 as at March 31, 2015 (March 31, 2014 - $36,608). Interest on debt for the three months ended March 31 was $296 in 2015 and $339 in 2014. | |||
The company has an unsecured note payable on demand to Gens Incognito Inc. for $25.000. As at March 31, 2015, accrued interest on the note was $2,446 (March 31, 2014 - $0). The note payable balance including accrued interest was $27,446 as at March 31, 2015 (March 31, 2014 - $0) |
Related_Party_Advances
Related Party Advances | 3 Months Ended | |
Mar. 31, 2015 | ||
Related Party Transactions [Abstract] | ||
Related Party Advances | Note 6 | Related Party Advance |
In 2008 the President advanced the Company $561 repayable without interest or any other terms. The unpaid balance as at March 31, 2014 is $261. There were no related party transactions during the three months ended March 31, 2015. |
Common_Stock
Common Stock | 3 Months Ended | |
Mar. 31, 2015 | ||
Equity [Abstract] | ||
Common Stock | Note 7 | Common Stock |
On January 21, 2015, a majority of the Company’s stockholders approved a consolidation of the issued and outstanding shares of common stock, on a 10 for 1 basis, thereby decreasing the issued and outstanding share capital from 113,020,000 to 11,302,000. This was effected on March 11, 2015. This consolidation has been applied retroactively and all references to the number of shares issued reflect this consolidation. | ||
On June 15, 1998 the Company authorized and issued 5,375,000 shares of its common stock in consideration of $430 in cash. ($.00008 per share.) | ||
On June 7, 2004 the Company issued 5,907,000 in consideration of $472 in cash. ($.00008 per share.) | ||
On June 14, 2001 the Company approved a forward stock split of 5,000:1. These financial statements have been retroactively adjusted to effect this split. | ||
On March 30, 2006 the Company entered into a private placement agreement whereby the Company issued 20,000 Regulation-S shares in exchange for $50,000. ($2.50 per share). | ||
There are no shares subject to warrants, options or other agreements as March 31, 2015. |
Convertible_Note_Payable
Convertible Note Payable | 3 Months Ended | ||||||||
Mar. 31, 2015 | |||||||||
Debt Disclosure [Abstract] | |||||||||
Convertible Note Payable | Note 8 | Convertible Note Payable | |||||||
In total there are eight convertible notes payable. All notes are non-interest bearing, unsecured and payable on demand. The notes are convertible into common stock at the discretion of the holder on three different bases. The effect that conversion would have on earnings per share has not been disclosed due to the anit-dilutive effect. | |||||||||
There are four convertible notes payable convertible on the basis of $0.10 of debt to 1 common share. | |||||||||
The balance of the first convertible note payable convertible on the basis of $0.10 of debt to 1 common share is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 40,000 | $ | 40,000 | |||||
Value allocated to additional paid-in capital | 40,000 | 40,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 40,000 | 40,000 | |||||||
Balance, convertible note payable | $ | 40,000 | $ | 40,000 | |||||
The total discount of $40,000 was amortized over 5 years starting April, 2008 | |||||||||
The balance of the second convertible note convertible on the basis of $0.10 of debt to 1 common share is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 20,000 | $ | 20,000 | |||||
Value allocated to additional paid-in capital | 20,000 | 20,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 19,000 | 18,000 | |||||||
Balance, convertible note payable | $ | 19,000 | $ | 18,000 | |||||
The total discount of $20,000 is being amortized over 5 years starting June 2010. Accordingly, the annual interest rate is 20% and for the three months ended March 31, 2015 and 2014, $1,000 was recorded as interest expense. As at March 31, 2015, the unamortized discount is $1,000. | |||||||||
The balance of the third convertible note payable convertible on the basis of $0.10 of debt to 1 common share is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 10,000 | $ | 10,000 | |||||
Value allocated to additional paid-in capital | 10,000 | 10,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 8,000 | 5,500 | |||||||
Balance, convertible note payable | $ | 8,000 | $ | 5,500 | |||||
The total discount of $10,000 is being amortized over 5 years starting April, 2011. Accordingly, the annual interest rate is 20% and for the three months ended March 31, 2015 and 2014, $500 was recorded as interest expense. As at March 31, 2015, the unamortized discount is $2,000. | |||||||||
The balance of the fourth convertible note payable convertible on the basis of $0.10 of debt to 1 common share at is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 25,000 | $ | 25,000 | |||||
Value allocated to additional paid-in capital | 25,000 | 25,000 | |||||||
Balance allocated to convertible note payable | |||||||||
Amortized discount | 10,000 | 8,750 | |||||||
Balance, convertible note payable | $ | 10,000 | $ | 8,750 | |||||
The total discount of $25,000 will be amortized over 5 years starting April, 2013. Accordingly, the annual interest rate is 20% and for the three months ended March 31, 2014, $1,250 was recorded as interest expense. As at March 31, 2015 the unamortized discount is $15,000 | |||||||||
. | |||||||||
There are two convertible notes payable convertible on the basis of $0.05 of debt to 1 common share. | |||||||||
The balance of the first convertible note payable convertible on the basis of $0.05 of debt to 1 common share is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | 2014 | ||||||||
Proceeds from promissory note | $ | 10,000 | $ | 10,000 | |||||
Value allocated to additional paid-in capital | 10,000 | 10,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 7,750 | 5,250 | |||||||
Balance, convertible note payable | $ | 7,750 | $ | 5,250 | |||||
The total discount of $10,000 is being amortized over 5 years starting May, 2011. Accordingly, the annual interest rate is 20% and for the three months ended March 31, 2015 and 2014, $500 was recorded as interest expense. As at March 31, 2015, the unamortized discount is $2,250. | |||||||||
The balance of the second convertible note payable convertible on the basis of $0.05 of debt to 1 common share is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 25,000 | $ | 25,000 | |||||
Value allocated to additional paid-in capital | 25,000 | 25,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 13,750 | 12,500 | |||||||
Balance, convertible note payable | $ | 13,750 | $ | 12,500 | |||||
The total discount of $25,000 will be amortized over 5 years starting July, 2012. Accordingly, the annual interest rate is 20% and for the three months ended December 31, 2015 and 2014, $1,250 was recorded as interest expense. As at March 31, 2015 the unamortized discount is $11,250. | |||||||||
There is one convertible notes payable convertible on the basis of $0.045 of debt to 1 common share The balance of this convertible note payable is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 25,000 | $ | 25,000 | |||||
Value allocated to additional paid-in capital | 25,000 | 25,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 4,583 | 3,333 | |||||||
Balance, convertible note payable | $ | 4,583 | $ | 3,333 | |||||
The total discount of $25,000 is being amortized over 5 years starting May, 2014. Accordingly, the annual interest rate is 20% and for the three months ended March 31, 2014 $1,250 was recorded as interest expense. As at December 31, 2014 the unamortized discount was $20,417. | |||||||||
There is one convertible notes payable convertible on the basis of $0.15 of debt to 1 common share The balance of this convertible note payable is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 25,000 | $ | - | |||||
Value allocated to additional paid-in capital | 25,000 | - | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | - | - | |||||||
Balance, convertible note payable | $ | - | $ | - | |||||
The total discount of $25,000 is being amortized over 5 years starting April, 2015. Accordingly, the annual interest rate is 20% and for the three months ended March 31, 2015 $0 was recorded as interest expense. As at March 31, 2015 the unamortized discount was $25,000 |
Convertible_Note_Payable_Table
Convertible Note Payable (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2015 | |||||||||
Debt Disclosure [Abstract] | |||||||||
Schedule of Convertible Notes Payable | The balance of the first convertible note payable convertible on the basis of $0.10 of debt to 1 common share is as follows: | ||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 40,000 | $ | 40,000 | |||||
Value allocated to additional paid-in capital | 40,000 | 40,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 40,000 | 40,000 | |||||||
Balance, convertible note payable | $ | 40,000 | $ | 40,000 | |||||
The balance of the second convertible note convertible on the basis of $0.10 of debt to 1 common share is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 20,000 | $ | 20,000 | |||||
Value allocated to additional paid-in capital | 20,000 | 20,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 19,000 | 18,000 | |||||||
Balance, convertible note payable | $ | 19,000 | $ | 18,000 | |||||
The balance of the third convertible note payable convertible on the basis of $0.10 of debt to 1 common share is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 10,000 | $ | 10,000 | |||||
Value allocated to additional paid-in capital | 10,000 | 10,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 8,000 | 5,500 | |||||||
Balance, convertible note payable | $ | 8,000 | $ | 5,500 | |||||
The balance of the fourth convertible note payable convertible on the basis of $0.10 of debt to 1 common share at is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 25,000 | $ | 25,000 | |||||
Value allocated to additional paid-in capital | 25,000 | 25,000 | |||||||
Balance allocated to convertible note payable | |||||||||
Amortized discount | 10,000 | 8,750 | |||||||
Balance, convertible note payable | $ | 10,000 | $ | 8,750 | |||||
The balance of the first convertible note payable convertible on the basis of $0.05 of debt to 1 common share is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | 2014 | ||||||||
Proceeds from promissory note | $ | 10,000 | $ | 10,000 | |||||
Value allocated to additional paid-in capital | 10,000 | 10,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 7,750 | 5,250 | |||||||
Balance, convertible note payable | $ | 7,750 | $ | 5,250 | |||||
The balance of the second convertible note payable convertible on the basis of $0.05 of debt to 1 common share is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 25,000 | $ | 25,000 | |||||
Value allocated to additional paid-in capital | 25,000 | 25,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 13,750 | 12,500 | |||||||
Balance, convertible note payable | $ | 13,750 | $ | 12,500 | |||||
There is one convertible notes payable convertible on the basis of $0.045 of debt to 1 common share The balance of this convertible note payable is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 25,000 | $ | 25,000 | |||||
Value allocated to additional paid-in capital | 25,000 | 25,000 | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | 4,583 | 3,333 | |||||||
Balance, convertible note payable | $ | 4,583 | $ | 3,333 | |||||
There is one convertible notes payable convertible on the basis of $0.15 of debt to 1 common share The balance of this convertible note payable is as follows: | |||||||||
31-Mar-15 | 31-Dec-14 | ||||||||
Balance | |||||||||
Proceeds from promissory note | $ | 25,000 | $ | - | |||||
Value allocated to additional paid-in capital | 25,000 | - | |||||||
Balance allocated to convertible note payable | - | - | |||||||
Amortized discount | - | - | |||||||
Balance, convertible note payable | $ | - | $ | - |
Nature_and_Continuance_of_Oper1
Nature and Continuance of Operations (Details Narrative) (USD $) | 0 Months Ended | ||
Jan. 21, 2015 | Mar. 31, 2015 | Dec. 31, 2014 | |
Common stock conversion basis | issued and outstanding shares of common stock, on a 10 for 1 basis | ||
Common stock, shares issued | 11,302,000 | 11,302,000 | |
Common stock, shares outstanding | 11,302,000 | 11,302,000 | |
Accumulated losses | ($462,962) | ($440,276) | |
Maximum [Member] | |||
Common stock, shares issued | 113,020,000 | ||
Common stock, shares outstanding | 113,020,000 | ||
Minimum [Member] | |||
Common stock, shares issued | 11,302,000 | ||
Common stock, shares outstanding | 11,302,000 |
Notes_Payable_Details_Narrativ
Notes Payable (Details Narrative) (USD $) | 3 Months Ended | 12 Months Ended | 3 Months Ended |
Mar. 31, 2015 | Dec. 31, 2014 | Mar. 31, 2014 | |
Gens Incognito Inc [Member] | |||
Accrued interest on note | $2,446 | $0 | |
Notes payable balance including accrued interest | 27,446 | 0 | |
Unsecured note payable | 25,000 | ||
Notes Payable Annual Interest Payable At 8% [Member] | |||
Notes payable | 25,000 | ||
Annual interest payable | 8.00% | ||
Accrued interest on note | 20,297 | 18,297 | |
Notes payable balance including accrued interest | 45,297 | 43,297 | |
Interest on debt | 2,000 | ||
Notes Payable Annual Interest Payable At 5% [Member] | |||
Notes payable | 26,423 | ||
Annual interest payable | 5.00% | ||
Accrued interest on note | 11,296 | 10,185 | |
Notes payable balance including accrued interest | 33,218 | 36,608 | |
Interest on debt | 296 | 339 | |
Notes Payable Annual Interest Payable At 5% [Member] | CDN [Member] | |||
Notes payable | $30,000 |
Related_Party_Advances_Details
Related Party Advances (Details Narrative) (President [Member], USD $) | Mar. 31, 2015 | Mar. 31, 2014 | Dec. 31, 2008 |
President [Member] | |||
Related party advance due | $561 | ||
Related party unpaid balance | $261 |
Common_Stock_Details_Narrative
Common Stock (Details Narrative) (USD $) | 0 Months Ended | ||||||
Jan. 21, 2015 | Mar. 30, 2006 | Jun. 07, 2004 | Jun. 14, 2001 | Jun. 17, 1998 | Mar. 31, 2015 | Dec. 31, 2014 | |
Common stock conversion basis | issued and outstanding shares of common stock, on a 10 for 1 basis | ||||||
Common stock, shares issued | 11,302,000 | 11,302,000 | |||||
Common stock, shares outstanding | 11,302,000 | 11,302,000 | |||||
Common shares issued for cash, shares | 5,907,000 | 5,375,000 | |||||
Common shares issued for cash | $472 | $430 | |||||
Issuance of stock, price per share | $2.50 | $0.00 | $0.00 | ||||
Forward stock split ratio | forward stock split of 5,000:1 | ||||||
Number of shares issued in private placement agreement | 200,000 | ||||||
Number of shares issued in private placement agreement exchange value | $50,000 | ||||||
Maximum [Member] | |||||||
Common stock, shares issued | 113,020,000 | ||||||
Common stock, shares outstanding | 113,020,000 | ||||||
Minimum [Member] | |||||||
Common stock, shares issued | 11,302,000 | ||||||
Common stock, shares outstanding | 11,302,000 |
Convertible_Note_Payable_Detai
Convertible Note Payable (Details Narrative) (USD $) | 3 Months Ended | |
Mar. 31, 2015 | Mar. 31, 2014 | |
Amortization of debt discount | $5,750 | $4,500 |
First Convertible Note Payable [Member] | ||
Number of convertible notes payable | 4 | |
Debt conversion price for 1 share | 0.1 | |
Amortization of debt discount | 40,000 | |
Amortization period of discount | 5 years | |
Second Convertible Note Payable [Member] | ||
Debt conversion price for 1 share | 0.1 | |
Amortization of debt discount | 20,000 | 20,000 |
Amortization period of discount | 5 years | 5 years |
Annual interest rate of debt | 20.00% | 20.00% |
Interest expense | 1,000 | 1,000 |
Unamortized discount | 1,000 | |
Third Convertible Note Payable [Member] | ||
Debt conversion price for 1 share | 0.01 | |
Amortization of debt discount | 10,000 | 10,000 |
Amortization period of discount | 5 years | 5 years |
Annual interest rate of debt | 20.00% | 20.00% |
Interest expense | 500 | 500 |
Unamortized discount | 2,000 | |
Fourth Convertible Note Payable [Member] | ||
Debt conversion price for 1 share | 0.1 | |
Amortization of debt discount | 25,000 | 25,000 |
Amortization period of discount | 5 years | 5 years |
Annual interest rate of debt | 20.00% | 20.00% |
Interest expense | 1,250 | 1,250 |
Unamortized discount | 15,000 | |
First Convertible Note Payable Two [Member] | ||
Debt conversion price for 1 share | 0.05 | |
Amortization of debt discount | 10,000 | 10,000 |
Amortization period of discount | 5 years | 5 years |
Annual interest rate of debt | 20.00% | 20.00% |
Interest expense | 500 | 500 |
Unamortized discount | 2,250 | |
Second Convertible Note Payable Two [Member] | ||
Debt conversion price for 1 share | 0.05 | |
Amortization of debt discount | 25,000 | 25,000 |
Amortization period of discount | 5 years | 5 years |
Annual interest rate of debt | 20.00% | 20.00% |
Interest expense | 1,250 | 1,250 |
Unamortized discount | 11,250 | |
Convertible Note Payable [Member] | ||
Debt conversion price for 1 share | 0.045 | |
Amortization of debt discount | 25,000 | 25,000 |
Amortization period of discount | 5 years | 5 years |
Annual interest rate of debt | 20.00% | 20.00% |
Interest expense | 1,250 | 1,250 |
Unamortized discount | 20,417 | |
Convertible Note Payable One [Member] | ||
Debt conversion price for 1 share | 0.15 | |
Amortization of debt discount | 25,000 | 25,000 |
Amortization period of discount | 5 years | 5 years |
Annual interest rate of debt | 20.00% | 20.00% |
Interest expense | 0 | 0 |
Unamortized discount | $25,000 |
Convertible_Note_Payable_Sched
Convertible Note Payable - Schedule of Convertible Notes Payable (Details) (USD $) | Mar. 31, 2015 | Dec. 31, 2014 |
First Convertible Note Payable [Member] | ||
Proceeds from promissory note | $40,000 | $40,000 |
Value allocated to additional paid-in capital | 40,000 | 40,000 |
Balance allocated to convertible note payable | 0 | 0 |
Amortized discount | 40,000 | 40,000 |
Balance, convertible note payable | 40,000 | 40,000 |
Second Convertible Note Payable [Member] | ||
Proceeds from promissory note | 20,000 | 20,000 |
Value allocated to additional paid-in capital | 20,000 | 20,000 |
Balance allocated to convertible note payable | 0 | 0 |
Amortized discount | 19,000 | 18,000 |
Balance, convertible note payable | 19,000 | 18,000 |
Third Convertible Note Payable [Member] | ||
Proceeds from promissory note | 10,000 | 10,000 |
Value allocated to additional paid-in capital | 10,000 | 10,000 |
Balance allocated to convertible note payable | 0 | 0 |
Amortized discount | 8,000 | 5,500 |
Balance, convertible note payable | 8,000 | 5,500 |
Fourth Convertible Note Payable [Member] | ||
Proceeds from promissory note | 25,000 | 25,000 |
Value allocated to additional paid-in capital | 25,000 | 25,000 |
Balance allocated to convertible note payable | 0 | 0 |
Amortized discount | 10,000 | 8,750 |
Balance, convertible note payable | 10,000 | 8,750 |
First Convertible Note Payable Two [Member] | ||
Proceeds from promissory note | 10,000 | 10,000 |
Value allocated to additional paid-in capital | 10,000 | 10,000 |
Balance allocated to convertible note payable | 0 | 0 |
Amortized discount | 7,750 | 5,250 |
Balance, convertible note payable | 7,750 | 5,250 |
Second Convertible Note Payable Two [Member] | ||
Proceeds from promissory note | 25,000 | 25,000 |
Value allocated to additional paid-in capital | 25,000 | 25,000 |
Balance allocated to convertible note payable | 0 | 0 |
Amortized discount | 13,750 | 12,500 |
Balance, convertible note payable | 13,750 | 12,500 |
Convertible Note Payable [Member] | ||
Proceeds from promissory note | 25,000 | 25,000 |
Value allocated to additional paid-in capital | 25,000 | 25,000 |
Balance allocated to convertible note payable | 0 | 0 |
Amortized discount | 4,583 | 3,333 |
Balance, convertible note payable | 4,583 | 3,333 |
Convertible Note Payable One [Member] | ||
Proceeds from promissory note | 25,000 | |
Value allocated to additional paid-in capital | 25,000 | |
Balance allocated to convertible note payable | 0 | |
Amortized discount | ||
Balance, convertible note payable |