Document and Entity Information
Document and Entity Information - shares | 3 Months Ended | |
Mar. 31, 2018 | May 14, 2018 | |
Document And Entity Information [Abstract] | ||
Entity Registrant Name | Madison Technologies Inc. | |
Entity Central Index Key | 1,318,268 | |
Document Type | 10-Q | |
Document Period End Date | Mar. 31, 2018 | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Smaller Reporting Company | |
Entity Common Stock, Shares Outstanding | 16,757,565 | |
Trading Symbol | MDEX | |
Document Fiscal Period Focus | Q1 | |
Document Fiscal Year Focus | 2,018 |
Interim Balance Sheets (Unaudit
Interim Balance Sheets (Unaudited) - USD ($) | Mar. 31, 2018 | Dec. 31, 2017 |
CURRENT ASSETS | ||
Cash | $ 6,653 | $ 3,281 |
Prepaid expenses | 12,000 | |
Total Current Assets | 18,653 | 3,281 |
Intangible asset, at amortized cost License agreement (Note 5) | 11,510 | 17,760 |
Total Assets | 30,163 | 21,041 |
CURRENT LIABILITIES | ||
Accounts payable and accrued liabilities | 39,231 | 45,394 |
License fee payable (Note 5) | 33,500 | 33,500 |
Demand notes and accrued interest payable (Note 6) | 123,782 | 123,094 |
Convertible notes payable (Note 7) as restated (Note 10) | 161,000 | 196,000 |
Related party advance (Note 8) | 261 | 261 |
TOTAL LIABILITIES – as restated (Note 10) | 357,774 | 398,249 |
STOCKHOLDERS’ DEFICIIT | ||
Common Stock (Note 9) Par Value:$0.001 Authorized 500,000,000 shares Issued and outstanding: 16,757,565 shares (Dec 31, 2017–12,257,565 shares) | 16,757 | 12,257 |
Additional Paid in Capital – as restated (Note 10) | 119,145 | 88,645 |
Shares subscribed(Note 9) | 30,000 | |
Accumulated deficit – as restated (Note 10) | (493,513) | (478,110) |
Total stockholders’ deficit – as restated (Note 10) | (327,611) | (377,208) |
Total liabilities and stockholders’ deficit | $ 30,163 | $ 21,041 |
Interim Balance Sheets (Unaudi3
Interim Balance Sheets (Unaudited) (Parenthetical) - $ / shares | Mar. 31, 2018 | Dec. 31, 2017 |
Statement of Financial Position [Abstract] | ||
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 500,000,000 | 500,000,000 |
Common stock, shares issued | 16,757,565 | 12,257,565 |
Common stock, shares outstanding | 16,757,565 | 12,257,565 |
Interim Statements of Operation
Interim Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | |
Mar. 31, 2018 | Mar. 31, 2017 | |
Revenues | ||
Sales | $ 1,576 | $ 1,420 |
Cost of sales | (729) | (557) |
Gross Margin | 847 | 863 |
Operating expenses | ||
Amortization expense | 6,250 | 6,250 |
General and administrative | 8,462 | 6,550 |
Total operating expenses | 14,712 | 12,800 |
Loss before other expense | (13,865) | (11,937) |
Other items Interest – as restated (Note 10) | (1,538) | (1,530) |
Net loss and comprehensive loss – as restated (Note 10) | $ (15,403) | $ (13,467) |
Net loss per share-Basic and diluted | $ (0.001) | $ (0.001) |
Average number of shares of common stock outstanding | 15,507,565 | 11,302,000 |
Interim Statements of Stockhold
Interim Statements of Stockholders' Deficit (Unaudited) - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Shares Subscribed [Member] | Accumulated Deficit [Member] | Total |
Balance at Dec. 31, 2016 | $ 11,302 | $ 44,600 | $ (424,837) | $ (368,935) | |
Balance, shares at Dec. 31, 2016 | 11,302,009 | ||||
Debt converted to shares, value - Converted at 0.05 per share | $ 400 | 19,600 | 20,000 | ||
Debt converted to shares - Converted at 0.05 per share | 400,000 | ||||
Debt converted to shares, value - Converted at 0.045 per share | $ 555 | 24,445 | 25,000 | ||
Debt converted to shares - Converted at 0.045 per share | 555,556 | ||||
Net loss | (53,273) | (53,273) | |||
Balance at Dec. 31, 2017 | $ 12,257 | 88,645 | (478,110) | (377,208) | |
Balance, shares at Dec. 31, 2017 | 12,257,565 | ||||
Debt converted to shares note 7, value - Converted at 0.01 per share | $ 2,500 | 22,500 | 25,000 | ||
Debt converted to shares note 7, Converted at $0.005 per share | 2,500,000 | ||||
Debt converted to shares note 7, value - Converted at $0.005 per share | $ 2,000 | 8,000 | 10,000 | ||
Debt converted to shares note 7, Converted at $0.005 per share | 2,000,000 | ||||
Shares subscribed at $0.10 per share | 30,000 | 30,000 | |||
Net loss | (15,403) | (15,403) | |||
Balance at Mar. 31, 2018 | $ 16,757 | $ 119,145 | $ 30,000 | $ (493,513) | $ (327,611) |
Balance, shares at Mar. 31, 2018 | 16,757,565 |
Interim Statements of Stockhol6
Interim Statements of Stockholders' Deficit (Unaudited) (Parenthetical) - $ / shares | Mar. 31, 2018 | Dec. 31, 2017 |
Shares subscribed price per share | $ 0.10 | |
Convertible Debt One [Member] | ||
Debt conversion price per share | 0.01 | $ 0.05 |
Convertible Debt Two [Member] | ||
Debt conversion price per share | $ 0.005 | $ 0.045 |
Interim Statements of Cash Flow
Interim Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | |
Mar. 31, 2018 | Mar. 31, 2017 | |
Cash Flows from operating activities: | ||
Net loss for the year – as restated (Note 10) | $ (15,403) | $ (13,467) |
Adjustments to reconcile net loss to cash used in operating activities: | ||
Amortization of license | 6,250 | 6,250 |
Accrued interest on notes payable | 1,538 | 1,530 |
Foreign exchange on notes payable | (850) | 366 |
Changes in assets and liabilities: | ||
Accounts payable and accruals | (6,163) | 3,335 |
Prepaid expenses | (12,000) | |
Net cash used in operating activities | (26,628) | (1,986) |
Cash Flows from financing activities: | ||
Shares subscribed | 30,000 | |
Net cash provided by financing activities | 30,000 | |
Net increase (decrease) in cash | 3,372 | (1,986) |
Cash, beginning of period | 3,281 | 14,259 |
Cash, end of period | 6,653 | 12,273 |
SUPPLEMENTAL DISCLOSURE | ||
Interest | 1,538 | 1,530 |
Taxes paid |
Interim Reporting
Interim Reporting | 3 Months Ended |
Mar. 31, 2018 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Interim Reporting | Note 1 Interim Reporting While the information presented in the accompanying interim three month 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, 2017 annual 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, 2017 annual financial statements. Operating results for the three months ended March 31, 2018 are not necessarily indicative of the results that can be expected for the year ended December 31, 2018. |
Nature and Continuance of Opera
Nature and Continuance of Operations | 3 Months Ended |
Mar. 31, 2018 | |
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 was 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 changed its name from Madison Explorations, Inc. to Madison Technologies Inc. and effected the stock consolidation. On September 16, 2016, the Company entered into an exclusive distribution product license agreement with Tuffy Packs, LLC to distribute products into the United Kingdom and 43 other essentially European countries. The Company will be selling ballistic panels which are personal body armors, that conforms to the National Institute of Justice (NIJ) Level IIIA threat requirements. The Company’s plan of operations and sales strategy include online and social media marketing, as well as attending various tradeshows and conferences. As the Company failed to make specified payments as required, the agreement was amended to a non-exclusive basis. Effective December 31, 2016, the Company dissolved its wholly owned subsidiary, Scout Resources Inc. (“Scout”) and assumed all the debt that Scout owed. Thesefinancial 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, 2018, the Company had not yet achieved profitable operations, had accumulated losses of $493,513 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. That said, there is no assurance of additional funding being available. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2018 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | Note3 Summary of Significant Accounting Policies There have been no changes in the accounting policies from those disclosed in the notes to the audited financial statements for the year ended December 31, 2017. |
Recent Accounting Pronouncement
Recent Accounting Pronouncements | 3 Months Ended |
Mar. 31, 2018 | |
Accounting Changes and Error Corrections [Abstract] | |
Recent Accounting Pronouncements | Note 4 Recent Accounting Pronouncements 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. |
License Agreement
License Agreement | 3 Months Ended |
Mar. 31, 2018 | |
License Agreement | |
License Agreement | Note 5 License Agreement The Company entered into an exclusive product license agreement on September 16, 2016 with Tuffy Packs, LLC, a Texas corporation, to sell Ballistic Panels in certain countries, essentially in Europe. The license is for a period of two years unless terminated and may be renewed for successive terms of two years each. The payment terms for the license is as follows: 1. $10,000 payable within seven days after the effective date; 2. An additional $15,000 payable within 30 days after the effective date; and 3. A final payment of $25,000 payable within 90 days of the effective date. At March 31, 2018, the Company had paid $16,500 to the Licensor, leaving an unpaid balance of $33,500.To date, the Company has recorded a total license amortization of $38,490. As a result of the failure to make payments as required under the agreement, the Company was informed on March 20, 2017, that going forward, the agreement would be on a non-exclusive basis. |
Demand Notes and Accrued Intere
Demand Notes and Accrued Interest Payable | 3 Months Ended |
Mar. 31, 2018 | |
Debt Disclosure [Abstract] | |
Demand Notes and Accrued Interest Payable | Note 6 Demand Notes and Accrued Interest Payable The Company has three notes payable. Each note is unsecured and payable on demand. March 31, 2018 December 31, 2017 Note payable bearing interest at 8% $ 25,000 $ 25,000 Accrued interest there on 26,297 25,797 51,297 50,797 March 31, 2018 December 31, 2017 Note payable bearing interest at 5% (Debt is Canadian $30,000) 23,256 23,809 Accrued interest there on 12,791 12,798 36,047 36,607 Note payable bearing at 12% 25,000 25,000 Accrued interest there on 11,438 10,690 36,438 35,690 Total debt and interest payable $ 123,782 $ 123,094 Interest accrued on the note bearing 8% interest was $500 as at Mar 31, 2018 (2017 - $500). Interest accrued on the note bearing 5% interest was $291as at Mar 31, 2018 (2017 - $282). Interest accrued on the note bearing 12% interest was $748 as at Mar 31, 2018 (2017 - $748). |
Convertible Notes Payable
Convertible Notes Payable | 3 Months Ended |
Mar. 31, 2018 | |
Debt Disclosure [Abstract] | |
Convertible Notes Payable | Note 7 Convertible Notes Payable As at March 31, 2017, there are seven convertible notes payable. Two notes were converted into shares during the year ended December 31, 2017 and two notes were converted into shares during the period ended March 31, 2018. All notes are non-interest bearing, unsecured and payable on demand. The remaining notes are convertible into common stock at the discretion of the holder atfivedifferent conversion rates: $0.01 debt to 1 common share, $0.005 to 1 common share; $0.15 to 1 common share;$0.05 to 1 common share; and $0.04 to 1 common share.The effect that conversion would have on earnings per share has not been disclosed due to the anti-dilutive effect. A recap of convertible debt outstanding based on conversion rates is as follow: March 31, 2018 December 31, 2017 Convertible at $0.01 debt to 1 common share $ 85,000 $ 110,000 Convertible at $0.005 debt to 1 common share 10,000 20,000 Convertible at $0.015 debt to 1 common share 25,000 25,000 Convertible at $0.05 debt to 1 common share 21,000 21,000 Convertible at $0.04 debt to 1 common share 20,000 20,000 $ 161,000 $ 196,000 |
Related Party Advance
Related Party Advance | 3 Months Ended |
Mar. 31, 2018 | |
Related Party Transactions [Abstract] | |
Related Party Advance | Note 8 Related Party Advance In 2008, the current President advanced the Company $561 repayable without interest or any other terms. The unpaid balance as at March 31, 2018 is $261. There were no related party transactions during the period ended March 31, 2018 or the year ended December 31, 2017. |
Common Stock
Common Stock | 3 Months Ended |
Mar. 31, 2018 | |
Equity [Abstract] | |
Common Stock | Note 9 Common Stock On March 2, 2018, the Company completed a private placement of 150,000 shares of common stock at a per share price of $0.10 for gross proceeds of $15,000. As of the date of this report, the shares have not been issued. On February 16, 2018, the Company completed a private placement of 150,000 shares of common stock at a per share price of $0.10 for gross proceeds of $15,000. As of the date of this report, the shares have not been issued. On January 25, 2018, two convertible notes were converted into shares. One note for $25,000 was converted into 2,500,000 shares at $0.01 per share and the other note for $10,000 was converted into 2,000,000 shares at $0.005 per share. On July 14, 2017, two convertible notes were converted into shares. One note for $25,000 was converted into 555,556 shares at $0.045 per share and the other note for $20,000 was converted to 400,000 shares at $0.05 per share. 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 11,302,009. 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 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). 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. 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.) There are no shares subject to warrants or options as of March 31, 2018. |
Correction of Previously Issued
Correction of Previously Issued Financial Statements | 3 Months Ended |
Mar. 31, 2018 | |
Accounting Changes and Error Corrections [Abstract] | |
Correction of Previously Issued Financial Statements | Note 10 Correction of Previously Issued Financial Statements As described in Note 2 (i) Financial Instruments, of the Company’s audited financial statements of the year ended December 31, 2017, the Company corrected the accounting for convertible debt by adopting the principles in FASB ASC Topic 470, “ Debt with Conversions and Other Options, |
Demand Notes and Accrued Inte18
Demand Notes and Accrued Interest Payable (Tables) | 3 Months Ended |
Mar. 31, 2018 | |
Debt Disclosure [Abstract] | |
Schedule of Notes Payable | The Company has three notes payable. Each note is unsecured and payable on demand. March 31, 2018 December 31, 2017 Note payable bearing interest at 8% $ 25,000 $ 25,000 Accrued interest there on 26,297 25,797 51,297 50,797 March 31, 2018 December 31, 2017 Note payable bearing interest at 5% (Debt is Canadian $30,000) 23,256 23,809 Accrued interest there on 12,791 12,798 36,047 36,607 Note payable bearing at 12% 25,000 25,000 Accrued interest there on 11,438 10,690 36,438 35,690 Total debt and interest payable $ 123,782 $ 123,094 |
Convertible Notes Payable (Tabl
Convertible Notes Payable (Tables) | 3 Months Ended |
Mar. 31, 2018 | |
Debt Disclosure [Abstract] | |
Schedule of Convertible Notes Payable | A recap of convertible debt outstanding based on conversion rates is as follow: March 31, 2018 December 31, 2017 Convertible at $0.01 debt to 1 common share $ 85,000 $ 110,000 Convertible at $0.005 debt to 1 common share 10,000 20,000 Convertible at $0.015 debt to 1 common share 25,000 25,000 Convertible at $0.05 debt to 1 common share 21,000 21,000 Convertible at $0.04 debt to 1 common share 20,000 20,000 $ 161,000 $ 196,000 |
Nature and Continuance of Ope20
Nature and Continuance of Operations (Details Narrative) - USD ($) | Jan. 21, 2015 | Mar. 31, 2018 | Dec. 31, 2017 |
Common stock conversion basis | Issued and outstanding shares of common stock, on a 10 for 1 basis. | ||
Common stock, shares issued | 16,757,565 | 12,257,565 | |
Common stock, shares outstanding | 16,757,565 | 12,257,565 | |
Accumulated losses | $ 493,513 | $ 478,110 | |
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 |
License Agreement (Details Narr
License Agreement (Details Narrative) - USD ($) | Sep. 16, 2016 | Mar. 31, 2018 | Mar. 31, 2017 | Dec. 31, 2017 |
Unpaid balance on license | $ 33,500 | $ 33,500 | ||
Amortization of license | 6,250 | $ 6,250 | ||
Licensor [Member] | ||||
Payment to intangible assets | 16,500 | |||
Unpaid balance on license | 33,500 | |||
Amortization of license | $ 38,490 | |||
License Agreement [Member] | ||||
License agreement term | 2 years | 7 days | ||
License agreement cost | $ 10,000 | |||
License Agreement [Member] | Additional Payment [Member] | ||||
License agreement term | 30 days | |||
License agreement cost | $ 15,000 | |||
License Agreement [Member] | Final Payment [Member] | ||||
License agreement term | 90 days | |||
License agreement cost | $ 25,000 |
Demand Notes and Accrued Inte22
Demand Notes and Accrued Interest Payable (Details Narrative) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2018USD ($)Notes | Mar. 31, 2017USD ($) | Dec. 31, 2017USD ($) | |
Number of notes payable | Notes | 3 | ||
Accrued interest on note | $ 1,538 | $ 1,530 | |
Note Payable Bearing Interest at 8% [Member] | |||
Debt interest rate | 8.00% | 8.00% | |
Accrued interest on note | $ 500 | $ 500 | |
Note Payable Bearing Interest at 5% [Member] | |||
Debt interest rate | 5.00% | 5.00% | |
Accrued interest on note | $ 291 | $ 282 | |
Note Payable Bearing Interest at 12% [Member] | |||
Debt interest rate | 12.00% | 12.00% | |
Accrued interest on note | $ 748 | $ 748 |
Demand Notes and Accrued Inte23
Demand Notes and Accrued Interest Payable - Schedule of Notes Payable (Details) - USD ($) | Mar. 31, 2018 | Dec. 31, 2017 |
Total debt and interest payable | $ 123,782 | $ 123,094 |
Note Payable Bearing Interest at 8% [Member] | ||
Notes payable | 25,000 | 25,000 |
Accrued interest | 26,297 | 25,797 |
Total debt and interest payable | 51,297 | 50,797 |
Note Payable Bearing Interest at 5% [Member] | ||
Notes payable | 23,256 | 23,809 |
Accrued interest | 12,791 | 12,798 |
Total debt and interest payable | 36,047 | 36,607 |
Note Payable Bearing Interest at 12% [Member] | ||
Notes payable | 25,000 | 25,000 |
Accrued interest | 11,438 | 10,690 |
Total debt and interest payable | $ 36,438 | $ 35,690 |
Demand Notes and Accrued Inte24
Demand Notes and Accrued Interest Payable - Schedule of Notes Payable (Details) (Parenthetical) - CAD ($) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2018 | Dec. 31, 2017 | |
Note Payable Bearing Interest at 8% [Member] | ||
Debt interest rate | 8.00% | 8.00% |
Note Payable Bearing Interest at 5% [Member] | ||
Debt interest rate | 5.00% | 5.00% |
Note Payable Bearing Interest at 5% [Member] | CDN [Member] | ||
Debt | $ 30,000 | |
Note Payable Bearing Interest at 12% [Member] | ||
Debt interest rate | 12.00% | 12.00% |
Convertible Notes Payable (Deta
Convertible Notes Payable (Details Narrative) - Notes | 3 Months Ended | 12 Months Ended |
Mar. 31, 2018 | Dec. 31, 2017 | |
Debt Disclosure [Abstract] | ||
Number of convertible notes payable | 7 | |
Number of convertible notes payable settled | 2 | 2 |
Convertible notes descriptions | The remaining notes are convertible into common stock at the discretion of the holder at five different conversion rates: $0.01 debt to 1 common share, $0.005 to 1 common share; $0.15 to 1 common share; $0.05 to 1 common share; and $0.04 to 1 common share. |
Convertible Notes Payable - Sch
Convertible Notes Payable - Schedule of Convertible Notes Payable (Details) - USD ($) | Mar. 31, 2018 | Dec. 31, 2017 |
Convertible note payable | $ 161,000 | $ 196,000 |
Convertible Notes Payable Convertible on Basis of $0.01 of Debt to 1 Common Share [Member] | ||
Convertible note payable | 85,000 | 110,000 |
Convertible Notes Payable Convertible on Basis of $0.005 of Debt to 1 Common Share [Member] | ||
Convertible note payable | 10,000 | 20,000 |
Convertible Notes Payable Convertible on Basis of $0.015 of Debt to 1 Common Share [Member] | ||
Convertible note payable | 25,000 | 25,000 |
Convertible Notes Payable Convertible on Basis of $0.05 of Debt to 1 Common Share [Member] | ||
Convertible note payable | 21,000 | 21,000 |
Convertible Notes Payable Convertible on Basis of $0.04 of Debt to 1 Common Share [Member] | ||
Convertible note payable | $ 20,000 | $ 20,000 |
Convertible Notes Payable - S27
Convertible Notes Payable - Schedule of Convertible Notes Payable (Details) (Parenthetical) - $ / shares | Mar. 31, 2018 | Dec. 31, 2017 |
Convertible Notes Payable Convertible on Basis of $0.01 of Debt to 1 Common Share [Member] | ||
Debt conversion price per share | $ 0.01 | $ 0.01 |
Convertible Notes Payable Convertible on Basis of $0.005 of Debt to 1 Common Share [Member] | ||
Debt conversion price per share | 0.005 | 0.005 |
Convertible Notes Payable Convertible on Basis of $0.015 of Debt to 1 Common Share [Member] | ||
Debt conversion price per share | 0.015 | 0.015 |
Convertible Notes Payable Convertible on Basis of $0.05 of Debt to 1 Common Share [Member] | ||
Debt conversion price per share | 0.05 | 0.05 |
Convertible Notes Payable Convertible on Basis of $0.04 of Debt to 1 Common Share [Member] | ||
Debt conversion price per share | $ 0.04 | $ 0.04 |
Related Party Advance (Details
Related Party Advance (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2008 | |
Related party unpaid balance | $ 261 | $ 261 | |
Related party transaction | |||
President [Member] | |||
Related party advance due | $ 561 |
Common Stock (Details Narrative
Common Stock (Details Narrative) - USD ($) | Mar. 02, 2018 | Feb. 16, 2018 | Jan. 25, 2018 | Jul. 14, 2017 | Jan. 21, 2015 | Mar. 30, 2006 | Jun. 07, 2004 | Jun. 14, 2001 | Jun. 15, 1998 | Mar. 31, 2018 | Dec. 31, 2017 |
Number of common stock shares issued | 5,907,000 | 5,375,000 | |||||||||
Share issued price per share | $ 2.50 | $ 0.00008 | $ 0.00008 | ||||||||
Gross proceed from issuance of common stock | $ 472 | $ 430 | |||||||||
Common stock conversion basis | Issued and outstanding shares of common stock, on a 10 for 1 basis. | ||||||||||
Common stock, shares issued | 16,757,565 | 12,257,565 | |||||||||
Common stock, shares outstanding | 16,757,565 | 12,257,565 | |||||||||
Number of shares issued in private placement agreement | 20,000 | ||||||||||
Number of shares issued in private placement agreement exchange value | $ 50,000 | ||||||||||
Forward stock split ratio | Forward stock split of 5,000:1 | ||||||||||
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 Notes Payable One [Member] | |||||||||||
Convertible notes payable common shares value | $ 25,000 | $ 25,000 | |||||||||
Convertible notes payable common shares converted | 2,500,000 | 555,556 | |||||||||
Conversion price per share | $ 0.01 | $ 0.045 | |||||||||
Convertible Notes Payable Two [Member] | |||||||||||
Convertible notes payable common shares value | $ 10,000 | $ 20,000 | |||||||||
Convertible notes payable common shares converted | 2,000,000 | 400,000 | |||||||||
Conversion price per share | $ 0.005 | $ 0.05 | |||||||||
Private Placement [Member] | |||||||||||
Number of common stock shares issued | 150,000 | 150,000 | |||||||||
Share issued price per share | $ 0.10 | $ 0.10 | |||||||||
Gross proceed from issuance of common stock | $ 15,000 | $ 15,000 |