Document and Entity Information
Document and Entity Information | 9 Months Ended |
Dec. 31, 2015shares | |
Document and Entity Information | |
Entity Registrant Name | ZD VENTURES Corp |
Document Type | 10-Q |
Document Period End Date | Dec. 31, 2015 |
Amendment Flag | false |
Entity Central Index Key | 1,334,589 |
Current Fiscal Year End Date | --03-31 |
Entity Common Stock, Shares Outstanding | 26,747,009 |
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 | 2,016 |
Document Fiscal Period Focus | Q3 |
Trading Symbol | zdvn |
Balance Sheets
Balance Sheets - USD ($) | Dec. 31, 2015 | Mar. 31, 2015 |
Current Assets | ||
Cash | $ 11,828 | $ 21,271 |
Note receivable | 42,800 | |
Prepaid rent | 700 | 10,133 |
Investments, available for sale | 37,450 | |
Total Current Assets | 12,528 | 111,654 |
Furniture | 4,673 | |
TOTAL ASSETS | 12,528 | 116,327 |
Current Liabilities | ||
Accounts payable and accrued liabilities | 110,094 | 104,370 |
Convertible debt, net | 28,000 | 4,836 |
Advances from stockholder | 313,809 | 344,145 |
Total Current Liabilities | 451,903 | 453,351 |
TOTAL LIABILITIES | 451,903 | 453,351 |
STOCKHOLDERS' EQUITY (DEFICIT) | ||
Common stock value | 26,747 | 25,868 |
Additional paid-in capital | 2,213,472 | 2,127,759 |
Accumulated other comprehensive income | 68,269 | 34,692 |
Accumulated deficit | (2,747,863) | (2,525,343) |
Total Stockholders' Equity (Deficit) | (439,375) | (337,024) |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $ 12,528 | $ 116,327 |
Balance Sheets (parenthetical)
Balance Sheets (parenthetical) - USD ($) | Dec. 31, 2015 | Mar. 31, 2015 |
Balance Sheet | ||
Accumulated depreciation, furniture | $ 935 | $ 0 |
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 200,000,000 | 200,000,000 |
Common stock, shares issued | 26,747,009 | 15,943,300 |
Common stock, shares outstanding | 26,747,009 | 15,943,300 |
Statements of Operations
Statements of Operations - USD ($) | 3 Months Ended | 9 Months Ended | ||
Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2015 | Dec. 31, 2014 | |
Income Statement | ||||
Revenues | ||||
Operating Expenses | ||||
General and administrative expenses | $ 1,928 | $ 22,711 | $ 9,498 | $ 45,482 |
Professional fees | 1,100 | 10,203 | 8,400 | 53,481 |
Consulting fees | 27,000 | 44,199 | 47,730 | 106,084 |
Bad debt | 44,800 | 44,800 | ||
Impairment in investments | 39,200 | 39,200 | ||
Travel, meals and promotions | 6,155 | |||
Total expenses | 114,028 | 77,113 | 155,783 | 205,047 |
Loss from operations | (114,028) | (77,113) | (155,783) | (205,047) |
Gain on disposition of debt | 4,955 | |||
Interest expense | (22,329) | (13,863) | (66,737) | (41,438) |
Net income (loss) | (136,357) | (90,976) | (222,520) | (241,530) |
Other comprehensive gain (loss) | 13,195 | 10,366 | 33,577 | 540 |
Comprehensive income (loss) | $ (1,232,162) | $ (80,610) | $ (188,943) | $ (240,990) |
Basic and diluted net income (loss) per share | $ (0.01) | $ (0.01) | $ (0.01) | $ (0.02) |
Number of weighted average common shares outstanding | 26,747,009 | 15,943,300 | 26,188,936 | 15,943,300 |
Statements of Cash Flows
Statements of Cash Flows - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||
Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2015 | Dec. 31, 2014 | Mar. 31, 2015 | |
CASH FLOWS FROM OPERATING ACTIVITIES | |||||
Net income (loss) | $ (136,357) | $ (90,976) | $ (222,520) | $ (241,530) | |
Adjustments to reconcile net loss to net cash used by operating activities: | |||||
Forgiveness of debt | (4,955) | ||||
Bad debt | 44,800 | 44,800 | |||
Furniture written off | 4,673 | ||||
CEO fee forgiven | 15,000 | ||||
Impairment in investments | 39,200 | 39,200 | |||
Depreciation | 467 | ||||
Unamortized note payable discount written off | 17,669 | ||||
Amortization of note payable discount | 45,495 | 37,672 | |||
Changes in operating assets and liabilities: | |||||
(Increase) decrease in prepaid expenses | 9,433 | (11,929) | |||
Increase (decrease) in accounts payable and accrued liabilities | 5,724 | 50,930 | |||
Net cash used in operating activities | (40,526) | (169,345) | |||
CASH FLOWS USED IN INVESTING ACTIVITIES | |||||
Investments available for sale | 42,350 | ||||
Advances for investment in company | 48,400 | ||||
Payments for furniture | 5,608 | ||||
Net cash used in investing activities | (96,358) | ||||
CASH FLOWS FROM FINANCING ACTIVITIES | |||||
Advances from stockholder - proceeds | 174 | 187,574 | $ 157,387 | ||
Proceeds from convertible loan | 30,000 | 50,000 | |||
Net cash provided by financing activities | 30,174 | 237,574 | |||
Translation differences | 909 | 540 | |||
Net increase (decrease) in cash | (9,443) | (27,589) | |||
Cash, beginning of period | 21,271 | 74,415 | 74,415 | ||
Cash, end of period | $ 11,828 | $ 46,826 | $ 11,828 | $ 46,826 | $ 21,271 |
SUPPLEMENTAL DISCLOSURES | |||||
Income taxes paid | |||||
Interest paid | $ 3,133 | $ 2,506 | |||
NON-CASH INVESTING ACTIVITIES | |||||
Beneficial conversion feature on convertible debt | 30,000 | ||||
Convertible note converted into common shares | $ (10,000) |
Business Description and Summar
Business Description and Summary of Significant Accounting Policies | 9 Months Ended |
Dec. 31, 2015 | |
Notes | |
Business Description and Summary of Significant Accounting Policies | NOTE 1 - BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (A) Business Description ZD Ventures Corporation (the Company), incorporated on February 23, 2005 under the laws of the state of Nevada, operates from its Toronto, Canada office. Most of the activities of the Company to date relate to its organization, funding, and seeking business opportunities in the emerging technologies. At the end of the fiscal year 2015, the Company discontinued its plan for further development of a social website and wrote off the carrying costs as non-temporary impairment. During the nine months ended December 31, 2015, the Company was not able to conclude satisfactorily on several business negotiations. The management continues its efforts in reviewing business opportunities that will meet its criteria. (B) Basis of Presentation The unaudited interim financial statements as of and for the three and nine months ended December 31, 2015 have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC) for interim financial reporting. These financial statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary to present fairly the balance sheets, operating results and cash flows for the periods presented in accordance with accounting principles generally accepted in the United States of America. Operating results for the three and nine months ended December 31, 2015 are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2016. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted in accordance with the SECs rules and regulations for interim reporting. The unaudited interim financial statements should be read in conjunction with the Companys Annual Report filed on Form 10-K for the year ended March 31, 2015. The significant accounting policies followed are the same as those detailed in the said Annual Report. (C) Use of estimates The financial statements have been prepared in conformity with generally accepted accounting principles (GAAP). In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period then ended. Actual results may differ significantly from those estimates. |
Going Concern
Going Concern | 9 Months Ended |
Dec. 31, 2015 | |
Notes | |
Going Concern | NOTE 2 - GOING CONCERN The Companys financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations. In order to continue as a going concern, the Company will need, among other things, new business opportunities and additional capital resources. Managements plan is to obtain such resources for the Company by obtaining capital from significant shareholders sufficient to acquire and /or participate in new business ventures, to meet its minimal operating expenses and seeking equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. As of December 31, 2015, the Company has an accumulated deficit amount of approximately $2,747,863 . |
Recent Accounting Pronouncement
Recent Accounting Pronouncements | 9 Months Ended |
Dec. 31, 2015 | |
Notes | |
Recent Accounting Pronouncements | NOTE 3 - RECENT ACCOUNTING PRONOUNCEMENTS In August 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40)-Disclosure of Uncertainties about an Entitys Ability to Continue as a Going Concern (ASU 2014-15). ASU 2014-15 provides guidance to United States Generally Accepted Accounting Principles ("U.S. GAAP") about managements responsibility to evaluate whether there is a substantial doubt about an entitys ability to continue as a going concern and to provide related footnote disclosures. Specifically, ASU 2014-15 (1) defines the term substantial doubt, (2) requires an evaluation of every reporting period including interim periods, (3) provides principles for considering the mitigating effect of managements plan, (4) requires certain disclosures when substantial doubt is alleviated as a result of consideration of managements plans, (5) requires an express statement and other disclosures when substantial doubt is not alleviated, and (6) requires an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). The amendments in this update are effective for annual periods beginning after December 15, 2016 and interim periods within those reporting periods. Earlier adoption is permitted. This ASU is not anticipated to have a material impact on the Company's financial statements and notes to the financial statements. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. This ASU is the result of a convergence project between the FASB and the International Accounting Standards Board. The core principle behind ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods and services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for delivering those goods and services. This model involves a five-step process that includes identifying the contract with the customer, identifying the performance obligations in the contract, determining the transaction price, allocating the transaction prices to the performance obligations in the contract and recognizing revenue when (or as) the entity satisfies the performance obligations. The guidance in the ASU supersedes existing revenue recognition guidance and is effective for annual reporting periods beginning after December 15, 2016 with early application not permitted. The ASU allows two methods of adoption; a full retrospective approach where three years of financial information are presented in accordance with the new standard, and a modified retrospective approach where the ASU is applied as a cumulative effect adjustment as of the date of adoption. The Company will evaluate the impact of adopting the new standard once it begins generating revenue. In April 2015, the FASB issued ASU No. 2015-03, Interest - Imputation of Interest. ASU No. 2015-03 changes the presentation of debt issuance costs in financial statements. Under the new guidance, an entity presents such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. This guidance is effective beginning in the first quarter of fiscal year 2017 and early adoption is permitted in an interim period with any adjustments reflected as of the beginning of the fiscal year that includes that interim period. The company does not believe the guidance will result in a material impact to its financial statements. In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, which provides guidance for the recognition, measurement, presentation, and disclosure of financial assets and liabilities. This ASU will be effective for the Company beginning in the first quarter of fiscal year 2019. The Company is evaluating the effects of the adoption of this ASU to its financial statements. |
Investments, Available For Sale
Investments, Available For Sale Disclosure | 9 Months Ended |
Dec. 31, 2015 | |
Notes | |
Investments, Available For Sale Disclosure | NOTE 4- INVESTMENTS, AVAILABLE FOR SALE The Company was a member of Necotium, a pledge fund in Spain. The Fund on behalf of its members invests in early stage companies with strong growth potential. The investments are usually disposed of when the fund manager believes that expected growth is achieved. The proceeds are distributed among the members in proportion to their investments, after the funds fees and related costs. While the Company is no longer a member of the fund, it made the following investments through the fund during the fiscal year 2015. The investments constituted less than 10% of the total equity of the related investee entities: Original amount Date of As at Invested investment December 31, 2015 March 31 2015 Mailtrack Company SL 20,000 June 6, 2014 -- $21,400 Mobile Media Content 15,000 April 16, 2014 -- 16,050 $-- $37,450 The Fund ceased to provide updates on the above investments. The Company was unable to access any details from the investee companies. As a result, the Company concluded that as at December 31, 2015, the fair value of these investments was nil. The carrying costs of $39,200 was therefore considered impaired and expensed. |
Convertible Debts Disclosure
Convertible Debts Disclosure | 9 Months Ended |
Dec. 31, 2015 | |
Notes | |
Convertible Debts Disclosure | NOTE 5 - CONVERTIBLE DEBTS Dec. 31, 2015 March 31, 2015 Balance, at beginning of period $ 4,836 $ 7,808 Converted to additional paid in capital i (30,000) (146,900) Converted to common stock I & iii (40,000) (3,100) BCF amortization of discount i 63,164 97,028 Unsecured loans i 30,000 88,000 Debt discount to paid in capital -- (38,000) $ 28,000 $ 4,836 i. In April 2015, the Company received two unsecured convertible loans totalling to $30,000 repayable within one year and carrying coupon at 8%. The loans and coupons accrued can be converted into common shares of the Company at US$0.05 per common share at the discretion of the lenders within the repayment period. The entire loan amount was transferred to paid-in capital since the present value of its beneficial conversion feature (BCF) value was greater than its face value. Debt discount of $14,876 was charged to interest and included under convertible debt. In addition, debt discount of $30,619 on existing convertible debt was also charged to interest and included under convertible debt. ii. On September 14, 2015, a convertible debt holder of $ 38,000 loan converted $ 10,000 of the loan into 246,305 common shares as per the terms of the agreement. $ 2,544 of the unamortized portion of the debt was charged to interest expense. iii. On October 8, 2015, two unsecured convertible debt holders of $30,000 loans converted their loans and accrued interest to date into 631,856 common shares as per the terms of the agreement. $15,123 of the unamortized portion of the debt was charged to interest expense. |
Related Party Transactions
Related Party Transactions | 9 Months Ended |
Dec. 31, 2015 | |
Notes | |
Related Party Transactions | NOTE 6 - RELATED PARTY TRANSACTIONS (A) Advances from Stockholders Nine months to December 31, 2015 Year ended March 31, 2015 Balance, beginning of the period $ 344,145 $ 186,758 Exchange gain on conversion at period end (30,510) -- Funds advanced (net) 174 157,387 Balance, end of the period $ 313,809 $ 344,145 Funds were advanced from time to time by Current Capital Corporation (CCC), a Canadian based private company in Ontario, fully owned by Mr. John Robinson, a shareholder of the Company. Advances are repayable on demand and carry no interest; they have therefore been classified as current liabilities. (B) Related Party Expenses Three months ended Nine months ended Three months ended Nine months ended December 31, 2015 2015 2014 2014 Consulting fee to management 25,000 29,255 35,790 54,899 CEO fee for the prior period reversed to paid in capital -- (15,000) -- -- Fee charged (reversed) by CCC -- (6,000) -- 6,000 Reversal of fee charged in prior period by shareholder holding over 10% equity -- (3,745) 13,821 43,327 Telephone costs reimbursed to shareholder holding over 10% equity -- -- -- 1,133 Travel costs reimbursed to shareholder holding over 10% equity -- 4,458 683 1,732 (C) Related Party Payables Payables as at December 31, 2015 include $15,507 due to management (As at March 31, 2015: $43,507 due to the management) and $ nil (As at March 31, 2015: $3,745 due to a consultant holding over 10% equity interest in the Company) and $6,000 due to CCC (As at March 31, 2015: $12,000). Accruals include fee to CEO accrued of $25,000 (March 31, 2015: $ nil). |
Subsequent Events
Subsequent Events | 9 Months Ended |
Dec. 31, 2015 | |
Notes | |
Subsequent Events | NOTE 7 - SUBSEQUENT EVENTS The Company has evaluated subsequent events from the balance sheet date through the date these financial statements were issued and concluded that there are no events to disclose. |
Business Description and Summ13
Business Description and Summary of Significant Accounting Policies: Basis of Presentation (Policies) | 9 Months Ended |
Dec. 31, 2015 | |
Policies | |
Basis of Presentation | (B) Basis of Presentation The unaudited interim financial statements as of and for the three and nine months ended December 31, 2015 have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC) for interim financial reporting. These financial statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary to present fairly the balance sheets, operating results and cash flows for the periods presented in accordance with accounting principles generally accepted in the United States of America. Operating results for the three and nine months ended December 31, 2015 are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2016. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted in accordance with the SECs rules and regulations for interim reporting. The unaudited interim financial statements should be read in conjunction with the Companys Annual Report filed on Form 10-K for the year ended March 31, 2015. The significant accounting policies followed are the same as those detailed in the said Annual Report. |
Business Description and Summ14
Business Description and Summary of Significant Accounting Policies: Use of Estimates (Policies) | 9 Months Ended |
Dec. 31, 2015 | |
Policies | |
Use of Estimates | (C) Use of estimates The financial statements have been prepared in conformity with generally accepted accounting principles (GAAP). In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period then ended. Actual results may differ significantly from those estimates. |
Investments, Available For Sa15
Investments, Available For Sale Disclosure: Summary Investment Holdings (Tables) | 9 Months Ended |
Dec. 31, 2015 | |
Tables/Schedules | |
Summary Investment Holdings | Original amount Date of As at Invested investment December 31, 2015 March 31 2015 Mailtrack Company SL 20,000 June 6, 2014 -- $21,400 Mobile Media Content 15,000 April 16, 2014 -- 16,050 $-- $37,450 |
Convertible Debts Disclosure_ S
Convertible Debts Disclosure: Schedule of Convertible Debt (Tables) | 9 Months Ended |
Dec. 31, 2015 | |
Tables/Schedules | |
Schedule of Convertible Debt | Dec. 31, 2015 March 31, 2015 Balance, at beginning of period $ 4,836 $ 7,808 Converted to additional paid in capital i (30,000) (146,900) Converted to common stock I & iii (40,000) (3,100) BCF amortization of discount i 63,164 97,028 Unsecured loans i 30,000 88,000 Debt discount to paid in capital -- (38,000) $ 28,000 $ 4,836 |
Related Party Transactions_ Sch
Related Party Transactions: Schedule of Advances from Stockholder (Tables) | 9 Months Ended |
Dec. 31, 2015 | |
Tables/Schedules | |
Schedule of Advances from Stockholder | Nine months to December 31, 2015 Year ended March 31, 2015 Balance, beginning of the period $ 344,145 $ 186,758 Exchange gain on conversion at period end (30,510) -- Funds advanced (net) 174 157,387 Balance, end of the period $ 313,809 $ 344,145 |
Related Party Transactions_ S18
Related Party Transactions: Schedule of Related Party Expenses (Tables) | 9 Months Ended |
Dec. 31, 2015 | |
Tables/Schedules | |
Schedule of Related Party Expenses | Three months ended Nine months ended Three months ended Nine months ended December 31, 2015 2015 2014 2014 Consulting fee to management 25,000 29,255 35,790 54,899 CEO fee for the prior period reversed to paid in capital -- (15,000) -- -- Fee charged (reversed) by CCC -- (6,000) -- 6,000 Reversal of fee charged in prior period by shareholder holding over 10% equity -- (3,745) 13,821 43,327 Telephone costs reimbursed to shareholder holding over 10% equity -- -- -- 1,133 Travel costs reimbursed to shareholder holding over 10% equity -- 4,458 683 1,732 |
Going Concern (Details)
Going Concern (Details) - USD ($) | Dec. 31, 2015 | Mar. 31, 2015 |
Details | ||
Accumulated deficit | $ 2,747,863 | $ 2,525,343 |
Investments, Available For Sa20
Investments, Available For Sale Disclosure: Summary Investment Holdings (Details) | Mar. 31, 2015USD ($) |
Investments | $ 37,450 |
Mailtrack Company SL | |
Investments | 21,400 |
Mobile Media Content | |
Investments | $ 16,050 |
Investments, Available For Sa21
Investments, Available For Sale Disclosure (Details) - USD ($) | 3 Months Ended | 9 Months Ended |
Dec. 31, 2015 | Dec. 31, 2015 | |
Details | ||
Impairment in investments | $ 39,200 | $ 39,200 |
Convertible Debts Disclosure_22
Convertible Debts Disclosure: Schedule of Convertible Debt (Details) - USD ($) | Dec. 31, 2015 | Mar. 31, 2015 | Mar. 31, 2014 |
Convertible debt, net | $ 28,000 | $ 4,836 | $ 7,808 |
Converted to additional paid-in capital | |||
Convertible debts, gross | (30,000) | (146,900) | |
Converted to common stock | |||
Convertible debts, gross | (40,000) | (3,100) | |
BCF amortization of discount | |||
Convertible debts, gross | 63,164 | 97,028 | |
Unsecured loans | |||
Convertible debts, gross | $ 30,000 | 88,000 | |
N8UnsecuredLoanDebtDiscountToAdditionalPaidInCapitalMember | |||
Convertible debts, gross | $ (38,000) |
Related Party Transactions_ S23
Related Party Transactions: Schedule of Advances from Stockholder (Details) - USD ($) | 9 Months Ended | 12 Months Ended | ||
Dec. 31, 2015 | Dec. 31, 2014 | Mar. 31, 2015 | Mar. 31, 2014 | |
Details | ||||
Advances from stockholder | $ 313,809 | $ 344,145 | $ 186,758 | |
Exchange gain on conversion | (30,510) | |||
Proceeds from stockholder advances | $ 174 | $ 187,574 | $ 157,387 |
Related Party Transactions_ S24
Related Party Transactions: Schedule of Related Party Expenses (Details) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2015 | Dec. 31, 2014 | |
Consulting fee to management | ||||
Related party expenses | $ 25,000 | $ 35,790 | $ 29,255 | $ 54,899 |
CEO fee for the prior period | ||||
Related party expenses | (15,000) | |||
Fee charged (reversed) by CCC | ||||
Related party expenses | (6,000) | 6,000 | ||
Reversal of fee charged in prior period by shareholder | ||||
Related party expenses | 13,821 | (3,745) | 43,327 | |
Telephone costs reimbursed to shareholder | ||||
Related party expenses | 1,133 | |||
Travel costs reimbursed to shareholder | ||||
Related party expenses | $ 683 | $ 4,458 | $ 1,732 |
Related Party Transactions (Det
Related Party Transactions (Details) - USD ($) | Dec. 31, 2015 | Mar. 31, 2015 |
Due to management | ||
Accounts payable related parties | $ 15,507 | $ 43,507 |
Due to consultant owning over 10% | ||
Accounts payable related parties | 3,745 | |
Due to CCC | ||
Accounts payable related parties | 6,000 | $ 12,000 |
Accrued fees due to CEO | ||
Accounts payable related parties | $ 25,000 |