Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended | |
Sep. 30, 2013 | Nov. 07, 2013 | |
Document and Entity Information | ' | ' |
Entity Registrant Name | 'LILM, Inc. | ' |
Document Type | '10-Q | ' |
Document Period End Date | 30-Sep-13 | ' |
Amendment Flag | 'false | ' |
Entity Central Index Key | '0001357671 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 7,883,750 |
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 | '2013 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Entity Incorporation, State Country Name | 'Nevada | ' |
Entity Incorporation, Date of Incorporation | 30-Dec-99 | ' |
CONSOLIDATED_BALANCE_SHEETS
CONSOLIDATED BALANCE SHEETS (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Current Assests | ' | ' |
Cash | $1,493,003 | $447 |
Inventory | 112 | 1,168 |
Total Current Assets | 1,493,115 | 1,615 |
Equipment-Production Mold, Net | 765 | 1,020 |
Total Assets | 1,493,880 | 2,635 |
Current Liabilities | ' | ' |
Accounts Payable and Accrued Expenses | ' | 33,355 |
Note Payable- Related Party | ' | 52,756 |
Total Current Liabilities | ' | 86,111 |
Stockholders' Equity (Deficiency) | ' | ' |
Common Stock 7,633,750 shares issued and outstanding at September 30, 2013 and 2,633,750 shares issued and outstanding at December 31, 2012 | 7,634 | 2,634 |
Capital in excess of par value | 1,742,561 | 147,561 |
Accumulated deficit during development stage | -256,315 | -233,671 |
Total Stockholders' Equity (Deficiency) | 1,493,880 | -83,476 |
Total Liabilities and Stockholders' Equity (Deficiency) | $1,493,880 | $2,635 |
CONSOLIDATED_BALANCE_SHEETS_Pa
CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
CONSOLIDATED BALANCE SHEETS (Parenthetical) | ' | ' |
Common stock par value | $0.00 | $0.00 |
Common stock shares authorized | 25,000,000 | 25,000,000 |
Common stock shares issued | 7,633,750 | 2,633,750 |
Common stock shares outstanding | 7,633,750 | 2,633,750 |
CONSOLIDATED_STATEMENT_OF_OPER
CONSOLIDATED STATEMENT OF OPERATIONS (USD $) | 3 Months Ended | 9 Months Ended | 197 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | |
Revenue | ' | ' | ' | ' | ' |
Sales | $558 | $5,024 | $13,269 | $13,513 | $82,037 |
Cost of Goods Sold | -42 | -451 | -1,056 | -1,442 | -5,452 |
Gross Profit | 516 | 4,573 | 12,213 | 12,071 | 76,585 |
Operating Expenses | ' | ' | ' | ' | ' |
General and administrative | 6,832 | 8,715 | 32,752 | 23,817 | 298,877 |
Royalties | 6 | 46 | 115 | 146 | 801 |
Depreciation and amortization | 85 | 85 | 255 | 255 | 29,585 |
Total Expenses | 6,923 | 8,846 | 33,122 | 24,218 | 329,263 |
Other (Income) Expense: | ' | ' | ' | ' | ' |
Interest expense | 592 | 486 | 1,735 | 1,416 | 3,637 |
Net Loss | ($6,999) | ($4,759) | ($22,644) | ($13,563) | ($256,315) |
Net Loss Per Common Share | ' | ' | ' | ' | ' |
Basic and diluted | ' | ' | ' | ' | ' |
Weighted Average Outstanding Shares | ' | ' | ' | ' | ' |
Basic and diluted | 2,960,000 | 2,634,000 | 2,744,000 | 2,634,000 | ' |
CONSOLIDATED_STATEMENT_OF_CASH
CONSOLIDATED STATEMENT OF CASH FLOWS (USD $) | 9 Months Ended | 197 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | |
Cash Flows From Operating Activities | ' | ' | ' |
Net Loss | ($22,644) | ($13,563) | ($256,315) |
Adjustments to reconcile net loss to net cash used in operating activities: | ' | ' | ' |
Expenses paid by shareholders | 8,024 | ' | 26,948 |
Issuance of common stock for expenses | ' | ' | 8,700 |
Depreciation and amortization | 255 | 255 | 29,585 |
Changes in operating assets and liabilities: | ' | ' | ' |
Change in inventory | 1,056 | 857 | -112 |
Change in accounts payable and accrued expenses | -33,355 | 9,913 | -3,221 |
Net Cash Flows (Used in) Operations | -46,664 | -2,538 | -194,415 |
Cash Flows From Investing Activities | ' | ' | ' |
Purchase of patent | ' | ' | -28,650 |
Purchase of Equipment-Production Mold | ' | ' | -1,700 |
Purchase office equipment | ' | ' | -2,096 |
Net Cash Flows (Used in) Investing Activities | ' | ' | -32,446 |
Cash Flows From Financing Activities | ' | ' | ' |
Notes Payable from related party | 16,845 | 2,725 | 62,063 |
Payments to related party | -77,625 | -187 | -88,911 |
Proceeds from issuance of common stock | 1,600,000 | ' | 1,746,712 |
Net Cash Flows provided by Financing Activities | 1,539,220 | 2,538 | 1,719,864 |
Net Change in Cash | 1,492,556 | ' | 1,493,003 |
Cash at Beginning of Period | 447 | ' | ' |
Cash at End of Period | 1,493,003 | ' | 1,493,003 |
SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING ACTIVITIES | ' | ' | ' |
Issuance of 922,900 common shares for a patent- 2000 | ' | ' | $11,963 |
1_Organization
1. Organization | 9 Months Ended |
Sep. 30, 2013 | |
Notes | ' |
1. Organization | ' |
1. ORGANIZATION | |
LILM, Inc. (the “Company”) was incorporated under the laws of the state of Nevada on December 30, 1999 with authorized common stock of 25,000,000 shares with a par value of $0.001 per share. The principal business activity of the Company is to manufacture and market the LiL Marc urinal used in the training of young boys. | |
During January 2005 the Company organized LiL Marc, Inc., in the state of Utah, and transferred all its assets, liabilities, and operations to LiL Marc Inc. in exchange for all of the outstanding stock of LiL Marc, Inc. for the purpose of continuing its operations in a subsidiary. | |
LiL Marc, Inc. (predecessor) was incorporated under the laws of the state of Nevada on April 22, 1997 for the purpose of marketing and sales of the LiL Marc training urinal for use by young boys. The marketing and sales activity was transferred to LILM, Inc. on December 30, 1999. | |
Included in the following financial statements are the combined statements of operations of LiL Marc, Inc. (predecessor) for the period April 22, 1997 to December 30, 1999 and LILM, Inc., and its subsidiary, for the period December 30, 1999 to September 30, 2013. | |
The accompanying unaudited balance sheet of LILM, Inc and Subsidiary (development stage company) as of the September 30, 2013 and related unaudited statements of operations for the three and nine months ended September 30, 2013 and 2012, and the period April 22, 1997 (date of inception) to September 30, 2013, and related unaudited statements of cash flows for the nine months ended September 30, 2013 and 2012, and the period April 22, 1997 (date of inception) to September 30, 2013, have been prepared in accordance with the requirements for unaudited interim periods, and consequently do not include all disclosures required to be in conformity with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. Operating results for the nine month period ended September 30, 2013, are not necessarily indicative of the results that can be expected for the fiscal year ending December 31, 2013 or any other subsequent period. |
2_Summary_of_Significant_Accou
2. Summary of Significant Accounting Policies | 9 Months Ended |
Sep. 30, 2013 | |
Notes | ' |
2. Summary of Significant Accounting Policies | ' |
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
Accounting Method | |
The Company recognizes income and expenses based on the accrual method of accounting. | |
Dividend Policy | |
The Company has not yet adopted a policy regarding payment of dividends. | |
Income Taxes | |
The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting and the tax bases of the assets and liabilities and are measured using the enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recorded, when it is more likely than not, that such tax benefits will not be realized. | |
Cash and Cash Equivalents | |
Cash and cash equivalents consist of cash in banks and highly liquid investments with original maturities of three months or less at the date of acquisition. | |
Long-lived Assets | |
The Company reviews its long-lived assets and intangibles periodically to determine potential impairment by comparing the carrying value of the long-lived assets with the estimated future cash flows expected to result from the use of the assets, including cash flows from disposition. Should the sum of the expected future cash flows be less than the carrying value, the Company would recognize an impairment loss. An impairment loss would be measured by comparing the amount by which the carrying value exceeds the fair value of the long-lived assets and intangibles. To date, management has determined that no impairment of long-lived assets exists. | |
Revenue Recognition | |
Revenue is recognized upon the completion of the sale and shipment of the training urinal product. The product is sold via the internet and is delivered to customers or to wholesale resellers using a ground courier service. | |
Advertising and Market Development | |
The company expenses advertising and market development costs as incurred. The Company incurred $0 in advertising and market development costs for the nine month periods ended September 30, 2013 and 2012. | |
Financial Instruments | |
The carrying amounts of financial instruments, including cash and accounts payable, are considered by management to be their estimated fair values due to their short term maturities. | |
Basic and Diluted Net Income (Loss) Per Share | |
Basic net income (loss) per share amounts are computed based on the weighted average number of shares actually outstanding. Diluted net income (loss) per share amounts are computed using the weighted average number of common shares and common equivalent shares outstanding as if shares had been issued on the exercise of any common share rights unless the exercise becomes antidilutive and then the basic and diluted per share amounts are the same. As of September 30, 2013 and 2012, there were no common stock equivalents outstanding. | |
Financial and Concentrations Risk | |
The Company does not have any concentration or related financial credit risk. | |
Estimates and Assumptions | |
Management uses estimates and assumptions in preparing financial statements in accordance with accounting principles generally accepted in the United States of America. Those estimates and assumptions affect the reported amounts of the assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were assumed in preparing these financial statements. | |
Principles of Consolidation | |
The accompanying consolidated financial statements include the accounts of the Company and its subsidiary from its inception. All significant intercompany accounts and balances have been eliminated in consolidation. | |
Recent Accounting Pronouncements | |
The Company does not expect that the adoption of recent accounting pronouncements will have a material impact on its financial statements. |
3_Inventory
3. Inventory | 9 Months Ended |
Sep. 30, 2013 | |
Notes | ' |
3. Inventory | ' |
3. INVENTORY | |
The LiL Marc urinal is a standalone product made of plastic consisting of a urinal produced in California using a blow mold and a stand and base produced in China with an injection mold. All inventory components are shipped to The Villages, Florida, and stored in a small warehouse. The product is sold via the internet, is assembled at time of shipping by the Company, and is delivered to customers or to wholesale resellers using a ground courier service. Inventory is reported at the lower of cost or net realizable value. As of September 30, 2013 and 2012, all inventory was finished goods. |
4_Equipment_Production_Mold
4. Equipment - Production Mold | 9 Months Ended |
Sep. 30, 2013 | |
Notes | ' |
4. Equipment - Production Mold | ' |
4. EQUIPMENT – PRODUCTION MOLD | |
On August 2, 2010, the Company purchased an injection mold from a China consortium for $1,700 to produce the base and stand for the LiL Marc training urinal. The Company has determined the mold went into service on or about January 1, 2011 and is being depreciated, using the straight-line method, over a 5 year period. Depreciation expense for the nine months ended September 30, 2013 and 2012 was $255, for each period. Equipment is carried at cost, net of depreciation. |
5_Patent
5. Patent | 9 Months Ended |
Sep. 30, 2013 | |
Notes | ' |
5. Patent | ' |
5. PATENT | |
The Company acquired a patent from a related party, for the LiL Marc training urinal and was recorded at the predecessor cost, less amortization. The patent was issued on July 16, 1991 and has been fully amortized. | |
The terms of the acquisition of the patent includes a royalty of $0.25, due to the inventor, on the sale of each training urinal. |
6_Stockholders_Deficiency
6. Stockholders' Deficiency | 9 Months Ended |
Sep. 30, 2013 | |
Notes | ' |
6. Stockholders' Deficiency | ' |
6. STOCKHOLDERS’ DEFICIENCY | |
As of September 30, 2013, the Company had 25,000,000 common shares authorized ($.001 par value), and 7,633,750 common shares issued and outstanding. | |
On September 25, 2013 the Company sold 5,000,000 shares of its unregistered common stock $0.001 par at $0.32 per share for an aggregate purchase price of $1,600,000 to Kent Campbell, the Company’s Chief Executive Officer. |
7_Significant_Transactions_Wit
7. Significant Transactions With Related Parties | 9 Months Ended |
Sep. 30, 2013 | |
Notes | ' |
7. Significant Transactions With Related Parties | ' |
7. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES | |
During the nine months ended September 30, 2013, George Norman, the Company’s former Chief Executive Officer and a Director advanced the sum of $16,845 to the Company as a working capital loan, and paid $8,024 in expenses on behalf of the Company. During the nine months ended September 30, 2012, Mr. Norman advanced the sum of $2,725 to the Company as a working capital loan, and was repaid $187 for prior loans. | |
As of January 1, 2012, the Company’s Board of Directors approved a modification of the terms of all loans by Mr. Norman and Alewine Limited Liability Company (“Alewine”), a company owned and controlled by Mr. Norman, to include an annual, simple interest rate of 4%. Related party interest expense for the nine months ended September 30, 2013 was $1,735. | |
Pursuant to the terms of a Share Purchase Agreement dated September 24, 2013 (the “Share Purchase Agreement”), Alewine sold 1,788,475 of its 1,863,475 shares of the Company’s common stock in a private transaction to Mr. Campbell (1,466,225 shares) and Denis Espinoza (322,250 shares) . | |
On September 26, 2013 all amounts due by the Company to Mr. Norman and Alewine in the amount of $77,992 consisting of $74,355 principal and $3,637 in accrued interest, were repaid by the Company, as provided for in the Share Purchase Agreement. |
8_Subsequent_Events
8. Subsequent Events | 9 Months Ended |
Sep. 30, 2013 | |
Notes | ' |
8. Subsequent Events | ' |
8. SUBSEQUENT EVENTS | |
Stock issuances, ordering an additional production mold, real property acquisitions, etc. | |
On or about October 15, 20132013-10-15, the Company sold to: (i) Sarah Campbell, its recently appointed Chief Administrative Officer, 100,000 shares of its restricted common stock for a purchase price of $0.32 per share for a total of $32,000, and (ii) Thomas G. Campbell 150,000 shares of its restricted common stock for a purchase price of $0.32 per share for a total purchase price of $48,000. | |
On October 16, 2013 the Company entered into a lease with an unaffiliated third party for a warehouse for a term of one year. The lease may be terminated by the Company with 30 days notice within the first 6 months of the lease term. The warehouse occupies approximately 1,250 square feet of space with a monthly rent of $960 for the first six months and $1,065 per month thereafter. | |
On October 21, 2013, the Company purchased all of the outstanding membership units of Ashland Holdings, LLC ("Ashland") from our CEO Kent Campbell for a purchase price of $20,000. At the time of purchase Ashland's sole asset consisted of $19,000 in cash. | |
On October 29, 2013, our wholly-owned subsidiary, Ashland, entered into an Agreement for the Purchase and Sale of Real Estate (the “Agreement”) with TD Bank pursuant to which Ashland agreed to purchase .90 acres of real estate, including an office building thereon, located in Wildwood, Florida (the “Property”). | |
The purchase price for the Property is $47,500 (the “Purchase Price”). Ashland paid to American Home Title Insurance, as escrow agent, a $4,750 earnest money deposit to be applied to the Purchase Price at closing. Unless otherwise extended, the closing under the Agreement is required to take place no later than 15 days after completion of the investigation period of the Property, which investigation must be completed within 30 days from the date of the Agreement. |
2_Summary_of_Significant_Accou1
2. Summary of Significant Accounting Policies: Accounting Method (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Accounting Method | ' |
Accounting Method | |
The Company recognizes income and expenses based on the accrual method of accounting. |
2_Summary_of_Significant_Accou2
2. Summary of Significant Accounting Policies: Dividend Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Dividend Policy | ' |
Dividend Policy | |
The Company has not yet adopted a policy regarding payment of dividends. |
2_Summary_of_Significant_Accou3
2. Summary of Significant Accounting Policies: Income Taxes (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Income Taxes | ' |
Income Taxes | |
The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting and the tax bases of the assets and liabilities and are measured using the enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recorded, when it is more likely than not, that such tax benefits will not be realized. |
2_Summary_of_Significant_Accou4
2. Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Cash and Cash Equivalents | ' |
Cash and Cash Equivalents | |
Cash and cash equivalents consist of cash in banks and highly liquid investments with original maturities of three months or less at the date of acquisition. |
2_Summary_of_Significant_Accou5
2. Summary of Significant Accounting Policies: Long-lived Assets (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Long-lived Assets | ' |
Long-lived Assets | |
The Company reviews its long-lived assets and intangibles periodically to determine potential impairment by comparing the carrying value of the long-lived assets with the estimated future cash flows expected to result from the use of the assets, including cash flows from disposition. Should the sum of the expected future cash flows be less than the carrying value, the Company would recognize an impairment loss. An impairment loss would be measured by comparing the amount by which the carrying value exceeds the fair value of the long-lived assets and intangibles. To date, management has determined that no impairment of long-lived assets exists. |
2_Summary_of_Significant_Accou6
2. Summary of Significant Accounting Policies: Revenue Recognition Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Revenue Recognition Policy | ' |
Revenue Recognition | |
Revenue is recognized upon the completion of the sale and shipment of the training urinal product. The product is sold via the internet and is delivered to customers or to wholesale resellers using a ground courier service. |
2_Summary_of_Significant_Accou7
2. Summary of Significant Accounting Policies: Advertising and Market Development Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Advertising and Market Development Policy | ' |
Advertising and Market Development | |
The company expenses advertising and market development costs as incurred. The Company incurred $0 in advertising and market development costs for the nine month periods ended September 30, 2013 and 2012. |
2_Summary_of_Significant_Accou8
2. Summary of Significant Accounting Policies: Financial Instruments Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Financial Instruments Policy | ' |
Financial Instruments | |
The carrying amounts of financial instruments, including cash and accounts payable, are considered by management to be their estimated fair values due to their short term maturities. |
2_Summary_of_Significant_Accou9
2. Summary of Significant Accounting Policies: Basic and Diluted Net Income (loss) Per Share Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Basic and Diluted Net Income (loss) Per Share Policy | ' |
Basic and Diluted Net Income (Loss) Per Share | |
Basic net income (loss) per share amounts are computed based on the weighted average number of shares actually outstanding. Diluted net income (loss) per share amounts are computed using the weighted average number of common shares and common equivalent shares outstanding as if shares had been issued on the exercise of any common share rights unless the exercise becomes antidilutive and then the basic and diluted per share amounts are the same. As of September 30, 2013 and 2012, there were no common stock equivalents outstanding. |
Recovered_Sheet1
2. Summary of Significant Accounting Policies: Financial and Concentrations Risk Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Financial and Concentrations Risk Policy | ' |
Financial and Concentrations Risk | |
The Company does not have any concentration or related financial credit risk. |
Recovered_Sheet2
2. Summary of Significant Accounting Policies: Estimates and Assumptions Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Estimates and Assumptions Policy | ' |
Estimates and Assumptions | |
Management uses estimates and assumptions in preparing financial statements in accordance with accounting principles generally accepted in the United States of America. Those estimates and assumptions affect the reported amounts of the assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were assumed in preparing these financial statements. |
Recovered_Sheet3
2. Summary of Significant Accounting Policies: Principles of Consolidation Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Principles of Consolidation Policy | ' |
Principles of Consolidation | |
The accompanying consolidated financial statements include the accounts of the Company and its subsidiary from its inception. All significant intercompany accounts and balances have been eliminated in consolidation. |
Recovered_Sheet4
2. Summary of Significant Accounting Policies: Recent Accounting Pronouncements Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Policies | ' |
Recent Accounting Pronouncements Policy | ' |
Recent Accounting Pronouncements | |
The Company does not expect that the adoption of recent accounting pronouncements will have a material impact on its financial statements. |
1_Organization_Details
1. Organization (Details) (USD $) | 9 Months Ended | ||
Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 1999 | |
Details | ' | ' | ' |
Entity Incorporation, State Country Name | 'Nevada | ' | ' |
Entity Incorporation, Date of Incorporation | 30-Dec-99 | ' | ' |
Common stock shares authorized | 25,000,000 | 25,000,000 | 25,000,000 |
Common stock par value | $0.00 | $0.00 | $0.00 |
Recovered_Sheet5
2. Summary of Significant Accounting Policies: Advertising and Market Development Policy (Details) (USD $) | 9 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | |
Details | ' | ' |
Advertising and Market Development | $0 | $0 |
4_Equipment_Production_Mold_De
4. Equipment - Production Mold (Details) (USD $) | 3 Months Ended | 9 Months Ended | 197 Months Ended | |||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Aug. 02, 2010 | |
Details | ' | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Other, Gross | ' | ' | ' | ' | ' | $1,700 |
Depreciation and amortization | $85 | $85 | $255 | $255 | $29,585 | ' |
5_Patent_Details
5. Patent (Details) (USD $) | 9 Months Ended |
Sep. 30, 2013 | |
Details | ' |
Royalty due to inventor | $0.25 |
6_Stockholders_Deficiency_Deta
6. Stockholders' Deficiency (Details) (USD $) | Sep. 30, 2013 | Sep. 25, 2013 | Dec. 31, 2012 | Dec. 31, 1999 |
Details | ' | ' | ' | ' |
Common stock shares authorized | 25,000,000 | ' | 25,000,000 | 25,000,000 |
Common stock shares outstanding | 7,633,750 | ' | 2,633,750 | ' |
Common stock shares sold | ' | 5,000,000 | ' | ' |
Sale of Stock, Price Per Share | ' | $0.32 | ' | ' |
Purchase Price of common stock shares sold | ' | $1,600,000 | ' | ' |
7_Significant_Transactions_Wit1
7. Significant Transactions With Related Parties (Details) (USD $) | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |
Details | ' | ' | ' |
Increase in loans from the CEO and Directors | $16,845 | $2,725 | ' |
Increase in loans from the CEO and Directors for expenses | 8,024 | ' | ' |
Decrease in loans from the CEO and Directors | $187 | ' | ' |
Notes Payable Related Parties Classified Current Interest Rate | ' | ' | 4.00% |
7_Significant_Transactions_Wit2
7. Significant Transactions With Related Parties: Related Interest Expense (Details) (USD $) | 3 Months Ended | 9 Months Ended | 197 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | |
Details | ' | ' | ' | ' | ' |
Interest expense | $592 | $486 | $1,735 | $1,416 | $3,637 |
7_Significant_Transactions_Wit3
7. Significant Transactions With Related Parties: Share Purchase Agreement (Details) (USD $) | 9 Months Ended | 197 Months Ended | 1 Months Ended | ||||||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Oct. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | |
Alewine | Thomas G. Campbell | Thomas G. Campbell | Denis Espinoza | Principal | Interest | ||||
Sale of Stock, Number of Shares Issued in Transaction | ' | ' | ' | 1,788,475 | 150,000 | 1,466,225 | 322,250 | ' | ' |
Payments to related party | $77,625 | $187 | $88,911 | $77,992 | ' | ' | ' | $74,355 | $3,637 |
8_Subsequent_Events_Details
8. Subsequent Events (Details) (USD $) | 9 Months Ended | 1 Months Ended | 1 Months Ended | ||||
Sep. 30, 2013 | Sep. 25, 2013 | Oct. 30, 2013 | Oct. 15, 2013 | Oct. 30, 2013 | Sep. 30, 2013 | Oct. 15, 2013 | |
Sarah Campbell | Sarah Campbell | Thomas G. Campbell | Thomas G. Campbell | Thomas G. Campbell | |||
Sale of Stock, Transaction Date | 15-Oct-13 | ' | ' | ' | ' | ' | ' |
Sale of Stock, Number of Shares Issued in Transaction | ' | ' | 100,000 | ' | 150,000 | 1,466,225 | ' |
Sale of Stock, Price Per Share | ' | $0.32 | ' | $0.32 | ' | ' | $0.32 |
Sale of Stock, Consideration Received on Transaction | ' | ' | $32,000 | ' | $48,000 | ' | ' |
8_Subsequent_Events_Warehouse_
8. Subsequent Events: Warehouse Lease (Details) (USD $) | 1 Months Ended | 6 Months Ended | |
Oct. 31, 2013 | Oct. 16, 2014 | Apr. 16, 2014 | |
Details | ' | ' | ' |
Lease Terms | 'On October 16, 2013 the Company entered into a lease with an unaffiliated third party for a warehouse for a term of one year. The lease may be terminated by the Company with 30 days notice within the first 6 months of the lease term. The warehouse occupies approximately 1,250 square feet of space with a monthly rent of $960 for the first six months and $1,065 per month thereafter. | ' | ' |
Operating Leases, Rent Expense, Minimum Rentals | ' | $1,065 | $960 |
8_Subsequent_Events_Ashland_De
8. Subsequent Events: Ashland (Details) (USD $) | Oct. 21, 2013 |
Details | ' |
Purchase Price of Ashland | $20,000 |
Ashland's sole asset | $19,000 |
8_Subsequent_Events_Purchase_o
8. Subsequent Events: Purchase of Property (Details) (USD $) | Oct. 29, 2013 |
Details | ' |
Purchase Price of Property | $47,500 |
Earnest money deposit to be applied to the Purchase Price at closing | $4,750 |