Document_and_Entity_Informatio
Document and Entity Information | 3 Months Ended | |
Mar. 31, 2014 | Apr. 28, 2014 | |
Document and Entity Information | ' | ' |
Entity Registrant Name | 'Great Plains Holdings, Inc. | ' |
Document Type | '10-Q | ' |
Document Period End Date | 31-Mar-14 | ' |
Amendment Flag | 'false | ' |
Entity Central Index Key | '0001357671 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 8,030,625 |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Voluntary Filers | 'No | ' |
Entity Well-known Seasoned Issuer | 'No | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q1 | ' |
Entity Incorporation, State Country Name | 'Nevada | ' |
Entity Incorporation, Date of Incorporation | 30-Dec-99 | ' |
CONDENSED_CONSOLIDATED_BALANCE
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Current Assets | ' | ' |
Cash and Cash Equivalents | $1,306,519 | $1,479,152 |
Accounts Receivable | 990 | 285 |
Inventory | 14,293 | 15,712 |
Prepaid Expenses | ' | 2,875 |
Total Current Assets | 1,321,802 | 1,498,024 |
Property and Equipment | ' | ' |
Property and Equipment | 141,716 | 58,057 |
Less Accumulated Depreciation | -5,361 | -3,645 |
Land | 5,651 | 5,651 |
Construction in Progress | 33,570 | ' |
Net Property and Equipment | 175,576 | 60,063 |
Total Assets | 1,497,378 | 1,558,087 |
Current Liabilities | ' | ' |
Accounts Payable | 10,051 | 7,504 |
Total Current Liabilities | 10,051 | 7,504 |
Total Liabilities | 10,051 | 7,504 |
Stockholders' Equity | ' | ' |
Preferred stock, $.001 par value, 20,000,000 shares authorized with 1,000,000 shares designated as Series A Preferred Stock, $.001 par value, 10,000 and 0 shares issued and outstanding at March 31, 2014 and December 31, 2013 | 10 | ' |
Common stock, 300,000,000 shares authorized, $.001 par value, 8,030,625 and 7,993,125 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively | 8,031 | 7,993 |
Additional Paid in Capital | 1,869,441 | 1,856,489 |
Accumulated deficit | -390,155 | -313,899 |
Total Stockholders' Equity | 1,497,327 | 1,550,583 |
Total Liabilities and Stockholders' Equity | $1,497,378 | $1,558,087 |
CONDENSED_CONSOLIDATED_BALANCE1
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) | ' | ' |
Preferred stock par value | $0.00 | $0.00 |
Preferred stock shares authorized | 20,000,000 | 20,000,000 |
Series A Preferred stock par value | $0.00 | $0.00 |
Series A Preferred stock shares authorized | 1,000,000 | 1,000,000 |
Series A Preferred stock shares issued | 10,000 | ' |
Series A Preferred stock shares outstanding | 10,000 | ' |
Common stock par value | $0.00 | $0.00 |
Common stock shares authorized | 300,000,000 | 300,000,000 |
Common stock shares issued | 8,030,625 | 7,993,125 |
Common stock shares outstanding | 8,030,625 | 7,993,125 |
CONDENSED_CONSOLIDATED_STATEME
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (USD $) | 3 Months Ended | 203 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | |
Sales | ' | ' | ' |
Sales Revenue | $6,385 | $7,390 | $88,936 |
Total Sales | 6,385 | 7,390 | 88,936 |
Cost of Goods Sold | ' | ' | ' |
Cost of Sales | 2,179 | 604 | 8,203 |
Total Cost of Goods Sold | 2,179 | 604 | 8,203 |
Gross Profit | 4,206 | 6,786 | 80,733 |
Operating Expenses | ' | ' | ' |
Royalty Expense | 47 | 65 | 1,098 |
Depreciation and Amortization | 1,716 | 85 | 31,915 |
General and Administrative Expenses | 78,699 | 16,323 | 434,238 |
Total Operating Expenses | 80,462 | 16,473 | 467,251 |
Operating Loss | -76,256 | -9,687 | -386,518 |
Other Income (Expenses) | ' | ' | ' |
Interest expense | ' | -523 | -3,637 |
Total Other Income (Expenses) | ' | -523 | -3,637 |
Net Loss Before Taxes | -76,256 | -10,210 | -390,155 |
Net Loss | ($76,256) | ($10,210) | ($390,155) |
Loss per share of common stock (basic and diluted) | ($0.01) | $0 | ' |
Weighted average shares outstanding | 8,030,625 | 2,633,750 | ' |
CONDENSED_CONSOLIDATED_STATEME1
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $) | 3 Months Ended | 203 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | |
Cash Flows From Operating Activities | ' | ' | ' |
Net Income (Loss) | ($76,256) | ($10,210) | ($390,155) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ' | ' | ' |
Depreciation and Amortization | 1,716 | 85 | 31,915 |
Contributions to capital - expenses paid by shareholders | ' | 2,095 | 26,948 |
Issuance of common stock for expenses | ' | ' | 8,700 |
Change in Operating Assets and Liabilities: | ' | ' | ' |
Change in accounts receivable | -704 | ' | -989 |
Change in inventory | 1,418 | 604 | -14,294 |
Change in prepaid assets | 2,875 | ' | ' |
Change in accounts payable | 2,547 | 2,687 | 6,830 |
Net Cash Used In Operating Activities: | -68,404 | -4,739 | -331,045 |
Cash Flows From Investing Activities | ' | ' | ' |
Purchases of Property and Equipment | -117,229 | ' | -180,937 |
Patent | ' | ' | -28,650 |
Net Cash Used In Investing Activities: | -117,229 | ' | -209,587 |
Cash Flows From Financing Activities | ' | ' | ' |
Notes Payable - Related Party | ' | 5,670 | 62,063 |
Payment to Related Party | ' | -960 | -88,911 |
Proceeds from the issuance of preferred stock | 1,000 | ' | 1,000 |
Proceeds from the issuance of common stock | 12,000 | ' | 1,872,999 |
Net Cash Provided By Financing Activities: | 13,000 | 4,710 | 1,847,151 |
Net Change in Cash & Cash Equivalents | -172,633 | -29 | 1,306,519 |
Beginning Cash & Cash Equivalents | 1,479,152 | 447 | ' |
Ending Cash & Cash Equivalents | 1,306,519 | 418 | 1,306,519 |
Noncash Investing and Financing Activities | ' | ' | ' |
Issuance of 922,900 common shares for a patent - 2000 | ' | ' | $11,963 |
Note_1_Organization_and_Basis_
Note 1 - Organization and Basis of Presentation | 3 Months Ended |
Mar. 31, 2014 | |
Notes | ' |
Note 1 - Organization and Basis of Presentation | ' |
Note 1 – Organization and Basis of Presentation | |
Great Plains Holdings, Inc. (the “Company”) was incorporated under the laws of the state of Nevada on December 30, 1999 under the name LILM, Inc. The Company changed its name on December 3, 2013 as part of its plans to diversify its business through the acquisition and operation of commercial real estate, including but not limited to self-storage facilities, apartment buildings, 55+ senior manufactured homes communities, and other income producing properties. Historically, the Company has principally engaged in manufacture and marketing of the LiL Marc urinal used in the training of young boys. | |
Included in the following financial statements are the combined statements of operations of the Company and its subsidiaries for the period April 22, 1997 to March 31, 2014. | |
The accompanying unaudited balance sheets of the Company as of March 31, 2014 (with comparative figures as at December 31, 2013) and the statement of operations for the three months ended March 31, 2014 and 2013 and for the period from April 22, 1997 (predecessor date of inception) to March 31, 2014 and the statement of cash flows for the three months ended March 31, 2014 and 2013 and for the period from April 22, 1997 (predecessor date of inception) to March 31, 2014 have been prepared by the Company’s management 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. These interim consolidated financial statements should be read in conjunction with the financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2013 filed with the Securities and Exchange Commission (the “SEC”). | |
Operating results for the three months ended March 31, 2014 are not necessarily indicative of the results that can be expected for the year ending December 31, 2014. |
Note_2_Summary_of_Significant_
Note 2 - Summary of Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2014 | |
Notes | ' |
Note 2 - Summary of Significant Accounting Policies | ' |
Note 2 - Summary of Significant Accounting Policies | |
Use of Estimates | |
We use estimates and assumptions in preparing financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates. | |
Fair Value of Financial Instruments | |
The fair value of a financial instrument represents the amount at which the instrument could be exchanged in a current transaction between willing parties, other than a forced sale or liquidation. Significant differences can arise between the fair value and carrying amount of financial instruments that are recognized at historical cost amounts. The carrying value of the company’s financial assets and liabilities approximate the fair value of the short maturity of those instruments. | |
Accounting Method | |
The Company recognizes income and expenses based on the accrual method of accounting. | |
Accounts Receivable | |
Accounts receivable are recorded when invoices are issued and the amount management expects to collect is reported on the balance sheet. Accounts receivable are written off when they are determined to be uncollectible. The allowance for doubtful accounts is estimated based on the Company’s historical losses, the existing economic condition in the industry, and the financial stability of its customers. | |
Advertising | |
The Company expenses all advertising costs as they are incurred. | |
Amortization | |
Amortization is provided based on the straight line method over estimated useful life. | |
Cash and Cash Equivalents | |
Cash and cash equivalents are defined as demand deposits, money market accounts and overnight investments at banks. Cash is maintained in banks insured by the FDIC for an aggregate of up to $250,000. The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. | |
Comprehensive Income | |
Statement of Financial Accounting Standards No. 130, Reporting Comprehensive Income (SFAS 130), required that total comprehensive income be reported on the financial statements. The Company has no additional components of Comprehensive Income required for disclosure which are not properly reflected on the Income Statement and Statement of Retained Earnings. | |
Concentrations of Risk | |
Financial Instruments which potentially subject the Company to concentrations of risk consist primarily of cash and cash equivalents. The Company places its cash and cash equivalents with major financial institutions. At March 31, 2014, the Company has $835,102 in excess of federally insured limits. | |
Depreciation | |
Depreciation is provided based on the straight line method. The annual depreciation rates are based on useful lives ranging from five to forty years. | |
Dividend Policy | |
The Company has not yet adopted a policy regarding 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. | |
Inventories | |
Inventories are stated at the lower of cost or market. Cost is determined on a first-in, first-out (FIFO) basis and market is determined on the basis of replacement cost or net realizable value. | |
Principles of Consolidation | |
The accompanying consolidated financials include the accounts of the Company and its subsidiaries from its inception. All significant intercompany accounts and balances have been eliminated in consolidation. | |
Revenue Recognition | |
Revenue is recognized upon the completion of the sales and shipment of the product. The product is sold via the internet and is delivered to customers or to wholesale resellers using a ground courier service. | |
Sales Taxes | |
The State of Florida imposes a sales tax ranging from 6.0% to 7.5% on all of the Company’s sales delivered within the State. The Company collects that sales tax from customers and remits the entire amount to the State. The Company’s accounting policy is to exclude the tax collected and remitted to the State from revenue and cost of sales. | |
Shipping and Handling Costs | |
The Company classifies freight billed to customers as sales revenue and related freight costs as cost of sales. | |
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 March 31, 2014 and 2013, there were no common stock equivalents outstanding. | |
Recent Accounting Pronouncements | |
The Company does not expect that the adoption of recent accounting pronouncements will have a material impact on its financial statements. |
Note_3_Property_and_Equipment
Note 3 - Property and Equipment | 3 Months Ended | ||
Mar. 31, 2014 | |||
Notes | ' | ||
Note 3 - Property and Equipment | ' | ||
Note 3 - Property and Equipment | |||
On December 26, 2013, the Company acquired two adjacent parcels of land located in Wildwood, Florida totaling approximately .90 acres. The property includes a 1,400 square foot corporate office building and an additional parcel of land that includes a mobile home. The real estate and improvements located on it were acquired from TD Bank, N.A., an unrelated party, for a purchase price of $47,500 plus customary closing cost. The Company paid the purchase price in cash at closing. | |||
Property and equipment are stated at cost and consist of the following categories as of March 31, 2014 and December 31, 2013: | |||
31-Mar-14 | December 31, 2013 | ||
Land | 5,651 | 5,651 | |
Construction in Progress | 33,570 | ||
Machinery & Equipment | 14,380 | 14,380 | |
Buildings & Improvements | 127,336 | 43,677 | |
Total Property & Equipment | 180,937 | 63,708 | |
Less: Accumulated Depreciation & Amortization | -5,361 | -3,645 | |
Net Property and Equipment | 175,576 | 60,063 |
Note_4_Stockholders_Equity
Note 4 - Stockholders' Equity | 3 Months Ended |
Mar. 31, 2014 | |
Notes | ' |
Note 4 - Stockholders' Equity | ' |
Note 4 - Stockholders’ Equity | |
The company has authorized 320,000,000 shares, of which 300,000,000 are Common Stock, par value $0.001 per share with 8,006,375 shares of Common Stock issued and outstanding and 20,000,000 shares of Preferred Stock, par value $.001 per share, with 1,000,000 shares designated as Series A Preferred Stock, $.001 par value with 10,000 shares of Series A Preferred issued and outstanding at March 31, 2014. During the three months ended March 31, 2014, the Company issued 37,500 shares of its unregistered Common Stock to two shareholders at a price of $0.32 per share for an aggregate of $12,000 in proceeds to the Company. During the three months ended March 31, 2014, the Company issued 10,000 shares of its unregistered Preferred Stock to two executive officers at a price of $0.10 per share for an aggregate of $1,000 in proceeds to the Company. |
Note_5_Significant_Transaction
Note 5 - Significant Transactions With Related Parties | 3 Months Ended |
Mar. 31, 2014 | |
Notes | ' |
Note 5 - Significant Transactions With Related Parties | ' |
Note 5 - Significant Transactions with Related Parties | |
Pursuant to the terms of a Share Purchase Agreement dated September 25, 2013 (the “Share Purchase Agreement”), Alewine Limited Liability Company (“Alewine”), an entity owned and controlled by George Norman, III, a director of our company, 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. | |
On September 26, 2013, the Company sold 5,000,000 of its unregistered common stock to Kent Campbell, its Chief Executive Officer and a Director for a purchase price of $0.32 per share for a total of $1,600,000. | |
On October 15, 2013, the Company sold to: (i) Sarah Campbell, its Chief Administrative Officer, 100,000 shares of its unregistered common stock for a purchase price of $0.32 per share for a total of $32,000, and (ii) Thomas G. Campbell, family member, 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 March 17, 2014, the Company sold to: (i) Kent Campbell, its Chief Executive Officer, 6,000 shares of its unregistered preferred stock for a purchase price of $0.10 per share for a total of $600, and (ii) Denis Espinoza, its Chief Operations Officer, 4,000 shares of its unregistered preferred stock for a purchase price of $0.10 per share for a total of $400. |
Note_6_Commitments_and_Conting
Note 6 - Commitments and Contingencies | 3 Months Ended |
Mar. 31, 2014 | |
Notes | ' |
Note 6 - Commitments and Contingencies | ' |
Note 6 - Commitments and Contingencies | |
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. The Company has terminated this lease effective April 15, 2014 and will move its product assembly, shipping operations and executive offices to its recently acquired Wildwood, Florida property. |
Note_2_Summary_of_Significant_1
Note 2 - Summary of Significant Accounting Policies: Use of Estimates (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Use of Estimates | ' |
Use of Estimates | |
We use estimates and assumptions in preparing financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates. |
Note_2_Summary_of_Significant_2
Note 2 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Fair Value of Financial Instruments | ' |
Fair Value of Financial Instruments | |
The fair value of a financial instrument represents the amount at which the instrument could be exchanged in a current transaction between willing parties, other than a forced sale or liquidation. Significant differences can arise between the fair value and carrying amount of financial instruments that are recognized at historical cost amounts. The carrying value of the company’s financial assets and liabilities approximate the fair value of the short maturity of those instruments. |
Note_2_Summary_of_Significant_3
Note 2 - Summary of Significant Accounting Policies: Accounting Method (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Accounting Method | ' |
Accounting Method | |
The Company recognizes income and expenses based on the accrual method of accounting. |
Note_2_Summary_of_Significant_4
Note 2 - Summary of Significant Accounting Policies: Accounts Receivable (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Accounts Receivable | ' |
Accounts Receivable | |
Accounts receivable are recorded when invoices are issued and the amount management expects to collect is reported on the balance sheet. Accounts receivable are written off when they are determined to be uncollectible. The allowance for doubtful accounts is estimated based on the Company’s historical losses, the existing economic condition in the industry, and the financial stability of its customers. |
Note_2_Summary_of_Significant_5
Note 2 - Summary of Significant Accounting Policies: Advertising (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Advertising | ' |
Advertising | |
The Company expenses all advertising costs as they are incurred. |
Note_2_Summary_of_Significant_6
Note 2 - Summary of Significant Accounting Policies: Amortization (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Amortization | ' |
Amortization | |
Amortization is provided based on the straight line method over estimated useful life. |
Note_2_Summary_of_Significant_7
Note 2 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Cash and Cash Equivalents | ' |
Cash and Cash Equivalents | |
Cash and cash equivalents are defined as demand deposits, money market accounts and overnight investments at banks. Cash is maintained in banks insured by the FDIC for an aggregate of up to $250,000. The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. |
Note_2_Summary_of_Significant_8
Note 2 - Summary of Significant Accounting Policies: Comprehensive Income (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Comprehensive Income | ' |
Comprehensive Income | |
Statement of Financial Accounting Standards No. 130, Reporting Comprehensive Income (SFAS 130), required that total comprehensive income be reported on the financial statements. The Company has no additional components of Comprehensive Income required for disclosure which are not properly reflected on the Income Statement and Statement of Retained Earnings. |
Note_2_Summary_of_Significant_9
Note 2 - Summary of Significant Accounting Policies: Concentrations of Risk (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Concentrations of Risk | ' |
Concentrations of Risk | |
Financial Instruments which potentially subject the Company to concentrations of risk consist primarily of cash and cash equivalents. The Company places its cash and cash equivalents with major financial institutions. At March 31, 2014, the Company has $835,102 in excess of federally insured limits. |
Recovered_Sheet1
Note 2 - Summary of Significant Accounting Policies: Depreciation (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Depreciation | ' |
Depreciation | |
Depreciation is provided based on the straight line method. The annual depreciation rates are based on useful lives ranging from five to forty years. |
Recovered_Sheet2
Note 2 - Summary of Significant Accounting Policies: Dividend Policy (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Dividend Policy | ' |
Dividend Policy | |
The Company has not yet adopted a policy regarding dividends. |
Recovered_Sheet3
Note 2 - Summary of Significant Accounting Policies: Income Taxes (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
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. |
Recovered_Sheet4
Note 2 - Summary of Significant Accounting Policies: Inventories (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Inventories | ' |
Inventories | |
Inventories are stated at the lower of cost or market. Cost is determined on a first-in, first-out (FIFO) basis and market is determined on the basis of replacement cost or net realizable value. |
Recovered_Sheet5
Note 2 - Summary of Significant Accounting Policies: Principles of Consolidation Policy (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Principles of Consolidation Policy | ' |
Principles of Consolidation | |
The accompanying consolidated financials include the accounts of the Company and its subsidiaries from its inception. All significant intercompany accounts and balances have been eliminated in consolidation. |
Recovered_Sheet6
Note 2 - Summary of Significant Accounting Policies: Revenue Recognition Policy (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Revenue Recognition Policy | ' |
Revenue Recognition | |
Revenue is recognized upon the completion of the sales and shipment of the product. The product is sold via the internet and is delivered to customers or to wholesale resellers using a ground courier service. |
Recovered_Sheet7
Note 2 - Summary of Significant Accounting Policies: Shipping and Handling Costs (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Policies | ' |
Shipping and Handling Costs | ' |
Shipping and Handling Costs | |
The Company classifies freight billed to customers as sales revenue and related freight costs as cost of sales. |
Recovered_Sheet8
Note 2 - Summary of Significant Accounting Policies: Basic and Diluted Net Income (loss) Per Share Policy (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
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 March 31, 2014 and 2013, there were no common stock equivalents outstanding. |
Recovered_Sheet9
Note 2 - Summary of Significant Accounting Policies: Recent Accounting Pronouncements Policy (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
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. |
Note_3_Property_and_Equipment_
Note 3 - Property and Equipment: Property, Plant and Equipment (Tables) | 3 Months Ended | ||
Mar. 31, 2014 | |||
Tables/Schedules | ' | ||
Property, Plant and Equipment | ' | ||
31-Mar-14 | December 31, 2013 | ||
Land | 5,651 | 5,651 | |
Construction in Progress | 33,570 | ||
Machinery & Equipment | 14,380 | 14,380 | |
Buildings & Improvements | 127,336 | 43,677 | |
Total Property & Equipment | 180,937 | 63,708 | |
Less: Accumulated Depreciation & Amortization | -5,361 | -3,645 | |
Net Property and Equipment | 175,576 | 60,063 |
Note_1_Organization_and_Basis_1
Note 1 - Organization and Basis of Presentation (Details) | 3 Months Ended |
Mar. 31, 2014 | |
Details | ' |
Entity Incorporation, State Country Name | 'Nevada |
Entity Incorporation, Date of Incorporation | 30-Dec-99 |
Recovered_Sheet10
Note 2 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Details) (USD $) | Mar. 31, 2014 |
Details | ' |
Cash, FDIC Insured Amount | $250,000 |
Recovered_Sheet11
Note 2 - Summary of Significant Accounting Policies: Concentrations of Risk (Details) (USD $) | Mar. 31, 2014 |
Details | ' |
Cash in Excess of Federally Insured Limits | $835,102 |
Recovered_Sheet12
Note 2 - Summary of Significant Accounting Policies (Details) | 3 Months Ended |
Mar. 31, 2014 | |
Minimum | ' |
State of Florida Sales Tax | 6.00% |
Maximum | ' |
State of Florida Sales Tax | 7.50% |
Note_3_Property_and_Equipment_1
Note 3 - Property and Equipment (Details) (USD $) | 3 Months Ended |
Dec. 31, 2013 | |
Details | ' |
Real Estate Owned, Nature and Origin | 'two adjacent parcels of land located in Wildwood, Florida totaling approximately .90 acres. The property includes a 1,400 square foot corporate office building and an additional parcel of land that includes a mobile home |
Payments to Acquire Other Real Estate | $47,500 |
Note_3_Property_and_Equipment_2
Note 3 - Property and Equipment: Property, Plant and Equipment (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Details | ' | ' |
Land | $5,651 | $5,651 |
Construction in Progress | 33,570 | ' |
Machinery and Equipment, Gross | 14,380 | 14,380 |
Buildings and Improvements, Gross | 127,336 | 43,677 |
Property, Plant and Equipment, Gross | 180,937 | 63,708 |
Less Accumulated Depreciation | -5,361 | -3,645 |
Net Property and Equipment | $175,576 | $60,063 |
Note_4_Stockholders_Equity_Det
Note 4 - Stockholders' Equity (Details) (USD $) | 3 Months Ended | |
Mar. 31, 2014 | Dec. 31, 2013 | |
Details | ' | ' |
Common stock shares authorized | 300,000,000 | 300,000,000 |
Preferred stock shares authorized | 20,000,000 | 20,000,000 |
Issuance of common shares for cash | 37,500 | ' |
Issuance of common shares for cash - price per share | $0.32 | ' |
Aggregate Proceeds from Issuance of Common Stock | $12,000 | ' |
Issuance of preferred shares for cash | 10,000 | ' |
Issuance of preferred shares for cash - price per share | $0.10 | ' |
Aggregate Proceeds from Issuance of Preferred Stock | $1,000 | ' |
Note_5_Significant_Transaction1
Note 5 - Significant Transactions With Related Parties (Details) (USD $) | 3 Months Ended | 203 Months Ended | 1 Months Ended | 1 Months Ended | 1 Months Ended | 3 Months Ended | 3 Months Ended | |||||||||
Dec. 31, 2013 | Mar. 31, 2013 | Mar. 31, 2014 | Sep. 25, 2013 | Oct. 31, 2013 | Oct. 15, 2013 | Oct. 31, 2013 | Oct. 15, 2013 | Sep. 30, 2013 | Mar. 31, 2014 | Mar. 17, 2014 | Sep. 26, 2013 | Sep. 25, 2013 | Mar. 31, 2014 | Mar. 17, 2014 | Sep. 25, 2013 | |
Sarah Campbell | Sarah Campbell | Thomas G Campbell | Thomas G Campbell | Kent Campbell | Kent Campbell | Kent Campbell | Kent Campbell | Kent Campbell | Denis Espinoza | Denis Espinoza | Denis Espinoza | |||||
Sale of Common Stock in a Private Transaction | ' | ' | ' | $1,788,475 | ' | ' | ' | ' | ' | ' | ' | ' | $1,466,225 | ' | ' | $322,250 |
Payment to Related Party | 77,992 | 960 | 88,911 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest Expense, Related Party | 3,637 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Sale of Stock, Number of Shares Issued in Transaction | ' | ' | ' | ' | 100,000 | ' | 150,000 | ' | 5,000,000 | 6,000 | ' | ' | ' | 4,000 | ' | ' |
Sale of Stock, Price Per Share | ' | ' | ' | ' | ' | $0.32 | ' | $0.32 | ' | ' | $0.10 | $0.32 | ' | ' | $0.10 | ' |
Sale of Stock, Consideration Received on Transaction | ' | ' | ' | ' | $32,000 | ' | $48,000 | ' | $1,600,000 | $600 | ' | ' | ' | $400 | ' | ' |
Note_6_Commitments_and_Conting1
Note 6 - Commitments and Contingencies (Details) (USD $) | 6 Months Ended | |
Oct. 16, 2014 | Apr. 16, 2014 | |
Details | ' | ' |
Operating Leases, Rent Expense, Minimum Rentals | $1,065 | $960 |