Falconridge Oil Technologies (FROT) 10-Q 21 Jan 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Nov. 30, 2015	Jan. 18, 2016
Document and Entity Information:
Entity Registrant Name	Falconridge Oil Technologies Corp.
Entity Trading Symbol	frot
Document Type	10-Q
Document Period End Date	Nov. 30, 2015
Amendment Flag	false
Entity Central Index Key	1,401,859
Current Fiscal Year End Date	--02-28
Entity Common Stock, Shares Outstanding		622,354,667
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

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Nov. 30, 2015	Feb. 28, 2015
Current Assets
Cash	$ 84,415	$ 211,743
Accounts receivable	7,597	2,714
Prepaid and other current assets	16,000	23,616
Deferred finance costs, net of accumulated amortization of $76,800 and $0 respectively	25,674	95,974
Total current assets	133,686	344,047
Property & equipment net of accumulated depreciation of $4,101 and $3,436 respectively	1,756	2,809
Oil and gas properties net of accumulated depletion of $31,383 and $30,712 respectively	65,288	72,322
Total assets	200,730	419,178
Current Liabilities
Accounts payable	145,578	147,389
Accounts payable related parties	118,322	133,421
Accrued liabilities	43,093	52,948
Loans payable - related parties	1,098,337	1,170,275
Derivative liability	132,319	369,344
Loan payable	70,000	70,000
Convertible notes payable, net of debt discount of $359,656 and $335,076 respectively	128,993	38,674
Total current liabilities	1,736,642	1,982,051
Total liabilities	1,736,642	1,982,051
STOCKHOLDERS' DEFICIT
Preferred stock $0.001 par value, 450,000,000 shares authorized; 7,345,000 and 0 shares issued and outstanding as of November 30, 2015 and February 28, 2015	7,415	0
Common stock, $.001 par value, 4,000,000,000 shares authorized; and 540,465,372 shares issued and outstanding as of November 30, 2015 and 49,130,616 as of February 28, 2015	205,729	49,131
Additional paid in capital	1,047,952	320,969
Accumulated Deficit	(3,139,141)	(2,166,283)
Accumulated other comprehensive income	342,133	233,310
Total stockholders' deficit	(1,535,912)	(1,562,873)
Total liabilities and stockholders' deficit	$ 200,730	$ 419,178

Consolidated Balance Sheets Par

Consolidated Balance Sheets Parentheticals - USD ($)	Nov. 30, 2015	Feb. 28, 2015
Parentheticals
Deferred finance costs, net of accumulated amortization	$ 76,800	$ 0
Property & equipment accumulated depreciation	4,101	3,436
Oil and gas properties accumulated depreciation	31,383	30,712
Convertible notes payable, net of debt discount	$ 359,656	$ 335,076
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	450,000,000	450,000,000
Preferred Stock, shares issued	7,345,000	0
Preferred Stock, shares outstanding	7,345,000	0
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	4,000,000,000	4,000,000,000
Common Stock, shares issued	540,465,372	49,130,616
Common Stock, shares outstanding	540,465,372	49,130,616

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014
Revenues {1}
Oil & gas revenue	$ 2,401	$ 2,990	$ 7,612	$ 10,810
Expenses
General and administrative	634,256	186,682	927,571	299,746
Depreciation, amortization and depletion	1,236	2,291	4,512	7,773
Total operating expense	635,492	188,973	932,083	307,519
Operating loss	(633,091)	(185,983)	(924,471)	(296,709)
Other income (expense)
Interest expense	(115,034)	(3,019)	(215,834)	(7,019)
Amortization of deferred finance costs	(25,600)	0	(76,800)	0
Change in fair value of derivative liability	79,519	0	244,247	0
Total nonoperating income	(61,115)	(3,019)	(48,387)	(7,019)
Net Loss.	$ (694,206)	$ (189,002)	$ (972,858)	$ (303,728)
Loss per common share - Basic and diluted	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)
Weighted average number of common shares outstanding	127,485,808	49,016,667	127,485,808	49,016,667
Comprehensive income (loss)
Net Loss	$ (694,206)	$ (189,002)	$ (972,858)	$ (303,728)
Currency translation adjustment	(10,372)	0	108,823	0
Total comprehensive income (loss)	$ (704,578)	$ (189,002)	$ (864,035)	$ (303,728)

Consolidated Statement of Stock

Consolidated Statement of Stockholders Deficit - 9 months ended Nov. 30, 2015 - USD ($)	Preferred Shares	Preferred Amount	Common Shares	Common Stock Amount	Additional Paid in Capital	Total Accumulated Deficit	Accumulated Comprehensive Income (loss)	Stockholders' Deficit
Balances at Feb. 28, 2015			49,130,616	49,131	320,969	(2,166,283)	233,310	(1,562,873)
Common stock issued			491,334,756	156,598	189,163			345,761
Preferred stock issued	7,345,000	7,415			537,820			545,235
Currency translation adjustment							$ 108,823	$ 108,823
Net loss						$ (972,858)		$ (972,858)
Balances at Nov. 30, 2015	7,345,000	7,415	540,465,372	205,729	1,047,952	(3,139,141)	342,133	(1,535,912)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014
Cash flows from operating activities
Net Loss	$ (972,858)	$ (303,728)
Adjustment to reconcile net loss to net cash used in operations
Non-cash interest	215,834	0
Depreciation, amortization and depletion	4,512	7,773
Stock based compensation	611,900	0
Amortization of deferred finance costs	76,800	0
Change in fair value of derivative liability	(244,247)	0
Changes in working capital
Accounts receivable	(4,883)	6,881
Accounts payable and accrued liabilities	40,942	278,592
Prepaid and other current assets	14,118	0
Accounts payable - related parties	(15,099)	0
Net cash used in operating activities	(272,981)	(10,482)
Investment in oil and gas property	0	(18,304)
Net cash used in investing activities	0	(18,304)
Cash flows from financing activities
Proceeds from Convertible notes payable	100,000	0
Advances from related party	23,693	23,677
Financing fees paid	(6,500)	0
Net cash provided by financing activities	93,500	23,677
Effect of foreign currency on cash	18,460	0
Net decrease change in cash	(137,328)	(5,109)
Cash, beginning of period	221,743	26,797
Cash, end of period	84,415	21,688
Supplemental disclosure of cash flow information:
Cash paid during the year for income taxes	0	0
Cash paid during the year for interest	0	0
Non-cash investing and financing disclosures:
Convertible debt repaid with common shares	99,095	0
Addition of derivative liability/debt discount	$ 100,000	$ 0

Incorporation and nature of ope

Incorporation and nature of operations	9 Months Ended
	Nov. 30, 2015
Incorporation and nature of operations
Incorporation and nature of operations	1. Incorporation and nature of operations Falconridge Oil Technologies Corp. (“the Company”) was incorporated on May 30, 2007 under the name Ameriwest Minerals Corp. on December 23, 2010, the Company changed its name to Ameriwest Petroleum Corp. by way of a merger with its wholly-owned subsidiary, Ameriwest Petroleum Corp., which was formed solely for the change of name. Effective July 2, 2013, in accordance with approval from the Financial Industry Regulatory Authority ("FINRA"), the Company changed its name from "Ameriwest Petroleum Corp." to "Falconridge Oil Technologies Corp." by way of a merger with its wholly-owned subsidiary Falconridge Oil Technologies Corp., which was formed solely for the change of name. The name change became effective with the OTCBB at the opening of trading on July 2, 2013 under the symbol "FROT". On July 2, 2103, the Company's stock symbol changed from "AWSS" to "FROT" to better reflect the new name of the Company. The Company is an oil and gas technology company that specializes in identifying and accessing additional petroleum reserves that are usually left in the ground. The Company's value proposition is extracting new resources from wells that have been assessed as uneconomic. Most of the Company's projects will evolve depleted or low producing assets. Assets are stimulated utilizing Terra Slicing Technology ("TST") for maximum effectiveness and productivity, essentially revitalizing the pre-existing well and establishing a flow rate with a significant percentage of its initial production. Alternatively, TST may be utilized as part of a workover project or procedure.

Summary of significant accounti

Summary of significant accounting policies	9 Months Ended
	Nov. 30, 2015
Summary of significant accounting policies:
Summary of significant accounting policies	2. Summary of significant accounting policies Basis of presentation The accompanying unaudited consolidated financial statements and related notes have been prepared by management in accordance with accounting principles generally accepted in the United States of America and with the rules and regulations of the Securities and Exchange Commission to Form 10-Q and Article 8 of Regulation S-X. These unaudited consolidated interim statements should be read in conjunction with the consolidated financial statements of the Company for the year ended February 28, 2015 and notes thereto contained in the information as part of the Company's Annual Report on Form 10-K filed with the SEC on June 15, 2015. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2015 as reported in the Form 10-K have been omitted. In the opinion of management, the unaudited consolidated interim financial statements furnished reflect all adjustments (consisting of normal recurring adjustments) which are necessary to present fairly the financial position and the results of operations for the interim periods presented herein. Unaudited interim results are not necessarily indicative of the results for the full year, or any other period. Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. The carrying amounts of financial assets and liabilities, such as cash, accounts receivable, accounts payable, and accrued expenses, approximate their fair values because of the short maturity of these instruments. The derivative liabilities are measured at fair value using quoted market prices and estimated volatility factors based on historical quoted market prices for the Company's common stock, and are classified within Level 3 of the valuation hierarchy. The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of November 30, 2015. Level 1 Level 2 Level 3 Derivative liabilities $ - $ - $ 132,319 The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of February 28, 2015. Level 1 Level 2 Level 3 Derivative liabilities $ - $ - $ 369,344 Balance February 28, 2015 38,674 Issued during the period 100,000 Converted during the period (99,085 ) Change in fair value recognized in operations 89,404 Balance November 30, 2015 128,993

Going concern

Going concern	9 Months Ended
	Nov. 30, 2015
Going concern:
Going concern	3. Going concern As shown in the accompanying financial statements, the Company has an accumulated deficit of $3,139,141 since inception, a stockholders' deficit of $1,535,912 at November 30, 2015 and a working capital deficit of $1,602,956. These conditions among others, raise substantial doubt as to the Company's ability to continue as a going concern. In response to these conditions, we may raise additional capital through the sale of equity securities, through an offering of debt securities or through borrowings from financial institutions or individuals. The financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.

Loans Payable - related parties

Loans Payable - related parties	9 Months Ended
	Nov. 30, 2015
Loans Payable - related parties
Loans Payable - related parties	4. Loans Payable - related parties First World Trade Corporation (“FWT”) is a company controlled by a shareholder of the Company. As at November 30 2015 and February 28, 2015, FWT has advanced the Company $1,098,337 and $1,170,275 respectively) to fund operating costs and shared expenses, the loan is non-interest bearing and without specific terms of repayment. As of November 30, 2015 and February 28, 2015, the Company owed accounts payables to related parties of $118,322 and $133,421l respectively.

Convertible notes payable

Convertible notes payable	9 Months Ended
	Nov. 30, 2015
Convertible notes payable
Convertible notes payable	5. Convertible notes payable During the period ended November 30, 2015, the Company issued the following convertible note payable. The Company has determined that it needs to account for the Convertible Note Payable issued as derivative liabilities and apply the provisions of ASC 815. EMA Financial LLC $100,000 bearing interest at 12% per annum and matures April 15, 2016. The note may be prepaid up to 180 days from the date of issue with a prepayment of 135% depending on date of prepayment and is Convertible into common shares at 60% of the lowest trading price for the 20 days prior to giving notice of conversion. The Company received $100,000 on issuance. The Company recorded a debt discount related to the day 1 fair value of the derivative liability of $100,000. The Company recorded amortization of debt discount expense of $75,420 during the period for these notes. A summary of the activity of Convertible Notes payable is shown below. Total convertible notes $ 374,665 Discount on notes (245,672 ) Net convertible notes $ 128,993

Derivative liabilities

Derivative liabilities	9 Months Ended
	Nov. 30, 2015
Derivative liabilities
Derivative liabilities	6. Derivative liabilities The Company has determined that it needs to account for the Convertible Notes Payable issued as derivative liabilities and apply the provisions of ASC 815. The Company records the fair value of the of the conversion price of the convertible notes disclosed in Note 5 in accordance with ASC 815, Derivatives and Hedging. The fair value of the derivative was calculated using a multi-nominal lattice model performed by an independent qualified business valuator. The fair value of the derivative liability is revalued on each balance sheet date with corresponding changes in fair value recorded in the consolidated statement of operations. During the period ended November 30, 2015, the Company recorded a gain on the change in fair value of derivative liability of $52,490 (2014 - $0). At November 30, 2015 the Company recorded a derivative liability of $132,319 (2014 - $0). For the lattice options pricing model that values the compound embedded derivatives based on a probability weighted discounted cash flow model. The Convertible Note derivative issued April 16, 2015 was valued as of inception and as of November 30, 2015. The following assumptions were used for the valuation of the derivative liability related to the April 16, 2015 Note: The stock price (decreasing from $1.15 to $0.018 in this period which significantly increased the liability) would fluctuate with the Company’s projected volatility; An event of default for the Convertible Note would occur 0% of the time, increasing 1.00% per month to a maximum of 10%; Alternative financing for the Convertible Note would be initially available to redeem the note 0% of the time and increase monthly by 2% to a maximum of 10%; The monthly trading volume would average $5,399,150 to $599,618 and increase at 1% per month; The variable conversion prices ranging from 60% to 65% of the trading prices over 20 trading days have effective discount rates of 57.15% to 52.70%; The Note Holders would automatically convert the notes with variable conversion prices if the registration was effective and the company not in default; The Company recorded the excess fair value of the derivative liability above the proceeds of $13,814 as interest expense.

Stockholders' equity

Stockholders' equity	9 Months Ended
	Nov. 30, 2015
Stockholders' equity
Stockholders' equity	7. Stockholders' equity Common stock During the period, the Company amended its Articles of Incorporation to increase the authorized number of shares of common stock from 450,000,000 shares of common stock, par value $0.001 to 4,000,000,000 shares of common stock, par value of $0.001 per share. On March 16, 2015, the Company entered into a consulting agreement with Dominic Johnny Calabrigo (“Calabrigo”). Calabrigo is to be compensated with 4,840,000 Common Shares of the Company. The agreement expires on December 25, 2015. On April 10, 2015, the Company issued 2,440,000 common shares, with a fair value of $73,200 and on May 6. 2015 the Company issued 2,400,000 common shares with a fair value of $55,200 to Domenic Calabrigo pursuant to the consulting agreement. As of February 28, 2015, the Company has entered into an agreement with Empire State Financial Inc. (“Empire”) whereupon the Company would compensate Empire for arranging financing for the Company with 27,500 common shares. The fair value of the common shares of $11,000 has been recorded as a stock payable liability as of February 28, 2015. The common shares were issued on March 22, 2015. Two officers of the Company subscribed for a total of 7,680,000 shares of preferred stock at a deemed value of $0.0025 per share. Payment was made by setting off $19,200 against accounts payable due to the officers of the Company. Each share of preferred stock is convertible into 1,000 common shares of the Company's common stock. During the period, the officers converted 335,000 shares of preferred stock into 335,000,000 shares of common stock. The 7,680,000 Series A Preferred Stock issued to management were valued by a third party appraiser based upon industry specific control premiums and the Company’s market cap at the time of the transaction based on the market price, adjusted for the relative debt exchanged for the Series A as well as the conversion value, adjusted for dilutive impact of the Series A and subject to a discount for lack of marketability based upon the shares effective liquidity restrictions. The fair market value of the 7,680,000 shares of Preferred Series A shares issued was $545,500. During the period, the holders of the convertible notes payable converted $99,085 of notes in exchange for 151,467,256 common shares.

Subsequent Events

Subsequent Events	9 Months Ended
	Nov. 30, 2015
Subsequent Events
Subsequent Events	8. Subsequent events Management has evaluated subsequent events through the date these financial statements were available to be issued. Based on this evaluation, no material events have occurred that require recognition or disclosure to the financial statements. In December 2015, the holders of the convertible notes payable converted $4,081 of notes in exchange for 81,889,305 common shares.

Accounting Policies (Policies)

Accounting Policies (Policies)	9 Months Ended
	Nov. 30, 2015
Accounting Policies:
Basis of presentation	Basis of presentation The accompanying unaudited consolidated financial statements and related notes have been prepared by management in accordance with accounting principles generally accepted in the United States of America and with the rules and regulations of the Securities and Exchange Commission to Form 10-Q and Article 8 of Regulation S-X. These unaudited consolidated interim statements should be read in conjunction with the consolidated financial statements of the Company for the year ended February 28, 2015 and notes thereto contained in the information as part of the Company's Annual Report on Form 10-K filed with the SEC on June 15, 2015. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2015 as reported in the Form 10-K have been omitted. In the opinion of management, the unaudited consolidated interim financial statements furnished reflect all adjustments (consisting of normal recurring adjustments) which are necessary to present fairly the financial position and the results of operations for the interim periods presented herein. Unaudited interim results are not necessarily indicative of the results for the full year, or any other period.
Use of estimates	Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Fair value of financial instruments	Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. The carrying amounts of financial assets and liabilities, such as cash, accounts receivable, accounts payable, and accrued expenses, approximate their fair values because of the short maturity of these instruments. The derivative liabilities are measured at fair value using quoted market prices and estimated volatility factors based on historical quoted market prices for the Company's common stock, and are classified within Level 3 of the valuation hierarchy. The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of November 30, 2015. Level 1 Level 2 Level 3 Derivative liabilities $ - $ - $ 132,319 The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of February 28, 2015. Level 1 Level 2 Level 3 Derivative liabilities $ - $ - $ 369,344 Balance February 28, 2015 38,674 Issued during the period 100,000 Converted during the period (99,085 ) Change in fair value recognized in operations 89,404 Balance November 30, 2015 128,993

Fair value of financial instrum

Fair value of financial instruments (Tables)	9 Months Ended
	Nov. 30, 2015
Schedule of fair value measured on a recurring basis
Schedule of fair value measured on a recurring basis	The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of November 30, 2015. Level 1 Level 2 Level 3 Derivative liabilities $ - $ - $ 132,319 The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of February 28, 2015. Level 1 Level 2 Level 3 Derivative liabilities $ - $ - $ 369,344 Balance February 28, 2015 38,674 Issued during the period 100,000 Converted during the period (99,085 ) Change in fair value recognized in operations 89,404 Balance November 30, 2015 128,993

Convertible Notes payable (Tabl

Convertible Notes payable (Tables)	9 Months Ended
	Nov. 30, 2015
Schedule of Convertible Notes Payable
Schedule of Convertible Notes Payable	A summary of the activity of Convertible Notes payable is shown below. Total convertible notes $ 374,665 Discount on notes (245,672 ) Net convertible notes $ 128,993

Assets and liabilities carried

Assets and liabilities carried at fair value measured on a recurring basis (Details) - USD ($)	Nov. 30, 2015	Feb. 28, 2015
Level 1
Level 1 Derivative liabilities	$ 0
Level 2
Level 2 Derivative liabilities	0
Level 3
Level 3 Derivative liability	$ 132,319	$ 369,344

Change In Fair Value Of Assets

Change In Fair Value Of Assets And Liabilities (Details)	Nov. 30, 2015USD ($)
Change In Fair Value Of Assets And Liabilities
Balance at the period	$ 38,674
Issued during the period	100,000
Converted during the period	(99,085)
Change in fair value recognized in operations	89,404
Balance at the period	$ 128,993

Going concern (Details)

Going concern (Details)	Nov. 30, 2015USD ($)
Going concern Details
Accumulated deficit	$ 3,139,141
Stockholders' deficit	1,535,912
Working capital deficit	$ 1,602,956

Loans Payable - related parti21

Loans Payable - related parties (Details) - USD ($)	Nov. 30, 2015	Feb. 28, 2015
Loans Payable - related parties Details
FWT has advanced	$ 1,098,337	$ 1,170,275
Accounts payable related parties	$ 118,322	$ 1,334,211

Convertible Notes Payable (Deta

Convertible Notes Payable (Details)	Nov. 30, 2015USD ($)
Convertible Notes Payable Details
EMA Financial LLC	$ 100,000
EMA Financial LLC bearing interest per annum	12.00%
Note prepaid up to 180 days with a prepayment penalty	135.00%
Note Convertible into common shares of average of the lowest trading prices for 20 days	60.00%
Company received on issuance	$ 100,000
Company recorded a debt discount related to the day 1 fair value of the derivative liability	100,000
Company recorded amortization of debt discount expense	$ 75,420

Summary of Convertible Notes pa

Summary of Convertible Notes payable (Details)	Nov. 30, 2015USD ($)
Summary of Convertible Notes payable
Total convertible notes	$ 374,665
Discount on notes	(245,672)
Net convertible notes	$ 128,993

Derivative Liabilities (Details

Derivative Liabilities (Details) - USD ($)	Nov. 30, 2015	Feb. 28, 2015
Derivative Liabilities Details
Change in fair value of derivative liability	$ 52,490	$ 0
Company recorded a derivative liability	$ 132,319	$ 0
Stock price decreasing from 1.15 to	$ 0.018
Convertible Note would occur of the time	0.00%
Convertible Note increasing 1.00% per month to a maximum	10.00%
Convertible Notes initially available to redeem note of the time	0.00%
Alternative financing for the Convertible Notes increase monthly by 2% to a maximum of	10.00%
Monthly trading volume average 5,399,150 to	$ 599,618
Trading volume increase per month	1.00%
Variable conversion prices ranging from 60% to over 20 trading days	65.00%
Effective discount rates 57.15% to	52.70%
Company recorded the excess fair value of the derivative liability above the proceeds as interest expense	$ 13,814

Common stock (Details)

Common stock (Details) - USD ($)	Nov. 30, 2015	May. 06, 2015	Apr. 10, 2015	Mar. 16, 2015	Feb. 28, 2015
Common stock Details
Authorized shares of common stock before increase	450,000,000
Authorized shares of common stock after increase	4,000,000,000
Per share value of common stock	$ 0.001
Consulting agreement with Dominic Johnny Calabrigo compensated with Common Shares				4,840,000
Issued common shares		2,400,000	2,440,000
Issued common shares fair value		$ 55,200	$ 73,200
Areement with Empire State Financial Inc. compensated with Common Shares					27,500
Stock payable liability					$ 11,000
Company subscribed total shares of preferred stock					7,680,000
Company subscribed total shares of preferred stock per share value					$ 0.0025
Payment made by setting off against accounts payable due to officers					$ 19,200
Each share of preferred stock is convertible into common shares					1,000
Officers converted shares of preferred stock					335,000
Officers converted shares of preferred stock into shares of common stock					335,000,000
Series A Preferred Stock issued to management					7,680,000
Fair market value of Series A Preferred Stock issued					545,500
Convertible notes payable converted notes in exchange for common shares					151,467,256
Convertible notes payable converted notes in exchange for common shares value					99,085

Subsequent Transactions (Detail

Subsequent Transactions (Details)	Dec. 31, 2015shares
Subsequent Transactions
Convertible notes payable converted notes in exchange for common shares	81,889,305
Convertible notes payable converted notes in exchange for common shares value	4,081