Document_and_Entity_Informatio
Document and Entity Information | 6 Months Ended | |
Aug. 31, 2014 | Jul. 07, 2014 | |
Document and Entity Information [Abstract] | ' | ' |
Entity Registrant Name | 'CALA ENERGY CORP. | ' |
Entity Central Index Key | '0001407704 | ' |
Amendment Flag | 'false | ' |
Current Fiscal Year End Date | '--02-28 | ' |
Document Type | '10-Q | ' |
Document Period End Date | 31-Aug-14 | ' |
Document Fiscal Period Focus | 'Q2 | ' |
Document Fiscal Year Focus | '2015 | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Common Stock, Shares Outstanding | ' | 339,757,357 |
Condensed_Consolidated_Balance
Condensed Consolidated Balance Sheets (USD $) | Aug. 31, 2014 | Feb. 28, 2014 |
Current assets | ' | ' |
Cash | $3,287 | $35,607 |
Total current assets | 3,287 | 35,607 |
Total assets | 3,287 | 35,607 |
Current liabilities | ' | ' |
Other current liabilities | 270,100 | 215,400 |
Total current liabilities | 270,100 | 215,400 |
Total liabilities | 270,100 | 215,400 |
Stockholders' deficit | ' | ' |
Series A convertible preferred stock, par value $0.001 per share, 10,000,000 shares authorized; 0 share issued and outstanding, | ' | ' |
Common stock ( 400,000,000 authorized shares, par value $0.001 per share; 339,757,357 shares issued and outstanding) | 339,757 | 339,757 |
Additional paid in capital | 8,182,945 | 8,182,945 |
Accumulated deficit | -8,789,515 | -8,702,495 |
Total stockholders' deficit | -266,813 | -179,793 |
Total liabilities and stockholders' deficit | $3,287 | $35,607 |
Condensed_Consolidated_Balance1
Condensed Consolidated Balance Sheets (Parenthetical) (USD $) | Aug. 31, 2014 | Feb. 28, 2014 |
Balance Sheets [Abstract] | ' | ' |
Preferred stock, par value | $0.00 | $0.00 |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 |
Preferred Stock, Shares Issued | 0 | 0 |
Preferred Stock, Shares Outstanding | 0 | 0 |
Common stock, par value | $0.00 | $0.00 |
Common stock, shares authorized | 400,000,000 | 400,000,000 |
Common stock, shares issued | 339,757,357 | 339,757,357 |
Common stock, shares outstanding | 339,757,357 | 339,757,357 |
Condensed_Statements_of_Operat
Condensed Statements of Operations and Other Comprehensive Loss (Unaudited) (USD $) | 3 Months Ended | 6 Months Ended | ||
Aug. 31, 2014 | Aug. 31, 2013 | Aug. 31, 2014 | Aug. 31, 2013 | |
Statements of Operations and Other Comprehensive Loss [Abstract] | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' |
Selling, general and administrative expenses | 38,788 | 47,839 | 87,020 | 134,076 |
Loss from operations | -38,788 | -47,839 | -87,020 | -134,076 |
Net Loss | -38,788 | -47,839 | -87,020 | -134,076 |
Comprehensive loss | ($38,788) | ($47,839) | ($87,020) | ($134,076) |
Net loss per share | ' | ' | ' | ' |
Net loss per share from continuing operations | $0 | $0 | $0 | $0 |
Basic and Diluted loss per share | $0 | $0 | $0 | $0 |
Weighted average common shares outstanding | ' | ' | ' | ' |
- Basic and Diluted | 339,757,357 | 319,539,966 | 339,757,357 | 257,148,661 |
Condensed_Consolidated_Stateme
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $) | 6 Months Ended | |
Aug. 31, 2014 | Aug. 31, 2013 | |
Cash Flows from operating activities: | ' | ' |
Net loss | ($87,020) | ($134,076) |
Increase in liabilities: | ' | ' |
Other current liabilities | 54,700 | 57,460 |
Net cash used in operating activities | -32,320 | -76,616 |
Cash flows from financing activities: | ' | ' |
Repayment of related parties | ' | -125,100 |
Proceeds from issuance of common stock | ' | 200,000 |
Net cash provided by financing activities | ' | 74,900 |
Net decrease in cash and cash equivalents | -32,320 | -1,716 |
Cash, beginning of the period | 35,607 | 5,960 |
Cash, end of the period | 3,287 | 4,244 |
Supplemental disclosures of cash flow information: | ' | ' |
Interest paid | ' | ' |
Income taxes paid | ' | ' |
Supplemental disclosures of cash flow for non-cash transaction: | ' | ' |
Issuances of common stock upon conversion of preferred stock | ' | $100,000 |
Nature_of_Operations_and_Basis
Nature of Operations and Basis of Presentation | 6 Months Ended |
Aug. 31, 2014 | |
Nature of Operations and Basis of Presentation [Abstract] | ' |
NATURE OF OPERATIONS AND BASIS OF PRESENTATION | ' |
NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION | |
Cala Energy Corp. (the “Company”) is a Nevada corporation incorporated on November 29, 2006 under the name Sparking Events, Inc. The Company has experienced several corporate name changes: Xodtec Group USA, Inc. in June 2009, Xodtec LED, Inc. in May 2010 and Cala Energy Corp. in September 2013. | |
On July 10, 2013, the Company formed Cala Energy International Corp. (the “Subsidiary”), a wholly-owned subsidiary, under the laws of the Nevada. The Subsidiary’s charter has been revoked. | |
During September 2013, the Company approved on creating an Indonesian subsidiary under the laws of Republic of Indonesia in which the Company will have a 95% interest. As of August 31, 2014, the Company had abandoned the application submitted to Indonesian government due to inactivity and unusual length in application process time. |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 6 Months Ended |
Aug. 31, 2014 | |
Summary of Significant Accounting Policies [Abstract] | ' |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ' |
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
Basis of Presentation | |
The accompanying unaudited interim condensed financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and are presented in accordance with the requirements of Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, these iterim financial statements do not include all of the information and notes required by GAAP for complete financial statements. These interim financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the fiscal year ended February 28, 2014 included in the Company’s Form 10-K. In the opinion of management, the interim financial statements included herein contain all adjustments, including normal recurring adjustments considered necessary to present fairly the Company’s financial position, the results of operations and cash flows for the periods presented. The operating results and cash flows for the interim periods presented herein are not necessarily indicative of the results to be expected for any other interim period or the full year. | |
The accompanying financial statements have been prepared on a going concern basis which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the unaudited condensed financial statements, during the six months ended August 31, 2014, the Company generated no revenue and incurred an operating loss and a net loss of approximately 87,000. The Company had a negative cash flow in operating activities amounted to approximately $32,000 for the six months ended August 31, 2014, and as of August 31, 2014, the Company’s accumulated deficit was approximately $8,790,000, substantially all of which was generated by operations which were spun off. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. | |
Use of Estimates | |
The preparation of financial statements in conformity with GAAP 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 amount of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. However, actual results could differ materially from those results. | |
Segment Information | |
ASC 280 requires companies to report information about operating segment in interim and annual financial statements. It also requires segment disclosures about products and services geographic and major customers. The Company has determined that it does not have any separately reportable operating segments. | |
Net Loss per Share | |
The Company calculates its basic and diluted earnings per share in accordance with ASC 260. Basic earnings per share are calculated by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share are calculated by adjusting the weighted average outstanding shares to assume conversion of all potentially dilutive warrants and options and convertible securities. Because the Company incurred losses for the six months ended August 31, 2014, the number of basic and diluted shares of common stock is the same. | |
Recent_Accounting_Pronouncemen
Recent Accounting Pronouncements | 6 Months Ended |
Aug. 31, 2014 | |
Recent Accounting Pronouncements [Abstract] | ' |
RECENT ACCOUNTING PRONOUNCEMENTS | ' |
NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS | |
The Company has considered all new accounting pronouncements and has concluded that there are no new pronouncements that may have a material impact on results of operations, financial condition, or cash flows, based on current information. | |
Income_Taxes
Income Taxes | 6 Months Ended |
Aug. 31, 2014 | |
Income Taxes [Abstract] | ' |
INCOME TAXES | ' |
NOTE 4 – INCOME TAXES | |
The Company did not provide any current or deferred U.S. federal income tax provision or benefit for any of the periods presented because the Company has experienced operating losses for U.S. federal income tax purposes since inception. When it is more likely than not that a tax asset cannot be realized through future income the Company must allow for this future tax benefit. |
Summary_of_Significant_Account1
Summary of Significant Accounting Policies (Policies) | 6 Months Ended |
Aug. 31, 2014 | |
Summary of Significant Accounting Policies [Abstract] | ' |
Basis of Presentation | ' |
Basis of Presentation | |
The accompanying unaudited interim condensed financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and are presented in accordance with the requirements of Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, these iterim financial statements do not include all of the information and notes required by GAAP for complete financial statements. These interim financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the fiscal year ended February 28, 2014 included in the Company’s Form 10-K. In the opinion of management, the interim financial statements included herein contain all adjustments, including normal recurring adjustments considered necessary to present fairly the Company’s financial position, the results of operations and cash flows for the periods presented. The operating results and cash flows for the interim periods presented herein are not necessarily indicative of the results to be expected for any other interim period or the full year. | |
The accompanying financial statements have been prepared on a going concern basis which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the unaudited condensed financial statements, during the six months ended August 31, 2014, the Company generated no revenue and incurred an operating loss and a net loss of approximately 87,000. The Company had a negative cash flow in operating activities amounted to approximately $32,000 for the six months ended August 31, 2014, and as of August 31, 2014, the Company’s accumulated deficit was approximately $8,790,000, substantially all of which was generated by operations which were spun off. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. | |
Use of Estimates | ' |
Use of Estimates | |
The preparation of financial statements in conformity with GAAP 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 amount of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. However, actual results could differ materially from those results. | |
Segment Information | ' |
Segment Information | |
ASC 280 requires companies to report information about operating segment in interim and annual financial statements. It also requires segment disclosures about products and services geographic and major customers. The Company has determined that it does not have any separately reportable operating segments. | |
Net Loss per Share | ' |
Net Loss per Share | |
The Company calculates its basic and diluted earnings per share in accordance with ASC 260. Basic earnings per share are calculated by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share are calculated by adjusting the weighted average outstanding shares to assume conversion of all potentially dilutive warrants and options and convertible securities. Because the Company incurred losses for the six months ended August 31, 2014, the number of basic and diluted shares of common stock is the same. | |
Nature_of_Operations_and_Basis1
Nature of Operations and Basis of Presentation (Details) (Cala Energy International Corp [Member]) | 1 Months Ended |
Sep. 30, 2013 | |
Cala Energy International Corp [Member] | ' |
Nature of Operations and Basis of Presentation (Textual) | ' |
Owned percentage in subsidiary | 95.00% |
Summary_of_Significant_Account2
Summary of Significant Accounting Policies (Details) (USD $) | 3 Months Ended | 6 Months Ended | |||
Aug. 31, 2014 | Aug. 31, 2013 | Aug. 31, 2014 | Aug. 31, 2013 | Feb. 28, 2014 | |
Summary of Significant Accounting Policies (Textual) | ' | ' | ' | ' | ' |
Net loss | ($38,788) | ($47,839) | ($87,020) | ($134,076) | ' |
Net cash used in operating activities | ' | ' | -32,320 | -76,616 | ' |
Accumulated deficit | ($8,789,515) | ' | ($8,789,515) | ' | ($8,702,495) |