Lingerie Fighting Championships (BOTY) 10-Q 14 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 09, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	LINGERIE FIGHTING CHAMPIONSHIPS, INC.
Entity Central Index Key	1,407,704
Trading Symbol	boty
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		24,192,200
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3

BALANCE SHEETS (Unaudited)

BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 50,136	$ 21,683
Total Current Assets	50,136	21,683
Current Liabilities
Accounts payable and accrued liabilities	31,948	37,626
Convertible notes, net of $142,326 and $0 debt discount as of September 30, 2016 and December 31, 2015, respectively	57,174
Promissory notes, net of $0 and $0 debt discount as of September 30, 2016 and December 31, 2015, respectively	157,500
Derivative liability	353,750
Total Current Liabilities	600,372	37,626
STOCKHOLDERS' DEFICIT
Preferred stock, par value $0.001 per share, 10,000,000 shares authorized, no shares issued and outstanding.
Common stock, par value $0.001 per share, 400,000,000 shares authorized, 19,319,977 and 19,769,977 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	19,320	19,770
Additional paid-in capital	92,910	162,536
Accumulated deficit	(662,466)	(198,249)
Total stockholders' deficit	(550,236)	(15,943)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 50,136	$ 21,683

BALANCE SHEETS (Unaudited) (Par

BALANCE SHEETS (Unaudited) (Parentheticals) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Convertible notes, debt discount	$ 142,326	$ 0
Promissory notes, debt discount	$ 0	$ 0
Preferred stock par value (in dollars per share)	$ 0.001	$ 0.001
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 (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	19,319,977	19,769,977
Common stock, shares outstanding	19,319,977	19,769,977

STATEMENTS OF OPERATIONS (Unaud

STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Revenue	$ 14,963	$ 18,642	$ 19,137	$ 18,642
Cost of Services	11,395	30,086	52,469	43,801
GROSS PROFIT (LOSS)	3,568	(11,444)	(33,332)	(25,159)
OPERATING EXPENSES
Selling, general and administrative expenses	85,088	80,595	169,265	126,701
Total Operating Expenses	85,088	80,595	169,265	126,701
OTHER EXPENSE
Interest Expense	47,557		81,620	5,250
Loss on derivative liabilities	127,032		180,000
Total other expenses	174,589		261,620	5,250
OPERATING LOSS	(256,109)	(92,039)	(464,217)	(157,110)
NET LOSS	$ (256,109)	$ (92,039)	$ (464,217)	$ (157,110)
Basic and Diluted Loss per Common Share (in dollars per share)	$ (0.01)	$ 0	$ (0.02)	$ (0.01)
Basic and Diluted Weighted Average Common Shares Outstanding (in shares)	19,124,325	19,769,977	19,768,335	17,048,501

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (464,217)	$ (157,110)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of beneficial conversion feature		5,250
Stock - based compensation	30,000	7,600
Loss on derivative liability	180,000
Amortization of debt discount	64,674
Changes in operating assets and liabilities:
Accounts Receivable		(15,016)
Accounts payable and accrued liabilities	(5,679)	9,684
Net cash used in operating activities	(195,222)	(149,592)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash used in investing activities		2,578
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of notes		(12,000)
Repayment of notes - related party		(24,000)
Proceeds from related party convertible debt		3,850
Proceeds from convertible debt	173,750	1,400
Proceeds from promissory notes	50,000
Proceeds from sale of common stock		200,000
Payment for cancellation of common shares	(75)
Net cash provided by financing activities	223,675	169,250
Net increase (decrease) in cash and cash equivalents	28,453	22,236
Cash and cash equivalents - beginning of period	21,683	3,580
Cash and cash equivalents - end of period	50,136	25,816
Supplemental Cash Flow Disclosures
Cash paid for interest		100
Cash paid for income taxes
NON CASH INVESTING AND FINANCING ACTIVITIES
Issue promissory note for equity purchase agreement	100,000
Debt discount from derivative liability	$ 173,750
Net liabilities assumed in the reverse acquisition		39,522
Common shares issued for conversion of debt		5,250
Discount to debt for beneficial conversion feature		$ 5,250

ORGANIZATION AND NATURE OF BUSI

ORGANIZATION AND NATURE OF BUSINESS	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND NATURE OF BUSINESS	NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS Lingerie Fighting Championships, Inc. (the “Company”) is a Nevada corporation incorporated on November 29, 2006 under the name Sparking Events, Inc. The Company’s corporate name was changed to Xodtec Group USA, Inc. in June 2009, Xodtec LED, Inc. in May 2010, Cala Energy Corp. in September 2013 and Lingerie Fighting Championships, Inc. on April 1, 2015.

BASIS OF PRESENTATION AND ACCOU

BASIS OF PRESENTATION AND ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND ACCOUNTING POLICIES	NOTE 2 – BASIS OF PRESENTATION AND ACCOUNTING POLICIES The accompanying unaudited interim 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 interim 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 financial statements and notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine months ended September 30, 2016 are not necessarily indicative of the results that may be expected any other interim period or for the year ending December 31, 2016. At September 30, 2016 and December 31, 2015, the Company had no subsidiaries. Convertible Instruments and Derivatives The Company evaluates and account for conversion options embedded in convertible instruments in accordance with ASC 815 “Derivatives and Hedging Activities.” Fair Value Measurement The Company adopted the provisions of ASC Topic 820, “Fair Value Measurements and Disclosures,” which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The estimated fair value of certain financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and accrued expenses are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments. The carrying amounts of our short and long term credit obligations approximate fair value because the effective yields on these obligations, which include contractual interest rates taken together with other features such as concurrent issuances of warrants and/or embedded conversion options, are comparable to rates of returns for instruments of similar credit risk. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 – quoted prices in active markets for identical assets or liabilities Level 2 – quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 – inputs that are unobservable (for example cash flow modeling inputs based on assumptions) The derivative liability in connection with the conversion feature of the convertible debt, classified as a level 3 liability, is the only financial liability measured at fair value on a recurring basis. The change in the level 3 financial instrument is as follows: Balance - January 1, 2016 $ - Addition of new derivative as a debt discount 173,750 Day one loss due to derivative 217,637 (Gain) on change in fair value of the derivative (37,637 ) Balance - September 30, 2016 $ 353,750 The following table summarizes fair value measurement by level at September 30, 2016 and December 31, 2015, measured at fair value on a recurring basis: September 30, 2016 Level 1 Level 2 Level 3 Total Assets None - - - - Liabilities Derivative liabilities - - 353,750 353,750 December 31, 2015 Level 1 Level 2 Level 3 Total Assets None - - - - Liabilities Derivative liabilities - - - -

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2016
Going Concern [Abstract]
GOING CONCERN	NOTE 3 – GOING CONCERN The accompanying financial statements have been prepared in conformity with GAAP, which contemplate continuation of the Company as a going concern. The Company has generated nominal revenues since inception, has sustained losses since its organization and requires funding to generate revenue. These conditions raise substantial doubt as to the Company’s ability to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company can give no assurances that it can or will become financially viable and continue as a going concern.

STOCKHOLDERS EQUITY

STOCKHOLDERS EQUITY	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
STOCKHOLDERS EQUITY	NOTE 4 – STOCKHOLDERS EQUITY Preferred Stock The authorized preferred stock consists of 10,000,000 shares with a par value $0.001 per share. The board of directors has broad discretion in setting the rights, preferences and privileges of one or more series of preferred stock. There were no preferred shares issued and outstanding as at September 30, 2016 and December 31, 2015. Common Stock The Company has authorized 400,000,000 shares with a par value $0.001 per share. On November 12, 2015, the Company purchased 750,000 shares of common stock from a consultant for $75. These shares had been issued by LFC pursuant to a founders’ agreement dated July 28, 2014 for $75 and were exchanged for 750,000 shares of common stock pursuant to the Share Exchange Agreement. The founders’ agreement gave the Company the right to repurchase the shares at cost if she ceased to be a consultant during the first year. The Company exercised this right and repurchased the shares. On January 7, 2016, payment had been provided to the consultant and the shares are accounted for as being cancelled as at September 30, 2016. Common Stock Issued for Services On August 10 2016, the Company entered into an agreement for Institutional Funding Services/Public Relation Services. Pursuant to the terms of the agreement, the Company will issue monthly, 150,000 shares of common stock as fair value payment of the monthly retainer fee upon execution of the agreement. As of September 30, 2016 the Company has issued 300,000 shares of common stock for services rendered with a fair value of $30,000 based on the market price.

NOTES PAYABLE

NOTES PAYABLE	9 Months Ended
	Sep. 30, 2016
Notes Payable [Abstract]
NOTES PAYABLE	NOTE 5 – NOTES PAYABLE The Company had the following notes payable as at September 30, 2016 and December 31, 2015: Notes Payable September 30, 2016 December 31, 2015 Promissory Note to Tangiers $ 100,000 $ - Promissory Note to Tangiers 57,500 - Total Notes Payable $ 157,500 $ - Note payable to Tangiers On April 4, 2016, the Company entered into an investment agreement with an unrelated party. Per the investment agreement, the investor will invest up to $5,000,000 to purchase the Company’s common stock, par value of $.001 per share. In connection with the investment agreement, the Company entered into a registration rights agreement with the unrelated party which has been filed with the SEC. The maximum investment amount is equal to one hundred percent of the average of the daily trading volume of the common stock for the ten days prior to the put notice entered into by the unrelated party. The total purchase price to be paid in connection with the put notice, is calculated at eighteen percent discount of the lowest trading price of the common stock during the five consecutive trading days immediately succeeding the put notice date. The Company issued a promissory note to the unrelated party for $100,000, as a commitment fee, which bears interest at 10% of the principle amount and matures seven months from April 4, 2016 with a possible extension to ten months based on whether the Company executes the related investment agreement within 180 days from April 4, 2016. If the registration statement is declared effective within 90 days of the execution of the investment agreement, the Company and the unrelated party agree the principal balance of the note will be immediately reduced by $40,000. The note payable will be available to be converted upon default. Per the agreement, default could occur based on: failure of payment on any outstanding amounts longer than five days after the due date, failure to issue shares after request, or failure to comply with all of the other material provisions included in the agreement. The conversion price is equal to the lower of: (a) 90% of the lowest trading price of the Company’s common stock during the 25 consecutive trading days prior to the date on which the unrelated party elects to convert all or part of the note, or (b) 90% of the lowest trading price of the Company’s common stock during the 25 consecutive trading days prior to the effective date of April 4, 2016. At the election of the unrelated party, at each closing date (as defined in the investment agreement) after the date which is six months after April 4, 2016, the unrelated party shall retain (or the Company shall pay to the unrelated party) an amount equal to ten percent of each Put Amount (as defined in the agreement), and the amounts shall be applied by the unrelated party as follows: first against the amount of any unpaid interest or other fees, and second against any unpaid principal amounts, until all interest, fees, and principal have been paid. For the nine month period ending September 30, 2016, $6,000 has been accrued as interest expense. On April 28, 2016, the Company filed a registration statement with the Securities and Exchange Commission to register 3,500,000 shares of common stock pursuant to the Investment Agreement and the Registration Rights Agreement. On May 24, 2016, the Company received a comment letter from the Securities and Exchange Commission regarding the registration statement. As of September 30, 2016 the Company is currently formulating a response to the comment letter. There can be no assurance that the registration statement will ever become effective and that the Company will ever be able to draw down on the equity line. In addition, since the registration statement will not become effective within 90 days of the date of the Investment Agreement, the Company is not entitled to the $40,000 reduction in principal on the promissory note. As of September 30, 2016 the Company and Tangiers are having ongoing discussions and may seek to amend the terms of the promissory note. Note Payable to Tangiers On April 4, 2016, the Company entered into a separate promissory note of $57,500 with a $7,500 original issue discount to the unrelated party, which bears interest at 10% of the principal amount. The $57,500 promissory note matures six months from the issue date. The note may be prepaid by the company, in whole, or part, as follows: (a) under thirty days, 105% of principal amount, (b) thirty one to sixty days, 110% of principal amount, (c) sixty one to ninety days, 115% of principal amount, (d) ninety one to one hundred and twenty days, 120% of principal amount, (e) one hundred twenty one to one hundred fifty one days, 125% of principal amount, and (f) one hundred and fifty one to one hundred and eighty days, 135% of principal amount. The note payable will be available to be converted upon default. Per the agreement, default could occur based on: failure of payment on any outstanding amounts longer than five days after the due date, failure to issue shares after request, or failure to comply with all of the other material provisions included in the agreement. The conversion price shall be equal to the lower of 50% of the lowest trading price of the Company’s common stock during the 20 consecutive trading days prior to the date on which the unrelated party elects to convert all or part of the note. The discount is being amortized over the life of the note using the effective interest method resulting in $7,500 of interest expense for the nine months September 30, 2016. For the nine month period ending September 30, 2016, $5,750 has been accrued as interest expense.

CONVERTIBLE DEBT

CONVERTIBLE DEBT	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
CONVERTIBLE DEBT	NOTE 6 – CONVERTIBLE DEBT The Company had the following notes payable as at September 30, 2016 and December 31, 2015: Convertible Debt September 30, 2016 December 31, 2015 Convertible Promissory Note to Crown Bridge $ 20,000 $ - Convertible Promissory Notes to Auctus Fund 34,969 - Convertible Promissory Notes to EM Financial 2,205 - - Total Convertible Debt $ 57,174 $ - Promissory Note Payable to Crown Bridge Partners On April 1, 2016, the Company entered into an agreement to issue a convertible promissory note to an unrelated party for an amount of $40,000 with a $6,000 original issue discount. The convertible promissory note bears interest at 10% per annum and matures twelve months from issue date. The conversion price is 55% of the lowest trading price 25 days prior to conversion. The note was discounted for a derivative (see note 7 for details) and the discount is being amortized over the life of the note using the effective interest method resulting in $20,000 of interest expense for the nine months September 30, 2016. For the nine month period ending September 30, 2016, $2,153 has been accrued as interest expense. Promissory Note Payable to Auctus Fund On May 20, 2016, the Company entered into an agreement to issue a convertible promissory note to an unrelated party for an amount of $67,750 with a $7,750 original issue discount. The convertible promissory note bears interest at 10% per annum and matures nine months from issue date. The conversion price is 50% of the lowest trading price 25 days prior to conversion. The note was discounted for a derivative (see note 7 for details) and the discount is being amortized over the life of the note using the effective interest method resulting in $32,896 of interest expense for the nine months September 30, 2016. For the nine month period ending September 30, 2016, $2,646 has been accrued as interest expense. On September 20, 2016, the Company entered into an agreement to issue a convertible promissory note to an unrelated party for an amount of $56,750 with a $6,750 original issue discount. The convertible promissory note bears interest at 10% per annum and matures nine months from issue date. The conversion price is 50% of the lowest trading price 25 days prior to conversion. The note was discounted for a derivative (see note 7 for details) and the discount is being amortized over the life of the note using the effective interest method resulting in $2,073 of interest expense for the nine months September 30, 2016. For the nine month period ending September 30, 2016, $164 has been accrued as interest expense. Promissory Note Payable to EMA Financial On September 7, 2016, the Company entered into an agreement to issue a convertible promissory note to an unrelated party for an amount of $35,000 with a $5,250 original issue discount. The convertible promissory note bears interest at 10% per annum and matures twelve months from issue date. The conversion price is 50% of the lowest trading price 25 days prior to conversion. The note was discounted for a derivative (see note 7 for details) and the discount is being amortized over the life of the note using the effective interest method resulting in $2,205 of interest expense for the nine months September 30, 2016. For the nine month period ending September 30, 2016, $233 has been accrued as interest expense.

DERIVATIVE LIABILITY

DERIVATIVE LIABILITY	9 Months Ended
	Sep. 30, 2016
Derivative Liability [Abstract]
DERIVATIVE LIABILITY	NOTE 7 – DERIVATIVE LIABILITY The Company analyzed the conversion options for derivative accounting consideration under ASC 815, Derivatives and Hedging, and hedging, and determined that the instrument should be classified as a liability when the conversion option becomes effective The following table summarizes the derivative liabilities included in the balance sheet at September 30, 2016: Balance - January 1, 2016 $ - Addition of new derivative as a debt discount 173,750 Day one loss due to derivative 217,637 (Gain) on change in fair value of the derivative (37,637 ) Balance - September 30, 2016 $ 353,750 The table below shows the Black-Scholes option-pricing model inputs used by the Company to value the derivative liability at each measurement date: Nine Months ended Nine Months September 30, September 30, 2016 2015 Expected term 0.39 - .94 years - Expected average volatility 139.55% - 220.10 % - Expected dividend yield - - Risk-free interest rate 0.52 % -

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENTS On October 1, 2016 the Company issued 1,200,000 shares of common stock in connection with the agreement for the services to be rendered by the new sponsorship representative. On October 10, October 26 and November 3, 2016 the Company converted an aggregate of approximately $5,000, $7,500 and $7,500 respectively of the outstanding principal amount of a certain convertible promissory note dated April 4, 2016 in the amount of $57,500. The Company issued shares of common stock of 138,889, 416,667 and 1,666,667 respectively. The remaining principal balance on the note is $37,500. On October 12, 2016 the Company issued 150,000 shares of common stock in connection with an agreement for Institutional Funding Services/Public Relations Services. Pursuant to the agreement, the Company will issue shares on a monthly basis as payment for the monthly retainer fee. On October 18 and November 3, 2016 the Company converted an aggregate of approximately $4,062 and $3,300 respectively of the outstanding principal amount of a certain convertible promissory note dated April 1, 2016 in the amount of $40,000. The Company issued shares of common stock of 200,000 and 1,100,000 respectively. The remaining principal balance on the note is $32,638.

BASIS OF PRESENTATION AND ACC14

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Basis of Presentation	The accompanying unaudited interim 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 interim 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 financial statements and notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine months ended September 30, 2016 are not necessarily indicative of the results that may be expected any other interim period or for the year ending December 31, 2016. At September 30, 2016 and December 31, 2015, the Company had no subsidiaries.
Convertible Instruments and Derivatives	Convertible Instruments and Derivatives The Company evaluates and account for conversion options embedded in convertible instruments in accordance with ASC 815 “Derivatives and Hedging Activities.”
Fair Value Measurement	Fair Value Measurement The Company adopted the provisions of ASC Topic 820, “Fair Value Measurements and Disclosures,” which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The estimated fair value of certain financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and accrued expenses are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments. The carrying amounts of our short and long term credit obligations approximate fair value because the effective yields on these obligations, which include contractual interest rates taken together with other features such as concurrent issuances of warrants and/or embedded conversion options, are comparable to rates of returns for instruments of similar credit risk. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 – quoted prices in active markets for identical assets or liabilities Level 2 – quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 – inputs that are unobservable (for example cash flow modeling inputs based on assumptions) The derivative liability in connection with the conversion feature of the convertible debt, classified as a level 3 liability, is the only financial liability measured at fair value on a recurring basis. The change in the level 3 financial instrument is as follows: Balance - January 1, 2016 $ - Addition of new derivative as a debt discount 173,750 Day one loss due to derivative 217,637 (Gain) on change in fair value of the derivative (37,637 ) Balance - September 30, 2016 $ 353,750 The following table summarizes fair value measurement by level at September 30, 2016 and December 31, 2015, measured at fair value on a recurring basis: September 30, 2016 Level 1 Level 2 Level 3 Total Assets None - - - - Liabilities Derivative liabilities - - 353,750 353,750 December 31, 2015 Level 1 Level 2 Level 3 Total Assets None - - - - Liabilities Derivative liabilities - - - -

BASIS OF PRESENTATION AND ACC15

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Schedule of change in the level 3 financial instrument	Balance - January 1, 2016 $ - Addition of new derivative as a debt discount 173,750 Day one loss due to derivative 217,637 (Gain) on change in fair value of the derivative (37,637 ) Balance - September 30, 2016 $ 353,750
Schedule of fair value on a recurring basis	September 30, 2016 Level 1 Level 2 Level 3 Total Assets None - - - - Liabilities Derivative liabilities - - 353,750 353,750 December 31, 2015 Level 1 Level 2 Level 3 Total Assets None - - - - Liabilities Derivative liabilities - - - -

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Payable [Abstract]
Schedule of notes payable	Notes Payable September 30, 2016 December 31, 2015 Promissory Note to Tangiers $ 100,000 $ - Promissory Note to Tangiers 57,500 - Total Notes Payable $ 157,500 $ -

CONVERTIBLE DEBT (Tables)

CONVERTIBLE DEBT (Tables)	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Schedule of convertible notes	Convertible Debt September 30, 2016 December 31, 2015 Convertible Promissory Note to Crown Bridge $ 20,000 $ - Convertible Promissory Notes to Auctus Fund 34,969 - Convertible Promissory Notes to EM Financial 2,205 - - Total Convertible Debt $ 57,174 $ -

DERIVATIVE LIABILITY (Tables)

DERIVATIVE LIABILITY (Tables)	9 Months Ended
	Sep. 30, 2016
Derivative Liability [Abstract]
Schedule of derivative liabilities	Balance - January 1, 2016 $ - Addition of new derivative as a debt discount 173,750 Day one loss due to derivative 217,637 (Gain) on change in fair value of the derivative (37,637 ) Balance - September 30, 2016 $ 353,750
Schedule of Black-Scholes option-pricing model inputs used to value the derivative liability at each measurement	Nine Months ended Nine Months September 30, September 30, 2016 2015 Expected term 0.39 - .94 years - Expected average volatility 139.55% - 220.10 % - Expected dividend yield - - Risk-free interest rate 0.52 % -

BASIS OF PRESENTATION AND ACC19

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Balance - January 1, 2016
Addition of new derivative as a debt discount	173,750
Day one loss due to derivative	217,637
(Gain) on change in fair value of the derivative	(37,637)
Balance - September 30, 2016	$ 353,750

BASIS OF PRESENTATION AND ACC20

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Details 1) - Recurring - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Liabilities
Derivative liabilities	$ 353,750
Level 1
Liabilities
Derivative liabilities
Level 2
Liabilities
Derivative liabilities
Level 3
Liabilities
Derivative liabilities	$ 353,750

STOCKHOLDERS EQUITY (Detail Tex

STOCKHOLDERS EQUITY (Detail Textuals) - USD ($)	Aug. 10, 2016	Nov. 12, 2015	Sep. 30, 2016	Jul. 28, 2014	Dec. 31, 2015
Stockholders Equity [Line Items]
Preferred stock, shares authorized			10,000,000		10,000,000
Preferred stock par value (in dollars per share)			$ 0.001		$ 0.001
Preferred stock, shares issued			0		0
Preferred stock, shares outstanding			0		0
Common stock, shares authorized			400,000,000		400,000,000
Common stock, par value (in dollars per share)			$ 0.001		$ 0.001
Consultant
Stockholders Equity [Line Items]
Number of shares issued		750,000
Value of shares issued		$ 75
Share Exchange Agreement | LFC
Stockholders Equity [Line Items]
Number of shares issued				750,000
Value of shares issued				$ 75
Institutional Funding Services/Public Relations Services agreement
Stockholders Equity [Line Items]
Common stock issued for services value			$ 30,000
Number of common stock issued for services	150,000		300,000

NOTES PAYABLE (Details)

NOTES PAYABLE (Details) - USD ($)	Sep. 30, 2016	Apr. 04, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Total Notes Payable	$ 157,500
Promissory Note one | Tangiers
Short-term Debt [Line Items]
Total Notes Payable	100,000	$ 100,000
Promissory Note Two | Tangiers
Short-term Debt [Line Items]
Total Notes Payable	$ 57,500	$ 57,500

NOTES PAYABLE (Detail Textuals)

NOTES PAYABLE (Detail Textuals) - USD ($)	Apr. 04, 2016	Apr. 28, 2016	Sep. 30, 2016	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Short-term Debt [Line Items]
Common stock, par value (in dollars per share)			$ 0.001	$ 0.001		$ 0.001
Notes payable			$ 157,500	$ 157,500
Interest expense			47,557	81,620	$ 5,250
Number common stock shares register pursuant to investment agreement		3,500,000
Reduction in principal balance		$ 40,000
Amortization of debt discount				64,674
Promissory Note one | Tangiers
Short-term Debt [Line Items]
Investment by unrelated party	$ 5,000,000
Common stock, par value (in dollars per share)	$ 0.001
Notes payable	$ 100,000		100,000	100,000
Debt instrument interest rate	10.00%
Promissory note, conversion price description	(a) 90% of the lowest trading price of the Company's common stock during the 25 consecutive trading days prior to the date on which the unrelated party elects to convert all or part of the note, or (b) 90% of the lowest trading price of the Company's common stock during the 25 consecutive trading days prior to the effective date of April 4, 2016. At the election of the unrelated party, at each closing date (as defined in the investment agreement) after the date which is six months after April 4, 2016
Interest expense				6,000
Reduction in principal balance	$ 40,000
Promissory Note Two | Tangiers
Short-term Debt [Line Items]
Notes payable	$ 57,500		$ 57,500	57,500
Debt instrument interest rate	10.00%
Promissory note, conversion price description	The conversion price shall be equal to the lower of 50% of the lowest trading price of the Company's common stock during the 20 consecutive trading days prior to the date on which the unrelated party elects to convert all or part of the note.
Promissory notes original issuer discount	$ 7,500
Promissory note, prepaid description	The note may be prepaid by the company, in whole, or part, as follows: (a) under thirty days, 105% of principal amount, (b) thirty one to sixty days, 110% of principal amount, (c) sixty one to ninety days, 115% of principal amount, (d) ninety one to one hundred and twenty days, 120% of principal amount, (e) one hundred twenty one to one hundred fifty one days, 125% of principal amount, and (f) one hundred and fifty one to one hundred and eighty days, 135% of principal amount.
Promissory Note Two | Tangiers | Interest Expense
Short-term Debt [Line Items]
Interest expense				5,750
Amortization of debt discount				$ 7,500

CONVERTIBLE DEBT (Details)

CONVERTIBLE DEBT (Details) - USD ($)	Sep. 30, 2016	Sep. 20, 2016	May 20, 2016	Apr. 01, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Total Convertible Debt	$ 57,174
Convertible promissory note | Crown Bridge
Short-term Debt [Line Items]
Total Convertible Debt	20,000			$ 40,000
Convertible promissory note | Auctus Fund
Short-term Debt [Line Items]
Total Convertible Debt	34,969	$ 56,750	$ 67,750
Convertible promissory note | EM Financial
Short-term Debt [Line Items]
Total Convertible Debt	$ 2,205

CONVERTIBLE DEBT (Detail Textua

CONVERTIBLE DEBT (Detail Textuals)	Sep. 07, 2016USD ($)Day	Sep. 20, 2016USD ($)Day	May 20, 2016USD ($)Day	Apr. 01, 2016USD ($)Day	Sep. 30, 2016USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Short-term Debt [Line Items]
Convertible debt					$ 57,174	$ 57,174
Amortization of debt discount						64,674
Interest expense					47,557	81,620	$ 5,250
Convertible promissory note | Crown Bridge
Short-term Debt [Line Items]
Convertible debt				$ 40,000	20,000	20,000
Convertible promissory notes original issuer discount				$ 6,000
Convertible promissory note interest rate				10.00%
Convertible promissory notes, maturity period				matures twelve months from issue date
Convertible promissory notes percentage of stock price trigger				55.00%
Convertible promissory notes, trading days | Day				25
Interest expense						2,153
Convertible promissory note | Crown Bridge | Interest Expense
Short-term Debt [Line Items]
Amortization of debt discount						20,000
Convertible promissory note | Auctus Fund
Short-term Debt [Line Items]
Convertible debt		$ 56,750	$ 67,750		$ 34,969	34,969
Convertible promissory notes original issuer discount		$ 6,750	$ 7,750
Convertible promissory note interest rate		10.00%	10.00%
Convertible promissory notes, maturity period		matures twelve months from issue date	matures nine months from issue date
Convertible promissory notes percentage of stock price trigger		50.00%	50.00%
Convertible promissory notes, trading days | Day		25	25
Interest expense						2,646
Convertible promissory note | Auctus Fund | Interest Expense
Short-term Debt [Line Items]
Amortization of debt discount		$ 2,073				32,896
Interest expense		$ 164
Convertible promissory note | Ema Financial
Short-term Debt [Line Items]
Convertible debt	$ 35,000
Convertible promissory notes original issuer discount	$ 5,250
Convertible promissory note interest rate	10.00%
Convertible promissory notes, maturity period	matures twelve months from issue date
Convertible promissory notes percentage of stock price trigger	50.00%
Convertible promissory notes, trading days | Day	25
Interest expense						233
Convertible promissory note | Ema Financial | Interest Expense
Short-term Debt [Line Items]
Amortization of debt discount						$ 2,205

DERIVATIVE LIABILITY (Details)

DERIVATIVE LIABILITY (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Derivative Liabilities [Roll Forward]
Balance - January 1, 2016
Addition of new derivative as a debt discount	173,750
Day one loss due to derivative	217,637
(Gain) on change in fair value of the derivative	(37,637)
Balance - September 30, 2016	$ 353,750

DERIVATIVE LIABILITY (Details 1

DERIVATIVE LIABILITY (Details 1)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Derivative [Line Items]
Risk-free interest rate	0.52%
Minimum
Derivative [Line Items]
Expected term	4 months 21 days
Expected average volatility	139.55%
Expected dividend yield
Maximum
Derivative [Line Items]
Expected term	11 months 9 days
Expected average volatility	220.10%
Expected dividend yield

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textuals) - USD ($)	Nov. 03, 2016	Oct. 12, 2016	Oct. 10, 2016	Oct. 01, 2016	Apr. 04, 2016	Apr. 01, 2016	Oct. 26, 2016	Oct. 18, 2016	Sep. 30, 2016	Dec. 31, 2015
Subsequent Event [Line Items]
Notes Payable, Current									$ 157,500
Debt instrument converted amount					$ 57,500	$ 40,000
Remaining principal amount of debt					$ 37,500	$ 32,638
Institutional Funding Services/Public Relations Services agreement
Subsequent Event [Line Items]
Common stock issued for services value									$ 30,000
Subsequent Event
Subsequent Event [Line Items]
Common stock issued for services value				$ 1,200,000
Subsequent Event | Institutional Funding Services/Public Relations Services agreement
Subsequent Event [Line Items]
Common stock issued for services value		$ 150,000
Subsequent Event | Promissory Note one
Subsequent Event [Line Items]
Notes Payable, Current	$ 7,500		$ 5,000				$ 7,500
Number of shares issued on conversion	1,666,667		138,889				416,667
Subsequent Event | Promissory Note Two
Subsequent Event [Line Items]
Notes Payable, Current	$ 3,300							$ 4,062
Number of shares issued on conversion	1,100,000							200,000