Document And Entity Information
Document And Entity Information - shares | 9 Months Ended | |
Sep. 30, 2015 | Oct. 29, 2015 | |
Document Information [Line Items] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Period End Date | Sep. 30, 2015 | |
Document Fiscal Year Focus | 2,015 | |
Document Fiscal Period Focus | Q3 | |
Entity Registrant Name | Digital Development Partners, Inc. | |
Entity Central Index Key | 1,409,999 | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Smaller Reporting Company | |
Trading Symbol | DGDM | |
Entity Common Stock, Shares Outstanding | 85,970,665 |
Balance Sheet
Balance Sheet - USD ($) | Sep. 30, 2015 | Dec. 31, 2014 |
Current Assets | ||
Cash | $ 10,824 | $ 22,628 |
Total Assets | 10,824 | 22,628 |
Current Liabilities | ||
Accounts Payable | 111,037 | 91,594 |
Loan Payable - Related Party | 550,000 | 500,000 |
Total Liabilities | 661,037 | 591,594 |
Stockholders' Deficit | ||
Common Stock, $0.001 par value; authorized 225,000,000 shares; issued and outstanding 85,970,665 shares as of September 30, 2015 and December 31, 2014 | 85,971 | 85,971 |
Additional Paid-In Capital | 7,488,946 | 7,488,946 |
Accumulated Deficit | (8,225,130) | (8,143,883) |
Total Stockholders' Deficit | (650,213) | (568,966) |
Total Liabilities and Stockholders' Deficit | $ 10,824 | $ 22,628 |
Balance Sheet (Parenthetical)
Balance Sheet (Parenthetical) - $ / shares | Sep. 30, 2015 | Dec. 31, 2014 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common Stock, Shares Authorized | 225,000,000 | 225,000,000 |
Common Stock, Shares, Issued | 85,970,665 | 85,970,665 |
Common Stock, Shares, Outstanding | 85,970,665 | 85,970,665 |
Statement of Operations
Statement of Operations - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2015 | Sep. 30, 2014 | Sep. 30, 2015 | Sep. 30, 2014 | |
Operating Expenses | $ 16,912 | $ 18,767 | $ 61,679 | $ 60,763 |
Loss from Operations | (16,912) | (18,767) | (61,679) | (60,763) |
Interest Expense | 6,763 | 5,807 | 19,568 | 16,654 |
Net Loss | $ (23,675) | $ (24,574) | $ (81,247) | $ (77,417) |
Loss Per Common Share: | ||||
Basic and Diluted (in dollars per share) | $ 0 | $ 0 | $ 0 | $ 0 |
Weighted Average Shares Outstanding, | ||||
Basic and Diluted: (in shares) | 85,970,665 | 85,970,665 | 85,970,665 | 85,970,665 |
Statement of Cash Flows
Statement of Cash Flows - USD ($) | 9 Months Ended | |
Sep. 30, 2015 | Sep. 30, 2014 | |
Cash flows from operating activities: | ||
Net loss | $ (81,247) | $ (77,417) |
Change in operating assets and liabilities: | ||
Accounts payable | 19,443 | 10,890 |
Net cash provided (used) by operating activities | (61,804) | (66,527) |
Cash flows from financing activities: | ||
Proceeds of loans payable from related party | 50,000 | 60,000 |
Net cash provided (used) by financing activities | 50,000 | 60,000 |
Net increase (decrease) in cash | (11,804) | (6,527) |
Cash, beginning of the period | 22,628 | 24,184 |
Cash, end of the period | 10,824 | 17,657 |
Supplemental cash flow disclosure: | ||
Interest paid | 0 | 0 |
Taxes paid | $ 0 | $ 0 |
Basis of Presentation and Natur
Basis of Presentation and Nature of Operations | 9 Months Ended |
Sep. 30, 2015 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Business Description and Basis of Presentation [Text Block] | 1. Basis of Presentation and Nature of Operations The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“GAAP”) for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information required by GAAP for complete annual financial statement presentation. These condensed financial statements as of and for the three and nine months ended September 30, 2015 and 2014, reflect all adjustments which, in the opinion of management, are necessary to fairly present the Company’s financial position and the results of its operations for the periods presented, in accordance with the accounting principles generally accepted in the United States of America. Operating results for the three and nine months ended September 30, 2015, are not necessarily indicative of the results to be expected for other interim periods or for the full year ending December 31, 2015. These unaudited condensed financial statements should be read in conjunction with the financial statements and accompanying notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, as filed with the Securities Exchange Commission. |
Going Concern
Going Concern | 9 Months Ended |
Sep. 30, 2015 | |
Going Concern Disclosure [Abstract] | |
Going Concern Disclosure [Text Block] | 2. Going Concern The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The Company also has a working capital deficit as of September 30, 2015. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s activities will necessitate significant uses of working capital beyond 2015. Additionally, the Company’s capital requirements will depend on many factors, including the success of the Company’s researching for new markets. The Company plans to continue financing its operations with cash received from financing activities, more specifically from related party loans. While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company. |
Related Party Transactions
Related Party Transactions | 9 Months Ended |
Sep. 30, 2015 | |
Related Party Transactions [Abstract] | |
Related Party Transactions Disclosure [Text Block] | 3. Related Party Transactions September 30, December 31, 2015 2014 Loan payable to related party EFT Holdings, Inc. $ 550,000 $ 500,000 A promissory note for $ 500,000 300,000 5 November 13, 2010 300,000 40,000 340,000 80,000 5 420,000 80,000 5 500,000 50,000 550,000 |
Related Party Transactions (Tab
Related Party Transactions (Tables) | 9 Months Ended |
Sep. 30, 2015 | |
Related Party Transactions [Abstract] | |
Schedule of Related Party Transactions [Table Text Block] | September 30, December 31, 2015 2014 Loan payable to related party EFT Holdings, Inc. $ 550,000 $ 500,000 |
Related Party Transactions (Det
Related Party Transactions (Details) - USD ($) | Sep. 30, 2015 | Dec. 31, 2014 |
Related Party Transaction [Line Items] | ||
Loan payable to related party - EFT Holdings, Inc. | $ 550,000 | $ 500,000 |
Related Party Transactions (D11
Related Party Transactions (Details Textual) - USD ($) | May. 13, 2010 | Sep. 30, 2015 | Sep. 30, 2014 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jan. 31, 2011 |
Related Party Transaction [Line Items] | ||||||||
Proceeds from Related Party Debt | $ 50,000 | $ 60,000 | ||||||
EFT Holdings, Inc [Member] | ||||||||
Related Party Transaction [Line Items] | ||||||||
Debt Instrument, Face Amount | 550,000 | $ 500,000 | $ 420,000 | $ 340,000 | $ 300,000 | |||
Proceeds from Related Party Debt | $ 50,000 | $ 80,000 | $ 80,000 | $ 40,000 | $ 300,000 | |||
Debt Instrument, Interest Rate During Period | 5.00% | 5.00% | 5.00% | |||||
Debt Instrument, Maturity Date | Nov. 13, 2010 | |||||||
EFT Holdings, Inc [Member] | Notes Payable, Other Payables [Member] | ||||||||
Related Party Transaction [Line Items] | ||||||||
Debt Instrument, Face Amount | $ 500,000 |