Black Bird Biotech (BBBT) 10-K 30 Mar 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 28, 2017	Jun. 30, 2016
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Entity Registrant Name	Digital Development Partners, Inc.
Entity Central Index Key	1,409,999
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 67,000
Trading Symbol	DGDM
Entity Common Stock, Shares Outstanding		85,970,665

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash	$ 14,513	$ 12,455
Total Assets	14,513	12,455
Current Liabilities
Accounts Payable and accrued liabilities	152,217	123,891
Related Party Loan Payable	650,000	570,000
Total Liabilities	802,217	693,891
Stockholders' Deficit
Common Stock, $0.001 par value; authorized 225,000,000 shares; 85,970,665 outstanding shares as at December 31, 2016 and 2015	85,971	85,971
Additional Paid-In Capital	7,488,946	7,488,946
Accumulated Deficit	(8,362,621)	(8,256,353)
Total Stockholders' Deficit	(787,704)	(681,436)
Total Liabilities and Stockholders' Deficit	$ 14,513	$ 12,455

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
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

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Operating expenses
General and administrative expense	$ 75,739	$ 85,916
Total operating expenses	75,739	85,916
Loss from Operations	(75,739)	(85,916)
Other expense
Interest expense	(30,529)	(26,554)
Total other expense	(30,529)	(26,554)
Net Loss	$ (106,268)	$ (112,470)
Basic and diluted net loss per common share (in dollars per share)	$ 0	$ 0
Basic and diluted weighted average common shares outstanding (in shares)	85,970,665	85,970,665

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities:
Net loss	$ (106,268)	$ (112,470)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in accounts payable and accrued liabilities	28,326	32,297
Net cash used in operating activities	(77,942)	(80,173)
Cash flows from financing activities:
Proceeds from related party loan	80,000	70,000
Net cash provided by financing activities	80,000	70,000
Net increase (decrease) in cash	2,058	(10,173)
Cash, beginning of the period	12,455	22,628
Cash, end of the period	14,513	12,455
Supplemental cash flow disclosure:
Interest paid	0	0
Taxes paid	$ 0	$ 0

Changes in Statements of Stockh

Changes in Statements of Stockholders' Deficit - USD ($)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Balance at Dec. 31, 2014	$ (568,966)	$ 85,971	$ 7,488,946	$ (8,143,883)
Balance (in shares) at Dec. 31, 2014		85,970,665
Net loss	(112,470)	$ 0	0	(112,470)
Balance at Dec. 31, 2015	(681,436)	$ 85,971	7,488,946	(8,256,353)
Balance (in Shares) at Dec. 31, 2015		85,970,665
Net loss	(106,268)	$ 0	0	(106,268)
Balance at Dec. 31, 2016	$ (787,704)	$ 85,971	$ 7,488,946	$ (8,362,621)
Balance (in Shares) at Dec. 31, 2016		85,970,665

Basis of Presentation and Natur

Basis of Presentation and Nature of Operations	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Description and Basis of Presentation [Text Block]	Basis of Presentation and Nature of Operations Organization The Company was incorporated as Cyprium Resources, Inc. under the laws of the State of Nevada December 22, 2006. The Company was originally formed for mineral exploration in the United States. On May 19, 2009 the Company’s name was changed to Digital Development Partners, Inc. A reassessment of the Company’s direction resulted in a reorganization plan on February 17, 2010 which included: 1. Acquisition of a new line of technology through the acquisition of the worldwide distribution and servicing rights to a cell phone enterprise based in Hong Kong; 2. Change in management; 3. Sale of the Company’s option on Top Floor Studio; 4. Distribution of the Company’s shares in YuDeal, Inc. to the stockholders. Pursuant to the plan, the Company’s interests in Top Floor Studio and YuDeal Inc. were disposed of in February, 2010. The Company’s option on Top Floor was sold to YuDeal, Inc. for YuDeal common stock, which in turn was traded for 20,095,000 In conjunction with the reorganization the management team of the Company resigned. The Company’s president, Isaac Roberts, was replaced by Jack Jie Quin, president of EFT Holding Inc. EFT Holding Inc. is the majority stockholder of Digital Development Partners Inc.

Summary of Significant Accounti

Summary of Significant Accounting Policies and Going Concern	12 Months Ended
	Dec. 31, 2016
Notes To Financial Statements Abstract [Abstract]
Significant Accounting Policies [Text Block]	Summary of Significant Accounting Policies and 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 December 31, 2016. 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 2016. 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. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates. Cash and equivalents include investments with initial maturities of three months or less. The Company had no cash equivalents as of December 31, 2016 and 2015. The Company accounts for income taxes utilizing ASC 740, “Income Taxes” (SFAS No. 109). ASC 740 requires the measurement of deferred tax assets for deductible temporary differences and operating loss carry forwards, and of deferred tax liabilities for taxable temporary differences. Measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. The effects of future changes in tax laws or rates are not included in the measurement. The Company recognizes the amount of taxes payable or refundable for the current year and recognizes deferred tax liabilities and assets for the expected future tax consequences of events and transactions that have been recognized in the Company’s financial statements or tax returns. The Company currently has substantial net operating loss carry forwards. The Company has recorded a 100% valuation allowance against net deferred tax assets due to uncertainty of their ultimate realization. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Net loss per share is calculated in accordance with ASC 260, Earnings per Share, for the period presented. Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. There is no potential dilutive securities as of December 31, 2016 or December 31, 2015. As there was a net loss for these periods, basic and diluted loss per share is the same for the twelve months ended December 31, 2016 and 2015, respectively. A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party. Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company's financial statements.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Related Party Transactions December 31, December 31, 2016 2015 Loan payable to related party – EFT Holdings, Inc. $ 650,000 $ 570,000 Advances were received from EFT Holdings during the fiscal year ended December 31, 2016 and 2015 totaling $ 80,000 70,000 5 145,508

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	4. Income Taxes No provision was made for federal income tax for the year ended December 31, 2016, since the Company had net operating losses. The Company has available net operating loss carry-forward of approximately $ 839,403 2029 0 As of December 31, 2016 2015 Deferred tax assets: Net operating loss carryforwards 341,300 $ 304,107 Less: valuation allowance (341,300) (304,107) Net deferred tax assets $ — $ —

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events [Text Block]	5. Subsequent Events Subsequent to December 31, 2016 the Company borrowed $ 10,000 5

Summary of Significant Accoun12

Summary of Significant Accounting Policies and Going Concern (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Going Concern [Policy Text Block]	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 December 31, 2016. 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 2016. 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.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash equivalents Cash and equivalents include investments with initial maturities of three months or less. The Company had no cash equivalents as of December 31, 2016 and 2015.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company accounts for income taxes utilizing ASC 740, “Income Taxes” (SFAS No. 109). ASC 740 requires the measurement of deferred tax assets for deductible temporary differences and operating loss carry forwards, and of deferred tax liabilities for taxable temporary differences. Measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. The effects of future changes in tax laws or rates are not included in the measurement. The Company recognizes the amount of taxes payable or refundable for the current year and recognizes deferred tax liabilities and assets for the expected future tax consequences of events and transactions that have been recognized in the Company’s financial statements or tax returns. The Company currently has substantial net operating loss carry forwards. The Company has recorded a 100% valuation allowance against net deferred tax assets due to uncertainty of their ultimate realization. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.
Earnings Per Share, Policy [Policy Text Block]	Basic and Diluted Net Loss Per Share Net loss per share is calculated in accordance with ASC 260, Earnings per Share, for the period presented. Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. There is no potential dilutive securities as of December 31, 2016 or December 31, 2015. As there was a net loss for these periods, basic and diluted loss per share is the same for the twelve months ended December 31, 2016 and 2015, respectively.
Related Party Transactions Policy [Policy Text Block]	Related Parties A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company's financial statements.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	December 31, December 31, 2016 2015 Loan payable to related party – EFT Holdings, Inc. $ 650,000 $ 570,000

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	As of December 31, 2016 2015 Deferred tax assets: Net operating loss carryforwards 341,300 $ 304,107 Less: valuation allowance (341,300) (304,107) Net deferred tax assets $ — $ —

Basis of Presentation and Nat15

Basis of Presentation and Nature of Operations (Details Textual)	Dec. 31, 2016shares
Basis Of Presentation And Nature Of Operations [Line Items]
Shares, Issued	20,095,000

Summary of Significant Accoun16

Summary of Significant Accounting Policies and Going Concern (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Accounting Policies [Line Items]
Cash and Cash Equivalents, at Carrying Value	$ 0	$ 0
Weighted Average Number Diluted Shares Outstanding Adjustment	0	0

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Loan payable to related party - EFT Holdings, Inc.	$ 650,000	$ 570,000

Related Party Transactions (D18

Related Party Transactions (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Proceeds from Related Party Debt	$ 80,000	$ 70,000
EFT Holdings, Inc [Member]
Related Party Transaction [Line Items]
Proceeds from Related Party Debt	$ 80,000	$ 70,000
Debt Instrument, Interest Rate During Period	5.00%
Due to Related Parties	$ 145,508

Income Taxes (Details)

Income Taxes (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets:
Net operating loss carryforwards	$ 341,300	$ 304,107
Less: valuation allowance	(341,300)	(304,107)
Net deferred tax assets	$ 0	$ 0

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Operating Loss Carryforwards	$ 839,403
Deferred Tax Assets, Net of Valuation Allowance	$ 0	$ 0
Operating Loss Carry Forwards Expiration Description	2,029

Subsequent Events (Details Text

Subsequent Events (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Subsequent Event [Line Items]
Proceeds from Related Party Debt		$ 80,000	$ 70,000
EFT Holdings, Inc [Member]
Subsequent Event [Line Items]
Proceeds from Related Party Debt		$ 80,000	$ 70,000
Subsequent Event [Member] | EFT Holdings, Inc [Member]
Subsequent Event [Line Items]
Proceeds from Related Party Debt	$ 10,000
Debt Instrument, Interest Rate, Effective Percentage	5.00%