Document and Entity Information
Document and Entity Information - USD ($) | 12 Months Ended | ||
Dec. 31, 2020 | Jan. 29, 2021 | Jun. 30, 2020 | |
Details | |||
Registrant CIK | 0001411168 | ||
Fiscal Year End | --12-31 | ||
Document Type | 10-K | ||
Document Annual Report | true | ||
Document Period End Date | Dec. 31, 2020 | ||
Document Transition Report | false | ||
Entity File Number | 000-53120 | ||
Entity Registrant Name | DUTCH OVEN GOLD GROUP INC. | ||
Entity Incorporation, State or Country Code | DE | ||
Entity Tax Identification Number | 00-0000000 | ||
Entity Address, Address Line One | P.O. Box 91983 | ||
Entity Address, City or Town | West Vancouver | ||
Entity Address, State or Province | BC | ||
Entity Address, Country | CA | ||
Entity Address, Postal Zip Code | V7V4S4 | ||
Entity Address, Address Description | Address of principal executive offices | ||
City Area Code | 604 | ||
Local Phone Number | 925-7659 | ||
Phone Fax Number Description | Registrant’s telephone number, including area code | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Non-accelerated Filer | ||
Entity Small Business | true | ||
Entity Emerging Growth Company | false | ||
Entity Shell Company | true | ||
Entity Public Float | $ 0 | ||
Entity Common Stock, Shares Outstanding | 111,840,000 | ||
Entity Listing, Par Value Per Share | $ 0.0001 | ||
Amendment Flag | false | ||
Document Fiscal Year Focus | 2020 | ||
Document Fiscal Period Focus | FY |
Balance Sheets
Balance Sheets | Dec. 31, 2020USD ($) |
Assets, Current | |
Cash and Cash Equivalents, at Carrying Value | $ 0 |
Assets, Current | 0 |
Assets | 0 |
Liabilities and Equity | |
Current Liabilities | 0 |
Total Liabilities | 0 |
Stockholders' Equity (Deficit) | |
Common Stock, Value, Issued | 11,184 |
Additional Paid in Capital | 52,977 |
Deficit accumulated during development stage | (64,161) |
Total Stockholders' Equity (Deficit) | 0 |
Liabilities and Equity | $ 0 |
Balance Sheets - Parenthetical
Balance Sheets - Parenthetical | Dec. 31, 2020$ / sharesshares |
Details | |
Preferred Stock, Par or Stated Value Per Share | $ / shares | $ 0.0001 |
Preferred Stock, Shares Authorized | 20,000,000 |
Preferred Stock, Shares Issued | 0 |
Preferred Stock, Shares Outstanding | 0 |
Common Stock, Par or Stated Value Per Share | $ / shares | $ 0.0001 |
Common Stock, Shares Authorized | 250,000,000 |
Common Stock, Shares, Issued | 111,840,000 |
Common Stock, Shares, Outstanding | 111,840,000 |
Income Statement
Income Statement - USD ($) | 12 Months Ended | 156 Months Ended |
Dec. 31, 2020 | Dec. 31, 2020 | |
Revenues | ||
Revenue from Contract with Customer, Including Assessed Tax | $ 0 | $ 0 |
Revenues | 0 | 0 |
Operating Costs and Expenses | ||
General and Administrative Expense | 64,161 | 64,161 |
Total Operating Costs and Expenses | 64,161 | 64,161 |
Net Income (Loss) | $ (64,161) | $ (64,161) |
Earnings Per Share, Basic and Diluted | $ 0 | $ 0 |
Basic and diluted weighted average common shares outstanding | 111,840,000 | 111,840,000 |
Statements of Changes in Stockh
Statements of Changes in Stockholders' Equity (Deficit) - 156 months ended Dec. 31, 2020 - USD ($) | Common Stock | Common StockCommon shares issued for services to founder at $.0001 per share, January 11, 2008 (inception) | Common StockCommon shares issued for services rendered at $.0005 per share, June 3, 2008 | Common StockCommon shares issued for services rendered at $.0012 per share, June 3, 2008 | Common StockCommon shares issued for services rendered at $.0012 per share, October 1, 2008 | Additional Paid-in Capital | Additional Paid-in CapitalCommon shares issued for services to founder at $.0001 per share, January 11, 2008 (inception) | Additional Paid-in CapitalCommon shares issued for services rendered at $.0005 per share, June 3, 2008 | Additional Paid-in CapitalCommon shares issued for services rendered at $.0012 per share, June 3, 2008 | Additional Paid-in CapitalCommon shares issued for services rendered at $.0012 per share, October 1, 2008 | Retained Earnings | Retained EarningsCommon shares issued for services to founder at $.0001 per share, January 11, 2008 (inception) | Retained EarningsCommon shares issued for services rendered at $.0005 per share, June 3, 2008 | Retained EarningsCommon shares issued for services rendered at $.0012 per share, June 3, 2008 | Retained EarningsCommon shares issued for services rendered at $.0012 per share, October 1, 2008 | Total | Common shares issued for services to founder at $.0001 per share, January 11, 2008 (inception) | Common shares issued for services rendered at $.0005 per share, June 3, 2008 | Common shares issued for services rendered at $.0012 per share, June 3, 2008 | Common shares issued for services rendered at $.0012 per share, October 1, 2008 |
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Beginning Balance at Jan. 10, 2008 | $ 0 | $ 0 | $ 0 | $ 0 | ||||||||||||||||
Shares, Outstanding, Beginning Balance at Jan. 10, 2008 | 0 | |||||||||||||||||||
Stock Issued During Period, Value, New Issues | $ 3,134 | $ 5,082 | $ 2,918 | $ 50 | $ 0 | $ 20,327 | $ 32,100 | $ 550 | $ 0 | $ 0 | $ 0 | $ 0 | $ 3,134 | $ 25,409 | $ 35,018 | $ 600 | ||||
Stock Issued During Period, Shares, New Issues | 31,340,000 | 50,818,000 | 29,182,000 | 500,000 | ||||||||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $ 0 | 0 | (64,161) | (64,161) | ||||||||||||||||
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance at Dec. 31, 2020 | $ 11,184 | $ 52,977 | $ (64,161) | $ 0 | ||||||||||||||||
Shares, Outstanding, Ending Balance at Dec. 31, 2020 | 111,840,000 |
Statement of Cash Flows
Statement of Cash Flows | 12 Months Ended |
Dec. 31, 2020USD ($) | |
Net Cash Provided by (Used in) Operating Activities | |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $ (64,161) |
Issuance of Stock and Warrants for Services or Claims | 64,161 |
Net Cash Provided by (Used in) Operating Activities | 0 |
Net Cash Provided by (Used in) Investing Activities | |
Net Cash Provided by (Used in) Investing Activities | 0 |
Net Cash Provided by (Used in) Financing Activities | |
Net Cash Provided by (Used in) Financing Activities | 0 |
Cash and Cash Equivalents, Period Increase (Decrease) | 0 |
Cash and Cash Equivalents, at Carrying Value, Beginning Balance | 0 |
Cash and Cash Equivalents, at Carrying Value, Ending Balance | 0 |
Non-cash Financing and Investment Activities | |
Issuance of Stock and Warrants for Services or Claims | 64,161 |
Supplemental Cash Flow Information | |
Interest Paid, Including Capitalized Interest, Operating and Investing Activities | 0 |
Income Taxes Paid | $ 0 |
Note 1_ Business Description an
Note 1: Business Description and Organization | 12 Months Ended |
Dec. 31, 2020 | |
Notes | |
Note 1: Business Description and Organization | NOTE 1 BUSINESS DESCRIPTION AND ORGANIZATION Dutch Oven Gold Group Inc. was incorporated in Delaware on January 11, 2008 and has been inactive since inception. Dutch Oven Gold Group, Inc. intends to serve as a vehicle to effect an asset acquisition, merger, exchange of capital stock or other business combination with a domestic or foreign business. |
Note 2_ Summary of Significant
Note 2: Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2020 | |
Notes | |
Note 2: Summary of Significant Accounting Policies | NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation - Development Stage Company Dutch Oven Gold Group, Inc. has not earned any revenue from operations. Accordingly, Dutch Oven Gold Group, Inc.'s activities have been accounted for as those of a "Development Stage Enterprise" as set forth in Financial Accounting Standards Board Statement No. 7. Among the disclosures required by SFAS 7 are that Dutch Oven Gold Group, Inc.'s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders' equity and cash flows disclose activity since the date of Dutch Oven Gold Group, Inc.'s inception. Dutch Oven Gold Group, Inc. has elected a fiscal year ending on December 31. A. Cash and cash equivalents Cash and cash equivalents include cash on hand, cash accounts, interest bearing savings accounts and time certificates of deposit with a maturity of three months or less when purchased. B. 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 disclosures 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. C. Income Taxes Dutch Oven Gold Group, Inc. accounts for income taxes under the Financial Accounting Standards Board (FASB) Statement No. 109, "Accounting for Income Taxes." Under Statement 109, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under Statement 109, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. There were no current or deferred income tax expense or benefits due to Dutch Oven Gold Group, Inc. not having any material operations for the period ended December 31, 2020 D. Basic Loss Per Common Share Basic loss per common share has been calculated based on the weighted average number of shares outstanding during the period after giving retroactive effect to stock splits. There are no dilutive securities at December 31, 2020 E. Impact of New Accounting Standards Dutch Oven Gold Group, Inc. does not expect the adoption of recently issued accounting pronouncements to have a significant impact on Dutch Oven Gold Group, Inc.'s results of operations, financial position, or cash flow. |
Note 3_ Shareholder's Equity
Note 3: Shareholder's Equity | 12 Months Ended |
Dec. 31, 2020 | |
Notes | |
Note 3: Shareholder's Equity | NOTE 3 SHAREHOLDER'S EQUITY Preferred Stock Dutch Oven Gold Group, Inc.'s board of directors has the authority to establish and fix the designation, powers, or preferences of preferred shares without further vote by the shareholders. Dutch Oven Gold Group, Inc. has the following classes of capital stock as of December 31, 2020 · · |
Note 2_ Summary of Significan_2
Note 2: Summary of Significant Accounting Policies: Basis of Presentation - Development Stage Company (Policies) | 12 Months Ended |
Dec. 31, 2020 | |
Policies | |
Basis of Presentation - Development Stage Company | Basis of Presentation - Development Stage Company Dutch Oven Gold Group, Inc. has not earned any revenue from operations. Accordingly, Dutch Oven Gold Group, Inc.'s activities have been accounted for as those of a "Development Stage Enterprise" as set forth in Financial Accounting Standards Board Statement No. 7. Among the disclosures required by SFAS 7 are that Dutch Oven Gold Group, Inc.'s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders' equity and cash flows disclose activity since the date of Dutch Oven Gold Group, Inc.'s inception. Dutch Oven Gold Group, Inc. has elected a fiscal year ending on December 31. |
Note 2_ Summary of Significan_3
Note 2: Summary of Significant Accounting Policies: A. Cash and Cash Equivalents (Policies) | 12 Months Ended |
Dec. 31, 2020 | |
Policies | |
A. Cash and Cash Equivalents | A. Cash and cash equivalents Cash and cash equivalents include cash on hand, cash accounts, interest bearing savings accounts and time certificates of deposit with a maturity of three months or less when purchased. |
Note 2_ Summary of Significan_4
Note 2: Summary of Significant Accounting Policies: B. Use of Estimates (Policies) | 12 Months Ended |
Dec. 31, 2020 | |
Policies | |
B. Use of Estimates | B. 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 disclosures 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. |
Note 2_ Summary of Significan_5
Note 2: Summary of Significant Accounting Policies: C. Income Taxes (Policies) | 12 Months Ended |
Dec. 31, 2020 | |
Policies | |
C. Income Taxes | C. Income Taxes Dutch Oven Gold Group, Inc. accounts for income taxes under the Financial Accounting Standards Board (FASB) Statement No. 109, "Accounting for Income Taxes." Under Statement 109, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under Statement 109, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. There were no current or deferred income tax expense or benefits due to Dutch Oven Gold Group, Inc. not having any material operations for the period ended December 31, 2020 |
Note 2_ Summary of Significan_6
Note 2: Summary of Significant Accounting Policies: D. Basic Loss Per Common Share (Policies) | 12 Months Ended |
Dec. 31, 2020 | |
Policies | |
D. Basic Loss Per Common Share | D. Basic Loss Per Common Share Basic loss per common share has been calculated based on the weighted average number of shares outstanding during the period after giving retroactive effect to stock splits. There are no dilutive securities at December 31, 2020 |
Note 2_ Summary of Significan_7
Note 2: Summary of Significant Accounting Policies: E. Impact of New Accounting Standards (Policies) | 12 Months Ended |
Dec. 31, 2020 | |
Policies | |
E. Impact of New Accounting Standards | E. Impact of New Accounting Standards Dutch Oven Gold Group, Inc. does not expect the adoption of recently issued accounting pronouncements to have a significant impact on Dutch Oven Gold Group, Inc.'s results of operations, financial position, or cash flow. |
Note 1_ Business Description _2
Note 1: Business Description and Organization (Details) | 12 Months Ended |
Dec. 31, 2020 | |
Details | |
Entity Incorporation, State or Country Code | DE |
Entity Incorporation, Date of Incorporation | Jan. 11, 2008 |
Note 3_ Shareholder's Equity (D
Note 3: Shareholder's Equity (Details) | Dec. 31, 2020$ / sharesshares |
Details | |
Common Stock, Shares Authorized | 250,000,000 |
Common Stock, Par or Stated Value Per Share | $ / shares | $ 0.0001 |
Common Stock, Shares, Outstanding | 111,840,000 |
Common Stock, Shares, Issued | 111,840,000 |
Preferred Stock, Shares Authorized | 20,000,000 |
Preferred Stock, Par or Stated Value Per Share | $ / shares | $ 0.0001 |
Preferred Stock, Shares Issued | 0 |
Preferred Stock, Shares Outstanding | 0 |