REMSleep (RMSL) 10-Q 2 Mar 15 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Jun. 30, 2014
Document and Entity Information
Entity Registrant Name	RemSleep Holdings Inc.
Document Type	10-Q
Document Period End Date	30-Jun-14
Amendment Flag	FALSE
Entity Central Index Key	1412126
Current Fiscal Year End Date	-19
Entity Common Stock, Shares Outstanding	524,881,342
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q2

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
CURRENT LIABILITIES
Bank overdraft	$45	$48
Accounts payable	221,585	211,354
Loan payable to individual	50,000	50,000
Convertible notes payable, related party, net	840,000	560,000
Derivative liabilities, related party	840,000	1,504,281
Due to related party	23,652	19,767
Accrued interest payable	1,375,580	58,236
Accrued compensation to officers	59,486	1,062,000
TOTAL CURRENT LIABILITIES	3,410,348	3,465,686
TOTAL LIABILITIES	3,410,348	3,465,686
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred stock value
Common stock value	524,881	344,881
Common stock to be issued	4,500	4,500
Additional paid in capital	149,231,793	148,925,793
Accumulated other comprehensive income (loss)	1,525	-459
Deficit accumulated during the development stage	153,173,048	152,740,402
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	($3,410,348)	($3,465,686)

BALANCE_SHEETS_Parenthetical

BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Debt discount, convertible notes payable	$0	$280,000
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	5,000,000	5,000,000
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares outstanding	524,881,342	344,881,342
Preferred Series A
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred Series B
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred Series C
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	5,000,000	5,000,000
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares outstanding	524,881,342	344,881,342

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
REVENUES:
Sales
Cost of sales
Gross profit
EXPENSES:
Wages	96,000	782,000	272,000	974,000
Common stock issuance expenses		9,900	229,500	9,900
Accounting and legal	3,000		6,000	9,138
Office and other expenses	3,315	16,385	10,096	21,533
Total expenses	102,315	808,285	517,596	1,014,571
Loss from operations	-102,315	-808,285	-517,596	-1,014,571
OTHER INCOME (EXPENSES):
Interest expense	-21,415	-15,815	-42,830	-15,815
Amortization of debt discount	-70,000	-140,000	-280,000	-140,000
Derivative liabilities expense		930,693		930,693
Change in derivative liability expense	-621,750	22,004	-641,281	22,004
Loss attributed to retirement of accrued expense			-265,500
Total other income (expense)	530,335	-1,108,512	75,951	-1,108,512
Loss before income taxes	428,020	-1,916,797	-432,645	-2,123,083
Provision for income taxes
NET INCOME (LOSS)	428,020	-1,916,797	-432,645	-2,123,083
OTHER COMPREHENSIVE INCOME (LOSS):
Foreign currency translation adjustment	1,101	962	-1,525	962
Comprehensive income (loss)	$429,121	($1,917,759)	($434,170)	($2,124,045)
Basic and fully diluted net loss per share	$0	($0.01)	$0	($0.01)
Weighted average common shares outstanding	524,881,342	344,156,067	463,323,883	342,984,473

STATEMENTS_OF_CASH_FLOWS

STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
NET INCOME (LOSS)	($432,645)	($2,123,083)
Adjustments to reconcile net loss to net cash (used in) operations:
Common shares to be issued for compensation	229,500	9,900
Amortization of debt discount	280,000	140,000
Derivative liabilities expense		930,693
Change in derivative liability expense	-641,281	22,004
Loss attributed to retirement of accrued expense	-265,500
Changes in operating assets and liabilities:
Bank overdraft	-3
Accrued compensation to officers	-313,580	134,000
Accounts payable	10,231	-2,598
Accrued interest payable	21,415	15,815
NET CASH (USED IN) OPERATING ACTIVITIES	-5,868	-873,269
CASH FLOWS FROM FINANCING ACTIVITIES:
Loan proceeds from individual		20,000
Proceeds from related party	3,884	13,913
Proceeds from convertible notes payable		840,000
NET CASH PROVIDED BY FINANCING ACTIVITIES	3,884	873,913
Foreign currency translation adjustment	-1,525	962
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-1,984	-319
CASH AND CASH EQUIVALENTS BEGINNING OF THE PERIOD		478
CASH AND CASH EQUIVALENTS END OF THE PERIOD		$158

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Jun. 30, 2014
Notes
Summary of Significant Accounting Policies	NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Business Activity
	REMSleep Holdings, Inc., f/k/a/ Kat Gold Holdings Corp. (the “Company”) was incorporated in the State of Nevada on June 6, 2007. Following its acquisition of Handcamp on June 4, 2010, a gold property located in the Province of Newfoundland and Labrador, Canada (“Handcamp”), the Company changed its business model to that of a mineral acquisition,  exploration and development company focused primarily on gold properties. On August 26, 2010, the Company’s name was changed from Bella Viaggio, Inc. to Kat Gold Holdings corp. As of this annual report, the Company has not generated any revenues but has incurred expenses related to the drilling and exploration of Handcamp. The Company has commenced exploratory drilling operations on the Handcamp property and sent core samples obtained for analysis.  The Company is currently awaiting the results of these core samples.
	The Company has not yet earned any revenue from operations. Accordingly, the Company’s activities have been accounted for as those of a “Development Stage Enterprise” as set forth in Financial Accounting Standards Board Statement ASC 915 (“FASB ASC 915”). Among the disclosures required by FASB ASC 915 are that the Company’s financial statements be identified as those of a development stage operation, and that the statements of operations, stockholders’ equity and cash flows disclose activity since the date of the Company’s inception.
	Accounting Basis
	The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted a December 31 fiscal year end.
	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 estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
	Cash and Cash Equivalents
	For purposes of the Statements of Cash Flows, the Company considers highly liquid investments with an original maturity of three months or less to be cash equivalents.
	Comprehensive Income (Loss)
	The Company reports comprehensive income and its components following guidance set forth by section 220-10 of the FASB Accounting Standards Codification which establishes standards for the reporting and display of comprehensive income and its components in the consolidated financial statements. There were no items of comprehensive income (loss) applicable to the Company during the period covered in the financial statements.
	Long-Lived Assets
	The Company evaluates the recoverability of its fixed assets and other assets in accordance with section 360-10-15 of the FASB Accounting Standards Codification for disclosures about Impairment or Disposal of Long-Lived Assets. Disclosure requires recognition of impairment of long-lived assets in the event the net book value of such assets exceeds its expected cash flows. If so, it is considered to be impaired and is written down to fair market value, which is determined based on either discounted future cash flows or appraised values. The company adopted the statement on inception. No impairments of these types of assets were recognized during the period ended June 2014.
	Risk and Uncertainties
	The Company is subject to risks common to companies in the mining industry, including, but not limited to, litigation, development of new technological mining innovations and dependence on key personnel.
	Advertising Costs
	Advertising costs are expensed as incurred. The Company does not incur any direct-response advertising costs.
	Stock-Based Compensation
	The Company accounts for stock-based compensation using the fair value method following the guidance set forth in section 718-10 of the FASB Accounting Standards Codification for disclosure about stock based compensation. This section requires a public entity to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recgnized over the period during which an employee is required to provide service in exchange for the award- the requisite service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the requisite service.
	Fair Value for Financial Assets and Financial Liabilities
	The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification ("paragraph 820-10-35-37") to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs.
	The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below:
	Level 1: Quoted market prices available in active markets for identical assets and liabilities as of the reporting date.
	Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
	Level 3: Pricing inputs that are generally observable inputs and not corroborated by the market data.
	The carrying amounts of the company's financial assets and liabilities, such as cash, accounts receivable, rent deposit, accounts payable, customer deposits and notes payable approximate their fair values because of the short maturity of these instruments.
	The company's derivative liabilities related to convertible debt are measured at fair value on a recurring basis, using level 3 inputs. There were no assets or liabilities measured at fair value on a nonrecurring basis during the quarter ended June 30, 2014.
	Fair Value of Financial Statements
	The Company’s financial instruments consist of cash and security deposits. The carrying amount of these financial instruments approximates fair value due to either length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.
	Loss Per Share
	Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by the weighted average number of shares of common stock and potentially outstanding shares of common stock during each period. There were no potentially dilutive shares outstanding as of December 31, 2014 and 2013.
	Income Taxes
	Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax basic of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized. It is the company's policy to classify interest and penalties on income taxes as interest expense or penalties expense. As of December 31, 2013 there have been no interest or penalties incurred on income taxes.
	Recent Accounting Pronouncements
	In June 2014, the FASB issued ASU 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted for financial statements not yet issued. The Company adopted ASU 2014-10 since the quarter ended July 31, 2014, thereby no longer presenting or disclosing any information required by Topic 915.
	The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements will cause a material impact on its financial condition or the results of its operations.

Note_Payable_Disclosure

Note Payable Disclosure	3 Months Ended
	Jun. 30, 2014
Notes
Note Payable Disclosure	NOTE 2 NOTE PAYABLE
	Note payable at June 30, 2014 consists of a $50,000 demand, balloon note payable to an unrelated individual bearing no interest. The loan is unsecured and has no specific maturity date. The note is bearing interest at the rate of 5% per annum. The accrued interest related to this note was $2,542 and $1,917 for the quarter ended June 30, 2014 and 2013.

Convertible_Notes_Payable_and_

Convertible Notes Payable and Derivative Liabilities Related Party	3 Months Ended
	Jun. 30, 2014
Notes
Convertible Notes Payable and Derivative Liabilities Related Party	NOTE 3 CONVERTIBLE NOTES PAYABLE AND DERIVATIVE LIABILITIES RELATED PARTY
	On April 30, 2013 the Company issued two 9.9% convertible notes in the principal of $720,000 and $120,000 (the "Note"), respectively, two related parties.
	The notes bear interest at the rate of 9.9% per annum. All interest and principal must be due on April 30, 2014 and is in default. The Note is convertible on or after April 30, 2014 and prior to full payment of principal and interest hereunder, at the Lender option, at a 50% discount to the average closing bid price for the previous three (3) trading days prior to the conversion as Trading Day is defined in the Note. The company may prepay this Debenture at any time without penalty.
	The Company has determined that the conversion feature of the Notes represent an embedded derivative since the Notes is convertible into a varible number of shares upon conversion. Accordingly, the Notes are not considered to be conventional debt under EITF 00-19 and the embedded conversion feature must be bifurcated from the debt host and accounted for as a derivative liability. Accordingly, the fair value of this derivative instrument has been recorded as a liability on the balance sheet with the corresponding amount recorded as a discount to the Notes. Such discount was authorized from the grant date to the maturity date of the Notes. The change in the fair value of the derivative liability is recorded in other income or expenses in the statement of operations at the end of each period, with the offset to the derivative liability on the balance sheet. The embedded conversion feature included in the Notes resulted in an initial debt discount of $720,000 and 120,000 respectively based on the initial fair value of the derivative liability of $1,517,737 and 252,956, respectively. The fair value of the embedded derivative liability was calculated at grant date utilizing the following assumptions:
				Assumed	Market
				Conversion	Price on	Volatility	Risk-Free
	Grant Date	Fair Value	Term Yrs	Price	Grant Date	Percentage	Rate
	4/30/13	$1,517,737	1	$0.00	$0.00	780%	0.11%
	4/30/13	$252,956	1	$0.00	$0.00	780%	0.11%
	At June 30, 2014, the Company revalued the embedded derivative liability. For the period from the grant date to June 30, 2014, the balance of derivative liability of these two convertible notes were decreased by $532,928 to $1,200,000 and decreased by $88,221 to 700,000 respectively.
	The fair value of the embedded derivative liability was calculated at June 30, 2014 utilizing the following assumptions:
				Assumed
				Conversion	Volatility		Risk-Free
	Fair Value	Terms Years		Price	Percentage		Rate
	$700,000	0.01		$0.00	827%		0.02%
	$1,200,000	0.01		$0.00	827%		0.02%
	The carrying value of the Notes was $700,000 and $1,200,000, respectively, as of June 30, 2014, net of unamortized discount of $0 and $0, respectively. The company recorded amortization of the debt discount in the amount total of $280,000 during the six months ended June 30, 2014. The accrued interest related to this notes for the six months ended June 30, 2014 is $83,153 and $133,859 respectively.

Due_To_Related_Party_Disclosur

Due To Related Party Disclosure	3 Months Ended
	Jun. 30, 2014
Notes
Due To Related Party Disclosure	NOTE 4 DUE TO RELATED PARTY
	Due to related parties were $23,652 and $19,767 as of June 30, 2014 and December 31, 2013 respectively. The funds borrowed from the Company's former officer and stockholder were to fund the Company's daily operations.

Capital_Stock_Disclosure

Capital Stock Disclosure	3 Months Ended
	Jun. 30, 2014
Notes
Capital Stock Disclosure	NOTE 5 CAPITAL STOCK
	The Company is currently authorized to issue 5,000,000 Class A preferred shares with $0.001 per value with 1:25 voting rights. As of June 30, 2014, there was no Class A preferred shares issued and outstanding. The company is currently authorized to issue 1,000,000,000 common shares with $.001 par value per share.
	In March 2014, the Company issued 180,000,000 shares of common stock in consideration for the forgiveness of accrued salary.
	On April 17, 2013, the Company issued as compensation for services provided a total of 3,000,000 common shares with a fair value of $9,900 to a third party. The fair value of the shares was based on the price quoted on the OTC bulletin board on the grant date.
	On October 12, 2012, the Company signed a subscription agreement to issued 166,667 common shares in exchange of $5,000. As of December 31, 2013, 166,667 common shares to be issued are recorded. These 166,667 common shares were issued on February 13, 2013.
	On July 5, 2012, the Company issued 333,333 common shares in exchange of $10,000.
	On April 18, 2012, the Company executed a securities purchase agreement (the "Purchase Agreement") with Global Gold Incorporated, a corporation organized under the laws of the Province of British Columbia ("Global Gold") and the shareholders of Global Gold (the "Sellers"), pursuant to which the company acquired all of the issued and outstanding shares of the capital stock of Global Gold. The consideration (the "Purchase Price") paid by the company to the sellers was an aggregate of one hundred sixty-one million (161,000,000) shares of the company's common stock, par value $0.001 per share ( the "Common Stock"), of which one hundred eighteen million two hundred sixty-three thousand one hundred fifty-eight (118,263,158) shares of common stock payable to Thomas Brookes ("Brookes") and Matthew Sullivan ("Sullivan") were placed in escrow and will be released in accordance with the terms of an Escrow Agreement, described below. The purchase agreement also provided that Brookes and Sullivan will be appointed to the Board of Directors of the Company, and that each of Kenneth Stead, Timothy Stead, Brookes and Sullivan will vote their shares of stock of the company in favor of each other as directors so long as the parties maintain an ownership interest of at least five percent (5%) of the company's outstanding common stock and until the earlier of (i) eighteen (18) months from the date of the closing of the Global Gold transaction if the company has not received revenues of at least One Million Dollars ($1,000,000) from the production of the Ekom Eya mine in Ghana; or (ii) three (3) years from the date of the closing.
	On April 12, 2012, the company entered into an Escrow Agreement with Brookes, Sullivan and Gracin & Marlow, LLP, as escrow agent (the "Escrow Agreement"), pursuant to which the parties agreed that one hundred eighteen million two hundred sixty-three thousand one hundred fifty-eight (118,263,158) shares of common stock (the "Escrow Shares') will be released to Brookes and Sullivan if and when the company has received revenues of at least one million dollars ($1,000,000) from the production of the Ekom Eya mine in Ghana (the "Milestone"); provided, however, that if the Milestone is not achieved by the date that is two (2) years from the date of the Escrow Agreement, the escrow agent will release to the company for cancellation all of the Escrow Shares, unless otherwise agreed to by the company and Brookes and Sullivan.
	In connection with the purchase agreement, described below, the Company will issue to the sellers one hundred sixty-one million (161,000,000) shares of common stock. These securities will be issued in reliance on Section 4(2) of the securities act of 1933, as amended (the "Securities Act"). The issuance will not involve any general solicitation or advertising by us. The sellers acknowledged the existence of transfer restrictions applicable to the securities to be sold by us. Certificates representing the securities to be sold contain a legend stating the restrictions on transfer to which such securities are subject. The shares were recorded at $.10 per share, the price of the stock at the issuance date and date of contract. The $16,100,000 purchase price was immediately written off due to no future realization of cash flows and worthlessness.
	On February 27, 2014 the Purchase Agreement is terminated by executed a share exchange agreement (the "agreement") with Global Gold. The agreement provides in part that 118,263,158 shares of our common stock previously issued to Mr. Sullivan and Mr. Brookes be returned to the company and cancelled. In consideration for the delivery of the 118,263,158 shares of Kat Gold common stock, Kat Gold will deliver to Mr. Brookes and Mr. Sullivan all of the issued and outstanding shares of Global Gold owned by Kat Gold. A total of 42,736,842 shares of Kat Gold common stock previously issued to the minority shareholders of Global Gold shall remain issued and outstanding.

Loss_Per_Share_Disclosure

Loss Per Share Disclosure	3 Months Ended
	Jun. 30, 2014
Notes
Loss Per Share Disclosure	NOTE 6 LOSS PER SHARE
	Loss per share is computed by dividing the net income (loss) by the weighted average number of common shares outstanding during the period. Basic and diluted loss per share was ($0.00) and ($0.01) for the six months ended June 30, 2014 and 2013.

Income_Taxes_Disclosure

Income Taxes Disclosure	3 Months Ended
	Jun. 30, 2014
Notes
Income Taxes Disclosure	NOTE 7 INCOME TAXES
	At December 31, 2013, the Company had federal and state net operating loss carry forwards of approximately $152,740,402 that expires in 2033.
	Due to operating losses, there is no provision for current federal or state income taxes for the period ended December 31. 2013 or 2012. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amount used for federal or state income tax purpose.
	The Company's deferred tax asset at December 31, 2013 consists of a net operating loss calculated using federal and state effective tax rates equating to approximately $59,568,000 less a valuation allowance in the amount of approximately $59,568,000. Because of the Company's lack of earning history, the deferred tax asset has been fully offset be a valuation allowance. The measurement valuation allowance increased by $1,076,853 and $6,826,475 during the 2013 and 2012 periods respectively.
	The Company's total deferred tax asset as of December 31, 2013 is as follows:
	Deferred tax asset - gross	$59,568,000
	Valuation allowance	$59,568,000
	Net deferred tax used	--
	The reconciliation of income taxes computed at the federal and state statutory income tax rate to total income taxes for the periods ended December 31, 2013 and 2012 is as follows:
		2013	2012
	Income tax computed at the federal statutory rate	34%	34%
	Income tax computed at the state statutory rate	5%	5%
	Valuation allowance	-39%	-39%
	Total deferred tax asset	0%	0%

Supplemental_Cash_Flow_Informa

Supplemental Cash Flow Information Disclosure	3 Months Ended
	Jun. 30, 2014
Notes
Supplemental Cash Flow Information Disclosure	NOTE 8 SUPPLEMENTAL CASH FLOW INFORMATION
	Supplemental disclosures of cash flow information for the quarter ended June 30, 2014 and 2013 are summarized as follows:
	Cash paid during the years for interest and income taxes:
		2014		2013
	Income Taxes	$	--	$	--
	Interest	$	--	$	--

Commitments_and_Contingencies_

Commitments and Contingencies Disclosure	3 Months Ended
	Jun. 30, 2014
Notes
Commitments and Contingencies Disclosure	NOTE 9 COMMITMENTS AND CONTINGENCIES
	Certain of the Company’s officers and directors are involved in other related business activities and most likely will become involved in other business activities in the future.

Material_Contracts_Disclosure

Material Contracts Disclosure	3 Months Ended
	Jun. 30, 2014
Notes
Material Contracts Disclosure	NOTE 10 MATERIAL CONTRACTS
	On November 23, 2011, the Company entered into an asset purchase agreement by and between the Company and KATX. The Company acquired 100% of the mineral rights that KATX then held in and to the mineral properties Rusty Ridge, Collier’s, North Lucky and South Lucky, from KATX solely in exchange for 135,000,000 shares of the Company’s common stock.

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Jun. 30, 2014
Notes
Related Party Transactions	NOTE 11 RELATED PARTY TRANSACTIONS
	The Company has received support from a party related through common ownership and directorship. All of the expenses herein have been borne by this entity on behalf of the Company and the direct vendor payments are treated as capital contributions in the accompanying financial statements.

Material_Event_and_Employment_

Material Event and Employment Commitments	3 Months Ended
	Jun. 30, 2014
Notes
Material Event and Employment Commitments	NOTE 12 MATERIAL EVENT (PURCHASE OF EKOM MINE PROPERTY) AND EMPLOYMENT COMMITMENTS
	On April 18, 2012, the Company executed a Securities Purchase Agreement (the “Purchase Agreement”) with Global Gold Incorporated, a corporation organized under the laws of the Province of British Columbia (“Global Gold”), and the shareholders of Global Gold (the “Sellers”), pursuant to which the Company acquired all of the issued and outstanding shares of the capital stock of Global Gold. The consideration (the “Purchase Price”) paid by the Company to the Sellers was an aggregate of one hundred sixty-one million (161,000,000) shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), of which one hundred eighteen million two hundred sixty-three thousand one hundred fifty-eight (118,263,158) shares of Common Stock payable to Thomas Brookes (“Brookes”) and Matthew Sullivan (“Sullivan”) were placed in escrow and will be released in accordance with the terms of an Escrow Agreement, described below. The Purchase Agreement also provides that Brookes and Sullivan will be appointed to the Board of Directors of the Company, and that each of Kenneth Stead, Timothy Stead, Brookes and Sullivan will vote their shares of stock of the Company in favor of each other as directors so long as the parties maintain an ownership interest of at least five percent (5%) of the Company’s outstanding common stock and until the earlier of (i) eighteen (18) months from the date of the closing of the Global Gold transaction if the Company has not received revenues of at least One Million Dollars ($1,000,000) from the production of the Ekom Eya mine in Ghana; or (ii) three (3) years from the date of the closing.
	On April 18, 2012, the Company entered into an Escrow Agreement with Brookes, Sullivan and Gracin & Marlow, LLP, as escrow agent (the “Escrow Agreement”), pursuant to which the parties agreed that one hundred eighteen million two hundred sixty-three thousand one hundred fifty-eight (118,263,158) shares of Common Stock (the “Escrowed Shares”) will be released to Brookes and Sullivan if and when the Company has received revenues of at least One Million Dollars ($1,000,000) from the production of the Ekom Eya mine in Ghana (the “Milestone”); provided, however, that if the Milestone is not achieved by the date that is two (2) years from the date of the Escrow Agreement, the escrow agent will release to the Company for cancellation all of the Escrowed Shares, unless otherwise agreed to by the Company and Brookes and Sullivan.
	In connection with the Purchase Agreement, described below, the Company will issue to the Sellers one hundred sixty-one million (161,000,000) shares of Common Stock. These securities will be issued in reliance on Section 4(2) of the Securities Act of 1933, as amended (the “Securities Act”). The issuance will not involve any general solicitation or advertising by us. The Sellers acknowledged the existence of transfer restrictions applicable to the securities to be sold by us. Certificates representing the securities to be sold contain a legend stating the restrictions on transfer to which such securities are subject. The shares were recorded at $.10 per share, the price of the stock at the issuance date and date of contract. The $16,100,000 purchase price was immediately written off due to no future realization of cash flows and worthlessness. On February 27, 2014, the purchase agreement is terminated by executed a share exchange agreement (the "agreement') with Global Gold. The agreement provides in part that 118,263,158 shares of our common stock previously issued to Mr. Sullivan and Mr. Brookes be returned to the Company and cancelled. In consideration for the delivery of the 118,263,158 shares of Kat Gold common stock, Kat Gold will deliver to Mr. Brookes and Mr. Sullivan all of the issued and outstanding shares of Global Gold owned by Kat Gold. A total of 42,736,842 shares of Kat Gold common stock previously issued to the minority shareholders of Global Gold shall remain issued and outstanding.
	In connection with the Kenneth Stead Agreement, the Company issued to Mr. Stead as a sign-on bonus four million five hundred thousand (4,500,000) shares of Common Stock.
	In connection with the Kenneth Stead Employment Agreement, the Company issued to Mr. Stead one million five hundred thousand (1,500,000) shares of Series A convertible preferred stock upon the closing of the Global Gold transaction. On February 2014, the purchase agreement is terminated by executed a share exchange (the "agreement") with Global Gold. The company is no longer required to issue these series preferred stock to Mr. Stead.
	In connection with the Timothy Stead Employment Agreement, described below, the Company issued to Mr. Stead six hundred twenty thousand (620,000) shares of Series A convertible preferred stock upon the closing of the Global Gold transaction. On February 2014, the purchase agreement it terminated by executed a share exchange agreement (the "Agreement") with Global Gold. The company is no longer required to issue these Series A preferred stock to Mr. Stead.

Going_Concern_and_Uncertainty

Going Concern and Uncertainty	3 Months Ended
	Jun. 30, 2014
Notes
Going Concern and Uncertainty	NOTE 13 GOING CONCERN AND UNCERTAINTY
	The Company has suffered recurring losses from operations since inception. In addition, the Company has yet to generate an internal cash flow from its business operations. These factors raise substantial doubt as to the ability of the Company to continue as a going concern.
	Management’s plans with regard to these matters encompass the following actions: 1) to raise financing to enable it to continue its locate, explore and develop mineral properties as well as to generate working capital, and 2) to sell mineral properties that it has located, explored and developed by attempting to enter into joint ventures with, or to sell interests in any property it manages to develop to, a major mining company. The Company’s continued existence is dependent upon its ability to resolve its lack of liquidity and begin generating profits in its current business operations. However, the outcome of management’s plans cannot be ascertained with any degree of certainty. The accompanying financial statements do not include any adjustments that might result from the outcome of these risks and uncertainties.

Development_Stage_Risk

Development Stage Risk	3 Months Ended
	Jun. 30, 2014
Notes
Development Stage Risk	NOTE 14 DEVELOPMENT STAGE RISK
	Since its inception, the Company has been dependent upon the receipt of capital investment to fund its continuing activities. In addition to the normal risks associated with a new business venture, there can be no assurance that the Company’s business plan will be successfully executed. The Company’s ability to execute its business plan will depend on its ability to obtain additional financing and achieve a profitable level of operations. There can be no assurance that sufficient financing will be obtained. Further, the Company cannot give any assurance that it will generate substantial revenues or that its business operations will prove to be profitable.

Subsequent_Event

Subsequent Event	3 Months Ended
	Jun. 30, 2014
Notes
Subsequent Event	NOTE 15 SUBSEQUENT EVENT
	On October 27, 2014, a 1:2,000 reverse split has been approved by the corporation and shareholders but the process of FINRA approval and effectiveness has just begun. It is expected that the reverse would be effective somewhere around March 1, 2015.
	On January 5, 2015, the Company changed its name to RemSleep Holdings Inc.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies: Business Activity (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Business Activity	Business Activity
	REMSleep Holdings, Inc., f/k/a/ Kat Gold Holdings Corp. (the “Company”) was incorporated in the State of Nevada on June 6, 2007. Following its acquisition of Handcamp on June 4, 2010, a gold property located in the Province of Newfoundland and Labrador, Canada (“Handcamp”), the Company changed its business model to that of a mineral acquisition,  exploration and development company focused primarily on gold properties. On August 26, 2010, the Company’s name was changed from Bella Viaggio, Inc. to Kat Gold Holdings corp. As of this annual report, the Company has not generated any revenues but has incurred expenses related to the drilling and exploration of Handcamp. The Company has commenced exploratory drilling operations on the Handcamp property and sent core samples obtained for analysis.  The Company is currently awaiting the results of these core samples.
	The Company has not yet earned any revenue from operations. Accordingly, the Company’s activities have been accounted for as those of a “Development Stage Enterprise” as set forth in Financial Accounting Standards Board Statement ASC 915 (“FASB ASC 915”). Among the disclosures required by FASB ASC 915 are that the Company’s financial statements be identified as those of a development stage operation, and that the statements of operations, stockholders’ equity and cash flows disclose activity since the date of the Company’s inception.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies: Accounting Basis (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Accounting Basis	Accounting Basis
	The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted a December 31 fiscal year end.

Summary_of_Significant_Account3

Summary of Significant Accounting Policies: Use of Estimates (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Use of Estimates	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 estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

Summary_of_Significant_Account4

Summary of Significant Accounting Policies: Cash and Cash Equivalents Policy (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Cash and Cash Equivalents Policy	Cash and Cash Equivalents
	For purposes of the Statements of Cash Flows, the Company considers highly liquid investments with an original maturity of three months or less to be cash equivalents.

Summary_of_Significant_Account5

Summary of Significant Accounting Policies: Comprehensive Income Policy (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Comprehensive Income Policy	Comprehensive Income (Loss)
	The Company reports comprehensive income and its components following guidance set forth by section 220-10 of the FASB Accounting Standards Codification which establishes standards for the reporting and display of comprehensive income and its components in the consolidated financial statements. There were no items of comprehensive income (loss) applicable to the Company during the period covered in the financial statements.

Summary_of_Significant_Account6

Summary of Significant Accounting Policies: Long-lived Assets Policy (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Long-lived Assets Policy	Long-Lived Assets
	The Company evaluates the recoverability of its fixed assets and other assets in accordance with section 360-10-15 of the FASB Accounting Standards Codification for disclosures about Impairment or Disposal of Long-Lived Assets. Disclosure requires recognition of impairment of long-lived assets in the event the net book value of such assets exceeds its expected cash flows. If so, it is considered to be impaired and is written down to fair market value, which is determined based on either discounted future cash flows or appraised values. The company adopted the statement on inception. No impairments of these types of assets were recognized during the period ended June 2014.

Summary_of_Significant_Account7

Summary of Significant Accounting Policies: Advertising Costs Policy (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Advertising Costs Policy	Advertising Costs
	Advertising costs are expensed as incurred. The Company does not incur any direct-response advertising costs.

Summary_of_Significant_Account8

Summary of Significant Accounting Policies: Stock-based Compensation Policy (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Stock-based Compensation Policy	Stock-Based Compensation
	The Company accounts for stock-based compensation using the fair value method following the guidance set forth in section 718-10 of the FASB Accounting Standards Codification for disclosure about stock based compensation. This section requires a public entity to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recgnized over the period during which an employee is required to provide service in exchange for the award- the requisite service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the requisite service.

Summary_of_Significant_Account9

Summary of Significant Accounting Policies: Fair Value Measurement Policy (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Fair Value Measurement Policy	Fair Value for Financial Assets and Financial Liabilities
	The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification ("paragraph 820-10-35-37") to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs.
	The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below:
	Level 1: Quoted market prices available in active markets for identical assets and liabilities as of the reporting date.
	Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
	Level 3: Pricing inputs that are generally observable inputs and not corroborated by the market data.
	The carrying amounts of the company's financial assets and liabilities, such as cash, accounts receivable, rent deposit, accounts payable, customer deposits and notes payable approximate their fair values because of the short maturity of these instruments.
	The company's derivative liabilities related to convertible debt are measured at fair value on a recurring basis, using level 3 inputs. There were no assets or liabilities measured at fair value on a nonrecurring basis during the quarter ended June 30, 2014.
	Fair Value of Financial Statements
	The Company’s financial instruments consist of cash and security deposits. The carrying amount of these financial instruments approximates fair value due to either length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Recovered_Sheet1

Summary of Significant Accounting Policies: Loss Per Share Policy (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Loss Per Share Policy	Loss Per Share
	Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by the weighted average number of shares of common stock and potentially outstanding shares of common stock during each period. There were no potentially dilutive shares outstanding as of December 31, 2014 and 2013.

Recovered_Sheet2

Summary of Significant Accounting Policies: Income Taxes Policy (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Income Taxes Policy	Income Taxes
	Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax basic of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized. It is the company's policy to classify interest and penalties on income taxes as interest expense or penalties expense. As of December 31, 2013 there have been no interest or penalties incurred on income taxes.

Recovered_Sheet3

Summary of Significant Accounting Policies: Recent Accounting Pronouncements (Policies)	3 Months Ended
	Jun. 30, 2014
Policies
Recent Accounting Pronouncements	Recent Accounting Pronouncements
	In June 2014, the FASB issued ASU 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted for financial statements not yet issued. The Company adopted ASU 2014-10 since the quarter ended July 31, 2014, thereby no longer presenting or disclosing any information required by Topic 915.
	The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements will cause a material impact on its financial condition or the results of its operations.

Convertible_Notes_Payable_and_1

Convertible Notes Payable and Derivative Liabilities Related Party: Fair Value of the Embedded Derivative Liability, April 30, 2013 (Tables)	3 Months Ended
	Jun. 30, 2014
Tables/Schedules
Fair Value of the Embedded Derivative Liability, April 30, 2013
				Assumed	Market
				Conversion	Price on	Volatility	Risk-Free
	Grant Date	Fair Value	Term Yrs	Price	Grant Date	Percentage	Rate
	4/30/13	$1,517,737	1	$0.00	$0.00	780%	0.11%
	4/30/13	$252,956	1	$0.00	$0.00	780%	0.11%

Convertible_Notes_Payable_and_2

Convertible Notes Payable and Derivative Liabilities Related Party: Fair Value of the Embedded Derivative Liability, December 31, 2013 (Tables)	3 Months Ended
	Jun. 30, 2014
Tables/Schedules
Fair Value of the Embedded Derivative Liability, December 31, 2013
			Assumed
			Conversion	Volatility	Risk-Free
	Fair Value	Terms Years	Price	Percentage	Rate
	$700,000	0.01	$0.00	827%	0.02%
	$1,200,000	0.01	$0.00	827%	0.02%

Income_Taxes_Disclosure_Schedu

Income Taxes Disclosure: Schedule of Deferred Tax Assets (Tables)	3 Months Ended
	Jun. 30, 2014
Tables/Schedules
Schedule of Deferred Tax Assets
	Deferred tax asset - gross	$59,568,000
	Valuation allowance	$59,568,000
	Net deferred tax used	--

Income_Taxes_Disclosure_Schedu1

Income Taxes Disclosure: Schedule of Effective Income Tax Rate Reconciliation (Tables)	3 Months Ended
	Jun. 30, 2014
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation
		2013	2012
	Income tax computed at the federal statutory rate	34%	34%
	Income tax computed at the state statutory rate	5%	5%
	Valuation allowance	-39%	-39%
	Total deferred tax asset	0%	0%

Supplemental_Cash_Flow_Informa1

Supplemental Cash Flow Information Disclosure: Cash paid during the years for interest and income taxes (Tables)	3 Months Ended
	Jun. 30, 2014
Tables/Schedules
Cash paid during the years for interest and income taxes
		2014		2013
	Income Taxes	$	--	$	--
	Interest	$	--	$	--

Note_Payable_Disclosure_Detail

Note Payable Disclosure (Details) (Loan payable to individual, USD $)	Jun. 30, 2014	Jun. 30, 2013
Loan payable to individual
Note payable	$50,000
Accrued interest	$2,542	$1,917

Convertible_Notes_Payable_and_3

Convertible Notes Payable and Derivative Liabilities Related Party (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Apr. 30, 2013
Proceeds from convertible notes payable				$840,000
Interest rate per anum			9.90%
Carrying value of convertible notes	840,000		840,000		560,000
Unamortized debt discount	0		0		280,000
Amortization of debt discount	70,000	140,000	280,000	140,000
Convertible note 1
Proceeds from convertible notes payable				720,000
Fair value of the derivative liability	1,200,000		1,200,000			1,517,737
Decrease in derivative liability			532,928
Carrying value of convertible notes	700,000		700,000
Unamortized debt discount	0		0
Accrued interest	83,153		83,153
Convertible note 2
Proceeds from convertible notes payable				120,000
Fair value of the derivative liability	700,000		700,000			252,956
Decrease in derivative liability			88,221
Carrying value of convertible notes	1,200,000		1,200,000
Unamortized debt discount	0		0
Accrued interest	$133,859		$133,859

Due_To_Related_Party_Disclosur1

Due To Related Party Disclosure (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Details
Due to related party	$23,652	$19,767

Capital_Stock_Disclosure_Detai

Capital Stock Disclosure (Details) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2010
Class A preferred shares authorized	5,000,000	5,000,000
Class A preferred par value per share	0.001	$0.00
Common shares authorized	1,000,000,000	1,000,000,000
Common par value per share	0.001	$0.00
Common stock in consideration for the forgiveness of accrued salary
Shares of stock issued	180,000,000
Compensation for services
Common shares issued for compensation		3,000,000
Value of common shares issued for compensation		$9,900
Subscription agreement
Issuance of common shares		166,667
Issuance of common shares, value received			$5,000
Common stock issuable
Common shares to be issued (not yet issued)			10,000
Global Gold Incorporated
Common stock issued for acquisitions				161,000,000
Common shares cancelled and returned	118,263,158

Loss_Per_Share_Disclosure_Deta

Loss Per Share Disclosure (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Details
Basic and diluted loss per share	$0	$0.01	$0	$0.01

Income_Taxes_Disclosure_Detail

Income Taxes Disclosure (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Details
Net operating loss carry forward	$152,740,402
Increase in valuation allowance	$1,076,853	$6,826,475

Income_Taxes_Disclosure_Schedu2

Income Taxes Disclosure: Schedule of Deferred Tax Assets (Details) (USD $)	Dec. 31, 2013
Details
Deferred tax assets, gross	$59,568,000
Deferred tax assets, valuation allowance	$59,568,000

Income_Taxes_Disclosure_Schedu3

Income Taxes Disclosure: Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Details
Federal statutory rate	34.00%	34.00%
State statutory rate	5.00%	5.00%
Income tax rate, valuation allowance	-39.00%	-39.00%

Material_Contracts_Disclosure_

Material Contracts Disclosure (Details) (KATX)	12 Months Ended
	Dec. 31, 2011
KATX
Common stock issued for acquisitions	135,000,000

Material_Event_and_Employment_1

Material Event and Employment Commitments (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2010	Dec. 31, 2012
Global Gold Incorporated
Common stock issued for acquisitions		161,000,000
Common shares cancelled and returned	118,263,158
Kenneth Stead Agreement
Common shares issuable			4,500,000