Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended | |
Sep. 30, 2014 | Nov. 04, 2014 | |
Document and Entity Information | ' | ' |
Entity Registrant Name | 'CANNASYS INC | ' |
Document Type | '10-Q | ' |
Document Period End Date | 30-Sep-14 | ' |
Amendment Flag | 'false | ' |
Entity Central Index Key | '0001417028 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 10,834,755 |
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 | 'Q3 | ' |
Entity Incorporation, Date of Incorporation | 25-Aug-99 | ' |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
Current Assets: | ' | ' |
Cash and cash equivalents | $687,548 | $88,389 |
Prepaid expenses and other assets | ' | 1,685 |
Total Current Assets | 687,548 | 90,074 |
Total Assets | 687,548 | 90,074 |
Current Liabilities: | ' | ' |
Accounts payable | 16,080 | 10,000 |
Accrued expenses | 24,341 | 2,579 |
Due to related parties | 1,320 | ' |
Total Current Liabilities | 41,741 | 12,579 |
Total Liabilities | 41,741 | 12,579 |
Stockholders' Equity | ' | ' |
Preferred stock, $0.001 par value, 5,000,000 authorized as of September 30, 2014, and December 31, 2013; -0- and -0- shares issued and outstanding as of September 30, 2014 and December 31, 2013, respectively | ' | ' |
Common stock, $0.001 par value, 75,000,000 authorized as of September 30, 2014, and December 31, 2013; 10,398,088 and 3,960,000 shares issued and outstanding as of September 30, 2014, and December 31, 2013, respectively | 10,398 | 3,960 |
Additional paid-in capital | 1,860,770 | 106,028 |
Stock subscriptions payable | 252,000 | ' |
Accumulated deficit | -1,477,361 | -32,493 |
Total Stockholders' Equity | 645,807 | 77,495 |
Total Liabilities and Stockholders' Equity | $687,548 | $90,074 |
CONDENSED_BALANCE_SHEETS_PAREN
CONDENSED BALANCE SHEETS (PARENTHETICAL) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
Statement of Financial Position | ' | ' |
Common Stock, par or stated value | $0.00 | $0.00 |
Common Stock, shares authorized | 75,000,000 | 75,000,000 |
Common Stock, shares issued | 10,398,088 | 3,960,000 |
Common Stock, shares outstanding | 10,398,088 | 3,960,000 |
Preferred Stock, par or stated value | $0.00 | $0.00 |
Preferred Stock, shares authorized | 5,000,000 | 5,000,000 |
Preferred Stock, shares issued | 0 | 0 |
Preferred Stock, shares outstanding | 0 | 0 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations and Comprehensive Income (Loss) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
Income Statement | ' | ' | ' | ' |
Sales revenue | $1,627 | ' | $1,627 | ' |
Cost of goods sold | -1,832 | ' | -8,874 | ' |
Gross Profit | -205 | ' | -7,247 | ' |
Operating Expenses: | ' | ' | ' | ' |
Compensation expense | 1,012,500 | ' | 1,012,500 | ' |
Salary and wages expense | 85,898 | ' | 136,247 | ' |
General and administrative | 95,314 | ' | 131,184 | ' |
Research and development expense | 13,496 | ' | 157,690 | ' |
Total Operating Expenses | 1,207,208 | ' | 1,437,621 | ' |
Loss from Operations before income taxes | -1,207,413 | ' | -1,444,868 | ' |
Provision for income taxes | ' | ' | ' | ' |
Net loss | ($1,207,413) | ' | ($1,444,868) | ' |
Basic and diluted loss per common share | ($0.13) | ' | ($0.24) | ' |
Weighted average number of common shares outstanding | 9,065,217 | ' | 6,020,440 | ' |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 9 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | |
Cash flow from operating activities | ' | ' |
Net loss | ($1,444,868) | ' |
Change in operating assets and liabilities: | ' | ' |
Prepaids and other assets | 1,685 | ' |
Due to related parties | 1,320 | ' |
Accounts payable | 20,361 | ' |
Accrued expenses | 1,032,942 | ' |
Net cash used in operating activities | -388,560 | ' |
Cash flow provided by investing activities | ' | ' |
Cash acquired in merger between CannaSys and Thermal Tennis | 35,719 | ' |
Net cash provided by investing activities | 35,719 | ' |
Cash flow provided by financing activities | ' | ' |
Loan proceeds | 500,000 | ' |
Stock issued for cash | 200,000 | ' |
Proceeds from stock subscription payable | 252,000 | ' |
Net cash provided by financing activities | 952,000 | ' |
Net increase in cash | 599,159 | ' |
Cash at beginning of the period | 88,389 | ' |
Cash at end of the period | 687,548 | ' |
Supplemental Disclosures: | ' | ' |
Interest paid | ' | ' |
Income taxes paid | ' | ' |
Note_1_Nature_of_Organization_
Note 1. Nature of Organization and Summary of Significant Accounting Policies | 9 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 1. Nature of Organization and Summary of Significant Accounting Policies | ' |
Note 1. Nature of Organization and Summary of Significant Accounting Policies | |
Organization | |
Thermal Tennis Inc. was organized as a Nevada corporation on August 25, 1999. On August 15, 2014, we entered into an Agreement and Plan of Merger to combine our business and activities with CannaSys, Inc., a privately held Colorado corporation focused on providing services to the cannabis industry (“CannaSys”), into a single entity (the “Merger”). CannaSys was originally formed on October 4, 2013, as a limited liability company, and converted to a corporation on June 26, 2014. Under the terms of the merger agreement, our wholly owned subsidiary formed to effectuate the Merger was merged with and into CannaSys, the surviving entity, which then became our wholly owned subsidiary. By operation of the Merger, which was effective August 15, 2014, all of the CannaSys outstanding common stock was converted into a total of 6,000,000 shares of our common stock, which constitutes 57.70% of our total issued and outstanding common stock. Our shareholders prior to the merger retained an aggregate of 4,398,088 shares of common stock. We had no outstanding options or warrants to purchase shares of common stock. | |
Due to the CannaSys shareholders controlling Thermal Tennis after the Merger, CannaSys was considered the accounting acquirer. The transaction was therefore recognized as a reverse acquisition of Thermal Tennis by CannaSys. The accompanying consolidated financial statements are those of CannaSys for all periods prior to the Merger. | |
In connection with the closing of the Merger and after meeting the requirements of the Securities Exchange Act of 1934, as amended, on November 12, 2014, we filed amended and restated articles of incorporation with the Nevada Secretary of State that: (i) changed our name to CannaSys, Inc.; (ii) increased our authorized capital stock to 80,000,000 shares, consisting of 75,000,000 shares of common stock and 5,000,000 shares of preferred stock; (iii) authorized 5,000,000 shares of preferred stock; and (iv) made other modernizing, nonmaterial changes to our articles of incorporation. Changing the corporate name to CannaSys, Inc. was a condition to the Merger transaction. The name change better reflects the nature of our principal business operations and will become effective in the OTC market when FINRA announces the effective date of the name change. We are in the process of applying for a new CUSIP number and trading symbol. | |
Nature of Business | |
We provide technology services in the ancillary space of the cannabis industry. We are a technology company and we do not produce, sell, or handle in any manner cannabis products. | |
As the current cannabis industry grows and gains momentum around the country, technology needs for the industry have been largely underserved. Our focus on this niche element of the industry creates many efficient and profitable tools for both industry owners and consumers. | |
Our business consists of two product concepts—CannaTrade and CannaCash—that together serve the entire cannabis industry from grower-wholesaler to end-user. | |
CannaTrade is a technology to facilitate a wholesale marketplace for cannabis and its related products by serving as a mobile and web-based service where licensed producers and retailers can make a market-rate-based exchange. CannaTrade’s real-time trading platform will be unique to the industry and ultimately will create an efficient marketplace as more states legalize marijuana. | |
CannaCash will create a reward points system and dynamic gift card program for recreational and medical cannabis consumers as well as a private label gift card. The technology program will allow retailers to create loyalty programs that can be effectively managed and to reach a broader consumer base. CannaCash will also provide consumers with an efficient way to populate a card with cash value and begin using the points-based rewards program. | |
Basis of Preparation | |
The accompanying unaudited interim consolidated financial statements have been prepared on the same basis as the annual audited financial statements and in accordance with accounting principles generally accepted in the United States for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements. In the opinion of management, such unaudited information includes all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of this interim information. All intercompany transactions have been eliminated in consolidation. Operating results and cash flows for interim periods are not necessarily indicative of results that can be expected for the entire year. The information included in this report should be read in conjunction with our audited financial statements and notes thereto included in Exhibit 99.01 of Form 8-K filed August 21, 2014. | |
Principles of Consolidation | |
The accompanying consolidated financial statements include the accounts and transactions of CannaSys, the accounting acquirer, from the date of its inception on October 4, 2013, and refer to the consolidated entity after taking the Merger transaction into effect. | |
Going Concern | |
The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying consolidated financial statements, we have a limited operating history and have suffered operating losses since our inception (October 4, 2013). These factors, among others, raise substantial doubt regarding our ability to continue as a going concern. | |
Since inception, we have relied upon our officers and certain shareholders to contribute capital to maintain our limited operations. We cannot assure that we will be successful in raising additional capital, if required, to continue our operations. | |
Our consolidated financial statements do not include any adjustments relating to the recoverability and classification of assets and/or liabilities that might be necessary should we be unable to continue as a going concern. Our continuation as a going concern is dependent upon our ability to meet our obligations on a timely basis and, ultimately, to attain profitability. | |
Use of Estimates | |
The preparation of financial statements in accordance with generally accepted accounting principles permits management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |
Cash and Cash Equivalents | |
We consider all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents. We had no financial instruments that qualified as cash equivalents. | |
Fair Value of Financial Instruments | |
The carrying amounts of cash and current liabilities approximate fair value because of the short-term maturity of these items. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect these estimates. We do not hold or issue financial instruments for trading purposes and we do not use derivative instruments. | |
The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. It also requires disclosure about how fair value is determined for assets and liabilities and establishes a hierarchy for which these assets and liabilities must be grouped, based on significant levels of inputs as follows: | |
· Level 1: Quoted prices in active markets for identical assets or liabilities. | |
· Level 2:Quoted prices in active markets for similar assets and liabilities and inputs that are observable for the asset or liability. | |
· Level 3:Unobservable inputs in which there is little or no market data, which requires the reporting entity to develop its own assumptions. | |
The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement. | |
Earnings (Loss) per Common Share | |
We report earnings (loss) per share using a dual presentation of basic and diluted earnings (loss) per share. Basic earnings (loss) per share excludes the impact of common stock equivalents. Diluted earnings (loss) per share uses the average market price per share when applying the treasury stock method in determining common stock equivalents. At September 30, 2014 and 2013, there were no variances between the basic and diluted loss per share as there were no potentially dilutive securities outstanding. | |
Income Taxes | |
We account for income taxes as required by the Income Tax Topic of the FASB ASC, which requires recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. | |
We have analyzed filing positions in all of the federal and state jurisdictions where we are required to file income tax returns, as well as all open tax years in these jurisdictions. We have identified our federal tax return and our state tax return in Colorado as “major” tax jurisdictions, as defined. We are not currently under examination by the Internal Revenue Service or any other jurisdiction. We believe that our income tax filing positions and deductions will be sustained on audit and do not anticipate any adjustments that will result in a material adverse effect on our financial condition, results of operations, or cash flow. Therefore, no reserves for uncertain income tax positions have been recorded. | |
Stock-based Compensation | |
Stock-based compensation is accounted for under ASC 718, “Share-Based Payment,” using the modified prospective method. ASC 718 requires the recognition of the cost of employee services received in exchange for an award of equity instruments in the financial statements and is measured based on the grant date fair value of the award. ASC 718 also requires the stock option compensation expense to be recognized over the period during which an employee is required to provide service in exchange for the award (generally the vesting period). | |
Fiscal Year-end | |
We operate on a December 31 year-end. |
Note_2_Relatedparty_Transactio
Note 2. Related-party Transactions | 9 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 2. Related-party Transactions | ' |
Note 2. Related-party Transactions | |
During the year ended December 31, 2013, F-Squared Enterprises LLC contributed $7,488 in equity to us for working capital. F-Squared Enterprises LLC is owned 100% by Brandon Jennewine, who serves as our president, chief executive officer and a director. Daniel J. Rogers, who serves as our vice president, secretary/treasurer, and chief financial officer, also contributed $2,500 in equity to us. |
Note_3_Equity_Transactions
Note 3. Equity Transactions | 9 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 3. Equity Transactions | ' |
Note 3. Equity Transactions | |
B44 LLC contributed $100,000 in equity to us during the year ended December 31, 2013, and another $100,000 in equity during both the quarter ended March 31, 2014, and during the quarter ended June 30, 2014. B44 LLC is not a related party. | |
In connection with the Merger consummated on or about August 15, 2014, we issued a total of 6,000,000 unregistered shares of common stock to a total of 17 persons in exchange for 100% of the issued and outstanding shares of CannaSys Inc. | |
The shares were issued in all of the foregoing transactions in reliance on the exemption from Securities Act registration set forth in Section 4(a)(2) of the Securities Act for transactions not involving any public offering. All of the investors either were “accredited” as defined in Rule 501(a) of Regulation D or were sophisticated investors able to bear the risk of the investment. Each investor confirmed the foregoing and acknowledged that the securities must be acquired and held for investment in writing. All certificates evidencing the shares sold bear a restrictive legend. No underwriter participated in the offer and sale of these securities. |
Note_4_Income_Taxes
Note 4. Income Taxes | 9 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 4. Income Taxes | ' |
Note 4. Income Taxes | |
We have incurred net operating losses since inception resulting in a deferred tax asset, for which we have made an allowance; therefore, the net benefit and expense resulted in no income tax provision. |
Note_5_Subsequent_Events
Note 5. Subsequent Events | 9 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 5. Subsequent Events | ' |
Note 5. Subsequent Events | |
On or about October 23, 2014, we issued 436,667 unregistered shares of common stock to a total of 12 persons for $252,000. The shares were issued in reliance on the exemption from Securities Act registration set forth in Section 4(a)(2) of the Securities Act for transactions not involving any public offering. Although the shares were issued in October 2014, the capital is reflected on our September 30, 2014 balance sheet as stock subscription payable. | |
On November 12, 2014, we filed amended and restated articles of incorporation with the Nevada Secretary of State that: (i) changed our name to CannaSys, Inc.; (ii) increased our authorized capital stock to 80,000,000 shares, consisting of 75,000,000 shares of common stock, par value $0.001, and 5,000,000 shares of preferred stock, par value $0.001, (iii) authorized 5,000,000 shares of preferred stock, par value $0.001, and (iv) made other modernizing, nonmaterial changes to our articles of incorporation. Changing the corporate name to CannaSys, Inc. was a condition to the Merger transaction. The name change better reflects the nature of our principal business operations and will become effective in the OTC market when FINRA announces the effective date of the name change. We are in the process of applying for a new CUSIP number and trading symbol. | |
On November 12, 2014, Robert Deller resigned as a director and Daniel J. Rogers was appointed as a director to fill the resulting vacancy, to serve until his successor is duly elected and qualified. Mr. Rogers currently serves as our chief financial officer, secretary, and treasurer, and Brandon C. Jennewine serves as our chief executive officer, president, and director. |
Note_1_Nature_of_Organization_1
Note 1. Nature of Organization and Summary of Significant Accounting Policies (Policies) | 9 Months Ended |
Sep. 30, 2014 | |
Policies | ' |
Basis of Preparation | ' |
Basis of Preparation | |
The accompanying unaudited interim consolidated financial statements have been prepared on the same basis as the annual audited financial statements and in accordance with accounting principles generally accepted in the United States for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements. In the opinion of management, such unaudited information includes all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of this interim information. All intercompany transactions have been eliminated in consolidation. Operating results and cash flows for interim periods are not necessarily indicative of results that can be expected for the entire year. The information included in this report should be read in conjunction with our audited financial statements and notes thereto included in Exhibit 99.01 of Form 8-K filed August 21, 2014. | |
Principles of Consolidation | ' |
Principles of Consolidation | |
The accompanying consolidated financial statements include the accounts and transactions of CannaSys, the accounting acquirer, from the date of its inception on October 4, 2013, and refer to the consolidated entity after taking the Merger transaction into effect. | |
Going Concern | ' |
Going Concern | |
The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying consolidated financial statements, we have a limited operating history and have suffered operating losses since our inception (October 4, 2013). These factors, among others, raise substantial doubt regarding our ability to continue as a going concern. | |
Since inception, we have relied upon our officers and certain shareholders to contribute capital to maintain our limited operations. We cannot assure that we will be successful in raising additional capital, if required, to continue our operations. | |
Our consolidated financial statements do not include any adjustments relating to the recoverability and classification of assets and/or liabilities that might be necessary should we be unable to continue as a going concern. Our continuation as a going concern is dependent upon our ability to meet our obligations on a timely basis and, ultimately, to attain profitability. | |
Use of Estimates | ' |
Use of Estimates | |
The preparation of financial statements in accordance with generally accepted accounting principles permits management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |
Cash and Cash Equivalents | ' |
Cash and Cash Equivalents | |
We consider all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents. We had no financial instruments that qualified as cash equivalents. | |
Fair Value of Financial Instruments | ' |
Fair Value of Financial Instruments | |
The carrying amounts of cash and current liabilities approximate fair value because of the short-term maturity of these items. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect these estimates. We do not hold or issue financial instruments for trading purposes and we do not use derivative instruments. | |
The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. It also requires disclosure about how fair value is determined for assets and liabilities and establishes a hierarchy for which these assets and liabilities must be grouped, based on significant levels of inputs as follows: | |
· Level 1: Quoted prices in active markets for identical assets or liabilities. | |
· Level 2:Quoted prices in active markets for similar assets and liabilities and inputs that are observable for the asset or liability. | |
· Level 3:Unobservable inputs in which there is little or no market data, which requires the reporting entity to develop its own assumptions. | |
The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement. | |
Earnings (loss) Per Common Share | ' |
Earnings (Loss) per Common Share | |
We report earnings (loss) per share using a dual presentation of basic and diluted earnings (loss) per share. Basic earnings (loss) per share excludes the impact of common stock equivalents. Diluted earnings (loss) per share uses the average market price per share when applying the treasury stock method in determining common stock equivalents. At September 30, 2014 and 2013, there were no variances between the basic and diluted loss per share as there were no potentially dilutive securities outstanding. | |
Income Taxes | ' |
Income Taxes | |
We account for income taxes as required by the Income Tax Topic of the FASB ASC, which requires recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. | |
We have analyzed filing positions in all of the federal and state jurisdictions where we are required to file income tax returns, as well as all open tax years in these jurisdictions. We have identified our federal tax return and our state tax return in Colorado as “major” tax jurisdictions, as defined. We are not currently under examination by the Internal Revenue Service or any other jurisdiction. We believe that our income tax filing positions and deductions will be sustained on audit and do not anticipate any adjustments that will result in a material adverse effect on our financial condition, results of operations, or cash flow. Therefore, no reserves for uncertain income tax positions have been recorded. | |
Stock-based Compensation | ' |
Stock-based Compensation | |
Stock-based compensation is accounted for under ASC 718, “Share-Based Payment,” using the modified prospective method. ASC 718 requires the recognition of the cost of employee services received in exchange for an award of equity instruments in the financial statements and is measured based on the grant date fair value of the award. ASC 718 also requires the stock option compensation expense to be recognized over the period during which an employee is required to provide service in exchange for the award (generally the vesting period). | |
Fiscal Year-end | ' |
Fiscal Year-end | |
We operate on a December 31 year-end. |
Note_1_Nature_of_Organization_2
Note 1. Nature of Organization and Summary of Significant Accounting Policies (Details) | 9 Months Ended | 1 Months Ended | 9 Months Ended | ||||
Sep. 30, 2014 | Nov. 12, 2014 | Aug. 14, 2014 | Dec. 31, 2013 | Nov. 12, 2014 | Aug. 31, 2014 | Sep. 30, 2014 | |
Subsequent Event | Common Stock | Common Stock | |||||
Entity Incorporation, Date of Incorporation | 25-Aug-99 | ' | ' | ' | ' | ' | ' |
CannaSys outstanding common stock converted upon merger | ' | ' | ' | ' | ' | ' | 6,000,000 |
CannaSys outstanding common stock, percent of shares acquired upon merger | ' | ' | ' | ' | ' | 57.70% | ' |
Common Stock, shares outstanding | 10,398,088 | ' | 4,398,088 | 3,960,000 | ' | ' | ' |
Options, Outstanding | ' | ' | 0 | ' | ' | ' | ' |
Warrants, Outstanding | ' | ' | 0 | ' | ' | ' | ' |
Authorized Capital Stock | ' | 80,000,000 | ' | ' | ' | ' | ' |
Common Stock, shares authorized | 75,000,000 | ' | ' | 75,000,000 | 75,000,000 | ' | ' |
Preferred Stock, shares authorized | 5,000,000 | ' | ' | 5,000,000 | 5,000,000 | ' | ' |
Note_1_Nature_of_Organization_3
Note 1. Nature of Organization and Summary of Significant Accounting Policies: Earnings (loss) Per Common Share (Details) | 9 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | |
Details | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 0 | 0 |
Note_2_Relatedparty_Transactio1
Note 2. Related-party Transactions (Details) (USD $) | 12 Months Ended |
Dec. 31, 2013 | |
Chief Executive Officer's ownership percentage of entity | 100.00% |
F-Squared Enterprises LLC | ' |
Equity Contribution for Working Capital | $7,488 |
Chief Executive Officer | ' |
Equity Contribution for Working Capital | $2,500 |
Note_3_Equity_Transactions_Det
Note 3. Equity Transactions (Details) (USD $) | Dec. 31, 2013 | Sep. 30, 2014 | Sep. 30, 2014 | Jun. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2013 |
CannaSys, LLC | Common Stock | B44 | B44 | B44 | ||
Equity Contribution for Working Capital | ' | ' | ' | $100,000 | $100,000 | $100,000 |
Common Shares Issued In Connection with the Merger | ' | ' | 6,000,000 | ' | ' | ' |
Percentage of Issued and Outstanding Shares acquired in Merger | 100.00% | 100.00% | ' | ' | ' | ' |
Note_4_Income_Taxes_Details
Note 4. Income Taxes (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
Details | ' | ' | ' | ' |
Provision for income taxes | ' | ' | ' | ' |
Note_5_Subsequent_Events_Detai
Note 5. Subsequent Events (Details) (USD $) | Nov. 12, 2014 | Sep. 30, 2014 | Dec. 31, 2013 | Nov. 12, 2014 | Oct. 23, 2014 |
Subsequent Event | Subsequent Event | ||||
Common Stock | |||||
Number of Unregistered Shares Issued | ' | ' | ' | ' | 436,667 |
Value of Unregistered Shares Issued | ' | ' | ' | ' | $252,000 |
Authorized Capital Stock | 80,000,000 | ' | ' | ' | ' |
Common Stock, shares authorized | ' | 75,000,000 | 75,000,000 | 75,000,000 | ' |
Common Stock, par or stated value | ' | $0.00 | $0.00 | $0.00 | ' |
Preferred Stock, shares authorized | ' | 5,000,000 | 5,000,000 | 5,000,000 | ' |