| 3. SIGNIFICANT ACCOUNTING POLICIES | Basis of Presentation These financial statements and related
notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars.
The Company's fiscal year-end is December 31. 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 disclosure 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. Cash and Cash Equivalents The Company considers all highly liquid
instruments with maturity of three months or less at the time of issuance to be cash equivalents. As of September 30, 2015 and
December 31, 2014, the Company had no cash equivalents. Stock-based Compensation The Company accounts for stock-based
compensation issued to employees based on ASC Topic "Share Based Payment" which establishes standards for the accounting
for transactions in which an entity exchanges its equity instruments for goods or services. It also addresses transactions in which
an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity's equity instruments
or that may be settled by the issuance of those equity instruments. The Topic does not address the accounting
for employee share ownership plans, which are subject to AICPA Statement of Position 93-6, "Employers' Accounting for Employee
Stock Ownership Plans". It requires an 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 recognized 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). It further requires that the compensation
cost relating to share-based payment transactions be recognized in financial statements. That cost will be measured based on the
fair value of the equity or liability instruments issued. The scope of the Topic includes a wide range of share-based compensation
arrangements including share options, restricted share plans, performance-based awards, share appreciation rights, and employee
share purchase plans. As at September 30, 2015, the Company
had not adopted a stock option plan. Basic and Diluted Net Loss Per Share The Company computes net loss per share
in accordance with ASC 260, Earnings Per Share, which requires presentation of both basic and diluted earnings per share (EPS)
on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by
the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential
common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted
method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to
be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect
is anti dilutive. Income Taxes Potential benefits of income tax losses
are not recognized in the accounts until realization is more likely than not. The Company has adopted ASC 740, Income Taxes, as
of its inception. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward.
The potential benefits of net operating losses have not been recognized in these financial statements because the Company cannot
be assured it is more likely than not it will utilize the net operating losses carried forward in future years. Comprehensive Income ASC 220, Comprehensive Income, establishes
standards for the reporting and display of comprehensive incomeand its components in the financial statements. During the three
months ended September 30, 2015, the Company had comprehensive loss of $137 as a result of foreign currency transactions. Financial Instruments The Company adopted the FASB standard
related to fair value measurement at inception. The standard defines fair value, establishes a framework for measuring fair value
and expands disclosure of fair value measurements. The standard applies under other accounting pronouncements that require or permit
fair value measurements and, accordingly, does not require any new fair value measurements. The standard 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. As such, fair value is a market-based measurement that should be determined based on assumptions
that market participants would use in pricing an asset or liability. The recorded values of long-term debt approximate their fairvalues,
as interest approximates market rates. As a basis for considering such assumptions, the standard established a three-tier fair
value hierarchy, which prioritizes the inputs used in measuring fair value as follows.
Level 1. Observable inputs such as quoted prices in active markets;
Level 2. Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and
Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. The Company's financial instruments
are cash, accounts receivable, and accounts payable. The recorded values of cash, accounts receivable, and accounts payable approximate
their fair values based on their short-term nature. The following table presents assets
and liabilities within the fair value hierarchy utilized to measure fair value on a recurring basis as of September 30, 2015 and
December 31, 2014:
Description Level 1 Level 2 Level 3 Total Realized Loss
September 30, 2015 None $ - $ - $ - $ -
December 31, 2014 None $ - $ - $ - $ - Recently issued accounting pronouncements On November 2014, The Financial Accounting
Standards Board (FASB) issued Accounting Standard Update No. 2014-16Derivatives and Hedging (Topic 815): Determining Whether
the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity (a consensus
of the FASB Emerging Issues Task Force). The amendments in this Update do not change the current criteria in GAAP for determining
when separation of certain embedded derivative features in a hybrid financial instrument is required. That is, an entity will continue
to evaluate whether the economic characteristics and risks of the embedded derivative feature are clearly and closely related to
those of the host contract, among other relevant criteria. The amendments clarify how current GAAP should be interpreted in evaluating
the economic characteristics and risks of a host contract in a hybrid financial instrument that is issued in the form of a share.
The effects of initially adopting the amendments in this Update should be applied on a modified retrospective basis to existing
hybrid financial instruments issued in the form of a share as of the beginning of the fiscal year for which the amendments are
effective. Retrospective application is permitted to all relevant prior periods. On November 2014, The Financial Accounting
Standards Board (FASB) issued Accounting Standard Update No. 2014-17Business Combinations (Topic 805): Pushdown Accounting
(a consensus of the FASB Emerging Issues Task Force). The amendments in this Update provide an acquired entity with an option to
apply pushdown accounting in its separate financial statements upon occurrence of an event in which an acquirer obtains control
of the acquired entity. The amendments in this Update are effective on November 18, 2014. After the effective date, an acquired
entity can make an election to apply the guidance to future change-in-control events or to its most recent change-in-control event.
However, if the financial statements for the period in which the most recent change-in-control event occurred already have been
issued or made available to be issued, the application of this guidance would be a change in accounting principle. On August 2014, The Financial Accounting
Standards Board (FASB) issued Accounting Standard Update No. 2014-15, Presentation of Financial Statements Going Concerns
(Subtopic 205-40): Disclosures of Uncertainties about an Entity's Ability to Continue as a Going Concern. The amendments require
management to assess an entity's ability to continue as a going concern by incorporating and expanding upon certain principles
that are currently in U.S. auditing standards. Specifically, the amendments (1) provide a definition of the term substantial doubt,
(2) require an evaluation every reporting period including interim periods, (3) provide principles for considering the mitigating
effect of management's plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration
of management's plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6)
require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued).
The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim
periods thereafter. Early application is permitted. In June 2014, the Financial Accounting
Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-12, Compensation Stock Compensation (Topic 718):
Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite
Service Period. The new guidance requires that share-based compensation that require a specific performance target to be achieved
in order for employees to become eligible to vest in the awards and that could be achieved after an employee completes the requisite
service period be treated as a performance condition. As such, the performance target should not be reflected in estimating the
grant-date fair value of the award. Compensation costs should be recognized in the period in which it becomes probable that the
performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite
service has already been rendered. If the performance target becomes probable of being achieved before the end of the requisite
service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service
period. The total amount of compensation cost recognized during and after the requisite service period should reflect the number
of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service
period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target
is achieved. This new guidance is effective for fiscal years and interim periods within those years beginning after December 15,
2015. Early adoption is permitted. Entities may apply the amendments in this Update either (a) prospectively to all awards granted
or modified after the effective date or (b) retrospectively to all awards with performance targets that are outstanding as of the
beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. The
adoption of ASU 2014-12 is not expected to have a material impact on our financial position or results of operations. In June 2014, the FASB issued ASU No.
2014-10: Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment
to Variable Interest Entities Guidance in Topic 810, Consolidation , to improve financial reporting by reducing the cost and complexity
associated with the incremental reporting requirements of development stage entities. The amendments in this update remove all
incremental financial reporting requirements from U.S. GAAP for development stage entities, thereby improving financial reporting
by eliminating the cost and complexity associated with providing that information. The amendments in this Update also eliminate
an exception provided to development stage entities in Topic 810, Consolidation, for determining whether an entity is a variable
interest entity on the basis of the amount of investment equity that is at risk. The amendments to eliminate that exception simplify
U.S. GAAP by reducing avoidable complexity in existing accounting literature and improve the relevance of information provided
to financial statement users by requiring the application of the same consolidation guidance by all reporting entities. The elimination
of the exception may change the consolidation analysis, consolidation decision, and disclosure requirements for a reporting entity
that has an interest in an entity in the development stage. The amendments related to the elimination of inception-to-date information
and the other remaining disclosure requirements of Topic 915 should be applied retrospectively except for the clarification to
Topic 275, which shall be applied prospectively. For public companies, those amendments are effective for annual reporting periods
beginning after December 15, 2014, and interim periods therein. Early adoption is permitted. The adoption of ASU 2014-10 is not
expected to have a material impact on our financial position or results of operations. |
