Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended | |
Aug. 31, 2014 | Jul. 16, 2014 | |
Document and Entity Information [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | FALSE | |
Document Period End Date | 31-Aug-14 | |
Entity Registrant Name | UNWALL INTERNATIONAL INC | |
Entity Central Index Key | 1423586 | |
Current Fiscal Year End Date | -19 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2014 | |
Entity Filer Category | Smaller Reporting Company | |
Entity Units Outstanding | 23,818,046 |
CONDENSED_CONSOLIDATED_BALANCE
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) | Aug. 31, 2014 | Nov. 30, 2013 |
Current Assets: | ||
Cash | ||
Total current assets | ||
Total Assets | ||
Current Liabilities: | ||
Accounts payable | 16,480 | 17,140 |
Due to shareholder | 132,668 | 96,767 |
Total liabilities | 149,148 | 113,907 |
Commitments and contingencies | ||
Shareholders' Deficit: | ||
Preferred stock - Class A - authorized, 100,000,000 shares of $.001 par value; issued and outstanding, 750,000 | 750 | 750 |
Common stock - authorized, 100,000,000 shares of $.001 par value; issued and outstanding, 23,818,046 | 23,818 | 23,818 |
Capital in excess of par value | 6,793,041 | 6,793,041 |
Accumulated deficit | -6,966,757 | -6,931,516 |
Accumulated other comprehensive loss | ||
Total shareholders deficit | -149,148 | -113,907 |
Total Liabilities and Shareholders' Deficit |
CONDENSED_CONSOLIDATED_BALANCE1
CONDENSED CONSOLIDATED BALANCE SHEETS (PARENTHETICALS) (USD $) | Aug. 31, 2014 | Nov. 30, 2013 |
CONDENSED CONSOLIDATED BALANCE SHEETS [Abstract] | ||
Preferred Stock, shares authorized | 100,000,000 | 100,000,000 |
Preferred Stock, par value per share | $0.00 | $0.00 |
Preferred stock, shares issued | 750,000 | 750,000 |
Preferred stock, shares outstanding | 750,000 | 750,000 |
Common Stock, shares authorized | 100,000,000 | 100,000,000 |
Common Stock, par value per share | $0.00 | $0.00 |
Common Stock, shares issued | 23,818,046 | 23,818,046 |
Common Stock, shares outstanding | 23,818,046 | 23,818,046 |
CONDENSED_CONSOLIDATED_STATEME
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) | 3 Months Ended | 9 Months Ended | ||
Aug. 31, 2014 | Aug. 31, 2013 | Aug. 31, 2014 | Aug. 31, 2013 | |
Expenses: | ||||
Selling and Administrative Expenses | $23,241 | $15,780 | $35,241 | $37,590 |
Operating loss from continuing operations | -23,241 | -15,780 | -35,241 | -37,590 |
Operating loss from discontinued operations | -636 | -106,432 | ||
Net loss | -23,241 | -16,416 | -35,241 | -144,022 |
Currency rate changes -discontinued operations | 10,138 | 11,509 | ||
Total loss from continuing operations | -23,241 | -15,780 | -35,241 | -37,590 |
Total comprehensive loss from discontinued operations | 9,502 | -94,923 | ||
Total comprehensive loss | ($23,241) | ($6,278) | ($35,241) | ($132,513) |
Loss Per Share - | ||||
Basic and Diluted | ||||
Weighted average number of common shares Outstanding | 23,818,046 | 23,818,046 | 23,818,046 | 23,818,046 |
CONDENSED_CONSOLIDATED_STATEME1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) | 9 Months Ended | |
Aug. 31, 2014 | Aug. 31, 2013 | |
CASH FLOWS FROM OPERATIONS: | ||
Net loss | ($35,241) | ($37,590) |
Adjustments required to reconcile net loss to net cash consumed by operating activities: | ||
Depreciation | 761 | |
Changes in assets and liabilities: | ||
(Decrease) Increase in accounts payable | -660 | 1,565 |
Net Cash Consumed by Operating Activities of continuing operation | -35,901 | -35,264 |
Net Cash Consumed by Operating Activities of discontinued operations | -103,314 | |
Net Cash Consumed by Operating Activities | -35,901 | -138,578 |
CASH FLOWS USED FROM INVESTING ACTIVITIES: | ||
Net Cash Consumed by Investing Activities of continuing operation | ||
Net Cash Consumed by Investing Activities of discontinued operations | -1,301 | |
Net Cash Consumed by Investing Activities | -1,301 | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Proceeds from shareholder loans | 35,901 | 36,025 |
Net Cash Provided by Financing Activities of continuing operations | 35,901 | 36,025 |
Net Cash Provided by Financing Activities of discontinued operations | 93,858 | |
Net Cash Provided by Financing Activities | 35,901 | 129,883 |
Effect on cash of currency rate changes | ||
Discontinued operations | -173 | |
Net increase (decrease) in cash | -10,169 | |
Cash balance, beginning of period | 10,169 | |
Cash balance, end of period |
BASIS_OF_PRESENTATION
BASIS OF PRESENTATION | 9 Months Ended |
Aug. 31, 2014 | |
BASIS OF PRESENTATION [Abstract] | |
BASIS OF PRESENTATION | 1.BASIS OF PRESENTATION |
The unaudited interim financial statements of Unwall International, Inc. (the “Company”) as of August 31, 2014 and for the three and nine month periods then ended have been prepared in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, such information contains all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of such periods. The results of operations for the nine month period ended August 31, 2014 are not necessarily indicative of the results to be expected for the full fiscal year ending November 30, 2014. The Company was a "shell" company as defined by SEC Rule 12b-2 until it began development stage operations on September 1, 2012. The Company was a development stage entity through May 31, 2013 when it discontinued development operations and reverted back to “shell” status. | |
Certain information and disclosures normally included in the notes to financial statements have been condensed or omitted as permitted by the rules and regulations of the Securities and Exchange Commission, although the Company believes the disclosure is adequate to make the information presented not misleading. The accompanying unaudited financial statements should be read in conjunction with the financial statements of the Company for the fiscal year ended November 30, 2013. |
SUPPLEMENTAL_CASH_FLOWS_INFORM
SUPPLEMENTAL CASH FLOWS INFORMATION | 9 Months Ended |
Aug. 31, 2014 | |
SUPPLEMENTAL CASH FLOWS INFORMATION [Abstract] | |
SUPPLEMENTAL CASH FLOWS INFORMATION | 2.SUPPLEMENTAL CASH FLOWS INFORMATION |
There was no cash paid for either interest or income taxes during either of the periods presented. There were no non-cash investing or financing activities during either of the periods presented. |
GOING_CONCERN
GOING CONCERN | 9 Months Ended |
Aug. 31, 2014 | |
GOING CONCERN [Abstract] | |
GOING CONCERN | 3.GOING CONCERN |
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As shown in the financial statements, the Company has experienced continued losses, has a working capital deficiency of $149,148, has an accumulated deficit of $6,966,757 and does not presently have sufficient resources to accomplish its objectives during the next twelve months. The Company has closed its Malaysian operating subsidiary and its social lending division which together incurred substantial development costs. These factors raise substantial doubt about the ability of the Company to continue as a going concern. The financial statements do not include adjustments relating to the recoverability of assets and classification of liabilities that might be necessary should the Company be unable to continue in operation. The Company's present plans, the realization of which cannot be assured, are to raise necessary funds through shareholder loans. |
CONTINGENCY
CONTINGENCY | 9 Months Ended |
Aug. 31, 2014 | |
CONTINGENCY [Abstract] | |
CONTINGENCY | 4. CONTINGENCY |
The Company does not carry insurance. |
SHAREHOLDER_LOANS
SHAREHOLDER LOANS | 9 Months Ended |
Aug. 31, 2014 | |
SHAREHOLDER LOANS [Abstract] | |
SHAREHOLDER LOANS | 5. SHAREHOLDER LOANS |
The shareholder loans are non-interest bearing demand loans. |
PRINCIPLE_OF_CONSOLIDATION
PRINCIPLE OF CONSOLIDATION | 9 Months Ended |
Aug. 31, 2014 | |
PRINCIPLE OF CONSOLIDATION [Abstract] | |
PRINCIPLE OF CONSOLIDATION | 6.PRINCIPLE OF CONSOLIDATION |
The consolidated financial statements represent the combined results of Unwall International, Inc. and its wholly owned subsidiary, Unwall Technologies Holdings, SdnGhd. All intercompany balances have been eliminated. |
DISCONTINUED_OPERATIONS
DISCONTINUED OPERATIONS | 9 Months Ended |
Aug. 31, 2014 | |
DISCONTINUED OPERATIONS [Abstract] | |
DISCONTINUED OPERATIONS | 7.DISCONTINUED OPERATIONS |
The Company began development stage activities through its wholly owned Malaysian subsidiary, Unwall Technologies Holdings, SdnGhd. on September 1, 2012. Operations of the Malaysian subsidiary effectively ceased on May 31, 2013, and closed by August 31, 2013. The equipment and software owned by this subsidiary had no material value and were either abandoned or given to employees. Unwall International has assumed responsibility for any remaining accounts payable of the subsidiary. A planned social lending division was terminated with no viable development before October 31, 2013. |
FOREIGN_CURRENCY_TRANSACTIONS
FOREIGN CURRENCY TRANSACTIONS | 9 Months Ended |
Aug. 31, 2014 | |
FOREIGN CURRENCY TRANSACTIONS [Abstract] | |
FOREIGN CURRENCY TRANSACTIONS | 8.FOREIGN CURRENCY TRANSACTIONS |
Unwall Technologies Holdings Sdn Ghd operated as an independent business unit in Malaysia; its functional currency was the Malaysian Ringit. Currency translation adjustments are included in comprehensive income of discontinued operations. The subsidiary is currently inactive. | |
The Company does not engage in hedging transactions to offset the risk of exchange rate fluctuations. |
GOING_CONCERN_Details
GOING CONCERN (Details) (USD $) | Aug. 31, 2014 | Nov. 30, 2013 |
GOING CONCERN [Abstract] | ||
Working capital deficiency | $149,148 | |
Accumulated deficit | $6,966,757 | $6,931,516 |