Cuentas (CUEN) 10-K/A 3 Jun 16 2013 FY Annual report (amended) Financial data

Document and Entity Information

Document and Entity Information - USD ($)	3 Months Ended
	Sep. 30, 2013	Jan. 14, 2014	Mar. 28, 2013
Document And Entity Information
Entity Registrant Name	NEXT Group Holdings, Inc.
Entity Central Index Key	1,424,657
Document Type	10-K
Document Period End Date	Sep. 30, 2013
Amendment Flag	true
Current Fiscal Year End Date	--09-30
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 726,936
Entity Common Stock, Shares Outstanding		119,902,417
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,013
Amendment description	Amendment #2

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($)	Sep. 30, 2013	Jul. 14, 2013
Current Assets
Cash	$ 4,658	$ 0
Prepaid expense	7,010
Total Current Assets	11,668
Total Assets	11,668
Current Liabilities
Accrued payable & accrued expense	23,915
Accrued interest	9,366
Accrued salary	37,500
Convertible notes payable, , net of debt discount	128,464
Derivative liability	645,418
Total Current Liabilities	844,663
Total Liabilities	844,663
Stockholders' Deficit
Stock payable	48,300
Preferred Stock, authorized 10,000,000 shares, series A, $0.001 par value, 10,000,000 issued and outstanding as of September 30, 2013	10,000
Common Stock, authorized 750,000,000 shares, $0.001 par value, 74,206,359 issued and outstanding as of September 30, 2013	74,206
Additional Paid in Capital	(392,007)
Accumulated Deficit	(573,494)
Total Stockholders' Deficit	(832,995)	$ 0
Total Liabilities and Stockholders' Deficit	$ 11,668

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical)	Sep. 30, 2013$ / sharesshares
Preferred stock, par or stated value | $ / shares	$ 0.001
Preferred stock, shares authorized	10,000,000
Preferred stock, shares issued	10,000,000
Preferred stock, shares outstanding	10,000,000
Common stock, par value | $ / shares	$ 0.001
Common stock, shares authorized	750,000,000
Common stock, shares issued	74,206,359
Common stock, shares outstanding	74,206,359
Series A Preferred Stock
Preferred stock, par or stated value | $ / shares	$ 0.001
Preferred stock, shares authorized	10,000,000
Preferred stock, shares issued	10,000,000
Preferred stock, shares outstanding	10,000,000

Consolidated Statement Of Opera

Consolidated Statement Of Operations	3 Months Ended
	Sep. 30, 2013USD ($)$ / sharesshares
Income
Total Revenue	$ 0
Cost of Revenue	15,553
Gross Profit	(15,553)
Operating Expenses
Professional services	28,586
Officer compensation	37,500
General and administrative expense	87,264
Total Operating Expenses	153,350
Net Operating Loss	(153,350)
Other Income (Expense)
Interest expense	(9,366)
Other income	62
Change in fair value of embedded derivative liability	(114,191)
Derivative expense	(281,096)
Total Income (Expenses)	(404,591)
Loss before Taxes	(573,494)
Tax provisions	0
Net Loss	$ (573,494)
Earnings (loss) per share
Basic | $ / shares	$ 0
Weighted average number of shares outstanding | shares	427,123,570

Consolidated Statements Of Stoc

Consolidated Statements Of Stockholders' Equity (Deficit) - 3 months ended Sep. 30, 2013 - USD ($)	Preferred Stock	Common Stock	Stock Payable	Additional Paid-in Capital	Retained Deficit	Total
Balance, shares at Jul. 14, 2013	0	87,206,359
Balance, amount at Jul. 14, 2013	$ 0	$ 87,206	$ 0	$ (87,206)	$ 0	$ 0
Common shares returned from shareholder, shares	0	(13,000,000)
Common shares returned from shareholder, amount	$ 0	$ (13,000)		13,000
Recapitalization pursuant to share exchange with Pleasant Kids,Inc., shares	10,000,000	0
Recapitalization pursuant to share exchange with Pleasant Kids,Inc., amount	$ 10,000	$ 0	$ 48,301	$ (317,801)		$ (259,501)
Net loss					$ (573,494)	$ (573,494)
Balance, shares at Sep. 30, 2013	10,000,000	74,206,359				74,206,359
Balance, amount at Sep. 30, 2013	$ 10,000	$ 74,206	$ 48,301	$ (392,007)	$ (573,494)	$ (832,995)

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows	3 Months Ended
	Sep. 30, 2013USD ($)
Cash Flows from Operating Activities:
Net Loss	$ (573,494)
Adjustments to Reconcile Net Loss to Net Cash Used by Operations:
Change in fair value of derivative liability	114,191
Derivative expense	281,096
Changes in Operating Assets and Liabilities:
Increase in prepaids	(7,010)
Increase in accrued expenses	70,781
Net Cash Used by Operating Activities	(114,436)
Cash Flows from Financing Activities:
Proceeds from shareholder convertible notes	119,095
Net Cash Provided by Financing Activities	119,095
Net Increase (Decrease) in Cash	4,658
Cash at Beginning of Period	0
Cash at End of Period	4,658
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest	0
Income Taxes	$ 0

NOTE 1 - ORGANIZATION AND DESCR

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS	3 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS	NOT E 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS The Company was originally incorporated on September 21, 2005 under the laws of the state of Florida with the name League Now Holdings Corporation. On February 27, 2013, the Company consummated a share exchange with New York Bagel Deli, Inc. (“NYBD”). Under the terms of the share exchange, NYBD received 28,500,000 shares of the Company’s common stock for 100% of the issued and outstanding capital of NYBD. Concurrent with the share exchange, the Company agreed to sell its subsidiary (the operations of League Now) to John Bianco the Company’s former CEO in exchange for the assumption by Mr. Bianco of all associated liabilities with the exception of a convertible note held by Asher Enterprises Inc. in the amount of $75,000. Pleasant Kids, Inc. is engaged in the business of producing, marketing and distributing naturally balanced alkalized water for children, including and not limiting to organic natural juices.

NOTE 2 - GOING CONCERN

NOTE 2 - GOING CONCERN	3 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NOTE 2 - GOING CONCERN	NOTE 2 - GOIN G CONCER The Company's financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The financial statements do not include any adjustment relating to recoverability and classification of recorded amounts of assets and liabilities that might be necessary should the Company be unable to continue as a going concern. T continued existence is dependent upon its ability to continue to execute its operating plan and to obtain additional debt or equity financing. There can be no assurance the necessary debt or equity financing will be available, or will be available on terms acceptable to the Company.

NOTE 3 - SUMMARY OF SIGNIFICANT

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]
NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NO T U MM AR O I G NIFICAN ACC O UNTIN P O LICIE Ba sis o P e en a o This summary of accounting policies for NYBD Holdings, Inc is presented to assist in understanding the Company’s financial statements. Th Compan u e h acc ua ba o accoun n an accoun n p nc p e gene a accep e h Un e S a e o Ame c GAAP accoun ng and have been consistently applied in the preparation of the financial statements Principles of Consolidation The accompanying consolidated financial statements include all of the accounts of the Company, Pleasant Kids, Inc. and Pleasant Kids EXTRA, Inc. as of September 30, 2013. Pleasant Kids Extra had no activities and as a result there are no intercompany transactions and nothing to consolidate. Fiscal Year End Th Compan ha adop e September 30 sca yea end Us e o Es ma e an Assump on Th p epa a o o nanc a a emen con o m w accoun n p nc p e gene a accep e h Un ed S a e equ e managemen mak e ma e an a ump on ha a ec h epo e amoun an ab e an d sc o u o con ngen a e an ab e as of h da o h nanc a s a emen Ac ua e u cou d e o ho e ma e Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes. Revenue recognition The Company presently derives its revenue from the sale of Bagel and deli products in its South Florida restaurants. The Company will recognize revenue at point of sale or when p oduc a u de ve e o e v ce hav bee p ov de an co ec o ea onab a u ed Property and equipment Property and equipment are stated at cost less accumulated depreciation and amortization. The Company provides for depreciation and amortization using the straight-line method over the estimated useful lives of the related assets, which range from three to five years. Inventory At September 30, 2013, the Company’s inventory consisted entirely of raw materials. The warehouse in which the inventory was stored is no longer in business and the inventory cannot be verified. And because the current inventory has no value the Company has written off inventory originally recorded on September 30, 2013. Impairment of Long-Lived Assets In accordance with ASC Topic 360, formerly SFAS No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets, Off-Balance Sheet Arrangements We have no off-balance sheet arrangements. Emerging Growth Company We qualify as an “emerging growth company” under the 2012 JOBS Act. Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. As an emerging growth company, we can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We have elected to take advantage of the benefits of this extended transition period. Fair Value of Financial Instruments Fair value of certain of the Company’s financial instruments including cash and cash equivalents, accounts receivable, account payable, accrued expenses, notes payables, and other accrued liabilities approximate cost because of their short maturities. The Company measures and reports fair value in accordance with ASC 820, “Fair Value Measurements and Disclosure” defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosures about fair value investments. Fair value, as defined in ASC 820, is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of an asset should reflect its highest and best use by market participants, principal (or most advantageous) markets, and an in-use or an in-exchange valuation premise. The fair value of a liability should reflect the risk of nonperformance, which includes, among other things, the Company’s credit risk. Valuation techniques are generally classified into three categories: the market approach; the income approach; and the cost approach. The selection and application of one or more of the techniques may require significant judgment and are primarily dependent upon the characteristics of the asset or liability, and the quality and availability of inputs. Valuation techniques used to measure fair value under ASC 820 must maximize the use of observable inputs and minimize the use of unobservable inputs. ASC 820 also provides fair value hierarchy for inputs and resulting measurement as follows: Level 1 : Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities; The Company values it’s available for sale securities using Level 1. Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3: Unobservable inputs for the asset or liability that are supported by little or no market activity and that are significant to the fair values. Fair value measurements are required to be disclosed by the Level within the fair value hierarchy in which the fair value measurements in their entirety fall. Fair value measurements using significant unobservable inputs (in Level 3 measurements) are subject to expanded disclosure requirements including a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (i) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings, and a description of where those gains or losses included in earning are reported in the statement of income. Carrying Value Fair Value Measurements at As of September 30, 2013 September 30, Using Fair Value Hierarchy 2013 Level 1 Level 2 Level 3 Convertible notes payable 128,464 128,464 Embedded derivative liabilities $ 645,418 $ - $ - $ 645,418 Total $ 645,418 $ - $ - $ 645,418 I ncom Taxe I ncom axe a accoun e o unde h a e an ab me hod De e e a a e an ab e a ecogn ze o h e ma e u u a con equence a bu ab d e ence be wee h nanc a a emen ca y n amoun o ex s n ass an ab e an he e pec v a ba e an ope a n o an a c ed ca o wa d De e e a a e an ab e a mea u e u n enac e a a e e ec o h yea wh c ho empo a d e ence a expec e b ec ve e o se ed Us o ne ope a n os ca o wa d o ncom a pu pose ma be m e b n e na Revenu Cod sec o 38 chang o owne sh occu s Ba sic ncom Lo Pe Sha Ba ncom o pe ha ca cu a e b d v d n h Company ne o app cab commo ha eho de b h we gh e ave ag numbe o commo ha e du n h pe od D u e ea n ng pe ha ca cu a e b d v d n h Company ne nco m ava ab commo sha eho de b h d u e we gh e ave ag numbe o sha es ou s and n du n h yea Th d u e we gh e ave ag numbe o sha e ou s and n h bas we gh e numbe o sha e ad us e o an po en a d u v deb o equ y At September 30, 2013, the Company has three convertible notes outstanding totaling $259,500 which if converted would result in 235,480,944 new dilutive common shares. At September 30, 2013, the Company also has 10,000,000 Series A Preferred Shares that can be converted into 250,000,000 common shares at any time at the discretion of the holder. Combined, there are approximately 485,480,944 potentially dilutive shares outstanding as of September 30, 2013. D i v dend Th Compan ha no adop e an po c ega d n paymen o d v dend N d v dend hav bee pa du n an o h pe od hown Adve rtisi n C o Th Co m pany po c ega d n adve s n expens adve s n whe ncu ed S t ock-Ba e Payments. The Company plans to calculate share-based payments to third parties for consulting work based on the intrinsic value of the instrument as determined by market price of the stock at the time of issuance and recognize the expense based on this value. Although we believe our assumptions used to calculate share-based payments expense are reasonable, these assumptions can involve judgments about future events, which are open to interpretation and inherent uncertainty. In addition, significant changes in timing could significantly impact the amount of expense recorded in a given period. Ne w Au ho a v Accoun Gu i danc The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

NOTE 4 - SHARE EXCHANGE AGREEME

NOTE 4 - SHARE EXCHANGE AGREEMENT	3 Months Ended
	Sep. 30, 2013
Note 4 - Share Exchange Agreement
NOTE 4 - SHARE EXCHANGE AGREEMENT	NOTE 4 – SHARE EXCHANGE AGREEMENT On September 20, 2013, the Company entered into a share exchange agreement with Pleasant Kids, Inc. whereby the Company issued 10,000,000 preferred shares and 1,000 common shares for all of the outstanding shares of Pleasant Kids, Inc. As a result of the share exchange, Pleasant Kids, Inc. became a wholly owned subsidiary of the Company. In connection with the closing of the share exchange agreement, Haim Yeffet, a shareholder and director of NYBD Holding, Inc. returned 13,000,000 shares of the common stock and 100,000 shares of the Series A Preferred Stock of NYBD Holding, Inc. to the treasury of NYBD Holding, Inc. Mr. Haim received 2,000,000 of the 10,000,000 shares of Series A Preferred Stock, assumed the outstanding debt of NYBD Holding, Inc., with the exception of the Asher convertible notes, and kept all of the assets of NYBD Holding, Inc. The agreement noted above was treated as a reverse merger and recapitalization of the Company. The Company has adjusted it financial statements and presented its financial information using the standard accounting practices for a reverse merger. The financial statements reflect those of the new operating company, Pleasant Kids, Inc. Comparative information, or lack thereof, presented in the financial statements has been retroactively adjusted to reflect those of Pleasant Kids, Inc.

NOTE 5 - INVENTORY

NOTE 5 - INVENTORY	3 Months Ended
	Sep. 30, 2013
Inventory Disclosure [Abstract]
NOTE 5 - INVENTORY	NOTE 5 – INVENTORY (as Restated) There is no inventory stated at cost at September 30, 2013. The Company has written off the inventory that was originally recorded on September 30, 2013. The warehouse where the inventory was kept is no longer in business and could not confirm the amount and the current inventory has no material value.

NOTE 6 - NOTES PAYABLE

NOTE 6 - NOTES PAYABLE	3 Months Ended
	Sep. 30, 2013
Notes Payable
NOTE 6 - NOTES PAYABLE	NO T 6 NOTES PAYABLE (as restated) On March 19, 2013, NYBD Holdings, Inc sold and issued a Convertible Promissory Note to Asher Enterprises, Inc. in the principal amount of $153,500 pursuant to the terms of a Securities Purchase Agreement of even date therewith. The Note, together with accrued interest at the annual rate of eight percent (8%), is due on December 22, 2013. The Note is convertible into the Company's common stock commencing one hundred eighty (180) days from the date of issuance at a conversion price equal to 58% of the Market Price of the Company's common stock on the date of conversion. "Market Price" is defined in the Note as the average of the lowest three (3) trading prices for the Company's common stock during the ten (10) trading days prior to the conversion date. The Company has the right to prepay the Note at any time from the date of issuance until the 180th day the Note was issued at an amount equal to130% to150% (depending on the time period paid) of the then outstanding principal amount of the Note, including accrued and unpaid interest due on the prepayment date. On May 9, 2013, NYBD Holdings, Inc sold and issued a Convertible Promissory Note to Asher Enterprises, Inc. in the principal amount of $53,000 pursuant to the terms of a Securities Purchase Agreement of even date therewith. The Note, together with accrued interest at the annual rate of eight percent (8%), is due on February 13, 2014. The Note is convertible into the Company's common stock commencing one hundred eighty (180) days from the date of issuance On July 17, 2013, Two officers of the Company have advanced funds to the Company for working capital purposes at 8% interest, payable on demand. At September 30, 2013, the Company had a loan balance of $119,095. The amount incurred by Calvin Lewis is $21,202 and the amount incurred by Robert Rico is $97,893. These two notes are 50% convertible notes. As of September 30, 2013, the Company has three convertible notes due to Asher Enterprises which total $259,500 and two convertible notes due officers totaling $119,095. The balance of the notes, net of debt discount is $128,464.. Accrued Interest At September 30, 2013, the Company has an accrued interest balance of $9,366 pertaining to the outstanding convertible notes. Derivative Liability At September 30, 2013, the Company has a derivative liability of $645,418 pertaining to the outstanding convertible notes. The Company uses the Black Scholes Model to calculate the derivative liability. A summary of the changes in the derivative liabilities balance as at September 30, 2012 is as follows: Fair Value of Embedded Derivative Liabilities: July 15, 2013 $ - Addition 645,418 Settlement Changes in fair value of derivative liabilities As at September 30, 2013 $ 645,418 We calculated the derivative liability using the Black Scholes Model which factors in the Company’s stock price volatility as well as the convertible terms applicable to the outstanding convertible notes. The following is the range of variables used in revaluing the derivative liabilities at September 30, 2013: September 30, 2013 Annual dividend yield 0 Expected life (years) of 0.01 – .85 Risk-free interest rate 10 % Expected volatility 350.4 %

NOTE 7 - SHAREHOLDER LOAN_ CONV

NOTE 7 - SHAREHOLDER LOAN/ CONVERTIBLE NOTES	3 Months Ended
	Sep. 30, 2013
Notes to Financial Statements
NOTE 7 - SHAREHOLDER LOAN/ CONVERTIBLE NOTES	NO T 7 - SHAREHOLDER LOAN/ CONVERTIBLE NOTES (as Restated) Two officers of the Company have advanced funds to the Company for working capital purposes at 8% interest, payable on demand. At September 30, 2013, the Company had a shareholder loan balance of $119,095. The amount incurred by Calvin Lewis is $21,202 and the amount incurred by Robert Rico is $97,893. The Company has issued a 50% convertible note to each of the parties for these funds and the balance of these notes is included with the convertible note balance.

NOTE 8 - RELATED PARTY TRANSACT

NOTE 8 - RELATED PARTY TRANSACTIONS	3 Months Ended
	Sep. 30, 2013
Related Party Transactions [Abstract]
NOTE 8 - RELATED PARTY TRANSACTIONS	NOTE 8 - RELATED PARTY TRANSACTIONS (as Restated) Shareholder loan/convertible note At September 30, 2013 the Company has a shareholder loan balance of $119,095 from two officers of the Company. There are two convertible notes that have been issued to the officers of the Company for the amounts that they have loaned to the Company. Free office space from its Chief Executive Officer The Company has been provided office space by its chief executive officer at no cost. The management determined that such cost is nominal and did not recognize the rent expense in its financial statements.

NOTE 9 - STOCKHOLDERS' EQUITY

NOTE 9 - STOCKHOLDERS' EQUITY	3 Months Ended
	Sep. 30, 2013
Equity [Abstract]
NOTE 9 - STOCKHOLDERS' EQUITY	NO T 9 – STOCKHOLDERS’ EQUITY Preferred Stock At the time of incorporation, the Company was authorized to issue 10,000,000 shares of preferred stock with a par value of $.001. On April 1, 2013, the Company amended its corporate articles of incorporation to designate 10,000,000 preferred shares as “Series A Preferred Stock”. These Series A Preferred Shares shall for a period of 48 months from the date of issuance, be convertible in aggregate into that number of fully paid and non-assessable shares of the common stock of the Corporation, equal to seventy-five percent (75%) of the post conversion issued and outstanding common stock of the Corporation on the date of conversion. As disclosed in Note 10, on January 8, 2014 the Company drafted a second amendment to replace the first amendment to its corporate articles of incorporation section E (Designation of Series A Preferred Stock). Holders of Series A Preferred Stock shall be entitled to 25 votes per 1 vote of common stock, voting together with the holders of common stock. Holders of Series A Preferred Stock will also be entitled to convert 1 share of Series A Preferred Stock into 25 shares of common stock at any time. On May 8, 2013, the Company issued 100,000 shares of Preferred Stock, Series A to Haim Yeffet for services rendered. As part of the merger with Pleasant Kids, Inc., these shares were returned to the Company. As part of the share exchange agreement between NYBD Holding, Inc and Pleasant Kids, Inc., 10,000,000 shares of Series A Preferred Stock were issued to the principals of Pleasant Kids, Inc. Common Stock On May 10, 2013, the Company amended its articles of incorporation with the state of Florida to increase its authorized shares of common stock from 250,000,000 to 750,000,000. The stock has a par value of $.001. Pursuant to the share exchange agreement on September 20, 2013, the controlling stockholders of Pleasant Kids, sold all 1,000 issued and outstanding shares of common stock of Pleasant Kids, Inc. to NYBD Holding, Inc. in consideration for the issuance of 1,000 common shares and 10,000,000 Series A Preferred shares of NYBD Holding, Inc. The share exchange was account for as a reverse merger whereby the stock history presented in the Statement of Stockholders’ Equity will only show the stock history of the new operating company, Pleasant Kids, Inc., at the time of and just prior to the recapitalization. On September 20, 2013, pursuant to the share exchange, Mr. Haim canceled 13,000,000 common shares. Stock Payable Pursuant to the share exchange, the Company will issue 1,000 shares of common stock and 10,000,000 shares of Series A Preferred Stock. As of the September 30, 2013, the Company has issued the 10,000,000 Series A Preferred Stock but has not yet issued the 1,000 shares of common stock. Therefor the Company recorded as stock payable of $1 based on par value of 1,000 shares. At the time of the share exchange agreement on September 20, 2013, the Company agreed to convert a consulting agreement with JMZ Group into 23,000,000 common shares. The value of these shares at the time of the agreement was $.0021 which resulted in a stock for services expense of $48,300. The services provided by JMZ Group were completed prior to September 20, 2013 yet the shares were not issued. The Company recorded a $48,300 stock payable pertaining to this transaction.

NOTE 10 - INCOME TAXES

NOTE 10 - INCOME TAXES	3 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]
NOTE 10 - INCOME TAXES	10. INCOME TAXES Income tax provision is summarized as follows: Year Ended September 30, Federal $ 67,719 Deferred: Federal Increase in valuation allowance (67,719) Income tax provision $ 0 The actual income tax provision differs from the “expected” tax computed by applying the Federal corporate tax rate of 38% to the loss before income taxes as follows: Year Ended September 30, 2013 “Expected” income tax benefit $ (178,207 ) State tax expense, net of Federal benefit Increase in valuation allowance Other 178,207 Income tax provision $ 0- The tax effects of temporary differences which give rise to significant portions of the deferred taxes are summarized as follows: Year Ended September 30, 2013 Deferred tax assets: Inventory reserves $ 0 Section 263a adjustment 0 Allowances for bad debts and returns 0 Accrued expenses 70,781 Asset valuation reserve 0 State net operating loss carry forward 0 Other 0 Total deferred tax assets 70,781 Valuation allowance (70,781) Deferred income taxes are provided for the temporary differences between the carrying values of the Company's assets and liabilities for financial reporting purposes and their corresponding income tax basis. The temporary differences give rise to either a deferred tax asset or liability in the consolidated financial statements, which is computed by applying current statutory tax rates to taxable and deductible temporary differences based upon the classification (i.e. current or non-current) of the asset or liability in the consolidated financial statements which relates to the particular temporary difference. Deferred taxes related to differences which are not attributable to a specific asset or liability are classified in accordance with the future period in which they are expected to reverse and be recognized for income tax purposes. The long-term deferred tax assets are fully valued as of September 30, 2013.

NOTE 11 - RESTATEMENT

NOTE 11 - RESTATEMENT	3 Months Ended
	Sep. 30, 2013
Equity [Abstract]
NOTE 11 - RESTATEMENT	NOTE 11 –RESTATEMENT The financial statements for the year ended September 31, 2013, have been restated to correct the way in which the Company accounts for derivative liabilities. The derivative liability that was originally recorded for the period ended September 30, 2013, was arrived at by using the Black Scholes analysis to measure the embedded conversion features of the open balances only of the convertible notes at the end of the year. By using this accounting method the Company’s loss was overstated by $974,879 for the period from July 31, 2013 (inception) to September 30, 2013. The accounting method used in the restated financials are based on calculating the fair value of each of the note conversions as well as the ending period values using the Black Scholes analysis. The embedded conversion features of each of the notes is bifurcated and accounted for at fair value. The Company also has written off the inventory recorded at the end of September 30, 2013 and also recorded an accrual for officer compensation that was not originally recorded. As a result of these changes, the Company has recorded adjustments to the Company’s financial statements for the period. The following statements reflect the adjustments and the restated values: NYBD HOLDINGS, INC. RESTATED BALANCE SHEETS SEPTEMBER 30, 2013 ASSETS Previously Reported Adjustments As Restated Current Assets Cash $ 4,659 $ (1) $ 4,658 Inventory 15,553 (15,553) - Prepaid expense 7,010 - 7,010 Total Current Assets 27,222 (15,554) 11,668 Total Assets $ 27,222 $ (15,554) $ 11,668 LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities Accrued expense 23,915 - 23,915 Accrued interest 8,587 779 9,366 Accrued salary - 37,500 37,500 Shareholder loan 119,095 (119,095) - Convertible notes payable, net of debt discount 259,500 (131,036) 128,464 Derivative liability 1,423,998 (778,580) 645,418 Total Current Liabilities 1,835,095 (990,432) 844,663 Total Liabilities $ 1,835,095 $ (990,432) $ 844,663 Stockholders' Deficit Common stock payable 48301 (1) 48300 Preferred stock, authorized 10,000,000 shares, series A, $0.001 par valu10,000,000 issued and outstanding as of September 30, 2013 10,000 - 10,000 Common stock, authorized 750,000,000 shares, $0.001 par value, 74,206,359 issued and outstanding as of September 30, 2013 74,206 - 74,206 Additional paid in capital (392,007) - (392,007) Accumulated deficit (1,548,373) 974,879 (573,494) Total Stockholders' Deficit (1,807,873) 974,878 (832,995) Total Liabilities and Stockholders' Deficit $ 27,222 $ (15,554) $ 11,668 NYBD HOLDINGS, INC. RESTATED STATEMENTS OF OPERATIONS SEPTEMBER 30, 2013 Previously Reported Adjustments As Restated Revenues $ - $ - $ - Cost of Revenues - - - Gross Profit - - - Operating Expenses: Professional services 28,586 - 28,586 Officer compensation - 37,500 37,500 General and administrative expense 87,264 - 87,264 Total Operating Expenses 115,850 37,500 153,350 Loss from continuing operations (115,850) (37,500) (153,350) Other Income (Expense): Interest expense (8,587) (779) (9,366) Other income 62 - 62 Loss on inventory adjustment - (15,553) (15,553) Change in fair value of embedded derivative liability - (114,191) (114,191) Derivative expense (1,423,998) 1,142,902 (281,096) Total other income (expenses) (1,432,523) 1,012,379 (420,144) Net loss before income taxes (1,548,373) 974,879 (573,494) Income taxes - - - Net Loss $ (1,548,373) $ 974,879 $ (573,494) NYBD HOLDINGS, INC. RESTATED STATEMENTS OF CASH FLOWS SEPTEMBER 30, 2013 Previously Reported Adjustments As Restated Cash Flows from Operating Activities: Net Loss $ (1,548,373) $ 974,879 $ (573,494) Adjustments to reconcile net loss to net cash used in operating activities: Change in fair value of deriviative liablility 1,423,998 (1,028,711) 395,287 Changes in Operating Assets and Liabilities: - (Increase) Decrease in Inventory (15,553) 15,553 - Decrease in prepaids (7,010) - (7,010) Increase in accrued expenses 32,502 38,278 70,780 Net Cash Used by Operating Activities (114,436) - (114,437) Cash Flows from Financing Activities: Proceeds from/(payments to) notes payable-related parties 119,095 - 119,095 Net Cash Provided by Financing Activities 119,095 - 119,095 Net Increase (Decrease) in Cash 4,659 - 4,658 Cash at Beginning of Period - - - Cash at End of Period $ 4,659 $ - $ 4,658

NOTE 12 - SUBSEQUENT EVENT

NOTE 12 - SUBSEQUENT EVENT	3 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]
NOTE 12 - SUBSEQUENT EVENT	NOTE 12 – SUBSEQUENT EVENT Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 and has determined that other than listed below, no material subsequent events exist through the date of this filing. 1. From October to December of 2013, Asher Enterprises Inc. converted $66,700 of the convertible notes payable into 32,195,058 shares of restricted common stock. 2. In October of 2013, the Company issued 13,500,000 common shares in payment of $28,350 stock payable leaving a stock payable balance of $19,950. 3. In October of 2013, the Company issued 13,000,000 common shares to consultants for services. 4. On October 1, 2013, the Company executed three employment agreements with officers of the Company. The three employment agreements combined total $450,000 in base salary with potential bonuses of 2% of gross sales. These employment agreements have been filed as exhibits herein. 5. On January 8, 2014 the Company amended its corporate articles of incorporation section E (Designation of Series A Preferred Stock) to change the beneficial conversion rights of the Series A stockholders. Holders of Series A Preferred Stock shall be entitled to 25 votes per 1 vote of common stock, voting together with the holders of common stock. Holders of Series A Preferred Stock will also be entitled to convert 1 share of Series A Preferred Stock into 25 shares of common stock at any time. 6. In November through December of 2014, KBM WORLDWIDE, Inc. converted the note dated May 8, 2014 in the amount of $53,000 along with interest of $2,120 into 1,102,400,000 shares of restricted common stock. 7. Subsequent to the year ending September 30, 2014 the Company reduced the authorized Common stock to from 10,000,000,000 to 5,000,000,000. 8. Subsequent to the year ending September 30, 2014 the Company authorized a BUYBACK program wherein the Company will buyback common stock of the Company using 10% of revenues from January 1, 2015 to December 31, 2015. 9. In October, 2015, through November 2015, the Company issued convertible debenture to several groups in the total amount of $429,000. 10. On November 9, 2015 the Company entered into a consulting agreement with three individuals wherin the Company issued 7,000,002 post reverse shares valued at $856,000. 11. In October and November of 2015, two different groups converted the notes in the amount of $155,450 along with interest of $4,711 into 9,350,719 post reverse shares of common stock. 12. During October, November and December the Company has loaned an additional $288,149 to Next Group bringing the total amount Due from Next Group to $384,060. 13. On December 28, 2015, the Company issued 177,539,180 shares of restricted common stock, and 8,600,000 shares of the Company’s Series B preferred stock for 100% of Next Group Holdings, Inc. As a result of the agreement, Next Group Holdings, Inc. will become a wholly owned subsidiary of the Company. 14. On December 28, 2015, Robert Rico resigned as Chief Executive Officer and Director, Calvin Lewis resigned as President and Director, and Kenneth Wiedrich resigned as Director. Arik Maimon was appointed President, Chief Executive Officer, and Director of the Company.

NOTE 3 - SUMMARY OF SIGNIFICA19

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]
Basis of Presentation	Ba sis o P e en a o This summary of accounting policies for NYBD Holdings, Inc is presented to assist in understanding the Company’s financial statements. Th Compan u e h acc ua ba o accoun n an accoun n p nc p e gene a accep e h Un e S a e o Ame c GAAP accoun ng and have been consistently applied in the preparation of the financial statements
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include all of the accounts of the Company, Pleasant Kids, Inc. and Pleasant Kids EXTRA, Inc. as of September 30, 2013. Pleasant Kids Extra had no activities and as a result there are no intercompany transactions and nothing to consolidate.
Fiscal Year End	Fiscal Year End Th Compan ha adop e September 30 sca yea end
Use of Estimates and Assumptions	Us e o Es ma e an Assump on Th p epa a o o nanc a a emen con o m w accoun n p nc p e gene a accep e h Un ed S a e equ e managemen mak e ma e an a ump on ha a ec h epo e amoun an ab e an d sc o u o con ngen a e an ab e as of h da o h nanc a s a emen Ac ua e u cou d e o ho e ma e
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.
Revenue recognition	Revenue recognition The Company presently derives its revenue from the sale of Bagel and deli products in its South Florida restaurants. The Company will recognize revenue at point of sale or when p oduc a u de ve e o e v ce hav bee p ov de an co ec o ea onab a u ed
Property and Equipment	Property and equipment Property and equipment are stated at cost less accumulated depreciation and amortization. The Company provides for depreciation and amortization using the straight-line method over the estimated useful lives of the related assets, which range from three to five years.
Inventory	Inventory At September 30, 2013, the Company’s inventory consisted entirely of raw materials. The warehouse in which the inventory was stored is no longer in business and the inventory cannot be verified. And because the current inventory has no value the Company has written off inventory originally recorded on September 30, 2013.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets In accordance with ASC Topic 360, formerly SFAS No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets,
Off-Balance Sheet Arrangements	Off-Balance Sheet Arrangements We have no off-balance sheet arrangements.
Emerging Growth Company	Emerging Growth Company We qualify as an “emerging growth company” under the 2012 JOBS Act. Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. As an emerging growth company, we can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We have elected to take advantage of the benefits of this extended transition period.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value of certain of the Company’s financial instruments including cash and cash equivalents, accounts receivable, account payable, accrued expenses, notes payables, and other accrued liabilities approximate cost because of their short maturities. The Company measures and reports fair value in accordance with ASC 820, “Fair Value Measurements and Disclosure” defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosures about fair value investments. Fair value, as defined in ASC 820, is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of an asset should reflect its highest and best use by market participants, principal (or most advantageous) markets, and an in-use or an in-exchange valuation premise. The fair value of a liability should reflect the risk of nonperformance, which includes, among other things, the Company’s credit risk. Valuation techniques are generally classified into three categories: the market approach; the income approach; and the cost approach. The selection and application of one or more of the techniques may require significant judgment and are primarily dependent upon the characteristics of the asset or liability, and the quality and availability of inputs. Valuation techniques used to measure fair value under ASC 820 must maximize the use of observable inputs and minimize the use of unobservable inputs. ASC 820 also provides fair value hierarchy for inputs and resulting measurement as follows: Level 1 : Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities; The Company values it’s available for sale securities using Level 1. Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3: Unobservable inputs for the asset or liability that are supported by little or no market activity and that are significant to the fair values. Fair value measurements are required to be disclosed by the Level within the fair value hierarchy in which the fair value measurements in their entirety fall. Fair value measurements using significant unobservable inputs (in Level 3 measurements) are subject to expanded disclosure requirements including a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (i) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings, and a description of where those gains or losses included in earning are reported in the statement of income. Carrying Value Fair Value Measurements at As of September 30, 2013 September 30, Using Fair Value Hierarchy 2013 Level 1 Level 2 Level 3 Convertible notes payable 128,464 128,464 Embedded derivative liabilities $ 645,418 $ - $ - $ 645,418 Total $ 645,418 $ - $ - $ 645,418
Income Taxes	I ncom Taxe I ncom axe a accoun e o unde h a e an ab me hod De e e a a e an ab e a ecogn ze o h e ma e u u a con equence a bu ab d e ence be wee h nanc a a emen ca y n amoun o ex s n ass an ab e an he e pec v a ba e an ope a n o an a c ed ca o wa d De e e a a e an ab e a mea u e u n enac e a a e e ec o h yea wh c ho empo a d e ence a expec e b ec ve e o se ed Us o ne ope a n os ca o wa d o ncom a pu pose ma be m e b n e na Revenu Cod sec o 38 chang o owne sh occu s
Basic Income (Loss) Per Share	Ba sic I ncom Lo Pe Sha Ba ncom o pe ha ca cu a e b d v d n h Company ne o app cab commo ha eho de b h we gh e ave ag numbe o commo ha e du n h pe od D u e ea n ng pe ha ca cu a e b d v d n h Company ne nco m ava ab commo sha eho de b h d u e we gh e ave ag numbe o sha es ou s and n du n h yea Th d u e we gh e ave ag numbe o sha e ou s and n h bas we gh e numbe o sha e ad us e o an po en a d u v deb o equ y At September 30, 2013, the Company has three convertible notes outstanding totaling $259,500 which if converted would result in 235,480,944 new dilutive common shares. At September 30, 2013, the Company also has 10,000,000 Series A Preferred Shares that can be converted into 250,000,000 common shares at any time at the discretion of the holder. Combined, there are approximately 485,480,944 potentially dilutive shares outstanding as of September 30, 2013.
Dividends	D i v dend Th Compan ha no adop e an po c ega d n paymen o d v dend N d v dend hav bee pa du n an o h pe od hown
Advertising Costs	Adve rtisi n C o Th Co m pany po c ega d n adve s n expens adve s n whe ncu ed
Stock-Based Payments	S t ock-Ba e Payments. The Company plans to calculate share-based payments to third parties for consulting work based on the intrinsic value of the instrument as determined by market price of the stock at the time of issuance and recognize the expense based on this value. Although we believe our assumptions used to calculate share-based payments expense are reasonable, these assumptions can involve judgments about future events, which are open to interpretation and inherent uncertainty. In addition, significant changes in timing could significantly impact the amount of expense recorded in a given period.
New Authoritative Accounting Guidance	Ne w Au ho a v Accoun Gu i danc The following accounting standards were issued as of December 26, 2011: ASU 2010-06, Fair Value Measurements and Disclosures (Topic 820) – Improving Disclosures about Fair Value Measurements. This ASU affects all entities that are required to make disclosures about recurring and nonrecurring fair value measurements under FASB ASC Topic 820, originally issued as FASB Statement No. 157, Fair Value Measurements ASU 2011-04, Fair Value Measurement (Topic 820) – Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. In October 2012, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2012-04, ''Technical Corrections and Improvements" in Accounting Standards Update No. 2012-04. The amendments in this update cover a wide range of Topics in the Accounting Standards Codification. These amendments include technical corrections and improvements to the Accounting Standards Codification and conforming amendments related to fair value measurements. The amendments in this update will be effective for fiscal periods beginning after December 15, 2012. The adoption of ASU 2012-04 is not expected to have a material impact on our financial position or results of operations. In August 2012, the FASB issued ASU 2012-03, "Technical Amendments and Corrections to SEC Sections: Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin (SAB) No. 114, Technical Amendments Pursuant to SEC Release No. 33-9250, and Corrections Related to FASB Accounting Standards Update 2010-22 (SEC Update)" in Accounting Standards Update No. 2012-03. This update amends various SEC paragraphs pursuant to the issuance of SAB No. 114. The adoption of ASU 2012-03 is not expected to have a material impact on our financial position or results of operations. The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

NOTE 3 - SUMMARY OF SIGNIFICA20

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Sep. 30, 2013
Note 3 - Summary Of Significant Accounting Policies Tables
Fair Value Measurements	Carrying Value Fair Value Measurements at As of September 30, 2013 September 30, Using Fair Value Hierarchy 2013 Level 1 Level 2 Level 3 Convertible notes payable 128,464 128,464 Embedded derivative liabilities $ 645,418 $ - $ - $ 645,418 Total $ 645,418 $ - $ - $ 645,418

NOTE 6 - NOTES PAYABLE (Tables)

NOTE 6 - NOTES PAYABLE (Tables)	3 Months Ended
	Sep. 30, 2013
Note 6 - Notes Payable Tables
Fair Value of Embedded Derivative Liabilities:	Fair Value of Embedded Derivative Liabilities: July 15, 2013 $ - Addition 645,418 Settlement Changes in fair value of derivative liabilities As at September 30, 2013 $ 645,418
Variable Debentures Black-Scholes valuation assumptions	September 30, 2013 Annual dividend yield 0 Expected life (years) of 0.01 – .85 Risk-free interest rate 10 % Expected volatility 350.4 %

NOTE 10 - INCOME TAXES (Tables)

NOTE 10 - INCOME TAXES (Tables)	3 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]
Income Tax Provision	Year Ended September 30, Federal $ 67,719 Deferred: Federal Increase in valuation allowance (67,719) Income tax provision $ 0
Federal tax rate	Year Ended September 30, 2013 “Expected” income tax benefit $ (178,207 ) State tax expense, net of Federal benefit Increase in valuation allowance Other 178,207 Income tax provision $ 0
Valuation Allowance	Year Ended September 30, 2013 Deferred tax assets: Inventory reserves $ 0 Section 263a adjustment 0 Allowances for bad debts and returns 0 Accrued expenses 70,781 Asset valuation reserve 0 State net operating loss carry forward 0 Other 0 Total deferred tax assets 70,781 Valuation allowance (70,781)

NOTE 11 - RESTATEMENT (Tables)

NOTE 11 - RESTATEMENT (Tables)	3 Months Ended
	Sep. 30, 2013
Equity [Abstract]
Restated Balance Sheets	NYBD HOLDINGS, INC. RESTATED BALANCE SHEETS SEPTEMBER 30, 2013 ASSETS Previously Reported Adjustments As Restated Current Assets Cash $ 4,659 $ (1) $ 4,658 Inventory 15,553 (15,553) - Prepaid expense 7,010 - 7,010 Total Current Assets 27,222 (15,554) 11,668 Total Assets $ 27,222 $ (15,554) $ 11,668 LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities Accrued expense 23,915 - 23,915 Accrued interest 8,587 779 9,366 Accrued salary - 37,500 37,500 Shareholder loan 119,095 (119,095) - Convertible notes payable, net of debt discount 259,500 (131,036) 128,464 Derivative liability 1,423,998 (778,580) 645,418 Total Current Liabilities 1,835,095 (990,432) 844,663 Total Liabilities $ 1,835,095 $ (990,432) $ 844,663 Stockholders' Deficit Common stock payable 48301 (1) 48300 Preferred stock, authorized 10,000,000 shares, series A, $0.001 par valu10,000,000 issued and outstanding as of September 30, 2013 10,000 - 10,000 Common stock, authorized 750,000,000 shares, $0.001 par value, 74,206,359 issued and outstanding as of September 30, 2013 74,206 - 74,206 Additional paid in capital (392,007) - (392,007) Accumulated deficit (1,548,373) 974,879 (573,494) Total Stockholders' Deficit (1,807,873) 974,878 (832,995) Total Liabilities and Stockholders' Deficit $ 27,222 $ (15,554) $ 11,668
Restated Statements of Operations	NYBD HOLDINGS, INC. RESTATED STATEMENTS OF OPERATIONS SEPTEMBER 30, 2013 Previously Reported Adjustments As Restated Revenues $ - $ - $ - Cost of Revenues - - - Gross Profit - - - Operating Expenses: Professional services 28,586 - 28,586 Officer compensation - 37,500 37,500 General and administrative expense 87,264 - 87,264 Total Operating Expenses 115,850 37,500 153,350 Loss from continuing operations (115,850) (37,500) (153,350) Other Income (Expense): Interest expense (8,587) (779) (9,366) Other income 62 - 62 Loss on inventory adjustment - (15,553) (15,553) Change in fair value of embedded derivative liability - (114,191) (114,191) Derivative expense (1,423,998) 1,142,902 (281,096) Total other income (expenses) (1,432,523) 1,012,379 (420,144) Net loss before income taxes (1,548,373) 974,879 (573,494) Income taxes - - - Net Loss $ (1,548,373) $ 974,879 $ (573,494)
Restated Statements Of Cash Flows	NYBD HOLDINGS, INC. RESTATED STATEMENTS OF CASH FLOWS SEPTEMBER 30, 2013 Previously Reported Adjustments As Restated Cash Flows from Operating Activities: Net Loss $ (1,548,373) $ 974,879 $ (573,494) Adjustments to reconcile net loss to net cash used in operating activities: Change in fair value of deriviative liablility 1,423,998 (1,028,711) 395,287 Changes in Operating Assets and Liabilities: - (Increase) Decrease in Inventory (15,553) 15,553 - Decrease in prepaids (7,010) - (7,010) Increase in accrued expenses 32,502 38,278 70,780 Net Cash Used by Operating Activities (114,436) - (114,437) Cash Flows from Financing Activities: Proceeds from/(payments to) notes payable-related parties 119,095 - 119,095 Net Cash Provided by Financing Activities 119,095 - 119,095 Net Increase (Decrease) in Cash 4,659 - 4,658 Cash at Beginning of Period - - - Cash at End of Period $ 4,659 $ - $ 4,658

NOTE 1- ORGANIZATION AND DESCRI

NOTE 1- ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative) - Acquire Next Group Holdings, Inc.	Feb. 27, 2013shares
Share issued as per share exchange agreement	28,500,000
Acquired percentage	100.00%

NOTE 3 - SUMMARY OF SIGNIFICA25

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	Sep. 30, 2013USD ($)
Convertible notes payable	$ 259,500
Carrying Value
Convertible notes payable	128,464
Embedded derivative liabilities	645,418
Total	645,418
Fair Value Level 1
Convertible notes payable	0
Embedded derivative liabilities	0
Total	0
Fair Value Level 2
Convertible notes payable	0
Embedded derivative liabilities	0
Total	0
Fair Value Level 3
Convertible notes payable	128,464
Embedded derivative liabilities	645,418
Total	$ 645,418

NOTE 3 - SUMMARY OF SIGNIFICA26

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	3 Months Ended
	Sep. 30, 2013USD ($)shares
Antidilutive securities excluded from computation of earnings per share	485,480,944
Convertible notes outstanding | $	$ 259,500
Property and Equipment | Maximum
Estimated useful life	5 years
Property and Equipment | Minimum
Estimated useful life	3 years
Three Convertible Notes
Antidilutive securities excluded from computation of earnings per share	235,480,944
Series A Preferred Shares
Antidilutive securities excluded from computation of earnings per share	250,000,000

NOTE 4 - SHARE EXCHANGE AGREE27

NOTE 4 - SHARE EXCHANGE AGREEMENT (Details Narrative) - shares	Sep. 20, 2013	Sep. 30, 2013
Common Stock
Recapitalization pursuant to share exchange with Pleasant Kids,Inc., shares		0
Common shares returned from shareholder, shares		(13,000,000)
Preferred Stock
Recapitalization pursuant to share exchange with Pleasant Kids,Inc., shares		10,000,000
Common shares returned from shareholder, shares		0
Share Exchange Agreement | Haim Yeffet | Series A Preferred Stock
Recapitalization pursuant to share exchange with Pleasant Kids,Inc., shares	2,000,000
Common shares returned from shareholder, shares	100,000
Share Exchange Agreement | Haim Yeffet | Common Stock
Common shares returned from shareholder, shares	(13,000,000)
Pleasant Kids, Inc | Share Exchange Agreement | Series A Preferred Stock
Recapitalization pursuant to share exchange with Pleasant Kids,Inc., shares	10,000,000
Pleasant Kids, Inc | Share Exchange Agreement | Common Stock
Recapitalization pursuant to share exchange with Pleasant Kids,Inc., shares	1,000

NOTE 6 - NOTES PAYABLE - Fair V

NOTE 6 - NOTES PAYABLE - Fair Value Derivative Liability (Details) - USD ($)	3 Months Ended
	Sep. 30, 2013	Jul. 15, 2013
Fair Value of Embedded Derivative Liabilities
Line of Credit Facility [Line Items]
Derivative Liabilities, instant	$ 645,418	$ 0
Addition
Line of Credit Facility [Line Items]
Derivative Liabilities, duration	$ 645,418
Settlement
Line of Credit Facility [Line Items]
Derivative Liabilities, duration
Changes in fair value of derivative liabilities
Line of Credit Facility [Line Items]
Derivative Liabilities, duration

NOTE 6 - NOTES PAYABLE - Valuat

NOTE 6 - NOTES PAYABLE - Valuation Assumptions (Details)	3 Months Ended
	Sep. 30, 2013$ / shares
Note 6 - Notes Payable Tables
Annual dividend yield	$ 0
Expected life (years) of, Max	10 months
Expected life (years) of, Min	0 years
Risk-free interest rate, Max	10.00%
Risk-free interest rate, Min	10.00%
Expected volatility, Max	350.40%
Expected volatility, Min	350.40%

NOTE 6 - NOTES PAYABLE (Details

NOTE 6 - NOTES PAYABLE (Details Narrative) - USD ($)	Jul. 18, 2013	May. 09, 2013	Mar. 19, 2013	Sep. 30, 2013
Line of Credit Facility [Line Items]
Interest rate of convertible promissory note				8.00%
Amount due to Asher Enterprises for the last two notes				$ 259,500
Convertible Promissory Note to Asher Enterprises Inc - March 19, 2013
Line of Credit Facility [Line Items]
Convertible promissory note, principal amount			$ 153,500
Interest rate of convertible promissory note			8.00%
Convertible promissory note due date			Dec. 22, 2013
Debt conversion terms			The Note is convertible into the Company's common stock commencing one hundred eighty (180) days from the date of issuance at a conversion price equal to 58% of the Market Price of the Company's common stock on the date of conversion.Market Price is defined in the Note as the average of the lowest three (3) trading prices for the Company's common stock during the ten (10) trading days prior to the conversion date.
Debt payment terms			The Company has the right to prepay the Note at any time from the date of issuance until the 180th day the Note was issued at an amount equal to130% to150% (depending on the time period paid) of the then outstanding principal amount of the Note, including accrued and unpaid interest due on the prepayment date.
Convertible Promissory Note to Asher Enterprises Inc - May 9, 2013
Line of Credit Facility [Line Items]
Convertible promissory note, principal amount		$ 53,000
Interest rate of convertible promissory note		8.00%
Convertible promissory note due date		Feb. 13, 2014
Debt conversion terms		The Note is convertible into the Company's common stock commencing one hundred eighty (180) days from the date of issuance at a conversion price equal to 58% of the Market Price of the Company's common stock on the date of conversion. "Market Price" is defined in the Note as the average of the lowest three (3) trading prices for the Company's common stock during the ten (10) trading days prior to the conversion date.
Debt payment terms		The Company has the right to prepay the Note at any time from the date of issuance until the 180th day the Note was issued at an amount equal to130% to150% (depending on the time period paid)of the then outstanding principal amount of the Note, including accrued and unpaid interst due on the prepayment date.
Convertible Promissory Note to Asher Enterprises Inc - July 17, 2013
Line of Credit Facility [Line Items]
Convertible promissory note, principal amount	$ 53,000
Interest rate of convertible promissory note	8.00%
Convertible promissory note due date	Apr. 22, 2014
Debt conversion terms	The Note is convertible into the Company's common stock commencing one hundred eighty (180) days from the date of issuance at a conversion price equal to 45% of the Market Price of the Company's common stock on the date of conversion. Market Price is defined in the Note as the average of the lowest three (3) trading prices for the Company's common stock during the ten (30) trading days prior to the conversion date.
Debt payment terms	The Company has the right to prepay the Note at any time from the date of issuance until the 180th day the Note was issued at an amount equal to150% of the then outstanding principal amount of the Note, including accrued and unpaid interest due on the prepayment date.

NOTE 7 - SHAREHOLDER LOAN_ CO31

NOTE 7 - SHAREHOLDER LOAN/ CONVERTIBLE NOTES (Details Narrative)	Sep. 30, 2013USD ($)
Shareholder loan	$ 119,095
Interest rate	8.00%
Convertible note issued for a percent of shareholder loan, percent	50.00%
Calvin Lewis
Shareholder loan	$ 21,202
Robert Rico
Shareholder loan	$ 97,893

NOTE 8 - RELATED PARTY TRANSA32

NOTE 8 - RELATED PARTY TRANSACTIONS (Details Narrative) - Two Officers of the Company	3 Months Ended
	Sep. 30, 2013USD ($)
Related Party Transaction [Line Items]
Shareholder loan balance	$ 119,095
Convertible Duration	180 days
Convertible rate compared to market price, percent	50.00%

NOTE 9 - STOCKHOLDERS' EQUITY (

NOTE 9 - STOCKHOLDERS' EQUITY (Details Narrative) - USD ($)	Nov. 10, 2015	May. 08, 2013	Apr. 01, 2013	Nov. 30, 2015	Dec. 31, 2014	Sep. 30, 2013	Sep. 20, 2013	May. 10, 2013
Preferred stock shares authorized						10,000,000
Preferred stock shares issued for services rendered	7,000,002
Increase in common stock shares authorized						750,000,000
Common stock par value						$ 0.001
Debt conversion converted instrument shares issued				9,350,719	1,102,400,000
Debt conversion original debt amount				$ 155,450	$ 53,000
Debt conversion accrued interest portion				$ 4,711	$ 2,120
Stock payable						$ 48,300
Common Stock
Increase in common stock shares authorized								750,000,000
Common stock par value								$ 0.001
Series A Preferred Stock
Preferred stock shares authorized						10,000,000
Preferred stock conversion terms			The Series A Preferred Stock shall for a period of 48 months from the date of issuance, be convertible in aggregate into that number of fully paid and non-assessable shares of the common stock of the Corporation, equal to seventy-five percent (75%) of the post conversion issued and outstanding common stock of the Corporation on the date of conversion.
Series A Preferred Stock | Haim Yeffet
Preferred stock shares issued for services rendered		100,000
Consulting Agreement - JMZ Group | Stock Payable
Common stock not yet issued							23,000,000
Stock payable							$ 48,300
Pleasant Kids, Inc | Share Exchange Agreement | Stock Payable
Common stock not yet issued						1,000
Stock payable						$ 1

NOTE 10 - INCOME TAXES - Valuat

NOTE 10 - INCOME TAXES - Valuation Allowance (Details)	3 Months Ended
	Sep. 30, 2013USD ($)
Income Tax Disclosure [Abstract]
Federal	$ 67,719
Deferred:
Increase in valuation allowance	(67,719)
Income tax provision	$ 0

NOTE 10 - INCOME TAXES - Income

NOTE 10 - INCOME TAXES - Income Tax Provision (Details)	3 Months Ended
	Sep. 30, 2013USD ($)
Income Tax Disclosure [Abstract]
"Expected" income tax benefit	$ (178,207)
Other	178,207
Income tax provision	$ 0

NOTE 10 - INCOME TAXES - Federa

NOTE 10 - INCOME TAXES - Federal Rate (Details)	3 Months Ended
	Sep. 30, 2013USD ($)
Deferred tax assets:
Inventory reserves	$ 0
Section 263a adjustment	0
Allowances for bad debts and returns	0
Accrued expenses	70,781
Asset valuation reserve	0
State net operating loss carry forward	0
Other	0
Total deferred tax assets	70,781
Valuation allowance	$ (70,781)

NOTE 11 - RESTATEMENT - Restate

NOTE 11 - RESTATEMENT - Restated Balance Sheets (Details) - USD ($)	Sep. 30, 2013	Jul. 14, 2013
Current Assets
Cash	$ 4,658	$ 0
Prepaid expense	7,010
Total Current Assets	11,668
Total Assets	11,668
Current Liabilities
Accrued payable & accrued expense	23,915
Accrued interest	9,366
Accrued salary	37,500
Convertible notes payable, net of debt discount	128,464
Derivative liability	645,418
Total Current Liabilities	844,663
Total Liabilities	844,663
Stockholders' Deficit
Common stock payable	48,300
Preferred stock, authorized 10,000,000 shares, series A, $0.001 par valu10,000,000 issued and outstanding as of September 30, 2013	10,000
Common stock, authorized 750,000,000 shares, $0.001 par value, 74,206,359 issued and outstanding as of September 30, 2013	74,206
Additional paid in capital	(392,007)
Accumulated deficit	(573,494)
Total Stockholders' Deficit	(832,995)	0
Total Liabilities and Stockholders' Deficit	11,668
Previously Reported
Current Assets
Cash	4,659	0
Inventory	15,553
Prepaid expense	7,010
Total Current Assets	27,222
Total Assets	27,222
Current Liabilities
Accrued payable & accrued expense	23,915
Accrued interest	8,587
Accrued salary	0
Shareholder loan	119,095
Convertible notes payable, net of debt discount	259,500
Derivative liability	1,423,998
Total Current Liabilities	1,835,095
Total Liabilities	1,835,095
Stockholders' Deficit
Common stock payable	48,301
Preferred stock, authorized 10,000,000 shares, series A, $0.001 par valu10,000,000 issued and outstanding as of September 30, 2013	10,000
Common stock, authorized 750,000,000 shares, $0.001 par value, 74,206,359 issued and outstanding as of September 30, 2013	74,206
Additional paid in capital	(392,007)
Accumulated deficit	(1,548,373)
Total Stockholders' Deficit	(1,807,873)
Total Liabilities and Stockholders' Deficit	27,222
Adjustments
Current Assets
Cash	(1)	0
Inventory	(15,553)
Prepaid expense	0
Total Current Assets	(15,554)
Total Assets	(15,554)
Current Liabilities
Accrued payable & accrued expense	0
Accrued interest	779
Accrued salary	37,500
Shareholder loan	(119,095)
Convertible notes payable, net of debt discount	(131,036)
Derivative liability	(778,580)
Total Current Liabilities	(990,432)
Total Liabilities	(990,432)
Stockholders' Deficit
Common stock payable	(1)
Preferred stock, authorized 10,000,000 shares, series A, $0.001 par valu10,000,000 issued and outstanding as of September 30, 2013	0
Common stock, authorized 750,000,000 shares, $0.001 par value, 74,206,359 issued and outstanding as of September 30, 2013	0
Additional paid in capital	0
Accumulated deficit	974,879
Total Stockholders' Deficit	974,878
Total Liabilities and Stockholders' Deficit	(15,554)
As Restated
Current Assets
Cash	4,658	$ 0
Inventory	0
Prepaid expense	7,010
Total Current Assets	11,668
Total Assets	11,668
Current Liabilities
Accrued payable & accrued expense	23,915
Accrued interest	9,366
Accrued salary	37,500
Shareholder loan	0
Convertible notes payable, net of debt discount	128,464
Derivative liability	645,418
Total Current Liabilities	844,663
Total Liabilities	844,663
Stockholders' Deficit
Common stock payable	48,300
Preferred stock, authorized 10,000,000 shares, series A, $0.001 par valu10,000,000 issued and outstanding as of September 30, 2013	10,000
Common stock, authorized 750,000,000 shares, $0.001 par value, 74,206,359 issued and outstanding as of September 30, 2013	74,206
Additional paid in capital	(392,007)
Accumulated deficit	(573,494)
Total Stockholders' Deficit	(832,995)
Total Liabilities and Stockholders' Deficit	$ 11,668

NOTE 11 - RESTATEMENT - Resta38

NOTE 11 - RESTATEMENT - Restated Statements of Operations (Details)	3 Months Ended
	Sep. 30, 2013USD ($)
Revenues	$ 0
Cost of Revenues	15,553
Gross Profit	(15,553)
Operating Expenses:
Professional services	28,586
Officer compensation	37,500
General and administrative expense	87,264
Total Operating Expenses	153,350
Net Operating Loss	(153,350)
Other Income (Expense):
Interest expense	9,366
Other income	62
Change in fair value of embedded derivative liability	(114,191)
Derivative expense	(281,096)
Total Income (Expenses)	(404,591)
Loss before Taxes	(573,494)
Income taxes	0
Net Loss	(573,494)
Previously Reported
Revenues	0
Cost of Revenues	0
Gross Profit	0
Operating Expenses:
Professional services	28,586
Officer compensation	0
General and administrative expense	87,264
Total Operating Expenses	115,850
Net Operating Loss	(115,850)
Other Income (Expense):
Interest expense	(8,587)
Other income	62
Loss on inventory adjustment	0
Change in fair value of embedded derivative liability	0
Derivative expense	(1,423,998)
Total Income (Expenses)	(1,432,523)
Loss before Taxes	(1,548,373)
Income taxes	0
Net Loss	(1,548,373)
Adjustments
Revenues	0
Cost of Revenues	0
Gross Profit	0
Operating Expenses:
Professional services	0
Officer compensation	37,500
General and administrative expense	0
Total Operating Expenses	37,500
Net Operating Loss	(37,500)
Other Income (Expense):
Interest expense	(779)
Other income	0
Loss on inventory adjustment	(15,553)
Change in fair value of embedded derivative liability	(114,191)
Derivative expense	1,142,902
Total Income (Expenses)	1,012,379
Loss before Taxes	974,879
Income taxes	0
Net Loss	974,879
As Restated
Revenues	0
Cost of Revenues	0
Gross Profit	0
Operating Expenses:
Professional services	28,586
Officer compensation	37,500
General and administrative expense	87,264
Total Operating Expenses	153,350
Net Operating Loss	(153,350)
Other Income (Expense):
Interest expense	(9,366)
Other income	62
Loss on inventory adjustment	(15,553)
Change in fair value of embedded derivative liability	(114,191)
Derivative expense	(281,096)
Total Income (Expenses)	(420,144)
Loss before Taxes	(573,494)
Income taxes	0
Net Loss	$ (573,494)

NOTE 11 - RESTATEMENT - Resta39

NOTE 11 - RESTATEMENT - Restated Statements Of Cash Flows (Details)	3 Months Ended
	Sep. 30, 2013USD ($)
Cash Flows from Operating Activities:
Net Loss	$ (573,494)
Adjustments to Reconcile Net Loss to Net Cash Used by Operations:
Change in fair value of derivative liability	114,191
Changes in Operating Assets and Liabilities:
Decrease in prepaids	(7,010)
Increase in accrued expenses	70,781
Net Cash Used by Operating Activities	(114,436)
Cash Flows from Financing Activities:
Proceeds from/(payments to) notes payable-related parties	119,095
Net Cash Provided by Financing Activities	119,095
Net Increase (Decrease) in Cash	4,658
Cash at Beginning of Period	0
Cash at End of Period	4,658
Previously Reported
Cash Flows from Operating Activities:
Net Loss	(1,548,373)
Adjustments to Reconcile Net Loss to Net Cash Used by Operations:
Change in fair value of derivative liability	1,423,998
Changes in Operating Assets and Liabilities:
(Increase) Decrease in Inventory	(15,553)
Decrease in prepaids	(7,010)
Increase in accrued expenses	32,502
Net Cash Used by Operating Activities	(114,436)
Cash Flows from Financing Activities:
Proceeds from/(payments to) notes payable-related parties	119,095
Net Cash Provided by Financing Activities	119,095
Net Increase (Decrease) in Cash	4,659
Cash at Beginning of Period	0
Cash at End of Period	4,659
Adjustments
Cash Flows from Operating Activities:
Net Loss	974,879
Adjustments to Reconcile Net Loss to Net Cash Used by Operations:
Change in fair value of derivative liability	(1,028,711)
Changes in Operating Assets and Liabilities:
(Increase) Decrease in Inventory	15,553
Decrease in prepaids	0
Increase in accrued expenses	38,278
Net Cash Used by Operating Activities	0
Cash Flows from Financing Activities:
Proceeds from/(payments to) notes payable-related parties	0
Net Cash Provided by Financing Activities	0
Net Increase (Decrease) in Cash	0
Cash at Beginning of Period	0
Cash at End of Period	(1)
As Restated
Cash Flows from Operating Activities:
Net Loss	(573,494)
Adjustments to Reconcile Net Loss to Net Cash Used by Operations:
Change in fair value of derivative liability	395,287
Changes in Operating Assets and Liabilities:
(Increase) Decrease in Inventory	0
Decrease in prepaids	(7,010)
Increase in accrued expenses	70,780
Net Cash Used by Operating Activities	(114,437)
Cash Flows from Financing Activities:
Proceeds from/(payments to) notes payable-related parties	119,095
Net Cash Provided by Financing Activities	119,095
Net Increase (Decrease) in Cash	4,658
Cash at Beginning of Period	0
Cash at End of Period	$ 4,658

NOTE 11 - RESTATEMENT (Details

NOTE 11 - RESTATEMENT (Details Narrative)	3 Months Ended
	Sep. 30, 2013USD ($)
Equity [Abstract]
Overstated loss	$ 974,879

NOTE 12 - SUBSEQUENT EVENT (Det

NOTE 12 - SUBSEQUENT EVENT (Details Narrative) - USD ($)

Nov. 10, 2015

Jan. 08, 2014

Oct. 31, 2013

Oct. 30, 2013

Nov. 30, 2015

Dec. 31, 2014

Dec. 31, 2015

Dec. 31, 2013

Sep. 30, 2015

Dec. 28, 2015

Sep. 30, 2013

May. 10, 2013

Subsequent Event [Line Items]

Debt conversion converted instrument shares issued

9,350,719

1,102,400,000

Debt conversion original debt amount

$ 155,450

$ 53,000

Stock payable

$ 48,300

Stock issued for services, shares

7,000,002

Debt conversion accrued interest portion

$ 4,711

$ 2,120

Common stock, shares authorized

750,000,000

Buyback common stock using a percent of revenue

10.00%

Convertible debt issued

$ 429,000

Consulting agreement shares issued, value

$ 856,000

Subsequent Event

Subsequent Event [Line Items]

Subsequent Event

On January 8, 2014 the Company amended its corporate articles of incorporation section E (Designation of Series A Preferred Stock) to change the beneficial conversion rights of the Series A stockholders. Holders of Series A Preferred Stock shall be entitled to 25 votes per 1 vote of common stock, voting together with the holders of common stock. Holders of Series A Preferred Stock will also be entitled to convert 1 share of Series A Preferred Stock into 25 shares of common stock at any time.

Subsequent Event | Employment Agreement with Officers of the Company

Subsequent Event [Line Items]

Subsequent Event

Company executed three employment agreements with officers of the Company. The three employment agreements combined total $450,000 in base salary with potential bonuses of 2% of gross sales. These employment agreements have been filed as exhibits herein.

Date of event

Oct. 1, 2013

Next Group Loans Receivable

Subsequent Event [Line Items]

Loan receivable

$ 288,149

Loan receivable, duration

$ 288,149

Acquire Next Group Holdings, Inc.

Subsequent Event [Line Items]

Preferred Series B shares issued to acquire subsidiary

8,600,000

Common stock issued to acquire subsidiary

177,539,180

Percent of subsidiary acquired

100.00%

Stock Payable | Subsequent Event

Subsequent Event [Line Items]

Common stock issued for cash, shares

13,500,000

Common stock issued for cash, amount

$ 28,350

Stock payable

$ 19,950

Common Stock

Subsequent Event [Line Items]

Common stock, shares authorized

750,000,000

Common Stock | Subsequent Event

Subsequent Event [Line Items]

Stock issued for services, shares

13,000,000

Convertible Promissory Note to Asher Enterprises Inc | Subsequent Event

Subsequent Event [Line Items]

Debt conversion converted instrument shares issued

32,195,058

Debt conversion original debt amount

$ 66,700