Indo Global Exchange (IGEX) 10-Q/A 12 Feb 15 2013 Q1 Quarterly report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Oct. 31, 2012
Document And Entity Information
Entity Registrant Name	Indo Global Exchange(s) Pte, Ltd.
Entity Central Index Key	1442853
Document Type	10-Q
Document Period End Date	31-Oct-12
Amendment Flag	TRUE
Current Fiscal Year End Date	-24
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding	289,975,000
Amendment Description	Amendment No. 1
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2013

Balance_Sheets_Unaudited

Balance Sheets (Unaudited) (USD $)	Oct. 31, 2012	Jul. 31, 2012
CURRENT ASSETS:
Cash
TOTAL CURRENT ASSETS
TOTAL ASSETS
LIABILITIES AND SHAREHOLDERS' (DEFICIT) EQUITY
Accounts payable and accrued expenses	7,622	7,622
TOTAL CURRENT LIABILITIES	7,622	7,622
SHAREHOLDERS' (DEFICIT) EQUITY:
Common stock, .00001 par value 400,000,000 shares authorized 289,975,000 shares issued and outstanding as of October 31, 2012 and July 31, 2012	289,975	289,975
Paid in capital	-219,275	-219,275
Deficit Accumulated during the Exploration Stage	-78,322	-78,322
TOTAL SHAREHOLDERS' (DEFICIT) EQUITY	-7,622	-7,622
TOTAL LIABILITIES AND SHAREHOLDERS' (DEFICIT) EQUITY

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Oct. 31, 2012	Jul. 31, 2012
Statement of Financial Position [Abstract]
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	289,975,000	289,975,000

Statements_of_Operations_Unaud

Statements of Operations (Unaudited) (USD $)	3 Months Ended		54 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2012
Income Statement [Abstract]
REVENUES
Cost of operations
GROSS PROFIT
OPERATING EXPENSES
General and administrative expenses			26,822
Consulting			30,000
Impairment loss on mineral property costs			21,500
Total operating expenses			78,322
Loss from continuing operations before provision for income taxes			-78,322
Provision for income taxes
NET LOSS			($78,322)
Weighted average common shares outstanding - basic and diluted	289,975,000	289,975,000
Net loss per share-basic and diluted	$0	$0

Statements_of_Cash_Flows_Unaud

Statements of Cash Flows (Unaudited) (USD $)	54 Months Ended
	Oct. 31, 2012
CASH FLOW FROM OPERATING ACTIVITIES:
Net loss	($78,322)
Adjustments to reconcile net loss to net cash
Impairment loss on mineral property costs	21,500
Changes in assets and liabilities:
Accounts payable and accrued expenses	7,622
NET CASH USED IN OPERATING ACTIVITIES	-49,200
CASH FLOW FROM INVESTING ACTIVITIES:
Purchase of mineral rights	-21,500
NET CASH USED BY INVESTING ACTIVITIES	-21,500
CASH FLOW FROM FINANCING ACTIVITIES:
Net proceeds from the issuance of common stock
Net proceeds from subscriptions receivable	70,700
NET CASH PROVIDED BY FINANCING ACTIVITIES	70,700
(Decrease) Increase in Cash and Cash Equivalents
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD
CASH AND CASH EQUIVALENTS, END OF PERIOD
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest
Cash paid for income taxes

Note_1_Organization_and_Basis_

Note 1 - Organization and Basis of Presentation	3 Months Ended
	Oct. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Basis of Presentation	NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION
	Claridge Ventures, Inc. (the "Company") was incorporated in the State of Nevada on May 7, 2008. The Company was organized to develop and explore mineral properties in the State of Nevada.
	These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States and are expressed in United States (US) dollars. The Company has not produced any revenue from its principal business and is a exploration stage company. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature.

Note_2_Significant_Accounting_

Note 2 - Significant Accounting Policies	3 Months Ended
	Oct. 31, 2012
Accounting Policies [Abstract]
Note 2 - Significant Accounting Policies	NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES
	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 these financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Impaired Asset Policy
	The Company tests its assets for recoverability whenever events or changes in circumstances indicate that the related carrying amount may not be recoverable, which includes comparing the carrying amount of a long-lived asset to the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. An impairment loss would be measured as the amount by which the carrying amount of a long-lived asset exceeds its fair value. For the Company's mining claims, this test includes examining the discounted and undiscounted cash flows associated with value beyond proven and probable reserves, in determining whether the mining claim is impaired.
	Start-up Expenses
	The Company expenses costs associated with start-up activities as incurred. Accordingly, start-up costs associated with the Company's formation have been included in the Company's general and administrative expenses for the period from inception on May 7, 2008 to October 31, 2012.
	Foreign Currency Translation
	The Company’s functional and reporting currency is the US dollar as substantially all of the Company’s operations are in United States.
	Assets and liabilities that are denominated in a foreign currency are translated at the exchange rate in effect at the year end and capital accounts are translated at historical rates.  Income statement accounts are translated at the average rates of exchange prevailing during the period. Translation adjustments from the use of different exchange rates from period to period are included in the Comprehensive Income statement account in Stockholder’s Equity, if applicable.
	Transactions undertaken in currencies other than the functional currency of the entity are translated using the exchange rate in effect as of the transaction date.  If applicable, exchange gains and losses are included in other items on the Statement of Operations.
	Basic and Diluted Loss Per Share
	The Company computes basic loss per share by dividing the net loss by the weighted average common shares outstanding during the period. There are no potential common shares; accordingly, diluted and basic loss per share amounts are the same.
	Fair Value of Financial Instruments
	The Company’s only financial instruments are cash. Due to the short maturities of these financial instruments, their fair value approximates their carrying value.
	Income Taxes
	Deferred income tax liabilities or assets at the end of each period are determined using the tax rate expected to be in effect when the taxes are actually paid or recovered. A valuation allowance is recognized on deferred tax assets when it is more likely than not that some or all of these deferred tax assets will not be realized. The Company has cumulative net losses of $78,322 as of October 31, 2012, with an approximate deferred tax asset of $27,413 that has been fully offset by a valuation allowance. The net operating losses expire 20 years from the date incurred.
	Recent Authoritative Pronouncements
	The Company does not expect that the adoption of any recent accounting standards to have a material impact on its financial statements.

Note_3_Mineral_Property_Acquis

Note 3 - Mineral Property Acquisition and Exploration Cost	3 Months Ended
	Oct. 31, 2012
Extractive Industries [Abstract]
Note 3 - Mineral Property Acquisition and Exploration Cost	NOTE 3 –MINERAL PROPERTY ACQUISITION AND EXPLORATION COST
	On July 17, 2008 the Company acquired a 100% interest in numerous claims known as the Pyramid Properties, located in the State of Nevada. The claims were purchased for $21,500 cashand accompanying the property purchase was a geological report which was included in the purchase price. During the year ended July 31, 2008, the Companydetermined that the carrying amount of the mineral claims were in excess of its estimatedfair value and recognized an impairment loss on mineral claims costs of $21,500. The Property has since been abandoned.

Note_4_Stockholders_Equity

Note 4 - Stockholders' Equity	3 Months Ended
	Oct. 31, 2012
Equity [Abstract]
Note 4 - Stockholders' Equity	NOTE 4 – STOCKHOLDERS’ EQUITY
	The Company has issued common shares to  a total of 39 individuals between May 7, 2008 and July 31, 2008. 175,000,000 shares were purchased at $0.00003 by two individuals for total proceeds of $5,000; 114,975,000 shares were purchased at $0.00057 by 37 individuals for a total proceeds received by the company of $65,700.
	On October 5, 2012 the company received approval on a 35 to 1 forward split bringing the total issued and outstanding common shares from 8,285,000 to 289,975,000 issued and outstanding common shares.
	The stock spilt has been retroactively presented in the financial statements as if the stock split occurred at the inception of the Company.

Note_5_Going_concern

Note 5 - Going concern	3 Months Ended
	Oct. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Note 5 - Going concern	NOTE 5 – GOING CONCERN
	These financial statements are presented on the basis that the Company is a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business over a reasonable length of time. As of October 31, 2012 the Company had  incurred accumulated losses since inception of $78,322 The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Its continuation as a going concern is dependent upon its ability to generate sufficient cash flow to meet its obligations on a timely basis, to obtain additional financing or refinancing as may be required, and ultimately to establish profitable operations.
	Management's plans for the continuation of the Company as a going concern include financing the Company's operations through issuance of its common stock. If the Company is unable to complete its financing requirements or achieve revenue as projected, it will then modify its expenditures and plan of operations to coincide with the actual financing completed and actual operating revenues. There are no assurances, however, with respect to the future success of these plans.

Note_2_Significant_Accounting_1

Note 2 - Significant Accounting Policies (Policies)	3 Months Ended
	Oct. 31, 2012
Accounting Policies [Abstract]
Use of Estimates	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 these financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Impaired Asset Policy	Impaired Asset Policy
	The Company tests its assets for recoverability whenever events or changes in circumstances indicate that the related carrying amount may not be recoverable, which includes comparing the carrying amount of a long-lived asset to the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. An impairment loss would be measured as the amount by which the carrying amount of a long-lived asset exceeds its fair value. For the Company's mining claims, this test includes examining the discounted and undiscounted cash flows associated with value beyond proven and probable reserves, in determining whether the mining claim is impaired.
Start-up Expenses	Start-up Expenses
	The Company expenses costs associated with start-up activities as incurred. Accordingly, start-up costs associated with the Company's formation have been included in the Company's general and administrative expenses for the period from inception on May7, 2008 to October 31, 2012.
Foreign Currency Translation	Foreign Currency Translation
	The Company’s functional and reporting currency is the US dollar as substantially all of the Company’s operations are in United States.
	Assets and liabilities that are denominated in a foreign currency are translated at the exchange rate in effect at the year end and capital accounts are translated at historical rates.  Income statement accounts are translated at the average rates of exchange prevailing during the period. Translation adjustments from the use of different exchange rates from period to period are included in the Comprehensive Income statement account in Stockholder’s Equity, if applicable.
	Transactions undertaken in currencies other than the functional currency of the entity are translated using the exchange rate in effect as of the transaction date.  If applicable, exchange gains and losses are included in other items on the Statement of Operations.
Basic and Diluted Loss Per Share	Basic and Diluted Loss Per Share
	The Company computes basic loss per share by dividing the net loss by the weighted average common shares outstanding during the period. There are no potential common shares; accordingly, diluted and basic loss per share amounts are the same.
Fair Value of Financial Instruments	Fair Value of Financial Instruments
	The Company’s only financial instruments are cash. Due to the short maturities of these financial instruments, their fair value approximates their carrying value.
Income Taxes	Income Taxes
	Deferred income tax liabilities or assets at the end of each period are determined using the tax rate expected to be in effect when the taxes are actually paid or recovered. A valuation allowance is recognized on deferred tax assets when it is more likely than not that some or all of these deferred tax assets will not be realized. The Company has cumulative net losses of $78,322 as of October 31, 2012, with an approximate deferred tax asset of $27,413 that has been fully offset by a valuation allowance. The net operating losses expire 20 years from the date incurred.
Recent Authoritative Pronouncements	Recent Authoritative Pronouncements
	The Company does not expect that the adoption of any recent accounting standards to have a material impact on its financial statements.

Note_2_Significant_Accounting_2

Note 2 - Significant Accounting Policies (Details Narrative) (USD $)	Oct. 31, 2012	Jul. 31, 2012
	Y
Accounting Policies [Abstract]
Cumulative net losses	$78,322	$78,322
Deferred Tax Asset	$27,413
Number of years from date incurred losses expire	20

Note_3_Mineral_Property_Acquis1

Note 3 - Mineral Property Acquisition and Exploration Cost (Details Narrative) (USD $)	3 Months Ended
	Jul. 31, 2008	Jul. 17, 2008
Extractive Industries [Abstract]
Interest acquired in Pyramid properties		100.00%
Purchase cost		$21,500
Impairment loss on mineral claim	$21,500

Note_4_Stockholders_Equity_Det

Note 4 - Stockholders' Equity (Details Narrative) (USD $)	3 Months Ended
	Jul. 31, 2008	Oct. 05, 2012
Equity [Abstract]
Number of individuals to whom shares issued, total	39
Shares Issued 1
Shares purchased	175,000,000
Price per share	$0.00
Number of individuals purchasing shares	2
Total proceeds, sale of shares	$5,000
Shares Issued 2
Shares purchased	114,975,000
Price per share	$0.00
Number of individuals purchasing shares	37
Total proceeds, sale of shares	$65,700
Forward Split ratio, each share held		35
Common shares, pre split		8,285,000
Common shares, post split		289,975,000

Note_5_Going_concern_Details_N

Note 5 - Going concern (Details Narrative) (USD $)	Oct. 31, 2012	Jul. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cumulative net losses	$78,322	$78,322

Uncategorized_Items

Uncategorized Items	8/1/2011 - 10/31/2011	8/1/2012 - 10/31/2012	10/31/11	7/31/11	7/31/12
	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)
[IGEX_ProceedsSubscriptionsReceivable]
[us-gaap_CashAndCashEquivalentsAtCarryingValue]
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[us-gaap_CashPeriodIncreaseDecrease]
[us-gaap_IncomeTaxesPaid]
[us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities]
[us-gaap_InterestPaid]
[us-gaap_NetCashProvidedByUsedInFinancingActivities]
[us-gaap_NetCashProvidedByUsedInInvestingActivities]
[us-gaap_NetCashProvidedByUsedInOperatingActivities]
[us-gaap_PaymentsToAcquireMineralRights]
[us-gaap_ProceedsFromIssuanceOfCommonStock]