Newpoint Financial (NPFC) 10-K 15 Apr 21 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2020	Mar. 31, 2021	Jun. 30, 2020
Details
Registrant CIK	0001445831
Fiscal Year End	--12-31
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2020
Entity File Number	333-167451
Entity Registrant Name	Newpoint Financial Corp
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	47-2653358
Entity Address, Address Line One	290 State Street
Entity Address, City or Town	New London
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06320
Entity Address, Address Description	Address of principal executive offices
City Area Code	860
Local Phone Number	574-9190
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		216,185
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Current Assets:
Cash	$ 0	$ 78
Total Current Assets	0	78
TOTAL ASSETS	0	78
Current Liabilities:
Accounts Payable	6,730	12,299
Accounts Payable - Related Party	29,829	16,885
Interest Payable - Related Party	11,156	8,156
Loan Payable - Related Party	46,050	46,050
Total Current Liabilities	93,765	83,390
Total Liabilities	93,765	83,390
Stockholder's Deficit
Preferred Stock, Value	0	0
Common Stock, Value	216	216
Additional Paid-In Capital	350,931	350,931
Accumulated Deficit	(444,912)	(434,459)
Total Stockholder's Deficit	(93,765)	(83,312)
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	$ 0	$ 78

BALANCE SHEETS - Parenthetical

BALANCE SHEETS - Parenthetical - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Details
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	216,185	216,185
Common Stock, Shares, Outstanding	216,185	216,185

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Details
Revenues:	$ 0	$ 0
Expenses:
General and administrative expense	1,246	865
Professional fees	14,012	13,743
Total Operating Expenses	15,258	14,608
Operating Loss	(15,258)	(14,608)
Other Income (Expense)
Gain on Debt Extinguishment	7,805	0
Interest expense	(3,000)	(3,000)
Total Other Income (Expense)	4,805	(3,000)
Net Loss	$ (10,453)	$ (17,608)
Basic & Diluted Loss per Common Share	$ (0.05)	$ (0.08)
Weighted Average Common Shares Outstanding	216,185	216,185

STATEMENT OF STOCKHOLDERS' DEFI

STATEMENT OF STOCKHOLDERS' DEFICIT - USD ($)	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Total
Equity Balance, Starting at Dec. 31, 2017	$ 0	$ 216	$ (252,069)	$ (401,284)	$ (653,137)
Shares Outstanding, Starting at Dec. 31, 2017	0	216,185
Forgiveness of Related Party Interest Payable, Value	$ 0	$ 0	3,000	0	3,000
Forgiveness of Related Party Interest Payable, Shares	0	0
Forgiveness of Related Party Notes Payable, Value	$ 0	$ 0	600,000	0	600,000
Forgiveness of Related Party Notes Payable, Shares	0	0
Net Income (Loss)	$ 0	$ 0	0	(15,567)	(15,567)
Shares Outstanding, Ending at Dec. 31, 2018	0	216,185
Equity Balance, Ending at Dec. 31, 2018	$ 0	$ 216	350,931	(416,851)	(65,704)
Net Income (Loss)	$ 0	$ 0	0	(17,608)	(17,608)
Shares Outstanding, Ending at Dec. 31, 2019	0	216,185
Equity Balance, Ending at Dec. 31, 2019	$ 0	$ 216	350,931	(434,459)	(83,312)
Net Income (Loss)	$ 0	$ 0	0	(10,453)	(10,453)
Shares Outstanding, Ending at Dec. 31, 2020	0	216,185
Equity Balance, Ending at Dec. 31, 2020	$ 0	$ 216	$ 350,931	$ (444,912)	$ (93,765)

STATEMENT OF CASH FLOWS

STATEMENT OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss	$ (10,453)	$ (17,608)
Adjustments to reconcile net loss to net cash used in operating activities:
Gain on Debt Extinguishment	7,805	0
Changes In:
Accounts Payable	(10,501)	(9,180)
Accounts Payable - Related Party	10,071	16,585
Interest Payable - Related Party	3,000	3,000
Net Cash Used in Operating Activities	(78)	(7,203)
CASH FLOWS FROM FINANCING
Proceeds from Loan Payable - Related Party	0	7,050
Net Cash Provided by Financing Activities	0	7,050
Net (Decrease) Increase in Cash		(153)
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	78	231
Cash and Cash Equivalents, at Carrying Value, Ending Balance	0	78
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest	0	0
Franchise Taxes	$ 0	$ 0

NOTE 1 - ORGANIZATION AND NATUR

NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS	12 Months Ended
	Dec. 31, 2020
Notes
NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS	NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS Newpoint Financial Corp. (“Newpoint”) was incorporated in the State of Delaware on November 16, 2005 under the name Blue Ribbon Pyrocool, Inc. (“Blue Ribbon”). Blue Ribbon changed its name to Classic Rules Judo Championships, Inc. on July 15, 2008 then to Judo Capital Corp on February 15, 2017. the Company formed a subsidiary in the State of Connecticut on August 13, 2008 named Classic Rules World Judo Championships, Inc. to develop an annual judo championship tournament. Collectively the entities are referred to as “the Company”. On June 2, 2014, the Company ceased its principal activities of hosting and sponsoring judo tournaments. The Company had planned to operate in real estate investment activities focused in the New York City metropolitan area. On February 28, 2018, the Company ceased its plans to operate in the real estate investment market. On January 19, 2021, the Company had a 500-1 reverse stock split with FINRA and Change of Control. All share and per share information has been retroactively adjusted to reflect the reverse stock split. On February 9, 2021, new officers and directors were elected and the name of the Company was changed to Newpoint Financial Corp. (Delaware).

NOTE 2 - GOING CONCERN

NOTE 2 - GOING CONCERN	12 Months Ended
	Dec. 31, 2020
Notes
NOTE 2 - GOING CONCERN	NOTE 2 – GOING CONCERN The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has no revenues, has incurred net losses of $10,453 and $17,608 during the years ended December 31, 2020 and December 31, 2019. The Company has an accumulated deficit of $444,912 and $434,459 as of December 31, 2020 and December 31, 2019, and has experienced negative cash flows from operations. These circumstances raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. The Company needs to raise additional capital. Failure to raise adequate capital and generate adequate sales revenues could result in the Company having to curtail or cease operations. Additionally, even if the Company does raise sufficient capital to support its operating expenses and generate adequate revenues, there can be no assurance that the revenue will be sufficient to enable it to develop business to a level where it will generate profits and cash flows from operations. We understand from the Directors of Newpoint Financial Corp (formally Judo Capital Corp) that the new Shareholders and Directors being put in place will ensure new capitals and revenues are put into the Company.

NOTE 3 - SUMMARY OF SIGNIFICANT

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2020
Notes
NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and expenses during the reporting period. On an on-going basis, the Company evaluates its estimates. Actual results and outcomes may differ materially from the estimates as additional information becomes known. Cash and Cash Equivalents Cash and cash equivalents includes highly liquid investments with original maturities of nine months or less. On occasion, the Company has amounts deposited with financial institutions in excess of federally insured limits. Fair Value of Financial Instruments The Company measures certain financial assets and liabilities at fair value based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. The carrying value of cash and cash equivalents and accounts payable approximate their fair value because of the short-term nature of these instruments and their liquidity. Management is of the opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments. Income Taxes Deferred income tax assets and liabilities are determined based on the estimated future tax effects of net operating loss and credit carryforwards and temporary differences between the tax basis of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. The Company records an estimated valuation allowance on its deferred income tax assets if it is not more likely than not that these deferred income tax assets will be realized. The Company recognizes a tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. As of the previous years ended December 31, 2020 and December 31, 2019, the Company has not recorded any unrecognized tax benefits. Segment Reporting The Company’s business currently operates in one segment. Net Loss per Share The computation of basic net loss per common share is based on the weighted average number of shares that were outstanding during the year. The computation of diluted net loss per common share is based on the weighted average number of shares used in the basic net loss per share calculation plus the number of common shares that would be issued assuming the exercise of all potentially dilutive common shares outstanding using the treasury stock method. See Note 4. Net Loss Per Share. Recently Issued Accounting Pronouncements The Company reviews new accounting standards as issued. Although some of these accounting standards issued or effective after the end of the Company’s previous fiscal year may be applicable to the Company, it has not identified any standards that it believes merit further discussion. The Company does not expect the adoption of any recently issued accounting pronouncements to have a significant impact on its financial position, results of operations, or cash flows. Related Parties The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20 the related parties include (a) affiliates of the registrant; (b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d) principal owners of the Company; (e) management of the Company; (f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g) Other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The financial statements include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of financial statements is not required in those statements. The disclosures shall include: (a) the nature of the relationship(s) involved; (b) description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; (c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and (d) amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.

NOTE 4 - STOCKHOLDERS' DEFICIT

NOTE 4 - STOCKHOLDERS' DEFICIT	12 Months Ended
	Dec. 31, 2020
Notes
NOTE 4 - STOCKHOLDERS' DEFICIT	NOTE 4 – STOCKHOLDERS’ DEFICIT Preferred Stock The Company is authorized to issue 50,000,000 shares of preferred stock with a par value of $0.001 per share. There were no preferred shares issued or outstanding as of December 31, 2020 or December 31, 2019. Common Stock The Company is authorized to issue up to 100,000,000 shares of common stock with a par value of $0.001 per share. At December 31, 2020 and December 31, 2019 there were 216,185 shares of common stock issued and outstanding.

NOTE 5 - INCOME TAXES

NOTE 5 - INCOME TAXES	12 Months Ended
	Dec. 31, 2020
Notes
NOTE 5 - INCOME TAXES	NOTE 5 – INCOME TAXES Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets, at federal rate of 21% and state rate of 7%, at December 31, 2020 and December 31, 2019 are as follows: December 31, 2020 2019 Net operating loss carry forward $ 124,575 $ 121,648 Valuation allowance (124,575) (121,648) Net deferred tax asset $ - $ - The Company’s net operating loss carry forwards of $444,912 will begin to expire in 2030. The net increase in the valuation allowance for deferred tax assets was $2,927 for the year ended December 31, 2020. The Company evaluates its valuation allowance on an annual basis based on projected future operations. When circumstances change and this causes a change in management’s judgment about the realizability of deferred tax assets, the impact of the change on the valuation allowance is reflected in current operations. For federal income tax purposes, the Company has net U.S. operating loss carry forwards at December 31, 2020 available to offset future federal taxable income, if any, of $444,912, which will fully expire by the fiscal year ended December 31, 2040. Accordingly, there is no current tax expense for the year ended December 31, 2020 and December 31, 2019. The utilization of the tax net operating loss carry forwards may be limited due to ownership changes that have occurred as a result of sales of common stock. The effects of state income taxes were insignificant for the year ended December 31, 2020 and December 31, 2019. The following is a reconciliation between expected income tax benefit and actual, using the applicable statutory income tax rate of 21% and 34% for the year ended December 31, 2020 and 2019, respectively: December 31, 2020 2019 Income tax benefit at statutory rate $ 2,927 $ 4,930 Change in valuation allowance (2,927) (4,930) $ - $ - The fiscal years 2012 through 2020 remain open to examination by federal authorities and other jurisdictions in which the Company operates. On December 22, 2017, the Tax Cuts and Jobs Act was enacted. This law substantially amended the Internal Revenue Code, including reducing the U.S. corporate tax rates. As the deferred tax asset is fully allowed for, this change in rates had no impact on the Company’s financial position or results of operations. We did not provide any current or deferred U.S. federal income tax provision or benefit for the year ended December 31, 2020 or December 31, 2019 due to the operating losses experienced during the years ended December 31, 2020 and December 31, 2019. When it is more likely than not that a tax asset cannot be realized through future income the Company must allow for this future tax benefit. We provided a full valuation allowance on the net deferred tax asset, consisting of net operating loss carry forwards, because management has determined that it is more likely than not that we will not earn income sufficient to realize the deferred tax assets during the carry forward period.

NOTE 6 - RELATED PARTY TRANSACT

NOTE 6 - RELATED PARTY TRANSACTIONS AND NOTE PAYABLE	12 Months Ended
	Dec. 31, 2020
Notes
NOTE 6 - RELATED PARTY TRANSACTIONS AND NOTE PAYABLE	NOTE 6 – RELATED PARTY TRANSACTIONS AND NOTE PAYABLE During the year ended December 31, 2017, the Company received loans from a related party totaling $30,000. The loans payable bear interest at an annual rate of 10% interest and are due on demand. There was $30,000 due as principal and $5,156 in interest for these notes due to a related party as of December 31, 2019. There is $30,000 due as principal and $11,156 in interest for these notes due to a related party as of December 31, 2020. During the year ended December 31, 2018, the Company received loans from a related party totaling $9,000. During the year ended December 31, 2019, the Company received a loan from a related party totaling $7,050. These loans are non-interest bearing and due on demand. There is $16,050 due as non-interest bearing loans to a related party as of December 31, 2020. During the year ended December 31, 2018, the Company received loans from a related party totaling $300. During the year ended December 31, 2019, the Company received advances from a related party totaling $16,585. During the year ended December 31, 2020, the Company received advances and services from a related party totaling 12,944. The advances are non-interest bearing and due on demand. There is $29,829 due as a related party payable as of December 31, 2020.

NOTE 7 - SUBSEQUENT EVENTS

NOTE 7 - SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2020
Notes
NOTE 7 - SUBSEQUENT EVENTS	NOTE 7 – SUBSEQUENT EVENTS On January 19, 2021, a corporate action with FINRA was approved, 1 for 500 Reverse Stock Split. This has been retroactively stated in the Financial Statements and Annual Report in the shares issued and outstanding. On February 9, 2021 there was a change of control, with new officers and directors being appointed, an address change and name change from Judo Capital Corp to Newpoint Financial Corp.

NOTE 3 - SUMMARY OF SIGNIFICA_2

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Estimates (Policies)	12 Months Ended
	Dec. 31, 2020
Policies
Estimates	Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and expenses during the reporting period. On an on-going basis, the Company evaluates its estimates. Actual results and outcomes may differ materially from the estimates as additional information becomes known.

NOTE 3 - SUMMARY OF SIGNIFICA_3

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Cash and Cash Equivalents (Policies)	12 Months Ended
	Dec. 31, 2020
Policies
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents includes highly liquid investments with original maturities of nine months or less. On occasion, the Company has amounts deposited with financial institutions in excess of federally insured limits.

NOTE 3 - SUMMARY OF SIGNIFICA_4

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value of Financial Instruments (Policies)	12 Months Ended
	Dec. 31, 2020
Policies
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company measures certain financial assets and liabilities at fair value based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. The carrying value of cash and cash equivalents and accounts payable approximate their fair value because of the short-term nature of these instruments and their liquidity. Management is of the opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments.

NOTE 3 - SUMMARY OF SIGNIFICA_5

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Income Taxes (Policies)	12 Months Ended
	Dec. 31, 2020
Policies
Income Taxes	Income Taxes Deferred income tax assets and liabilities are determined based on the estimated future tax effects of net operating loss and credit carryforwards and temporary differences between the tax basis of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. The Company records an estimated valuation allowance on its deferred income tax assets if it is not more likely than not that these deferred income tax assets will be realized. The Company recognizes a tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. As of the previous years ended December 31, 2020 and December 31, 2019, the Company has not recorded any unrecognized tax benefits.

NOTE 3 - SUMMARY OF SIGNIFICA_6

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Segment Reporting (Policies)	12 Months Ended
	Dec. 31, 2020
Policies
Segment Reporting	Segment Reporting The Company’s business currently operates in one segment.

NOTE 3 - SUMMARY OF SIGNIFICA_7

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Net Loss per Share (Policies)	12 Months Ended
	Dec. 31, 2020
Policies
Net Loss per Share	Net Loss per Share The computation of basic net loss per common share is based on the weighted average number of shares that were outstanding during the year. The computation of diluted net loss per common share is based on the weighted average number of shares used in the basic net loss per share calculation plus the number of common shares that would be issued assuming the exercise of all potentially dilutive common shares outstanding using the treasury stock method. See Note 4. Net Loss Per Share.

NOTE 3 - SUMMARY OF SIGNIFICA_8

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Recently Issued Accounting Pronouncements (Policies)	12 Months Ended
	Dec. 31, 2020
Policies
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements The Company reviews new accounting standards as issued. Although some of these accounting standards issued or effective after the end of the Company’s previous fiscal year may be applicable to the Company, it has not identified any standards that it believes merit further discussion. The Company does not expect the adoption of any recently issued accounting pronouncements to have a significant impact on its financial position, results of operations, or cash flows.

NOTE 3 - SUMMARY OF SIGNIFICA_9

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Related Parties (Policies)	12 Months Ended
	Dec. 31, 2020
Policies
Related Parties	Related Parties The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20 the related parties include (a) affiliates of the registrant; (b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d) principal owners of the Company; (e) management of the Company; (f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g) Other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The financial statements include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of financial statements is not required in those statements. The disclosures shall include: (a) the nature of the relationship(s) involved; (b) description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; (c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and (d) amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.

NOTE 5 - INCOME TAXES_ Schedule

NOTE 5 - INCOME TAXES: Schedule of Components of Income Tax Expense (Benefit) (Tables)	12 Months Ended
	Dec. 31, 2020
Tables/Schedules
Schedule of Components of Income Tax Expense (Benefit)	December 31, 2020 2019 Net operating loss carry forward $ 124,575 $ 121,648 Valuation allowance (124,575) (121,648) Net deferred tax asset $ - $ -

NOTE 5 - INCOME TAXES_ Schedu_2

NOTE 5 - INCOME TAXES: Schedule of Effective Income Tax Rate Reconciliation (Tables)	12 Months Ended
	Dec. 31, 2020
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation	December 31, 2020 2019 Income tax benefit at statutory rate $ 2,927 $ 4,930 Change in valuation allowance (2,927) (4,930) $ - $ -

NOTE 1 - ORGANIZATION AND NAT_2

NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS (Details)	12 Months Ended
	Dec. 31, 2020
Details
Entity Incorporation, State or Country Code	DE
Entity Incorporation, Date of Incorporation	Nov. 16, 2005

NOTE 2 - GOING CONCERN (Details

NOTE 2 - GOING CONCERN (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Details
Revenues:	$ 0	$ 0
Net Loss	(10,453)	(17,608)
Accumulated Deficit	$ (444,912)	$ (434,459)

NOTE 4 - STOCKHOLDERS' DEFICIT

NOTE 4 - STOCKHOLDERS' DEFICIT (Details) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Details
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares, Issued	216,185	216,185
Common Stock, Shares, Outstanding	216,185	216,185

NOTE 5 - INCOME TAXES_ Schedu_3

NOTE 5 - INCOME TAXES: Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Details
Net operating loss carry forward	$ 124,575	$ 121,648
Valuation allowance	(124,575)	(121,648)
Net deferred tax asset	$ 0	$ 0

NOTE 5 - INCOME TAXES_ Schedu_4

NOTE 5 - INCOME TAXES: Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Details
Income tax benefit at statutory rate	$ 2,927	$ 4,930
Change in valuation allowance	(2,927)	(4,930)
Income Tax Expense (Benefit)	$ 0	$ 0

NOTE 6 - RELATED PARTY TRANSA_2

NOTE 6 - RELATED PARTY TRANSACTIONS AND NOTE PAYABLE (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Details
Interest Payable - Related Party	$ 11,156	$ 8,156
Accounts Payable - Related Party	$ 29,829	$ 16,885

NOTE 7 - SUBSEQUENT EVENTS (Det

NOTE 7 - SUBSEQUENT EVENTS (Details)	12 Months Ended
	Dec. 31, 2020
Event #1
Subsequent Event, Date	Jan. 19, 2021
Subsequent Event, Description	a corporate action with FINRA was approved
Event #2
Subsequent Event, Date	Feb. 9, 2021
Subsequent Event, Description	here was a change of control, with new officers and directors being appointed