Vape 10-Q 20 Feb 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Dec. 31, 2013	Feb. 19, 2014
Document And Entity Information [Abstract]	'	'
Entity Registrant Name	'Vape Holdings, Inc.	'
Entity Central Index Key	'0001455819	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--09-30	'
Document Type	'10-Q	'
Document Period End Date	31-Dec-13	'
Document Fiscal Period Focus	'Q1	'
Document Fiscal Year Focus	'2014	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	6,555,627

Balance_Sheets

Balance Sheets (USD $)	Dec. 31, 2013	Sep. 30, 2013
Current assets:	'	'
Cash	$19,706	$568
TOTAL ASSETS	19,706	568
Current liabilities:	'	'
Accounts payable	145,495	60,346
Accrued expenses	11,083	7,573
Due to related parties	'	234,824
Total current liabilities	156,578	302,743
Long term liabilities:	'	'
Accounts payable - related party	'	15,000
Convertible notes, net of discount of $59,604	121,336	'
Related party notes payable, long-term	71,967	'
Total liabilities	349,881	317,743
Commitments and contingencies	'	'
Stockholders' deficit:	'	'
Common stock, $0.00001 par value - authorized 250,000,000 shares; 6,555,627 and 6,250,000 issued and outstanding, respectively	66	62
Additional paid-in capital	254,323	'
Accumulated deficit	-584,564	-317,237
Total stockholders' deficit	-330,175	-317,175
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$19,706	$568

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Sep. 30, 2013
Balance Sheets [Abstract]	'	'
Convertible notes, net of discount	$59,604	$59,604
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	6,555,627	6,250,000
Common stock, shares outstanding	6,555,627	6,250,000

Statements_of_Operations

Statements of Operations (USD $)	3 Months Ended	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2013
Statements of Operations [Abstract]	'	'
Revenue	'	'
General and administrative	218,819	336,866
Operating loss	-218,819	-336,866
Interest expense - debt discount	48,508	56,081
Total other expense, net	48,508	56,081
Loss before provision for income taxes	-267,327	-392,947
Provision for income taxes	'	'
Net loss	($267,327)	($392,247)
Weighted average shares basic and diluted	6,277,480	'
Weighted average basic and diluted loss per common share	($0.04)	'

Statements_of_Stockholders_Def

Statements of Stockholders' Deficit (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Balance at Mar. 26, 2013	'	'	'	'
Balance, Shares at Mar. 26, 2013	'	'	'	'
Issuances of founder shares, net return of capital of $17,750	10,695	46	10,295	354
Issuances of founder shares, net return of capital of $17,750, Shares	'	4,684,538	'	'
Fair value of officer services	30,000	'	30,000	'
Assumption of debt due to related parties	-40,295	'	-40,295	'
Net loss	-317,591	'	'	-317,591
Balance at Sep. 30, 2013	-317,175	46	'	-317,237
Balance, Shares at Sep. 30, 2013	'	4,684,538	'	'
Shares retained by Peoplestring shareholders upon merger	16	16	'	'
Shares retained by Peoplestring shareholders upon merger, Shares	'	1,565,462	'	'
Discount on related party convertible note payable	72,376	'	72,376	'
Conversion of related party note payable	3,538	'	3,538	'
Conversion of related party note payable, Shares	'	3,990	'	'
Conversion of related party note payable one	43,659	'	43,659	'
Conversion of related party note payable one, Shares	'	49,139	'	'
Conversion of related party note payable two	17,754	4	17,750	'
Conversion of related party note payable two, Shares	'	222,498	'	'
Fair value of officer services	15,000	'	15,000	'
Common stock issued for management services	21,250	'	21,250	'
Common stock issued for management services, Shares	'	6,250	'	'
Common stock issued for marketing services	21,250	'	21,250	'
Common stock issued for marketing services, Shares	'	6,250	'	'
Common stock issued for executive services	51,000	'	51,000	'
Common stock issued for executive services, Shares	'	15,000	'	'
Common stock issued for web development services	8,500	'	8,500	'
Common stock issued for web development services, Shares	'	2,500	'	'
Net loss	-267,327	'	'	-267,327
Balance at Dec. 31, 2013	($330,175)	$66	$254,323	($584,564)
Balance, Shares at Dec. 31, 2013	'	6,555,627	'	'

Statements_of_Stockholders_Def1

Statements of Stockholders' Deficit (Parenthetical) (USD $)	6 Months Ended
	Sep. 30, 2013
Statement of Stockholders' Equity [Abstract]	'
Issuance of shares, return of capital	$17,750

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	3 Months Ended	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2013
Cash flows from operating activities:	'	'
Net loss	($267,327)	($392,247)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Fair value of officer services	15,000	15,000
Common stock issued for services	102,000	102,000
Accretion of debt discount	43,610	51,183
Changes in operating assets and liabilities:	'	'
Accounts payable	85,149	145,495
Accrued expenses	3,510	3,510
Net cash used in operating activities	18,058	-75,759
Cash flows from investing activities:	'	'
Acquisition costs	'	-136,241
Net cash used in investing activities	'	-136,241
Cash flows from financing activities:	'	'
Proceeds from issuances of common stock, net return of capital	'	10,650
Net borrowings from due to related parties	37,196	221,056
Net cash provided by financing activities	'	231,706
Net change in cash	19,138	19,706
Cash, beginning of period	568	'
Cash, end of period	19,706	19,706
Cash paid during the period for:	'	'
Interest	'	'
Taxes	'	'
Non-cash investing and financing activities	'	'
Beneficial conversion feature recorded with convertible note payable	72,376	72,376
Conversion of related party notes payable and accrued interest	$64,951	$64,951

Description_of_Business_and_Su

Description of Business and Summary of Significant Accounting Policies	3 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 1.  DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	ORGANIZATION
	Vape Holdings, Inc. (formerly PeopleString Corporation) (“Vape,” the “Company,” “we,” “us,” “our,” “our company”) is a holding company operating in the legal cannabis concentrate industry. The Company plans to design, market, and distribute various vaporization products under several unique brands and sales channels. The Company also intends to introduce a nonporous, non-corrosive, chemically inert ceramic vaporization element as a healthy, sustainable alternative to traditional titanium and quartz vaporization materials. This material can be used for a wide range of applications, including stand-alone vaporization products and "E-cigs." Electronic cigarettes come in a variety of designs ranging from those that look vastly like traditional cigarettes, to larger vaporizer units which are capable of vaporizing liquid with varying viscosity.  The process of vaporization is believed to eliminate the smoke, tar, ash, and other byproducts of traditional smoking by utilizing lower temperatures in a controlled electronic environment.
	The Company plans to rely on a combination of trademark, copyright, trade secret and patent laws in the United States as well as confidentiality procedures and contractual provisions to protect future proprietary technology and its brands, as they are developed.  While no such intellectual property exists at this time, the Company intends to create or acquire proprietary vaporizers and e-cigarettes, and various trademarks and copyrights for brands which are developed.  The Company is actively engaged in improving and expanding lines of branded products through business alliances and acquisitions as well as developing its branded retail business expansion.
	Vape and its business units are organized and directed to operate strictly in accordance with all applicable state and federal laws.
	On August 9, 2013, PeopleString Corporation, and its wholly-owned subsidiary, RewardString Corporation (“RewardString”), and Vape Holdings, Inc., a Nevada corporation (the “Private Company”), entered into a Merger and Reorganization Agreement (the “Agreement”) whereby the Private Company merged with RewardString, with the Private Company being the surviving entity (the “Merger”). In consideration for the merger, the shareholders of the Private Company received a total of approximately 187,381,500 shares of common stock of the merged company on a pro rata basis in exchange for 355,000 shares of the Private Company’s common stock, representing 100% of the outstanding common stock of the Private Company. The total shares of the merged company issued on a pro rata basis to the Private Company shareholders represented approximately 74.95% of the total issued and outstanding common stock of the merged company.
	The merger among PeopleString, RewardString and the Private Company was accounted for as a reverse acquisition and change in reporting entity, whereby the Private Company was the accounting acquirer.  The Merger was accounted for using the purchase method of accounting in accordance with ASC 805 Business Combinations, whereby the estimated purchase was allocated to tangible net assets acquired based upon preliminary fair values at the date of acquisition.  Accordingly, the assets and liabilities of PeopleString and RewardString were recorded at fair value; the assets of PeopleString Corporation were not significant.  The historical results of operations and cash flows of the Private Company are being reported beginning in the quarter ended December 31, 2013 in this Quarterly Report.  The Merger closed on September 30, 2013.   On September 30, 2013, the Company approved a change in fiscal year end of the Company from December 31st to September 30th due to a change in reporting entity.  The Company’s decision to change the fiscal year end was related to the Merger.  Following such change, the date of the Company’s next fiscal year end is September 30, 2014.
	Since the Private Company commenced operations on March 26, 2013 (“Inception”) due to the change in reporting entity and change in fiscal year, there are no reportable periods in 2012 to compare to those periods reported herein for 2013.
	The following unaudited pro forma information was prepared as if the acquisition had taken place at the beginning of the period for the period from Inception to December 31, 2013.
		Pro-Forma
		Combined
	Revenue	$	-
	Net loss	$	(392,947	)
	Net loss per share:
	Basic and diluted	$	(0.06	)
	Reverse Stock Split
	On December 24, 2013, the Company’s Board and a majority of its shareholders approved a one for forty (1:40) reverse stock split of the Company’s common stock (the “Reverse Stock Split”).  The Reverse Stock Split became effective on January 8, 2014.  As a result of the Reverse Stock Split, every forty (40) shares of issued and outstanding common stock of the Company were converted into one (1) share of common stock. All fractional shares created by the Reverse Stock Split were rounded to the nearest whole share.  If the fraction created was one half or less, it was rounded down to the nearest whole share.  If the fraction was more than one half, it was rounded up to the nearest whole share.  Each shareholder received at least one share. The number of the Company’s authorized shares of common stock did not change in connection with the Reverse Stock Split.
	Effective as of January 8, 2014, the Company amended its Certificate of Incorporation with the Delaware Secretary of State pursuant to a certificate of amendment (the “Certificate of Amendment”) to formally change its name from PeopleString Corporation to Vape Holdings, Inc. (the “Name Change”).  The Company’s Board of Directors and shareholders representing approximately 53.3% of the outstanding shares of the Company’s common stock approved the Name Change by written consent on December 24, 2013.
	BASIS OF PRESENTATION
	The accompanying unaudited interim financial statements have been prepared by the Company pursuant to the rules and regulations of the United States Securities Exchange Commission. Certain information and disclosures normally included in the annual financial statements prepared in accordance with the accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, all adjustments and disclosures necessary for a fair presentation of these financial statements have been included. Such adjustments consist of normal recurring adjustments.  As a result of the merger between Vape and PeopleString, whereby the Vape shareholders controlled the Company post merger.  This resulted in a change in reporting entity, whereby the historical financial statements of Vape are presented herein. The assets acquired and liabilities assumed were recorded at fair value; however, there were no significant assets acquired and approximately $24,000 in liabilities assumed.   These interim financial statements should be read in conjunction with the historical financial statements and related notes thereto of the Company filed with the Securities and Exchange Commission including our Annual Report on Form 10-K for the previous fiscal year ended December 31, 2012, as well as  Form 8-K filed on December 16, 2013 which included the financial statements for Vape Holdings, Inc. for the period from inception to September 30, 2013.  The results of operations for the three months ended December 31, 2013, are not necessarily indicative of the results that may be expected for the full year. We are a development-stage company under ASC 915 - Development Stage Entities.
	PER-SHARE INFORMATION
	Basic per-share information includes the weighted average shares outstanding during the periods.  Dilutive per-share information includes options and warrants, to the extent these are not anti-dilutive.  During the periods presented, no securities were included in the computation of dilutive shares outstanding using the treasury-stock method since the exercise prices exceeded the average market value of the Company's common stock.
	CONVERTIBLE DEBT
	Convertible debt is accounted for under the guidelines established by Accounting Standards Codification (“ASC”) 470-20 “Debt with Conversion and Other Options”. ASC 470-20 governs the calculation of an embedded beneficial conversion, which is treated as an additional discount to the instruments where derivative accounting (explained below) does not apply. The amount of the value of warrants and beneficial conversion feature may reduce the carrying value of the instrument to zero, but no further. The discounts relating to the initial recording of the derivatives or beneficial conversion features are accreted over the term of the debt.
	The Company calculates the fair value of warrants and conversion features issued with the convertible instruments using the Black-Scholes valuation method, using the same assumptions used for valuing employee options for purposes of ASC 718 “Compensation – Stock Compensation”, except that the contractual life of the warrant or conversion feature is used. Under these guidelines, the Company allocates the value of the proceeds received from a convertible debt transaction between the conversion feature and any other detachable instruments (such as warrants) on a relative fair value basis. The allocated fair value is recorded as a debt discount or premium and is amortized over the expected term of the convertible debt to interest expense.
	The Company accounts for modifications of its BCF’s in accordance with ASC 470-50 “Modifications and Extinguishments”. ASC 470-50 requires the modification of a convertible debt instrument that changes the fair value of an embedded conversion feature and the subsequent recognition of interest expense or the associated debt instrument when the modification does not result in a debt extinguishment.
	RECENT ACCOUNTING PRONOUNCEMENTS
	The Financial Accounting Standards Board issues Accounting Standard Updates (“ASUs”) to amend the authoritative literature in Accounting Standards Codification (“ASC”). There have been a number of ASUs to date that amend the original text of ASC. The Company believes those issued to date either (i) provide supplemental guidance, (ii) are technical corrections, (iii) are not applicable to the Company or (iv) are not expected to have a significant impact on the Company.

Going_Concern

Going Concern	3 Months Ended
	Dec. 31, 2013
Going Concern [Abstract]	'
GOING CONCERN	'
	NOTE 2. GOING CONCERN
	Vape’s financial statements reflect a net loss of $267,327, net cash used in operations of $18,058 and an accumulated deficit of $584,564. These matters raise substantial doubt about the ability of Vape to continue as a going concern. The management expects to obtain funding for the new operations for the foreseeable future; however, there are no assurances that the Company will obtain such funding.  Vape’s financial statements do not include any adjustments to reflect the possible effects on recoverability and classification of assets or the amounts and classification of liabilities that may result from the inability to continue as a going concern.

Accrued_Expenses

Accrued Expenses	3 Months Ended
	Dec. 31, 2013
Accrued Expenses [Abstract]	'
ACCRUED EXPENSES	'
	NOTE 3. ACCRUED EXPENSES
	Accrued expenses at December 31, 2013 and September 30, 2013 were $11,083 and $7,573, respectively, primarily for accrued interest on amounts due to related parties.

Due_to_Related_Parties

Due to Related Parties	3 Months Ended
	Dec. 31, 2013
Due To Related Parties [Abstract]	'
DUE TO RELATED PARTIES	'
	NOTE 4.  DUE TO RELATED PARTIES
	The Company had outstanding accounts payable balance to a related party (shareholder of the Company) in the amount of $15,000 as of September 30, 2013.  This payable was converted into a note payable on December 7, 2013 (see below).  The note payable bears interest of 6% per annum with a maturity date of December 1, 2016.
	On December 7, 2013, the company issued a note payable to a shareholder of the company in the amount of $23,462 for monies previously borrowed from shareholder.  The note bears interest of 6% per annum and matures on December 1, 2016.
	During the three months ended December 31, 2013, the Company had recorded $1,261 of interest expense related to these notes, of which $1,261 was recorded as interest expense during the three months ending December 31, 2013.

Convertible_Notes_Payable

Convertible Notes Payable	3 Months Ended
	Dec. 31, 2013
8% Convertible Notes [Abstract]	'
8% CONVERTIBLE NOTES	'
	NOTE 5.   CONVERTIBLE NOTES PAYABLE
	On October 16, 2013, the Company issued an 8% Convertible Note to a shareholder (“8% Note I”), in exchange for $2,420 which the Company received on April 15, 2013.  Per the terms of 8% Note I, the original principal balance is $2,420, and is not secured by any collateral or any assets pledged to the holder. The maturity date was April 15, 2015.Subject to certain limitations, the holder, at its sole discretion, could convert the outstanding and unpaid principal and interest into fully paid and nonassessable shares of the Company’s common stock. The conversion price for 8% Note I was the lowest market closing price per share within the previous twenty (20) market days of the date of conversion minus a discount of forty percent (40%).  The note was converted on December 23, 2013 into 3,990 shares.   We recorded a discount totaling $968 related to the beneficial conversion feature embedded in the note upon issuance.  Such amount was fully accreted to interest expense during the three months ended December 31, 2013 due to the conversion, together with accrued interest of $150.
	On October 16, 2013, the Company issued an 8% Convertible Note to a shareholder (“8% Note II”), in exchange for $30,300 which the Company received on July 3, 2013.  Per the terms of 8% Note II, the original principal balance was $30,300, and was not secured by any collateral or any assets pledged to the holder. The maturity was July 3, 2015.  Subject to certain limitations, the holder, at its sole discretion, could convert the outstanding and unpaid principal and interest into fully paid and nonassessable shares of the Company’s common stock. The conversion price for 8% Note II was the lowest market closing price per share within the previous twenty (20) market days of the date of conversion minus a discount of forty percent (40%).  The note was converted on December 23, 2013 into49,139 shares of the Company’s common stock.   We recorded a discount totaling $12,120 related to the beneficial conversion feature embedded in the note upon issuance.  Such amount was fully accreted to interest expense during the three months ended December 31, 2013 due to the conversion, together with accrued interest of $ 1,239.
	On October 16, 2013, the Company issued an 8% Convertible Note to a shareholder (“8% Note III”) (collectively, the “8% Notes), in exchange for $180,940 which the company received on March 5, 2013.  Per the terms of 8% Note III, the original principal balance is $180,940, and is not secured by any collateral or any assets pledged to the holder. The maturity date is March 5, 2015, and the annual rate of interest is eight percent (8%).  Subject to certain limitations, the holder can, at its sole discretion, convert the outstanding and unpaid principal and interest into fully paid and nonassessable shares of the Company’s common stock. The conversion price for 8% Note III is the lowest market closing price per share within the previous twenty (20) market days of the date of conversion minus a discount of forty percent (40%). We recorded a discount totaling $72,376 related to the beneficial conversion feature embedded in the note upon issuance.  We amortized $12,772 of the discount to interest expense during the three months ended December 31, 2013.
	The Company has the ability to increase the authorized common stock of the Company in the event that the convertible notes require such adjustment.

Anslow_Jaclin_LLP_Convertible_

Anslow & Jaclin, LLP Convertible Promissory Note	3 Months Ended
	Dec. 31, 2013
Anslow & Jaclin, LLP Convertible Promissory Note [Abstract]	'
ANSLOW & JACLIN, LLP CONVERTIBLE PROMISSORY NOTE	'
	NOTE 6.  ANSLOW & JACLIN, LLP CONVERTIBLE PROMISSORY NOTE
	As of February 1, 2013, the Company had incurred certain debt owed to its former legal counsel, Anslow & Jaclin, LLP.  In or about May 2013, this debt was sold to certain founding shareholders of the Private Company on a pro rata basis (the “A&J Debt”).  The Company later issued a 6% Convertible Note documenting the convertible A&J Debt acquired by the founding shareholders of the Private Company (the “A&J Note”).  Per the terms of the A&J Note, the original principal balance is $17,750, and is not secured by any collateral or any assets pledged to the holder. The maturity date is December 31, 2015, and the annual rate of interest is six percent (6%).  Subject to certain limitations, a majority-in-interest of the shareholders can convert the outstanding and unpaid principal and interest into fully paid and nonassessable shares of the Company’s common stock. The conversion price for the A&J Note is $0.002 per share.  Additionally, the Company shall have the right to call the conversion of the A&J Note upon completion of the merger transaction between the Private Company and Vape and an increase in the authorized common stock of Vape.  We recorded a discount totaling $17,750 related to the beneficial conversion feature embedded in the note upon issuance.
	On December 24, 2013, the Company converted the entire principal and accrued interest of the A&J Note in the amount of $17,799 into 222,498 shares of the Company’s common stock at a per share conversion price of $0.002 issued on a pro rata basis to the shareholders of the Private Company.  All fractional shares created by the conversion of the A&J Note were rounded to the nearest whole share.  If the fraction created was one half or less, it was rounded down to the nearest whole share.  If the fraction was more than one half, it was rounded up to the nearest whole share.  Each shareholder received at least one share.  We fully accreted the discount of $17,750 to interest expense during the three months ended December 31, 2013 due to the conversion, together with accrued interest of $1,592.

Stockholders_Deficit

Stockholders' Deficit	3 Months Ended
	Dec. 31, 2013
Stockholders' Deficit [Abstract]	'
STOCKHOLDERS' DEFICIT	'
	NOTE 7.  STOCKHOLDERS’ DEFICIT
	Contributed Services
	During the period from Inception to December 31, 2013, $15,000 of services were provided by Jerome Kaiser, the Company’s Chief Executive Officer.  The fair value of contributed services were based on negotiated monthly salary and has been recognized in the statement of stockholders’ deficit as contributed services, and the accompanying statements of operations as general and administrative expenses.

Sharebased_Compensation

Share-based Compensation	3 Months Ended
	Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
SHARE-BASED COMPENSATION	'
	NOTE 8. SHARE-BASED COMPENSATION
	Warrants:
	Warrant activity during the three months ended December 31, 2013 was as follows:
		Shares		Weighted		Weighted		Aggregate
				Average		Average		Intrinsic
				Exercise		Remaining		Value
				Price		Contractual Term
	Warrants outstanding at September, 2013		34,200	$	28		3.1	$	-
	Warrants granted		-	$	-
	Warrants exercised		-	$	-
	Warrants cancelled/forfeited/expired		-	$	-
	Warrants outstanding at December 31, 2013		34,200	$	28		2.6	$	-
	Warrants exercisable at December 31, 2013		34,200	$	28		2.6	$	-
	The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the aggregate difference between the closing stock prices of the Company’s common stock at the specified dates and the exercise prices for in-the-money warrants) that would have been received by the warrant holders if all in-the-money warrants had been exercised on the specified dates.
	There were no warrants granted, forfeited or exercised during the three months ended December 31, 2013.
	Options:
	Option activity during the three months ended December 31, 2013, was as follows:
		Shares		Weighted		Weighted		Aggregate
				Average		Average		Intrinsic
				Exercise		Remaining		Value
				Price		Contractual Term
	Options outstanding at September 30, 2013		125,000	$	13.2		2.6	$	-
	Options granted		-	$	-
	Options exercised		-	$	-
	Options cancelled/forfeited/expired		-	$	-
	Options outstanding at December 31, 2013		125,000	$	13.2		2.1	$	-
	Options exercisable at December 31, 2013		125,000	$	13.2		2.1	$	-
	The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the aggregate difference between the closing stock prices of Vape’s common stock at the specified dates and the exercise prices for in-the-money options) that would have been received by the option holders if all in-the-money options had been exercised on the specified dates.
	There were no options granted, forfeited or exercised during the three months ended December 31, 2013. There were no options cancelled during the three months ended December 31, 2013. The Company did not record any stock-based option compensation during the three months ended December 31, 2013.
	The fair value of each option award is estimated on the date of grant using the Black-Scholes valuation model, consistent with the provisions of ASC 718. Because option-pricing models require the use of subjective assumptions, changes in these assumptions can materially affect the fair value of the options. Vape has limited relevant historical information to support the expected exercise behavior because no exercises have taken place.

Subsequent_Events

Subsequent Events	3 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	NOTE 9. SUBSEQUENT EVENTS
	On February 4, 2014, the Company issued a 10% Convertible Note (the “10% Note”) to a third-party consultant (the “Holder”) in the principal amount of $100,000 for services rendered to the Company.  The 10% Note is not secured by any collateral or any assets pledged to the Holder.  The maturity date is February 4, 2015 and the annual rate of interest is ten percent (10%).  Subject to certain limitations, the Holder can, at its sole discretion, convert the outstanding and unpaid principal and interest into fully paid and nonassessable shares of the Company’s common stock.  The conversion price for the 10% Note is $2.00 per share.
	On February 11, 2014, the Company issued 6% Convertible Notes (the “6% Notes”) to five (5) accredited investors (the “Holders”) with the aggregate principal amount of $110,000.  The 6% Notes are not secured by any collateral or any assets pledged to the Holders. The maturity date is February 11, 2015, and the annual rate of interest is six percent (6%).  Subject to certain limitations, the Holders can, at their sole discretion, convert the outstanding and unpaid principal and interest of their notes into fully paid and nonassessable shares of the Company’s common stock. The conversion price of these 6% Notes is the average of the fifteen (15) lowest daily VWAPs occurring during the twenty (20) consecutive trading days immediately preceding the date each Holder elects convert all of their 6% Note minus a discount of 40%.  In no event will the conversion price be less than $3.00 per share or greater than $8.00 per share.  The Company had a preexisting relationship with each of the Holders, and no general solicitation or advertising was used in connection with the issuance of the 6% Notes.
	On February 18, 2014, the Company issued an 8% Convertible Note to Kyle Tracey for monies borrowed from Mr. Tracey to cover outstanding accounts payable in the amount of $10,611.51 (the “Tracey Note”).  Per the terms of the Tracey Note, the original principal balance is $10,611.51, and is not secured by any collateral or any assets pledged to the holder. The maturity date is February 18, 2016, and the annual rate of interest is eight percent (8%).  Subject to certain limitations, the holder can, at its sole discretion, convert the outstanding and unpaid principal and interest into fully paid and nonassessable shares of the Company’s common stock. The conversion price for the Tracey Note is the lowest market closing price per share within the previous twenty (20) market days of the date of conversion minus a discount of forty percent (40%).
	On February 18, 2014, the Company issued 8% Convertible Notes to two third parties to cover outstanding accounts payable in the amount of $20,000.  Per the terms of the notes, the aggregate principal balance is $20,000, and is not secured by any collateral or any assets pledged to the holders. The maturity date is February 18, 2016, and the annual rate of interest is eight percent (8%).  Subject to certain limitations, the holders can, at their sole discretion, convert the outstanding and unpaid principal and interest into fully paid and nonassessable shares of the Company’s common stock. The conversion price for the notes is the lowest market closing price per share within the previous twenty (20) market days of the date of conversion minus a discount of forty percent (40%).
	On February 6, 2014, the Company announced that  the Company will be conducting a special meeting of shareholders on March 24, 2014 to approve the acquisition of the HIVE Ceramics vaporization product and associated intellectual property (the “Product”) from HIVE Ceramics, LLC.  The Company anticipates that a formal announcement on the proposed terms of the acquisition will be disclosed during the second half of February.  The record date of shareholders entitled to vote at the special meeting was set for February 14, 2014. Kyle Tracey, the Company’s Chief Executive Officer is also a member of HIVE Ceramics.
	Representatives of the Company have been actively marketing the Product in anticipation of the formal approval of the acquisition of the Product at the special meeting, including attending tradeshows, building a social media presence and solidifying its sales and distribution channels for the eventual full-scale sale of the Product under the Company.

Description_of_Business_and_Su1

Description of Business and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
ORGANIZATION	'
	ORGANIZATION
	Vape Holdings, Inc. (formerly PeopleString Corporation) (“Vape,” the “Company,” “we,” “us,” “our,” “our company”) is a holding company operating in the legal cannabis concentrate industry. The Company plans to design, market, and distribute various vaporization products under several unique brands and sales channels. The Company also intends to introduce a nonporous, non-corrosive, chemically inert ceramic vaporization element as a healthy, sustainable alternative to traditional titanium and quartz vaporization materials. This material can be used for a wide range of applications, including stand-alone vaporization products and "E-cigs." Electronic cigarettes come in a variety of designs ranging from those that look vastly like traditional cigarettes, to larger vaporizer units which are capable of vaporizing liquid with varying viscosity.  The process of vaporization is believed to eliminate the smoke, tar, ash, and other byproducts of traditional smoking by utilizing lower temperatures in a controlled electronic environment.
	The Company plans to rely on a combination of trademark, copyright, trade secret and patent laws in the United States as well as confidentiality procedures and contractual provisions to protect future proprietary technology and its brands, as they are developed.  While no such intellectual property exists at this time, the Company intends to create or acquire proprietary vaporizers and e-cigarettes, and various trademarks and copyrights for brands which are developed.  The Company is actively engaged in improving and expanding lines of branded products through business alliances and acquisitions as well as developing its branded retail business expansion.
	Vape and its business units are organized and directed to operate strictly in accordance with all applicable state and federal laws.
	On August 9, 2013, PeopleString Corporation, and its wholly-owned subsidiary, RewardString Corporation (“RewardString”), and Vape Holdings, Inc., a Nevada corporation (the “Private Company”), entered into a Merger and Reorganization Agreement (the “Agreement”) whereby the Private Company merged with RewardString, with the Private Company being the surviving entity (the “Merger”). In consideration for the merger, the shareholders of the Private Company received a total of approximately 187,381,500 shares of common stock of the merged company on a pro rata basis in exchange for 355,000 shares of the Private Company’s common stock, representing 100% of the outstanding common stock of the Private Company. The total shares of the merged company issued on a pro rata basis to the Private Company shareholders represented approximately 74.95% of the total issued and outstanding common stock of the merged company.
	The merger among PeopleString, RewardString and the Private Company was accounted for as a reverse acquisition and change in reporting entity, whereby the Private Company was the accounting acquirer.  The Merger was accounted for using the purchase method of accounting in accordance with ASC 805 Business Combinations, whereby the estimated purchase was allocated to tangible net assets acquired based upon preliminary fair values at the date of acquisition.  Accordingly, the assets and liabilities of PeopleString and RewardString were recorded at fair value; the assets of PeopleString Corporation were not significant.  The historical results of operations and cash flows of the Private Company are being reported beginning in the quarter ended December 31, 2013 in this Quarterly Report.  The Merger closed on September 30, 2013.   On September 30, 2013, the Company approved a change in fiscal year end of the Company from December 31st to September 30th due to a change in reporting entity.  The Company’s decision to change the fiscal year end was related to the Merger.  Following such change, the date of the Company’s next fiscal year end is September 30, 2014.
	Since the Private Company commenced operations on March 26, 2013 (“Inception”) due to the change in reporting entity and change in fiscal year, there are no reportable periods in 2012 to compare to those periods reported herein for 2013.
	The following unaudited pro forma information was prepared as if the acquisition had taken place at the beginning of the period for the period from Inception to December 31, 2013.
		Pro-Forma
		Combined
	Revenue	$	-
	Net loss	$	(392,947	)
	Net loss per share:
	Basic and diluted	$	(0.06	)
	Reverse Stock Split
	On December 24, 2013, the Company’s Board and a majority of its shareholders approved a one for forty (1:40) reverse stock split of the Company’s common stock (the “Reverse Stock Split”).  The Reverse Stock Split became effective on January 8, 2014.  As a result of the Reverse Stock Split, every forty (40) shares of issued and outstanding common stock of the Company were converted into one (1) share of common stock. All fractional shares created by the Reverse Stock Split were rounded to the nearest whole share.  If the fraction created was one half or less, it was rounded down to the nearest whole share.  If the fraction was more than one half, it was rounded up to the nearest whole share.  Each shareholder received at least one share. The number of the Company’s authorized shares of common stock did not change in connection with the Reverse Stock Split.
	Effective as of January 8, 2014, the Company amended its Certificate of Incorporation with the Delaware Secretary of State pursuant to a certificate of amendment (the “Certificate of Amendment”) to formally change its name from PeopleString Corporation to Vape Holdings, Inc. (the “Name Change”).  The Company’s Board of Directors and shareholders representing approximately 53.3% of the outstanding shares of the Company’s common stock approved the Name Change by written consent on December 24, 2013.
BASIS OF PRESENTATION	'
	BASIS OF PRESENTATION
	The accompanying unaudited interim financial statements have been prepared by the Company pursuant to the rules and regulations of the United States Securities Exchange Commission. Certain information and disclosures normally included in the annual financial statements prepared in accordance with the accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, all adjustments and disclosures necessary for a fair presentation of these financial statements have been included. Such adjustments consist of normal recurring adjustments.  As a result of the merger between Vape and PeopleString, whereby the Vape shareholders controlled the Company post merger.  This resulted in a change in reporting entity, whereby the historical financial statements of Vape are presented herein. The assets acquired and liabilities assumed were recorded at fair value; however, there were no significant assets acquired and approximately $24,000 in liabilities assumed.   These interim financial statements should be read in conjunction with the historical financial statements and related notes thereto of the Company filed with the Securities and Exchange Commission including our Annual Report on Form 10-K for the previous fiscal year ended December 31, 2012, as well as  Form 8-K filed on December 16, 2013 which included the financial statements for Vape Holdings, Inc. for the period from inception to September 30, 2013.  The results of operations for the three months ended December 31, 2013, are not necessarily indicative of the results that may be expected for the full year. We are a development-stage company under ASC 915 - Development Stage Entities.
PER-SHARE INFORMATION	'
	PER-SHARE INFORMATION
	Basic per-share information includes the weighted average shares outstanding during the periods.  Dilutive per-share information includes options and warrants, to the extent these are not anti-dilutive.  During the periods presented, no securities were included in the computation of dilutive shares outstanding using the treasury-stock method since the exercise prices exceeded the average market value of the Company's common stock.
CONVERTIBLE DEBT	'
	CONVERTIBLE DEBT
	Convertible debt is accounted for under the guidelines established by Accounting Standards Codification (“ASC”) 470-20 “Debt with Conversion and Other Options”. ASC 470-20 governs the calculation of an embedded beneficial conversion, which is treated as an additional discount to the instruments where derivative accounting (explained below) does not apply. The amount of the value of warrants and beneficial conversion feature may reduce the carrying value of the instrument to zero, but no further. The discounts relating to the initial recording of the derivatives or beneficial conversion features are accreted over the term of the debt.
	The Company calculates the fair value of warrants and conversion features issued with the convertible instruments using the Black-Scholes valuation method, using the same assumptions used for valuing employee options for purposes of ASC 718 “Compensation – Stock Compensation”, except that the contractual life of the warrant or conversion feature is used. Under these guidelines, the Company allocates the value of the proceeds received from a convertible debt transaction between the conversion feature and any other detachable instruments (such as warrants) on a relative fair value basis. The allocated fair value is recorded as a debt discount or premium and is amortized over the expected term of the convertible debt to interest expense.
RECENT ACCOUNTING PRONOUNCEMENTS	'
	RECENT ACCOUNTING PRONOUNCEMENTS
	The Financial Accounting Standards Board issues Accounting Standard Updates (“ASUs”) to amend the authoritative literature in Accounting Standards Codification (“ASC”). There have been a number of ASUs to date that amend the original text of ASC. The Company believes those issued to date either (i) provide supplemental guidance, (ii) are technical corrections, (iii) are not applicable to the Company or (iv) are not expected to have a significant impact on the Company.

Description_of_Business_and_Su2

Description of Business and Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Schedule of pro forma financial information	'
		Pro-Forma
		Combined
	Revenue	$	-
	Net loss	$	(392,947	)
	Net loss per share:
	Basic and diluted	$	(0.06	)

Sharebased_Compensation_Tables

Share-based Compensation (Tables)	3 Months Ended
	Dec. 31, 2013
Warrant [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Summary of option/warrants activity	'
		Shares		Weighted		Weighted		Aggregate
				Average		Average		Intrinsic
				Exercise		Remaining		Value
				Price		Contractual Term
	Warrants outstanding at September, 2013		34,200	$	28		3.1	$	-
	Warrants granted		-	$	-
	Warrants exercised		-	$	-
	Warrants cancelled/forfeited/expired		-	$	-
	Warrants outstanding at December 31, 2013		34,200	$	28		2.6	$	-
	Warrants exercisable at December 31, 2013		34,200	$	28		2.6	$	-
Stock Options [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Summary of option/warrants activity	'
		Shares		Weighted		Weighted		Aggregate
				Average		Average		Intrinsic
				Exercise		Remaining		Value
				Price		Contractual Term
	Options outstanding at September 30, 2013		125,000	$	13.2		2.6	$	-
	Options granted		-	$	-
	Options exercised		-	$	-
	Options cancelled/forfeited/expired		-	$	-
	Options outstanding at December 31, 2013		125,000	$	13.2		2.1	$	-
	Options exercisable at December 31, 2013		125,000	$	13.2		2.1	$	-

Description_of_Business_and_Su3

Description of Business and Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Revenue	'
Net loss	($392,947)
Net loss per share:	'
Basic and diluted	($0.06)

Description_of_Business_and_Su4

Description of Business and Summary of Significant Accounting Policies (Details Textual) (USD $)	3 Months Ended	0 Months Ended
	Dec. 31, 2013	Dec. 24, 2013	Aug. 09, 2013
		Board Of Directors And Shareholders [Member]	Merger And Reorganization Agreement [Member]
Description Of Business And Summary Of Significant Accounting Policies Textual [Abstract]	'	'	'
Business mergers and acquistion, Description	'	'	'On August 9, 2013, PeopleString Corporation, and its wholly-owned subsidiary, RewardString Corporation ("RewardString"), and Vape Holdings, Inc., a Nevada corporation (the "Private Company"), entered into a Merger and Reorganization Agreement (the "Agreement") whereby the Private Company merged with RewardString, with the Private Company being the surviving entity (the "Merger").
Reverse stock split, Description	'	'On December 24, 2013, the Company's Board and a majority of its shareholders approved a one for forty (1:40) reverse stock split of the Company's common stock (the "Reverse Stock Split"). The Reverse Stock Split became effective on January 8, 2014. As a result of the Reverse Stock Split, every forty (40) shares of issued and outstanding common stock of the Company were converted into one (1) share of common stock. All fractional shares created by the Reverse Stock Split were rounded to the nearest whole share.	'
Shares of common stock recieved by shareholders	'	'	187,381,500
Exchange of common stock shares on pro rata basis	'	'	355,000
Percentage of outstanding common stock of private company	'	'	100.00%
Percentage of common shares issued to Vape shareholders out of total issued and outstanding of merged company	'	'	74.95%
Percentage of common stock outstanding representing by the Board of Directors and shareholders	'	53.30%	'
Liabilities assumed	$24,000	'	'

Going_Concern_Details

Going Concern (Details) (USD $)	3 Months Ended	6 Months Ended	9 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2013
Going Concern (Textual)	'	'	'
Net income (loss)	($267,327)	($317,591)	($392,247)
Net cash used in operating activities	18,058	'	-75,759
Accumulated deficit	($584,564)	($317,237)	($584,564)

Accrued_Expenses_Details

Accrued Expenses (Details) (USD $)	Dec. 31, 2013	Sep. 30, 2013
Accrued Expenses (Textual)	'	'
Accrued expenses	$11,083	$7,573

Due_to_Related_Parties_Details

Due to Related Parties (Details) (USD $)	3 Months Ended		0 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Dec. 07, 2013	Sep. 30, 2013
			Shareholder [Member]	Shareholder [Member]
Due To Related Parties (Textual)	'	'	'	'
Accounts payable, related parties	'	'	'	$15,000
Interest rate	'	'	6.00%	'
Debt instrument, maturity date	'	'	1-Dec-16	'
Notes payable, related parties	71,967	'	23,462	'
Interest expense, related party	$1,261	'	'	'

Convertible_Notes_Payable_Deta

Convertible Notes Payable (Details) (USD $)	3 Months Ended	9 Months Ended	1 Months Ended	0 Months Ended	3 Months Ended	1 Months Ended	0 Months Ended	3 Months Ended	0 Months Ended	3 Months Ended
	Dec. 31, 2013	Dec. 31, 2013	Dec. 23, 2013	Oct. 16, 2013	Dec. 31, 2013	Dec. 23, 2013	Oct. 16, 2013	Dec. 31, 2013	Oct. 16, 2013	Dec. 31, 2013
			8% Note I [Member]	8% Note I [Member]	8% Note I [Member]	8% Note II [Member]	8% Note II [Member]	8% Note II [Member]	8% Note III [Member]	8% Note III [Member]
Convertible Notes (Textual)	'	'	'	'	'	'	'	'	'	'
Convertible note	'	'	'	$2,420	'	'	$30,300	'	$180,940	'
Debt Instrument, face amount	'	'	'	2,420	'	'	30,300	'	180,940	'
Maturity date	'	'	'	15-Apr-15	'	'	3-Jul-15	'	5-Mar-15	'
Convertible notes, description	'	'	'	'The conversion price for 8% Note I was the lowest market closing price per share within the previous twenty (20) market days of the date of conversion minus a discount of forty percent (40%).	'	'	'The conversion price for 8% Note II was the lowest market closing price per share within the previous twenty (20) market days of the date of conversion minus a discount of forty percent (40%).	'	'The conversion price for 8% Note III was the lowest market closing price per share within the previous twenty (20) market days of the date of conversion minus a discount of forty percent (40%).	'
Common stock issued on conversion	'	'	3,990	'	'	49,139	'	'	'	'
Interest expense	'	'	'	'	150	'	'	1,239	'	12,772
Discount related to beneficial conversion feature	$72,376	$72,376	'	'	$968	'	'	$12,120	'	$72,376

Anslow_Jaclin_LLP_Convertible_1

Anslow & Jaclin, LLP Convertible Promissory Note (Details) (USD $)	3 Months Ended	9 Months Ended	0 Months Ended		3 Months Ended
	Dec. 31, 2013	Dec. 31, 2013	Dec. 24, 2013	Feb. 15, 2013	Dec. 31, 2013	Feb. 01, 2013
			A & J Note [Member]	A & J Note [Member]	A & J Note [Member]	A & J Note [Member]
Anslow & Jaclin, LP Convertible Promissory Note (Textual)	'	'	'	'	'	'
Principle amount	'	'	$17,799	$17,750	'	'
Conversion price	'	'	$0.00	'	'	$0.00
Annual rate of interest	'	'	'	'	'	6.00%
Conversion shares	'	'	222,498	'	'	'
Interest expense	'	'	'	'	1,592	'
Maturity date	'	'	'	31-Dec-15	'	'
Discount related to beneficial conversion feature	$72,376	$72,376	'	'	$17,750	'

Stockholders_Deficit_Details

Stockholders' Deficit (Details) (USD $)	3 Months Ended	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2013
Stockholders' Deficit (Textual)	'	'
Contributed services rendered	$102,000	$102,000
Jerome Kaiser [Member]	'	'
Stockholders' Deficit (Textual)	'	'
Contributed services rendered	'	$15,000

Sharebased_Compensation_Detail

Share-based Compensation (Details) (USD $)	3 Months Ended	6 Months Ended
	Dec. 31, 2013	Sep. 30, 2013
Warrant [Member]	'	'
STOCK OPTIONS/WARRANTS:	'	'
Options/ Warrants outstanding, Shares, Beginning balance	34,200	'
Granted	'	'
Exercised	'	'
Cancelled/forfeited/expired	'	'
Options/ Warrants Outstanding, Shares, Ending Balance	34,200	34,200
Options/ Warrants exercisable, Shares	34,200	'
Weighted Average Exercise Price, Beginning balance	$28	'
Granted, Weighted Average Exercise Price	'	'
Exercised, Weighted Average Exercise Price	'	'
Cancelled/forfeited/expired, Weighted Average Exercise Price	'	'
Weighted Average Exercise Price, Ending Balance	$28	$28
Options/ Warrants exercisable, Weighted Average Exercise Price	$28	'
Options/ Warrants outstanding, Weighted Average Remaining Contractual Term	'2 years 7 months 6 days	'3 years 1 month 6 days
Options/ Warrants exercisable, Weighted Average Remaining Contractual Term	'2 years 7 months 6 days	'
Outstanding, Aggregate Intrinsic Value, Beginning balance	'	'
Outstanding, Aggregate Intrinsic value, Balance	'	'
Options/ Warrants exercisable, Aggregate Intrinsic value	'	'
Stock Options [Member]	'	'
STOCK OPTIONS/WARRANTS:	'	'
Options/ Warrants outstanding, Shares, Beginning balance	125,000	'
Granted	'	'
Exercised	'	'
Cancelled/forfeited/expired	'	'
Options/ Warrants Outstanding, Shares, Ending Balance	125,000	125,000
Options/ Warrants exercisable, Shares	125,000	'
Weighted Average Exercise Price, Beginning balance	$13.20	'
Granted, Weighted Average Exercise Price	'	'
Exercised, Weighted Average Exercise Price	'	'
Cancelled/forfeited/expired, Weighted Average Exercise Price	'	'
Weighted Average Exercise Price, Ending Balance	$13.20	$13.20
Options/ Warrants exercisable, Weighted Average Exercise Price	$13.20	'
Options/ Warrants outstanding, Weighted Average Remaining Contractual Term	'2 years 1 month 6 days	'2 years 7 months 6 days
Options/ Warrants exercisable, Weighted Average Remaining Contractual Term	'2 years 1 month 6 days	'
Outstanding, Aggregate Intrinsic Value, Beginning balance	'	'
Outstanding, Aggregate Intrinsic value, Balance	'	'
Options/ Warrants exercisable, Aggregate Intrinsic value	'	'

Subsequent_Events_Details

Subsequent Events (Details) (Subsequent Events [Member], USD $)	1 Months Ended	0 Months Ended		1 Months Ended
	Feb. 18, 2014	Feb. 11, 2014	Feb. 04, 2014	Feb. 18, 2014
	Kyle Tracey [Member]	Holder [Member]	Holder [Member]	Two Third Party Payor [Member]
	8% Convertible Note [Member]	6% Convertible Note [Member]	10% Convertible Note [Member]	8% Convertible Note [Member]
Subsequent Events (Textual)	'	'	'	'
Principle amount	$10,611.51	$110,000	$100,000	$20,000
Maturity date	18-Feb-16	11-Feb-15	4-Feb-15	18-Feb-16
Annual rate of interest	8.00%	6.00%	10.00%	8.00%
Conversion price	'	'	$2	'
Convertible notes, description	'The conversion price for the Tracey Note is the lowest market closing price per share within the previous twenty (20) market days of the date of conversion minus a discount of forty percent (40%).	'The conversion price of these 6% Notes is the average of the fifteen (15) lowest daily VWAPs occurring during the twenty (20) consecutive trading days immediately preceding the date each Holder elects convert all of their 6% Note minus a discount of 40%. In no event will the conversion price be less than $3.00 per share or greater than $8.00 per share	'	'
				The conversion price for the notes is the lowest market closing price per share within the previous twenty (20) market days of the date of conversion minus a discount of forty percent (40%).
Accounts payable outstanding	$10,611.51	'	'	$20,000