Transportation and Logistics Systems (TLSS) 10-Q 17 Feb 15 2015 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Dec. 31, 2014	Feb. 13, 2015
Document And Entity Information
Entity Registrant Name	PETROTERRA CORP.
Entity Central Index Key	1463208
Document Type	10-Q
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Current Fiscal Year End Date	-28
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		65,626,364
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2015

Balance_Sheets_Unaudited

Balance Sheets (Unaudited) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Current assets
Cash	$4,487	$9,037
Prepaids	3,750
Total current assets	8,237	9,037
Oil & Gas Exploration	794,786	450,000
Fixed Assets, net of accumulated depreciation of $807 and $177 as of December 31, 2014 and March 31, 2014, respectively	3,565	1,423
Website, net of accumulated amortization of $9,310 and $2,734, as of December 31, 2014 and March 31, 2014, respectively	20,493	27,069
Total Assets	827,081	487,529
Current Liabilities
Accounts payable	83,203	22,873
Accrued liabilities	46,170	14,688
Accrued liabilities, director	20,000	15,000
Notes payable, related-party	10,118	10,118
Total current liabilities	159,491	62,679
Total liabilities	159,491	62,679
Shareholders' Equity
Preferred Stock: $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2014 and March 31, 2014.
Common stock; $0.001 par value, 100,000,000 shares authorized; 65,029,930 and 63,699,000 shares issued and outstanding as of December 31, 2014 and March 31, 2014, respectively	65,029	63,699
Additional paid-in capital	1,324,456	634,786
Common stock payable	37,500	90,000
Accumulated Deficit	-759,395	-363,635
Total shareholders' equity	667,590	424,850
Total liabilities and shareholders' equity	$827,081	$487,529

Balance_Sheets_Unaudited_Paren

Balance Sheets (Unaudited) (Parenthetical) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Statement of Financial Position [Abstract]
Fixed Assets, net of accumulated depreciation	$807	$177
Website, net of accumulated amortization	$9,310	$2,734
Preferred Stock, par value	$0.00	$0.00
Preferred Stock, authorized	10,000,000	10,000,000
Preferred Stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	65,029,930	63,699,000
Common Stock, shares outstanding	65,029,930	63,699,000

Statements_of_Operations_Unaud

Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
EXPENSES
Lease property and exploration costs	$39,661		$88,608
General and administrative expenses	43,514	48,291	124,966	48,291
Professional fees	45,648	61,945	141,186	67,485
Stock compensation expense			41,000
Net loss from Operation before Taxes	-128,823	-110,236	-395,760	-115,776
PROVISION FOR INCOME TAXES
NET LOSS	($128,823)	($110,236)	($395,760)	($115,776)
(LOSS) PER COMMON SHARE - BASIC AND DILUTED	$0	$0	($0.01)	$0
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	64,991,567	62,986,500	64,554,748	56,356,909

Statements_of_Cash_Flows_Unaud

Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
OPERATING ACTIVITIES
Net income (loss)	($395,760)	($115,776)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Common stock issued for services	41,000
Depreciation and amortization	7,206	586
Increase (decrease) in:
Other Receivables		-3,500
Prepaids	-3,750
Accounts payables and accrued liabilities	3,044	32,158
Accrued expenses	31,482
Related Party Loans - paid directly to vendors on behalf of the Company		16,157
Accrued payroll, officer	5,000	10,000
Net cash used in operating activities	-311,778	-60,375
INVESTING ACTIVITIES
Investment in Oil & Gas Exploration	-100,000	-100,000
Investment in fixed assets	-2,772	-30,853
Net cash used in investing activities	-102,772	-130,853
FINANCING ACTIVITIES
Sales of Common stock	410,000	225,000
Net cash provided by financing activities	410,000	225,000
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-4,550	33,772
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	9,037
CASH AND CASH EQUIVALENTS - END OF PERIOD	4,487	33,772
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest
Cash paid for taxes
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for services	41,000
Conversion of Debt to equity		51,525
Common stock issued for the acquisition of land lease	187,500	250,000
Oil & Gas Exploration costs payable	$57,286

Organization_and_Business_Oper

Organization and Business Operations	9 Months Ended
	Dec. 31, 2014
Organization And Business Operations
Organization and Business Operations	1. ORGANIZATION AND BUSINESS OPERATIONS
	PetroTerra Corp. (the “Company”) was incorporated under the laws of the State of Nevada, on July 25, 2008. The Company is an independent exploration and development company focused on the acquisition of property (or property leases enabling us to explore and exploit such property) that we believe may contain extractable oil and/or gas. The Company plans to identify, evaluate and acquire oil and gas exploration and development opportunities primarily within the United States. The Company has not generated any revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise.

Going_Concern

Going Concern	9 Months Ended
	Dec. 31, 2014
Going Concern
Going Concern	2. GOING CONCERN
	The financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred losses since inception resulting in an accumulated deficit of $759,395 as of December 31, 2014 and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities which have arisen from normal business operations as they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand loans from our director and/or private placements of common stock.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation
	The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.
	These statements reflect all adjustments, including of normal recurring adjustments, which, in the opinion of management, are necessary for fair presentation of the information contained therein. It is suggested that these unaudited interim financial statements be read in conjunction with the financial statements of the Company for the year ended March 31, 2014 and notes thereto included in the Company’s annual report on Form 10-K. The Company follows the same accounting policies in the preparation of its annual and interim reports.
	Cash and Cash Equivalents
	The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.
	Use of Estimates and Assumptions
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In management’s opinion, all adjustments necessary for a fair statement of the results for the interim periods have been made and all adjustments are of a normal recurring nature.
	Foreign Currency Translation
	The Company’s functional currency and its reporting currency is the United States dollar.
	Stock Split
	On December 18, 2013, the Company filed a Certificate of Change with the Secretary of State of the State of Nevada to effect a reverse stock split of its outstanding and authorized shares of common stock at a ratio of one for two (the “Reverse Stock Split”).
	As a result of the Reverse Stock Split, the Company’s authorized shares of common stock were decreased from 200,000,000 to 100,000,000 shares and its authorized shares of preferred stock were decreased from 20,000,000 to 10,000,000 shares. Upon the effectiveness of the Reverse Stock Split, which occurred on December 20, 2013, the Company’s issued and outstanding shares of common stock was decreased from 126,698,000 to 63,349,000 shares, all with a par value of $0.001. The Company has no outstanding shares of preferred stock. Accordingly, all share and per share information has been restated to retroactively show the effect of the Reverse Stock Split.
	Stock-based Compensation
	In September 2009, the FASB issued ASC-718, “Stock Compensation”. ASC-718 requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on the grant date fair value of the award. Under ASC-718, the Company must determine the appropriate fair value model to be used for valuing share-based payments, the amortization method for compensation cost and the transition method to be used at date of adoption.
	Income Taxes
	Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating losses and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.
	Basic and Diluted Loss Per Share
	The Company computes loss per share in accordance with ASC-260, “Earnings per Share” which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of outstanding shares of common stock during the period. Diluted loss per share gives effect to all dilutive potential shares of common stock outstanding during the period. Dilutive loss per share excludes all potential shares of common stock if their effect is anti-dilutive. The Company has no potential dilutive instruments and accordingly basic loss and diluted loss per share are equal.
	Fiscal Periods
	The Company’s fiscal year end is March 31.
	Revenue Recognition
	The Company will recognize revenue in accordance with ACS - 605, “Revenue recognition”, ASC-605 requires that four basic criteria be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.
	Oil and Gas
	The Company complies with ASC 932, “Extractive Activities - Oil and Gas”. The Company has capitalized exploratory well costs, and has determined that there are no suspended well costs that should be impaired. The Company reviews its long-lived assets for impairments when events or changes in circumstances indicate that impairment may have occurred.
	Website
	The Company capitalizes the costs associated with the development of the Company’s website pursuant to ASC - 350, “Goodwill and Other”. Other costs related to the maintenance of the website are expensed as incurred. Amortization is provided over the estimated useful lives of three years using the straight-line method for financial statement purposes. The Company commenced amortization upon completion of the Company’s fully operational website. Amortization expense for the nine months ended December 31, 2014 and 2013 totaled $6,576 and $542, respectively.
	Property and Equipment
	Property and equipment are carried at cost. Expenditures for major renewals and betterments that extend the useful lives of property and equipment are capitalized. Expenditures for maintenance and repairs are charged to expense as incurred. Depreciation and amortization of property and equipment is provided using the straight-line method for financial reporting purposes at rates based on the following estimated useful lives:
	Classification	Useful Life
	Computer equipment	3 Years
	Website design	3 Years
	Patents and trademarks	15 Years
	Advertising
	The Company follows the policy of charging the costs of advertising to expenses incurred. The Company incurred $0 in advertising costs during the nine months ended December 31, 2014.
	Recent Accounting Pronouncements
	ASU 2014-10, Development Stage Entities
	On June 10, 2014, the Financial Accounting Standards Board (“FASB”) issued update ASU 2014-10, Development Stage Entities (Topic 915). Amongst other things, the amendments in this update removed the definition of development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from US GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows and shareholders equity, (2) label the financial statements as those of a development stage entity; (3) disclose a description of the development stage activities in which the entity is engaged and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendments are effective for annual reporting periods beginning after December 31, 2014 and interim reporting periods beginning after December 15, 2015, however entities are permitted to early adopt for any annual or interim reporting period for which the financial statements have yet to be issued. The Company has elected to early adopt these amendments and accordingly have not labeled the financial statements as those of a development stage entity and have not presented inception-to-date information on the respective financial statements.

Acquisition_of_Oil_and_Gas_Pro

Acquisition of Oil and Gas Properties	9 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Acquisition of Oil and Gas Properties	4. ACQUISITION OF OIL AND GAS PROPERTIES
	On November 18, 2013, the Company entered into an assignment of lease (the “Agreement”) whereby Ardmore Investments Inc. (“Ardmore”) assigned to the Company its rights under a certain purchase agreement (the “Purchase Agreement”), dated August 8, 2013, between Ardmore and Pioneer Oil and Gas (“Pioneer”) involving the sale of 5,905.54 acres of oil and gas leases located in the Central Utah Thrust Belt in Beaver County and Sevier County, Utah and currently owned by Pioneer (the “Leases”). Per the terms of the Agreement, we issued to Ardmore an aggregate 500,000 shares (250,000 share installments) of our common stock on November 18, 2013, and April 12, 2014, in order to complete the assignment. Furthermore, on December 12, 2013, February 12, 2014, and April 12, 2014, the Company made three installment payments of $100,000 each to Pioneer. Upon completion of the final installment the leases were conveyed to the Company.
	Due to the lack of an active market of the Company’s common stock, the fair value of the common stock issued to Ardmore was determined based on the price at which the Company’s shares were most recently sold in a private placement transaction.

Common_Stock

Common Stock	9 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Common Stock	5. COMMON STOCK
	The Company’s authorized capital consist of 100,000,000 shares of common stock and 10,000,000 shares of preferred stock, both with a par value of $0.001 per share.
	This gives effect to the Company’s 32 for 1 forward stock split that was effected on January 3, 2012 and the Company’s subsequent Reverse Stock Split that was effected on December 18, 2013. All share and per share information has been restated in this Report to retroactively show the effect of the two stock splits.
	On December 18, 2013, the Company effectuated a Reverse Stock Split of its outstanding and authorized shares of common stock at a ratio of one for two. As a result of the Reverse Stock Split, the Company’s authorized shares of common stock were decreased from 200,000,000 to 100,000,000 shares and its authorized shares of preferred stock were decreased from 20,000,000 to 10,000,000 shares. Upon the effectiveness of the Reverse Stock Split, which occurred on December 20, 2013, the Company’s issued and outstanding shares of common stock was decreased from 126,698,000 to 63,349,000 shares, all with a par value of $0.001. The Company has no outstanding shares of preferred stock. Accordingly, all share and per share information has been restated to retroactively show the effect of the Reverse Stock Split.
	On November 28, 2008, the Company issued 14,400,000 shares of common stock at a price of $0.0000625 per share for total cash proceeds of $900.
	On December 4, 2008, the Company issued 32,000,000 shares of common stock at a price of $0.0000625 per share for total cash proceeds of $2,000.
	During the period December 10, 2008 to March 19, 2009, the Company issued 30,240,000 shares of common stock at a price of $0.000625 per share for total cash proceeds of $18,900.
	On December 14, 2011, in connection with a change in the Company’s directors, two controlling stockholders cancelled an aggregate of 23,872,000 shares of common stock. On the same day, 256,000 shares of common stock were issued to a director for services rendered. The common stock was valued at $0.000625 per share.
	On October 2, 2013, John Barton purchased 43.0% of the issued and outstanding shares of common stock of the Company from former stockholders. Concurrently with Mr. Barton’s purchase, the Board of Directors of the Company determined that it was in the best interest of the Company to settle a portion of an outstanding loan from Mr. Barton to the Company. In exchange for the settlement of the outstanding debt, the Company issued Mr. Barton 10,000,000 shares of common stock. Upon completion of the above transactions, Mr. Barton became the beneficial owner of 52.01% of the issued and outstanding shares of common stock .
	On November 1, 2013, the Company sold a total of 75,000 shares of common stock for gross proceeds of $75,000.
	On November 20, 2013, the Company issued 250,000 shares of common stock in conjunction with a land lease assignment with a value of $250,000.
	On December 19, 2013, the Company sold a total of 150,000 shares of common stock for gross proceeds of $150,000.
	On February 14, 2014, the Company sold a total of 200,000 shares of common stock for gross proceeds of $150,000.
	On March 6, 2014, the Company authorized the issuance of 50,000 shares of common stock to a third party entity for consulting services. The fair value of the shares of common stock was $37,500. On March 31, 2014, the $37,500 was recorded to common stock payable and a stock certificate representing the shares of common stock was issued on June 30, 2014.
	On March 10, 2014, the Company entered into a private placement for 100,000 shares of common stock for gross proceeds of $75,000. On March 10, 2014 and March 25, 2014, the Company received an aggregate of $52,500 of the proceeds. The remaining $22,500 of proceeds was received on April 24, 2014. A certificate representing the shares of common stock payable was issued on April 24 2014.
	On April 12, 2014, in connection with the Agreement, the Company issued to Ardmore 250,000 shares of our common stock.
	On May 7, 2014, the Company sold a total of 200,000 shares of common stock for gross proceeds of $150,000.
	On August 22, 2014 the Company sold a total of 483,871 shares of common stock for gross proceeds of $150,000.
	On September 2, 2014, the Company authorized the issuance of 50,000 shares of common stock to a third party entity for consulting services. The fair value of the shares of common stock was $20,500.
	On September 16, 2014, the Company authorized the issuance of 50,000 shares of common stock to the Company’s newly appointed Chief Operating Officer for consulting services. The fair value of the shares of common stock was $20,500.
	On October 24, 2014 the Company sold 147,059 shares of common stock for gross proceeds of $50,000.
	On November 17, 2014, the Company entered into a private placement for 80,645 shares of common stock for gross proceeds of $50,000. On December 8, 2014, the Company received $37,500 of the proceeds, however, the remaining $12,500 was received on January 8, 2015, wherein, the Company issued the shares. As the December 31, 2014, the $37,500 is recorded to common stock payable.
	As of December 31, 2014, the Company had 65,029,930 shares of common stock issued and outstanding.

Income_Taxes

Income Taxes	9 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Taxes	6. INCOME TAXES
	As of December 31, 2014, the Company had net operating loss carry forwards of approximately $759,395 that may be available to reduce future years’ taxable income through 2033. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur. Accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards.

Related_Party_Transactions

Related Party Transactions	9 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions	7. RELATED PARTY TRANSACTIONS
	The Company has received advances from certain of its officers and other related parties to meet short term working capital needs. These advances may not have formal repayment terms or arrangements. As of December 31, 2014 and March 31, 2014, the total amount loaned to the Company by a director was $10,118. The loan is non-interest bearing, due upon demand and unsecured.
	The Company incurred expense of $90,000 and $30,000 of compensation to the Chief Executive Officer for the nine months ending December 31, 2014 and 2013, respectively. As of December 31, 2014 and March 31, 2014, the Company had an outstanding compensation payable to the Chief Executive Officer of $20,000 and $15,000, respectively.
	On October 2, 2013, the Company settled an outstanding loan with a principal amount of $51,525 by exchanging 10,000,000 shares of common stock for conversion of outstanding debt of $20,000 due to the Company’s chief executive officer and the remaining $31,525 of outstanding debt due to the previous chief executive officer was extinguished to Additional paid-in capital.
	On October 2, 2013, the Company settled an outstanding loan with a principal amount of $20,000 due to the Company’s Chief Executive Officer in exchange for 10,000,000 shares of common stock.

Subsequent_Event

Subsequent Event	9 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
Subsequent Event	8. SUBSEQUENT EVENT
	The Company has evaluated subsequent events from December 31, 2014 through the filing of these financial statements. There are no significant subsequent events, except as disclosed below:
	Securities Purchase Agreement
	The Company entered into securities purchase agreement with a foreign investor (the “Investor”) exempt pursuant to Regulation S promulgated under the Securities Act of 1933, as amended (the “Securities Act”), pursuant to which the Company sold an aggregate of 80,645 shares of the Company’s common stock for gross proceeds of $50,000. As of December 31, 2014, $37,500 of the consideration for the shares is recorded to common stock payable until the securities purchase agreement was completed on January 21, 2015. See disclosure in Note 5.
	On January 29, 2015, the Company entered into securities purchase agreement with the Investor exempt pursuant to Regulation S promulgated under the Securities Act pursuant to which the Company sold an aggregate of 65,789 shares of the Company’s common stock for gross proceeds of $37,500.
	On February 2, 2015, the Company authorized the sale of securities for a purchase price of $80,000 from the Investor pursuant to Regulation S promulgated under the Securities Act pursuant to which the Company sold an aggregate of 115,942 shares of the Company’s common stock. On February 10, 2015, the Company received $60,000 of the gross proceeds.
	Consulting Services
	On January 31, 2015, the Company authorized the issuance of 50,000 shares of common stock in accordance with a January 2014 consulting agreement.
	Restricted Share Issuance
	On February 13, 2015, the Company issued our Chief Executive Officer a restricted stock grant of 400,000 shares of the Company’s common stock in accordance with the employment agreement dated February 4, 2014. The issuance occurs on each anniversary of the employment agreement, beginning on the first anniversary February 4, 2015. The restricted stock grant will vest 10 months following issuance.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
	The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.
	These statements reflect all adjustments, including of normal recurring adjustments, which, in the opinion of management, are necessary for fair presentation of the information contained therein. It is suggested that these unaudited interim financial statements be read in conjunction with the financial statements of the Company for the year ended March 31, 2014 and notes thereto included in the Company’s annual report on Form 10-K. The Company follows the same accounting policies in the preparation of its annual and interim reports.
Cash and Cash Equivalents	Cash and Cash Equivalents
	The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.
Use of Estimates and Assumptions	Use of Estimates and Assumptions
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In management’s opinion, all adjustments necessary for a fair statement of the results for the interim periods have been made and all adjustments are of a normal recurring nature.
Foreign Currency Translation	Foreign Currency Translation
	The Company’s functional currency and its reporting currency is the United States dollar.
Stock Split	Stock Split
	On December 18, 2013, the Company filed a Certificate of Change with the Secretary of State of the State of Nevada to effect a reverse stock split of its outstanding and authorized shares of common stock at a ratio of one for two (the “Reverse Stock Split”).
	As a result of the Reverse Stock Split, the Company’s authorized shares of common stock were decreased from 200,000,000 to 100,000,000 shares and its authorized shares of preferred stock were decreased from 20,000,000 to 10,000,000 shares. Upon the effectiveness of the Reverse Stock Split, which occurred on December 20, 2013, the Company’s issued and outstanding shares of common stock was decreased from 126,698,000 to 63,349,000 shares, all with a par value of $0.001. The Company has no outstanding shares of preferred stock. Accordingly, all share and per share information has been restated to retroactively show the effect of the Reverse Stock Split.
Stock-based Compensation	Stock-based Compensation
	In September 2009, the FASB issued ASC-718, “Stock Compensation”. ASC-718 requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on the grant date fair value of the award. Under ASC-718, the Company must determine the appropriate fair value model to be used for valuing share-based payments, the amortization method for compensation cost and the transition method to be used at date of adoption.
Income Taxes	Income Taxes
	Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating losses and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.
Basic and Diluted Loss Per Share	Basic and Diluted Loss Per Share
	The Company computes loss per share in accordance with ASC-260, “Earnings per Share” which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of outstanding shares of common stock during the period. Diluted loss per share gives effect to all dilutive potential shares of common stock outstanding during the period. Dilutive loss per share excludes all potential shares of common stock if their effect is anti-dilutive. The Company has no potential dilutive instruments and accordingly basic loss and diluted loss per share are equal.
Fiscal Periods	Fiscal Periods
	The Company’s fiscal year end is March 31.
Revenue Recognition	Revenue Recognition
	The Company will recognize revenue in accordance with ACS - 605, “Revenue recognition”, ASC-605 requires that four basic criteria be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.
Oil and Gas	Oil and Gas
	The Company complies with ASC 932, “Extractive Activities - Oil and Gas”. The Company has capitalized exploratory well costs, and has determined that there are no suspended well costs that should be impaired. The Company reviews its long-lived assets for impairments when events or changes in circumstances indicate that impairment may have occurred.
Website	Website
	The Company capitalizes the costs associated with the development of the Company’s website pursuant to ASC - 350, “Goodwill and Other”. Other costs related to the maintenance of the website are expensed as incurred. Amortization is provided over the estimated useful lives of three years using the straight-line method for financial statement purposes. The Company commenced amortization upon completion of the Company’s fully operational website. Amortization expense for the nine months ended December 31, 2014 and 2013 totaled $6,576 and $542, respectively.
Property and Equipment	Property and Equipment
	Property and equipment are carried at cost. Expenditures for major renewals and betterments that extend the useful lives of property and equipment are capitalized. Expenditures for maintenance and repairs are charged to expense as incurred. Depreciation and amortization of property and equipment is provided using the straight-line method for financial reporting purposes at rates based on the following estimated useful lives:
	Classification	Useful Life
	Computer equipment	3 Years
	Website design	3 Years
	Patents and trademarks	15 Years
Advertising	Advertising
	The Company follows the policy of charging the costs of advertising to expenses incurred. The Company incurred $0 in advertising costs during the nine months ended December 31, 2014.
Recent Accounting Pronouncements	Recent Accounting Pronouncements
	ASU 2014-10, Development Stage Entities
	On June 10, 2014, the Financial Accounting Standards Board (“FASB”) issued update ASU 2014-10, Development Stage Entities (Topic 915). Amongst other things, the amendments in this update removed the definition of development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from US GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows and shareholders equity, (2) label the financial statements as those of a development stage entity; (3) disclose a description of the development stage activities in which the entity is engaged and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendments are effective for annual reporting periods beginning after December 31, 2014 and interim reporting periods beginning after December 15, 2015, however entities are permitted to early adopt for any annual or interim reporting period for which the financial statements have yet to be issued. The Company has elected to early adopt these amendments and accordingly have not labeled the financial statements as those of a development stage entity and have not presented inception-to-date information on the respective financial statements.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Estimated Useful Life of Property and Equipment	Depreciation and amortization of property and equipment is provided using the straight-line method for financial reporting purposes at rates based on the following estimated useful lives:
	Classification	Useful Life
	Computer equipment	3 Years
	Website design	3 Years
	Patents and trademarks	15 Years

Going_Concern_Details_Narrativ

Going Concern (Details Narrative) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Going Concern
Accumulated deficit	$759,395	$363,635

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details Narrative) (USD $)	0 Months Ended	9 Months Ended
	Dec. 18, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Dec. 20, 2013
Reverse stock split	ratio of one for two
Common stock, shares authorized		100,000,000		100,000,000
Preferred stock, shares authorized		10,000,000		10,000,000
Common stock, shares outstanding		65,029,930		63,699,000
Common stock, shares issued		65,029,930		63,699,000
Common stock, par value		$0.00		$0.00	$0.00
Preferred stock, outstanding		0		0	0
Estimated useful life		3 years
Amortization expense		$6,576	$542
Advertising cost		$0
Maximum [Member]
Common stock, shares authorized		200,000,000
Preferred stock, shares authorized		20,000,000
Common stock, shares outstanding					126,698,000
Common stock, shares issued					126,698,000
Minimum [Member]
Common stock, shares authorized		100,000,000
Preferred stock, shares authorized		10,000,000
Common stock, shares outstanding					63,349,000
Common stock, shares issued					63,349,000

Summary_of_Significant_Account4

Summary of Significant Accounting Policies - Estimated Useful Life of Property and Equipment (Details)	9 Months Ended
	Dec. 31, 2014
Computer Equipment [Member]
Useful Life	3 years
Website Design [Member]
Useful Life	3 years
Patents and Trademarks [Member]
Useful Life	15 years

Acquisition_of_Oil_and_Gas_Pro1

Acquisition of Oil and Gas Properties (Details Narrative) (USD $)	0 Months Ended					3 Months Ended	0 Months Ended
	Apr. 12, 2014	Feb. 12, 2014	Dec. 12, 2013	Dec. 04, 2008	Nov. 28, 2008	Mar. 19, 2009	Nov. 18, 2013
							acre
Issuance of stock				32,000,000	14,400,000	30,240,000
Installment payment of acquire oil and gas	$100,000	$100,000	$100,000
Ardmore And Pioneer Oil And Gas [Member]
Acres of oil and gas selling							5,905.54
Ardmore [Member]
Issuance of stock							500,000
Number of shares issued in the installment basis	250,000

Common_Stock_Details_Narrative

Common Stock (Details Narrative) (USD $)	0 Months Ended															3 Months Ended	9 Months Ended		0 Months Ended
	Dec. 08, 2014	Oct. 24, 2014	Aug. 22, 2014	7-May-14	Apr. 24, 2014	Mar. 25, 2014	Mar. 10, 2014	Feb. 14, 2014	Dec. 18, 2013	Dec. 19, 2013	Nov. 20, 2013	Nov. 01, 2013	Jan. 03, 2012	Dec. 04, 2008	Nov. 28, 2008	Mar. 19, 2009	Dec. 31, 2014	Dec. 31, 2013	Nov. 17, 2014	Sep. 02, 2014	Mar. 06, 2014	Apr. 12, 2014	Nov. 18, 2013	Dec. 14, 2011	Sep. 16, 2014	Mar. 31, 2014	Dec. 20, 2013	Oct. 02, 2013
Common stock, shares authorized																	100,000,000									100,000,000
Preferred stock, authorized																	10,000,000									10,000,000
Common stock, par value																	$0.00									$0.00	$0.00
Preferred stock, par value																	$0.00									$0.00
Equity stock split description													This gives effect to the Company’s 32 for 1 forward stock split.
Reverse stock split									ratio of one for two
Common stock, shares issued																	65,029,930									63,699,000
Common stock, shares outstanding																	65,029,930									63,699,000
Common Stock issued during period														32,000,000	14,400,000	30,240,000
Reverse stock shares issuance price per share														$0.00	$0.00	$0.00
Cash received from shares issued		$50,000	$150,000	$150,000				$150,000		$150,000		$75,000		$2,000	$900	$18,900	$410,000	$225,000
Sale of stock during period, shares		147,059	483,871	200,000			100,000	200,000		150,000		75,000
Issuance of common stock for land lease assignment, shares											250,000
Issuance of common stock for land lease assignment											250,000
Stock issued during period for service, value																	41,000
Common stock payable																	37,500									90,000
Gross proceeds on sale of private placement	37,500				22,500	52,500	75,000
January 8, 2015 [Member]
Gross proceeds on sale of private placement																	12,500
Private Placement [Member]
Sale of stock during period, shares																			80,645
Gross proceeds on sale of private placement																			50,000
Third Party [Member]
Stock issued during period for service, shares																				50,000
Stock issued during period for service, value																				20,500
Mr John Barton [Member]
Purchase of issued and outstanding shares																												43.00%
Stock issued during period for debt																	10,000,000
Percentage of ownership after transaction																	52.01%
Third Party Entity For Consulting Services [Member]
Stock issued during period for service, shares																					50,000
Stock issued during period for service, value																					37,500
Common stock payable																										37,500
Ardmore [Member]
Common Stock issued during period																							500,000
Sale of stock during period, shares																						250,000
Director [Member]
Reverse stock shares issuance price per share																								$0.00
Number of stockholders common stock shares cancelled																								23,872,000
Stock issued during period for service, shares																								256,000
Chief Operating Officer [Member]
Stock issued during period for service, shares																									50,000
Stock issued during period for service, value																									$20,500
Maximum [Member]
Common stock, shares authorized																	200,000,000
Preferred stock, authorized																	20,000,000
Common stock, shares issued																											126,698,000
Common stock, shares outstanding																											126,698,000
Minimum [Member]
Common stock, shares authorized																	100,000,000
Preferred stock, authorized																	10,000,000
Common stock, shares issued																											63,349,000
Common stock, shares outstanding																											63,349,000

Income_Taxes_Details_Narrative

Income Taxes (Details Narrative) (USD $)	9 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Net operating loss carry forwards	$759,395
Operating loss carryforward expiration date	2033

Related_Party_Transactions_Det

Related Party Transactions (Details Narrative) (USD $)	0 Months Ended	9 Months Ended
	Oct. 02, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014
Loan from Director		$10,118		$10,118
Accrued liabilities		20,000		15,000
Chief Executive Officer [Member]
Compensation expense		90,000	30,000
Outstanding loan amount settled through exchange of shares	51,525
Stock issued during period for consideration of settlement of debt, shares	10,000,000
Stock issued during period for consideration of settlement of debt	20,000
Outstanding debt due to related party	31,525
Settled outstanding loan principal amount	20,000
Director [Member]
Accrued liabilities		$20,000		$15,000

Subsequent_Event_Details_Narra

Subsequent Event (Details Narrative) (USD $)	0 Months Ended									3 Months Ended	9 Months Ended		0 Months Ended		12 Months Ended	0 Months Ended
	Oct. 24, 2014	Aug. 22, 2014	7-May-14	Mar. 10, 2014	Feb. 14, 2014	Dec. 19, 2013	Nov. 01, 2013	Dec. 04, 2008	Nov. 28, 2008	Mar. 19, 2009	Dec. 31, 2014	Dec. 31, 2013	Jan. 31, 2015	Jan. 29, 2015	Feb. 02, 2015	Feb. 13, 2015	Mar. 31, 2014
Sale of stock during period, shares	147,059	483,871	200,000	100,000	200,000	150,000	75,000
Process from common stock	$50,000	$150,000	$150,000		$150,000	$150,000	$75,000	$2,000	$900	$18,900	$410,000	$225,000
Common stock payable											37,500						90,000
Subsequent Event [Member]
Sale of stock during period, shares											80,645			65,789	115,942
Process from common stock											50,000			37,500	60,000
Common stock payable											37,500
Sales of securities for purchase price from investors															$80,000
Number of common stock issued accordance with consulting agreement													50,000
Subsequent Event [Member] | Chief Executive Officer [Member]
Numebt of restricted stock grants during period																400,000
Restricted stock grant vested period																10 months