Document_and_Entity_Informatio
Document and Entity Information (USD $) | 9 Months Ended |
Sep. 30, 2014 | |
Document and Entity Information: | ' |
Entity Registrant Name | 'All Marketing Solutions, Inc. |
Document Type | '10-Q |
Document Period End Date | 30-Sep-14 |
Amendment Flag | 'false |
Entity Central Index Key | '0001464300 |
Current Fiscal Year End Date | '--12-31 |
Entity Common Stock, Shares Outstanding | 104,560,000 |
Entity Public Float | $104,560 |
Entity Filer Category | 'Smaller Reporting Company |
Entity Current Reporting Status | 'Yes |
Entity Voluntary Filers | 'No |
Entity Well-known Seasoned Issuer | 'No |
Document Fiscal Year Focus | '2014 |
Document Fiscal Period Focus | 'Q3 |
BALANCE_SHEETS
BALANCE SHEETS (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
BALANCE SHEETS | ' | ' |
Cash | $3,156 | $139 |
TOTAL CURRENT ASSETS | 3,156 | 139 |
TOTAL ASSETS | 3,156 | 139 |
Accounts payable and accrued liabilities | 86,103 | 35,242 |
Accounts payable - Related Party | 24,600 | 15,700 |
Loans from Related Party | 86,537 | 32,251 |
TOTAL CURRENT LIABILITIES | 197,240 | 83,193 |
Capital stock Authorized 200,000,000 shares of common stock, $0.001 par value, Issued and outstanding 104,710,000 and 100,560,000 shares at September 30, 2014 and December 31, 2013 respectively | 104,710 | 100,560 |
Additional Paid in Capital | 960,610 | -95,240 |
Deficit accumulated during the development stage | -1,259,404 | -88,374 |
TOTAL STOCKHOLDERS' EQUITY/(DEFICIT) | -194,084 | -83,054 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT) | $3,156 | $139 |
BALANCE_SHEETS_PARENTHETICAL
BALANCE SHEETS (PARENTHETICAL) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
BALANCE SHEETS (PARENTHETICAL) | ' | ' |
Common Stock, Per Value Per Share | $0.00 | $0.00 |
Common Stock, Shares Authorized | 200,000,000 | 200,000,000 |
Common Stock, Shares, Issued | 104,560,000 | 100,560,000 |
Common Stock, Shares Outstanding | 104,560,000 | 100,560,000 |
STATEMENTS_OF_OPERATIONS
STATEMENTS OF OPERATIONS (USD $) | 3 Months Ended | 9 Months Ended | 69 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | |
STATEMENTS OF OPERATIONS | ' | ' | ' | ' | ' |
Revenues | $0 | $0 | $0 | $0 | $0 |
Impairment of fixed asset | ' | ' | 1,000,000 | ' | 1,000,000 |
Office and general | 75,400 | 750 | 162,030 | 3,515 | 184,691 |
Professional Fees | 1,500 | 1,500 | 4,500 | 3,000 | 65,253 |
- related party | 1,500 | 1,500 | 4,500 | 6,000 | 18,700 |
Total Expenses | 78,400 | 4,050 | 1,171,030 | 12,515 | 1,268,644 |
NET LOSS | ($78,400) | ($3,750) | ($1,171,030) | ($12,515) | ($1,268,644) |
BASIC AND DILUTED LOSS PER COMMON SHARE | ' | ' | ($0.01) | ' | ' |
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING | 104,710,000 | 100,560,000 | 104,533,810 | 393,307,253 | 104,710,000 |
STATEMENTS_OF_STOCKHOLDERS_EQU
STATEMENTS OF STOCKHOLDER'S EQUITY (DEFICIT) (USD $) | Common Stock | Additional Paid in Capital | Share Subscription Receivable | Deficit Accumulated During the Development Stage | Total |
Balance, Value at Dec. 16, 2008 | ' | ' | ' | ' | ' |
Net Loss | ' | ' | ' | ($1,630) | ($1,630) |
Balance, Value at Dec. 31, 2008 | ' | ' | ' | -1,630 | -1,630 |
Common shares issued for cash at $0.00000417, Value | 2,280,000 | -2,270,500 | ' | ' | 9,500 |
Common shares issued for cash at $0.00000417, Shares | 2,280,000,000 | ' | ' | ' | ' |
Net Loss | ' | ' | ' | -23,497 | -23,497 |
Balance, Value at Dec. 31, 2009 | 2,280,000 | -2,270,500 | ' | -25,127 | -15,627 |
Balance, Shares at Dec. 31, 2009 | 2,280,000,000 | ' | ' | ' | ' |
Net Loss | ' | ' | ' | -15,660 | -15,660 |
Balance, Value at Dec. 31, 2010 | 2,280,000 | -2,270,500 | ' | -40,787 | -31,287 |
Balance, Shares at Dec. 31, 2010 | 2,280,000,000 | ' | ' | ' | ' |
Net Loss | ' | ' | ' | -13,978 | -13,978 |
Balance, Value at Dec. 31, 2011 | 2,280,000 | -2,270,500 | ' | -54,765 | -45,265 |
Balance, Shares at Dec. 31, 2011 | 2,280,000,000 | ' | ' | ' | ' |
Common shares issued for cash at $0.000125, Value | 40,560 | -35,490 | -5,070 | ' | ' |
Common shares issued for cash at $0.000125, Shares | 40,560,000 | ' | ' | ' | ' |
Subscription received | ' | ' | 5,070 | ' | 5,070 |
Net Loss | ' | ' | ' | -25,034 | -25,034 |
Balance, Value at Dec. 31, 2012 | 2,320,560 | -2,305,990 | ' | -79,799 | -65,229 |
Balance, Shares at Dec. 31, 2012 | 2,320,560,000 | ' | ' | ' | ' |
Share Redemption for $10 cash, Value | -2,220,000 | 2,210,750 | ' | 9,240 | -10 |
Share Redemption for $10 cash, Shares | -2,220,000,000 | ' | ' | ' | ' |
Net Loss | ' | ' | ' | -17,815 | -17,815 |
Balance, Value at Dec. 31, 2013 | 100,560 | -95,240 | ' | -88,374 | -83,054 |
Balance, Shares at Dec. 31, 2013 | 100,560,000 | ' | ' | ' | ' |
Common Stock issued for Capital Acquisition, for $0.25 per share, Value | 4,000 | 996,000 | ' | ' | 1,000,000 |
Common Stock issued for Capital Acquisition, for $0.25 per share, Shares | 4,000,000 | ' | ' | ' | ' |
Common Stock issued for cash at $0.40 per share in May, 2014, Value | 150 | 59,850 | ' | ' | 60,000 |
Common Stock issued for cash at $0.40 per share in May, 2014, Shares | 150,000 | ' | ' | ' | ' |
Net Loss | ' | ' | ' | -1,171,030 | -1,171,030 |
Balance, Value at Sep. 30, 2014 | $104,710 | $960,610 | $0 | ($1,259,404) | ($194,084) |
Balance, Shares at Sep. 30, 2014 | 104,710,000 | ' | ' | ' | ' |
STATEMENTS_OF_CASH_FLOWS
STATEMENTS OF CASH FLOWS (USD $) | 9 Months Ended | 69 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | |
STATEMENTS OF CASH FLOWS | ' | ' | ' |
NET LOSS | ($1,171,030) | ($12,515) | ($1,268,644) |
Impairment of Software source code | 1,000,000 | ' | 1,000,000 |
Expenses paid on company's behalf by related party vendor | ' | 7,165 | 10,535 |
Expenses paid on company's behalf by shareholder | 54,286 | 10 | 76,002 |
Increase (decrease) in accrued expenses | 59,761 | 5,245 | 110,703 |
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES | -56,983 | -95 | -71,404 |
Proceeds from sale of common stock | 60,000 | -10 | 71,404 |
NET CASH PROVIDED BY FINANCING ACTIVITIES | 60,000 | -10 | 71,404 |
NET INCREASE ( DECREASE) IN CASH | 3,017 | -105 | ' |
CASH, BEGINNING OF PERIOD | 139 | 244 | ' |
CASH, END OF PERIOD | $3,156 | $139 | ' |
Note_1_Condensed_Financial_Sta
Note 1 - Condensed Financial Statements | 3 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 1 - Condensed Financial Statements | ' |
NOTE 1 – CONDENSED FINANCIAL STATEMENTS | |
The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2014, and for all periods presented herein, have been made. | |
Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s December 31, 2013 audited financial statements. The results of operations for the periods ended September 30, 2014 and the same period last year are not necessarily indicative of the operating results for the full years. |
Note_2_Going_Concern
Note 2 - Going Concern | 3 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 2 - Going Concern | ' |
NOTE 2 – GOING CONCERN | |
The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has a working capital deficit of $194,084, an accumulated deficit of $1,259,404 and net loss from operations since inception of $1,268,644. The Company does not have a source of revenue sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan, or merge with an operating company. There can be no assurance that the Company will be successful in either situation in order to continue as a going concern. The Company is funding its initial operations by way of issuing Founder’s shares. | |
In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. | |
The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. |
Note_3_Impairment_of_Fixed_Ass
Note 3 - Impairment of Fixed Asset | 3 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 3 - Impairment of Fixed Asset | ' |
NOTE 3 - IMPAIRMENT OF FIXED ASSET | |
On January 8, 2014, the Company, completed the acquisition of, and exclusive rights in and to, computer source code related to software applications for the management of Internet cloud storage services in exchange for 4,000,000 shares of Common Restricted Stock at a value of $0.25 per share for the source and object code forms of the software applications. | |
Within the guidelines of the ASC, it was deemed that this acquisition of an intangible fixed asset of $1,000,000, did not pass the quantitive test of impairment and it has accordingly been written down to a zero balance. |
Note_4_Capital_Stock
Note 4 - Capital Stock | 3 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 4 - Capital Stock | ' |
NOTE 4 – CAPITAL STOCK | |
The Company’s capitalization is 200,000,000 common shares with a par value of $0.001 per share. No preferred shares have been authorized or issued. | |
On September 30, 2009, the President was issued 2,280,000,000 common shares for $9,500 cash, which was received on October 8, 2009. | |
In March, 2012 the Company issued 40,560,000 common shares for cash of $5,070. | |
On February 5, 2013 the Company approved that the 75,000,000 authorized common shares be increased to 200,000,000 authorized common shares | |
On February 5, 2013 the company approved a 240:1 forward stock split, which has been retroactively stated throughout. | |
On February 6, 2013 the Company redeemed 2,220,000,000 common shares (9,250,000 pre-split) for $10 cash. This resulted in a reduction in the Accumulated Deficit of $9,240. The stock was cancelled. | |
On January 8, 2014, the Company issued 4,000,000 common shares in exchange for a capital acquisition, at $0.25 per share. | |
On May 15, 2014, the Company issued 150,000 common shares for cash of $60,000. | |
As of September 30, 2014, the Company has not granted any stock options and has not recorded any stock-based compensation. | |
As of September 30, 2014, 104,710,000 (100,560,000 as of December 31, 2013) common shares were issued and outstanding. |
Note_5_Loan_Payable_Related_Pa
Note 5 - Loan Payable - Related Party Loans | 3 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 5 - Loan Payable - Related Party Loans | ' |
NOTE 5 – LOAN PAYABLE – RELATED PARTY LOANS | |
At September 30, 2014 the Company received a loan from related parties totaling $111,137 ($47,951 at December 31, 2013) of which $24,600 ($15,700 at December 31, 2013) were for expenses paid on behalf of the company by a vendor and $86,537 ($32,251 at December 31, 2013) were for expenses paid on behalf of a shareholder. These amounts are payable on demand and without interest. |
Note_6_Consulting_Agreement
Note 6 - Consulting Agreement | 3 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 6 - Consulting Agreement | ' |
NOTE 6 - CONSULTING AGREEMENT | |
On March 19, 2014 the Company entered into a consulting agreement to develop software development. The terms of agreement are for 9 months at $25,000 per month with effect from April 1, 2014 |
Note_7_Recent_Accounting_Prono
Note 7 - Recent Accounting Pronouncements | 3 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 7 - Recent Accounting Pronouncements | ' |
NOTE 7 - RECENT ACCOUNTING PRONOUNCEMENTS | |
The company has evaluated all the recent accounting pronouncements and believes that none of them will have a material effect on the company’s financial statement. |
Note_8_Subsequent_Events
Note 8 - Subsequent Events | 3 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 8 - Subsequent Events | ' |
NOTE 8 - SUBSEQUENT EVENTS | |
The Company has evaluated subsequent events from the balance sheet date through the date the financial statements were available to be issued and has determined that there are no further events to disclose. |