Accredited Solutions (ASII) 10-Q 15 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Sep. 30, 2019shares
Document And Entity Information
Entity Registrant Name	Good Hemp, Inc.
Entity Central Index Key	0001464865
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Sep. 30, 2019
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019
Entity Ex Transition Period	true
Entity Common Stock Shares Outstanding	1,952,470

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Sep. 30, 2019	Dec. 31, 2018
CURRENT ASSETS:
Cash	$ 4,286
Trade accounts receivable	15,442
Due from Lender	42,500
Inventory	239,195
Total current assets	301,423
OTHER ASSETS:
Intellectual property	12,000
Total Assets	313,423
CURRENT LIABILITIES:
Accounts payable	70,996	9,763
Interest payable	4,669
Owners notes	300,000
Due to related parties	92,027	100,165
Total current liabilities	467,692	109,928
LONG-TERM LIABILITIES:
Interest payable	4,986
Lender notes	107,500
Owners notes	221,512
Total long-term liabilities	333,998
Total liabilities	801,690	109,928
STOCKHOLDER'S EQUITY
Preferred stock - Series "A", authorized - 30,000,000, par value $0.001 Issued and outstanding - $- (December 31, 2018 - 30,000,000)		30,000
Common stock - authorized, 150,000,000, par value $0.001 Issued and outstanding - 1,952,470 (December 31, 2018 -1,434,720)	1,953	1,435
Additional paid in capital	4,868,548	5,089,066
Accumulated deficit	(5,358,768)	(5,230,429)
Total stockholders' deficit	(488,267)	(109,928)
Total liabilities and stockholders' deficit	$ 313,423

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2019	Dec. 31, 2018
STOCKHOLDER'S EQUITY
Preferred stock, shares par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	30,000,000	30,000,000
Preferred stock, shares outstanding		30,000,000
Preferred stock, shares issued		30,000,000
Common stock, shares par value	$ 0.001	$ 0.001
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares outstanding	1,952,470	1,434,720
Common stock, shares issued	1,952,470	1,434,720

STATEMENT OF OPERATIONS (UNAUDI

STATEMENT OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
STATEMENT OF OPERATIONS (UNAUDITED)
Net sales	$ 70,540		$ 177,477
Cost of sales	71,656		179,153
Gross loss	(1,116)		(1,676)
Operating expenses	(86,208)		(125,821)	(101,118)
Operating loss	(87,324)		(127,497)
Other income and other expenses, net	918		(842)
Provision for income taxes
Net (loss) income	$ (86,406)	$ (101,118)	$ (128,339)	$ (101,118)
Net loss per share- basic and diluted	$ (0.05)		$ (0.08)	$ (14.18)
Weighted average number of common shares- basic and diluted	1,843,679	1,433,620	1,598,441	1,433,620

Statement Of Stockholder's Equi

Statement Of Stockholder's Equity - USD ($)	Total	Common Stock [Member]	Preferred Stock [Member]	Common Stock issuable shares	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Balance, shares at Dec. 31, 2017		1,433,720
Balance, amount at Dec. 31, 2017	$ (38,910)	$ 1,434			$ 5,088,967	$ (5,129,311)
Net Income (Loss)
Stock issued for service, shares		1,000	30,000,000
Stock issued for services, amount	$ 30,100	$ 1	$ 30,000		$ 99
Balance, shares at Mar. 31, 2018		1,434,720	30,000,000
Balance, amount at Mar. 31, 2018	$ (8,810)	$ 1,435	$ 30,000		$ 5,089,066	$ (5,129,311)
Balance, shares at Dec. 31, 2017		1,433,720
Balance, amount at Dec. 31, 2017	$ (38,910)	$ 1,434			$ 5,088,967	$ (5,129,311)
Purchase of intellectual property, amount
Conversion of preferred stock to common stock, amount
Balance, shares at Sep. 30, 2018		143,470	30,000,000
Balance, amount at Sep. 30, 2018	$ (109,928)	$ 1,435	$ 30,000		$ 5,086,066	$ (5,230,429)
Balance, shares at Mar. 31, 2018		1,434,720	30,000,000
Balance, amount at Mar. 31, 2018	$ (8,810)	$ 1,435	$ 30,000		$ 5,089,066	$ (5,129,311)
Net Income (Loss)
Balance, shares at Jun. 30, 2018		1,434,720	30,000,000
Balance, amount at Jun. 30, 2018	$ (8,810)	$ 1,435	$ 30,000		$ 5,089,066	$ (5,129,311)
Net Income (Loss)	$ (101,118)					$ (101,118)
Balance, shares at Sep. 30, 2018		143,470	30,000,000
Balance, amount at Sep. 30, 2018	$ (109,928)	$ 1,435	$ 30,000		$ 5,086,066	$ (5,230,429)
Balance, shares at Dec. 31, 2018		1,434,720	30,000,000
Balance, amount at Dec. 31, 2018	$ (109,928)	$ 1,435	$ 30,000		$ 5,089,066	$ (5,230,429)
Net Income (Loss)	$ (7,849)					$ (7,849)
Return of preferred stock to treasury, shares			(12,000,000)
Purchase of intellectual property, shares			12,000,000
Return of preferred stock to treasury, amount	$ (12,000)		$ (12,000)
Conversion of note payable into common stock, shares				67,750
Purchase of intellectual property, amount	12,000		$ 12,000
Conversion of note payable into common stock, amount	$ 50,000			$ 68	$ 49,932
Balance, shares at Mar. 31, 2019		1,434,720	(30,000,000)	(67,750)
Balance, amount at Mar. 31, 2019	$ (67,777)	$ 1,435	$ 30,000	$ 68	$ (138,998)	$ (5,238,278)
Balance, shares at Dec. 31, 2018		1,434,720	30,000,000
Balance, amount at Dec. 31, 2018	$ (109,928)	$ 1,435	$ 30,000		$ 5,089,066	$ (5,230,429)
Purchase of intellectual property, amount	(12,000)
Conversion of preferred stock to common stock, amount	$ 12,000
Balance, shares at Sep. 30, 2019		1,952,470
Balance, amount at Sep. 30, 2019	$ (488,267)				$ 4,868,548	$ (5,358,768)
Balance, shares at Mar. 31, 2019		1,434,720	(30,000,000)	(67,750)
Balance, amount at Mar. 31, 2019	$ (67,777)	$ 1,435	$ 30,000	$ 68	$ (138,998)	$ (5,238,278)
Net Income (Loss)	$ (34,084)					$ (34,084)
Conversion of note payable into common stock, shares		67,750		(67,750)
Conversion of note payable into common stock, amount		$ 68		$ 68
Balance, shares at Jun. 30, 2019		1,502,470	30,000,000
Balance, amount at Jun. 30, 2019	$ (101,861)	$ 1,503	$ 30,000		$ (5,138,998)	$ (5,272,362)
Net Income (Loss)	(86,406)					$ (86,406)
Return of preferred stock to treasury, amount	(300,000)		$ (18,000)		(282,000)
Preferred stock purchase, shares			(18,000,000)
Conversion of preferred stock to common stock, shares		450,000	(12,000,000)
Conversion of preferred stock to common stock, amount	$ 0	$ 450	$ (12,000)		$ 11,550
Balance, shares at Sep. 30, 2019		1,952,470
Balance, amount at Sep. 30, 2019	$ (488,267)				$ 4,868,548	$ (5,358,768)

STATEMENT OF CASH FLOWS (UNAUDI

STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (128,339)	$ (101,118)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock issued for services		30,100
Trade receivables	(15,443)
Inventory	(239,196)
Accounts payable and accrued liabilities	61,234	9,763
Cash used in Operating Activities	(321,744)	(61,255)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of intellectual property	(12,000)
Net cash used in investing activities	(12,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Conversion of note payables to common stock, net	50,000
Issuance of preferred stock	12,000
Issuance of note to unrelated party	62,000
Issuance of notes to owners, net of Owner Advances	214,030	61,255
Net cash provided by financing activities	338,030	61,255
Net change in cash	4,286
Cash - beginning of period
Cash - end of period	4,286
Supplementary information
Preferred stock purchases and returns to treasury, net	300,000
Conversion of preferred stock into common stock	12,000
Non-cash interest expense	$ 9,655

NATURE OF OPERATIONS

NATURE OF OPERATIONS	9 Months Ended
	Sep. 30, 2019
NATURE OF OPERATIONS
NOTE 1. NATURE OF OPERATIONS	Good Hemp, Inc. (the “Company” or “Good Hemp”), formerly known as Keyser Resources, Inc., and Lone Star Gold, Inc., was incorporated in the State of Nevada on November 26, 2007. The Company was involved in the exploration and development of mining properties until September 30, 2013 when it discontinued operations. In 2017, the Company was put into receivership and in 2018, it emerged from receivership. On September 11, 2019 the Company's Board of Directors, pursuant to Nevada Revised Statute 92A.280, amended the Company's Articles of Incorporation to change the name of the Company from Lone Star Gold, Inc. to Good Hemp, Inc. The amendment was filed with the Nevada Secretary of State on September 12, 2019. On November 11, 2019, Good Hemp was notified by FINRA that; (i) the name change will become effective in the over-the-counter markets as of November 12, 2019, and (ii) the new ticker symbol for Good Hemp will be GHMP. During the quarter ended March 31, 2019, Mr. Alessi returned to treasury 12,000,000 shares of Series “A” preferred stock to facilitate the acquisition of certain intellectual property as disclosed below and in Note 4 below. As result $12,000 has been added to his loan account in lieu of payment. On February 6, 2019, the Company issued 12,000,000 shares of its Series “A” preferred stock to S. Mark Spoone in consideration for the acquisition of Spoone’s trademarks and intellectual property, which included all rights and trade secrets to the hemp-derived CBD-infused line of consumer beverages sold under the “Good Hemp” brand. Since then, the Company has been conducting operations under the “Good Hemp” trade name. On April 30, 2019, the Company acquired from Mr. Spoone the CANNA HEMP and CANNA trademarks including all rights and trade secrets and related inventory for consideration totaling $32,462.39. On February 12, 2019 Chris Chumas acquired 6,000,000 shares of preferred stock from William Alessi for $100,000 in cash. On July 11, 2019 Good Hemp appointed Chris Chumas as a director of the Company. On July 22, 2019 the Company purchased shares of its Class A Preferred Stock from the following persons: Name Class A Preferred Shares Consideration William Alessi 12,000,000 $ 200,000 (1) Chris Chumas 6,000,000 $ 100,000 (1) (1) Payment for the preferred shares was in the form of a Note. The Note bears interest at 8% per year, is due and payable on December 31, 2019 and is unsecured. On July 22, 2019 S. Mark Spoone converted his 12,000,000 shares of the Company's Class A Preferred Stock into 450,000 shares of the Company's common stock.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	(a) Basis of Presentation In the opinion of the Company’s management, these unaudited interim financial statements reflect all adjustments necessary to present fairly the Company’s financial position at September 30, 2019 and December 31, 2018, the results of operations for the three and nine months ended September 30, 2019 and 2018, and the statements of cash flows for the nine months ended September 30, 2019 and 2018. The results of operations for the nine months ended September 30, 2019 are not necessarily indicative of the results to be expected for the entire fiscal year. These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States and are expressed in US dollars. The Company’s fiscal year-end is December 31. (b) Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the recoverability of long-lived assets and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. (c) Financial Instruments The FASB issued ASC 820-10, Fair Value Measurements and Disclosures - Level 1: Quoted prices in active markets for identical assets or liabilities - Level 2: Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities. - Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Cash Accounts Receivable and Allowance for Doubtful Accounts Inventory (d) Net Loss Per Common Share The Company computes net income or loss per share in accordance with ASC 260 Earnings per Share. Under the provisions of the Earnings per Share Topic ASC, basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive. (e) Income Taxes The Company accounts for its income taxes in accordance with ASC 740 Income Taxes, which requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. A valuation allowance is provided for the amount of deferred tax assets that would otherwise be recorded for income tax benefits primarily relating to operating loss carryforwards as realization cannot be determined to be more likely than not. The statement establishes a more-likely-than-not threshold for recognizing the benefits of tax return positions in the financial statements. Also, the statement implements a process for measuring those tax positions which meet the recognition threshold of being ultimately sustained upon examination by the taxing authorities. There are no uncertain tax positions taken by the Company on its tax returns and the adoption of the statement had no material impact to the Company’s consolidated financial statements. The Company files tax returns in the US and states in which it has operations and is subject to taxation. Tax years subsequent to 2013 remain open to examination by U.S. federal and state tax jurisdictions. (f) Recently Issued Accounting Pronouncements In June 2018, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting, which expands the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees except for certain circumstances. Any transition impact will be a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. This ASU is effective for the annual period beginning after December 15, 2018, including interim periods within that annual period and early adoption is permitted. We adopted this guidance on January 1, 2019 and the adoption of ASU No. 2018-07 did not have a material impact on our financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which will require organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. Qualitative and quantitative disclosures are required, and optional practical expedients may be elected. This ASU is effective for the annual period beginning after December 15, 2018, including interim periods within that annual period. Subsequent amendments to the initial guidance have been issued in January 2017, January 2018, and July 2018 within ASU No. 2017-03, ASU No. 2018-01, ASU No. 2018-10, and ASU No. 2018-11 regarding qualitative disclosures, optional practical expedients, codification improvements and an optional transition method to adopt with a cumulative-effect adjustment versus a modified retrospective approach. These updates do not change the core principle of the guidance under ASU No. 2016-02, but rather provide implementation guidance. We adopted this guidance on January 1, 2019 and the adoption of ASU No. 2016.02 did not have a material impact on our financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. The accounting standard changes the methodology for measuring credit losses on financial instruments and the timing when such losses are recorded. ASU No. 2016-13 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. The Company is currently evaluating the impact of ASU No. 2016-13 on its financial position, results of operations and liquidity, but does not expect this pronouncement will have a material impact on our financial statements. In January 2017, the FASB issued ASU No. 2017-04, “Intangibles and Other (Topic 350): Simplifying the Test for Goodwill Impairment”, which eliminates the requirement to calculate the implied fair value of goodwill, but rather requires an entity to record an impairment charge based on the excess of a reporting unit’s carrying value over its fair value. This amendment is effective for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted. The Company is currently evaluating the impact of ASU No. 2017-04 on its financial position and results of operations. In February 2018, the FASB issued ASU No. 2018-02 (ASU No. 2018-02), “Income Statement - Reporting Comprehensive Income (Topic 220)”, which amended the previous guidance to allow for certain tax effects “stranded” in accumulated other comprehensive income, which are impacted by the Tax Reform Act signed into law on December 22, 2017, to be reclassified from accumulated other comprehensive income into retained earnings. This amendment pertains only to those items impacted by the new tax law and does not apply to any future tax effects stranded in accumulated other comprehensive income. This standard was effective for fiscal years beginning after December 15, 2018, and allowed for early adoption. The adoption of ASU No. 2018-02 did not have an impact on the Company’s financial position, results of operations and liquidity. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement, which modifies the disclosure requirements on fair value measurement by removing, modifying, and adding certain disclosures. This ASU is effective for the annual period beginning after December 15, 2019, including interim periods within that annual period. We do not expect this pronouncement will have a material impact on our financial statements. In August 2018, the SEC adopted amendments to simplify certain disclosure requirements, as set forth in Securities Act Release No. 33-10532, Disclosure Update and Simplification, which includes a requirement for entities to present the changes in shareholders’ equity in the interim financial statements in quarterly reports on Form 10-Q. This amendment is effective for all filings made on or after November 5, 2018. In light of the timing of effectiveness of the amendment and proximity to the filing date for most filers’ quarterly reports, the SEC has allowed for a filer’s first presentation of the changes in shareholders’ equity to be included in its Form 10-Q for the quarter that begins after the effective date. This pronouncement did not have a material impact on our financial statements. In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2018-15, “Intangibles–Goodwill and Other–Internal–Use Software (Topic 350): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract.” ASU No. 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. ASU No. 2018-15 is effective for the Company on a prospective or retrospective basis beginning on January 1, 2020, with early adoption permitted. The Company is currently evaluating the impact of ASU No. 2018-15 on its financial position, results of operations and liquidity.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2019
GOING CONCERN
NOTE 3 - GOING CONCERN	As reflected in the financial statements, the Company had a working capital deficit of $(166,269) at September 30, 2019 and suffered a loss of $(128,339) for the nine months ended September 30, 2019. Which raises substantial doubt as to the Company’s ability to continue as a going concern in the future. The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company is unable to continue as a going concern.

PURCHASE OF INTELLECTUAL PROPER

PURCHASE OF INTELLECTUAL PROPERTY	9 Months Ended
	Sep. 30, 2019
PURCHASE OF INTELLECTUAL PROPERTY
NOTE 4. PURCHASE OF INTELLECTUAL PROPERTY	On February 6, 2019, the Company, entered into an Intellectual Property Purchase Agreement Agreement Seller On April 30, 2019, the Company acquired from S. Mark Spoone the CANNA HEMP and CANNA trademarks including all rights and trade secrets and related inventory for consideration totaling $32,462.39. At September 30, 2019, the Company had not attributed any value to the acquired trademarks.

TERMINATION OF MATERIAL CONTRAC

TERMINATION OF MATERIAL CONTRACT	9 Months Ended
	Sep. 30, 2019
TERMINATION OF MATERIAL CONTRACT
NOTE 5. TERMINATION OF MATERIAL CONTRACT	In 2018, the Company had entered into an agreement with Infinity, Inc.(“Infinity”). On February 6, 2019, the Company terminated its agreement with Infinity since the transaction had not closed by January 14, 2019, as required by the agreement. The Company was to acquire all of the outstanding shares of Infinity, Inc. under certain conditions. On February 6, 2019, the Company terminated its acquisition agreement with Infinity, Inc. because the acquisition transaction had not closed by January 14, 2019, as required by the agreement.

CAPITAL STOCK

CAPITAL STOCK	9 Months Ended
	Sep. 30, 2019
CAPITAL STOCK
NOTE 6. CAPITAL STOCK	On February 28, 2019, the Company was advised that FINRA had received the necessary documentation to announce a 1:100 reverse split. This corporate action took effect on 3/1/2019 and on that date every 100 outstanding shares of the Company’s common stock share were automatically converted into one share of common stock. The accompanying financials have been retroactively adjusted to reflect the 1:100 reverse split. See Note 1 for information concerning the retirement of the Company’s Series A Preferred Stock.

NOTES PAYABLE

NOTES PAYABLE	9 Months Ended
	Sep. 30, 2019
NOTES PAYABLE
NOTE 7. NOTES PAYABLE	On March 14, 2019 the Company borrowed $50,000 from an unrelated third party. The loan was unsecured, bore interest at 8% per year, and was due and payable on September 14, 2019. At the option of the note holder, the note may at any time be converted into shares of the Company’s common stock. The number of shares to be issued upon conversion would be determined by dividing the amount to be converted by 60% of the average of the three lowest closing prices of the Company’s common stock during the ten trading days immediately preceding the conversion date. If at any time prior to July 14, 2020 the Company sells or issues any shares of its common stock at a price below $1.20 per share the Company will issue such number of additional shares of its common stock to the note holder as determined by the following: A B = C A $1.20 = D C – D = Number of additional shares to be issued to the note holder Where: A = The principal amount of the note previously converted by the note holder. B = The price per share at which the Company’s common stock was sold or issued. On March 15, 2019 the note holder exercised its option to convert the note into 67,750 restricted shares of the Company’s common stock. The common stock was issued to the note holder in April 2019. On September 10, 2019, the Company borrowed $65,000 from an unrelated party. The loan bears interest at a rate of 10% per year and is due and payable on September 10, 2020. At any time on or before March 8, 2020 the Company may prepay the loan by paying the Lender the outstanding loan principal and accrued interest plus premiums ranging from 15% to 37%. After March 8, 2020 the Company may not repay the loan without the consent of the Lender. At any time after March 8, 2020 any unpaid principal is convertible into the Company's common stock at a conversion price equal to the market price of the Company's common stock multiplied by 65%. "Market Price" means the lowest trading price for the Company's common stock during the twenty trading days ending on the latest complete trading day prior to the conversion. On October 1, 2019, the Company borrowed $42,500 from an unrelated third party. The loan bears interest at a rate of 10% per year and is due and payable on October 1, 2020. At any time on or before March 29, 2020 the Company may prepay the loan by paying the Lender the outstanding loan principal and accrued interest plus premiums ranging from 15% to 37%. After March 29, 2020 the Company may not repay the loan without the consent of the Lender. At any time after March 29, 2020 any unpaid principal is convertible into the Company's common stock at a conversion price equal to the market price of the Company's common stock multiplied by 65%. "Market Price" means the lowest trading price for the Company's common stock during the twenty trading days ending on the latest complete trading day prior to the conversion.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2019
RELATED PARTY TRANSACTIONS
NOTE 8 - RELATED PARTY TRANSACTIONS	All related party transactions are recorded at the exchange amount which is the value established and agreed to by the related party. A payable to a related party of $17,574 to Maurice Bideaux, the Company’s former chief executive officer and director, was forgiven by Mr. Bideaux in 2010. An additional advance from Mr. Bideaux of $38,910 remains unpaid. During the year ended December 31, 2018, Mr. William Alessi has advanced on behalf of the Company, a total of $61,255 which is non-interest bearing, unsecured and has no fixed terms of repayment. During the quarter ended June 30, 2019, Mr. Alessi advanced a total of $111,000 which is non-interest bearing, unsecured and has no fixed terms of repayment. In addition, during the quarter ended June 30, 2019, Mr. Chumas, a Company director, advanced a total of $51,498.36 which is non-interest bearing, unsecured and has no fixed terms of repayment. As of July 17, 2019 the Company was indebted to the following persons for funds they advanced to the Company: William Alessi $ 61,255.00 JanBella Group $ 110,000.00 Chris Chumas $ 50,287.40 William Alessi is an officer and director of the Company. JanBella Group is controlled by Mr. Alessi. Chris Chumas is a director of the Company. On July 18, 2019 the Company issued Promissory Notes to Mr. Alessi, JanBella Group and Mr. Chumas to evidence the amounts they advanced to the Company. The Notes are due on demand, bear interest at 10% per year, and are secured by all of the Company's assets. At the option of the Note Holders, the Notes may be converted into shares of the Company's common stock. The number of shares which will be issued upon any conversion of the Notes will be determined by dividing the principal amount to be converted (plus, at the option of the Note Holder, accrued and unpaid interest) by the lower of (i) $0.001 or, (ii) 50% of the lowest bid price during the forty-five consecutive trading day period ending on the trading day immediately prior to the conversion date.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2019
SUBSEQUENT EVENTS
NOTE 9 - SUBSEQUENT EVENTS	The Company has evaluated all transactions from September 30, 2019 through the financial statement issuance date for subsequent event disclosure consideration and noted no significant subsequent event that needs to be disclosed.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	In the opinion of the Company’s management, these unaudited interim financial statements reflect all adjustments necessary to present fairly the Company’s financial position at September 30, 2019 and December 31, 2018, the results of operations for the three and nine months ended September 30, 2019 and 2018, and the statements of cash flows for the nine months ended September 30, 2019 and 2018. The results of operations for the nine months ended September 30, 2019 are not necessarily indicative of the results to be expected for the entire fiscal year. These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States and are expressed in US dollars. The Company’s fiscal year-end is December 31.
Use of Estimates	The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the recoverability of long-lived assets and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
Financial Instruments	The FASB issued ASC 820-10, Fair Value Measurements and Disclosures - Level 1: Quoted prices in active markets for identical assets or liabilities - Level 2: Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities. - Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Cash Accounts Receivable and Allowance for Doubtful Accounts Inventory
Net Loss Per Common Share	The Company computes net income or loss per share in accordance with ASC 260 Earnings per Share. Under the provisions of the Earnings per Share Topic ASC, basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive.
Income Taxes	The Company accounts for its income taxes in accordance with ASC 740 Income Taxes, which requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. A valuation allowance is provided for the amount of deferred tax assets that would otherwise be recorded for income tax benefits primarily relating to operating loss carryforwards as realization cannot be determined to be more likely than not. The statement establishes a more-likely-than-not threshold for recognizing the benefits of tax return positions in the financial statements. Also, the statement implements a process for measuring those tax positions which meet the recognition threshold of being ultimately sustained upon examination by the taxing authorities. There are no uncertain tax positions taken by the Company on its tax returns and the adoption of the statement had no material impact to the Company’s consolidated financial statements. The Company files tax returns in the US and states in which it has operations and is subject to taxation. Tax years subsequent to 2013 remain open to examination by U.S. federal and state tax jurisdictions.
Recently Issued Accounting Pronouncements	In June 2018, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting, which expands the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees except for certain circumstances. Any transition impact will be a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. This ASU is effective for the annual period beginning after December 15, 2018, including interim periods within that annual period and early adoption is permitted. We adopted this guidance on January 1, 2019 and the adoption of ASU No. 2018-07 did not have a material impact on our financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which will require organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. Qualitative and quantitative disclosures are required, and optional practical expedients may be elected. This ASU is effective for the annual period beginning after December 15, 2018, including interim periods within that annual period. Subsequent amendments to the initial guidance have been issued in January 2017, January 2018, and July 2018 within ASU No. 2017-03, ASU No. 2018-01, ASU No. 2018-10, and ASU No. 2018-11 regarding qualitative disclosures, optional practical expedients, codification improvements and an optional transition method to adopt with a cumulative-effect adjustment versus a modified retrospective approach. These updates do not change the core principle of the guidance under ASU No. 2016-02, but rather provide implementation guidance. We adopted this guidance on January 1, 2019 and the adoption of ASU No. 2016.02 did not have a material impact on our financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. The accounting standard changes the methodology for measuring credit losses on financial instruments and the timing when such losses are recorded. ASU No. 2016-13 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. The Company is currently evaluating the impact of ASU No. 2016-13 on its financial position, results of operations and liquidity, but does not expect this pronouncement will have a material impact on our financial statements. In January 2017, the FASB issued ASU No. 2017-04, “Intangibles and Other (Topic 350): Simplifying the Test for Goodwill Impairment”, which eliminates the requirement to calculate the implied fair value of goodwill, but rather requires an entity to record an impairment charge based on the excess of a reporting unit’s carrying value over its fair value. This amendment is effective for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted. The Company is currently evaluating the impact of ASU No. 2017-04 on its financial position and results of operations. In February 2018, the FASB issued ASU No. 2018-02 (ASU No. 2018-02), “Income Statement - Reporting Comprehensive Income (Topic 220)”, which amended the previous guidance to allow for certain tax effects “stranded” in accumulated other comprehensive income, which are impacted by the Tax Reform Act signed into law on December 22, 2017, to be reclassified from accumulated other comprehensive income into retained earnings. This amendment pertains only to those items impacted by the new tax law and does not apply to any future tax effects stranded in accumulated other comprehensive income. This standard was effective for fiscal years beginning after December 15, 2018, and allowed for early adoption. The adoption of ASU No. 2018-02 did not have an impact on the Company’s financial position, results of operations and liquidity. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement, which modifies the disclosure requirements on fair value measurement by removing, modifying, and adding certain disclosures. This ASU is effective for the annual period beginning after December 15, 2019, including interim periods within that annual period. We do not expect this pronouncement will have a material impact on our financial statements. In August 2018, the SEC adopted amendments to simplify certain disclosure requirements, as set forth in Securities Act Release No. 33-10532, Disclosure Update and Simplification, which includes a requirement for entities to present the changes in shareholders’ equity in the interim financial statements in quarterly reports on Form 10-Q. This amendment is effective for all filings made on or after November 5, 2018. In light of the timing of effectiveness of the amendment and proximity to the filing date for most filers’ quarterly reports, the SEC has allowed for a filer’s first presentation of the changes in shareholders’ equity to be included in its Form 10-Q for the quarter that begins after the effective date. This pronouncement did not have a material impact on our financial statements. In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2018-15, “Intangibles–Goodwill and Other–Internal–Use Software (Topic 350): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract.” ASU No. 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. ASU No. 2018-15 is effective for the Company on a prospective or retrospective basis beginning on January 1, 2020, with early adoption permitted. The Company is currently evaluating the impact of ASU No. 2018-15 on its financial position, results of operations and liquidity.

NATURE OF OPERATIONS (Tables)

NATURE OF OPERATIONS (Tables)	9 Months Ended
	Sep. 30, 2019
NATURE OF OPERATIONS
Schedule of Preferred stock purchased	Name Class A Preferred Shares Consideration William Alessi 12,000,000 $ 200,000 (1) Chris Chumas 6,000,000 $ 100,000 (1)

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2019
RELATED PARTY TRANSACTIONS
Schedule of related party debt payable	William Alessi $ 61,255.00 JanBella Group $ 110,000.00 Chris Chumas $ 50,287.40

NATURE OF OPERATIONS (Details)

NATURE OF OPERATIONS (Details)	Jul. 22, 2019USD ($)shares
Chris Chumas [Member]
Class A preferred shares | shares	6,000,000
Consideration | $	$ 100,000
William Alessi [Member]
Class A preferred shares | shares	12,000,000
Consideration | $	$ 200,000

NATURE OF OPERATIONS (Details N

NATURE OF OPERATIONS (Details Narrative) - USD ($)	Feb. 12, 2019	Jul. 22, 2019	Apr. 30, 2019	Feb. 06, 2019	Sep. 30, 2019
State of incorporation					Nevada
Date of incorporation					Nov. 26, 2007
Sale of preferred stock	6,000,000
Related inventory consideration			$ 32,462
Proceeds from preferred stock	$ 100,000
S Mark Spoone [Member]
Common stock shares issued		450,000
Preferred stock converted into common stock		12,000,000
Series A Preferred Stock [Member]
Stock issued during period shares acquisitions				12,000,000
Returned to treasury					12,000,000
Addition to loan account					$ 12,000

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative)	9 Months Ended
	Sep. 30, 2019USD ($)
GOING CONCERN (Details Narrative)
Working capital deficit	$ (166,269)
Loss	$ (128,339)

PURCHASE OF INTELLECTUAL PROP_2

PURCHASE OF INTELLECTUAL PROPERTY (Details Narrative) - USD ($)	Feb. 06, 2019	Apr. 30, 2019	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Related inventory consideration		$ 32,462
Preferred stock shares issued for acquisation					30,000,000
Proceeds from issuance of preferred stock			$ 12,000
Series A Preferred Stock [Member]
Preferred stock shares issued for acquisation	12,000,000
Proceeds from issuance of preferred stock	$ 12,000

CAPITAL STOCK (Details Narrativ

CAPITAL STOCK (Details Narrative)	1 Months Ended
	Feb. 28, 2019
CAPITAL STOCK (Details Narrative)
Reverse split	FINRA had received the necessary documentation to announce a 1:100 reverse split.
Conversion description	This corporate action took effect on 3/1/2019 and on that date every 100 outstanding shares of the Company’s common stock share were automatically converted into one share of common stock.
Adjustment to reflect reverse split	The accompanying financials have been retroactively adjusted to reflect the 1:100 reverse split.

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative) - USD ($)	Oct. 01, 2019	Sep. 10, 2019	Mar. 15, 2019	Mar. 14, 2019
Proceeds from unrelated third party	$ 42,500	$ 65,000		$ 50,000
Interest rate	10.00%	10.00%		8.00%
Shares issuable description				The number of shares to be issued upon conversion would be determined by dividing the amount to be converted by 60% of the average of the three lowest closing prices of the Company’s common stock during the ten trading days immediately preceding the conversion date.
Restricted Stock [Member]
Note converted into restricted shares			67,750
Maximum [Member]
Accrued interest rate	37.00%	37.00%
Minimum [Member]
Accrued interest rate	15.00%	15.00%

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Converted description	(i) $0.001 or, (ii) 50% of the lowest bid price during the forty-five consecutive trading day period ending on the trading day immediately prior to the conversion date
Due to related party	$ 92,027		$ 100,165
Mr. Alessi [Member]
Advanced total		$ 111,000	$ 61,255
Mr. Chumas [Member]
Advanced total		$ 51,498
Mr. Bideaux [Member]
Due to related party	38,910
Mr. Bideaux [Member] | 2010 [Member]
Debt instrument, decrease, forgiveness	$ 17,574

RELATED PARTY TRANSACTIONS (D_2

RELATED PARTY TRANSACTIONS (Details)	Jul. 17, 2019USD ($)
Chris Chumas [Member]
Indebtness debt	$ 50,287
William Alessi [Member]
Indebtness debt	61,255
JanBella Group [Member]
Indebtness debt	$ 110,000