Document_And_Entity_Informatio
Document And Entity Information (USD $) | 12 Months Ended |
Jul. 31, 2013 | |
Document Information [Line Items] | |
Entity Registrant Name | XIANGTIAN (USA) AIR POWER CO., LTD. |
Document Type | 10-K |
Document Period End Date | 31-Jul-13 |
Amendment Flag | FALSE |
Entity Central Index Key | 1472468 |
Current Fiscal Year End Date | -24 |
Entity Common Stock, Shares Outstanding | 8,000,000 |
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 | 2013 |
Document Fiscal Period Focus | FY |
Entity Public Float | $8,000,000 |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Jul. 31, 2013 | Jul. 31, 2012 |
Current assets | ||
Cash | $4,430 | $97 |
Prepaid expense | 0 | 36,463 |
Total assets | 4,430 | 36,560 |
Current liabilities | ||
Accounts payable and accrued liabilities | 1,500 | 1,755 |
Advances from related parties | 84,283 | 51,273 |
Total liabilities | 85,783 | 53,028 |
Commitments and contingencies | ||
STOCKHOLDERS’ DEFICIT | ||
Preferred stock: $0.001 par value, 100,000,000 shares authorized, none issued and outstanding | 0 | 0 |
Common stock: $0.001 par value, 100,000,000 shares authorized, 8,000,000 shares issued and outstanding | 8,000 | 8,000 |
Additional paid-in capital | 74,960 | 68,960 |
Deficit accumulated during the development stage | -164,313 | -93,428 |
Total stockholders’ deficit | -81,353 | -16,468 |
Total liabilities and stockholders’ deficit | $4,430 | $36,560 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Jul. 31, 2013 | Jul. 31, 2012 |
Preferred stock, par value (in dollars per share) | $0.00 | $0.00 |
Preferred stock, shares authorized | 100,000,000 | 100,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | $0 | $0 |
Common stock, par value (in dollars per share) | $0.00 | $0.00 |
Common stock, shares authorized | 100,000,000 | 100,000,000 |
Common stock, shares issued | 8,000,000 | 8,000,000 |
Common stock, shares outstanding | 8,000,000 | 8,000,000 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 12 Months Ended | 59 Months Ended | |
Jul. 31, 2013 | Jul. 31, 2012 | Jul. 31, 2013 | |
Operating expenses: | |||
General and administrative | $70,885 | $30,551 | $160,214 |
Loss from continuing operations | -70,885 | -30,551 | -160,214 |
Discontinued operations (net of taxes): | |||
Loss from discontinued operations | 0 | -393 | -4,099 |
Net loss | ($70,885) | ($30,944) | ($164,313) |
Net loss per common share - basic and diluted | |||
Continuing operations (in dollars per share) | $0 | $0 | |
Discontinued operations (in dollars per share) | $0 | $0 | |
Total (in dollars per share) | $0 | $0 | |
Weighted average number of common shares outstanding - basic and diluted (in shares) | 8,000,000 | 8,000,000 |
Consolidated_Statement_of_Stoc
Consolidated Statement of Stockholders' Equity (Deficit) (USD $) | Total | Common Stock [Member] | Additional Paid-in Capital [Member] | Deficit Accumulated Development Stage [Member] |
Balances , amount at Sep. 01, 2008 | $0 | $0 | $0 | $0 |
Balances, shares at Sep. 01, 2008 | 0 | |||
Common stock issued for cash, value | 25,000 | 5,000 | 20,000 | 0 |
Common stock issued for cash, shares | 5,000,000 | |||
Net loss | -19,525 | 0 | 0 | -19,525 |
Balances, amount at Jul. 31, 2009 | 5,475 | 5,000 | 20,000 | -19,525 |
Balances, shares at Jul. 31, 2009 | 5,000,000 | |||
Common stock issued for cash, value | 30,000 | 3,000 | 27,000 | 0 |
Common stock issued for cash, shares | 3,000,000 | |||
Net loss | -24,141 | 0 | 0 | -24,141 |
Balances, amount at Jul. 31, 2010 | 11,334 | 8,000 | 47,000 | -43,666 |
Balances, shares at Jul. 31, 2010 | 8,000,000 | |||
Net loss | -18,818 | 0 | 0 | -18,818 |
Balances, amount at Jul. 31, 2011 | -7,484 | 8,000 | 47,000 | -62,484 |
Balances, shares at Jul. 31, 2011 | 8,000,000 | |||
Sale of Goa Excursion | 20,460 | 0 | 20,460 | 0 |
Donated rent | 1,500 | 0 | 1,500 | 0 |
Net loss | -30,944 | 0 | 0 | -30,944 |
Balances, amount at Jul. 31, 2012 | -16,468 | 8,000 | 68,960 | -93,428 |
Balances, shares at Jul. 31, 2012 | 8,000,000 | |||
Donated rent | 6,000 | 0 | 6,000 | 0 |
Net loss | -70,885 | 0 | 0 | -70,885 |
Balances, amount at Jul. 31, 2013 | ($81,353) | $8,000 | $74,960 | ($164,313) |
Balances, shares at Jul. 31, 2013 | 8,000,000 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 12 Months Ended | 59 Months Ended | |
Jul. 31, 2013 | Jul. 31, 2012 | Jul. 31, 2013 | |
Cash flows from operating activities: | |||
Net loss | ($70,885) | ($30,944) | ($164,313) |
Net loss from discontinued operation | 0 | 393 | 4,099 |
Net loss from continuing operation, net of income taxes | -70,885 | -30,551 | -160,214 |
Adjustments to reconcile net loss to net cash used in operating activities: | |||
Donated rent | 6,000 | 1,500 | 7,500 |
Changes in operating assets and liabilities: | |||
Prepaid expense | 36,463 | -36,463 | 0 |
Accounts payable and accrued liabilities | -255 | 12,957 | 17,861 |
Net cash used in operating activities | -28,677 | -52,557 | -134,853 |
Cash flows from financing activities: | |||
Proceeds from issuances of common stock | 0 | 0 | 55,000 |
Advances from related parties | 33,010 | 52,370 | 84,284 |
Net cash provided by financing activities | 33,010 | 52,370 | 139,284 |
Net change in cash | 4,333 | -187 | 4,430 |
Cash - beginning of period from continued operations | 97 | 284 | 0 |
Cash - end of period from continued operations | 4,430 | 97 | 4,430 |
Discontinued operations: | |||
Net cash used in operating activities | 0 | -1,527 | -10,393 |
Net cash provided by (used in) financing activities | 0 | -393 | 10,393 |
Net change in cash from discontinued operations | 0 | -1,134 | 0 |
Cash - beginning of period from discontinued operations | 0 | 1,134 | 0 |
Cash - end of period from discontinued operations | 0 | 0 | 0 |
Supplemental cash flows information: | |||
Cash paid for interest | 0 | 0 | 0 |
Cash paid for income tax | 0 | 0 | 0 |
Non-cash investing and financing transactions: | |||
Debt forgiveness from sale of Goa Excursion | $0 | $20,460 | $20,460 |
NATURE_OF_OPERATIONS
NATURE OF OPERATIONS | 12 Months Ended |
Jul. 31, 2013 | |
NATURE OF OPERATIONS | |
NATURE OF OPERATIONS | NOTE 1 - NATURE OF OPERATIONS |
Xiangtian (USA) Air Power Co., Ltd. (the “Company”) was incorporated in the State of Delaware on September 2, 2008 as Goa Sweet Tours Ltd. The Company was originally formed to provide personalized concierge tour packages to tourists who visit the State of Goa, India. On April 17, 2012, the Company entered into Share Purchase Agreements, by and among, Luck Sky International Investment Holdings Limited (“Lucky Sky”), an entity owned and controlled by Zhou Deng Rong, and certain of our former stockholders who owned, in the aggregate, 7,200,000 shares of the Company’s common stock (90% of the at then outstanding shares). Luck Sky purchased all 7,200,000 shares for an aggregate of $235,000. The sale was completed on May 15, 2012. | |
On May 1, 2012, the Company sold its Indian subsidiary, Goa Excursion Private Limited (“Goa Excursion”), to Iqbal Boga for a total value of $10. Both the purchaser and the seller fully release, discharge, waive, and hold harmless the subsidiary’s debts and liabilities, including related party’s debts. | |
On May 25, 2012, the Company formed a corporation under the laws of the State of Delaware called Xiangtian (USA) Air Power Co., Ltd. ("Merger Sub") and on the same day, acquired one hundred shares of Merger Sub's common stock for cash. As such, Merger Sub became a wholly-owned subsidiary of the Company. | |
Effective as of May 29, 2012, Merger Sub was merged with and into the Company. As a result of the merger, the Company’s name was changed to “Xiangtian (USA) Air Power Co., Ltd.”. Prior to the merger, Merger Sub had no liabilities and nominal assets and, as a result of the merger, the separate existence of the Merger Sub ceased. The Company was the surviving corporation in the merger and, except for the name change provided for in the Agreement and Plan of Merger, there was no change in the directors, officers, capital structure or business of the Company. | |
We are a development stage company as defined by ASC 915 and since our inception we have not generated consistent revenues and have incurred a cumulative net loss as reflected in the consolidated financial statements. We have minimal assets and have incurred losses since inception. Our limited start-up operations have consisted of the formation of our business plan and identification of our target market. We plan to produce air power engine for bus, air power tower, and air power generator sets in fiscal 2013. | |
BASIS_OF_PRESENTATION_AND_SUMM
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 12 Months Ended |
Jul. 31, 2013 | |
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 2 - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Basis of Presentation | |
The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. This basis of accounting involves the application of accrual accounting and consequently, revenues and gains are recognized when earned, and expenses and losses are recognized when incurred. The Company’s consolidated financial statements are expressed in U.S. dollars. | |
Use of Estimates and Assumptions | |
The preparation of consolidated financial statements in conformity with 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 period. Actual results could differ from those estimates. | |
Consolidation | |
The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Goa Excursion. All significant intercompany balances and transactions have been eliminated in consolidation. | |
Discontinued Operations | |
The Company sold out its Indian subsidiary, Goa Excursion, on May 1, 2012. Goa Excursion has been reflected as discontinued operations for periods presented in the Company’s consolidated financial statements. Accordingly, the revenues, costs, expenses, assets, and liabilities of the Goa Excursion have been reported separately in the consolidated statements of operations and consolidated balance sheets for all periods presented. The results of discontinued operations do not reflect any allocation of the Company’s general and administrative expenses. | |
Cash and Cash Equivalents | |
The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. | |
Income Taxes | |
A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. At July 31, 2013 and 2012, a full deferred tax asset valuation allowance has been provided and no deferred tax asset benefit has been recorded. | |
Foreign Currency Translation | |
The Company’s functional currency is United States (“U.S.”) dollars as substantially all of the Company’s operations use this denomination. The consolidated financial statements are presented in U.S. dollars. Foreign denominated monetary assets and liabilities are translated into their United States dollar equivalents using foreign exchange rates which prevailed at the balance sheet date. Non-monetary assets and liabilities are translated at the exchange rates prevailing at the transaction date. Revenues and expenses are translated at average rates of exchange during the year. Gains or losses resulting from foreign currency transactions are included in results of operations. | |
Earnings (Loss) per Share | |
Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted earnings per share gives effect to all dilutive potential of shares of common stock outstanding during the period including stock options or warrants, using the treasury stock method (by using the average stock price for the period to determine the number of shares assumed to be purchased from the exercise of stock options or warrants), and convertible debt or convertible preferred stock, using the if-converted method. Earnings per share excludes all potential dilutive shares of common stock if their effect is anti-dilutive. There were no potential dilutive securities at July 31, 2013 or 2012. | |
Recent Accounting Pronouncements | |
The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flows. | |
GOING_CONCERN
GOING CONCERN | 12 Months Ended |
Jul. 31, 2013 | |
GOING CONCERN | |
GOING CONCERN | NOTE 3 - GOING CONCERN |
The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern. The Company has incurred losses since its inception resulting in an accumulated deficit of $164,313 as of July 31, 2013 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 arising from normal business operations when they become due. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. | |
Management intends to finance operating costs over the next twelve months with existing cash on hand and loans from directors and/or the private placement of the Company’s common stock. | |
DISCONTINUED_OPERATIONS
DISCONTINUED OPERATIONS | 12 Months Ended |
Jul. 31, 2013 | |
DISCONTINUED OPERATIONS | |
DISCONTINUED OPERATIONS | NOTE 4 - DISCONTINUED OPERATIONS |
As discussed in Note 1, on May 1, 2012, the Company sold its Indian subsidiary, Goa Excursion, to Iqbal Boga (a related party) for a total value of $10. As the result of this transaction, accounts payable of $20,460 was forgiven by the related party. The Company recorded $20,460 as additional paid-in capital. | |
As of July 31, 2011, the amount reported as assets of the discontinued operations comprised a cash balance of $1,134. | |
For the years ended July 31, 2012, 2011 and the period from September 2, 2008 (inception) to July 31, 2013, the amounts reported in loss from discontinued operations comprised operating expenses of $393, $672 and $4,099, respectively. | |
RELATED_PARTY_TRANSACTIONS
RELATED PARTY TRANSACTIONS | 12 Months Ended |
Jul. 31, 2013 | |
RELATED PARTY TRANSACTIONS | |
RELATED PARTY TRANSACTIONS | NOTE 5 - RELATED PARTY TRANSACTIONS |
From time to time, the Company receives advances from its related parties. During the years ended July 31, 2013 and 2012, the Company received $33,010 and $52,370, respectively, and used the funds for its operations. These advances are due on demand, unsecured and non-interest bearing. | |
The Company neither owns nor leases any real or personal property. Since the completion of its merger in May 2012, the Company uses office spaces provided by a related party free of charge. During the year ended July 31, 2013 and 2012, the Company recognized $6,000 and $1,500 in donated rent, respectively. | |
CAPITAL_STOCK_AND_EQUITY_TRANS
CAPITAL STOCK AND EQUITY TRANSACTIONS | 12 Months Ended |
Jul. 31, 2013 | |
CAPITAL STOCK AND EQUITY TRANSACTIONS | |
CAPITAL STOCK AND EQUITY TRANSACTIONS | NOTE 6 - CAPITAL STOCK AND EQUITY TRANSACTIONS |
Common Stock | |
The total number of common shares authorized that may be issued by the Company is 100,000,000 shares with a par value of $0.001 per share. | |
During the period ended July 31, 2009, the Company issued 5,000,000 shares of common stock for total cash proceeds of $25,000 to the Company’s sole director and officer. During the year ended July 31, 2010, the Company sold 3,000,000 shares of common stock for total cash proceeds of $30,000. | |
Preferred Stock | |
The total number of preferred shares authorized that may be issued by the Company is 100,000,000 shares with a par value of $0.001 per share. The preferred stock may be issued in one or more series, from time to time, with each series to have such designation, relative rights, preference or limitations, as adopted by the Company’s Board of Directors. No preferred shares have been issued. | |
INCOME_TAXES
INCOME TAXES | 12 Months Ended | |||||||
Jul. 31, 2013 | ||||||||
INCOME TAXES | ||||||||
INCOME TAXES | NOTE 7 - INCOME TAXES | |||||||
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The cumulative tax effect at the expected rate of 34% of significant items comprising the net deferred tax amount is at July 31, 2013 and 2012 as follows: | ||||||||
2012 | 2011 | |||||||
Deferred tax assets: | ||||||||
Net operating losses | $ | 55,866 | $ | 32,000 | ||||
Total deferred tax assets | 55,866 | 32,000 | ||||||
Less: valuation allowance | -55,866 | -32,000 | ||||||
Deferred tax assets, net | $ | - | $ | - | ||||
As of July 31, 2012, for U.S. federal income tax reporting purposes, the Company has approximately $164,000 of unused net operating losses (“NOLs”) available for carry forward to future years. The benefit from the carry forward of such NOLs will begin expiring during the year ended July 31, 2029. Because United States tax laws limit the time during which NOL carry forwards may be applied against future taxable income, the Company may be unable to take full advantage of its NOLs for federal income tax purposes should the Company generate taxable income. Further, the benefit from utilization of NOL carry forwards could be subject to limitations due to material ownership changes that could occur in the Company as it continues to raise additional capital. Based on such limitations, the Company has significant NOLs for which realization of tax benefits is uncertain. | ||||||||
SUBSEQUENT_EVENTS
SUBSEQUENT EVENTS | 12 Months Ended |
Jul. 31, 2013 | |
SUBSEQUENT EVENTS | |
SUBSEQUENT EVENTS | NOTE 8 – SUBSEQUENT EVENTS |
On September 24, 2013, the Company acquired one hundred percent of the shares of Lucksky (Hong Kong) Shares Limited common stock for common stock, and acquired one hundred percent of the shares of Sanhe City LuckSky Electrical Engineering Limited Company common stock for the Company’s common stock. As such, Lucksky (Hong Kong) Shares Limited was merged into the Company and Sanhe City LuckSky Electrical Engineering Limited Company became a wholly-owned subsidiary of the Company. | |
Effective as of September 24, 2013, Lucksky (Hong Kong) Shares Limited and Sanhe City LuckSky Electrical Engineering Limited Company were merged with and into the Company. As a result of the merger, the Company’s corporate name remained “Xiangtian (USA) Air Power Co., Ltd.” Prior to the merger, Lucksky (Hong Kong) Shares Limited and Sanhe City LuckSky Electrical Engineering Limited Company had no liabilities and nominal assets and, as a result of the merger, the separate existence of (Hong Kong) Shares Limited ceased. Sanhe City LuckSky Electrical Engineering Limited Company still exists and operates as a wholly owned subsidiary of the parent corporation in Mainland China. The Company was the surviving corporation in the merger and, except for the increase in issued common shares of stock provided for in the Agreement and Plan of Merger, there was no change in the directors, officers, or business of the Company. | |
BASIS_OF_PRESENTATION_AND_SUMM1
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 12 Months Ended |
Jul. 31, 2013 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation |
The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. This basis of accounting involves the application of accrual accounting and consequently, revenues and gains are recognized when earned, and expenses and losses are recognized when incurred. The Company’s consolidated financial statements are expressed in U.S. dollars. | |
Use of Estimates and Assumptions | Use of Estimates and Assumptions |
The preparation of consolidated financial statements in conformity with 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 period. Actual results could differ from those estimates. | |
Consolidation | Consolidation |
The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Goa Excursion. All significant intercompany balances and transactions have been eliminated in consolidation. | |
Discontinued Operations | Discontinued Operations |
The Company sold out its Indian subsidiary, Goa Excursion, on May 1, 2012. Goa Excursion has been reflected as discontinued operations for periods presented in the Company’s consolidated financial statements. Accordingly, the revenues, costs, expenses, assets, and liabilities of the Goa Excursion have been reported separately in the consolidated statements of operations and consolidated balance sheets for all periods presented. The results of discontinued operations do not reflect any allocation of the Company’s general and administrative expenses. | |
Cash and Cash Equivalents | Cash and Cash Equivalents |
The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. | |
Income Taxes | Income Taxes |
A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. At July 31, 2013 and 2012, a full deferred tax asset valuation allowance has been provided and no deferred tax asset benefit has been recorded. | |
Foreign Currency Translation | Foreign Currency Translation |
The Company’s functional currency is United States (“U.S.”) dollars as substantially all of the Company’s operations use this denomination. The consolidated financial statements are presented in U.S. dollars. Foreign denominated monetary assets and liabilities are translated into their United States dollar equivalents using foreign exchange rates which prevailed at the balance sheet date. Non-monetary assets and liabilities are translated at the exchange rates prevailing at the transaction date. Revenues and expenses are translated at average rates of exchange during the year. Gains or losses resulting from foreign currency transactions are included in results of operations. | |
Earnings (Loss) per Share | Earnings (Loss) per Share |
Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted earnings per share gives effect to all dilutive potential of shares of common stock outstanding during the period including stock options or warrants, using the treasury stock method (by using the average stock price for the period to determine the number of shares assumed to be purchased from the exercise of stock options or warrants), and convertible debt or convertible preferred stock, using the if-converted method. Earnings per share excludes all potential dilutive shares of common stock if their effect is anti-dilutive. There were no potential dilutive securities at July 31, 2013 or 2012. | |
Recent Accounting Pronouncements | Recent Accounting Pronouncements |
The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flows. | |
INCOME_TAXES_Tables
INCOME TAXES (Tables) | 12 Months Ended | |||||||
Jul. 31, 2013 | ||||||||
INCOME TAXES | ||||||||
INCOME TAXES | The cumulative tax effect at the expected rate of 34% of significant items comprising the net deferred tax amount is at July 31, 2013 and 2012 as follows: | |||||||
2012 | 2011 | |||||||
Deferred tax assets: | ||||||||
Net operating losses | $ | 55,866 | $ | 32,000 | ||||
Total deferred tax assets | 55,866 | 32,000 | ||||||
Less: valuation allowance | -55,866 | -32,000 | ||||||
Deferred tax assets, net | $ | - | $ | - | ||||
NATURE_OF_OPERATIONS_Details_T
NATURE OF OPERATIONS (Details Textual) (USD $) | 0 Months Ended | |
1-May-12 | 15-May-12 | |
Luck Sky International Investment Holdings Limited | ||
Ownership Percentage | 90.00% | |
Shares Purchased | 7,200,000 | |
Shares Purchased Value | $235,000 | |
Proceeds from Divestiture of Interest in Consolidated Subsidiaries | $10 |
GOING_CONCERN_Details_Textual
GOING CONCERN (Details Textual) (USD $) | Jul. 31, 2013 |
Accumulated deficit | $164,313 |
DISCONTINUED_OPERATIONS_Detail
DISCONTINUED OPERATIONS (Details Textual) (USD $) | 0 Months Ended | 12 Months Ended | 59 Months Ended | ||
1-May-12 | Jul. 31, 2013 | Jul. 31, 2012 | Jul. 31, 2011 | Jul. 31, 2013 | |
Loss reported from discontinued operations | $393 | $672 | $4,099 | ||
Net Change In Cash From Discontinued Operations | 0 | -1,134 | 1,134 | 0 | |
Proceeds from Divestiture of Interest in Consolidated Subsidiaries | 10 | ||||
Goa Excursion | |||||
Forgiveness of related party payable | 20,460 | ||||
Recorded as additional paid-in capital | $20,460 |
RELATED_PARTY_TRANSACTIONS_Det
RELATED PARTY TRANSACTIONS (Details Textual) (USD $) | 12 Months Ended | 59 Months Ended | |
Jul. 31, 2013 | Jul. 31, 2012 | Jul. 31, 2013 | |
Related Party Transaction [Line Items] | |||
Advances from related parties {1} | $33,010 | $52,370 | $84,284 |
Donated Rent | ($6,000) | ($1,500) | ($7,500) |
CAPITAL_STOCK_AND_EQUITY_TRANS1
CAPITAL STOCK AND EQUITY TRANSACTIONS (Details Textual) (USD $) | 11 Months Ended | 12 Months Ended | ||
Jul. 31, 2009 | Jul. 31, 2010 | Jul. 31, 2013 | Jul. 31, 2012 | |
Common Stock Shares Authorized | 100,000,000 | 100,000,000 | ||
Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | ||
Development Stage Entities, Stock Issued, Value, Issued for Cash | $25,000 | $30,000 | ||
Preferred stock, shares authorized | 100,000,000 | 100,000,000 | ||
Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | ||
Common Stock [Member] | ||||
Development Stage Entities, Stock Issued, Shares, Issued for Cash | 5,000,000 | 3,000,000 | ||
Development Stage Entities, Stock Issued, Value, Issued for Cash | $5,000 | $3,000 |
INCOME_TAXES_Details
INCOME TAXES (Details) (USD $) | Jul. 31, 2012 | Jul. 31, 2011 |
Deferred tax assets: | ||
Net operating losses | $55,866 | $32,000 |
Total deferred tax assets | 55,866 | 32,000 |
Less: valuation allowance | -55,866 | -32,000 |
Deferred tax assets, net | $0 | $0 |
INCOME_TAXES_Details_Textual
INCOME TAXES (Details Textual) (USD $) | 12 Months Ended | |
Jul. 31, 2013 | Jul. 31, 2012 | |
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent | 34.00% | 34.00% |
Operating Loss Carryforwards | $164,000 |