Star Mountain Resources (SMRS) 10-Q 8 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	8-May-15
Document And Entity Information
Entity Registrant Name	Star Mountain Resources, Inc.
Entity Central Index Key	1477168
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		17,223,729
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2015

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and cash equivalents	$36,320	$45,990
Prepaid expenses	8,954	15,725
Deposits	150	150
Total current assets	45,424	61,865
Property & equipment, net	76,815	78,266
Mineral rights	24,270	24,270
Surety bond	24,325	24,325
TOTAL ASSETS	170,834	188,726
CURRENT LIABILITIES
Accounts payable and accrued expenses	341,148	259,991
Accounts payable - related party	44,600	38,125
Accrued compensation	10,000
Loans payable - related party	266,588	253,572
Stipulated agreement liability, related party	79,272	79,272
Total current liabilities	741,608	630,960
Total Liabilities	741,608	630,960
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred stock, authorized 50,000,000 shares, $.001 par value 0 issued and outstanding
Common stock, authorized 350,000,000 shares, $.001 par value, 17,223,729 and 17,969,729 shares issued and outstanding, respectively	17,224	17,970
Common stock subscribed	25,000
Additional paid in capital	7,665,661	7,377,627
Accumulated deficit	-8,278,659	-7,837,831
Total Stockholder's Equity (Deficit)	-570,774	-442,234
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$170,834	$188,726

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	350,000,000	350,000,000
Common stock, par value	$0.00	$0.00
Common stock, shares issued	17,223,729	17,969,729
Common stock, shares outstanding	17,223,729	17,969,729

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
OPERATING EXPENSES
Executive compensation	$130,000	$24,000
Exploration and development costs	66,896	21,722
General and administrative	228,604	531,160
General and administrative - related party	6,300
Total Operating Expenses	431,800	576,882
Loss from Operations	-431,800	-576,882
OTHER EXPENSES
Interest expense, related party	-7,736
Interest expense	-1,192	-164,693
Loss before Income Taxes	-440,728	-741,575
State tax expense	-100
NET LOSS	($440,828)	($741,575)
Basic Loss Per Share	($0.03)	($0.02)
Weighted Average Number of Common Shares Outstanding	17,419,507	40,903,862

Condensed_Consolidated_Stateme1

Condensed Consolidated Statement of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities
Net loss	($440,828)	($741,575)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	1,452	5,070
Shares issued for services	60,000	455,000
Stock options	85,288
Contributed capital	121,500
Amortization of debt discount		126,968
Changes in operating assets and liabilities
Prepaid expenses	6,770	11,857
Accounts payable and accrued expenses	76,921	-60,240
Accounts payable - related party	6,475
Accrued interest	4,236	36,267
Accrued compensation	10,000	-4,000
Contract payable		-16,906
Stipulated agreement liability, related party		-12,500
Net cash used in operating activities	-68,186	-200,059
Cash flows from investing activities
Advances to related party shareholder		-163,425
Net cash used in investing activities	0	-163,425
Cash flows from financing activities
Proceeds from issuance of convertible debt		500,000
Proceeds from issuance of common stock	20,500
Advances from related party shareholders	13,016
Common stock subscribed	25,000
Net cash provided by financing activities	58,516	500,000
Net increase (decrease) in cash	-9,670	136,516
Cash, beginning of year	45,990	79
Cash, end of period	36,320	136,595
Cash paid for:
Taxes	100
Interest Expense
Non-cash investing and financing activities
Warrants issued with convertible debt		$298,989

Organization_and_Nature_of_Bus

Organization and Nature of Business	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Nature of Business	NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS
	Star Mountain Resources, Inc., formerly Jameson Stanford Resources Corporation (the “Company”) is a minerals exploration company focused on acquiring and consolidating mining claims, mineral leases, producing mines, and historic mines with production and future growth potential identified through our exploration efforts. Our operations are focused on the initiation, production and expansion of our acquired mineral resources in the Star Mountain Mining District, Beaver County, Utah and turning them into producing assets. The Company has not established proven or probable reserves, as defined by the SEC under Industry Guide 7, through the completion of a “final” or “bankable” feasibility study for our mineral rights. Furthermore, the Company has no plans to establish proven or probable reserves for any of our mineral rights.
	The Company was incorporated on June 2, 2009 in Nevada initially as MyOtherCountryClub.com for the purpose of developing a website that would offer reciprocal golf privileges, and other related services, to members of private country clubs throughout the United States.
	On October 29, 2012, Jameson Stanford Resources Corporation merged with Bolcán Mining Corporation (the “Merger”). Prior to the Merger, the Company was a publicly traded shell company with no business operations. The shell company was originally incorporated under the laws of the state of Nevada in 2009 as MyOtherCountryClub.com for the purpose of developing a website that would offer reciprocal golf privileges, and other related services, to members of private country clubs throughout the United States.
	Effective December 15, 2014, the name of the Company was changed to Star Mountain Resources, Inc. to reflect its primary focus to explore and conduct pre-extraction activities for mineral rights it holds in the Star Mining District. In addition, the Company increased its authorized capital stock from 350,000,000 shares to 400,000,000 shares, of which 350,000,000 will be common stock and 50,000,000 will be preferred stock. The increase in capital stock is intended to allow the Company to issue capital stock with respect to corporate opportunities without delay.

Going_Concern

Going Concern	3 Months Ended
	Mar. 31, 2015
Going Concern
Going Concern	NOTE 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 of $8,278,659 as of the period ended March 31, 2015. Further losses are anticipated in the development of its business.
	The Company’s ability to continue as a going concern is dependent upon the Company generating profitable operations and cash flows in the near-term future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations. Management plans to finance the Company’s operating costs as necessary over the next twelve months with advances from owners and directors, and the private placement of the Company’s equity ownership. If management is unsuccessful in these efforts, discontinuance of operations is possible. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Accounting and Presentation
	The Company is in the exploration stage and its primary activities to date have included conducting research and exploration, developing markets for its products, securing strategic alliances, recruiting personnel and obtaining financing. The interim financial information of the Company as of the periods ended March 31, 2015 and March 31, 2014 is unaudited. The balance sheet as of December 31, 2014 is derived from audited financial statements. The accompanying financial statements have been prepared in accordance with U.S. generally accepted principles for interim financial statements. The accounting policies followed for quarterly financial reporting conform to the accounting policies disclosed in ASU 2014-10. In the opinion of management, all adjustments which are necessary for a fair presentation of the financial information for the interim periods reported have been made. All such adjustments are of a normal recurring nature. The results of operations for the three months ended March 31, 2015 are not necessarily indicative of the results that can be expected for the entire year ending December 31, 2015. The unaudited financial statements should be read in conjunction with the financial statements and the notes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2014.

Mineral_Rights

Mineral Rights	3 Months Ended
	Mar. 31, 2015
Extractive Industries [Abstract]
Mineral Rights	NOTE 4 – MINERAL RIGHTS
	At March 31, 2015, the Company had certain mining claims, mineral leases and excavation rights for mining projects located in Star Mining District in Beaver County, Utah and Ogden Bay Wildlife Management Area in Weber County, Utah. These mineral rights were acquired through staking and purchase, lease or option agreements and are subject to varying royalty interests, some of which are indexed to the sale price of minerals excavated from these properties. The Company has not established proven or probable reserves on any of its mineral projects and no minerals have been extracted from these properties as of March 31, 2015. Capitalized cost of mineral rights was $24,270 as of March 31, 2015.

Transactions_with_Related_Part

Transactions with Related Parties	3 Months Ended
	Mar. 31, 2015
Related Party Transactions [Abstract]
Transactions with Related Parties	NOTE 5 – TRANSACTIONS WITH RELATED PARTIES
	During the period ended March 31, 2015, related parties contributed services that were valued at $121,500. This was recorded in the Statements of Operations and Additional Paid in Capital on the Balance Sheet.
	At the period ended March 31, 2015, the Company owed a related party $266,588. The Company recorded $7,736 interest expense for this loan payable.

Stipulated_Agreement_Liability

Stipulated Agreement Liability, Related Party	3 Months Ended
	Mar. 31, 2015
Stipulated Agreement Liability Related Party
Stipulated Agreement Liability, Related Party	note 6 – stipulated Agreement LIABILITY, RELATED PARTY
	The Company entered into an agreement with Michael Christiansen (“Christiansen”), a former officer of the Company on August 13, 2013 (the “Stipulated Agreement”) to pay Christiansen $123,272 (the “Amount Due”) relating to a promissory note, accrued compensation and out-of-pocket expenses incurred on behalf of the Company. The Amount Due was agreed to be paid as follows: $10,500 on or before August 15, 2013; $10,500 on or before September 15, 2013; $10,500 on or before October 15, 2013; and the balance in installments of $15,000 beginning on the earlier of (a) the first day of the month following the date on which the Company receives at least three million dollars ($3,000,000) of equity funding, or (b) December 31, 2014. The payment of this stipulated agreement is in default. Subject to completion of the payments due under the agreement, the parties agreed to release certain claims against each other related to or arising in connection with the matters that gave rise to our agreement to pay the Amount Due. During the year ended December 31, 2014, the Company made payments of $12,500. At the period ending March 31, 2015, the remaining liability of $79,272 is recorded as Stipulated Agreement Liability in the accompanying financial statements.

Contracts_and_Lease_Commitment

Contracts and Lease Commitments	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Contracts and Lease Commitments	NOTE 7 – CONTRACTS AND LEASE COMMITMENTS
	Office Leases
	The corporate office of the Company is located at 605 W. Knox Rd., Suite 202, Tempe, Arizona. These facilities are furnished rent free by one of the Company’s shareholders. An imputed rent expense of $500 per month is recorded to the Statements of Operations and recorded as Additional Paid in Capital on the Balance Sheet.
	Employment Contract
	On February 11, 2015, the Board of Directors of the Company appointed Mark Osterberg to serve as the Company’s President and Chief Operating Officer effective March 1, 2015. In connection with his appointment, Mr. Osterberg entered into an employment agreement dated as of February 11, 2015 (the “Employment Agreement”) with the Company pursuant to which he will receive an annual salary of $120,000 and annual bonuses of one-half percent of the Company’s gross sales, up to a maximum of 25% of Mr. Osterberg’s salary (“Incentive Compensation”). In addition, Mr. Osterberg is entitled to receive a one-time signing bonus of 50,000 shares of the Company’s common stock. The Company also granted Mr. Osterberg an option (the “Option”) to purchase 250,000 shares of the Company’s common stock with an exercise price of $0.50 per share. The option vests with respect to 50,000 shares upon execution of the Employment Agreement. With respect to the remaining 200,000 shares, the option vests at the rate of 50,000 shares upon the close of each fiscal quarter from and commencing on the close of the first fiscal quarter from and after the date of the Employment Agreement. Mr. Osterberg is eligible to participate in the Company’s standard benefit programs for senior management.
	In the event of a Change of Control (as hereinafter defined), Mr. Osterberg will receive Incentive Compensation and a lump sum payment of his salary representing two months’ salary. In addition, the Option will be deemed to be fully vested. For purposes of the Employment Agreement, “Change in Control” means: (i) a merger or consolidation in which securities possessing more than 75% of the total combined voting power of the Company’s outstanding securities are transferred to a person or persons different from the persons holding those securities immediately prior to such transaction in a transaction approved by the stockholders, or the sale, transfer, or other disposition of more than 75% of the total combined voting power of the Company’s outstanding securities to a person or persons different from the persons holding those securities immediately prior to such transaction; or (ii) the sale, transfer or other disposition of all or substantially all of the Company’s assets in complete liquidation or dissolution of the Company other than in connection with a transaction described in clause (i) above, and other than in connection with a bankruptcy petition by the Company.
	In connection with entry into the Employment Agreement, Mr. Osterberg also executed a non-disclosure and invention and copyright assignment agreement.

Equity_Transaction

Equity Transaction	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Equity Transaction	NOTE 8 – EQUITY TRANSACTIONS
	On February 2, 2015, the Company cancelled 910,000 shares of common stock previously issued to Michael Stanford pursuant to a court order issued in connection with the Company’s lawsuit against Mr. Stanford. These shares were valued at par value $0.001. See Note 9 – Legal Proceedings.
	On March 1, 2015, the Company issued 50,000 shares of common stock pursuant to the employment agreement for the President. These shares were valued at $1.20 per share. See Note 7 – Contracts and Lease Agreements.
	On March 17, 2015, the Company issued 114,000 shares of its common stock in exchange for payment of $20,500 and a mutual release of a claim by an investor. The investor claimed to have purchased and paid for 32,000 shares of the Company’s unregistered common stock in November 2013 but did not receive the shares purchased.
	Stock Options
	Effective March 1, 2015, as part of an employment agreement, an option was granted to purchase 250,000 shares of the Company’s common stock with an exercise price of $0.50 per share. The option vests with respect to 50,000 shares upon execution of the Employment Agreement. With respect to the remaining 200,000 shares, the option vests at the rate of 50,000 shares upon the close of each fiscal quarter from and commencing on the close of the first fiscal quarter from and after the date of the Employment Agreement. The Company valued the issuance of these options using the Black Scholes valuation model assuming a maturity of 2.7 years, 0.896% risk free rate and an 88.83% volatility. At the period ended March 31, 2015, the vested value of the option was $85,288. This was recorded as stock compensation expense.
	The following is a summary of the status of all Company’s stock options as of March 31, 2015 and changes during the three months ended on that date:
		Number		Weighted
		of Stock		Average
		Options		Exercise Price
	Outstanding at January 1, 2015		0	$	-
	Granted		250,000	$	0.5
	Exercised		0	$	-
	Cancelled		0	$	-
	Outstanding at March 31, 2015		250,000	$	0.5
	Options exercisable at March 31, 2015		100,000	$	0.5

Legal_Proceedings

Legal Proceedings	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	NOTE 9 – LEGAL PROCEEDINGS
	In connection with our litigation involving Michael Stanford in which the Fifth District Court of Beaver County (Civil Case No. 140500023) awarded us a judgment against Mr. Stanford as previously disclosed, the court issued a further order on February 2, 2015 authorizing us to cancel 910,000 shares of our common stock previously issued to Mr. Stanford. This cancellation of shares was in addition the 25 million shares that Mr. Stanford returned to the Company and cancelled by us on September 22, 2014. The 910,000 shares were cancelled on February 2, 2015.
	We are evaluating what future legal proceedings we may pursue in order to collect money damages of approximately $23,494,700 awarded to us pursuant to the judgment awarded to us in this case. Our ability to collect any further amounts on the judgment is, however, inherently unpredictable and is subject to significant uncertainties and, therefore, determining the likelihood of a recovery and/or the measurement of any recovery is complex. Consequently, we are unable to estimate the range of reasonably possible further recovery. Our assessment is based on an estimate and assumption that has been deemed reasonable by management, but the assessment process relies heavily on an estimate and assumption that may prove to be incomplete or inaccurate, and unanticipated events and circumstances may occur that might cause us to change that estimate and assumption.
	Other than as set forth above, we are not presently a party to any material litigation, nor to the knowledge of management is any litigation threatened against us, that may materially affect us.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Accounting and Presentation	Basis of Accounting and Presentation
	The Company is in the exploration stage and its primary activities to date have included conducting research and exploration, developing markets for its products, securing strategic alliances, recruiting personnel and obtaining financing. The interim financial information of the Company as of the periods ended March 31, 2015 and March 31, 2014 is unaudited. The balance sheet as of December 31, 2014 is derived from audited financial statements. The accompanying financial statements have been prepared in accordance with U.S. generally accepted principles for interim financial statements. The accounting policies followed for quarterly financial reporting conform to the accounting policies disclosed in ASU 2014-10. In the opinion of management, all adjustments which are necessary for a fair presentation of the financial information for the interim periods reported have been made. All such adjustments are of a normal recurring nature. The results of operations for the three months ended March 31, 2015 are not necessarily indicative of the results that can be expected for the entire year ending December 31, 2015. The unaudited financial statements should be read in conjunction with the financial statements and the notes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2014.

Equity_Transaction_Tables

Equity Transaction (Tables)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Summary of Stock Options	The following is a summary of the status of all Company’s stock options as of March 31, 2015 and changes during the three months ended on that date:
		Number		Weighted
		of Stock		Average
		Options		Exercise Price
	Outstanding at January 1, 2015		0	$	-
	Granted		250,000	$	0.5
	Exercised		0	$	-
	Cancelled		0	$	-
	Outstanding at March 31, 2015		250,000	$	0.5
	Options exercisable at March 31, 2015		100,000	$	0.5

Organization_and_Nature_of_Bus1

Organization and Nature of Business (Details Narrative)	Mar. 31, 2015	Dec. 31, 2014
Common stock, shares authorized	350,000,000	350,000,000
Preferred stock, shares authorized	50,000,000	50,000,000
Minimum [Member]
Authorized capital stock	350,000,000
Maximum [Member]
Authorized capital stock	400,000,000

Going_Concern_Details_Narrativ

Going Concern (Details Narrative) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Going Concern
Accumulated losses	$8,278,659	$7,837,831

Mineral_Rights_Details_Narrati

Mineral Rights (Details Narrative) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Extractive Industries [Abstract]
Capitalized cost of mineral rights	$24,270	$24,270

Transactions_with_Related_Part1

Transactions with Related Parties (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Related Party Transactions [Abstract]
Contributed capital	$121,500
Amount owed to related party	266,588		253,572
Interest expense, related party	$7,736

Stipulated_Agreement_Liability1

Stipulated Agreement Liability, Related Party (Details Narrative) (USD $)	12 Months Ended	0 Months Ended
	Dec. 31, 2014	Aug. 13, 2013	Mar. 31, 2015
Repayments of debt	$12,500
Remaining liability recorded as Stipulated Agreement Liability, Related Party	79,272		79,272
Amount Due Agreed To Be Paid On or Before August 15, 2013 [Member]
Amount Due, periodic payment		10,500
Amount Due Agreed To Be Paid On or Before September 15, 2013 [Member]
Amount Due, periodic payment		10,500
Amount Due Agreed To Be Paid On or Before October 15, 2013 [Member]
Amount Due, periodic payment		10,500
First Day Of The Month Following The Date [Member]
Amount Due, periodic payment		15,000
Equity funding		3,000,000
Michael Christiansen [Member]
Amount due relating to promissory note, accrued compensation and out-of-pocket expenses incurred		$123,272

Contracts_and_Lease_Commitment1

Contracts and Lease Commitments (Details Narrative) (USD $)	3 Months Ended	0 Months Ended
	Mar. 31, 2015	Feb. 11, 2015	Mar. 01, 2015
Rent expense	$500
Employment Agreement [Member]
Stock option vested shares			50,000
Stock option vested remaining shares			200,000
Stock option vested at rate, shares	50,000
Employment Agreement [Member] | Mark Osterberg [Member]
Annual salary		$120,000
Annual bonus description		annual bonuses of one-half percent of the CompanyBs gross sales
Issuance of common stock for bonus, shares		50,000
Common stock exercise price per share		$0.50
Stock option granted to purchase of common stock, shares		250,000
Stock option vested shares		50,000
Stock option vested remaining shares		200,000
Stock option vested at rate, shares	50,000
Percentage of stockholders approved to sale, transfer or other disposition of more than combined voting power of outstanding securities	75.00%
Employment Agreement [Member] | Mark Osterberg [Member] | Maximum [Member]
Percentage of incentive compensation		25.00%

Equity_Transaction_Details_Nar

Equity Transaction (Details Narrative) (USD $)	0 Months Ended		1 Months Ended	3 Months Ended	0 Months Ended
	Feb. 02, 2015	Sep. 22, 2014	Nov. 30, 2013	Mar. 31, 2015	Mar. 17, 2015	Mar. 01, 2015	Feb. 11, 2015
Cancellation of common stock, shares	910,000	25,000,000
Stock issued per share	$0.00
Issuance of unregistered common stock, shares			32,000
Number of stock options, granted				250,000
Common stock exercise price per share				$0.50
Stock compensation expense				$85,288
Expected Maturity year				2 years 8 months 12 days
Expected Risk free rate				0.90%
Expected Volatility				88.83%
Investor [Member]
Issuance of common stock in exchange for payment of mutual release of claim, shares					114,000
Issuance of common stock in exchange for payment of mutual release of claim					$20,500
Employment Agreement [Member]
Number of stock options, granted						250,000
Common stock exercise price per share						$0.50
Stock option vested shares						50,000
Stock option vested remaining shares						200,000
Stock option vested at rate, shares				50,000
Employment Agreement [Member] | Mark Osterberg [Member]
Stock issued per share						$1.20
Issuance of common stock to employment agreement, shares						50,000
Stock option vested shares							50,000
Stock option vested remaining shares							200,000
Stock option vested at rate, shares				50,000

Equity_Transaction_Summary_of_

Equity Transaction - Summary of Stock Options (Details) (USD $)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Number of Stock Options Outstanding Beginning Balance	0
Number of Stock Options, Granted	250,000
Number of Stock Options, Exercised	0
Number of Stock Options, Cancelled	0
Number of Stock Options Outstanding Ending Balance	250,000
Number of Stock Options exercisable	100,000
Weighted Average Exercise Price Options Outstanding Beginning Balance
Weighted Average Exercise Price Options Granted	$0.50
Weighted Average Exercise Price Options Exercised
Weighted Average Exercise Price Options Cancelled
Weighted Average Exercise Price Options Outstanding Ending Balance	$0.50
Weighted Average Exercise Price Options exercisable	$0.50

Legal_Proceedings_Details_Narr

Legal Proceedings (Details Narrative) (USD $)	0 Months Ended		3 Months Ended
	Feb. 02, 2015	Sep. 22, 2014	Mar. 31, 2015
Cancellation of common stock, shares	910,000	25,000,000
Money damages awarded			$23,494,700
Mr. Stanford [Member]
Cancellation of common stock, shares	910,000