Borneo Industrial Fishery (DIMU) 10-Q 12 Dec 13 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	6 Months Ended
	Oct. 31, 2013	Dec. 09, 2013
Document and Entity Information:	'	'
Entity Registrant Name	'China Xibolun Technology Holdings Corp	'
Document Type	'10-Q	'
Document Period End Date	31-Oct-13	'
Amendment Flag	'false	'
Entity Central Index Key	'0001479382	'
Current Fiscal Year End Date	'--04-30	'
Entity Common Stock, Shares Outstanding	'	4,366,649
Entity Public Float	'	$0
Entity Filer Category	'Smaller Reporting Company	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well-known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Oct. 31, 2013	Apr. 30, 2013
Current assets	'	'
Cash and cash equivalents	'	'
Total assets	0	0
Current liabilities	'	'
Accounts payable and accrued expenses	4,403	17,751
Due to related party	25,458	3,232
Total current liabilities	29,861	20,983
Commitments and Contingencies	'	'
STOCKHOLDERS' DEFICIT	'	'
Preferred stock, $.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding	'	'
Common stock, $.001 par value, 100,000,000 shares authorized, 4,366,649 shares issued and outstanding October 31, 2013 and April 30, 2013 respectively	4,367	4,367
Additional paid in capital	189,339	189,339
Deficit accumulated during the development stage	-223,567	-214,689
Total stockholders' deficit	-29,861	-20,983
Total Liabilities and Stockholders Deficit	$0	$0

BALANCE_SHEETS_Parenthetical

BALANCE SHEETS (Parenthetical) (USD $)	Oct. 31, 2013	Apr. 30, 2013
Statement of Financial Position [Abstract]	'	'
Preferred stock, par value per share	$0.00	$0.00
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value per share	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	4,366,649	4,366,649
Common stock, shares outstanding	4,366,649	4,366,649

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended		77 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013
Statements Of Operations	'	'	'	'	'
General and administrative	($8,878)	($28,764)	($4,078)	($10,845)	($225,907)
Depreciation	'	'	'	'	-6,631
Operating Loss	-8,878	-28,764	-4,078	-10,845	-232,538
Interest expense	'	-5,422	'	'	-8,339
Gain on settlement of liabilities	'	17,310	'	17,310	17,310
Net loss	($8,878)	($16,876)	($4,078)	$6,465	($223,567)
Net loss per share:	'	'	'	'	'
Net loss per share, Basic and diluted	$0	$0	$0	$0	'
Weighted average shares outstanding, Basic and diluted	4,366,649	4,366,649	4,366,649	4,366,649	'

STATEMENTS_OF_CASH_FLOWS

STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended		77 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013
Statements Of Cash Flows	'	'	'
Net loss	($8,878)	($16,876)	($223,567)
Adjustment to reconcile net loss to net cash used in operating activities:	'	'	'
Depreciation and amortization	'	'	6,631
Gain on settlement of liabilities	'	-17,310	-17,310
Common shares issued for services	'	'	1,100
Interest payable converted to equity	'	'	-2,434
Changes in operating assets and liabilities:	'	'	'
Accounts payable and accrued expenses	-13,348	27,131	97,142
NET CASH USED IN OPERATING ACTIVITIES	-22,226	-7,055	-138,438
Purchase of equipment	'	'	-6,631
NET CASH USED IN INVESTING ACTIVITIES	'	'	-6,631
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'
Common shares issued for cash	'	'	25,000
Advances from related parties	22,226	'	67,480
Proceeds from line of credit - related party	'	6,000	52,589
NET CASH PROVIDED BY FINANCING ACTIVITIES	22,226	6,000	145,069
NET CHANGE IN CASH	'	-1,055	'
Cash, beginning of period	'	1,055	'
Cash, end of period	'	'	'
SUPPLEMENTAL CASH FLOW INFORMATION:	'	'	'
Interest paid	'	10	421
Income taxes paid	'	$170,040	$170,040

NOTE_1_Organization_and_Basis_

NOTE 1- Organization and Basis of presentation	6 Months Ended
	Oct. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
NOTE 1- Organization and Basis of presentation	'
	NOTE 1- Organization and Basis of presentation
	Organization
	China Xibolun Technology Holdings Corporation (the “Company”) formerly named Dimus Partners, Inc. is a development-stage company.  The Company was incorporated under the laws of the State of Nevada on May 24, 2007. Prior to incorporation on April 30, 2008, Dimus Partners, LLC was a Texas limited liability company effective May 24, 2007.  Dimus Partners, LLC (the “Texas Company”) and the Company entered into a Certificate of Exchange whereby the Nevada Corporation acquired 100% of the issued and outstanding membership interest of the Texas Company, in exchange for two million (2,000,000) common shares of the Company.
	On September 21, 2012, James Patton, Nathan Pettus and James Pacey (“Sellers”), who were collectively the controlling shareholders of the Company, sold 4,200,000 shares of common stock of the Company to Chin Yung Kong and Anyuan Sun (“Purchasers”) for an aggregated price of $ 190,000.The 4,200,000 shares of common stock represented approximately 96.2% of the total issued and outstanding stock of the Company.  As result of this share purchase transaction, Chin Yung Kong and Anyuan Sun became the controlling shareholders of the Company. The liabilities of $187,350 of the Company prior to September 21, 2012 have been settled by the Company resulting in a $17,310 gain.
	On October 11, 2012, we changed our name to China Xibolun Technology Holdings Corporation.
	Basis of presentation
	The accompanying unaudited condensed financial statements of China Xibolun Technology Holdings Corporation. (Formerly known as Dimus Partners, Inc.) (“Xibolun” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America(“US GAAP”). Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation have been included. The information included in this Form 10-Q should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations and the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2013.

NOTE_2_Summary_Significant_of_

NOTE 2 - Summary Significant of Accounting Policies	6 Months Ended
	Oct. 31, 2013
Accounting Policies [Abstract]	'
NOTE 2 - Summary Significant of Accounting Policies	'
	NOTE 2 –SUMMARY OF ACCOUNTING POLICIES
	Development Stage Policy
	We are a development stage company as defined under Financial Accounting Standards Board (“FASB”)
	Accounting Standards Codification (“ASC”) 915, Development Stage Entities. Our management has limited experience in the consulting business. We have earned no revenues since our formation, have no current clients and have an accumulated deficit during the development stage of $223,567 as of October 31, 2013. We are currently being funded by existing shareholders and anticipate being able to continue our business operations for approximately the next six to eight months due to our low overhead and the limited expenses that we have. If we do not have enough money to pay our outstanding liabilities as they become due and/or if we fail to generate any revenues in the future, we will be forced to curtail or abandon our business plan and any investment in us may be lost.
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities. Estimates are based on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances, the results of which form the basis for judgments about results and the carrying values of assets and liabilities. Actual results and values may differ significantly from these estimates.
	Recent Accounting Pronouncements
	Management does not anticipate that the recently issued but not yet effective accounting pronouncements will materially impact the Company’s financial condition.

NOTE_3_Related_Party_Transacti

NOTE 3 - Related Party Transactions	6 Months Ended
	Oct. 31, 2013
Disclosure Text Block [Abstract]	'
NOTE 3 - Related Party Transactions	'
	NOTE 3 – RELATED PARTY TRANSACTIONS
	Expenses of the Company are currently being paid by an affiliate of our controlling shareholders. During Six months ended October 31, 2013, Chin Yung Kong, the director and shareholder of the Company, paid $22,226 for the Company’s audit and consultant fee.

NOTE_4_Going_Concern

NOTE 4 - Going Concern	6 Months Ended
	Oct. 31, 2013
Disclosure Text Block [Abstract]	'
NOTE 4 - Going Concern	'
	NOTE 4 – GOING CONCERN
	There are no assurances that the Company will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support the Company’s working capital requirements. To the extent that funds generated from any private placements, public offerings and/or bank financing are insufficient to support the Company’s working capital requirements, the Company will have to raise additional working capital from additional financing. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available, the Company may not be able continue its operations.
	These conditions caused our auditors to have substantial doubt about the Company’s ability to continue as a going concern and issue an audit report on our year-end financial statements with an additional paragraph emphasizing the going concern issue. The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

NOTE_5_Income_Taxes

NOTE 5 - Income Taxes	6 Months Ended
	Oct. 31, 2013
Income Tax Disclosure [Abstract]	'
NOTE 5 - Income Taxes	'
	NOTE 5 –INCOME TAXES
	Current tax laws limit the amount of loss available to be offset against future taxable income when a substantial change in ownership occurs. Therefore, the amount available to offset future taxable income may be limited. The provision for income taxes differs from the result which would be obtained by applying the statutory income tax rate of 34% to income before income taxes.
	At October 31, 2013 and April 30, 2013, deferred tax assets consisted of the following:
		October 31,2013			April 30,2013
	Deferred tax assets
	Net operating losses	$	76,013		$	72,994
	Less: valuation allowance		(76,013	)		(72,994	)
	Net deferred tax asset	$	—		$	—
	At October 31, 2013, the Company had an unused net operating loss carry-forward $223,567 that is available to offset future taxable income; the loss carry-forward will start to expire in 2029.

NOTE_2_Summary_of_Accounting_P

NOTE 2 - Summary of Accounting Policies (Policies)	6 Months Ended
	Oct. 31, 2013
Accounting Policies [Abstract]	'
Organization	'
	Organization
	China Xibolun Technology Holdings Corporation (the “Company”) formerly named Dimus Partners, Inc. is a development-stage company.  The Company was incorporated under the laws of the State of Nevada on May 24, 2007. Prior to incorporation on April 30, 2008, Dimus Partners, LLC was a Texas limited liability company effective May 24, 2007.  Dimus Partners, LLC (the “Texas Company”) and the Company entered into a Certificate of Exchange whereby the Nevada Corporation acquired 100% of the issued and outstanding membership interest of the Texas Company, in exchange for two million (2,000,000) common shares of the Company.
	On September 21, 2012, James Patton, Nathan Pettus and James Pacey (“Sellers”), who were collectively the controlling shareholders of the Company, sold 4,200,000 shares of common stock of the Company to Chin Yung Kong and Anyuan Sun (“Purchasers”) for an aggregated price of $ 190,000.The 4,200,000 shares of common stock represented approximately 96.2% of the total issued and outstanding stock of the Company.  As result of this share purchase transaction, Chin Yung Kong and Anyuan Sun became the controlling shareholders of the Company. The liabilities of $187,350 of the Company prior to September 21, 2012 have been settled by the Company resulting in a $17,310 gain.
	On October 11, 2012, we changed our name to China Xibolun Technology Holdings Corporation.
Basis of presentation	'
	Basis of presentation
	The accompanying unaudited condensed financial statements of China Xibolun Technology Holdings Corporation. (Formerly known as Dimus Partners, Inc.) (“Xibolun” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America(“US GAAP”). Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation have been included. The information included in this Form 10-Q should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations and the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2013.
Development Stage Policy	'
	Development Stage Policy
	We are a development stage company as defined under Financial Accounting Standards Board (“FASB”)
	Accounting Standards Codification (“ASC”) 915, Development Stage Entities. Our management has limited experience in the consulting business. We have earned no revenues since our formation, have no current clients and have an accumulated deficit during the development stage of $223,567 as of October 31, 2013. We are currently being funded by existing shareholders and anticipate being able to continue our business operations for approximately the next six to eight months due to our low overhead and the limited expenses that we have. If we do not have enough money to pay our outstanding liabilities as they become due and/or if we fail to generate any revenues in the future, we will be forced to curtail or abandon our business plan and any investment in us may be lost.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities. Estimates are based on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances, the results of which form the basis for judgments about results and the carrying values of assets and liabilities. Actual results and values may differ significantly from these estimates.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	Management does not anticipate that the recently issued but not yet effective accounting pronouncements will materially impact the Company’s financial condition.

NOTE_5_Income_Taxes_Tables

NOTE 5 - Income Taxes (Tables)	6 Months Ended
	Oct. 31, 2013
Income Tax Disclosure [Abstract]	'
Deferred Tax Asset	'
		October 31,2013			April 30,2013
	Deferred tax assets
	Net operating losses	$	76,013		$	72,994
	Less: valuation allowance		(76,013	)		(72,994	)
	Net deferred tax asset	$	—		$	—

NOTE_1_Organization_and_Basis_1

NOTE 1- Organization and Basis of presentation (Details Narrative) (USD $)	6 Months Ended		11 Months Ended	12 Months Ended	77 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Apr. 30, 2008	Apr. 30, 2013	Oct. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'	'	'	'	'
Ownership	'	'	100.00%	'	'
Sale of shares, shares	'	'	'	4,200,000	'
Sale of shares, amount	'	'	'	$190,000	'
Percentage of Ownership after transaction	'	'	'	96.20%	'
Liabilities settled by company	'	'	'	187,350	'
Gain on settlement of liabilities	'	$17,310	'	'	$17,310

NOTE_2_Summary_Significant_of_1

NOTE 2 - Summary Significant of Accounting Policies (Details Narrative) (USD $)	Oct. 31, 2013
Note 2 - Summary Significant Of Accounting Policies Details Narrative	'
Accumulated deficit during the development stage	$223,567

NOTE_2_Related_Party_Transacti

NOTE 2 - Related Party Transactions (Details) (USD $)	Oct. 31, 2013
Text Block [Abstract]	'
Due to related party	$22,226

NOTE_5_Income_Taxes_Deferred_T

NOTE 5 - Income Taxes - Deferred Tax Asset (Details) (USD $)	Oct. 31, 2013	Apr. 30, 2013
Deferred tax assets	'	'
Net operating losses	$76,013	$72,994
Less: valuation allowance	-76,013	-72,994
Net deferred tax asset	'	'

NOTE_5_Income_Taxes_Details_Na

NOTE 5 - Income Taxes (Details Narrative) (USD $)	6 Months Ended
	Oct. 31, 2013
Income Tax Disclosure [Abstract]	'
Net Operating Loss Carry-forward	$223,567
Expiration	30-Apr-29