Cross Click Media (XCLK) 10-Q 1 Nov 13 2013 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Aug. 31, 2013	Oct. 18, 2013
Document And Entity Information	'	'
Entity Registrant Name	'Co-Signer, Inc.	'
Entity Central Index Key	'0001487659	'
Document Type	'10-Q	'
Document Period End Date	31-Aug-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--02-28	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	136,111,120
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2013	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Aug. 31, 2013	Feb. 28, 2013
Current Assets:	'	'
Cash	$8,098	$11,339
Note receivable, related party	13,940	20,000
Other receivable	322	322
Total Current Assets	22,360	31,661
Property and equipment, net of accumulated depreciation of $2,917 and $1,487, respectively	3,529	4,960
Intangible assets, net of accumulated amortization of $14,225 and $6,611, respectively	21,585	29,199
Deposits	2,150	'
Total Assets	49,624	65,820
Current Liabilities:	'	'
Accounts payable and accrued liabilities	397,086	71,932
Accrued interest	114,183	'
Derivative liability	34,773	'
Notes payable, related party	67,940	42,000
Notes payable	38,500	'
Convertible notes payable, net of discounts of $381,412 and $0, respectively	205,294	'
Total Current Liabilities	857,776	113,932
Long-term Liabilities:	'	'
Convertible notes payable, net of discount of $46,686 and $19,850, respectively, related party	31,314	'
Convertible notes payable, net of discount of $6,707 and $0, respectively	8,293	'
Total Long-term Liabilities	39,607	'
Total Liabilities	897,383	113,932
STOCKHOLDERS DEFICIT:	'	'
Preferred stock, $0.001 par value, 8,500,000 shares authorized, no shares issued and outstanding	'	'
Series A preferred stock; $0.001 par value, 1,500,000 shares authorized, 1,173,041 and 0 shares issued and outstanding, respectively	1,173	'
Common stock; $0.001 par value, 440,000,000 shares authorized, 103,555,560 and 111,111,112 authorized and issued, respectively	103,556	111,112
Additional paid-in capital	3,102,020	633,146
Accumulated deficit	-4,054,508	-792,370
Total Stockholders Deficit	-847,759	-48,112
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	$49,624	$65,820

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Aug. 31, 2013	Feb. 28, 2013
Statement of Financial Position [Abstract]	'	'
Preferred Stock, Par Value	$0.00	$0.00
Preferred Stock, Shares Authorized	8,500,000	8,500,000
Preferred Stock, Issued and outstanding	0	0
Series A Preferred Stock, Par Value	$0.00	$0.00
Series A Preferred Stock, Shares Authorized	1,500,000	1,500,000
Series A Preferred Stock, Issued and outstanding	1,173,041	0
Common Stock, Par Value	$0.00	$0.00
Common Stock, Shares Authorized	440,000,000	440,000,000
Common Stock, Issued and outstanding	103,555,560	111,111,112
Property and equipment, accumulated depreciation	$2,917	$1,487
Intangible assets, accumulated amortization	14,225	6,611
Convertible notes payable, current, discounts	381,412	0
Convertible notes payable, long term, related party, discount	46,686	19,850
Convertible notes payable, long term, discounts	$6,707	$0

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013	Aug. 31, 2012
Income Statement [Abstract]	'	'	'	'
Revenue	$11,182	$8,591	$29,689	$10,329
Expenses:	'	'	'	'
Professional fees	350	18,653	58,072	27,654
Salaries and wages	30,908	38,932	55,884	65,987
Advertising and promotion	12,798	21,123	57,408	46,768
General and administrative	51,284	72,023	82,724	92,490
Total operating expenses	95,340	150,731	254,088	232,899
Loss from operations	-84,158	-142,140	-224,399	-222,570
Other income (expense):	'	'	'	'
Amortization of debt discount	71,256	'	117,466	'
Gain (loss) on derivative liability	34,773	'	34,773	'
Interest expense	-32,650	'	-65,538	'
Total other expense	-138,679	'	-217,777	'
Loss before Provision for Income Taxes	-222,837	-142,140	-442,176	-222,570
Provision for Income Taxes	'	'	'	'
Net Loss	($222,837)	($142,140)	($442,176)	($222,570)
Net Loss per share Basic	$0	$0	$0	$0
Weighted average shares outstanding basic and diluted	110,189,710	111,111,120	110,676,892	111,111,120

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Cash flows from operating activities:	'	'
Net loss for the period	($442,176)	($222,570)
Adjustments to reconcile net loss to net cash used in operations:	'	'
Depreciation and amortization	9,045	4,078
(Gain) loss on fair value of derivatives	34,773	'
Amortization of debt discount	-117,466	'
Change in assets and liabilities:	'	'
(Increase) in other assets	-2,150	'
Increase (decrease) in accounts payable and accrued expenses	264,041	-10,019
Net cash used in operating activities	-19,001	-228,511
Cash flows from investing activities	'	'
Purchase of property and equipment	'	-4,117
Purchase of intangible assets	'	-14,180
(Issuance) repayments of note receivable, related party	6,060	-91,800
Net cash used in investing activities	6,060	-110,097
Cash flows from financing activities:	'	'
Proceeds from notes payable, net	3,200	22,000
Proceeds from convertible notes payable, net	8,500	'
Repayment of note payable	-2,000	'
Contributed capital, related party	'	10,000
Collection of subscription receivable	'	79,300
Proceeds from the sale of common stock	'	242,100
Net cash provided by financing activities	9,700	353,400
Net increase (decrease) in cash	-3,241	14,792
Cash at beginning of period	11,339	2,639
Cash at end of period	8,098	17,431
Supplemental Cash Flow Information:	'	'
Cash paid for interest	'	'
Cash paid for income taxes	'	'
Supplemental Non-Cash Investing and Financing Information:	'	'
Net liabilities assumed in connection with merger activities	$452,367	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Aug. 31, 2013
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	Nature of Business
	Co-Signer, Inc. (“Co-Signer” or the “Company”) was incorporated in Nevada on February 23, 2010 as Southern Products, Inc. and was doing business as SIGMAC USA. On August 12, 2013, the Company acquired all of the issued and outstanding common stock of Co-Signer.com, Inc., a private Nevada corporation (“Co-Signer.com”). As a result of the acquisition, we divested our former consumer electronics business and began to focus on the business of Co-Signer.com, Inc. as our primary line of business
	On August 12, 2013, the Company completed it’s merger with Co-Signer.com and its wholly-owned subsidiary, Co-Signer Acquisition Corp. Under the Merger Agreement the Company merged with and into Co-Signer Acquisition Corp. In connection with the closing of this transaction, Co-Signer, Inc., acquired all of the issued and outstanding shares of the Company, which resulted in the Company becoming a wholly-owned subsidiary of Co-Signer, Inc. In exchange for all of the issued and outstanding shares of the Company’s stock, the shareholders received a total of 1,173,041 shares of the newly-designated Series A Convertible Preferred Stock, $51,440 in newly-issued 8% Secured Notes, warrants to purchase a total of 51,440 shares of common stock an exercise price of $0.25 per share, and 23,000,000 newly-issued shares of common stock.
	The closing of the transaction has been characterized as a reverse capitalization; therefore, the historical financial statements are the financial statements of Co-Signer.com, Inc. which have been presented to retroactively reflect the historic capitalization of the accounting acquiree.
	Basis of Presentation
	The accompanying interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the United States Securities and Exchange Commission for interim financial information. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, stockholders’ deficit or cash flows. It is management's opinion, however, that all material adjustments (consisting of normal recurring adjustments) have been made which are necessary for a fair financial statement presentation. The interim results for the three and six months ended August 31, 2013 are not necessarily indicative of the results for the full fiscal year. The interim unaudited financial statements are presented in USD.
	Reclassification
	Certain reclassifications have been made to conform the period information to the 2013 classifications for comparative purposes
	Principles of consolidation
	The consolidated financial statements include the accounts of Co-Signer, Inc. and Co-Signer.com, Inc. All significant intercompany balances and transactions have been eliminated. Co-Signer, Inc. and Co-Signer.com, Inc., will be collectively referred herein to as the “Company”.
	Cash and Cash Equivalents
	The Company considers all highly liquid investments with maturities of three months or less to be cash equivalents. There were no cash equivalents as of August 31, 2013 and February 28, 2013.
	Basic Loss per Share
	Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. As of August 31, 2013 if all convertible notes were fully converted and warrants exercised they could be converted into 20,366,819 shares of common stock.
	Concentrations of Credit Risk
	The Company maintains its cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. The Company continually monitors its banking relationships and consequently has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on cash and cash equivalents.
	Property and Equipment
	Property and equipment are stated at cost. Depreciation and amortization are provided utilizing the straight-line method over the related asset’s estimated useful life of three years.
	Maintenance and repairs are charged to expense as incurred; renewals and improvements that extend the useful life of the assets are capitalized. Upon retirement or disposal, the asset cost and the related accumulated depreciation and amortization are eliminated from the respective accounts and a resulting gain or loss, if any, is included in the results of operations.
	Fair Value of Financial Instruments
	For certain of the Company’s non-derivative financial instruments, including cash and cash equivalents, receivables, accounts payable, and other accrued liabilities, the carrying amount approximates fair value due to the short-term maturities of these instruments. The estimated fair value of long-term debt is based primarily on borrowing rates currently available to the Company for similar debt issues. The fair value approximates the carrying value of long-term debt.
	Intangible Assets
	The Company classifies intangible assets into three categories: (1) intangible assets with definite lives subject to amortization, (2) intangible assets with indefinite lives not subject to amortization and (3) goodwill. The Company determines the useful lives of identifiable intangible assets after considering the specific facts and circumstances related to each intangible asset. Factors the Company considers when determining useful lives include the contractual term of any agreement related to the asset, the historical performance of the asset, the Company’s strategy for using the asset, any laws or other local regulations which could impact the useful life of the asset, and other economic factors, including competition and specific market conditions. Intangible assets that are deemed to have definite lives are amortized, on a straight-line basis, over their useful lives of three years.
	Stock-Based Compensation
	We account for equity instruments issued in exchange for the receipt of goods or services from non-employees. Costs are measured at the fair market value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earlier of the date on which there first exists a firm commitment for performance by the provider of goods or services or on the date performance is complete. The Company recognizes the fair value of the equity instruments issued that result in an asset or expense being recorded by the company, in the same period(s) and in the same manner, as if the Company has paid cash for the goods or services.
	The Company accounts for employee stock-based compensation in accordance with the guidance of FASB ASC Topic 718, Compensation - Stock Compensation which requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on their fair values. The fair value of the equity instrument is charged directly to compensation expense and credited to additional paid-in capital over the period during which services are rendered.
	The Company follows ASC Topic 505-50, formerly EITF 96 Accounting for Equity Instruments that are Issued to Other than Employees for Acquiring, or in Conjunction with Selling Goods and Services for stock options and warrants issued to consultants and other non-employees. In accordance with ASC Topic 505-50, these stock options and warrants issued as compensation for services provided to the Company are accounted for based upon the fair value of the services provided or the estimated fair market value of the option or warrant, whichever can be more clearly determined.
	Advertising and marketing costs
	The Company expenses all costs of advertising as incurred. During the six months ended August 31, 2013 and 2012, there were $57,408 and $46,768 in advertising and marketing costs.
	Income Taxes
	Income taxes are computed using the asset and liability method of accounting. Under the asset and liability method, a deferred tax asset or liability is recognized for estimated future tax effects attributable to temporary differences and carryforwards. The measurement of deferred income tax assets is adjusted by a valuation allowance, if necessary, to recognize future tax benefits only to the extent, based on available evidence; it is more likely than not such benefits will be realized. The Company’s deferred tax assets were fully reserved at August 31, 2013 and February 28, 2013.
	The Company accounts for its income taxes using the Income Tax topic of the FASB ASC 740, which requires the recognition of deferred tax liabilities and assets for expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. It is the Company’s policy to classify interest and penalties on income taxes as interest expense or penalties expense. As of at August 31, 2013 and February 28, 2013, there have been no interest or penalties incurred on income taxes.
	Revenue Recognition
	Revenue from services and related costs of are recognized when (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) the price is fixed or determinable, and (iv) collectability is reasonably assured. These terms are typically met upon the completion of the application process.
	Recent Accounting Pronouncements
	The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued, that might have a material impact on its financial position or results of operations.

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	6 Months Ended
	Aug. 31, 2013
Property, Plant and Equipment [Abstract]	'
PROPERTY AND EQUIPMENT	'
	Property and equipment consisted of the following as of:
		31-Aug-13			28-Feb-13
	Computer Equipment	$	6,446		$	6,446
	Less: accumulated depreciation		(2,917	)		(1,486	)
	Property and equipment, net	$	3,529		$	4,960
	Depreciation expense for the six months ended August 31, 2013 and 2012 was $1,431 and $4,078, respectively.

INTANGIBLE_ASSETS

INTANGIBLE ASSETS	6 Months Ended
	Aug. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
INTANGIBLE ASSETS	'
	Intangible assets consisted of the following as of:
		31-Aug-13			28-Feb-13
	Website design	$	34,310		$	34,310
	Domain name		1,500			1,500
	Less: accumulated amortization		(14,225	)		(6,611	)
	Intangible assets, net	$	21,585		$	29,199
	Amortization expense for the six months ended August 31, 2013 and 2012 was $7,614 and $0, respectively.

NOTES_PAYABLE

NOTES PAYABLE	6 Months Ended
	Aug. 31, 2013
Debt Disclosure [Abstract]	'
NOTES PAYABLE	'
	On June 29, 2012, the Company issued a $488,489 Convertible Promissory Note and Security Interest in favor of a trade creditor representing the past due invoices of the creditor for professional fees. During the three-month period ended May 31, 2013, the creditor advanced a total of $8,006 for payment of the Company’s operating expenses whereby increasing the principal balance of the note to $491,465. The note is collateralized through the granting of a Security Interest in all the current and future assets of the Company until such time the note is fully satisfied. The Security Interest was subsequently perfected by the holder through filing. The note bears interest at a rate of 12% per annum and requires monthly installments of $15,000 per month until paid in full commencing on July 10, 2012. Further, at the sole option of the holder, demand for payment can be made with a thirty-day written notice of such demand. In the event of default, the unpaid balance will accrue interest at a default rate of 18% per annum. The Company has not paid in accordance with the terms of the note, and is currently in default and accruing interest at the default rate of 18%. Interest charged to operations relating to this note amounted to $51,755 for the period ended August 31, 2013.
	Pursuant to the terms of the note, it is convertible into shares of the Company’s common stock at the option of the holder at any time in whole or in part at a conversion rate of $0.10. On the commitment date, management evaluated the conversion feature with respect to the benefit of the holder and determined the value of the conversion feature to be equal to the face value of the note, $488,489. This amount has been recorded as a discount against the outstanding balance of the note. The discount is amortized to interest expense over the estimated life of the debt using the effective interest method. Interest charged to operations relating to the amortization of the debt discount for the six months ended August 31, 2013 amounted to $76,274.
	On June 3, 2013, the Company executed a convertible promissory note for $10,000. The note bears interest at 8% and matures in three years. The loan is convertible at any time into shares of common stock at $0.0067 per share. As a result of the conversion feature the Company has recorded a debt discount of $10,000, $1,236 of which has been amortized to interest expense. As of August 31, 2013, $475 has been repaid on the note and the note has accrued $195 of interest.
	On June 10, 2013, the Company executed a convertible promissory note for $5,000. The note bears interest at 8% and matures in two years. The loan is convertible at any time into shares of common stock at $0.0067 per share. As a result of the conversion feature the Company has recorded a debt discount of $5,000, $569 of which has been amortized to interest expense. As of August 31, 2013, there is $90 of accrued interest on this note.
	On June 12, 2013, the Company executed a promissory note for $10,000. The loan has no stated interest rate and was due August 12, 2013. The note does not bear interest but its principal balance includes a loan fee of $5,000. Subsequent to August 31, 2013, the loan was extended with no specific terms of repayment.
	In April 2013 an individual loaned the Company $6,500, $2,500 of which has been repaid. The loan bears interest at 8% and is due on demand. As of August 31, 2013, there is $28 of accrued interest on this note.
	On April 9, 2013, the Company issued a Convertible Promissory Note to Asher Enterprises, Inc. in the amount of $42,500. The note bears interest at a rate of 8% per annum, is unsecured and matures on January 15, 2014. The Note is convertible into common stock in whole or in part at a variable conversion price equal to a 45% discount to the 10-day average trading price prior to the conversion date. The Company recorded a discount in the amount of $42,500 in connection with the initial valuation of the beneficial conversion feature of the note to be amortized utilizing the interest method of accretion over the term of the note. Further, the Company recognized a derivative liability in the amount of $34,773 resulting from the variable change in conversion rate in relation to the change in market price of the Company’s common stock on the date of issuance.
	As of August 31, 2013 $21,779 of the discount has been amortized to interest expense. In addition, the Company fair valued the derivative at $34,773. As of August 31, 2013, the unpaid principal balance was $21,779 net of discount in the amount of $20,721. Accrued interest totaled $1,346.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Aug. 31, 2013
Related Party Transactions [Abstract]	'
RELATED PARTY TRANSACTION	'
	Notes Receivable
	As of August 31, 2013, $13,940 was due from a related party. The loan has no stated interest rate and is due on demand.
	Notes Payable
	On May 23, 2013, the Company executed a promissory note for $10,000 with a related party. The note bears interest at 12% and is due August 21, 2013. As of August 31, 2013, there is $330 of accrued interest on this note and an additional $3,000 has been loaned to the Company. Subsequent to August 31, 2013, the loan and all accrued interest was repaid in full.
	On February 1, 2013, the Company executed a convertible promissory note for $65,000 with a related party. The note bears interest at a rate of 5% per annum, is unsecured and matures in two years. The loan is convertible at any time into shares of common stock at $0.0065 per share. The Company recorded a discount in the amount of $65,000 in connection with the initial valuation of the beneficial conversion feature of the note to be amortized utilizing the interest method of accretion over the term of the note. As a result of the conversion feature the Company has recorded a debt discount of $65,000, $18,341 of which has been amortized to interest expense. As of August 31, 2013, there is $2,245 of accrued interest on this note and an additional $13,000 has been loaned to the Company.
	As of August 31, 2013 the Company owed Chiles Valley, LLC, a related party, $25,000. The loan has no stated interest rate and is due on demand.

FAIR_VALUE_MEASUREMENT

FAIR VALUE MEASUREMENT	6 Months Ended
	Aug. 31, 2013
Fair Value Disclosures [Abstract]	'
FAIR VALUE MEASUREMENT	'
	ASC Topic 820, “Fair Value Measurements and Disclosures,” requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825, “Financial Instruments,” defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows:
		·	Level 1. Observable inputs such as quoted prices in active markets;
		·	Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly;
		·	Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.
	The following presents the gross value of assets and liabilities that were measured and recognized at fair value, as of August 31, 2013.
		Level I		Level II		Level III		Fair Value
	31-Aug-13
	Convertible notes payable		—	$	244,901		—	$	244,901
	Derivative liability		—		34,773		—		34,773
			—	$	279,674		—	$	279,674

STOCKHOLDERS_DEFICIT

STOCKHOLDERS DEFICIT	6 Months Ended
	Aug. 31, 2013
Equity [Abstract]	'
STOCKHOLDERS EQUITY	'
	The Company is authorized to issue up to 10,000,000 shares of $0.001 par value preferred stock, of which 1,500,000 shares have been designated as Series “A” convertible preferred. In addition the Company is authorized to issue up to 440,000,000 shares of $0.001 par value common stock.
	On August 12, 2013, the Company issued 23,000,000 shares of common stock and 1,173,041 shares of preferred stock pursuant to its merger agreement with Co-Signer,com, Inc. Pursuant to the merger agreement, upon closing, 30,555,560 shares of common stock held by a former officer and director, were canceled and returned to treasury.

WARRANTS

WARRANTS

6 Months Ended

Aug. 31, 2013

Notes to Financial Statements

'

WARRANTS

'

Pursuant to the terms and conditions of the merger agreement dated August 12, 2013, the Company issued 51,440 warrants. The aggregate fair value of the warrants totaled $3,975 based on the Black Scholes Merton pricing model using the following estimates: 1.39% risk free rate, 207% volatility and expected life of the warrants of 5 years.

A summary of the status of the Company’s outstanding stock warrants as of August 31, 2013 and changes during the periods is presented below:

Warrant

Weighted

Average

Price

Outstanding, February 28, 2013

—

$

—

Issued

51,440

0.25

Exercised

—

—

Forfeited

—

—

Expired

—

—

Outstanding, August 31, 2013

51,440

$

0.25

Exercisable, August 31, 2013

51,440

$

0.25

Outstanding

Exercisable

Range of

Number

Weighted

Weighted

Number

Weighted

Exercise

Outstanding

Average

Average

Exercisable

Average

Prices

at

Remaining

Exercise

at

Exercise

8/31/13

Contractual

Price

8/31/13

Price

Life

$

0.25

51,440

5 years

$

0.25

51,440

$

0.25

GOING_CONCERN

GOING CONCERN	6 Months Ended
	Aug. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
GOING CONCERN	'
	As of August 31, 2013, the Company has a working capital deficit of $835,416, limited revenue and an accumulated deficit of $4,054,508. The financial statements are prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. Without realization of additional capital, it would be unlikely for the Company to continue as a going concern. The Company’s management plans on raising cash from public or private debt or equity financing, on an as needed basis and in the longer term, upon achieving profitable operations through its business activities.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Aug. 31, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	Subsequent to August 31, 2013, the Company entered into a convertible promissory note agreement with an investor for $400,000, $50,000 of which has been received. The note was issued with a 10% original discount with a maturity date of one year from each payment.
	In accordance with ASC 855-10, the Company has analyzed its operations subsequent to August 31, 2013 through the date these financial statements were issued and has determined that it does not have any material subsequent events to disclose in these financial statement other than the events described above.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Aug. 31, 2013
Accounting Policies [Abstract]	'
Nature of Business	'
	Nature of Business
	Co-Signer, Inc. (“Co-Signer” or the “Company”) was incorporated in Nevada on February 23, 2010 as Southern Products, Inc. and was doing business as SIGMAC USA. On August 12, 2013, the Company acquired all of the issued and outstanding common stock of Co-Signer.com, Inc., a private Nevada corporation (“Co-Signer.com”). As a result of the acquisition, we divested our former consumer electronics business and began to focus on the business of Co-Signer.com, Inc. as our primary line of business
	On August 12, 2013, the Company completed it’s merger with Co-Signer.com and its wholly-owned subsidiary, Co-Signer Acquisition Corp. Under the Merger Agreement the Company merged with and into Co-Signer Acquisition Corp. In connection with the closing of this transaction, Co-Signer, Inc., acquired all of the issued and outstanding shares of the Company, which resulted in the Company becoming a wholly-owned subsidiary of Co-Signer, Inc. In exchange for all of the issued and outstanding shares of the Company’s stock, the shareholders received a total of 1,173,041 shares of the newly-designated Series A Convertible Preferred Stock, $51,440 in newly-issued 8% Secured Notes, warrants to purchase a total of 51,440 shares of common stock an exercise price of $0.25 per share, and 23,000,000 newly-issued shares of common stock.
	The closing of the transaction has been characterized as a reverse capitalization; therefore, the historical financial statements are the financial statements of Co-Signer.com, Inc. which have been presented to retroactively reflect the historic capitalization of the accounting acquiree.
	Basis of Presentation
	The accompanying interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the United States Securities and Exchange Commission for interim financial information. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, stockholders’ deficit or cash flows. It is management's opinion, however, that all material adjustments (consisting of normal recurring adjustments) have been made which are necessary for a fair financial statement presentation. The interim results for the three and six months ended August 31, 2013 are not necessarily indicative of the results for the full fiscal year. The interim unaudited financial statements are presented in USD.
Reclassification	'
	Reclassification
	Certain reclassifications have been made to conform the period information to the 2013 classifications for comparative purposes
Principles of consolidation	'
	Principles of consolidation
	The consolidated financial statements include the accounts of Co-Signer, Inc. and Co-Signer.com, Inc. All significant intercompany balances and transactions have been eliminated. Co-Signer, Inc. and Co-Signer.com, Inc., will be collectively referred herein to as the “Company”.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents
	The Company considers all highly liquid investments with maturities of three months or less to be cash equivalents. There were no cash equivalents as of August 31, 2013 and February 28, 2013.
Basic Loss per Share	'
	Basic Loss per Share
	Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. As of August 31, 2013 if all convertible notes were fully converted and warrants exercised they could be converted into 20,366,819 shares of common stock.
Concentrations of Credit Risk	'
	Concentrations of Credit Risk
	The Company maintains its cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. The Company continually monitors its banking relationships and consequently has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on cash and cash equivalents.
Property and Equipment	'
	Property and Equipment
	Property and equipment are stated at cost. Depreciation and amortization are provided utilizing the straight-line method over the related asset’s estimated useful life of three years.
	Maintenance and repairs are charged to expense as incurred; renewals and improvements that extend the useful life of the assets are capitalized. Upon retirement or disposal, the asset cost and the related accumulated depreciation and amortization are eliminated from the respective accounts and a resulting gain or loss, if any, is included in the results of operations.
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	For certain of the Company’s non-derivative financial instruments, including cash and cash equivalents, receivables, accounts payable, and other accrued liabilities, the carrying amount approximates fair value due to the short-term maturities of these instruments. The estimated fair value of long-term debt is based primarily on borrowing rates currently available to the Company for similar debt issues. The fair value approximates the carrying value of long-term debt.
Intangible Assets	'
	Intangible Assets
	The Company classifies intangible assets into three categories: (1) intangible assets with definite lives subject to amortization, (2) intangible assets with indefinite lives not subject to amortization and (3) goodwill. The Company determines the useful lives of identifiable intangible assets after considering the specific facts and circumstances related to each intangible asset. Factors the Company considers when determining useful lives include the contractual term of any agreement related to the asset, the historical performance of the asset, the Company’s strategy for using the asset, any laws or other local regulations which could impact the useful life of the asset, and other economic factors, including competition and specific market conditions. Intangible assets that are deemed to have definite lives are amortized, on a straight-line basis, over their useful lives of three years.
Stock-Based Compensation	'
	Stock-Based Compensation
	We account for equity instruments issued in exchange for the receipt of goods or services from non-employees. Costs are measured at the fair market value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earlier of the date on which there first exists a firm commitment for performance by the provider of goods or services or on the date performance is complete. The Company recognizes the fair value of the equity instruments issued that result in an asset or expense being recorded by the company, in the same period(s) and in the same manner, as if the Company has paid cash for the goods or services.
	The Company accounts for employee stock-based compensation in accordance with the guidance of FASB ASC Topic 718, Compensation - Stock Compensation which requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on their fair values. The fair value of the equity instrument is charged directly to compensation expense and credited to additional paid-in capital over the period during which services are rendered.
	The Company follows ASC Topic 505-50, formerly EITF 96-18, “Accounting for Equity Instruments that are Issued to Other than Employees for Acquiring, or in Conjunction with Selling Goods and Services ,” for stock options and warrants issued to consultants and other non-employees. In accordance with ASC Topic 505-50, these stock options and warrants issued as compensation for services provided to the Company are accounted for based upon the fair value of the services provided or the estimated fair market value of the option or warrant, whichever can be more clearly determined.
Advertising and marketing costs	'
	Advertising and marketing costs
	The Company expenses all costs of advertising as incurred. During the six months ended August 31, 2013 and 2012, there were $57,408 and $46,768 in advertising and marketing costs.
Income Taxes	'
	Income Taxes
	Income taxes are computed using the asset and liability method of accounting. Under the asset and liability method, a deferred tax asset or liability is recognized for estimated future tax effects attributable to temporary differences and carryforwards. The measurement of deferred income tax assets is adjusted by a valuation allowance, if necessary, to recognize future tax benefits only to the extent, based on available evidence; it is more likely than not such benefits will be realized. The Company’s deferred tax assets were fully reserved at August 31, 2013 and February 28, 2013.
	The Company accounts for its income taxes using the Income Tax topic of the FASB ASC 740, which requires the recognition of deferred tax liabilities and assets for expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. It is the Company’s policy to classify interest and penalties on income taxes as interest expense or penalties expense. As of at August 31, 2013 and February 28, 2013, there have been no interest or penalties incurred on income taxes.
Revenue Recognition	'
	Revenue Recognition
	Revenue from services and related costs of are recognized when (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) the price is fixed or determinable, and (iv) collectability is reasonably assured. These terms are typically met upon the completion of the application process.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued, that might have a material impact on its financial position or results of operations.

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	6 Months Ended
	Aug. 31, 2013
Property, Plant and Equipment [Abstract]	'
Schedule of Property and Equipment	'
		31-Aug-13			28-Feb-13
	Computer Equipment	$	6,446		$	6,446
	Less: accumulated depreciation		(2,917	)		(1,486	)
	Property and equipment, net	$	3,529		$	4,960

INTANGIBLE_ASSETS_Tables

INTANGIBLE ASSETS (Tables)	6 Months Ended
	Aug. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Intangible Assets	'
		31-Aug-13			28-Feb-13
	Website design	$	34,310		$	34,310
	Domain name		1,500			1,500
	Less: accumulated amortization		(14,225	)		(6,611	)
	Intangible assets, net	$	21,585		$	29,199

FAIR_VALUE_MEASUREMENT_Tables

FAIR VALUE MEASUREMENT (Tables)	6 Months Ended
	Aug. 31, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Measurement	'
		Level I		Level II		Level III		Fair Value
	31-Aug-13
	Convertible notes payable		—	$	244,901		—	$	244,901
	Derivative liability		—		34,773		—		34,773
			—	$	279,674		—	$	279,674

WARRANTS_Tables

WARRANTS (Tables)

6 Months Ended

Aug. 31, 2013

Notes to Financial Statements

'

Schedule of Warrants

'

Warrant

Weighted

Average

Price

Outstanding, February 28, 2013

—

$

—

Issued

51,440

0.25

Exercised

—

—

Forfeited

—

—

Expired

—

—

Outstanding, August 31, 2013

51,440

$

0.25

Exercisable, August 31, 2013

51,440

$

0.25

Schedule of Key Assumptions of Warrants

'

Outstanding

Exercisable

Range of

Number

Weighted

Weighted

Number

Weighted

Exercise

Outstanding

Average

Average

Exercisable

Average

Prices

at

Remaining

Exercise

at

Exercise

8/31/13

Contractual

Price

8/31/13

Price

Life

$

0.25

51,440

5 years

$

0.25

51,440

$

0.25

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013	Aug. 31, 2012	Feb. 28, 2013
Accounting Policies [Abstract]	'	'	'	'	'
Cash Equivalents	$0	'	$0	'	$0
Business Acquisition Date Of Acquisition Agreement	'	'	12-Aug-13	'	'
Business Acquisition, Series A Shares Issued	'	'	1,173,041	'	'
Business Acquisition, Secured Notes Issued	'	'	8.00%	'	'
Business Acquisition, Secured Notes Issued, Value	'	'	51,440	'	'
Business Acquisition, Warrants to Purchase	'	'	51,440	'	'
Business Acquisition, Warrants to Purchase exercise price per share	'	'	$0.25	'	'
Business Acquisition, Common Stock Issued	'	'	23,000,000	'	'
Property and Equipment Estimated Useful Life	'	'	'3 years	'	'
Marketing And Advertising Expense	$12,798	$21,123	$57,408	$46,768	'

PROPERTY_AND_EQUIPMENT_Schedul

PROPERTY AND EQUIPMENT - Schedule of Property and Equipment (Details) (USD $)	Aug. 31, 2013	Feb. 28, 2013
Property, Plant and Equipment [Abstract]	'	'
Computer Equipment	$6,446	$6,446
Less: accumulated depreciation	-2,917	-1,486
Property and equipment, Net	$3,529	$4,960

PROPERTY_AND_EQUIPMENT_Details

PROPERTY AND EQUIPMENT (Details Narrative) (USD $)	6 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Property, Plant and Equipment [Abstract]	'	'
Depreciation expense	$9,045	$4,078

INTANGIBLE_ASSETS_Schedule_of_

INTANGIBLE ASSETS - Schedule of Intangible Assets (Details) (USD $)	Aug. 31, 2013	Feb. 28, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Website design	$34,310	$34,310
Domain name	1,500	1,500
Intangible assets, accumulated amortization	14,225	6,611
Intangible assets, net	$21,585	$29,199

INTANGIBLE_ASSETS_Details_Narr

INTANGIBLE ASSETS (Details Narrative) (USD $)	6 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Amortization expense	$7,614	$0

NOTES_PAYABLE_Details_Narrativ

NOTES PAYABLE (Details Narrative) (USD $)

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

Aug. 31, 2013

Aug. 31, 2012

Aug. 31, 2013

Aug. 31, 2012

Feb. 28, 2013

31-May-13

Aug. 31, 2013

Aug. 31, 2013

Aug. 31, 2013

Aug. 31, 2013

Aug. 31, 2013

Aug. 31, 2013

Trade Creditor

Trade Creditor

Convertible Promissory Note 1

Convertible Promissory Note 2

Promissory Note 1

Loan From Individual

Asher Enterprises Inc

Debt Instrument Issuance Date

'

'

'

'

'

'

29-Jun-12

3-Jun-13

10-Jun-13

12-Jun-13

30-Apr-13

9-Apr-13

Debt Instrument

'

'

'

'

'

'

$488,489

$10,000

$5,000

$10,000

$6,500

$42,500

Principal Balance

'

'

'

'

'

'

491,465

'

'

'

'

21,779

Interest Rate

'

'

'

'

'

'

12.00%

8.00%

8.00%

'

8.00%

8.00%

Default Interest Rate

'

'

'

'

'

'

18.00%

'

'

'

'

'

Maturity Date

'

'

'

'

'

'

'

'

'

12-Aug-13

'

15-Jan-14

Maturity Period

'

'

'

'

'

'

'

'3 years

'2 years

'

'

'

Additional borrowings

'

'

'

'

'

8,006

'

'

'

'

'

'

Debt Instrument, conversion price per share

'

'

'

'

'

'

$0.10

$0.01

$0.01

'

'

'

Debt Instrument Date of First Required Payment

'

'

'

'

'

'

10-Jul-12

'

'

'

'

'

Debt Instrument Monthly Payments

'

'

'

'

'

'

15,000

'

'

'

'

'

Interest expense

-32,650

'

-65,538

'

'

'

51,755

1,236

569

'

'

21,779

Amortization of Debt Discount

-71,256

'

-117,466

'

'

'

76,274

'

'

'

'

'

Debt Instrument Discount

'

'

'

'

'

'

'

10,000

5,000

'

'

20,721

Repayment of Debt Instrument

'

'

'

'

'

'

'

475

'

'

2,500

'

Accrued interest

'

'

'

'

'

'

'

195

90

'

28

1,346

Debt Instrument Fee

'

'

'

'

'

'

'

'

'

5,000

'

'

Derivative liability

$34,773

'

$34,773

'

'

'

'

'

'

'

'

$34,773

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013	Aug. 31, 2012	Feb. 28, 2013
Note receivable, related party	$13,940	'	$13,940	'	$20,000
Convertible notes payable, current, discounts	381,412	'	381,412	'	0
Interest expense	-32,650	'	-65,538	'	'
Promissory Note	'	'	'	'	'
Debt Instrument Issuance Date	'	'	23-May-13	'	'
Debt Instrument	10,000	'	10,000	'	'
Interest Rate	12.00%	'	12.00%	'	'
Maturity Date	'	'	21-Aug-13	'	'
Additional borrowings	'	'	3,000	'	'
Convertible Promissory Note	'	'	'	'	'
Debt Instrument Issuance Date	'	'	1-Feb-13	'	'
Debt Instrument	65,000	'	65,000	'	'
Interest Rate	5.00%	'	5.00%	'	'
Maturity Period	'	'	'2 years	'	'
Additional borrowings	'	'	13,000	'	'
Debt Instrument, conversion price per share	$0.01	'	$0.01	'	'
Convertible notes payable, current, discounts	65,000	'	65,000	'	'
Interest expense	'	'	18,341	'	'
Accrued interest	'	'	2,245	'	'
Chiles Valley LLC	'	'	'	'	'
Debt Instrument	$25,000	'	$25,000	'	'

FAIR_VALUE_MEASUREMENTS_FAIR_V

FAIR VALUE MEASUREMENTS - FAIR VALUE MEASUREMENTS (Details) (USD $)	Aug. 31, 2013
Level 1	'
Convertible notes payable	'
Derivative Liability	'
Total	'
Level 2	'
Convertible notes payable	244,901
Derivative Liability	34,773
Total	279,674
Level 3	'
Convertible notes payable	'
Derivative Liability	'
Total	'
Total	'
Convertible notes payable	244,901
Derivative Liability	34,773
Total	$279,674

STOCKHOLDERS_DEFICIT_Details_N

STOCKHOLDERS DEFICIT (Details Narrative) (USD $)	6 Months Ended
	Aug. 31, 2013	Feb. 28, 2013
Equity [Abstract]	'	'
Preferred Stock, Par Value	$0.00	$0.00
Preferred Stock, Shares Authorized	8,500,000	8,500,000
Preferred Stock, Issued and outstanding	0	0
Series A Preferred Stock, Par Value	$0.00	$0.00
Series A Preferred Stock, Shares Authorized	1,500,000	1,500,000
Series A Preferred Stock, Issued and outstanding	1,173,041	0
Common Stock, Par Value	$0.00	$0.00
Common Stock, Shares Authorized	440,000,000	440,000,000
Common Stock, Issued and outstanding	103,555,560	111,111,112
Business Acquisition Date Of Acquisition Agreement	12-Aug-13	'
Business Acquisition, Series A Shares Issued	1,173,041	'
Business Acquisition, Common Stock Issued	23,000,000	'
Shares cancelled and returned to treasury	30,555,560	'

WARRANTS_Schedule_of_Warrants_

WARRANTS - Schedule of Warrants (Details) (USD $)	6 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Beginning Balance, Issued Warrants	'
Beginning Balance, Average Exercise Price	'
Issued, Warrants	51,440
Issued, Average Exercise Price	$0.25
Exercised, Warrants	'
Exercised, Average Exercise Price	'
Expired/Cancelled Warrants	'
Expired/Cancelled Average Exercise Price	'
Forfeited, Warrants	'
Forfeited, Average Exercise Price	'
Ending Balance, Issued Warrants	51,440
Ending Balance, Average Exercise Price	$0.25
Exercisable, Warrants	51,440
Exercisable, Average Exercise Price	$0.25

WARRANTS_Schedule_of_Key_Assum

WARRANTS - Schedule of Key Assumptions of Warrants (Details) (USD $)	6 Months Ended
	Aug. 31, 2013	Feb. 28, 2013
Notes to Financial Statements	'	'
Range of Exercise Prices	$0.25	'
Ending Balance, Issued Warrants	51,440	'
Ending Balance, Average Exercise Price	$0.25	'
Weighted Average Remaining Contractual Life	'P5Y	'
Exercisable, Warrants	51,440	'
Exercisable, Average Exercise Price	$0.25	'

WARRANTS_Details_Narrative

WARRANTS (Details Narrative) (USD $)	6 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Business Acquisition Date Of Acquisition Agreement	12-Aug-13
Business Acquisition, Warrants to Purchase	51,440
Business Acquisition, Warrants Fair Value	$3,975

GOING_CONCERN_Details_Narrativ

GOING CONCERN (Details Narrative) (USD $)	Aug. 31, 2013	Feb. 28, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'	'
Working capital deficit	$835,416	'
Accumulated deficit	($4,054,508)	($792,370)

SUBSEQUENT_EVENTS_Details_Narr

SUBSEQUENT EVENTS (Details Narrative) (Convertible Promissory Note 3, USD $)	6 Months Ended
	Aug. 31, 2013
Convertible Promissory Note 3	'
Debt Instrument Issuance Date	23-Sep-13
Debt Instrument	$400,000
Maturity Period	'1 year
Debt Instrument, Original Discount on Note	10.00%
Debt Instrument	$50,000