Zhanling International (ZLME) 10-K 1 Mar 19 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jan. 31, 2019	Mar. 01, 2019	Jul. 31, 2018
Document And Entity Information
Entity Registrant Name	Odenza Corp.
Entity Central Index Key	1,489,300
Document Type	10-K
Document Period End Date	Jan. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--01-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	true
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		3,660,000
Trading Symbol	ODZA
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,019

Balance Sheet

Balance Sheet - USD ($)	Jan. 31, 2019	Jan. 31, 2018
Current assets
Prepayments and deposits		$ 2,606
Total current assets		2,606
TOTAL ASSETS	0	2,606
Current liabilities
Other payables and accrued liabilities	18,736	6,360
Due to a related party	188,929	180,969
Total current liabilities	207,665	187,329
TOTAL LIABILITIES	207,665	187,329
STOCKHOLDERS' EQUITY
Common stock Authorized: 75,000,000 common shares with a par value of $0.001 Issued and outstanding: 3,660,000 common shares	3,660	3,660
Additional paid-in capital	27,840	27,840
Deficit accumulated during the exploration stage	(239,165)	(216,223)
TOTAL STOCKHOLDERS' EQUITY	(207,665)	(184,723)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 0	$ 2,606

Balance Sheet (Parenthetical)

Balance Sheet (Parenthetical) - $ / shares	Jan. 31, 2019	Jan. 31, 2018
Statement of Financial Position [Abstract]
Common stock, shares authorized	75,000,000	75,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	3,660,000	3,660,000
Common stock, shares outstanding	3,660,000	3,660,000

Statement of Operations

Statement of Operations - USD ($)	12 Months Ended		114 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019
Income Statement [Abstract]
Office and general expenses	$ 12,546	$ 7,054	$ 75,916
Professional fees	10,396	30,700	158,659
Mining costs			4,590
Net loss	$ 22,942	$ 37,754	$ 239,165
Basic and diluted net loss per share	$ 0	$ 0
Weighted average number of shares outstanding	3,660,000	3,660,000

Statements of Stockholders' Equ

Statements of Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Deficit Accumulated During Development Stage [Member]	Total
Balance at Jul. 16, 2009
Balance, shares at Jul. 16, 2009
Common stock issued for cash at $0.001 per share	$ 2,500			2,500
Common stock issued for cash at $0.001 per share, shares	2,500,000
Common stock issued for cash at $0.025 per share	$ 1,160	27,840		29,000
Common stock issued for cash at $0.025 per share, shares	1,160,000
Net loss			(8,058)	(8,058)
Balance at Jan. 31, 2010	$ 3,660	27,840	(8,058)	23,442
Balance, shares at Jan. 31, 2010	3,660,000
Balance at Jul. 16, 2009
Balance, shares at Jul. 16, 2009
Net loss				(239,165)
Balance at Jan. 31, 2019	$ 3,660	27,840	(239,165)	(207,665)
Balance, shares at Jan. 31, 2019	3,660,000
Balance at Jan. 31, 2010	$ 3,660	27,840	(8,058)	23,442
Balance, shares at Jan. 31, 2010	3,660,000
Net loss			(25,375)	(25,375)
Balance at Jan. 31, 2011	$ 3,660	27,840	(33,433)	(1,933)
Balance, shares at Jan. 31, 2011	3,660,000
Net loss			(45,121)	(45,121)
Balance at Jan. 31, 2012	$ 3,660	27,840	(78,554)	(47,054)
Balance, shares at Jan. 31, 2012	3,660,000
Net loss			(26,465)	(26,465)
Balance at Jan. 31, 2013	$ 3,660	27,840	(105,019)	(73,519)
Balance, shares at Jan. 31, 2013	3,660,000
Net loss			(23,669)	(23,669)
Balance at Jan. 31, 2014	$ 3,660	27,840	(128,688)	(97,188)
Balance, shares at Jan. 31, 2014	3,660,000
Net loss			(15,338)	(15,338)
Balance at Jan. 31, 2015	$ 3,660	27,840	(144,026)	(112,526)
Balance, shares at Jan. 31, 2015	3,660,000
Net loss			(16,368)	(16,368)
Balance at Jan. 31, 2016	$ 3,660	27,840	(160,164)	(128,664)
Balance, shares at Jan. 31, 2016	3,660,000
Net loss			(18,305)	(18,305)
Balance at Jan. 31, 2017	$ 3,660	27,840	(178,469)	(146,969)
Balance, shares at Jan. 31, 2017	3,660,000
Net loss			(37,754)	(37,754)
Balance at Jan. 31, 2018	$ 3,660	27,840	(216,223)	(184,723)
Balance, shares at Jan. 31, 2018	3,660,000
Net loss			(22,942)	(22,942)
Balance at Jan. 31, 2019	$ 3,660	$ 27,840	$ (239,165)	$ (207,665)
Balance, shares at Jan. 31, 2019	3,660,000

Statements of Stockholders' E_2

Statements of Stockholders' Equity (Parenthetical)	Jan. 31, 2010$ / shares
Share Price One [Member]
Share price per share	$ 0.001
Share Price Two [Member]
Share price per share	$ 0.025

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended			114 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2019
CASH FLOWS FROM OPERARING ACTIVITIES
Net loss	$ (22,942)	$ (37,754)	$ (18,305)	$ (239,165)
Net change in non-cash working capital balances
Prepayments	2,606	(2,606)
Other payables and accrued liabilities	12,376	135		18,736
NET CASH USED IN OPERATION	(7,960)	(40,255)		(220,429)
CASH FLOWS FROM FINANCING ACTIVITIES
Due to related party	7,960	40,255		188,969
Capital stock issued				31,500
NET CASH PROVIDED BY FINANCING ACTIVITIES	7,960	40,255		220,429
INCREASE IN CASH
CASH, BEGINNING
CASH, ENDING
Supplemental cash flow information:
Interest paid
Income taxed paid

Nature Operations

Nature Operations	12 Months Ended
	Jan. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature Operations	1. NATURE OPERATIONS The Company was incorporated in the State of Nevada on July 16, 2009 and its year-end is January 31. The Company is an exploration stage company and is currently seeking new business opportunities. Going concern These financial statements have been prepared on a going concern basis. The Company has incurred losses since inception resulting in an accumulated deficit of $239,165 at January 31, 2019 and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has plans to seek additional capital through a private placement of its common stock or further director loans as needed. These financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jan. 31, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation These accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are readily apparent from other sources. The actual results experienced by the Company may differ materially from the Company’s estimates. To the extent there are material differences, future results may be affected. Estimates used in preparing these financial statements include the carrying value of the equipment, deferred income tax amounts, rates and timing of the reversal of income tax differences. Mineral property costs The Company has been in the exploration stage since its formation on July 16, 2009 and has not yet realized any revenues from its planned operations. It is primarily engaged in the acquisition and exploration of mining properties. Mineral property acquisition and exploration costs are charged to operations as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property, are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. Cash and cash equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments. Comprehensive Loss For all periods presented, the Company has no items that represent a comprehensive loss and, therefore, has not included a statement of comprehensive loss in these financial statements. Financial instruments The fair value of the Company’s financial instruments consisting of cash, accounts payable, and amounts due to related party approximate their carrying values due to the immediate or short-term maturity of these financial instruments. The Company operates in Malaysia and therefore is exposed to foreign exchange risk. It is the management’s opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments. Income taxes The provision of income taxes is determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. The Company conducts much of its businesses activities in Hong Kong and is subject to tax in this jurisdiction. As a result of its business activities, the Company will file separate tax returns that are subject to examination by the foreign tax authorities. Net loss per share The Company calculates net loss per share in accordance with ASC Topic 260 “ Earnings per share Stock-based compensation The Company has not adopted a stock option plan and therefore has not granted any stock options. Accordingly, no stock- based compensation has been recorded to date. Foreign Currency Translation Foreign denominated monetary assets and liabilities are translated to their United States dollar equivalents using foreign exchange rates which prevailed at the balance sheet date. Expenses are translated at average rates of exchange during the period. Related translation adjustments are reported as a separate component of stockholders’ equity, whereas gains or losses resulting from foreign currency transactions are included in the results of operations. Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence. Recent Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and 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.

Mineral Property

Mineral Property	12 Months Ended
	Jan. 31, 2019
Extractive Industries [Abstract]
Mineral Property	3. MINERAL PROPERTY On September 25, 2009 the Company entered into an Option Agreement to acquire a 100% undivided legal, beneficial and register-able interest in Prospecting License P21/709 of approximately 140 hectares located in the Murchison Mineral field in Western Australia and known as the Island Project Lake Austin. The option period is for two years from effective date. The Company negotiated a one year extension of the option at no charge which was expired on September 25, 2012. The Company did not negotiate any extension of the option and consequently the option has expired and become ineffective.

Due To Related Party

Due To Related Party	12 Months Ended
	Jan. 31, 2019
Related Party Transactions [Abstract]
Due To Related Party	4. DUE TO RELATED PARTY As of January 31, 2019 and 2018, the Company owed $188,929 and $180,969 respectively to the President, Chief Executive Officer, Secretary and Chairman of the Board of Directors of the Company for funds advanced. The amounts are unsecured, bear no interest and are payable on demand.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jan. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions	5. RELATED PARTY TRANSACTIONS As of January 31, As of January 31, 2019 2018 Related Party A: - stock certificate storage and registrar services $ 1,840 $ 1,440 - renewal of annual list and business license $ 2,200 $ 2,200 - professional fees $ 2,400 $ 20,400 Related party A is a party which the Company’s former Chief Financial Officer, Treasurer, and Director, C.K. Lee who resigned on April 29, 2016, is the Director of related party A.

Income Taxes

Income Taxes	12 Months Ended
	Jan. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	6. INCOME TAXES The Tax Cuts and Jobs Act was enacted in the United States on December 22, 2017. The Act reduces the US federal corporate tax rate from 35% to 21%, requires companies to pay a one-time transition tax on earnings of certain foreign subsidiaries that were previously tax deferred, and creates new taxes on certain foreign sourced earnings. In December 2017, the SEC issued SAB 118, which directs taxpayers to consider the impact of the U.S. legislation as “provisional” when it does not have the necessary information available, prepared or analyzed (including computations) in reasonable detail to complete its accounting for the change in tax law. As of January 31, 2019, the Company does not recognize any provisional amount for the transition tax. We re-measured certain deferred tax assets and liabilities based on the rates at which they are anticipated to reverse in the future, which is generally 21%. However, we are still examining certain aspects of the Act and refining our calculations, which could potentially affect the measurement of these balances or potentially give rise to new deferred tax amounts. As of January 31, 2019, the Company has estimated tax loss carry forwards for tax purpose of approximately $239,165 These amounts may be applied against future taxable income. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization has not been determined to be more likely than not to occur. The actual income tax provisions differ from the expected amounts calculated by applying the statutory income tax rate to the Company’s loss before income taxes. The components of these differences are as follows: For the year ended January 31, 2019 For the year ended January 31, 2018 Loss before income tax: $ 22,942 $ 37,754 Statutory tax rate 21 % 21 % Expected recovery if income taxes at standard rates 4,818 7,927 Change in valuation allowance (4,818 ) (7,927 ) Income tax provision $ - $ - Components of deferred tax assets: Non-capital tax loss carry forwards $ 50,226 $ 45,408 Less: valuation allowance (50,226 ) (45,408 ) Net deferred tax asset $ - $ - The Company has not filed income tax returns since inception in the United States. Both taxing authorities prescribe penalties for failing to file certain tax returns and supplemental disclosure. Upon filing there could be penalties and interest assessed. Such penalties vary by jurisdiction and by assessing practices and authorities. As the Company has incurred losses since inception there would be no known or anticipated exposure to penalties for income tax liability. However, certain jurisdictions may assess penalties for failing to file returns and other disclosures and for failing to file other supplemental information associated with foreign ownership, debt and equity position. Inherent uncertainties arise over tax positions taken with respect to transfer pricing, related party transactions, tax credits, tax based incentives and stock based transactions. Management has considered the likelihood and significance of possible penalties associated with its current and intended filing positions and has determined, based on their assessment, that such penalties, if any, would not be expected to be material.

Subsequent Events

Subsequent Events	12 Months Ended
	Jan. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	7. SUBSEQUENT EVENTS In accordance with ASC Topic 855, “ Subsequent Events

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of presentation These accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”).
Use of Estimates	Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are readily apparent from other sources. The actual results experienced by the Company may differ materially from the Company’s estimates. To the extent there are material differences, future results may be affected. Estimates used in preparing these financial statements include the carrying value of the equipment, deferred income tax amounts, rates and timing of the reversal of income tax differences.
Mineral Property Costs	Mineral property costs The Company has been in the exploration stage since its formation on July 16, 2009 and has not yet realized any revenues from its planned operations. It is primarily engaged in the acquisition and exploration of mining properties. Mineral property acquisition and exploration costs are charged to operations as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property, are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve.
Cash and Cash Equivalents	Cash and cash equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.
Comprehensive Loss	Comprehensive Loss For all periods presented, the Company has no items that represent a comprehensive loss and, therefore, has not included a statement of comprehensive loss in these financial statements.
Financial Instruments	Financial instruments The fair value of the Company’s financial instruments consisting of cash, accounts payable, and amounts due to related party approximate their carrying values due to the immediate or short-term maturity of these financial instruments. The Company operates in Malaysia and therefore is exposed to foreign exchange risk. It is the management’s opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments.
Income Taxes	Income taxes The provision of income taxes is determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. The Company conducts much of its businesses activities in Hong Kong and is subject to tax in this jurisdiction. As a result of its business activities, the Company will file separate tax returns that are subject to examination by the foreign tax authorities.
Net Loss Per Share	Net loss per share The Company calculates net loss per share in accordance with ASC Topic 260 “ Earnings per share
Stock-based Compensation	Stock-based compensation The Company has not adopted a stock option plan and therefore has not granted any stock options. Accordingly, no stock- based compensation has been recorded to date.
Foreign Currency Translation	Foreign Currency Translation Foreign denominated monetary assets and liabilities are translated to their United States dollar equivalents using foreign exchange rates which prevailed at the balance sheet date. Expenses are translated at average rates of exchange during the period. Related translation adjustments are reported as a separate component of stockholders’ equity, whereas gains or losses resulting from foreign currency transactions are included in the results of operations.
Related Parties	Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and 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.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Jan. 31, 2019
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	As of January 31, As of January 31, 2019 2018 Related Party A: - stock certificate storage and registrar services $ 1,840 $ 1,440 - renewal of annual list and business license $ 2,200 $ 2,200 - professional fees $ 2,400 $ 20,400

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jan. 31, 2019
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax	The components of these differences are as follows: For the year ended January 31, 2019 For the year ended January 31, 2018 Loss before income tax: $ 22,942 $ 37,754 Statutory tax rate 21 % 21 % Expected recovery if income taxes at standard rates 4,818 7,927 Change in valuation allowance (4,818 ) (7,927 ) Income tax provision $ - $ - Components of deferred tax assets: Non-capital tax loss carry forwards $ 50,226 $ 45,408 Less: valuation allowance (50,226 ) (45,408 ) Net deferred tax asset $ - $ -

Nature Operations (Details Narr

Nature Operations (Details Narrative) - USD ($)	Jan. 31, 2019	Jan. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ (239,165)	$ (216,223)

Mineral Property (Details Narra

Mineral Property (Details Narrative) - Option Agreement [Member]	Sep. 25, 2009USD ($)ha
Ownership percentage	100.00%
Area of mineral property to be acquired | ha	140
Option term	2 years
Option extension term, description	The Company negotiated a one year extension of the option at no charge which was expired on September 25, 2012.
Option period extension tenure	1 year
Cost of option period extension | $

Due To Related Party (Details N

Due To Related Party (Details Narrative) - USD ($)	Jan. 31, 2019	Jan. 31, 2018
Related Party Transactions [Abstract]
Due to related party	$ 188,929	$ 180,969

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($)	12 Months Ended		114 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019
Professional fees	$ 10,396	$ 30,700	$ 158,659
Related Party A [Member]
Stock certificate storage and registrar services	1,840	1,440
Renewal of annual list and business license	2,200	2,200
Professional fees	$ 2,400	$ 20,400

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Jan. 31, 2019	Jan. 31, 2018
Income Tax Disclosure [Abstract]
Income tax reconciliation description	The Act reduces the US federal corporate tax rate from 35% to 21%, requires companies to pay a one-time transition tax on earnings of certain foreign subsidiaries that were previously tax deferred, and creates new taxes on certain foreign sourced earnings.
Income tax federal corporate tax rate	21.00%	21.00%
Income tax reverse rate	21.00%
Operating loss carryforward	$ 239,165

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax (Details) - USD ($)	12 Months Ended
	Jan. 31, 2019	Jan. 31, 2018
Income Tax Disclosure [Abstract]
Loss before income tax:	$ 22,942	$ 37,754
Statutory tax rate	21.00%	21.00%
Expected recovery of income taxes at standard rates	$ 4,818	$ 7,927
Change in valuation allowance	(4,818)	(7,927)
Income tax provision
Non-capital tax loss carry forwards	50,226	45,408
Less: valuation allowance	(50,226)	(45,408)
Net deferred tax asset