Yinhang Internet Technologies Development 10-Q 4 Jun 15 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Oct. 31, 2014	30-May-15
GOING CONCERN
Entity Registrant Name	Bison Petroleum, Corp.
Entity Central Index Key	1494722
Document Type	10-Q
Document Period End Date	31-Oct-14
Amendment Flag	FALSE
Current Fiscal Year End Date	-26
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		800,000,000
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2014

BALANCE_SHEETS_UNAUDITED

BALANCE SHEETS (UNAUDITED) (USD $)	Oct. 31, 2014	Apr. 30, 2014
Current Assets
Cash or Cash Equivalents	$346	$1,768
Total current assets	346	1,768
TOTAL ASSETS	346	1,768
Current Liabilities
Accounts payable	8,718	2,980
Accounts payable - officer	52,500	7,500
Loans from stockholders	121,260	117,865
Total current liabilities	182,478	128,345
TOTAL LIABILITIES	182,478	128,345
COMMITMENTS AND CONTINGENCIES	0	0
STOCKHOLDERS' DEFICIT
Common stock, par $0.001, 800,000,000 shares authorized, 41,883,335 and 41,883,335 shares issued and outstanding, respectively	41,883	41,883
Additional paid in capital	1,532,585	1,532,585
Deficit accumulated during the development stage	-1,756,600	-1,701,045
TOTAL STOCKHOLDERS' DEFICIT	-182,132	-126,577
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$346	$1,768

BALANCE_SHEETS_UNAUDITED_Paren

BALANCE SHEETS (UNAUDITED) (Parenthetical) (USD $)	Oct. 31, 2014	Apr. 30, 2014	Jun. 05, 2013	Jun. 04, 2013
Common Stock
Common stock, par	$0.00	$0.00	$0.00	$0.00
Common stock, shares authorized	800,000,000	800,000,000	800,000,000	100,000,000
Common stock, shares issued and outstanding	41,883,335	41,883,335	39,200,000	4,900,000

STATEMENTS_OF_OPERATIONS_AND_C

STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) (USD $)	3 Months Ended		6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013
Income Statement [Abstract]
INCOME	$0	$0	$0	$0
OPERATING EXPENSES
Accounting	0	3,600	0	12,600
Oil and gas lease expense	0	540,000	0	540,000
Legal Expenses	0	8,094	0	13,744
Administrative expenses	695	13,508	8,035	53,483
Officer compensation expense	22,500	85,000	45,000	370,000
Total Operating Expenses	23,195	650,202	53,035	989,827
OTHER INCOME AND (EXPENSES)
Interest Expense	-1,260	0	-2,520	0
Foreign currency exchange	0	0	0	0
Total Other Income and (Expenses)	-1,260	0	-2,520	0
NET LOSS BEFORE INCOME TAXES	-24,455	-650,202	-55,555	-989,827
PROVISION FOR INCOME TAXES	0	0	0	0
NET LOSS	($24,455)	($650,202)	($55,555)	($989,827)
Weighted Average Number of Shares Outstanding	41,883,335	40,379,951	41,883,335	38,530,073
Net Loss Per Share	$0	($0.02)	$0	($0.03)

STATEMENTS_OF_CASH_FLOWS_UNAUD

STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
Cash used in operating activities:
Net loss	($55,555)	($989,827)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:
Stock issued for services	0	285,000
Stock issued for oil and gas lease expense	0	540,000
Changes in Assets and Liabilities
Increase (decrease) in accounts payable	5,738	304
Interest in accrued interest payable - Officer	2,520	0
Increase (decrease) in accounts payable - officer	45,000	-11,275
Decrease (increase) in prepayments	0	300
Net cash used in operating activities	-2,297	-175,498
Cash Flows from Financing Activities:
Proceeds from Stock Subscription Receivable	0	30,000
Sale of common stock	0	160,000
Loans from stockholders	875	30
Net Cash Provided by Financing Activities	875	190,030
Net Increase in Cash and Cash Equivalents	-1,422	14,532
Cash and Cash Equivalents - Beginning	1,768	57
Cash and Cash Equivalents - End	346	14,589
Supplemental disclosures:
Cash paid for interest	0	0
Cash paid for income taxes	0	0
Non-cash financing activities:
Loans contributed to capital	0	0
Common stock subscription	0	0
Stock issued for Debt	$0	$15,000

NOTE_1_ORGANIZATION_AND_BASIS_

NOTE 1 - ORGANIZATION AND BASIS OF PRESENTATION	6 Months Ended
	Oct. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NOTE 1 - ORGANIZATION AND BASIS OF PRESENTATION	NOTE 1 - ORGANIZATION AND BASIS OF PRESENTATION
	Bison Petroleum, Corp. (f/k/a GreenChoice International, Inc.) (the “Company”) was incorporated on February 9, 2010, under the laws of the State of Nevada. The business purpose of the Company was to market prefabricated log cabin type homes in countries outside North America. The planned operations have ceased. The Company has selected April 30 as its fiscal year end.

NOTE_2_SUMMARY_OF_SIGNIFICANT_

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America may require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. There are no such estimates included in these financial statements.
	Cash and Cash Equivalents
	Cash and cash equivalents consists principally of currency on hand, demand deposits at commercial banks, and liquid investment funds having a maturity of three months or less at the time of purchase. The Company had cash and cash equivalents of $346 as of October 31, 2014 and $1,768 as of April 30, 2014.
	Start-up Costs
	In accordance with ASC 720-15-25, “Start-up Activities,” the Company expenses all costs incurred in connection with the start-up and organization of the Company.
	Common Stock Issued For Other Than Cash
	Services purchased and other transactions settled in the Company's common stock are recorded at the estimated fair value of the stock issued if that value is more readily determinable than the fair value of the consideration received.
	Net Income or (Loss) Per Share of Common Stock
	The Company follows financial accounting standards which provide for “basic” and “diluted” earnings per share. Basic earnings per share is computed by dividing income or loss available to common shareholders by the weighted average shares outstanding for the period. Diluted earnings per share reflects the potential dilution due to other securities outstanding which could affect the number of shares upon exercise. The Company has no potentially dilutive securities such as options, warrants, or convertible bonds currently issued and outstanding. Consequently basic and diluted shares are the same, as presented in the Statements of Operations. The income (loss) per share calculation and weighted average shares calculation take into account the forward stock split discussed in Note 4.
	Recently Enacted Accounting Standards
	In June 2009 the FASB established the Accounting Standards Codification (“Codification” or “ASC”) as the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in accordance with generally accepted accounting principles in the United States (“GAAP”). Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) issued under authority of federal securities laws are also sources of GAAP for SEC registrants.
	Modifications to the ASC are accomplished by the issuance of Accounting Standards Updates (“ASU’s”). The Company has evaluated ASU’s through No. 2015-09. None of the updates for the period have applicability to the Company or their effect on the financial statements would not have been significant.
	Office Space and Labor
	The Company’s sole Officer and Director will provide the labor required to execute the business plan and supply the necessary office space and facilities during the initial period of operations. The Company will recognize the fair value of services and office space so provided as contributed capital in accordance with ASC 225-10-S99-4. From inception (February 9, 2010) through October 31, 2014, the fair value of services and office space provided without cost are estimated to be nil.

NOTE_3_PROVISION_FOR_INCOME_TA

NOTE 3 - PROVISION FOR INCOME TAXES	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements
NOTE 3 - PROVISION FOR INCOME TAXES	NOTE 3 - PROVISION FOR INCOME TAXES
	The Company recognizes the tax effects of transactions in the year in which such transactions enter into the determination of net income regardless of when reported for tax purposes. Deferred taxes are provided in the financial statements under ASC 740-10-65-1 to give effect to the temporary differences which may arise from differences in the bases of fixed assets, depreciation methods and allowances based on the income taxes expected to be payable in future years. Minimal development stage deferred tax assets arising as a result of net operating loss carry-forwards have been offset completely by a valuation allowance due to the uncertainty of their utilization in future periods. Operating loss carry-forwards generated during the period from February 9, 2010 (date of inception) through October 31, 2014 of approximately $1,756,600 will begin to expire in 2031. Using an estimated rate of 35%, deferred tax assets of approximately $614,810 were offset by the valuation allowance.
	The Company has no tax positions at October 31, 2014 for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility.
	The Company recognizes interest accrued relative to unrecognized tax benefits in interest expense and penalties in operating expense.
	During the period from February 9, 2010 (inception) to October 31, 2014, the Company recognized no income tax related interest and penalties. The Company had no accruals for income tax related interest and penalties at October 31, 2014. All tax years starting from 2010 are open for examination.

NOTE_4_STOCKHOLDERS_DEFICIT

NOTE 4 - STOCKHOLDERS' DEFICIT	6 Months Ended
	Oct. 31, 2014
Equity [Abstract]
NOTE 4 - STOCKHOLDERS' DEFICIT	NOTE 4 - STOCKHOLDERS’ DEFICIT
	On June 5, 2013, the Company changed its name to “Bison Petroleum, Corp.” and increased its number of authorized shares of common stock from One Hundred Million (100,000,000), par value $ 0.001, to Eight Hundred Million (800,000,000), par value $0.001 and, authorized a forward split of its issued and authorized common shares, whereby every One (1) old share of common stock was exchanged for Eight (8) new shares of the Company’s common stock, for shareholders of record as of June 17, 2013, and effective on the OTCBB market for the Company’s common stock on June 19, 2013. As a result, the issued and outstanding shares of common stock increased from Four Million Nine Hundred Thousand (4,900,000) shares prior to the forward split to Thirty Nine Million Two Hundred Thousand (39,200,000) shares following the forward split. The split is reflected retrospectively in these financial statements.
	As of October 31, 2014, the Company has 800,000,000 shares of common stock authorized, par value of $.001 per share, with 41,883,335 shares issued and outstanding.
	All common share amounts (except par value and par value per share amounts) have been retroactively restated to reflect the eight for one forward split, effective June 19, 2013.
	The following details the stock transactions for the Company:
	On May 6, 2013, the Company issued a total of 266,664 shares of common stock to one private investor for cash in the amount of $0.0375 per share for a total of $10,000.
	On May 29, 2013, the Company issued a total of 8,000,000 shares of common stock to Antonio Martinez-Guzman, its sole officer and director, valued at $300,000 or $0.0375 per share as payment for services rendered to the Company. $15,000 was for payment of prior services and $285,000 was for services in the year ended April 30, 2014.
	On July 23, 2013, the Company issued a total of 166,667 shares of common stock to Nelan for cash in the amount of $0.30 per share for a total of $50,000.
	On August 9, 2013, the Company entered into a Lease Purchase Agreement with Nelan Advisors Corporation, whereby Nelan sold certain oil and gas leases issued by the State of Wyoming to the Company. The Company is a successor in interest to Nelan, which is a successor in interest to Gas Ventures LLC, the record owner of these leases. The Company issued 1,000,000 shares of its common stock on the recording of the leases.
	On September 18, 2013, the Company issued a total of 166,667 shares of common stock to Nelan for cash in the amount of $0.30 per share for a total of $50,000.
	On October 10, 2013, the Company issued a total of 166,667 shares of common stock to Nelan for cash in the amount of $0.30 per share for a total of $50,000.
	On November 18, 2013, the Company issued a total of 333,334 shares of common stock to Nelan for cash in the amount of $0.30 per share for a total of $100,000.
	On December 12, 2013, the Company issued a total of 200,000 shares of common stock to Nelan for cash in the amount of $0.30 per share for a total of $60,000.
	On December 12, 2013, the Company issued a total of 150,000 shares of common stock to Nelan for mining leases valued at $0.74 per share for a total of $111,000.
	On January 22, 2014, the Company issued a total of 500,000 shares of common stock to Nelan for cash in the amount of $0.30 per share for a total of $150,000.

NOTE_5_LOANS_FROM_STOCKHOLDERS

NOTE 5 - LOANS FROM STOCKHOLDERS	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements
NOTE 5 - LOANS FROM STOCKHOLDERS	NOTE 5 - LOANS FROM STOCKHOLDERS
	The Company’s former President and former sole director along with another stockholder have advanced funds for organizational and administrative expenses.
	During the year ended April 30, 2013, the Company’s former president and former sole director along with another stockholder agreed to forgive debt outstanding totaling $37,468, which has been recorded as contributed capital.
	The Company’s President and sole director has advanced funds for organizational and administrative expenses. The total of these advances as of October 31, 2014, is $121,260. The loans are unsecured and payable on demand. Consequently, the loans are reported as current liabilities. $100,000 of the loan and accrued interest at 5% is payable at $0.30 per share at the option of the Company. The $100,000 is due April 11, 2015.

NOTE_6_GOING_CONCERN

NOTE 6 - GOING CONCERN	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements
NOTE 6 - GOING CONCERN	NOTE 6 - GOING CONCERN
	The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America, which contemplates continuation of the Company as a going concern. The Company has incurred an operating deficit since its inception, and has generated no operating revenue. These items raise substantial doubt about the Company’s ability to continue as a going concern. In view of these matters, realization of the assets of the Company is dependent upon the Company’s ability to meet its financial requirements through equity financing and the success of future operations. These financial statements do not include adjustments relating to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue in existence.

NOTE_7_RELATED_PARTY_TRANSACTI

NOTE 7 - RELATED PARTY TRANSACTIONS	6 Months Ended
	Oct. 31, 2014
Related Party Transactions [Abstract]
NOTE 7 - RELATED PARTY TRANSACTIONS	NOTE 7 - RELATED PARTY TRANSACTIONS
	During the period ended October 31, 2014, the Company’s President rendered invoices of $45,000 to the Company for Consulting Services and expenses paid on behalf of the Company. The President received nothing and during the period to October 31, 2014, leaving an unpaid balance of $52,500, shown on the balance sheet as accounts payable – officer.

NOTE_8_COMMITMENTS

NOTE 8 - COMMITMENTS	6 Months Ended
	Oct. 31, 2014
Note 8 - Commitments
NOTE 8 - COMMITMENTS	NOTE 8 - COMMITMENTS
	The Company terminated its lease agreement. $3,328 was paid or accrued for rent and service retainer during the six months to October 31, 2014.

NOTE_9_SUBSEQUENT_EVENTS

NOTE 9 - SUBSEQUENT EVENTS	6 Months Ended
	Oct. 31, 2014
Subsequent Events [Abstract]
NOTE 9 - SUBSEQUENT EVENTS	NOTE 9 - SUBSEQUENT EVENTS
	See the Preliminary Note at the beginning of this report for a discussion of subsequent events which are incorporated herein by reference. In addition, on April 23, 2015, the former president forgave debt in the amount of $208,085. The amounts consisted of a loan, accrued interest, accrued management fees and expenses paid on behalf of the Company.

NOTE_2_SUMMARY_OF_SIGNIFICANT_1

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America may require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. There are no such estimates included in these financial statements.
Cash and Cash Equivalents	Cash and Cash Equivalents
	Cash and cash equivalents consists principally of currency on hand, demand deposits at commercial banks, and liquid investment funds having a maturity of three months or less at the time of purchase. The Company had cash and cash equivalents of $346 as of October 31, 2014 and $1,768 as of April 30, 2014.
Start-up Costs	Start-up Costs
	In accordance with ASC 720-15-25, “Start-up Activities,” the Company expenses all costs incurred in connection with the start-up and organization of the Company.
Common Stock Issued For Other Than Cash	Common Stock Issued For Other Than Cash
	Services purchased and other transactions settled in the Company's common stock are recorded at the estimated fair value of the stock issued if that value is more readily determinable than the fair value of the consideration received.
Net Income or (Loss) Per Share of Common Stock	Net Income or (Loss) Per Share of Common Stock
	The Company follows financial accounting standards which provide for “basic” and “diluted” earnings per share. Basic earnings per share is computed by dividing income or loss available to common shareholders by the weighted average shares outstanding for the period. Diluted earnings per share reflects the potential dilution due to other securities outstanding which could affect the number of shares upon exercise. The Company has no potentially dilutive securities such as options, warrants, or convertible bonds currently issued and outstanding. Consequently basic and diluted shares are the same, as presented in the Statements of Operations. The income (loss) per share calculation and weighted average shares calculation take into account the forward stock split discussed in Note 4.
Recently Enacted Accounting Standards	Recently Enacted Accounting Standards
	In June 2009 the FASB established the Accounting Standards Codification (“Codification” or “ASC”) as the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in accordance with generally accepted accounting principles in the United States (“GAAP”). Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) issued under authority of federal securities laws are also sources of GAAP for SEC registrants.
	Modifications to the ASC are accomplished by the issuance of Accounting Standards Updates (“ASU’s”). The Company has evaluated ASU’s through No. 2015-09. None of the updates for the period have applicability to the Company or their effect on the financial statements would not have been significant.
Office Space and Labor	Office Space and Labor
	The Company’s sole Officer and Director will provide the labor required to execute the business plan and supply the necessary office space and facilities during the initial period of operations. The Company will recognize the fair value of services and office space so provided as contributed capital in accordance with ASC 225-10-S99-4. From inception (February 9, 2010) through October 31, 2014, the fair value of services and office space provided without cost are estimated to be nil.

NOTE_2_SUMMARY_OF_SIGNIFICANT_2

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)	57 Months Ended
	Oct. 31, 2014	Apr. 30, 2014	Oct. 31, 2013	Apr. 30, 2013
Notes to Financial Statements
Cash and cash equivalents	$346	$1,768	$14,589	$57
Fair value of services by affiliate	0
Fair value of office space provided	$0

NOTE_3_PROVISION_FOR_INCOME_TA1

NOTE 3 - PROVISION FOR INCOME TAXES (Details Narrative) (USD $)	6 Months Ended		57 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014
Notes to Financial Statements
Net operating loss	$55,555	$989,827	$1,756,600
Estimated rate			35%
Assets tax			614,810
Income tax related interest and penalties			0
Accruals for income tax related interest and penalties	$0		$0
Year that operating loss carry-forwards begin to expire			2,031

NOTE_4_STOCKHOLDERS_DEFICIT_De

NOTE 4 - STOCKHOLDERS' DEFICIT (Details Narrative) (USD $)	0 Months Ended	6 Months Ended		12 Months Ended		57 Months Ended
	Jun. 17, 2013	Oct. 31, 2014	Oct. 31, 2013	Apr. 30, 2014	Apr. 30, 2013	Oct. 31, 2014	Jan. 22, 2014	Nov. 18, 2013	Oct. 10, 2013	Sep. 18, 2013	Aug. 09, 2013	Jul. 23, 2013	Jun. 05, 2013	Jun. 04, 2013	29-May-13	6-May-13	Dec. 12, 2013
Common stock shares authorized		800,000,000		800,000,000		800,000,000							800,000,000	100,000,000
Common stock par value		$0.00		$0.00		$0.00							$0.00	$0.00
Common stock shares issued and outstanding		41,883,335		41,883,335		41,883,335							39,200,000	4,900,000
Forward stock split ratio	8
Cash paid for common stock, duration		$0	$160,000
Cash paid for common stock, instant							150,000	100,000	50,000	50,000		50,000				10,000
Common shares issued for cash, instant							500,000	333,334	166,667	166,667		166,667				266,664
Price per share of common stock issued, instant							$0.30	$0.30	$0.30	$0.30		$0.30				$0.04
Common shares issued to affiliate for services															8,000,000
Value of common shares issued to affiliate for services															300,000
Price per share of common shares issued to affiliate for services															$0.04
Payment in shares for services rendered by affiliate, duration, value				275,000	15,000
Value of services by affiliate paid in shares						0
Shares of common stock issued in a Lease Purchase Agreement											1,000,000
Common Stock A
Cash paid for common stock, instant																	60,000
Common shares issued for cash, instant																	200,000
Price per share of common stock issued, instant																	$0.30
Common Stock B
Cash paid for common stock, instant																	$111,000
Common shares issued for cash, instant																	150,000
Price per share of common stock issued, instant																	$0.74

NOTE_5_LOANS_FROM_STOCKHOLDERS1

NOTE 5 - LOANS FROM STOCKHOLDERS (Details Narrative) (USD $)	0 Months Ended	6 Months Ended		12 Months Ended
	Apr. 11, 2015	Oct. 31, 2014	Oct. 31, 2013	Apr. 30, 2013	Apr. 30, 2014
Notes to Financial Statements
Forgiveness of debt recorded as contributed capital		$0	$0	$37,468
Advances from related parties		$121,260			$117,865
Advances from related parties, per annum interest rate		5.00%
Conversion rate of advances possible by company, per share		$0.30
Due date of $100,000 related party advance	11-Apr-15

NOTE_7_RELATED_PARTY_TRANSACTI1

NOTE 7 - RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)	6 Months Ended
	Oct. 31, 2014	Apr. 30, 2014
Notes to Financial Statements
Consulting service fees invoiced- officer	$45,000
Accounts payable - officer	$52,500	$7,500

NOTE_8_COMMITMENTS_Details_Nar

NOTE 8 - COMMITMENTS (Details Narrative) (USD $)	6 Months Ended
	Oct. 31, 2014
Leases [Abstract]
Paid for rent	$3,328

NOTE_9_SUBSEQUENT_EVENTS_Detai

NOTE 9 - SUBSEQUENT EVENTS (Details Narritive) (USD $)	Apr. 23, 2015
Subsequent Events [Abstract]
Debt forgiven by affiliate	$208,085