Makism 3D (MDDD) 10-Q 14 Nov 13 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Sep. 30, 2013	Nov. 14, 2013
Document And Entity Information	'	'
Entity Registrant Name	'Makism 3D Corp.	'
Entity Central Index Key	'0001495850	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--06-30	'
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	'	60,000,000
Document Fiscal Period Focus	'Q1	'
Document Fiscal Year Focus	'2014	'

Balance_Sheets_Unaudited

Balance Sheets (Unaudited) (USD $)	Nov. 14, 2013	Jun. 30, 2013
Current Assets:	'	'
Prepaid expense	$320	'
Total current assets	320	'
Total assets	320	0
Current Liabilities:	'	'
Accounts payable	17,450	10,713
Loans payable - director	28,009	21,343
Total current liabilities	45,459	32,056
Total liabilities	45,459	32,056
STOCKHOLDER'S DEFICIT:	'	'
Preferred stock, 50,000,000 shares authorized, par value $0.0001, no shares issued and outstanding	'	'
Common stock, 100,000,000 shares authorized, par value $0.0001, 70,000,000 shares issued and outstanding	7,000	7,000
Additional paid in capital	44,250	44,250
Deficit accumulated during the development stage	-96,389	-83,306
Total stockholders' deficit	-45,139	-32,056
Total liabilities and stockholders' deficit	$320	$0

Balance_Sheets_Unaudited_Paren

Balance Sheets (Unaudited) (Parenthetical) (USD $)	Nov. 14, 2013	Jun. 30, 2013
Balance Sheets Parenthetical	'	'
Preferred Stock shares authorized	50,000,000	50,000,000
Preferred Stock par value	$0.00	$0.00
Preferred Stock shares issued	0	0
Preferred Stock shares outstanding	0	0
Common Stock shares authorized	100,000,000	100,000,000
Common Stock par value	$0.00	$0.00
Common Stock shares issued	70,000,000	70,000,000
Common Stock shares outstanding	70,000,000	70,000,000

Statements_of_Operations_Unaud

Statements of Operations (Unaudited) (USD $)	3 Months Ended				41 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013
Statements Of Operations	'		'		'
Revenue	'		'		'
Expenses:	'		'		'
Organization costs	'		'		662
General and administrative	13,083		4,302		95,727
Total expenses	13,083		4,302		96,389
Loss before income taxes	-13,083		-4,302		-96,389
Provision for Income Taxes	'		'		'
Net Loss	($13,083)		($4,302)		($96,389)
Basic and Diluted Loss per Common Share	$0	[1]	$0	[1]	'
Weighted Average number of Common Shares Outstanding	70,000,000		70,000,000		'
[1]	Less than ($0.01) per share

Statements_of_Shareholders_Equ

Statements of Shareholders Equity (USD $)	Common Stock	Additional Paid-In Capital	Subscribed Stock Not Issued	Deficit Accumulated During the Development Stage	Total
Beginning Balance, Amount at May. 03, 2010	'	'	'	'	'
Beginning Balance, Shares at May. 03, 2010	'	'	'	'	'
Common stock issued to directors for cash ($0.002 per share), Amount	5,000	15,000	'	'	20,000
Common stock issued to directors for cash ($0.002 per share), Shares	50,000,000	'	'	'	'
Net loss for the period	'	'	'	-662	-662
Ending Balance, Amount at Jun. 30, 2010	5,000	15,000	'	-662	19,338
Ending Balance, Shares at Jun. 30, 2010	50,000,000	'	'	'	'
Net loss for the period	'	'	'	-1,586	-1,586
Ending Balance, Amount at Sep. 30, 2010	5,000	15,000	'	-2,248	17,752
Ending Balance, Shares at Sep. 30, 2010	50,000,000	'	'	'	'
Net loss for the period	'	'	'	-1,090	-1,090
Ending Balance, Amount at Dec. 31, 2010	5,000	15,000	'	-3,338	16,662
Ending Balance, Shares at Dec. 31, 2010	50,000,000	'	'	'	'
Net loss for the period	'	'	'	-7,218	-7,218
Ending Balance, Amount at Mar. 31, 2011	5,000	15,000	'	-10,556	9,444
Ending Balance, Shares at Mar. 31, 2011	50,000,000	'	'	'	'
Common stock subscribed for cash ($0.01 per share), net of issuance costs	'	'	19,672	'	19,672
Net loss for the period	'	'	'	-12,537	-12,537
Ending Balance, Amount at Jun. 30, 2011	5,000	15,000	19,672	-23,093	16,579
Beginning Balance, Shares at Jun. 30, 2011	50,000,000	'	'	'	'
Issuance of subscribed stock, Amount	1,000	18,672	-19,672	'	'
Issuance of subscribed stock, Shares	10,000,000	'	'	'	'
Common stock issued for cash ($0.01 per share), net of issuance costs, Amount	1,000	10,578	'	'	11,578
Common stock issued for cash ($0.01 per share), net of issuance costs, Shares	10,000,000	'	'	'	'
Net loss for the period	'	'	'	-32,333	-32,333
Ending Balance, Amount at Jun. 30, 2012	7,000	44,250	'	-55,426	-4,176
Ending Balance, Shares at Jun. 30, 2012	70,000,000	'	'	'	'
Net loss for the period	'	'	'	-27,880	-27,880
Ending Balance, Amount at Jun. 30, 2013	7,000	44,250	'	-83,306	-32,056
Ending Balance, Shares at Jun. 30, 2013	70,000,000	'	'	'	'
Net loss for the period	'	'	'	-13,083	-13,083
Ending Balance, Amount at Sep. 30, 2013	$7,000	$44,250	'	($96,389)	'
Ending Balance, Shares at Sep. 30, 2013	70,000,000	'	'	'	'

Statements_of_Cash_Flows_Unaud

Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended		41 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
OPERATING ACTIVITIES	'	'	'
Net Loss	($13,083)	($4,302)	($96,389)
Adjustments to Reconcile Net Loss to Net Cash Used by Operating Activities	'	'	'
(Increase) decrease in prepaid expenses	-320	1,200	-320
Increase (decrease) in accounts payable	6,737	1,295	17,450
Net cash used by operating activities	-6,666	-1,807	-79,259
INVESTING ACTIVITIES	'	'	'
Net cash used by investing activities	'	'	'
FINANCING ACTIVITIES	'	'	'
Proceeds from (repayment of) loans - director	6,666	'	28,009
Proceeds from the sale of common stock	'	'	51,250
Net cash provided by financing activities	6,666	'	79,259
Net Increase (Decrease) in Cash	'	-1,807	'
Cash, Beginning of Period	'	4,707	'
Cash, End of Period	'	2,900	'
Cash paid during the period for:	'	'	'
Interest	'	'	'
Income taxes	'	'	'

GENERAL_ORGANIZATION_AND_BUSIN

GENERAL ORGANIZATION AND BUSINESS	3 Months Ended
	Sep. 30, 2013
General Organization And Business	'
GENERAL ORGANIZATION AND BUSINESS	'
	The Company was incorporated under the laws of the state of Nevada on May 4, 2010. The Company has limited operations, is considered a development stage company and has not yet realized any revenues from its planned operations.
	Subsequent to our incorporation, we have been in the process of establishing ourselves as a company that will focus its operations on developing and commercializing a performance management system that will be used by cellular network operators. We have named our system AdvancedPM.

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Sep. 30, 2013
Basis Of Presentation	'
BASIS OF PRESENTATION	'
	The accompanying unaudited condensed interim 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 (“SEC”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X.
	The financial information as of June 30, 2013 is derived from the audited financial statements presented in the Company’s Form 10-K filed with SEC on September 30, 2013.  The unaudited condensed interim financial statements should be read in conjunction with the Company’s Form 10-K, which contains the audited financial statements and notes thereto.
	Certain information or footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, 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 period ended September 30, 2013 are not necessarily indicative of results for the full fiscal year.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES	3 Months Ended
	Sep. 30, 2013
Summary Of Significant Accounting Practices	'
SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES	'
	Development Stage
	As a development stage enterprise, the Company discloses the deficit accumulated during the development stage and the cumulative statements of operations and cash flows from inception to the current balance sheet date.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 revenue and expenses during the reporting period. Actual results could differ from those estimates.
	Earnings per Share
	The basic earnings (loss) per share is calculated by dividing our net income available to common shareholders by the weighted average number of common shares during the year. The diluted earnings (loss) per share is calculated by dividing our net loss attributable 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.
	Cash and Cash Equivalents
	The Company considers all highly liquid investments with maturity of three months or less when purchased to be cash equivalents.
	Fair Value of Financial Instruments
	The carrying value of the Company’s financial instruments, consisting of accounts payable and loans from director approximate their fair value due to the short-term maturity of such instruments.  Unless otherwise noted, it is management’s opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial instruments.
	Income Taxes
	Deferred tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities using the enacted tax rates and laws that will be in effect when the differences are expected to reverse.  A valuation allowance is established when necessary to reduce deferred tax assets to the amounts expected to be realized.
	The Company accounts for income taxes under the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 740, “Accounting for Income Taxes.  It prescribes a recognition threshold and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return.  As a result, the Company has applied a more-likely-than-not recognition threshold for all tax uncertainties.  The guidance only allows the recognition of those tax benefits that have a greater than 50% likelihood of being sustained upon examination by the various taxing authorities. The Company is subject to taxation in the United States.   All of the Company’s tax years since inception remain subject to examination by Federal and state jurisdictions. The Company did not identify any uncertain tax positions.
	The Company classifies penalties and interest related to unrecognized tax benefits as income tax expense in the Statements of Operations.  As of September 30, 2013 and 2012, the Company had no accrued interest or penalties.

INCOME_TAXES

INCOME TAXES	3 Months Ended
	Sep. 30, 2013
Basis Of Presentation	'
INCOME TAXES	'
	The Company uses the liability method , where deferred tax assets and liabilities are determined based on the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial and income tax reporting purposes.   Since inception through September 30, 2013, the Company has incurred net losses and, therefore, has no tax liability.  The net deferred tax asset generated by the loss carry-forward has been fully reserved.  The cumulative net operating loss carry-forward as of September 30, 2013 is $96,389 and will expire 20 years from the date the losses were incurred.
	As of September 30, 2013, deferred tax assets consisted of the following:
	Net operating losses (estimated tax rate 34%)	$32,772
	Less: valuation allowance	(32,772)
	Net deferred tax asset	$         -

STOCKHOLDERS_DEFICIT

STOCKHOLDER'S DEFICIT	3 Months Ended
	Sep. 30, 2013
Stockholders Deficit	'
STOCKHOLDER'S DEFICIT	'
	Authorized
	The Company is authorized to issue 100,000,000 shares of $0.0001 par value common stock and 50,000,000 shares of preferred stock, par value $0.0001. All common stock shares have equal voting rights, are non-assessable and have one vote per share. Voting rights are not cumulative and, therefore, the holders of more than 50% of the common stock could, if they choose to do so, elect all of the directors of the Company.
	Issued and Outstanding
	On May 4, 2010, the Company issued 50,000,000 shares of common stock to its director for cash consideration of $20,000.
	In August 2011, the Company issued 20,000,000 shares of common stock for net proceeds $31,250, of which $19,672 was received during June 2011 and presented as subscriptions received not issued on the June 30, 2011 balance sheet.
	All amount referenced above consider a 5 new for 1 old stock split dated February 20, 2013.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Sep. 30, 2013
Related Party Transactions	'
RELATED PARTY TRANSACTIONS	'
	The sole officer and director of the Company is involved in other business activities and may, in the future, become involved in other business opportunities. If a specific business opportunity becomes available, such persons may face a conflict in selecting between the Company and their other business interests. The Company has not formulated a policy for the resolution of such conflicts.
	To September 30, 2013, the Company's sole officer and director advanced $28,009 to the Company for administrative expenses. These advances are non-interest bearing and due on demand.

GOING_CONCERN

GOING CONCERN	3 Months Ended
	Sep. 30, 2013
Going Concern	'
GOING CONCERN	'
	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company has net losses for the period from inception (May 4, 2010) to September 30, 2013 of $96,389. This condition raises substantial doubt about the Company’s ability to continue as a going concern. The Company’s continuation as a going concern is dependent on its ability to meet its obligations, to obtain additional financing as may be required and ultimately to attain profitability. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
	Management is planning to raise additional funds through debt or equity offerings. There is no guarantee that the Company will be successful in these efforts.

CONCENTRATIONS_OF_RISKS

CONCENTRATIONS OF RISKS	3 Months Ended
	Sep. 30, 2013
Concentrations Of Risks	'
CONCENTRATIONS OF RISKS	'
	The Company's operations are subject to significant risk and uncertainties including financial, operational, technological, and regulatory risks including the potential risk of business failure. See Note 7 regarding going concern matters.

PROPERTY

PROPERTY	3 Months Ended
	Sep. 30, 2013
Property	'
PROPERTY	'
	The Company does not own or rent any property. We currently maintain our corporate office at 17- 5348 Vegas Dr., Las Vegas, NV 89108 USA. This location is a virtual office that we maintain with EastBiz.com, Inc. which provides us with a mailing address for communications. This service is provided by EastBiz.com for $99.00 per year, plus we maintain a reserve that Eastbiz.com will use for payment of postage. This reserve account will be supplemented as needed. We may terminate the lease arrangement upon 30-days' written notice to INC Management. Our executive officer, Mr. Karlo Guray does not work from this location, but operates from his respective residence in Israel at no charge to us.

SUBSEQUENT_EVENT

SUBSEQUENT EVENT	3 Months Ended
	Sep. 30, 2013
Subsequent Event	'
SUBSEQUENT EVENT	'
	On October 29, 2013, we entered into a Securities Purchase Agreement (the “Purchase Agreement”) and consummated a closing of a private placement offering (the “Offering”) with an accredited investor (the “Investor”) for the issuance and sale of 1,000,000 shares of common stock of the Company (the “Offering Shares”) at a purchase price of $0.60 per share, for an aggregate consideration of $600,000, $350,000 of which was due at the closing of the Offering.
	On October 29, 2013, the Company entered into and consummated a voluntary share exchange transaction with Umicron Ltd., a private limited company organized under the laws of England and Wales (“Umicron”), and the shareholders of Umicron pursuant to a Stock Exchange Agreement (the “Exchange Agreement”) by and among the Company, Umicron, and the Selling Shareholders.
	In accordance with the terms of Exchange Agreement the Registrant issued 30,000,000 shares of its common stock to the Selling Shareholders in exchange for 100% of the issued and outstanding capital stock of Umicron. As a result of the Exchange Transaction, the Selling Shareholders acquired approximately 50.67% of our issued and outstanding common stock, Umicron became our wholly-owned subsidiary, and the Registrant acquired the business and operations of Umicron. In addition, on October 29, 2013, the Company’s former officer and director, surrendered 41,000,000 shares of our common stock for cancellation.  As such, immediately prior to the Exchange Transaction and after giving effect to the foregoing cancellations and issuances pursuant to the private placement offering described below, the Registrant had 30,000,000 shares of common stock issued and outstanding. Immediately after the Exchange Transaction, the Registrant had 60,000,000 shares of common stock issued and outstanding.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES (Policies)	3 Months Ended
	Sep. 30, 2013
Summary Of Significant Accounting Practices Policies	'
Development Stage	'
	As a development stage enterprise, the Company discloses the deficit accumulated during the development stage and the cumulative statements of operations and cash flows from inception to the current balance sheet date.
Use of Estimates	'
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 revenue and expenses during the reporting period. Actual results could differ from those estimates.
Earnings per Share	'
	The basic earnings (loss) per share is calculated by dividing our net income available to common shareholders by the weighted average number of common shares during the year. The diluted earnings (loss) per share is calculated by dividing our net loss attributable 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.
Cash and Cash Equivalents	'
	The Company considers all highly liquid investments with maturity of three months or less when purchased to be cash equivalents.
Fair Value of Financial Instruments	'
	The carrying value of the Company’s financial instruments, consisting of accounts payable and loans from director approximate their fair value due to the short-term maturity of such instruments. Unless otherwise noted, it is management’s opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial instruments.
Income Taxes	'
	Deferred tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. A valuation allowance is established when necessary to reduce deferred tax assets to the amounts expected to be realized.
	The Company accounts for income taxes under the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 740, “Accounting for Income Taxes. It prescribes a recognition threshold and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. As a result, the Company has applied a more-likely-than-not recognition threshold for all tax uncertainties. The guidance only allows the recognition of those tax benefits that have a greater than 50% likelihood of being sustained upon examination by the various taxing authorities. The Company is subject to taxation in the United States. All of the Company’s tax years since inception remain subject to examination by Federal and state jurisdictions. The Company did not identify any uncertain tax positions.
	The Company classifies penalties and interest related to unrecognized tax benefits as income tax expense in the Statements of Operations. As of September 30, 2013 and 2012, the Company had no accrued interest or penalties.

INCOME_TAXES_Tables

INCOME TAXES (Tables)	3 Months Ended
	Sep. 30, 2013
Income Taxes Tables	'
Deferred tax assets	'
	As of September 30, 2013, deferred tax assets consisted of the following:
	Net operating losses (estimated tax rate 34%)	$32,772
	Less: valuation allowance	(32,772)
	Net deferred tax asset	$         -

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	Nov. 14, 2013
Income Taxes Details	'
Net operating losses (estimated tax rate 34%)	$32,772
Less: valuation allowance	-32,772
Net deferred tax asset	'

INCOME_TAXES_Details_Narrative

INCOME TAXES (Details Narrative) (USD $)	3 Months Ended
	Sep. 30, 2013	Nov. 14, 2013
Income Taxes Details Narrative	'	'
Net operating loss carry-forward	'	$96,389
Net operating loss carry-forward, expiration date	'Expire 20 years from the date the losses	'
Estimated tax rate	34.00%	'

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)	Nov. 14, 2013
Related Party Transactions Details Narrative	'
Advances from related party	$28,009

GOING_CONCERN_Details_Narrativ

GOING CONCERN (Details Narrative) (USD $)	2 Months Ended	3 Months Ended						12 Months Ended		41 Months Ended
	Jun. 30, 2010	Sep. 30, 2013	Sep. 30, 2012	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Sep. 30, 2010	Jun. 30, 2013	Jun. 30, 2012	Sep. 30, 2013
Going Concern Details Narrative	'	'	'	'	'	'	'	'	'	'
Net Loss	$662	$13,083	$4,302	$12,537	$7,218	$1,090	$1,586	$27,880	$32,333	$96,389