Document_and_Entity_Informatio
Document and Entity Information (USD $) | 3 Months Ended |
Nov. 30, 2013 | |
Document and Entity Information: | ' |
Entity Registrant Name | 'RJD Green, Inc. |
Document Type | '10-Q |
Document Period End Date | 30-Nov-13 |
Amendment Flag | 'false |
Entity Central Index Key | '0001498210 |
Current Fiscal Year End Date | '--08-31 |
Entity Common Stock, Shares Outstanding | 425,500,000 |
Entity Public Float | $0 |
Entity Filer Category | 'Smaller Reporting Company |
Entity Current Reporting Status | 'Yes |
Entity Voluntary Filers | 'Yes |
Entity Well-known Seasoned Issuer | 'No |
Document Fiscal Year Focus | '2014 |
Document Fiscal Period Focus | 'Q1 |
RJD_Green_Inc_A_Development_St
RJD Green Inc. - (A Development Stage Company) Condensed Balance Sheets (Unaudited) (USD $) | Nov. 30, 2013 | Aug. 31, 2013 |
Current assets | ' | ' |
Cash | $50 | $50 |
Total assets | 50 | 50 |
Stockholders' Equity | ' | ' |
Common stock, 750,000,000 shares authorized (par value $.001) as of November 30, 2013; 425,500,000 shares issued and outstanding as of November 30, 2013 and August 31, 2013 | 4,255 | 4,255 |
Additional paid-in capital | 77,347 | 59,844 |
Discount on Common Stock | -275 | -275 |
Accumulated deficit | -81,277 | -63,774 |
Total stockholders' Equity | $50 | $50 |
RJD_Green_Inc_A_Development_St1
RJD Green Inc. - (A Development Stage Company) - Condensed Statement of Operations (Unaudited) (USD $) | 3 Months Ended | 51 Months Ended | |
Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | |
Revenue | $0 | $0 | $1,115 |
Total Operating Expenses: | 17,503 | 3,701 | 82,392 |
Loss before income taxes | -17,503 | -3,701 | -81,277 |
Provision for income taxes | 0 | 0 | 0 |
Net loss | ($17,503) | ($3,701) | ($81,277) |
Net loss per share (basic and diluted) | $0 | $0 | ' |
Weighted average common shares (basic and diluted) | 425,500,000 | 75,500,000 | ' |
RJD_Green_Inc_A_Development_St2
RJD Green Inc. - (A Development Stage Company) - Condensed Statement of Cash Flows (Unaudited) (USD $) | 3 Months Ended | 51 Months Ended | |
Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | |
Cash flows from operating activities | ' | ' | ' |
Net loss | ($17,503) | ($3,701) | ($81,277) |
Shareholders' contribution for organizational expenses | 17,503 | 0 | 34,347 |
Net cash used in operating activities | 0 | -3,701 | -46,930 |
Cash flows from financing activities | ' | ' | ' |
Issuance of Common Stock | 0 | 0 | 21,000 |
Borrowing from a related party | 0 | 5,000 | 25,980 |
Net cash provided by financing activities | 0 | 5,000 | 46,980 |
Net increase (decrease) in cash | 0 | 1,299 | 50 |
Cash at the Beginning of the Period | 50 | 2,754 | 0 |
Cash at the End of the Period | $50 | $4,053 | $50 |
Note_1_Organization_and_Descri
Note 1 - Organization and Description of Business | 3 Months Ended |
Nov. 30, 2013 | |
Notes | ' |
Note 1 - Organization and Description of Business | ' |
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS | |
RJD Green Inc. (the "Company") was incorporated under the laws of the State of Nevada On September 10, 2009 and has been inactive since inception. The Company intends to develop an Internet based e-commerce venture. | |
On May 21, 2013, the Company entered into a definitive agreement with the shareholders of Silex Holdings, Inc. Pursuant to the agreement, the Company will purchase all of the outstanding securities of Silex Holdings, Inc. in exchange for 375,390,000 common shares of the Company. The Company anticipates that the acquisition will be completed in the fiscal year ended August 31, 2014. Silex Holdings, Inc. shall be a wholly owned subsidiary of the registrant. Completion date of the acquisition was at the request of Silex Holdings Inc. as they desired to complete their fiscal year December 31, 2013, and for the Company to complete its pending Form S-1 amended filing. |
Note_2_Summary_of_Significant_
Note 2 - Summary of Significant Accounting Policies | 3 Months Ended |
Nov. 30, 2013 | |
Notes | ' |
Note 2 - Summary of Significant Accounting Policies | ' |
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
BASIS OF PRESENTATION - DEVELOPMENT STAGE COMPANY AND GOING CONCERN | |
The Company has earned minimal revenue from operations since inception. Accordingly, the Company’s activities have been accounted for as those of a "Development Stage Enterprise" as set forth in ASC 915, "Development Stage Entities." Among the disclosures required by ASC 915, are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders' equity and cash flows disclose activity since the date of the Company's inception. | |
The Company sustained operating losses and accumulated deficit of $81,277 as of November 30, 2013. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtain additional financing, as may be required. | |
The accompanying unaudited condensed financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company’s ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. | |
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 certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates. | |
REVENUE RECOGNITION | |
The Company’s revenue recognition policy complies with the requirements of ASC 605. Revenue is recognized when i) persuasive evidence of an arrangement exists, ii) delivery has occurred, iii) the sales price is fixed or determinable, iv) collection is probable and v) obligations have been substantially performed pursuant to the terms of the arrangement. | |
CASH AND CASH EQUIVALENTS | |
Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. The Company did not have cash equivalents as of November 30, 2013 and August 31, 2013, respectively. | |
FAIR VALUE OF FINANCIAL INSTRUMENTS | |
The Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) 820-10, (formerly SFAS No.157), “Fair Value Measurements and Disclosures" for financial assets and liabilities. FASB ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. | |
Level 1: Quoted prices in active markets for identical assets or liabilities. | |
Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities. | |
Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. | |
RECENT ACCOUNTING PRONOUNCEMENTS – Adopted | |
In April 2013, the FASB issued ASU No. 2013-07, Presentation of Financial Statements (Top 205): Liquidation Basis of Accounting. The objective of ASU No. 2013-07 is to clarify when an entity should apply the liquidation basis of accounting and to provide principles for the measurement of assets and liabilities under the liquidation basis of accounting, as well as any required disclosures. The amendments in this standard is effective prospectively for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods therein. We are evaluating the effect, if any, adoption of ASU No. 2013-07 will have on our financial statements. | |
INCOME TAXES | |
Under ASC 740, "Income Taxes", deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. | |
LOSS PER COMMON SHARE | |
Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of November 30, 2013 and August 31, 2013, there are no outstanding dilutive securities. |
Note_3_Common_Stock
Note 3 Common Stock | 3 Months Ended |
Nov. 30, 2013 | |
Notes | ' |
Note 3 Common Stock | ' |
NOTE 3 - COMMON STOCK | |
The Company is currently issuing only one class of common stock, and this has been issued at two different prices since inception. The Company is authorized to issue 750,000,000 shares of common stock at $0.001. | |
As of November 30, 2013, the Company had 425,500,000 common shares issued and outstanding. There were no common shares issued during the three months ended November 30, 2013. | |
In October 2009, the Company issued 20,000,000 common shares at $0.0001 per share for $2,000 in cash, resulting in additional paid-in capital of $1,800. | |
In April, 2010, the Company issued 27,500,000 common shares to the owner at a discount of $275 as founder’s shares. | |
In May 2010, the Company issued 10,000,000 common shares at $0.0001 per share for $1,000 in cash, resulting in additional paid-in capital of $900. | |
In August, 2010, the Company issued 13,000,000 common shares at $0.001 per share for $13,000 in cash, resulting in additional paid-in capital of $12,870. | |
In September 2010, the Company issued 5,000,000 common shares at $0.001 per share for $5,000 in cash, resulting in additional paid-in capital of $4,950. | |
On November 30, 2012, the Company effectuated a fifty to one forward stock split. | |
On March 18, 2013, the Company issued 350,000,000 common shares to Zahoor Ahmad, for the conversion of debt payable to a related party of $25,980. The issuance resulted in a change of control of the Company | |
As of March 21, 2013, the Company increased the authorized common shares from 500,000,000 to 750,000,000 common shares. | |
All shares presented in these condensed interim financial statements and accompanying footnotes has been retroactively adjusted to reflect the increased number of shares resulting from the two forward stock splits effective on November 30, 2012 and March 21, 2013. |
Note_4_Income_Taxes
Note 4 Income Taxes | 3 Months Ended | ||
Nov. 30, 2013 | |||
Notes | ' | ||
Note 4 Income Taxes | ' | ||
NOTE 4 - INCOME TAXES | |||
The items accounting for the difference between income taxes computed at the federal statutory rate and the benefit for income taxes were as follow: | |||
30-Nov-13 | 31-Aug-13 | ||
Benefit computed at federal statutory rate | 34.00% | 34.00% | |
State tax, net of federal tax benefit | 0.00% | 0.00% | |
Valuation allowance | -34.00% | -34.00% | |
Effective income tax rate | 0.00% | 0.00% | |
Deferred tax assets resulting from the net operating losses are reduced by a valuation allowance, when, in the opinion of management, utilization is not reasonably assured. The following summarizes the deferred tax assets as of November 30, 2013 and August 31, 2013: | |||
30-Nov-13 | 31-Aug-13 | ||
Deferred tax asset - NOL | $51,230 | $ 33,727 | |
Less: valuation allowance | -51,230 | (33,727) | |
Net deferred tax asset | $ - | $ - | |
Due to a potential change in ownership under IRC 382, the amount of net operating loss that the Company may utilize in a future year may be limited under IRC Section 382. | |||
The Company periodically evaluates the likelihood of the realization of deferred tax assets, and adjusts the carrying amount of the deferred tax assets by a valuation allowance to the extent the future realization of the deferred tax assets is not judged to be more likely than not. | |||
The Company considers many factors when assessing the likelihood of future realization of our deferred tax assets, including recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income or loss, the carry-forward periods available to us for tax reporting purposes, and other relevant factors. | |||
At November 30, 2013, based on the weight of available evidence, including cumulative losses in recent years and expectations of future taxable income, the Company determined that it was more likely than not that its deferred tax assets would not be realized. Accordingly, the Company has recorded a valuation allowance equivalent to 100% of its cumulative deferred tax assets. | |||
As a result of the implementation of certain provisions of ASC 740 the Company performed an analysis of its previous tax filings and determined that there were no positions taken that it considered materially uncertain. Therefore, there was no provision for uncertain tax positions for the three months ended November 30, 2013 and for the year ended August 31, 2013. Future changes in uncertain tax positions are not expected to have an impact on the effective tax rate due to the existence of the valuation allowance. |
Note_1_Organization_and_Descri1
Note 1 - Organization and Description of Business: Business Description (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Policies | ' |
Business Description | ' |
RJD Green Inc. (the "Company") was incorporated under the laws of the State of Nevada On September 10, 2009 and has been inactive since inception. The Company intends to develop an Internet based e-commerce venture. | |
On May 21, 2013, the Company entered into a definitive agreement with the shareholders of Silex Holdings, Inc. Pursuant to the agreement, the Company will purchase all of the outstanding securities of Silex Holdings, Inc. in exchange for 375,390,000 common shares of the Company. The Company anticipates that the acquisition will be completed in the fiscal year ended August 31, 2014. Silex Holdings, Inc. shall be a wholly owned subsidiary of the registrant. Completion date of the acquisition was at the request of Silex Holdings Inc. as they desired to complete their fiscal year December 31, 2013, and for the Company to complete its pending Form S-1 amended filing. |
Note_2_Summary_of_Significant_1
Note 2 - Summary of Significant Accounting Policies: Basis of Presentation and Going Concern (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Policies | ' |
Basis of Presentation and Going Concern | ' |
BASIS OF PRESENTATION - DEVELOPMENT STAGE COMPANY AND GOING CONCERN | |
The Company has earned minimal revenue from operations since inception. Accordingly, the Company’s activities have been accounted for as those of a "Development Stage Enterprise" as set forth in ASC 915, "Development Stage Entities." Among the disclosures required by ASC 915, are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders' equity and cash flows disclose activity since the date of the Company's inception. | |
The Company sustained operating losses and accumulated deficit of $81,277 as of November 30, 2013. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtain additional financing, as may be required. | |
The accompanying unaudited condensed financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company’s ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. |
Note_2_Summary_of_Significant_2
Note 2 - Summary of Significant Accounting Policies: Use of Estimates (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Policies | ' |
Use of Estimates | ' |
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 certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates. |
Note_2_Summary_of_Significant_3
Note 2 - Summary of Significant Accounting Policies: Revenue Recognition (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Policies | ' |
Revenue Recognition | ' |
REVENUE RECOGNITION | |
The Company’s revenue recognition policy complies with the requirements of ASC 605. Revenue is recognized when i) persuasive evidence of an arrangement exists, ii) delivery has occurred, iii) the sales price is fixed or determinable, iv) collection is probable and v) obligations have been substantially performed pursuant to the terms of the arrangement. |
Note_2_Summary_of_Significant_4
Note 2 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Policies | ' |
Cash and Cash Equivalents | ' |
CASH AND CASH EQUIVALENTS | |
Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. The Company did not have cash equivalents as of November 30, 2013 and August 31, 2013, respectively. |
Note_2_Summary_of_Significant_5
Note 2 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Policies | ' |
Fair Value of Financial Instruments | ' |
FAIR VALUE OF FINANCIAL INSTRUMENTS | |
The Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) 820-10, (formerly SFAS No.157), “Fair Value Measurements and Disclosures" for financial assets and liabilities. FASB ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. | |
Level 1: Quoted prices in active markets for identical assets or liabilities. | |
Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities. | |
Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. |
Note_2_Summary_of_Significant_6
Note 2 - Summary of Significant Accounting Policies: Recent Accounting Pronouncements - Adopted (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Policies | ' |
Recent Accounting Pronouncements - Adopted | ' |
RECENT ACCOUNTING PRONOUNCEMENTS – Adopted | |
In April 2013, the FASB issued ASU No. 2013-07, Presentation of Financial Statements (Top 205): Liquidation Basis of Accounting. The objective of ASU No. 2013-07 is to clarify when an entity should apply the liquidation basis of accounting and to provide principles for the measurement of assets and liabilities under the liquidation basis of accounting, as well as any required disclosures. The amendments in this standard is effective prospectively for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods therein. We are evaluating the effect, if any, adoption of ASU No. 2013-07 will have on our financial statements. |
Note_2_Summary_of_Significant_7
Note 2 - Summary of Significant Accounting Policies: Income Taxes (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Policies | ' |
Income Taxes | ' |
INCOME TAXES | |
Under ASC 740, "Income Taxes", deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. |
Note_2_Summary_of_Significant_8
Note 2 - Summary of Significant Accounting Policies: Loss Per Common Share (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Policies | ' |
Loss Per Common Share | ' |
LOSS PER COMMON SHARE | |
Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of November 30, 2013 and August 31, 2013, there are no outstanding dilutive securities. |
Note_3_Common_Stock_Common_Sto
Note 3 Common Stock: Common Stock Policy (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Policies | ' |
Common Stock Policy | ' |
The Company is currently issuing only one class of common stock, and this has been issued at two different prices since inception. The Company is authorized to issue 750,000,000 shares of common stock at $0.001. | |
As of November 30, 2013, the Company had 425,500,000 common shares issued and outstanding. There were no common shares issued during the three months ended November 30, 2013. | |
In October 2009, the Company issued 20,000,000 common shares at $0.0001 per share for $2,000 in cash, resulting in additional paid-in capital of $1,800. | |
In April, 2010, the Company issued 27,500,000 common shares to the owner at a discount of $275 as founder’s shares. | |
In May 2010, the Company issued 10,000,000 common shares at $0.0001 per share for $1,000 in cash, resulting in additional paid-in capital of $900. | |
In August, 2010, the Company issued 13,000,000 common shares at $0.001 per share for $13,000 in cash, resulting in additional paid-in capital of $12,870. | |
In September 2010, the Company issued 5,000,000 common shares at $0.001 per share for $5,000 in cash, resulting in additional paid-in capital of $4,950. | |
On November 30, 2012, the Company effectuated a fifty to one forward stock split. | |
On March 18, 2013, the Company issued 350,000,000 common shares to Zahoor Ahmad, for the conversion of debt payable to a related party of $25,980. The issuance resulted in a change of control of the Company | |
As of March 21, 2013, the Company increased the authorized common shares from 500,000,000 to 750,000,000 common shares. | |
All shares presented in these condensed interim financial statements and accompanying footnotes has been retroactively adjusted to reflect the increased number of shares resulting from the two forward stock splits effective on November 30, 2012 and March 21, 2013. |
Note_4_Income_Taxes_Income_Tax
Note 4 Income Taxes: Income Tax Policy (Policies) | 3 Months Ended | ||
Nov. 30, 2013 | |||
Policies | ' | ||
Income Tax Policy | ' | ||
The items accounting for the difference between income taxes computed at the federal statutory rate and the benefit for income taxes were as follow: | |||
30-Nov-13 | 31-Aug-13 | ||
Benefit computed at federal statutory rate | 34.00% | 34.00% | |
State tax, net of federal tax benefit | 0.00% | 0.00% | |
Valuation allowance | -34.00% | -34.00% | |
Effective income tax rate | 0.00% | 0.00% | |
Deferred tax assets resulting from the net operating losses are reduced by a valuation allowance, when, in the opinion of management, utilization is not reasonably assured. The following summarizes the deferred tax assets as of November 30, 2013 and August 31, 2013: | |||
30-Nov-13 | 31-Aug-13 | ||
Deferred tax asset - NOL | $51,230 | $ 33,727 | |
Less: valuation allowance | -51,230 | (33,727) | |
Net deferred tax asset | $ - | $ - | |
Due to a potential change in ownership under IRC 382, the amount of net operating loss that the Company may utilize in a future year may be limited under IRC Section 382. | |||
The Company periodically evaluates the likelihood of the realization of deferred tax assets, and adjusts the carrying amount of the deferred tax assets by a valuation allowance to the extent the future realization of the deferred tax assets is not judged to be more likely than not. | |||
The Company considers many factors when assessing the likelihood of future realization of our deferred tax assets, including recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income or loss, the carry-forward periods available to us for tax reporting purposes, and other relevant factors. | |||
At November 30, 2013, based on the weight of available evidence, including cumulative losses in recent years and expectations of future taxable income, the Company determined that it was more likely than not that its deferred tax assets would not be realized. Accordingly, the Company has recorded a valuation allowance equivalent to 100% of its cumulative deferred tax assets. | |||
As a result of the implementation of certain provisions of ASC 740 the Company performed an analysis of its previous tax filings and determined that there were no positions taken that it considered materially uncertain. Therefore, there was no provision for uncertain tax positions for the three months ended November 30, 2013 and for the year ended August 31, 2013. Future changes in uncertain tax positions are not expected to have an impact on the effective tax rate due to the existence of the valuation allowance. |
Note_3_Common_Stock_Common_Sto1
Note 3 Common Stock: Common Stock Policy (Details) (USD $) | Nov. 30, 2013 | Aug. 31, 2013 | Mar. 18, 2013 | Sep. 30, 2010 | Aug. 01, 2010 | 1-May-10 | Apr. 01, 2010 | Oct. 01, 2009 |
Shares, Issued | ' | ' | 350,000,000 | 5,000,000 | 13,000,000 | 10,000,000 | 27,500,000 | 20,000,000 |
Sale of Stock, Price Per Share | ' | ' | ' | $0.00 | $0.00 | $0.00 | ' | $0.00 |
Common Stock, Value, Issued | ' | ' | ' | $5,000 | $13,000 | $1,000 | $275 | $2,000 |
Additional paid-in capital | 77,347 | 59,844 | ' | 4,950 | 12,870 | 900 | ' | 1,800 |
Debt Instrument, Convertible, Conversion Price | ' | ' | $25,980 | ' | ' | ' | ' | ' |
Note_4_Income_Taxes_Income_Tax1
Note 4 Income Taxes: Income Tax Policy (Details) (USD $) | Nov. 30, 2013 | Aug. 31, 2013 |
Benefit computed at federal statutory rate | 34.00% | 34.00% |
State tax, net of federal tax benefit | 0.00% | 0.00% |
Valuation allowance | -34.00% | -34.00% |
Effective income tax rate | 0.00% | 0.00% |
Deferred tax asset - NOL | $51,230 | $33,727 |
Less: valuation allowance | ($51,230) | ($33,727) |