Document and Entity Information
| Document and Entity Information - shares | 6 Months Ended | |
| Feb. 28, 2017 | Apr. 14, 2017 | |
| Document And Entity Information | ||
| Entity Registrant Name | FIRST LEVEL ENTERTAINMENT GROUP, INC. | |
| Entity Central Index Key | 1,503,227 | |
| Document Type | 10-Q | |
| Document Period End Date | Feb. 28, 2017 | |
| Amendment Flag | false | |
| Current Fiscal Year End Date | --08-31 | |
| Entity a Well-known Seasoned Issuer | No | |
| Entity a Voluntary Filer | No | |
| Entity's Reporting Status Current | Yes | |
| Entity Filer Category | Smaller Reporting Company | |
| Entity Common Stock, Shares Outstanding | 42,219,990 | |
| Document Fiscal Period Focus | Q2 | |
| Document Fiscal Year Focus | 2,017 |
CONDENSED CONSOLIDATED BALANCE
| CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) | Feb. 28, 2017 | Aug. 31, 2016 |
| CURRENT ASSETS: | ||
| Cash and equivalents | $ 60 | $ 89 |
| Total Current Assets | 60 | 89 |
| Total Assets | 60 | 89 |
| CURRENT LIABILITIES: | ||
| Accrued expenses | 247,500 | 240,250 |
| Advance from related parties | 6,850 | |
| Total Current Liabilities | 254,350 | 240,250 |
| Total Liabilities | 254,350 | 240,250 |
| STOCKHOLDERS' DEFICIT: | ||
| Preferred Stock, par value $.001; 10,000,000 shares authorized; no shares issued and outstanding | ||
| Common stock, par value $.001; 500,000,000 shares authorized; 42,219,990 shares issued and outstanding as of February 28, 2017 and August 31, 2016 | 42,220 | 42,220 |
| Additional paid in capital | 2,857,378 | 2,857,378 |
| Accumulated deficit | (3,153,888) | (3,139,759) |
| Total Stockholders' Deficit | (254,290) | (240,161) |
| Total Liabilities and Stockholders' Deficit | $ 60 | $ 89 |
CONDENSED CONSOLIDATED BALANCE3
| CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - $ / shares | Feb. 28, 2017 | Aug. 31, 2016 |
| Statement of Financial Position [Abstract] | ||
| Preferred Stock, par value (in dollars per share) | $ .001 | $ .001 |
| Preferred Stock, shares authorized | 10,000,000 | 10,000,000 |
| Preferred Stock, shares issued | 0 | 0 |
| Preferred Stock, shares outstanding | 0 | 0 |
| Common stock, par value (in dollars per share) | $ .001 | $ .001 |
| Common stock, shares authorized | 500,000,000 | 500,000,000 |
| Common stock, shares issued | 42,219,990 | 42,219,990 |
| Common stock, shares outstanding | 42,219,990 | 42,219,990 |
CONDENSED CONSOLIDATED STATEMEN
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | ||
| Feb. 28, 2017 | Feb. 29, 2016 | Feb. 28, 2017 | Feb. 29, 2016 | |
| Income Statement [Abstract] | ||||
| Revenues | ||||
| Operating Expenses: | ||||
| General and Administrative | 16,590 | 18,137 | 14,129 | 54,558 |
| Total Operating Expenses | 16,590 | 18,137 | 14,129 | 54,558 |
| Loss from Operations | (16,590) | (18,137) | (14,129) | (54,558) |
| Other Expenses: | ||||
| Total Other Expenses | ||||
| Net Loss Before Income Taxes | (16,590) | (18,137) | (14,129) | (54,558) |
| Provision for Income Taxes | ||||
| Net Loss | $ (16,590) | $ (18,137) | $ (14,129) | $ (54,558) |
| Basic and diluted net loss per common share (in dollars per share) | $ 0 | $ 0 | $ 0 | $ 0 |
| Basic and diluted weighted average number of common shares outstanding (in shares) | 42,219,990 | 40,000,000 | 42,219,990 | 40,000,000 |
CONDENSED CONSOLIDATED STATEME5
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) | 6 Months Ended | |
| Feb. 28, 2017 | Feb. 29, 2016 | |
| OPERATING ACTIVITIES: | ||
| Net Loss | $ (14,129) | $ (54,558) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Expenses paid on behalf of the company by a related party | 6,850 | 9,637 |
| Changes in operating assets and liabilities: | ||
| Accounts payable and accrued expenses | 7,250 | 45,000 |
| Net cash provided by (used in) operating activities | (29) | 79 |
| INVESTING ACTIVITIES: | ||
| FINANCING ACTIVITIES: | ||
| NET CHANGE IN CASH | (29) | 79 |
| CASH BEGINNING BALANCE | 89 | 227 |
| CASH ENDING BALANCE | 60 | 306 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||
| Taxes paid | ||
| Interest paid | ||
NATURE OF OPERATIONS AND BASIS
| NATURE OF OPERATIONS AND BASIS OF PRESENTATION | 6 Months Ended |
| Feb. 28, 2017 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| NATURE OF OPERATIONS AND BASIS OF PRESENTATION | NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION First Level Entertainment Group, Inc. (“the Company”), formerly known as Sound Kitchen Entertainment Group, Inc., commenced operations in February 1, 2012. The Company was incorporated on June 2, 2008 in the State of Florida and established a fiscal year end of August 31. The Company is in the entertainment business presently focusing on mobile applications. The Company has following wholly-owned subsidiaries: i) Mobile Sonars Inc.; ii) Am I There Inc.; iii) Message Attic Corp.; iv) VIP Wink Corp. |
SUMMARY OF SIGNIFICANT ACCOUNTI
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 6 Months Ended |
| Feb. 28, 2017 | |
| Accounting Policies [Abstract] | |
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements of the Company and the notes thereto have been prepared in accordance with the instructions for Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission (“SEC”). The August 31, 2016 condensed consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. The unaudited condensed consolidated financial statements included herein should be read in conjunction with the audited financial statements and the notes thereto that are included in the Company’s Annual Report on Form 10-K for the year ended August 31, 2016 filed with the SEC on December 14, 2016. The accounting policies applied by the Company in these condensed interim financial statements are the same as those applied by the Company in its audited consolidated financial statements as at and for the year ended August 31, 2016. The quarterly information presented should be read in conjunction with the annual report filed on Form 10-K with the Securities and Exchange Commission. Principles of Consolidation The consolidated financial statements include the financial statements of the Company and its subsidiaries. All significant intercompany balances and transactions within the Company and subsidiary have been eliminated upon consolidation. Use of Estimates and Assumptions Preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Basic and Diluted Net Loss per Common Share Basic loss per share is calculated by dividing the Company’s net loss applicable to common stockholders by the weighted average number of common shares during the period. Diluted loss per share is calculated by dividing the Company’s net loss available to common stockholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is adjusted for any potentially dilutive debt or equity. There are no such common stock equivalents outstanding as of February 28, 2017, or February 29, 2016 which were excluded from the calculation of diluted loss per common share as their effect would have been anti-dilutive. |
GOING CONCERN
| GOING CONCERN | 6 Months Ended |
| Feb. 28, 2017 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| GOING CONCERN | NOTE 3 – GOING CONCERN The Company’s consolidated financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company does not have material assets, nor does it have operations or a source of revenue sufficient to cover its operation costs and allow it to continue as a going concern. The Company has a deficit accumulated since inception (June 2, 2008) through February 28, 2017 of ($3,153,888). The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan. There can be no assurance that the Company will be successful in either situation in order to continue as a going concern. The Company has funded its initial operations, from inception to February 28, 2017, by way of issuing common shares and advances from related parties. As of February 28, 2017, the Company had issued 42,219,990 (post stock-split) common shares. These consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty. |
RELATED PARTY TRANSACTIONS
| RELATED PARTY TRANSACTIONS | 6 Months Ended |
| Feb. 28, 2017 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | NOTE 4 – RELATED PARTY TRANSACTIONS During the six months ended February 28, 2017, a related party paid expenses on behalf of Company in the amount of $6,850. As of February 28, 2017, the balance owed to this related party was $6,850. During the six months ended February 29, 2016, a related party paid expenses on behalf of the Company in the amount of $9,637. As of February 29, 2016, the Company owed $258,698. All related party balances bear no interest and are due on demand. |
SUBSEQUENT EVENTS
| SUBSEQUENT EVENTS | 6 Months Ended |
| Feb. 28, 2017 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | NOTE 5 – SUBSEQUENT EVENTS We have evaluated events and transactions that occurred subsequent to February 28, 2017 through the date the consolidated financial statements were issued, for potential recognition or disclosure in the accompanying consolidated financial statements. |
SUMMARY OF SIGNIFICANT ACCOUN11
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 6 Months Ended |
| Feb. 28, 2017 | |
| Accounting Policies [Abstract] | |
| Basis of Presentation | Basis of Presentation The accompanying unaudited condensed consolidated financial statements of the Company and the notes thereto have been prepared in accordance with the instructions for Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission (“SEC”). The August 31, 2016 condensed consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. The unaudited condensed consolidated financial statements included herein should be read in conjunction with the audited financial statements and the notes thereto that are included in the Company’s Annual Report on Form 10-K for the year ended August 31, 2016 filed with the SEC on December 14, 2016. The accounting policies applied by the Company in these condensed interim financial statements are the same as those applied by the Company in its audited consolidated financial statements as at and for the year ended August 31, 2016. The quarterly information presented should be read in conjunction with the annual report filed on Form 10-K with the Securities and Exchange Commission. |
| Principles of Consolidation | Principles of Consolidation The consolidated financial statements include the financial statements of the Company and its subsidiaries. All significant intercompany balances and transactions within the Company and subsidiary have been eliminated upon consolidation. |
| Use of Estimates and Assumptions | Use of Estimates and Assumptions Preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. |
| Basic and Diluted Net Loss per Common Share | Basic and Diluted Net Loss per Common Share Basic loss per share is calculated by dividing the Company’s net loss applicable to common stockholders by the weighted average number of common shares during the period. Diluted loss per share is calculated by dividing the Company’s net loss available to common stockholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is adjusted for any potentially dilutive debt or equity. There are no such common stock equivalents outstanding as of February 28, 2017, or February 29, 2016 which were excluded from the calculation of diluted loss per common share as their effect would have been anti-dilutive. |
GOING CONCERN (Details Narrativ
| GOING CONCERN (Details Narrative) - USD ($) | Feb. 28, 2017 | Aug. 31, 2016 |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| Accumulated deficit | $ (3,153,888) | $ (3,139,759) |
| Common stock, shares issued | 42,219,990 | 42,219,990 |
RELATED PARTY TRANSACTIONS (Det
| RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) | 6 Months Ended | ||
| Feb. 28, 2017 | Feb. 29, 2016 | Aug. 31, 2016 | |
| Related Party Transactions [Abstract] | |||
| Expenses paid on behalf of the company by a related party | $ (6,850) | $ (9,637) | |
| Advance related parties | $ 6,850 | $ 258,698 | |