High Performance Beverages (TBEV) 10-Q/A 7 Oct 13 2013 Q1 Quarterly report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Oct. 31, 2012	Dec. 12, 2012
Document And Entity Information
Entity Registrant Name	DETHRONE ROYALTY HOLDINGS, INC.
Entity Central Index Key	1504222
Document Type	10-Q
Document Period End Date	31-Oct-12
Amendment Flag	TRUE
Current Fiscal Year End Date	-24
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		97,320,000
Amendment Description	Amendment
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2013

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Oct. 31, 2012	Jul. 31, 2012
Current Assets
Cash	$2,234
Total Current Assets	2,234
TOTAL ASSETS	2,234	0
Current Liabilities
Accrued expenses	9,539	4,050
Total Current Liabilities	9,539	4,050
Liability for 1,600,415 and 610,415 shares of issuable common stock at October 31, 2012 and July 31, 2012, respectively	203,361	61,361
Total Liabilities	212,900	65,411
Stockholders'(Deficit)
Preferred stock: $0.001 par value; 1,000,000 shares authorized; no shares issued or outstanding
Common stock: $0.001 par value; 500,000,000 shares authorized; 94,150,000 shares issued and outstanding	94,150	94,150
Additional Paid-in Capital	-22,709	-22,709
Retained earnings from discontinued operations	6,944	6,944
Accumulated deficit	-289,051	-143,796
Total Stockholders' (Deficit)	-210,666	-65,411
Total Liabilities and Stockholders' Deficit	$2,234	$0

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Oct. 31, 2012	Jul. 31, 2012
Statement of Financial Position [Abstract]
Liability for shares of issuable common stock	1,600,415	610,415
Stockholders' equity:
Preferred stock, par value	$0.00	$0.00
Preferred stock, share authorized	1,000,000	1,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	94,150,000	94,150,000
Common stock, shares outstanding	94,150,000	94,150,000

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended		188 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2012
Income Statement [Abstract]
REVENUES
OPERATING EXPENSES
General and administrative	65,380	12,750	137,900
Marketing	43,131		48,994
Product development	21,744		67,157
Compensation	15,000		35,000
TOTAL OPERATING EXPENSES	145,255	12,750	289,051
LOSS FROM CONTINUING OPERATIONS	-145,255	-12,750	-289,051
DISCONTINUED OPERATION - net		152	6,944
NET LOSS	($145,255)	($12,598)	($282,107)
NET LOSS PER SHARE: BASIC AND DILUTED	$0	$0
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	94,150,000	352,445,656

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended		188 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	($145,255)	($12,598)	($282,107)
Adjustments to reconcile net loss to net cash used in operating activities:
Issuable stock in exchange for services	30,000		30,000
Stock issued in exchange for services		12,000	22,300
Changes in assets and liabilities:
Increase (decrease) in accrued expenses	5,489	750	9,539
Cash Flows Provided by (Used in) Operating Activities	-109,766	152	-220,268
CASH FLOWS FROM FINANCING ACTIVITIES
Sale of shares	112,000		223,361
Retirement of shares			-859
Cash Flows Provided by Financing Activities	112,000		222,502
NET INCREASE (DECREASE) IN CASH	2,234	152	2,234
Cash, beginning of fiscal year		919
Cash, end of fiscal year	2,234		2,234
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest
Cash paid for income taxes

Statements_of_Stockholders_Equ

Statements of Stockholders Equity (Deficit) (USD $)	Common Stock	Additional Paid-In Capital	Retained Earnings from discontinued operations	Accumulated Deficit	Total
Beginning Balance, Value at Jul. 31, 2010	$321,875	($311,575)			$10,300
Beginning Balace, Shares at Jul. 31, 2010	321,875,000
Return of shares to Treasury as a result of Spinoff Agreement, Value
Net Income			6,969	-22,700	-15,731
End Balance, Value at Jul. 31, 2011	321,875	-311,575	6,969	-22,700	-5,431
Beginning Balace, Shares at Jul. 31, 2011	321,875,000
Common stock for services, Shares	37,500,000				37,500,000
Common stock for services, Value	37,500	-25,500			12,000
Return of shares to Treasury as a result of Spinoff Agreement, Shares	-265,625,000
Return of shares to Treasury as a result of Spinoff Agreement, Value	-265,625	264,766			859
Sale of common stock, Shares	400,000
Sale of common stock, Value	400	49,600
Net Income			-25	-121,096	-121,121
End Balance, Value at Jul. 31, 2012	94,150	-22,709	6,944	-143,796	-65,411
End Balance, Shares at Jul. 31, 2012	94,150,000
Return of shares to Treasury as a result of Spinoff Agreement, Value
Net Income				-145,255	-145,255
End Balance, Value at Oct. 31, 2012	$94,150	($22,709)	$6,944	($289,051)	($210,666)
End Balance, Shares at Oct. 31, 2012	321,875,000

Organization

Organization	3 Months Ended
	Oct. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	NOTE 1 – ORGANIZATION
	Dethrone Royalty Holdings, Inc. (formerly Exclusive Building Services, Inc.) (the “Company”) was founded as an unincorporated DBA in February 1997 and was incorporated as a C corporation under the laws of the State of Nevada on October 11, 2010. The incorporation effort included the Company issuing 312,500,000 shares of common stock to Patricia G. Skarpa, who founded and managed the business which had been providing commercial cleaning services to office buildings of 10,000 to 15,000 square feet in Harris County, TX (part of the Metropolitan Houston area) since February 1997, and 9,375,000 shares to Hallie Beth Skarpa, its other director, for services rendered. These services, involving the incorporation and planning, were valued at $10,300. Hallie Beth Skarpa is the daughter of Patricia G. Skarpa.
	On January 10, 2012, the Company incorporated a wholly-owned subsidiary, TO Sports Innovation, Inc. (“TO”), in Nevada. TO was inactive until March 15, 2012. TO subsequently changed its name to Dethrone Beverage, Inc. (“DB”) in November 2012.
	On March 26, 2012, the Company entered into a Spinoff Agreement with Patricia G. Skarpa and Hallie Beth Skarpa, who were its officers and directors, as well as its largest shareholders, under which the Company agreed to sell all of the assets relating to the segment of its business that provided commercial cleaning services to office buildings in exchange for all of the liabilities, as defined, of the commercial cleaning business and the return by Patricia G. Skarpa and Hallie Beth Skarpa of an aggregate of 265,625,000 shares of the Company’s common stock. As a result of the Spinoff Agreement the Company ceased to be engaged in providing commercial cleaning services to office buildings.
	On March 26, 2012, Patricia G. Skarpa and Hallie Beth Skarpa entered into agreements with Toby McBride and Michael Jay Holley, officers of TO, under which they agreed to sell 28,125,000 shares of common stock to each (or an aggregate of 56,250,000 shares.
	In April 2012, DB entered into an exclusive license agreement with Dethrone Royalty, Inc. giving DB the right to use the Dethrone Trademark worldwide in connection with the manufacture and sale of sports performance or energy drinks along with any other non-alcoholic beverage under the Trade Name, Dethrone Beverages.
	The officers have formulas that will be used for the initial products that are planned for initial shipment during the first calendar quarter of 2013.
	The Company has also entered into letters of intent with several professional sports personalities to represent it by endorsing its products. If they and/or others execute agreements consistent with the letters of intent, they will be compensated by issuances of restricted shares of our common stock. Dethrone Royalty, Inc. will produce and distribute lines of shirts/clothing for each sports figure signed as endorsers by the Company and market the shirts through its normal distribution channels. The Company will receive commissions equal to 12.5% of the net sales generated by these shirts.
	The Company has determined that as a result of the discontinuance of janitorial service operations and entering into the manufacture and sale of sports performance or energy drinks along with any other non-alcoholic beverage under the trade name, Dethrone Beverages, it has re-entered the development stage as defined by Section 915-10-20 of the FASB Accounting Standards Codification. Accordingly, financial statement disclosures included in these financial statements include inception to date information. The Company has presented the accumulated deficit on the balance sheet through October 31, 2012 as deficit accumulated from discontinued operations

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Oct. 31, 2012
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Interim financial statements
	The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission set forth in Article 8 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements.  The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim periods presented.  Unaudited interim results are not necessarily indicative of the results for the full fiscal year.  These financial statements should be read in conjunction with the financial statements of the Company for the fiscal year ended July 31, 2012 and notes thereto contained in the Company’s Annual Report on Form 10-K.
	Share-Based Compensation
	The Company issues stock-based compensation awards to contractors, vendors and for marketing purposes. This compensation is generally in the form of restricted shares of common stock.
	The Company measures and recognizes compensation expense for all stock-based awards based on the awards' fair value which is generally the quoted market value of common shares on the date that the contract mandating the award issuance is executed. The Company recognizes the expense on a straight-line basis over the service period of the related contract. However, if shares of common stock are issued as of the inception of a contract period and the Company does not have the right to recover any of the shares for nonperformance, the entire expense is recognized at the inception date of the contract.
	Basic and Diluted Loss Per Common Share
	Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic and diluted net income per common share has been calculated by dividing the net income for the period by the basic and diluted weighted average number of common shares outstanding assuming that the Company incorporated as of the beginning of the first period presented. There were no dilutive shares outstanding at October 31, 2012 or 2011.  Issuable common stock is not included in the calculation of basic or diluted weighted average number of common shares outstanding because including these shares would be antidilutive.
	Discontinued Operations
	In accordance with ASC 205-20, Presentation of Financial Statements-Discontinued Operations (“ASC 205-20”), the Company reported the results of its commercial cleaning services as a discontinued operation. The results of operations of business dispositions are   segregated from continuing operations and reflected as discontinued operations in current and prior periods. The application of the principle is discussed in Note 5, Discontinued Operation.
	Recently Issued Accounting Standards
	There were no new accounting pronouncements that had a significant impact on the Company’s operating results or financial position.

Going_Concern

Going Concern	3 Months Ended
	Oct. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	NOTE 3 – GOING CONCERN
	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As reflected in the accompanying financial statements, the Company had negative working capital and a net stockholders’ deficit at October 31, 2012 and had no committed source of debt or equity financing.
	While the Company is emphasizing a new product line involving the manufacture and sale of sports performance or energy drinks along with any other non-alcoholic beverage under the trade name, Dethrone Beverages, there are uncertainties as to whether the Company will obtain sufficient financing to introduce and distribute the planned product or, if distributed, there will be sufficient market demand for the products.
	The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

Share_Capital

Share Capital	3 Months Ended
	Oct. 31, 2012
Equity [Abstract]
Share Capital	NOTE 4 – SHARE CAPITAL
	In February 2012, the Company increased the number of authorized shares to 500,000,000 and approved a 31.25 for 1 forward split of its common stock effective March 17, 2012, after which there were 359,375,000 shares of common stock outstanding. . All share and per share disclosures give retroactive effect to this forward split.
	On March 26, 2012, Patricia G. Skarpa and Hallie Beth Skarpa entered into agreements with Toby McBride and Michael Jay Holley, officers of TO, under which they agreed to sell 28,125,000 shares of common stock to each (or an aggregate of 56,250,000 shares.
	On May 4, 2012, the Company sold 400,000 newly-issued restricted shares of common stock for $50,000 ($0.125 per share).
	In June and July 2012, the Company sold an aggregate of 610,415 restricted shares of common stock for $61,361.
	In August 2012, the Company raised $12,000 for 120,000 restricted shares of common stock, and $100,000 for 670,000 restricted shares of common stock. As of October 31, 2012, the Company had not yet issued stock certificates to the buyers of these shares so the amount collected is included in “Liability for Issuable Common Stock” in the accompanying Consolidated Balance Sheet.
	On October 29, 2012, the Company and Aldon Smith entered into a three-year endorsement contract for which Mr. Smith will receive 200,000 shares of restricted shares of common stock at the inception of the contract, 150,000 shares of restricted shares of common stock at each contract anniversary date and up to an additional 150,000 shares of restricted shares of common stock per contract year based on various performance criteria. The Company does not have the right to recover any shares of common stock issued under this contract, so the expense associated with the 200,000 shares to be issued for the first year of the contract have been expensed and included in Marketing Expense.  As of October 31, 2012, the Company had not yet issued stock certificates to Mr. Smith so the amount relating to them for the first year (based on the market value on recent trades) is included in “Liability for Issuable Common Stock” in the accompanying Consolidated Balance Sheet.
	At October 31, 2012, there were 94,150,000 shares of common stock outstanding and an additional 1,600,415 shares of common stock issuable.
	On November 15, 2012, the Company entered into a Senior Secured Promissory Note with an unaffiliated party under which the Company received a one-year loan with a principal balance of $100,000. The loan bears interest at 20% per annum with interest payments due quarterly. In addition, the Company issued 2,500,000 shares of restricted common stock to the lender and Messrs. Holley and McBride pledged their 56,250,000 shares of the Company’s common stock as collateral. If the Company goes into default of the provisions of the loan, it becomes convertible into the Company’s common stock at a price of $.001 per share (or up to 100 million shares). If a default occurs, the lender will have the ability of becoming the controlling shareholder of the Company.
	From November 1, 2012 to December 14, 2012, the Company entered into three-year endorsement agreements with three sports figures who have agreed to endorse the Company and its products for an aggregate of 2,850,000 restricted shares of the Company’s common stock plus an additional 1,350,000 contingent restricted shares based on certain performance criteria. The Company is also negotiating an agreement with the agent who introduced the sports figures to the Company and may issue an additional 750,000 restricted shares of common stock to that agent and has letters of intent with three additional sports figures for endorsement agreements.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Oct. 31, 2012
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 5 – COMMITMENTS AND CONTINGENCIES
	In April2012, DB entered into an exclusive license agreement with Dethrone Royalty, Inc. giving DB the right to use the Dethrone Trademark worldwide in connection with the manufacture and sale of sports performance or energy drinks along with any other non-alcoholic beverage under the Trade Name, Dethrone Beverages.
	The License Agreement with Dethrone Royalty, Inc. is for five years and requires payments as follows:
	Year	Royalty
	1	12% of Gross Profit
	2	$50,000 plus 8% of Gross Profit
	3	$100,000 or 6% of Gross profit, whichever is higher
	4	$150,000 or 6% of Gross profit, whichever is higher
	5	$200,000 or 6% of Gross profit, whichever is higher
	The License Agreement with Dethrone Royalty, Inc. specifies minimum levels of sales which, if not attained by DB, gives Dethrone Royalty, Inc. the right to terminate the License Agreement. These minimums are as follows:
	Year	Minimum Sales
	1	$ -0-
	2	$3,000,000
	3	$6,000,000
	4	$9,000,000
	5	$12,000,000
	The License Agreement with Dethrone Royalty, Inc. also requires DB to maintain various liability insurance coverage.

Subsequent_Events

Subsequent Events	3 Months Ended
	Oct. 31, 2012
Subsequent Events [Abstract]
Subsequent Events	NOTE 6 - SUBSEQUENT EVENTS
	In accordance with ASC 855, Subsequent Events, the Company has evaluated subsequent events from October 1, 2012 through December 14, 2012, the date of issuance of the financial statements and has determined that it does not have any material subsequent events to disclose other than the matters disclosed in Note 4 above.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Oct. 31, 2012
Accounting Policies [Abstract]
Interim Financial Statements	Interim financial statements
	The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission set forth in Article 8 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements.  The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim periods presented.  Unaudited interim results are not necessarily indicative of the results for the full fiscal year.  These financial statements should be read in conjunction with the financial statements of the Company for the fiscal year ended July 31, 2012 and notes thereto contained in the Company’s Annual Report on Form 10-K.
Share based Compensation	Share-Based Compensation
	The Company issues stock-based compensation awards to contractors, vendors and for marketing purposes. This compensation is generally in the form of restricted shares of common stock.
	The Company measures and recognizes compensation expense for all stock-based awards based on the awards' fair value which is generally the quoted market value of common shares on the date that the contract mandating the award issuance is executed. The Company recognizes the expense on a straight-line basis over the service period of the related contract. However, if shares of common stock are issued as of the inception of a contract period and the Company does not have the right to recover any of the shares for nonperformance, the entire expense is recognized at the inception date of the contract.
Basic and Diluted Loss Per Common Share	Basic and Diluted Loss Per Common Share
	Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic and diluted net income per common share has been calculated by dividing the net income for the period by the basic and diluted weighted average number of common shares outstanding assuming that the Company incorporated as of the beginning of the first period presented. There were no dilutive shares outstanding at October 31, 2012 or 2011.  Issuable common stock is not included in the calculation of basic or diluted weighted average number of common shares outstanding because including these shares would be antidilutive.
Discontinued Operation	Discontinued Operations
	In accordance with ASC 205-20, Presentation of Financial Statements-Discontinued Operations (“ASC 205-20”), the Company reported the results of its commercial cleaning services as a discontinued operation. The results of operations of business dispositions are   segregated from continuing operations and reflected as discontinued operations in current and prior periods. The application of the principle is discussed in Note 5, Discontinued Operation.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Standards
	There were no new accounting pronouncements that had a significant impact on the Company’s operating results or financial position.

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	3 Months Ended
	Oct. 31, 2012
Commitments and Contingencies Disclosure [Abstract]
License Agreement
	Year	Royalty
	1	12% of Gross Profit
	2	$50,000 plus 8% of Gross Profit
	3	$100,000 or 6% of Gross profit, whichever is higher
	4	$150,000 or 6% of Gross profit, whichever is higher
	5	$200,000 or 6% of Gross profit, whichever is higher
Minimum Sales
	Year	Minimum Sales
	1	$ -0-
	2	$3,000,000
	3	$6,000,000
	4	$9,000,000
	5	$12,000,000

Organization_Details_Narrative

Organization (Details Narrative) (USD $)	0 Months Ended	1 Months Ended	2 Months Ended	12 Months Ended	0 Months Ended
	4-May-12	Aug. 31, 2012	Jul. 31, 2012	Jul. 31, 2012	Feb. 28, 1997	Feb. 28, 1997	Mar. 26, 2012
					Founder	Directors	Officers
Common stock for services, shares				37,500,000	312,500,000	9,375,000
Common stock for services, Value				$12,000		$10,300
Sale of stock agreement, total shares	400,000	670,000	610,415				28,125,000
Sale of stock agreement, aggregate shares							56,250,000
Commission Percentage				12.50%

Share_Capital_Details_Narrativ

Share Capital (Details Narrative) (USD $)	0 Months Ended	1 Months Ended	2 Months Ended	3 Months Ended		12 Months Ended	188 Months Ended
	4-May-12	Aug. 31, 2012	Jul. 31, 2012	Oct. 31, 2012	Oct. 31, 2011	Jul. 31, 2012	Oct. 31, 2012
Equity [Abstract]
Common stock, shares authorized			500,000,000	500,000,000		500,000,000	500,000,000
Preferred stock, share authorized			1,000,000	1,000,000		1,000,000	1,000,000
Stock split						31.25
Common stock after stock split, shares						359,375,000
Common stock for services, Shares				200,000		37,500,000
Additional Common stock for services, Shares				150,000
Common stock for services, Value					$12,000	$12,000	$22,300
Sale of common stock, Shares	400,000	670,000	610,415
Sale of common stock, Value	$50,000	$100,000	$61,361
Stock price			$0.13			$0.13
Common stock, shares outstanding			94,150,000	94,150,000		94,150,000	94,150,000
Common stock issuable, shares				1,600,415

Share_Capital_AdditionalDetail

Share Capital Additional(Details Narrative) (USD $)	0 Months Ended	1 Months Ended
	Nov. 15, 2012	Dec. 14, 2012
Share Capital Additionaldetails Narrative
Convertible Promissory Note	$100,000
Interest rate	20.00%
Common stock issued for debt, shares	2,500,000
Common stock as collateral, shares	56,250,000
Conversion price	$0.00
Common stock issued for endorsement agreements, shares		2,850,000
Additional Common stock issued for endorsement agreements, shares		1,350,000
Common stock negotiating for endorsement agreements, shares		750,000

Commitments_and_Contingencies_1

Commitments and Contingencies - License Agreement (Details) (USD $)	12 Months Ended
	Jul. 31, 2012
Year 1
Percentage of Gross profit	12.00%
Royalty fee
Minimum Sales
Year 2
Percentage of Gross profit	8.00%
Royalty fee	50,000
Minimum Sales	3,000,000
Year 3
Percentage of Gross profit	6.00%
Royalty fee	100,000
Minimum Sales	6,000,000
Year 4
Percentage of Gross profit	6.00%
Royalty fee	150,000
Minimum Sales	9,000,000
Year 5
Percentage of Gross profit	6.00%
Royalty fee	200,000
Minimum Sales	$12,000,000