Ystrategies (YSTR) 10-Q 23 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 20, 2015
Document And Entity Information Abstract
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Entity Registrant Name	INDIA ECOMMERCE CORP
Entity Central Index Key	1,510,891
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,015
Entity Filer Category	Smaller Reporting Company
Entity Units Outstanding		25,477,500
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current assets
Cash	$ 18,163	$ 10,713
Deposits		280
Prepaid expenses		27,625
Total current assets	$ 18,163	38,618
Long term assets
Property and equipment, net	1,219	2,081
Total long term assets	1,219	2,081
Total assets	19,382	40,699
Current liabilities
Accounts payable and accrued liabilities	16,693	$ 8,189
Customer deposits	22,376
Notes payable	4,500	$ 54,500
Total current liabilities	43,569	62,689
Stockholders' deficit
Common stock $0.001 par value; 75,000,000 shares authorized; 50,079,156 and 36,119,167 shares issued outstanding, respectively	50,080	36,120
Additional paid-in capital	662,398	509,656
Accumulated deficit	(736,665)	(567,766)
Total stockholders' deficit	(24,187)	(21,990)
Total liabilities and stockholders' deficit	$ 19,382	$ 40,699

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Common stock, par value per share	$ 0.001	$ 0.001
Common Stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	50,079,156	36,119,167
Common Stock, shares outstanding	50,079,156	36,119,167

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
Revenue	$ 5,000	$ 8,375	$ 7,500	$ 12,375
Operating expenses
General and administrative	17,992	18,330	58,694	43,102
Total operating expenses	17,992	18,330	58,694	43,102
Net operating loss	$ (12,992)	(9,955)	$ (51,194)	(30,727)
Other income and expense
Debt discount		$ 10,677		13,962
Change in derivative liability			$ 15	$ 26,591
Loss on extinguishment of debt			116,687
Interest expense	$ 519	$ 1,164	1,004	$ 11,512
Total other income and expense	519	11,841	117,706	52,065
Loss before provision for income taxes	(13,511)	(21,796)	(168,899)	(82,792)
Net loss	$ (13,511)	$ (21,796)	$ (168,899)	$ (82,791)
Net loss per common share - basic and diluted	$ 0	$ (0.001)	$ (0.004)	$ 0
Weighted average common shares outstanding - basic and diluted	50,079,156	25,477,500	44,750,950	25,477,500

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net loss	$ (168,899)	$ (82,791)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation	862	$ 862
Amortization of prepaid expense	$ 27,625
Amortization of debt discount		$ 13,962
Loss on extinguishment of debt	$ (116,687)
Accrued interest on notes payable		$ 11,512
Change in derivative liability	$ 15	26,591
Changes in operating assets and liabilities:
Refund (payment) of rental deposit	280	$ (280)
Customer deposit	22,376
Accounts payable and accrued liabilities	8,504	$ 1,561
Net cash used by operating activities	$ 7,450	(24,083)
Cash flows from financing activities:
Payments on convertible notes payable		(25,000)
Proceeds from convertible notes payable		32,500
Net cash provided by financing activities		7,500
Net change in cash	$ 7,450	(16,583)
Cash, beginning of period	10,713	$ 19,675
Cash, end of period	18,163
Non-cash investing and financing activities:
Stock issued for settlement of debt and derivative liability	$ 166,702

DESCRIPTION OF BUSINESS

DESCRIPTION OF BUSINESS	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS	NOTE 1 – DESCRIPTION OF BUSINESS India Ecommerce Corporation (the "Company") was incorporated under the laws of the state of Nevada on January 19, 2011. The Company plans to build, promote and manage a multitude of ecommerce properties, in both website and mobile application formats, for the India market.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited interim financial statements of India Ecommerce Corporation have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto for the year ended December 31, 2014 contained in the Company's Form 10 K originally filed with the Securities and Exchange Commission on April 15, 2015. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year. Use of Estimates The preparation of financial statements in accordance 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 revenues and expenses during the reporting period. A change in managements' estimates or assumptions could have a material impact on the Company's financial condition and results of operations during the period in which such changes occurred. Actual results could differ from those estimates. The Company's financial statements reflect all adjustments that management believes are necessary for the fair presentation of their financial condition and results of operations for the periods presented. Cash and Cash Equivalents For purposes of the statements of cash flows, cash equivalents include all highly liquid investments with original maturities of three months or less which are not securing any corporate obligations. The Company maintains its cash in bank deposit accounts, which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts. Deposits Deposits include a security deposit for office space located in Pittsburgh, PA. Property and Equipment Property and equipment are carried at cost. Expenditures for maintenance and repairs are charged against operations. Renewals and betterments that materially extend the life of the assets are capitalized. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in income for the period. Depreciation is computed for financial statement purposes on a straight-line basis over estimated useful lives of the related assets. The estimated useful lives of depreciable assets are: Estimated Classification Useful Lives Furniture and fixtures 5-7 years Computers and office equipment 3-5 years Revenue Recognition The Company recognizes revenue for its professional services when persuasive evidence of an arrangement exists, performance of services has occurred, the sales price is fixed or determinable and collectability is probable. Impairment of Long-lived Assets Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. 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. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or that future deductibility is uncertain. The Company also follows the guidance related to accounting for income tax uncertainties. In accounting for uncertainty in income taxes, the Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. No liability for unrecognized tax benefits was recorded as of September 30, 2015 and December 31, 2014. Fair Value Measurements The fair value of a financial instrument is the amount that could be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Financial assets are marked to bid prices and financial liabilities are marked to offer prices. Fair value measurements do not include transaction costs. A fair value hierarchy is used to prioritize the quality and reliability of the information used to determine fair values. Categorization within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fair value hierarchy is defined into the following three categories: Level 1: Quoted market prices in active markets for identical assets or liabilities Level 2: Observable market-based inputs or inputs that are corroborated by market data Level 3: Unobservable inputs that are not corroborated by market data Stock-Based Compensation The Company records stock-based compensation at fair value as of the date of grant and recognizes the corresponding expense over the requisite service period (usually the vesting period), utilizing the Black-Scholes option-pricing model. The volatility component of the calculation is based on the historic volatility of the Company's stock or the expected future volatility. The expected life assumption is primarily based on historical exercise patterns and employee post-vesting termination behavior. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant. Loss per Common Share Basic earnings per share are calculated dividing income available to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share are based on the assumption that all dilutive convertible shares and stock options and warrants were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, warrants and options are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. There were potentially, no dilutive shares outstanding as of September 30, 2015. Recently Adopted Accounting Pronouncements On June 10, 2014, the Financial Accounting Standards Board ("FASB") issued update ASU 2014-10, Development Stage Entities (Topic 915). Amongst other things, the amendments in this update removed the definition of development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from US GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows and shareholders' equity, (2) label the financial statements as those of a development stage entity; (3) disclose a description of the development stage activities in which the entity is engaged and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendments are effective for annual reporting periods beginning after December 31, 2014 and interim reporting periods beginning after December 15, 2015, however entities are permitted to early adopt for any annual or interim reporting period for which the financial statements have yet to be issued. The Company has elected to early adopt these amendments and accordingly have not labeled the financial statements as those of a development stage entity and have not presented inception-to-date information on the respective financial statements. There are no other recent accounting pronouncements that are expected to have a material effect on the Company's financial statements.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2015
GOING CONCERN [Abstract]
GOING CONCERN	NOTE 3 – GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the recoverability of assets and the satisfaction of liabilities in the normal course of business. Since its inception, the Company has been engaged substantially in financing activities and developing its business plan and marketing. As a result, the Company incurred accumulated net losses through September 30, 2015 of $737,232. In addition, the Company's development activities since inception have been financially sustained through the sale of capital stock and capital contributions from note holders. The ability of the Company to continue as a going concern is dependent upon its ability to raise additional capital from the sale of common stock or through debt financing and, ultimately, the achievement of significant operating revenues. These 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.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment, Net [Abstract]
PROPERTY AND EQUIPMENT	NOTE 4 – PROPERTY AND EQUIPMENT Property and equipment consisted of the following as of June 30, 2015 and 2014: June 30, 2015 2014 Computers and office equipment $ 8,614 $ 8,614 less: accumulated depreciation (7,395 ) (5,671 ) Equipment - net $ 1,219 $ 2,943 Depreciation expense included as a charge to income of $862 for the six months ended June 30, 2015 and June 30, 2014, respectively.

CUSTOMER DEPOSIT

CUSTOMER DEPOSIT	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
CUSTOMER DEPOSIT	NOTE 5 – CUSTOMER DEPOSIT On May 7, 2015 the Company entered into a nine month exclusive, confidential consulting agreement with a client to provide the client with services designed to launch and manage certain television operations, including the purchase and configuration of the equipment necessary to do so. Because the final total cost of such purchases isn't certain and until such time as the contract purchases have been completed, the Company has determined that the fee minus any expenditures would be disclosed as a customer deposit. The contract was fulfilled during the three months ended September 30, 2015 and the net proceeds were reported as income.

NOTES PAYABLE

NOTES PAYABLE	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTE 6– NOTES PAYABLE Convertible Notes Payable - Variable Conversion Price On October 1, 2003 the Company issued a notes payable in the amount of $50,000.repayable on or before February 28, 2014. On February 23, 2015, the holders of the note executed a Securities Exchange Agreement whereby they sold the note to a third unrelated party. Simultaneously, the Company amended the note to include a conversion feature equal to a 70% discount of the lowest intraday quoted price for the previous 45 trading days as traded on the National Quotations Bureau. No additional fees were charged to the Company. The new note contained a modification which rendered it substantially different from the original note. Therefore, a loss from debt extinguishment is recognized for the difference in the fair value of the reacquisition price (including non-monetary assets) given up and the carrying value of the original instrument (instrument extinguished). During the period from February 23, 2015 through March 23, 2015, the Company issued 13,959,989 of its common shares to repay the entire $50,000 balance of the note payable. Due to the variable conversion price, the Company recorded a derivative liability in connection with the convertible note payable, which was extinguished upon issuance of the common shares. The Company recorded a loss on extinguishment of debt in the amount of $116,687 as a result of this transaction. The Company valued the derivative liability, consisting primarily of the embedded conversion feature of the convertible debt, at issuance at fair value and revalues its derivative financial instruments at each conversion date. Any change in fair value is charged to earnings of the period where the derivative financial instrument is modified or converted. The fair value of these derivative financial instruments was determined using the Black-Scholes option pricing model. The average inputs (or assumptions) the Company used to value the derivative liabilities at issuance and conversions during the period ended June 30, 2015 were as follows: (1) dividend yield of 0% (2) expected daily volatility of 109% (3) risk-free interest rate of 0.52% (4) expected life of 0.4 years, and (5) estimated fair value of the Company's common stock of $0.015 per share. The components of notes payable at September 30, 2015 and December 31, 2014 are summarized in the table below: September 30, December 31, 2015 2014 Note payable – 24% interest, unsecured and due January 2013 (1) $ 4,500 $ 4,500 Note payable – repayable on February 28, 2014 with interest of $25,000, secured (2) - 50,000 $ 4,500 $ 54,500

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	NOTE 7 – STOCKHOLDERS' DEFICIT Between February 23, 2015 and March 23, 2015 the Company issued 13,959,989 of its restricted common shares to convert a note payable of $50,000 and $116,702 of derivative liability. The shares were issued at an average price of $0.0036 per share The total number of common shares authorized that may be issued by the Company is 75,000,000 shares with a par value of $0.001 per share. There are no preferred shares authorized to be issued. There were 50,079,156 and 36,119,167 shares of common stock issued and outstanding at September 30, 2015 and December 31, 2014 respectively. During the year ended December 31, 2014, the Company sold 6,000,000 shares of common stock, for $0.02 per share, or total cash proceeds of $120,000. During the year ended December 31, 2014, the Company issued 4,166,667 shares of common shares to various parties, for services rendered, as well as warrants to purchase 1,666,667 shares of common stock at $0.06 per share through December 1, 2019. The services were valued at $249,125 and was based on the fair value of stock and warrants issued on the date the shares were issued, which was an average of $0.06 per share. On October 7, 2014, the Company issued 225,000 of its restricted common shares, to a lender, to fulfill the obligation to provide the lender with those shares if the loan was not repaid by January 11, 2013, which shares were recorded at a fair value of $0.05 per share, charged to interest expense. On December 31, 2014, the Company recorded stock subscriptions payable for 500,000 shares of common shares, to a lender, to fulfill the obligation to provide the lender with those shares as the loan was not repaid by its maturity date of February 28, 2014, which shares were recorded at a fair value of $0.05 per share, charged to interest expense. On December 30, 2014, the Company issued 250,000 of its restricted common shares to liquidate a note payable of $20,000 plus accrued interest of $711. The fair value of the stock was $0.05 and was based on the trading price per share of the Company on the date of issuance. As such, the Company recognized a gain on settlement of debt upon issuance of $8,211. During the three months ended March 31, 2015, the Company issued 13,959,989 common shares, at variable costs, to repay a convertible note in the amount of $50,000.

STOCK PURCHASE WARRANTS

STOCK PURCHASE WARRANTS	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
STOCK PURCHASE WARRANTS	NOTE 8 – STOCK PURCHASE WARRANTS During the year ended December 31, 2014, the Company issued 1,666,667 warrants to creditors to acquire its common stock. In applying the Black-Scholes options pricing model to the options and warrant grants, the fair value of our share-based awards granted were estimated using the following assumptions for the periods indicated below: December 31, 2014 Risk-free interest rate 1.52 % Expected options life 2.50 Expected dividend yield - Expected price volatility 701 % A summary of the status of the Company's stock options as of June 30, 2015 and changes during the periods ended December 31, 2014 and June 30, 2015 is presented below: Number of Warrants Outstanding at December 31, 2013 - Warrants granted 1,666,667 Warrants exercised - Warrants forfeited or expired - Outstanding at December 31, 2014 1,666,667 0Exercisable at December 31, 2014 1,666,667 The following table summarizes information about options and warrants as of June 30, 2015: Warrants Outstanding Warrants Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.06 1,666,667 4.92 $ 0.06 1,666,667 $ 0.06 1,666,667 4.92 $ 0.06 1,666,667 $ 0.06

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9– SUBSEQUENT EVENTS The Company has evaluated subsequent events through the date of this report and has not identified any reportable events.

SUMMARY OF SIGNIFICANT ACCOUN15

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim financial statements of India Ecommerce Corporation have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto for the year ended December 31, 2014 contained in the Company's Form 10 K originally filed with the Securities and Exchange Commission on April 15, 2015. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year.
Use of Estimates	Use of Estimates The preparation of financial statements in accordance 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 revenues and expenses during the reporting period. A change in managements' estimates or assumptions could have a material impact on the Company's financial condition and results of operations during the period in which such changes occurred. Actual results could differ from those estimates. The Company's financial statements reflect all adjustments that management believes are necessary for the fair presentation of their financial condition and results of operations for the periods presented.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statements of cash flows, cash equivalents include all highly liquid investments with original maturities of three months or less which are not securing any corporate obligations. The Company maintains its cash in bank deposit accounts, which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts.
Deposits	Deposits Deposits include a security deposit for office space located in Pittsburgh, PA.
Property and Equipment	Property and Equipment Property and equipment are carried at cost. Expenditures for maintenance and repairs are charged against operations. Renewals and betterments that materially extend the life of the assets are capitalized. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in income for the period. Depreciation is computed for financial statement purposes on a straight-line basis over estimated useful lives of the related assets. The estimated useful lives of depreciable assets are: Estimated Classification Useful Lives Furniture and fixtures 5-7 years Computers and office equipment 3-5 years
Revenue Recognition	Revenue Recognition The Company recognizes revenue for its professional services when persuasive evidence of an arrangement exists, performance of services has occurred, the sales price is fixed or determinable and collectability is probable.
Impairment of Long-Lived Assets	Impairment of Long-lived Assets
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. 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. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or that future deductibility is uncertain. The Company also follows the guidance related to accounting for income tax uncertainties. In accounting for uncertainty in income taxes, the Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. No liability for unrecognized tax benefits was recorded as of September 30, 2015 and December 31, 2014.
Fair Value of Financial Instruments	Fair Value Measurements The fair value of a financial instrument is the amount that could be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Financial assets are marked to bid prices and financial liabilities are marked to offer prices. Fair value measurements do not include transaction costs. A fair value hierarchy is used to prioritize the quality and reliability of the information used to determine fair values. Categorization within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fair value hierarchy is defined into the following three categories: Level 1: Quoted market prices in active markets for identical assets or liabilities Level 2: Observable market-based inputs or inputs that are corroborated by market data Level 3: Unobservable inputs that are not corroborated by market data During the six months ended the Company's derivative liability was considered a level 2 financial instrument. See Note 6, for disclosures related to determining the fair market value of the derivative liability. As of June 30, 2015, the Company does not have any assets or liabilities that are required to be measured and recorded at fair value on a recurring basis.
Stock-Based Compensation	Stock-Based Compensation The Company records stock-based compensation at fair value as of the date of grant and recognizes the corresponding expense over the requisite service period (usually the vesting period), utilizing the Black-Scholes option-pricing model. The volatility component of the calculation is based on the historic volatility of the Company's stock or the expected future volatility. The expected life assumption is primarily based on historical exercise patterns and employee post-vesting termination behavior. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant.
Loss per Common Share	Loss per Common Share Basic earnings per share are calculated dividing income available to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share are based on the assumption that all dilutive convertible shares and stock options and warrants were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, warrants and options are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. There were potentially, no dilutive shares outstanding as of September 30, 2015.
Recent Accounting Pronouncements	Recently Adopted Accounting Pronouncements On June 10, 2014, the Financial Accounting Standards Board ("FASB") issued update ASU 2014-10, Development Stage Entities (Topic 915). Amongst other things, the amendments in this update removed the definition of development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from US GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows and shareholders' equity, (2) label the financial statements as those of a development stage entity; (3) disclose a description of the development stage activities in which the entity is engaged and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendments are effective for annual reporting periods beginning after December 31, 2014 and interim reporting periods beginning after December 15, 2015, however entities are permitted to early adopt for any annual or interim reporting period for which the financial statements have yet to be issued. The Company has elected to early adopt these amendments and accordingly have not labeled the financial statements as those of a development stage entity and have not presented inception-to-date information on the respective financial statements. There are no other recent accounting pronouncements that are expected to have a material effect on the Company's financial statements.

SUMMARY OF SIGNIFICANT ACCOUN16

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Schedule of Useful Lives	The estimated useful lives of depreciable assets are: Estimated Classification Useful Lives Furniture and fixtures 5-7 years Computers and office equipment 3-5 years

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment, Net [Abstract]
Schedule of Property and Equipment	Property and equipment consisted of the following as of June 30, 2015 and 2014: June 30, 2015 2014 Computers and office equipment $ 8,614 $ 8,614 less: accumulated depreciation (7,395 ) (5,671 ) Equipment - net $ 1,219 $ 2,943

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Schedule of Notes Payable	September 30, December 31, 2015 2014 Note payable – 24% interest, unsecured and due January 2013 (1) $ 4,500 $ 4,500 Note payable – repayable on February 28, 2014 with interest of $25,000, secured (2) - 50,000 $ 4,500 $ 54,500

STOCK PURCHASE WARRANTS (Tables

STOCK PURCHASE WARRANTS (Tables)	9 Months Ended
	Sep. 30, 2015
Other Liabilities Disclosure [Abstract]
Assumptions to determine fair value	December 31, 2014 Risk-free interest rate 1.52 % Expected options life 2.50 Expected dividend yield - Expected price volatility 701 %
Company stock options	Number of Warrants Outstanding at December 31, 2013 - Warrants granted 1,666,667 Warrants exercised - Warrants forfeited or expired - Outstanding at December 31, 2014 1,666,667 Exercisable at December 31, 2014 1,666,667
Summary of options and warrants	Warrants Outstanding Warrants Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.06 1,666,667 4.92 $ 0.06 1,666,667 $ 0.06 1,666,667 4.92 $ 0.06 1,666,667 $ 0.06

SUMMARY OF SIGNIFICANT ACCOUN20

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	3 Months Ended
	Mar. 31, 2015
Furniture and Fixtures [Member] | Minimum [Member]
Estimated useful life	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Estimated useful life	7 years
Computers and Office Equipment [Member] | Minimum [Member]
Estimated useful life	3 years
Computers and Office Equipment [Member] | Maximum [Member]
Estimated useful life	5 years

GOING CONCERN (Details)

GOING CONCERN (Details)	9 Months Ended
	Sep. 30, 2015USD ($)
GOING CONCERN [Abstract]
Accumulated Net losses	$ 737,232

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Property, Plant and Equipment, Net [Abstract]
Computer and office equipment	$ 8,614		$ 8,614
less: Accumulated depreciation	(7,395)		(5,671)
Property and equipment, net	1,219		$ 2,081
Depreciation	$ 862	$ 862

NOTES PAYABLE (Details)

NOTES PAYABLE (Details) - USD ($)		Sep. 30, 2015		Dec. 31, 2014
Debt Disclosure [Abstract]
Note payable - 24% interest, unsecured and due January 2013	[1]	$ 4,500		$ 4,500
Note payable - repayable on February 28, 2014 with interest of $25,000, secured			[2]	50,000	[3]
Total Notes Payable		$ 4,500		$ 54,500
[1]	In the event of nonpayment, by January 11, 2013, lender is entitled to receive 225,000 common shares of capital stock. Although the Company is in default, no demand has been made by the lender.
[2]	Payment is guaranteed by the promise to issue 500,000 common shares of the Company's common stock. Although the Company is in default, no demand has been made by the lender.
[3]	The Company may draw and repay the line of credit up to a maximum outstanding of $25,000.

STOCKHOLDERS' DEFICIT (Details)

STOCKHOLDERS' DEFICIT (Details) - USD ($)	1 Months Ended	12 Months Ended
	Mar. 23, 2015	Dec. 31, 2014	Dec. 30, 2014	Oct. 07, 2014
Stockholders' Equity Note [Abstract]
Common shares sold for cash		6,000,000
Price per share		$ 0.02
Cash Proceeds		$ 120,000
Stock issued to various parties for services		4,166,667
Number of warrants issued to purchase common stock issued		1,666,667
Fair value per share based on the date the shares were issued		$ 0.06
Value of Services for stock and warrants issued		$ 249,125
Restricted common shares issued to lender as collateral				225,000
Value of restricted shares per share recorded as interest				$ 0.05
Stock subscriptions payable		$ 500,000
Value of shares per share for subscriptions		$ 0.05
Restricted shares issued to liquidate a note plus interest			250,000
Value of restricted shares per share on date of issuance			$ 0.05
Gain on settlement of debt			$ 8,211
Restricted shares issued to liquidate a note payable	$ 13,959,989
Value of note payable	$ 50,000
Average price per share	$ 0.0036

STOCK PURCHASE WARRANTS - Fair

STOCK PURCHASE WARRANTS - Fair value assumptions (Details)	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Risk-free interest rate	1.52%
Expected options life	2 years 3 months
Expected dividend yield
Expected price volatility	70100.00%

STOCK PURCHASE WARRANTS - Statu

STOCK PURCHASE WARRANTS - Status of options (Details)	12 Months Ended
	Dec. 31, 2014shares
Notes to Financial Statements
Warrants granted	1,666,667
Warrants exercised
Warrants forfeited or expired
Outstanding at December 31, 2014	1,666,667
Exercisable at December 31, 2014	1,666,667

STOCK PURCHASE WARRANTS - Summa

STOCK PURCHASE WARRANTS - Summary of options and warrants (Details)	12 Months Ended
	Dec. 31, 2014USD ($)$ / sharesshares
Notes to Financial Statements
Exercise Price	$ 0.06
Warrants Outstanding | $	$ 1,666,667
Warrants Outstanding - Weighted Average Remaining Contractual Life (in years)	4 years 6 months 5 days
Warrants Outstanding - Weighted Average Exercise Price	$ 0.06
Warrants Exercisable | shares	1,666,667
Warrants Exercisable - Weighted Average Exercise Price	$ 0.06