Astika (ASKH) 10-Q 5 Sep 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 31, 2019
Details
Registrant CIK	0001511161
Fiscal Year End	--12-31
Registrant Name	ASTIKA HOLDINGS INC.
SEC Form	10-Q
Period End date	Jun. 30, 2019
Tax Identification Number (TIN)	27-4601693
Number of common stock shares outstanding		29,890,066
Filer Category	Non-accelerated Filer
Current with reporting	No
Interactive Data Current	No
Shell Company	true
Small Business	true
Emerging Growth Company	false
Entity Incorporation, State or Country Code	FL
Entity File Number	000-54855
Entity Address, Address Line One	Level 1
Entity Address, Address Line Two	725 Rosebank Road
Entity Address, City or Town	Avondale
Entity Address, Postal Zip Code	1348
Entity Address, Country	NZ
City Area Code	(64)
Local Phone Number	9 929 0502
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Document Quarterly Report	true
Document Transition Report	false

Balance Sheets

Balance Sheets - USD ($)	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Cash	$ 0	$ 0
TOTAL ASSETS	0	0
Current Liabilities
Accounts payable and accrued liabilities	83,102	115,325
Loan payable and accrued interest	3,627	3,589
Due to related party	58,828	5,807
Total Current Liabilities	145,557	124,721
Stockholders' Deficit
Preferred Stock: 10,000,000 shares authorized; par value $0.001; 2,090,000 shares issued and outstanding as of June 30, 2019 and December 31, 2018	2,090	2,090
Common Stock: 140,000,000 shares authorized; par value $0.001; 29,890,066 shares issued and outstanding as of June 30, 2019 and December 31, 2018	29,890	29,890
Additional paid-in capital	471,595	471,595
Accumulated deficit	(649,132)	(628,296)
Total Stockholders' Deficit	(145,557)	(124,721)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 0	$ 0

Balance Sheets - Parenthetical

Balance Sheets - Parenthetical - $ / shares	Jun. 30, 2019	Dec. 31, 2018
Details
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Issued	2,090,000	2,090,000
Preferred Stock, Shares Outstanding	2,090,000	2,090,000
Common Stock, Shares Authorized	140,000,000	140,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares, Issued	29,890,066	29,890,066
Common Stock, Shares, Outstanding	29,890,066	29,890,066

Statements of Operations

Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
REVENUE
TOTAL REVENUE	$ 0	$ 0	$ 0	$ 0
OPERATING EXPENSES
General and administrative	15,440	7,667	20,799	19,283
Total Operating Expenses	15,440	7,667	20,799	19,283
OPERATING LOSS	(15,440)	(7,667)	(20,799)	(19,283)
OTHER INCOME (EXPENSE)
Interest expense, net	(19)	(18)	(37)	(35)
Total Other Income (Expense)	(19)	(18)	(37)	(35)
NET LOSS	$ (15,459)	$ (7,685)	$ (20,836)	$ (19,318)
BASIC AND DILUTED NET LOSS PER COMMON SHARE	$ 0	$ 0	$ 0	$ 0
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	29,890,066	29,890,066	29,890,066	29,890,066

Statements of Changes in Stockh

Statements of Changes in Stockholders' Deficit - USD ($)	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Total
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2017	$ 2,090	$ 29,890	$ 471,595	$ (572,775)	$ (69,200)
Shares, Outstanding, Beginning Balance at Dec. 31, 2017	2,090,000	29,890,066
Net loss				(11,634)	(11,634)
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 31, 2018	$ 2,090	$ 29,890	471,595	(584,409)	(80,834)
Shares, Outstanding, Ending Balance at Mar. 31, 2018	2,090,000	29,890,066
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2017	$ 2,090	$ 29,890	471,595	(572,775)	(69,200)
Shares, Outstanding, Beginning Balance at Dec. 31, 2017	2,090,000	29,890,066
Net loss					(19,318)
Stockholders' Equity Attributable to Parent, Ending Balance at Jun. 30, 2018	$ 2,090	$ 29,890	471,595	(592,094)	(88,519)
Shares, Outstanding, Ending Balance at Jun. 30, 2018	2,090,000	29,890,066
Stockholders' Equity Attributable to Parent, Beginning Balance at Mar. 31, 2018	$ 2,090	$ 29,890	471,595	(584,409)	(80,834)
Shares, Outstanding, Beginning Balance at Mar. 31, 2018	2,090,000	29,890,066
Net loss				(7,685)	(7,685)
Stockholders' Equity Attributable to Parent, Ending Balance at Jun. 30, 2018	$ 2,090	$ 29,890	471,595	(592,094)	(88,519)
Shares, Outstanding, Ending Balance at Jun. 30, 2018	2,090,000	29,890,066
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2018	$ 2,090	$ 29,890	471,595	(628,296)	(124,721)
Shares, Outstanding, Beginning Balance at Dec. 31, 2018	2,090,000	29,890,066
Net loss				(5,377)	(5,377)
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 31, 2019	$ 2,090	$ 29,890	471,595	(633,673)	(130,098)
Shares, Outstanding, Ending Balance at Mar. 31, 2019	2,090,000	29,890,066
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2018	$ 2,090	$ 29,890	471,595	(628,296)	(124,721)
Shares, Outstanding, Beginning Balance at Dec. 31, 2018	2,090,000	29,890,066
Net loss					(20,836)
Stockholders' Equity Attributable to Parent, Ending Balance at Jun. 30, 2019	$ 2,090	$ 29,890	471,595	(649,132)	(145,557)
Shares, Outstanding, Ending Balance at Jun. 30, 2019	2,090,000	29,890,066
Stockholders' Equity Attributable to Parent, Beginning Balance at Mar. 31, 2019	$ 2,090	$ 29,890	471,595	(633,673)	(130,098)
Shares, Outstanding, Beginning Balance at Mar. 31, 2019	2,090,000	29,890,066
Net loss				(15,459)	(15,459)
Stockholders' Equity Attributable to Parent, Ending Balance at Jun. 30, 2019	$ 2,090	$ 29,890	$ 471,595	$ (649,132)	$ (145,557)
Shares, Outstanding, Ending Balance at Jun. 30, 2019	2,090,000	29,890,066

Statements of Cash Flows

Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (20,836)	$ (19,318)
Changes in Operating assets & liabilities
(Increase) decrease in prepaid expenses	0	42,101
Increase (decrease) in accounts payable and accrued liabilities	(32,185)	8,910
Net Cash Provided by (Used in) Operating Activities	(53,021)	31,693
CASH FLOWS FROM FINANCING ACTIVITIES
Payback to related party	0	(42,101)
Due to releted party	53,021	10,408
Net cash provided by Financing Activities	53,021	(31,693)
NET INCREASE IN CASH	0	0
CASH AT BEGINNING OF PERIOD	0	0
CASH AT END OF PERIOD	0	0
CASH PAID FOR:
Interest	0	0
Income taxes	$ 0	$ 0

NOTE 1 - DESCRIPTION OF BUSINES

NOTE 1 - DESCRIPTION OF BUSINESS	6 Months Ended
	Jun. 30, 2019
Notes
NOTE 1 - DESCRIPTION OF BUSINESS	NOTE 1 - DESCRIPTION OF BUSINESS Astika Holdings, Inc. (the “Company”, “we”, “us”, “our”), is a Florida corporation in the development stage. The Company is refocusing and preparing to relaunch the Company through a variety of strategic acquisitions in the textile, service, and industrial sectors to complement and capture the next wave of growth companies from Asia and New Zealand.

NOTE 2- GOING CONCERN ANALYSIS

NOTE 2- GOING CONCERN ANALYSIS AND MANAGEMENT PLANS	6 Months Ended
	Jun. 30, 2019
Notes
NOTE 2- GOING CONCERN ANALYSIS AND MANAGEMENT PLANS	NOTE 2 - GOING CONCERN ANALYSIS AND MANAGEMENT PLANS The Company’s unaudited interim financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has an accumulated deficit and no cash flows from operating activities as of June 30, 2019. The Company has not yet established an ongoing source of revenue sufficient to cover its operating costs and allow it to continue as a going concern. The ability of the Company to continue as a going concern depends on the Company’s ability to obtain adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern. In order to continue as a going concern, the Company will need, among other things, additional capital. Management’s plans focus on a variety of strategic acquisitions in service, agriculture and industrial companies to complement Astika Holdings, Inc.’s business. The Company is positioning to capture the next wave of growth companies from Asia. The Company’s planned focus is also on adding value through successful project development, efficient operations, and opportunistic acquisitions while maintaining a low risk profile through project diversification, astute financial management and operating in secure jurisdictions. Management’s plan to obtain such resources for the Company include (i) obtaining sufficient capital from management and significant stockholders to meet its minimal operating expenses; (ii) obtaining funding from outside sources through the sale of its debt and/or equity securities; and (iii) completing a merger with or acquisition of an existing operating company. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. The accompanying financial statements do not include any adjustments that might result from this uncertainty.

NOTE 3 - SUMMARY OF SIGNIFICANT

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2019
Notes
NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The accompanying unaudited interim financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission for the presentation of interim financial information, but do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. The accompanying financial statements should be read in conjunction with the December 31, 2018 financial statements that were filed in our annual report on Form 10-K. In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation have been included. The operating results for interim periods are not necessarily indicative of results that may be expected for any other interim period or for the year ended December 31, 2019. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Stock-Based Compensation We recognize compensation cost for stock-based awards to employees in accordance with ASC Topic 718, over the requisite service period for each separately vesting tranche, as if multiple awards were granted. Compensation cost is based on grant-date fair value using quoted market prices for our common stock. We recognize compensation cost for stock-based awards to nonemployees in accordance with ASC Topic 505. Basic and diluted loss per share The Company computes earnings per share in accordance with ASC 260, “Earnings Per Share” (ASC 260). Under the provisions of ASC 260, basic earnings per share is computed by dividing the net income (loss) for the period by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing the net income (loss) for the period by the weighted average number of common and potentially dilutive shares of common stock outstanding during the period. The Company had net losses as of June 30, 2019 and 2018, and as such, the diluted earnings per share excludes all dilutive potential shares because their effect is anti-dilutive. Related Parties Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal with if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. Fair Value of Financial Instruments ASC 820, “Fair Value Measurements” (ASC 820) and ASC 825, “Financial Instruments” (ASC 825) , Level 1 – quoted prices in active markets for identical assets or liabilities. Level 2 – quoted prices for similar assets and liabilities in active markets or inputs that are observable. Level 3 – inputs that are unobservable (for example cash flow modeling inputs based on assumptions). The carrying values of cash, accounts payable, and accrued liabilities approximate fair value. Pursuant to ASC 820 and 825, the fair value of cash is determined based on "Level 1" inputs, which consist of quoted prices in active markets for identical assets. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. Recent accounting pronouncements Management does not believe that any recently issued, but not yet effective accounting pronouncements will have a material effect on the accompanying financial statements.

NOTE 4 - LOAN TRANSACTION

NOTE 4 - LOAN TRANSACTION	6 Months Ended
	Jun. 30, 2019
Notes
NOTE 4 - LOAN TRANSACTION	NOTE 4 - LOAN TRANSACTION The Company purchased a recorded music compilation from EuGene Gant for a purchase price of $5,000 pursuant to a Bill of Sale and Assignment dated June 15, 2012, an Exclusive Songwriter Agreement dated June 15, 2012, and a Promissory Note that the Company concurrently executed and delivered to Mr. Gant on the same date. The Company made a payment to Mr. Gant in the amount of $1,000 on June 15, 2012 and $2,000 on October 1, 2012, and $1,000 on June 15, 2013, and the remaining $1,000 principal amount under Promissory Note bears interest at five percent (5%) per annum, and there is one remaining principal installment payment in the amount of $1,162 due. Accrued and unpaid interest on the Promissory Note is also due in the amount of $37 for the six-months ended June 30, 2019, and $35 for the six-months ended June 30, 2018. As of June 30, 2019 and December 31, 2018, total outstanding short-term debt was $1,527 and $1,490, respectively. The note matured on June 15, 2013 and the loan is currently in default. On October 22, 2015, Artfield Investment paid $2,100 in expenses on behalf of the Company. This loan is unsecured, due on demand, and carries no interest. As of June 30, 2019 and December 31, 2018, the total amount owed was $2,100 and $2,100, respectively.

NOTE 5 - RELATED PARTY TRANSACT

NOTE 5 - RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2019
Notes
NOTE 5 - RELATED PARTY TRANSACTIONS	NOTE 5 - RELATED PARTY TRANSACTIONS The Company has entered into transactions with the related party, IQ Acquisition (NY), Ltd, owned by Mr. Richards, the CEO of the Company. IQ Acquisition (NY), Ltd, the major shareholder of the Company, has paid expenses on behalf of the Company in the amount of $53,021 and $10,408 during the six months ended June 30, 2019 and 2018, respectively. The Company reimbursed IQ acquisition (NY) in the amount of $0 and $42,101 during the six-months ended June 30, 2019 and 2018, respectively. The balance due to related party as of June 30, 2019 and December 31, 2018 was $58,828 and $5,807, respectively. The advances are unsecured, payable on demand, and carry no interest.

NOTE 6 - EQUITY TRANSACTIONS

NOTE 6 - EQUITY TRANSACTIONS	6 Months Ended
	Jun. 30, 2019
Notes
NOTE 6 - EQUITY TRANSACTIONS	NOTE 6 - EQUITY TRANSACTIONS The Company has authorized 10,000,000 shares of Preferred Stock and 140,000,000 shares of Common Stock at par value of $0.001. As of June 30, 2019 and December 31, 2018, the Company had 29,890,066 and 29,890,066 shares of common stock, and 2,090,000 and 2,090,000 preferred shares, issued and outstanding, respectively. During the six months ended June 30, 2019 and 2018, the Company did not issue any additional shares of common stock. As of June 30, 2019, no preferred shares have been converted to shares of common stock.

NOTE 7 - CONVERTIBLE PREFERRED

NOTE 7 - CONVERTIBLE PREFERRED STOCK	6 Months Ended
	Jun. 30, 2019
Notes
NOTE 7 - CONVERTIBLE PREFERRED STOCK	NOTE 7 - CONVERTIBLE PREFERRED STOCK In December 2017, the Company issued 1,210,000 shares of its Series B convertible preferred stock at a price of $0.30 per share for gross proceeds of $363,000 and issued 380,000 shares of its Series B convertible preferred stock at a price of $0.40 per share for gross proceeds of $152,000. In December 2017, the Company also issued 500,000 shares of its Series B convertible preferred stock to a third party as compensation, totaling $160,000, for his consulting services. The Series B shareholders are entitled, at their option, at any time after the issuance of the Series B convertible preferred stock, to convert all or any lesser portion of their shares into the Company’s common stock at a conversion ratio 0.2 and at a price of $1.59 per share. The holders of the Series B convertible preferred stock have the following rights and privileges: Optional Conversion Rights Each share of Series B convertible preferred stock is convertible at the option of the holder into 0.2 shares of common stock at a price of $1.59 per share. The conversion price per share for the convertible preferred stock shall be adjusted for certain recapitalizations, splits, combinations, common stock dividends or as set forth in the Company’s amended and restated certificate of incorporation. As of June 30, 2019, none of the Series B convertible preferred stock has been converted to common stock. Voting Rights Each share of convertible preferred stock has 0.2 votes equal to the number of shares of common stock into which it is convertible. Redemption Rights There are no redemption rights afforded to the holders of convertible preferred stock. Upon certain change in control events that are outside of the Company’s control, including liquidation, sale or transfer of control of the Company, the convertible preferred stock is contingently redeemable. The holders of the Series B convertible preferred stock are not entitled to receive dividends and have the same liquidation rights that are possessed by the holders of the Company’s common stock. The Company evaluated whether or not the Series B convertible preferred stock above contained embedded conversion options, which meet the definition of derivatives under ASC Topic 815. The Company concluded that since the above convertible preferred shares had a fixed conversion rate, the convertible preferred shares were not derivative instruments. The convertible preferred shares were analyzed to determine if the convertible preferred shares have an embedded beneficial conversion feature (BCF). Based on this analysis, the Company concluded that the effective conversion price was greater than the fair value of the Company’s common stock on the issuance dates and therefore no BCF was recorded. The Company recorded its convertible preferred stock at fair value on the dates of issuance, net of issuance costs. The total fair value of the convertible preferred stock on the date of issuance and as of June 30, 2019 was $201,809. As of June 30, 2019, there are a total of 2,090,000 shares of Series B convertible preferred stock authorized, issued and outstanding.

NOTE 8 - SUBSEQUENT EVENTS

NOTE 8 - SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2019
Notes
NOTE 8 - SUBSEQUENT EVENTS	NOTE 8 - SUBSEQUENT EVENTS The Company has evaluated subsequent events that have occurred after the date of the balance sheet through the date of issuance of these financial statements and determined that no subsequent event requires recognition or disclosure to the financial statements.

NOTE 3 - SUMMARY OF SIGNIFICA_2

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2019
Policies
Basis of Presentation	Basis of presentation The accompanying unaudited interim financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission for the presentation of interim financial information, but do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. The accompanying financial statements should be read in conjunction with the December 31, 2018 financial statements that were filed in our annual report on Form 10-K. In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation have been included. The operating results for interim periods are not necessarily indicative of results that may be expected for any other interim period or for the year ended December 31, 2019.

NOTE 3 - SUMMARY OF SIGNIFICA_3

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Use of Estimates (Policies)	6 Months Ended
	Jun. 30, 2019
Policies
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

NOTE 3 - SUMMARY OF SIGNIFICA_4

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Stock-Based Compensation (Policies)	6 Months Ended
	Jun. 30, 2019
Policies
Stock-Based Compensation	Stock-Based Compensation We recognize compensation cost for stock-based awards to employees in accordance with ASC Topic 718, over the requisite service period for each separately vesting tranche, as if multiple awards were granted. Compensation cost is based on grant-date fair value using quoted market prices for our common stock. We recognize compensation cost for stock-based awards to nonemployees in accordance with ASC Topic 505.

NOTE 3 - SUMMARY OF SIGNIFICA_5

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Basic and diluted loss per share (Policies)	6 Months Ended
	Jun. 30, 2019
Policies
Basic and diluted loss per share	Basic and diluted loss per share The Company computes earnings per share in accordance with ASC 260, “Earnings Per Share” (ASC 260). Under the provisions of ASC 260, basic earnings per share is computed by dividing the net income (loss) for the period by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing the net income (loss) for the period by the weighted average number of common and potentially dilutive shares of common stock outstanding during the period. The Company had net losses as of June 30, 2019 and 2018, and as such, the diluted earnings per share excludes all dilutive potential shares because their effect is anti-dilutive.

NOTE 3 - SUMMARY OF SIGNIFICA_6

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Recent accounting pronouncements (Policies)	6 Months Ended
	Jun. 30, 2019
Policies
Recent accounting pronouncements	Recent accounting pronouncements Management does not believe that any recently issued, but not yet effective accounting pronouncements will have a material effect on the accompanying financial statements.

NOTE 3 - SUMMARY OF SIGNIFICA_7

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Related Parties (Tables)	6 Months Ended
	Jun. 30, 2019
Tables/Schedules
Related Parties	Related Parties Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal with if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.

NOTE 3 - SUMMARY OF SIGNIFICA_8

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2019
Tables/Schedules
Fair Value of Financial Instruments	Fair Value of Financial Instruments ASC 820, “Fair Value Measurements” (ASC 820) and ASC 825, “Financial Instruments” (ASC 825) , Level 1 – quoted prices in active markets for identical assets or liabilities. Level 2 – quoted prices for similar assets and liabilities in active markets or inputs that are observable. Level 3 – inputs that are unobservable (for example cash flow modeling inputs based on assumptions). The carrying values of cash, accounts payable, and accrued liabilities approximate fair value. Pursuant to ASC 820 and 825, the fair value of cash is determined based on "Level 1" inputs, which consist of quoted prices in active markets for identical assets. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.

NOTE 4 - LOAN TRANSACTION (Deta

NOTE 4 - LOAN TRANSACTION (Details) - USD ($)	1 Months Ended			12 Months Ended
	Jun. 30, 2013	Oct. 31, 2012	Jun. 30, 2012	Dec. 31, 2012	Jun. 30, 2019	Dec. 31, 2018
Loan payable and accrued interest					$ 3,627	$ 3,589
Bill of Sale and assignment
Proceeds from Short-term Debt				$ 5,000
Repayments of Short-term Debt	$ 1,000	$ 2,000	$ 1,000
Loan payable and accrued interest					1,527	1,490
Artfield Investment - October 22, 2015
Loan payable and accrued interest					$ 2,100	$ 2,100

NOTE 5 - RELATED PARTY TRANSA_2

NOTE 5 - RELATED PARTY TRANSACTIONS (Details) - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Repayments of Other Debt	$ 0	$ 42,101
Entity owned by the CEO
Expense paid by related party on behalf of the company	53,021	10,408
Repayments of Other Debt	0	$ 42,101
Due to Related Parties, Current	$ 58,828		$ 5,807

NOTE 6 - EQUITY TRANSACTIONS (D

NOTE 6 - EQUITY TRANSACTIONS (Details) - $ / shares	Jun. 30, 2019	Dec. 31, 2018
Details
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Common Stock, Shares Authorized	140,000,000	140,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares, Issued	29,890,066	29,890,066
Common Stock, Shares, Outstanding	29,890,066	29,890,066
Preferred Stock, Shares Issued	2,090,000	2,090,000
Preferred Stock, Shares Outstanding	2,090,000	2,090,000

NOTE 7 - CONVERTIBLE PREFERRE_2

NOTE 7 - CONVERTIBLE PREFERRED STOCK (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Jun. 30, 2019	Dec. 31, 2018
Preferred Stock, Shares Issued		2,090,000	2,090,000
Fair Value of Convertible Preferred Stock		$ 201,809
Preferred B Shares Issued 12/14/17 - 1
Preferred Stock, Shares Issued	1,210,000
Proceeds from Issuance of Convertible Preferred Stock	$ 363,000
Preferred B Shares Issued 12/14/17 - 2
Preferred Stock, Shares Issued	380,000
Proceeds from Issuance of Convertible Preferred Stock	$ 152,000
Preferred B Shares Issued 12/14/17 - 3
Preferred Stock, Shares Issued	500,000
Proceeds from Issuance of Convertible Preferred Stock	$ 160,000

NOTE 7 - CONVERTIBLE PREFERRE_3

NOTE 7 - CONVERTIBLE PREFERRED STOCK - Parenthetical (Details) - shares	Jun. 30, 2019	Dec. 31, 2018
Details
Preferred Stock, Shares Issued	2,090,000	2,090,000
Preferred Stock, Shares Outstanding	2,090,000	2,090,000