Astika (ASKH) 10-K 8 Nov 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015
Document and Entity Information:
Entity Registrant Name	ASTIKA HOLDINGS INC.
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Entity Central Index Key	1,511,161
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding	11,626,857
Entity Public Float		$ 0
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	No
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	askh

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Prepaid expenses	$ 2,051
Due from related party		$ 10,031
Total current assets	2,051	10,031
Other assets:
Total assets	2,051	10,031
Current liabilities:
Accounts payable and accrued expenses	71,365	18,615
Loan payable and accrued interest	3,385	1,222
Due to related parties	21,319
Convertible note and accrued interest	26,855	31,500
Derivative liability	20,225
Total current liabilities	143,149	51,337
Total liabilities	143,149	51,337
Stockholders' equity (deficit)
Preferred stock value
Common stock value	11,627	11,078
Additional paid-in capital	126,916	112,782
Retained earnings (deficit)	(279,641)	(165,166)
Total stockholders' equity (deficit)	(141,098)	(41,306)
Total liabilities and stockholders' equity (deficit)	$ 2,051	$ 10,031

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Balance Sheet
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	140,000,000	140,000,000
Common stock, shares issued	11,626,857	11,077,750
Common stock, shares outstanding	11,626,857	11,077,750

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating expenses:
Selling, general and administrative	$ 84,149	$ 34,701
Amortization of intangible assets		344
Impairment of long lived assets		6,387
Total operating expenses	84,149	41,432
Operating income (loss)	(84,149)	(41,432)
Other income (expense):
Interest expense, net	34,529	60
Gain on change in fair value of derivative	4,203
Total other income (expense)	(30,326)	(60)
Net income (loss)	$ (114,475)	$ (41,492)
Net income (loss) per share - basic and diluted	$ (0.01)	$ 0
Weighted average number of common shares outstanding - basic and diluted	11,121,378	11,077,750

Statement of Stockholders' Equi

Statement of Stockholders' Equity (Deficit) - USD ($)	Common Stock	Additional Paid-in Capital	Retained Earnings (Deficit)	Total Stockholders' Equity (Deficit)
Beginning Balance, shares at Dec. 31, 2013	11,077,750
Beginning Balance, amount at Dec. 31, 2013	$ 11,078	$ 112,782	$ (123,674)	$ 186
Net income (loss) for the period			(41,492)	(41,492)
Ending Balance, shares at Dec. 31, 2014	11,077,750
Ending Balance, amount at Dec. 31, 2014	$ 11,078	112,782	(165,166)	(41,306)
Common stock issued for debt conversion, shares	549,107
Common stock issued for debt conversion, value	$ 549	7,062		7,611
Resolution of derivative liabilities		7,072		7,072
Net income (loss) for the period			(114,475)	(114,475)
Ending Balance, shares at Dec. 31, 2015	11,626,857
Ending Balance, amount at Dec. 31, 2015	$ 11,627	$ 126,916	$ (279,641)	$ (141,098)

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating activities
Net income (loss)	$ (114,475)	$ (41,492)
Adjustments to reconcile net loss to net cash used by operating activities:
Amortization of debt discount	31,500
Gain on change in fair value of derivative	4,203
Bad debt expense		20
Amortization of intangible assets		344
Depreciation		560
Impairment of long lived assets		6,387
Interest expense, net	34,529	60
Changes in operating assets and liabilities:
(Increase) decrease in prepaid expenses	(2,051)
(Increase) decrease in related party advances	10,031
Increase (decrease) in related party payables		21,469
Increase (decrease) in accounts payable and accrued expenses	79,198	12,652
Cash flows from financing activities
Net increase (decrease) in cash
Cash - beginning of the period
Cash - ending of the period
Supplemental disclosures
Interest paid
Income taxes paid
Non-cash investing and financing activities
Resolution of derivative liabilities	7,072
Common stock issued for debt conversion, value	7,611
Convertible debt issued for repayment of related party payables and advance to related party		$ 31,500
Discount on convertible debt	31,500
Loan payable for expenses paid directly by unrelated party	2,100
Expenses paid by related party on behalf of the company	$ 21,319

Description of Business Disclos

Description of Business Disclosure	12 Months Ended
	Dec. 31, 2015
Notes
Description of Business Disclosure	NOTE 1 - DESCRIPTION OF BUSINESS Astika Holdings, Inc. (the “Company”, “we”, “us”, “our”), Astika Holdings, Inc., a Florida corporation, 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. Astika is focused 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. Rapid economic growth and increased foreign investment sector companies poised for accelerated growth with national modernization are the planned centerpieces for Astika Holdings in Asia. On September 26, 2014 the company dissolved its subsidiary Astika Music Entertainment, Inc. The dissolution was in response to the change in the nature of business operations.

Going Concern Disclosure

Going Concern Disclosure	12 Months Ended
	Dec. 31, 2015
Notes
Going Concern Disclosure	NOTE 2 - GOING CONCERN The Company’s financial statements are prepared using accounting principles generally accepted 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 a working capital deficit and recurring net losses and 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 is dependent on the Company obtaining 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 resources. Management’s plans focus is on a variety of strategic acquisitions in service, agriculture and industrial companies to compliment and grow Astika Holdings, Inc.’s business. The Company is positioning to capture the next wave of growth companies from Asia. As the centerpieces for Astika Holdings in Asia, the focus is on rapid economic growth and increased foreign investment sector companies which management believes is poised for accelerated economic growth with national modernization. Astika’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 capital from management and significant stockholders sufficient 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.

Significant Accounting Policies

Significant Accounting Policies Disclosures	12 Months Ended
	Dec. 31, 2015
Notes
Significant Accounting Policies Disclosures	NOTE 3 - SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying consolidated financial statements have been prepared by the Company. The Company’s consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). The consolidated financial statements of the Company include the Company and its sole subsidiary. All material inter-company balances and transactions have been eliminated. Cash and Cash Equivalents The Company considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. At December 31, 2015 and 2014, the Company has no cash equivalents. 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. Property The Company does not own or rent property. The office space is provided by an officer at no charge to the Company. Related Party Transactions The Company follows Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 850-10-50 disclosure requirements for related party relationships and transactions. Impairment on Long-Lived Assets and Other Acquired Intangible Assets We evaluate the recoverability of property and equipment and amortizable intangible assets for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable. Recoverability of these assets is measured by a comparison of the carrying amounts to the future non-discounted cash flows the assets are expected to generate. If such review indicates that the carrying amount of property and equipment and intangible assets is not recoverable, the carrying amount of such assets is reduced to fair value. In addition to the recoverability assessment, we routinely review the remaining estimated useful lives of property and equipment and amortizable intangible assets. If we reduce the estimated useful life assumption for any asset, the remaining unamortized balance would be amortized or depreciated over the revised estimated useful life. Advertising Costs Advertising costs are expensed as incurred. Earnings (Loss) Per Share The Company computes earnings per share in accordance with ASC 260, “Earnings Per Share”. 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 common shares 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 common shares outstanding during the period. There were no potentially dilutive common shares outstanding during the periods. Consolidation The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires the Company to make assumptions, estimates and judgments that affect the amounts reported in these consolidated financial statements, including the notes thereto, and related disclosures of commitments and contingencies, if any. On September 26, 2014 the company dissolved its subsidiary Astika Music Entertainment, Inc. The dissolution was in response to the change in the nature of business operations. 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. Income Taxes The Company accounts for income taxes as outlined in ASC 740, “Income Taxes”. Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. Accounting for Derivative Instruments The Company accounts for derivative instruments in accordance with ASC Topic 815, “Derivatives and Hedging” (ASC 815) and all derivative instruments are reflected as either assets or liabilities at fair value in the consolidated balance sheet. The Company uses estimates of fair value to value its derivative instruments. Fair value is defined as the price to sell an asset or transfer a liability in an orderly transaction between willing and able market participants. In general, the Company's policy in estimating fair values is to first look at observable market prices for identical assets and liabilities in active markets, where available. When these are not available, other inputs are used to model fair value such as prices of similar instruments, yield curves, volatilities, prepayment speeds, default rates and credit spreads (including for the Company's liabilities), relying first on observable data from active markets. Additional adjustments may be made for factors including liquidity, credit, bid/offer spreads, etc., depending on current market conditions. Transaction costs are not included in the determination of fair value. When possible, the Company seeks to validate the model's output to market transactions. Depending on the availability of observable inputs and prices, different valuation models could produce materially different fair value estimates. The values presented may not represent future fair values and may not be realizable. The Company categorizes its fair value estimates in accordance with ASC 820 based on the hierarchical framework associated with the three levels of price transparency utilized in measuring financial instruments at fair value as discussed above. Changes in fair value are recognized in the period incurred as either gains or losses. Fair Value of Financial Instruments ASC 820, “Fair Value Measurements” (ASC 820) and ASC 825, “Financial Instruments” (ASC 825), requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level 1 - Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 - Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 - Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. 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. The following table sets forth by level within the fair value hierarchy the Company's financial assets and liabilities that are measured at fair value on a recurring basis at December 31, 2015: Level 1 Level 2 Level 3 Total Liabilities: Derivative financial instruments $ $ $ 20,225 $ 20,225

Equity Transactions Disclosure

Equity Transactions Disclosure	12 Months Ended
	Dec. 31, 2015
Notes
Equity Transactions Disclosure	NOTE 4 - 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. At December 31, 2015 and 2014, the Company had 11,626,857 and 11,077,750, shares of common stock issued and outstanding, respectively. No preferred shares have been issued. On December 3, 2015, the Company issued 549,107 common shares in the conversion of $7,611 ($7,000 principal and $611 interest) in debt to LG Capital Funding, LLC at $0.014 per share, as calculated per the loan agreement. (See Note 6 - Convertible Note Payable and Note 7 - Derivative Liability).

Loan Transactions Disclosure

Loan Transactions Disclosure	12 Months Ended
	Dec. 31, 2015
Notes
Loan Transactions Disclosure	NOTE 5 - LOAN TRANSACTIONS 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 him 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 there is one remaining principal installment payment in the amount of $1,000 due, which should mature by June 15, 2013, and currently are in default. This remaining $1,000 principal amount under Promissory Note bears interest at five percent (5%) per annum. Accrued and unpaid interest on the Promissory Note is also due in the amount of $63 as of December 31, 2015, and $60 as of December 31, 2014. As of December 31, 2015, total outstanding short-term debt is $1,285, and $1,222 as of December 31, 2014. 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. At December 31, 2015 and 2014, the total owing was $2,100 and $0, respectively.

Convertible Note Payable Disclo

Convertible Note Payable Disclosure	12 Months Ended
	Dec. 31, 2015
Notes
Convertible Note Payable Disclosure	NOTE 6 - CONVERTIBLE NOTE PAYABLE During the audit of the Company’s consolidated financial statements for the year ended December 31, 2015, the Company identified an error in the accounting and presentation of the advances due to related party. The advances due to related party should have been shown as $0 and there should have been a convertible note payable in the amount of $31,500 presented. This resulted in an adjustment to the previously reported amounts in the financial statements of the Company for the year ended December 31, 2014. In accordance with the SEC's Staff Accounting Bulletin Nos. 99 and 108 (SAB 99 and SAB 108), the Company evaluated this error and, based on an analysis of quantitative and qualitative factors, determined that the error was immaterial to the prior reporting period affected. However, if the adjustments to correct the cumulative effect of the above error had been recorded in the year ended December 31, 2014, the Company believes the impact would have been significant and would impact comparisons to prior periods. Therefore, as permitted by SAB 108, the Company corrected, in the current filing, previously reported results for of the Predecessor for the year ended December 31, 2014 (see Note 11). During October 2014, the Company issued an 8.0% convertible debenture for $31,500 in cash. The cash was paid directly to an officer of the Company to cover expenses previously paid by the officer on behalf of the Company of $21,469 and as an advance to the officer for future expenses paid on behalf of the Company in 2015 of $10,031. The convertible debenture accrues interest at 8.0% per annum, is unsecured, due in one year from the date of issuance and is convertible into shares of the Company’s common stock after 180 days at the option of the holder at a rate equal to 55% of the lowest trading price of the Company’s common stock out of the last 20 trading trades including the date of conversion. During December 2015, the holder of the convertible debenture elected to convert $7,000 in principal and $611 of accrued interest into 549,107 shares of the Company’s common stock, or a conversion price of $0.014 per share. As a result of the variable conversion rate, the conversion option embedded in this instrument is classified as a liability in accordance with ASC 815 as of the date the note became convertible in 2015 and the Company recognized a debt discount of $31,500 (see Note 7). During the year ended December 31, 2015, the Company recognized $31,500 of interest expense from the amortization of the debt discount. Per the convertible agreement, upon an event of default, interest shall accrue at a default rate of 24% per annum or, if that rate is exorbitant or not permitted by current law, then at the highest rate of interest permitted by law. As of December 31, 2015, the loan was in default.

Derivative Liability Disclosure

Derivative Liability Disclosure	12 Months Ended
	Dec. 31, 2015
Notes
Derivative Liability Disclosure	NOTE 7 - DERIVATIVE LIABILITY The Company analyzed the conversion option embedded in the convertible debenture for derivative accounting consideration under ASC 815 and determined that the embedded instrument should be classified as a liability and recorded at fair value due to the variable conversion prices. The fair value of the conversion option was determined to be $52,267 as of the issuance date using a Black-Scholes option-pricing model. Upon the date of issuance of the convertible debenture, $31,500 was recorded as debt discount and $20,767 was recorded as day one loss on derivative liability. During December 2015, the holder of the convertible debenture elected to convert $7,000 in principal of the convertible debenture and $611 accrued interest into 549,107 shares of the Company’s common stock. As a result, $7,072 of derivative liability was extinguished through a charge to paid-in capital and $20,043 was recorded as a gain on mark-to-market of the conversion option. During the year ended December 31, 2015, $4,203 was recorded as a net gain on mark-to-market of the conversion options. The following table summarizes the derivative liability included in the balance sheet at December 31, 2015: Balance, December 31, 2014 $ -- Day one loss due to convertible debentures 20,767 Debt discount 31,500 Reclassification of derivative liability to paid-in capital (7,072) Gains on change in fair value (24,970) Balance, December 31, 2015 $ 20,225 The following table summarizes the loss on derivative liability included in the income statement for the period ended December 31, 2015: Day one loss due to convertible debt $ (20,767) Gain on change in fair value 24,970 Gain on derivative liability $ 4,203 The Company valued its derivatives liability using the Black-Scholes option-pricing model. Assumptions used during the year ended December 31, 2015 include (1) risk-free interest rates of between 0.01% and 0.17%, (2) lives of between 0.12 and 0.51 years, (3) expected volatility of between 8% and 290%, (4) zero expected dividends, (5) conversion prices as set forth in the related instruments, and (6) the common stock price of the underlying share on the valuation dates.

Related Party Transaction Discl

Related Party Transaction Disclosure	12 Months Ended
	Dec. 31, 2015
Notes
Related Party Transaction Disclosure	NOTE 8 - RELATED PARTY TRANSACTION 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 $31,350 and $21,469 during December 31, 2015 and 2014, respectively. Of the $31,350 paid on behalf of the Company $10,031 of the expenses paid on behalf of the Company reduced the due from related party which represented the overpayment of due to related party payable as of December 31, 2014, see Note 11. The balance due to related party as of December 31, 2015 and 2014 was $21,319 and $0, respectively. The advances are payable on demand and carry no interest. During the audit of the Company’s consolidated financial statements for the year ended December 31, 2015, the Company identified an error in the accounting and presentation of the advances due to related party in 2014. The advances due to related party should have been shown as $0 and there should have been a convertible note payable in the amount of $31,500 presented. The proceeds from the convertible note were paid directly to the Company CEO to reduced the due to related party payable for expenses paid by the related party on behalf of the Company. There was an overpayment of $10,031 to the CEO and as such is shown as due from related party as of December 31, 2014, see Note 11. The Company does not own or rent property. The office space is provided by an officer at no charge.

Material Contracts Disclosure

Material Contracts Disclosure	12 Months Ended
	Dec. 31, 2015
Notes
Material Contracts Disclosure	NOTE 9 - MATERIAL CONTRACTS On June 15, 2012, the Company entered into a songwriter agreement with Eugene Gant, a songwriter, which provides for Mr. Gant’s employment as a staff writer on an exclusive basis to write musical compositions as works for hire for a period of two years from the date of the agreement. This agreement expired on June 15, 2014. The exclusive songwriter agreement with Eugene B. Settler dated June 16, 2012, provides for Mr. Settler’s employment as a staff writer on an exclusive basis to write musical compositions as works for hire for a period of five years from the date of the agreement. This agreement expires on June 16, 2017. During Mr. Gant’s and Mr. Settler’s tenure as songwriters for the Company, the copyrights on their entire work product will belong to the Company, in exchange for our assistance in exploiting and marketing these compositions and the payment of a writer’s fee to them ranging from 10% to 50% of the net amounts that we collect on these musical compositions. The Company is entitled to the royalties for a period 50 years from the date of the creation of any work for hire pursuant to such agreements. After the expiration of such 50-year period, the copyright on a musical composition reverts to the songwriter or his heirs or assigns. The songwriter agreement expired on June 15, 2014 and the Company did not renew. On September 26, 2014 the company dissolved its subsidiary, Astika Music Entertainment, Inc., in response to the change in the nature of business operations. On June 4, 2015, Artfield Investment RD, Inc. was contracted to provide restructuring consulting services to the Company for $45,000. Consultation fee shall be payable $22,500 in cash at the time of signing (June 4, 2015), and the remaining fee of $22,500 to be paid through unrestricted shares. The entire $45,000 was due upon signing the agreement, and was recorded as a liability. As of December 31, 2015, no shares have been issued.

Income Taxes Disclosure

Income Taxes Disclosure	12 Months Ended
	Dec. 31, 2015
Notes
Income Taxes Disclosure	NOTE 10 - INCOME TAXES The Company provides for income taxes under ASC 740, “Income Taxes”. ASC 740 requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. ASC 740 requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes for the following reasons: For the year ended December 31, 2015 For the year ended December 31, 2014 Income tax expense (asset) at statutory rate $ (96,507) $ (56,156) Valuation allowance 96,507 56,156 Income tax expense per books $ -- $ -- Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards for the year ended December 31, 2015 was $(279,641) and (165,166) for the year ended December 31, 2014, and for federal income tax reporting purposes is subject to annual limitations. Should a change in our ownership occur the net operating loss carry forwards may be limited as to their use in future years.

Correction of Prior Year Inform

Correction of Prior Year Information Disclosure	12 Months Ended
	Dec. 31, 2015
Notes
Correction of Prior Year Information Disclosure	NOTE 11 - CORRECTION OF PRIOR YEAR INFORMATION During the audit of the Company’s consolidated financial statements for the year ended December 31, 2015, the Company identified an error in the accounting and presentation of the advances due to related party in 2014. The advances due to related party should have been shown as $0 and there should have been a convertible note payable in the amount of $31,500 presented. The proceeds from the convertible note were paid directly to the Company CEO to reduce the due to related party payable for expenses paid by the related party on behalf of the Company. There was an overpayment of $10,031 to the CEO and as such is shown as due from related party as of December 31, 2014. The CEO paid expenses on behalf of the Company during the year 2015 for the overpayment of the proceeds from the convertible note, see notes 6 and 8. This resulted in an adjustment to the previously reported amounts in the financial statements of the Company for the year ended December 31, 2014. In accordance with the SEC's Staff Accounting Bulletin Nos. 99 and 108 (SAB 99 and SAB 108), the Company evaluated this error and, based on an analysis of quantitative and qualitative factors, determined that the error was immaterial to the prior reporting period affected. However, if the adjustments to correct the cumulative effect of the above error had been recorded in the year ended December 31, 2014, the Company believes the impact would have been significant and would impact comparisons to prior periods. Therefore, as permitted by SAB 108, the Company corrected, in the current filing, previously reported results for of the Predecessor for the year ended December 31, 2014. The following tables present the impact of the correction in the financial statements for the years ended December 31, 2014: As of December 31, 2014 As Previously Reported Adjustments As Restated ASSETS Due from related party $ - $ 10,031 $ 10,031 Total Current Assets - 10,031 10,031 TOTAL ASSETS - 10,031 10,031 LIABILITIES AND SHAREHOLDERS’ DEFICIT Accounts payable and accrued expenses 18,615 18,615 Loan payable 1,222 1,222 Convertible note and accrued interest - 31,500 31,500 Due to related party 21,469 (21,469) - Total Current Liabilities 41,306 10,031 51,337 Common stock 11,078 - 11,078 Additional paid-in capital 112,782 - 112,782 Accumulated deficit (165,166) - (165,166) TOTAL SHAREHOLDERS' DEFICIT (41,306) (41,306) TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT $ -- $ 10,031 $ 10,031

Significant Accounting Polici18

Significant Accounting Policies Disclosures: Basis of Presentation Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Basis of Presentation Policy	Basis of Presentation The accompanying consolidated financial statements have been prepared by the Company. The Company’s consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). The consolidated financial statements of the Company include the Company and its sole subsidiary. All material inter-company balances and transactions have been eliminated.

Significant Accounting Polici19

Significant Accounting Policies Disclosures: Cash and Cash Equivalents Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Cash and Cash Equivalents Policy	Cash and Cash Equivalents The Company considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. At December 31, 2015 and 2014, the Company has no cash equivalents.

Significant Accounting Polici20

Significant Accounting Policies Disclosures: Use of Estimates Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Use of Estimates Policy	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.

Significant Accounting Polici21

Significant Accounting Policies Disclosures: Property Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Property Policy	Property The Company does not own or rent property. The office space is provided by an officer at no charge to the Company. Related Party Transactions The Company follows Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 850-10-50 disclosure requirements for related party relationships and transactions.

Significant Accounting Polici22

Significant Accounting Policies Disclosures: Impairment On Long-lived Assets and Other Acquired Intangible Assets Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Impairment On Long-lived Assets and Other Acquired Intangible Assets Policy	Impairment on Long-Lived Assets and Other Acquired Intangible Assets We evaluate the recoverability of property and equipment and amortizable intangible assets for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable. Recoverability of these assets is measured by a comparison of the carrying amounts to the future non-discounted cash flows the assets are expected to generate. If such review indicates that the carrying amount of property and equipment and intangible assets is not recoverable, the carrying amount of such assets is reduced to fair value. In addition to the recoverability assessment, we routinely review the remaining estimated useful lives of property and equipment and amortizable intangible assets. If we reduce the estimated useful life assumption for any asset, the remaining unamortized balance would be amortized or depreciated over the revised estimated useful life.

Significant Accounting Polici23

Significant Accounting Policies Disclosures: Advertising Costs Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Advertising Costs Policy	Advertising Costs Advertising costs are expensed as incurred.

Significant Accounting Polici24

Significant Accounting Policies Disclosures: Earnings (loss) Per Share Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Earnings (loss) Per Share Policy	Earnings (Loss) Per Share The Company computes earnings per share in accordance with ASC 260, “Earnings Per Share”. 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 common shares 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 common shares outstanding during the period. There were no potentially dilutive common shares outstanding during the periods.

Significant Accounting Polici25

Significant Accounting Policies Disclosures: Consolidation Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Consolidation Policy	Consolidation The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires the Company to make assumptions, estimates and judgments that affect the amounts reported in these consolidated financial statements, including the notes thereto, and related disclosures of commitments and contingencies, if any. On September 26, 2014 the company dissolved its subsidiary Astika Music Entertainment, Inc. The dissolution was in response to the change in the nature of business operations.

Significant Accounting Polici26

Significant Accounting Policies Disclosures: Stock-based Compensation Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Stock-based Compensation Policy	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.

Significant Accounting Polici27

Significant Accounting Policies Disclosures: Income Taxes Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Income Taxes Policy	Income Taxes The Company accounts for income taxes as outlined in ASC 740, “Income Taxes”. Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.

Significant Accounting Polici28

Significant Accounting Policies Disclosures: Accounting For Derivative Instruments Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Accounting For Derivative Instruments Policy	Accounting for Derivative Instruments The Company accounts for derivative instruments in accordance with ASC Topic 815, “Derivatives and Hedging” (ASC 815) and all derivative instruments are reflected as either assets or liabilities at fair value in the consolidated balance sheet. The Company uses estimates of fair value to value its derivative instruments. Fair value is defined as the price to sell an asset or transfer a liability in an orderly transaction between willing and able market participants. In general, the Company's policy in estimating fair values is to first look at observable market prices for identical assets and liabilities in active markets, where available. When these are not available, other inputs are used to model fair value such as prices of similar instruments, yield curves, volatilities, prepayment speeds, default rates and credit spreads (including for the Company's liabilities), relying first on observable data from active markets. Additional adjustments may be made for factors including liquidity, credit, bid/offer spreads, etc., depending on current market conditions. Transaction costs are not included in the determination of fair value. When possible, the Company seeks to validate the model's output to market transactions. Depending on the availability of observable inputs and prices, different valuation models could produce materially different fair value estimates. The values presented may not represent future fair values and may not be realizable. The Company categorizes its fair value estimates in accordance with ASC 820 based on the hierarchical framework associated with the three levels of price transparency utilized in measuring financial instruments at fair value as discussed above. Changes in fair value are recognized in the period incurred as either gains or losses.

Significant Accounting Polici29

Significant Accounting Policies Disclosures: Fair Value of Financial Instruments Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Policies
Fair Value of Financial Instruments Policy	Fair Value of Financial Instruments ASC 820, “Fair Value Measurements” (ASC 820) and ASC 825, “Financial Instruments” (ASC 825), requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level 1 - Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 - Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 - Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. 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. The following table sets forth by level within the fair value hierarchy the Company's financial assets and liabilities that are measured at fair value on a recurring basis at December 31, 2015: Level 1 Level 2 Level 3 Total Liabilities: Derivative financial instruments $ $ $ 20,225 $ 20,225

Significant Accounting Polici30

Significant Accounting Policies Disclosures: Fair Value of Financial Instruments Policy: Fair Value, Liabilities Measured on Recurring Basis (Tables)	12 Months Ended
	Dec. 31, 2015
Tables/Schedules
Fair Value, Liabilities Measured on Recurring Basis	Level 1 Level 2 Level 3 Total Liabilities: Derivative financial instruments $ $ $ 20,225 $ 20,225

Derivative Liability Disclosu31

Derivative Liability Disclosure: Schedule of Derivative Liabilities at Fair Value (Tables)	12 Months Ended
	Dec. 31, 2015
Tables/Schedules
Schedule of Derivative Liabilities at Fair Value	Balance, December 31, 2014 $ -- Day one loss due to convertible debentures 20,767 Debt discount 31,500 Reclassification of derivative liability to paid-in capital (7,072) Gains on change in fair value (24,970) Balance, December 31, 2015 $ 20,225

Income Taxes Disclosure_ Schedu

Income Taxes Disclosure: Schedule of Components of Income Tax Expense (Benefit) (Tables)	12 Months Ended
	Dec. 31, 2015
Tables/Schedules
Schedule of Components of Income Tax Expense (Benefit)	For the year ended December 31, 2015 For the year ended December 31, 2014 Income tax expense (asset) at statutory rate $ (96,507) $ (56,156) Valuation allowance 96,507 56,156 Income tax expense per books $ -- $ --

Correction of Prior Year Info33

Correction of Prior Year Information Disclosure: Schedule of Error Corrections and Prior Period Adjustments (Tables)	12 Months Ended
	Dec. 31, 2015
Tables/Schedules
Schedule of Error Corrections and Prior Period Adjustments	As of December 31, 2014 As Previously Reported Adjustments As Restated ASSETS Due from related party $ - $ 10,031 $ 10,031 Total Current Assets - 10,031 10,031 TOTAL ASSETS - 10,031 10,031 LIABILITIES AND SHAREHOLDERS’ DEFICIT Accounts payable and accrued expenses 18,615 18,615 Loan payable 1,222 1,222 Convertible note and accrued interest - 31,500 31,500 Due to related party 21,469 (21,469) - Total Current Liabilities 41,306 10,031 51,337 Common stock 11,078 - 11,078 Additional paid-in capital 112,782 - 112,782 Accumulated deficit (165,166) - (165,166) TOTAL SHAREHOLDERS' DEFICIT (41,306) (41,306) TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT $ -- $ 10,031 $ 10,031

Significant Accounting Polici34

Significant Accounting Policies Disclosures: Fair Value of Financial Instruments Policy: Fair Value, Liabilities Measured on Recurring Basis (Details)	Dec. 31, 2015USD ($)
Details
Derivative liability	$ 20,225

Equity Transactions Disclosure

Equity Transactions Disclosure (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Preferred shares authorized for issuance	10,000,000	10,000,000
Common shares authorized for issuance	140,000,000	140,000,000
Common shares issued and outstanding	11,626,857	11,077,750
Amount of debt converted to common stock	$ 7,611
LG Capital Funding, LLC
Common stock issued for conversion of debt	549,107
Amount of debt converted to common stock	$ 7,611
Price per share on conversion	$ 0.014

Loan Transactions Disclosure (D

Loan Transactions Disclosure (Details) - USD ($)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2015	Dec. 31, 2014
Accrued and unpaid interest			$ 63	$ 60
Loan payables			3,385	1,222
Bill of Sale and Assignment - June 15, 2012
Proceeds from loan		$ 5,000
Repayment of debt		1,000
Loan payables			1,285	$ 1,222
Bill of Sale and Assignment - October 1, 2012
Repayment of debt		$ 2,000
Bill of Sale and Assignment - June 15, 2013
Repayment of debt	$ 1,000
Artfield Investment - October 22, 2015
Loan payables			$ 2,100

Convertible Note Payable Disc37

Convertible Note Payable Disclosure (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Convertible notes payable	$ 26,855	$ 31,500
Discount on convertible debt	31,500
Interest expense, convertible debt	$ 31,500
LG Capital Funding, LLC
Common stock issued for conversion of debt	549,107
Price per share on conversion	$ 0.014

Derivative Liability Disclosu38

Derivative Liability Disclosure (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Details
Discount on convertible debt	$ 31,500
Resolution of derivative liabilities	7,072
Gain on change in fair value of derivative	$ 4,203

Related Party Transaction Dis39

Related Party Transaction Disclosure (Details)	Dec. 31, 2015USD ($)
Details
Due to related parties	$ 21,319

Material Contracts Disclosure (

Material Contracts Disclosure (Details)	Jun. 04, 2015USD ($)
Details
Cash payment for consulting services contract	$ 22,500
Value of unrestricted shares due for consulting services contract	$ 22,500

Income Taxes Disclosure_ Sche41

Income Taxes Disclosure: Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Details
Income tax expense at statutory rate	$ (96,507)	$ (56,156)
Valuation allowance	$ 96,507	$ 56,156

Income Taxes Disclosure (Detail

Income Taxes Disclosure (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Details
Net operating loss carry forwards	$ 279,641	$ 165,166