Astika (ASKH) 10-Q 6 Jun 17 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2016shares
Document and Entity Information:
Entity Registrant Name	ASTIKA HOLDINGS INC.
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
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 Filer Category	Smaller Reporting Company
Entity Current Reporting Status	No
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Trading Symbol	askh

Balance Sheets

Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Prepaid expenses		$ 2,051
Total current assets		2,051
Other assets:
Total assets		2,051
Current liabilities:
Accounts payable and accrued expenses	$ 60,050	71,365
Loan payable and accrued interest	3,417	3,385
Due to related parties	40,734	21,319
Convertible note and accrued interest	27,832	26,855
Derivative liability	28,696	20,225
Total current liabilities	160,729	143,149
Total liabilities	160,729	143,149
Stockholders' equity (deficit)
Preferred stock value
Common stock value	11,627	11,627
Additional paid-in capital	126,916	126,916
Retained earnings (deficit)	(299,272)	(279,641)
Total stockholders' equity (deficit)	$ (160,729)	(141,098)
Total liabilities and stockholders' equity (deficit)		$ 2,051

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
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	11,626,857
Common stock, shares outstanding	11,626,857	11,626,857

Statements of Operations

Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Operating expenses:
Selling, general and administrative	$ 6,300	$ 47,200	$ 10,151	$ 49,610
Total operating expenses	6,300	47,200	10,151	49,610
Operating income (loss)	(6,300)	(47,200)	(10,151)	(49,610)
Other income (expense):
Interest expense, net	505	10,516	1,009	10,531
Gain (loss) on change in fair value of derivative	31,582	3,152	(8,471)	3,152
Total other income (expense)	31,077	(7,364)	(9,480)	(7,379)
Net income (loss)	$ 24,777	$ (54,564)	$ (19,631)	$ (56,989)
Net income (loss) per share - basic	$ 0	$ 0	$ 0	$ (0.01)
Net income (loss) per share - diluted	$ 0	$ 0	$ 0	$ (0.01)
Weighted average number of common shares outstanding - basic	11,626,857	11,077,750	11,626,857	11,077,750
Weighted average number of common shares outstanding - diluted	14,576,887	11,077,750	11,626,857	11,077,750

Statements of Cash Flows

Statements of Cash Flows - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Operating activities
Net income (loss)	$ 24,777	$ (54,564)	$ (19,631)	$ (56,989)
Adjustments to reconcile net loss to net cash used by operating activities:
Amortization of debt discount				10,500
Gain (loss) on change in fair value of derivative	31,582	3,152	(8,471)	3,152
Changes in operating assets and liabilities:
(Increase) decrease in prepaid expenses			2,051
Increase (decrease) in accounts payable and accrued expenses			9,109	49,641
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
Debt discount due to derivative liability				$ 31,500
Expenses paid by related party on behalf of the company			$ 19,415

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Notes
Basis of Presentation	NOTE 1 - 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 unaudited interim financial statements should be read in conjunction with the December 31, 2015 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) considered necessary for a fair presentation have been included. Operating results for the three-month and six-month periods ended June 30, 2016 are not necessarily indicative of the results that may be expected for the year ended December 31, 2016. 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 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 2 Level 3 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: Level 1 Level 2 Level 3 Total June 30, 2016: Liabilities: Derivative financial instruments $ $ $ 28,696 $ 28,696 December 31, 2015: Liabilities: Derivative financial instruments $ $ $ 20,225 $ 20,225

Going Concern Disclosure

Going Concern Disclosure	6 Months Ended
	Jun. 30, 2016
Notes
Going Concern Disclosure	NOTE 2- GOING CONCERN The Company’s unaudited interim 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 an accumulated deficit and no cash flows from operating activities at June 30, 2016. 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 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.

Correction of Prior Year Inform

Correction of Prior Year Information Disclosure	6 Months Ended
	Jun. 30, 2016
Notes
Correction of Prior Year Information Disclosure	NOTE 3 - CORRECTION OF PRIOR YEAR INFORMATION During the audit of the Company’s financial statements for the year ended December 31, 2015, the Company identified an error in the accounting and presentation of advances due to a 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, resulting in adjustments to previously reported 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. However, if the adjustments to correct the cumulative effect of the above error had been recorded in the three and six months ended June 30, 2015, 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 the three and six months ended June 30, 2015. The following tables present the impact of the correction in the financial statements for the three and six months ended June 30, 2015: STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended June 30, 2015 Three Months Ended June 30, 2015 As Reported Adjustments As Adjusted OPERATING EXPENSES Selling, general & administrative $ 47,200 $ - $ 47,200 Total Operating Expenses 47,200 - 47,200 OPERATING LOSS (47,200) - (47,200) OTHER INCOME (EXPENSE) Gain on derivative - 3,152 3,152 Interest expense, net (16) (10,500) (10,516) Total Other Income (Expense) (16) (7,348) (7,364) NET LOSS $ (47,216) $ (7,348) $ (54,564) Six Months Ended June 30, 2015 Six Months Ended June 30, 2015 As Reported Adjustments As Adjusted OPERATING EXPENSES Selling, general & administrative $ 49,610 $ - $ 49,610 Total Operating Expenses 49,610 - 49,610 OPERATING LOSS (49,610) - (49,610) OTHER INCOME (EXPENSE) Gain on derivative - 3,152 3,152 Interest expense, net (31) (10,500) (10,531) Total Other Income (Expense) (31) (7,348) (7,379) NET LOSS $ (49,641) $ (7,348) $ (56,989) STATEMENTS OF CASH FLOWS (Unaudited) Six Months Ended June 30, 2015 Six Months Ended June 30, 2015 As Reported Adjustments As Adjusted OPERATING EXPENSES Net loss $ (49,641) $ (7,348) $ (56,989) Adjustments to reconcile net loss to net cash used in operating activities: Amortization of debt issuance costs - 10,500 10,500 Gain on derivative - (3,152) (3,152) Changes in operating assets & liabilities: Accounts payable and accrued expenses 49,641 - 49,641 NET CASH USED IN OPERATING ACTIVITIES - - - NET INCREASE (DECREASE) IN CASH - - - CASH, BEGINNING OF PERIOD - - - CASH, END OF PERIOD $ - $ - $ - NON-CASH INVESTING AND FINANCING ACTIVITIES: Debt discount due to derivative liabilities $ - $ 31,500 $ 31,500

Loan Transaction Disclosure

Loan Transaction Disclosure	6 Months Ended
	Jun. 30, 2016
Notes
Loan Transaction Disclosure	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 him on the same date with a June 15, 2013 maturity date. The Company made payments to Mr. Gant in the amount of $4,000 as of June 15, 2013, and the remaining $1,000 principal amount under Promissory Note bears interest at five percent (5%) per annum. There is one remaining principal installment payment in the amount of $1,000 due as of the June 15, 2013 maturity date. Accrued and unpaid interest on the Promissory Note is also due in the amount of $32 and $31 for the six-month periods ended June 30, 2016, and 2015, respectively. As of June 30, 2016 and December 31, 2015, total outstanding short-term debt is $1,317 and $1,285, respectively, and the loan is in default. The songwriter agreement expired on June 15, 2014 and the Company did not renew. 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 June 30, 2016 and December 31, 2015, the total amount owed was $2,100 and $2,100, respectively.

Related Party Transactions Disc

Related Party Transactions Disclosure	6 Months Ended
	Jun. 30, 2016
Notes
Related Party Transactions Disclosure	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 $40,734 as of June 30, 2016 and $21,319 at December 31, 2015. The advances are unsecured, payable on demand and carry no interest. 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	6 Months Ended
	Jun. 30, 2016
Notes
Material Contracts Disclosure	NOTE 6 - MATERIAL CONTRACTS On June 4, 2015, Artfield Investment RD, Inc. is 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. The shares have not been issued as of the reporting date.

Equity Transactions Disclosure

Equity Transactions Disclosure	6 Months Ended
	Jun. 30, 2016
Notes
Equity Transactions Disclosure	NOTE 7 - 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 June 30, 2016 and December 31, 2015, the Company had 11,626,857 shares of common stock issued and outstanding. 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 8 - Convertible Note Payable and Note 9 - Derivative Liability) On March 10, 2016, the Company filed an Amendment to the Articles of Incorporation breaking out the Preferred Stock into Series A, B, C, D, E, F, G, H, I, J, K, and L, with the series designation of each issuance of preferred stock set forth by the Board of Directors at the time of issuance.

Convertible Note Payable Disclo

Convertible Note Payable Disclosure	6 Months Ended
	Jun. 30, 2016
Notes
Convertible Note Payable Disclosure	NOTE 8 - CONVERTIBLE NOTE PAYABLE During October 2014, the Company issued an 8.0% convertible debenture for $31,500 in cash. 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 into 549,107 shares of the Company’s common stock, or a conversion price of $0.014 per share. The balance of the convertible debenture at June 30, 2016 and December 31, 2015 was $24,500 and $24,500, respectively. The amount of accrued interest due at June 30, 2016 is $3,332, with $2,355 at December 31, 2015 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. 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 June 30, 2016, the loan was in default.

Derivative Liability Disclosure

Derivative Liability Disclosure	6 Months Ended
	Jun. 30, 2016
Notes
Derivative Liability Disclosure	NOTE 9 - 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 options 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 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. During the six months ended June 30, 2016 and 2015, $8,471 was recorded as a loss, and $3,152 was recorded as a gain, on mark-to-market of the conversion options, respectively. The following table summarizes the change in the derivative liability during the six months ended June 30, 2016: Balance, December 31, 2015 $ 20,225 Loss on change in fair value 8,471 Balance, June 30, 2016 $ 28,696 The Company valued its derivative liability using the Black-Scholes option-pricing model. Assumptions used during the six months ended June 30, 2016 include (1) risk-free interest rates of 0.25% and 0.26% (2) lives of 0.12 years, (3) expected volatility of 292% and 52%, (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.

Subsequent Events Disclosure

Subsequent Events Disclosure	6 Months Ended
	Jun. 30, 2016
Notes
Subsequent Events Disclosure	NOTE 10 - SUBSEQUENT EVENTS As per Note 4, 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 additional expenses on behalf of the Company in the amount of $58,530 between July 1, 2016 and June 5, 2017. The total due to the related party as of June 5, 2017 is $99,264. The advances are unsecured, payable on demand, and carry no interest. During March 2017, the holder of the convertible debenture elected to convert $2,834 in principal and interest into 572,476 shares of the Company’s common stock, at a conversion price of $0.00495 per share. The shares were issued on April 10, 2017.

Basis of Presentation_ Accounti

Basis of Presentation: Accounting For Derivative Instruments Policy (Policies)	6 Months Ended
	Jun. 30, 2016
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 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.

Basis of Presentation_ Fair Val

Basis of Presentation: Fair Value of Financial Instruments Policy (Policies)	6 Months Ended
	Jun. 30, 2016
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 2 Level 3 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: Level 1 Level 2 Level 3 Total June 30, 2016: Liabilities: Derivative financial instruments $ $ $ 28,696 $ 28,696 December 31, 2015: Liabilities: Derivative financial instruments $ $ $ 20,225 $ 20,225

Basis of Presentation_ Fair V18

Basis of Presentation: Fair Value of Financial Instruments Policy: Fair Value, Liabilities Measured on Recurring Basis (Tables)	6 Months Ended
	Jun. 30, 2016
Tables/Schedules
Fair Value, Liabilities Measured on Recurring Basis	Level 1 Level 2 Level 3 Total June 30, 2016: Liabilities: Derivative financial instruments $ $ $ 28,696 $ 28,696 December 31, 2015: Liabilities: Derivative financial instruments $ $ $ 20,225 $ 20,225

Correction of Prior Year Info19

Correction of Prior Year Information Disclosure: Schedule of Error Corrections and Prior Period Adjustments (Tables)	6 Months Ended
	Jun. 30, 2016
Tables/Schedules
Schedule of Error Corrections and Prior Period Adjustments	Three Months Ended June 30, 2015 Three Months Ended June 30, 2015 As Reported Adjustments As Adjusted OPERATING EXPENSES Selling, general & administrative $ 47,200 $ - $ 47,200 Total Operating Expenses 47,200 - 47,200 OPERATING LOSS (47,200) - (47,200) OTHER INCOME (EXPENSE) Gain on derivative - 3,152 3,152 Interest expense, net (16) (10,500) (10,516) Total Other Income (Expense) (16) (7,348) (7,364) NET LOSS $ (47,216) $ (7,348) $ (54,564) Six Months Ended June 30, 2015 Six Months Ended June 30, 2015 As Reported Adjustments As Adjusted OPERATING EXPENSES Selling, general & administrative $ 49,610 $ - $ 49,610 Total Operating Expenses 49,610 - 49,610 OPERATING LOSS (49,610) - (49,610) OTHER INCOME (EXPENSE) Gain on derivative - 3,152 3,152 Interest expense, net (31) (10,500) (10,531) Total Other Income (Expense) (31) (7,348) (7,379) NET LOSS $ (49,641) $ (7,348) $ (56,989) STATEMENTS OF CASH FLOWS (Unaudited) Six Months Ended June 30, 2015 Six Months Ended June 30, 2015 As Reported Adjustments As Adjusted OPERATING EXPENSES Net loss $ (49,641) $ (7,348) $ (56,989) Adjustments to reconcile net loss to net cash used in operating activities: Amortization of debt issuance costs - 10,500 10,500 Gain on derivative - (3,152) (3,152) Changes in operating assets & liabilities: Accounts payable and accrued expenses 49,641 - 49,641 NET CASH USED IN OPERATING ACTIVITIES - - - NET INCREASE (DECREASE) IN CASH - - - CASH, BEGINNING OF PERIOD - - - CASH, END OF PERIOD $ - $ - $ - NON-CASH INVESTING AND FINANCING ACTIVITIES: Debt discount due to derivative liabilities $ - $ 31,500 $ 31,500

Derivative Liability Disclosu20

Derivative Liability Disclosure: Schedule of Derivative Liabilities at Fair Value (Tables)	6 Months Ended
	Jun. 30, 2016
Tables/Schedules
Schedule of Derivative Liabilities at Fair Value	Balance, December 31, 2015 $ 20,225 Loss on change in fair value 8,471 Balance, June 30, 2016 $ 28,696

Basis of Presentation_ Fair V21

Basis of Presentation: Fair Value of Financial Instruments Policy: Fair Value, Liabilities Measured on Recurring Basis (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Details
Derivative liability	$ 28,696	$ 20,225

Loan Transaction Disclosure (De

Loan Transaction Disclosure (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2013	Jun. 30, 2016
Purchase of Recorded Music Compilation - June 15, 2012
Payments made on purchase of assets		$ 4,000
Accrued and unpaid interest	$ 31		$ 32
Loans payable	1,285		1,317
Artfield Investment - October 22, 2015
Loans payable	2,100		$ 2,100
Expenses on behalf of the Company	$ 2,100

Related Party Transactions Di23

Related Party Transactions Disclosure (Details) - USD ($)	Jun. 05, 2017	Jun. 30, 2016	Dec. 31, 2015
Due to related parties		$ 40,734	$ 21,319
Entity owned by the CEO
Due to related parties	$ 99,264	$ 40,734	$ 21,319

Material Contracts Disclosure (

Material Contracts Disclosure (Details) - Restructuring consulting services	Jun. 30, 2016USD ($)
Consulting fee payable	$ 22,500
Unrestricted shares due for consulting services contract	$ 22,500

Equity Transactions Disclosure

Equity Transactions Disclosure (Details) - USD ($)	1 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2015	Jun. 30, 2016
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	11,626,857
LG Capital Funding, LLC
Common stock issued for conversion of debt	572,476	549,107
Amount of debt converted to common stock	$ 2,834	$ 7,611
Price per share on conversion	$ 0.00495	$ 0.014

Convertible Note Payable Disc26

Convertible Note Payable Disclosure (Details) - LG Capital Funding, LLC - USD ($)	1 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2015	Jun. 30, 2016
Proceeds from issuance of convertible debt		$ 31,500
Common stock issued for conversion of debt	572,476	549,107
Price per share on conversion	$ 0.00495	$ 0.014
Convertible notes payable		$ 24,500	$ 24,500
Accrued and unpaid interest		2,355	$ 3,332
Debt discount		31,500
Interest expense, convertible debt		$ 31,500

Derivative Liability Disclosu27

Derivative Liability Disclosure (Details) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 31, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Gain (loss) on change in fair value of derivative		$ (31,582)	$ (3,152)	$ 8,471	$ (3,152)
Gain (loss) on change in fair value of derivative		$ 31,582	$ 3,152	(8,471)	$ 3,152
LG Capital Funding, LLC
Debt discount						$ 31,500
Gain (loss) on change in fair value of derivative				20,767
Common stock issued for conversion of debt	572,476					549,107
Amount of debt extinguished						$ 7,072
Gain (loss) on change in fair value of derivative				$ (20,767)

Subsequent Events Disclosure (D

Subsequent Events Disclosure (Details) - USD ($)	1 Months Ended	11 Months Ended	12 Months Ended
	Mar. 31, 2017	Jun. 05, 2017	Dec. 31, 2015	Jun. 30, 2016
Due to related parties			$ 21,319	$ 40,734
LG Capital Funding, LLC
Amount of debt converted to common stock	$ 2,834		$ 7,611
Common stock issued for conversion of debt	572,476		549,107
Price per share on conversion	$ 0.00495		$ 0.014
Entity owned by the CEO
Expenses on behalf of the Company		$ 58,530
Due to related parties		$ 99,264	$ 21,319	$ 40,734