Skye Bioscience (SKYE) 10-Q5 Jun 142014 Q2 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
Document and Entity Information	Apr. 30, 2014	Jun. 04, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'LOAD GUARD LOGISTICS, INC.	'
Entity Central Index Key	'0001516551	'
Trading Symbol	'lglr	'
Current Fiscal Year End Date	'--10-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	3,623,500
Document Type	'10-Q	'
Document Period End Date	30-Apr-14	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Apr. 30, 2014	Oct. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$49,952	$52,186
Accounts receivable, less allowance of $0	35,425	25,338
Prepaid expenses	'	15,591
Notes receivable	2,538	13,019
Total current assets	87,915	106,134
Equipment, net of accumulated depreciation of $12,659 and $7,912, respectively	34,813	39,560
Total assets	122,728	145,694
Current liabilities:	'	'
Accounts payable and accrued liabilities	13,992	15,079
Notes payable, related parties	35,355	47,238
Total current liabilities	49,347	62,317
Total liabilities	49,347	62,317
Stockholders' equity:	'	'
Preferred stock, $0.001 par value,20,000,000 shares authorized; none issued and outstanding	'	'
Common stock, $0.001 par value, 100,000,000 shares authorized; 3,623,500 shares issued and outstanding	3,623	3,623
Additional paid-in capital	83,077	83,077
Accumulated deficit	-13,319	-3,323
Total stockholders' equity	73,381	83,377
Total liabilities and stockholders' equity	$122,728	$145,694

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) (USD $)	Apr. 30, 2014	Oct. 31, 2013
Statement Of Financial Position [Abstract]	'	'
Allowance for accounts receivable (in dollars)	$0	$0
Accumulated depreciation on equipment (in dollars)	$12,659	$7,912
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued	'	'
Preferred stock, shares outstanding	'	'
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	3,623,500	3,623,500
Common stock, shares outstanding	3,623,500	3,623,500

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		6 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Income Statement [Abstract]	'	'	'	'
Operating revenues	$72,840	$108,929	$136,175	$166,059
Operating expenses:	'	'	'	'
Fuel and fuel taxes	23,605	43,587	44,129	68,168
Salaries and wages	21,646	28,494	39,873	44,810
Operations and maintenance	16,618	21,601	30,917	31,406
Professional fees	17,318	4,210	20,293	11,746
General and administrative	7,084	7,425	15,727	12,511
Total operating expenses	86,271	105,317	150,939	168,641
Operating income (loss)	-13,431	3,612	-14,764	-2,582
Other income (expense)	'	'	'	'
Interest expense	-307	-649	-717	-862
Interest income	224	162	632	305
Gain on insurance claim	'	'	4,853	6,506
Total other income (expense)	-83	-487	4,768	5,949
Income (loss) before income taxes	-13,514	3,125	-9,996	3,367
Provision for income taxes	'	-1,056	'	-1,138
Net income (loss)	($13,514)	$2,069	($9,996)	$2,229
Basic and diluted income (loss) per common share (in dollars per share)	$0	$0	$0	$0
Weighted-average number of common shares outstanding (in shares)	3,623,500	3,147,500	3,623,500	3,053,978

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings (Deficit)	Total
BALANCE at Oct. 31, 2012	'	$2,527	$35,573	$459	$38,559
BALANCE (in shares) at Oct. 31, 2012	'	2,527,500	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Common shares issued for cash (November 25, 2012)	'	620	24,180	'	24,800
Common shares issued for cash (October 28, 2013)	'	476	23,324	'	23,800
Common shares issued for cash (in shares) (November 25, 2012)	'	620,000	'	'	'
Common shares issued for cash (in shares) (October 28, 2013)	'	476,000	'	'	'
Net loss	'	'	'	-3,782	-3,782
BALANCE at Oct. 31, 2013	'	3,623	83,077	-3,323	83,377
BALANCE (in shares) at Oct. 31, 2013	'	3,623,500	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Net loss	'	'	'	-9,996	-9,996
BALANCE at Apr. 30, 2014	'	$3,623	$83,077	($13,319)	$73,381
BALANCE (in shares) at Apr. 30, 2014	'	3,623,500	'	'	'

CONSOLIDATED_STATEMENTS_OF_STO1

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parentheticals) (USD $)	12 Months Ended
	Oct. 31, 2013
25-Nov-12	'
Common stock issue price (in dollars per share)	$0.04
28-Oct-13	'
Common stock issue price (in dollars per share)	$0.05

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	6 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	Apr. 30, 2014	Apr. 30, 2013
Cash flows from operating activities:	'	'
Net income	($9,996)	$2,229
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	4,747	4,645
Changes in certain working capital items:	'	'
Accounts receivable, net	-10,087	-25,172
Prepaid expenses	15,591	-3,107
Accounts payable and accrued liabilities	-1,087	7,455
Net cash used in operating activities	-832	-13,950
Cash flows from investing activities:	'	'
Purchases of equipment	'	-49,116
Net cash used in investing activities	'	-49,116
Cash flows from financing activities:	'	'
Payments received from notes receivable	10,481	9,574
Proceeds from loans	'	32,000
Repayments on loans	-11,883	'
Proceeds from issuance of common stock	'	24,800
Net cash provided by financing activities	-1,402	66,374
Net increase (decrease) in cash and cash equivalents	-2,234	3,308
Cash and cash equivalents, beginning of period	52,186	26,404
Cash and cash equivalents, end of the period	49,952	29,712
Supplemental cash flow disclosure:	'	'
Interest paid	717	862
Income taxes paid	'	'
Non-cash transactions	'	'
Purchase of equipment in exchange for note payable	'	$25,000

ORGANIZATION_AND_DESCRIPTION_O

ORGANIZATION AND DESCRIPTION OF BUSINESS	6 Months Ended
ORGANIZATION AND DESCRIPTION OF BUSINESS	Apr. 30, 2014
Organization And Description Of Business [Abstract]	'
ORGANIZATION AND DESCRIPTION OF BUSINESS	'
	NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

	Load Guard Logistics, Inc. (the "Company") is a Nevada corporation incorporated on March 16, 2011, and is based in Miami, FL. The company was originally incorporated as Load Guard Transportation, Inc. and changed its name to Load Guard Logistics, Inc. on November 6, 2012. The Company incorporated a wholly-owned subsidiary, "LGT, Inc." in Florida on March 18, 2011. The Company's fiscal year end is October 31.

	The Company operates as a transportation and delivery services company. We generate revenues from the actual movement of freight from shippers to consignees as well as serving as a logistics provider by arranging for others to provide the transportation services.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Apr. 30, 2014

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Consolidation

These financial statements include the accounts of the Company and the wholly-owned subsidiary, LGT, Inc. All material intercompany balances and transactions have been eliminated.

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States of America. The accompanying interim unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information in accordance with Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the Company's opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the six-month period ended April 30, 2014 are not necessarily indicative of the results for the full years. While management of the Company believes that the disclosures presented herein are adequate and not misleading, these interim financial statements should be read in conjunction with the audited combined financial statements and the footnotes thereto for the year ended October 31, 2013 filed Form 10-K on January 27, 2014.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.

Reclassifications

Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported income.

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of three months or less. The Company had $49,952 and $52,186 in cash and cash equivalents at April 30, 2014 and October 31, 2013, respectively.

Accounts Receivable

The Company extends credit to its customers in the normal course of business. The Company performs ongoing credit evaluations and generally does not require collateral. Trade accounts receivable are recorded at their invoiced amounts, net of allowance for doubtful accounts. The Company evaluates the adequacy of its allowance for doubtful accounts quarterly. Accounts outstanding longer than contractual payment terms are considered past due and are reviewed individually for collectability. The Company maintains reserves for potential credit losses based upon its loss history and specific receivables aging analysis. Receivable balances are written off when collection is deemed unlikely. Management's evaluation of outstanding balances determined that an allowance, as of April 30, 2014 and October 31, 2013 was not considered necessary, based on history and its subsequent collections.

Concentration Risk

For the period ending April 30, 2014, the Company recognized revenues from one customer, in the amount of approximately $63,425 or 47% of total revenues. The same customer accounts for approximately $6,240 or 18% of total receivables.

Equipment

Property and equipment is stated at cost. Depreciation is computed by the straight-line method over estimated useful lives (5 years). Historical costs are reviewed and evaluated for their net realizable value of the assets. The carrying amount of all long-lived assets is evaluated periodically to determine if adjustment to the depreciation period or the unamortized balance is warranted. Based upon its most recent analysis, the Company believes that no impairment of property and equipment existed at April 30, 2014 and October 31, 2013.

Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable. When required impairment losses on assets to be held and used are recognized based on the fair value of the asset. The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required. If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset. When fair values are not available, the Company estimates fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets. We did not recognize any impairment losses for any periods presented.

Net Income (Loss) Per Share of Common Stock

The Company follows ASC 260, "Earnings per Share," ("EPS") which requires presentation of basic EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation. In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.

The following table sets forth the computation of basic and diluted earnings per share, for the periods ended April 30, 2014 and 2013:

Three Months Ended April 30,

Six Months Ended April 30,

2014

2013

2014

2013

Net income (loss)

(13,514

)

2,069

(9,996

)

2,229

Weighted average common shares outstanding (Basic)

3,623,500

3,147,500

3,623,500

3,053,978

Net income (loss) per share (Basic)

(0.00

)

(0.00

)

The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.

Concentrations of Credit Risk

The Company's financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables it will likely incur in the near future. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Company's management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

Financial Instruments

The Company's balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.

ASC 820, "Fair Value Measurements and Disclosures," defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity's own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities

Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of April 30, 2014. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

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 Company's financial instruments consist principally of cash, accounts receivable; related party notes payable; and, accounts payable and accrued liabilities.

Revenue Recognition

The Company recognizes revenue from the sale of services in accordance with ASC 605, "Revenue Recognition." The Company recognizes revenue only when all of the following criteria have been met:

Persuasive evidence for an agreement exists;

ii)

Service has been provided;

iii)

The fee is fixed or determinable; and

iv)

Collection is reasonably assured.

Recent Accounting Pronouncements

Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification™ ("ASC") is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company. We have reviewed the FASB issued Accounting Standards Update ("ASU") accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporation's reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration.

GOING_CONCERN_AND_LIQUIDITY_CO

GOING CONCERN AND LIQUIDITY CONSIDERATIONS	6 Months Ended
GOING CONCERN AND LIQUIDITY CONSIDERATIONS	Apr. 30, 2014
Going Concern and Liquidity Considerations [Abstract]	'
GOING CONCERN AND LIQUIDITY CONSIDERATIONS	'
	NOTE 3 - GOING CONCERN AND LIQUIDITY CONSIDERATIONS

	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. As of April 30, 2014, the Company has a loss from operations of $14,764 and negative cash flows from operations of $832. The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending October 31, 2014.

	The ability of the Company to fully commence its operations is dependent upon, among other things, obtaining additional financing to continue operations, and execution of its business plan. In response to these concerns, management intends to raise additional funds through public or private placement offerings and through loans from officers and directors.

	These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. There can be no assurance that management's plan will be successful.

EQUIPMENT

EQUIPMENT	6 Months Ended
EQUIPMENT	Apr. 30, 2014
Property, Plant and Equipment [Abstract]	'
EQUIPMENT	'
	NOTE 4 - EQUIPMENT

	The following table shows the Company's equipment detail as of April 30, 2014 and October 31, 2013:

		2014			2013
	Tractor	$	19,231		$	19,231
	Trailer		28,241			28,241
	Gross equipment at cost		47,472			47,472
	Accumulated depreciation and amortization		(12,659	)		(7,912	)
	Net equipment	$	34,813		$	39,560

	Depreciation expense totaled $4,747 and $4,645 for the periods ended April 30, 2014 and 2013, respectively.

NOTES_RECEIVABLE

NOTES RECEIVABLE	6 Months Ended
NOTES RECEIVABLE	Apr. 30, 2014
Receivables [Abstract]	'
NOTES RECEIVABLE	'
	NOTE 5 - NOTES RECEIVABLE

	Cash was issued in exchange for promissory notes from unrelated contractors, for the specific purpose of purchasing truck and trailers to be used in operations of Load Guard Transportation.

		30-Apr-14			31-Oct-13
	On July 8, 2013, we issued a one-year, secured $11,000 fixed rate Promissory Note (the "note") to an independent contractor, with an interest rate of 8%, which matures in July 2014. The note was issued for the financing of a tractor and trailer we sold for $22,000. The note calls for weekly payments of $228.46, until the balance and accrued interest is paid in full, and can be repaid before maturity in whole or part, without penalty.	$	2,538		$	7,827

	On July 8, 2013, we issued a one-year, secured $7,500 fixed rate Promissory Note (the "note") to an independent contractor, with an interest rate of 10%, which matures in July 2014. The note was issued for the financing of a trailer valued at $7,500. The note calls for weekly payments of $144.23, until the balance and accrued interest is paid in full, and can be repaid before maturity in whole or part, without penalty.		-			5,192

	Total notes receivable	$	2,538		$	13,019
	Less current portion of notes receivable		(2,538	)		(13,019	)

	Long-term portion of notes receivable	$	-		$	-

	During the periods ended April 30, 2014 and 2013, the Company earned interest revenue of $632 and $305, respectively.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
RELATED PARTY TRANSACTIONS	Apr. 30, 2014
Related Party Transactions [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	NOTE 6 - RELATED PARTY TRANSACTIONS

	Notes Payable – Related Party

	Notes payable, from related parties, at April 30, 2014 and October 31, 2013 consisted of:

		30-Apr-14			31-Oct-13
	On March 13, 2013 an officer, director, and shareholder of the Company sold his tractor and trailer to the Company for a $25,000 unsecured, non-interest bearing Promissory Note, due March 12, 2014.	$	23,400		$	25,000

	On January 11, 2013, we issued an eighteen-month, $32,000 fixed rate Promissory Note payable (the "note") to a Director, who is also an Officer and shareholder, with an interest rate of 8%, which matures in June 11, 2014. The note was issued for the financing of a tractor and trailer, to be used for the benefit of the Company. The note calls for monthly payments of $1,829.49, until the balance and accrued interest is paid in full, and can be repaid before maturity in whole or part, without penalty.







			11,955			22,238

	Total notes payable	$	35,355		$	47,238
	Less current portion of notes payable		(35,355	)		(47,238	)

	Long-term portion of notes payable	$	-		$	-

	During the periods ended April 30, 2014 and 2013, the Company recorded interest expense of $717 and made $862 in payments on the notes.

	Other

	The officers and directors of the Company may be involved in other business activities and may, in the future, become involved in other business opportunities that become available. He may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.

	The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the founder of the Company to use at no charge.

	The Company does not have employment contracts with its two key employees, the controlling shareholders, who are officers and directors of the Company.

	The controlling shareholders and management have pledged support to fund continuing operations through temporary loans to meet the Company's cash flow requirements; however there is no written commitment to this effect. The Company is dependent upon the continued support of these parties until such time that the Company receives adequate equity capital or other long-term financing.

	The amounts and terms of the above transactions may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties.

EQUITY

EQUITY	6 Months Ended
EQUITY	Apr. 30, 2014
Equity [Abstract]	'
EQUITY	'
	NOTE 7 - EQUITY

	Preferred Stock

	The Company has authorized 20,000,000 preferred shares with a par value of $0.001 per share. The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes. No rights or preferences have been adopted and there are no dividend or liquidation rights.

	There were no preferred shares issued and outstanding as of April 30, 2014 and October 31, 2013.

	Common Stock

	The Company has authorized 100,000,000 common shares with a par value of $0.001 per share. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought. Holders have equal ratable rights to dividends from funds legally available and are entitled to share in assets available for distribution upon liquidation. Holders do not have preemptive, subscriptive, conversion or cumulative voting rights, and there are no redemption or sinking find provisions or rights. Holders of common stock have the right to approve any amendment of the Articles of Incorporation, elect directors, approve any plan of merger and approve a plan for the sale, lease or exchange of all of the Company's assets as proposed by the Board of Directors.

	Since March 16, 2011 (Inception) to October 31, 2014, the Company has issued 3,623,500 common shares for $86,700 in cash.

	There were 3,623,500 common shares issued and outstanding at April 30, 2014 and October 31, 2013, respectively.

	The Company has no stock option plan, warrants or other dilutive securities.

PROVISION_FOR_INCOME_TAXES

PROVISION FOR INCOME TAXES	6 Months Ended
	Apr. 30, 2014
Income Tax Disclosure [Abstract]	'
PROVISION FOR INCOME TAXES	'
	NOTE 8 - PROVISION FOR INCOME TAXES

	The Company follows 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 basis 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 income before provision for income taxes for the following reasons:

					31-Oct-13
		30-Apr-14
	Income tax (benefit) expense at statutory rate	$	(3,399	)	$	(1,300	)
	Valuation allowance		3,399			1,300
	Income tax expense per books	$	-		$	-

	There are no net operating losses to apply against future income. The Internal Revenue Service may audit tax returns for six years from their respective filing date. Our initial tax return was for the fiscal year ended October 31, 2011 and each subsequent year through October 31, 2013 remain open.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
COMMITMENTS AND CONTINGENCIES	Apr. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 9 - COMMITMENTS AND CONTINGENCIES

	The Company follows ASC 450-20, Loss Contingencies, to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies as of April 30, 2014 and October 31, 2013.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

6 Months Ended

Apr. 30, 2014

Accounting Policies [Abstract]

Basis of Consolidation

These financial statements include the accounts of the Company and the wholly-owned subsidiary, LGT, Inc. All material intercompany balances and transactions have been eliminated.

Basis of Presentation

Use of Estimates

Reclassifications

Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported income.

Cash and Cash Equivalents

Accounts Receivable

Concentration Risk

Equipment

Net Income (Loss) Per Share of Common Stock

The following table sets forth the computation of basic and diluted earnings per share, for the periods ended April 30, 2014 and 2013:

Three Months Ended April 30,

Six Months Ended April 30,

2014

2013

2014

2013

Net income (loss)

(13,514

)

2,069

(9,996

)

2,229

Weighted average common shares outstanding (Basic)

3,623,500

3,147,500

3,623,500

3,053,978

Net income (loss) per share (Basic)

(0.00

)

(0.00

)

The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.

Concentrations of Credit Risk

Financial Instruments

Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities

Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

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 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 Company's financial instruments consist principally of cash, accounts receivable; related party notes payable; and, accounts payable and accrued liabilities.

Revenue Recognition

The Company recognizes revenue from the sale of services in accordance with ASC 605, "Revenue Recognition." The Company recognizes revenue only when all of the following criteria have been met:

Persuasive evidence for an agreement exists;

ii)

Service has been provided;

iii)

The fee is fixed or determinable; and

iv)

Collection is reasonably assured.

Recent Accounting Pronouncements

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Apr. 30, 2014
Accounting Policies [Abstract]	'
Schedule of computation of basic and diluted earnings per share	'
		Three Months Ended April 30,					Six Months Ended April 30,
		2014			2013		2014			2013

	Net income (loss)	$	(13,514	)	$	2,069	$	(9,996	)	$	2,229

	Weighted average common shares outstanding (Basic)		3,623,500			3,147,500		3,623,500			3,053,978

	Net income (loss) per share (Basic)	$	(0.00	)	$	0	$	(0.00	)	$	0

EQUIPMENT_Tables

EQUIPMENT (Tables)	6 Months Ended
EQUIPMENT (Tables)	Apr. 30, 2014
Property, Plant and Equipment [Abstract]	'
Schedule of equipment	'
		2014			2013
	Tractor	$	19,231		$	19,231
	Trailer		28,241			28,241
	Gross equipment at cost		47,472			47,472
	Accumulated depreciation and amortization		(12,659	)		(7,912	)
	Net equipment	$	34,813		$	39,560

NOTES_RECEIVABLE_Tables

NOTES RECEIVABLE (Tables)	6 Months Ended
NOTES RECEIVABLE (Tables)	Apr. 30, 2014
Receivables [Abstract]	'
Schedule of notes receivable	'
		30-Apr-14			31-Oct-13
	On July 8, 2013, we issued a one-year, secured $11,000 fixed rate Promissory Note (the "note") to an independent contractor, with an interest rate of 8%, which matures in July 2014. The note was issued for the financing of a tractor and trailer we sold for $22,000. The note calls for weekly payments of $228.46, until the balance and accrued interest is paid in full, and can be repaid before maturity in whole or part, without penalty.	$	2,538		$	7,827

	On July 8, 2013, we issued a one-year, secured $7,500 fixed rate Promissory Note (the "note") to an independent contractor, with an interest rate of 10%, which matures in July 2014. The note was issued for the financing of a trailer valued at $7,500. The note calls for weekly payments of $144.23, until the balance and accrued interest is paid in full, and can be repaid before maturity in whole or part, without penalty.		-			5,192

	Total notes receivable	$	2,538		$	13,019
	Less current portion of notes receivable		(2,538	)		(13,019	)

	Long-term portion of notes receivable	$	-		$	-

RELATED_PARTY_TRANSACTIONS_Tab

RELATED PARTY TRANSACTIONS (Tables)	6 Months Ended
RELATED PARTY TRANSACTIONS (Tables)	Apr. 30, 2014
Related Party Transactions [Abstract]	'
Schedule of notes payable	'
		30-Apr-14			31-Oct-13
	On March 13, 2013 an officer, director, and shareholder of the Company sold his tractor and trailer to the Company for a $25,000 unsecured, non-interest bearing Promissory Note, due March 12, 2014.	$	23,400		$	25,000

	On January 11, 2013, we issued an eighteen-month, $32,000 fixed rate Promissory Note payable (the "note") to a Director, who is also an Officer and shareholder, with an interest rate of 8%, which matures in June 11, 2014. The note was issued for the financing of a tractor and trailer, to be used for the benefit of the Company. The note calls for monthly payments of $1,829.49, until the balance and accrued interest is paid in full, and can be repaid before maturity in whole or part, without penalty.







			11,955			22,238

	Total notes payable	$	35,355		$	47,238
	Less current portion of notes payable		(35,355	)		(47,238	)

	Long-term portion of notes payable	$	-		$	-

PROVISION_FOR_INCOME_TAXES_Tab

PROVISION FOR INCOME TAXES (Tables)	6 Months Ended
	Apr. 30, 2014
Income Tax Disclosure [Abstract]	'
Schedule of statutory federal income tax rate to the net income before provision for income taxes	'
					31-Oct-13
		30-Apr-14
	Income tax (benefit) expense at statutory rate	$	(3,399	)	$	(1,300	)
	Valuation allowance		3,399			1,300
	Income tax expense per books	$	-		$	-

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Computation of basic and diluted earnings per share (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013	Oct. 31, 2013
Accounting Policies [Abstract]	'	'	'	'	'
Net income (loss)	($13,514)	$2,069	($9,996)	$2,229	($3,782)
Weighted average common shares outstanding (Basic)	3,623,500	3,147,500	3,623,500	3,053,978	'
Net income (loss) per share (Basic) (in dollars per share)	$0	$0	$0	$0	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) (USD $)	3 Months Ended		6 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013	Oct. 31, 2013
Concentration Risk [Line Items]	'	'	'	'	'
Revenues	$72,840	$108,929	$136,175	$166,059	'
Accounts receivable	35,425	'	35,425	'	25,338
Customer Concentration Risk \| Customer one	'	'	'	'	'
Concentration Risk [Line Items]	'	'	'	'	'
Number of customers	'	'	1	'	'
Customer Concentration Risk \| Revenue \| Customer one	'	'	'	'	'
Concentration Risk [Line Items]	'	'	'	'	'
Revenues	'	'	63,425	'	'
Concentration risk, approximate percentage	'	'	47.00%	'	'
Customer Concentration Risk \| Accounts receivables \| Customer one	'	'	'	'	'
Concentration Risk [Line Items]	'	'	'	'	'
Accounts receivable	$6,240	'	$6,240	'	'
Concentration risk, approximate percentage	'	'	18.00%	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals 1) (USD $)	6 Months Ended
	Apr. 30, 2014	Oct. 31, 2013	Apr. 30, 2013	Oct. 31, 2012
Accounting Policies [Abstract]	'	'	'	'
Depreciation method	'straight-line method	'	'	'
Estimated useful lives of property and equipment	'5 years	'	'	'
Cash and cash equivalents	$49,952	$52,186	$29,712	$26,404

GOING_CONCERN_AND_LIQUIDITY_CO1

GOING CONCERN AND LIQUIDITY CONSIDERATIONS (Detail Textuals) (USD $)	3 Months Ended		6 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Going Concern and Liquidity Considerations [Abstract]	'	'	'	'
Loss from operations	($13,431)	$3,612	($14,764)	($2,582)
Cash flows from operations	'	'	($832)	($13,950)

EQUIPMENT_Details

EQUIPMENT (Details) (USD $)	Apr. 30, 2014	Oct. 31, 2013
Property, Plant and Equipment [Line Items]	'	'
Gross equipment at cost	$47,472	$47,472
Accumulated depreciation and amortization	-12,659	-7,912
Net equipment	34,813	39,560
Tractor	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross equipment at cost	19,231	19,231
Trailer	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross equipment at cost	$28,241	$28,241

EQUIPMENT_Detail_Textuals

EQUIPMENT (Detail Textuals) (USD $)	6 Months Ended
EQUIPMENT (Detail Textuals) (USD $)	Apr. 30, 2014	Apr. 30, 2013
Property, Plant and Equipment [Abstract]	'	'
Depreciation expense	$4,747	$4,645

NOTES_RECEIVABLE_Details

NOTES RECEIVABLE (Details) (USD $)	Apr. 30, 2014	Oct. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total notes receivable	$2,538	$13,019
Less current portion of notes receivable	-2,538	-13,019
Long-term portion of notes receivable	'	'
8% Secured promissory note receivable	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total notes receivable	2,538	7,827
10% Secured promissory note receivable	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total notes receivable	'	$5,192

NOTES_RECEIVABLE_Parenthetical

NOTES RECEIVABLE (Parentheticals) (Details) (Independent contractor, USD $)	0 Months Ended
	Jul. 08, 2013
8% Secured promissory note receivable	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Maturity period of note receivable	'1 year
Promissory note receivable, face amount	$11,000
Notes receivable, interest rate	8.00%
Notes received for sale of equipment	22,000
Notes receivable, weekly payments	228.46
10% Secured promissory note receivable	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Maturity period of note receivable	'1 year
Promissory note receivable, face amount	7,500
Notes receivable, interest rate	10.00%
Notes received for sale of equipment	7,500
Notes receivable, weekly payments	$144.23

NOTES_RECEIVABLE_Detail_Textua

NOTES RECEIVABLE (Detail Textuals) (USD $)	3 Months Ended		6 Months Ended
NOTES RECEIVABLE (Detail Textuals) (USD $)	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Interest income	$224	$162	$632	$305
Notes receivable	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Interest income	'	'	$632	$305

RELATED_PARTY_TRANSACTIONS_Not

RELATED PARTY TRANSACTIONS - Notes payable (Details) (USD $)	Apr. 30, 2014	Oct. 31, 2013
Related Party Transaction [Line Items]	'	'
Total notes payable	$35,355	$47,238
Less current portion of notes payable	-35,355	-47,238
Long-term portion of notes payable	'	'
Promissory Note \| Officer, director, and shareholder	'	'
Related Party Transaction [Line Items]	'	'
Total notes payable	23,400	25,000
Promissory Note \| Director	'	'
Related Party Transaction [Line Items]	'	'
Total notes payable	$11,955	$22,238

RELATED_PARTY_TRANSACTIONS_Not1

RELATED PARTY TRANSACTIONS- Notes payable (Parentheticals) (Details) (Promissory Note, USD $)	Mar. 13, 2013	Jan. 11, 2013
	Officer, director, and shareholder	Director
Related Party Transaction [Line Items]	'	'
Promissory note payable	$25,000	$32,000
Note payable interest rate	'	8.00%
Repayment period of promissory note	'	'18 months
Frequency of payments	'	'Monthly
Note payable monthly payments	'	$1,829.49

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Detail Textuals) (Notes payable, USD $)	6 Months Ended
	Apr. 30, 2014	Apr. 30, 2013
Notes payable	'	'
Related Party Transaction [Line Items]	'	'
Notes payable, interest expense	$717	$862

EQUITY_Detail_Textuals

EQUITY (Detail Textuals) (USD $)	6 Months Ended	44 Months Ended
EQUITY (Detail Textuals) (USD $)	Apr. 30, 2014	Oct. 31, 2014	Oct. 31, 2013
Equity [Abstract]	'	'	'
Preferred stock, shares authorized	20,000,000	'	20,000,000
Preferred stock, par value (in dollars per share)	$0.00	'	$0.00
Preferred stock, shares issued	'	'	'
Preferred stock, shares outstanding	'	'	'
Common stock, shares authorized	100,000,000	'	100,000,000
Common stock, par value (in dollars per share)	$0.00	'	$0.00
Votes entitled to common shareholders	'One vote	'	'
Common stock issued for cash from date of inception	'	3,623,500	'
Common shares issued for cash	'	$86,700	'
Common stock, shares issued	3,623,500	'	3,623,500
Common stock, shares outstanding	3,623,500	'	3,623,500

PROVISION_FOR_INCOME_TAXES_Inc

PROVISION FOR INCOME TAXES - Income tax reconciliation (Details) (USD $)	3 Months Ended	6 Months Ended		12 Months Ended
	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013	Oct. 31, 2013
Income Tax Disclosure [Abstract]	'	'	'	'
Income tax (benefit) expense at statutory rate	'	($3,399)	'	($1,300)
Valuation allowance	'	3,399	'	1,300
Income tax expense per books	$1,056	'	$1,138	'

PROVISION_FOR_INCOME_TAXES_Det

PROVISION FOR INCOME TAXES (Detail Textuals)	6 Months Ended	12 Months Ended
PROVISION FOR INCOME TAXES (Detail Textuals)	Apr. 30, 2014	Oct. 31, 2013
Income Tax Disclosure [Abstract]	'	'
Statutory federal income tax rate	34.00%	34.00%