Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended |
Jan. 31, 2015 | |
Document and Entity Information: | |
Entity Registrant Name | Force Protection Video Equipment Corp. |
Document Type | 10-Q |
Document Period End Date | 31-Jan-15 |
Amendment Flag | FALSE |
Entity Central Index Key | 1518720 |
Current Fiscal Year End Date | -26 |
Entity Common Stock, Shares Outstanding | 18,145,000 |
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 | 2015 |
Document Fiscal Period Focus | Q3 |
Force_Protection_Video_Equipme
Force Protection Video Equipment Corp.- Condensed Balance Sheets (USD $) | Jan. 31, 2015 | Apr. 30, 2014 | ||
Current Assets: | ||||
Cash and cash equivalents | $25,378 | $53,751 | ||
TOTAL CURRENT ASSETS | 25,378 | 53,751 | ||
Current Liabilities: | ||||
Accounts payable and accrued expenses | 9,475 | 2,192 | ||
Total Current Liabilities | 9,475 | 2,192 | ||
Stockholders' Equity | ||||
Common stock | 1,814 | [1] | 1,814 | [1] |
Additional paid-in capital | 199,870 | 199,870 | ||
Deficit accumulated during the development stage | -185,781 | -150,125 | ||
Total Stockholders' Equity | 15,903 | 51,559 | ||
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $25,378 | $53,751 | ||
[1] | $0.0001 par value, 50,000,000 shares authorized, 18,145,000 and 18,145,000 shares issued and outstanding, respectively. |
Force_Protection_Video_Equipme1
Force Protection Video Equipment Corp. - Balance Sheets - Parenthetical (USD $) | Jan. 31, 2015 | Apr. 30, 2014 |
Statement of Financial Position | ||
Common Stock, Par Value | $0.00 | $0.00 |
Common Stock, Shares Authorized | 50,000,000 | 50,000,000 |
Common Stock, Shares Issued | 18,145,000 | 18,145,000 |
Common Stock, Shares Outstanding | 18,145,000 | 18,145,000 |
Force_Protection_Video_Equipme2
Force Protection Video Equipment Corp. - Condensed Statements of Operations (USD $) | 3 Months Ended | 9 Months Ended | 47 Months Ended | ||
Jan. 31, 2015 | Nov. 01, 2013 | Jan. 31, 2015 | Jan. 31, 2014 | Jan. 31, 2015 | |
Income Statement | |||||
Sales | $1,500 | $2,000 | $5,000 | $2,000 | $10,800 |
EXPENSES | |||||
Payroll- Officer | 10,000 | 70,000 | |||
General and administrative | 8,645 | 18,258 | 40,656 | 34,222 | 122,581 |
Total Expenses | 8,645 | 18,258 | 40,656 | 44,222 | 192,581 |
Net (Loss) Before Income Taxes | -7,145 | -16,258 | -35,656 | -42,222 | -181,781 |
Income Taxes | |||||
Provision for Income Taxes | |||||
Net (Loss) | ($7,145) | ($16,258) | ($35,656) | ($42,222) | ($181,781) |
(Loss) Per Share- Basic and Diluted | $0 | $0 | $0 | ($0.01) | |
Weighted Average Outstanding Shares Basic and Diluted | 18,145,000 | 10,145,000 | 18,145,000 | 6,096,087 |
Force_Protection_Video_Equipme3
Force Protection Video Equipment Corp. - Statements of Cash Flows (USD $) | 9 Months Ended | 47 Months Ended | |
Jan. 31, 2015 | Jan. 31, 2014 | Jan. 31, 2015 | |
Cash flows from operating activities: | |||
Net (Loss) | ($35,656) | ($42,222) | ($181,781) |
Changes in operating assets and liabilities: | |||
Increase in prepaid expenses | -500 | ||
Increase in accounts payable and accrued expenses | 7,283 | 5,026 | 75,475 |
Net Cash Used by Operating Activities | -28,373 | -37,696 | -106,306 |
Cash Flows From Financing Activities: | |||
Proceeds from sale of common stock | 87,500 | 102,250 | |
Capital contributions from stockholder | 17,284 | 29,434 | |
Net Cash Provided by Financing Activities | 104,784 | 131,684 | |
NET INCREASE (DECREASE) IN CASH | -28,373 | 67,088 | 25,378 |
Cash, beginning of period | 53,751 | 164 | |
Cash, end of period | 25,378 | 67,252 | 25,378 |
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | |||
Cash paid for interest | |||
Cash paid for taxes | |||
Accrued officer compensation forgiven and donated as contributed capital | $70,000 | $70,000 |
Note_1_Interim_Unaudited_Finan
Note 1 - Interim Unaudited Financial Statements | 9 Months Ended |
Jan. 31, 2015 | |
Notes | |
Note 1 - Interim Unaudited Financial Statements | NOTE 1 – INTERIM UNAUDITED FINANCIAL STATEMENTS |
The balance sheet of Force Protection Video Equipment Corporation. (the “Company”) as of January 31, 2015, and the statements of operations and cash flows for the three and nine months then ended, and the statement of stockholders’ equity from inception (March 11, 2011) to January 31, 2015, have not been audited. However, in the opinion of management, such information includes all adjustments (consisting only of normal recurring adjustments) which are necessary to properly reflect the financial position of the Company as of January 31, 2015, and the results of its operations and cash flows for the three and nine months ended, and its changes in stockholders’ equity from inception (March 11, 2011) to January 31, 2015. | |
Certain information and notes normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted, although management believes that the disclosures are adequate to make the information presented not misleading and in conformity with the rules of the Securities and Exchange Commission. Interim period results are not necessarily indicative of the results to be achieved for an entire year. These financial statements should be read in conjunction with the financial statements and notes to financial statements included in the Company’s financial statements as filed on its Form 10-K for the fiscal year ended April 30, 2014. |
Note_2_Company_Background_and_
Note 2 - Company Background and Organization | 9 Months Ended |
Jan. 31, 2015 | |
Notes | |
Note 2 - Company Background and Organization | NOTE 2 – COMPANY BACKGROUND AND ORGANIZATION |
Force Protection Video Equipment Corporation, (the Company), was incorporated on March 11, 2011, under the laws of the State of Florida. On February 1, 2015 the Company changed its name to its current name, Forced Protection Video Corporation. We were originally incorporated for the purpose of providing an online marketplace for artwork created by German artist Reinhold Mackenroth on the internet. Unfortunately, sales did not materialize as expected for M Street Galley Inc. and as such, we decided to transition our operations by going into the reputation management and enhancement business and changed the company’s name to Enhance-Your-Reputation.com Inc. When this business did not generate significant revenues, we decided to change the direction of the company to focus on the sale of mini body video cameras to consumers and law enforcement. . See Note 7 ”Subsequent Events” below. |
Note_3_Summary_of_Significant_
Note 3 - Summary of Significant Accounting Policies | 9 Months Ended |
Jan. 31, 2015 | |
Notes | |
Note 3 - Summary of Significant Accounting Policies | NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Basis of Presentation – Development Stage Company | |
The Company is a development stage company as defined by ASC 915-10, “Development Stage Entities”. All losses accumulated since inception have been considered as part of the Company’s development stage activities. The Company has not earned any significant revenue from operations. | |
Among the disclosures required for development stage companies’ is that the financial statements be identified as those of a development stage company, and that the statements of operations, stockholders’ equity and cash flows disclose activity since the date of the Company’s inception. | |
Accounting Basis | |
The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted an April 30 fiscal year end. | |
Cash and Cash Equivalents | |
The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. | |
Accounts Receivable | |
The Company may realize accounts receivable consisting of amounts owed by customers for services performed by the Company pursuant to “Service Agreement” contracts. As of January 31, 2015 and April 30, 2014 there were no accounts receivable. | |
Fair Value of Financial Instruments | |
The Company’s financial instruments consist of cash and cash equivalents and accounts payable and accrued expenses. The carrying amounts of the Company’s financial instruments approximate fair value because of the short term maturity of these items. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect those estimates. We do not hold or issue financial instruments for trading purposes, nor do we utilize derivative instruments. | |
Income Taxes | |
In accordance with ASC 740, deferred income taxes and benefits will be provided for the results of operations of the Company. The tax effects of temporary differences and carry-forwards that give rise to significant portion of deferred tax assets and liabilities will be recognized as appropriate. | |
Use of Estimates | |
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |
Revenue Recognition | |
The Company recognizes revenue when (a) pervasive evidence of an arrangement exists (b) products are delivered or services have been rendered (c) the sales price is fixed or determinable, and (d) collection is reasonably assured. | |
Stock Based Compensation | |
Stock based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options. | |
Basic Income (Loss) Per Share | |
Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common stock by the weighted average number of shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There has not been any dilutive debt since inception. | |
Fair Value Measurements | |
The Company follows the provision of ASC 820, “Fair Value Measurements And Disclosures”. ASC 820 defines fair value, establishes a framework for measuring fair value under generally accepted principles, and enhances disclosures about fair value measurements. | |
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. To increase the comparability of fair value measures, the following hierarchy prioritizes the inputs to valuation methodologies used to measure fair value: | |
Level 1 – Valuations based on quoted prices for identical assets and liabilities in active market. | |
Level 2 – Valuations based on observable inputs other than quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. | |
Level 3 – Valuations based on unobservable inputs reflecting the Company’s own assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgement. | |
As of January 31, 2015 and April 30, 2014 the Company did not have any assets or liabilities that were required to be measured at fair value on a recurring basis or on a non-recurring basis. | |
Recent Accounting Pronouncements | |
In June 2014, FASB issued ASU 2014-10, Development Stage Entities, which eliminates the concept of a development stage entity (DSE) in its entirety from current accounting guidance. The removal of the DSE reporting requirements are effective for public entities for annual reporting periods beginning after December 15, 2014, and interim periods therein. Early adoption of the new standard is permitted; however, the Company has not adopted the standard. | |
The Company does not expect the adoption of recently issued accounting pronouncements to have a material impact on the Company’s financial statements. |
Note_4_Stockholders_Equity_Sal
Note 4 - Stockholders' Equity, Sales of Common Stock, and Contributed Capital Transactions | 9 Months Ended |
Jan. 31, 2015 | |
Notes | |
Note 4 - Stockholders' Equity, Sales of Common Stock, and Contributed Capital Transactions | NOTE 4 - Stockholders’ Equity, sales of common stock, and contributed capital transactions |
In March 2011, the Company sold 2,500,000 shares of their restricted common stock to the President and Founder of the company for $250. | |
In March 2011, the Company sold 91,000 shares of their restricted common stock, under Regulation S of the Securities Act of 1933, as amended, for the above issuances to non US citizens or residents. The shares were offered at a per share price of $.10, for an aggregate sum of $9,100. | |
In April, 2011, Pursuant to Rule 505 of Regulation D of the Securities Act of 1933, as amended, the company sold 54,000 shares of restricted common stock for $5,400. | |
In May, 2011, $1,500 in legal costs associated with the registration was paid for by a principal stockholder as a gift to the company, and thus was accounted for as contributed capital. | |
Throughout the 2013 fiscal year, the company received a total of $10,650 from its president, at no cost to the company, and is accounted for as a contribution of capital. | |
In May 2013, the Company received a total of $1,700 from its president, at no cost to the company, and is accounted for as contribution of capital. | |
On September 27, 2013, the Company received $7,500 from its new President in exchange for 7,500,000 common shares sold at $0.001 per share. | |
During the quarter ended October 31, 2013, the Company’s former President forgave $70,000 of accrued compensation as a contribution of capital. | |
During the quarter ended October 31, 2013, both the Company’s former and successor Presidents’ personally paid in the aggregate $22,284 of the Company’s obligations which consisted primarily of auditor, legal, and transfer agent fees. These transactions were accounted for as capital contributions. | |
On November 18, 2013, the Company received $80,000 from the sale of 8,000,000 shares of restricted common stock at $0.01 per share. The 8,000,000 shares were issued on April 28, 2014. | |
During the quarter ended January 31, 2014, the Company’s former President personally paid $1,750 of the Company’s obligation to its auditor. The transaction was accounted for as a capital contribution. |
Note_5_Related_Party_Transacti
Note 5 - Related Party Transactions | 9 Months Ended |
Jan. 31, 2015 | |
Notes | |
Note 5 - Related Party Transactions | NOTE 5 - Related Party Transactions |
The Company’s CEO’s ceased receiving any compensation for services as of July 31, 2013 because of the minimal time required to oversee the Company’s operations. | |
Commencing November 1, 2011 the Company’s former CEO and President, Mr. Mackenroth, was to receive a salary of $40,000 per year. This compensation was to be deferred until funds were available. In September 2013, the former officer sold his common stock to the Company’s current CEO and President and forgave $70,000 of accrued compensation that was owed to him as a capital contribution to the Company. | |
In May 2013, the Company received $1,700 from its president, at no cost to the Company, and is accounted for as a contribution of capital. | |
On September 27, 2013, the Company’s new CEO/President purchased 7,500,000 common shares at $0.001 per share for $7,500. | |
During the three month period ended October 31, 2013, both the Company’s former and successor Presidents’ personally paid in the aggregate $22,284 of the Company’s obligations which consisted primarily of auditor, legal, and transfer agent fees. These transactions were accounted for as capital contributions. | |
During the three month period ended January 31, 2014, the Company’s former president personally paid $1,750 of the Company’s obligation to its auditor. The transaction was accounted for as a capital contribution. |
Note_6_Income_Taxes
Note 6 - Income Taxes | 9 Months Ended |
Jan. 31, 2015 | |
Notes | |
Note 6 - Income Taxes | NOTE 6 – Income Taxes |
In September 2013, the Company’s sole shareholder/President sold all of his common stock, which represented 94.5% of the Company’s issued and outstanding stock, to the Company’s new president. Pursuant to Internal Revenue Service (IRS) Code Section 382, an ownership change of greater than 50% triggers certain limits to the corporation’s right to use its net operating loss (NOL) carryovers each year thereafter to an annual percentage of the fair market value of the corporation at the time of the ownership change. | |
The Company determined that the ownership change referred to above will limit the Company to utilize $15,616 of the $41,828 of NOL’s it incurred prior to the ownership change. | |
No deferred tax asset has been reported in the financial statements because the Company believes there is a 50% or greater chance that its NOL’s will expire unused. Accordingly, the potential tax benefits of the NOL carryforwards are offset by a valuation allowance of the same amount. | |
As of January 31, 2015, the Company’s NOL carryforward totaled $85,531; $15,616 of which will expire April 30, 2032, $38,259 on April 30, 2033 and $31,656 on April 2034. | |
The Company’s tax returns are subject to examination by the federal and state tax authorities for years ended April 30, 2012 through 2014. |
Note_7_Subsequent_Event
Note 7 - Subsequent Event | 9 Months Ended |
Jan. 31, 2015 | |
Notes | |
Note 7 - Subsequent Event | NOTE 7 – Subsequent Event |
As reported in our 8-K filed with the SEC on February 3, 2015, effective February 1, 2015, the control of the Company changed, its business model changed and so did its name. Effective February 1, 2015, Douglas Ward resigned his positions as an officer and director of the Company and Paul Feldman was appointed as our sole officer and director, including president, secretary and chief financial officer. Mr. Feldman was previously the president of a publicly traded company, Law Enforcement Associates, Inc. (“LEA”). | |
Subsequent to January 31, 2015, we sold a total of 550,000 shares of our restricted common stock to two accredited investors for a total of $55,000. The shares were issued pursuant to the exemption provided by Section 4(2) of the Securities Act of 1933, as amended. |
Note_3_Summary_of_Significant_1
Note 3 - Summary of Significant Accounting Policies: Basis of Presentation - Development Stage Company (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Basis of Presentation - Development Stage Company | Basis of Presentation – Development Stage Company |
The Company is a development stage company as defined by ASC 915-10, “Development Stage Entities”. All losses accumulated since inception have been considered as part of the Company’s development stage activities. The Company has not earned any significant revenue from operations. | |
Among the disclosures required for development stage companies’ is that the financial statements be identified as those of a development stage company, and that the statements of operations, stockholders’ equity and cash flows disclose activity since the date of the Company’s inception. |
Note_3_Summary_of_Significant_2
Note 3 - Summary of Significant Accounting Policies: Accounting Basis (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Accounting Basis | Accounting Basis |
The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted an April 30 fiscal year end. |
Note_3_Summary_of_Significant_3
Note 3 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Cash and Cash Equivalents | Cash and Cash Equivalents |
The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. |
Note_3_Summary_of_Significant_4
Note 3 - Summary of Significant Accounting Policies: Accounts Receivable (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Accounts Receivable | Accounts Receivable |
The Company may realize accounts receivable consisting of amounts owed by customers for services performed by the Company pursuant to “Service Agreement” contracts. As of January 31, 2015 and April 30, 2014 there were no accounts receivable. |
Note_3_Summary_of_Significant_5
Note 3 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Fair Value of Financial Instruments | Fair Value of Financial Instruments |
The Company’s financial instruments consist of cash and cash equivalents and accounts payable and accrued expenses. The carrying amounts of the Company’s financial instruments approximate fair value because of the short term maturity of these items. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect those estimates. We do not hold or issue financial instruments for trading purposes, nor do we utilize derivative instruments. |
Note_3_Summary_of_Significant_6
Note 3 - Summary of Significant Accounting Policies: Income Taxes (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Income Taxes | Income Taxes |
In accordance with ASC 740, deferred income taxes and benefits will be provided for the results of operations of the Company. The tax effects of temporary differences and carry-forwards that give rise to significant portion of deferred tax assets and liabilities will be recognized as appropriate. |
Note_3_Summary_of_Significant_7
Note 3 - Summary of Significant Accounting Policies: Use of Estimates (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Use of Estimates | Use of Estimates |
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Note_3_Summary_of_Significant_8
Note 3 - Summary of Significant Accounting Policies: Revenue Recognition (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Revenue Recognition | Revenue Recognition |
The Company recognizes revenue when (a) pervasive evidence of an arrangement exists (b) products are delivered or services have been rendered (c) the sales price is fixed or determinable, and (d) collection is reasonably assured. |
Note_3_Summary_of_Significant_9
Note 3 - Summary of Significant Accounting Policies: Stock Based Compensation (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Stock Based Compensation | Stock Based Compensation |
Stock based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options. |
Recovered_Sheet1
Note 3 - Summary of Significant Accounting Policies: Basic Income (loss) Per Share (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Basic Income (loss) Per Share | Basic Income (Loss) Per Share |
Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common stock by the weighted average number of shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There has not been any dilutive debt since inception. |
Recovered_Sheet2
Note 3 - Summary of Significant Accounting Policies: Fair Value Measurements (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Fair Value Measurements | Fair Value Measurements |
The Company follows the provision of ASC 820, “Fair Value Measurements And Disclosures”. ASC 820 defines fair value, establishes a framework for measuring fair value under generally accepted principles, and enhances disclosures about fair value measurements. | |
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. To increase the comparability of fair value measures, the following hierarchy prioritizes the inputs to valuation methodologies used to measure fair value: | |
Level 1 – Valuations based on quoted prices for identical assets and liabilities in active market. | |
Level 2 – Valuations based on observable inputs other than quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. | |
Level 3 – Valuations based on unobservable inputs reflecting the Company’s own assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgement. | |
As of January 31, 2015 and April 30, 2014 the Company did not have any assets or liabilities that were required to be measured at fair value on a recurring basis or on a non-recurring basis. |
Recovered_Sheet3
Note 3 - Summary of Significant Accounting Policies: Recent Accounting Pronouncements (Policies) | 9 Months Ended |
Jan. 31, 2015 | |
Policies | |
Recent Accounting Pronouncements | Recent Accounting Pronouncements |
In June 2014, FASB issued ASU 2014-10, Development Stage Entities, which eliminates the concept of a development stage entity (DSE) in its entirety from current accounting guidance. The removal of the DSE reporting requirements are effective for public entities for annual reporting periods beginning after December 15, 2014, and interim periods therein. Early adoption of the new standard is permitted; however, the Company has not adopted the standard. | |
The Company does not expect the adoption of recently issued accounting pronouncements to have a material impact on the Company’s financial statements. |
Note_4_Stockholders_Equity_Sal1
Note 4 - Stockholders' Equity, Sales of Common Stock, and Contributed Capital Transactions (Details) (USD $) | 9 Months Ended | 47 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | |||||||
Jan. 31, 2014 | Jan. 31, 2015 | Oct. 31, 2013 | Apr. 30, 2013 | Jan. 31, 2014 | Apr. 30, 2014 | Apr. 28, 2014 | Nov. 18, 2013 | Sep. 27, 2013 | 31-May-13 | |||
Common stock | $1,814 | [1] | $1,814 | [1] | ||||||||
Common Stock, Shares Issued | 18,145,000 | 18,145,000 | 8,000,000 | |||||||||
Common Stock, Par Value | $0.00 | $0.00 | $0.01 | |||||||||
Accrued officer compensation forgiven and donated as contributed capital | 70,000 | 70,000 | ||||||||||
Proceeds from Sale of Common Stock | 80,000 | |||||||||||
Sale of Common Stock Shares | 8,000,000 | |||||||||||
President | ||||||||||||
Proceeds from Contributed Capital | 10,650 | |||||||||||
General Partners' Contributed Capital | 1,700 | |||||||||||
Common stock | 7,500 | |||||||||||
Common Stock, Shares Issued | 7,500,000 | |||||||||||
Common Stock, Par Value | $0.00 | |||||||||||
Accrued officer compensation forgiven and donated as contributed capital | 70,000 | |||||||||||
Former and Successor Presidents | ||||||||||||
Legal Fees | 22,284 | |||||||||||
Former President | ||||||||||||
Professional Fees | $1,750 | |||||||||||
[1] | $0.0001 par value, 50,000,000 shares authorized, 18,145,000 and 18,145,000 shares issued and outstanding, respectively. |
Note_5_Related_Party_Transacti1
Note 5 - Related Party Transactions (Details) (USD $) | 12 Months Ended | ||||||||
Oct. 31, 2012 | Jan. 31, 2015 | Apr. 30, 2014 | Apr. 28, 2014 | Nov. 18, 2013 | Sep. 01, 2013 | Sep. 27, 2013 | |||
Accrued Salaries, Current | $70,000 | ||||||||
Common Stock, Shares Issued | 18,145,000 | 18,145,000 | 8,000,000 | ||||||
Common Stock, Par Value | $0.00 | $0.00 | $0.01 | ||||||
Common stock | 1,814 | [1] | 1,814 | [1] | |||||
Mackenroth | |||||||||
Salaries, Wages and Officers' Compensation | 40,000 | ||||||||
Ward | |||||||||
Common Stock, Shares Issued | 7,500,000 | ||||||||
Common Stock, Par Value | $0.00 | ||||||||
Common stock | $7,500 | ||||||||
[1] | $0.0001 par value, 50,000,000 shares authorized, 18,145,000 and 18,145,000 shares issued and outstanding, respectively. |
Note_6_Income_Taxes_Details
Note 6 - Income Taxes (Details) (USD $) | 1 Months Ended | |
Sep. 30, 2013 | Jan. 31, 2015 | |
Details | ||
Operating Income (Loss) | $15,616 | |
Operating Loss Carryforwards | $85,531 |