| Document and Entity Information | 3 Months Ended | |
| Nov. 30, 2013 | Jan. 15, 2014 | |
| Document and Entity Information: | ' | ' |
| Entity Registrant Name | 'SYMBID CORP. | ' |
| Document Type | '10-Q | ' |
| Document Period End Date | 30-Nov-13 | ' |
| Amendment Flag | 'false | ' |
| Entity Central Index Key | '0001532595 | ' |
| Current Fiscal Year End Date | '--08-31 | ' |
| Entity Common Stock, Shares Outstanding | ' | 34,268,736 |
| Entity Filer Category | 'Smaller Reporting Company | ' |
| Entity Current Reporting Status | 'Yes | ' |
| Entity Voluntary Filers | 'No | ' |
| Entity Well-known Seasoned Issuer | 'No | ' |
| Document Fiscal Year Focus | '2014 | ' |
| Document Fiscal Period Focus | 'Q1 | ' |
| Condensed Balance Sheets (USD $) | Nov. 30, 2013 | Aug. 31, 2013 |
| ASSETS | ' | ' |
| Cash | $0 | $0 |
| Total Assets | 0 | 0 |
| Current Liabilities | ' | ' |
| Accounts payable and accrued liabilities | 125,911 | 39,783 |
| Due to related party | 18,416 | 8,416 |
| Total Liabilities | 144,327 | 48,199 |
| STOCKHOLDERS' DEFICIT | ' | ' |
| Preferred stock Authorized: 10,000,000 preferred shares with a par value of $0.001 per share Issued and outstanding: nil preferred shares | 0 | 0 |
| Common stock Authorized: 290,000,000 common shares with a par value of $0.001 per share Issued and outstanding: 197,500,000 common shares | 197,500 | 197,500 |
| Additional paid-in capital | -98,591 | -98,591 |
| Accumulated deficit during the development stage | -243,236 | -147,108 |
| Total Stockholders' Deficit | -144,327 | -48,199 |
| Total Liabilities and Stockholders' Deficit | $0 | $0 |
| Condensed Balance Sheets Parentheticals (USD $) | Nov. 30, 2013 | Aug. 31, 2013 |
| Parentheticals | ' | ' |
| Preferred Stock, par value | $0.00 | $0.00 |
| Preferred Stock, shares authorized | 10,000,000 | 10,000,000 |
| Common Stock, par value | $0.00 | $0.00 |
| Common Stock, shares authorized | 290,000,000 | 290,000,000 |
| Common Stock, shares issued | 197,500,000 | 197,500,000 |
| Common Stock, shares outstanding | 197,500,000 | 197,500,000 |
| Condensed Statements of Operations (USD $) | 3 Months Ended | 28 Months Ended | |
| Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | |
| REVENUES | ' | ' | ' |
| REVENUES | $0 | $0 | $0 |
| Operating Expenses | ' | ' | ' |
| Consulting fees | 0 | 0 | 10,000 |
| General and administrative | 42,857 | 74 | 53,997 |
| Management fees | 0 | 3,000 | 19,000 |
| Professional fees | 53,271 | 15,300 | 188,536 |
| Website expense | 0 | 0 | 2,500 |
| Total Operating Expenses | 96,128 | 18,374 | 274,033 |
| Net loss before other expenses | -96,128 | -18,374 | -274,033 |
| Other Income (Expense) | ' | ' | ' |
| Gain on settlement of debt | 0 | 0 | 36,000 |
| Interest expense | 0 | -1,020 | -5,203 |
| Total Other Income (Expense) | 0 | ' | ' |
| Net Loss | ($96,128) | ($19,394) | ($243,236) |
| Net Loss per Share - Basic and Diluted | $0 | $0 | ' |
| Weighted Average Shares Outstanding - Basic and Diluted | 197,500,000 | 197,500,000 | ' |
| Condensed Statements of Cash Flows (USD $) | 3 Months Ended | 28 Months Ended | |
| Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | |
| Cash flow from operating activities: | ' | ' | ' |
| Net Loss | ($96,128) | ($19,394) | ($243,236) |
| Adjustments to reconcile net loss to net cash used by operating activities: | ' | ' | ' |
| Gain on settlement of debt | 0 | 0 | -36,000 |
| Expenses paid by a related party | 10,000 | 3,500 | 27,516 |
| Changes in operating assets and liabilities: | ' | ' | ' |
| Accounts payable and accrued liabilities | 86,128 | 2,821 | 167,113 |
| Accrued compensation | 0 | -13,000 | 3,000 |
| Net Cash Used In Operating Activities | 0 | -26,073 | -81,607 |
| Financing Activities | ' | ' | ' |
| Proceeds from notes payable - related | 0 | 0 | 45,200 |
| Repayment of notes payable - related | 0 | -3,000 | -3,593 |
| Proceeds from the issuance of common stock | 0 | 0 | 40,000 |
| Net Cash Provided By (Used In) Financing Activities | 0 | -3,000 | 81,607 |
| Decrease in Cash | 0 | -29,073 | 0 |
| Cash - Beginning of Period | 0 | 29,816 | 0 |
| Cash - End of Period | 0 | 743 | 0 |
| Non-cash investing and financing activities | ' | ' | ' |
| Settlement of related party debt | $0 | $0 | $58,909 |
| Nature of Operations and Continuance of Business | 3 Months Ended |
| Nov. 30, 2013 | |
| Nature of Operations and Continuance of Business | ' |
| Nature of Operations and Continuance of Business | ' |
| 1 | |
| Nature of Operations and Continuance of Business | |
| Symbid Corp. (formerly Hapykidz.com, Inc.) (the “Company”) was incorporated in the state of Nevada on July 29, 2011. The Company is a development stage company, as defined by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 915, Development Stage Entities. | |
| The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with the audited financial statements of Symbid Corp., and the related notes thereto contained in the Company’s 10-K for the year ended August 31, 2013 filed with the SEC on October 17, 2013. Certain information and note disclosure normally included in annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to those rules and regulations. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. | |
| Going Concern | |
| These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. As of November 30, 2013, the Company has not recognized any revenue, has a working capital deficit of $144,327, and has an accumulated deficit of $243,236. The continuation of the Company as a going concern is dependent upon the continued financial support from its management, and its ability to identify future investment opportunities and obtain the necessary debt or equity financing, and generating profitable operations from the Company’s future operations. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. |
| Summary of Significant Accounting Policies | 3 Months Ended |
| Nov. 30, 2013 | |
| Summary of Significant Accounting Policies | ' |
| Summary of Significant Accounting Policies | ' |
| 2 | |
| Summary of Significant Accounting Policies | |
| a) | |
| Basis of Presentation | |
| The financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and are expressed in U.S. dollars. The Company’s fiscal year end is August 31. | |
| b) | |
| Use of Estimates | |
| The preparation of financial statements in conformity with US GAAP 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 and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. | |
| c) | |
| Basic and Diluted Net Loss per Share | |
| The Company computes net loss per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive. As of November 30 and August 31, 2013, the Company did not have any potentially dilutive shares. | |
| d) | |
| Recent Accounting Pronouncements | |
| The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
| Related Party Transactions | 3 Months Ended |
| Nov. 30, 2013 | |
| Related Party Transactions | ' |
| Related Party Transactions | ' |
| 3 | |
| Related Party Transactions | |
| During the period ended November 30, 2013, the Company incurred $nil (2012 - $3,000) of management fees to the former President and Director of the Company. |
| Subsequent Events | 3 Months Ended |
| Nov. 30, 2013 | |
| Subsequent Events | ' |
| Subsequent Events | ' |
| 4 | |
| Subsequent Events | |
| We have evaluated subsequent events through the date of issuance of the financial statements, and did not have any material recognizable subsequent events, excepting the following: | |
| (a) | |
| On December 6, 2013, the Company, Symbid Holding B.V., a limited liability company organized under the laws of The Netherlands, and the shareholders of Symbid Holding B.V. entered into a Share Exchange Agreement, which closed on the same date. | |
| Pursuant to the terms of the Share Exchange Agreement, the shareholders of Symbid Holding B.V. sold all of their capital stock in Symbid Holding B.V. to the Company in exchange for 21,170,000 shares of the Company’s Common Stock (the “Share Exchange”). As a result of the Share Exchange, Symbid Holding B.V. became the Company’s wholly-owned subsidiary. Also pursuant to the Share Exchange Agreement, 187,500,000 shares of the Company’s common stock were surrendered and cancelled. | |
| Prior to the Share Exchange, the Company ceased being an e-commerce marketplace that offered daily discounts on goods and services through a proprietary website and became a “shell company”. Pursuant to the Share Exchange, the Company acquired the business of Symbid Holding B.V., to engage in the creation and operation of online investment crowd funding platforms. | |
| (b) | |
| On December 6, 2013, the Company issued 3,098,736 units at $0.50 per unit for gross proceeds of $1,549,368. Each unit is comprised of one common share of the Company and one share purchase warrant which can be exercised into one common share of the Company at $0.75 per share for a period of three years. |
| Accounting Policies (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Significant Accounting Policies | ' |
| Basis of Presentation | ' |
| a) | |
| Basis of Presentation | |
| The financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and are expressed in U.S. dollars. The Company’s fiscal year end is August 31. | |
| Use of Estimates | ' |
| b) | |
| Use of Estimates | |
| The preparation of financial statements in conformity with US GAAP 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 and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. | |
| Basic and Diluted Net Loss per Share | ' |
| c) | |
| Basic and Diluted Net Loss per Share | |
| The Company computes net loss per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive. As of November 30 and August 31, 2013, the Company did not have any potentially dilutive shares. | |
| Recent Accounting Pronouncements | ' |
| d) | |
| Recent Accounting Pronouncements | |
| The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
| Going Concern (Details) (USD $) | Nov. 30, 2013 |
| Going Concern: | ' |
| Working capital deficit | $144,327 |
| Accumulated deficit | $243,236 |
| Related Party Transactions As Follows (Details) (USD $) | 3 Months Ended | |
| Nov. 30, 2013 | Nov. 30, 2012 | |
| Related Party Transactions As Follows: | ' | ' |
| Incurred management fees to the former President and Director | $0 | $3,000 |
| Subsequent Events Transactions (Details) (USD $) | Dec. 06, 2013 |
| Subsequent Events Transactions: | ' |
| Pursuant To Share Exchange Agreement in exchange for shares | 21,170,000 |
| Common stock were surrendered and cancelled | 187,500,000 |
| Issued common shares | 3,098,736 |
| Issued common share per unit | $0.50 |
| Issued common share gross proceeds | $1,549,368 |
| Share purchase warrant which can be exercised into one common share per share | $0.75 |
