Gmci (GMCI) 10-K 11 Dec 15 2014 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2014	Oct. 31, 2015	Jun. 30, 2014
Document And Entity Information
Entity Registrant Name	GMCI Corp.
Entity Central Index Key	1,545,312
Trading Symbol	gmci
Entity Current Reporting Status	No
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding		720,802,346
Entity Public Float			$ 82,407
Document Type	10-K
Document Period End Date	Dec. 31, 2014
Amendment Flag	false
Document Fiscal Year Focus	2,014
Document Fiscal Period Focus	FY

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Current Assets
Cash	$ 7,775
Prepaid Expenses		$ 500
Total Current Assets	7,775	500
Mineral Rights
Total Mineral Rights		42,215
Intangibles
Total Intangible Assets, net		8,417
TOTAL ASSETS	7,775	51,132
Current Liabilities
Accounts Payable	2,972	6,821
Convertible notes	195,000
Notes payable, related party		162,563
Advances payable, related party	23,468
Total Current Liabilities	221,440	169,384
Total Liabilities	221,440	169,384
Stockholders' Deficit
Common stock - $0.001 par value; 4,000,000,000 shares authorized, 802,346 and 800,000 issued and outstanding at December 31, 2014 and December 31, 2013	$ 802	$ 800
Preferred Stock - $0.001 par value; 10,000,000shares authorized, no shares issued and outstanding at December 31, 2014 and December 31, 2013
Additional Paid In Capital	$ 30,814	$ 19,200
Accumulated deficit	(245,281)	(138,252)
Total Stockholders' Deficit	(213,665)	(118,252)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 7,775	$ 51,132

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]
Common stock, par value per share (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	4,000,000,000	4,000,000,000
Common stock, shares issued	802,346	800,000
Common stock, shares outstanding	802,346	800,000
Preferred stock, par value per share (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Revenue
Operating Expenses
Amortization Expense	$ 1,156	$ 1,000
Geologist Fees		17,835
Licenses and Permits	475	710
Professional Fees	41,975	18,237
General and administrative	3,058	6,314
Total Operating Expenses	46,664	44,096
Other Income (Expenses)
Impairment of intangible assets and mineral rights	(58,175)
Interest expense	(2,190)
Other Income (Expenses)	(60,365)
Net Loss	$ (107,029)	$ (44,096)
Net Loss Per Share: Basic and Diluted (in dollars per share)	$ (0.005)	$ 0
Weighted Average Shares Outstanding: Basic and Diluted (in shares)	20,048,897	800,000

Statements of Changes in Stockh

Statements of Changes in Stockholders' Deficit - USD ($)	Common Stock	Additional Paid in Capital	Accumulated Deficit	Total
Balance at Dec. 31, 2012	$ 800	$ 19,200	$ (94,156)	$ (74,156)
Balance (in shares) at Dec. 31, 2012	800,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Loss			(44,096)	(44,096)
Balance at Dec. 31, 2013	$ 800	19,200	(138,252)	$ (118,252)
Balance (in shares) at Dec. 31, 2013	800,000			800,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued in exchange for acquisition of data regarding mining claims	$ 4	2,496		$ 2,500
Shares issued in exchange for acquisition of data regarding mining claims (in shares)	4,000
Fractional share cancellation due to reverse split	$ (2)	(814)		(816)
Fractional share cancellation due to reverse split (in shares)	(1,654)
Gain on debt swap		9,932		9,932
Net Loss			(107,029)	(107,029)
Balance at Dec. 31, 2014	$ 802	$ 30,814	$ (245,281)	$ (213,665)
Balance (in shares) at Dec. 31, 2014	802,346			802,346

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
CASH FLOW FROM OPERATING ACTIVITIES:
Net Loss	$ (107,029)	$ (44,096)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:
Impairment of intangible assets and mineral rights	58,175
Amortization Expense	1,156	1,000
Changes in operating assets and liabilities:
Prepaid Expenses	500
Accounts Payable	(4,630)	2,438
NET CASH USED IN OPERATING ACTIVITIES	(51,828)	(40,658)
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in Mineral Rights	(6,200)	(5,600)
NET CASH USED IN INVESTING ACTIVITIES	(6,200)	(5,600)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from advances, related party	23,468
Proceeds note payable, related party	42,335	44,468
NET CASH PROVIDED BY FINANCING ACTIVITIES	65,803	44,468
NET CHANGE IN CASH	7,775	(1,791)
CASH AT BEGINNING OF PERIOD		$ 1,791
CASH AT END OF PERIOD	$ 7,775
Cash Paid during the year for:
Interest
Income Taxes
Non-Cash financing and investing activities:
Common Stock Issued for Intangible Assets Purchase	$ 2,500
Gain on debt swap contributed to additional paid in capital	9,932
Related party note payable converted to convertible notes	$ 204,932

ORGANIZATION AND SUMMARY OF SIG

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES GMCI Corp, formerly Pacific Metals Corp. (“GMCI” or the “Company”) was incorporated in Nevada on June 28, 2006 Basis of Presentation These financial statements are expressed in U.S dollars. The company’s year-end is December 31. Financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States. Reclassification Certain reclassifications have been made to the prior period’s financial statements to conform to the current period’s presentation. Significant Accounting Principles Use of Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and (iii) the reported amount of net sales, expenses and costs recognized during the periods presented. Adjustments made with respect to the use of estimates often relate to improved information not previously available. Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements; accordingly, actual results could differ from these estimates. Cash and Cash Equivalents The company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. At December 31, 2014, cash includes cash on hand and cash in the bank. Income Taxes The company accounts for income taxes in accordance with ASC Topic 740, Income Taxes Loss Per Share The company follows the provisions of ASC Topic 260, Earnings per Share Basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock or conversion of notes into shares of the company’s common stock that could increase the number of shares outstanding and lower the earnings per share of the company’s common stock. This calculation is not done for periods in a loss position as this would be antidilutive. As of December 31, 2014, there were no stock options or stock awards that would have been included in the computation of diluted earnings per share that could potentially dilute basic earnings per share in the future. Mineral Rights All mine-related costs, other than acquisition costs, are expensed prior to the establishment of proven or probable reserves. Reserves designated as proven and probable are supported by a final feasibility study, or the profitable extraction of ores, indicating that the reserves have had the requisite geologic, technical and economic work performed and are legally extractable at the time of reserve determination. Once proven or probable reserves are established, all development and other site-specific costs are capitalized. Capitalized development costs and production facilities are depleted using the units-of-production method based on the estimated gold which can be recovered from the ore reserves processed. There has been no change to the estimate of proven and probable reserves. Maintenance and repairs are charged to expense as incurred. Intangible Assets The company follows the provisions of ASC 350-30, Intangibles Other Than Goodwill Acquisition of Assets Rather than a business Impairment of Long-Lived Assets. The company reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical cost-carrying value of an asset may no longer be appropriate. GMCI assesses recoverability of the carrying value of the asset by estimating the undiscounted future net cash flows, which depend on estimates of metals to be recovered from proven and probable ore reserves, and also identified resources beyond proven and probable reserves, future production costs and future metals prices over the estimated remaining mine life. If undiscounted cash flows are less that the carrying value of a property, an impairment loss is recognized based upon the estimated expected future net cash flows from the property discounted at an interest rate commensurate with the risk involved. If the future net cash flows are less than the carrying value of the asset, an impairment loss is recorded equal to the difference between the asset’s carrying value and fair value. The fair value of an asset retirement obligation is recognized in the period in which it is incurred if a reasonable estimate of fair value can be made. The present value of the estimated asset retirement costs is capitalized as part of the carrying amount of the long-lived asset. For GMCI, asset retirement obligations primarily relate to the abandonment of ore-producing property and facilities. We review the carrying value of our interest in each mineral claim on a quarterly basis to determine whether impairment has incurred in accordance with ASC 360-930. Where information and conditions suggest impairment, we write-down these properties to the net recoverable amount, based on estimated discounted future cash flows. Our estimate of mineral price, mineralized materials, operating capital, and reclamation costs are subject to risks and uncertainties affecting the recoverability of our investment in property, plant, and equipment. Although we have made our best estimate of these factors based on current conditions, it is possible that changes could occur in the near term that could adversely affect our estimate of net cash flows expected to be generated from our operating properties and the need for possible asset impairment write-downs. Where estimates of future net operating cash flows are not available and where other conditions suggest impairment, we assess if carrying value can be recovered from net cash flows generated by the sale of the asset or other means. The company evaluated impairment on its mining claim assets at December 31, 2014 and December 31, 2013 and determined that $58,175 impairment loss should be recorded during the year ended December 31, 2014. Recently issued accounting pronouncements On June 10, 2014, the Financial Accounting Standards Board ("FASB") issued update ASU 2014-10, Development Stage Entities (Topic 915). Amongst other things, the amendments in this update removed the definition of development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from US GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows and shareholders equity, (2) label the financial statements as those of a development stage entity; (3) disclose a description of the development stage activities in which the entity is engaged and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendments are effective for annual reporting periods beginning after December 31, 2014 and interim reporting periods beginning after December 15, 2015, however entities are permitted to early adopt for any annual or interim reporting period for which the financial statements have yet to be issued. The Company has elected to early adopt these amendments and accordingly have not labeled the financial statements as those of a development stage entity and have not presented inception-to-date information on the respective financial statements

MINERAL RIGHTS

MINERAL RIGHTS	12 Months Ended
	Dec. 31, 2014
Mineral Industries Disclosures [Abstract]
MINERAL RIGHTS	NOTE 2 – MINERAL RIGHTS Mineral rights at December 31, 2014 and December 31, 2013 consisted of the following: Intangibles Assets December 31, 2014 December 31, 2013 Graysill Claims $ 48,415 $ 42,215 Impairment (48,415 ) - Total: -- 42,215 At the fiscal year ended December 31, 2014, combined with a proposed change in the geographical location of planned future mineral exploration and production operations, the Company evaluated the carrying value of the Graysill Claims and determined to fully impair the capitalized value totaling $48,415.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 3 – INTANGIBLE ASSETS GMCI acquired a mining claims database which will be amortized over its estimated useful life of ten years using the straight-line method. On May 20, 2014, GMCI has acquired numerous maps, old drill log results and other data from a mining data base containing information produced by past Graysill area claim owners. In exchange for the data 4,000 shares of common stock were issued. The acquired data was recognized as an intangible asset and measured at the market value of the common stock on date of issuance of $0.625; as such the cost base of the assets was $2,500. Intangibles Assets December 31, 2014 December 31, 2013 Mining Claims Database $ 12,500 $ 10,000 Accumulated Amortization (2,740 ) (1,583 ) Net 9,760 8,417 Impairment (9,760 ) - Balance $ - 8,417 Amortization expense for the year ended December 31, 2014 and 2013 was $1,156, and $1,000, respectively. At the fiscal year ended December 31, 2014, combined with a proposed change in the geographical location of planned future mineral exploration and production operations, the Company evaluated the carrying value of the aforementioned intangible assets, and determined to fully impair the capitalized value totaling $9,760.

SHAREHOLDER NOTE PAYABLE _ RELA

SHAREHOLDER NOTE PAYABLE / RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
SHAREHOLDER NOTE PAYABLE / RELATED PARTY TRANSACTIONS	NOTE 4 – SHAREHOLDER NOTE PAYABLE / RELATED PARTY TRANSACTIONS Pacific Gold Corp. During the fiscal year the Company’s former parent company, Pacific Gold Corp. advanced a further $42,335 to fund our ongoing operations. On November 20, 2014, the Company entered a Debt Swap agreement with Pacific Gold Corp, whereby the company indebtedness to the parent company totaling $204,932 as of November 20, 2014 was converted to $195,000 in convertible notes bearing interest at a rate of 10% per annum, with a conversion price of $0.05 per share, due and payable on November 20, 2016. The convertible note is payable to the brother of our former officer and director. SBS Resources Inc. On December 12, 2014 SBS Resources Inc., a company controlled by our current officer and director,

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 5 – INCOME TAXES Deferred income taxes are determined using the liability method for the temporary differences between the financial reporting basis and income tax basis of the Company’s assets and liabilities. Deferred income taxes are measured based on the tax rates expected to be in effect when the temporary differences are included in the Company’s tax return. Deferred tax assets and liabilities are recognized based on anticipated future tax consequences attributable to differences between financial statement carrying amounts of assets and liabilities and their respective tax bases. Operating loss carry-forwards generated during the period from date of inception through December 31, 2014 of approximately $245,281, will begin to expire in 2026. The Company applies a statutory income tax rate of 35%. Accordingly, deferred tax assets related to net operating loss carry-forwards total approximately $85,840 at December 31, 2014. For the year ended December 31, 2014 and 2013, the valuation allowance increased by approximately $37,460 and $15,400, respectively. Any available and unexpired losses carried forward may be appropriated as a result of the change of control in the Company. The Company has no tax positions at December 31, 2014, or December 31, 2013, for which the ultimate deductibility is highly uncertain but for which there is uncertainty about the timing of such deductibility. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company had no accruals for interest and penalties since inception. The tax returns for the years from inception date to December 31, 2014 are subject to examination by the Internal Revenue Service.

COMMON STOCK

COMMON STOCK	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
COMMON STOCK	NOTE 6 – COMMON STOCK On January 2, 2015, the Company filed a Certificate of Amendment with the State of Nevada to (a) increase the number of authorized shares of Common Stock from 200 million to 4 billion; and (b) decrease all of the Company's issued and outstanding shares of Common Stock at a ratio of one (1) share for every 25 existing shares, with all fractional shares to be purchased by the Company at the price of $0.02 per share (the "Reverse Split"). On May 20, 2014, 4,000 common shares were issued in exchange for acquisition of data regarding mining claims held by the company (see Note 3). The Company had a total of 802,346 shares issued and outstanding at December 31, 2014 (800,000 – December 31, 2013.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2014
Going Concern [Abstract]
GOING CONCERN	NOTE 7 – GOING CONCERN The company’s financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of December 31, 2014, the company had an accumulated deficit of $245,281 and negative working capital of $213,665, raising substantial doubt about its ability to continue as a going concern. During the year ended December 31, 2014, the company financed its operations through issuance of debt to the parent company.

CHANGE IN CONTROL

CHANGE IN CONTROL	12 Months Ended
	Dec. 31, 2014
Change In Control [Abstract]
CHANGE IN CONTROL	NOTE 8 – CHANGE IN CONTROL On December 12, 2014, a change in control of Pacific Metals Corp. (the "Company") occurred by virtue of the company's largest shareholder, Pacific Gold Corp., selling 15,110,823 shares of the Company's common stock to Legacy Fiduciary Services Limited. Such shares represents 75.2% of the Company's total issued and outstanding shares of common stock. As part of the sale of the shares, Legacy Fiduciary Services Limited arranged with the resigning member of the Company's Board of Directors to appoint Mr. Lok Khing Ming as the sole officer and director of the Company. Effective December 12, 2014, the Company accepted the resignations of Robert Landau as the sole officer of the Company and as a member of the Company's board of directors. Simultaneously, Mr. Lok Khing Ming was elected as the as the Company's President, Secretary, Treasurer and sole member of the Board. Effective December 12, 2014, the Company appointed W. Scott Lawler, Esq. as the Company's Secretary.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9 – SUBSEQUENT EVENTS On March 17, 2015, the Company filed Articles of Merger with the Nevada SOS whereby it entered into a statutory merger with its wholly-owned subsidiary, GMCI Corp., pursuant to Nevada Revised Statutes 92A.200 et. seq. The effect of such merger is that the Company was the surviving entity and changed its name to "GMCI Corp." On March 19, 2015, the Company filed an Issuer Company-Related Action Notification Form with FINRA requesting that the aforementioned name change be effected in the market. The Company also requested that its ticker symbol be changed to "GMCI". On April 16, 2015, FINRA granted approval for the name change and the ticker symbol change. As discussed above in Note 1 to these financial statements, on March 26, 2015, GMCI entered into a Share Exchange Agreement (the "Agreement") with all of the shareholders of SBS Mining Corp. Malaysia Sd. Bhd., ("SBS") a Malaysian corporation whose primary business is mining and exploration of properties located in Malaysia. Pursuant to the Share Exchange Agreement, the Company acquired 600,000 shares of capital stock of SBS from the SBS Shareholders and in exchange issued 500,000,000 restricted shares of its common stock to the SBS Shareholders. On April 23, 2015, the Company completed the acquisition of SBS per the terms of the aforementioned Share Exchange Agreement. As a result of the completion of this acquisition, SBS is now the Company's wholly-owned subsidiary. The aforementioned business combination was accounted for as a reverse acquisition and recapitalization using accounting principles applicable to reverse acquisitions whereby the financial statements subsequent to the date of the transaction are presented as a continuation of SBS. Under reverse acquisition accounting SBS (subsidiary) is treated as the accounting parent (acquirer) and the Company (parent) is treated as the accounting subsidiary (acquiree). All outstanding shares have been restated to reflect the effect of the business combination.

ORGANIZATION AND SUMMARY OF S16

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation These financial statements are expressed in U.S dollars. The company’s year-end is December 31. Financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States.
Reclassification	Reclassification Certain reclassifications have been made to the prior period’s financial statements to conform to the current period’s presentation.
Use of Estimates and Assumptions.	Use of Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and (iii) the reported amount of net sales, expenses and costs recognized during the periods presented. Adjustments made with respect to the use of estimates often relate to improved information not previously available. Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements; accordingly, actual results could differ from these estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. At December 31, 2014, cash includes cash on hand and cash in the bank.
Income Taxes	Income Taxes The company accounts for income taxes in accordance with ASC Topic 740, Income Taxes
Loss Per Share	Loss Per Share The company follows the provisions of ASC Topic 260, Earnings per Share Basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock or conversion of notes into shares of the company’s common stock that could increase the number of shares outstanding and lower the earnings per share of the company’s common stock. This calculation is not done for periods in a loss position as this would be antidilutive. As of December 31, 2014, there were no stock options or stock awards that would have been included in the computation of diluted earnings per share that could potentially dilute basic earnings per share in the future.
Mineral Rights	Mineral Rights All mine-related costs, other than acquisition costs, are expensed prior to the establishment of proven or probable reserves. Reserves designated as proven and probable are supported by a final feasibility study, or the profitable extraction of ores, indicating that the reserves have had the requisite geologic, technical and economic work performed and are legally extractable at the time of reserve determination. Once proven or probable reserves are established, all development and other site-specific costs are capitalized. Capitalized development costs and production facilities are depleted using the units-of-production method based on the estimated gold which can be recovered from the ore reserves processed. There has been no change to the estimate of proven and probable reserves. Maintenance and repairs are charged to expense as incurred.
Intangible Assets	Intangible Assets The company follows the provisions of ASC 350-30, Intangibles Other Than Goodwill Acquisition of Assets Rather than a business
Impairment of Long-Lived Assets.	Impairment of Long-Lived Assets. The company reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical cost-carrying value of an asset may no longer be appropriate. GMCI assesses recoverability of the carrying value of the asset by estimating the undiscounted future net cash flows, which depend on estimates of metals to be recovered from proven and probable ore reserves, and also identified resources beyond proven and probable reserves, future production costs and future metals prices over the estimated remaining mine life. If undiscounted cash flows are less that the carrying value of a property, an impairment loss is recognized based upon the estimated expected future net cash flows from the property discounted at an interest rate commensurate with the risk involved. If the future net cash flows are less than the carrying value of the asset, an impairment loss is recorded equal to the difference between the asset’s carrying value and fair value. The fair value of an asset retirement obligation is recognized in the period in which it is incurred if a reasonable estimate of fair value can be made. The present value of the estimated asset retirement costs is capitalized as part of the carrying amount of the long-lived asset. For GMCI, asset retirement obligations primarily relate to the abandonment of ore-producing property and facilities. We review the carrying value of our interest in each mineral claim on a quarterly basis to determine whether impairment has incurred in accordance with ASC 360-930. Where information and conditions suggest impairment, we write-down these properties to the net recoverable amount, based on estimated discounted future cash flows. Our estimate of mineral price, mineralized materials, operating capital, and reclamation costs are subject to risks and uncertainties affecting the recoverability of our investment in property, plant, and equipment. Although we have made our best estimate of these factors based on current conditions, it is possible that changes could occur in the near term that could adversely affect our estimate of net cash flows expected to be generated from our operating properties and the need for possible asset impairment write-downs. Where estimates of future net operating cash flows are not available and where other conditions suggest impairment, we assess if carrying value can be recovered from net cash flows generated by the sale of the asset or other means. The company evaluated impairment on its mining claim assets at December 31, 2014 and December 31, 2013 and determined that $58,175 impairment loss should be recorded during the year ended December 31, 2014.
Recently issued accounting pronouncements	Recently issued accounting pronouncements On June 10, 2014, the Financial Accounting Standards Board ("FASB") issued update ASU 2014-10, Development Stage Entities (Topic 915). Amongst other things, the amendments in this update removed the definition of development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from US GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows and shareholders equity, (2) label the financial statements as those of a development stage entity; (3) disclose a description of the development stage activities in which the entity is engaged and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendments are effective for annual reporting periods beginning after December 31, 2014 and interim reporting periods beginning after December 15, 2015, however entities are permitted to early adopt for any annual or interim reporting period for which the financial statements have yet to be issued. The Company has elected to early adopt these amendments and accordingly have not labeled the financial statements as those of a development stage entity and have not presented inception-to-date information on the respective financial statements

MINERAL RIGHTS (Tables)

MINERAL RIGHTS (Tables)	12 Months Ended
	Dec. 31, 2014
Mineral Industries Disclosures [Abstract]
Mineral Rights	Intangibles Assets December 31, 2014 December 31, 2013 Graysill Claims $ 48,415 $ 42,215 Impairment (48,415 ) - Total: -- 42,215

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangibles Assets December 31, 2014 December 31, 2013 Mining Claims Database $ 12,500 $ 10,000 Accumulated Amortization (2,740 ) (1,583 ) Net 9,760 8,417 Impairment (9,760 ) - Balance $ - 8,417

ORGANIZATION AND SUMMARY OF S19

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals)	12 Months Ended
	Dec. 31, 2014USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Impairment loss	$ 58,175

MINERAL RIGHTS - Mineral Rights

MINERAL RIGHTS - Mineral Rights (Details) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Mineral Industries Disclosures [Abstract]
Graysill Claims	$ 48,415	$ 42,215
Impairment	$ (48,415)
Total:		$ 42,215

MINERAL RIGHTS (Detail Textuals

MINERAL RIGHTS (Detail Textuals) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Mineral Industries Disclosures [Abstract]
Carrying value of Graysill Claims	$ 48,415	$ 42,215

INTANGIBLE ASSETS - Acquisition

INTANGIBLE ASSETS - Acquisition of Mining Claims Database (Details) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Intangibles
Mining Claims Database	$ 12,500	$ 10,000
Accumulated Amortization	(2,740)	(1,583)
Net	9,760	8,417
Impairment	$ (9,760)
Balance		$ 8,417

INTANGIBLE ASSETS (Detail Textu

INTANGIBLE ASSETS (Detail Textuals) - USD ($)	1 Months Ended	12 Months Ended
	May. 20, 2014	Dec. 31, 2014	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Estimated life of intangible assets		10 years
Amortization method		straight-line method
Stock issued to acquire intangible assets	4,000	4,000
Common stock issuance price	$ 0.625
Intangible assets acquired	$ 2,500
Amortization expense		$ 1,156	$ 1,000
Capitalized value of intangible assets		$ 9,760	$ 8,417

SHAREHOLDER NOTE PAYABLE _ RE24

SHAREHOLDER NOTE PAYABLE / RELATED PARTY TRANSACTIONS (Detail Textuals) - USD ($)	1 Months Ended	12 Months Ended
	Nov. 20, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 12, 2014
Related Party Transaction [Line Items]
Advanced fund to ongoing operations		$ 42,335	$ 44,468
Related party note payable converted to convertible notes		204,932
Pacific Gold Corp
Related Party Transaction [Line Items]
Advanced fund to ongoing operations		$ 42,335
Related party note payable converted to convertible notes	$ 204,932
Converted notes	$ 195,000
Interest rate of convertible notes	10.00%
Note payable conversion feature, price per share	$ 0.05
SBS Resources Inc
Related Party Transaction [Line Items]
General working capital				$ 23,468

INCOME TAXES (Detail Textuals)

INCOME TAXES (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Operating loss carry-forwards	$ 245,281
Statutory income tax rate	35.00%
Deferred tax assets related to net operating loss carry-forwards	$ 85,840
Valuation allowance	$ 37,460	$ 15,400

COMMON STOCK (Detail Textuals)

COMMON STOCK (Detail Textuals)	Jan. 02, 2015$ / sharesshares	May. 20, 2014$ / sharesshares	Jan. 01, 2015shares	Dec. 31, 2014shares	Dec. 31, 2013shares
Common Stock [Line Items]
Common stock, shares authorized				4,000,000,000	4,000,000,000
Price per share | $ / shares		$ 0.625
Stock issued in exchange for acquisition		4,000
Shares issued				802,346	800,000
Shares outstanding				802,346	800,000
Subsequent Event
Common Stock [Line Items]
Common stock, shares authorized	4,000,000,000		200,000,000
Stockholders' equity stock reverse split, conversion ratio	25
Stockholders' equity note, stock reverse split, description	Ratio of one (1) share for every 25 existing shares
Price per share | $ / shares	$ 0.02

GOING CONCERN (Detail Textuals)

GOING CONCERN (Detail Textuals) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Going Concern [Abstract]
Accumulated deficit	$ (245,281)	$ (138,252)
Negative working capital	$ (213,665)

CHANGE IN CONTROL (Detail Textu

CHANGE IN CONTROL (Detail Textuals)	Dec. 12, 2014shares
Change In Control [Abstract]
Shares selling to Legacy Fiduciary Services Limited	15,110,823
Percentage of total share issued and outstanding	75.20%

SUBSEQUENT EVENTS (Detail Textu

SUBSEQUENT EVENTS (Detail Textuals) - Subsequent Event - Share Exchange Agreement	1 Months Ended
	Mar. 26, 2015shares
Subsequent Event [Line Items]
Acquired shares of capital stock	600,000
Restricted shares issued	500,000,000