Petrogress (PGAS) 10-Q 15 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	15-May-15
Document And Entity Information
Entity Registrant Name	800 Commerce, Inc.
Entity Central Index Key	1558465
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		19,950,000
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2015

CONDENSED_BALANCE_SHEETS_Unaud

CONDENSED BALANCE SHEETS (Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$2,714	$3,501
Accounts receivable	56,865	27,069
Prepaid expenses	750	2,250
Notes receivable	70,820	70,591
Marketable securities	13,440	30,000
Security deposit	700	700
Total current assets	145,289	134,111
Patents Pending	33,950	33,950
Property and equipment, net	1,246	1,441
Total assets	180,485	169,502
Current Liabilities:
Accounts payable and accrued expenses	102,951	68,411
Due to stockholders	440,030	389,721
Total current liabilities	542,981	458,132
Stockholders' Deficit:
Preferred stock, $0.001 par value; 10,000,000 shares authorized, none issued
Common stock, $0.001 par value; 90,000,000 shares authorized; 19,950,000 shares issued and outstanding	19,950	19,950
Additional paid-in capital	1,425,252	1,425,252
Accumulated comprehensive loss	-100,560	-84,000
Accumulated deficit	-1,707,138	-1,649,832
Total stockholders' deficit	-362,496	-288,630
Total liabilities and stockholders' deficit	$180,485	$169,502

CONDENSED_BALANCE_SHEETS_Paren

CONDENSED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred Stock, par value	$0.00	$0.00
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares issued
Preferred Stock, shares outstanding
Common Stock, par value	$0.00	$0.00
Common Stock, shares authorized	90,000,000	90,000,000
Common Stock, shares issued	19,950,000	19,950,000
Common Stock, shares outstanding	19,950,000	19,950,000

CONDENSED_STATEMENTS_OF_OPERAT

CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Fee revenue, net	$84,333	$90,448
Cost of revenue	80,633	89,607
Gross profit (loss)	3,700	841
Operating expenses:
Salaries and management fees	37,656	22,500
Rent	2,250
Transfer agent and filing fees	2,055	2,970
Professional and consulting fees	8,276	3,150
Software development and internet expenses	2,580	873
Other general and administrative	8,189	847
Total operating expenses	61,006	30,340
Operating loss	-57,306	-29,499
Other income
Gain on sale of marketable securities		7,054
Total other income, net		7,054
Net loss	-57,306	-22,445
Other Comprehensive gain, net of tax:
Unrealized (loss) gain on marketable securities	-16,560	207,804
Less reclassification adjustment for gains included in net loss		-7,054
Other comprehensive (loss) income	-16,560	200,750
Comprehensive (loss) income	($73,866)	$178,305
Net loss per share	$0	$0
Weighted average number of common shares outstanding Basic and diluted	19,950,000	19,950,000

CONDENSED_STATEMENTS_OF_CASH_F

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net loss	($57,306)	($22,445)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	195	99
Gain on sales of marketable securities		-7,054
Change in operating assets and liabilities:
Decrease (increase) in prepaid assets	1,500	-1,500
Increase in note receivable	-227
Increase in accounts receivable	-29,796	-1,447
Increase in security deposit		-700
Increase in accounts payable and accrued expenses	34,538	7,826
Net cash used in operating activities	-51,096	-25,221
Cash flows from investing activities:
Proceeds from sales of marketable securities		16,554
Net cash provided by investing activities		16,554
Cash flows from financing activities:
Increase in amount due stockholders	50,309	21,150
Repayments of convertible note		-7,000
Net cash provided by financing activities	50,309	14,150
Net (decrease) increase in cash and cash equivalents	-787	5,483
Cash and cash equivalents, Beginning	3,501	3,912
Cash and cash equivalents, Ending	2,714	9,395
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for income taxes
Schedule of Non-Cash Investing and Financing Activities
Reclassification of derivative liability upon repayment of convertible debt		$6,373

Organization

Organization	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Note 1 - Organization
	800 Commerce, Inc. (the “Company” or “800 Commerce”) was formed in the State of Florida on February 10, 2010. The Company was founded for the purpose of marketing credit card processing services on behalf of merchant payment processing service providers. The Company commenced revenue producing activities based on the marketing of credit processing services in March 2010. The Company generates revenue from the marketing of credit processing services by way of fees received from merchant payment processing service providers on whose behalf the Company brokers their processing services. On August 1, 2012, the Company began to receive additional revenue pursuant to a processing service provider’s assignment to the Company of a portion of its fee income under one or more of its service contracts in exchange for the issuance of 500,000 shares of our common stock.
	In addition to marketing credit card processing services, the Company also has developed on-line portals and mobile applications offering directories of professional service providers. The Company has completed its’ initial on-line portal and mobile application dedicated to a directory of medical doctors, however the Company has not commenced revenue producing operations by way of the medical directory. The Company intends to maintain its 800 short code and platform, which will be used to run its medical portal and service other developments.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 - Summary of Significant Accounting Policies
	Basis of Presentation
	The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments necessary to present the financial position, results of operations and cash flows for the stated periods have been made. Except as described below, these adjustments consist only of normal and recurring adjustments. Certain information and note disclosures normally included in the Company’s annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. These condensed financial statements should be read in conjunction with a reading of the Company’s consolidated financial statements and notes thereto included in the Company’s Form 10-K annual report filed with the Securities and Exchange Commission (“SEC”) on March 31, 2015. Interim results of operations for the three months ended March 31, 2015 are not necessarily indicative of future results for the full year.
	Emerging Growth Company
	We qualify as an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act of 1933 as amended (the “Securities Act”) for complying with new or revised accounting standards. As an emerging growth company, we can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We have elected to take advantage of the benefits of this extended transition period.
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reported period. Actual results could differ from those estimates.
	Cash and Cash Equivalents
	The Company considers all highly liquid investments with an original term of three months or less to be cash equivalents.
	Accounts Receivable
	The Company records accounts receivable from amounts due from its processors. The Company charges certain merchants for processing services at a bundled rate based on a percentage of the dollar amount of each transaction and, in some instances, additional fees are charged for each transaction. The Company charges other merchant customers a flat fee per transaction, and may also charge miscellaneous fees to customers, including fees for returns, monthly minimums, and other miscellaneous services. All the charges and collections thereon flow through processors who then remit the fee due the Company within the month following the actual charges.
	Advertising
	The Company records advertising costs as incurred. For the three months ended March 31, 2015 advertising expense was $3,500.
	Marketable Securities
	The Company classifies its marketable securities as available-for-sale securities, which are carried at their fair value based on the quoted market prices of the securities with unrealized gains and losses, net of deferred income taxes, reported as accumulated other comprehensive income (loss), a separate component of stockholders’ equity. Realized gains and losses on available-for-sale securities are included in net earnings in the period earned or incurred.
	Patents
	The Company capitalizes patent pending acquisition costs, legal fees and filing costs associated with the development and filing of its patents.  Patents are generally amortized over an estimated useful life of 15 years using the straight-line method beginning on the issue date.  No amortization expense was recorded during the three months ended March 31, 2015 and 2014, as the Company’s patents are still pending as of March 31, 2015.
	Property and Equipment
	Property and equipment are stated at cost, and depreciation is provided by use of straight-line methods over the estimated useful lives of the assets. The estimated useful lives of property and equipment are as follows:
	Office equipment and furniture	5 years
	Computer hardware and software	3 years
	The Company's property and equipment consisted of the following at March 31, 2015 and December 31, 2014:
			March 31,			December 31,
			2015			2014
	Furniture and Equipment		$	1,929		$	1,929
	Computer Hardware			1,188			1,188
	Accumulated depreciation			(1,871	)		(1,676	)
	Balance		$	1,246		$	1,441
	Depreciation expense of $195 and $99 was recorded for the three months ended March 31, 2015 and 2014, respectively.
	Revenue Recognition
	The Company recognizes revenue in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605, Revenue Recognition. ASC 605 requires that the following four basic criteria are met (1) persuasive evidence of an arrangement exists, (2) delivery of products and services has occurred, (3) the fee is fixed or determinable and (4) collectability is reasonably assured. The Company recognizes revenue during the month in which commissions are earned.
	Fair Value of Financial Instruments
	Fair value measurements are determined under a three-level hierarchy for fair value measurements that prioritizes the inputs to valuation techniques used to measure fair value, distinguishing between market participant assumptions developed based on market data obtained from sources independent of the reporting entity (“observable inputs”) and the reporting entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (“unobservable inputs”). Fair value is the price that would be received to sell an asset or would be paid to transfer a liability (i.e., the “exit price”) in an orderly transaction between market participants at the measurement date. In determining fair value, the Company primarily uses prices and other relevant information generated by market transactions involving identical or comparable assets (“market approach”). The Company also considers the impact of a significant decrease in volume and level of activity for an asset or liability when compared with normal activity to identify transactions that are not orderly.
	The highest priority is given to unadjusted quoted prices in active markets for identical assets (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Securities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
	The three hierarchy levels are defined as follows:
	Level 1 – Quoted prices in active markets that is unadjusted and accessible at the measurement date for identical, unrestricted assets or liabilities;
	Level 2 – Quoted prices for identical assets and liabilities in markets that are not active, quoted prices for similar assets and liabilities in active markets or financial instruments for which significant inputs are observable, either directly or indirectly;
	Level 3 – Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable.
	Credit risk adjustments are applied to reflect the Company’s own credit risk when valuing all liabilities measured at fair value. The methodology is consistent with that applied in developing counterparty credit risk adjustments, but incorporates the Company’s own credit risk as observed in the credit default swap market.
	The Company's financial instruments consist primarily of marketable securities. Marketable securities are adjusted to fair value each balance sheet date, based on quoted prices; which are considered level 1 inputs (see Note 6). The estimated fair value is not necessarily indicative of the amounts the Company would realize in a current market exchange or from future earnings or cash flows. As of March 31, 2015 and December 31, 2014, the Company’s marketable securities were $13,440 and $30,000, respectively.
	The carrying amount of the Company’s accounts payable, accrued expenses and due to stockholders approximate fair value to their short term.
	Income Taxes
	The Company accounts for income taxes in accordance with ASC 740-10, Income Taxes. The Company recognizes deferred tax assets and liabilities to reflect the estimated future tax effects, calculated at the tax rate expected to be in effect at the time of realization. The Company records a valuation allowance related to a deferred tax asset when it is more likely than not that some portion of the deferred tax asset will not be realized. Deferred tax assets and liabilities are adjusted for the effects of the changes in tax laws and rates of the date of enactment.
	ASC 740-10 prescribes a recognition threshold that a tax position is required to meet before being recognized in the financial statements and provides guidance on recognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition issues. The Company classifies interest and penalties as a component of interest and other expenses. To date, the Company has not been assessed, nor has the Company paid, any interest or penalties.
	The Company measures and records uncertain tax positions by establishing a threshold for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Only tax positions meeting the more-likely-than-not recognition threshold at the effective date may be recognized or continue to be recognized. The Company’s tax years subsequent to 2010 remain subject to examination by federal and state tax jurisdictions.
	Earnings (Loss) Per Share
	The Company reports earnings (loss) per share in accordance with ASC 260, "Earnings per Share." Basic earnings (loss) per share is computed by dividing net income (loss), after deducting preferred stock dividends accumulated during the period, by the weighted-average number of shares of common stock outstanding during each period. Diluted earnings per share is computed by dividing net income by the weighted-average number of shares of common stock, common stock equivalents and other potentially dilutive securities outstanding during the period. Potentially dilutive securities for the three months ended March 31, 2015 and 2014, included options to purchase 1,600,000 shares of common stock, which were not included in the calculation of diluted loss per share because their impact was anti-dilutive.
	Accounting for Stock-based Compensation
	The Company accounts for stock awards issued to non-employees in accordance with ASC 505-50, Equity-Based Payments to Non-Employees. The measurement date is the earlier of (1) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which the counterparty's performance is complete. Stock awards granted to non-employees are valued at their respective measurement dates based on the trading price of the Company’s common stock and recognized as expense during the period in which services are provided.
	Comprehensive Income
	The Company has adopted ASC Topic 220, "Comprehensive Income." This statement establishes standards for reporting comprehensive income and its components in a financial statement. Comprehensive income as defined includes all changes in equity (net assets) during a period from non-owner sources. Items included in the Company’s comprehensive loss consist of unrealized losses on available-for-sale securities.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Note 3 – Recent Accounting Pronouncements
	Accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption.

Sales_Concentration_and_Concen

Sales Concentration and Concentration of Credit Risk	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Sales Concentration and Concentration of Credit Risk	Note 4 – Sales Concentration and Concentration of Credit Risk
	Cash
	Financial   instruments   that   potentially   subject   the   Company to concentrations of credit risk consist principally of cash. The Company maintains cash balances at one financial institution, which is insured by the Federal Deposit Insurance Corporation (“FDIC”). The FDIC insured institution insures up to $250,000 on account balances. The amounts that are not insured by FDIC limitations are held in short-term securities. The Company has not experienced any losses in such accounts.
	Sales and Accounts Receivable
	For the three months ended March 31, 2015 and 2014, approximately 99% of the Company’s revenues for each period were received from one merchant service provider, pursuant to an Assignment Agreement (see Note 9). As of March 31, 2015, the Company had $56,267 (99% of accounts receivable) in accounts receivable from the same merchant service provider. The Company relies on a few processors to provide, on a non-exclusive basis, transaction processing and transmittal, transaction authorization and data capture, and access to various reporting tools.

Note_Receivable

Note Receivable	3 Months Ended
	Mar. 31, 2015
Receivables [Abstract]
Note Receivable	Note 5 – Note Receivable
	During the year ended December 31, 2014, the Company advanced $75,770 to a third party in exchange for a $75,770 promissory note with a 10% per annum interest rate. The note was to be payable in three installments after the closing of a transaction between the Company and the third party or on demand by the Company. As of December 31, 2104 and March 31, 2015, the outstanding principal amount on the promissory note was $70,591 and $70,820, respectively.

Marketable_Securities

Marketable Securities	3 Months Ended
	Mar. 31, 2015
Cash and Cash Equivalents [Abstract]
Marketable Securities	Note 6 – Marketable Securities
	The Company’s marketable securities consist solely of 600,000, as of March 31, 2015 and December 31, 2014 of shares of Agritek Holdings, Inc.’s (“Agritek”) common stock, issued to the Company in connection with the Company’s formation in 2010. The Company classifies its marketable securities as available-for-sale securities, which are carried at their fair value based on the quoted market prices of the securities with unrealized gains and losses, net of deferred income taxes, reported as accumulated other comprehensive income (loss), a separate component of stockholders’ equity. Realized gains and losses on available-for-sale securities are included in net earnings in the period earned or incurred. The fair value of the Company’s holdings in Agritek’s common stock totaled $13,440 and $30,000 as of March 31, 2015, and December 31, 2014, respectively.
	The following summarizes the carrying value of marketable securities as of March 31, 2015 and December 31, 2014:
		Three Months			Year Ended
		Ended March 31,			December 31,
		2015			2014
	Historical cost	$	114,000		$	114,000
	Unrealized loss included in accumulated  other comprehensive loss		(100,560	)	$	(84,000	)
	Net carrying value	$	13,440		$	30,000

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 7 – Related Party Transactions
	Management Fees
	Effective January 1, 2015, the Company has agreed to annual compensation of $78,000 for its President and $60,000 for the CFO. During the three months ended March 31, 2015 and 2014 the Company expensed management fees of $19,500 and $13,500, respectively to or on behalf of the Company’s President, B. Michael Friedman, and $15,000 and $9,000, respectively, to the Company’s Chief Financial Officer, Barry Hollander. Amounts due stockholders on the balance sheet as of March 31, 2015, and December 31, 2014 include Mr. Friedman $104,795 (2015) and $85,295 (2014), Mr. Hollander $500 (2015) and Mr. Canton $66,667 (2015 and 2014).
	Amounts due Agritek Holdings, Inc.
	As of December 31, 2012, Agritek owned 6,000,000 shares of the Company’s common stock, representing approximately 32% of the Company’s outstanding common stock. Effective September 4, 2013, Agritek distributed the 6,000,000 shares of the Company’s common stock to their stockholders of record as of September 3, 2013. The Company and Agritek are commonly controlled due to common management and board members. The Company owes Agritek $268,069 and $237,760 as of March 31, 2015 and December 31, 2014, respectively, as a result of advances received from Agritek. These advances are non-interest bearing and are due on demand and are included in amounts due stockholders on the March 31, 2015, balance sheet herein.

Stockholders_Deficit

Stockholders' Deficit	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Stockholders' Deficit	Note 8 – Stockholders’ Deficit
	Common Stock
	As of Mach 31, 2015 and December 31, 2014 there were 19,950,000 par value $0.001, shares of common stock outstanding.
	Stock Options
	Effective August 1, 2012 the Company adopted the 2012 Equity Incentive Plan (the “2012 Plan”) whereby the Company has reserved five million shares of common stock to be available for grants pursuant to the 2012 Plan.
	Effective August 1, 2012, the Company entered into two Advisory Board Agreements (“ABA”) pursuant to which, the Company granted to each of Dr. James Canton and Mr. Scott Climes a non-qualified stock option to purchase 800,000 shares of common stock of the Company at an exercise price of $0.30 per share. The options were granted under the 2012 Plan and have a three year term. Mr. Climes was a member of the board of directors of the Company (resigned August 5. 2014) and Dr. Canton was the Chairman of the Board of Directors of the Company at the time (resigned January 15, 2014). All of the options granted are fully vested.
	A summary of the activity of options for the three months ended March 31, 2015 is as follows:
			Options		Weighted-		Weighted-
					Average		Average
					exercise		grant date
					price		fair value
		Balance January 1 and March 31, 2015		1,600,000	$	0.3	$	0.21
	As of March 31, 2015, the remaining term of the options is .42 years, and 3,400,000 options are available for future grants under the 2012 Plan. All options are fully vested as of March 31, 2015 and no future expense related to these options is anticipated.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Note 9 – Income Taxes
	Deferred income taxes reflect the net tax effects of operating loss and tax credit carry forwards and temporary differences between carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences representing net future deductible amounts become deductible. Due to the uncertainty of the Company’s ability to realize the benefit of the deferred tax assets, the deferred tax assets are fully offset by a valuation allowance at March 31, 2015 and December 31, 2014.
	As of March 31, 2015, the Company had a tax net operating loss carry forward of approximately $385,000. Any unused portion of this carry forward expires in 2030. Utilization of this loss may be limited in the event of an ownership change pursuant to IRS Section 382.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 10 – Commitments and Contingencies
	The Company is not a party to any litigation and, to its knowledge, no action, suit or proceeding has been threatened against the Company.
	Effective April 1, 2014, the Company entered into a rent sharing agreement for the use of 1,300 square feet with a company controlled by the Company’s CFO. The Company has agreed to pay $750 per month for the space.
	Rent expense for the three months ended March 31, 2015 and 2014 was $2,250 and $0, respectively.
	Other Agreements
	Our business agreements consist primarily of banking ISO agreements and technology licensing agreements. Banking agreements are typically agreements with merchant banks which provide all direct relationships with the credit card issuing banks, PCI compliant gateways for our merchant processing clients and administrative functions. These agreements typically involve a split of the fees received between the banks and the Company based on interchange rate, agent commissions, or a fixed fee per transaction. Licensing agreements are infrastructure in nature and establish the connection to the end user that enables the Company to deliver and collect payment for the transacted media content or service application. Licensing agreements typically involve a split of the fees received between the technology provider, carriers and the Company.
	On August 1, 2012 the Company entered into a series of agreements with Payventures, LLC (“PV”) and Payventures Tech, LLC (“PVTECH”). PV operates a business of promoting merchant services offered by certain banks, including credit and debit card transaction processing and network services (“Merchant Services”) to merchants. Pursuant to an Assignment Agreement (“PAA”) between PV and the Company PV assigned fifty percent (50%) of PV’s rights to receive residual payments from certain Assigned Customer(s), in exchange for five hundred thousand (500,000) shares of the Company’s restricted common stock. The term of the Assignment Agreement commences on the Effective Date and shall continue for a period of one (1) year after which it shall renew for successive one year terms automatically, unless terminated in accordance with the terms thereof. Either party has the right to terminate this Agreement at the end of the then current Term, upon thirty (30) days prior written notice to the other party. PV may terminate this Agreement at any time on thirty (30) days written notice to the Company provided however, that if such termination is without default or other material cause by the Company, then PV shall continue to pay the referral fees contemplated therein despite such termination, subject to the other provisions thereof that survive termination. In addition, PV may terminate the assignment of the Assigned Customer, and any obligation to pay the share of the Assigned Customer residual to the Company, upon thirty (30) days prior notice to the Company. PV may terminate the assignment of the Assigned Customer and substitute one or more comparable Assigned Customers upon thirty (30) days prior notice to the Company. PV shall not be required to replace an Assigned Customer if such Assigned Customer terminates its merchant account with PV.
	Effective October 1, 2012, PV and the Company entered into the First Amendment to Assignment Agreement (the “Amendment”). The Amendment replaces the assignment to the Company of 50% of PV’s residuals from the initial Assigned Customer to the assignment of 30% of PV’s residual payments received from a newly Assigned Customer, and such account shall henceforth be the Assigned Customer under the Assignment Agreement. Subsequently, on May 1, 2013 and May 1, 2014, the parties entered into amendments to change the assigned customer.
	PV and the Company also entered into a Consulting Agreement, whereby PV will provide services to the Company, including; coordination of mobile messaging services, customer contact, customer assistance services and merchant acquisition and processing services. PV will be compensated at their standard hourly rate for such services. The term of the Consulting Agreement commences on the Effective Date and shall continue for a period of one (1) year, after which it shall renew for successive one year terms automatically, unless terminated in accordance with the terms thereof. Either Party hereto has the right to terminate the Consulting Agreement at any time on thirty (30) days written notice.
	Also on August 1, 2012, PV and the Company executed an Agent Referral Agreement, whereby PV will compensate the Company for any customer referred to PV by the Company that subsequently utilizes PV’s Merchant Services. The term of the Agent Referral Agreement is for two years and automatically renews for each year thereafter (the “Term”) unless 60 days prior written notice is given by either party.
	PVTECH and the Company entered into a Hosted Platform License & Services Agreement (“HPLSA”) whereby PVTECH will provide the Company access to their hosted ecommerce and processing platform products, as well as related services and support. Pursuant to the terms of the agreement, the Company will pay PVTECH a monthly licensing fee of $2,500 and a transaction fee of $0.07 per transaction, that beginning in April 2013, has a minimum transaction fee of $2,500 per month. Accordingly the Company has recorded, as part of cost of sales, $7,500 for the hosting fees for the three months ended March 31, 2015 and 2014 and $7,500 for the minimum transaction fees for the three months ended March 31, 2015 and 2014. The term of the HPSLA shall be for one (1) year, with automatic renewals for successive one (1) year terms thereafter (each a "Renewal Term") until either party gives written notice to terminate the HPLSA no less than three (3) calendar months prior to the commencement of a Renewal Term. Either party may terminate the HPLSA: (a) upon a material breach by the other party if such breach is not cured within thirty (30) days following written notice to the breaching party; or (b) where the other party is subject to a filed bankruptcy petition or formal insolvency proceeding that is not dismissed within thirty (30) days.
	During the year ended December 31, 2014, the Company began utilizing Trumpia’s business to consumer mobile marketing platform that integrates SMS and application technologies (apps). Trumpia’s platform integrates marketing automation, SMS marketing, mobile apps, mobile coupons and other customer engagement tools. Trumpia software hones messaging by filtering contacts based on criteria like personal interests, location and purchasing and click-through choices. The Company pays $2,100 annually for the platform. Since 2006, Trumpia has developed mobile messaging and cross channel marketing automation technologies for industry-leading franchises and brands, including McDonald’s, GE, Intercontinental Hotels and Capital One. Trumpia has placed in the top 10% on Inc. 5000’s “List of Fastest Growing Companies” in 2012.

Going_Concern

Going Concern	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	Note 11 – Going Concern
	The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As of March 31, 2015, the Company had an accumulated deficit of approximately $1,707,138 and a working capital deficit of $397,692. These conditions raise substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
	Management’s Plans
	The Company generates revenue from our marketing of credit processing services by way of fees we receive from merchant payment processing service providers on whose behalf we broker their processing services. On August 1, 2012, the Company began to receive additional revenue pursuant to a processing service provider’s assignment to us of a portion of its fee income under one of its service contracts in exchange for our issuance of 500,000 shares of our common shares.
	In addition to marketing credit card processing services, the Company also has developed on-line portals and mobile applications offering directories of professional service providers. The Company has completed its’ initial on-line portal and mobile application dedicated to a directory of medical doctors, however the Company has not commenced revenue producing operations by way of the medical directory. The Company intends to maintain its 800 short code and platform, which will be used to run its medical portal and service other developments.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
	The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments necessary to present the financial position, results of operations and cash flows for the stated periods have been made. Except as described below, these adjustments consist only of normal and recurring adjustments. Certain information and note disclosures normally included in the Company’s annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. These condensed financial statements should be read in conjunction with a reading of the Company’s consolidated financial statements and notes thereto included in the Company’s Form 10-K annual report filed with the Securities and Exchange Commission (“SEC”) on March 31, 2015. Interim results of operations for the three months ended March 31, 2015 are not necessarily indicative of future results for the full year.
Emerging Growth Company	Emerging Growth Company
	We qualify as an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act of 1933 as amended (the “Securities Act”) for complying with new or revised accounting standards. As an emerging growth company, we can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We have elected to take advantage of the benefits of this extended transition period.
Use of Estimates	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reported period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents
	The Company considers all highly liquid investments with an original term of three months or less to be cash equivalents.
Accounts Receivable	Accounts Receivable
	The Company records accounts receivable from amounts due from its processors. The Company charges certain merchants for processing services at a bundled rate based on a percentage of the dollar amount of each transaction and, in some instances, additional fees are charged for each transaction. The Company charges other merchant customers a flat fee per transaction, and may also charge miscellaneous fees to customers, including fees for returns, monthly minimums, and other miscellaneous services. All the charges and collections thereon flow through processors who then remit the fee due the Company within the month following the actual charges.
Advertising	Advertising
	The Company records advertising costs as incurred. For the three months ended March 31, 2015 advertising expense was $3,500.
Marketable Securities	Marketable Securities
	The Company classifies its marketable securities as available-for-sale securities, which are carried at their fair value based on the quoted market prices of the securities with unrealized gains and losses, net of deferred income taxes, reported as accumulated other comprehensive income (loss), a separate component of stockholders’ equity. Realized gains and losses on available-for-sale securities are included in net earnings in the period earned or incurred.
Patents	Patents
	The Company capitalizes patent pending acquisition costs, legal fees and filing costs associated with the development and filing of its patents.  Patents are generally amortized over an estimated useful life of 15 years using the straight-line method beginning on the issue date.  No amortization expense was recorded during the three months ended March 31, 2015 and 2014, as the Company’s patents are still pending as of March 31, 2015.
Property and Equipment	Property and Equipment
	Property and equipment are stated at cost, and depreciation is provided by use of straight-line methods over the estimated useful lives of the assets. The estimated useful lives of property and equipment are as follows:
	Office equipment and furniture	5 years
	Computer hardware and software	3 years
	The Company's property and equipment consisted of the following at March 31, 2015 and December 31, 2014:
			March 31,			December 31,
			2015			2014
	Furniture and Equipment		$	1,929		$	1,929
	Computer Hardware			1,188			1,188
	Accumulated depreciation			(1,871	)		(1,676	)
	Balance		$	1,246		$	1,441
	Depreciation expense of $195 and $99 was recorded for the three months ended March 31, 2015 and 2014, respectively.
Revenue Recognition	Revenue Recognition
	The Company recognizes revenue in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605, Revenue Recognition. ASC 605 requires that the following four basic criteria are met (1) persuasive evidence of an arrangement exists, (2) delivery of products and services has occurred, (3) the fee is fixed or determinable and (4) collectability is reasonably assured. The Company recognizes revenue during the month in which commissions are earned.
Fair Value of Financial Instruments	Fair Value of Financial Instruments
	Fair value measurements are determined under a three-level hierarchy for fair value measurements that prioritizes the inputs to valuation techniques used to measure fair value, distinguishing between market participant assumptions developed based on market data obtained from sources independent of the reporting entity (“observable inputs”) and the reporting entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (“unobservable inputs”). Fair value is the price that would be received to sell an asset or would be paid to transfer a liability (i.e., the “exit price”) in an orderly transaction between market participants at the measurement date. In determining fair value, the Company primarily uses prices and other relevant information generated by market transactions involving identical or comparable assets (“market approach”). The Company also considers the impact of a significant decrease in volume and level of activity for an asset or liability when compared with normal activity to identify transactions that are not orderly.
	The highest priority is given to unadjusted quoted prices in active markets for identical assets (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Securities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
	The three hierarchy levels are defined as follows:
	Level 1 – Quoted prices in active markets that is unadjusted and accessible at the measurement date for identical, unrestricted assets or liabilities;
	Level 2 – Quoted prices for identical assets and liabilities in markets that are not active, quoted prices for similar assets and liabilities in active markets or financial instruments for which significant inputs are observable, either directly or indirectly;
	Level 3 – Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable.
	Credit risk adjustments are applied to reflect the Company’s own credit risk when valuing all liabilities measured at fair value. The methodology is consistent with that applied in developing counterparty credit risk adjustments, but incorporates the Company’s own credit risk as observed in the credit default swap market.
	The Company's financial instruments consist primarily of marketable securities. Marketable securities are adjusted to fair value each balance sheet date, based on quoted prices; which are considered level 1 inputs (see Note 6). The estimated fair value is not necessarily indicative of the amounts the Company would realize in a current market exchange or from future earnings or cash flows. As of March 31, 2015 and December 31, 2014, the Company’s marketable securities were $13,440 and $30,000, respectively.
	The carrying amount of the Company’s accounts payable, accrued expenses and due to stockholders approximate fair value to their short term.
Income Taxes	Income Taxes
	The Company accounts for income taxes in accordance with ASC 740-10, Income Taxes. The Company recognizes deferred tax assets and liabilities to reflect the estimated future tax effects, calculated at the tax rate expected to be in effect at the time of realization. The Company records a valuation allowance related to a deferred tax asset when it is more likely than not that some portion of the deferred tax asset will not be realized. Deferred tax assets and liabilities are adjusted for the effects of the changes in tax laws and rates of the date of enactment.
	ASC 740-10 prescribes a recognition threshold that a tax position is required to meet before being recognized in the financial statements and provides guidance on recognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition issues. The Company classifies interest and penalties as a component of interest and other expenses. To date, the Company has not been assessed, nor has the Company paid, any interest or penalties.
	The Company measures and records uncertain tax positions by establishing a threshold for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Only tax positions meeting the more-likely-than-not recognition threshold at the effective date may be recognized or continue to be recognized. The Company’s tax years subsequent to 2010 remain subject to examination by federal and state tax jurisdictions.
Earnings (Loss) Per Share	Earnings (Loss) Per Share
	The Company reports earnings (loss) per share in accordance with ASC 260, "Earnings per Share." Basic earnings (loss) per share is computed by dividing net income (loss), after deducting preferred stock dividends accumulated during the period, by the weighted-average number of shares of common stock outstanding during each period. Diluted earnings per share is computed by dividing net income by the weighted-average number of shares of common stock, common stock equivalents and other potentially dilutive securities outstanding during the period. Potentially dilutive securities for the three months ended March 31, 2015 and 2014, included options to purchase 1,600,000 shares of common stock, which were not included in the calculation of diluted loss per share because their impact was anti-dilutive.
Accounting for Stock-based Compensation	Accounting for Stock-based Compensation
	The Company accounts for stock awards issued to non-employees in accordance with ASC 505-50, Equity-Based Payments to Non-Employees. The measurement date is the earlier of (1) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which the counterparty's performance is complete. Stock awards granted to non-employees are valued at their respective measurement dates based on the trading price of the Company’s common stock and recognized as expense during the period in which services are provided.
Comprehensive Income	Comprehensive Income
	The Company has adopted ASC Topic 220, "Comprehensive Income." This statement establishes standards for reporting comprehensive income and its components in a financial statement. Comprehensive income as defined includes all changes in equity (net assets) during a period from non-owner sources. Items included in the Company’s comprehensive loss consist of unrealized losses on available-for-sale securities.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Property and equipment		March 31,			December 31,
		2015			2014
	Furniture and Equipment	$	1,929		$	1,929
	Computer Hardware		1,188			1,188
	Accumulated depreciation		(1,871	)		(1,676	)
	Balance	$	1,246		$	1,441

Marketable_Securities_Tables

Marketable Securities (Tables)	3 Months Ended
	Mar. 31, 2015
Cash and Cash Equivalents [Abstract]
Carrying value of marketable securities		Three Months			Year Ended
		Ended March 31,			December 31,
		2015			2014
	Historical cost	$	114,000		$	114,000
	Unrealized loss included in accumulated  other comprehensive loss		(100,560	)	$	(84,000	)
	Net carrying value	$	13,440		$	30,000

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Summary of the activity of options			Options		Weighted-		Weighted-
					Average		Average
					exercise		grant date
					price		fair value
		Balance January 1 and March 31, 2015		1,600,000	$	0.3	$	0.21

Organization_Details_Narrative

Organization (Details Narrative)	Aug. 01, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Issuance of common stock in exchange for fee income from service contract	500,000

Summary_of_Significant_Account3

Summary of Significant Accounting Policies - Property and Equipment (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Furniture and Equipment	$1,929	$1,929
Computer Hardware	1,188	1,188
Accumulated depreciation	-1,871	-1,676
Balance	$1,246	$1,441

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Advertising expense	$3,500
Depreciation expense	195	99
Marketable securities	$13,440		$30,000
Potentially dilutive securities not included in calculation of diluted loss per share, options to purchase shares of common stock	1,600,000
Office equipment and furniture
Estimated useful life of property and equipment	5 years
Computer hardware and software
Estimated useful life of property and equipment	3 years

Sales_Concentration_and_Concen1

Sales Concentration and Concentration of Credit Risk (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Fair Value Disclosures [Abstract]
Maximum insurance on account balances by the FDIC	$250,000
Revenues of the Company received from one merchant service provider	99.00%	99.00%
Accounts receivable from same merchant service provider	$56,267

Note_Receivable_Details_Narrat

Note Receivable (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2014	Mar. 31, 2015
Receivables [Abstract]
Advances to third party	$75,770
Promissory note issued in exchange for advance	75,770
Promissory note, per annum interest rate	10.00%
Outstanding principal amount on promissory note	$70,820	$70,591

Marketable_Securities_Carrying

Marketable Securities - Carrying value of marketable securities (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Cash and Cash Equivalents [Abstract]
Historical cost	$114,000	$114,000
Unrealized loss included in accumulated other comprehensive loss	-100,560	-84,000
Net carrying value	$13,440	$30,000

Marketable_Securities_Details_

Marketable Securities (Details Narrative) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Cash and Cash Equivalents [Abstract]
Marketable securities consisting of Agritek common stock	600,000	600,000
Fair value of the Company's holdings in Agritek's common stock	$13,440	$30,000

Related_Party_Transactions_Man

Related Party Transactions - Management Fees (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
President
Annual compensation for officers	$78,000
Management fees to President	19,500	13,500
Chief Financial Officer
Annual compensation for officers	60,000
Management fees to President	15,000	9,000
Mr. Friedman, Stockholder
Amount due to stockholders	104,795		85,295
Mr. Canton, Stockholder
Amount due to stockholders	$500		$66,667

Related_Party_Transactions_Amo

Related Party Transactions - Amounts due to Agritek Holdings, Inc. (Details Narrative) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Sep. 04, 2013	Dec. 31, 2012
Amounts due to Agritek Holdings, Inc.
Shares of Company common stock owned by Agritek				6,000,000
Percentage of outstanding common stock owned by Agritek				32.00%
Shares distributed by Agritek to their shareholders			6,000,000
Amounts owed to Agritek, as result of advances	$268,069	$237,760

Stockholders_Equity_Summary_of

Stockholders' Equity - Summary of the activity of options (Details) (USD $)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Options	1,600,000
Weighted-average exercise price	$0.30
Weighted-average grant date fair value	$0.21

Stockholders_Deficit_Details_N

Stockholders' Deficit (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015	Aug. 01, 2012
Equity [Abstract]
Shares of common stock to be purchased by a non-qualified stock option		800,000
Exercise price of shares of common stock to be purchased by a non-qualified stock option		$0.30
Remaining term of the options	5 months 1 day
Options available for future grants	3,400,000

Income_Taxes_Details_Narrative

Income Taxes (Details Narrative) (USD $)	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Tax net operating loss carry forward	$385,000

Commitments_and_Contingencies_

Commitments and Contingencies (Details Narrative) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Oct. 01, 2012	Aug. 01, 2012
Commitments and Contingencies Disclosure [Abstract]
Monthly rent per rent sharing agreement with CFO	$750
Rent expense	2,250
Percentage of residual payments from certain PVTECH Assigned Customers assigned to Company in Assignment Agreement				30.00%	50.00%
Stock issued to PVTECH per Assignment Agreement					500,000
Monthly licensing fee paid to PVTECH	2,500
Transaction fee paid to PVTECH, dollar amount per transaction	0.07
Minimum monthly transaction fee	2,500
Hosting fees recorded as part of cost of sales	7,500
Minimum transaction fees recorded as part of cost of sales	7,500
Annual fee to Trumpia for use of business to consumer mobile marketing platform			$2,100

Going_Concern_Details_Narrativ

Going Concern (Details Narrative) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Aug. 01, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	($1,707,138)	($1,649,832)
Working capital deficit	($397,692)
Additional shares of common stock issued			500,000