Document_and_Entity_Informatio
Document and Entity Information | 3 Months Ended | |
Mar. 31, 2014 | 20-May-14 | |
Document And Entity Information | ' | ' |
Entity Registrant Name | 'ORION FINANCIAL GROUP INC | ' |
Entity Central Index Key | '0001560449 | ' |
Document Type | '10-Q | ' |
Document Period End Date | 31-Mar-14 | ' |
Amendment Flag | 'false | ' |
Current Fiscal Year End Date | '--12-31 | ' |
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 | ' | 78,651,305 |
Document Fiscal Period Focus | 'Q1 | ' |
Document Fiscal Year Focus | '2014 | ' |
Balance_Sheets
Balance Sheets (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Current assets: | ' | ' |
Cash and cash equivalents | $20,691 | $40 |
Total assets | 20,691 | 40 |
Current liabilities: | ' | ' |
Accounts payable and accrued expenses | 15,000 | 15,000 |
Due to related party | 16,417 | 11,417 |
Loan payable to shareholder | 21,750 | 3,750 |
Total current liabilities | 53,167 | 30,167 |
Total liabilities | 53,167 | 30,167 |
Stockholders' equity (deficit): | ' | ' |
Common stock, $0.001 par value,250,000,000 shares authorized 63,448,395 and 62,128,395 shares outstanding as of March 31, 2014 and December 31, 2013, respectively | 63,448 | 62,128 |
Additional paid-in capital | 107,369 | 80,689 |
Deficit accumulated during development stage | 203,293 | 172,944 |
Total stockholders' equity (deficit) | -32,476 | -30,127 |
Total liabilities and stockholders' equity (deficit) | $20,691 | $40 |
Balance_Sheets_Parenthetical
Balance Sheets (Parenthetical) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Statement of Financial Position [Abstract] | ' | ' |
Common stock, par value | $0.00 | $0.00 |
Common stock shares authorized | 250,000,000 | 250,000,000 |
Common stock shares issued | 63,448,395 | 62,128,395 |
Common stock shares outstanding | 63,448,395 | 62,128,395 |
Statements_Of_Operations
Statements Of Operations (USD $) | 3 Months Ended | 24 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | |
Operating expenses | ' | ' | ' |
General and administrative expenses | $30,349 | $19,424 | $203,293 |
Net loss | ($30,349) | ($19,424) | ($203,293) |
Basic and diluted loss per share | $0 | $0 | ' |
Basic and diluted weighted-average common shares outstanding | 63,448,395 | 58,920,417 | ' |
Statements_Of_Cash_Flows
Statements Of Cash Flows (USD $) | 3 Months Ended | 24 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | |
Cash flows from operating activities: | ' | ' | ' |
Net loss | ($30,349) | ($19,424) | ($203,293) |
Changes in operating assets and liabilities: | ' | ' | ' |
Accounts payable | ' | ' | 15,000 |
Accounts payable- related party | 5,000 | ' | 16,417 |
Net cash used in operating activities | -25,349 | -19,424 | -171,876 |
Cash flows from financing activities: | ' | ' | ' |
Proceeds from stock issuance | 28,000 | 20,000 | 170,717 |
Loan from shareholder | 18,000 | ' | 21,750 |
Contributed capital | ' | ' | 100 |
Net cash provided by financing activities | 46,000 | 20,000 | 192,567 |
Net increase in cash and cash equivalents | 20,651 | 576 | 20,691 |
Cash and cash equivalents - beginning | 40 | 12,151 | ' |
Cash and cash equivalents - ending | $20,691 | $12,727 | $20,691 |
Organization_And_Nature_Of_Bus
Organization And Nature Of Business | 3 Months Ended |
Mar. 31, 2014 | |
Organization And Nature Of Business | ' |
Organization And Nature Of Business | ' |
Note 1 - Organization And Nature of Business | |
Orion Financial Group Inc. (the “Company”) was incorporated in the state of Wyoming on March 26, 2012 with an authorized capital of 100,000,000 shares of common stock, par value of $0.001 per share. The authorized capital was increased to 255,000,000, of which 250,000,000 is common stock and 5,000,000 is Preferred Stock. The Company’s principal operations are located in San Jose, CA. The Company is a strategic financial consulting firm providing services to companies requiring cutting-edge advice in the area of corporate growth strategies. The Company provides financing alternatives to experienced executives that seek to purchase (buy-side) divest (sell-side) or recapitalize their public or private company. The Company has selected December 31 as its fiscal year end. | |
Basis_Of_Presentation
Basis Of Presentation | 3 Months Ended |
Mar. 31, 2014 | |
Basis Of Presentation | ' |
Basis Of Presentation | ' |
Note 2 - BASIS OF PRESENTATION | |
The accompanying unaudited interim financial statements of Orion Financial Group, Inc. 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, and should be read in conjunction with the audited financial statements and notes thereto for the period from March 26, 2012 (inception through December 31, 2013 contained in the Company’s Form 10-K filed with the Securities and Exchange Commission on March 28, 2014. 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 the interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the interim financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the period from March 26, 2012 (inception) through December 31, 2013 as reported in the Company’s Form 10-K have been omitted. | |
Going_Concern
Going Concern | 3 Months Ended |
Mar. 31, 2014 | |
Going Concern | ' |
Going Concern | ' |
Note 3 - Going Concern | |
The Company’s financial statements are prepared using generally accepted accounting principles applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company does not have sufficient working capital for its planned activities, which raises substantial doubt about its ability to continue as a going concern. The Company has not established any source of revenue to cover its operating costs. If the Company is unable to obtain revenue producing contracts or financing, or if the revenue or financing it does obtain is insufficient to cover any operating losses it may incur, it may substantially curtail or terminate its operations or seek other business opportunities through strategic alliances, acquisitions or other arrangements that may dilute the interests of existing stockholders. | |
Equity
Equity | 3 Months Ended |
Mar. 31, 2014 | |
Equity | ' |
Equity | ' |
Note 4 - Equity | |
During the quarter ended March 31, 2014, the company issued 1,320,000 common shares for proceeds of $28,000. | |
Related_Party_Transactions
Related Party Transactions | 3 Months Ended |
Mar. 31, 2014 | |
Related Party Transactions | ' |
Related Party Transactions | ' |
Note 5 - Related party transactions | |
During the quarter ended March 31, 2014, fees of $12,600 for consulting services were paid to our CEO. As of March 31, 2014, $16,417 was due to related parties for services and expenses paid on behalf of the Company and another $21,750 was due to a shareholder for demand loans of which $18,000 was borrowed in the three months ended March 31, 2014. | |
Subsequent_Events
Subsequent Events | 3 Months Ended |
Mar. 31, 2014 | |
Subsequent Events | ' |
Subsequent Event | ' |
Note 6 - Subsequent Events | |
In April/May 2014, the Company issued 15,202,910 shares to investors for $5,110 at a price of $0.0003 per share. | |
Organization_And_Nature_Of_Bus1
Organization And Nature Of Business (Narrative) (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Nov. 25, 2013 | Mar. 27, 2012 | Mar. 31, 2014 |
Common Stock | Common Stock | Preferred Stock | |||
Common stock, par value | $0.00 | $0.00 | ' | $0.00 | ' |
Common stock shares authorized | 250,000,000 | 250,000,000 | 250,000,000 | 100,000,000 | ' |
Preferred stock shares authorized | ' | ' | ' | ' | 5,000,000 |
Total authorized capital | 255,000,000 | ' | ' | ' | ' |
Equity_Narrative_Details
Equity (Narrative) (Details) (USD $) | 3 Months Ended | 24 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | |
Proceeds from issuance of stock | $28,000 | $20,000 | $170,717 |
Common Stock | ' | ' | ' |
Stock issued during the period, shares | 1,320,000 | ' | ' |
Proceeds from issuance of stock | $28,000 | ' | ' |
Related_Party_Transactions_Nar
Related Party Transactions (Narrative) (Details) (CEO, USD $) | 3 Months Ended |
Mar. 31, 2014 | |
CEO | ' |
Fees for consulting service | $12,600 |
Subsequent_Events_Narrative_De
Subsequent Events (Narrative) (Details) (Common Stock, USD $) | 3 Months Ended | 2 Months Ended |
Mar. 31, 2014 | 31-May-14 | |
Subsequent Event | ||
Stock issued during the period to investors, shares | 1,320,000 | 15,202,910 |
Stock issued during the period to investors, value | ' | $5,110 |
Sale of stock price per share | ' | $0.00 |