PHMC (TCAI) 10-K 30 Aug 17 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Aug. 25, 2017
Document And Entity Information
Entity Registrant Name	ORION FINANCIAL GROUP Inc
Entity Central Index Key	1,560,449
Document Type	10-K
Trading Symbol	ORFN
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	No
Entity Filer Category	Smaller Reporting Company
Entity Public Float		$ 0
Entity Common Stock, Shares Outstanding		159,999,356
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current assets
Cash and Cash Equivalents	$ 7	$ 57
Total Current assets	7	57
Total Assets	7	57
Current liabilities
Accrued Expenses	15,000	15,000
Notes Payable - Related Party	65,650	56,833
Total Current Liabilities	80,650	71,833
Commitments and Contingencies - Note 6
ORION FINANCIAL GROUP, INC. Shareholders' Equity(Deficit)
Preferred Stock, $0.001 par value; 5,000,000 shares authorized, 8 and 8 issued and outstanding 12/31/2015 & 12/31/2014, respectively.	0	0
Common Stock, $0.001 par value; 250,000,000 shares authorized, 113,087,915 and 99, 116, 715 issued and outstanding at 12/31/2015 & 12/31/2014, respectively.	113,088	99,117
Additional Paid in Capital	132,830	132,830
Accumulated Deficit	(326,561)	(303,723)
Total Equity(Deficit)	(80,643)	(71,776)
Total Liabilities and Equity(Deficit)	$ 7	$ 57

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred Stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred Stock, authorized	5,000,000	5,000,000
Preferred Stock, issued	8	8
Preferred Stock, outstanding	8	8
Common Stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common Stock authorized	250,000,000	250,000,000
Common Stock issued	113,087,915	99,116,715
Common Stock outstanding	113,087,915	99,116,715

STATEMENT OF OPERATIONS

STATEMENT OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Revenues	$ 0	$ 0
Operating Expenses	22,838	130,799
Net Income(Loss) from Operations	(22,838)	(130,799)
Other Income(Expenses)
Interest Expense	0	0
Net Income(Loss) from Operations Before Income Taxes	(22,838)	(130,799)
Tax Expense	0	0
Net Income(Loss)	$ (22,838)	$ (130,799)
Basic and Diluted Loss Per Share (in dollars per share)	$ (0.0002)	$ (0.0015)
Weighted average number of shares outstanding (in shares)	107,382,647	88,540,781

STATEMENT OF CASH FLOWS

STATEMENT OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income (loss)	$ (22,838)	$ (130,799)
Stock Issued as Compensation	2,478	14,054
Stock Issued as Compensation - related parties	11,493	20,278
Net cash used in operating activities	(8,867)	(96,467)
Cash flows from investing activities:
None	0	0
Net cash provided(used) by investing activities	0	0
Cash flows from financing activities:
Common stock issued	0	54,798
Proceeds from related party loans	8,817	41,666
Repayments to related party loans	0	0
Net cash provided(used) by financing activities	8,817	96,464
Increase in cash and equivalents	(50)	(3)
Cash and cash equivalents at beginning of period	57	60
Cash and cash equivalents at end of period	7	57
SUPPLEMENTAL DISCLOSURE OFCASH FLOW INFORMATION
None	0	0
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
None	$ 0	$ 0

STATEMENT OF STOCKHOLDER'S EQUI

STATEMENT OF STOCKHOLDER'S EQUITY - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Contributed Capital [Member]	Accumulated Deficit [Member]	Total
Balance at beginning at Dec. 31, 2013	$ 0	$ 62,128	$ 80,689	$ (172,944)	$ (30,127)
Balance at beginning (in shares) at Dec. 31, 2013	0	62,128,395
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common issued for services	$ 0	$ 34,331	0	0	$ 34,331
Common issued for services (in shares)	0	34,330,680			34,330,680
Preferred issued for services	$ 0	$ 0	8	0	$ 8
Preferred issued for services (in shares)	8	0
Stock issued for cash	$ 0	$ 2,658	52,133	0	54,791
Stock issued for cash (in shares)	0	2,657,640
Net Income	$ 0	$ 0	0	(130,779)	(130,799)
Balances at end at Dec. 31, 2014	$ 0	$ 99,117	132,830	(303,723)	$ (71,776)
Balances at end (in shares) at Dec. 31, 2014	8	99,116,715			99,116,715
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common issued for services	$ 0	$ 13,971	0	0	$ 13,971
Common issued for services (in shares)	0	13,971,200
Net Income	$ 0	$ 0	0	(22,838)	(22,838)
Balances at end at Dec. 31, 2015	$ 0	$ 113,088	$ 132,830	$ (326,561)	$ (80,643)
Balances at end (in shares) at Dec. 31, 2015	8	113,087,915			113,087,915

ORGANIZATION AND NATURE OF BUSI

ORGANIZATION AND NATURE OF BUSINESS	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
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, which was subsequently increased to 250,000,000 shares of common stock, par value of $0.001 per share. The Company’s principal operations are now located in Mishol Hadkalim 14, Ramat, Jerusalem, Israel, 90900. The Company provides consulting to small public and private companies. The Company has selected December 31 as its fiscal year end. On May 26, 2017, the Board of Directors appointed Joshua Nadav, to serve as Chairman of the Board of Directors of the Company effective immediately. In addition, on May 26, 2017, the Company accepted the resignation of Kenneth Green as the Company’s President, CEO, Treasurer, Secretary and member of the Board of Directors effective the same date. Mr. Green’s resignations did not arise from any disagreement on any matter relating to the Company’s operations, policies, or practice, nor regarding the general direction of the Company. Additionally, on May 26, 2017, the Company accepted the resignation of Bob Bates as the Company’s CFO, effective the same date. Mr. Bate’s resignation did not arise from any disagreement on any matter relating to the Company’s operations, policies, or practice, nor regarding the general direction of the Company. Further, on May 3, 2017, Lincoln Ong the Company's CTO and Director resigned from the Company effective immediately and on May 4, 2017, Mark Corrao the Company's COO and resigned from the Company effective immediately. Neither of the aforementioned officers and directors resignations were from any disagreement on any matter relating to the Company’s operations, policies, or practice, nor regarding the general direction of the Company. Effective on May 26, 2017, the Company appointed Joshua Nadav to serve as President, CEO, CFO, Treasurer, Secretary and Chairman of the Board.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Note 2 - Summary of Significant Accounting Policies Basis of Presentation The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with generally accepted accounting principles in the United States. Use Of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. Earnings per Share The Company computes net earnings per share in accordance with ASC 260 “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including stock options, using the treasury stock method, and convertible preferred stock, using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential common shares if their effect is anti-dilutive. Income Taxes The Company accounts for income taxes using the asset and liability approach. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amounts expected to be realized. Recent Accounting Pronouncements The Company does not expect the adoption of any recently issued accounting pronouncements to have a significant effect on its financial statements.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
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 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. These conditions raise substantial doubt as to the Company’s ability to continue as a going concern.

EQUITY

EQUITY	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
EQUITY	Note 4 – Equity The Company has 250,000,000 shares of Voting Common Stock authorized at $0.001 par value. As of December 31, 2015, there were 138,087,915 shares outstanding. The Company also has authorized on April 17, 2014 5,000,000 of Series A Voting Preferred Shares issued with a par value of $0.001. These shares collective carry allocated voting rights between the outstanding shares equivalent to 80 percent of the common shares outstanding. There were 8 Series A Voting Preferred Shares outstanding as of December 31, 2015. In 2014, the Company issued 2,657,640 shares for proceeds of $54,791 to non-accredited investors. In 2014 the company issued 34,330,680 shares for services valued at its fair market value of $34,331. In 2014 the company issued 9 shares of preferred stock for $9 in services. 1 share was cancelled later in the year.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	Note 5– Income Taxes The Company follows Accounting Standards Codification 740, Accounting for Income Taxes. The Company did not have taxable income for the period from January 1, 2015 through December 31, 2015. The Company’s deferred tax assets consisted of the following as of December 31: 2015 2014 Net operating losses carried forward $ 326,561 $ 303,723 Valuation allowance (326,561 ) (303,723 ) Net deferred income tax asset $ 0 $ 0 The Company has net operating losses carried forward of $326,561 available to offset taxable income in future years which begins expiring in 2023.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	Note 6– Commitments and Contingencies None.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	Note 7– Related party transactions During the years ended December 31, 2014 and 2015 there was $18,200 and $5,180 paid for consulting services to our CEO at that time. As of December 31, 2015, $65,650 was due to related parties for services and expenses paid on behalf of the Company. Shareholder loans to the company were $41.666 in the year ended December 2014, and $8,818 in the year ended December 2015.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	Note 8 – Subsequent Events On June 1, 2017, there was a change in control of the Company through a private share transaction. Details are provided on Form 8-K.

SUMMARY OF SIGNIFICANT ACCOUN15

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
BASIS OF PRESENTATION	Basis of Presentation The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with generally accepted accounting principles in the United States.
USE OF ESTIMATES	Use Of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
CASH AND CASH EQUIVALENTS	Cash and Cash Equivalents The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.
EARNINGS PER SHARE	Earnings per Share The Company computes net earnings per share in accordance with ASC 260 “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including stock options, using the treasury stock method, and convertible preferred stock, using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential common shares if their effect is anti-dilutive.
INCOME TAXES	Income Taxes The Company accounts for income taxes using the asset and liability approach. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amounts expected to be realized.
RECENT ACCOUNTING PRONOUNCEMENTS	Recent Accounting Pronouncements The Company does not expect the adoption of any recently issued accounting pronouncements to have a significant effect on its financial statements.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets	The Company’s deferred tax assets consisted of the following as of December 31: 2015 2014 Net operating losses carried forward $ 326,561 $ 303,723 Valuation allowance (326,561 ) (303,723 ) Net deferred income tax asset $ 0 $ 0

ORGANIZATION AND NATURE OF BU17

ORGANIZATION AND NATURE OF BUSINESS (Details Narrative) - $ / shares	Dec. 31, 2015	Dec. 31, 2014	Mar. 26, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Common stock, par value	$ 0.001	$ 0.001	$ 0.001
Common stock shares authorized	250,000,000	250,000,000	100,000,000

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Apr. 17, 2014	Mar. 26, 2012
Common stock shares authorized	250,000,000	250,000,000		100,000,000
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001		$ 0.001
Common stock shares outstanding	113,087,915	99,116,715
Preferred stock shares authorized	5,000,000	5,000,000
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares outstanding	8	8
Proceeds from shares issued		$ 54,791
Number of shares issued for services		34,330,680
Fair value of shares issued for services	$ 13,971	$ 34,331
Non-Accredited Investors [Member]
Number of shares issued		2,657,640
Proceeds from shares issued		$ 54,791
Series A Preferred Stock [Member]
Preferred stock shares authorized			5,000,000
Preferred stock, par value (in dollars per share)			$ 0.001
Preferred stock, shares outstanding	8
Number of shares issued		9
Proceeds from shares issued		$ 9
Number of shares cancelled		1

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Net operating losses carried forward	$ 326,561	$ 303,723
Valuation allowance	(326,561)	(303,723)
Net deferred income tax asset	$ 0	$ 0

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Net operating losses carried forward	$ 326,561	$ 303,723
Net operating loss carryforwards, expiration period	2,023

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Due to related parties for services and expenses	$ 65,650
Due to shareholder for demand loans	8,818	$ 41,666
Mr. Joshua Nadav [Member]
Related Party Transaction [Line Items]
Fees for consulting service	$ 5,180	$ 18,200