Artec Global Media (ACTL) 10-Q 21 Dec 15 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 31, 2015	Dec. 15, 2015
Document and Entity Information:
Entity Registrant Name	Artec Global Media, Inc.
Entity Central Index Key	1,561,865
Document Type	10-Q
Document Period End Date	Oct. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--01-31
Entity Current Reporting Status	No
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		83,278,293
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,016

Balance Sheets

Balance Sheets - USD ($)	Oct. 31, 2015	Jan. 31, 2015
Current Assets
Cash	$ 8,075	$ 56,745
Accounts receivable		15,674
Prepaid expenses		10,000
Total current assets	$ 8,075	82,419
Total assets	8,075	82,419
Current Liabilities:
Accounts payable & accrued expenses	18,005	36,799
Shareholders loans	128	1,387
Interest payable	8,887	1,174
Convertible notes - net of discount of $69,802 and $73,437	200,261	89,313
Total Current Liabilities	227,281	128,673
Long-term Liabilities:
Interest payable	3,292	4,667
Convertible notes - net of discount of $48,446 and $142,322	33,439	22,956
Total long-term liabilities	36,731	27,623
Total liabilities	$ 264,012	$ 156,296
Commitments and contingencies
Stockholders' Equity (Deficit)
Preferred stock, $0.001 par value 10,000,000 shares authorized; issued and outstanding, none.
Common stock, $0.001 par value 750,000,000 shares authorized; issued and outstanding 32,867,867 and 9,250,255 at October 31, 2015 and January 31, 2015, respectively.	$ 32,868	$ 9,250
Additional paid-in-capital	1,544,697	1,294,395
Accumulated deficit	(1,833,502)	(1,377,522)
Total stockholders' equity (deficit)	(255,937)	(73,877)
Total liabilities and stockholders' equity (deficit)	$ 8,075	$ 82,419

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - USD ($)	Oct. 31, 2015	Jan. 31, 2015
Current Liabilities:
Convertible notes - net of discount, Current	$ 69,802	$ 73,437
Convertible notes - net of discount, Non Current	$ 48,446	$ 142,322
Stockholders' Equity
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	750,000,000	750,000,000
Common stock, issued shares	32,867,867	9,250,255
Common stock, shares outstanding	32,867,867	9,250,255

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2015	Oct. 31, 2014
Statements Of Operations
Revenue	$ 198,167	$ 110,876	$ 395,644	$ 194,214
Operating expenses:
Data, media and processing costs	180,022	99,394	379,469	192,577
Sales and marketing expenses	325	8,480	42,371	33,818
General and administrative expenses	60,535	462,495	240,746	797,239
Total operating expenses	240,882	570,369	662,586	1,023,634
Loss from operations	(42,715)	$ (459,493)	(266,942)	$ (829,420)
Other income (expense):
Interest expense	(8,080)		(20,630)
Accretion of debt discount	(65,522)		(168,408)
Total income (expense)	(73,602)		(189,038)
Net loss	$ (116,317)	$ (459,493)	$ (455,980)	$ (829,420)
Basic and diluted loss per common share	$ (0.01)	$ (0.05)	$ (0.04)	$ (0.10)
Weighted average number of common shares outstanding - basic	18,510,079	9,115,502	12,432,951	8,612,602

Statement of Stockholders' Equi

Statement of Stockholders' Equity (Unaudited) - USD ($)	Common Stock	Additional Paid-In Capital	Deferred Stock Compensation	Accumulated Earnings (Deficit)	Total
Beginning Balance, Shares at Jan. 31, 2014	8,245,000
Beginning Balance, Amount at Jan. 31, 2014	$ 8,245	$ 72,655		$ (58,893)	$ 22,007
Common stock issued for services, Shares	635,000
Common stock issued for services, Amount	$ 635	634,365	$ (400,000)		235,000
Proceeds from sale of common stock, Shares	370,255
Proceeds from sale of common stock, Amount	$ 370	$ 369,885			370,255
Amortization of deferred stock compensation			$ 400,000		400,000
Discount on convertible promissory note due to beneficial conversion feature		$ 188,323			188,323
Discount on convertible promissory note due to detachable warrants		$ 29,167			29,167
Net Loss				$ (1,318,629)	(1,318,629)
Ending Balance, Shares at Jan. 31, 2015	9,250,255
Ending Balance, Amount at Jan. 31, 2015	$ 9,250	$ 1,294,395		$ (1,377,522)	(73,877)
Common stock issued for services, Shares	175,000
Common stock issued for services, Amount	$ 175	8,475			8,650
Proceeds from sale of common stock, Shares	10,040,000
Proceeds from sale of common stock, Amount	$ 10,040	99,961			110,001
Discount on convertible promissory note due to beneficial conversion feature		68,119			68,119
Convertible promissory notes converted to common stock, Shares	13,402,612
Convertible promissory notes converted to common stock, Amount	$ 13,403	$ 73,747			87,150
Net Loss				$ (455,980)	(455,980)
Ending Balance, Shares at Oct. 31, 2015	32,867,867
Ending Balance, Amount at Oct. 31, 2015	$ 32,868	$ 1,544,697		$ (1,833,502)	$ (255,937)

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Cash flows from operating activities
Net loss	$ (455,980)	$ (829,420)
Adjustments to reconcile net loss to net cash provided (used) by operating activities:
Common stock issued for services	8,650	$ 435,000
Accretion of debt discount	168,408
Changes in assets and liabilities:
Decrease (increase) in accounts receivable	15,674	$ (1,405)
Decrease (increase) in prepaid expenses	10,000	17,822
Increase (decrease) in accounts payable and accrued expenses	(18,794)	$ 5,502
Increase (decrease) in accrued interest	20,631
Net cash used in operating activities	(251,411)	$ (372,501)
Cash flows from financing activities
Proceeds from sale of common stock	110,001	$ 370,255
Proceeds from convertible promissory notes	94,000
Proceeds from shareholders loans	7,500	$ 6,250
Repayment of shareholders loans	(8,760)	(4,863)
Net cash provided by financing activities	202,741	371,642
Decrease in cash and cash equivalents	(48,670)	(859)
Cash and cash equivalents at beginning of period	56,745	5,285
Cash and cash equivalents at end of period	$ 8,075	$ 4,426
Supplemental disclosures of cash flow information
Cash paid during the year for: Taxes paid
Cash paid during the year for: Interest paid
Non-cash financing activities:
Common stock issued for conversion of convertible promissory notes	$ 87,150
Debt discount recorded for beneficial conversion feature	$ 68,119

Organization, Going Concern and

Organization, Going Concern and Concentrations of Credit Risk	9 Months Ended
	Oct. 31, 2015
Notes to Financial Statements
Note 1 - Organization, Going Concern and Concentrations of Credit Risk	Organization Artec Global Media, Inc. (the " Company we us our Going Concern The Company has not generated positive net income since inception. The Company has an accumulated deficit of $1,833,502 as of October 31, 2015, and does not have positive cash flows from operating activities. The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America, which contemplates continuation of the Company as a going concern, which is dependent upon the Company's ability to establish itself as a profitable business. In its report with respect to the Company's financial statements for the year ended January 31, 2015, the Company's independent auditors expressed substantial doubt about the Company's ability to continue as a going concern. Because the Company has not yet generated net income from its operations, its ability to continue as a going concern is wholly dependent upon its ability to obtain additional financing and increase revenue. As of October 31, 2015, the Company had cash and cash equivalents of $8,075. Based upon its current and near term anticipated level of operations and expenditures, the Company's cash on hand is insufficient to enable it to continue operations for the next twelve months. As a result, the Company is seeking additional financing but has no commitments to obtain any such financing, and there can be no assurance that financing will be available in amounts or on terms acceptable to the Company, if at all. If adequate funds are not available on reasonable terms, or at all, it would result in a material adverse effect on the Company's business, operating results, financial condition and prospects. Concentrations of credit risk During the three months ended October 31, 2015, two customers accounted for 44% (24% and 20%) of sales. During the nine months ended October 31, 2015, two customers accounted for 39% (28% and 11%) of sales. During the three months ended October 31, 2014, two customers accounted for 77% (65% and 12%) of sales. During the nine months ended October 31, 2014, two customers accounted for 70% (50% and 20%) of sales.

Convertible Promissory Notes

Convertible Promissory Notes	9 Months Ended
	Oct. 31, 2015
Notes to Financial Statements
Note 2 - Convertible Promissory Notes	Following is a summary of our outstanding convertible promissory notes as of October 31, 2015: Note(s) Current Balances Non-Current Balances Lender Issue Date Maturity Principal Interest Principal Interest LG Capital Funding, LLC 10/30/14, 1/30/15 1 year $ 98,289 $ 6,464 $ - $ - Adar Bays, LLC 10/30/14 1 year 52,500 200 - - JMJ Financial 11/12/14, 4/28/15 2 year - - 42,996 - Vista Capital Investments, LLC 12/4/14 2 year - - 38,889 3,292 Typenex Co-Investment, LLC 1/7/15 17 Months 50,274 - - - Vis Vires Group, Inc. 6/8/15 9 Months 69,000 2,223 - - Totals $ 270,063 $ 8,887 $ 81,885 $ 3,292 Debt discount balance (69,802 ) - (48,446 ) - Balance sheet balances $ 200,261 $ 8,887 $ 33,439 $ 3,292 LG Capital Funding Convertible Notes On October 30, 2014, Artec and LG Capital Funding, LLC (" LG Capital LG SPA LG Note 1 LG Note 2 LG Notes th The Company is in default of LG Note 1 due to there being an unpaid balance as of the date of maturity. As a result, the interest on LG Note 1 will increase to 24% and a 10% penalty of the outstanding principal, or $3,924 was added to the principal balance of the LG Note 1. The LG Note 1 is currently in default. The debt discounts attributable to the fair value of the beneficial conversion feature amounted to $29,681 and $30,252 for LG Note 1 and LG Note 2, respectively, and are being accreted over the term of the LG Notes. During the three months ended October 31, 2015, the Company recognized $2,031 of interest expense and $14,942 of debt discount accretion related to the LG Notes. During the nine months ended October 31, 2015, the Company recognized $6,332 of interest expense and $44,662 of debt discount accretion related to the LG Notes. During the three and nine months ended October 31, 2015, LG Capital converted $11,523 and $16,878, respectively into a total of 3,608,967 shares of common stock. Adar Bays Convertible Note On October 30, 2014, Artec and Adar Bays, LLC (" Adar Adar SPA Adar Note Additionally, Adar issued to the Company a note for $50,000, bearing interest at the rate of 8% per annum maturing on July 1, 2015 (the " AdarInvestor Note The Company is in default of the Adar Note due to there being an unpaid balance as of the date of maturity. As a result, the interest on the Adar Note will increase to 24%. The Adar Note is currently in default. The debt discount attributable to the fair value of the beneficial conversion feature amounted to $28,270 for the Adar Note and is being accreted over the term of the Adar Note. The Company recognized $50 of net interest expense and $7,048 of debt discount accretion related to the Adar Note and Adar Investor Note during the three months ended October, 31, 2015. The Company recognized $200 of net interest expense and $21,067 of debt discount accretion related to the Adar Note and Adar Investor Note during the nine months ended October, 31, 2015. JMJ Financial Convertible Note On November 12, 2014, Artec and JMJ Financial entered into a $250,000 Convertible Promissory Note (the " JMJ Note JMJMaturity Date th JMJ Note 1 JMJ Note 2 JMJ Notes The Company recognized no interest expense related to the JMJ Note 2 and $5,601 of debt discount accretion related to the JMJ Notes during the three months ended October 31, 2015. The Company recognized $8,000 of interest expense related to the JMJ Note 1 and JMJ Note 2 and $14,414 of debt discount accretion related to the JMJ Notes during the nine months ended October 31, 2015. During the three and nine months ended October 31, 2015, JMJ converted $11,754 and $31,671, respectively into a total of 2,445,500 shares of common stock. Vista Capital Investments Convertible Note On December 4, 2014, Artec and Vista Capital Investments, LLC (" Vista Vista SPA VistaNote The debt discount attributable to the fair value of the beneficial conversion feature amounted to $38,889 for the Vista Note and is being accreted over the term of the Vista Note. The Company recognized no interest expense related to the Vista Note during the nine months ended October 31, 2015. The Company recorded $4,901 and $14,543 of debt discount accretion during the three and nine months ended October 31, 2015. During the three and nine months ended October 31, 2015, Vista converted $1,375 into 1,375,000 shares of common stock. Typenex Financing On January 7, 2015 (the " Effective Date Typenex TypenexNote TypenexInvestor Notes The Typenex Note bears interest at the rate of 10% per annum. All interest and principal must be repaid on June 7, 2016. The Typenex Note is convertible into common stock, at Typenex's option, at the lesser of (i) $5.00, and (ii) 70% (the "Conversion Factor") of the average of the three (3) lowest Closing Bid Prices in the twenty (20) Trading Days immediately preceding the applicable Conversion, provided that if at any time the average of the three (3) lowest Closing Bid Prices in the twenty (20) Trading Days immediately preceding any date of measurement is below $2.50, then in such event the then-current Conversion Factor shall be reduced to 65% for all future Conversions, subject to other reductions set forth in the Typenex Note. In the event the Company elects to prepay all or any portion of the Typenex Note, the Company is required to pay to Typenex an amount in cash equal to 125% multiplied by the sum of all principal, interest and any other amounts owing. The Typenex Note is secured by all of the assets of the Company and includes customary event of default provisions. Typenex has agreed to restrict its ability to convert the Typenex Note and receive shares of common stock such that the number of shares of common stock held by them in the aggregate and their affiliates after such conversion or exercise does not exceed 4.99% of the then issued and outstanding shares of common stock. The Typenex Note is a debt obligation arising other than in the ordinary course of business, which constitutes a direct financial obligation of the Company. The Typenex Note also provides for penalties and rescission rights if we do not deliver shares of our common stock upon conversion within the required timeframes. Additionally, the Company granted Typenex six warrants, corresponding to the delivery of six tranches of cash funds, to purchase shares of the Company's common stock, $0.001 par value (the "Common Stock"). The first warrant will entitle the holder to purchase a number of shares equal to $43,750 divided by the Market Price, as such number may be adjusted from time to time pursuant to the terms of the Typenex Note, and the remaining warrants will entitle the holder to purchase a number of shares equal to $13,750 divided by the Market Price, as such number may be adjusted from time to time pursuant to the terms of the Typenex Note. Each warrant is not exercisable until each corresponding tranche is funded. The Company first allocated between the Typenex Note and the warrants based upon their relative fair values. The estimated fair value of the warrants issued with the Typenex Note was $43,750. Next, the intrinsic value of the beneficial conversion feature was computed as the difference between the fair value of the common stock issuable upon conversion of the Typenex Note and the total price to convert based on the effective conversion price. The calculated intrinsic value was $66,667. As this amount resulted in a total debt discount that exceeds the loan proceeds, the amount recorded for the beneficial conversion feature was limited to $43,750. The resulting $87,500 discount to the Typenex Note is being accreted over the seventeen month term of the Typenex Note. During the three and nine months ended October 31, 2015, the Company recognized $15,571 and $46,205 of accretion related to the debt discount. No interest expense was recognized as the interest income from the Typenex Investor Notes offset the interest expense from the Typenex Note. During the three and nine months ended October 31, 2015, Typenex converted $13,965 and $37,226, respectively into a total of 5,973,145 shares of common stock. Vis Vires Group, Inc. Convertible Note On June 8, 2015, Artec and Vis Vires Group (" Vis Vires Vis Vires SPA Vis Vires Note During the three months ended October 31, 2015, the Company recognized $1,411 of interest expense and $17,459 of debt discount accretion related to the Vis Vires Note. During the nine months ended October 31, 2015, the Company recognized $2,223 of interest expense and $27,517 of debt discount accretion related to the Vis Vires Note.

Stockholder's Equity

Stockholder's Equity	9 Months Ended
	Oct. 31, 2015
Notes to Financial Statements
Note 3 - Stockholder's Equity	Preferred Stock On November 10, 2015, the Company amended its articles of incorporation to authorize 10,000,000 shares of preferred stock, par value $0.001. The authorized shares of preferred stock may be issued from time to time in one or more classes or series as determined by the board of directors. No preferred shares were outstanding as of October 31, 2015. Common Stock During the nine months ended October 31, 2015, the Company (i) issued 10,040,000 shares of common stock for total proceeds of $110,001;(ii) issued 175,000 shares of restricted common stock in exchange for services valued at $8,650; and (iii) issued 13,402,612 shares upon conversion of various convertible promissory notes, See "Note 2 - Convertible Promissory Notes" above. During the year ended January 31, 2015, the Company 1) issued 370,255 shares of common stock for $1.00 per share for total proceeds of $370,255, and 2) issued 635,000 shares of restricted common stock in exchange for services valued at $1.00 per share. The Company valued the restricted shares based on current price of our common stock realized from private party sales as this more closely reflects the fair value of the issuance rather than the market price of our thinly traded common stock.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Oct. 31, 2015
Notes to Financial Statements
Note 4 - Related Party Transactions	A related party is generally defined as (i) any person who holds 10% or more of the Company's securities and their immediate families, (ii) the Company's management, (iii) someone who directly or indirectly controls, is controlled by or is under common control with the Company, or (iv) anyone who can significantly influence the financial and operating decisions of the Company. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. From time to time, Mr. Wickman, CEO, advances non-interest bearing funds to the Company for general operating use. During the nine months ended October 31, 2015, Mr. Wickman advanced $7,500 and was repaid $8,760. During the nine months ended October 31, 2014, Mr. Wickman advanced $6,250 and was repaid $4,863. CW Web Designs, wholly owned by Caleb Wickman, President, provided data management and client-marketing program development services to the Company. During the three months ended October 31, 2015 and 2014, the Company paid CW Web Designs $0 and $2,000, respectively. During the nine months ended October 31, 2015 and 2014, the Company paid CW Web Designs $0 and $15,500, respectively. All related party transactions are recorded at the exchange amount established and agreed to between related parties and are in the normal course of business.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	9 Months Ended
	Oct. 31, 2015
Notes to Financial Statements
Note 5 - Net Income (Loss) Per Share	The computation of basic earnings per share ("EPS") is based on the weighted average number of shares that were outstanding during the period, including shares of common stock that are issuable at the end of the reporting period. The computation of diluted EPS is based on the number of basic weighted-average shares outstanding plus the number of common shares that would be issued assuming the exercise of all potentially dilutive common shares outstanding using the treasury stock method. The computation of diluted net income per share does not assume conversion, exercise or contingent issuance of securities that would have an antidilutive effect on earnings per share. Therefore, when calculating EPS if the Company experienced a loss, there is no inclusion of dilutive securities as their inclusion in the EPS calculation is antidilutive. Furthermore, options and warrants will have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options or warrants (they are in the money). Following is the computation of basic and diluted net loss per share for the three and nine months ended October 31, 2015 and 2014: Three Months Ended Nine Months Ended October 31, October 31, 2015 2014 2015 2014 Basic and Diluted EPS Computation Numerator: Loss available to common stockholders' $ (116,317 ) $ (459,493 ) $ (455,980 ) $ (829,420 ) Denominator: Weighted average number of common shares outstanding 18,510,079 9,115,502 12,432,951 8,612,602 Basic and diluted EPS $ (0.01 ) $ (0.05 ) $ (0.04 ) $ (0.10 ) Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares): Convertible promissory notes 228,738,872 - 228,738,872 - Warrants 15,086,207 - 15,086,207 -

Subsequent Events

Subsequent Events	9 Months Ended
	Oct. 31, 2015
Notes to Financial Statements
Note 6 - Subsequent Events	Management has reviewed material events subsequent to the quarterly period ended October 31, 2015 and prior to the filing of financial statements in accordance with FASB ASC 855 "Subsequent Events". From November 1, 2015 through December 16, 2015, the Company issued 54,314,272 shares of common stock upon the conversion of approximately $57,455 of convertible notes and accrued interest payable. In addition, the Company issued 250,000 for services valued at $425.

Organization, Going Concern a13

Organization, Going Concern and Concentrations of Credit Risk (Policies)	9 Months Ended
	Oct. 31, 2015
Organization Going Concern And Concentrations Of Credit Risk Policies
Basis of Presentation	The unaudited financial statements of Artec Global Media, Inc. as of October 31, 2015, and for the three and nine months ended October 31, 2015 and 2014, have been prepared in accordance with accounting principles generally accepted in the United States for interim financial reporting. Accordingly, they do not include all of the disclosures required by accounting principles generally accepted in the United States for complete financial statements and should be read in conjunction with the audited financial statements and notes thereto for the year ended January 31, 2015, as filed with the Securities and Exchange Commission as part of the Company's Form 10-K. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the interim financial information have been included. The Company did not record an income tax provision during the periods presented due to net taxable losses. The results of operations for any interim period are not necessarily indicative of the results of operations for the entire year.
Organization	Artec Global Media, Inc. (the " Company we us our
Going Concern	The Company has not generated positive net income since inception. The Company has an accumulated deficit of $1,833,502 as of October 31, 2015, and does not have positive cash flows from operating activities. The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America, which contemplates continuation of the Company as a going concern, which is dependent upon the Company's ability to establish itself as a profitable business. In its report with respect to the Company's financial statements for the year ended January 31, 2015, the Company's independent auditors expressed substantial doubt about the Company's ability to continue as a going concern. Because the Company has not yet generated net income from its operations, its ability to continue as a going concern is wholly dependent upon its ability to obtain additional financing and increase revenue. As of October 31, 2015, the Company had cash and cash equivalents of $8,075. Based upon its current and near term anticipated level of operations and expenditures, the Company's cash on hand is insufficient to enable it to continue operations for the next twelve months. As a result, the Company is seeking additional financing but has no commitments to obtain any such financing, and there can be no assurance that financing will be available in amounts or on terms acceptable to the Company, if at all. If adequate funds are not available on reasonable terms, or at all, it would result in a material adverse effect on the Company's business, operating results, financial condition and prospects.
Concentrations of credit risk	During the three months ended October 31, 2015, two customers accounted for 44% (24% and 20%) of sales. During the nine months ended October 31, 2015, two customers accounted for 39% (28% and 11%) of sales. During the three months ended October 31, 2014, two customers accounted for 77% (65% and 12%) of sales. During the nine months ended October 31, 2014, two customers accounted for 70% (50% and 20%) of sales.

Convertible Promissory Notes (T

Convertible Promissory Notes (Tables)	9 Months Ended
	Oct. 31, 2015
Convertible Promissory Notes Tables
Summary of outstanding convertible promissory notes	Note(s) Current Balances Non-Current Balances Lender Issue Date Maturity Principal Interest Principal Interest LG Capital Funding, LLC 10/30/14, 1/30/15 1 year $ 98,289 $ 6,464 $ - $ - Adar Bays, LLC 10/30/14 1 year 52,500 200 - - JMJ Financial 11/12/14, 4/28/15 2 year - - 42,996 - Vista Capital Investments, LLC 12/4/14 2 year - - 38,889 3,292 Typenex Co-Investment, LLC 1/7/15 17 Months 50,274 - - - Vis Vires Group, Inc. 6/8/15 9 Months 69,000 2,223 - - Totals $ 270,063 $ 8,887 $ 81,885 $ 3,292 Debt discount balance (69,802 ) - (48,446 ) - Balance sheet balances $ 200,261 $ 8,887 $ 33,439 $ 3,292

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	9 Months Ended
	Oct. 31, 2015
Net Income Loss Per Share Tables
Computation of basic and diluted net loss per share	Following is the computation of basic and diluted net loss per share for the three and nine months ended October 31, 2015 and 2014: Three Months Ended Nine Months Ended October 31, October 31, 2015 2014 2015 2014 Basic and Diluted EPS Computation Numerator: Loss available to common stockholders' $ (116,317 ) $ (459,493 ) $ (455,980 ) $ (829,420 ) Denominator: Weighted average number of common shares outstanding 18,510,079 9,115,502 12,432,951 8,612,602 Basic and diluted EPS $ (0.01 ) $ (0.05 ) $ (0.04 ) $ (0.10 ) Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares): Convertible promissory notes 228,738,872 - 228,738,872 - Warrants 15,086,207 - 15,086,207 -

Organization, Going Concern a16

Organization, Going Concern and Concentrations of Credit Risk (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Jan. 31, 2015
Accumulated deficit	$ (1,833,502)		$ (1,833,502)		$ (1,377,522)
Cash and cash equivalents	$ 8,075		$ 8,075		$ 56,745
One Customer [Member]
Sales receivable	24.00%	65.00%	28.00%	50.00%
Two Customer [Member]
Sales receivable	20.00%	12.00%	11.00%	20.00%
Total Customers [Member]
Sales receivable	44.00%	77.00%	39.00%	70.00%

Convertible Promissory Notes (D

Convertible Promissory Notes (Details)	9 Months Ended
	Oct. 31, 2015USD ($)
Total current balances - principal	$ 270,063
Total current balances - interest	8,887
Total non-current balances - principal	81,885
Total non-current balances - interest	3,292
Debt discount current balances - principal	$ (69,802)
Debt discount current balances - interest
Debt discount non-current balances - principal	$ (48,446)
Debt discount non-current balances - interest
Balance sheet current balances - principal	$ 200,261
Balance sheet current balances - interest	8,887
Balance sheet non-current balances - principal	33,439
Balance sheet non-current balances - interest	$ 3,292
LG Capital Funding Convertible Notes [Member]
Note issue date	Oct. 30, 2014
Note issue date 1	Jan. 30, 2015
Note maturity	1 year
Total current balances - principal	$ 98,289
Total current balances - interest	$ 6,464
Total non-current balances - principal
Total non-current balances - interest
Adar Bays Convertible Note [Member]
Note issue date	Oct. 30, 2014
Note maturity	1 year
Total current balances - principal	$ 52,500
Total current balances - interest	$ 200
Total non-current balances - principal
Total non-current balances - interest
JMJ Financial Convertible Note [Member]
Note issue date	Nov. 12, 2014
Note issue date 1	Apr. 28, 2015
Note maturity	2 years
Total current balances - principal
Total current balances - interest
Total non-current balances - principal	$ 42,996
Total non-current balances - interest
Vista Capital Investments Convertible Note [Member]
Note issue date	Dec. 4, 2014
Note maturity	2 years
Total current balances - principal
Total current balances - interest
Total non-current balances - principal	$ 38,889
Total non-current balances - interest	$ 3,292
Typenex Financing [Member]
Note issue date	Jan. 7, 2015
Note maturity	17 months
Total current balances - principal	$ 50,274
Total current balances - interest
Total non-current balances - principal
Total non-current balances - interest
Vis Vires Group, Inc. Convertible Note [Member]
Note issue date	Jun. 8, 2015
Note maturity	9 months
Total current balances - principal	$ 69,000
Total current balances - interest	$ 2,223
Total non-current balances - principal
Total non-current balances - interest

Convertible Promissory Notes 18

Convertible Promissory Notes (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Oct. 31, 2015	Oct. 31, 2015
LG Capital Funding Convertible Notes [Member]
Interest expense	$ 2,031	$ 6,332
Accretion related debt discount	$ 14,942	$ 44,662
Converted common stock, Shares	3,608,967	3,608,967
Converted common stock, Value	$ 11,523	$ 16,878
Adar Bays Convertible Note [Member]
Interest expense	50	200
Accretion related debt discount	7,048	21,067
JMJ Financial Convertible Note [Member]
Interest expense	0	8,000
Accretion related debt discount	$ 5,601	$ 14,414
Converted common stock, Shares	2,445,500	2,445,500
Converted common stock, Value	$ 11,754	$ 31,671
Vista Capital Investments Convertible Note [Member]
Interest expense	0	0
Accretion related debt discount	$ 4,901	$ 14,543
Converted common stock, Shares	1,375,000	1,375,000
Converted common stock, Value	$ 1,375	$ 1,375
Typenex Financing [Member]
Interest expense	0	0
Accretion related debt discount	$ 15,571	$ 46,205
Converted common stock, Shares	5,973,145	5,973,145
Converted common stock, Value	$ 13,965	$ 37,226
Vis Vires Group, Inc. Convertible Note [Member]
Interest expense	1,411	2,223
Accretion related debt discount	$ 17,459	$ 27,517

Stockholder's Equity (Details N

Stockholder's Equity (Details Narrative) - USD ($)	9 Months Ended	12 Months Ended
	Oct. 31, 2015	Jan. 31, 2015
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Issuance of common stock, shares	10,040,000
Proceeds from sale of common stock	$ 110,001
Issuance of restricted common stock in exchange for services, shares	175,000
Issuance of restricted common stock in exchange for services, value	$ 8,650
Issuance of common stock upon conversion of various convertible promissory notes	13,402,612
First Company [Member]
Issuance of common stock, shares		370,255
Stock price		$ 1
Proceeds from sale of common stock		$ 370,255
Second Company [Member]
Issuance of restricted common stock in exchange for services, shares		635,000
Issuance of restricted common stock in exchange for services, value per share		$ 1

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2015	Oct. 31, 2014
Proceeds from shareholders loans			$ 7,500	$ 6,250
Repayment of shareholders loans			(8,760)	(4,863)
Mr. Wickman [Member]
Proceeds from shareholders loans			7,500	6,250
Repayment of shareholders loans			8,760	4,863
CW Web Designs [Member]
Payment for services to the company	$ 0	$ 2,000	$ 0	$ 15,500

Net Income (Loss) Per Share (De

Net Income (Loss) Per Share (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Jan. 31, 2015
Numerator:
Loss available to common stockholders'	$ (116,317)	$ (459,493)	$ (455,980)	$ (829,420)	$ (1,318,629)
Denominator:
Weighted average number of common shares outstanding	18,510,079	9,115,502	12,432,951	8,612,602
Basic and diluted EPS	$ (0.01)	$ (0.05)	$ (0.04)	$ (0.10)
Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares):
Convertible promissory notes	228,738,872		228,738,872
Warrants	15,086,207		15,086,207