Document and Entity Information
Document and Entity Information - shares | 6 Months Ended | |
Jul. 31, 2015 | Sep. 18, 2015 | |
Document And Entity Information [Abstract] | ||
Entity Registrant Name | ANYTRANSLATION CORP | |
Entity Central Index Key | 1,571,804 | |
Trading Symbol | aynt | |
Current Fiscal Year End Date | --01-31 | |
Entity Filer Category | Smaller Reporting Company | |
Entity Common Stock, Shares Outstanding | 6,079,000 | |
Document Type | 10-Q | |
Document Period End Date | Jul. 31, 2015 | |
Amendment Flag | false | |
Document Fiscal Year Focus | 2,016 | |
Document Fiscal Period Focus | Q2 |
BALANCE SHEETS (UNAUDITED)
BALANCE SHEETS (UNAUDITED) - USD ($) | Jul. 31, 2015 | Jan. 31, 2015 |
Current Assets | ||
Cash and cash equivalents | $ 175 | |
Total current assets | 175 | |
Total Assets | 175 | |
Current Liabilities | ||
Advances from director | 16,998 | |
Accounts payable and accrued liabilities | $ 9,050 | |
Total current liabilities | 9,050 | 16,998 |
Total Liabilities | 9,050 | 16,998 |
Stockholders' Deficit | ||
Common stock, par value $0.001; 75,000,000 shares authorized, 6,079,000 shares issued and outstanding | 6,079 | 6,079 |
Additional paid in capital | 37,849 | 20,501 |
Accumulated deficit | (52,978) | (43,403) |
Total Stockholders' Deficit | $ (9,050) | (16,823) |
Total Liabilities and Stockholders' Deficit | $ 175 |
BALANCE SHEETS (UNAUDITED) (Par
BALANCE SHEETS (UNAUDITED) (Parentheticals) - $ / shares | Jul. 31, 2015 | Jan. 31, 2015 |
Statement of Financial Position [Abstract] | ||
Common share, per value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 75,000,000 | 75,000,000 |
Common stock, shares issued | 6,079,000 | 6,079,000 |
Common stock, shares outstanding | 6,079,000 | 6,079,000 |
STATEMENTS OF OPERATIONS (UNAUD
STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jul. 31, 2015 | Jul. 31, 2014 | Jul. 31, 2015 | Jul. 31, 2014 | |
Income Statement | ||||
REVENUES | ||||
OPERATING EXPENSES | ||||
General and administrative expenses | $ 2,256 | $ 14,852 | $ 9,575 | $ 28,103 |
Total Operating Expenses | 2,256 | 14,852 | 9,575 | 28,103 |
LOSS BEFORE INCOME TAXES | $ (2,256) | $ (14,852) | $ (9,575) | $ (28,103) |
Income taxes | ||||
NET LOSS | $ (2,256) | $ (14,852) | $ (9,575) | $ (28,103) |
NET LOSS PER SHARE: BASIC AND DILUTED (in dollars per share) | $ 0 | $ 0 | $ 0 | $ 0 |
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED (in shares) | 6,079,000 | 6,079,000 | 6,079,000 | 6,079,000 |
STATEMENTS OF CASH FLOWS (UNAUD
STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) | 6 Months Ended | |
Jul. 31, 2015 | Jul. 31, 2014 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Net loss | $ (9,575) | $ (28,103) |
Changes in assets and liabilities: | ||
Accounts payable and accrued liabilities | 9,050 | 1,800 |
Net Cash Used in Operating Activities | (525) | (26,303) |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Advances from prior director | 350 | 7,000 |
Net Cash Provided by Financing Activities | 350 | 7,000 |
Net Change in Cash | (175) | (19,303) |
Cash, beginning of period | $ 175 | 20,009 |
Cash, end of period | $ 706 | |
SUPPLEMENTAL CASH FLOW INFORMATION: | ||
Interest paid | ||
Income taxes paid | ||
NONCASH INVESTING AND FINANCING ACTIVITIES: | ||
Advances forgiven by prior director | $ 17,348 |
ORGANIZATION AND NATURE OF BUSI
ORGANIZATION AND NATURE OF BUSINESS | 6 Months Ended |
Jul. 31, 2015 | |
Organization And Nature Of Business [Abstract] | |
ORGANIZATION AND NATURE OF BUSINESS | NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS AnyTranslation Corp. (the "Company") was incorporated under the laws of the State of Nevada on July 5, 2012. We were founded to be in the business of translation and interpretation. The Company undertook translation and interpretation projects for various fields from business, economics, to science issues. All operating projects were customer tailored with freelancers that operated in their mother-tongue. We are presently in the process of exploring other business opportunities. |
BASIS OF PRESENTATION AND GOING
BASIS OF PRESENTATION AND GOING CONCERN | 6 Months Ended |
Jul. 31, 2015 | |
Basis Of Presentation And Going Concern [Abstract] | |
BASIS OF PRESENTATION AND GOING CONCERN | NOTE 2 – BASIS OF PRESENTATION AND GOING CONCERN BASIS OF ACCOUNTING The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the Securities and Exchange Commission (the "SEC") for interim financial reporting. Accordingly, these financial statements do not include all information and footnote disclosures required for an annual set of financial statements prepared under United States generally accepted accounting principles. In the opinion of our management, all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation of the financial position, results of operations and cash flows as of July 31, 2015 and for all interim periods presented herein have been reflected in these financial statements and the notes there to. Interim results for the six months ended July 31, 2015 are not necessarily indicative of the results to be expected for the fiscal year as a whole. These financial statements should be read in conjunction with the audited financial statements and accompanying notes as included in the Form 10-K for the year ended January 31, 2015. GOING CONCERN The financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred losses resulting in an accumulated deficit of $52,978 as of July 31, 2015 and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and, or, to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand and loans from directors and, or, private placement of common stock. These financials do not include any adjustments relating to the recoverability and reclassification of recorded asset amounts, or amounts and classifications of liabilities that might result from this uncertainty. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Recent Accounting Pronouncements The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow. |
ADVANCES FROM DIRECTOR
ADVANCES FROM DIRECTOR | 6 Months Ended |
Jul. 31, 2015 | |
Related Party Transactions [Abstract] | |
ADVANCES FROM DIRECTOR | NOTE 3 – ADVANCES FROM DIRECTOR Prior to the year ended January 31, 2015, the director advanced $16,998 to the Company for operating needs. During the three month period ended April 30, 2015, the director loaned an additional $350 to the Company's working capital. On June 29, 2015, the director forgave all his advances of $17,348. The advance forgiveness was recorded as additional capital during the three month period ended July 31, 2015. The balance due to the director was $0 and $16,998 as of July 31, 2015 and January 31, 2015, respectively. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 6 Months Ended |
Jul. 31, 2015 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 4 – SUBSEQUENT EVENTS On September 2, 2015, a change in control of Anytranslation Corp. (the "Company") occurred by virtue of the Company's largest shareholder, Andrei Catalin Ispas, selling 4,000,000 shares of the Company's common stock to Forestbay Capital Partners II, LLC, a Delaware limited liability company. Such shares represent 65.8% of the Company's total issued and outstanding shares of common stock. As part of the sale of the shares, Forestbay Capital Partners arranged with Mr. Ispas, prior to resigning as the sole member of the Company's Board of Directors (see Item 5.02 below), to appoint Mr. Edward Mooney as the sole officer and director of the Company. Effective September 2, 2015, the Company accepted the resignation of Andrei Catalin Ispas as the sole officer of the Company and as the sole member of the Company's board of directors. The resignation of Mr. Ispas was not due to any disagreement with the Company on any matter relating to its operations, policies or practices. Simultaneously, Mr. Edward Mooney, was elected as the as the Company's President, Secretary, Treasurer and a member of the Board of Directors. Mr. Mooney is the Manager of Forestbay Capital Partners II, LLC. In addition, Mr. Philip G. Allen was named to the Board of Directors on September 2, 2015. |
BASIS OF PRESENTATION AND GOI10
BASIS OF PRESENTATION AND GOING CONCERN (Policies) | 6 Months Ended |
Jul. 31, 2015 | |
Basis Of Presentation And Going Concern [Abstract] | |
Recent Accounting Pronouncements | Recent Accounting Pronouncements The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow. |
BASIS OF PRESENTATION AND GOI11
BASIS OF PRESENTATION AND GOING CONCERN (Detail Textuals) - USD ($) | Jul. 31, 2015 | Jan. 31, 2015 |
Basis Of Presentation And Going Concern [Abstract] | ||
Accumulated deficit | $ (52,978) | $ (43,403) |
ADVANCES FROM DIRECTOR (Detail
ADVANCES FROM DIRECTOR (Detail Textuals) - USD ($) | 6 Months Ended | 12 Months Ended | |
Jul. 31, 2015 | Jul. 31, 2014 | Jan. 31, 2015 | |
Related Party Transactions [Abstract] | |||
Director advanced | $ 350 | $ 7,000 | $ 16,998 |
Advances forgiven by prior director | $ 17,348 | ||
Advances from director | $ 16,998 |
SUBSEQUENT EVENTS (Detail Textu
SUBSEQUENT EVENTS (Detail Textuals) - 1 months ended Sep. 02, 2015 - Subsequent Event - Andrei Catalin Ispas - Forestbay Capital Partners II, LLC - shares | Total |
Subsequent Event [Line Items] | |
Number of common stock sold to limited liability company | 4,000,000 |
Percentage of total issued and outstanding shares of common stock | 65.80% |