Maiden Lane Jewelry (MDNL) 10-K 4 Sep 14 2014 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	31-May-14	Jul. 31, 2014	Jun. 30, 2014
Document Information [Line Items]	'	'	'
Entity Registrant Name	'Maiden Lane Jewelry, Ltd.	'	'
Entity Central Index Key	'0001574097	'	'
Current Fiscal Year End Date	'--05-31	'	'
Trading Symbol	'MDNL	'	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-May-14	'	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2014	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Common Stock, Shares Outstanding	'	10,466,250	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Public Float	'	'	$7.70

BALANCE_SHEET

BALANCE SHEET (USD $)	31-May-14	31-May-13
Current Assets:	'	'
Cash and Cash Equivalents	$15,269	$39,086
Accounts Receivable, Net	1,594,010	752,923
Inventories	2,094,929	1,789,394
Prepaid Expenses	64,092	32,031
Deferred Taxes	85,840	13,500
Total Current Assets	3,854,140	2,626,934
Property and Equipment, Net	10,051	10,967
Security Deposits	2,000	2,000
Total Assets	3,866,191	2,639,901
Current Liabilities:	'	'
Accounts Payable	1,895,906	1,679,891
Accrued Expenses	49,474	75,526
Loans Payable - Factor	826,284	0
Loans Payable - Related Parties	359,632	0
Common Stock to be Issued	32,871	0
Income Taxes Payable	0	36,600
Total Current Liabilities	3,164,167	1,792,017
Long-Term Debt:	'	'
Convertible Note Payable - Related Party	74,000	74,000
Total Liabilities	3,238,167	1,866,017
Commitments and Contingencies	'	'
Stockholders’ Equity:	'	'
Preferred Stock, $.0001 par value; 10,000,000 shares authorized, none issued and outstanding at May 31, 2014 and May 31, 2013	0	0
Common Stock, $.0001 par value; 50,000,000 shares authorized, 10,466,250 and 10,353,750 shares issued and outstanding at May 31, 2014 and May 31, 2013, respectively	1,047	1,035
Additional Paid-In Capital	895,555	685,567
Retained Earnings (Deficit)	-268,578	87,282
Total Stockholders’ Equity	628,024	773,884
Total Liabilities and Stockholders’ Equity	$3,866,191	$2,639,901

BALANCE_SHEET_Parenthetical

BALANCE SHEET (Parenthetical) (USD $)	31-May-14	31-May-13
Preferred Stock, par value	$0.00	$0.00
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common Stock, par value	$0.00	$0.00
Common Stock, shares authorized	50,000,000	50,000,000
Common Stock, shares issued	10,466,250	10,353,750
Common Stock, shares outstanding	10,466,250	10,353,750

STATEMENT_OF_OPERATIONS

STATEMENT OF OPERATIONS (USD $)	9 Months Ended	12 Months Ended
	31-May-13	31-May-14
Sales - Net	$2,100,778	$5,409,013
Costs and Expenses:	'	'
Cost of Sales	1,732,610	4,304,056
Officer’s Compensation	64,531	187,337
Professional and Consulting Fees	56,504	658,661
Selling, General and Administrative Expenses	116,574	615,047
Provision for Bad Debts	18,097	6,123
Total Costs and Expenses	1,988,316	5,771,224
Income (Loss) from Operations	112,462	-362,211
Other Income (Expense):	'	'
Interest Expense - Related Party	-2,080	-2,960
Interest Expense - Accounts Receivable Financings	0	-61,529
Total Other Income and (Expenses)	-2,080	-64,489
Income (Loss) before Income Tax Provision (Benefit)	110,382	-426,700
Income Tax (Benefit) Provision	23,100	-70,840
Net Income (Loss)	$87,282	($355,860)
Income (Loss) Per Common Share - Basic	$0.01	($0.03)
Basic Weighted Average Shares	10,108,206	10,403,031
Income (Loss) Per Common Share - Diluted	$0.01	($0.03)
Diluted Weighted Average Shares	10,141,419	10,403,031

STATEMENT_OF_STOCKHOLDERS_EQUI

STATEMENT OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]
Beginning balance at Sep. 05, 2012	$0	$0	$0	$0
Beginning balance, Shares at Sep. 05, 2012	'	0	'	'
Common Stock Issued to Founders	1,000	1,000	0	0
Common Stock Issued to Founders (in Shares)	'	10,000,000	'	'
Issuance of Common Stock for services	0	1,000	'	'
Issuance of Common Stock for services (in shares)	'	10,000,000	'	'
Sale of Common Stock, net of offering costs	685,602	35	685,567	0
Sale of Common Stock, net of offering costs (in shares)	'	353,750	'	'
Net Income (Loss)	87,282	0	0	87,282
Ending balance at May. 31, 2013	773,884	1,035	685,567	87,282
Ending balance, Shares at May. 31, 2013	'	10,353,750	'	'
Issuance of Common Stock for services	225,000	12	224,998	0
Issuance of Common Stock for services (in shares)	'	112,500	'	'
Offering Costs	-15,000	0	-15,000	0
Net Income (Loss)	-355,860	0	0	-355,860
Ending balance at May. 31, 2014	$628,024	$1,047	$895,555	($268,578)
Ending balance, Shares at May. 31, 2014	'	10,466,250	'	'

STATEMENT_OF_CASH_FLOWS

STATEMENT OF CASH FLOWS (USD $)	9 Months Ended	12 Months Ended
	31-May-13	31-May-14
Cash Flows from Operating Activities:	'	'
Net Income (Loss)	$87,282	($355,860)
Adjustments to Reconcile Net Income to Net Cash (Used) in Operating Activities:	'	'
Depreciation	757	3,271
Common Stock Issued for Services	0	225,000
Deferred Taxes	-13,500	-72,340
Reserve for Doubtful Accounts and Sales Returns and Allowances	37,463	207,274
Changes in Assets and Liabilities:	'	'
(Increase) in Accounts Receivable	-790,386	-1,048,361
(Increase) in Inventories	-1,789,394	-305,535
(Increase) in Prepaid Expenses	-32,031	-32,061
Increase in Security Deposits	-2,000	0
Increase in Accounts Payable	1,679,891	216,015
Increase (Decrease) in Accrued Expenses	75,526	-26,052
Increase in Common Stock to be Issued	0	32,871
Increase (Decrease) in Income Taxes Payable	36,600	-36,600
Net Cash (Used) in Operating Activities	-709,792	-1,192,378
Cash Flows from Investing Activities:	'	'
Capital Expenditures	-11,724	-2,355
Net Cash (Used) In Investing Activities	-11,724	-2,355
Cash Flows from Financing Activities:	'	'
Proceeds from Sale of Common Stock	708,500	0
Proceeds of Convertible Note - Related Party	74,000	0
Proceeds of Loans Payable - Related Parties	0	934,341
Payments of Loans Payable - Related Parties	0	-574,709
Payments of Offering Costs	-21,898	-15,000
Proceeds from Loans Payable - Factor	0	3,990,500
Repayments to Loans Payable - Factor	0	-3,164,216
Net Cash (Used) In Financing Activities	760,602	1,170,916
Increase (Decrease) in Cash and Cash Equivalents	39,086	-23,817
Cash and Cash Equivalents - Beginning of Period	0	39,086
Cash and Cash Equivalents - End of Period	39,086	15,269
Supplemental Disclosure of Cash Flow Information:	'	'
Interest Paid	0	63,117
Income Taxes Paid	$0	$48,570

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	31-May-14
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Summary of Significant Accounting Policies	'
	NOTE 1 - Summary of Significant Accounting Policies
	Organization and Basis of Presentation
	Maiden Lane Jewelry, Ltd., formerly Romantique Ltd., (“the Company”) was incorporated on September 6, 2012 under the laws of the State of New York.  The Company is a wholesaler and manufacturer of jewelry including pendants, bracelets and earrings.  We began operations on October 1, 2012 by selling fashion rings, pendants, earrings and bracelets to independent retailers. In December 2012, we commenced a line of bridal (engagement) rings, featuring both settings and diamonds. In February 2014 we began focusing on bridal jewelry featuring uniquely cut stones which in May 2014 we branded as an Aspiri cut diamond.
	Cash and Cash Equivalents
	The Company considers all highly-liquid investments purchased with a maturity of three months or less to be cash equivalents.  As of May 31, 2014 and 2013, the Company did not have any cash equivalents.
	Inventories
	Raw materials are stated at the lower of cost or market, with cost determined by specific identification for unique items (such as diamond stones, each with a particular carat weight, color, clarity and cut) and using the first-in, first-out method for generic items or styles (certain semi-mounts and fashion jewelry). Finished goods which we fabricate are stated at the lower of cost or market, with cost determined by specific identification for each component making up the item plus direct labor and other fees (primarily diamond certification).
	Property and Equipment
	Property and equipment is carried at cost less accumulated depreciation.  Depreciation is computed by the straight-line method over the estimated useful lives of the related assets, which is five years.
	Revenue Recognition
	For revenue from product sales, the Company recognizes revenue in accordance with Staff Accounting Bulletin No. 104, “Revenue Recognition” (SAB No. 104), which superseded Staff Accounting Bulletin No. 101, “Revenue Recognition in Financial Statements” (SAB No. 101).  SAB No. 104 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured.  Determination of criteria (3) and (4) are based on management’s judgment regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts.  Provisions for discounts and rebates to customers, estimated returns and allowance, and other adjustments are provided for in the same period the related sales are recorded. Provision for sales returns and allowances that were netted against sales amounted to $201,000 for the year ended May 31, 2014 and $19,000 for the period September 6, 2012 (inception) to May 31, 2013.
	Concentration of Credit Risks
	The Company primarily sells its products to retail jewelers focused on mid-to-high end consumers. Customers typically receive payment terms of ratable monthly payments over 90 to 120 days with exceptions based on credit quality or other terms and conditions.  As a results, the Company is exposed to credit risk on its accounts receivable. The Company generally seeks to mitigate such risk by performing credit checks through jeweler trade associations it is a members of, by attending trade shows which selectively invite retailer attendees based on their credit worthiness and by checking references with other jewelers in the industry.
	Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash and cash equivalents. The Company maintains cash balances at financial institutions which exceed the current Federal Deposit Insurance Corporation (“FDIC”) limit of $250,000 at times during the year.
	Sales
	The Company’s sales are comprised of primarily three major products: Aspiri Cut Rings, Complete Rings and Fashion Jewelry. The Company may also on occasion sell loose stone inventory.
	A breakdown of sales for the year ended May 31, 2014 and the period September 6, 2012 (inception) through May 31, 2013 follows:
		Year Ended			September 6,
		May 31,			2013
		2014			(inception) to
					May 31,
					2013
	Aspiri Cut Rings		17	%		—
	Complete Rings (not Aspiri)		45	%		18	%
	Fashion Jewelry & Other		38	%		82	%
	A breakdown of sales for the three months ended May 31, 2014 and 2013follows:
		Three			Three
		Months			Months
		Ended			Ended
		May 31,			May 31,
		2014			2013
	Aspiri Cut Rings		97	%		—
	Complete Rings (not Aspiri)		-17	%		75	%
	Fashion Jewelry & Other		20	%		25	%
	The three months ended May 31, 2014 had returns of Complete Rings that were not Aspiri Cut Rings as some customers substituted such rings for Aspiri Cut Rings.
	Advertising Costs
	Advertising and show costs are charged to operations when incurred.  Advertising costs during the year ended May 31, 2014 was $109,000.  Advertising costs incurred during the period September 6, 2012 (inception) through May 31, 2013 was $485.
	Deferred Income Taxes
	The Company accounts for deferred income taxes using the asset and liability method, the objective of which is to establish deferred tax assets and liabilities for the temporary differences between the financial reporting and the tax bases of the Company’s assets and liabilities at enacted tax rates expected to be in effect when such amounts are realized or settled.  A valuation allowance related to deferred tax assets is recorded when it is more likely than not that some portion or all of the deferred tax assets will not be realized.
	Net Income (Loss) Per Share
	Basic earnings (loss) per common share is computed by dividing net income (loss) by the weighted average number of common shares outstanding. Diluted earnings per common share is computed by dividing net income by the weighted average number of common shares and dilutive common share equivalents and convertible securities then outstanding.
	The following provides a reconciliation of the shares used in calculating the per share amounts for the periods presented:
						Period
						September 6,
						2012
			Year Ended			(Inception)
			May 31,			to
			2014			May 31, 2013
	Numerator:
	Net Income (Loss)		$	-355,860		$	87,282
	Denominator:
	Basic weighted-average shares			10,403,031			10,108,206
	Effect of dilutive securities:
	Convertible Debt2			—	1		33,213
	Diluted weighted-average shares			10,403,031			10,141,419
	Per Share Income (Loss):
	Basic		$	-0.03		$	0.01
	Diluted		$	-0.03		$	0.01
	1 Convertible debt for the year ended May 31, 2014 is not included in the computation of diluted weighted average shares as such inclusion would be anti-dilutive.
	2 Convertible debt is convertible into 37,000 shares of common stock.
	Accounting Estimates
	The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the 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.  Management uses its best judgment in valuing these estimates, and may, as warranted, solicit external professional advice and other assumptions believed to be reasonable.
	Fair Value Measurements
The authoritative guidance for fair value measurements defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or the most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.  Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact, and (iv) willing to transact.  The guidance describes a fair value hierarchy based on the levels of inputs, or which the first two are considered observable and the last unobservable, that may be used to measure fair value which are the following:
Level 1:  Quoted prices in active markets for identical assets or liabilities.
Level 2:  Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active, or other inputs that are observable or corroborated by observable market data or substantially the full term of the assets or liabilities.
Level 3:  Unobservable inputs that are supported by little or no market activity and that are significant to the value of the assets or liabilities.
The Company's financial instruments include cash and cash equivalents, accounts receivable and accounts payable.  These items are determined to be a Level 1 fair value measurement.
The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable, accrued expenses, and loans payable approximates fair value because of the short maturity of these instruments.  The recorded value of long-term debt approximates its fair value as the terms and rates approximate market rates.
Recent Accounting Pronouncements
Management does not believe there would have been a material effect on the accompanying financial statements had any recently issued, but not yet effective, accounting standards been adopted in the current period.

Inventories

Inventories	12 Months Ended
	31-May-14
Inventory Disclosure [Abstract]	'
Inventories	'
	NOTE 2 - Inventories
	Inventories consist of the components:
		May 31, 2014		May 31, 2013
	Raw Materials	$	257,598	$	1,508,981
	Finished Goods		1,837,331		280,413
	Total Inventory	$	2,094,929	$	1,789,394
	Inventories are pledged as security for the Company’s Accounts Receivable Financing Agreement (see Note 8).

Property_and_Equipment

Property and Equipment	12 Months Ended
	31-May-14
Property, Plant and Equipment [Abstract]	'
Property and Equipment	'
	NOTE 3 - Property and Equipment
	Property and equipment consists of the following:
		May 31, 2014		May 31, 2013
	Office Equipment	$	9,271	$	6,916
	Computers		4,808		4,808
			14,079		11,724
	Less: Accumulated Depreciation		4,028		757
		$	10,051	$	10,967
	Depreciation expense was approximately $3,300 for the year ended May 31, 2014 and $757 for the period September 6, 2012 (inception) through May 31, 2013.

Convertible_Note_Payable_Relat

Convertible Note Payable - Related Party	12 Months Ended
	31-May-14
Debt Disclosure [Abstract]	'
Convertible Note Payable - Related Party	'
	NOTE 4 - Convertible Note Payable – Related Party
	Convertible note payable to the Company’s president is summarized as follows:
		May 31, 2014		May 31, 2013
	Note Payable, bearing interest at 4% per annum, and due December 31, 2015. The note is Convertible into shares of the Company’s Common stock at a conversion rate of $2 per share, subject to adjustment upon the occurrence of certain events including stock dividends, stock split or combinations and reclassifications.	$	74,000	$	74,000

Loans_Payable_Related_Parties

Loans Payable - Related Parties	12 Months Ended
	31-May-14
Debt Disclosure [Abstract]	'
Loans Payable - Related Parties	'
	NOTE 5 - Loans Payable – Related Parties
	Loans payable to related parties is summarized as follows:
		May 31, 2014		May 31, 2013
	Loans payable to the Company’s President and CEO. The loans are payable on demand and non-interest bearing, and are subordinated to the factor.	$	359,632	$	—
	A portion of this note in the amount of $210,000 is subordinated to the factor.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	31-May-14
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	NOTE 6 - Commitments and Contingencies
	None.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	31-May-14
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	NOTE 7 - Related Party Transactions
	On October 1, 2012 the Company entered into a one-year consulting agreement with Isaac Gurary, under which he was to provide certain business and corporate marketing services to the Company for an annual consulting fee of 3% of net sales during the term of the agreement. As of May 31, 2014 the amount owed to Mr. Gurary was approximately $104,000. As of May 31, 2013, the Company had recorded accrued compensation to Mr. Gurary in the amount of approximately $65,000. These amounts are included in accounts payable and accrued expenses respectively at May 31, 2014 and May 31, 2013, respectively. Mr. Gurary serves as the Company’s President and is a significant stockholder of the Company.
	During the year ended May 31, 2014, the Company purchased approximately 63% of its merchandise from Classique Creations LLC (“Classique”), a company that is owned by the mother of the Company’s President.
	Included in accounts payable at May 31, 2014 and May 31, 2013 are amounts owed to Classique totaling $1.5 million and $656,000, respectively. Payment terms to Classique are one to twelve months and the manner of settlement is cash payment. Pursuant to the Accounts Receivable Financing Agreement (See Note 8), accounts payable to Classique totaling $500,000 are subordinated to the finance company.
	The Company rents office space from a Company affiliated with the Company’s president on a month to month basis. The agreement calls for rent at $2,060 per month. Rent expense was approximately $25,000 for year ended May 31, 2014, and $12,000 for the period September 6, 2012 (Inception) to May 31, 2013.

Financing_Agreement

Financing Agreement	12 Months Ended
	31-May-14
Financing Agreement [Abstract]	'
Financing Agreement	'
	NOTE 8 - Financing Agreement
	On September 30, 2013 the Company entered into an Account Receivable Financing Agreement with Rosenthal & Rosenthal, Inc. (“Rosenthal”) pursuant to which Rosenthal shall provide the Company with a line of credit up to $1,000,000. On May 23, 2014, this Accounts Receivable Financing Agreement was amended to increase the line of credit up to a maximum of $1,500,000. Loans made under the Accounts Receivable Financing Agreement bear interest at prime rate plus 3.5% (for an effective average rate of 7.5% for the year ended May 31, 2014) and are subject to certain financial covenants. As security for these loans, Rosenthal has placed liens on the Company’s accounts receivable, inventories, and all other assets. In addition, the loans have been personally guaranteed by Yitzchok Gurary, and his parents, Mordechai Gurary and Leah Gurary. In addition, the Company has granted Rosenthal a Landlord Subordination agreement.
	The Accounts Receivable Financing Agreement calls for the subordination of certain of the Company’s debt as follows:
	Accounts Payable – Classique Creations, LLC	$	500,000
	Demand Loans Payable – Yitzchok Gurary	$	359,632
	In connection with the Accounts Receivable Finance Agreement, the Company has borrowed $826,000 net as of May 31, 2014. Total draws and repayments for the year ended May 31, 2014 totaled $4.0 million and $3.2 million, respectively. The Accounts Receivable Financing Agreement expires September 30, 2015.

Stockholders_Equity

Stockholders' Equity	12 Months Ended
	31-May-14
Equity [Abstract]	'
Preferred Stock	'
	NOTE 9 - Stockholders’ Equity
	On September 19, 2012, the Company issued 10,000,000 shares of common stock to its founders for consideration of $1,000.
	In March 2013, the Company closed on a private offering of its common stock. Pursuant to this offering, the Company offered a minimum of $250,000 and a maximum of 750,000 shares of common stock at $2.00 per share. The Company sold 353,750 shares for gross proceeds of $707,500. Expenses of the offering amounted to $21,898 and the Company netted $685,602.
	On July 26, 2013 the Company entered into a three year consulting agreement with Sands Point Associates, LLC and its CEO, Robert McMullan.  Pursuant to this consulting agreement, the compensation for the first year was to be $125,000, the second year was $200,000 and the third year was $200,000.  The agreement called for the Company to issue Mr. McMullan an aggregate of 500,000 shares of common stock of which 50,000 shares vested upon the commencement and 450,000 shares shall be subject to quarterly vesting over three years while the agreement is in full force and effect.   This consulting agreement could be terminated by either party, with or without cause, upon thirty days written notice.  The Company recorded consulting fee expense of $226,900 for the year ended May 31, 2014 of which $100,000 was in connection with the 50,000 shares vested.  Additionally the Company issued 37,500 shares which were vested at $2 per share at November 1, 2013 for $75,000.  On December 3, 2013, Sands Point Associates, LLC notified the Company of its intent to terminate this consulting agreement pursuant to the terms of the consulting agreement and the termination took effect January 2, 2014.  There is no additional compensation due Sands Point Associates, LLC.
	On October 9, 2013 the Company entered into a four month consultant agreement with a consultant.  The consultant agreement calls for the issuance of 25,000 shares of the Company’s common stock as compensation.  The shares are to be issued and registered under a Form S-8 Registration on May 2, 2012. The Company issued 25,000 shares valued at $50,000 in connection with this agreement.
	The Company’s Board of Directors may issue shares of preferred stock in series and at the time of issuance, determine the rights, preferences and limitation of each series. The holders of preferred stock may be entitled to receive a preference payment in the event of any liquidation, dissolution or winding-up of the Company before any payment is made to the holders of the common stock. Furthermore, the board of directors could issue preferred stock with voting and other rights that could adversely affect the voting power of the holders of the common stock.

Major_Suppliers_and_Customers

Major Suppliers and Customers	12 Months Ended
	31-May-14
Major Suppliers [Abstract]	'
Major Suppliers	'
	NOTE 10 - Major Suppliers and Customers
	During the year ended May 31, 2014, the Company purchased approximately $2.7 million (approximately 63%) of its merchandise from one manufacturer that is a related party (see Note 7).
	In addition, the Company purchased merchandise from one vendor which amounted to approximately 35% of total purchases during the year ended May 31, 2014.
	Our three largest customers frequently vary from period to period. For the year ended May 31, 2014, our three largest customers accounted for approximately 16% of our total revenues. For the period September 6, 2012 (inception) to May 31, 2013, our three largest customers accounted for approximately 28% of our total revenues.

Income_Taxes

Income Taxes	12 Months Ended
	31-May-14
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	NOTE 11 - Income Taxes
	Income tax provision consists of the following:
					Period
					September 6,
					2012
		Year Ended			(Inception) to
		May 31, 2014			May 31, 2013
	Current:
	Federal	$	—		$	28,100
	State and Local		1,500			8,500
			1,500			36,600
	Deferred:
	Federal (Benefit)		-61,568			-7,000
	State and Local (Benefit)		-10,772			-6,500
			-72,340			-13,500
		$	-70,840		$	23,100
	Deferred tax assets consist of the following:
		May 31, 2014			May 31, 2013
	Reserves	$	38,540		$	13,500
	Accrued Compensation		47,200			—
	Net Operating Losses, less valuation allowance of $8,740 in 2014		—			—
		$	85,740		$	13,500
	The federal statutory income tax rate is reconciled to the effective rate as follows:
		Year Ended			Period
		May 31,			September 6,
		2014			2012
					(Inception) to
					May 31, 2013
	Tax provision at Federal Statutory rate		-34	%		34	%
	State and local income taxes, net of federal tax benefit		—			5.1
	Stock issued for services		16.1			—
	Other		-7.2			—
	Accrued Compensation		10.7
	Change in Valuation Allowance		5.8
	Reserves		8.6			-18.2
	Tax provision at Federal Statutory rate		0	%		20.9	%
	The Company has available net operating loss carryforwards (“NOL”) as of May 31, 2014 of approximately $21,000, expiring in 2034 to reduce future federal taxable income.

Subsequent_Events

Subsequent Events	12 Months Ended
	31-May-14
Subsequent Events [Abstract]	'
Subsequent Events	'
	Note 12 - Subsequent Events
	On August 4, 2014 the Company issued 10,604 shares of common stock at a price per share of $3.10 for marketing services rendered during the year ended May 31, 2014. This amount is shown as Common Stock to be Issued on the Company’s May 31, 2014 Balance Sheet and is reflected in professional and consulting fees in the Company’s  Statement of Operations for the year ended May 31, 2014.
	On August 18, 2014 and August 25, 2014 the Company issued $250,000 and $150,000, respectively, of unsecured, subordinated notes bearing 11% interest with 285 detachable and freely transferable warrants per $1,000 face value Note. The notes are due on the second anniversary of their issue date with warrants exercisable within ten years from their issue date at an exercise price of $3.50. The notes issued on August 25, 2014 are to an entity controlled by the brother of the Company’s president.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	31-May-14
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization and Basis of Presentation	'
	Organization and Basis of Presentation
	Maiden Lane Jewelry, Ltd., formerly Romantique Ltd., (“the Company”) was incorporated on September 6, 2012 under the laws of the State of New York.  The Company is a wholesaler and manufacturer of jewelry including pendants, bracelets and earrings.  We began operations on October 1, 2012 by selling fashion rings, pendants, earrings and bracelets to independent retailers. In December 2012, we commenced a line of bridal (engagement) rings, featuring both settings and diamonds. In February 2014 we began focusing on bridal jewelry featuring uniquely cut stones which in May 2014 we branded as an Aspiri cut diamond.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents
	The Company considers all highly-liquid investments purchased with a maturity of three months or less to be cash equivalents.  As of May 31, 2014 and 2013, the Company did not have any cash equivalents.
Inventories	'
	Inventories
	Raw materials are stated at the lower of cost or market, with cost determined by specific identification for unique items (such as diamond stones, each with a particular carat weight, color, clarity and cut) and using the first-in, first-out method for generic items or styles (certain semi-mounts and fashion jewelry). Finished goods which we fabricate are stated at the lower of cost or market, with cost determined by specific identification for each component making up the item plus direct labor and other fees (primarily diamond certification).
Property and Equipment	'
	Property and Equipment
	Property and equipment is carried at cost less accumulated depreciation.  Depreciation is computed by the straight-line method over the estimated useful lives of the related assets, which is five years.
Revenue Recognition	'
	Revenue Recognition
	For revenue from product sales, the Company recognizes revenue in accordance with Staff Accounting Bulletin No. 104, “Revenue Recognition” (SAB No. 104), which superseded Staff Accounting Bulletin No. 101, “Revenue Recognition in Financial Statements” (SAB No. 101).  SAB No. 104 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured.  Determination of criteria (3) and (4) are based on management’s judgment regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts.  Provisions for discounts and rebates to customers, estimated returns and allowance, and other adjustments are provided for in the same period the related sales are recorded. Provision for sales returns and allowances that were netted against sales amounted to $201,000 for the year ended May 31, 2014 and $19,000 for the period September 6, 2012 (inception) to May 31, 2013.
Concentration Risk Credit Risk	'
	Concentration of Credit Risks
	The Company primarily sells its products to retail jewelers focused on mid-to-high end consumers. Customers typically receive payment terms of ratable monthly payments over 90 to 120 days with exceptions based on credit quality or other terms and conditions.  As a results, the Company is exposed to credit risk on its accounts receivable. The Company generally seeks to mitigate such risk by performing credit checks through jeweler trade associations it is a members of, by attending trade shows which selectively invite retailer attendees based on their credit worthiness and by checking references with other jewelers in the industry.
	Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash and cash equivalents. The Company maintains cash balances at financial institutions which exceed the current Federal Deposit Insurance Corporation (“FDIC”) limit of $250,000 at times during the year.
Sales	'
	Sales
	The Company’s sales are comprised of primarily three major products: Aspiri Cut Rings, Complete Rings and Fashion Jewelry. The Company may also on occasion sell loose stone inventory.
	A breakdown of sales for the year ended May 31, 2014 and the period September 6, 2012 (inception) through May 31, 2013 follows:
		Year Ended				September 6,
		May 31,				2013
		2014				(inception) to
						May 31,
						2013
	Aspiri Cut Rings			17	%			—
	Complete Rings (not Aspiri)			45	%			18	%
	Fashion Jewelry & Other			38	%			82	%
	A breakdown of sales for the three months ended May 31, 2014 and 2013follows:
		Three				Three
		Months				Months
		Ended				Ended
		May 31,				May 31,
		2014				2013
	Aspiri Cut Rings			97	%			—
	Complete Rings (not Aspiri)			-17	%			75	%
	Fashion Jewelry & Other			20	%			25	%
	The three months ended May 31, 2014 had returns of Complete Rings that were not Aspiri Cut Rings as some customers substituted such rings for Aspiri Cut Rings.
Advertising Costs	'
	Advertising Costs
	Advertising and show costs are charged to operations when incurred.  Advertising costs during the year ended May 31, 2014 was $109,000.  Advertising costs incurred during the period September 6, 2012 (inception) through May 31, 2013 was $485.
Deferred Income Taxes	'
	Deferred Income Taxes
	The Company accounts for deferred income taxes using the asset and liability method, the objective of which is to establish deferred tax assets and liabilities for the temporary differences between the financial reporting and the tax bases of the Company’s assets and liabilities at enacted tax rates expected to be in effect when such amounts are realized or settled.  A valuation allowance related to deferred tax assets is recorded when it is more likely than not that some portion or all of the deferred tax assets will not be realized.
Net Income (Loss) Per Share	'
	Net Income (Loss) Per Share
	Basic earnings (loss) per common share is computed by dividing net income (loss) by the weighted average number of common shares outstanding. Diluted earnings per common share is computed by dividing net income by the weighted average number of common shares and dilutive common share equivalents and convertible securities then outstanding.
	The following provides a reconciliation of the shares used in calculating the per share amounts for the periods presented:
						Period
						September 6,
						2012
			Year Ended			(Inception)
			May 31,			to
			2014			May 31, 2013
	Numerator:
	Net Income (Loss)		$	-355,860		$	87,282
	Denominator:
	Basic weighted-average shares			10,403,031			10,108,206
	Effect of dilutive securities:
	Convertible Debt2			—	1		33,213
	Diluted weighted-average shares			10,403,031			10,141,419
	Per Share Income (Loss):
	Basic		$	-0.03		$	0.01
	Diluted		$	-0.03		$	0.01
	1 Convertible debt for the year ended May 31, 2014 is not included in the computation of diluted weighted average shares as such inclusion would be anti-dilutive.
	2 Convertible debt is convertible into 37,000 shares of common stock.
Accounting Estimates	'
	Accounting Estimates
	The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the 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.  Management uses its best judgment in valuing these estimates, and may, as warranted, solicit external professional advice and other assumptions believed to be reasonable.
Fair Value Measurements	'
	Fair Value Measurements
	The authoritative guidance for fair value measurements defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or the most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.  Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact, and (iv) willing to transact.  The guidance describes a fair value hierarchy based on the levels of inputs, or which the first two are considered observable and the last unobservable, that may be used to measure fair value which are the following:
	Level 1:  Quoted prices in active markets for identical assets or liabilities.
	Level 2:  Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active, or other inputs that are observable or corroborated by observable market data or substantially the full term of the assets or liabilities.
	Level 3:  Unobservable inputs that are supported by little or no market activity and that are significant to the value of the assets or liabilities.
	The Company's financial instruments include cash and cash equivalents, accounts receivable and accounts payable.  These items are determined to be a Level 1 fair value measurement.
	The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable, accrued expenses, and loans payable approximates fair value because of the short maturity of these instruments.  The recorded value of long-term debt approximates its fair value as the terms and rates approximate market rates.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	Management does not believe there would have been a material effect on the accompanying financial statements had any recently issued, but not yet effective, accounting standards been adopted in the current period.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	31-May-14
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Reconciliation of Revenue from Segments to Consolidated	'
	A breakdown of sales for the year ended May 31, 2014 and the period September 6, 2012 (inception) through May 31, 2013 follows:
		Year Ended			September 6,
		May 31,			2013
		2014			(inception) to
					May 31,
					2013
	Aspiri Cut Rings		17	%		—
	Complete Rings (not Aspiri)		45	%		18	%
	Fashion Jewelry & Other		38	%		82	%
	A breakdown of sales for the three months ended May 31, 2014 and 2013follows:
		Three			Three
		Months			Months
		Ended			Ended
		May 31,			May 31,
		2014			2013
	Aspiri Cut Rings		97	%		—
	Complete Rings (not Aspiri)		-17	%		75	%
	Fashion Jewelry & Other		20	%		25	%
Schedule of reconciliation of the shares used in calculating the per share amounts	'
	The following provides a reconciliation of the shares used in calculating the per share amounts for the periods presented:
						Period
						September 6,
						2012
			Year Ended			(Inception)
			May 31,			to
			2014			May 31, 2013
	Numerator:
	Net Income (Loss)		$	-355,860		$	87,282
	Denominator:
	Basic weighted-average shares			10,403,031			10,108,206
	Effect of dilutive securities:
	Convertible Debt2			—	1		33,213
	Diluted weighted-average shares			10,403,031			10,141,419
	Per Share Income (Loss):
	Basic		$	-0.03		$	0.01
	Diluted		$	-0.03		$	0.01
	1 Convertible debt for the year ended May 31, 2014 is not included in the computation of diluted weighted average shares as such inclusion would be anti-dilutive.
	2 Convertible debt is convertible into 37,000 shares of common stock.

Inventories_Tables

Inventories (Tables)	12 Months Ended
	31-May-14
Inventory Disclosure [Abstract]	'
Schedule of Inventories	'
	Inventories consist of the components:
		May 31, 2014		May 31, 2013
	Raw Materials	$	257,598	$	1,508,981
	Finished Goods		1,837,331		280,413
	Total Inventory	$	2,094,929	$	1,789,394

Property_and_Equipment_Tables

Property and Equipment (Tables)	12 Months Ended
	31-May-14
Property, Plant and Equipment [Abstract]	'
Schedule of property and equipment	'
	Property and equipment consists of the following:
		May 31, 2014		May 31, 2013
	Office Equipment	$	9,271	$	6,916
	Computers		4,808		4,808
			14,079		11,724
	Less: Accumulated Depreciation		4,028		757
		$	10,051	$	10,967

Convertible_Note_Payable_Relat1

Convertible Note Payable - Related Party (Tables)	12 Months Ended
	31-May-14
Debt Disclosure [Abstract]	'
Schedule of Convertible note payable	'
	Convertible note payable to the Company’s president is summarized as follows:
		May 31, 2014		May 31, 2013
	Note Payable, bearing interest at 4% per annum, and due December 31, 2015. The note is Convertible into shares of the Company’s Common stock at a conversion rate of $2 per share, subject to adjustment upon the occurrence of certain events including stock dividends, stock split or combinations and reclassifications.	$	74,000	$	74,000

Loans_Payable_Related_Parties_

Loans Payable - Related Parties (Tables)	12 Months Ended
	31-May-14
Loans Payable [Abstract]	'
Schedule of Loans Payable Related Party	'
	Loans payable to related parties is summarized as follows:
		May 31, 2014		May 31, 2013
	Loans payable to the Company’s President and CEO. The loans are payable on demand and non-interest bearing, and are subordinated to the factor.	$	359,632	$	—

Financing_Agreement_Tables

Financing Agreement (Tables)	12 Months Ended
	31-May-14
Financing Agreement [Abstract]	'
Schedule of Accounts Payable and Accrued Liabilities	'
	The Accounts Receivable Financing Agreement calls for the subordination of certain of the Company’s debt as follows:
	Accounts Payable – Classique Creations, LLC	$	500,000
	Demand Loans Payable – Yitzchok Gurary	$	359,632

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	31-May-14
Income Tax Disclosure [Abstract]	'
Schedule of Components of Income Tax Expense (Benefit)	'
	Income tax provision consists of the following:
					Period
					September 6,
					2012
		Year Ended			(Inception) to
		May 31, 2014			May 31, 2013
	Current:
	Federal	$	—		$	28,100
	State and Local		1,500			8,500
			1,500			36,600
	Deferred:
	Federal (Benefit)		-61,568			-7,000
	State and Local (Benefit)		-10,772			-6,500
			-72,340			-13,500
		$	-70,840		$	23,100
Schedule of Deferred Tax Assets and Liabilities	'
	Deferred tax assets consist of the following:
		May 31, 2014			May 31, 2013
	Reserves	$	38,540		$	13,500
	Accrued Compensation		47,200			—
	Net Operating Losses, less valuation allowance of $8,740 in 2014		—			—
		$	85,740		$	13,500
Schedule of Effective Income Tax Rate Reconciliation	'
	The federal statutory income tax rate is reconciled to the effective rate as follows:
		Year Ended			Period
		May 31,			September 6,
		2014			2012
					(Inception) to
					May 31, 2013
	Tax provision at Federal Statutory rate		-34	%		34	%
	State and local income taxes, net of federal tax benefit		—			5.1
	Stock issued for services		16.1			—
	Other		-7.2			—
	Accrued Compensation		10.7
	Change in Valuation Allowance		5.8
	Reserves		8.6			-18.2
	Tax provision at Federal Statutory rate		0	%		20.9	%

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details)	3 Months Ended		9 Months Ended	12 Months Ended
	31-May-14	31-May-13	31-May-13	31-May-14
Aspiri Cut Rings [Member]	'	'	'	'
Accounting Policies [Line Items]	'	'	'	'
Concentration Risk, Percentage	97.00%	0.00%	0.00%	17.00%
Complete Rings [Member]	'	'	'	'
Accounting Policies [Line Items]	'	'	'	'
Concentration Risk, Percentage	-17.00%	75.00%	18.00%	45.00%
Fashion Jewelry and Other [Member]	'	'	'	'
Accounting Policies [Line Items]	'	'	'	'
Concentration Risk, Percentage	20.00%	25.00%	82.00%	38.00%

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details 1) (USD $)	9 Months Ended		12 Months Ended
	31-May-13		31-May-14
Numerator:	'		'
Net Income (Loss)	$87,282		($355,860)
Denominator:	'		'
Basic weighted-average shares	10,108,206		10,403,031
Effect of dilutive securities:	'		'
Convertible Debt	33,213	[1]	0	[1],[2]
Diluted weighted-average shares	10,141,419		10,403,031
Per Share Income (Loss):	'		'
Basic	$0.01		($0.03)
Diluted	$0.01		($0.03)
[1]	Convertible debt is convertible into 37,000 shares of common stock.
[2]	Convertible debt for the year ended May 31, 2014 is not included in the computation of diluted weighted average shares as such inclusion would be anti-dilutive.

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Details Textual) (USD $)	9 Months Ended	12 Months Ended
	31-May-13	31-May-14
Accounting Policies [Line Items]	'	'
Property, Plant and Equipment, Useful Life	'	'5 years
Sales Returns and Allowances, Goods	$19,000	$201,000
Advertising Expense	485	109,000
Debt Conversion, Converted Instrument, Shares Issued	'	37,000
Federal Deposit Insurance Corporation Premium Expense	'	$250,000

Inventories_Details

Inventories (Details) (USD $)	31-May-14	31-May-13
Inventory [Line Items]	'	'
Raw Materials	$257,598	$1,508,981
Finished Goods	1,837,331	280,413
Total Inventory	$2,094,929	$1,789,394

Property_and_Equipment_Details

Property and Equipment (Details) (USD $)	31-May-14	31-May-13
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	$14,079	$11,724
Less: Accumulated Depreciation	4,028	757
Property Plant And Equipment, Net	10,051	10,967
Office Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	9,271	6,916
Computer Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	$4,808	$4,808

Property_and_Equipment_Details1

Property and Equipment (Details Textual) (USD $)	9 Months Ended	12 Months Ended
	31-May-13	31-May-14
Property, Plant and Equipment [Line Items]	'	'
Depreciation	$757	$3,300

Convertible_Note_Payable_Relat2

Convertible Note Payable - Related Party (Details) (USD $)	31-May-14	31-May-13
Short-term Debt [Line Items]	'	'
Note Payable, bearing interest at 4% per annum, and due December 31, 2015. The note is Convertible into shares of the Companybs Common stock at a conversion rate of $2 per share, subject to adjustment upon the occurrence of certain events including stock dividends, stock split or combinations and reclassifications.	$74,000	$74,000

Convertible_Note_Payable_Relat3

Convertible Note Payable - Related Party (Details Textual) (Convertible Notes Payable [Member], USD $)	12 Months Ended
	31-May-14
Convertible Notes Payable [Member]	'
Short-term Debt [Line Items]	'
Debt Instrument, Interest Rate, Effective Percentage	4.00%
Debt Instrument, Maturity Date	31-Dec-15
Debt Instrument, Convertible, Conversion Price	$2

Loans_Payable_Related_Parties_1

Loans Payable - Related Parties (Details) (USD $)	31-May-14	31-May-13
Related Party Transaction [Line Items]	'	'
Due to Related Parties, Current	$359,632	$0
President [Member]	'	'
Related Party Transaction [Line Items]	'	'
Due to Related Parties, Current	$359,632	$0

Loans_Payable_Related_Parties_2

Loans Payable - Related Parties (Details Textual) (USD $)	31-May-14
Related Party Transaction [Line Items]	'
Notes Payable, Related Parties	$210,000

Related_Party_Transactions_Det

Related Party Transactions (Details Textual) (USD $)	9 Months Ended	12 Months Ended
	31-May-13	31-May-14	Jul. 26, 2013
Related Party Transaction [Line Items]	'	'	'
Accrued Professional Fees, Current	'	'	$226,900
Related Party Cash Payment Term Minimum	'	'one month	'
Operating Leases, Rent Expense	'	2,060	'
Rent expense	12,000	25,000	'
Due to Related Parties, Current	0	359,632	'
Professional Fees	56,504	658,661	'
Related Party Cash Payment Term Maximum	'	'twelve  months	'
Classique Creations LLC [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Accounts Payable, Related Parties, Current	656,000	1.5	'
Due to Related Parties, Current	'	500,000	'
Percentage Of Merchandise Purchased From Related Party	'	63.00%	'
Issac Gurary [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Consulting Agreement Period	'1 year	'	'
Percentage of Sales Revenue	3.00%	'	'
Accrued Professional Fees, Current	65,000	'	'
Professional Fees	$104,000	'	'

Financing_Agreement_Details

Financing Agreement (Details) (Accounts Receivable Financing Agreement [Member], USD $)	31-May-14
Accounts Receivable Financing Agreement [Member]	'
Subordinated Borrowing [Line Items]	'
Accounts Payable - Classique Creations, LLC	$500,000
Demand Loans Payable - Yitzchok Gurary	$359,632

Financing_Agreement_Details_Te

Financing Agreement (Details Textual) (USD $)	9 Months Ended	12 Months Ended		12 Months Ended
	31-May-13	31-May-14	23-May-14	31-May-14	Sep. 30, 2013
				Accounts Receivable Financing Agreement [Member]	Accounts Receivable Financing Agreement [Member]
Subordinated Borrowing [Line Items]	'	'	'	'	'
Line Of Credit	'	'	'	$826,000	$1,000,000
Line of Credit Facility, Maximum Borrowing Capacity	'	'	1,500,000	'	'
Debt Instrument, Maturity Date	'	'	'	30-Sep-15	'
Proceeds from Loans Payable - Factor	0	3,990,500	'	'	'
Repayments of Notes Payable	$0	$3,164,216	'	'	'
Debt Instrument, Basis Spread on Variable Rate	'	3.50%	'	'	'
Debt Instrument, Interest Rate During Period	'	7.50%	'	'	'

Stockholders_Equity_Details_Te

Stockholders' Equity (Details Textual) (USD $)

1 Months Ended

9 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

1 Months Ended

1 Months Ended

9 Months Ended

12 Months Ended

1 Months Ended

Nov. 30, 2013

Oct. 31, 2013

Jul. 31, 2013

31-May-13

31-May-14

Nov. 01, 2013

Jul. 26, 2013

31-May-14

Mar. 31, 2013

31-May-14

Jul. 31, 2013

Jul. 26, 2013

Oct. 31, 2013

31-May-13

31-May-14

Mar. 31, 2013

Mar. 31, 2013

Mar. 31, 2013

Sands Point Associates [Member]

Sands Point Associates [Member]

Sands Point Associates [Member]

Robert McMullan [Member]

Robert McMullan [Member]

Common Stock [Member]

Common Stock [Member]

Common Stock [Member]

Common Stock [Member]

Common Stock [Member]

Common Stock [Member]

Scenario, Forecast [Member]

Private Placement [Member]

Private Placement [Member]

Private Placement [Member]

Maximum [Member]

Minimum [Member]

Class of Stock [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock Issued During Period, Shares, Issued for Services

37,500

'

'

'

'

'

'

'

'

'

500,000

'

'

10,000,000

112,500

'

'

'

Stock Issued During Period, Value, Issued for Services

'

'

'

$0

$225,000

'

'

'

'

'

'

'

'

$1,000

$12

'

'

'

Stock Issued During Period, Value, Other

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

250,000

Stock Issued During Period, Shares, Other

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

353,750

750,000

'

Shares Issued, Price Per Share

'

'

'

'

'

$2

'

'

'

'

'

'

'

'

'

$2

'

'

Proceeds from Issuance or Sale of Equity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

707,500

'

'

Payments of Stock Issuance Costs

'

'

'

21,898

15,000

'

'

'

'

'

'

'

'

'

'

21,898

'

'

Proceeds from Issuance of Common Stock

'

'

'

708,500

0

'

'

'

'

'

'

'

'

'

'

685,602

'

'

Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures

'

25,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accrued Professional Fees, Current

'

'

'

'

'

'

226,900

'

125,000

'

'

'

'

'

'

'

'

'

Professional Fees

'

'

'

56,504

658,661

'

'

200,000

'

200,000

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Number

'

'

'

'

'

'

'

'

'

'

'

50,000

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number

'

'

'

'

'

'

'

'

'

'

'

450,000

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

'

'

'3 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost

'

'

'

'

100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures

$75,000

'

'

'

'

'

'

'

'

'

'

'

$50,000

'

'

'

'

'

Major_Suppliers_and_Customers_

Major Suppliers and Customers (Details Textual) (USD $)	9 Months Ended	12 Months Ended
In Millions, unless otherwise specified	31-May-13	31-May-14
Sales Revenue, Net [Member] | Three Largest Customers [Member]	'	'
Major Suppliers [Line Items]	'	'
Concentration Risk, Percentage	28.00%	16.00%
Classique Creations LLC [Member]	'	'
Major Suppliers [Line Items]	'	'
Percentage Of Merchandise Purchased From Related Party	'	63.00%
Payments to Suppliers	'	2.7
Vendor [Member]	'	'
Major Suppliers [Line Items]	'	'
Percentage Of Merchandise Purchased From Related Party	'	35.00%

Income_Taxes_Details

Income Taxes (Details) (USD $)	9 Months Ended	12 Months Ended
	31-May-13	31-May-14
Current:	'	'
Federal	$28,100	$0
State and Local	8,500	1,500
Income tax provision, Current	36,600	1,500
Deferred:	'	'
Federal (Benefit)	-7,000	-61,568
State and Local (Benefit)	-6,500	-10,772
Income tax provision, Deferred	-13,500	-72,340
Income tax provision, Total	$23,100	($70,840)

Income_Taxes_Details_1

Income Taxes (Details 1) (USD $)	31-May-14	31-May-13
Summary of deferred tax assets	'	'
Reserves	$38,540	$13,500
Accrued Compensation	47,200	0
Net Operating Losses, less valuation allowance of $8,740 in 2014	0	0
Deferred tax assets, Total	$85,740	$13,500

Income_Taxes_Details_2

Income Taxes (Details 2)	9 Months Ended	12 Months Ended
	31-May-13	31-May-14
Summary of federal statutory income tax rate is reconciled to the effective rate	'	'
Tax provision at Federal Statutory rate	34.00%	-34.00%
State and local income taxes, net of federal tax benefit	5.10%	0.00%
Stock issued for services	0.00%	16.10%
Other	0.00%	-7.20%
Accrued Compensation	'	10.70%
Change in Valuation Allowance	'	5.80%
Reserves	-18.20%	8.60%
Tax provision at Federal Statutory rate	20.90%	0.00%

Income_Taxes_Details_Textual

Income Taxes (Details Textual) (USD $)	12 Months Ended
	31-May-14
Income Tax Disclosure [Line Items]	'
Operating Loss Carryforwards	$21,000
Operating Loss Carryforwards Expiration Period	'2034 years
Deferred Tax Assets, Valuation Allowance	$8,740

Subsequent_Events_Details_Text

Subsequent Events (Details Textual) (USD $)	1 Months Ended		1 Months Ended		1 Months Ended			1 Months Ended
	Nov. 30, 2013	Nov. 01, 2013	Aug. 31, 2014	Aug. 04, 2014	Aug. 31, 2014	Aug. 25, 2014	Aug. 18, 2014	Aug. 31, 2014
			Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
					Unsecured Debt [Member]	Unsecured Debt [Member]	Unsecured Debt [Member]	Warrant [Member]
								Unsecured Debt [Member]
Subsequent Event [Line Items]	'	'	'	'	'	'	'	'
Stock Issued During Period, Shares, Issued for Services	37,500	'	10,604	'	'	'	'	'
Shares Issued, Price Per Share	'	$2	'	$3.10	'	'	'	'
Long-term Debt, Gross	'	'	'	'	'	$150,000	$250,000	'
Debt Instrument, Interest Rate, Stated Percentage	'	'	'	'	'	'	11.00%	'
Debt Instrument, Convertible, Number of Equity Instruments	'	'	'	'	'	'	'	285
Debt Instrument, Face Amount	'	'	'	'	'	'	$1,000	'
Debt Instrument, Maturity Date, Description	'	'	'	'	'The notes are due on the second anniversary of their issue date	'	'	'
Warrants Exercisable Period	'	'	'	'	'ten years	'	'	'