Document_and_Entity_Informatio
Document and Entity Information (USD $) | 3 Months Ended |
Dec. 31, 2014 | |
Document And Entity Information | |
Entity Registrant Name | Cosmo Ventures Inc |
Entity Central Index Key | 1575295 |
Document Type | 10-Q |
Document Period End Date | 31-Dec-14 |
Amendment Flag | FALSE |
Current Fiscal Year End Date | -28 |
Is Entity a Well-known Seasoned Issuer? | No |
Is Entity a Voluntary Filer? | No |
Is Entity's Reporting Status Current? | No |
Entity Filer Category | Smaller Reporting Company |
Entity Public Float | $3,000,000 |
Entity Common Stock, Shares Outstanding | 13,000,000 |
Document Fiscal Period Focus | Q3 |
Document Fiscal Year Focus | 2014 |
Balance_Sheets
Balance Sheets (USD $) | Dec. 31, 2014 | Mar. 31, 2014 |
Statement of Financial Position [Abstract] | ||
Cash | $5,329 | $2,705 |
Accounts Receivable | 200 | 200 |
Total Current Assets | 5,529 | 2,905 |
Total Assets | 5,529 | 2,905 |
Current Liablities | ||
Loan Payable to Stockholders | 8,000 | 8,000 |
Accounts Payable & Accured Liablities | 0 | 2,500 |
Total Current Liabilities | 8,000 | 10,500 |
Total Liability | 8,000 | 10,500 |
Stockholders' Equity | ||
Common Stoc, $0.001 par value, 75,000,000 authorized, 13,000,000 issued and outstanding as of December 31, 2014 | 20,000 | 5,000 |
Subscription Receivable | 6,000 | 0 |
Deficit | -16,471 | -12,595 |
Total Equities | -2,471 | -7,595 |
Total Equity | -2,471 | -7,595 |
Liabilities and Equity | $5,529 | $2,905 |
Balance_Sheets_Parenthetical
Balance Sheets (Parenthetical) (USD $) | Dec. 31, 2014 | Mar. 31, 2014 |
Statement of Financial Position [Abstract] | ||
Common Stock par value | $0.00 | $0.00 |
Common Stock Authorized | 75,000,000 | 75,000,000 |
Common Stock Issued and Outstanding | 13,000,000 | 10,000,000 |
Statements_of_Operations
Statements of Operations (USD $) | 3 Months Ended | 9 Months Ended | ||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2014 | Dec. 31, 2013 | |
Revenue | ||||
General & Administrative Expenses | $923 | $1,367 | $3,376 | $2,540 |
Professional Fees | 0 | 1,540 | 500 | 5,372 |
Total Operating Expenses | 923 | 2,907 | 3,876 | 5,372 |
Net Operating Profit (Loss) | -923 | -2,907 | -3,876 | -5,372 |
Total Other Expenses | 0 | 0 | 0 | 0 |
Total Expenses | 923 | 2,907 | 3,876 | 7,912 |
Net Income (Loss) | ($923) | ($2,907) | ($3,876) | ($7,923) |
Net Loss per Common Share | $0 | $0 | $0 | $0 |
Basic and Diluted | $0 | $0 | $0 | $0 |
Weighted-Average Number of Common Shares Outstanding | 13,000,000 | 5,000,000 | 13,000,000 | 5,000,000 |
Statements_of_Cash_Flows
Statements of Cash Flows (USD $) | 9 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Cash Flows From Operating Activities | ||
New Income (Loss) | ($3,876) | ($7,912) |
Changes in Non-Cash Working Capital Items | ||
Account Receivable, Related Parties | 0 | 0 |
Accounts Payable | -2,500 | -500 |
Net Cash Used in Operating Activities | -6,376 | -8,412 |
Cash Flows from Financing Activities | ||
Shares Issued for Cash | 15,000 | 0 |
Subscription Receivable | -6,000 | 0 |
Stockholders' Loan | 0 | 8,000 |
Cash Flows Provided by Financing Activities | 9,000 | 8,000 |
Net Increase (Decrease) in Cash | 2,624 | -412 |
Cash, Beginning of Period | 2,705 | 4,675 |
Cash, End of Period | $5,329 | $4,263 |
Shareholders_Equity
Shareholders Equity (USD $) | 11 Months Ended | 12 Months Ended |
Dec. 31, 2013 | Dec. 31, 2014 | |
Common Stock Issued for Services | $0 | $5,000 |
Common Stock Issued for Cash | 5,000 | 15,000 |
Proceeds to be Received for Shares | -4,737 | 0 |
Net Loss for the Period | $2,266 | |
Balance | -4,737 | -4,737 |
Common Stock | ||
Common Stock Issued for Services | 0 | 5,000,000 |
Common Stock Issued for Cash | 5,000,000 | 3,000,000 |
Proceeds to be Received for Shares | 0 | 0 |
Net Loss for the Period | $0 | |
Balance | 5,000,000 | 5,000,000 |
Additional Paid-In Capital | ||
Common Stock Issued for Services | 0 | 5,000 |
Common Stock Issued for Cash | 5,000 | 15,000,000 |
Proceeds to be Received for Shares | 0 | -6,000 |
Net Loss for the Period | $0 | |
Balance | 5,000,000 | 5,000,000 |
Retained Earnings / Accumulated Deficit | ||
Common Stock Issued for Services | 0 | 0 |
Common Stock Issued for Cash | 0 | 0 |
Proceeds to be Received for Shares | -9,737 | 0 |
Net Loss for the Period | ($6,734) | |
Balance | ($10) | ($10) |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 3 Months Ended |
Dec. 31, 2014 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | COSMO VENTURES, INC. |
(A Development Stage Company) | |
NOTES TO FINANCIAL STATEMENTS | |
31-Dec-14 | |
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
A. Organization and General Description of Business | |
Cosmo Ventures, Inc. ("Cosmo" or the "Company") was incorporated on February 3, 2013, under the laws of the State of Nevada. The Company is in the development stage as defined under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 915, “Development Stage Entities”. The Company intends to purchase overstocked inventory items from manufacturers and retailers and offer them to the public at discounted prices. | |
B. Basis of Presentation | |
These consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. The Company’s fiscal year end is March 31. | |
Interim Financial Reporting | |
While the information presented in the accompanying interim consolidated financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows for the interim periods presented in accordance with generally accepted accounting principles in the United States of America ("GAAP"). These interim financial statements follow the same accounting policies and methods of application as used in the March 31, 2014 audited financial statements of Cosmo Ventures, Inc. (the “Company”). All adjustments are of a normal, recurring nature. Interim financial statements and the notes thereto do not contain all of the disclosures normally found in year-end audited financial statements and these Notes to Financial Statements are abbreviated and contain only certain disclosures related to the three month periods ended December 31, 2014 and 2013. It is suggested that these interim financial statements be read in conjunction with the Company’s audited financial statements and related notes for the year ended March 31, 2014 included in our Form 10-K, filed with the Securities Exchange Commission on July 15, 2014. Operating results for the nine months ended December 31, 2014 are not necessarily indicative of the results that can be expected for the year ending March 31, 2015. | |
C. Use of Estimates | |
The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates and assumptions are reviewed periodically and the effects of revisions are reflected in the consolidated financial statements in the period they are determined. | |
D. Basic and Diluted Net Income (Loss) Per Share | |
Under ASC 260, "Earnings Per Share" ("EPS"), the Company provides for the calculation of basic and diluted earnings per share. Basic EPS includes no dilution and is computed by dividing income or loss available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution of securities that could share in the earnings or losses of the entity. For the six months ended December 31, 2014 and 2013, basic and diluted loss per share are the same since the calculation of diluted per share amounts would result in an anti-dilutive calculation. | |
E. Cash and Cash Equivalents | |
The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. | |
F. Long-Lived Assets & Impairment on Oil Lease Investments | |
Under ASC Topic 360, “Property, Plant, and Equipment”, the Company is required to periodically evaluate the carrying value of long-lived assets to be held and used. ASC Topic 360 requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced for the cost of disposal. | |
G. Inventory | |
Inventories are stated at the lower of cost or market, using the average cost method. Cost includes materials related to the purchase and production of inventories. We regularly review inventory quantities on hand, future purchase commitments with our suppliers, and the estimated utility of our inventory. If our review indicates a reduction in utility below carrying value, we reduce our inventory to a new cost basis through a charge to cost of revenue. | |
H. Fair Value Measurements | |
Under ASC Topic 820, the Company discloses the estimated fair values of financial instruments. The carrying amounts reported in the balance sheet for current assets and current liabilities qualifying as financial instruments are a reasonable estimate of fair value. | |
In accordance with the reporting requirements of ASC Topic 825, Financial Instruments, the Company calculates the fair value of its assets and liabilities which qualify as financial instruments under this standard and includes this additional information in the notes to the consolidated financial statements when the fair value is different than the carrying value of those financial instruments (see Note 4). The estimated fair value of other current assets and current liabilities approximate their carrying amounts due to the relatively short maturity of these instruments. | |
None of these instruments are held for trading purposes. | |
I. Goodwill and Intangible Assets | |
Under ASC Topic 350 “Intangibles-Goodwill and Other”, goodwill is not amortized to expense, but rather that it is assessed or tested for impairment at least annually. Impairment write-downs are charged to results of operations in the period in which the impairment is determined. The Company did not identify any impairment on its outstanding goodwill from its most recent testing, which was performed as of December 31, 2014. If certain events occur which might indicate goodwill has been impaired, the goodwill is tested for impairment when such events occur. Other acquired intangible assets with finite lives, such as customer lists, are required to be amortized over the estimated lives. These intangibles are generally amortized using the straight-line method over estimated useful lives of five years. | |
The Company tests the carrying value of goodwill and indefinite life intangible assets for impairment at least once a year and more frequently if an event or circumstance indicates the asset may be impaired. An impairment loss is recognized if the amount of the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset’s fair value less selling expenses or its value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash inflows (cash generating units). | |
The Company has adopted ASU update number 2012-02—Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment whereby the Company will first assess qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that an indefinite-lived intangible asset is impaired. If, after assessing the totality of events and circumstances, we conclude that it is not more than likely than not that the indefinite-lived intangible asset is impaired, then we are not required to take further action. If the Company concludes otherwise, then we will determine the fair value of the indefinite-lived intangible asset and perform the required quantitative impairment test by comparing the fair value with the carrying amount. | |
The Company did not record an impairment loss on goodwill for the six months ended December 31, 2014. | |
J. Income Taxes | |
Under ASC Topic 740, “Income Taxes”, the Company in required to account for its income taxes through the establishment of a deferred tax asset or liability for the recognition of future deductible or taxable amounts and operating loss and tax credit carry forwards. Deferred tax expense or benefit is recognized as a result of timing differences between the recognition of assets and liabilities for book and tax purposes during the year. | |
Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Deferred tax assets are recognized for deductible temporary differences and operating loss, and tax credit carry forwards. A valuation allowance is established to reduce that deferred tax asset if it is "more likely than not" that the related tax benefits will not be realized. | |
K. Marketable Securities | |
Under ASC Topic 210; Rule 5-02.2, ‘‘Marketable Securities’’, the Company is required to measure all marketable securities at their carrying value while recognizing unrealized gains and losses as of the reporting date. | |
L. Stock-Based Compensation | |
Under ASC Topic 718, ‘‘Compensation-Stock Compensation’’, the Company is required to measure all employee share-based payments, including grants of employee stock options, using a fair-value-based method and the recording of such expense in the statements of operations. The Company has adopted ASC Topic 718 (SFAS 123R) as of September 30, 2014 and recognizes stock-based compensation expense using the modified prospective method. | |
M. Revenue Recognition | |
Revenue is recognized at the time the educational materials or online seminars are provided and billed to the customer and collection of such fee is reasonably assured. License fees and joint-venture profit sharing when evidenced by executed agreements, and other fees are recognized when earned and collection is reasonably assured. | |
N. Recent Accounting Pronouncements | |
During the nine months ended December 31, 2014 and through February 24, 2015, there were several new accounting pronouncements issued by the FASB. Each of these pronouncements, as applicable, has been or will be adopted by the Company. Management does not believe the adoption of any of these accounting pronouncements has had or will have a material impact on the Company’s financial statements. | |
O. Reclassifications | |
For comparative purposes, certain prior period consolidated financial statements have been reclassified to conform with report classifications of the current year. |
Fair_Value_Measurements_and_Di
Fair Value Measurements and Disclosure | 3 Months Ended |
Dec. 31, 2014 | |
Fair Value Disclosures [Abstract] | |
Fair Value Measurements and Disclosure | 2. FAIR VALUE MEASUREMENTS AND DISCLOSURES |
ASC Topic 820, Fair Value Measurement, establishes a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under ASC Topic 820 are described as follows: | |
Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities that the Company can access at the measurement date. | |
Inputs to the valuation methodology are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability. | |
Level 3 | |
Inputs to the valuation methodology are unobservable inputs for the asset of liability. | |
The asset or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. |
Related_Party_Transactions
Related Party Transactions | 3 Months Ended |
Dec. 31, 2014 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | 2. RELATED PARTY TRANSACTIONS |
At July 1, 2014, a total 5,000,000 common shares were acquired by Sonu Ram for services rendered to the Company as noted in the Registration Statement effective on January 16, 2013. |
Management_Discussion_and_Anal
Management Discussion and Analysis of Financial Condition and Results of Operation | 3 Months Ended | |||||
Dec. 31, 2014 | ||||||
Extractive Industries [Abstract] | ||||||
Management Discussion and Analysis of Financial Condition and Results of Operation | PART I | |||||
This Interim Report on Form 10-Q contains forward-looking statements that have been made pursuant to the provisions of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995 and concern matters that involve risks and uncertainties that could cause actual results to differ materially from historical results or from those projected in the forward-looking statements. Discussions containing forward-looking statements may be found in the material set forth under “Business,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and in other sections of this Form 10-Q. Words such as “may,” “will,” “should,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue” or similar words are intended to identify forward-looking statements, although not all forward-looking statements contain these words. Although we believe that our opinions and expectations reflected in the forward-looking statements are reasonable as of the date of this Report, we cannot guarantee future results, levels of activity, performance or achievements, and our actual results may differ substantially from the views and expectations set forth in this Interim Report on Form 10-Q. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations. | ||||||
Readers should carefully review and consider the various disclosures made by us in this Report, set forth in detail in Part I, under the heading “Risk Factors,” as well as those additional risks described in other documents we file from time to time with the Securities and Exchange Commission, which attempt to advise interested parties of the risks, uncertainties, and other factors that affect our business. We undertake no obligation to publicly release the results of any revisions to any forward-looking statements to reflect anticipated or unanticipated events or circumstances occurring after the date of such statements. | ||||||
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | ||||||
This section of this report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward-looking states are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions. | ||||||
Overview of the Company’s Business | ||||||
Forward Looking Statements | ||||||
This report on Form 10-Q contains certain forward-looking statements. All statements other than statements of historical fact are “forward-looking statements” for purposes of these provisions, including any projections of earnings, revenues, or other financial items; any statements of the plans, strategies, and objectives of management for future operation; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief; and any statement of assumptions underlying any of the foregoing. Such forward-looking statements are subject to inherent risks and uncertainties, and actual results could differ materially from those anticipated by the forward-looking statements. | ||||||
Business Overview | ||||||
Cosmo Ventures, Inc. is a new Nevada-based development stage company that plans to commence operations as an online retailer offering discounted overstocked inventory items. We will procure merchandise purchased from the surplus inventories of manufacturers and retailers throughout India. We do not intend to carry a surplus inventory nor does our business require a storage facility. We intended to offer the public access to a variety of retailers and manufacturer products under one website. | ||||||
Our mission is to provide consumers with a variety of quality products at bargain prices. We exist to attract and maintain customers, and to exceed their expectations. We will offer customers an easy to use website, mobile website, and an efficient distribution system. Merchandise being offered on our website will include bed-and-bath goods, home décor, kitchenware, furniture, watches and jewelry, apparel, electronics and computers, sporting goods, and other products. The initial region we will market our website is North America, but the Company could deliver many products to a great deal of international destinations. | ||||||
Our intended business objective for Cosmo Ventures, Inc. is: | ||||||
- | To make Cosmo an icon brand | |||||
- | To develop an effective, well placed e-commerce site for the sale of overstocked wholesale items from India | |||||
- | To offer a wide range of merchandise at reasonable prices | |||||
- | To launch a marketing campaign in a controllable and measurable market that will drive customers towards the website | |||||
- | To create an infrastructure for the fulfillment of web based sales | |||||
Liquidity and Capital Resources | ||||||
Cash Flows | ||||||
Since inception (February 3, 2013) to | ||||||
Nine months ended | December 31, | |||||
December 31, | 2014 | |||||
2014 | ||||||
Net Cash From Used in Operating Activities | $ | (6,376) | $ | $ | -16,471 | |
Net Cash Used From Sale of Common Stock | $ | 0 | $ | $ | 7,800 | |
Net Cash From Financing Activities | $ | 9,000 | $ | $ | 14,000 | |
Net Increase (Decrease) in Cash During the Period | $ | 2,624 | $ | $ | 5,329 | |
Results of Operations for the Three Months Ended December 30, 2014 | ||||||
Revenues | ||||||
Revenues for the three months ended December 31, 2014 there were $0, respectively. | ||||||
Net Loss | ||||||
For the three months ended December 31, 2014 we incurred net losses of $923, respectively. | ||||||
Expenses | ||||||
Our total expenses for the three months ended December 31, 2014 were $923 which consisted of $0 of professional fees and $923 of general and administrative expenses. Our general and administrative expenses consist of bank charges, phone and postage expenses, and other miscellaneous expenses. Since inception (February 3, 2013) to December 31, 2014, we incurred total expenses of $16,471 which consisted of $3,325 of professional fees and $13,146 of general and administrative expenses. | ||||||
Inflation | ||||||
The amounts presented in the financial statements do not provide for the effect of inflation on our operations or financial position. The net operating losses shown would be greater than reported if the effects of inflation were reflected either by charging operations with amounts that represent replacement costs or by using other inflation adjustments. | ||||||
Off-Balance Sheet Arrangements | ||||||
As of December 31, 2014, we had no off balance sheet transactions that have or are reasonably likely to have a current or future effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources. | ||||||
CONTROLS AND PROCEDURES | ||||||
Evaluation of Disclosure Controls and Procedures | ||||||
We maintain disclosure controls and procedures, as defined in Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934 (the "Exchange Act"), that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms and that such information is accumulated and communicated to our sole officer, as appropriate to allow timely decisions regarding required disclosure. We carried out an evaluation, under the supervision and with the participation of our sole officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of December 31, 2014. Based on the evaluation of these disclosure controls and procedures, our sole officer concluded that our disclosure controls and procedures are ineffective. | ||||||
Changes in internal controls | ||||||
There were no changes in our internal control over financial reporting, as defined in Rule 13a-15(f) promulgated under the Exchange Act, during the quarter ended December 31, 2014 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. |
Summary_of_Significant_Account1
Summary of Significant Accounting Policies (Policies) | 3 Months Ended |
Dec. 31, 2014 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
A. Organization and General Description of Business | |
Cosmo Ventures, Inc. ("Cosmo" or the "Company") was incorporated on February 3, 2013, under the laws of the State of Nevada. The Company is in the development stage as defined under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 915, “Development Stage Entities”. The Company intends to purchase overstocked inventory items from manufacturers and retailers and offer them to the public at discounted prices. |
Fair_Value_Measurements_and_Di1
Fair Value Measurements and Disclosure (Policies) | 3 Months Ended |
Dec. 31, 2014 | |
Fair Value Disclosures [Abstract] | |
2. FAIR VALUE MEASUREMENTS AND DISCLOSURES | 2. FAIR VALUE MEASUREMENTS AND DISCLOSURES |
ASC Topic 820, Fair Value Measurement, establishes a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under ASC Topic 820 are described as follows: | |
Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities that the Company can access at the measurement date. | |
Inputs to the valuation methodology are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability. |
Related_Party_Transactions_Pol
Related Party Transactions (Policies) | 3 Months Ended |
Dec. 31, 2014 | |
Related Party Transactions [Abstract] | |
2. RELATED PARTY TRANSACTIONS | 2. RELATED PARTY TRANSACTIONS |
At July 1, 2014, a total 5,000,000 common shares were acquired by Sonu Ram for services rendered to the Company as noted in the Registration Statement effective on January 16, 2013. |
Management_Discussion_and_Anal1
Management Discussion and Analysis of Financial Condition and Results of Operation (Policies) | 3 Months Ended |
Dec. 31, 2014 | |
Extractive Industries [Abstract] | |
Overview of the Companybs Business | Overview of the Company’s Business |
Forward Looking Statements | |
This report on Form 10-Q contains certain forward-looking statements. All statements other than statements of historical fact are “forward-looking statements” for purposes of these provisions, including any projections of earnings, revenues, or other financial items; any statements of the plans, strategies, and objectives of management for future operation; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief; and any statement of assumptions underlying any of the foregoing. Such forward-looking statements are subject to inherent risks and uncertainties, and actual results could differ materially from those anticipated by the forward-looking statements. |
Related_Party_Transactions_Det
Related Party Transactions (Details Narrative) | Dec. 31, 2014 | Mar. 31, 2014 |
Related Party Transactions [Abstract] | ||
[us-gaap:CommonStockSharesIssued] | 13,000,000 | 10,000,000 |
Management_Discussion_and_Anal2
Management Discussion and Analysis of Financial Condition and Results of Operation (Details Narrative) (USD $) | 3 Months Ended | 9 Months Ended | ||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2014 | Dec. 31, 2013 | |
Extractive Industries [Abstract] | ||||
[us-gaap:ProceedsFromIssuanceOrSaleOfEquity] | ($6,000) | $0 | ||
[us-gaap:NetIncomeLoss] | -3,876 | -7,912 | ||
[us-gaap:ProfessionalFees] | $0 | $1,540 | $500 | $5,372 |