Vortex Blockchain (VXBT) 10-Q 14 Aug 18 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jun. 30, 2018	Aug. 14, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Vortex Blockchain Technologies Inc.
Entity Central Index Key	1,577,882
Amendment Flag	false
Trading Symbol	VXBT
Current Fiscal Year End Date	--03-31
Document Fiscal Period Focus	Q1
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,019
Entity Common Stock, Shares Outstanding		21,000,000
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company

Balance Sheets

Balance Sheets - USD ($)	Jun. 30, 2018	Mar. 31, 2018
Current Assets
Cash
Prepaid expense		1,387
Total Assets		1,387
Current Liabilities
Accounts Payable and Accrued Liabilities	248,275	89,078
Accounts payable - related party	37,970	37,970
Due to Directors	76,043	71,173
Total Liabilities	362,288	198,221
Stockholders' Equity Attributable to Parent [Abstract]
Common Stock (200,000,000 shares authorized, par value 0.00001, 21,000,000 shares outstanding)	211	211
Stock to be issued	750,000	750,000
Stock receivable	(750,000)	(750,000)
Additional Paid in Capital	226,024	223,775
Accumulated deficit	(588,523)	(420,820)
Total Stockholders' Equity (Deficit)	(362,288)	(196,834)
Total Liabilities and Stockholders' Equity (Deficit)		$ 1,387

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2018	Mar. 31, 2018
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	21,000,000	21,000,000
Common stock, shares outstanding	21,000,000	21,000,000

Statements of Operations

Statements of Operations - USD ($)	3 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Operating Expenses
Legal and accounting	$ 162,559	$ 1,658
General and administrative	2,895	3,000
Total Operating Expenses	165,454	4,658
Other Expense
Imputed interest expense	2,249	1,043
Net Loss	$ (167,703)	$ (5,701)
Net Loss Per Common Share - Basic and Diluted	$ (0.03)	$ 0
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	21,000,000	21,000,000

Statements of Cash Flows

Statements of Cash Flows - USD ($)	3 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Operating Activities
Net loss	$ (167,703)	$ (5,701)
Adjustment to reconcile net loss to net cash used by operating activities:
Imputed interest	2,249	1,043
Changes in operating assets and liabilities:
Accounts payable and accrued liabilities	159,197	2,908
Shares Issued for Services
Prepaid expense	1,387
Net Cash Used in Operating Activities	(4,870)	(1,750)
Financing Activities
Proceeds from director	4,870	1,750
Net Cash Provided by Financing Activities	4,870	1,750
Increase (Decrease) in Cash	0	0
Cash - Beginning of Period
Cash - End of Period
Supplemental Disclosure of Cash Flow Information
Interest
Income taxes

Nature of Operations

Nature of Operations	3 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NATURE OF OPERATIONS	NOTE 1 – NATURE OF OPERATIONS DESCRIPTION OF BUSINESS AND HISTORY Vortex Blockchain Technologies Inc., formerly UA Granite Corporation (the "Company") was incorporated on February 14, 2013 in the State of Nevada. The Company does not have any revenues and has incurred losses since inception. Currently, the Company has no operations, has been issued a going concern opinion and relies upon the sale of our securities and loans from its sole officer and director to fund operations. GOING CONCERN These financial statements have been prepared on a going concern basis, which implies the Company will continue to meet its obligations and continue its operations for the next fiscal year. Realization value may be substantially different from carrying values as shown and these financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. As at June 30, 2018, the Company has a working capital deficiency, has not generated revenues and has accumulated losses since inception. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. These factors raise substantial doubt regarding the Company's ability to continue as a going concern.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION These 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. USE OF ESTIMATES The preparation of financial statements in accordance with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of net revenue and expenses in the reporting period. We regularly evaluate our estimates and assumptions related to the useful life and recoverability of long-lived assets, stock-based compensation and deferred income tax asset valuation allowances. We base our estimates and assumptions on current facts, historical experience and various other factors that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by us differ materially and adversely from our estimates. To the extent there are material differences between our estimates and the actual results, our future results of operations will be affected. RECLASSIFICATION The 2018 financial statements have been reclassified to conform to the 2019 presentation. CASH AND CASH EQUIVALENTS The Company considers all highly liquid instruments with original maturities of three months or less when acquired, to be cash equivalents. We had no cash equivalents at June 30, 2018 or March 31, 2018. INCOME TAXES The Company accounts for income taxes under the provisions issued by the FASB which requires recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The Company computes tax asset benefits for net operating losses carried forward. The potential benefit of net operating losses has not been recognized in these financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years. LOSS PER COMMON SHARE The Company reports net loss per share in accordance with provisions of the FASB. The provisions require dual presentation of basic and diluted loss per share. Basic net loss per share excludes the impact of common stock equivalents. Diluted net loss per share utilizes the average market price per share when applying the treasury stock method in determining common stock equivalents. As of June 30, 2018 and March 31, 2018, there were no common stock equivalents outstanding. FAIR VALUE OF FINANCIAL INSTRUMENTS Pursuant to ASC No. 820, "Fair Value Measurements and Disclosures", the Company is required to estimate the fair value of all financial instruments included on its balance sheet as of June 30, 2018 and March 31, 2018. The Company's financial instruments consist of cash. The Company considers the carrying value of such amounts in the financial statements to approximate their fair value due to the short-term nature of these financial instruments. RECENTLY ISSUED ACCOUNTING STANDARDS a) Recently Adopted Accounting Standards In June 2014, ASU guidance was issued to resolve the diversity of practice relating to the accounting for stock based performance awards that the performance target could be achieved after the employee completes the required service period. The update is effective prospectively or retrospectively for annual reporting periods beginning after December 15, 2015. The adoption of the pronouncement did not have a material effect on the Company's consolidated financial statements. In June 2014, the FASB issued ASU No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. The amendments in this Update remove the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between development stage entities and other reporting entities. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information in the statements of income, cash flows, and shareholder equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. This ASU was effective for annual periods beginning after December 15, 2014. Early adoption is permitted. Accordingly, we have elected to adopt ASU No. 2014-10 on April 1, 2015. b) Recent Accounting Pronouncements In May 2014, ASU guidance was issued related to revenue from contracts with customers. The new standard provides a five-step approach to be applied to all contracts with customers and also requires expanded disclosures about revenue recognition. The ASU is effective for annual reporting periods beginning after December 15, 2017, including interim periods and is to be retrospectively applied. Early application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is currently evaluating this guidance and the impact it will have on its consolidated financial statements. In January 2015, an ASU was issued to simplify the income statement presentation requirements in Subtopic 225-20 by eliminating the concept of extraordinary items. Extraordinary items are events and transactions that are distinguished by their unusual nature and by the infrequency of their occurrence. Eliminating the extraordinary classification simplifies income statement presentation by altogether removing the concept of extraordinary items from consideration. This ASU is effective for annual periods beginning after December 15, 2015, including interim periods within those annual periods. An entity may apply this ASU prospectively or retrospectively to all prior periods presented in the financial statements. Early adoption is permitted. The Company does not expect the amendments in this ASU to have any impact on its financial statements. In November 2015, an ASU was issued to simplify the presentation of deferred income taxes. The amendments in this ASU require that deferred tax liabilities and assets be classified as non-current in a classified balance sheet as compared to the current requirements to separate deferred tax liabilities and assets into current and non-current amounts. This ASU is effective for annual periods beginning after December 15, 2016, including interim periods within those annual periods. Earlier application is permitted. This ASU may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company is currently evaluating this guidance and the impact it will have on its financial statements. In February 2016, Topic 842, Leases was issued to replace the leases requirements in Topic 840, Leases. The main difference between previous GAAP and Topic 842 is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. A lessee should recognize in the balance sheet a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. If a lessee makes this election, it should recognize lease expense for such leases generally on a straight-line basis over the lease term. The accounting applied by a lessor is largely unchanged from that applied under previous GAAP. Topic 842 will be effective for annual reporting periods beginning after December 15, 2018, including interim periods within those annual periods and is to be retrospectively applied. Earlier application is permitted. The Company is currently evaluating this guidance and the impact it will have on its financial statements. In March 2016, an ASU was issued to reduce complexity in the accounting for employee share-based payment transactions. One of the simplifications relates to forfeitures of awards. Under current GAAP, an entity estimates the number of awards for which the requisite service period is expected to be rendered and base the accruals of compensation cost on the estimated number of awards that will vest. This ASU permits an entity to make an entity-wide accounting policy election either to estimate the number of forfeitures expected to occur or to account for forfeitures in compensation cost when they occur. This ASU is effective for annual periods beginning after December 15, 2016, including interim periods within those annual periods. Earlier application is permitted. The Company is currently evaluating this guidance and the impact it will have on its financial statements.

Income Taxes

Income Taxes	3 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 3 -INCOME TAXES Deferred income taxes arise from temporary differences resulting from income and expense items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of assets and liabilities to which they relate. Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse. The company does not have any uncertain tax positions. The Company currently has net operating loss carry forwards aggregating $586,274 (March 31, 2018: $351,260), which expire through 2030. The deferred tax asset related to the carry forwards has been fully reserved. The Company has deferred income tax assets, which have been fully reserved, as follows as of June 30, 2018: June 30, 2018 March 31, 2018 Deferred tax assets $ 123,117 $ 73,765 Valuation allowance for deferred tax assets (123,117 ) $ (73,765 ) Net deferred tax assets $ - -

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 4 – FAIR VALUE MEASUREMENTS The Company adopted ASC No. 820-10 (ASC 820-10), Fair Value Measurements. ASC 820-10 relates to financial assets and financial liabilities. ASC 820-10 defines fair value, establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (GAAP), and expands disclosures about fair value measurements. The provisions of this standard apply to other accounting pronouncements that require or permit fair value measurements and are to be applied prospectively with limited exceptions. ASC 820-10 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. This standard is now the single source in GAAP for the definition of fair value, except for the fair value of leased property as defined in SFAS 13. ASC 820-10 establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity's own assumptions, about market participant assumptions, that are developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy under ASC 820-10 are described below: • Level 1 Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. • Level 2 Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. • Level 3 Inputs that are both significant to the fair value measurement and unobservable. These inputs rely on management's own assumptions about the assumptions that market participants would use in pricing the asset or liability. (The unobservable inputs are developed based on the best information available in the circumstances and include the Company's own data.) The following presents the Company's fair value hierarchy for those assets and liabilities measured at fair value on a non-recurring basis as of June 30, 2018 and March 31, 2018: Level 1: None Level 2: None Level 3: None Total Gain (Losses): None

Related Party Transactions

Related Party Transactions	3 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 5 - RELATED PARTY TRANSACTIONS A director has advanced funds to us for our legal, audit, filing fees, general office administration and cash needs. As of June 30, 2018, the director has advanced a total of $76,043 (March 31, 2018: $71,173). $4,870 of total advanced funds were made by current director, Angel Luis Reynoso Vasquez, during the current fiscal quarter as of June 30, 2018. The remaining advanced funds of $71,173 from prior reporting periods were made from former director, Myroslav Tsapaliuk. The advances are without specific terms of repayment. Imputed interest of $1,500 and $294 was charged to additional paid in capital during the three-month period ended June 30, 2018 and June 30, 2017, respectively. A related entity has advanced funds to us for our legal, audit, filing fees, general office administration and cash needs. As of June 30, 2018, the related entity has advanced a total of $37,970 (March 31, 2018: $37,970). The advances are without specific terms of repayment. Imputed interest of $749 and $749 was charged to additional paid in capital during the three-month period ended June 30, 2018 and June 30, 2017, respectively.

Common Stock

Common Stock	3 Months Ended
	Jun. 30, 2018
Equity [Abstract]
COMMON STOCK	NOTE 6 - COMMON STOCK On February 14, 2013, the Company issued 5,000,000 common shares to Myroslav Tsapaliuk, the founder of the Company. On December 12, 2013, the Company issued 650,000 common shares in a registered offering to subscribers for total proceeds of $26,001. On March 2, 2018, the Company cancelled 5,000,000 common shares issued to Myroslav Tsapaliuk, former director of the company. The shares, originally issued to Mr. Tsapaliuk at the time of the Company's incorporation, were valued at par value, or $0.00001 per share. On March 7, 2018, the Company issued 750,000 common shares to Angel Luis Reynoso Vasquez, the President, CEO, Secretary and CFO of the Company. The shares were valued at $0.25 per share. The per share value is derived from the company's November 9, 2013 private placement, which is the last time the company sold shares for cash to an independant third party. On March 27, 2018, the Company entered into subscription agreements with accredited investors for the issuance of 50,001 shares for gross proceeds of $750,000, and the proceeds were sent diretly to Vortex Network, LLC, an Iowa limited liability company. The shares have not been issued as of June 30, 2018. The 50,001 shares are to be issued at later periods. As such, $750,000 are classified as stock receivable and stock to be issued as seperate accounts under shareholder's equity thereby netting to zero. On April 27, 2018, the Board of Directors and stockholders holding at least a majority of the outstanding shares of common stock of the Company, approved the amendment and restatement of the Company's Articles of Incorporation to change the Company's name to "Vortex Blockchain Technologies Inc." and increase the number of authorized shares of common stock from seventy-five million (75,000,000) shares to two hundred million (200,000,000) shares. The increase in authorized shares became effective as of May 15, 2018. On April 27, 2018, the Company's Board of Directors and majority stockholders approved a 15-for-1 forward stock split of all of the Company's issued and outstanding shares of common stock (the "Stock Split"). The Stock Split increased the number of the Company's issued and outstanding common stock from 1,400,000 to 21,000,000. The Stock Split and the Company's name change became effective on May 31, 2018. As of June 30, 2018, the Company has issued 21,000,000 common shares.

Letter of Intent and Promissory

Letter of Intent and Promissory Note	3 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Letter of Intent and Promissory Note	NOTE 7 – LETTER OF INTENT AND PROMISSORY NOTE On March 7, 2018, the Company entered into a Binding Letter of Intent ("LOI") with Vortex Network, LLC, an Iowa limited liability company ("Vortex"), in connection with a proposed share exchange transaction between the Company and Vortex, whereby the Company will issue 65,000,000 shares of common stock to the existing members of Vortex in exchange for all the outstanding membership interests of Vortex. Pursuant to the LOI, the Company advanced $750,000 to Vortex pursuant to the terms of a secured promissory note and security agreement dated March 7, 2018. The principal amount of the promissory note, together with accrued interest at the rate of 8.25% per annum, shall become due and payable upon maturity, which is defined as the first to occur of (a) an event of default, including, without limitation, the failure of the parties to close the share exchange 90 days from June 8, 2018, in which case the Company may declare the note due and payable, (b) the closing of the share exchange, in which case the promissory note will be cancelled as an intercompany loan, or (c) six (6) months following the date of termination of the LOI by the Company. As of June 30, 2018, the net impact to the financial statements is zero.

Subsequent Events

Subsequent Events	3 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	NOTE 8 – SUBSEQUENT EVENTS The Company has evaluated subsequent events from the balance sheet date through the date the financial statements were issued and has determined that there are no events to disclose.

Summary of Significant Accoun14

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation	BASIS OF PRESENTATION These 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.
Use of Estimates	USE OF ESTIMATES The preparation of financial statements in accordance with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of net revenue and expenses in the reporting period. We regularly evaluate our estimates and assumptions related to the useful life and recoverability of long-lived assets, stock-based compensation and deferred income tax asset valuation allowances. We base our estimates and assumptions on current facts, historical experience and various other factors that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by us differ materially and adversely from our estimates. To the extent there are material differences between our estimates and the actual results, our future results of operations will be affected.
Reclassification	RECLASSIFICATION The 2018 financial statements have been reclassified to conform to the 2019 presentation.
Cash and Cash Equivalents	CASH AND CASH EQUIVALENTS The Company considers all highly liquid instruments with original maturities of three months or less when acquired, to be cash equivalents. We had no cash equivalents at June 30, 2018 or March 31, 2018.
Income Taxes	INCOME TAXES The Company accounts for income taxes under the provisions issued by the FASB which requires recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The Company computes tax asset benefits for net operating losses carried forward. The potential benefit of net operating losses has not been recognized in these financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years.
Loss Per Common Share	LOSS PER COMMON SHARE The Company reports net loss per share in accordance with provisions of the FASB. The provisions require dual presentation of basic and diluted loss per share. Basic net loss per share excludes the impact of common stock equivalents. Diluted net loss per share utilizes the average market price per share when applying the treasury stock method in determining common stock equivalents. As of June 30, 2018 and March 31, 2018, there were no common stock equivalents outstanding.
Fair Value of Financial Instruments	FAIR VALUE OF FINANCIAL INSTRUMENTS Pursuant to ASC No. 820, "Fair Value Measurements and Disclosures", the Company is required to estimate the fair value of all financial instruments included on its balance sheets as of June 30, 2018 and March 31, 2018. The Company's financial instruments consist of cash. The Company considers the carrying value of such amounts in the financial statements to approximate their fair value due to the short-term nature of these financial instruments.
Recently Issued Accounting Standards	RECENTLY ISSUED ACCOUNTING STANDARDS a) Recently Adopted Accounting Standards In June 2014, ASU guidance was issued to resolve the diversity of practice relating to the accounting for stock based performance awards that the performance target could be achieved after the employee completes the required service period. The update is effective prospectively or retrospectively for annual reporting periods beginning after December 15, 2015. The adoption of the pronouncement did not have a material effect on the Company's consolidated financial statements. In June 2014, the FASB issued ASU No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. The amendments in this Update remove the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between development stage entities and other reporting entities. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information in the statements of income, cash flows, and shareholder equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. This ASU was effective for annual periods beginning after December 15, 2014. Early adoption is permitted. Accordingly, we have elected to adopt ASU No. 2014-10 on April 1, 2015. b) Recent Accounting Pronouncements In May 2014, ASU guidance was issued related to revenue from contracts with customers. The new standard provides a five-step approach to be applied to all contracts with customers and also requires expanded disclosures about revenue recognition. The ASU is effective for annual reporting periods beginning after December 15, 2017, including interim periods and is to be retrospectively applied. Early application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is currently evaluating this guidance and the impact it will have on its consolidated financial statements. In January 2015, an ASU was issued to simplify the income statement presentation requirements in Subtopic 225-20 by eliminating the concept of extraordinary items. Extraordinary items are events and transactions that are distinguished by their unusual nature and by the infrequency of their occurrence. Eliminating the extraordinary classification simplifies income statement presentation by altogether removing the concept of extraordinary items from consideration. This ASU is effective for annual periods beginning after December 15, 2015, including interim periods within those annual periods. An entity may apply this ASU prospectively or retrospectively to all prior periods presented in the financial statements. Early adoption is permitted. The Company does not expect the amendments in this ASU to have any impact on its financial statements. In November 2015, an ASU was issued to simplify the presentation of deferred income taxes. The amendments in this ASU require that deferred tax liabilities and assets be classified as non-current in a classified balance sheet as compared to the current requirements to separate deferred tax liabilities and assets into current and non-current amounts. This ASU is effective for annual periods beginning after December 15, 2016, including interim periods within those annual periods. Earlier application is permitted. This ASU may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company is currently evaluating this guidance and the impact it will have on its financial statements. In February 2016, Topic 842, Leases was issued to replace the leases requirements in Topic 840, Leases. The main difference between previous GAAP and Topic 842 is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. A lessee should recognize in the balance sheet a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. If a lessee makes this election, it should recognize lease expense for such leases generally on a straight-line basis over the lease term. The accounting applied by a lessor is largely unchanged from that applied under previous GAAP. Topic 842 will be effective for annual reporting periods beginning after December 15, 2018, including interim periods within those annual periods and is to be retrospectively applied. Earlier application is permitted. The Company is currently evaluating this guidance and the impact it will have on its financial statements. In March 2016, an ASU was issued to reduce complexity in the accounting for employee share-based payment transactions. One of the simplifications relates to forfeitures of awards. Under current GAAP, an entity estimates the number of awards for which the requisite service period is expected to be rendered and base the accruals of compensation cost on the estimated number of awards that will vest. This ASU permits an entity to make an entity-wide accounting policy election either to estimate the number of forfeitures expected to occur or to account for forfeitures in compensation cost when they occur. This ASU is effective for annual periods beginning after December 15, 2016, including interim periods within those annual periods. Earlier application is permitted. The Company is currently evaluating this guidance and the impact it will have on its financial statements.

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Schedule of deferred income tax assets	June 30, 2018 March 31, 2018 Deferred tax assets $ 123,117 $ 73,765 Valuation allowance for deferred tax assets (123,117 ) $ (73,765 ) Net deferred tax assets $ - -

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
Schedule of fair value assets and liabilities measured on non-recurring basis	Level 1: None Level 2: None Level 3: None Total Gain (Losses): None

Income Taxes (Details)

Income Taxes (Details) - USD ($)	Jun. 30, 2018	Mar. 31, 2018
Components of deferred income tax assets
Deferred tax assets	$ 123,117	$ 73,765
Valuation allowance for deferred tax assets	(123,117)	(73,765)
Net deferred tax assets

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($)	3 Months Ended
	Jun. 30, 2018	Mar. 31, 2018
Income Taxes (Textual)
Net operating loss carry forwards	$ 586,274	$ 351,260
Operating loss expire date	Mar. 31, 2030

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	Jun. 30, 2018	Jun. 30, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Gain (Losses)
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Gain (Losses)
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Gain (Losses)
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Gain (Losses)

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Mar. 31, 2018
Related Party Transactions (Textual)
Due to directors advance	$ 76,043		$ 71,173
Related entity advance	37,970		$ 37,970
Amounts advanced by Angel Luis Reynoso Vasquez	4,870
Amounts advanced by Myroslav Tsapaliuk	71,173
Director [Member]
Related Party Transactions (Textual)
Related party imputed interest	1,500	$ 294
Affiliated Entity [Member]
Related Party Transactions (Textual)
Related party imputed interest	$ 749	$ 749

Common Stock (Details)

Common Stock (Details) - USD ($)	Dec. 12, 2013	Feb. 14, 2013	Jun. 30, 2018	Apr. 27, 2018	Mar. 31, 2018	Mar. 27, 2018	Mar. 07, 2018	Mar. 02, 2018
Common Stock (Textual)
Common stock shares issued	650,000
Proceeds from issuance of common shares	$ 26,001
Common shares issued			21,000,000		21,000,000
Common shares outstanding			21,000,000		21,000,000
Shares cancelled								5,000,000
Par value, cancelled shares								$ 0.00001
Shares issued to President and CEO							750,000
Shares issued to President and CEO, price per share							$ 0.25
Shares subcribed but unissued						50,001
Gross proceeds classified as stock receivable						750,000
Authorized Capital Before Increase				75,000,000
Authorized Capital After Increase				200,000,000
Forward Stock Split Ratio			15-for-1
Common shares outstanding before forward split				1,400,000
Common shares outstanding after forward split				21,000,000
Chief Executive Officer [Member]
Common Stock (Textual)
Common stock shares issued		5,000,000

Letter of Intent and Promisso22

Letter of Intent and Promissory Note (Details Narrative) - USD ($)	1 Months Ended
	Jun. 30, 2018	Mar. 07, 2018
Letter of Intent - Vortex Network, LLC
Shares to be issued for all membership interests of Vortex		65,000,000
Advanced to Vortex pursuant to terms of secured promissory note		$ 750,000
Terms of Secured Promissory Note	The principal amount of the promissory note, together with accrued interest at the rate of 8.25% per annum, shall become due and payable upon maturity, which is defined as the first to occur of (a) an event of default, including, without limitation, the failure of the parties to close the share exchange 90 days from June 8, 2018, in which case the Company may declare the note due and payable, (b) the closing of the share exchange, in which case the promissory note will be cancelled as an intercompany loan, or (c) six (6) months following the date of termination of the LOI by the Company.
Rate of Interest Secured Promissory Note		8.25%