Xalles (XALL) 10-Q 20 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	18-May-15
Document And Entity Information
Entity Registrant Name	STELLA BLU, INC
Entity Central Index Key	1581220
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
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
Entity Common Stock, Shares Outstanding		10,300,000
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2015

Condensed_Balance_Sheets

Condensed Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash	$9	$9
Total Current Assets	9	9
TOTAL ASSETS	9	9
CURRENT LIABILITIES
Accounts payable and accrued liabilities	5,761	9,129
Loans from Related Party		20,797
Total Current Liabilities	5,761	29,926
TOTAL LIABILITIES	5,761	29,926
Capital Stock
Preferred stock, 5,000,000 shares authorized, par value $0.0001, no shares issued or outstanding
Common stock, 500,000,000 shares authorized, par value $0.0001 par value, 10,300,000 shares issued and outstanding	1,030	1,030
Additional paid in capital	97,835	65,409
Accumulated deficit	-104,617	-96,356
TOTAL STOCKHOLDERS' DEFICIT	-5,752	-29,917
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)	$9	$9

Condensed_Balance_Sheets_Paren

Condensed Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, par value per share	$0.00	$0.00
Preferred Stock, shares issued
Preferred Stock, shares outstanding
Common Stock, shares authorized	500,000,000	500,000,000
Common stock, par value per share	$0.00	$0.00
Common stock, shares issued	10,300,000	10,300,000
Common stock, shares, outstanding	10,300,000	10,300,000

Condensed_Statements_Of_Operat

Condensed Statements Of Operations (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
REVENUE
Total Revenue	$0	$0
EXPENSES
Filing Fees		6,312
Office & Miscellaneous		207
Taxes & Licenses
Professional Fees	8,261	9,312
Total Expenses	8,261	15,831
Net Loss	($8,261)	($15,831)
BASIC AND DILUTED LOSS PER COMMON SHARE	$0	$0
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	10,300,000	10,300,000

Condensed_Statement_Of_Changes

Condensed Statement Of Changes In Stockholders' Deficit (Unaudited) (USD $)	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Total
Balance, value at Dec. 31, 2014	$1,030	$65,409	($96,356)	($29,917)
Balance, shares at Dec. 31, 2014	10,300,000			10,300,000
Additional paid in capital		32,426		32,426
us-gaap:NetIncomeLoss			-8,261	-8,261
Balance value at Mar. 31, 2015	$1,030	$97,835	($104,617)	($5,752)
Balance, shares at Mar. 31, 2015	10,300,000			10,300,000

Condensed_Statements_Of_Cash_F

Condensed Statements Of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
OPERATING ACTIVITIES
Net Loss	($8,261)	($15,831)
Adjustments to reconcile Net Loss to net Cash used in operating activities:
Decrease in Accounts Payable	-3,368	1,617
NET CASH USED IN OPERATING ACTIVITIES	-11,629	-14,214
FINANCING ACTIVITIES
Additional paid-in capital	11,629
NET CASH PROVIDED BY FINANCING ACTIVITIES	11,629
NET INCREASE (DECREASE) IN CASH		-14,214
CASH, BEGINNING OF PERIOD	9	15,584
CASH, END OF PERIOD	9	1,370
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for interest
Cash paid for taxes
SCHEDULE OF NON CASH FINANCING ACTIVITY:
Settlement of stockholder debt upon change of control	$20,797

General_Organization_And_Busin

General Organization And Business	3 Months Ended
	Mar. 31, 2015
General Organization And Business
General Organization and Business	NOTE 1 – GENERAL ORGANIZATION AND BUSINESS
	Stella Blu, Inc. (“the Company”) was incorporated under the laws of the State of Nevada on December 14, 2009. The Company began limited operations on February 10, 2013, is considered a development stage company, and has not yet realized any revenues from its planned operations.
	The Company is engaged in the patent monetization business. The Company’s principal operations will include the acquisition, licensing, and enforcement of patented technologies. The Company will develop portfolios from patents whose rights are obtained from third parties. The Company expects to generate revenues and related cash flows from the subsequent sale, licensing and enforcement of those patents.

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2015
Summary Of Significant Accounting Policies
Summary of Significant Accounting Policies	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Accounting
	The financial statements present the balance sheets, statements of operations, stockholders' equity (deficit) and cash flows of the Company. These financial statements are presented in United States dollars and have been prepared in accordance with accounting principles generally accepted in the United States. The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a December 31 fiscal year end.
	Use of Estimates and Assumptions
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
	Cash and Cash Equivalents
	The Company considers all highly liquid investments with maturity of three months or less when purchased to be cash equivalents.
	Fair Value of Financial Instruments
	The carrying value of the Company’s financial instruments, consisting of accounts payable and loans from officer approximate their fair value due to the short-term maturity of such instruments. Unless otherwise noted, it is management’s opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial statements.
	Income Taxes
	A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
	When required, the Company records a liability for unrecognized tax positions, defined as the aggregate tax effect of differences between positions taken on tax returns and the benefits recognized in the financial statements. Tax positions are measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. No tax benefits are recognized for positions that do not meet this threshold. The Company has no uncertain tax positions that require the Company to record a liability. The Company’s tax years ended December 31, 2009, 2010, 2011, 2012, 2013, and 2014 remain subject to examination by Federal and state jurisdictions.
	The Company recognizes penalties and interest associated with tax matters as part of the income tax provision and includes accrued interest and penalties with the related tax liability in the balance sheet. The Company had no accrued penalties and interest as of March 31, 2015 and December 31, 2014.
	Loss per Share
	The basic loss per share is calculated by dividing our net loss by the weighted average number of common shares during the year. The diluted earnings (loss) per share is calculated by dividing our net income loss available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted as of the first of the year for any potentially dilutive debt or equity. The Company has not issued any potentially dilutive debt or equity securities.
	Recently Issued Accounting Pronouncements
	The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2015
Income Taxes
Income Taxes	NOTE 3 – INCOME TAXES
	The Company uses the liability method , where deferred tax assets and liabilities are determined based on the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial and income tax reporting purposes. As of March 31, 2015, the Company has incurred net losses and, therefore, has no tax liability.  The net deferred tax asset generated by the loss carry-forward has been fully reserved.  The cumulative net operating loss carry-forward as of March 31, 2015, is $ 104,617 and will expire 20 years from the date the loss was incurred.

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2015
Stockholders Equity
Stockholders' Equity	NOTE 4 – STOCKHOLDERS’ EQUITY
	Authorized
	The Company is authorized to issue 500,000,000 shares of $ 0.0001 par value common stock and 5,000,000 shares of preferred stock, par value $ 0.0001. All common stock shares have equal voting rights, are non-assessable and have one vote per share. Voting rights are not cumulative and, therefore, the holders of more than 50% of the common stock could, if they choose to do so, elect all of the directors of the Company.
	Contributed Capital
	In December 2009 an officer of the Company contributed capital in the amount of $ 789 for incorporation costs.
	Issued and Outstanding
	On February 10, 2013, the Company issued 6,500,000 common shares to its Director for cash consideration of $ 0.0001 per share.
	The Company accepted subscriptions for 3,500,000 shares of common stock from 39 investors pursuant to a series of private placement transactions which closed in May 2013. The private placement shares were priced at $ 0.01 per share, for aggregate gross proceeds of $ 35,000.
	On December 9, 2013, the Company terminated its initial public offering after the sale of 300,000 shares of common stock at $ 0.10 per share, for aggregate gross proceeds of $ 30,000.

Conflicts_Of_Interest

Conflicts Of Interest	3 Months Ended
	Mar. 31, 2015
Conflicts Of Interest
Conflicts of Interest	NOTE 5 – CONFLICTS OF INTEREST
	The officer and director of the Company is involved in other business activities and may, in the future, become involved in other business opportunities. If a specific business opportunity becomes available, such person may face a conflict in selecting between the Company and his other business interests. The Company has not formulated a policy for the resolution of such conflicts.

Going_Concern

Going Concern	3 Months Ended
	Mar. 31, 2015
Going Concern
Going Concern	NOTE 6 – GOING CONCERN
	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company has not commenced its planned operations and has net losses for the period from inception (December 14, 2009) to March 31, 2015, of $104,617. This condition raises substantial doubt about the Company’s ability to continue as a going concern. The Company’s continuation as a going concern is dependent on its ability to meet its obligations, to obtain additional financing as may be required and ultimately to attain profitability. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
	Management is planning to raise additional funds through debt or equity offerings. There is no guarantee that the Company will be successful in these efforts.

Concentration_Of_Credit_Risk

Concentration Of Credit Risk	3 Months Ended
	Mar. 31, 2015
Concentration Of Credit Risk
Concentration of Credit Risk	NOTE 7 – CONCENTRATION OF CREDIT RISK
	The Company’s cash is held in escrow by the Company’s attorney. The cash is available for operations without any restrictions.

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2015
Related Party Transactions
Related Party Transactions	NOTE 8 – RELATED PARTY TRANSACTIONS
	In December 2009 an officer of the Company contributed capital in the amount of $ 789 for incorporation costs.
	On February 10, 2013, the Company issued 6,500,000 common shares to its Director for cash consideration of $ 0.0001 per share.
	On January, 9, 2015, the Company entered into an agreement whereby a director of the Company will distribute $11,629 to service providers owed money by the Company. The amount has been recorded as additional paid-in-capital.
	During the year ended December 31, 2014, total advances from a director or the Company was $20,797. The amounts were unsecured, non-interest bearing and are due on demand. On January 20, 2015, in connection with a change in control, the Company received a letter from a director forgiving the Company of the $20,797 loan payable. The amount of $20,797 was recorded as additional paid-in-capital.

Summary_Of_Significant_Account1

Summary Of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2015
Summary Of Significant Accounting Policies Policies
Basis of Accounting	Basis of Accounting
	The financial statements present the balance sheets, statements of operations, stockholders' equity (deficit) and cash flows of the Company. These financial statements are presented in United States dollars and have been prepared in accordance with accounting principles generally accepted in the United States. The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a December 31 fiscal year end.
Use of Estimates and Assumptions
	Use of Estimates and Assumptions
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents
	The Company considers all highly liquid investments with maturity of three months or less when purchased to be cash equivalents.
Fair Value of Financial Instruments	Fair Value of Financial Instruments
	The carrying value of the Company’s financial instruments, consisting of accounts payable and loans from officer approximate their fair value due to the short-term maturity of such instruments. Unless otherwise noted, it is management’s opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial statements.
Income Taxes	Income Taxes
	A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
	When required, the Company records a liability for unrecognized tax positions, defined as the aggregate tax effect of differences between positions taken on tax returns and the benefits recognized in the financial statements. Tax positions are measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. No tax benefits are recognized for positions that do not meet this threshold. The Company has no uncertain tax positions that require the Company to record a liability. The Company’s tax years ended December 31, 2009, 2010, 2011, 2012, 2013, and 2014 remain subject to examination by Federal and state jurisdictions.
	The Company recognizes penalties and interest associated with tax matters as part of the income tax provision and includes accrued interest and penalties with the related tax liability in the balance sheet. The Company had no accrued penalties and interest as of March 31, 2015 and December 31, 2014.
Loss Per Share	Loss per Share
	The basic loss per share is calculated by dividing our net loss by the weighted average number of common shares during the year. The diluted earnings (loss) per share is calculated by dividing our net income loss available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted as of the first of the year for any potentially dilutive debt or equity. The Company has not issued any potentially dilutive debt or equity securities.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements
	The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Income_Taxes_Narrative_Details

Income Taxes (Narrative) (Details) (USD $)	3 Months Ended
	Mar. 31, 2015
Income Taxes Narrative Details
Operating loss carryforwards	$104,617
Operating loss carryforward limitations on use	Will expire 20 years from the date the loss was incurred.

Stockholders_Equity_Narrative_

Stockholders' Equity (Narrative) (Details) (USD $)	1 Months Ended	0 Months Ended	3 Months Ended	1 Months Ended	0 Months Ended
	Dec. 31, 2009	Dec. 09, 2013	Mar. 31, 2015	31-May-13	Feb. 10, 2013
Officer
Contributed capital for incorporation cost	$789
Common Stock
Common stock voting rights			All common stock shares have equal voting rights, are non-assessable and have one vote per share. Voting rights are not cumulative and, therefore, the holders of more than 50% of the common stock could, if they choose to do so, elect all of the directors of the Company.
Shares issued during the period for cash, shares		300,000
Aggregate gross proceeds received		30,000
Stock issue price, per share		$0.10
Common Stock | Private Placement Closed In May 2013 With 39 Investors
Shares issued during the period for cash, shares				3,500,000
Aggregate gross proceeds received				$35,000
Stock issue price, per share				$0.01
Common Stock | Director
Shares issued during the period for cash, shares					6,500,000
Stock issue price, per share					$0.00

Related_Parties_Transactions_N

Related Parties Transactions (Narrative) (Details) (USD $)	3 Months Ended	0 Months Ended		12 Months Ended
	Mar. 31, 2015	Jan. 09, 2015	Jan. 20, 2015	Dec. 31, 2014
Short-term Debt [Line Items]
Adjustment to additional paid in capital	$32,426
Director
Short-term Debt [Line Items]
Advances received from director		11,629
Adjustment to additional paid in capital		11,629
Director | Loans Payable
Short-term Debt [Line Items]
Advances received from director				20,797
Debt instrument description				The amounts are unsecured, non-interest bearing and are due on demand.
Extinguishment of debt amount			20,797
Adjustment to additional paid in capital			$20,797