Xalles (XALL) 10-K 14 Apr 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Apr. 13, 2016	Jun. 30, 2015
Document And Entity Information
Entity Registrant Name	Xalles Holdings Inc.
Entity Central Index Key	1,581,220
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
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 Public Float			$ 1,960,000
Entity Common Stock, Shares Outstanding		31,015,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash	$ 23
Total current assets	23
License (Note 5)	966
TOTAL ASSETS	989	$ 0
CURRENT LIABILITIES
Accounts payable and accrued liabilities (Notes 6 and 8)	32,910
Convertible debenture (Note 6)	60,000
Stock-settled debt obligation (Note 6)	40,000
Due to related parties (Note 7 and 8)	150,644	$ 469
TOTAL CURRENT LIABILITIES	283,554	$ 469
Capital Stock
Preferred stock, 5,000,000 shares authorized, par value $0.001, 1,000,000 and nil shares issued and outstanding	1,000
Common stock, 500,000,000 shares authorized, par value $0.0001, 31,015,000 and 30,900,000 shares issued and outstanding	3,102	$ 3,090
Additional paid-in capital	(129,733)	(3,075)
Accumulated deficit	(156,934)	(484)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	(282,565)	(469)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 989	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 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	$ 0.001	$ 0.001
Preferred Stock, shares issued	1,000,000
Preferred Stock, shares outstanding	1,000,000
Common Stock, shares authorized	500,000,000	500,000,000
Common stock, par value per share	$ 0.0001	$ 0.0001
Common stock, shares issued	31,015,000	30,900,000
Common stock, shares outstanding	31,015,000	30,900,000

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($)	2 Months Ended	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015
REVENUE
Total revenue
EXPENSES
General and administrative	$ 484	$ 16,931
Consulting fees		60,015
Professional fees		39,093
Total operating expenses	$ 484	116,039
Net loss before other expense	$ (484)	(116,039)
Other Expense
Interest expense		40,411
Net loss	$ (484)	$ (156,450)
BASIC AND DILUTED LOSS PER COMMON SHARE		$ (0.01)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	30,900,000	30,900,315

Consolidated Statement Of Chang

Consolidated Statement Of Changes In Shareholders' Equity (Deficit) - USD ($)	Preferred Stock	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Balance common stock, shares at Oct. 22, 2014		30,900,000
Balance preferred stock, shares at Oct. 22, 2014
Balance, value at Oct. 22, 2014		$ 3,090	$ (3,075)		$ 15
Net loss for the period				$ (484)	$ (484)
Balance common stock, shares at Dec. 31, 2014		30,900,000			30,900,000
Balance preferred stock, shares at Dec. 31, 2014
Balance, value at Dec. 31, 2014		$ 3,090	$ (3,075)	$ (484)	$ (469)
Recapitalization of Xalles Holdings Inc., shares		19,500,000
Recapitalization of Xalles Holdings Inc., value		$ 1,950	(127,611)		$ (125,661)
Cancellation of shares held by the former President of the Company, shares		(19,500,000)
Cancellation of shares held by the former President of the Company, value		$ (1,950)	1,950
Preferred stock issued pursuant to share exchange agreement (Note 1), shares	1,000,000
Preferred stock issued pursuant to share exchange agreement (Note 1), value	$ 1,000		(1,000)
Common stock issued for future director fees, shares		100,000
Common stock issued for future director fees, value		$ 10	(10)
Common stock issued for consulting services, shares		15,000
Common stock issued for consulting services, value		$ 2	$ 13		$ 15
Net loss for the period				$ (156,450)	$ (156,450)
Balance common stock, shares at Dec. 31, 2015		31,015,000			31,015,000
Balance preferred stock, shares at Dec. 31, 2015	100,000				1,000,000
Balance, value at Dec. 31, 2015	$ 1,000	$ 3,102	$ (129,733)	$ (156,934)	$ (282,565)

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($)	2 Months Ended	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015
OPERATING ACTIVITIES
Net loss	$ (484)	$ (156,450)
Adjustments to reconcile net loss to net cash used in operating activities:
Accretion of discounts on convertible debt		40,000
Amortization of license		34
Issuance of stock for consulting services		60,000
Stock-based compensation		15
Changes in operating assets and liabilities
Accounts payable and accrued liabilities		18,460
NET CASH USED IN OPERATING ACTIVITIES	$ (484)	(37,941)
FINANCING ACTIVITIES
Proceeds from related parties	484	37,964
NET CASH PROVIDED BY FINANCING ACTIVITIES	$ 484	37,964
NET CHANGE IN CASH		$ 23
CASH, BEGINNING OF PERIOD
CASH, END OF PERIOD		$ 23
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for interest
Cash paid for taxes
SCHEDULE OF NON-CASH INVESTING ACTIVITIES:
Issuance of debt for license		$ 97,211
Accounts payable assumed on recapitalization of Xalles Holings-Inc.		14,450
Amount due to related party assumed on recapitalization of xalles Holdings-Inc.		$ 15,000

General Organization And Busine

General Organization And Business	12 Months Ended
	Dec. 31, 2015
General Organization And Business
General Organization and Business	NOTE 1 – GENERAL ORGANIZATION AND BUSINESS Xalles Holdings Inc. (“the Company”) was incorporated in the State of Nevada on December 14, 2009 under the name Stella Blu, Inc. On August 24, 2015, the Company changed its name to Xalles Holdings Inc. On July 14, 2015, the Company entered into a Share Exchange Agreement (the “Agreement”) with Xalles Limited ("Xalles"), a Delaware corporation (incorporated in October 2014), ArrowVista Corporation ("ArrowVista"), a Delaware corporation, Xalles Singapore Pte. Ltd. ("Xalles Singapore"), a Singapore corporation, and the shareholders of Xalles, ArrowVista, and Xalles Singapore. Pursuant to the Agreement, Xalles, ArrowVista, and Xalles Singapore will become wholly-owned subsidiaries of the Company in exchange for the issuance of certain shares. Xalles became a wholly-owned subsidiary by the issuance of 19,500,000 shares of common stock on July 16, 2015 (the "First Tranche"). Please refer to Note 3. ArrowVista will become a wholly-owned subsidiary by the issuance of 4,500,000 shares of common stock on or before June 30, 2016. Xalles Singapore will become a wholly-owned subsidiary by the issuance of 2,250,000 shares of common stock on or before June 30, 2016. The consummation of the transactions set forth in the Agreement are subject to certain conditions. On July 1, 2015, prior to the closing of the First Tranche of the Agreement, ArrowVista transferred a note receivable and a license to Xalles in consideration of a note payable in the amount of $97,211. The amount owed is unsecured, non-interest bearing, and due on demand. Please refer to Note 8(d). On August 19, 2015, the Company effected a 3-for-1 forward stock split of its common stock. All common share and per common share amounts in these consolidated financial statements have been retroactively restated to reflect the stock split. 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 Accounti

Summary Of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Summary Of Significant Accounting Policies
Summary of Significant Accounting Policies	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Accounting These consolidated financial statements present the balance sheets, statements of operations, stockholders' 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. Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Xalles Limited. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates and Assumptions The preparation of these 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. The results of operations and cash flows for the periods shown are not necessarily indicative of the results to be expected for the full year. The Company regularly evaluates estimates and assumptions related to valuation of license, stock-based compensation, and deferred income tax asset valuation allowances. Cash and Cash Equivalents The Company considers all highly liquid investments with maturity of three months or less when purchased to be cash equivalents. License The Company acquired a license from a company controlled by our CEO on July 1, 2015 in consideration for a note payable of $97,211. License has been capitalized in accordance with ASC 350-30 “Intangibles – Goodwill and Other – General Intangibles Other Than Goodwill.” Amortization commenced on July 1, 2015 when the license was acquired and became ready for its intended use. Amortization is calculated on a straight-line basis over its estimated useful life of 15 years. If the total of the expected undiscounted future cash flows is less than the carrying amount of the asset, a loss is recognized for the excess of the carrying value over the fair value of the asset. Financial Instruments and Fair Value Measures ASC 820, “ Fair Value Measurements and Disclosures Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company’s financial instruments consist principally of cash, accounts payable and accrued liabilities, convertible debenture, stock-settled debt obligation, and amounts due to related parties. Pursuant to ASC 820, the fair value of cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. 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. Stock-based Compensation The Company records stock-based compensation in accordance with ASC 718 “Compensation – Stock Compensation” and ASC 505, “Equity Based Payments to Non-Employees”, using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measureable. Loss per Share The Company computes net loss per share in accordance with ASC 260, “Earnings per Share” , Comprehensive Loss ASC 220, “Comprehensive Income”, establishes standards for the reporting and display of comprehensive loss and its components in the consolidated financial statements. As at December 31, 2015 and 2014, the Company had no items representing comprehensive income or loss. 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, 2014, and 2015 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 December 31, 2015 and 2014. 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.

Acquistion Of Xalles Limited

Acquistion Of Xalles Limited	12 Months Ended
	Dec. 31, 2015
Acquistion Of Xalles Limited
Acquistion of Xalles Limited	NOTE 3 – ACQUISITION OF XALLES LIMITED On July 14, 2015, the Company entered into an Agreement with Xalles Limited ("Xalles"), a Delaware corporation, ArrowVista Corporation ("ArrowVista"), a Delaware corporation, Xalles Singapore Pte. Ltd. ("Xalles Singapore"), a Singapore corporation, and the shareholders of Xalles, ArrowVista, and Xalles Singapore. Pursuant to the Agreement, Xalles, ArrowVista, and Xalles Singapore will become wholly-owned subsidiaries of the Company in exchange for the issuance of certain shares. Xalles became a wholly-owned subsidiary by the issuance of 19,500,000 shares of common stock on July 16, 2015. ArrowVista will become a wholly-owned subsidiary by the issuance of 4,500,000 shares of common stock on or before June 30, 2016. Xalles Singapore will become a wholly-owned subsidiary by the issuance of 2,250,000 shares of common stock on or before June 30, 2016. The consummation of the transactions set forth in the Agreement are subject to certain conditions. The original shareholders of the Company agreed to fund $300,000 to support the current operations and continued development of the business. Refer to Note 12. The share purchase agreement was a capital transaction in substance and therefore has been accounted for as a reverse capitalization. Under reverse capitalization accounting, Xalles was considered the acquirer for accounting and financial reporting purposes, and acquired the assets and assumed the liabilities of the Company. Assets acquired and liabilities assumed are reported at their historical amounts. These consolidated financial statements include the accounts of the Company since the effective date of the recapitalization and the historical accounts of Xalles since inception.

Note Receivable

Note Receivable	12 Months Ended
	Dec. 31, 2015
Note Receivable
Note Receivable	NOTE 4 – NOTE RECEIVABLE As at December 31, 2015, the Company is owed $45,642 (2014 - $nil) in a promissory note receivable which was transferred from a company controlled by our CEO. Under the terms of the note, the amount is unsecured, bears interest at 8% per annum, and is due on demand. As of December 31, 2015, the Company recorded a reserve of $45,642 (2014 - $nil) on the estimated uncollectible note receivable and the accrued interest receivable of $16,656 (2014 - $nil) has been written off as a reduction of additional paid-in capital prior to the recapitalization of Xalles Holdings Inc., due to the related party nature.

License

License	12 Months Ended
	Dec. 31, 2015
License
License	NOTE 5 – LICENSE On July 1, 2015, the Company acquired the license from a company controlled by our CEO. The license was recorded at the historical cost incurred by the related party and amortized over its estimated useful life of 15 years. The following represents the carrying value of the license at December 31, 2015: License $ 1,000 Accumulated depreciation 34 Carrying value as at December 31, 2015 $ 966

Convertible Debenture

Convertible Debenture	12 Months Ended
	Dec. 31, 2015
Convertible Debenture
Convertible Debenture	NOTE 6 – CONVERTIBLE DEBENTURE On August 28, 2015, in consideration for future consulting services, the Company issued a $60,000 convertible note which is unsecured, bears interest at 2% per annum and was due on November 28, 2015. The note is convertible into shares of common stock 90 days after the date of issuance (November 26, 2015) at a conversion rate of 60% of the average of the three lowest closing bid prices of the Company’s common stock for the twenty trading days ending one trading day prior to the date the conversion notice is sent by the holder to the Company. If, at the time of conversion, the lowest trading prices during the applicable 20 trading day period is equal to or less than $0.0001, then the conversion price shall equal the lesser of the (1) variable conversion price or (2) $0.00001. In accordance with ASC 470-20, “Debt with Conversion and Other Options”, the Company recognized the intrinsic value of the conversion feature of $40,000 as a stock-settled debt obligation and an equivalent discount which was charged to operations over the term of the convertible debenture from the effective date to the convertible date. During the year ended December 31, 2015, the Company accreted $40,000 of the debt discount which was recorded as interest expense. As of December 31, 2015, the carrying value of the debenture was $60,000 (2014 - $nil). As of December 31, 2015, accrued interest of $411 (2014 - $nil) has been recorded in accounts payable and accrued liabilities.

Notes Payable

Notes Payable	12 Months Ended
	Dec. 31, 2015
Notes Payable
Notes Payable	NOTE 7 – NOTES PAYABLE a) As of December 31, 2015, the Company owed $52,600 (2014 - $nil) to a former director of the Company. The amounts are unsecured, non-interest bearing and are due on demand. b) As of December 31, 2015, the Company owed $833 (2014 - $nil) to the CEO of the Company. The amount is unsecured, non-interest bearing and is due on demand. c) As of December 31, 2015, the Company owed $97,211 (2014 - $nil) to a company controlled by the CEO of the Company. The amount is unsecured, non-interest bearing and is due on demand. All debt is due on demand and has been included in current liabilities on the balance sheet.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions
Related Party Transactions	NOTE 8 – RELATED PARTY TRANSACTIONS a) On January 9, 2015, the Company entered into an agreement whereby a director of the Company paid $11,629 to service providers on behalf of the Company. The amount was recorded as additional paid-in-capital prior to the recapitalization. b) As of December 31, 2015, the Company owed $52,600 (2014 - $nil) to a former director of the Company. The amounts are unsecured, non-interest bearing and are due on demand. c) As of December 31, 2015, the Company owed $833 (2014 - $nil) to the CEO of the Company. The amount is unsecured, non-interest bearing and is due on demand. d) As of December 31, 2015, the Company owed $97,211 (2014 - $nil) to a company controlled by the CEO of the Company. The amount is unsecured, non-interest bearing and is due on demand.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2015
Stockholders Equity
Stockholders' Equity	NOTE 9 – 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 $0.001. 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. On August 3, 2015, the Company filed a Certificate of Designation of Series A Preferred Stock (the "Certificate of Designation”) with the Nevada Secretary of State designating 1,000,000 of the Company's previously authorized preferred stock. The holders of the Series A Preferred Stock are granted 51% voting power on all matters to be voted on by the holders of the Company’s common stock and is not convertible into any shares of the Company's common stock. With respect to rights on liquidation, dissolution or winding up, shares of Series A Preferred Stock rank on a parity with the Company's common stock. Issued and Outstanding: a) On July 16, 2015, the Company issued 19,500,000 shares of common stock pursuant to the Share Exchange Agreement with Xalles Limited, a Delaware corporation, to effect the acquisition and reverse capitalization. Refer to Note 3. b) On July 16, 2015, the Company cancelled 19,500,000 shares of common stock held by the former President of the Company. c) On August 19, 2015, the Company effected a 3-for-1 forward stock split of its common stock. All common share and per common share amounts in these consolidated financial statements have been retroactively restated to reflect the stock split. d) On October 7, 2015, the Company issued 1,000,000 shares of Series A preferred stock to the CEO of the Company and a former director of the Company. The issuance of the Series A preferred stock was made pursuant to the share exchange agreement, and recorded as contributed capital. Refer to Note 1. e) On December 30, 2015, the Company issued 15,000 shares of common stock with a fair value of $15 to a consultant for services performed pursuant to an agreement dated August 28, 2015. f) On December 30, 2015, a former director cancelled 500,000 shares of Series A preferred stock, which were reissued to a new director. The cancellation and re-issuance of the Series A Preferred Stock was made pursuant to the share exchange agreement, and recorded as contributed capital. As valuable consideration for services to be incurred, the Company also issued 100,000 shares of common stock to this director. As the amounts were for future services, no value was assigned to these shares of common stock.

Conflicts Of Interest

Conflicts Of Interest	12 Months Ended
	Dec. 31, 2015
Conflicts Of Interest
Conflicts of Interest	NOTE 10 – 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.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Taxes
Income Taxes	NOTE 11 - INCOME TAXES The Company is subject to income taxes at a combined rate of 35% (2014 – 43.7%). The reconciliation of the provision for income taxes at the combined statutory rate compared to the Company’s income tax expense as reported is as follows: 2015 2014$ Income tax expense (recovery) at statutory rate (54,754 ) (212 ) Permanent difference and other 5 — Difference in tax rates between foreign jurisdictions (1,249 ) — Valuation allowance change 55,998 212 Provision for income taxes — — The significant components of deferred income tax assets and liabilities as at December 31, 2015 and 2014, after applying enacted income tax rates, are as follows: 2015 2014$ Net operating losses carried forward 56,224 212 License (14 ) — Valuation allowance (56,210 ) (212 ) Net deferred income tax asset — — The Company has net operating losses carried forward of $156,952 which may be carried forward to apply against future year taxable income, subject to the final determination by taxation authorities, expiring in the following years: $ 2034 484 2035 156,468 156,952

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 31, 2015
Subsequent Event
Subsequent Event	NOTE 12 – SUBSEQUENT EVENTS On January 4, 2016, the Company entered into a consulting agreement for a term of six months (the "Initial Term"), which would automatically extend for a subsequent six-months term (the "Renewal Term") unless terminated with written notice. In consideration for future services, the Company issued a $90,000 convertible note for the Initial Term and will issue additional $90,000 convertible notes for any future Renewal Terms. The note is unsecured, bears interest at 6% per annum, and due on April 4, 2016. The note is convertible into shares of common stock during the period from 90 days after the date of issuance (April 2, 2016) to three years from the date of issuance (January 4, 2019), at a conversion rate of 60% of the average of the three lowest intraday trading prices of the Company’s common stock for the twenty trading days ending one trading day prior to the date the conversion notice is sent by the holder to the Company. On February 29, 2016, the Company closed an Asset Purchase Agreement dated July 14, 2015 and amended December 2, 2015 (the “Agreement”) with Co-Owners Inc. ("Co-Owners"), a Florida corporation, and the shareholders of Co-Owners. Pursuant to the Agreement, the Company agreed to purchase certain assets and assume certain liabilities of Co-Owners and transfer these assets and liabilities to a newly incorporated company, named Co-Owners Rewards Inc. (“Subco”). In consideration, Subco will issue 2,200,000 shares of common stock to the Company and 2,330,000 shares of common stock to certain shareholders of Co-Owners. Subsequent to December 31, 2015, the Company received $33,000 from the original shareholders of the Company prior to the acquisition of Xalles. The proceeds received were pursuant to the agreement as described in Note 3.

Summary Of Significant Accoun19

Summary Of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Summary Of Significant Accounting Policies Policies
Basis of Accounting	Basis of Accounting These consolidated financial statements present the balance sheets, statements of operations, stockholders' 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.
Consolidation	Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Xalles Limited. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates and Assumptions	Use of Estimates and Assumptions The preparation of these 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. The results of operations and cash flows for the periods shown are not necessarily indicative of the results to be expected for the full year. The Company regularly evaluates estimates and assumptions related to valuation of license, stock-based compensation, and deferred income tax asset valuation allowances.
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.
License	License The Company acquired a license from a company controlled by our CEO on July 1, 2015 in consideration for a note payable of $97,211. License has been capitalized in accordance with ASC 350-30 “Intangibles – Goodwill and Other – General Intangibles Other Than Goodwill.” Amortization commenced on July 1, 2015 when the license was acquired and became ready for its intended use. Amortization is calculated on a straight-line basis over its estimated useful life of 15 years. If the total of the expected undiscounted future cash flows is less than the carrying amount of the asset, a loss is recognized for the excess of the carrying value over the fair value of the asset.
Financial Instruments and Fair Value Measures	Financial Instruments and Fair Value Measures ASC 820, “ Fair Value Measurements and Disclosures Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company’s financial instruments consist principally of cash, accounts payable and accrued liabilities, convertible debenture, stock-settled debt obligation, and amounts due to related parties. Pursuant to ASC 820, the fair value of cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. 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.
Stock-based Compensation	Stock-based Compensation The Company records stock-based compensation in accordance with ASC 718 “Compensation – Stock Compensation” and ASC 505, “Equity Based Payments to Non-Employees”, using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measureable.
Loss per Share	Loss per Share The Company computes net loss per share in accordance with ASC 260, “Earnings per Share” ,
Comprehensive Loss	Comprehensive Loss ASC 220, “Comprehensive Income”, establishes standards for the reporting and display of comprehensive loss and its components in the consolidated financial statements. As at December 31, 2015 and 2014, the Company had no items representing comprehensive income or loss.
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, 2014, and 2015 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 December 31, 2015 and 2014.
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.

License (Tables)

License (Tables)	12 Months Ended
	Dec. 31, 2015
License Tables
Schedule of License	The following represents the carrying value of the license at December 31, 2015: License $ 1,000 Accumulated depreciation 34 Carrying value as at December 31, 2015 $ 966

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Taxes Tables
Schedule of Reconciliation of Provision for Income Taxes	The reconciliation of the provision for income taxes at the combined statutory rate compared to the Company’s income tax expense as reported is as follows: 2015 2014$ Income tax expense (recovery) at statutory rate (54,754 ) (212 ) Permanent difference and other 5 — Difference in tax rates between foreign jurisdictions (1,249 ) — Valuation allowance change 55,998 212 Provision for income taxes — —
Schedule of Deferred Income Tax Assets and Liabilites	The significant components of deferred income tax assets and liabilities as at December 31, 2015 and 2014, after applying enacted income tax rates, are as follows: 2015 2014$ Net operating losses carried forward 56,224 212 License (14 ) — Valuation allowance (56,210 ) (212 ) Net deferred income tax asset — —
Schedule of Net Operating Losses Carried Forward	The Company has net operating losses carried forward of $156,952 which may be carried forward to apply against future year taxable income, subject to the final determination by taxation authorities, expiring in the following years: $ 2034 484 2035 156,468 156,952

License (Details)

License (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Carrying value as at December 31, 2015	$ 966
Licensing [Member]
Finite-Lived Intangible Assets [Line Items]
License	1,000
Accumulated depreciation:	34
Carrying value as at December 31, 2015	$ 966

Income Taxes (Schedule Of Recon

Income Taxes (Schedule Of Reconciliation Of Provision For Income Taxes) (Details) - USD ($)	2 Months Ended	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015
Income Taxes Schedule Of Reconciliation Of Provision For Income Taxes Details
Income tax expense (recovery) at statutory rate	$ (212)	$ (54,754)
Permanent difference and other		5
Difference in tax rates between foreign jurisdictions		(1,249)
Valuation allowance change	$ 212	$ 55,998
Provision for income taxes

Income Taxes (Schedule Of Defer

Income Taxes (Schedule Of Deferred Income Tax Assets And Liabilities) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Income Taxes Schedule Of Deferred Income Tax Assets And Liabilities Details
Net operating losses carried forward	$ 56,224	$ 212
License	(14)
Valuation allowance	$ 56,210	$ 212
Net deferred income tax asset

Income Taxes (Schedule Of Net O

Income Taxes (Schedule Of Net Operating Losses Carried Forward) (Details)	Dec. 31, 2015USD ($)
Income Taxes Schedule Of Net Operating Losses Carried Forward Details
Operating losses carried forward - 2034	$ 484
Operating lossed carried forward - 2035	156,468
Net operating losses carried forward	$ 156,952

Summary Of Significant Accoun26

Summary Of Significant Accounting Policies - License (Narrative) (Details) - Licensing [Member] - USD ($)	6 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2015	Jul. 02, 2015
Acquisition of license for note payable			$ 97,211
Estimated useful life	15 years	15 years

Acquisition Of Xalles Limited (

Acquisition Of Xalles Limited (Narrative) (Details) - USD ($)	Jul. 16, 2015	Jul. 14, 2015	Dec. 31, 2015
Shareholders of the company agreed to fund to support current operation and continued development			$ 300,000
Agreement for Acquisition
Acquisition agreement terms		Pursuant to the Agreement, Xalles, ArrowVista, and Xalles Singapore will become wholly-owned subsidiaries of the Company in exchange for the issuance of certain shares. Xalles became a wholly-owned subsidiary by the issuance of 19,500,000 shares of common stock on July 16, 2015. ArrowVista will become a wholly-owned subsidiary by the issuance of 4,500,000 shares of common stock on or before June 30, 2016. Xalles Singapore will become a wholly-owned subsidiary by the issuance of 2,250,000 shares of common stock on or before June 30, 2016.
Common Stock [Member]
Shares issued for acquisition as per agreement			19,500,000
Share Exchange Agreement With Xalles [Member] | Common Stock [Member]
Shares issued for acquisition as per agreement	19,500,000

Note Receivable (Narrative) (De

Note Receivable (Narrative) (Details) - Promissory Note Receivable From A Company Controlled By CEO [Member] - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Promissory note receivable from non related party	$ 45,642
Interest rate	8.00%	8.00%
Debt instrument description	Under the terms of the note, the amount is unsecured, bears interest at 8% per annum, and is due on demand.	Under the terms of the note, the amount is unsecured, bears interest at 8% per annum, and is due on demand.
Reserve on estimated uncollectible note receivable	$ 45,642
Accrued interest receivable written off as a reduction of additional paid-in capital	$ 16,656

License (Narrative) (Details)

License (Narrative) (Details)	6 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2015
Licensing [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible asset estimated useful life	15 years	15 years

Convertible Debenture (Narrativ

Convertible Debenture (Narrative) (Details) - USD ($)	Aug. 28, 2015	Dec. 31, 2014	Dec. 31, 2015
Short-term Debt [Line Items]
Accretion of discounts on convertible debt			$ 40,000
Convertible Debenture [Member]
Short-term Debt [Line Items]
Convertible note face value	$ 60,000
Debt instrument interest rate	2.00%
Debt instrument maturity date	Nov. 28, 2015
Debt instrument conversion terms	The note is convertible into shares of common stock 90 days after the date of issuance (November 26, 2015) at a conversion rate of 60% of the average of the three lowest closing bid prices of the Company’s common stock for the twenty trading days ending one trading day prior to the date the conversion notice is sent by the holder to the Company. If, at the time of conversion, the lowest trading prices during the applicable 20 trading day period is equal to or less than $0.0001, then the conversion price shall equal the lesser of the (1) variable conversion price or (2) $0.00001.
Intrinsic value of the conversion feature	$ 40,000
Accretion of discounts on convertible debt			40,000
Debt instrument carrying value			60,000
Convertible Debenture [Member] | Accounts Payable And Accrued Liabilities [Member]
Short-term Debt [Line Items]
Accrued interest recorded in accounts payable and accrued liabilities			$ 411

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)	Jan. 09, 2015	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Due to related parties		$ 150,644	$ 469
Director [Member]
Related Party Transaction [Line Items]
Due to director recorded as additional paid-in-capital	$ 11,629
Former Director [Member]
Related Party Transaction [Line Items]
Due to related parties		$ 52,600
Debt instrument description		The amounts are unsecured, non-interest bearing and are due on demand.	The amounts are unsecured, non-interest bearing and are due on demand.
CEO [Member]
Related Party Transaction [Line Items]
Due to related parties		$ 833
Debt instrument description		The amounts are unsecured, non-interest bearing and are due on demand.	The amounts are unsecured, non-interest bearing and are due on demand.
Company Controlled By The CEO [Member]
Related Party Transaction [Line Items]
Due to related parties		$ 97,211
Debt instrument description		The amounts are unsecured, non-interest bearing and are due on demand.	The amounts are unsecured, non-interest bearing and are due on demand.

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	2 Months Ended	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015
Income Taxes Narrative Details
Income tax rate	43.70%	35.00%

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($)	Dec. 30, 2015	Oct. 07, 2015	Aug. 19, 2015	Aug. 03, 2015	Jul. 16, 2015	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Preferred shares authorized							5,000,000	5,000,000
Common stock value issued for service							$ 15
Series A Preferred Stock [Member]
Preferred shares authorized				1,000,000
Preferred share voting power				The holders of the Series A Preferred Stock are granted 51% voting power on all matters to be voted on by the holders of the Company’s common stock and is not convertible into any shares of the Company's common stock.
Series A Preferred Stock [Member] | CEO and FormerDirector
Share issued recorded as contributed capital		1,000,000
Series A Preferred Stock [Member] | Former Director
Cancellation of shares	500,000
Series A Preferred Stock [Member] | Director [Member]
Share issued to director	500,000
Common Stock [Member]
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.
Cancellation of shares							(19,500,000)
Forward stock split			The Company effected a 3-for-1 forward stock split of its common stock. All common share and per common share amounts in these financial statements have been retroactively restated to reflect the stock split.
Common stock issued for service							15,000
Common stock value issued for service							$ 2
Share issued to director							100,000
Common Stock [Member] | Consultant [Member]
Common stock issued for service	15,000
Common stock value issued for service	$ 15
Common Stock [Member] | Former President [Member]
Cancellation of shares					19,500,000

Subsequent Event (Narrative) (D

Subsequent Event (Narrative) (Details) - Subsequent Event [Member] - USD ($)	Feb. 29, 2016	Jan. 04, 2016	Apr. 01, 2016
Subsequent Event [Line Items]
Subsequent agreement terms	On February 29, 2016, the Company closed an Asset Purchase Agreement dated July 14, 2015 and amended December 2, 2015 (the “Agreement”) with Co-Owners Inc. ("Co-Owners"), a Florida corporation, and the shareholders of Co-Owners. Pursuant to the Agreement, the Company agreed to purchase certain assets and assume certain liabilities of Co-Owners and transfer these assets and liabilities to a newly incorporated company, named Co-Owners Rewards Inc. (“Subco”). In consideration, Subco will issue 2,200,000 shares of common stock to the Company and 2,330,000 shares of common stock to certain shareholders of Co-Owners.
Proceeds received from shareholders			$ 33,000
Convertible Notes Payable [Member]
Subsequent Event [Line Items]
Convertible note issued		$ 90,000
Additional convertible notes for future renewal terms		$ 90,000
Interest rate		6.00%
Convertible note terms		The note is convertible into shares of common stock during the period from 90 days after the date of issuance (April 2, 2016) to three years from the date of issuance (January 4, 2019), at a conversion rate of 60% of the average of the three lowest intraday trading prices of the Company’s common stock for the twenty trading days ending one trading day prior to the date the conversion notice is sent by the holder to the Company
Convertible note due date		Apr. 4, 2016