Rasna Therapeutics (RASP) 10-K 3 Oct 14 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Document and Entity Information:	'	'
Entity Registrant Name	'Active With Me Inc.	'
Document Type	'10-K	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Entity Central Index Key	'0001582249	'
Current Fiscal Year End Date	'--06-30	'
Entity Common Stock, Shares Outstanding	'	33,050,000
Entity Public Float	'	$3,305
Entity Filer Category	'Smaller Reporting Company	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well-known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'FY	'

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Jun. 30, 2014	Jun. 30, 2013
Current assets	'	'
Cash and cash equivalents	$6,335	$46,345
Total current assets	6,335	46,345
Other assets	350	'
Total assets	6,685	46,345
Liabilities	'	'
Accounts payable	375	'
Loan payable to officer	605	605
Current liabilities	605	605
Total liabilities	980	605
Commitments and contingencies	'	'
Stockholders' deficit	'	'
Common Stock	3,305	3,305
Additional paid in capital	47,795	47,795
Accumulated deficit	-45,395	-5,360
Stockholders' deficit	5,705	45,740
Total liabilities and stockholders' deficit	$6,685	$46,345

Statement_of_Financial_Positio

Statement of Financial Position - Parenthetical (USD $)	Jun. 30, 2014	Jun. 30, 2013
Statement of Financial Position	'	'
Preferred Stock, Par Value	$0.00	$0.00
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par Value	$0.00	$0.00
Common Stock, Shares Authorized	65,000,000	65,000,000
Common Stock, Shares Issued	3,305,000	3,305,000
Common Stock, Shares Outstanding	3,305,000	3,305,000

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	7 Months Ended	12 Months Ended	19 Months Ended
	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2014
Operating expenses:	'	'	'
General and administrative	$5,360	$40,035	$45,395
Total operating expenses	5,360	40,035	45,395
Net loss	($5,360)	($40,035)	($45,395)
Basic and Diluted Loss Per Share	$0	($0.01)	($0.02)
Weighted average common shares outstanding - basic and diluted	1,509,293	3,305,000	2,686,891

STATEMENTS_OF_STOCKHOLDERS_EQU

STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Total Stockholders' Equity
Balance, Value at Dec. 05, 2012	'	'	'	'	'
Issuance of common stock for cash to officer, Value	$15,000	$1,500	$13,500	'	$15,000
Issuance of common stock for cash to officer, Shares	1,500,000	1,500,000	'	'	'
Issuance of common stock for cash to third party investors, Value	36,100	1,805	34,295	'	36,100
Issuance of common stock for cash to third party investors, Shares	1,805,000	1,805,000	'	'	'
Net loss (profit/loss)	'	'	'	-5,360	-5,360
Balance, Value at Jun. 30, 2013	'	3,305	47,795	-5,360	45,740
Balance, Shares at Jun. 30, 2013	3,305,000	3,305,000	'	'	'
Net loss (profit/loss)	'	'	'	-40,035	-40,035
Balance, Value at Jun. 30, 2014	'	$3,305	$47,795	($45,395)	$5,705
Balance, Shares at Jun. 30, 2014	3,305,000	3,305,000	'	'	'

STATEMENTS_OF_CASH_FLOWS

STATEMENTS OF CASH FLOWS (USD $)	7 Months Ended	12 Months Ended	19 Months Ended
	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2014
Operating activities:	'	'	'
Net loss	($5,360)	($40,035)	($45,395)
Other assets (increase/decrease)	'	-350	-350
Accounts payable (increase/decrease)	605	375	980
Net cash used in operating activities	-4,755	-40,010	-44,765
Financing activities:	'	'	'
Proceeds from the issuance of common stock	51,100	'	51,100
Net cash provided by financing activities	51,100	'	51,100
Net increase (decrease) in cash and cash equivalents	46,345	-40,010	6,335
Cash, beginning of period	'	46,345	'
Cash, end of period	$46,345	$6,335	$6,335

Note_1_Nature_of_Business

Note 1 Nature of Business	12 Months Ended
	Jun. 30, 2014
Notes	'
Note 1 Nature of Business	'
	Note 1 Nature of Business
	Business Overview
	Active With Me, Inc., (the “Company”), was incorporated in the State of Nevada on December 6, 2012 to create a web-based service that will offer travelers unique, relevant and user-friendly information on activity-based travel. Listings will be provided for product and service providers of interest to the activity-based traveler.
	The Company intends to maximize listings on the website, increase the value to the consumer, and provide potential advertisers with an ability to inexpensively feature their services to a very wide and targeted audience.
	Development Stage Company
	The Company has been in the development stage since its formation on December 6, 2012. It has primarily engaged in raising capital to carry out its business plan. The Company expects to continue to incur significant operating losses and to generate negative cash flow from operating activities while it develops its operating plan. The Company's ability to eliminate operating losses and to generate positive cash flows in the future will depend upon a variety of factors, many of which it is unable to control. If the Company is unable to implement its business plan successfully, it may not be able to eliminate operating losses, generate positive cash flow, or achieve or sustain profitability, which would materially adversely affect its business, operations, and financial results, as well as its ability to make payments on any obligations it may incur.
	The Company has not earned any revenue from operations since inception. Accordingly, the Company’s activities have been accounted for as those of a "Development Stage Enterprise" as set forth in ASC 915, "Development Stage Entities." Among the disclosures required by ASC 915, are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders' equity and cash flows disclose activity since the date of the Company's inception.

Note_2_Summary_of_Significant_

Note 2 Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2014
Notes	'
Note 2 Summary of Significant Accounting Policies	'
	Note 2 Summary of Significant Accounting Policies
	Cash
	Cash includes cash on deposit at banking institutions as well as highly liquid short-term investments, with original maturities of three months or less.
	Concentration of Risk
	As of June 30, 2014 the Company maintained its cash account at one commercial bank.  The cash balance at June 30, 2014 was within the FDIC coverage of deposits totaling $250,000 per owner.
	Risks and Uncertainties
	The Company intends to operate in an industry that is subject to rapid change. The Company’s operations will be subject to significant risk and uncertainties including financial, operational, technological, regulatory, and other risks associated with a development stage company, including the potential risk of business failure.
	Use of Estimates
	Our management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these financial statements in conformity with accounting principles generally accepted in the United States of America.
	Net Loss per Share
	Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. As of June 30, 2014 there were no common equivalent shares.
	Research and Development Costs
	The Company expenses research and development costs as incurred.

Note_3_Going_Concern

Note 3 Going Concern	12 Months Ended
	Jun. 30, 2014
Notes	'
Note 3 Going Concern	'
	Note 3 Going Concern
	The accompanying financial statements have been prepared on a going concern basis, which assumes the Company will realize its assets and discharge its liabilities in the normal course of business. As reflected in the accompanying financial statements, the Company, a Development Stage Company, has a deficit accumulated of $45,395 during the development stage as of June 30, 2014. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due.  Management’s plans include obtaining additional funds by equity financing through a reverse merger transaction and/or related party advances; however there is no assurance of additional funding being available. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might arise as a result of this uncertainty.

Note_4_Loan_Payable_To_Officer

Note 4 Loan Payable To Officer	12 Months Ended
	Jun. 30, 2014
Notes	'
Note 4 Loan Payable To Officer	'
	Note 4 Loan Payable to Officer
	On December 6, 2012, the Company received from its sole Director, President and shareholder, a loan of $605 which such proceeds were utilized to pay for initial organization costs of the Company.  The loan is not secured, has no specific maturity date and the loan is expected to be repaid from future proceeds received by the Company.  There are no other terms to the loan. The balance of the loan is $605 as of June 30, 2014 and June 30, 2013.

Note_5_Stockholders_Equity

Note 5 Stockholders' Equity	12 Months Ended
	Jun. 30, 2014
Notes	'
Note 5 Stockholders' Equity	'
	Note 5 Stockholders’ Equity
	Authorized Shares
	The Company’s Articles of Incorporation authorize the issuance of up to 10,000,000 shares of $0.001 par value preferred stock.  As of June 30, 2014, there is no preferred stock outstanding.
	The Company’s Articles of Incorporation authorize the issuance of up to 65,000,000 shares of $0.001 par value common stock. As of June 30, 2014, there are 3,305,000 shares of $0.001 par value common stock issued and outstanding.
	Issued and Outstanding Shares
	During the period from December 6, 2012, to June 30, 2013, the Company issued 1,500,000 shares of its $.001 par value common stock to its Director, Chief Executive Officer, and President for cash in the amount of $15,000.  There were no shares issued during the twelve months ended June 30, 2014.
	During the period from December 6, 2012, to June 30, 2013, the Company issued 1,805,000 shares of its $.001 par value common stock for cash in the amount of $36,100 to 35 individual accredited investors.

Note_6_Recent_Accounting_Prono

Note 6 Recent Accounting Pronouncements, Not Adopted	12 Months Ended
	Jun. 30, 2014
Notes	'
Note 6 Recent Accounting Pronouncements, Not Adopted	'
	Note 6 Recent Accounting Pronouncements, Not Adopted
	On June 10, 2014, the FASB issued ASU 2014-10, Development Stage Entities (Topic 915). The amendments in this update remove the definition of a development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows, and shareholder’s 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. Early adoption is permitted. The Company is evaluating the adoption of this accounting standard to determine what material impacts it may have on the financial statements and related disclosures.

Note_7_Subsequent_Events

Note 7 Subsequent Events	12 Months Ended
	Jun. 30, 2014
Notes	'
Note 7 Subsequent Events	'
	Note 7 Subsequent Events
	Management has evaluated events through September 28, 2014, the date that the accompanying financial statements were issued, for transactions and other events that may require adjustment and/or disclosure. No material events were identified that require adjustment to the financial statements or additional disclosure.

Note_1_Nature_of_Business_Busi

Note 1 Nature of Business: Business Overview (Policies)	12 Months Ended
	Jun. 30, 2014
Policies	'
Business Overview	'
	Business Overview
	Active With Me, Inc., (the “Company”), was incorporated in the State of Nevada on December 6, 2012 to create a web-based service that will offer travelers unique, relevant and user-friendly information on activity-based travel. Listings will be provided for product and service providers of interest to the activity-based traveler.
	The Company intends to maximize listings on the website, increase the value to the consumer, and provide potential advertisers with an ability to inexpensively feature their services to a very wide and targeted audience.

Note_1_Nature_of_Business_Deve

Note 1 Nature of Business: Development Stage Company (Policies)	12 Months Ended
	Jun. 30, 2014
Policies	'
Development Stage Company	'
	Development Stage Company
	The Company has been in the development stage since its formation on December 6, 2012. It has primarily engaged in raising capital to carry out its business plan. The Company expects to continue to incur significant operating losses and to generate negative cash flow from operating activities while it develops its operating plan. The Company's ability to eliminate operating losses and to generate positive cash flows in the future will depend upon a variety of factors, many of which it is unable to control. If the Company is unable to implement its business plan successfully, it may not be able to eliminate operating losses, generate positive cash flow, or achieve or sustain profitability, which would materially adversely affect its business, operations, and financial results, as well as its ability to make payments on any obligations it may incur.
	The Company has not earned any revenue from operations since inception. Accordingly, the Company’s activities have been accounted for as those of a "Development Stage Enterprise" as set forth in ASC 915, "Development Stage Entities." Among the disclosures required by ASC 915, are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders' equity and cash flows disclose activity since the date of the Company's inception.

Note_2_Summary_of_Significant_1

Note 2 Summary of Significant Accounting Policies: Cash (Policies)	12 Months Ended
	Jun. 30, 2014
Policies	'
Cash	'
	Cash
	Cash includes cash on deposit at banking institutions as well as highly liquid short-term investments, with original maturities of three months or less.

Note_2_Summary_of_Significant_2

Note 2 Summary of Significant Accounting Policies: Concentration of Risk (Policies)	12 Months Ended
	Jun. 30, 2014
Policies	'
Concentration of Risk	'
	Concentration of Risk
	As of June 30, 2014 the Company maintained its cash account at one commercial bank.  The cash balance at June 30, 2014 was within the FDIC coverage of deposits totaling $250,000 per owner.

Note_2_Summary_of_Significant_3

Note 2 Summary of Significant Accounting Policies: Risks and Uncertainties (Policies)	12 Months Ended
	Jun. 30, 2014
Policies	'
Risks and Uncertainties	'
	Risks and Uncertainties
	The Company intends to operate in an industry that is subject to rapid change. The Company’s operations will be subject to significant risk and uncertainties including financial, operational, technological, regulatory, and other risks associated with a development stage company, including the potential risk of business failure.

Note_2_Summary_of_Significant_4

Note 2 Summary of Significant Accounting Policies: Use of Estimates (Policies)	12 Months Ended
	Jun. 30, 2014
Policies	'
Use of Estimates	'
	Use of Estimates
	Our management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these financial statements in conformity with accounting principles generally accepted in the United States of America.

Note_2_Summary_of_Significant_5

Note 2 Summary of Significant Accounting Policies: Net Loss Per Share (Policies)	12 Months Ended
	Jun. 30, 2014
Policies	'
Net Loss Per Share	'
	Net Loss per Share
	Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. As of June 30, 2014 there were no common equivalent shares.

Note_2_Summary_of_Significant_6

Note 2 Summary of Significant Accounting Policies: Research and Development Costs (Policies)	12 Months Ended
	Jun. 30, 2014
Policies	'
Research and Development Costs	'
	Research and Development Costs
	The Company expenses research and development costs as incurred.

Note_3_Going_Concern_Details

Note 3 Going Concern (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013
Details	'	'
Accumulated deficit	$45,395	$5,360

Note_4_Loan_Payable_To_Officer1

Note 4 Loan Payable To Officer (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013
Details	'	'
Loan payable to officer	$605	$605

Note_5_Stockholders_Equity_Det

Note 5 Stockholders' Equity (Details) (USD $)	7 Months Ended
	Jun. 30, 2013	Jun. 30, 2014
Details	'	'
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, No Par Value	'	$0.00
Common Stock, Shares Authorized	65,000,000	65,000,000
Common Stock, Par Value	$0.00	$0.00
Common Stock, Shares Issued	3,305,000	3,305,000
Issuance of common stock for cash to officer, Shares	1,500,000	'
Issuance of common stock for cash to officer, Value	$15,000	'
Issuance of common stock for cash to third party investors, Shares	1,805,000	'
Issuance of common stock for cash to third party investors, Value	$36,100	'