Gop & Co2 10-K/A 4 Feb 16 2015 FY Annual report (amended) Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jul. 31, 2015	Nov. 13, 2015
Document And Entity Information
Entity Registrant Name	GOP & CO2, INC.
Entity Central Index Key	1,582,576
Document Type	10-K
Document Period End Date	Jul. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--07-31
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 Shares		$ 0
Entity Common Stock, Shares Outstanding		20,000,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

Balance Sheets

Balance Sheets - USD ($)	Jul. 31, 2015	Jul. 31, 2014
Current assets:
Cash	$ 1,109
Total current assets	1,109
Total assets	1,109
Current liabilities
Accounts payable - Related party	200
Accrued expenses	6,500	$ 2,000
Total current liabilities	6,700	2,000
Total liabilities	$ 6,700	$ 2,000
Stockholders' deficit:
Preferred Stock
Common Stock	$ 2,000	$ 2,000
Common Stock Payable	4,701
Additional paid-in capital	(12,096)	$ 3,544
Accumulated deficit	(24,388)	(7,544)
Total stockholders' deficit	(5,591)	$ (2,000)
Total liabilities and stockholders' deficit	$ 1,109

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Jul. 31, 2015	Jul. 31, 2014
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued and outstanding	20,000,000	20,000,000
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, issued and outstanding	0	0

Stockholders' Equity

Stockholders' Equity - 12 months ended Jul. 31, 2015 - USD ($)	Common Stock	Common Stock Value	Common Stock Payable	Additional Paid-In Capital	Retained Earnings / Accumulated Deficit	Total
Common Stock Payable			$ 4,701			$ 4,701
Net Loss					$ (16,844)	(16,844)
Contributed Expenses				$ 8,552		8,552
Balance at Year End	$ 20,000,000	$ 2,000	$ 4,701	$ 12,096	$ (24,388)	$ (5,591)

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Income Statement [Abstract]
Revenues
General & Administrative Expenses:
Professional fees	$ 15,800	$ 3,300
General and Administrative Expenses	1,044
Total General & Administrative Expenses	16,844	$ 3,300
Net Loss Before Income Taxes	(16,844)	(3,300)
Net Loss	$ (16,844)	$ (3,300)
Basic loss per common share	$ 0	$ 0
Basic weighted average common shares outstanding	20,000,000	20,000,000

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Cash Flows From Operating Activities
Net Loss	$ (16,844)	$ (3,300)
Adjustments to reconcile net loss to net cash (used in) operating activities:
Expenses contributed to capital	$ 8,552	3,544
Prepaid expenses		2,000
Accounts payable-related party	$ 200	$ (2,244)
Accrued expenses	4,500
Net cash used in operating activities	(3,592)
Cash Flows From Financing Activities
Proceeds from common stock payable	4,701
Net cash provided by financing activities	4,701
Net increase in cash and cash equivalents	1,109
Cash and cash equivalents at end of year	$ 1,109
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest
Cash paid for income taxes

NOTE 1. ORGANIZATION AND DESCRI

NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS	12 Months Ended
	Jul. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS GOP & CO2, Inc. (the “Company”) was incorporated under the laws of the State of Delaware on July 22, 2013, with an objective to acquire, or merge with, an operating business. As of July 31, 2015 there was a change in control, resulting in a name change from Go Public I, Inc. to GOP & CO2, Inc. and a change in shareholders.

NOTE 2. SUMMARY OF SIGNIFICANT

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jul. 31, 2015
Accounting Policies [Abstract]
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION. The Financial Statements and related disclosures have been prepared pursuant to the rules and regulations of the SEC. The Financial Statements have been prepared using the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted a July 31 fiscal year end. (See Note 3, Going Concern, regarding the assumption that the Company is a “going-concern”). SHELL COMPANY STATUS. We are considered a shell company as defined in Rule 12b-2 of the Exchange Act. Rule 12b-2 of the Exchange Act defines a “shell company” as a registrant that has no or nominal assets; and either: no or nominal assets; assets consisting solely of cash and cash equivalents; or assets consisting of any amount of cash and cash equivalents and nominal other assets Our shell company status prevents investor from reselling our shares under Rule 144(i) unless and until 12 months after we are no longer considered a shell company. We caution investors as to the highly illiquid nature of an investment in our shares. USE OF ESTIMATES. The preparation of financial statements in conformity with accounting principles generally accepted in the United States 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 as well as the reported amount of revenues and expenses during the reporting period. Actual results could differ from these estimates. Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern. FISCAL YEAR END. The Company elected July 31st as its fiscal year ending date. CASH AND CASH EQUIVALENTS. For the purpose of the financial statements cash equivalents include all highly liquid investments with maturity of three months or less. Cash and cash equivalents were $1,109 and $0 at July 31, 2015 and 2014, respectively. CASH FLOWS REPORTING. The Company follows ASC 230, Statement of Cash Flows currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period. COMMITMENTS AND CONTINGENCIES. The Company follows ASC 450-20 , Loss Contingencies DEFERRED INCOME TAXES AND VALUATION ALLOWANCE. The Company accounts for income taxes under ASC 740, Income Taxes A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. No deferred tax assets or liabilities were recognized at July 31, 2015 and 2014. The Company files income tax returns in the United States which are subject to examination by tax authorities in these jurisdictions. Generally, three years of returns remain subject to examination by major tax jurisdictions. The state impact, if any, of any federal changes to prior year remains subject to examination for a period of up to five years after formal notification to the states. The Company has evaluated tax positions in accordance with ASC 740, Income Taxes, EARNINGS (LOSS) PER SHARE. The Company computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share FINANCIAL INSTRUMENTS. The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. ASC 820, Fair Value Measurements and Disclosures · 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. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of July 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

NOTE 3. GOING CONCERN

NOTE 3. GOING CONCERN	12 Months Ended
	Jul. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NOTE 3. GOING CONCERN	NOTE 3 - GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically, recurring operating losses, working capital deficiencies, negative cash flows from operating activities, and other adverse key financial ratios. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern.

NOTE 4. PREPAID EXPENSE

NOTE 4. PREPAID EXPENSE	12 Months Ended
	Jul. 31, 2015
Notes to Financial Statements
NOTE 4. PREPAID EXPENSE	NOTE 4 - PREPAID EXPENSE Prepaid expense totaled $0 at July 31, 2015 2014.

NOTE 5. COMMITMENTS AND CONTING

NOTE 5. COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Jul. 31, 2015
Notes to Financial Statements
NOTE 5. Commitments and Contingencies	NOTE 5—COMMITMENTS AND CONTINGENCIES Litigation The Company is not presently involved in any litigation. Lease Obligations At July 31, 2015, the Company does not have any capital or operating leases.

NOTE 6. STOCKHOLDERS' EQUITY

NOTE 6. STOCKHOLDERS' EQUITY	12 Months Ended
	Jul. 31, 2015
Equity [Abstract]
NOTE 6. STOCKHOLDERS' EQUITY	NOTE 6—STOCKHOLDER’S EQUITY The capitalization of the Company consists of the following classes of capital stock as of July 31, 2015: Common stock, $0.0001 par value: 500,000,000 shares authorized; 20,000,000 shares issued and outstanding.Holders of shares of common stock are entitled to one vote per share; voting rights are not cumulative.

NOTE 7. RELATED PARTY TRANSACTI

NOTE 7. RELATED PARTY TRANSACTIONS	12 Months Ended
	Jul. 31, 2015
Related Party Transactions [Abstract]
NOTE 7. RELATED PARTY TRANSACTIONS	NOTE 7 - RELATED PARTY TRANSACTIONS Accounts payable At July 31, 2015 and 2014 the company had a related-party payable in the amount of $200 to its sole officer/sole director/controlling shareholder and $0 to its sole officer, director, and shareholder. Equity During the period ending July 31, 2015 expenses totaling $8,552 were paid by our sole officer and shareholder and are considered contributions to capital. On July 29, 2013, the Company issued 20,000,000 of its $0.0001 par value common stock at $0.0001 per share and totaling $2,000 to the sole officer, director and shareholder of the Company in exchange for developing the Company’s business concept and plan.

NOTE 8. INCOME TAXES

NOTE 8. INCOME TAXES	12 Months Ended
	Jul. 31, 2015
Income Tax Disclosure [Abstract]
NOTE 8. INCOME TAXES	NOTE 8 - INCOME TAXES The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. As of July 31, 2015 and 2014, the Company has incurred net losses of $24,388 and $7,544 resulting in a net operating loss for income tax purposes. The utilization of these NOLs may become subject to limitations based on past and future changes in ownership of the Company pursuant to Internal Revenue Code Section 382. NOLs begin expiring in 2033. The loss results in a deferred tax asset of approximately $8,300 at the effective statutory rate of 35%. The deferred tax asset has been off-set by an equal valuation allowance. July 31, 2015 Deferred tax asset, generated from net operating loss at statutory rates: $ 8,500 Valuation allowance: $ (8,500) Total: $ - July 31, 2014 Deferred tax asset, generated from net operating loss at statutory rates: $ 2,600 Valuation allowance: $ (2,600) Total: $ - The reconciliation of the effective income tax rate to the federal statutory rate is as follows: Federal income tax rate: 35% Increase in valuation allowance (35%) Effective income tax rate 0.0%

NOTE 9. SUBSEQUENT EVENTS

NOTE 9. SUBSEQUENT EVENTS	12 Months Ended
	Jul. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
NOTE 9. SUBSEQUENT EVENTS	NOTE 9 - SUBSEQUENT EVENTS Management has evaluated subsequent events through the date the financial statements were issued. Based on our evaluation no events have occurred requiring adjustment or disclosure.

NOTE 6. STOCKHOLDERS' EQUITY (D

NOTE 6. STOCKHOLDERS' EQUITY (Details Narrative) - $ / shares	Jul. 31, 2015	Jul. 31, 2014
Note 5. Shareholders Equity Details Narrative
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	20,000,000	20,000,000
Common stock, shares outstanding	20,000,000	20,000,000
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0

Uncategorized Items - gopco2-20

Label	Element	Value
Net Loss	us-gaap_ProfitLoss	$ (3,300)
Net Loss	us-gaap_ProfitLoss	$ (4,244)
Shares Issued During Period	us-gaap_StockIssuedDuringPeriodSharesOther	2,000
Balance at Year End	gopco2_Balance	$ (2,000)
Balance at Year End	gopco2_Balance	(2,244)
Cash and Cash Equivalents, at Carrying Value	us-gaap_CashAndCashEquivalentsAtCarryingValue	1,470
Contributed Expenses	gopco2_Contributedexpenses	3,544
Additional Paid-In Capital
Balance at Year End	gopco2_Balance	3,544
Contributed Expenses	gopco2_Contributedexpenses	$ 3,544
Common Stock
Shares Issued During Period	us-gaap_StockIssuedDuringPeriodSharesOther	20,000,000
Balance at Year End	gopco2_Balance	$ 20,000,000
Balance at Year End	gopco2_Balance	$ 20,000,000
Common Stock Value
Shares Issued During Period	us-gaap_StockIssuedDuringPeriodSharesOther	2,000
Balance at Year End	gopco2_Balance	$ 2,000
Balance at Year End	gopco2_Balance	2,000
Accumulated Deficit
Net Loss	us-gaap_ProfitLoss	(3,300)
Net Loss	us-gaap_ProfitLoss	(4,244)
Balance at Year End	gopco2_Balance	(7,544)
Balance at Year End	gopco2_Balance	$ (4,244)