Pulse Evolution (PLFX) 10-K 10 Oct 14 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Jun. 30, 2014	Oct. 07, 2014	Dec. 31, 2013
Document And Entity Information	'	'	'
Entity Registrant Name	'Pulse Evolution Corp	'	'
Entity Central Index Key	'0001583138	'	'
Document Type	'10-K	'	'
Document Period End Date	30-Jun-14	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--06-30	'	'
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	'	'	$0
Entity Common Stock, Shares Outstanding	'	120,458,716	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2014	'	'

Balance_Sheets

Balance Sheets (USD $)	Jun. 30, 2014	Jun. 30, 2013
Current assets:	'	'
Cash	'	$15,070
Total current assets	'	15,070
Total assets	0	15,070
Current liabilities:	'	'
Accounts payable and accrued liabilities	9,311	5,000
Total current liabilities	9,311	5,000
Stockholders' equity (deficit):	'	'
Preferred stock, 100,000,000 shares authorized at par value of $0.001 per share, 0 issued and outstanding at June 30, 2014 and 2013	'	'
Common stock, 300,000,000 shares authorized at par value of $0.001 per share, 73,800,040 and 60,000,000 issued and outstanding at June 30, 2014 and 2013, respectively (as restated for change in par value and 1 for 10 forward stock split)	73,800	60,000
Additional paid-in capital (Discount on capital stock)	-13,200	-42,000
Accumulated deficit	-69,911	-7,930
Total stockholders, deficit	-9,311	10,070
Total liabilities and stockholders' deficit	$0	$15,070

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2014	Jun. 30, 2013
Statement of Financial Position [Abstract]	'	'
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	300,000,000	300,000,000
Common stock, par value	$0.00	$0.00
Common stock, shares issued	73,800,040	60,000,000
Common stock, shares outstanding	73,800,040	60,000,000

Statements_of_Operations

Statements of Operations (USD $)	2 Months Ended	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2014
Income Statement [Abstract]	'	'
Revenues	'	'
Cost of sales	'	'
Gross margin	0	0
Operating expenses	'	'
General and administrative	7,930	41,181
Research and development	'	20,800
Total operating expenses	7,930	61,981
Net operating loss	($7,930)	($61,981)
Basic and diluted loss per share	$0	$0
Weighted average number of shares outstanding - Basic and Diluted (as restated for the 1 for 10 forward stock split)	60,000,000	64,192,895

Statements_of_Operations_Paren

Statements of Operations (Parenthetical)	0 Months Ended	12 Months Ended
	Jun. 23, 2014	Jun. 30, 2014
Income Statement [Abstract]	'	'
Forward stock split	'	'
	1 for 10 forward stock split	1 for 10 forward stock split

Statements_of_Stockholders_Equ

Statements of Stockholders' Equity (Deficit) (USD $)	Common Stock [Member]	Additional Paid-In Capital (Discount On Capital Stock) [Member]	Accumulated Deficit [Member]	Total
Balance at May. 31, 2013	'	'	'	'
Balance, Shares at May. 31, 2013	'	'	'	'
Common shares issued for cashat $0.001 per share	60,000	-42,000	'	18,000
Common shares issued for cashat $0.001 per share, Shares	60,000,000	'	'	'
Net loss	'	'	-7,930	-7,930
Balance at Jun. 30, 2013	60,000	-42,000	-7,930	10,070
Balance, Shares at Jun. 30, 2013	60,000,000	'	'	'
Common shares issued for cashat $0.001 per share	13,800	28,800	'	42,600
Common shares issued for cashat $0.001 per share, Shares	13,800,040	'	'	'
Net loss	'	'	-61,981	-61,981
Balance at Jun. 30, 2014	$73,800	($13,200)	($69,911)	($9,311)
Balance, Shares at Jun. 30, 2014	73,800,040	'	'	'

Statements_of_Stockholders_Equ1

Statements of Stockholders' Equity (Deficit) (Parenthetical) (USD $)	Jun. 30, 2014	Jun. 30, 2013
Statement of Stockholders' Equity [Abstract]	'	'
Shares issued for cash price per share	$0.00	$0.00

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	1 Months Ended	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2014
Operating activities	'	'
Net loss	($7,930)	($61,981)
Changes in operating assets and liabilities:	'	'
Increase in accounts payable and accrued expenses	5,000	4,311
Net cash used in operating activities	-2,930	-57,670
Investing activities	'	'
Financing activities	'	'
Proceeds from issuance of common stock	18,000	42,600
Net cash provided by financing activities	18,000	42,600
Net (decrease) increase in cash	15,070	-15,070
Cash at beginning of period	'	15,070
Cash at end of period	$15,070	'

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Summary Of Significant Accounting Policies	'
	1. Summary of Significant Accounting Policies
	Nature of Business
	Pulse Evolution Corporation was incorporated on May 31, 2013 under the laws of the State of Nevada under the name QurApps, Inc. During fiscal 2014, the Company was planning on developing a mobile software food recipe app until the Company’s controlling shareholder sold his interest in the Company on May 15, 2014. In anticipation of this change of control, the Company changed its name to Pulse Evolution Corporation effective May 8, 2014.
	The Company is in the early stages of becoming a creatively driven, digital production and intellectual property company that expects to produce specialized, high-impact applications of computer-generated human likeness for utilization in entertainment, life sciences, education and telecommunication. Founded by leading producers of photorealistic digital humans, the Company plans to develop “virtual humans” for live and holographic concerts, advertising, feature films, branded content, medical applications and training. The Company’s business model is focused on participation in intellectual property through the development, production and ownership of entertainment properties featuring globally recognized animated virtual performers and through multi-year revenue-share relationships with living celebrities and late celebrity estates. In May 2014, the Company signed a letter of intent to exchange at least a majority of its unissued shares of common stock for 100% of the outstanding common stock of Pulse Entertainment Corporation, a related party (“Pulse Entertainment”). Pulse Entertainment is engaged in the business the Company plans to pursue. In late 2013, Pulse Entertainment entered into a multi-year agreement with the estate of Michael Jackson to produce a photo-realistic digital likeness of the late celebrity and to participate in a share of revenues that could be realized through performances of the ‘Virtual Michael Jackson’ in diverse entertainment and media applications. In August 2014, the Company entered into a multi-year agreement with Authentic Brands Group, the principal owner of rights related to the estate of the late celebrity Elvis Presley to produce a photo-realistic digital likeness of the late celebrity and to participate in a share of revenues that could be realized through performances of the ‘Virtual Elvis Presley’ in diverse entertainment and media applications. In October 2014, the Company entered into a multi-year agreement with Authentic Brands Group, the principal owner of rights related to the estate of the late celebrity Marilyn Monroe to produce a photo-realistic digital likeness of the late celebrity and to participate in a share of revenues that could be realized through performances of the ‘Virtual Marilyn Monroe’ in diverse entertainment and media applications.
	Effective on June 23, 2014, the Company amended and restated its articles of incorporation filed with the Secretary of State of the State of Nevada in order to effectuate an increase in the number of authorized shares of common stock, from 75,000,000 to 300,000,000, change in par value from $0.003 to $0.001 per share, increase the authorized blank check preferred stock to 100,000,000 shares and effectuate a 1 for 10 forward stock split of our issued and outstanding common stock (the “Forward Stock Split”). As a result of the Forward Stock Split, every 1 share of our pre-Forward Split common stock was increased and reclassified into 10 shares of our common stock. All references to shares of our common stock in these notes to financial statements refer to the number of shares of common stock after giving effect to the Forward Stock Split (unless otherwise indicated).
	Basis of Presentation
	These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. The Company’s fiscal year-end is June 30.
	Use of Estimates
	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 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.
	Liquidity
	The Company has, since its inception in May of 2013, been highly dependent on raising capital to fund its start-up and growth strategies. To date, the Company has raised capital from the sales of its common stock without restrictive covenants from institutional investors and strategic partners (See Note 7 - Capitalization). On September 30, 2014, the Company and Pulse Entertainment Corporation (“Pulse Entertainment”), a related party, completed an initial closing under the terms of a share exchange agreement they entered into whereby the Pulse Entertainment became a subsidiary of the Company.
	The Company’s core business is the acquisition from estates and other rights holders of certain intellectual property rights to create virtual celebrities, and the right to present, and license to others to present, those virtual performers in live, and a variety of live-virtual and commercial formats.
	In execution of its business plan, the Company has chosen to pursue a model whereby it provides virtual performers for appearances and collects royalties when the Company has an ownership interest in the intellectual property rights for the virtual performer (the “Talent Model”). Under the Talent Model, the Company may permit other producers to create performances that make use of virtual performers created by the Company.
	The Company is also exploring and developing opportunities to act as a producer of events (the “Producer Model”), thereby enabling the company to exert significant creative and technological control over the performance productions, and to capture significantly greater portions of the realizable economic value created by the virtual performance.
	The Company may in the future execute its business plan using a blend of the Talent and Producer Models. Under both models, the Company expects to earn services revenues on all digital construction, animation, and production services that it provides, plus royalties when the work involves intellectual property rights held by the Company. Under both models, the Company has significant discretion to determine to what extent the creative and production resources, which are primarily labor costs, are engaged on an as-needed basis for each project or production (“Contract Talent”), and to what extent the Company carries a concentration of creative and production resources in-house (“In-House Talent”).
	While execution of the Producer Model enables the Company to capture more of the value created by the virtual performers, it also requires the Company to raise significant amounts of production capital, which is similar to project financed equity or non-recourse debt into production subsidiaries. Executing this model with In-house Talent gives the Company certain strategic advantages and flexibility in the development of new concepts and application of new technologies, yet it also requires a higher employee headcount and the related operating overhead.
	Our Company’s ability to fund our operations and meet our obligations on a timely basis is dependent on our ability to match our available financial resources to our operating model (Talent vs. Producer) and our execution strategy (Contract Talent vs. In-House Talent). The decisions the Company makes with regard to operating model and execution strategy drive the level of capital required and the level of its financial obligations.
	If the Company is unable to generate cash flow from operations and successfully raise sufficient additional capital through future debt and equity financings or strategic and collaborative ventures with potential partners, the Company would likely have to reduce its dependence on In-House Talent and limit many, if not all, of its activities as a producer.
	The Company has analyzed its liquidity requirements and has determined that it has sufficient liquidity to execute its business plan under the Talent Model for the next 12 months.
	Revenue Recognition
	We have entered into a production services agreement with the estate of a deceased celebrity that provide revenues based on certain production services. Revenue is recognized on a straight-line basis over each contract period, as defined in each agreement. As the production services are rendered, revenue is recognized.
	Cash
	The Company’s cash consists of funds deposited in bank accounts.
	Income Taxes
	The Company uses the asset and liability method of accounting for income taxes. Under this method, deferred income taxes are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to be applied to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred taxes of a change in tax rates is recognized in income in the period that includes the enactment date.
	Foreign Currency Translation
	The Company has adopted the US dollar as its functional and reporting currency because most of its transactions are denominated in US currency.
	Fair Value of Financial Instruments
	ASC Topic 820, Fair Value Measurements and Disclosures, establishes a three level fair value hierarchy that requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs used to measure fair value are as follows:
	Level 1: Observable inputs such as quoted prices in active markets;
	Level 2: Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and
	Level 3: Unobservable inputs in which there is little or no market data and require the reporting entity to develop its own assumptions.
	The carrying amount of receivables and accounts payable approximates fair value due to the short-term nature of these instruments.
	Earnings per Share
	The basic earnings (loss) per share is calculated by dividing the Company’s net income available to common stockholders by the weighted average number of common shares during the year. The diluted earnings (loss) per share is calculated by dividing the Company’s net income (loss) available to common stockholders 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 options or warrants or similar securities since inception.
	Recent Accounting Pronouncements
	On May 28, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-09 (ASU 2014-09), Revenue from Contracts with Customers. ASU 2014-09 will eliminate transaction- and industry-specific revenue recognition guidance under current U.S. GAAP and replace it with a principle based approach for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for reporting periods beginning after December 15, 2016, and early adoption is not permitted. Entities can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. Management is currently evaluating the impact, if any, on adopting ASU 2014-09 on our results of operations or financial condition.

Income_Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2014
Income Taxes	'
Income Taxes	'
	2. Income Taxes
	The Company utilizes the liability method of accounting for deferred income taxes. Under this method, deferred tax liabilities and assets are recognized for the expected future tax consequences of temporary differences between the carrying amounts and the tax basis of assets and liabilities. A valuation allowance is established against deferred tax assets because, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The Company’s policy is to record interest and penalties on uncertain tax positions as income tax expense. As of June 30, 2014, the Company does not believe any material uncertain tax positions are present. Accordingly, interest and penalties have not been accrued due to an uncertain tax position and the fact the Company has reported tax losses since inception.
	Deferred income taxes reflect the net effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.
	A reconciliation of the statutory U.S. federal rate to the Company’s effective tax rate is as follows:
		30-Jun-14			From inception on
					31-May-13
					through
					30-Jun-13
	U.S. federal statutory income tax rate		34	%		34	%
	State taxes, net of federal benefit		3.6	%		-
	Change in valuation allowance		(37.6	)%		(34.0	)%
	Effective tax rate		0	%		0	%
	The components of the net deferred tax asset/ (liability) as of June 30, 2013 and June 30, 2014 is as follows:
		30-Jun-14			From inception on
					31-May-13
					through
					30-Jun-13
	Net federal operating loss carry forward	$	23,770		$	2,696
	Net state operating loss carry forward		2,250			-
	Net deferred tax assets before valuation allowance		26,020			2,696
	Valuation allowance		(26,020	)		(2,696	)
	Net deferred tax assets after valuation allowance	$	-		$	-
	The Company has determined, based upon the weight of available evidence, that it is more likely than not that the net deferred tax asset will not be realized and, accordingly, has provided a full valuation allowance against it.
	As of June 30, 2014, the Company has federal net operating loss carry forward of approximately $69,911 and has state net operating loss carry forward of $61,981. The federal and state net operating loss carry forwards will expire, if not utilized, by 2033. Utilization of the net operating loss carry forward may be subject to an annual limitation due to the ownership change limitations provided by Section 382 of the Internal Revenue Code of 1986, as amended and similar state provisions.
	The Company is not currently under examination at the Federal and state levels. Currently only the period from May 31, 2013 (inception) to June 30, 2014 is subject to examination. At the date of the financial statements there were no known assessments.

Litigation

Litigation	12 Months Ended
	Jun. 30, 2014
Litigation	'
Litigation	'
	3. Litigation
	On May 29, 2014, Hologram USA, Inc., Musion Das Hologram Limited and Uwe Maass (the “Plaintiffs”) filed an amended complaint in the U.S. District Court for the District of Nevada (Case No. 2:14-cv-00772-GMN-NJK). The complaint alleges that Plaintiffs own, or control, certain patents related to the projection illusion technique, historically known as “Pepper’s Ghost.” The Plaintiffs further allege that Pulse Evolution Corporation, Pulse Entertainment Corporation, John Textor, Dick Clark Productions, Inc., John Branca and John McClain, as executors of the Estate of Michael J. Jackson, MJJ Productions, Inc. Musion Events, Ltd. Musion 3D, Ltd., William James Rock and Ian Christopher O’Connell (collectively, the “Defendants”) infringed on the Plaintiffs’ patent rights by using the Plaintiffs’ projection illusion system to project the visual imagery developed and conceived by our company in connection with the a musical performance at the 2014 Billboard Music Awards in Las Vegas Nevada featuring an image of the late Michael Jackson. The Plaintiffs have not alleged that the Company’s core business, the production of visual effects or human animation imagery infringes their intellectual property rights. The complaint sought an order of the Court temporarily and permanently enjoining the Defendants from carrying out the Michael Jackson performance, a judgment for infringement, damages, attorneys’ fees and costs. The Plaintiffs’ Emergency Motion for Temporary Restraining Order filed in connection with its May 15, 2014 complaint was denied on May 16, 2014 as the Court found that the Plaintiffs’ failed to establish that they are likely to succeed on the merits of their patent infringement claims and that they are likely to suffer irreparable harm.
	The Company believes that its claims and defenses in this case are substantial because the visual imagery the Company develops and conceives is distinct from the Plaintiffs’ projection system allowing the Company to use a variety of projection systems in its productions. Litigation is, however, inherently unpredictable. The outcome of this lawsuit is subject to significant uncertainties and, therefore, determining the likelihood of a loss and/or the measurement of any loss is complex. Consequently, the Company is unable to estimate the range of reasonably possible loss. The Company’s assessments are based on estimates and assumptions that have been deemed reasonable by management, but the assessment process relies heavily on estimates and assumptions that may prove to be incomplete or inaccurate, and unanticipated events and circumstances may occur that might cause the Company to change those estimates and assumptions.
	The Company is involved from time to time in routine litigation arising in the ordinary course of conducting its business. In the opinion of the Company’s management, no pending routine litigation will have a material adverse effect on the Company’s financial condition, results of operations or cash flows.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	4. Related-Party Transactions
	The Company’s officers and directors are involved in other business activities and in the future, such persons may face a conflict in selecting between the Company and their other business interests. The Company has not formulated a policy for the resolution of such conflicts.
	On May 31, 2013, the Company offered and sold 60,000,000 shares of common stock, restated for the 1 for 10 forward stock split, to Alon Nigri, the President, Secretary and a Director at May 31, 2013, at a purchase price of $0.003 per share, for aggregate proceeds of $18,000.

Earnings_Loss_Per_Share

Earnings (Loss) Per Share	12 Months Ended
	Jun. 30, 2014
Earnings Loss Per Share	'
Earnings (Loss) Per Share	'
	5. Earnings (Loss) Per Share
	Earnings (loss) per share is calculated in accordance with ASC 260. Basic earnings (loss) per share is computed by dividing net income (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares plus the dilutive effect of outstanding stock options under the Company’s equity incentive plans and warrants. For the year ended June 30, 2014 and the period from inception of May 31, 2013 through June 30, 2013, diluted net loss per common share is the same as basic net loss per share, since there are no dilutive securities outstanding.
	The net loss and weighted average common stock outstanding for purposes of calculating net loss per common share were computed as follows:
		For the year ended			From inception on
		30-Jun-14			31-May-13
					through June 30, 2013
					(as restated for 10:1
					forward stock split)
	Net loss	$	61,981		$	7,930
	Weighted average number of common shares outstanding used in computing basic and diluted earnings per share		64,192,895			60,000,000
	Basic and diluted earnings (loss) per share	$	(0.00	)	$	(0.00	)

Capitalization

Capitalization	12 Months Ended
	Jun. 30, 2014
Capitalization	'
Capitalization	'
	6. Capitalization
	On June 23, 2014, the Company changed its par value of $0.003 to $0.001 per share and effected a 1 for 10 forward stock split of its issued shares of common stock, all common shares and par values outstanding were retroactively restated for all periods presented.
	On May 15, 2014, Alon Nigri, our controlling stockholder at the time, former Chief Executive Officer and former sole director (the “Seller”), entered into and closed on a Share Purchase Agreement (the “Agreement”) with, Tradition Studios IP Acquisition LLC, (Alternative)2 Holding AG, and Scenic Loop Holding, LLC (each a “Purchaser” and collectively, the “Purchasers”) whereby the Purchasers purchased from the Seller a total of 53,612,600 shares of our common stock for an aggregate of $107,225, representing approximately 80.68% of our issued and outstanding shares of common stock. The Purchasers own or control as a group, Pulse Entertainment.
	On May 31, 2013 (inception) the Company issued 60,000,000 shares of common stock to its former President for cash of $18,000. On March 5, 2014, the Company issued 13,800,040 shares of common stock to various third party shareholders for cash of $42,600.

Subsequent_Events

Subsequent Events	12 Months Ended
	Jun. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	7. Subsequent Events
	In July 2014, the Company entered into a consulting services agreement with its Chief Financial Officer (“CFO”) to provide certain financial management services effective for a period of ten months. Under the terms of the consulting agreement, the Company is obligated to pay the CFO $90,000. The Company granted 2,769,246 shares of common stock to the CFO in lieu of the cash payment.
	In July, the Company entered into an Investor Introduction Agreement (“the II Agreement”) with an international advisory services group (“the Advisor”). The Advisor is to support the Company in its fund raising process through introductions of potential investors and to assist the Company in developing a coherent investor relations strategy. The II Agreement calls for the Advisor to be paid a success fee in cash equal to up to eleven percent of all investments introduced by the Advisor through September 30, 2014, subsequent to that date the fee for any such transactions is permanently reduced to five percent. In addition the Advisor shall be entitled to shares equal to three percent of the underlying shares issued in any such transactions.
	In August 2014, the Company’s board of directors approved payments of director fees for fiscal year 2015. All director fees totaling $100,000 were paid as of October 7, 2014 the date at which the financial statements were available.
	In August 2014, the Company entered into a multi-year agreement with ABG EPE IP, LLC (“ABG”) to develop for ABG entertainment projects to utilize a realistic computer-generated image of Elvis Presley. The likeness will be used to create entertainment and branding revenue opportunities for us, generated from holographic performances in live shows and commercials. ABG holds the likeness, appearance, and publicity rights of Elvis Presley.
	In September 2014, the Company entered into an exclusive financial services and advisory agreement with a consultant to assist the Company in its capital market strategies. Under the terms of the agreement, the Company is to pay the consultant three non-refundable monthly payments of $30,000, and quarterly restricted stock grants equal to one-half of one percent of the outstanding shares of common stock of the Company each quarter to a maximum of two and one-half percent of the outstanding shares of common stock. The agreement also calls for a ten percent fee in the event that a qualified financing transaction, as defined in the agreement, is closed. The fee is payable equally in cash and stock.
	The Company entered into a share exchange agreement on September 26, 2014 (the “Share Exchange Agreement”) with Pulse Entertainment Corporation (“Pulse Entertainment”) in which the Company agreed to issue up to 58,362,708 shares of its unregistered common stock, $0.001 par value (the “Common Stock”) to the shareholders of Pulse Entertainment holding 21,535,252 shares of its issued and outstanding common stock (the “Share Exchange”), such shares representing 100% of the issued and outstanding common stock of Pulse Entertainment. Upon closing of the transaction, Pulse Entertainment will become a subsidiary of our company and the total shares of common stock outstanding are expected to be 137,017,748.
	On September 30, 2014, the Company completed the initial closing under the Share Exchange Agreement pursuant to which it agreed to issue 35,827,309 shares of its unregistered Common Stock, net of cancellations, to the shareholders of Pulse Entertainment in exchange for 17,466,383 shares of its common stock. As part of the Share Exchange, certain of the Company’s shareholders who are also shareholders of Pulse Entertainment agreed to cancel 60,910,113 shares of the Company’s common stock issuable to them in connection with the Share Exchange. Upon completion of the initial closing, Pulse Entertainment became a subsidiary of the Company in which the Company owns an 81.11% interest. The remaining 4,068,869 shares of Pulse Entertainment common stock may be exchanged by the Pulse Entertainment Shareholders pursuant to the Share Exchange Agreement for 22,535,399 shares of the Company’s unregistered common stock no later than October 31, 2014. In the event these shares are exchanged, Pulse Entertainment will become a wholly owned subsidiary of the Company.
	In October 2014, the Company entered into a multi-year agreement with the Monroe Estate to develop for the Monroe Estate entertainment projects to utilize a realistic computer-generated image of Marilyn Monroe. The likeness will be used to create entertainment and branding revenue opportunities for us, generated from holographic performances in live shows and commercials. The Monroe Estate holds the likeness, appearance, and publicity rights of Marilyn Monroe.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Nature of Business	'
	Nature of Business
	Pulse Evolution Corporation was incorporated on May 31, 2013 under the laws of the State of Nevada under the name QurApps, Inc. During fiscal 2014, the Company was planning on developing a mobile software food recipe app until the Company’s controlling shareholder sold his interest in the Company on May 15, 2014. In anticipation of this change of control, the Company changed its name to Pulse Evolution Corporation effective May 8, 2014.
	The Company is in the early stages of becoming a creatively driven, digital production and intellectual property company that expects to produce specialized, high-impact applications of computer-generated human likeness for utilization in entertainment, life sciences, education and telecommunication. Founded by leading producers of photorealistic digital humans, the Company plans to develop “virtual humans” for live and holographic concerts, advertising, feature films, branded content, medical applications and training. The Company’s business model is focused on participation in intellectual property through the development, production and ownership of entertainment properties featuring globally recognized animated virtual performers and through multi-year revenue-share relationships with living celebrities and late celebrity estates. In May 2014, the Company signed a letter of intent to exchange at least a majority of its unissued shares of common stock for 100% of the outstanding common stock of Pulse Entertainment Corporation, a related party (“Pulse Entertainment”). Pulse Entertainment is engaged in the business the Company plans to pursue. In late 2013, Pulse Entertainment entered into a multi-year agreement with the estate of Michael Jackson to produce a photo-realistic digital likeness of the late celebrity and to participate in a share of revenues that could be realized through performances of the ‘Virtual Michael Jackson’ in diverse entertainment and media applications. In August 2014, the Company entered into a multi-year agreement with Authentic Brands Group, the principal owner of rights related to the estate of the late celebrity Elvis Presley to produce a photo-realistic digital likeness of the late celebrity and to participate in a share of revenues that could be realized through performances of the ‘Virtual Elvis Presley’ in diverse entertainment and media applications. In October 2014, the Company entered into a multi-year agreement with Authentic Brands Group, the principal owner of rights related to the estate of the late celebrity Marilyn Monroe to produce a photo-realistic digital likeness of the late celebrity and to participate in a share of revenues that could be realized through performances of the ‘Virtual Marilyn Monroe’ in diverse entertainment and media applications.
	Effective on June 23, 2014, the Company amended and restated its articles of incorporation filed with the Secretary of State of the State of Nevada in order to effectuate an increase in the number of authorized shares of common stock, from 75,000,000 to 300,000,000, change in par value from $0.003 to $0.001 per share, increase the authorized blank check preferred stock to 100,000,000 shares and effectuate a 1 for 10 forward stock split of our issued and outstanding common stock (the “Forward Stock Split”). As a result of the Forward Stock Split, every 1 share of our pre-Forward Split common stock was increased and reclassified into 10 shares of our common stock. All references to shares of our common stock in these notes to financial statements refer to the number of shares of common stock after giving effect to the Forward Stock Split (unless otherwise indicated).
Basis of Presentation	'
	Basis of Presentation
	These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. The Company’s fiscal year-end is June 30.
Use of Estimates	'
	Use of Estimates
	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 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.
Liquidity	'
	Liquidity
	The Company has, since its inception in May of 2013, been highly dependent on raising capital to fund its start-up and growth strategies. To date, the Company has raised capital from the sales of its common stock without restrictive covenants from institutional investors and strategic partners (See Note 7 - Capitalization). On September 30, 2014, the Company and Pulse Entertainment Corporation (“Pulse Entertainment”), a related party, completed an initial closing under the terms of a share exchange agreement they entered into whereby the Pulse Entertainment became a subsidiary of the Company.
	The Company’s core business is the acquisition from estates and other rights holders of certain intellectual property rights to create virtual celebrities, and the right to present, and license to others to present, those virtual performers in live, and a variety of live-virtual and commercial formats.
	In execution of its business plan, the Company has chosen to pursue a model whereby it provides virtual performers for appearances and collects royalties when the Company has an ownership interest in the intellectual property rights for the virtual performer (the “Talent Model”). Under the Talent Model, the Company may permit other producers to create performances that make use of virtual performers created by the Company.
	The Company is also exploring and developing opportunities to act as a producer of events (the “Producer Model”), thereby enabling the company to exert significant creative and technological control over the performance productions, and to capture significantly greater portions of the realizable economic value created by the virtual performance.
	The Company may in the future execute its business plan using a blend of the Talent and Producer Models. Under both models, the Company expects to earn services revenues on all digital construction, animation, and production services that it provides, plus royalties when the work involves intellectual property rights held by the Company. Under both models, the Company has significant discretion to determine to what extent the creative and production resources, which are primarily labor costs, are engaged on an as-needed basis for each project or production (“Contract Talent”), and to what extent the Company carries a concentration of creative and production resources in-house (“In-House Talent”).
	While execution of the Producer Model enables the Company to capture more of the value created by the virtual performers, it also requires the Company to raise significant amounts of production capital, which is similar to project financed equity or non-recourse debt into production subsidiaries. Executing this model with In-house Talent gives the Company certain strategic advantages and flexibility in the development of new concepts and application of new technologies, yet it also requires a higher employee headcount and the related operating overhead.
	Our Company’s ability to fund our operations and meet our obligations on a timely basis is dependent on our ability to match our available financial resources to our operating model (Talent vs. Producer) and our execution strategy (Contract Talent vs. In-House Talent). The decisions the Company makes with regard to operating model and execution strategy drive the level of capital required and the level of its financial obligations.
	If the Company is unable to generate cash flow from operations and successfully raise sufficient additional capital through future debt and equity financings or strategic and collaborative ventures with potential partners, the Company would likely have to reduce its dependence on In-House Talent and limit many, if not all, of its activities as a producer.
	The Company has analyzed its liquidity requirements and has determined that it has sufficient liquidity to execute its business plan under the Talent Model for the next 12 months.
Revenue Recognition	'
	Revenue Recognition
	We have entered into a production services agreement with the estate of a deceased celebrity that provide revenues based on certain production services. Revenue is recognized on a straight-line basis over each contract period, as defined in each agreement. As the production services are rendered, revenue is recognized.
Cash	'
	Cash
	The Company’s cash consists of funds deposited in bank accounts.
Income Taxes	'
	Income Taxes
	The Company uses the asset and liability method of accounting for income taxes. Under this method, deferred income taxes are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to be applied to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred taxes of a change in tax rates is recognized in income in the period that includes the enactment date.
Foreign Currency Translation	'
	Foreign Currency Translation
	The Company has adopted the US dollar as its functional and reporting currency because most of its transactions are denominated in US currency.
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	ASC Topic 820, Fair Value Measurements and Disclosures, establishes a three level fair value hierarchy that requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs used to measure fair value are as follows:
	Level 1: Observable inputs such as quoted prices in active markets;
	Level 2: Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and
	Level 3: Unobservable inputs in which there is little or no market data and require the reporting entity to develop its own assumptions.
	The carrying amount of receivables and accounts payable approximates fair value due to the short-term nature of these instruments.
Earnings Per Share	'
	Earnings per Share
	The basic earnings (loss) per share is calculated by dividing the Company’s net income available to common stockholders by the weighted average number of common shares during the year. The diluted earnings (loss) per share is calculated by dividing the Company’s net income (loss) available to common stockholders 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 options or warrants or similar securities since inception.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	On May 28, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-09 (ASU 2014-09), Revenue from Contracts with Customers. ASU 2014-09 will eliminate transaction- and industry-specific revenue recognition guidance under current U.S. GAAP and replace it with a principle based approach for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for reporting periods beginning after December 15, 2016, and early adoption is not permitted. Entities can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. Management is currently evaluating the impact, if any, on adopting ASU 2014-09 on our results of operations or financial condition.

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2014
Income Taxes Tables	'
Schedule of Effective Tax Rate Reconciliation of US Federal Rate	'
	A reconciliation of the statutory U.S. federal rate to the Company’s effective tax rate is as follows:
		30-Jun-14			From inception on
					31-May-13
					through
					30-Jun-13
	U.S. federal statutory income tax rate		34	%		34	%
	State taxes, net of federal benefit		3.6	%		-
	Change in valuation allowance		(37.6	)%		(34.0	)%
	Effective tax rate		0	%		0	%
Summary of Net Deferred Tax Asset/Liability	'
	The components of the net deferred tax asset/ (liability) as of June 30, 2013 and June 30, 2014 is as follows:
		30-Jun-14			From inception on
					31-May-13
					through
					30-Jun-13
	Net federal operating loss carry forward	$	23,770		$	2,696
	Net state operating loss carry forward		2,250			-
	Net deferred tax assets before valuation allowance		26,020			2,696
	Valuation allowance		(26,020	)		(2,696	)
	Net deferred tax assets after valuation allowance	$	-		$	-

Earnings_Loss_Per_Share_Tables

Earnings (Loss) Per Share (Tables)	12 Months Ended
	Jun. 30, 2014
Earnings Loss Per Share	'
Summary of Net Loss and Weighted Average Common Stock Outstanding	'
	The net loss and weighted average common stock outstanding for purposes of calculating net loss per common share were computed as follows:
		For the year ended			From inception on
		30-Jun-14			31-May-13
					through June 30, 2013
					(as restated for 10:1
					forward stock split)
	Net loss	$	61,981		$	7,930
	Weighted average number of common shares outstanding used in computing basic and diluted earnings per share		64,192,895			60,000,000
	Basic and diluted earnings (loss) per share	$	(0.00	)	$	(0.00	)

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details Narrative) (USD $)	0 Months Ended	12 Months Ended
	Jun. 23, 2014	Jun. 30, 2014	Jun. 30, 2013
Business acquisition percentage	'	100.00%	'
Common stock, par value	'	$0.00	$0.00
Common stock, shares authorized	'	300,000,000	300,000,000
Preferred stock, shares authorized	'	100,000,000	100,000,000
Forward stock split	'	'	'
	1 for 10 forward stock split	1 for 10 forward stock split
Minimum [Member]	'	'	'
Common stock, par value	0.003	$0.00	'
Common stock, shares authorized	'	75,000,000	'
Maximum [Member]	'	'	'
Common stock, par value	0.001	$0.00	'
Common stock, shares authorized	'	300,000,000	'

Income_Taxes_Details_Narrative

Income Taxes (Details Narrative) (USD $)	12 Months Ended
	Jun. 30, 2014
Operating loss expiration period	'2033
Federal [Member]	'
Net operating loss carryforwards	69,911
State [Member]	'
Net operating loss carryforwards	61,981

Summary_of_Significant_Account3

Summary of Significant Accounting Policies - Schedule of Provision For Income Taxes (Details)	1 Months Ended	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2014
Accounting Policies [Abstract]	'	'
U.S. federal statutory income tax rate	34.00%	34.00%
State taxes, net of federal benefit	'	3.60%
Change in valuation allowance	-34.00%	-37.60%
Effective tax rate	0.00%	0.00%

Summary_of_Significant_Account4

Summary of Significant Accounting Policies - Schedule of Deferred Tax Assets (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013
Accounting Policies [Abstract]	'	'
Net federal operating loss carry forward	$23,770	$2,696
Net state operating loss carry forward	2,250	'
Net deferred tax assets before valuation allowance	26,020	2,696
Valuation allowance	-26,020	-2,696
Net deferred tax assets after valuation allowance	$0	$0

Related_Party_Transactions_Det

Related Party Transactions (Details Narrative) (USD $)	0 Months Ended	1 Months Ended	12 Months Ended	0 Months Ended
	Jun. 23, 2014	Jun. 30, 2013	Jun. 30, 2014	31-May-13
				President, Secretary And Director [Member]
Common stock issued for cash, shares	'	'	'	60,000,000
Purchase price per share	'	'	'	$0.00
Common stock issued for cash, value	'	$18,000	$42,600	$18,000
Forward stock split	'	'	'	'
	1 for 10 forward stock split		1 for 10 forward stock split	1 for 10 forward stock split

Summary_of_Net_Loss_and_Weight

Summary of Net Loss and Weighted Average Common Stock Outstanding (Details) (USD $)	1 Months Ended	2 Months Ended	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2013	Jun. 30, 2014
Summary Of Net Loss And Weighted Average Common Stock Outstanding Details	'	'	'
Net loss	$7,930	'	$61,981
Weighted average number of common shares outstanding used in computing basic and diluted earnings per share	60,000,000	60,000,000	64,192,895
Basic and diluted earnings (loss) per share	$0	$0	$0

Capitalization_Details_Narrati

Capitalization (Details Narrative) (USD $)	0 Months Ended		1 Months Ended	12 Months Ended					0 Months Ended
	Jun. 23, 2014	15-May-14	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2014	Jun. 23, 2014	Jun. 30, 2014	Jun. 23, 2014	Mar. 05, 2014	31-May-13
					Minimum [Member]	Minimum [Member]	Maximum [Member]	Maximum [Member]	Third Party [Member]	President [Member]
Acquisition of shares	'	53,612,600	'	'	'	'	'	'	'	'
Value of shares acquired	'	$107,225	'	'	'	'	'	'	'	'
Percentage of shares issued and outstanding	'	80.68%	'	'	'	'	'	'	'	'
Common stock issued for cash, Shares	'	'	'	'	'	'	'	'	13,800,040	60,000,000
Common stock issued for cash	'	'	$18,000	$42,600	'	'	'	'	$42,600	$18,000
Common stock, par value	'	'	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	'	'
Forward stock split	'	'	'	'	'	'	'	'	'	'
	1 for 10 forward stock split			1 for 10 forward stock split

Subsequent_Events_Details_Narr

Subsequent Events (Details Narrative) (USD $)	0 Months Ended		0 Months Ended			1 Months Ended
	15-May-14	Jun. 30, 2014	Oct. 07, 2014	Sep. 30, 2014	Sep. 26, 2014	Sep. 30, 2014	Jul. 31, 2014
			Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	CFO [Member]
				Pulse Entertainment Corporation [Member]	Pulse Entertainment Corporation [Member]	Financial Services And Advisory Agreement [Member]	Subsequent Event [Member]
Due to Officers	'	'	'	'	'	'	$90,000
Common stock issued for cash, Shares	'	'	'	'	'	'	2,769,246
Director fees paid	'	'	100,000	'	'	'	'
Payment of three non refundable amount to consultant	'	'	'	'	'	$30,000	'
Number of unregistered common stock issued during period	'	'	'	'	58,362,708	'	'
Equity issuance price per share	'	'	'	'	$0.00	'	'
Number of shares issued and outstanding	'	'	'	'	21,535,252	'	'
Percentage of shares issued and outstanding	80.68%	'	'	'	100.00%	'	'
Expected common stock outstanding	'	'	'	'	137,017,748	'	'
Number of unregistered common stock issued for cancellation	'	'	'	35,827,309	'	'	'
Exchange of cancellations stock common stock issued during period	'	'	'	17,466,383	'	'	'
Agreed to cancellations of stock for share exchange	'	'	'	60,910,113	'	'	'
Ownership interest rate	'	100.00%	'	81.11%	'	'	'
Remaining shares exchanged for share exchange agreement	'	'	'	4,068,869	'	'	'
Common stock exchange for unregistered common stock	'	'	'	22,535,399	'	'	'