Leet Technology (LTES) 10-Q 16 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Oct. 30, 2015
Document And Entity Information
Entity Registrant Name	Blow & Drive Interlock Corp
Entity Central Index Key	1,586,495
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		15,004,000
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,015

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current Assets
Cash	$ 11,697	$ 272,692
Accounts receivable	32,500
Total current assets	44,197	$ 272,692
Other assets
Prepaid expenses	2,828
Deposit	6,225
Property and equipment	64,394	$ 2,400
Total assets	$ 117,644	275,092
Current liabilities
Accrued interest - related party		9,412
Accrued expenses	$ 45,487	$ 24,400
Accrued payroll liabilities	1,769
Deferred revenue	92,885
Taxes payable	2,800	$ 2,000
Beneficial conversion feature - derivative liability	12,755
Note payable - related party	54,227	$ 48,994
Total current liabilities	209,923	84,806
Long - term liabilities
Note payable - related party, net of current portion	92,828	$ 108,799
Convertible note payable, net	4,887
Total liabilities	$ 307,638	$ 193,605
Stockholders' equity
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; none outstanding
Common stock, $0.0001 par value, 100,000,000 shares authorized; 15,004,000 and 14,852,500 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively	$ 1,500	$ 1,485
Additional paid-in capital	411,764	305,671
Deficit accumulated during the development stage	(603,258)	(225,669)
Total stockholders' equity	(189,994)	81,487
Total liabilities and stockholders' equity	$ 117,644	$ 275,092

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	15,004,000	14,852,500
Common stock, shares outstanding	15,004,000	14,852,500

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
Sales	$ 2,134		$ 2,134
Cost of sales	801		801
Gross Profit	1,333		1,333
Operating expenses
Payroll	40,658		133,152
Professional fees	12,554	$ 17,491	59,554	$ 96,523
General and administrative	56,165	$ 18,318	106,027	$ 45,116
Research and development	2,155		59,785
Total operating expenses	111,532	$ 35,809	358,518	$ 141,639
Loss from operations	(110,199)	(35,809)	(357,185)	(141,639)
Other income (expense)
Interest expense	6,575	$ 3,137	12,619	$ 7,212
(Gain) / loss on changes in fair value of derivative liability	6,985		6,985
Income (loss) before income taxes	$ (123,759)	$ (35,809)	(376,789)	$ (141,639)
Income taxes			800	800
Net (loss)	$ (123,759)	$ (35,809)	$ (377,589)	$ (142,439)
Loss per common share-basic and diluted	$ (0.01)	$ 0	$ (0.03)	$ (0.01)
Weighted average number of common shares outstanding-basic and diluted	15,004,000	14,565,000	14,956,476	14,370,934

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-In Capital [Member]	Stock Subscription Receivable [Member]	Accumulated Deficit [Member]	Total
Beginning Balance at Dec. 31, 2013	$ 2,000	$ 700		$ (1,900)	$ 800
Beginning Balance , shares at Dec. 31, 2013	20,000,000
Issuance of common stock for services	$ 970				970
Issuance of common stock for services,shares	9,700,000
Issuance of common stock for cash
Issuance of common stock for cash,shares
Issuance of common stock for debt
Issuance of common stock for debt, shares
Issuance of common shares for subscription receivable	$ 485	229,971			230,456
Issuance of common shares for subscription receivable, shares	4,852,500
Repurchase of common stock	$ (1,970)				(1,970)
Repurchase of common stock, shares	(19,700,000)
Additional paid-in capital		75,000			75,000
Net loss				$ (223,769)	(223,769)
Ending Balance at Dec. 31, 2014	$ 1,485	305,671		(225,669)	$ 81,487
Ending Balance , shares at Dec. 31, 2014	14,852,500
Issuance of common stock for services
Issuance of common stock for cash	$ 15	84,985			$ 85,000
Issuance of common stock for cash,shares	151,500				151,500
Issuance of common stock for debt		4,873			$ 4,873
Issuance of common stock for debt, shares
Issuance of common shares for subscription receivable
Issuance of common shares for subscription receivable, shares
Repurchase of common stock
Repurchase of common stock, shares
Additional paid-in capital		16,235			16,235
Net loss				(377,589)	(377,589)
Ending Balance at Sep. 30, 2015	$ 1,500	$ 411,764		$ (603,258)	$ (189,994)
Ending Balance , shares at Sep. 30, 2015	15,004,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash Flows From Operating Activities
Net loss	$ (377,589)	$ (142,439)
Adjustments to reconcile net loss to net cash provided by(used in) operating activities
Common stock issued for services		$ 970
Depreciation	$ 1,655
Changes in fair value of derivative liability	6,985
Accretion of debt discount	530
Changes in:
Account receivable	(32,500)
Prepaid expenses	(2,828)	$ (8,500)
Deposits	(6,225)	$ (48,000)
Accrued interest - related party	(9,412)
Accrued liabilities	21,087	$ 39,014
Accrued payroll liabilities	1,769
Deferred revenue	92,885
Taxes payable	800
Net cash used in operating activities	(302,843)	$ (166,167)
Cash Flows From Investing Activities
Purchase of fixed assets	(63,649)
Net cash (used) in investing activities	(63,649)
Cash Flows From Financing Activities
Proceeds from issuance of common stock	85,000
Proceeds from additional paid in capital	16,235
Proceeds from convertible note payable, net	15,000
Repayments of notes payable - related party	$ (10,738)	$ (2,207)
Repurchase of common shares		(1,970)
Proceeds from note payable - related party		160,000
Shareholder contributions		75,000
Net cash provided by financing activities	$ 105,497	230,823
Net increase in cash	(260,995)	64,656
Cash at beginning of period	272,692	2,000
Cash at end of period	11,697	66,656
Supplemental disclosure of cash flow information
Interest	$ 18,286	998
Taxes		800
Non-cash transactions:
Common stock issued for subscription receivable		457
Common stock issued for services		$ 970

Nature of Operations and Summar

Nature of Operations and Summary of Significant Policies	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Nature of Operations and Summary of Significant Policies	Note 1: Nature of Operations and Summary of Significant Policies The accompanying unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three-month and nine-month periods ended September 30, 2015 are not necessarily indicative of the results that may be expected for the full fiscal year. For further information, refer to the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014. Nature of Operations Blow& Drive Interlock (“the Company”) was incorporated on July 2, 2013 under the laws of the State of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company is a development-stage SEC reporting company that intends to market and lease alcohol ignition interlock devices to DUI/DWI offenders as part of their mandatory court or motor vehicle department programs. On February 6, 2014, James Cassidy and James McKillop, both directors of the Company and the then president and vice president, respectively, resigned such directorships and all offices of the Company. Messrs. Cassidy and McKillop each beneficially retain 150,000 shares of the Company’s common stock. On February 6, 2014, Laurence Wainer was named as the sole director of the Company and serves as its President and sole officer. In 2015, The Company formed BDI Manufacturing, Inc., an Arizona corporation, which is a 100% wholly owned subsidiary of Blow& Drive Interlock Corporation. The Company markets, installs and monitors a breath alcohol ignition interlock device (BAIID) called the BDI-747/1, which is a mechanism that is installed on the steering column of an automobile and into which a driver exhales. The device in turn provides a blood-alcohol concentration analysis. If the driver’s blood-alcohol content is higher than a certain pre-programmed limit, the device prevents the ignition from engaging and the automobile from starting. These devices are often required for use by DUI or DWI (“driving under the influence” or “driving while intoxicated”) offenders as part of a mandatory court or motor vehicle department program. During the quarter ending September 30, 2015, the Company began to license others to distribute the BDI-747/1 and provide services related to the device. The distributorships are for specific geographical areas (either entire states or certain counties within states) and, as of September 30, 2015, the Company has entered into two distributorship agreements. Under the distribution agreements the Company typically receives a onetime support fee, and then is entitled to receive a per unit registration fee and a per unit monthly fee for each BDI-747/1 unit the distributor has in inventory or on the road beginning thirty (30) days after the distributor receives the unit. As of September 30, 2015, the Company has received a total of $85,000 in onetime support fees. This amount is reflected in the accompanying consolidated financial statements as deferred revenue as the Company was still in the process of meeting all the requirements under the agreements at September 30, 2015. As of September 30, 2015, the Company has not yet begun receiving the per unit registration fee or the monthly fees. Basis of Presentation The summary of significant accounting policies presented below is designed to assist in understanding the Company’s consolidated financial statements. Such consolidated financial statements and accompanying notes are the representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying consolidated financial statements. Accounts Receivable Accounts receivable are presented net of an allowance for doubtful accounts. The Company maintains allowances for doubtful accounts for estimated losses. The Company reviews the accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual balances. In evaluating the collectability of individual receivable balances, the Company considers many factors, including the age of the balance, a customer’s historical payment history, its current credit-worthiness and current economic trends. Accounts are written off after exhaustive efforts at collection. At September 30, 2015, the Company has established, based on a review of its outstanding balances, no allowance for doubtful accounts as it deems none is needed. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP 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 consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Concentration of Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. From time to time, the Company maintains cash balances at certain institutions in excess of the Federal Deposit Insurance Corporation limit Income Taxes Under ASC 740, “Income Taxes”, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary 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 apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. Derivative Liabilities The Company assessed the classification of its derivative financial instruments as of September 30, 2015, which consist of convertible instruments and rights to shares of the Company’s common stock, and determined that such derivatives meet the criteria for liability classification under ASC 815. ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides an exception to this rule when the host instrument is deemed to be conventional, as described. Convertible Instruments The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with professional standards for “Accounting for Derivative Instruments and Hedging Activities”. Professional standards generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. Professional standards also provide an exception to this rule when the host instrument is deemed to be conventional as defined under professional standards as “The Meaning of “Conventional Convertible Debt Instrument”. ASC 815-40 provides that, among other things, generally, if an event is not within the entity’s control or could require net cash settlement, then the contract shall be classified as an asset or a liability. Long Lived Assets The Company follows Accounting Standards Codification subtopic 360-10, Property, Plant and Equipment (“ASC 360-10”). ASC 360-10 requires those long-lived assets and certain identifiable intangibles held and used by the Company be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Events relating to recoverability may include significant unfavorable changes in business conditions, recurring losses, or a forecasted inability to achieve break-even operating results over an extended period. The Company evaluates the recoverability of long-lived assets based upon forecasted undiscounted cash flows. Should impairment in value be indicated, the carrying value of intangible assets will be adjusted, based on estimates of future discounted cash flows resulting from the use and ultimate disposition of the asset. ASC 360-10 also requires assets to be disposed of be reported at the lower of the carrying amount or the fair value less costs to sell. Loss per Common Share The Company has adopted ASC 260 “Earnings Per Share”. Basic loss per common shares excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of September 30, 2015 and September 30, 2014, there are no outstanding dilutive securities. Fair Value of Financial Instruments FASB ASC 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which priorities the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1: defined as observable inputs such as quoted prices in active markets; Level 2: defined as inputs other than quoted prices in active markets that is either directly or indirectly observable; and Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The carrying amounts of financial assets and liabilities, such as cash and accrued liabilities approximate their fair values because of the short maturity of these instruments. Revenue Recognition Revenue is derived from the sale of distributorships and the fee service of monitoring its products installed in customer vehicles and is recognized on a contract basis as upon the time the service is provided. All revenue is recognized when (i) persuasive evidence of an arrangement exists; (ii) the service or sale is completed; (iii) the price is fixed or determinable; and (iv) the ability to collect is reasonably assured. Revenue is recognized as the gross amount to be received. The Company had its first revenues of $2,134 for the three months ended September 30, 2015. Share-Based Compensation The Company follows the provisions of ASC 718, Share-Based Payment, which requires all share-based payments to employees and non-employees to be recognized in the income statement based on their fair values. The Company uses the Black-Scholes pricing model for determining the fair value of share-based compensation. As of September 30, 2015 the Company has not issued any options or warrants to employees or non-employees as compensation.

Going Concern

Going Concern	9 Months Ended
	Sep. 30, 2015
Going Concern
Going Concern	Note 2: Going Concern The Company has sustained a cumulative net loss and accumulated deficit of $603,258, since inception of the Company on July 2, 2013. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations. During, 2014, the Company raised approximately $230,000 from stock sales, $85,000 in the first nine months of 2015 and $16,235 in additional paid in capital from its founder, Laurence Wainer. In the current quarter the Company generated $2,134 and $92,885 in revenues and deferred revenues respectively. Management believes that with these cash infusions and the ability to control variable cash expenditures combined with the commitment of the CEO to provide all additional funding to continue operations into at least January 2016, the Company will continue at least to that date. Management’s plans also include selling its equity securities and obtaining debt financing to fund its capital requirements and on-going operations; however, there can be no assurances the Company will be successful in these efforts. There is no assurance that the Company will ever be profitable. The consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Note 3: Recent Accounting Pronouncements In June 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-10, “Development Stage Entities (Topic 915)” which is in effect for reporting periods beginning after December 15, 2014, however early adoption is permitted and the Company has adopted this update for the year ended December 31, 2014. The amendments in this Update remove the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting 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 in the statements of income, cash flows, and shareholder equity, (2) label the consolidated 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. In January 2015, the FASB issued ASU No. 2015-01, “Income Statements - Extraordinary and Unusual Items” (Sub-Topic 225-20), which eliminates from U.S. GAAP the concept of extraordinary items. The ASU eliminates the separate presentation of extraordinary items on the income statement, net of tax and the related earnings per share, but does not affect the requirement to disclose material items that are unusual in nature or occurring infrequently. The ASU is effective for the annual period beginning after December 15, 2015 and interim periods within those annual periods, with early adoption permitted, and may be applied prospectively or retrospectively. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs”. The ASU requires entities that have historically presented debt issuance costs as an asset to present those costs as a direct deduction from the carrying amount of the related debt liability. This presentation will result in the debt issuance costs being presented the same way debt discounts have historically been handled. The ASU does not change the recognition, measurement, or subsequent measurement guidance for debt issuance costs. The ASU is effective for the annual period beginning after December 15, 2015 and interim periods within those annual periods and is to be applied retrospectively. Early adoption is permitted. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, “Simplifying the Measurement of Inventory” (Topic 330), which simplifies the subsequent measurement of inventory by requiring entities to measure inventory at the lower of cost or net realizable value, except for inventory measured using the last-in, first-out (LIFO) or the retail inventory methods. The ASU requires entities to compare the cost of inventory to one measure - net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The ASU is effective for the annual period beginning after December 15, 2015 and interim periods within those annual periods, with early adoption permitted, and is to be applied prospectively. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements.

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment [Abstract]
Property and Equipment	Note 4: Property and Equipment Property and equipment is stated at cost less accumulated depreciation and depreciated using straight line methods over the estimated useful lives of the related assets ranging from three to five years. Maintenance and repairs are expensed currently. The cost of normal maintenance and repairs is charged to operations as incurred. Major overhaul that extends the useful life of existing assets is capitalized. When equipment is retired or disposed, the costs and related accumulated depreciation are eliminated and the resulting profit or loss is recognized in income. September 30, 2015 December 31, 2014 (Unaudited) Property and equipment $ 66,049 $ 2,400 Accumulated depreciation (1,655 ) - Total $ 64,394 $ 2,400 Depreciation expense amounted to $1,655 and $0 for the nine months ended September 30, 2015 and 2014, respectively.

Stock Issuance

Stock Issuance	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Stock Issuance	Note 5: Stock Issuance During the nine months ended September 30, 2015 the Company issued 151,500 shares of common stock, par value of $0.0001, for a total of $85,000 in cash.

Warrant and Option Issuances

Warrant and Option Issuances	9 Months Ended
	Sep. 30, 2015
Warrant And Option Issuances
Warrant and Option Issuances	Note 6: Warrant and Option Issuances The Company has 30,000 warrants outstanding as of September 30, 2015 that have an exercise price of $0.50 per share and are all exercisable. They were issued on August 7, 2015 and have a three year life.

Deposits

Deposits	9 Months Ended
	Sep. 30, 2015
Deposits [Abstract]
Deposits	Note 7: Deposits On January 21, 2015, the Company and Mr. Wainer entered into a two-year lease with Marsel Plaza LLC for a storefront location at 1080 South La Cienega Boulevard, Suite 304, Los Angeles, California 90035. The Company’s base rent under the lease is $1,450 per month. The lease began on February 1, 2015 and this balance reflects the building deposit and the last month of the leases contract.

Notes Payable

Notes Payable	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Notes Payable	Note 8: Note Payable On February 16, 2014, the Company entered into a note payable agreement with Laurence Wainer, the director, President and sole officer of the Company. The note has a principal balance of $160,000 and bears interest at 7.75% per annum. Principal and interest payments are due in 60 equal monthly installments of $3,205 beginning in March 2014. The Company and Laurence Wainer entered into an additional agreement effective April 2014 suspending loan repayments until January 2015. As of January 2015, the payments have resumed through the period ending September 30, 2015.

Convertible Note Payable

Convertible Note Payable	9 Months Ended
	Sep. 30, 2015
Convertible Note Payable
Convertible Note Payable	Note 9: Convertible Note Payable On August 7, 2015, the Company entered into an agreement with a third party non-affiliate and issued a 7.5% interest bearing convertible debenture for $15,000 due on August 7, 2017, with conversion features commencing after 180 days following the date of the note. The loan is convertible at 70% of the average of the closing prices for the common stock during the five trading day prior to the conversion date. In connection with this Convertible Note Payable, the Company recorded a $5,770 discount on debt, related to the beneficial conversion feature of the note to be amortized over the life of the note or until the note is converted or repaid. This note was bifurcated with the embedded conversion option recorded as a derivative liability at fair value (See Note 10). As of September 30, 2015 this note has not been converted. In conjunction with the issuance of the Convertible Note Payable, the Company issued a warrant on August 7, 2015 to purchase 30,000 shares of the Company’s common stock at a purchase price of $0.50 per share. The Black Scholes model was used in valuing the warrants in determining the relative fair value of the warrants issued in connection with the convertible note payable using the following inputs: Expected Term – 3 years, Expected Dividend Rate – 0%, Volatility – 100%, Risk Free Interest Rate -1.08%. The Company recorded an additional $4,873 discount on debt, related to the relative fair value of the warrants issued associated with the note to be amortized over the life of the note. During the quarter ended September 30, 2015, the Company amortized a total debt discount of $530 to current period into interest expense. As of September 30, 2015, a net discount of $10,113 remained.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Note 10: Derivative Financial Instruments The Company applies the provisions of ASC Topic 815-40, Contracts in Entity’s Own Equity (“ASC Topic 815-40”), under which convertible instruments, which contain terms that protect holders from declines in the stock price, may not be exempt from derivative accounting treatment. As a result, embedded conversion options (whose exercise price is not fixed and determinable) in convertible debt (which is not conventionally convertible due to the exercise price not being fixed and determinable) are initially recorded as a liability and are revalued at fair value at each reporting date using the Black Sholes Model. The Company has $15,000 of convertible debt with variable conversion pricing outstanding at September 30, 2015. The Company calculates the estimated fair values of the liabilities for derivative instruments using the Black Scholes option pricing model. The price of the Company’s common stock at September 30, 2015 was $0.50. The Black Scholes model was used in valuing the warrants in determining the relative fair value of the warrants issued in connection with the convertible note payable using the following inputs: Expected Term – 1.83 years, Expected Dividend Rate – 0%, Volatility – 100%, Risk Free Interest Rate - 0.73%. At September 30, 2015, the Company valued the conversion features using the assumptions specified above and determined that, for the period ended September 30, 2015, the Company’s derivative liability amounted to $12,755. The Company recognized a corresponding loss of $6,985 on derivative liability in conjunction with this valuation during the quarter September 30, 2015.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 11: Commitments and Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines, and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated. Legal costs incurred in connection with loss contingencies are expensed as incurred. As of September 30, 2015, the Company has no contingent liability that is required to be recorded or disclosed. On January 21, 2015, the Company and Mr. Wainer entered into a two-year lease with Marsel Plaza LLC for a storefront location at 1080 South La Cienega Boulevard, Suite 304, Los Angeles, California 90035. Our base rent under the lease is $1,450 per month. The lease began on February 1, 2015. On September 5, 2015, the Company entered into an Exclusive Distribution Agreement with J C Lopez (“Lopez”), under which it granted Lopez the exclusive right to lease, install, service, remove and support the Company’s proprietary breath alcohol ignition interlock device (the “BDI-747/1”) in the states of Arizona and Nevada, and non-exclusively in the state of California. In exchange for these rights, Lopez agreed to pay the Company a onetime software license and support fee of $50,000, as well as $25 per month for each BDI-747/1 unit Lopez has in its inventory beginning thirty (30) days after Lopez receives the unit. On October 5, 2015 the Company received notification from the state of Arizona that the BDI-747/1 was approved as an authorized ignition interlock device in the state. As a result, on October 7, 2015, the Company received the remainder of the license and support fee from Lopez. On September 11, 2015, the Company entered into an Independent Contractor Agreement with Laurence Wainer, in order to outline the terms under which Mr. Wainer is serving as its Chief Executive Officer. Under the terms of the agreement, Mr. Wainer will be paid compensation of $4,000 per month for performing services as the Company’s Chief Executive Officer. The agreement is for a one year term. In conjunction with the distributor agreements, the Company is obligated to provide, at the Company’s cost, an initial training program for the principal owner of the distributorships and any of its employees. The training program will consist of approximately three weeks of training that must be completed; the Company shall determine the contents and manner of conducting the initial training program at its discretion.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
Subsequent Events	Note 12: Subsequent Events As of October 13, 2015, the BDI-747/1 is approved as an ignition interlock device in California, Oregon, Arizona, Kentucky, Oklahoma and Texas. We have applied for approval of the BDI-747/1 in several other states and are currently going through the application and review process. On October 5, 2015 the Company received notification from the state of Arizona that the BDI-747/1 was approved as an authorized ignition interlock device in the state. As a result, on October 7, 2015, the Company received the remainder of the license and support fee from Lopez. On November 9, 2015, the Company entered into an Exclusive Distribution Agreement with Stephen Ferraro (“FERRARO”), under which it granted FERRARO the exclusive right to lease, install, service, remove and support BDI-747/1 device in Lubbock County, Texas, as well as several surrounding counties in Texas. In exchange for the exclusive rights, FERRARO agreed to pay the Company a onetime software support fee of $10,000, as well as a $150 per unit registration fee and $35 per month for each BDI-747/1 unit FERRARO has in his inventory or on the road beginning thirty (30) days after FERRARO receives the unit. The Company received the $10,000 support fee on or about November 9, 2015.

Nature of Operations and Summ19

Nature of Operations and Summary of Significant Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Blow& Drive Interlock (“the Company”) was incorporated on July 2, 2013 under the laws of the State of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company is a development-stage SEC reporting company that intends to market and lease alcohol ignition interlock devices to DUI/DWI offenders as part of their mandatory court or motor vehicle department programs. On February 6, 2014, James Cassidy and James McKillop, both directors of the Company and the then president and vice president, respectively, resigned such directorships and all offices of the Company. Messrs. Cassidy and McKillop each beneficially retain 150,000 shares of the Company’s common stock. On February 6, 2014, Laurence Wainer was named as the sole director of the Company and serves as its President and sole officer. In 2015, The Company formed BDI Manufacturing, Inc., an Arizona corporation, which is a 100% wholly owned subsidiary of Blow& Drive Interlock Corporation. The Company markets, installs and monitors a breath alcohol ignition interlock device (BAIID) called the BDI-747/1, which is a mechanism that is installed on the steering column of an automobile and into which a driver exhales. The device in turn provides a blood-alcohol concentration analysis. If the driver’s blood-alcohol content is higher than a certain pre-programmed limit, the device prevents the ignition from engaging and the automobile from starting. These devices are often required for use by DUI or DWI (“driving under the influence” or “driving while intoxicated”) offenders as part of a mandatory court or motor vehicle department program. During the quarter ending September 30, 2015, the Company began to license others to distribute the BDI-747/1 and provide services related to the device. The distributorships are for specific geographical areas (either entire states or certain counties within states) and, as of September 30, 2015, the Company has entered into two distributorship agreements. Under the distribution agreements the Company typically receives a onetime support fee, and then is entitled to receive a per unit registration fee and a per unit monthly fee for each BDI-747/1 unit the distributor has in inventory or on the road beginning thirty (30) days after the distributor receives the unit. As of September 30, 2015, the Company has received a total of $85,000 in onetime support fees. This amount is reflected in the accompanying consolidated financial statements as deferred revenue as the Company was still in the process of meeting all the requirements under the agreements at September 30, 2015. As of September 30, 2015, the Company has not yet begun receiving the per unit registration fee or the monthly fees.
Basis of Presentation	Basis of Presentation The summary of significant accounting policies presented below is designed to assist in understanding the Company’s consolidated financial statements. Such consolidated financial statements and accompanying notes are the representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying consolidated financial statements.
Accounts Receivable	Accounts Receivable Accounts receivable are presented net of an allowance for doubtful accounts. The Company maintains allowances for doubtful accounts for estimated losses. The Company reviews the accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual balances. In evaluating the collectability of individual receivable balances, the Company considers many factors, including the age of the balance, a customer’s historical payment history, its current credit-worthiness and current economic trends. Accounts are written off after exhaustive efforts at collection. At September 30, 2015, the Company has established, based on a review of its outstanding balances, no allowance for doubtful accounts as it deems none is needed.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with GAAP 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 consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
Concentration of Risk	Concentration of Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. From time to time, the Company maintains cash balances at certain institutions in excess of the Federal Deposit Insurance Corporation limit
Income Taxes	Income Taxes Under ASC 740, “Income Taxes”, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary 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 apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized.
Derivative Liabilities	Derivative Liabilities The Company assessed the classification of its derivative financial instruments as of September 30, 2015, which consist of convertible instruments and rights to shares of the Company’s common stock, and determined that such derivatives meet the criteria for liability classification under ASC 815. ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides an exception to this rule when the host instrument is deemed to be conventional, as described.
Convertible Instruments	Convertible Instruments The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with professional standards for “Accounting for Derivative Instruments and Hedging Activities”. Professional standards generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. Professional standards also provide an exception to this rule when the host instrument is deemed to be conventional as defined under professional standards as “The Meaning of “Conventional Convertible Debt Instrument”. ASC 815-40 provides that, among other things, generally, if an event is not within the entity’s control or could require net cash settlement, then the contract shall be classified as an asset or a liability.
Long Lived Assets	Long Lived Assets The Company follows Accounting Standards Codification subtopic 360-10, Property, Plant and Equipment (“ASC 360-10”). ASC 360-10 requires those long-lived assets and certain identifiable intangibles held and used by the Company be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Events relating to recoverability may include significant unfavorable changes in business conditions, recurring losses, or a forecasted inability to achieve break-even operating results over an extended period. The Company evaluates the recoverability of long-lived assets based upon forecasted undiscounted cash flows. Should impairment in value be indicated, the carrying value of intangible assets will be adjusted, based on estimates of future discounted cash flows resulting from the use and ultimate disposition of the asset. ASC 360-10 also requires assets to be disposed of be reported at the lower of the carrying amount or the fair value less costs to sell.
Loss per Common Share	Loss per Common Share The Company has adopted ASC 260 “Earnings Per Share”. Basic loss per common shares excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of September 30, 2015 and September 30, 2014, there are no outstanding dilutive securities.
Fair Value of Financial Instruments	Fair Value of Financial Instruments FASB ASC 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which priorities the inputs in measuring fair value. The hierarchy priorities the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1: defined as observable inputs such as quoted prices in active markets; Level 2: defined as inputs other than quoted prices in active markets that is either directly or indirectly observable; and Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The carrying amounts of financial assets and liabilities, such as cash and accrued liabilities approximate their fair values because of the short maturity of these instruments.
Revenue Recognition	Revenue Recognition Revenue is derived from the sale of distributorships and the fee service of monitoring its products installed in customer vehicles and is recognized on a contract basis as upon the time the service is provided. All revenue is recognized when (i) persuasive evidence of an arrangement exists; (ii) the service or sale is completed; (iii) the price is fixed or determinable; and (iv) the ability to collect is reasonably assured. Revenue is recognized as the gross amount to be received. The Company had its first revenues of $2,134 for the three months ended September 30, 2015.
Share-Based Compensation	Share-Based Compensation The Company follows the provisions of ASC 718, Share-Based Payment, which requires all share-based payments to employees and non-employees to be recognized in the income statement based on their fair values. The Company uses the Black-Scholes pricing model for determining the fair value of share-based compensation. As of September 30, 2015 the Company has not issued any options or warrants to employees or non-employees as compensation.

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2015
Property And Equipment Tables
Schedule of Property and Equipment	September 30, 2015 December 31, 2014 (Unaudited) Property and equipment $ 66,049 $ 2,400 Accumulated depreciation (1,655 ) - Total $ 64,394 $ 2,400

Nature of Operations and Summ21

Nature of Operations and Summary of Significant Policies (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Feb. 06, 2014
Common stock, shares outstanding	15,004,000	15,004,000		14,852,500
Ownership percent	100.00%	100.00%
Onetime support fees		$ 85,000
Dilutive securities outstanding		0	$ 0
Revenue	$ 2,134	$ 2,135
James Cassidy [Member]
Common stock, shares outstanding					150,000
James McKillop [Member]
Common stock, shares outstanding					150,000

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Sep. 30, 2015	Dec. 31, 2014
Accumulated deficit	$ 603,258	$ 603,258
Proceeds from sale of stock		85,000	$ 230,000
Additional paid in capital	411,764	411,764	$ 305,671
Revenues	2,134	2,135
Deferred revenues		92,885
Laurence Wainer [Member]
Additional paid in capital	$ 16,235	$ 16,235

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 1,655

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property and equipment	$ 66,049	$ 2,400
Accumulated depreciation	(1,655)
Total	$ 64,394	$ 2,400

Stock Issuance (Details Narrati

Stock Issuance (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Equity [Abstract]
Common stock issued during period, shares	151,500
Common stock issued during period, value	$ 85,000
Common stock, par value	$ 0.0001	$ 0.0001

Warrant and Option Issuances (D

Warrant and Option Issuances (Deatils Narrative) - $ / shares	9 Months Ended
	Sep. 30, 2015	Aug. 07, 2015
Warrant And Option Issuances
Warrants outstanding	30,000	30,000
Warrants exercise price	$ 0.50	$ 0.50
Warrant term	3 years

Deposits (Details Narrative)

Deposits (Details Narrative)	Jan. 21, 2015USD ($)
Deposits [Abstract]
Lese term	2 years
Lease amount for per month	$ 1,450

Notes Payable (Details Narrativ

Notes Payable (Details Narrative)	Feb. 16, 2014USD ($)Installments	Aug. 07, 2015
Percentage of interest		7.50%
Laurance Wainer [Member]
Principal note balance	$ 160,000
Percentage of interest	7.75%
Interest payable	$ 3,205
Interest payable monthly installments | Installments	60

Convertible Note Payable (Detai

Convertible Note Payable (Details Narrative) - USD ($)	Aug. 07, 2015	Sep. 30, 2015	Sep. 30, 2015
Debt Disclosure [Abstract]
Convertible debenture interest bearing	7.50%
Convertible debenture	$ 15,000	$ 15,000	$ 15,000
Convertible debenture due	Aug. 7, 2017
Percent of loan convertible on trading days	70.00%
Discount on convertible debenture	$ 5,770
Warrants outstanding	30,000	30,000	30,000
Warrants exercise price	$ 0.50	$ 0.50	$ 0.50
Expected Term	3 years		1 year 9 months 29 days
Expected Dividend Rate	0.00%		0.00%
Volatility	100.00%		100.00%
Risk Free Interest Rate	1.08%		73.00%
Additional discount on debt related to fair value of warrants	$ 4,873
Amortized total debt discount		$ 530
Convertible debt net discount		$ 10,113	$ 10,113

Derivative Financial Instrume30

Derivative Financial Instruments (Details Narrative) - USD ($)	Aug. 07, 2015	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Convertible debt outstanding	$ 15,000	$ 15,000
Common stock share price		$ 0.50
Expected Term	3 years	1 year 9 months 29 days
Expected Dividend Rate	0.00%	0.00%
Volatility	100.00%	100.00%
Risk Free Interest Rate	1.08%	73.00%
Derivative liability		$ 12,755
Loss on derivative liability		$ 6,985

Commitments and Contingencies (

Commitments and Contingencies (Detils Narrative) - USD ($)	Sep. 11, 2015	Sep. 05, 2015	Jan. 21, 2015
Commitments and Contingencies Disclosure [Abstract]
Lese term			2 years
Lease amount for per month			$ 1,450
Onetime software license and support fee		$ 50,000
Onetime software license and support fee per month		$ 25
Compensation for performing services	$ 4,000
Compensation agreement term	1 year

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Nov. 09, 2015	Sep. 05, 2015
Onetime software license and support fee		$ 50,000
Onetime software license and support fee per month		$ 25
Subsequent Event [Member] | Exclusive Distribution Agreement [Member] | Stephen Ferraro [Member]
Onetime software license and support fee	$ 10,000
Onetime software license and support per unit registration fee	$ 150
Onetime software license and support fee per month	$ 35
Received onetime software support fee	$ 10,000