Document and Entity Information
Document and Entity Information - USD ($) | 12 Months Ended | |
Oct. 31, 2018 | Aug. 06, 2019 | |
Document And Entity Information | ||
Entity Registrant Name | Adaiah Distribution Inc | |
Entity Central Index Key | 0001593204 | |
Document Type | 10-K | |
Amendment Flag | false | |
Entity Voluntary Filers | No | |
Current Fiscal Year End Date | --10-31 | |
Entity Well Known Seasoned Issuer | No | |
Entity Small Business | true | |
Entity Shell Company | true | |
Entity Emerging Growth Company | false | |
Entity Current Reporting Status | No | |
Document Period End Date | Oct. 31, 2018 | |
Entity Filer Category | Non-accelerated Filer | |
Document Fiscal Period Focus | FY | |
Document Fiscal Year Focus | 2018 | |
Entity Common Stock Shares Outstanding | 102,141,189 | |
Entity Public Float | $ 0 |
BALANCE SHEETS
BALANCE SHEETS - USD ($) | Oct. 31, 2018 | Oct. 31, 2017 |
Current Assets | ||
Cash | $ 33 | |
Total current assets | 0 | 33 |
Fixed Assets | ||
Furniture and Fixtures | 8,000 | |
Accumulated Depreciation | (2,571) | |
Sewing Shop | 16,940 | |
Accumulated Depreciation | (2,329) | |
Total fixed assets | 20,040 | |
TOTAL ASSETS | 0 | 20,073 |
LIABILITIES | ||
Loan Payable - Related Party | 1,415 | |
Convertible Promissory Note | 12,291 | |
TOTAL LIABILITIES | 0 | 13,706 |
STOCKHOLDERS' EQUITY | ||
Common Stock ; Authorized 750,000,000 , par value $0.001 Issued and Outstanding as at October 31, 2017 and as at October 31, 2018, 102,141,189 | 102,141 | 102,141 |
Additional Paid in Capital | 43,859 | 43,859 |
Accumulated Deficit | (146,000) | (139,633) |
Total Stockholders equity | 0 | 6,367 |
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | $ 0 | $ 20,073 |
BALANCE SHEETS (Parenthetical)
BALANCE SHEETS (Parenthetical) - $ / shares | Oct. 31, 2018 | Oct. 31, 2017 | Oct. 31, 2016 |
STOCKHOLDERS' EQUITY | |||
Common stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
Common stock, share authorized | 750,000,000 | 750,000,000 | 750,000,000 |
Common stock, share issued | 102,141,189 | 102,141,189 | |
Common stock, share outstanding | 102,141,189 | 102,141,189 | 141,000,000 |
STATEMENTS OF OPERATIONS
STATEMENTS OF OPERATIONS - USD ($) | 12 Months Ended | 62 Months Ended | |
Oct. 31, 2018 | Oct. 31, 2017 | Oct. 31, 2018 | |
Sales | |||
Merchandise Sales | $ 20,554 | $ 40,509 | $ 299,839 |
Total Revenue | 20,554 | 40,509 | 299,839 |
Cost of Goods Sold | |||
Pillow Purchases | 15,347 | 33,612 | 218,859 |
Sales Commissions | 3,180 | ||
Cost of Goods Sold | 15,347 | 33,612 | 222,039 |
Gross Profit | 5,207 | 6,897 | 77,800 |
Operating Expenses | |||
General and Administrative | 4,634 | 85,031 | 216,867 |
Write off of net assets, discontinued Operations | 6,943 | 6,943 | |
Total Expenses | 11,577 | 85,031 | 223,810 |
Income (Loss) before Income Tax | (6,370) | (78,134) | (146,010) |
Interest Income | 2 | 10 | |
Net Income (Loss) for the Period | $ (6,368) | $ (78,134) | $ (146,000) |
Net Gain (Loss) Per Share | |||
Basic and Diluted | $ (0.0001) | $ (0.0015) | $ (0.0014) |
Weighted Number of Average Shares outstanding | 102,141,189 | 51,141,095 | 102,141,189 |
STATEMENTS OF CHANGES IN SHAREH
STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY - USD ($) | Total | Common Stock Shares | Additional paid In Capital | Accumulated Deficit |
Beginning Balance, Shares at Nov. 01, 2015 | 5,000,000 | |||
Beginning Balance, Amount at Nov. 01, 2015 | $ 18,926 | $ 5,000 | $ 39,000 | $ (25,074) |
25-1 Forward Split November 29, 2015, Shares | 120,000,000 | |||
Share Issuance to Director Dec 2, 2015, Amount | 16,000,000 | |||
Net Loss (Restated) | (36,425) | (36,425) | ||
Ending Balance, Shares at Oct. 31, 2016 | 141,000,000 | |||
Ending Balance, Amount at Oct. 31, 2016 | (17,499) | $ 5,000 | 39,000 | (61,499) |
Reclassification (prior period) to adjust Common Stock and APIC | 0 | $ 136,000 | (136,000) | |
Reverse Split November 8, 2016 1-1000, Shares | (140,859,000) | |||
Reverse Split November 8, 2016 1-1000, Amount | 0 | $ (140,859) | 140,859 | |
Beginning Balance, Shares at Oct. 31, 2016 | 141,000,000 | |||
Beginning Balance, Amount at Oct. 31, 2016 | (17,499) | $ 5,000 | 39,000 | (61,499) |
Net Loss (Restated) | (78,134) | |||
Ending Balance, Shares at Oct. 31, 2017 | 102,141,189 | |||
Ending Balance, Amount at Oct. 31, 2017 | 6,367 | $ 102,141 | 43,859 | (139,633) |
Shares issued upon rounding to Cede and Co November 8, 2016, Shares at Nov. 08, 2016 | 189 | |||
Shares issued upon rounding to Cede and Co November 8, 2016, Amount at Nov. 08, 2016 | 0 | |||
Share Issuance to Director Dec 2, 2015, Amount | 76,000,000 | |||
Share Issuance to Director February 13, 2017, Amount | 76,000 | $ 76,000 | ||
Shares Issued upon loan conversion February 13, 2017, Shares at Feb. 13, 2017 | 25,000,000 | |||
Shares Issued upon loan conversion February 13, 2017, Amount at Feb. 13, 2017 | 25,000 | $ 25,000 | ||
Net Loss (Restated) | (78,134) | (78,134) | ||
Share Issuance on asset acquisition May 10, 2017, Shares | 1,000,000 | |||
Share Issuance on asset acquisition May 10, 2017, Amount | 1,000 | $ 1,000 | ||
Ending Balance, Shares at Oct. 31, 2017 | 102,141,189 | |||
Ending Balance, Amount at Oct. 31, 2017 | 6,367 | $ 102,141 | 43,859 | (139,633) |
Net Loss (Restated) | (6,368) | (6,368) | ||
Ending Balance, Shares at Oct. 31, 2018 | 102,141,189 | |||
Ending Balance, Amount at Oct. 31, 2018 | $ 0 | $ 102,141 | $ 43,859 | $ (146,000) |
STATEMENTS OF CASH FLOWS
STATEMENTS OF CASH FLOWS - USD ($) | 12 Months Ended | 62 Months Ended | |
Oct. 31, 2018 | Oct. 31, 2017 | Oct. 31, 2018 | |
STATEMENTS OF CASH FLOWS | |||
Net Income (Loss) | $ (6,368) | $ (78,134) | $ (146,000) |
Operating Activities | |||
Changes in assets and liabilities | 5,809 | 77,213 | 120,199 |
Net cash used in operating activities | (559) | (921) | (25,801) |
Financing Activities | |||
Proceeds from the issuance of Common Stock | 44,000 | ||
Related Party | 1,415 | ||
Net cash provided for by financing activities | 0 | 0 | 45,415 |
Investing Activities | |||
Furniture and Fixtures | (8,000) | ||
Depreciation Expense | 214 | 321 | 2,785 |
Sewing Shop | (16,940) | ||
Depreciation Expense | 312 | 318 | 2,541 |
Net cash (used in) provided by investing activities | 526 | 639 | (19,614) |
Net (Decrease) in Cash | (33) | (282) | 0 |
Cash at the beginning of the period | 33 | 315 | |
Cash at the end of the period | 0 | 33 | 0 |
Supplemental disclosure | |||
Cash paid for income taxes | 0 | 0 | 0 |
Cash paid for interest expense | $ 0 | $ 0 | $ 0 |
Organization and Basis of Prese
Organization and Basis of Presentation | 12 Months Ended |
Oct. 31, 2018 | |
Organization and Basis of Presentation | |
Note 1 - Organization and Basis of Presentation | Adaiah Distribution, Inc. (the Company) is a for profit corporation established under the corporation laws in the State of Nevada, United States of America on September 12, 2013. The Company was in the development phase of its custom pillow distribution business. During the third fiscal quarter ending July 31 2018 the Company had ceased its operations of its Pillow manufacturing and sales and is not currently engaged in any business operations. We are however in the process of attempting to identify locate, and if warranted, acquire new commercial opportunities. The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. The Financial Statements and related disclosures as of October 31, 2017 are audited pursuant to the rules and regulations of the United States Securities and Exchange Commission (SEC). Unless the context otherwise requires, all references to Adaiah Distribution, we, us, our or the company are to Adaiah Distribution, Inc. Unless the context otherwise requires, all references to Adaiah Distribution, we, us, our or the company are to Adaiah Distribution, Inc. |
Significant Accounting Policies
Significant Accounting Policies and Recent Accounting Pronouncements | 12 Months Ended |
Oct. 31, 2018 | |
Organization and Basis of Presentation | |
Note 2 - Significant Accounting Policies and Recent Accounting Pronouncements | Use of Estimates and Assumptions The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. Due to the limited level of operations, the Company has not had to make material assumptions or estimates. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Fair Value of Financial Instruments ASC 825, Disclosures about Fair Value of Financial Instruments, requires disclosure of fair value information about financial instruments. ASC 820, Fair Value Measurements defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of October 31, 2018. The respective carrying values of certain on-balance-sheet financial instruments approximate their fair values. These financial instruments include cash, accrued liabilities and notes payable. Fair values were assumed to approximate carrying values for these financial instruments since they are short term in nature and their carrying amounts approximate fair value. Basic and Diluted Loss Per Share The Company computes earnings (loss) per share in accordance with ASC 260-10-45 Earnings per Share, which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic earnings (loss) per share is computed by dividing net earnings (loss) available to common stockholders by the weighted average number of outstanding common shares during the period. Diluted earnings (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive earnings (loss) per share excludes all potential common shares if their effect is anti-dilutive. The Company has no potential dilutive instruments, and therefore, basic and diluted earnings (loss) per share are equal. Revenue Recognition The company follows the guidelines of ASC 605-15 for revenue recognition. Revenue is recognized when the product has been prepaid by the customer, shipped from either Adaiah Distribution or one of our vendors and the product has been delivered and signed for by the customer as evidenced by the shipping company. Customers are allowed to return the products within 30 days for a refund, if the packages are unopened. Income Taxes We use the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, Income Taxes. Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entitys financial statements or tax returns. 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. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized. ASC Topic 740.10.30 clarifies the accounting for uncertainty in income taxes recognized in an enterprises financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740.10.40 provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. We have no material uncertain tax positions for any of the reporting periods presented. Recent Accounting Pronouncements The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Companys results of operations, financial position or cash flow. |
Property and Equipment
Property and Equipment | 12 Months Ended |
Oct. 31, 2018 | |
Property and Equipment | |
Note 3 - Property and Equipment | The net carrying value of the property and equipment was written in the third quarter of the current fiscal year ending October 31, 2018 as it has not future economic value. |
Concentrations
Concentrations | 12 Months Ended |
Oct. 31, 2018 | |
Concentrations | |
Note 4 - Concentrations | Initial sales are concentrated with one client. Sales are made without collateral and the credit-related losses are insignificant or non-existent. Accordingly, there is no provision made to include an allowance for doubtful accounts. |
Legal Matters
Legal Matters | 12 Months Ended |
Oct. 31, 2018 | |
Legal Matters | |
Note 5 - Legal Matters | The Company has no known legal issues pending. |
Debt
Debt | 12 Months Ended |
Oct. 31, 2018 | |
Debt | |
Note 6 - Debt | In 2016 a convertible promissory Note was issued to a third party in the amount of $37,291 .In February 2017 25,000,000 million shares were issued in exchange of payment of $25,000 of the Note. In early 2018 the third party holding the Note has entered into corporate dissolution in the State of Florida. The balance of the Note in the amount of $12,291 has therefore been written off in the third quarter of the fiscal year ending October 31, 2018, as part of the write off of the net assets of the Company. Additionally the amount of $1,415 due to the prior Director has also been written off the books of the Company. |
Capital Stock
Capital Stock | 12 Months Ended |
Oct. 31, 2018 | |
Capital Stock | |
Note 7 - Capital Stock | On October 28, 2013 the Company authorized 75,000,000 shares of commons stock with a par value of $0.001 per share. On October 28, 2013 the Company issued 4,000,000 shares of common stock for a purchase price of $0.001 per share to its sole director. The Company received aggregate gross proceeds of $4,000.00. In January 2015 a total of 1,000,000 shares were issued to a total of 30 shareholders for $.04 per share for total proceeds of $40,000. The shares were registered pursuant to a Registration Statement on Form S-1 as filed with the Securities and Exchange Commission that was declared effective on November 3, 2014. On November 29, 2015, the Companys board of directors elected by unanimous written consent to file Articles of Amendment to its Articles of Incorporation with the Nevada Secretary of State to (i) increase the Companys authorized number of shares of common stock from 75 million to 750 million, and (ii) increase the Companys total issued and outstanding shares of common stock by conducting a forward split of such shares at the rate of 25 shares for every one (1) share currently issued and outstanding (the Forward Split). On December 4, 2015, the Company filed such Articles of Amendment with the Nevada Secretary of State. The record date for the Forward Split is December 1, 2015. On December 4, 2015, the Company filed an Issuer Company-Related Action Notification Form with FINRA requesting that the aforementioned Forward Split be effected in the market. Such notification form is being reviewed by FINRA. On December 2, 2015, the Company by written consent of the Board of Directors approved the issuance to Mr. Nikolay Titov of 16,000,000 restricted shares of the Companys common stock in exchange for continued services as the sole member of the Board and the Companys sole executive officer. These shares are being issued subsequent to the stock split and increased the Companys total issued and outstanding shares following such stock split to 141 million shares. On September 19, 2016, the Company filed Articles of Amendment to its Articles of Incorporation with the Nevada Secretary of State whereby it amended its Articles of Incorporation by (i) decreasing the Companys authorized number of shares of common stock from 750 million to 750,000, and (ii) decreasing the Companys total issued and outstanding shares of common stock by conducting a reverse split of such shares at the rate of one (1) share for every one thousand (1,000) share currently issued and outstanding, resulting in 141,000 shares being issued and outstanding. On November 8, 2016 the Companys request for the Reverse Split was approved by FINRA and effected in the market. The Companys ticker symbol was also changed to ADAD. On November 16, 2016 the Company issued 166 shares to Cede and Company for rounding as a result of the reverse split. On January 17, 2017 the Company amended its articles of incorporation to increase its authorized shares back to 750,000,000. On February 13, 2017 the Company issued 76,000,000 shares to its sole director for continuation of his services to the Company. On February 13, 2017 the Company issued 25,000,000 shares in exchange of conversion of $25,000 of debt to a third party. On May 2, 2017 the Company issued 1,000,000 shares to 3D PIONEER SYSTEMS LTD as an advance payment for an asset purchase agreement. As of October 31, 2018 there were 102,141,189 shares of common stock outstanding. As of October 31, 2018 there were no outstanding stock options or warrants. |
Income Taxes
Income Taxes | 12 Months Ended |
Oct. 31, 2018 | |
Income Taxes | |
Note 8 - Income Taxes | The Company uses the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, Income Taxes. Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entitys financial statements or tax returns. 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. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized. ASC Topic 740.10.30 clarifies the accounting for uncertainty in income taxes recognized in an enterprises financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740.10.40 provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. We have no material uncertain tax positions for any of the reporting periods presented. |
Related Party Transactions
Related Party Transactions | 12 Months Ended |
Oct. 31, 2018 | |
Related Party Transactions | |
Note 9 - Related Party Transactions | The Companys sole officer and director is involved in other business activities and may in the future, become involved in other business opportunities as they become available. On December 2, 2015, the Company by written consent of the Board of Directors approved the issuance to Mr. Nikolay Titov (the prior director) of 16,000,000 restricted shares of the Companys common stock in exchange for continued services as the sole member of the Board and the Companys sole executive officer. On February 17, 2017 the Company by written consent of the Board of Directors approved the issuance to Mr. Nikolay Titov an additional 76,000,000 restricted shares of the Companys common stock in exchange for continued services as the sole member of the Board and the Companys sole executive officer. |
Going Concern
Going Concern | 12 Months Ended |
Oct. 31, 2018 | |
Concentrations | |
Note 10 - Going Concern | The accompanying financial statements and notes have been prepared assuming that the Company will continue as a going concern. The Companys ability to continue as a going concern is dependent upon the Companys ability to generate sufficient revenues to operate profitably or raise additional capital through debt financing and/or through sales of common stock. In the event the Company is not able to do so the director of the Company has agreed to provide the necessary funding for the Company to continue in a limited operations scenario for the next 12 months, which would include the costs associated with maintaining reporting status with the Securities and Exchange Commission. The failure to achieve the necessary levels of profitability or obtain the additional funding would be detrimental to the Company. |
Asset Purchase Agreement
Asset Purchase Agreement | 12 Months Ended |
Oct. 31, 2018 | |
Asset Purchase Agreement | |
Note 11 - Asset Purchase Agreement | On May 10, 2017, the Company entered into an Asset Purchase Agreement (the Agreement) signed February 10, 2017 with 3D Pioneer Systems Inc. (3D). Pursuant to the Agreement, once all terms of the agreement are met, Adaiah will acquire certain intellectual property, apps, other assets and related contractual rights held by 3D in exchange for 1 million shares of Adaiahs common stock and a cash payment of $30,000, along with an obligation to make three (3) additional payments of $30,000 every ninety (90) days following the closing. This contract was not consummated and the share issuance has been written off as an expense in the fiscal year ending October 31, 2017. |
Subsequent Events
Subsequent Events | 12 Months Ended |
Oct. 31, 2018 | |
Subsequent Events | |
Note 12 - Subsequent Events | On April 25, 2019, the eighth judicial District Court of Nevada appointed Yosef Yafe as custodian for the Company, proper notice having been given. There was no opposition. Pursuant to the Order of Custodianship, a Special Meeting of Shareholders was held on May 29, 2019 at 8:00 a.m. PST, Yosef Yafe as limited custodian. Notice was sent May 13, 2019 in compliance with Court Order. Present were Yosef (holding shares through Cede & Co.) and two additional proxies also holding shares through Cede & Co.). A Special Meeting of the Board of Directors (by written consent) on May 31, 2019 was held electing Yosef as all officers, changing the Registered Agent to Holly, Driggs, Walch law firm, and approving a loan from Yosef to the Company evidenced by a Promissory Note dated May 31, 2019 for $3,231.00 to cover expenses paid by Yosef. The Company has evaluated events subsequent to the date these financial statements have been issued to assess the need for potential recognition or disclosure in this report. Such events were evaluated through the date these financial statements were available to be issued. Based upon this evaluation, it was determined that other than the event disclosed above, no other subsequent events occurred that require recognition or disclosure in the financial statements. |
Significant Accounting Polici_2
Significant Accounting Policies and Recent Accounting Pronouncements (Policies) | 12 Months Ended |
Oct. 31, 2018 | |
Significant Accounting Policies and Recent Accounting Pronouncements (Policies) | |
Use of Estimates and Assumptions | The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. Due to the limited level of operations, the Company has not had to make material assumptions or estimates. |
Cash and Cash Equivalents | The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. |
Fair Value of Financial Instruments | ASC 825, Disclosures about Fair Value of Financial Instruments, requires disclosure of fair value information about financial instruments. ASC 820, Fair Value Measurements defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of October 31, 2018. The respective carrying values of certain on-balance-sheet financial instruments approximate their fair values. These financial instruments include cash, accrued liabilities and notes payable. Fair values were assumed to approximate carrying values for these financial instruments since they are short term in nature and their carrying amounts approximate fair value. |
Basic and Diluted Loss Per Share | The Company computes earnings (loss) per share in accordance with ASC 260-10-45 Earnings per Share, which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic earnings (loss) per share is computed by dividing net earnings (loss) available to common stockholders by the weighted average number of outstanding common shares during the period. Diluted earnings (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive earnings (loss) per share excludes all potential common shares if their effect is anti-dilutive. The Company has no potential dilutive instruments, and therefore, basic and diluted earnings (loss) per share are equal. |
Revenue Recognition | The company follows the guidelines of ASC 605-15 for revenue recognition. Revenue is recognized when the product has been prepaid by the customer, shipped from either Adaiah Distribution or one of our vendors and the product has been delivered and signed for by the customer as evidenced by the shipping company. Customers are allowed to return the products within 30 days for a refund, if the packages are unopened. |
Income Taxes | We use the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, Income Taxes. Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entitys financial statements or tax returns. 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. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized. ASC Topic 740.10.30 clarifies the accounting for uncertainty in income taxes recognized in an enterprises financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740.10.40 provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. We have no material uncertain tax positions for any of the reporting periods presented. |
Recent Accounting Pronouncements | The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Companys results of operations, financial position or cash flow. |
Organization and Basis of Pre_2
Organization and Basis of Presentation (Details Narrative) | 12 Months Ended |
Oct. 31, 2018 | |
Organization and Basis of Presentation (Details Narrative) | |
State Country Name | State of Nevada |
Date of Incorporation | Sep. 12, 2013 |
Debt (Details Narrative)
Debt (Details Narrative) | 12 Months Ended |
Oct. 31, 2018USD ($)shares | |
Related Party | $ 1,415 |
Shares Issued Exchange Payment, Shares | shares | 25,000,000 |
Shares Issued Exchange Payment, Amount | $ 25,000 |
Write off of net assets, discontinued Operations | 12,291 |
Convertible Notes Payable [Member] | Third Party [Member] | |
Convertible Promissory Note Issued | $ 37,291 |
Capital Stock (Details Narrativ
Capital Stock (Details Narrative) - USD ($) | 2 Months Ended | 12 Months Ended | |||
Oct. 31, 2013 | Oct. 31, 2018 | Oct. 31, 2017 | Oct. 31, 2015 | Oct. 31, 2016 | |
Common Stock Shares Authorized | 750,000,000 | 750,000,000 | 750,000,000 | ||
Common stock par value | $ 0.001 | $ 0.001 | $ 0.001 | ||
Common Stock Shares Outstanding | 102,141,189 | 102,141,189 | 141,000,000 | ||
Common Shares issued for cash at $0.001 per share, Value | $ 4,000 | $ 40,000 | |||
Total issued and outstanding shares | 141,000,000 | ||||
Common Stock Share Issued | 102,141,189 | 102,141,189 | |||
May 2, 2017 [Member] | 3D PIONEER SYSTEMS LTD [Member] | |||||
Common Stock Share Issued | 1,000,000 | ||||
February 13, 2017 [Member] | Director [Member] | |||||
Common Stock Share Issued | 76,000,000 | ||||
February 13, 2017 [Member] | ThirdParty [Member] | |||||
Common Stock Share Issued | 25,000,000 | ||||
January 17, 2017[Member] | |||||
Common Stock Authorized Shares Increase | 750,000,000 | ||||
November 16, 2016 [Member] | Cede [Member] | |||||
Common Stock Share Issued | 166 | ||||
On December 2, 2015 [Member] | Director [Member] | |||||
Restricted shares issued | 76,000,000 | 76,000,000 | |||
In January 2015 [Member] | Shareholders [Member] | |||||
Purchase price | $ 0.04 | ||||
Common Shares issued for cash at $.04 per share, Shares | 1,000,000 | ||||
Common Shares issued for cash at $.04 per share, Value | $ 40,000 | ||||
Number of shareholders | 30 | ||||
October 28, 2013 [Member] | |||||
Common Stock Shares Authorized | 75,000,000 | ||||
Common stock par value | $ 0.001 | ||||
October 28, 2013 [Member] | Director [Member] | |||||
Common Shares issued for cash at $0.001 per share, Value | $ 4,000 | ||||
Purchase price | $ 0.001 | ||||
Common Shares issued for cash at $0.001 per share, Shares | 4,000,000 | ||||
September 19, 2016 [Member] | Director [Member] | |||||
Common Stock Shares Outstanding | 141,000 | ||||
Amendment to Articles of Incorporation, Description | decreasing the Company’s authorized number of shares of common stock from 750 million to 750,000 | ||||
Common Shares issued - stock split | one (1) share | ||||
On November 29, 2015 [Member] | |||||
Common Shares issued - stock split | 25 shares for every one (1) share | ||||
Description for amendment to articles of incorporation | (i) increase the Company’s authorized number of shares of common stock from 75 million to 750 million, and (ii) increase the Company’s total issued and outstanding shares of common stock by conducting a forward split of such shares at the rate of 25 shares for every one (1) share currently issued and outstanding (the “Forward Split”) |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - Director [Member] - shares | 12 Months Ended | |
Oct. 31, 2018 | Oct. 31, 2017 | |
On December 2, 2015 [Member] | ||
Restricted shares issued | 76,000,000 | 76,000,000 |
February 17, 2017 [Member] | ||
Restricted shares issued | 16,000,000 |
Asset Purchase Agreement (Detai
Asset Purchase Agreement (Details Narrative) - 3D Pioneer Systems Inc [Member] | 12 Months Ended |
Oct. 31, 2017USD ($)shares | |
Asset purchase agreement, description | An obligation to make three (3) additional payments of $30,000 every ninety (90) days following the closing |
Exchange shares of common stock | shares | 1,000,000 |
Cash Payment | $ 30,000 |
Additional payment | 30,000 |
Advanced from related party | $ 30,000 |
Subsequent Events (Details)
Subsequent Events (Details) | 12 Months Ended |
Oct. 31, 2018USD ($) | |
Subsequent Events | |
Approved Loan | $ 3,231 |