AMJ Global Technology (AMJT) 10-K 3 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Nov. 30, 2016	Feb. 27, 2017	May 31, 2016
Document And Entity Information
Entity Registrant Name	KANGE CORP.
Entity Central Index Key	1,593,773
Document Type	10-K
Document Period End Date	Nov. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--11-30
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	Yes
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Public Float Entity			$ 480,750
Entity Common Stock, Shares Outstanding		10,570,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,016

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Nov. 30, 2016	Nov. 30, 2015
Current assets
Cash	$ 155	$ 243
Total current assets	155	243
Total Assets	155	243
Current liabilities
Convertible notes payable to related parties, net of discount	52,081	2,368
Accounts payable	200	5,832
Due to related party	10,250
Accrued expenses - related party	6,029	3,504
Total current liabilities	68,560	11,704
Total Liabilities	68,560	11,704
Stockholders' deficit
Common stock, $0.001 par value, 75,000,000 shares authorized, 10,570,000 and 10,570,000 shares issued and outstanding, respectively	10,570	10,570
Additional paid-in capital	541,253	515,065
Accumulated deficit	(620,228)	(537,096)
Total stockholders' deficit	(68,405)	(11,461)
Total liabilities and stockholders' deficit	$ 155	$ 243

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - $ / shares	Nov. 30, 2016	Nov. 30, 2015
Balance Sheets Parenthetical
Common stock, Par value	$ 0.001	$ 0.001
Common stock, Authorized	75,000,000	75,000,000
Common stock, Issued	10,570,000	10,570,000
Common stock, Outstanding	10,570,000	10,570,000

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Statements Of Operations
Revenue
Operating expenses:
General and administrative	27,593	30,200
Total Operating Expenses	27,593	30,200
Operating loss	(27,593)	(30,200)
Other income (expense):
Interest expense	(5,826)	(203)
Amortization of debt discount	(49,713)	(2,368)
Loss on acquisition of contractual rights		(471,672)
Total other income (expense)	(55,539)	(474,243)
Net loss	$ (83,132)	$ (504,443)
Net Income/(loss) per share - basic and diluted	$ (0.01)	$ (0.09)
Weighted average number of shares outstanding - basic and diluted	10,570,000	5,810,548

STATEMENTS OF STOCKHOLDERS' DEF

STATEMENTS OF STOCKHOLDERS' DEFICIT - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning Balance, Amount at Nov. 30, 2013	$ 5,520	$ 15,680	$ (678)	$ 20,522
Beginning Balance, Shares at Nov. 30, 2013	5,520,000
Net Loss			(31,975)	(31,975)
Ending Balance, Amount at Nov. 30, 2014	$ 5,520	15,680	(32,653)	(11,453)
Ending Balance, Shares at Nov. 30, 2014	5,520,000
Issuance of common stock for services, Value	$ 50	4,650		4,700
Issuance of common stock for services, Shares	50,000
Issuance of common stock for assignment of acquisition rights, Value	$ 5,000	466,672		(471,672)
Issuance of common stock for assignment of acquisition rights, Shares	5,000,000
Beneficial conversion feature		28,063		28,063
Net Loss			(504,443)	(504,443)
Ending Balance, Amount at Nov. 30, 2015	$ 10,570	515,065	(537,096)	(11,461)
Ending Balance, Shares at Nov. 30, 2015	10,570,000
Issuance of common stock for services, Value
Issuance of common stock for assignment of acquisition rights, Value
Beneficial conversion feature		26,188		26,188
Net Loss			(83,132)	(83,132)
Ending Balance, Amount at Nov. 30, 2016	$ 10,570	$ 541,253	$ (620,228)	$ (68,405)
Ending Balance, Shares at Nov. 30, 2016	10,570,000

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Cash flows from operating activities:
Net Income/(loss)	$ (83,132)	$ (504,443)
Adjustments to reconcile net loss to net cash (used in) operating activities:
Amortization of debt discount	49,713	2,368
Issuance of common stock for services		4,700
Issuance of common stock for rights to acquisition		471,672
Changes in operating assets and liabilities:
Accounts payable	(5,632)	5,832
Accrued expenses - related party	2,525	3,504
Net cash used in operating activities	(36,526)	(16,367)
Cash flows from financing activities:
Proceeds from loan from related party	10,250	6,650
Proceeds from convertible note payable to related party	26,188
Issuance of note payable for services		9,935
Net cash provided by financing activities	36,438	16,585
Net Change in Cash	(88)	218
Cash, beginning of period	243	25
Cash, end of period	155	243
SUPPLEMENTARY DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest
Cash paid for taxes
NON-CASH INVSTING AND FINANCING ACTIVITIES:
Conversion of shareholder loan to note payable		18,128
Beneficial Conversion Feature	$ 26,188	$ 26,063

ORGANIZATION AND NATURE OF BUSI

ORGANIZATION AND NATURE OF BUSINESS	12 Months Ended
	Nov. 30, 2016
Notes to Financial Statements
1. ORGANIZATION AND NATURE OF BUSINESS	Organization Kange Corp. ("Kange," the "Company," "we," "us," or "our") was incorporated under the laws of the State of Nevada on August 16, 2013 (Inception). We are a development stage company developing mobile software products, for Apple and Android platforms, starting in Estonia and Europe, which is our initial intended market. Apple is a trademark of Apple Inc., and Android is a trademark of Alphabet Inc. Basis of Presentation 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 Company's year-end is November 30. Fair Value of Financial Instruments The Company measures its financial assets and liabilities in accordance with generally accepted accounting principles. For certain of our financial instruments, including cash, accounts payable, accrued expenses, and short-term loans the carrying amounts approximate fair value due to their short maturities. The Company evaluates its convertible debt, options, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for. The result of this accounting treatment is that under certain circumstances the fair value of the derivative is marked-to-market each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Equity instruments that are initially classified as equity that become subject to reclassification under this accounting standard are reclassified to liability at the fair value of the instrument on the reclassification date. Going Concern The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company sustained net losses of $83,132 and used cash in operating activities of $36,526 for the year ended November 30, 2016. The Company had working capital deficit, stockholders' deficit and accumulated deficit of $68,405, $68,405 and $620,228, respectively, at November 30, 2016. These factors raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The Company's continuation as a going concern is dependent upon its ability to generate revenues and its ability to continue receiving investment capital and loans from third parties to sustain its current level of operations. The Company is in the process of securing working capital from investors for common stock, convertible notes payable, and/or strategic partnerships. No assurance can be given that the Company will be successful in these efforts. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. 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 and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates in the accompanying financial statements include the amortization period for intangible assets, valuation and impairment valuation of intangible assets, depreciable lives of the web site and property and equipment, valuation of warrants and beneficial conversion feature debt discounts, valuation of derivatives, valuation of share-based payments and the valuation allowance on deferred tax assets. Reclassifications Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported losses, total assets, or stockholders' equity as previously reported. Net Earnings (Loss) Per Share In accordance with ASC 260-10, "Earnings per Share," basic net earnings (loss) per common share is computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share are computed using the weighted average number of common and dilutive common stock equivalent shares outstanding during the period. Dilutive common stock equivalent shares which may dilute future earnings per share consist of convertible notes convertible into 2,851,185 common shares. Equivalent shares are not utilized when the effect is anti-dilutive (see Note 3). Effect of Recent Accounting Pronouncements The Company reviews new accounting pronouncements as issued. No new pronouncements had any material effect on these unaudited financial statements. The accounting pronouncements issued subsequent to the date of these unaudited financial statements that were considered significant by management were evaluated for the potential effect on these unaudited financial statements. Management does not believe any of the subsequent pronouncements will have a material effect on these unaudited financial statements as presented and does not anticipate the need for any future restatement of these unaudited condensed financial statements because of the retro-active application of any accounting pronouncements issued subsequent to November 30, 2016 through the date these unaudited financial statements were issued.

ASSIGNMENT OF CONTRACTUAL RIGHT

ASSIGNMENT OF CONTRACTUAL RIGHTS	12 Months Ended
	Nov. 30, 2016
Notes to Financial Statements
2. ASSIGNMENT OF CONTRACTUAL RIGHTS	On November 9, 2015, in exchange for 5,000,000 shares of common stock of the Company, the Company was assigned by AMJ Global, LLC ("AMJ Global"), a company beneficially owned by Dr. Arthur Malone, Jr., the Company's chief executive officer and director, the contractual rights of AMJ Global pursuant to its agreements with Blabeey, Inc. ("Blabeey"), a mobile App designer focused on social media and messaging. The irrevocable assignment, transferred and conveyed in its entirety to the Company, all of AMJ Global's rights and obligations that are stipulated and set forth in every and all agreements between AMJ Global and Blabeey, including, but not limited to, the agreement between AMJ Global and Blabeey dated October 26, 2015. The transaction was, due to the structure of the agreement, between entities under common control and therefore the amount of the historical cost of the assets, $471,672, was recorded as an expense as there is no fixed and determinable future value, and the expense was recorded as a loss on the acquisition of contractual rights. See Notes 5 and 6.

CONVERTIBLE NOTES PAYABLE AND C

CONVERTIBLE NOTES PAYABLE AND CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES, NET OF DISCOUNTS	12 Months Ended
	Nov. 30, 2016
Notes to Financial Statements
3. CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES, NET OF DISCOUNTS	Convertible notes payable, net of discounts, all classified as current at November 30, 2016 and November 30, 2015, consists of the following: Convertible notes to related parties, net of discounts November 30, 2016 November 30, 2015 Principal, Principal, Debt net of Debt net of Principal Discount Discounts Principal Discount Discounts AMJ Global, LLC (a) $ 9,935 $ - $ 9,935 $ 9,935 $ (9,363) $ 572 AMJ Global, LLC 18,128 - 18,128 18,128 (16,332) 1,796 AMJ Global, LLC 19,901 - 19,901 - - - AMJ Global, LLC 6,287 (2,170) 4,117 - - - Total $ 54,251 $ (2,170) $ 52,081 $ 28,063 $ (25,695) $ 2,368 _________ (a) Assigned from Victor Stepanov on March 15, 2016. On November 9, 2015, the Company executed a convertible promissory note with Victor Stepanov, the former chief executive officer and director of the Company, for $9,935, in exchange for accrued compensation pursuant to his employment agreement with the Company. The note bears interest at the rate of 12% per annum, which accrues monthly. As of November 30, 2016 and 2015, the accrued interest was $1,265 and $72, respectively. The note matures on November 8, 2016. The note has a conversion feature of $0.02 per share. A beneficial conversion feature of $9,935 was recorded and will be accreted monthly from the issuance date of the note through maturity. As of November 30, 2016 and November 30, 2015, $9,935 and $572, respectively, has been recorded as a beneficial conversion feature expense. On March 15, 2016, Mr. Stepanov assigned this convertible promissory note to AMJ Global, LLC ("AMJ Global"). See Notes 5 and 6. On November 9, 2015, the Company executed a convertible promissory note with AMJ Global, a company which is beneficially owned by Dr. Arthur Malone, Jr., the chief executive officer and director of the Company, for $18,128. This note was created due to the assignment of the balance due to shareholder (see Note 5), which was assigned to AMJ Global on November 9, 2015. The note bears interest at the rate of 12% per annum, which accrues monthly. As of November 30, 2016 and 2015, the accrued interest was $2,310 and $131, respectively. The note matures on November 8, 2016. The note has a conversion feature of $0.02 per share. A beneficial conversion feature of $18,128 was recorded and was accreted monthly from the issuance date of the note through maturity. As of November 30, 2016 and 2015, $18,128 and $1,796, respectively, has been recorded as a beneficial conversion feature expense. See Note 5. On February 5, 2016, the Company executed a convertible promissory note with AMJ Global for $19,901. This note was in exchange for the payment of certain vendors of the Company. The note bears interest at the rate of 12% per annum, which accrues monthly. As of November 30, 2016, the accrued interest was $1,960. The note matures on February 4, 2017. The note has a conversion feature of $0.02 per share. The underlying stock value at date of issuance was $0.90. A beneficial conversion feature of $19,901 was recorded and was accreted monthly from the issuance date of the note through maturity. As of November 30, 2016, $19,901 has been recorded as a beneficial conversion feature expense. See Note 5. On April 6, 2016, the Company executed a convertible promissory note with AMJ Global for $6,287. This note was in exchange for the payment of certain vendors of the Company. The note bears interest at the rate of 12% per annum, which accrues monthly. As of November 30, 2016, the accrued interest was $493. The note matures on April 6, 2017. The note has a conversion feature of $0.02 per share. The underlying stock value at date of issuance was $2. A beneficial conversion feature of $6,287 was recorded and will be accreted monthly from the issuance date of the note through maturity. As of November 30, 2016, $4,117 has been recorded as a beneficial conversion feature expense. See Note 5.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Nov. 30, 2016
Notes to Financial Statements
4. COMMITMENTS AND CONTINGENCIES	Legal Matters From time to time, we may be involved in litigation relating to claims arising out of our operations in the normal course of business. As of November 30, 2016, there were no pending or threatened lawsuits.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Nov. 30, 2016
Notes to Financial Statements
5. RELATED PARTY TRANSACTIONS	In support of the Company's efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note. On August 16, 2013, our sole director and principal shareholder advanced $678 to the Company to fund its initial incorporation with the Nevada Secretary of State. The sole director and principal shareholder loaned a further $500 to the Company on October 30, 2013 as working capital. During October 2014, a director had loaned $10,300 to the Company for working capital. During the fiscal year 2015, through November 9, 2015, an additional $6,650 was loaned to the Company. On November 9, 2015, the total for the loan from this director was $18,128 and it was assigned to AMJ Global, a company controlled by Dr. Arthur Malone, Jr., the Company's chief executive officer and director. The Company executed a convertible note payable to AMJ Global for $18,128. This note was created due to the assignment of the balance due to shareholder (see Note 3), which was assigned to AMJ Global on November 9, 2015. On February 5, 2016, the Company executed a convertible promissory note with AMJ Global for $19,901. This note was in exchange for the payment of certain vendors of the Company. The note bears interest at the rate of 12% per annum, which accrues monthly. The note matures on June 8, 2016. The note has a conversion feature of $0.02 per share. See Note 3. On March 15, 2016, Mr. Stepanov assigned his convertible promissory note to AMJ Global. See Note 3. On April 6, 2016, the Company executed a convertible promissory note with AMJ Global for $6,287. This note was in exchange for the payment of certain vendors of the Company. The note bears interest at the rate of 12% per annum, which accrues monthly. The note matures on April 6, 2017. The note has a conversion feature of $0.02 per share. See Note 3. In the year ended November 30, 2016, the Company had $10,250 of general and administrative expenses paid by AMJ Global, a company beneficially owned by Dr. Arthur Malone, Jr., the chief executive officer and director of the Company. As of November 30, 2016 and 2015, the Company had accrued expenses to related party balances of $6,029 and $3,504. The Company has not yet agreed to terms for repayment.

COMMON STOCK

COMMON STOCK	12 Months Ended
	Nov. 30, 2016
Notes to Financial Statements
6. COMMON STOCK	Common Stock The Company was authorized to issue up to 75,000,000 shares of common stock, par value $0.001 per share. Each outstanding share of common stock entitles the holder to one vote per share on all matters submitted to a stockholder vote. All shares of common stock are non-assessable and non-cumulative, with no pre-emptive rights. On August 29, 2013, the Company issued 3,000,000 shares of common stock for cash proceeds of $3,000 at $0.001 per share. On September 23, 2013, the Company issued 1,400,000 shares of common stock for cash proceeds of $7,000 at $0.005 per share. On October 17, 2013, the Company issued 1,120,000 shares of common stock for cash proceeds of $11,200 at $0.01 per share. On November 9, 2015, the Company issued 5,000,000 shares of common stock to AMJ Global in exchange for the assignment of the rights AMJ Global holds in regards to the agreement with Blabeey (see Note 3). The Company's stock is thinly traded and there are no other transactions to establish the valuation of the issuance therefore the original historical costs ($471,672) of the assets to be acquired under the contractual rights was recorded as the value of the shares issued as a result of a non-cash transaction between entities under common control. The value per share, based on this transaction, is $0.094. See Notes 3 and 5. On November 9, 2015, the Company issued 50,000 shares of common stock to Victor Stepanov, the former chief executive officer and director, pursuant to the terms of his employment agreement with the Company. The Company's stock is thinly traded and there are no other transactions to establish the valuation of the issuance therefore the valuation used for the AMJ Global transaction of $0.094 per share was utilized, thus, the value of the services was recorded as $4,700. See Note 5. There were 10,570,000 shares of common stock issued and outstanding as of November 30, 2016.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Nov. 30, 2016
Notes to Financial Statements
7. INCOME TAXES	For the fiscal year 2015 and 2014, there was no provision for income taxes and deferred tax assets have been entirely offset by valuation allowances. As of November 30, 2016 and 2015, the Company has net operating loss carry forwards of approximately $108,832 and $25,700, respectively. The carry forwards expire through the year 2036. The Company's net operating loss carry forwards may be subject to annual limitations, which could reduce or defer the utilization of the losses as a result of an ownership change as defined in Section 382 of the Internal Revenue Code. The Company's tax expense differs from the "expected" tax expense for Federal income tax purposes (computed by applying the United States Federal tax rate of 34% to loss before taxes), as follows: For the Years Ended November 30, 2016 2015 Tax expense (benefit) at the statutory rate $ (28,265 ) $ (171,511 ) State income taxes, net of federal income tax benefit - (933 ) Non-deductible items - 162,772 Change in valuation allowance 28,265 9,672 Total $ - $ - The tax effects of the temporary differences between reportable financial statement income and taxable income are recognized as deferred tax assets and liabilities. The tax effect of significant components of the Company's deferred tax assets and liabilities at November 30, 2016 and 2015, respectively, are as follows: November 30, 2016 2015 Deferred tax assets $ 37,937 $ 9,672 Less: Deferred tax asset valuation allowance (37,937) (9,672) Total net deferred tax assets $ - - In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Because of the historical earnings history of the Company, the net deferred tax assets for 2016 and 2015 were fully offset by a 100% valuation allowance. The valuation allowance for the remaining net deferred tax assets was $37,937 and $9,672 as of November 30, 2016 and 2015, respectively.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Nov. 30, 2016
Notes to Financial Statements
8. SUBSEQUENT EVENTS	The Company has evaluated subsequent events from November 30, 2016 through the date the financial statements were available to be issued and has determined that there have been no subsequent events after November 30, 2016 for which disclosure is required.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Nov. 30, 2016
Summary Of Significant Accounting Policies Policies
Organization	Kange Corp. ("Kange," the "Company," "we," "us," or "our") was incorporated under the laws of the State of Nevada on August 16, 2013 (Inception). We are a development stage company developing mobile software products, for Apple and Android platforms, starting in Estonia and Europe, which is our initial intended market. Apple is a trademark of Apple Inc., and Android is a trademark of Alphabet Inc.
Basis of Presentation	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 Company's year-end is November 30.
Fair Value of Financial Instruments	The Company measures its financial assets and liabilities in accordance with generally accepted accounting principles. For certain of our financial instruments, including cash, accounts payable, accrued expenses, and short-term loans the carrying amounts approximate fair value due to their short maturities. The Company evaluates its convertible debt, options, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for. The result of this accounting treatment is that under certain circumstances the fair value of the derivative is marked-to-market each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Equity instruments that are initially classified as equity that become subject to reclassification under this accounting standard are reclassified to liability at the fair value of the instrument on the reclassification date.
Going Concern	The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company sustained net losses of $83,132 and used cash in operating activities of $36,526 for the year ended November 30, 2016. The Company had working capital deficit, stockholders' deficit and accumulated deficit of $68,405, $68,405 and $620,228, respectively, at November 30, 2016. These factors raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The Company's continuation as a going concern is dependent upon its ability to generate revenues and its ability to continue receiving investment capital and loans from third parties to sustain its current level of operations. The Company is in the process of securing working capital from investors for common stock, convertible notes payable, and/or strategic partnerships. No assurance can be given that the Company will be successful in these efforts. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
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 and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates in the accompanying financial statements include the amortization period for intangible assets, valuation and impairment valuation of intangible assets, depreciable lives of the web site and property and equipment, valuation of warrants and beneficial conversion feature debt discounts, valuation of derivatives, valuation of share-based payments and the valuation allowance on deferred tax assets.
Reclassifications	Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported losses, total assets, or stockholders' equity as previously reported.
Net Earnings (Loss) Per Share	In accordance with ASC 260-10, "Earnings per Share," basic net earnings (loss) per common share is computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share are computed using the weighted average number of common and dilutive common stock equivalent shares outstanding during the period. Dilutive common stock equivalent shares which may dilute future earnings per share consist of convertible notes convertible into 2,851,185 common shares. Equivalent shares are not utilized when the effect is anti-dilutive (see Note 3).
Effect of Recent Accounting Pronouncements	The Company reviews new accounting pronouncements as issued. No new pronouncements had any material effect on these unaudited financial statements. The accounting pronouncements issued subsequent to the date of these unaudited financial statements that were considered significant by management were evaluated for the potential effect on these unaudited financial statements. Management does not believe any of the subsequent pronouncements will have a material effect on these unaudited financial statements as presented and does not anticipate the need for any future restatement of these unaudited condensed financial statements because of the retro-active application of any accounting pronouncements issued subsequent to November 30, 2016 through the date these unaudited financial statements were issued.

CONVERTIBLE NOTES PAYABLE AND16

CONVERTIBLE NOTES PAYABLE AND CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES, NET OF DISCOUNTS (Tables)	12 Months Ended
	Nov. 30, 2016
Convertible Notes Payable And Convertible Notes Payable To Related Parties Net Of Discounts Tables
Convertible notes to related parties	Convertible notes to related parties, net of discounts November 30, 2016 November 30, 2015 Principal, Principal, Debt net of Debt net of Principal Discount Discounts Principal Discount Discounts AMJ Global, LLC (a) $ 9,935 $ - $ 9,935 $ 9,935 $ (9,363 ) $ 572 AMJ Global, LLC 18,128 - 18,128 18,128 (16,332 ) 1,796 AMJ Global, LLC 19,901 - 19,901 - - - AMJ Global, LLC 6,287 (2,170) 4,117 - - - Total $ 54,251 $ (2,170) $ 52,081 $ 28,063 $ (25,695) $ 2,368

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Nov. 30, 2016
Income Taxes Tables
Schedule of tax expense for Federal income tax purpos	For the Years Ended November 30, 2016 2015 Tax expense (benefit) at the statutory rate $ (28,265 ) $ (171,511 ) State income taxes, net of federal income tax benefit - (933 ) Non-deductible items - 162,772 Change in valuation allowance 28,265 9,672 Total $ - $ -
Schedule of Deferred tax assets and liabilities	November 30, 2016 2015 Deferred tax assets $ 37,937 $ 9,672 Less: Deferred tax asset valuation allowance (37,937) (9,672) Total net deferred tax assets $ - -

ORGANIZATION AND NATURE OF BU18

ORGANIZATION AND NATURE OF BUSINESS (Details Narrative) - USD ($)	12 Months Ended
	Nov. 30, 2016	Nov. 30, 2015	Nov. 30, 2014	Oct. 31, 2014	Nov. 30, 2013	Oct. 30, 2013
Organization And Nature Of Business Details Narrative
State of incorporation	State of Nevada
Date of incorporation	Aug. 16, 2013
Net loss	$ (83,132)	$ (504,443)
Net cash used in operating activities	(36,526)	(16,367)
Working capital deficit	(68,405)			$ 10,300		$ 500
Stockholders' deficit	(68,405)	(11,461)	$ (11,453)		$ 20,522
Accumulated deficit	$ (620,228)	$ (537,096)
Earnings per convertible notes common shares	2,851,185

ASSIGNMENT OF CONTRACTUAL RIG19

ASSIGNMENT OF CONTRACTUAL RIGHTS (Details Narrative)	Nov. 09, 2015USD ($)shares
Assignment Of Contractual Rights Details Narrative
Common stock shares exchange | shares	5,000,000
Historical cost | $	$ 471,672

CONVERTIBLE NOTES PAYABLE TO RE

CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES, NET OF DISCOUNTS (Details) - USD ($)	Nov. 30, 2016	Nov. 30, 2015
Principal	$ 54,251	$ 28,063
Debt Discount	(2,170)	(25,695)
Principal, net of discount	52,081	2,368
AMJ Global LLC [Member]
Principal	9,935	9,935
Debt Discount		(9,363)
Principal, net of discount	9,935	572
AMJ Global LLC One [Member]
Principal	18,128	18,128
Debt Discount		(16,332)
Principal, net of discount	18,128	1,796
AMJ Global LLC Two [Member]
Principal	19,901
Debt Discount
Principal, net of discount	19,901
AMJ Global LLC Three [Member]
Principal	6,287
Debt Discount	(2,170)
Principal, net of discount	$ 4,117

CONVERTIBLE NOTES PAYABLE TO 21

CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES, NET OF DISCOUNTS (Details Narrative) - USD ($)	Apr. 06, 2016	Feb. 05, 2016	Nov. 09, 2015	Nov. 30, 2016	Nov. 30, 2015
Beneficial conversion feature recorded				$ (49,713)	$ (2,368)
AMJ Global LLC [Member]
Convertible notes payable	$ 6,287	$ 19,901	$ 9,935
Interest rate	12.00%	12.00%	12.00%
Maturity date	Apr. 6, 2017	Jun. 8, 2016	Nov. 8, 2016
Accrued interest				$ 1,265	72
Conversion price per shares	$ 0.02	$ 0.02		$ 0.02
Beneficial conversion feature recorded				$ 9,935
Beneficial conversion feature expense				9,935	572
AMJ Global LLC One [Member]
Convertible notes payable			$ 18,128
Interest rate			12.00%
Maturity date			Nov. 8, 2016
Accrued interest				$ 2,310	131
Conversion price per shares				$ 0.02
Beneficial conversion feature recorded				$ 18,128
Beneficial conversion feature expense				18,128	$ 1,796
AMJ Global LLC Two [Member]
Convertible notes payable		$ 19,901
Interest rate		12.00%
Maturity date		Feb. 4, 2017
Accrued interest				$ 1,960
Conversion price per shares				$ 0.02
Underlying stock value				$ 0.90
Beneficial conversion feature recorded				$ 19,901
Beneficial conversion feature expense				19,901
AMJ Global LLC Three [Member]
Convertible notes payable	$ 6,287
Interest rate	12.00%
Maturity date	Apr. 6, 2017
Accrued interest				$ 493
Conversion price per shares				$ 0.02
Underlying stock value				$ 2
Beneficial conversion feature recorded				$ 6,287
Beneficial conversion feature expense				$ 4,117

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Apr. 06, 2016	Feb. 05, 2016	Nov. 09, 2015	Nov. 30, 2016	Nov. 30, 2015	Oct. 31, 2014	Oct. 30, 2013	Aug. 16, 2013
General and administrative expenses				$ 27,593	$ 30,200
Accrued expenses - related party				6,029	3,504
Working capital				(68,405)		$ 10,300	$ 500
Loan			$ 18,128		$ 6,650
Nevada Secretary [Member]
Advanced from shareholder								$ 678
AMJ Global LLC [Member]
General and administrative expenses				$ 10,250
Convertible notes payable	$ 6,287	$ 19,901	$ 9,935
Interest rate	12.00%	12.00%	12.00%
Conversion price per shares	$ 0.02	$ 0.02		$ 0.02
Maturity date	Apr. 6, 2017	Jun. 8, 2016	Nov. 8, 2016

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative) - USD ($)	Nov. 09, 2015	Oct. 17, 2013	Sep. 23, 2013	Aug. 29, 2013	Nov. 30, 2016	Nov. 30, 2015
Common stock, Issued					10,570,000	10,570,000
Common stock, Outstanding					10,570,000	10,570,000
Common stock, Par value					$ 0.001	$ 0.001
Common stock, Authorized					75,000,000	75,000,000
Common stock, shares		1,120,000	1,400,000	3,000,000
Common stock, value		$ 11,200	$ 7,000	$ 3,000
Stock price		$ 0.01	$ 0.005	$ 0.001
Historical costs	$ 471,672
Common stock shares exchange	5,000,000
Common stock service, value						$ 4,700
AMJ Global LLC [Member]
Stock price	$ 0.094
Historical costs	$ 471,672
Common stock shares exchange	5,000,000
Victor Stepanov [Member]
Common stock shares exchange	50,000
Common stock service, value	$ 4,700

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	12 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Income Taxes Details
Tax expense (benefit) at the statutory rate	$ (28,265)	$ (171,511)
State income taxes, net of federal income tax benefit		(933)
Non-deductible items		162,772
Change in valuation allowance	28,265	9,672
Total

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	Nov. 30, 2016	Nov. 30, 2015
Deferred tax assets:
Gross deferred tax assets	$ 37,937	$ 9,672
Less: Deferred tax asset valuation allowance	(37,937)	(9,672)
Total net deferred tax assets

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Income Taxes Details Narrative
Net operating loss carry forwards	$ 108,832	$ 25,700
Expiry year	2,036
Deferred tax asset valuation allowance	$ 37,937	$ 9,672
Valuation allowance	100.00%