Document and Entity Information
Document and Entity Information | 9 Months Ended |
Aug. 31, 2015shares | |
Document and Entity Information | |
Entity Registrant Name | Smart Server, Inc |
Document Type | 10-Q |
Document Period End Date | Aug. 31, 2015 |
Amendment Flag | false |
Entity Central Index Key | 1,596,961 |
Current Fiscal Year End Date | --11-30 |
Entity Common Stock, Shares Outstanding | 5,500,000 |
Entity Filer Category | Smaller Reporting Company |
Entity Current Reporting Status | Yes |
Entity Voluntary Filers | No |
Entity Well-known Seasoned Issuer | No |
Document Fiscal Year Focus | 2,015 |
Document Fiscal Period Focus | Q3 |
Trading Symbol | svtz |
Balance Sheets (unaudited)
Balance Sheets (unaudited) - USD ($) | Aug. 31, 2015 | Nov. 30, 2014 |
Current assets: | ||
Cash | $ 12,253 | $ 6,195 |
Total current assets | 12,253 | 6,195 |
Website, net | 3,325 | 4,750 |
Total assets | 15,578 | 10,945 |
Current liabilities: | ||
Accounts payable | 10,299 | 4,679 |
Accounts payable - related party | 100 | 100 |
Current portion of long term debt - related party | 100,000 | 20,000 |
Total current liabilities | 110,399 | 24,779 |
Long term liabilities: | ||
Accrued interest payable - related party | 10,294 | 5,026 |
Note payable - related party | 33,000 | 80,000 |
Total long term liabilities | 43,294 | 85,026 |
Total liabilities | $ 153,693 | $ 109,805 |
Stockholders' equity | ||
Preferred stock value | ||
Common stock value | $ 500 | $ 5,500 |
Additional paid-in capital | 64,500 | 64,500 |
Accumulated deficit | (203,115) | (168,860) |
Total stockholders' equity | (138,115) | (98,860) |
Total liabilities and stockholders' equity | $ 15,578 | $ 10,945 |
Balance Sheets (Parenthetical)
Balance Sheets (Parenthetical) - $ / shares | Aug. 31, 2015 | Nov. 30, 2014 |
Balance Sheet | ||
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 |
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 100,000,000 | 100,000,000 |
Common stock, shares issued | 500,000 | 5,000,000 |
Common stock, shares outstanding | 500,000 | 5,000,000 |
Statements of Operations (unaud
Statements of Operations (unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Aug. 31, 2015 | Aug. 31, 2014 | Aug. 31, 2015 | Aug. 31, 2014 | |
Income Statement | ||||
Revenue | ||||
Operating expenses: | ||||
General and administrative expenses | $ 270 | $ 75 | $ 340 | $ 547 |
Depreciation and amortization | 475 | 475 | 1,425 | 475 |
Professional fees | 5,614 | 54,560 | 26,622 | 123,266 |
Professional fees - related party | 4,480 | 300 | 600 | 900 |
Total operating expenses | 6,359 | 55,410 | 28,987 | 125,188 |
Other expenses: | ||||
Interest expense - related party | (1,972) | (1,513) | (5,268) | (3,455) |
Total other expenses | (1,972) | (1,513) | (5,268) | (3,455) |
Net loss | $ (8,331) | $ (56,923) | $ (34,255) | $ (128,643) |
Net loss per share - basic | $ 0 | $ (0.01) | $ (0.01) | $ (0.02) |
Weighted average number of common shares outstanding - basic | 1,750,000 | 5,224,453 | 4,240,876 | 5,500,000 |
Statements of Cash Flows (unaud
Statements of Cash Flows (unaudited) - USD ($) | 9 Months Ended | |
Aug. 31, 2015 | Aug. 31, 2014 | |
Operating activities | ||
Net loss | $ (34,255) | $ (128,643) |
Adjustments to reconcile net loss to net cash used by operating activities: | ||
Depreciation and amortization | 1,425 | 475 |
Changes in operating assets and liabilities: | ||
(Increase) decrease in prepaid expenses | 5,000 | |
Increase (decrease) in accounts payable | 5,620 | 3,004 |
Increase (decrease) in accrued interest payable - related party | 5,268 | 3,454 |
Net cash used by operating activities | (21,942) | (116,710) |
Investing activities | ||
Website development costs | 5,700 | |
Net cash used in investing activities | (5,700) | |
Financing activities | ||
Proceeds from note payable - related party | 33,000 | 80,000 |
Proceeds from sale of common stock | 50,000 | |
Payments for the purchase of treasury stock | 5,000 | |
Net cash provided by financing activities | 28,000 | 130,000 |
Net increase (decrease) in cash | 6,058 | 7,590 |
Cash - beginning of the period | 6,195 | 2,086 |
Cash - ending of the period | $ 12,253 | $ 9,676 |
Supplemental disclosures | ||
Interest paid | ||
Income taxes paid |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 9 Months Ended |
Aug. 31, 2015 | |
Notes | |
Summary of Significant Accounting Policies | NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The interim financial statements included herein, presented in accordance with United States generally accepted accounting principles and stated in US dollars, have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading. These statements reflect all adjustments, consisting of normal recurring adjustments, which in the opinion of management, are necessary for fair presentation of the information contained therein. It is suggested that these interim financial statements be read in conjunction with the financial statements of the Company for the year ended November 30, 2014 and notes thereto included in the Companys annual report. The Company follows the same accounting policies in the preparation of interim reports. Results of operations for the interim period are not indicative of annual results. Organization The Company was incorporated on October 24, 2013 (Date of Inception) under the laws of the State of Nevada, as Smart Server, Inc. Nature of operations The Company will design and develop a mobile payment application that will offer customers at participating restaurants, bars and clubs the ability to pay their bill with their smartphone - without even having to ask for the check. Year end The Companys year end is November 30. Cash and cash equivalents For the purpose of the statements of cash flows, all highly liquid investments with an original maturity of three months or less are considered to be cash equivalents. The carrying value of these investments approximates fair value. Website The Company capitalizes the costs associated with the development of the Company's website pursuant to ASC Topic 350. Other costs related to the maintenance of the website are expensed as incurred. Amortization is provided over the estimated useful lives of 3 years using the straight-line method for financial statement purposes. The Company has commenced amortization upon completion of the Company's fully operational website. Amortization expense for the nine months ended August 31, 2015 was $1,425. Revenue recognition We recognize revenue when all of the following conditions are satisfied: (1) there is persuasive evidence of an arrangement; (2) the product or service has been provided to the customer; (3) the amount of fees to be paid by the customer is fixed or determinable; and (4) the collection of our fees is probable. The Company will record revenue when it is realizable and earned and the services have been rendered to the customers. Advertising costs Advertising costs are anticipated to be expensed as incurred; however there were no advertising costs included in general and administrative expenses for the nine months ended August 31, 2015. Fair value of financial instruments Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of August 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash, prepaid expenses and accounts payable. Fair values were assumed to approximate carrying values for cash and payables because they are short term in nature and their carrying amounts approximate fair values or they are payable on demand. Level 1: Level 2 Level 3: Stock-based compensation The Company records stock based compensation in accordance with the guidance in ASC Topic 505 and 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award. The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with FASB ASC 718-10 and the conclusions reached by the FASB ASC 505-50. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50. Earnings per share The Company follows ASC Topic 260 to account for the earnings per share. Basic earning per common share (EPS) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earning per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti-dilutive they are not considered in the computation. Use of estimates 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 revenue and expenses during the reporting period. Actual results could differ significantly from those estimates. Recent pronouncements The Company has evaluated the recent accounting pronouncements through July 2015 and believes that none of them will have a material effect on the companys financial statements except for the following ASU below. The Company has elected early adoption of Accounting Standard Update (ASU) 2014-10, Topic 915, Development Stage Entities, Elimination of Certain Financial Reporting Requirements |
Going Concern
Going Concern | 9 Months Ended |
Aug. 31, 2015 | |
Notes | |
Going Concern | NOTE 2 - GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the recoverability of assets and the satisfaction of liabilities in the normal course of business. As noted above, the Company is in the development stage and, accordingly, has not yet generated revenues from operations. Since its inception, the Company has been engaged substantially in financing activities and developing its business plan and incurring start up costs and expenses. As a result, the Company incurred net losses for the nine months ended August 31, 2015 of ($34,255). In addition, the Companys development activities since inception have been financially sustained through debt and equity financing. The ability of the Company to continue as a going concern is dependent upon its ability to raise additional capital from the sale of common stock and, ultimately, the achievement of significant operating revenues. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty. |
Notes Payable - Related Party D
Notes Payable - Related Party Disclosure | 9 Months Ended |
Aug. 31, 2015 | |
Notes | |
Notes Payable - Related Party Disclosure | NOTE 3 - NOTES PAYABLE - RELATED PARTY On November 7, 2013, the Company executed a promissory note with a related party for $20,000. The unsecured note bears interest at 6% per annum with principal and interest due on November 7, 2015. During the year ended November 30, 2014, this promissory note was reclassified to current portion of long term debt - related party. On December 5, 2013, the Company executed a promissory note with a related party for $10,000. The unsecured note bears interest at 6% per annum with principal and interest due on December 5, 2015. During the nine months ended August 31, 2015, this promissory note was reclassified to current portion of long term debt - related party. On January 30, 2014, the Company executed a promissory note with a related party for $20,000. The unsecured note bears interest at 6% per annum with principal and interest due on January 30, 2016. During the nine months ended August 31, 2015, this promissory note was reclassified to current portion of long term debt - related party. On March 3, 2014, the Company executed a promissory note with a related party for $10,000. The unsecured note bears interest at 6% per annum with principal and interest due on March 3, 2016. During the nine months ended August 31, 2015, this promissory note was reclassified to current portion of long term debt - related party. On March 25, 2014, the Company executed a promissory note with a related party for $10,000. The unsecured note bears interest at 6% per annum with principal and interest due on March 25, 2016. During the nine months ended August 31, 2015, this promissory note was reclassified to current portion of long term debt - related party. On April 3, 2014, the Company executed a promissory note with a related party for $15,000. The unsecured note bears interest at 6% per annum with principal and interest due on April 3, 2016. During the nine months ended August 31, 2015, this promissory note was reclassified to current portion of long term debt - related party. On July 25, 2014, the Company executed a promissory note with a related party for $15,000. The unsecured note bears interest at 6% per annum with principal and interest due on July 25, 2016. During the nine months ended August 31, 2015, this promissory note was reclassified to current portion of long term debt - related party. On February 27, 2015, the Company executed a promissory note with a related party for $5,000. The unsecured note bears interest at 6% per annum with principal and interest due on February 27, 2017. On April 1, 2015, the Company executed a promissory note with a related party for $8,000. The unsecured note bears interest at 6% per annum with principal and interest due on April 1, 2017. On May 19, 2015, the Company executed a promissory note with a related party for $5,000. The unsecured note bears interest at 6% per annum with principal and interest due on May 19, 2017. On June 4, 2015, the Company executed a promissory note with a related party for $5,000. The unsecured note bears interest at 6% per annum with principal and interest due on June 4, 2017. On August 4, 2015, the Company executed a promissory note with a related party for $10,000. The unsecured note bears interest at 6% per annum with principal and interest due on August 4, 2017. Interest expense for the nine months ended August 31, 2015 was $5,268. |
Stockholders' Equity Disclosure
Stockholders' Equity Disclosure | 9 Months Ended |
Aug. 31, 2015 | |
Notes | |
Stockholders' Equity Disclosure | NOTE 4 - STOCKHOLDERS EQUITY The Company is authorized to issue 100,000,000 shares of its $0.001 par value common stock and 10,000,000 shares of its $0.001 par value preferred stock. On June 24, 2015, the Company repurchased and cancelled 5,000,000 shares of common stock from a former officer and directory of the Company for $5,000. On July 24, 2015, the Company issued 5,000,000 shares of common stock for services to an officer and director The Company and the officer and director mutually agreed to rescind the transaction. |
Warrants and Options Disclosure
Warrants and Options Disclosure | 9 Months Ended |
Aug. 31, 2015 | |
Notes | |
Warrants and Options Disclosure | NOTE 5 - WARRANTS AND OPTIONS As of August 31, 2015, there were no warrants or options outstanding to acquire any additional shares of common stock. |
Related Party Transactions
Related Party Transactions | 9 Months Ended |
Aug. 31, 2015 | |
Notes | |
Related Party Transactions | NOTE 6 - RELATED PARTY TRANSACTIONS During the nine months ended August 31, 2015, the Company paid an individual for consulting services totaling $600. As of August 31, 2015, the Company owed the individual a total of $100. In March 2015, the individual was appointed as a member of the board of directors and as an officer of the Company and now the individual is considered a related party. As of August 31, 2015, the Company had loans totaling $133,000 and accrued interest totaling $10,294 due to an entity. In March 2015, there was a new officer and director appointed and the lender is now considered a related party. The lender is an entity that is owned and controlled by a family member of an officer and director of the Company. |
Subsequent Events
Subsequent Events | 9 Months Ended |
Aug. 31, 2015 | |
Notes | |
Subsequent Events | NOTE 7 - SUBSEQUENT EVENTS On October 16, 2015, the shareholders of the Company approved the board of directors to designate the rights and preferences for the preferred stock. On October 20, 2015, the Company and the officer and director mutually agreed to rescind the issuance of 5,000,000 shares of common stock in exchange for services. |
Summary of Significant Accoun13
Summary of Significant Accounting Policies: Basis of Presentation (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Basis of Presentation | Basis of presentation The interim financial statements included herein, presented in accordance with United States generally accepted accounting principles and stated in US dollars, have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading. These statements reflect all adjustments, consisting of normal recurring adjustments, which in the opinion of management, are necessary for fair presentation of the information contained therein. It is suggested that these interim financial statements be read in conjunction with the financial statements of the Company for the year ended November 30, 2014 and notes thereto included in the Companys annual report. The Company follows the same accounting policies in the preparation of interim reports. Results of operations for the interim period are not indicative of annual results. |
Summary of Significant Accoun14
Summary of Significant Accounting Policies: Year End Policy (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Year End Policy | Year end The Companys year end is November 30. |
Summary of Significant Accoun15
Summary of Significant Accounting Policies: Cash and Cash Equivalents Policy (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Cash and Cash Equivalents Policy | Cash and cash equivalents For the purpose of the statements of cash flows, all highly liquid investments with an original maturity of three months or less are considered to be cash equivalents. The carrying value of these investments approximates fair value. |
Summary of Significant Accoun16
Summary of Significant Accounting Policies: Website Policy (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Website Policy | Website The Company capitalizes the costs associated with the development of the Company's website pursuant to ASC Topic 350. Other costs related to the maintenance of the website are expensed as incurred. Amortization is provided over the estimated useful lives of 3 years using the straight-line method for financial statement purposes. The Company has commenced amortization upon completion of the Company's fully operational website. Amortization expense for the nine months ended August 31, 2015 was $1,425. |
Summary of Significant Accoun17
Summary of Significant Accounting Policies: Revenue Recognition Policy (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Revenue Recognition Policy | Revenue recognition We recognize revenue when all of the following conditions are satisfied: (1) there is persuasive evidence of an arrangement; (2) the product or service has been provided to the customer; (3) the amount of fees to be paid by the customer is fixed or determinable; and (4) the collection of our fees is probable. The Company will record revenue when it is realizable and earned and the services have been rendered to the customers. |
Summary of Significant Accoun18
Summary of Significant Accounting Policies: Advertising Costs Policy (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Advertising Costs Policy | Advertising costs Advertising costs are anticipated to be expensed as incurred; however there were no advertising costs included in general and administrative expenses for the nine months ended August 31, 2015. |
Summary of Significant Accoun19
Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Fair Value of Financial Instruments | Fair value of financial instruments Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of August 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash, prepaid expenses and accounts payable. Fair values were assumed to approximate carrying values for cash and payables because they are short term in nature and their carrying amounts approximate fair values or they are payable on demand. Level 1: Level 2 Level 3: |
Summary of Significant Accoun20
Summary of Significant Accounting Policies: Stock-based Compensation Policy (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Stock-based Compensation Policy | Stock-based compensation The Company records stock based compensation in accordance with the guidance in ASC Topic 505 and 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award. The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with FASB ASC 718-10 and the conclusions reached by the FASB ASC 505-50. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50. |
Summary of Significant Accoun21
Summary of Significant Accounting Policies: Earnings Per Share Policy (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Earnings Per Share Policy | Earnings per share The Company follows ASC Topic 260 to account for the earnings per share. Basic earning per common share (EPS) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earning per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti-dilutive they are not considered in the computation. |
Summary of Significant Accoun22
Summary of Significant Accounting Policies: Use of Estimates (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Use of Estimates | Use of estimates 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 revenue and expenses during the reporting period. Actual results could differ significantly from those estimates. |
Summary of Significant Accoun23
Summary of Significant Accounting Policies: Recent Pronouncements (Policies) | 9 Months Ended |
Aug. 31, 2015 | |
Policies | |
Recent Pronouncements | Recent pronouncements The Company has evaluated the recent accounting pronouncements through July 2015 and believes that none of them will have a material effect on the companys financial statements except for the following ASU below. The Company has elected early adoption of Accounting Standard Update (ASU) 2014-10, Topic 915, Development Stage Entities, Elimination of Certain Financial Reporting Requirements |
Going Concern (Details)
Going Concern (Details) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Aug. 31, 2015 | Aug. 31, 2014 | Aug. 31, 2015 | Aug. 31, 2014 | |
Details | ||||
Net loss | $ (8,331) | $ (56,923) | $ (34,255) | $ (128,643) |
Notes Payable - Related Party25
Notes Payable - Related Party Disclosure (Details) - USD ($) | 3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | |||
Aug. 31, 2015 | Aug. 31, 2014 | Nov. 30, 2014 | May. 31, 2014 | Aug. 31, 2015 | Aug. 31, 2014 | Nov. 30, 2013 | |
Interest expense - related party | $ 1,972 | $ 1,513 | $ 5,268 | $ 3,455 | |||
November 7, 2013 | |||||||
Promissory note | $ 20,000 | ||||||
Interest rate per annum | 6.00% | ||||||
December 5, 2013 | |||||||
Promissory note | $ 10,000 | ||||||
Interest rate per annum | 6.00% | ||||||
January 30, 2014 | |||||||
Promissory note | $ 20,000 | ||||||
Interest rate per annum | 6.00% | ||||||
March 3, 2014 | |||||||
Promissory note | $ 10,000 | ||||||
Interest rate per annum | 6.00% | ||||||
March 25, 2014 | |||||||
Promissory note | $ 10,000 | ||||||
Interest rate per annum | 6.00% | ||||||
April 3, 2014 | |||||||
Promissory note | $ 15,000 | ||||||
Interest rate per annum | 6.00% | ||||||
July 25, 2014 | |||||||
Promissory note | $ 15,000 | ||||||
Interest rate per annum | 6.00% | ||||||
February 27, 2015 | |||||||
Promissory note | $ 5,000 | ||||||
Interest rate per annum | 6.00% | ||||||
April 1, 2015 | |||||||
Promissory note | $ 8,000 | ||||||
Interest rate per annum | 6.00% | ||||||
May 19, 2015 | |||||||
Promissory note | $ 5,000 | ||||||
Interest rate per annum | 6.00% | ||||||
June 4, 2015 | |||||||
Promissory note | $ 5,000 | ||||||
Interest rate per annum | 6.00% | ||||||
August 4, 2015 | |||||||
Promissory note | $ 10,000 | ||||||
Interest rate per annum | 6.00% |
Stockholders' Equity Disclosu26
Stockholders' Equity Disclosure (Details) - USD ($) | 9 Months Ended | |
Aug. 31, 2015 | Nov. 30, 2014 | |
Details | ||
Common stock authorized for issuance | 100,000,000 | 100,000,000 |
Par value of common stock | $ 0.001 | $ 0.001 |
Preferred stock authorized for issuance | 10,000,000 | 10,000,000 |
Par value of preferred stock | $ 0.001 | $ 0.001 |
Common stock repurchased and cancelled | 5,000,000 | |
Cost and/or value of common stock repurchased | $ 5,000 | |
Common stock issued for services | 5,000,000 |
Related Party Transactions (Det
Related Party Transactions (Details) - USD ($) | 3 Months Ended | 9 Months Ended | |||
Aug. 31, 2015 | Aug. 31, 2014 | Aug. 31, 2015 | Aug. 31, 2014 | Nov. 30, 2014 | |
Details | |||||
Professional fees - related party | $ 4,480 | $ 300 | $ 600 | $ 900 | |
Consulting services due to related party | 100 | 100 | |||
Loans payable to related party | 133,000 | 133,000 | |||
Accrued interest payable - related party | $ 10,294 | $ 10,294 | $ 5,026 |
Subsequent Events (Details)
Subsequent Events (Details) | Oct. 20, 2015shares |
Details | |
Issuance shares rescinded | 5,000,000 |