Document and Entity Information
Document and Entity Information - shares | 9 Months Ended | |
Aug. 31, 2016 | Oct. 17, 2016 | |
Document and Entity Information | ||
Entity Registrant Name | Smart Server, Inc | |
Document Type | 10-Q | |
Document Period End Date | Aug. 31, 2016 | |
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 | 2,016 | |
Document Fiscal Period Focus | Q3 | |
Trading Symbol | SUYT |
Balance Sheets
Balance Sheets - USD ($) | Aug. 31, 2016 | Nov. 30, 2015 |
Current assets: | ||
Cash | $ 5,059 | $ 1,563 |
Prepaid expense | 5,000 | 0 |
Total current assets | 10,059 | 1,563 |
Website, net | 1,425 | 2,850 |
Total assets | 11,484 | 4,413 |
Current liabilities: | ||
Accounts payable | 12,851 | 11,799 |
Current portion of long term debt - related party | 0 | 100,000 |
Total current liabilities | 12,851 | 111,799 |
Long term liabilities: | ||
Accrued interest payable - related party | 1,590 | 12,283 |
Note payable - related party | 0 | 33,000 |
Convertible note payable - related party | 197,358 | 0 |
Total long term liabilities | 198,948 | 45,283 |
Total liabilities | 211,799 | 157,082 |
Stockholders' equity | ||
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no and no shares issued and outstanding as of August 31, 2016 and November 30, 2015, respectively | 0 | 0 |
Common stock, $0.001 par value, 100,000,000 shares authorized, 5,500,000 and 5,500,000 shares issued and outstanding as of August 31, 2016 and November 30, 2015, respectively | 5,500 | 5,500 |
Additional paid-in capital | 66,500 | 64,500 |
Subscriptions receivable | 0 | 5,000 |
Accumulated deficit | (272,315) | (217,669) |
Total stockholders' equity (deficit) | (200,315) | (152,669) |
Total liabilities and stockholders' equity (deficit) | $ 11,484 | $ 4,413 |
Balance Sheets (Parenthetical)
Balance Sheets (Parenthetical) - $ / shares | Aug. 31, 2016 | Nov. 30, 2015 |
Balance Sheet Related Disclosures [Abstract] | ||
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 100,000,000 | 100,000,000 |
Common stock, shares issued | 5,500,000 | 5,500,000 |
Common stock, shares outstanding | 5,500,000 | 5,500,000 |
Statements of Operations
Statements of Operations - USD ($) | 3 Months Ended | 9 Months Ended | ||
Aug. 31, 2016 | Aug. 31, 2015 | Aug. 31, 2016 | Aug. 31, 2015 | |
Income Statement [Abstract] | ||||
Revenue | $ 0 | $ 0 | $ 0 | $ 0 |
Operating expenses: | ||||
General and administrative expenses | 2,574 | 270 | 8,181 | 340 |
Depreciation and amortization | 475 | 475 | 1,425 | 1,425 |
Professional fees | 20,651 | 5,614 | 36,324 | 26,622 |
Professional fees - related party | 1,500 | 0 | 1,500 | 600 |
Total operating expenses | 25,200 | 6,359 | 47,430 | 28,987 |
Other expenses: | ||||
Interest expense - related party | (2,681) | (1,972) | (7,216) | (5,268) |
Total other expenses | (2,681) | (1,972) | (7,216) | (5,268) |
Net loss | $ (27,881) | $ (8,331) | $ (54,646) | $ (34,255) |
Weighted average number of common shares outstanding - basic | 5,500,000 | 3,869,565 | 5,500,000 | 4,952,555 |
Net loss per share - basic | $ (0.02) | $ 0 | $ (0.02) | $ (0.01) |
Statements of Cash Flows
Statements of Cash Flows - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||
Aug. 31, 2016 | Aug. 31, 2015 | Aug. 31, 2016 | Aug. 31, 2015 | Nov. 30, 2015 | |
Cash Flows From Operating activities | |||||
Net loss | $ (27,881) | $ (8,331) | $ (54,646) | $ (34,255) | |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||
Depreciation and amortization | 1,425 | 1,425 | |||
Changes in operating assets and liabilities: | |||||
(Increase) in prepaid expenses | (5,000) | 0 | |||
Increase in accounts payable | 1,052 | 5,620 | |||
(Decrease) Increase in accrued interest payable - related party | (10,693) | 5,268 | |||
Net cash used in operating activities | (67,862) | (21,942) | |||
Cash Flows From Investing activities | |||||
Net cash used in investing activities | 0 | 0 | |||
Cash Flows From Financing activities | |||||
Proceeds from note payable - related party | 222,358 | 33,000 | |||
Repayments for note payable - related party | (158,000) | 0 | |||
Proceeds from sale of common stock | 5,000 | 0 | |||
Donated capital | 2,000 | 0 | |||
Payments for the purchase of treasury stock | 0 | (5,000) | |||
Net cash provided by financing activities | 71,358 | 28,000 | |||
NET CHANGE IN CASH | 3,496 | 6,058 | |||
CASH AT BEGINNING OF PERIOD | 1,563 | 6,195 | $ 6,195 | ||
CASH AT END OF PERIOD | $ 5,059 | $ 12,253 | 5,059 | 12,253 | $ 1,563 |
Supplemental information | |||||
Interest paid | 0 | 0 | |||
Income taxes paid | $ 0 | $ 0 |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 9 Months Ended |
Aug. 31, 2016 | |
Disclosure Text Block [Abstract] | |
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 material adjustments, consisting of normal recurring adjustments, which in the opinion of management, are necessary for fair presentation of the information contained therein. These interim financial statements should be read in conjunction with the financial statements of the Company for the year ended November 30, 2015 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 is a shell company with no current operations. Previously, the Company was in the process of designing and developing a mobile payment application. 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 In connection with its prior operations, the Company capitalized the costs associated with the development of the proposed website pursuant to ASC Topic 350. Other costs related to the maintenance of the website were 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 commenced amortization upon completion of the website, however, the Company is no longer continuing these operations. Amortization expense for the nine months ended August 31, 2016 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 In connection with the Companys prior operations, advertising costs were expensed as incurred; however there were no advertising costs included in general and administrative expenses for the nine months ended August 31, 2016. 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, 2016. 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: FASB acknowledged that active markets for identical assets and liabilities are relatively uncommon and, even when they do exist, they may be too thin to provide reliable information. To deal with this shortage of direct data, the board provided a second level of inputs that can be applied in three situations. Level 3: If inputs from levels 1 and 2 are not available, FASB acknowledges that fair value measures of many assets and liabilities are less precise. The board describes Level 3 inputs as unobservable, and limits their use by saying they shall be used to measure fair value to the extent that observable inputs are not available. This category allows for situations in which there is little, if any, market activity for the asset or liability at the measurement date. Earlier in the standard, FASB explains that observable inputs are gathered from sources other than the reporting company and that they are expected to reflect assumptions made by market participants. 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 October 2016 and believes that none of them will have a material effect on the companys financial statements. |
Going Concern
Going Concern | 9 Months Ended |
Aug. 31, 2016 | |
Disclosure Text Block [Abstract] | |
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 a shell company with no operations and, accordingly, has not yet generated revenue 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, 2016 of $54,646. In addition, the Companys previous development activities since inception were 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. |
Prepaid Expenses
Prepaid Expenses | 9 Months Ended |
Aug. 31, 2016 | |
Disclosure Text Block [Abstract] | |
Prepaid Expenses | As of August 31, 2016 and November 30, 2015, the Company had prepaid expenses for a prepaid OTC listing fee totaling $5,000 and $0, respectively. The prepaid OTC listing fees will be expensed on a straight line basis over the remaining life of the service period. |
Notes Payable - Related Party
Notes Payable - Related Party | 9 Months Ended |
Aug. 31, 2016 | |
Disclosure Text Block [Abstract] | |
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. During the three months ended February 29, 2016, this promissory note was reclassified to current portion of long term debt related party. 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. During the three months ended May 31, 2016, this promissory note was reclassified to current portion of long term debt related party. 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. During the three months ended May 31, 2016, this promissory note was reclassified to current portion of long term debt related party. 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. On December 10, 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 December 10, 2017. On February 5, 2016, 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 5, 2018. On March 24, 2016, 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 24, 2018. On June 15, 2016, the Company executed a promissory note with a related party for $2,000. The The unsecured note bears interest at 6% per annum with principal and interest due on June 15, 2018. On July 13, 2016, the Company repaid the outstanding principal and accrued interest to the lender under the promissory notes identified above. Interest expense for the nine months ended August 31, 2016 and 2015 for notes payable related party was $5,626 and $5,268, respectively. |
Convertible Notes Payable - Rel
Convertible Notes Payable - Related Party | 9 Months Ended |
Aug. 31, 2016 | |
Convertible Notes Payable - Related Party | |
Convertible Notes Payable - Related Party | On July 13, 2016, the Company received financing of $191,858 from an entity owned and controlled by its current officer and director, Steven R. Berrard. Effective August 31, 2016, the Company increased the amount of the unsecured loan to $197,358. The unsecured loan is due on July 13, 2026 and bears interest at 6% per annum. The loan is convertible at the greater of $0.06 per share or 50% of the price per share of the next qualified financing which is defined as $500,000 or greater. The estimated conversion price of $0.06 was higher than the last sale of common stock for cash and therefore no beneficial conversion feature was recorded. Effective August 31, 2016, the principal amount of the loan was amended to include additional amounts loaned to the Company totaling $5,500. The additional funds have the same terms as the original note dated July 13, 2016 as discussed above. As of August 31, 2016, the total amount owed is $197,358. Interest expense for the nine months ended August 31, 2016 and 2015 for convertible notes payable related party was $1,590 and $0, respectively. |
Stockholders' Equity
Stockholders' Equity | 9 Months Ended |
Aug. 31, 2016 | |
Disclosure Text Block [Abstract] | |
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. In February 2016, the Company received $5,000 for the subscriptions receivable from the sale of common stock in November 2015. In July 2016, the Company received donated capital of $2,000 from a shareholder of the Company. |
Warrants and Options
Warrants and Options | 9 Months Ended |
Aug. 31, 2016 | |
Disclosure Text Block [Abstract] | |
Warrants and Options | As of August 31, 2016, 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, 2016 | |
Disclosure Text Block [Abstract] | |
Related Party Transactions | As of August 31, 2016, the Company had loans totaling $197,358 and accrued interest totaling $1,590 due to an entity. The lender is an entity that is owned and controlled by a current officer and director of the Company. |
Summary of Significant Accoun14
Summary of Significant Accounting Policies (Policies) | 9 Months Ended |
Aug. 31, 2016 | |
Summary Of Significant Accounting Policies 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. These interim financial statements should be read in conjunction with the financial statements of the Company for the year ended November 30, 2015 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 is a shell company with no current operations. Previously, the Company was in the process of designing and developing a mobile payment application. |
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 | In connection with its prior operations, the Company capitalized the costs associated with the development of the proposed website pursuant to ASC Topic 350. Other costs related to the maintenance of the website were 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 commenced amortization upon completion of the website, however, the Company is no longer continuing these operations. Amortization expense for the nine months ended August 31, 2016 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 | In connection with the Companys prior operations, advertising costs were expensed as incurred; however there were no advertising costs included in general and administrative expenses for the nine months ended August 31, 2016. |
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, 2016. 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: FASB acknowledged that active markets for identical assets and liabilities are relatively uncommon and, even when they do exist, they may be too thin to provide reliable information. To deal with this shortage of direct data, the board provided a second level of inputs that can be applied in three situations. Level 3: If inputs from levels 1 and 2 are not available, FASB acknowledges that fair value measures of many assets and liabilities are less precise. The board describes Level 3 inputs as unobservable, and limits their use by saying they shall be used to measure fair value to the extent that observable inputs are not available. This category allows for situations in which there is little, if any, market activity for the asset or liability at the measurement date. Earlier in the standard, FASB explains that observable inputs are gathered from sources other than the reporting company and that they are expected to reflect assumptions made by market participants. |
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 October 2016 and believes that none of them will have a material effect on the companys financial statements. |
Summary of Significant Accoun15
Summary of Significant Accounting Policies (Details Narrative) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Aug. 31, 2016 | Aug. 31, 2015 | Aug. 31, 2016 | Aug. 31, 2015 | |
Summary Of Significant Accounting Policies Details Narrative | ||||
Amortization expense for the website | $ 475 | $ 475 | $ 1,425 | $ 1,425 |
Going Concern (Details Narrativ
Going Concern (Details Narrative) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Aug. 31, 2016 | Aug. 31, 2015 | Aug. 31, 2016 | Aug. 31, 2015 | |
Text Block [Abstract] | ||||
Net loss | $ (27,881) | $ (8,331) | $ (54,646) | $ (34,255) |
Prepaid Expenses (Details Narra
Prepaid Expenses (Details Narrative) - USD ($) | Aug. 31, 2016 | Nov. 30, 2015 |
Text Block [Abstract] | ||
Prepaid expense | $ 5,000 | $ 0 |
Notes Payable - Related Party (
Notes Payable - Related Party (Details Narrative) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
Aug. 31, 2016 | Aug. 31, 2015 | Aug. 31, 2016 | Aug. 31, 2015 | Nov. 30, 2015 | Nov. 30, 2014 | Nov. 30, 2013 | |
Proceeds from related party note payable | $ 222,358 | $ 33,000 | |||||
Interest expense - related party | $ 2,681 | $ 1,972 | 7,216 | $ 5,268 | |||
March 24, 2016 | |||||||
Proceeds from related party note payable | $ 10,000 | ||||||
Interest rate per annum | 6.00% | ||||||
February 5, 2016 | |||||||
Proceeds from related party note payable | $ 5,000 | ||||||
Interest rate per annum | 6.00% | ||||||
December 10, 2015 | |||||||
Proceeds from related party note payable | $ 8,000 | ||||||
Interest rate per annum | 6.00% | ||||||
August 4, 2015 | |||||||
Proceeds from related party note payable | $ 10,000 | ||||||
Interest rate per annum | 6.00% | ||||||
June 4, 2015 | |||||||
Proceeds from related party note payable | $ 5,000 | ||||||
Interest rate per annum | 6.00% | ||||||
May 19, 2015 | |||||||
Proceeds from related party note payable | $ 5,000 | ||||||
Interest rate per annum | 6.00% | ||||||
April 1, 2015 | |||||||
Proceeds from related party note payable | $ 8,000 | ||||||
Interest rate per annum | 6.00% | ||||||
February 27, 2015 | |||||||
Proceeds from related party note payable | $ 5,000 | ||||||
Interest rate per annum | 6.00% | ||||||
July 25, 2014 | |||||||
Proceeds from related party note payable | $ 15,000 | ||||||
Interest rate per annum | 6.00% | ||||||
April 3, 2014 | |||||||
Proceeds from related party note payable | $ 15,000 | ||||||
Interest rate per annum | 6.00% | ||||||
March 25, 2014 | |||||||
Proceeds from related party note payable | $ 10,000 | ||||||
Interest rate per annum | 6.00% | ||||||
March 3, 2014 | |||||||
Proceeds from related party note payable | $ 10,000 | ||||||
Interest rate per annum | 6.00% | ||||||
January 30, 2014 | |||||||
Proceeds from related party note payable | $ 20,000 | ||||||
Interest rate per annum | 6.00% | ||||||
December 5, 2013 | |||||||
Proceeds from related party note payable | $ 10,000 | ||||||
Interest rate per annum | 6.00% | ||||||
November 7, 2013 | |||||||
Proceeds from related party note payable | $ 20,000 | ||||||
Interest rate per annum | 6.00% |
Convertible Notes Payable - R19
Convertible Notes Payable - Related Party (Details Narrative) - USD ($) | 9 Months Ended | ||
Aug. 31, 2016 | Aug. 31, 2015 | Nov. 30, 2015 | |
Convertible Notes Payable - Related Party Details Narrative | |||
Convertible note payable - related party | $ 197,358 | $ 0 | |
Interest expense on convertible notes payable – related party | $ 1,590 | $ 0 |
Stockholders' Equity (Details N
Stockholders' Equity (Details Narrative) - USD ($) | 9 Months Ended | ||
Aug. 31, 2016 | Aug. 31, 2015 | Nov. 30, 2015 | |
Text Block [Abstract] | |||
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 | |
Proceeds from sale of common stock | $ 5,000 | $ 0 | |
Donated capital | $ 2,000 | $ 0 |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | Aug. 31, 2016 | Nov. 30, 2015 |
Text Block [Abstract] | ||
Loans payable to related party | $ 197,358 | |
Accrued interest payable - related party | $ 1,590 | $ 12,283 |