Alpine 4 (ALPP) 10-Q/A 6 Jan 15 2014 Q3 Quarterly report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Sep. 30, 2014	Nov. 19, 2014
Document and Entity Information:
Entity Registrant Name	Alpine 4 Automotive Technologies Ltd.
Document Type	10-Q
Document Period End Date	30-Sep-14
Amendment Flag	FALSE
Entity Central Index Key	1606698
Current Fiscal Year End Date	-19
Entity Common Stock, Shares Outstanding		85,027,890
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	2014
Document Fiscal Period Focus	Q3

CONDENSED_BALANCE_SHEET

CONDENSED BALANCE SHEET (USD $)	Sep. 30, 2014	Apr. 30, 2014
Current assets:
Cash and cash equivalents	$1,272	$0
Accounts receivable, net	9,551	0
Stock subscription receivable	12,500	0
Inventory	224,100	0
Total current assets	247,423	0
Total Assets	247,423	0
CURRENT LIABILITIES:
Accounts payable	295,975	0
Total Current Liabilities	295,975	0
Stockholders' deficit:
Preferred stock, ($0.0001 par value, 5,000,000 shares authorized,none issued and outstanding)
Common stock, ($0.0001 par value, 500,000,000 shares authorized,162,502,890 and 10,000,000 shares issued and outstanding	16,250	1,000
Additional paid-in capital	86,848	0
Accumulated Deficit	-151,650	-1,000
Total stockholders' deficit	-48,552	0
Total liabilities and stockholders' deficit	$247,423	$0

BALANCE_SHEETS_PARENTHETICAL

BALANCE SHEETS PARENTHETICAL (USD $)	Sep. 30, 2014	Apr. 30, 2014
BALANCE SHEETS PARENTHETICAL
Preferred stock par value	$0.00	$0.00
Preferred stock shares authorized	5,000,000	5,000,000
Preferred stock shares issued
Preferred stock shares outstanding
Common stock par value	$0.00	$0.00
Common stock shares authorized	500,000,000	500,000,000
Common stock shares issued	162,502,890	10,000,000
Common stock shares outstanding	162,502,890	10,000,000

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	3 Months Ended	6 Months Ended
	Sep. 30, 2014	Sep. 30, 2014
STATEMENTS OF OPERATIONS
Revenue	$9,551	$9,551
Operating expenses:
General and administrative expenses	158,032	161,201
Total operating expenses	158,032	161,201
Loss from operations	-148,481	-151,650
Loss before income tax	-148,481	-151,650
Income tax
Net loss	($148,481)	($151,650)
Weighted average shares outstanding:
Weighted average shares outstanding: Basic	137,361,600	81,986,991
Weighted average shares outstanding: Diluted	137,361,600	81,986,991
Loss per share
Loss per share: Basic
Loss per share: Diluted

CONDENSED_STATEMENTS_OF_CASH_F

CONDENSED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	($151,650)
Adjustments to reconcile net loss to net cash used in operating activities:
Issuance of common stock for services	25,220
Change in current assets and liabilities:
Change in Accounts receivable	-9,551
Change in Inventory	-224,100
Change in Accounts payable	295,975
Net cash used in operating activities	-64,106
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of common stock	54,378
Capital contribution from majority stockholder	11,000
Net cash provided by financing activities	65,378
NET INCREASE IN CASH AND CASH EQUIVALENTS	1,272
CASH AND CASH EQUIVALENTS, BEGINNING BALANCE
CASH AND CASH EQUIVALENTS, ENDING BALANCE	1,272
CASH PAID FOR:
Interest
Income taxes
Supplemental disclosure of non-cash financing activities
25,000 shares of common stock for stock subscription receivable	$12,500

1_Business_Description_and_Bas

1. Business Description and Basis of Presentation	6 Months Ended
	Sep. 30, 2014
Notes
1. Business Description and Basis of Presentation	1.     DESCRIPTION OF BUSINESS AND HISTORY
	Description of business – Alpine 4 Automotive Technologies Ltd. (the “Company”) was incorporated under the laws of the State of Delaware on April 22, 2014. The Company originally intended to serve as a vehicle to effect an asset acquisition, merger, exchange of capital stock or other business combination with a domestic or foreign business.  The Company has subsequently entered into a License Agreement with AutoTek Incorporated (“AutoTek”), pursuant to which AutoTek licensed to the Company the right to use certain source code for the development of products.  Subsequent to the entry into the License Agreement, the Company entered into an Asset Purchase and Share Exchange Agreement with AutoTek, relating to the purchase of the source code asset.  The closing of the transaction is subject to the approval of AutoTek’s shareholders.
	On June 27, 2014, the Board of Director and sole stockholder of Company approved an amendment to the Company’s Certificate of Incorporation to change the name of the Company from ALPINE 4 Inc. to Alpine 4 Automotive Technologies Ltd. On that date, the Company filed a Certificate of Amendment with the State of Delaware.
	Additionally, on June 30, 2014, the Board of Director and majority stockholder of the Company approved a further amendment to the Company’s Certificate of Incorporation to increase the authorized number of common stock from 100,000,000 shares of common stock to 500,000,000 shares of common stock.  On that date, the officers of the Company filed a Certificate of Amendment relating to the increase in authorized capital with the State of Delaware.
	On September 19, 2014, the Company entered into a non-binding letter of intent (the “LOI”) with Pure Mobility International Inc. (“PMII”) relating to the proposed purchase by the Company of the outstanding shares of stock of PMII.  Pursuant to the LOI, the Company proposed to purchase 100% of the outstanding shares of PMII for shares of the Company’s common stock.  The Company and PMII reserved the right to restructure the acquisition as an asset purchase transaction rather than a share purchase transaction.
	Also pursuant to the LOI, the Company and PMII anticipate that the Company will acquire assets of PMII including certain distributor agreements, contracts, accounts receivable, and certain inventory of PMII.  The Company proposed to issue shares of its restricted common stock with an aggregate value of approximately five million dollars ($5,000,000).  The Company and PMII further agreed to negotiate a definitive agreement to set forth the material terms of the transaction, following appropriate due diligence.

2_Summary_of_Significant_Polic

2. Summary of Significant Policies	6 Months Ended
	Sep. 30, 2014
Notes
2. Summary of Significant Policies	2.     SUMMARY OF SIGNIFICANT POLICIES
	The accompanying unaudited condensed financial statements of the Company have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) requirements for interim financial statements. Therefore, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States (“U.S. GAAP”) for complete financial statements. The financial statements should be read in conjunction with the financial statements of the Company in our Form 10-12G/A filed on June 5, 2014 with the SEC.
	The interim financial statements present the balance sheets, statements of operations and cash flows of the Company. The financial statements have been prepared in accordance with U.S. GAAP.
	The interim financial information is unaudited. In the opinion of management, all adjustments necessary to present fairly the financial position as of September 30, 2014, and the results of operations and cash flows presented herein have been included in the financial statements. All such adjustments are of a normal and recurring nature.  Interim results are not necessarily indicative of results of operations for the full year.
	Use of estimates – The preparation of financial statements in conformity with U.S. GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities.  These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances.  Actual results could differ from those estimates.
	Cash and cash equivalents – Cash and cash equivalents consist of cash and short-term investments with original maturities of less than 90 days.  Cash equivalents are placed with high credit quality financial institutions and are primarily in money market funds.  The carrying value of those investments approximates fair value. As of September 30, 2014, the Company had no cash equivalents.
	Accounts Receivable, net – The Company maintains reserves for potential credit losses on accounts receivable. Management reviews the composition of accounts receivable and analyzes historical bad debts, customer concentrations, customer credit worthiness, current economic trends and changes in customer payment patterns to evaluate the adequacy of these reserves. Reserves are recorded primarily on a specific identification basis.
	Stock subscription receivable – At September 30, 2014, the Company had a stock subscription receivable in the amount of $12,500 related to the sale of shares of the Company’s common stock.  The amount was collected in October 2014 and has been presented as a current asset in the accompanying unaudited condensed balance sheet.
	Inventory – Inventory is valued at the lower of the inventory’s cost (weighted average basis) or the current market price of the inventory. Management compares the cost of inventory with its market value and an allowance is made to write down inventory to market value, if lower.
	Revenue Recognition – Revenue is only recognized when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the price to the buyer is fixed or determinable, and (4) collectability is reasonably assured.
	Earnings (loss) per share – Basic earnings (loss) per common share is computed by dividing net income (loss) available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per common share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if potentially dilutive securities had been issued. There were no potentially dilutive securities outstanding during the periods presented.
	Stock-based compensation – The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with Financial Accounting Standards Board (“FASB”) ASC 718-10, Compensation – Stock Compensation, and the conclusions reached by FASB ASC 505-50, Equity – Equity-Based Payments to Non-Employees. 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.
	Income taxes – The Company records income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and attributable to operating loss and tax credit carry forwards. Accounting standards regarding income taxes requires a reduction of the carrying amounts of deferred tax assets by a valuation allowance, if based on the available evidence, it is more likely than not that such assets will not be realized. Accordingly, the need to establish valuation allowances for deferred tax assets is assessed at each reporting period based on a more-likely-than-not realization threshold. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carry forward periods, the Company’s experience with operating loss and tax credit carry forwards not expiring unused, and tax planning alternatives.
	The Company recorded valuation allowances on the net deferred tax assets.  Management will reassess the realization of deferred tax assets based on the accounting standards for income taxes each reporting period. To the extent that the financial results of operations improve and it becomes more likely than not that the deferred tax assets are realizable, the Company will be able to reduce the valuation allowance.
	Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. During the ordinary course of business, there are many transactions and calculations for which the ultimate tax determination is uncertain. Accounting standards regarding uncertainty in income taxes provides a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount which is more than 50% likely, based solely on the technical merits, of being sustained on examinations. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes.
	Recent Accounting Pronouncements – In June 2014, the FASB issued ASU 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted. The Company adopted ASU 2014-10 during the quarter ended September 30, 2014, thereby no longer presenting or disclosing any information required by Topic 915.

3_Going_Concern

3. Going Concern	6 Months Ended
	Sep. 30, 2014
Notes
3. Going Concern	3.     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 has incurred losses since inception and had accumulated a deficit of $151,650 as of September 30, 2014.  The Company requires capital for its contemplated operational and marketing activities.  The Company’s ability to raise additional capital through the future issuances of common stock is unknown. The obtainment of additional financing, the successful development of the Company’s contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. The ability to successfully resolve these factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements of the Company do not include any adjustments that may result from the outcome of these aforementioned uncertainties.
	In order to mitigate the risk related with this uncertainty, the Company plans to issue additional shares of common stock for cash and services during the next 12 months.

4_Stockholders_Equity

4. Stockholders Equity	6 Months Ended
	Sep. 30, 2014
Notes
4. Stockholders Equity	4.      STOCKHOLDERS’ EQUITY
	Preferred Stock – The Company is authorized to issue 5,000,000 shares of $.0001 par value preferred stock. As of September 30, 2014, no shares of preferred stock had been issued.
	Common Stock - The Company is authorized to issue 500,000,000 shares of $.0001 par value common stock. As of September 30, 2014, 162,502,890 shares were issued and outstanding.
	Upon formation of the Company on April 22, 2014, the Board of Directors issued 10,000,000 shares of common stock for $1,000 in services to the founding shareholder of the Company. In addition, the founding shareholder made a contribution of $1,000 to the Company during the period ended June 30, 2014, which was recorded as additional paid-in capital.
	On July 16, 2014, the Company entered into an employment agreement with Richard Battaglini, pursuant to which the Company issued to Mr. Battaglini 123,200,000 shares of the Company’s restricted common stock. The value of the shares issued of $12,320 was the fair value of the Company’s common stock at the date of issuance which is based on prior sales of the Company’s common stock for cash.
	Additionally, on July 16, 2014, the Company entered into an employment agreement with Kent Wilson, pursuant to which the Company issued to Mr. Wilson 27,000,000 shares of the Company’s restricted common stock.  The value of the shares issued of $2,700 was the fair value of the Company’s common stock at the date of issuance which is based on prior sales of the Company’s common stock for cash.
	During the quarter ended September 30, 2014, the Company issued an aggregate of 2,000,000 shares of common stock to two Directors of the Company in connection with their service to the Company.  The value of the shares issued of $200 was the fair value of the Company’s common stock at the date of issuance which is based on prior sales of the Company’s common stock for cash.
	During the quarter ended September the Company sold 252,890 shares of common stock for gross proceeds of $65,878, of which $12,500 was not received until October 2014.
	During the quarter ended September 30, 2014, the Company issued 50,000 shares of common stock to two consultants of the Company.  The value of the shares issued of $10,000 was the fair value of the Company’s common stock at the date of issuance which is based on prior sales of the Company’s common stock for cash.
	Mr. Battaglini, the Company’s majority shareholder, made contributions totaling $10,000 to the Company during the quarter ended September 30, 2014, which was recorded as additional paid-in capital.

5_Related_Party_Transaction

5. Related Party Transaction	6 Months Ended
	Sep. 30, 2014
Notes
5. Related Party Transaction	5.     RELATED PARTY TRANSACTION
	On August 5, 2014, the Company entered into a Licensing Agreement (the “Agreement”) with AutoTek Incorporated (“AutoTek”).  Richard Battaglini, the Company’s President, Chairman, and majority shareholder, is also the President and Chairman of AutoTek.
	AutoTek is the owner of technology, including software source code, relating to two products designed to assist automobile dealerships: LotWatch and ServiceWatch.  LotWatch provides real-time information relating to each vehicle on a dealer’s lot.  ServiceWatch interfaces with a new vehicle, and provides information to a dealership service department about the vehicle, designed to improve communications between a dealer and a customer, and to provide better service to the customer.  Collectively, LotWatch and ServiceWatch are the “Licensed Technology.”
	Pursuant to the Agreement, AutoTek granted to the Company an exclusive, transferable (including sub licensable) worldwide perpetual license of the Licensed Technology, to make, use, iport, lease, and sell products incorporating the Licensed Technology (the “Licensed Products”).  The Company is required to pay to AutoTek royalty payments equal to $10 per ServiceWatch device activated using the Licensed Technology.
	The term of the Agreement runs from its execution through the earlier of (A) the execution and closing of the definitive purchase agreement by the parties and providing for the acquisition of all of AutoTek’s issued capital stock or AutoTek’s assets and intellectual property rights related to the source code, or (B) the first annual anniversary of the effective date.

6_Subsequent_Events

6. Subsequent Events	6 Months Ended
	Sep. 30, 2014
Notes
6. Subsequent Events	6.     SUBSEQUENT EVENTS
	Common Stock
	Subsequent to September 30, 2014, the Company:
	·         issued 25,000 shares of common stock for cash of $12,500;
	·         issued 500,000 shares to a consultant for services valued at $250,000; and
	·         cancelled 78,000,000 shares previously issued to Mr. Battaglini for no consideration.
	Registration Statement/Proxy Statement
	The Company and AutoTek Incorporated (“AutoTek”) have entered into an Asset Purchase and Share Exchange Agreement (the “APA”), pursuant to which the Company agreed to purchase from AutoTek the assets and intellectual property relating to the source code that was the subject of the License Agreement between the Company and AutoTek.  Pursuant to the APA, the closing of the asset purchase transaction is conditioned on the approval by the shareholders of AutoTek of the sale by AutoTek of the source code assets.  As the purchase price for the source code assets, the Company agreed to pay to AutoTek $30,000 in cash, and to offer to the AutoTek shareholders the right (but not the obligation) to exchange each one share of AutoTek common stock for six (6) shares of the Company’s common stock.
	On November 4, 2014, the Company filed a registration statement/proxy statement on Form S-4 (the “Registration Statement”) with the U.S Securities and Exchange Commission (the “SEC”).  The Registration Statement acts as a proxy statement to the AutoTek shareholders, relating to a special shareholder meeting to be held.  The Registration Statement includes information relating to the transaction, the Company, AutoTek’s operations and planned operations following the asset purchase transaction (assuming shareholder approval), as well as information about the officers of the Company, the Company’s development of the LotWatch and ServiceWatch products, their deployment to automobile dealerships, and related information about the Company.  The Registration Statement is under review by the SEC.
	Change in Shell Company Status
	In light of the License Agreement and the APA with AutoTek; the Company’s use of the licensed technology to develop the LotWatch and ServiceWatch products; the Company’s agreements with multiple automobile dealerships for deployment of the LotWatch and ServiceWatch products; and the revenues generated by the Company from those products, management of the Company believes that the Company has more than no or nominal operations.  Additionally, the Company has more than no or nominal assets, and has assets that are more than cash or cash equivalents.  As such, the Company has ceased to be a “shell company” as defined in SEC Rule 405 and Rule 12b-2.
	Additionally, the information provided in the Registration Statement constitutes “Form 10 information” as required to be filed by SEC Rule 144.  In a Current Report filed with the SEC on November 5, 2014, the Company indicated that it had ceased to be a shell company and that the Company has filed current Form 10 information.

2_Summary_of_Significant_Polic1

2. Summary of Significant Policies: Use of Estimates, Policy (Policies)	6 Months Ended
	Sep. 30, 2014
Policies
Use of Estimates, Policy
	Use of estimates – The preparation of financial statements in conformity with U.S. GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities.  These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances.  Actual results could differ from those estimates.

2_Summary_of_Significant_Polic2

2. Summary of Significant Policies: Cash and Cash Equivalents, Policy (Policies)	6 Months Ended
	Sep. 30, 2014
Policies
Cash and Cash Equivalents, Policy	Cash and cash equivalents – Cash and cash equivalents consist of cash and short-term investments with original maturities of less than 90 days.  Cash equivalents are placed with high credit quality financial institutions and are primarily in money market funds.  The carrying value of those investments approximates fair value. As of September 30, 2014, the Company had no cash equivalents.

2_Summary_of_Significant_Polic3

2. Summary of Significant Policies: Accounts Receivable, Net (Policies)	6 Months Ended
	Sep. 30, 2014
Policies
Accounts Receivable, Net	Accounts Receivable, net – The Company maintains reserves for potential credit losses on accounts receivable. Management reviews the composition of accounts receivable and analyzes historical bad debts, customer concentrations, customer credit worthiness, current economic trends and changes in customer payment patterns to evaluate the adequacy of these reserves. Reserves are recorded primarily on a specific identification basis.

2_Summary_of_Significant_Polic4

2. Summary of Significant Policies: Inventory (Policies)	6 Months Ended
	Sep. 30, 2014
Policies
Inventory	Inventory – Inventory is valued at the lower of the inventory’s cost (weighted average basis) or the current market price of the inventory. Management compares the cost of inventory with its market value and an allowance is made to write down inventory to market value, if lower.

2_Summary_of_Significant_Polic5

2. Summary of Significant Policies: Revenue Recognition, Policy (Policies)	6 Months Ended
	Sep. 30, 2014
Policies
Revenue Recognition, Policy	Revenue Recognition – Revenue is only recognized when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the price to the buyer is fixed or determinable, and (4) collectability is reasonably assured.

2_Summary_of_Significant_Polic6

2. Summary of Significant Policies: Earnings Per Share Policy, Basic (Policies)	6 Months Ended
	Sep. 30, 2014
Policies
Earnings Per Share Policy, Basic	Earnings (loss) per share – Basic earnings (loss) per common share is computed by dividing net income (loss) available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per common share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if potentially dilutive securities had been issued. There were no potentially dilutive securities outstanding during the periods presented.

2_Summary_of_Significant_Polic7

2. Summary of Significant Policies: Share-based Compensation, Option and Incentive Plans Policy (Policies)	6 Months Ended
	Sep. 30, 2014
Policies
Share-based Compensation, Option and Incentive Plans Policy	Stock-based compensation – The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with Financial Accounting Standards Board (“FASB”) ASC 718-10, Compensation – Stock Compensation, and the conclusions reached by FASB ASC 505-50, Equity – Equity-Based Payments to Non-Employees. 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.

2_Summary_of_Significant_Polic8

2. Summary of Significant Policies: Income Tax, Policy (Policies)	6 Months Ended
	Sep. 30, 2014
Policies
Income Tax, Policy	Income taxes – The Company records income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and attributable to operating loss and tax credit carry forwards. Accounting standards regarding income taxes requires a reduction of the carrying amounts of deferred tax assets by a valuation allowance, if based on the available evidence, it is more likely than not that such assets will not be realized. Accordingly, the need to establish valuation allowances for deferred tax assets is assessed at each reporting period based on a more-likely-than-not realization threshold. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carry forward periods, the Company’s experience with operating loss and tax credit carry forwards not expiring unused, and tax planning alternatives.
	The Company recorded valuation allowances on the net deferred tax assets.  Management will reassess the realization of deferred tax assets based on the accounting standards for income taxes each reporting period. To the extent that the financial results of operations improve and it becomes more likely than not that the deferred tax assets are realizable, the Company will be able to reduce the valuation allowance.
	Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. During the ordinary course of business, there are many transactions and calculations for which the ultimate tax determination is uncertain. Accounting standards regarding uncertainty in income taxes provides a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount which is more than 50% likely, based solely on the technical merits, of being sustained on examinations. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes.

2_Summary_of_Significant_Polic9

2. Summary of Significant Policies: New Accounting Pronouncements, Policy (Policies)	6 Months Ended
	Sep. 30, 2014
Policies
New Accounting Pronouncements, Policy	Recent Accounting Pronouncements – In June 2014, the FASB issued ASU 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted. The Company adopted ASU 2014-10 during the quarter ended September 30, 2014, thereby no longer presenting or disclosing any information required by Topic 915.

Recovered_Sheet1

2. Summary of Significant Policies (Details) (USD $)	Sep. 30, 2014	Apr. 30, 2014
Details
Stock subscription receivable	$12,500	$0

3_Going_Concern_Details

3. Going Concern (Details) (USD $)	Sep. 30, 2014
Details
Retained Earnings (Accumulated Deficit)	$151,650

4_Stockholders_Equity_Details

4. Stockholders Equity (Details) (USD $)	2 Months Ended	6 Months Ended
	Jun. 30, 2014	Sep. 30, 2014	Apr. 30, 2014
Preferred stock shares authorized		5,000,000	5,000,000
Preferred stock par value		$0.00	$0.00
Common stock shares authorized		500,000,000	500,000,000
Common stock par value		$0.00	$0.00
Common stock shares outstanding		162,502,890	10,000,000
Common stock shares issued		162,502,890	10,000,000
Stock Issued During Period, Value, Issued for Services	$1,000
Proceeds from Contributions from Affiliates	1,000
Additional paid-in capital		86,848	0
Founding Shareholder
Common stock shares issued	10,000,000
Richard Battaglini
Common stock shares issued		123,200,000
Development Stage Entities, Stock Issued, Value, Issued for Cash		12,320
Additional paid-in capital		10,000
Kent Wilson
Common stock shares issued		27,000,000
Development Stage Entities, Stock Issued, Value, Issued for Cash		2,700
Two Directors of the Company
Common stock shares issued		2,000,000
Development Stage Entities, Stock Issued, Value, Issued for Cash		200
Other
Common stock shares issued		252,890
Development Stage Entities, Stock Issued, Value, Issued for Cash		65,878
Two Consultants of the Company
Common stock shares issued		50,000
Development Stage Entities, Stock Issued, Value, Issued for Cash		$10,000